PALM DRIVE CAPITAL


Associated tags: Internet, Other Communications, DTC, Ryder, FlexE, Untuckit, Electric Feel, Â, ROI, UPS, Uber, Commerce, Online shopping, Ohi, Palm Drive Capital, JAM Fund, OHI, PALM DRIVE CAPITAL, Flybridge Capital Partners, Amazon

Ohi Announces $19 Million Series A Funding Round

Retrieved on: 
Wednesday, October 13, 2021

Ohi , the next-generation instant commerce platform that enables brands to meet their customers expectations of superfast delivery in under two hours, today announced the completion of a $19 million Series A funding round.

Key Points: 
  • Ohi , the next-generation instant commerce platform that enables brands to meet their customers expectations of superfast delivery in under two hours, today announced the completion of a $19 million Series A funding round.
  • Ohi will also use the funding to expand its product offering to include an option for delivery in under 20 minutes.
  • Since closing the funding round in April, Ohi has been building a team of experts from across the e-commerce and fulfillment industries.
  • Ohi is the leading instant commerce solution for direct-to-consumer brands looking to grow their business by enabling powerful post-purchase experiences.

A Global Initiative to Protect Frontline Responders During COVID-19 Pandemic

Retrieved on: 
Wednesday, May 13, 2020

NEW YORK, May 13, 2020 (GLOBE NEWSWIRE) -- MillionLives.org , a global initiative dedicated to protecting frontline responders, has successfully procured and distributed medical supplies to hospitals across the world.

Key Points: 
  • NEW YORK, May 13, 2020 (GLOBE NEWSWIRE) -- MillionLives.org , a global initiative dedicated to protecting frontline responders, has successfully procured and distributed medical supplies to hospitals across the world.
  • Medical institutions around the world are struggling to acquire desperately needed medical supplies during the COVID-19 pandemic.
  • The majority of PPE shortages are in acute care hospitals, nursing homes, independent clinics, home health aides and hospices.
  • ( https://www.gofundme.com/f/millionlives )
    MillionLives.org is a global initiative dedicated to helping prevent millions of people being infected by the global COVID-19 Pandemic by using their global network to procure certified medical supplies directly from major suppliers around the world and distribute them to the most needed.

DataCubes Raises $15.2 Million in Series B Funding Round

Retrieved on: 
Thursday, November 14, 2019

CHICAGO, Nov. 14, 2019 /PRNewswire/ -- DataCubes , a leading underwriting decisioning platform for U.S. commercial property and casualty (P&C) insurers, today announced the close of a $15.2 million funding round led by Palm Drive Capital .

Key Points: 
  • CHICAGO, Nov. 14, 2019 /PRNewswire/ -- DataCubes , a leading underwriting decisioning platform for U.S. commercial property and casualty (P&C) insurers, today announced the close of a $15.2 million funding round led by Palm Drive Capital .
  • "This round of funding will give us a boost to support the demand we are seeing from the underwriting community to fix inefficiencies and drive better expense and loss ratio results."
  • The Series B funding round, which was led by Palm Drive Capital , included participation from Altos Ventures , NFP Ventures , Stage 2 Capital , MPK Equity Partners and existing investors including Seyen Capital and MK Capital .
  • In total, DataCubes has raised nearly $18 million in less than three years.

Lentesplus.com, the leading e-commerce platform for contact lenses in Latin America, receives US$5 MM funding from Palm Drive Capital, IGNIA and InQlab to continue its regional expansion

Retrieved on: 
Thursday, November 29, 2018

Palm Drive Capital led this new round of financing along with existing investors IGNIA, InQlab, and other angels.

Key Points: 
  • Palm Drive Capital led this new round of financing along with existing investors IGNIA, InQlab, and other angels.
  • With this new round, the company has raised 9 million dollars in equity investments since its beginnings in 2014.
  • Seamon Chan, Managing Partner at Palm Drive Capital, stated, "With Lentesplus.com we see founders who are extremely dedicated to improving the consumer experience.
  • Latin American consumers have been historically underserved and have had a lower contact lens usage relative to the rest of the world.