Strategy | Financing Highlight 
Private Placement / Financing Transactions

OneSignal: The company raised an undisclosed amount of Series C venture funding in a deal led by BAM Elevate on January 31, 2023. HubSpot, Rakuten Capital, ServiceNow Ventures, SignalFire, Coelius Capital, Yes VC, Nimble Partners, Y Combinator and Zach Coelius also participated in the round. The company is a developer of customer engagement platform intended to send push notifications.

Craft: The company raised $32 million of Series B venture funding in a deal led by BAM Elevate on February 1, 2023. ServiceNow Ventures, Uncork Capital, High Alpha, Greycroft, Frederic Kerrest, Stacey Epstein, Edith Harbaugh and Point Field Partners also participated in the round. The company is a developer of a proprietary data platform designed to understand, monitor, and optimize a company’s supply chain and enterprise ecosystem.

Ziflow: The company raised $20 million of Series A venture funding in a deal led by The Riverside Company and Companyon Ventures on February 2, 2023. The company is a developer of online proofing software designed to streamline the review and approval process for creative content to deliver marketing projects faster.

Lavender: The company raised $11 million of Series A venture funding in a deal led by Norwest Venture Partners on February 2, 2023. Signia Venture Partners also participated in the round. The company is a developer of an AI based e-mail assistant designed to write sales emails in an enhanced way.

Novel: The company raised GBP 5 million of Series A venture funding from VGC Partners on January 31, 2023. The company is an operator of an audio content company intended to deliver a rich and varied slate of original shows.

Notable Live: The company raised an estimated $5.1 million in Series A venture funding from eBay Ventures, and other undisclosed investors on January 31, 2023, putting the company’s pre-money valuation at $10 million. The company is an operator of a tech-enabled engagement platform intended to create interactive video events.

Tackle Ai: The company raised $5 million of venture funding from undisclosed investors on February 2, 2023. The company is a developer of an Artificial Intelligence (AI) engine and data management software designed to help access the critical information contained in unstructured documents.

Cohere Technologies: The company raised an undisclosed amount of venture funding from BCE and ESO Fund on January 30, 2023. The company is a developer of spectrum multiplier software designed to enhance the performance of mobile and wireless networks.

NeverEnding: The company raised an undisclosed amount of venture funding from Jumpstart Ventures in February 2023. The company is a developer of avatar creation software for gaming and social media.

Survios: The company raised an undisclosed amount of venture funding from Klein Venture Partners in February 2023. The company is a developer of virtual reality games designed to facilitate immersive gaming experiences.


M&A Transactions

Immotion / LBE BIDCO: The location-based entertainment business, a subsidiary of Immotion reached a definitive agreement to be acquired by LBE BIDCO for US$ 25.2 million on February 2, 2023. The company is an operator of an entertainment business based in Los Angeles, California.

Airbit / BandLab: The company was acquired by BandLab for an undisclosed amount on February 1, 2023. The company is an operator of a global music beat marketplace technology platform intended to empower music makers.

Gatsby / Netlify: The company was acquired by Netlify for an undisclosed amount on February 1, 2023. The company is a developer of website development tools designed for professional developers building online businesses and eCommerce sites.

Kwarts / DLI Market Intelligence: The company reached a definitive agreement to be acquired by DLI Market Intelligence for an undisclosed amount on February 1, 2023. The company is a developer of a data-driven engagement platform designed to improve customer experiences.

Phoenix Labs / Undisclosed Investor: The company was acquired by undisclosed investors through an LBO on February 3, 2023. The company is an operator of a game development studio intended to provide shared gaming experiences.

Podcast Guests / Mr. Brian Scully: The company was acquired by Mr. Brian Scully for an undisclosed amount on January 30, 2023. The company is an operator of a podcast platform based in Austin, Texas.

Tipstrr / Planet Sport: The company was acquired by Planet Sport for an undisclosed amount on February 2, 2023. The company is an operator of a sports betting tip platform designed to track and improve sports betting.

Tronity / Baloise Holding: The company was acquired by Baloise Holding (SWX: BALN) for an undisclosed amount on February 1, 2023. The company is a developer of electric mobility software catering to the electric vehicle sector.

Vezbi / World Partners for Healthcare: The company reached a definitive agreement to be acquired by World Partners for Healthcare for an undisclosed amount on January 30, 2023. The company is a developer of a community-driven mobile application designed to host an interactive virtual community.


Source: Pitchbook Data, Inc.

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