The Capitalization Report (AI) v20.03.02


KEYWORD FOR AI REPORT: DocuSign, Seal Software, Toba Capital, Pony.ai, Qure.ai, LinkSquares, L1ight, Revl, Teikametrics,

  • DocuSign will acquire Seal Software, a developer of AI-driven contract analytics services, for $188 million. Seal Software had raised approximately $58 million in funding from investors including Toba Capital.
  • K Health, an NYC- and Tel Aviv, Israel-based AI-powered telemedicine company, closed a $48m series C funding.
  • Pony.ai, a Fremont, Calif.-based autonomous driving startup, raised $462 million at a $3 billion valuation. Toyota led the round.
  • Qure.ai, a San Francisco-based healthcare AI startup, raised $16 million in funding. Sequoia India led the round, and was joined by investors including MassMutual Ventures Southeast Asia.
  • LinkSquares, a Boston-based provider of an AI-powered SaaS contract management and analysis tool, raised $14.5 million in Series A funding. Jump Capital led the round, and was joined by investors including First Ascent Ventures and existing investors MassMutual Ventures and Hyperplane Venture Capital.
  • Tractable, a London, UK-based technology company developing AI for accident and disaster recovery, raised $25m in Series C funding.
  •  L1ght, an Israel-based anti-toxicity startup using AI to detect and filter harmful online content to protect children, raised $15 million in seed funding. Mangrove Capital Partners and Tribeca Venture Partners co-led the round, and were joined by investors including Western Technology Investment.
  • Revl, a San Francisco-based camera and AI-powered video editing company, raised $5.5 million in Series A funding. Nimble Ventures led the round, and was joined by investors including  Tuesday Capital, Silicon Valley Data Capital and Luma Pictures. 
  • Teikametrics, a Boston-based SaaS provider of AI-powered optimization for brands and sellers on Amazon and Walmart, raised $15 million in funding. Jump Capital led the round, and was joined by investors including Granite Point Capital, Jerry Hausman, and Ed Baker.
  • Arize AI, a Berkeley, Calif.-based company built to solve production AI issues for businesses, raised $4 million in funding. Foundation Capital led the round, and was joined by investors including Trinity Ventures and Brett Wilson. 
  • Aiseraa Palo Alto, Calif.-based AI-driven platform to automate workflow, raised $20M in Series B funding. Norwest Venture Partners led the round, and was joined by investors including Menlo Ventures, True Ventures, Khosla Ventures, First Round Capital, Ram Shriram, and Maynard Webb Investments.

Investor Network by JD

CONCEPT: Do, Doing, Done Journal


Although the Journal was fun, it was time-consuming.

TODAY (DOING)

  • Follow up, Follow up, Follow up

FUTURE (DO)

  • Networking (see below for locations)
  • Raising money for Fund of Funds

Setting up one-on-one meetings (Meet JD before or after an event)

  • Tuesday, March 17th near great Irish Bar in New York City (or 5th Annual Family Office Fintech Summit)
  • Thursday, March 26th near The Hills Penthouse, 8560 Sunset Blvd, West Hollywood, CA 90069 (can bring one accredited investor to Forbes Council event)
  • Other Dates TBA

PAST CALENDAR (DONE)

Wednesday, February 26, 2020 (20.02.26)

  • Breakfast with an accredited investor
  • Lunch with some amazing investors (Good Carta stories)
  • Meeting with Morgan Stanely Private Wealth
  • Meeting at JP Morgan Chase Private Wealth (Peter you are amazing)
  • Boston Private networking event (Good people)

Tuesday, February 25, 2020

  • GoGhost strategy meeting
  • Meeting with investment bankers to raise capital
  • Lunch at Duke’s in La Jolla (fun)
  • Plan for a trip to San Franciso Wednesday

Monday, February 24, 2020 (20.02.24)

  • Contacted SRI friend
  • Visited McLaren for alternative VR/AR strategy
  • Boating in Newport Beach

Continue reading “CONCEPT: Do, Doing, Done Journal”

BETA: The Capitalization Report v20.02.26 SaaS


KEYWORDS: SaaS, LinkSquares, Teikametrics, Whatfix, Envisage Technologies, Talage, SimScale, Oxx, The Polaris Growth Fund, TransACT Communications, Jump Capital, WorkLife Ventures, Union Square Ventures, Craft Ventures, Sequoia Capital India, Eight Roads Ventures,

