RHC Pipeline Report v19.02.28

rhc pipeline report highlight

Ascendant Studios, a San Rafael, CA-based game developer, launched and secured an initial funding round of undisclosed amount

Ascendant Studios press release:

https://www.gamasutra.com/view/pressreleases/337685/Ascendant_Studios_Launches_to_Create_Uncompromising_Groundbreaking_Game_Worlds_Secures_Initial_Funding_Round.php

rhc pipeline report (15+ deals profiled)

  • Aptean, an Alpharetta, GA-based provider of mission-critical, industry-specific enterprise software solutions, will receive a joint investment from TA Associates and Vista Equity Partners

  • Kindred, an organization that brings together communities of influential creators, platforms and purpose-driven brands to accelerate the next generation of social movements, raised $3m in venture capital funding

  • Aprea Therapeutics, a Boston, Massachusetts- and Stockholm, Sweden-based clinical-stage biotechnology company developing novel anticancer therapies targeting the p53 tumor suppressor protein, raised approx. €5m in Series C funding

  • Curv, a New York-based cryptography company securing the digital economy, raised $6.5m in seed funding

Continue reading “RHC Pipeline Report v19.02.28”

RHC Pipeline Report v19.01.28

RHC PIPELINE HIGHLIGHT

Jyve, a San Francisco-based platform for in-store flexible and skilled labor, raised $35 million in funding. Investors include SignalFire, Crosscut Ventures, Ridge Ventures and New Enterprise Associates.

Press Release: https://www.webwire.com/ViewPressRel.asp?aId=234783

RHC PIPELINE REPORT (20+ DEALS PROFILED)

  • Vicinity Real Estate Holdings, the real estate investment vehicle of MJIC, Inc., a Commerce, California-based provider of fully-licensed cannabis wholesale distribution, retail, compliance and supply chain solutions, secured an initial $24m funding commitment

  • Allvision, a Pittsburgh, Pennsylvania-based geospatial analytics company providing insights and business intelligence to verticals such as infrastructure management, insurance, advertising, and security, raised $3.2m in seed funding

  • Apruve, a Minneapolis-based B2B credit automation platform, closed on $6m in its Series A financing

Continue reading “RHC Pipeline Report v19.01.28”

Upate and Welcome to Red Hook Capital

Welcome to Red Hook Capital.  Red Hook Capital is the ideas and energy that produces results via new ventures from moonshot deals to Special Purpose Entities (SPEs).

UPDATE

  • Our friends and family have invested through SPEs in 6 moonshot deals last quarter.
  • Currently, we are raising capital for one of our new SPEs for a hybrid fund that invests in funds (fund of funds) and moonshot deals.
  • A few times a month the Red Hook Capital Report (RHC Report) will highlight new private equity funds and venture capital funds.  We are investing through are SPEs in funds and moonshot deals.
  • Our SPEs are actively investing in moonshot deals that have a clear plan for landing!

Updated October 9th 2019 (2019/10/09)

 

RHC Pipeline Report v2018.12.28

RHC Pipeline highlight

Plaid, a San Francisco-based fintech company, raised $250 million in Series C funding.  Mary Meeker led the round (from Kleiner Perkins’ growth fund), and was joined by investors including Andreessen Horowitz, Index Ventures, Goldman Sachs, NEA, and Spark Capital.

Read more: https://techcrunch.com/2018/12/11/fintech-startup-plaid-raises-250m-at-a-2-65b-valuation

RHC PIPELINE (20+ Deal profiled)

  • Tomahawk Robotics, a Melbourne, FL-based startup bringing advanced robotic control systems to enterprise markets, raised $2.4m in seed funding

  • GenEdit, Inc., a Berkeley, CA-based developer of novel polymer nanoparticle technology platform for non-viral-based delivery of gene therapeutics, completed an $8.5m seed financing

  • WhyHotel, a Washington, D.C.-based alternative lodging service that operates pop-up hotels in newly built, luxury apartment buildings, secured $10M in Series A funding

  • The Riveter, a Seattle, WA-based membership network built by women, for everyone, that offers coworking spaces, programming, and community, closed a $15m Series A financing

Continue reading “RHC Pipeline Report v2018.12.28”

RHC Pipeline Report v18.11.28

RHC Pipeline hightlight

Asana, a work management platform for teams, raised $50 million in Series E funding at a valuation of $1.5 billion. Generation Investment Management led the round and was joined by investors including 8VC, Benchmark Capital, Founders Fund,  Lead Edge Capital, and World Innovation Lab.

