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Figo Pet Insurance raises $1.5 million in development capital
Figo Pet Insurance raised $1.5 million including loan financing from an undisclosed investor on January 16. The company, founded by Howard Sproat in 2013, is based in Chicago. The company’s cloud-based pet insurance platform connects pet owners with pet insurance plans that pay…
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Apruve closes $6 million Series A venture deal
Minneapolis-based Apruve raised $6 million in Series A venture funding on January 24 in a round led by Cloud Apps Capital Partners, with TTV Capital and AllegisCyber participating in the round. The company plans to use the capital on research and development, and to expand its market reach. The company, founded in 2013, is a…
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Mycroft AI closes $2.14 million convertible debt funding deal
January 25 – Mycroft AI, founded in 2015 and headquartered in Kansas City, closed a $2.14 million convertible debt funding deal this week. Tuesday’s round with Social Starts, Deep Space Ventures, The Jaguar Land Rover Tech Incubator, TechNexus Venture Collaborative, and other undisclosed investors positions the company for continued expansion in the AI and machine-learning…
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Drone Amplified growth ignited by Invest Nebraska seed funding
Lincoln-based Drone Amplified completed its second round of $460,000 in seed financing. Invest Nebraska led the round with $80,000. Co-investors included various Nebraska angels and Nelnet. The November 8, 2018 financing round comes only a year after the first round with Invest Nebraska and various Nebraska angels – the same year Drone Amplified was founded.…
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Omaha Area’s 2018 capital investment exceeded $1.4 billion
The Greater Omaha Chamber announced on Thursday that regional capital investment exceeded $1.4 billion in 2018, bolstered by economic development projects that included 33 new-to-market companies and business expansions. The investment total includes capital investments, angel capital, new-to-market businesses and additional six-county accomplishments. More than 101 startups, fueled by angel/venture capital investment in excess of…
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KC-based Mylo raises $28 million in Series A financing
Independent digital insurance broker Mylo has announced a $28 million investment led by Guggenheim Partners. Kansas City-based Mylo intends to leverage the investment and its partnerships to scale and expand its influence in the insurance marketplace. The company has enjoyed steady revenue growth since it’s launch by Global professional services firm Lockton in 2015. The…
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Invisibly raises $20.23 million
Clayton, Missouri-based Invisibly raised $20.23 million in Series A funding in 2018, led by premier Silicon Valley venture capital firm Founders Fund, which was founded by Peter Thiel and has also invested in SpaceX, AirBnB, and Spotify. The company, founded in 2017, builds products that disrupt the attention economy. The platform provides transparency for consumers…
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Truss closes $15M in Series A2 financing
Deerfield, IL startup Truss, founded in 2016, raised $15 million in Series A2 financing. General Catalyst led the January 17 deal, with Navitas Capital, Hyde Park Venture Partners, Hyde Park Angels, and Jeff Boyd, former CEO of Priceline and managing director of Brothers Brook, participating. The company plans to use the money to expand its…
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Stackify raises $2.74M
Leawood, Kansas-based Stackify raised $2.74 million in convertible debt financing from undisclosed investors on January 4. The company, founded in 2012, is a provider of an application performance management solution (APM) designed specifically for developers. The company’s products are used in more than 1000 organizations in nearly 50 countries. Put simply, the platform helps developers…
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SonarMD lands $10 million series A deal
ELGIN, IL – SonarMD raised $10 million in Series A venture financing on December 17, 2018 from BlueCross BlueShield Venture Partners and Arboretum Ventures. The company will use the funds to help accelerate growth and expansion of its team and offerings into other specialty areas beyond inflammatory bowel disease in GI practices. SonarMD is a…