Raise Report: Freshly, Rinse, Kinetica Secure New Funding
Every two weeks, we round up some of the biggest fundraises taking place in hyperlocal marketing, commerce, and tech.
Monday, June 19: Freshly Secures $77 Million for Meal-Kit Service
Nestle led the Series C round, Fortune reported. Freshly will put the funds toward expanding its service across the United States. The company brands itself as an efficient and healthy alternative to buying frozen food or trekking out to a local eatery.
Wednesday, June 21: Growbots Closes $2.5 Million to Help Sales Teams Chase the Best Leads
Buran VC, Lighter Capital, and others provided the funding, TechCrunch reported. The company uses AI to help sales people target the best possible leads and claims that it can save its users a few days of work per month. Growbots will use the funding to more than double its staff to almost 50 members.
Wednesday, June 21: Rinse Locks Down $14 Million to Pick Up Your Laundry
Partech Ventures led the Series B round, The Chicago Tribune reported. With the funding, Rinse will expand to several metropolises across the U.S. As its name suggests, the Uber-for-X company picks up laundry and brings it to a local dry cleaner.
Wednesday, June 21: Sense Takes in $10 Million to Streamline Contractor Communication
Accel, GV, and Khosla Ventures participated in the round, VentureBeat reported. Sense makes software that helps contractors and the businesses that employ them — a model increasingly common in the tech-powered gig economy — better communicate. The company will put this fresh capital toward expanding its staff and improving its service.
Wednesday, June 21: Samsara Raises $40 Million to Modernize the Shipping Industry
General Catalyst led the round, TechCrunch reported. Samsara offers technology that could allow an enterprise to monitor the condition of its trucks — where they are, whether the temperature of the truck is safe to carry the product, etc. — remotely, a move that will likely become more relevant as self-driving technology becomes commonplace.
Friday, June 23: Kepyr Rakes in $19 Million to Bring Hotels into 2017
Karlani Capital led the Series A round, Skift reported. Kepyr digitizes certain hotel operations — such as ordering room service or getting into rooms via mobile phone — that should help hotels appeal to mobile-native consumers turning away from the conventional industry for disruptive digital services such as Airbnb. Kepyr will use the funding to scale up and increase hiring.
Thursday, June 29: Kinetica Scores $50 Million to Power Businesses with GPU-Equipped Databases
Canvas Ventures and Meritech Capital Partners led the Series A round, Fortune reported. Businesses can harness Kinetica’s data-crunching potential to devise and execute effective strategies in real time.
Joseph Zappa is Street Fight’s news editor.
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