Stay safe and look forward to reaching the light at the end of the tunnel.
Happy Networking and Investing,
JDM & Team
Stay safe and look forward to reaching the light at the end of the tunnel.
Happy Networking and Investing,
JDM & Team
There has been $3.5 billion capital invested in Business/Productivity software durnig January 2021. 283 deals with pre-money valuaiton for $8.87 million.
|Plume (Business/Productivity Software)||422.83|
BOTTOMLINE: Referrals for $3 million plus (we got $25 million EBITDA deal) and new sources of co-investing capital are welcome.
2020 INVESTMENTS HIT NEW ANNUAL RECORD DESPITE THE PANDEMIC
US-based, VC-backed companies raise nearly $130B in 2020, up 14% year-over-year (YoY) from 2019, despite the impacts of Covid-19 around the world. However, annual deal activity is down YoY, falling to 6,022 deals, a 9% decline from 6,599 in 2019.
NUMBER OF MEGA-ROUNDS HITS NEW RECORD IN 2020
The number of quarterly mega-rounds hits a new high for the third consecutive quarter as 99 US-based companies raise rounds of $100M+ in Q4’20, bringing the total number of mega-rounds for 2020 to 318.
NEARLY HALF OF TOTAL FUNDING COME FROM MEGA-ROUNDS IN 2020
Mega-round deal share is roughly half of total funding in 2020 at 49%, up from 44% in 2019.
Jnauary saw 46 deals for total capital investment of $677+ million for application software VC deals.
The goal of this posting is to share deal flow, co-invest, and share resources with accredited investors and other capital sources for the highest good of creating wealth and more!
KEYWORDS: application software, Didi Chuxing Technology, Baibu, Wayz, QinBaoBao, Minna Technologies, Flink Food, ShotTracker, Chlngers
NAME / RAISED TO DATE
|Didi Chuxing Technology||23,741.42|
|Fast (Application Software)||124.50|
|Meep (Application Software)||7.83|
|BigChange||Developer of a mobile resource management application designed to link back office, mobile workers and customers in perfect harmony. The company’s application offers organizations to manage, track and schedule their mobile workforces and mobile operations with end to end technology, enabling clients to dramatically improve workforce productivity and drive revenues and profitability.|
|Felyx||Developer of a ride-sharing electric scooter application designed to combat problems with urban mobility, and fossil fuel emissions. The company’s application offers the ability to rent e-scooters per minute and get around urban areas quickly, efficiently and without the stress of traffic or public transportation, enabling users to enjoy a comfortable, hassle and traffic-free ride at an affordable price.|
|Wu Yu Lian Meng||Developer of a lifestyle and ecommerce platform. The company’s app integrates retail shopping, transportation, food, and all other activities into one app that provides discounts to users shopping both via online and through brick & mortar stores to increase traffic for businesses while saving money for app users.|
|MeiHuan||Developer of earthquake early warning systems in China. The company is mainly engaged in developing earthquake early warning systems using earthquake science and the technology of monitoring systems to alert devices and people when shaking waves generated by an earthquake, providing users with reliable earthquake warning signal.|
|PowerBand Solutions (TSX: PBX)||PowerBand Solutions Inc is a technology provider. It has developed a powerful suite of cloud-based Auction and Finance Portal software tools that deliver increased sales, efficiencies and profitability to its customers. The company provides various solutions such as LiveNet, Marketplace Auction, Dynamic Appraisal, and Market Intelligence. The LiveNet Auction Portal allows Dealers to create an instant, online auction that launches a used vehicle to a vast network of the industry’s top used vehicle buyers. Appraisal System is customizable to meet the respective compliance requirements. Marketplace Auction allows dealers, dealer groups, rental, and leasing companies to load a used vehicle on the site, and Market Intelligence provides automotive dealerships with retail market price valuations.|
|Ubamarket||Developer of a retail application designed to help customers shop in an organized manner in supermarkets. The company’s retailing application has a pre-specified space for users to type in their shopping list and enter the supermarket of their choice which is followed by a scanning process and the items will be rearranged into the order the items are displayed in the store, enabling shoppers to avoid long queues and shop comfortably without having to find the items abruptly in stores.|
|BPro||Developer of an on-premise and cloud-based election software intended for statewide and local elections. The company’s software supports all methods of online and offline voter registration and list maintenance, election management, campaign finance, election night reporting and the myriad of interfaces necessary to conduct accurate, efficient elections in the modern, mobile information environment to states and localities across the United States.|
|Git-Tower.com||Developer of Git-based software in Stuttgart, Germany. The company specializes in offering a Git-based software platform with the intent to make Git’s powerful feature set accessible to developers, designers, and non-technical people.|
|HearX Group||Provider of mobile health services intended to facilitate clinical smartphone hearing test products. The company’s services include mobile applications for audiometry tests, hearing screening tests, hearing tests, vision tests as well as other products like a diagnostic otoscope, hearing loss self-test kiosk and cloud-based health data management platform, enabling patients to get affordable access to hearing care.|
|Savings.com||Operator of a website that offers coupons and promotional savings. The company serves the web shopping needs of its clients by helping them in searching discount coupons, deals and other savings opportunities offered by retailers and brands.|
Our research show for FinTech VC deal activity 210 deals with total capitl investment of $4.56 billion USD done in January.