RECENTLY FUNDED SAAS DEALS

  • LinkSquares, a Boston, MA-based provider a comprehensive AI-powered SaaS contract management and analysis tool, raised $14.5m in Series A financing led by Jump Capital.
  • Pipe, a Los Angeles-based financing platform for SaaS companies, raised $6 million in seed funding. Craft Ventures led the round and was joined by investors including Fika Ventures, MaC Ventures, Naval Ravikant, WorkLife Ventures, Liquid2, and The Weekend Fund. 
  • Teikametrics, a Boston, MA-based SaaS provider of AI-powered optimization for brands and sellers on Amazon and Walmart, closed a $15m strategic funding.
  • Whatfix, a San Jose, Calif.-based SaaS platform for digital adoption, raised $32 million in Series C funding. Sequoia Capital India led the round and was joined by investors including Eight Roads Ventures, F-Prime Capital, and Cisco Investments.
  • Envisage Technologies, a Bloomington, Indiana-based SaaS provider of public safety training and compliance management systems, received a growth equity investment from Norwest Venture Partners.
  • Talage, a Reno, Nevada-based SaaS-based digital insurance platform, raised $5 million in Series A funding. Merus Capital led the round, and was joined by investors including Calibrate Ventures, WTI and Hallador Investment Advisors.
  • Huntress, a Ellicott City, Md.-based SaaS managed detection and response (MDR) provider for managed service providers (MSPs) and value-added resellers (VARs), raised $18m in Series A funding.
  • Rimilia, a U.K.-based SaaS-based fintech company, raised $15 million in funding. Investors include Eight Roads Ventures, Kennet Partners, and Silicon Valley Bank.
  • TransparentBusiness, a NYC-based provider of a SaaS people management platform, completed its second round of financing.
  • Attentive, a personalized mobile messaging SaaS platform for brands, raised $70 million in Series C funding. Sequoia and IVP co-led the round, and were joined by investors including Eniac Ventures and NextView Ventures.
  • SimScale, a Germany-based provider of a SaaS application for engineering simulation, today raised €27 million ($29.8 million) in Series C funding. Insight Partners led the round, and was joined by investors including Earlybird, Union Square Ventures, June Fund, Vito Ventures, Bayern Kapital, and High-Tech Gründerfonds. 
  • Powell Software, a digital workplace and intranet SaaS software provider, raised $16 million in funding. Level Equity and Cap Horn co-led the round.

OTHER SAAS DEAL NEWS

  • Oxx, a London, UK, and Stockholm, Sweden-based focused B2B software investor, raised $133m to back Europe’s most promising SaaS companies from series A and beyond
  • The Polaris Growth Fund made an investment in TransACT Communications, a Lynwood, Wash-based SaaS provider of engagement, compliance and payment solutions for the education market. Financial terms weren’t disclosed.

SAAS DEAL PRESS RELEASE

LinkSquares Secures $14.5 Million in New Financing Led by Jump Capital

Best-in-class AI-powered contract management tool will accelerate new functionality for in-house legal

BOSTON–(BUSINESS WIRE)–LinkSquares, provider of the fastest and most comprehensive AI-powered SaaS contract management and analysis tool, today announced it has raised $14.5 million in Series A financing led by Jump Capital. New investor First Ascent Ventures and existing investors MassMutual Ventures and Hyperplane Venture Capital also participated in the round. The company has raised $21.4 million to date, and will use the financing to expand its engineering, sales and product teams, as well as build out its solution portfolio.

Read the full press release:

https://www.businesswire.com/news/home/20200226005444/en/LinkSquares-Secures-14.5-Million-New-Financing-Led

Continue reading “BETA: The Capitalization Report v20.02.26 SaaS”

Networking this week in San Francisco & normal places


Meeting accredited investors (Family Office, HNWI, UHNWI, Self-Direct IRAs, and other great people).  in Los Angles, Newport Beach, San Diego, and San Francisco.  Thinking of  Cabo San Lucas, Mexico over the weekend!

Location subject to change (i.e. investors for our fund of funds first at any location)

Monday: Newport Beach, LA, San Diego, and/or ???

Tuesday: Networking in San Diego and/or San Francisco

Wednesday: San Francisco (100%)

Thursday: LA, San Francisco, San Deigo

Friday: LA, San Francisco, San Deigo, Cabo San Lucas, and/or ???

Saturday: LA, San Francisco, San Deigo, Cabo San Lucas, and/or ???

Sunday: LA, San Francisco, San Deigo, Cabo San Lucas, and/or ???

Possible meeting places:

InterContinental Hotels Mark Hopkins, San Francisco, CA
The Resort at Pelican Hills, Newport Coast, CA
Monatage Beverly Hills, Beverly Hills, CA
La Costa Resort and Spa, Carlsbad, CA 92009

Investor Network by JD

CONCEPT: Coke Brother for Capital (David & David)


enjoy-capitalism

I just got off the phone with my evil twin, David Morris!

