RHC Pipeline Report Disclaimer

Red Hook Capital (RHC) provides a weekly report of deals that RHC finds of interest through “RHC Pipeline Report.” Below is a disclaimer,  an advisory, and a note for this report.

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.

ADVISORY:  Please visit the company or investor’s website when sourcing news information.  RHC Pipeline Report information is collected via a 3rd party and is not verified.  Third parties sources and even a company press release may or may not provide the correct information.

NOTE:  Please visit the source such as the investors or company website.  In many cases, a link to the company website is provided as most information is provided by a 3rd party on this website.

 

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.

RHC Pipeline Report v2018.08.28 (SEA)

rhc pipeline highlight

Duckhorn Wine Company, which is backed by TSG Consumer Partners, acquired Kosta Brownea California-based winery. Financial terms weren’t disclosed.

Read More: https://www.winemag.com/2018/07/17/duckhorn-wine-company-buys-kosta-browne/

(SEA LINK)

rhc pipeline report

  • Align General Insurance Agency merged with Catalytic Risk Managers, a San Diego-based insurance firm, with funding from Bregal Sagemount. Financial terms weren’t disclosed.
  • Dominus Capital invested in BluSky Restoration Contractors, a Centennial, Colo.-based provider of restoration and roofing services. Financial terms weren’t disclosed.
  • KCM Capital Partners recapitalized Atlantic Beverage, an Edison, N.J.-based food and beverage distributor in partnership with existing investors Huron Capital and Stonehenge Partners. Financial terms weren’t disclosed.
  • Medlogix LLC, a portfolio company of Excellere Partners, acquired Integrity Medicolegal Enterprises and Michigan Evaluation Group, two medical record review firms based in Minneapolis, Minn. and Southfield, Mich. respectively. Financial terms weren’t disclosed.
  • Pátria Investimentos is reportedly weighing a bid for Companhia Energética de São Paulo, Reuters reports citing a source.
  • Pinnacle Dermatology, a portfolio company of Chicago Pacific Founders, acquired North Oakland Dermatology, a North Oakland, Mich.-based dermatology practice. Financial terms weren’t disclosed.
  • Rising Sun Ventures acquired a majority stake in Eyenalyze, a Conway, Ak.-based data analytics software firm for restaurant owners and franchises. financial terms weren’t disclosed.
  • Blue Point Capital Partners recapitalized Next Level Apparel, a Gardena, Calif.-based maker of casual apparel for the promotional product, ad specialty and other decorated apparel markets. Financial terms weren’t disclosed.
  • Dwyer Group, which is backed by Harvest Partners, acquired Mosquito Joe, a Virginia Beach, Va.-based franchisor in the mosquito control services industry. Financial terms weren’t disclosed.
  • Alpine Investors made an investment in VHT, an Akron, Ohio-based provider of customer experience solutions. Financial terms weren’t disclosed.
  • AdSwerve, which is backed by Abry Partners, acquired Analytics Pros Inc, a Seattle-based Google Analytics 360 and Google Cloud partner and reseller, for $24 million.
  • ClearCompany, a recruiting and talent management software solution, raised $60 million in funding. Primus Capital led the round.
  • Progressa, a Canada-based fintech company leveraging big data to improve lending outcomes for sub-prime consumers, raised $84 million in Series B funding. Gravitas Securities and Canaccord Genuity co-led the round.
  • AuditBoard, a La Palma, Calif.-based cloud-software platform for automating the way enterprises handle critical risk, audit and compliance work, raised $40 million in Series B funding. Battery Ventures led the round.
  • Twistlock, a Portland-based provider of container and cloud native cyber security, raised $33 million in Series C funding. ICONIQ Capital led the round, and was joined by investors including YL Ventures, TenEleven, Rally Ventures, Polaris Partners and Dell Technologies Capital.
  • Axoni, a New York-based provider of enterprise blockchain technology, raised $32 million in Series B funding. Goldman Sachs and Nyca Partners led the round, and were joined by investors including Andreessen Horowitz, Citi, Coatue Management, Digital Currency Group, F-Prime Capital, Franklin Templeton Investments, J.P. Morgan, NEX Group, Wells Fargo and Y Combinator.
  • Ubiquity6, a San Francisco-based provider of an AR platform, raised $27 million in Series B funding. Benchmark and Index Ventures co-led the round.
  • RevJet, a San Carlos, Calif.-based operator of an online platform for audience-based ad creatives, raised $21 million in Series A funding. Nautic Partners led the round.
  • Owl Cameras, a Palo Alto, Calif.-based developer of an automobile security camera, raised $10 million in a Series A1 funding. Canvas Ventures led the round, and was joined by investors including DefyKhosla VenturesMenlo VenturesSherpa Capital and CSAA Insurance Group.
  • Full Harvest, a San Francisco-based provider of a B2B platform that connects large farms to food companies to sell surplus and imperfect produce, raised $8.5 million in Series A funding. Spark Capital led the round, and was joined by investors including Cultivian Sandbox Ventures, Wireframe Ventures, Rent the Runway founder Jenny Fleiss, Jon Scherr and Adam Zeplain ofMark.vc.
  • Backbone PLM, a Boulder, Colo.-based cloud-based platform that enables brands to streamline the product development process, raised $8 million in Series A funding. Signal Peak Ventures led the round, and was joined by investors including Grotech Ventures, Spider Capital, Novel TMT Ventures, Beanstalk Ventures, Brainchild Holdings and Peterson Ventures.
  • meQuilibrium, a Boston-based provider of a digital coaching platform, raised $7 million in Series C funding. HLM Venture Partners led the round, and was joined by investors including Chrysalis Ventures and Safeguard Scientifics.
  • Capillary Biomedical Inc, an Irvine, Calif.-based diabetes management startup, raised $2.9 million in funding. Cove Fund led the round.
  • BioBeats, a London-based provider of digital health products, raised 2.4 million pounds ($3 million) in funding. Oxford Sciences Innovation, White Cloud and IQ Capital led the round.
  • Concourse Global, a Brooklyn, N.Y.-based educational tech company, raised $2 million in seed funding. Colle Capital led the round, and was joined by investors including A-Star Education and Third Kind VC.

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.