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Welcome to The Capital Report by JD

“The Capital Report by JD” origins began more than 50 years ago in Washington, DC with a group of like-minded investors after World War II.  Sharing information about deals and funds was our goal 50 plus years ago and it is today.  We will publish weekly a repot with deals that were funded of interest to us and recently funded funds.  Our SPEs are investing in Fintech and Venture Capital Funds currently.

I am your host and chief editor, JD Morris, of “The Capital Report.”  We welcome you to summit articles or request us to interview you.  The Capital Report submits many of our interviews and articles to other organizations for publication like Forbes.

Happy Networking and Investing,

JD Morris

JD Morris

Host & Editor of The Capital Report

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

This Blog Post updated October 21, 2019 (19-10-21)

The Capital Report v19.11.12

 

Keywords: Saas, Coveo, OMERS Growth Equity, Workiz, SaaSOptics, BetterCloud, LoudCrowd,  Zylo, Very Good Security, Replenium, DoubleVerify, AutoVitals, Qualifacts, CoreView, Onshape, Relatient, Everseat, Jackson Square Ventures, Software as services, Capital Report

NOTE FROM EDITOR

We are looking to interview Saas executives for a Forbes article.  We have highlighted recently funded Saas deals in this report as well as exits.

THE CAPITAL REPORT BY JD

  1. Coveo, a provider of AI SaaS enterprise solutions, secured a further $227m in funding
  2. Workiz, a San Diego, CA-based SaaS platform for field service management, raised $5m in Series A funding
  3. BetterCloud, a New York City-based SaaS Operations Management (SaaSOps) platform, received a $5M investment from Dropbox (NASDAQ: DBX)
  4. Zylo, an Indianapolis-based SaaS Management company, completed a $22.5m Series B funding round
  5. Very Good Security, a San Francisco, CA-based SaaS infrastructure platform for data security, compliance, and privacy, raised $35m in Series B funding
  6. Replenium, Inc., a Seattle, WA-based SaaS platform for automated replenishment, product subscription and predictive ordering, raised an $8m Series A funding round
  7. DoubleVerify, a NYC-based platform for digital media measurement and analytics, acquired Ad-Juster, a SaaS-based reporting and analytics platform for digital publishers
  8. LoudCrowd, Inc., an Austin, TX-based SaaS marketing platform that enables brands to leverage word-of-mouth marketing at scale, closed a $515k pre-seed round of funding
  9. AutoVitals, a Goleta, CA-based provider of SaaS solutions to automotive repair and maintenance shops, received a growth investment from Tritium Partners
  10. SaaSOptics, an Atlanta, GA-based subscription management platform designed for emerging and growth B2B SaaS and subscription-based businesses, secured $12m in Series B funding
  11. Science Exchange, a Palo Alto, Calif.-based SaaS-enabled marketplace for outsourced research and development (R&D), raised an additional $20m in financing, from a combination of equity and debt sources
  12. Qualifacts, a Nashville, TN-based Software-as-a-Service (SaaS) electronic health record provider (EHR) for behavioral health and human service organizations, received an investment from Warburg Pincus
  13. CoreView, a Boston, MA-based intelligent SaaS Management Platform (SMP) for Office 365, acquired Alpin, a provider of a management solution for identifying and managing SaaS applications to accelerate IT operations
  14. PTC (NASDAQ: PTC), a Boston, MA-based computer software and services company is to acquired Onshape, a Cambridge, MA-based SaaS based product development platform provider, for approximately $470M
  15. Relatient, Inc., a Nashville, Tenn.-based customer-rated patient engagement SaaS company, acquired Everseat, Inc., a provider of a SaaS patient self-scheduling and waitlist software platform
  16. Jackson Square Ventures, a San Francisco, CA-based venture capital firm specializing in SaaS and Marketplace companies, closed its third fund, at $193m

REBLOG PRESS RELEASE

Coveo, a recognized industry leader in AI SaaS enterprise solutions, has secured a further $227 million in funding. The investment was led by OMERS Growth Equity based in Toronto, New York, and London, with participation from existing investors and other financial institutions including Evergreen Coast Capital, Elliott Management’s Menlo Park, California-based private equity affiliate, FSTQ, and IQ.