Read more via BusinessWire: https://www.businesswire.com/news/home/20181129005131/en/Asana-Raises-50-Million-Series-Funding-Fuel

RHC Pipeline report (20+ deals profiled)

  • Bindable, a Boston, MA-based insurtech company, raised an undisclosed amount of funding

  • Springboard Retail, a Boston, MA-based cloud POS and Retail Management platform for retail brands to drive sales and margin, raised $400k in funding

  • ShoppingGives, a Chicago, IL-based provider of a retail solution that enables shoppers to give a percentage of their purchases to charity and enables retailers to give back from their shopping cart, raised more than $1.2m in seed funding

  • Swet Tailor, a Los Angeles, CA-based menswear brand, closed a first round of seed funding of $1.5M

Continue reading “RHC Pipeline Report v18.11.28”

RHC Pipeline Report v2018.10.28

RHC PIPELINE HIGHLIGHT

Airoboticsan Israel-based automated drone startup, raised $30 million in Series D funding. Pavilion Capital led the round, and was joined by investors including BlueRun Ventures, Charles River Ventures and OurCrowd.

Airobotics Press Release: https://www.airoboticsdrones.com/press-releases/airobotics-raises-32-5-million-round-c-to-meet-growing-demand-in-mining-and-homeland-security-industries/

(BlueRun Ventures –IND LINK)

RHC PIPELINE REPORT (15+ Deals profiled)

  • Cloud Elements, a Denver, CO-based API integration platform for digital products, raised a new funding round of undisclosed amount

  • Attila Security, a Fulton, MD-based company providing visibility, control and threat defense across physical, virtual, and cloud applications, completed its $2.5m seed funding round

  • 1Drop, a Boston, MA-based and Neuchatel, Switzerland-based life science company developing and commercializing a laboratory quality, a portable medical diagnostic testing platform, closed a $4.25m Series A equity financing round


  • Zylotech, a Cambridge, MA-based AI-driven customer analytics platform for marketers, secured a $5.5M funding round

Continue reading “RHC Pipeline Report v2018.10.28”

RHC Pipeline Report v2018.09.28

RHC PIpeline highlight

Aflac Incorporated (NYSE :AFL) is increasing its original investment in the Aflac Ventures Fund from $100m over three years to $250 million over three to four years, as opportunities emerge

rhc pipeline report (20+ deals profile)

  • Building Ventures, an early-stage investor committed to innovation in the built world, has launched officially
  • Amplify Partners, a Menlo Park, CA-based early-stage venture capital firm that invests in radically technical founders solving technical problems for the enterprise, closed its third fund, at $200m
  • Investment management firm Hillhouse Capital closed Hillhouse Fund IV, L.P., with aggregate commitments of US$10.6 billion
  • SaaS Capital, a Cincinnati and Seattle-based provider of committed credit facilities to Software-as-a-Service (SaaS) companies, closed its third fund, with $75m in limited partner commitments

Continue reading “RHC Pipeline Report v2018.09.28”

RHC Pipeline Report v2018.07.28

RHC Pipeline highlight

Golden Gate Capital acquired The Learning Experience, a Deerfield Beach, Fla.-based operator of academies of early education for children. Financial terms weren’t disclosed.

Read more on Forbes: https://www.forbes.com/sites/karstenstrauss/2018/07/03/the-learning-experience-changes-hands/

rhc pipeline report (20+ deals profiled)