KEYWORDS: Fintech, Venture Capital, SoFi, LendInvest, Nubank, Checkout.com, Blend, CRED, Melio, Curve, Mambu, Mynt, Albert
GOAL: The goal of this report is for people to connect with JD Morris to speak about co-investing. The people should be accredited investors, funds, and other sources of capital.
LIST OF DEALS
|CRED (Financial Software)||Series C|
|Melio (Financial Software)||Series C2|
|Albert (Financial Software)||Series C|
TOP KEYWORDS: PPRO Financial, Enfusion, LendingPoint, Hut 8 Mining, Trumid, Voyager Digital, Diginex, Bitfarms, Argo Blockchain
DATA DUMP (More data avaliable for people that can co-invest)
|PPRO Financial||The company received $180 million of development capital from Sprints Capital, Eurazeo and Wellington Management on January 19, 2021. The transaction values the company at over $1 billion.|
|Enfusion||The company received $150 million of development capital from ICONIQ Capital on January 11, 2021. The transaction values the company at $1.5 billion.|
|LendingPoint||The company received $125 million of development capital from Warburg Pincus on January 14, 2021. The investment will help the company expand its financing features for e-commerce, point of sale and financial institution partners. The company also plans to make improvements to its data and technology platform.|
|Hut 8 Mining (TSE: HUT)||The company (TSE:HUT) received CAD 77.5 million of development capital from undisclosed investors on January 13, 2021 through a private placement. The net proceeds of the private placement will be used by the Company for working capital and general corporate purposes, including, without limitation, infrastructure expansion, equipment purchases and repayment of debt.|
|Trumid||The company received $50 million of development capital from Dragoneer Investment Group and DST Global on January 13, 2021. Proceeds will be used to repurchase shares from existing shareholders.|
|Voyager Digital (CNQ: VYGR)||The company (CNQ: VYGR) received $46 million of development capital from undisclosed investors on January 21, 2021 through a private placement. The Company intends to use the net proceeds from the Offering for general corporate purposes.|
|Diginex||The company (NAS: EQOS) received $38.6 million of development capital from undisclosed investors through a private placement on January 21, 2021. The company intends to use the net proceeds from the offering for working capital and general corporate purposes. Previously, the company acquired 8i Enterprises Acquisition (NASDAQ: JFK) through a reverse merger, resulting in the combined entity listed on the NASDAQ stock exchange under EQOS ticker symbol on October 1, 2020.|
|Bitfarms (TSX: BITF)||The company (TSX:BITF) received CAD 40 million of development capital from undisclosed investors on January 7, 2021 through a private placement. The company received CAD 20 million on January 7, 2021 and CAD 20 million on January 14, 2021. The net proceeds of the private placement will be used by the company principally to acquire additional miners, expand infrastructure, and improve its working capital position.|
|Argo Blockchain (LON: ARB)||The company (LON:ARB) received GBP 22.4 million of development capital from undisclosed investors on January 18, 2021 through a private placement. The proceeds will be used for working capital and general corporate purposes.|
|Digit Insurance||The company received INR 1.35 billion of development capital from Faering Capital, TVS Capital and A91 Partners on January 14, 2021. The transaction values the company at INR 135 billion.|
|FansUnite (CNQ: FANS)||The company (CNQ: FANS) received CAD 13.4 million of development capital from undisclosed investors on January 11, 2021 through a private placement. The net proceeds raised under the offering will be used for working capital and general corporate purposes. Previously, the company (CNQ: FANS) received CAD 5.01 million of development capital from undisclosed investors on July 31, 2020, through a private placement.|
|Cypherpunk Holdings (CNQ: HODL)||The company (CNQ:HODL) received CAD 2.98 million of development capital from undisclosed investors on January 15, 2021 through a private placement. The Company intends to use the net proceeds from the Offering to make potential follow-on investments in certain of its current portfolio companies, invest in new private companies in the blockchain and privacy sector, as well as increase its holdings in select cryptocurrencies.|