Read more: https://www.coveo.com/en/company/news-releases/2019/coveo-raises-$227-million-investment-round-led-by-omers

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

Short URL: http://bit.ly/2KbRIDb

The Capital Report v19.11.04

KEY WORDS

BIP Capital, Saas, Motive Partners, Jungle Ventures, Qualcomm Incorporated, Crestline Investors, Peak Ventures, TPG Sixth Street Partners, Partners HealthCare, Cascade Seed Fund, Cascade Angels Fund, Aybuben Ventures, Foresite Labs, Madison Dearborn Capital Partners , Jackson Square Ventures, The Capital Report, and Capital Report by JD

NOTE FROM EDITOR

Today The Capital Report will be list of closed funds, reblog a press release of one of those funds, as always provide a disclosure about the report such as the editor invested in one of the funds, and a list of funds announced. We will relogged the Report on other websites such as IN Destination, Red Hook Capital, and Inventor Network by JD.

HIGHLIGHT OF FUNDS

  • BIP Capital, a venture capital firm active in the Southeastern United States, closed its newest fund, at $101m
  • Motive Partners, a NYC-based investment firm focused on investing in financial services technology enabled companies, closed its inaugural fund, at more than $473m
  • Jungle Ventures, a Southeast Asian early-stage venture capital firm, closed its third fund, at $240m
  • Wireless technology company Qualcomm Incorporated (NASDAQ: QCOM) has launched a $200m 5G investment fund
  • Crestline Investors, Inc., a credit-focused institutional alternative asset manager, closed its first European Opportunity Fund, at $360M
  • Peak Ventures, a Lehi, Utah-based venture capital firm, closed its third fund, at $75m
  • TPG Sixth Street Partners, a finance and investment business with over $32 billion in assets under management, and its TSSP Capital Solutions platform, closed its first Capital Solutions fund, at approximately $2.2 billion of total third-party commitments
  • Boston, MA-based health system Partners HealthCare has launched two new investment funds
  • Bend, Ore.-based Cascade Seed Fund, which is rebranding from Cascade Angels Fund, has held an initial close on the sixth fund since 2014 at $5.4 million
  • Aybuben Ventures, a Pan-Armenian venture capital fund dedicated to Armenian tech entrepreneurs from all over the world, launched with an initial $50m fund
  • Foresite Labs, LLC, a San Francisco, Calif. and Boston, MA – based incubator of data science and healthcare companies, has officially launched

PRESS RELEASE OF A FUND

We picked BIP Capital as we are interested in Saas acquisitions and Saas moonshot deals.

ATLANTAOct. 29, 2019 /PRNewswire/ — BIP Capital, one of the most active venture capital firms in the southeastern United States, announced today the successful close of BIP Capital Venture Fund IV, surpassing its target of $100 million. Venture Fund IV will provide Series A and Series B financing for market-disrupting B2B SaaS and tech-enabled services companies focused on Enterprise SaaS, Healthcare IT, Digital Media, Dev Tools, and MarTech.

Read more: https://www.prnewswire.com/news-releases/bip-capital-successfully-closes-venture-fund-iv-with-101-million-300945929.html

DISCLAIMER

All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.  Our partner companies many explore investing in some of the listed funds.

DATA ON NEW FUNDS

Below is a list of funds that have been announced. Our pick of the month is private equity Madison Dearborn Capital Partners VIII and Venture Capital Jackson Square Ventures III.

Continue reading “The Capital Report v19.11.04”

The Capital Report v19.44

“The Capital Report” by JD is an overview of companies announcements JD Morris found of interest.   We provide an overview of deals then provide a highlight of one of the deals.  See Disclaimer below and we try to provide a link to compan’s website so that you might find the press release.

THE CAPITAL REPORT v19.44

  • Tonkean, an Israel-based robotic automation and management platform for business operations, raised $7.2 million in seed funding.  Foundation Capital led the round, and was joined by investors including Magma Venture Partners and Slow Ventures. (see below for more)
  • Greensill, a London, United Kingdom — based non-bank provider of working capital finance for companies globally, received a $655m follow-on investment from the SoftBank Vision Fund.
  • Picus Security, a San Francisco-based cybersecurity firm, raised $5 million in Series A funding.  Earlybird led the round.
  • Grain Technology, San Fransico, CA – based AI platform that transform your existing debit card into a “crebit” card by incorporating revolving credit into your checking account is raising month through a “SAFE.” Plug and Play SPV, A Red Hook Capital SPV, and others have invested in the “SAFE.”
  • Weave, a Lehi, Utah-based developer of patient communications software focused on the dental and optometry market, raised $70 million in Series D funding at a valuation of $970 million.  Tiger Global Management led the round, and was joined by investors including Catalyst Investors, Bessemer Venture Partners, Crosslink Capital, Pelion Venture Partners and LeadEdge Capital.
  • EnsureDR, a Los Angeles-based disaster recovery readiness platform, raised $2.5 million in Series A funding.  Awz Ventures led the round.
  • Sprout Social, a Chicago-based platform focused on social media for businesses, filed to raise $100 million in an IPO. It posted revenue of $78.8 million in 2018 and loss of $20.8 million. Goldman Sachs (35.5% pre-offering), NEA (30.9%), and Lightbank (21%) back the firm.  It plans to list on the Nasdaq as “SPT.”
  • Carlyle Group, a Washington D.C.-based investment firm, raised 6.4 billion euros ($7.1 billion) for its fifth European buyout fund, according to Bloomberg.
  • Pollen (f.k.a Verve), an invite-only marketplace using influencer marketing for experiences and events, raised $60 million in funding. Northzone led the round, and was joined by investors including Sienna Capital, Draper Esprit, Backed and Kindred.