  • Gridiron Capital LLC acquired a controlling stake in The Service Companies Inc, a Miami-based provider of services such as housekeeping, public and casino area cleaning, kitchen cleaning. Financial terms weren’t disclosed.
  • WindRose Health Investors recapitalized basys, a Baltimore-based provider of benefits administration technology. Financial terms weren’t disclosed.
  • CVC Capital Partners agreed to acquire Recordati, an Italy-based pharmaceutical business the Recordati family, for about 3 billion euros ($3.5 billion).
  • HS2 Solutions, which is backed by Mountaingate Capital, acquired Infield Digital, a digital experience consultancy. Financial terms weren’t disclosed.
  • Cairngorm Capital acquired Rembrand Timber Limited, a U.K.-based timber processing and distribution company, and is merging it with its existing portfolio company, Thornbridge. Financial terms weren’t disclosed.
  • Light, a San Francisco-based developer of computational imaging technology, raised $121 million in Series D funding. SoftBank led the round, and was joined by investors including Leica Camera AG.
  • BookMyShow, an India-based online ticketing service for cinemas, theatres and sports, raised $100 million in Series D funding. The investors were not named.
  • Centivo, a New York-based type of self-funded health plan, raised $34 million in Series A funding. Bain Capital Ventures led the round, and was joined by investors including F-Prime Capital Partners, Maverick Ventures, Bessemer Venture Partners, Ingleside Investors, Rand Capital, Grand Central Tech Ventures and Oxeon Investments.
  • Seeq Corp, a Seattle-based provider of industrial internet of things advanced analytics software, raised $23 million in Series B funding. Altira Group led the round, and was joined by investors including Chevron Technology Venturesnext47, and Second Avenue Partners.
  • Openpath, a Los Angeles-based provider of secure access systems for the modern office, raised $20 million in Series B funding. Emergence Capital led the round.
  • Reali, a San Mateo, Calif.-based real estate app, raised $20 million in Series B funding. Zeev Ventures led the round, and was joined by investors including Signia Venture Partners.
  • K Health, a New York-based primary care app, raised $12.5 million in funding. Investors icnlude Mangrove Capital Partners, Lerer Hippeau, Primary Venture Partners, BoxGroup, Max Ventures, Bessemer Venture Partners and Comcast Ventures.
  • Swim.ai, a San Jose, Calif.-based edge intelligence software firm, raised $11 million in Series B funding. Cambridge Innovation Capital led the round.
  • Fattmerchant, an Orlando, Fla.-based payment technology provider, raised $10.5 million in Series C funding. Fulcrum Equity Partners led the round.
  • Swivel, a San Francisco-based online service where companies can find and design their own plug-and-play workspace, raised $4.75 million in seed funding. First Round Capital led the round, and was joined by investors including Fuel Capital, Correlation Ventures, Great Oaks Venture Capital, Hack VC, Capital Factory, Abstract Ventures, Floodgate and Next Coast Ventures.
  • Kenzie Academy, an Indianapolis-based apprenticeship program that develops modern tech workers, raised $4.2 million seed funding.  ReThink Education led the round.
  • The Ken, an India-based business news site, raised $1.5 million in Series A funding. Omidyar Network led the round.
  • Automation Anywhere, a San Jose, Calif.-based robotic process automation company, raised $250 million in Series A funding. New Enterprise Associates and Goldman Sachs Growth Equity co-led the round and were joined by investors including General Atlantic and World Innovation Lab. Automation Anywhere is valued at $1.8 billion post-money.
  • Califia Farms, a Los Angeles-based plant-based beverage company, raised more than $50 million in funding. Ambrosia Investments led the round and was joined by investors including Sun Pacific and Stripes Group.
  • Arrive Logistics, an Austin, Texas-based freight broker, raised more than $10 million in Series A funding. Lead Edge Capital led the round.
  • Unify Square, a Bellevue, Wash.-based provider of software and cloud managed services for Microsoft Teams and Skype for Business, raised approximately $10 million in Series C funding. PRIMEPULSE SE led the round.
  • Oden Technologies, a New York-based industrial IoT company that provides manufacturing data analytics, raised $10 million in Series A funding. Atomico led the round and was joined by investors including EQT Ventures and Inbox Capital.

DISCLAIMER: Information is provided by 3rd party sources such as AP, Bloomberg, Forbes, Fortune, PR Wire, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources and is not verified.

RHC Pipeline Report v2018.06.28

RHC Pipeline highlight

TPG agreed to acquire a minority stake in Anastasia Beverly Hills, a Beverly Hills, Calif.-based beauty company. Financial terms weren’t disclosed.

