Rothy’s, founded in 2016 by Stephen Hawthornthwaite and Roth Martin, is one of the world’s fastest growing brands, growing revenue 50 times over the past two years. Rothy’s shoes are made from 100% recycled plastic water bottles and other recyclable materials, 3D knitted into seamless silhouettes and meticulously assembled by hand. The result is a comfortable, sustainable and stylish shoe loved by its customers.
Ualá, the Argentina-based fintech company, announced today that it has completed a Series B financing round of $34 million USD led by Goldman Sachs Investment Partners (GSIP), with Ribbit Capital and Monashees also participating. Existing investors that also participated include a private investment fund managed by Soros Fund Management LLC, Point72 Ventures, Jefferies LLC, and entrepreneur Kevin Ryan.
Shift Technologies "Shift," a San Francisco-based startup on a mission to make car purchase and ownership simple, today announced their Series D financing, comprising more than $140 million in equity and debt. The round is led by Lithia (NYSE: LAD), with participation from previous investors Alliance Ventures, BMW iVentures, DCM, DFJ, G2VP, Goldman Sachs Investment Partners, and Highland Capital. This new capital will bring Shift's total financing of equity and debt to $265 million.
Care/of, a leading wellness brand making healthy living easier, today announced that it has raised $29 million in Series B funding led by Goldman Sachs Investment Partners.
Zola, the fastest growing wedding company in the U.S., announced a $100 million Series D financing. This round was led by existing investor Comcast Ventures, as well as adding new investors NBCUniversal and Goldman Sachs Investment Partners. Total investment now stands at over $140 million, which positions Zola to continue to invest in its products and accelerate its momentum as a digital leader in the $100 billionU.S. wedding industry.
Doctor On Demand, the nation’s leading virtual care provider, has closed a $74 million round of Series C financing, led by Princeville Global and Goldman Sachs Investment Partners with participation from existing investors including Venrock, Shasta Ventures, and Tenaya Capital. This funding will support the continued rapid expansion of Doctor On Demand’s platform and further its commitment to delivering access to quality care at scale.
Amazon and Ring today announced that Amazon’s acquisition of Ring is complete. The two companies will work together to accelerate Ring’s mission to reduce crime in neighborhoods with affordable, effective home security products and services, so more customers can see, hear, and speak to people on their property from anywhere.
FabHotels, a technology-driven budget hotel franchise, announced today that it has raised $25 million in a Series B investment led by Goldman Sachs Investment Partners. Accel Partners, an existing investor, also participated in the round. The funds will further accelerate the nationwide expansion of FabHotels.
Shift (shift.com), a San Francisco-based startup that combines technology and a team of car concierges to take the hassle and guesswork out of buying and selling pre-owned cars, today announced that it has raised a $38M Series C financing led by BMW iVentures, with participation from new major investors DCM Ventures and G2VP, as well as continued participation from DFJ, Highland Capital, and Goldman Sachs Investment Partners. Christian Noske, a partner at BMW iVentures, has joined the Shift Board of Directors. Jason Krikorian from DCM and Brook Porter from G2VP have joined as Board Observers.
Funding will be used to scale investment marketplace, accelerate national expansion, and further grow team.
Outcome Health, which partners with healthcare providers to serve actionable health intelligence at the moment of care to improve patient outcomes, announces a financing round valuing the company at $5 billion pre-money, to expand its impact from 20% to 70% of all U.S. physician practices by 2020.
SMS Assist, an innovative mobile and cloud-based multisite property management company, today announced that former Rackspace CEO Taylor Rhodes has been named SMS Assist’s new chief executive officer. He replaces outgoing CEO and company founder Mike Rothman, who will remain as chairman in continued support of SMS Assist’s growth.
ResearchGate, the professional network for scientists, announced investments from Wellcome Trust, Goldman Sachs Investment Partners, and Four Rivers Group with participation from Ashton Kutcher, Groupe Arnault, Xavier Niel, and existing investors Bill Gates, Tenaya Capital, Benchmark, and Founders Fund.
Ring announced it has raised $109 million from DFJ Growth, Goldman Sachs Investment Partners and Qualcomm Ventures, with additional participation from Sir Richard Branson, American Family Insurance, Shea Ventures and True Ventures, among others.
Hubba, the leading business network for retailers to discover and connect with the world’s most interesting brands, secured a significant minority investment from Goldman Sachs Investment Partners, along with additional participation from existing investors Real Ventures, Kensington Venture Fund and Brightspark Ventures.
GoEuro, the travel platform for trains, buses and flights across Europe, has announced the closure of a new funding round totaling $70 million, led by Silver Lake Kraftwerk, a fund of Silver Lake, a global leader in technology investing, and Kleiner Perkins Caufield & Byers, a leading Silicon Valley venture capital firm.
Financial technology platform Plaid Technologies, Inc., announced today it has raised $44 million in new funding led by Goldman Sachs Investment Partners to support the growth of the fintech ecosystem Plaid powers.
SMS Assist, an innovative mobile and cloud-based multisite property management company, today announced it has raised $150 million in Series D funding from Goldman Sachs Investment Partners. Prior investors in SMS Assist include Insight Venture Partners and Pritzker Group Venture Capital.
GoEuro, Europe’s largest platform for planning and booking all rail, bus and air transportation, has announced the closure of a Series B funding round totalling $45 million. The funding was led by Goldman Sachs and joined by new investors including Atomico, Yuri Milner and Tom Stafford, Sebastian Siemiatkowski (Klarna) and Ilkka Paananen (Supercell).
thredUP, the nation’s leading online marketplace for like-new women’s and kids’ clothing, today announced that Goldman Sachs Investment Partners (GSIP) has led a $81 million Series E investment in the company. The financing will enable thredUP to continue its rapid growth and scale its operations and distribution network to meet customer demand.
Shift Technologies "Shift", a people-powered marketplace that takes the hassle and guesswork out of buying and selling a car, announced today that it has raised a $50M Series B financing led by Goldman Sachs Investment Partners (GSIP), with participation from Series A financing leads DFJ and Highland Capital Partners. Ian Friedman, co-head of GSIP Private Investments, has joined the Shift Board of Directors.
foodpanda,the global mobile food delivery marketplace today announces a new financing round of USD 100 Million led by Goldman Sachs.