THE CAPITAL REPORT HIGHLIGHT

JUPITER, Fla.Oct. 29, 2019 /PRNewswire/ — New robotic arm technology at Jupiter Medical Center is designed to help orthopedic surgery patients undergoing a total knee replacement recover faster and experience less pain.

Dr. Vincent A. Fowble of Palm Beach Orthopedic Institute performed the hospital’s first total knee replacement surgery using the MAKO Robotic-Arm Assisted Technology in mid-October. Dr. Fowble’s patient, a 57-year-old woman, is the first Jupiter Medical Center patient to receive a knee replacement utilizing the new technology.

Read mor: https://www.prnewswire.com/news-releases/robotic-arm-total-knee-replacement-a-first-at-jupiter-medical-center-300947098.html

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.

 

The Capital Report v19.43

“The Capital Report” by JD is an overview of companies announcements JD Morris found of interest.   We provide an overview of deals then provide a highlight of one of the deals.  See Disclaimer below and we try to provide a link to compan’s website so that you might find the press release.

CAPITAL REPORT v19.10.22

  • Upstream Security, a California and Israel-based provider of cybersecurity for connected vehicles, raised $30 million in Series B funding. Renault Venture Capital led the round and was joined by investors including Group Venture Capital, Hyundai, Hyundai AutoEver, Nationwide Ventures, Charles River Ventures, Glilot Capital and Maniv Mobility.
  • Arlington Capital Partners agreed to buy a majority of AEgis Technologies, a Huntsville, Ala.-based provider of advanced engineering and technology expertise to customers in the National Security community.
  • Speechmatics, a London-based speech recognition technology engine, raised 6.35 million pounds ($8.25 million) in Series A funding. AlbionVC led the round, and was joined by investors including IQ Capital.
  • Verady, an Atlanta-based cryptocurrency accounting and audit platform, raised funding of an undisclosed amount. TTV Capital led the round, and was joined by investors including Fenbushi Capital.
  • Invoca, a Santa Barbara, Calif.-based AI-powered call tracking and conversational analytics company, raised $56 million in funding. Upfront Ventures led the round, and was joined by investors including H.I.G. Growth Partners, Accel and Morgan Stanley Alternative Investment Partners.
  • Gallant Capital Partners, a Los Angeles, Calif.-based private equity firm, raised $162.5 million for its debut fund, according to an SEC filing. The target is $300 million.
  • Cashforce, an Antwerp-based fintech startup forecasting cash and working capital for customers, has raised 5 million euros ($5.5 million) in Series A funding. INKEF Capital and Citi Ventures led the round.
  • Cashforce, an Antwerp-based fintech startup forecasting cash and working capital for customers, has raised 5 million euros ($5.5 million) in Series A funding. INKEF Capital and Citi Ventures led the round.
  • RTW Venture Fund Ltd plans to raise USD350 million through an initial public offering on the Specialist Fund segment of the London Main Market.

THE CAPITAL REPORT HIGHLIGHT

RTW Venture Fund currently has a portfolio of six seed assets totalling USD54.6 million in value as at Wednesday last week, with two further near-term investment opportunities identified.

In addition, the fund had a net asset value of USD145.5 million, as at last Wednesday, following a recent private placement with 92 investors, which raised USD118 million.

Read more: https://www.morningstar.co.uk/uk/news/AN_1571046868134921000/rtw-venture-fund-plans-usd350-million-ipo-on-london-main-market.aspx

KEYWORDS

New Fund, RTW Venture Fund Ltd, cybersecurity, Upsteam Security, Defense, Arlington Capital, speech recognition, Speechmatics, cryptocurrency, Verady, Invoca, Venture Capital Fund, Gallant Capital Partners

DISCLAIMER: All deal information for our Pipeline Reports are provided by 3rd party websites such as Associated Press, Bloomberg, Business Wire, Crunchbase, Forbes, Fortune, Reuters, Wall Street Journal (WSJ), and other sources. We advise that you check with the company website for a press release or other direct sources that are in our reports as we do not update our posting and use third-party resources to source our news.