Read More Via BusinessWire: https://www.businesswire.com/news/home/20180620005884/en/TPG-Capital-Partners-Anastasia-Beverly-Hills

(TPG – RHC Link)

rhc pipeline report (20+ deals profiles)

  • B-Stock Solutions, a Belmont-based online auction platform for returned, excess and other liquidation inventory, raised $65 million. Investors include Spectrum Equity.
  • Siris Capital will buy Web.com Group Inc, a Jacksonville, Fla.-based provider of internet domain name registration services, for about $2 billion in cash.
  • Anju Software Inc, which is backed by Providence Equity Partners, acquired MDCPartners, a provider of business intelligence data solutions. Financial terms weren’t disclosed.
  • Serent Capital made an investment in Axiom Medical, a Texas-based incident case management and occupational health services provider. Financial terms weren’t disclosed.
  • Nubox, which is backed by Riverwood Capital, acquired Colppy, an Argentina-based provider of cloud-based financial management solutions for entrepreneurs. Financial terms weren’t disclosed.
  • Netgain Technology LLC, which is backed by Bluff Point Associates, acquired iManaged Solutions LLC, a Huntington Beach, Calif.-based provider of cloud services to optometry practices. Financial terms weren’t disclosed.
  • Harbor Beach Capital made funding of an undisclosed amount in AVFX, a Boston-based provider of event technology services.
  • United Claim Solutions, a portfolio company of Great Point Partners, acquired Zebu Compliance Solutions, a Portsmouth, Ohio-based provider of payment integrity and ongoing credentialing solutions to payors, clearinghouses, and provider organizations. Financial terms weren’t disclosed.
  • Centauri Health Solutions Inc, which is backed by Silversmith Capital Partners, acquired NHI Billing Services, a Phoenix, Ariz.-based provider of Medicaid-related specialized billing services to hospitals and health systems. Financial terms weren’t disclosed.
  •  PolicyBazaar, an India-based operator of a digital insurance business, raised more than $200 million in funding. SoftBank’s Vision Fund led the round and was joined by investors including InfoEdge and Naukri.com.
  • TourRadar, an Austria-based operator of an online marketplace to compare and book group travel, raised $50 million in Series C funding. TCV led the round, and was joined by investors including Cherry Ventures, Endeit Capital, Hoxton Ventures, and Speedinvest.
  • Unison Home Ownership Investors, a provider of home ownership investments, raised $40 million in Series B funding. F-Prime Capital led the round, and was joined by investors including Citi Ventures and Royal Bank of Canada.
  • BigID Inc, a New York City and Tel Aviv-based provider of enterprise data protection and privacy solutions, raised $30 million in Series B funding. Scale Venture Partners led the round, and was joined by investors including ClearSky Security, Comcast Ventures, BOLDstart Ventures, Information Venture Partners and the SAP.iO Fund.
  • HONK Technologies, a San Francisco-based platform for connecting drivers, towing professionals and insurers, raised $18 million in funding. Altpoint Ventures led the round, and was joined by investors including Venture 51 and Structure Capital.
  • Homee, a Tampa Fla.-based on-demand property maintenance app, raised $11 million in Series A funding. Investors include Home Depot, Activate Capital and Engage Ventures.
  • Quantum Xchange, a Bethesda, Md.-based provider of fiber-optic network and data protection services, raised $10 million in Series A funding. New Technology Ventures led the funding.
  • Catalog, a San Francisco-based developer of a method to encode data in DNA, raised $9 million in funding. New Enterprise Associates led the round and was joined by investors including OS Fund, Day One Ventures, messaging app Line, Data Collective, Green Bay Ventures, AME Cloud Ventures, and Industry Ventures.
  • Winnie, a San Francisco-based developer of an app that offers parents with information needed to travel, explore, or run errands with kids, raised $4 million in seed funding. Reach Capital led the round and was joined by investors including Rethink Impact, Homebrew, Ludlow Ventures, Afore Capital, and BBG Ventures.
  • Triptease, a U.K.-based travel SaaS startup which helps hotels to get more direct bookings and bring hospitality online, raised $4 million in funding. Investors include BGF and Notion Capital.
  • Atomic Reach, a Canada-based artificial intelligence-based content optimization platform, raised $3.4 million in funding. Investors include Fidelity Investments Canada ULC.

DISCLAIMER: Information is provided by 3rd party sources such as AP, Bloomberg, Forbes, Fortune, PR Wire, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources and is not verified.