GROUPS QUOTE:

  1. “Unus pro omnibus, omnes pro uno” is a Latin phrase that means “One for all, all for one” in English
  2. “We must live together as brothers or perish together as fools.” ― Martin Luther King Jr.
  3. “I believe in the brotherhood of all men, but I don’t believe in wasting brotherhood on anyone who doesn’t want to practice it with me. Brotherhood is a two-way street.” – Malcolm X
  4. Others TBA

GROUPS NAME

  1. Coke Brothers
  2. Bubble Brothers (British for Champaign)
  3. Others TBA

OUR BOAT

  1. 100 foot plus motor yacht
  2. 100 foot plus sailboat
  3. Other ideas like renting for events

Mirabella V is the largest single-masted yacht in the world! It has it own sea plane!

Mirabella V is the largest single-masted yacht in the world

 

 

 

 

Who is JDM or who should JDM be? #weekendfun


enjoy-capitalism

First, JDM’s motto is “provocative statements that intelligent people argue about for fun!”

I recently blew that opportunity at an event hosted by Ivan at the Jonathan Club.  Therefore, I am going to provide several ideas for future reference.

Provocative statements about JDM?

BALLER:  JDM has a group of amazing friends and their friends are titans of industry and of capitalism.

HUMBLE: JDM is really nobody, but I have amazing friends and their friends are extremely interesting and amazing!

BIG EGO:  JDM is trying to return to becoming an international playboy and enjoys doing moonshot and EBITDA deals.

PLAYBOY: JDM is trying to bring back the good things in life such as the two martini lunch.

More to Come (or not)

JDM’s

 

BETA The Capitalization Report v20.02.20


KEYWORDS: TA Associates, Platinum Equity, Pamlico Capital, ForgePoint Capital, Align Capital Partners, Grove Ventures, Praetura Ventures, Thompson Street Capital Partners, Platinum Equity, Gainline Capital Partners

NEW FUNDS

  • Pamlico Capital, a Charlotte, NC-based lower middle-market private equity firm focused on growth-oriented businesses, closed a new fund, at $1.4 billion
  • ForgePoint Capital, a San Mateo, CA-based venture capital firm focused on cybersecurity, closed its second fund, at $450m
  • Align Capital Partners, a Dallas, TX and Cleveland, OH-based private equity firm, closed its second private equity investment fund, at $450m
  • Grove Ventures, a Tel Aviv, Israel-based early-stage deep tech-focused venture capital firm, closed Grove Ventures II, at $120m
  • A/O PropTech, a London, UK-based venture capital and private equity firm focused on proptech, has launched with €250m
  • Praetura Ventures, a Manchester, UK-based investor that backs early-stage businesses in high-value sectors, closed its second EIS fund, at £7m
  • OTHER FUNDS: Atomico, Da Vinci Capital Technology Fund III, Equal Ventures Fund I, Marcy Venture Partners Fund, and others upon request to our editor’s team at JD@investornetworkbyJD.com

Platium Equity

OTHER DEALS CLOSED

  • Platinum Equity acquired Biscuit International, a Paris-based manufacturer of private label sweet biscuits. Financial terms weren’t disclosed. (See press lease below)
  • Thompson Street Capital Partners will acquire Len the Plumber, a Boothwyn, Penn.-based full-service residential plumbing contractor.
  • EQT Partners and OMERS agreed to acquire Deutsche Glasfaser, a German broadband provider, from KKR. Financial terms weren’t disclosed.
  • Boxwood Merger Corp. (Nasdaq: BWMC), a publicly-traded special purpose acquisition company, acquired Atlas Intermediate Holdings, professional testing, inspection, engineering, program management and consulting services provider, from Bernhard Capital Partners for approximately $617 million.
  • Flywire acquired Simplee, a Palo Alto, Calif.-based healthcare payments technology platform. Financial terms weren’t disclosed. Simplee had raised approximately $37.8 million in venture funding from investors including Social Capital and Heritage Group. 
  • TA Associates acquired Auction Technology Group, a London-based online platform for auctions in Europe and the United States, from ECI Partners. It also acquired Proxibid, an Omaha, Neb.-based online marketplace, from Primus Capital. The companies will be brought under the ATG umbrella. Financial terms weren’t disclosed
  • IQ-EQ acquired Blue River Partners, a Dallas, Texas-based provider of outsourced solutions to alternative asset managers. Financial terms weren’t disclosed.

Continue reading “BETA The Capitalization Report v20.02.20”