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Funding News 7.27.22

Rush ReCommerce announces $12.9 million Series A funding round – OMAHA, Neb., July 25, 2022 /PRNewswire/ — Rush ReCommerce, a recommerce software and service provider, has closed a $12.9 million Series A financing. The company intends to use the newly invested capital to enhance its solution and accelerate the growth of its recommerce network. The round was led by Beringea with participation from Advantage Capital and existing shareholders.

Heart Health Innovator Cleerly Closes Series C Funding Round with $192 Million – NEW YORK–(BUSINESS WIRE)–Cleerly, the company creating a new standard of care for heart disease, announced that it has closed a Series C financing round of $192 million. This new funding brings the total raised by the fast-growing health care company to $248 million, which includes its Series B round in 2021.

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Cleerly Closes $192M Series C Funding Round

Cleerly, a NYC-based heart disease care company, closed a Series C financing round of $192m.

This round, which brought the total raised by the health care company to $248m, was led by funds and accounts advised by T. Rowe Price Associates, Inc. and T. Rowe Price Investment Management, Inc., and Fidelity Management and Research Company, which were joined by additional investors including Sands Capital, Piper Sandler’s Merchant Banking and Heartland Healthcare Capital funds, Mirae Asset Capital, Peter Thiel, Breyer Capital, and Novartis, as well as existing investors Vensana Capital, LRVHealth, New Leaf Ventures, Cigna Ventures and DigiTx Partners.

Peter Thiel’s Fund Leads $40 Million Round in Shares App – Peter Thiel-backed Valar Ventures is leading a $40 million financing round into European investing app Shares. 

Fantasy Sports App Underdog Raises $35 Million Series B Funding Round – Fantasy sports app Underdog has raised a $35 million Series B funding round that will be used to fuel its expansion into licensed sports betting. BlackRock and Acies Investments led the funding round for Underdog, which now values itself at $485 million.

Travel technology firm Spotnana raises $75 mn in Series B funding round – Spotnana, a cloud-based travel technology platform, has raised $75 million in a funding round led by Durable Capital Partners LP, with participation from existing investors Madrona Venture Group, Blank Ventures, ICONIQ Growth, and Mubadala Capital.

Strive Raises $500,000 in Pre-Seed Funding Round – Strive on Wednesday announced to have raised $500,000 in a pre-seed funding round led by investors including 100X.VC, Anupam Mittal, Let’s Venture, GrowX Ventures, Amey Mashelkar, Saurabh Agarwal, Sandhya Patel, YPO and a clutch of prominent angel investors from YPO. Funds will be utilized to launch its marketplace and exchange for fractionalizing blue-chip NFTs for retail investors.

Guava Announces Funding Round of $2.4 Million – BROOKLYN, N.Y., July 26, 2022 /PRNewswire/ — Guava, the premier banking and networking platform for Black entrepreneurs, creators and small business owners, announced today it has closed a funding round of $2.4 million. The round was led by Heron Rock with participation from Ruthless for Good Fund, Precursor Ventures, Backstage Capital, along with notable angel investors Lexi Reese and Ed Zimmerman.

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