New software firm Onboard raises $1.25 million
Onboard Software is based in Birmingham
Birmingham-based software company Onboard Software Inc. has completed a $1.25 million seed-funding round, according to a news release.
The company s business-to-business software is aimed at solving challenges for customer onboarding teams. The funding was led by Detroit-based Ludlow Ventures and included money from Zelkova Ventures in New York City and Detroit Venture Partners, the Dan Gilbert-backed venture capital firm.
Onboard, which says it launched last year, has clients using its platform in a beta mode and said Thursday that it s now open for public sign-up. Revenues will come at a later time, CEO Jeff Epstein said in the release.
Onboard Announces Funding & Aims to Solve Customer's Failure to Launch
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Marxent closes largest funding round to date, eyes global expansion
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StockX, a Detroit, MI-based provider of an e-commerce platform that connects buyers and sellers of high-demand consumer goods using dynamic pricing mechanics, raised $275m in a Series E funding round that values the company $2.8 billion post-money.
The round was led by Tiger Global Management, with participation from Altimeter Capital, Sands Capital, and Whale Rock Capital Management. They joined Battery Ventures, DST Global, Detroit Venture Partners, Galaxy Interactive, GGV Capital, GV, General Atlantic, and Marcy Venture Partners (co-founded by Shawn “Jay-Z” Carter).
The company intends to use the funds to accelerate global expansion, product innovation and category diversification for the e-commerce marketplace.
DBusiness Magazine
StockX in Detroit Raises $275M in Series E Funding Round
Detroit-based StockX today announced it has raised $275 million in a Series E funding round that brings the e-commerce platform’s value to $2.8 billion.
StockX has raised $275 million in a Series E funding round that brings the e-commerce platform’s value to $2.8 billion. // Photo courtesy of StockX
Detroit-based StockX today announced it has raised $275 million in a Series E funding round that brings the e-commerce platform’s value to $2.8 billion.
The new funds will be used to accelerate the company’s global expansion, product innovation, and category diversification for the online marketplace.