VC funding: Moglix, GetAccept, igloohome, Bulletin

Moglix, GetAccept, igloohome, SAM Labs, DefenseStorm, Life House, Lendbuzz, Bulletin, Altonomy, Riiid, Amperity and Xolo announced their latest VC funding rounds.
VC funding in technology cos


GetAccept has raised $7 million Series A funding round led by DN Capital, with participation from BootstrapLabs, Y Combinator and a number of Spotify’s early investors including the former CFO of Spotify, Peter Sterky. GetAccept has raised $9 million to date.


igloohome, a smart access company based in Singapore, announced funding of $15 million — co-led by Insignia Ventures Partners, Wavemaker Partners and SEEDS Capital. New investors include Kickstart Ventures, TH Capital, Pine Venture Partners, On Asset Management, InnoVen Capital and a group of angel investors. Existing investors Singtel Innov8 and Great Noble International also participated in the round.

Life House

Life House, a lifestyle hotel company, has raised $100 million in equity commitments (approximately $250-300M in total asset value) from Boston-based investment and development firm Blue Flag Partners. Life House’s other investors include Global Founders Capital, Comcast Ventures, and Trinity Ventures.

SAM Labs

SAM Labs, a education technology company, has raised $8.9 million in 2019 in a Series A2 equity funding round to expand the global reach of its educational content, software, and hardware.


DefenseStorm, a cybersecurity and cyber compliance management provider, has raised $15 million in a Series A financing round led by Georgian Partners.


Moglix, a B2B commerce company in India, announced closure of Series D round of funding of $60 million — led by Tiger Global, Sequoia India and Composite Capital. Its current investors include Accel Partners, Jungle Ventures, IFC, Venture Highway and Tata Sons’ Chairman Emeritus Ratan Tata.


Lendbuzz, a fintech company in car financing market, secured an additional $150 million in debt and equity financing. The equity funding round was led by 83North with significant participation from existing investors. The debt funding was led by BHI, ConnectOne Bank, IDB Bank, Viola Credit and a large insurance company. This raise follows a $30 million debt funding round that was completed only 12 months ago.


Bulletin, a retail technology, has closed $7 million in Series A funding led by Foundation Capital with participation from Kleiner Perkins, Trail Mix Ventures and Afore Capital.


Altonomy, a trading desk and market maker for cryptocurrency assets, has closed $7 million in seed financing led by Polychain Capital and 7 Blocks.


The AI tutoring solution company Riiid has secured $18 million through its Series C funding round — led by Premier Partners, Alpenroute Asset Management, DSC Investment, IMM Investment, Korea Growth Investment Corporation, and D Ventures Private Investment Fund.


Amperity, an AI-powered Customer Data Management platform, has raised $50 million Series C financing round from Tiger Global Management, Goldman Sachs, Declaration Partners, Madera Technology Partners, Madrona Venture Group, and investor Lee Fixel. The new round brings the company’s total funding to $87 million to-date.


Xolo, an online platform for launching and running one-person businesses anywhere in the world, has raised $6.8 million in Series A funding — led by European venture firms Karma Ventures (Estonia), Vendep Capital (Finland), and Leap Ventures (France).

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