Trestle, the pioneering platform for subcontractor and supplier data centralization and performance management in the construction industry, has successfully secured $2.3 million in pre-seed funding. The round was led by Lerer Hippeau, with participation from MetaProp, Laconia Capital, Alumni Ventures, The LegalTech Fund, Redbud VC, and Meridian Ventures. Trestle, founded in 2022, is designed to…
Codeium, a leading generative AI-powered coding platform, has announced the successful closure of a $150 million Series C funding round, elevating the company’s valuation to an impressive $1.25 billion. This funding round was spearheaded by General Catalyst, with continued backing from existing investors Kleiner Perkins and Greenoaks. With this new capital, Codeium solidifies its position…
Planera, a leading innovator in construction CPM scheduling and planning, has announced the successful completion of a $13.5 million Series A funding round. The round was led by Sierra Ventures, with significant contributions from Sorenson Capital, Brick and Mortar Ventures, Prudence VC, and Firebolt Ventures. This investment will accelerate Planera’s development of its advanced collaborative…
OnRamp Technology Inc., a trailblazer in automating B2B customer onboarding processes, announced a significant funding milestone with $14.2 million secured across seed and Series A rounds. Javelin Venture Partners led the Series A funding, while Contour Venture Partners led the seed round. Noteworthy investors include Pear VC, Quiet Capital, Correlation Ventures, Frontier Ventures, J Ventures,…
Tekion, a pioneer in cloud-native solutions for the automotive retail sector, has announced a significant milestone with the securing of $200 million in growth equity from Dragoneer Investment Group. This latest infusion of capital elevates Tekion’s valuation to over $4 billion, underscoring its position as a leader in transforming the traditional automotive retail landscape. Founded…
Infotech®, a pioneer in infrastructure construction software solutions, has announced its acquisition by Diversis Capital Management, LP, a prominent private equity firm specializing in software and technology-enabled services. Founded in 1977, Infotech has played a pivotal role in the infrastructure sector, notably as the contractor for AASHTOWare Project™. This acquisition marks a strategic move to…
Varicent, a leading provider of sales performance management (SPM) software, has announced a significant strategic investment aimed at accelerating its innovation in the SPM sector. The funding round, led by Warburg Pincus with participation from Great Hill Partners and Spectrum Equity, underscores Varicent’s pivotal role in transforming how businesses optimize their sales operations. Founded on…
Berlin, Germany – In a bold move towards revolutionizing how companies navigate the intricate web of carbon pricing regulations, Berlin-based startup kolum has secured €2.1 million in pre-seed funding. This significant investment, led by FoodLabs, aims to bolster kolum’s cutting-edge software solution designed to streamline compliance with the EU’s Carbon Border Adjustment Mechanism (CBAM). Introduced…
Lekko Technologies Inc., founded by former Uber engineer Konrad Niemiec, has officially launched from stealth mode, backed by a robust $4.5 million seed funding round led by Addition and LUX Capital, alongside BoxGroup, SV Angel, and Abstraction Capital. Angel investors including tech luminaries Thomas Chen and Julianna Lamb further underscore the company’s emergence as a…
Ciphix, a Rotterdam-based hyperautomation specialist, has solidified its position as a key player in Europe’s tech landscape with the acquisition of Bizzomate, a leading provider of low-code software solutions based in Limburg. This strategic move underscores Ciphix’s ambition to lead the hyperautomation sector across the continent. Koen Mallee, CEO of Ciphix, highlighted the significance of…