|Ease2pay (AMS: EAS2P)||The company (AMS: EAS2P) received EUR 1.3 million of development capital from The Internet of Cars, Arkelhave Capital and Cross Options International XI on January 6, 2021 through a private placement. The company intends to use the proceed of the placement to support debt reduction and growth acceleration by expanding the Company’s partner network and market coverage and fund general corporate purposes and working capital need.|
|Skyledger Tech (CNQ: SKYL)||The company (CNQ: SKYL) is in talks to receive CAD 11 million of development capital from undisclosed investors through a private placement as of October 15, 2020. The proceeds from the sale of the Subscription Receipts will be held in escrow pending completion of the transaction. Following the completion of the transaction, the funds are expected to be used for exploration and related expenditures on the Yukon properties to be acquired, and for working capital purposes. Previously, the company (CNQ: SKYL) received CAD 1.63 million of development capital from undisclosed investors through a private placement as of January 20, 2021. The company is being actively tracked by PitchBook.|
|Blockchain Foundry (CNQ: BCFN)||The company (CNQ: BCFN) received $800,000 of development capital from undisclosed investors on January 6, 2021 through a private placement.|
|Link Global Technologies (CNQ: LNK)||The company (CNQ:LNK) received CAD 1.02 million of development capital from undisclosed investors on January 7, 2021 through a private placement. The Company intends to use the proceeds from the Offering for the commissioning of new 10-Megawatt power sites in Alberta, for marketing purposes and for general working capital.|
|Amino Payments||The company was acquired by Integral Ad Science, via its financial sponsor Vista Equity Partners, through an LBO on January 14, 2021 for an undisclosed sum.|
|AMTdirect||The company was acquired by MRI Software, via its financial sponsors GI Partners, Harvest Partners and TA Associates Management through an LBO on January 27, 2021 for an undisclosed sum.|
|Arxes-tolina||The company, a subsidiary of arxes Information Design Berlin, was acquired by Netgo, via its financial sponsor Waterland Private Equity Investments, through an LBO on January 7, 2021 for an undisclosed sum. Previously, the company was acquired by Arxes Information Design Berlin for on January 30, 2013.|
|Certent||The company was acquired by Insightsoftware, via its financial sponsors Golub Capital BDC, TA Associates Management and Genstar Capital, through an LBO on January 7, 2021 for an undisclosed sum.|
|EquityNet||The company was acquired by C9 Capital through an LBO on January 13, 2021 for an undisclosed sum.|
|FreeStar||The company received an undisclosed amount of development capital from ABRY Partners on January 6, 2021.|
|Kindful||The company was acquired by Bloomerang, via its financial sponsor JMI Equity, through an LBO on January 7, 2021 for an undisclosed sum. Previously, the company raised $3.49 million of Series A venture funding from FINTOP Capital and other investors on October 18, 2016. The funds will be used to invest in its sales and product development teams and in its integrated partner ecosystem and open API.|
|Moneythor||The company received an undisclosed amount of development capital from Navis Capital Partners on January 18, 2021.|
|ReadyPrice||The company was acquired by SitusAMC, via its financial sponsors Public Sector Pension Investment Board and Stone Point Capital, through an LBO on January 11, 2021 for an undisclosed sum.|
|Senta||The company was acquired by IRIS Software Group, via its financial sponsor Intermediate Capital Group, through an LBO on January 14, 2021 for an undisclosed sum.|
|Simplicity Collection Software||The company, a subsidiary of SeikoSoft, was acquired by Katabat, via its financial sponsors Terminus Capital Partners and Tritium Partners, through an LBO on January 5, 2021 for an undisclosed sum.|
|Timetrade SilverCloud||The company was acquired by TimeTrade, via its financial sponsor Clearhaven Partners, through an LBO on January 12, 2021 for an undisclosed sum.|
Y Combinator, 500 Startups as normal lead with 10+ investment in last 90 days. Our research tools show 47k plus deal from 26k investors resulting in 8k plus exits.
KEYWORDS: Y Combinator, 500 Startups, Plug and Play Tech Center, Coinbase Ventures, Techstars, Tiger Global Management, Accel, Enterprise Ireland, FinTech, Capitalization
|Plug and Play Tech Center||8|
|Tiger Global Management||8|
|Venture Catalysts (Mumbai)||7|
|Sequoia Capital India||6|
|Global Founders Capital||5|
In the last 90 days 700+ different organzation invested in FinTech deals with this report just showing those with great than 2 investments.Continue reading “BETA: Capitalization Report v21.01.25 FinTech”