Portfolio Companies News Roundup - August 2021
Alumni Ventures portfolio companies in the news
Check out some of our portfolio companies in the news from August 2021!
Seismic Raises Fresh Funds at $3 billion Valuation; acquires Lessonly
Software maker Seismic announced that it has raised $170 million in fresh capital at a $3 billion valuation and will use part of the funds for the acquisition of Lessonly, a venture capital-backed online sales coaching platform. The funding nearly doubles the valuation of Seismic, which makes software for sales teams, from its prior round late last year. You can learn more in this full article from WTVB.
Other Companies in the News
ScopeAI
08.31: Observe.AI Acquires Conversational Analytics Startup ScopeAI (VoiceBot)
LTSE
08.26: Silicon Valley Exchange Lists First Two Companies in ESG Push (Bloomberg)
Shoulder Innovations
08.24: Shoulder Innovations wins FDA clearance for InSet Reverse shoulder arthroplasty system (Medical Design & Outsourcing)
Circle Pay
08.13: EOS Voice taps USDC stablecoin operator Circle as its payments provider (Invezz)
Ardius
08.10: Gusto Secures A $10 Billion Valuation Tailwind As Its HR Software Sails Toward IPO (Forbes)
Honor
08.06: Honor to Aquire Home Instead, Creating $2 Billion Home Care Services Company (Home Health Care News)
TrustToken
08.05: TrustToken Raises $12.5 Million, Andreessen Horowitz Among Backers (Crowdfund Insider)
GrubMarket
08.04: GrubMarket Announces Acquisition of Grant J. Hunt Company (Blue Book Services via PRNewswire)
CLICK HERE to see the performance of each exited investment for all Alumni Ventures’ Funds over the last twelve months.
CLICK HERE to see the performance of each exited investment for all Alumni Ventures’ Funds over the last twelve months.
These materials are provided for informational purposes only. Performance information for all Alumni Ventures Fund exits over the previous twelve months click here. Past performance is not indicative of future results. Offers of securities are made only to accredited investors pursuant to each fund’s offering documents, which describe among other things the risks and fees associated with the Fund that should be considered before investing. Consult your professional advisor to determine if venture capital is a good fit for your investment portfolio. AV does not provide individual investment advice, please consult your advisor to determine if an investment is appropriate for you.The funds are long-term investments that involve a substantial risk of loss, including the loss of all capital invested. Opportunities to invest in any security (of a Fund, of AV or in a syndication offering) is not a guarantee that you will be able to invest and are subject to all terms of the specific offering. Contact [email protected] for additional information. To see additional risk factors and investment considerations, visit av-funds.com/disclosures.