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Twelve Below secures $108M across two new funds

Pre-seed and seed companies have a new bucket of capital to go after today. Taylor Greene and Byron Ling started Twelve Below in 2021 after previous careers at Collaborative Fund and Lerer Hippeau for Greene, and Canaan and Primary Venture Partners for Ling. Greene and Ling told TechCrunch their philosophy is reminiscent of the “old ways of venture capital.” ....

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Jar raises $32 million in Tiger Global-led funding to help Indians start their saving and investment journeys – TechCrunch

A seven-month-old fintech app that is helping millions of Indians to begin their investment and saving journeys for the first time in their lives has attracted the attention of Tiger Global. The Bengaluru-based Jar said on Thursday it has raised $32 million in its Series A financing round, just months after securing its seed funding. […] ....

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Mantra Health Announces Multi-State Insurance Network Contracts and Fifty State Expansion; Brings Total Funding to $5.2M


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NEW YORK, April 1, 2021 /PRNewswire/  
Mantra Health, a digital mental health clinic that partners with higher education institutions, today announced an extension of $2 million bringing its total funding to $5.2 million. The round includes new institutional investors Canaan Partners, City Light Capital, and Baleon Capital, as well as strategic angels, including Dr. Nitin Nanda, the founder of Aligned Telehealth, acquired by Amwell. Mantra will use the extension to continue to expand its network of psychiatric and therapy providers to all 50 states. Additionally, the company will continue to sign and support contracts with health insurance carriers across the country to increase access to evidence-based mental healthcare for the 20 million post-secondary students in America. This move will help increase payment options for colleges and universities, and increase continuity of care for students during seasonal breaks and after graduation. ....

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