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NEW YORK, Oct. 13, 2020 /PRNewswire/ — Grata, the search engine for discovering small to middle market private companies, today announced it has secured $3.2 million in Seed funding to further its mission in helping business professionals discover companies instantly, facilitating business development across industries. The financing round was led by Bling Capital with participation from Accomplice and Alumni Ventures Group, along with former executives from Goldman Sachs, American Express, and Citi, and other advisors.
Since launching in 2016, Harvard classmates Andrew Bocskocsky and Nevin Raj bootstrapped Grata to well over 100 customers. To date, business development professionals across private equity, investment banking, and recruiting have transacted over $1B with companies they’ve found through Grata. The company will use the new capital to scale its proprietary search engine technology, accelerate product development, and grow its engineering and sales functions, including doubling its employee count in the U.S.
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IRVINE, Calif., Oct. 8, 2020 /PRNewswire/ — Hyperice, the industry leader in recovery technology and pioneer of percussion, vibration, dynamic air compression and thermal technology, has closed a new investment round that will fuel new growth including, increasing AI capabilities, strategic growth initiatives such as global expansion, and building on their connected fitness technology, HyperSmart™. This strategic capital will help the company meet the exploding consumer and enterprise demand for its products and position it for the future offering personalized information for all users, cementing and expanding Hyperice’s category leadership.
As part of this financing, Hyperice brings in a group of the most influential and highest performing athletes in sports. The athlete investors include: Seth Curry, Anthony Davis, Rickie Fowler, DeAndre Jordan, Jarvis Landry, Patrick Mahomes, Christian McCaffrey, Ja Morant, Naomi Osaka, Chris Paul, Doc Rivers, Ben Simmons, Kelly Slater, Fernando Tatís Jr, J.J. Watt, Russell Westbrook, and Trae
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COLORADO SPRINGS, Colo., Oct. 7, 2020 /PRNewswire/ — Quantum Metric, a SaaS platform that helps organizations build better digital products faster, today announced it has secured up to $25 million of debt capital from Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors. With its initial Series A round led by Insight Partners in 2018 and the closing of this facility, Quantum Metric has raised $50 million in capital over the span of 24 months.
The pandemic has altered the investment landscape, slashing the number of VC rounds in the U.S. this year by 44 percent. In its latest capital raise, Quantum Metric leveraged its strong balance sheet, in combination with its competitive market position as the global leader in Continuous Product Design (CPD), to drive the strategic decision to choose debt financing over equity to grow its fast-moving business. The new