RHC Pipeline Report v2018.05.28

rhc pipeline highlight

KKR and Oaktree Capital Management LP acquired ProServ, a U.K.-based energy services company, for $50 million.

Read More via ProServ Press Release: https://www.proserv.com/proserv-enters-restructuring-agreement/

(KKR – SEA Link)

RHC Pipeline report (20+ deals profiled)

Accel-KKR acquired Sageworks, a Raleigh, N.C.-based provider of financial software and information products to American financial institutions. Financial terms weren’t disclosed.

Kinderhook Industries recapitalized All States Ag Parts, a Downing, Wisc.-based supplier of used and remanufactured parts for tractors and ag equipment. Financial terms weren’t disclosed.

FTV Capital invested $35 million in Tango Card, a Seattle-based provider of digital incentives and rewards.

L Catterton Asia invested in Future Lifestyle Fashions Ltd, an India-based fashion company. Financial terms weren’t disclosed.

Main Capital acquired a stake in SDB Ayton, a healthcare HR specialist. Financial terms weren’t disclosed.

BJ Beltram, Inc., a portfolio company of Trivest Partners, acquired Louis Wohl and Sons Inc, a Tampa, Fla.-based provider of equipment, supplies and design services to the food service industry. Financial terms weren’t disclosed.

River Associates Investments LP acquired GAHH, a  North Hollywood, Calif.-based maker of aftermarket convertible tops, Jeep tops, seat covers and vehicle interiors. Financial terms weren’t disclosed.

Fulcrum Equity Partners acquired a majority stake in Liberation Way, a Yardley, Penn.-based drug and alcohol addiction treatment facility. Financial terms weren’t disclosed.

The Halifax Group invested ChanceLight Behavioral Health, Therapy & Education, a provider of behavioral health, therapy and education solutions for children and young adults. Financial terms weren’t disclosed.

Fireman Capital Partners acquired a majority interest in Bandon Holdings, an Anytime Fitness franchisee. Financial terms weren’t disclosed.

Cuebiq, a New York-based location intelligence and consumer insights company, raised $27 million in Series B funding. Investors include Goldman Sachs Principal Strategic Investments, Nasdaq Ventures, DRW Venture Capital, Tribeca Venture Partners, Tribeca Angels and TLcom Capital.

OJO Labs, an Austin, Texas-based learning chatbot provider, raised $20.5 million in Series B funding. Investors include LiveOak Venture Partners, Silverton Partners, Realogy Holdings Corp., Royal Bank of Canada, Northwestern Mutual Future Ventures and ServiceMaster.

REBBL, an Emeryville, Calif.-based producer of organic coconut-milk based super-herb drinks, raised $20 million in funding. CAVU Venture Partners led the round.

Bestow Inc., a Dallas-based company insurance tech company, raised $15 million in Series A funding. Valar Ventures led the round, and was joined by investors including New Enterprise Associates (NEA), Core Innovation Capital, 8VC, and Morpheus Ventures.

Nanit, a New York-based smart baby monitor that uses computer vision technology, raised $14 million in Series B funding. Jerusalem Venture Partners led the round, and was joined by investors including Upfront Ventures, RRE Ventures, Vulcan Capital and Vaal Investment Partners.

Decent, a Sausalito, Calif.-based healthcare startup, has secured $8 million in funding. Decent’s investors included Foundation Capital, Menlo Ventures, Digital Currency Group, Lux Capital, Maverick Ventures, Core Innovation Capital, Meridian Street Capital, Healthy Ventures, ChinaRock Capital Management, Abstract Ventures, Precursor Ventures, Ride Ventures, Sequoia Capital Scouts, Fenwick & West and Sure Ventures.

TuneGO, a Henderson, N.V.-based technology platform that connects artists with the music industry, raised more than $7.7 million in Series B funding. Falcon Capital led the round.

Indee Labs, a Berkeley, Calif. and Sydney, Australia-based developer of hardware for gene delivery, raised $2.6 million in funding. Founders Fund led the round, and was joined by investors including Main Sequence Ventures.

Selected, a New York-based online platform that matches teachers with jobs, raised $1.2 million in seed funding. Propel Capital led the round, and was joined by investors including Kapor Capital.