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Spark Launches with $3 6M in Funding Led by Primary Ventures to Transform Benefits Navigation for Retirees

Spark Launches with $3 6M in Funding Led by Primary Ventures to Transform Benefits Navigation for Retirees
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Electric Raises Another $40M to Support the IT Needs of a Remote World

AlleyWatch 11 months ago, the world shut down and now 11 months later, much of our lives have shifted to remote.  Overnight, businesses were forced to adjust their operations to support working from home.  In order to support this dramatic shift, companies needed to ensure that they have the proper IT support infrastructure in place to address the reshaped reality of work.  Electric, a pioneer in the tech-enabled managed service provider (MSP) space, was able to support the needs of the small and medium-sized businesses that lacked the in-house resources to manage this process.  The company’s 100+ IT technicians are able to fully remotely manage things like a client’s networks, devices, security, applications, onboarding, and data monitoring.  Employees are able to reach an IT expert within 10 minutes to handle their inquiries using popular chat communication platforms like Slack or Teams. Electric now provides support for over 400 businesses that comprise 20,000+ employe

Cofounder of Jet com launches Olive to make delivery more efficient

And this time, he s got an eye on sustainability with his new company Olive.  Using the startup s online platform, users can shop from a host of fashion and accessory brands. Their orders are then consolidated into one weekly delivery, sent in a soft zippered box that is reusable and made almost entirely out of recycled materials. Olive calls the reusable boxes shippers.   The idea is to make as few deliveries as possible, thus reducing the carbon emissions associated with last-mile delivery. According to Bain & Company, a Walmart study from 2017 found that the carbon emissions for two items shipped together were 35% lower than if they had been shipped separately.

Realm raises $3m seed round to help homeowners tap into their property s $175,900 of potential

Press release content from PR Newswire. The AP news staff was not involved in its creation. Realm raises $3m seed round to help homeowners tap into their property’s $175,900 of potential February 16, 2021 GMT NEW YORK, Feb. 16, 2021 /PRNewswire/ Realm, the first centralized data hub for homeowners, has raised $3M in seed funding from Primary Venture Partners, Lerer Hippeau, and Liberty Mutual Strategic Venture Partners. Founded in 2019, Realm helps homeowners get more out of their single biggest asset by showing them what their property could be worth and how to access more of its potential value. Realm analyzes thousands of unique data points to highlight opportunities to increase property value through square-foot add-ons, renovations, rental units, and more, helping families to enjoy their home more in the present while getting more value from it down the road.

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