Ceterus Among Inc. Magazine's Annual List of America's Fastest Growing Private Companies
Ceterus Among Inc. Magazine's Annual List of America's Fastest Growing Private Companies

CHARLESTON, S.C., Aug. 19, 2019 /PRNewswire/ -- Inc. magazine today revealed that Ceterus is No. 2110 on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment—its independent small businesses. Microsoft, Dell, Domino's Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000. Ceterus provides a done-for-you accounting and benchmarked reporting solution for entrepreneurs as well as an accounting technology solution for CPA firms...

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Idea FundCathy GuoComment
Pendo to triple workforce in UK, says growth is exceeding expectations
Pendo to triple workforce in UK, says growth is exceeding expectations

RALEIGH – Fast-growing cloud computing software firm Pendo is planning to add additional workers at its operations in the U.K., citing as one reason growth that is exceeding expectations. The Raleigh-based firm, which is committed to adding hundreds of workers in its home city and relocating to a new headquarters, says revenue in Europe-Middle E East-Africa markets has already achieved 130 percent of its revenue goal in the first six months of operations. Pendo says it also has added 36 customers...

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Idea FundCathy GuoComment
Trussle CEO urges government to ensure shared ownership changes are 'financially beneficial' for borrowers
Trussle CEO urges government to ensure shared ownership changes are 'financially beneficial' for borrowers

The government’s changes to shared ownership must be “financially beneficial” for mortgage borrowers, urges Ishaan Malhi, CEO and founder at Trussle (pictured above). The new measures aim to help more people get on the property ladder and allow them to increase their share at lower increments. As a result, people will be able to buy their home in 1% chunks, rather than 10% at a time. Ishaan explained that those on lower incomes often struggled to get any kind of a foothold on the housing ladder...

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Finch CapitalCathy GuoComment
Goodlord updates product and guidance ahead of Welsh Tenant Fee Ban
Goodlord updates product and guidance ahead of Welsh Tenant Fee Ban

Property technology company Goodlord has updated its core product and issued guidance for Welsh clients ahead of the Tenant Fee Ban coming into force in Wales on 1st September. From September 1st, Goodlord’s platform will ensure every tenancy in Wales is compliant with the new regulations. Whilst the new legislation is similar to that brought into force in England in June, there are some key differences for letting agents operating in Wales. With Welsh letting agents facing a loss of, on average, £181.15 in fees per tenancy, the legislation is likely to result in a major shakeup for lettings agents and landlords, as well as a new rental reality for tenants...

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Finch CapitalCathy Guo Comment
Kabbage secures $200M to fuel its AI-based loans platform for small businesses
Kabbage secures $200M to fuel its AI-based loans platform for small businesses

Kabbage, the AI-based small business loans platform backed by SoftBank and others, is adding more firepower to its lending machine: the Atlanta-based startup has secured an additional $200 million in the form of a revolving credit facility from an unnamed subsidiary of a large life insurance company, managed and administered by 20 Gates Management, and Atalaya Capital Management.

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BRVCathy GuoComment
FreedomPay and Agilysys Renew Partnership Providing for Commerce Solutions
FreedomPay and Agilysys Renew Partnership Providing for Commerce Solutions

FreedomPay, the leading global consumer-centric commerce payments platform, today announced an extension and expansion of its five-year partnership with Agilysys, a leading global provider of next-generation hospitality software solutions and services, with a goal of building upon an already successful partnership to increase the market presence and business success for both companies…

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BRVCathy GuoComment
Trussle reiterates desire for mortgage switch guarantee
Trussle reiterates desire for mortgage switch guarantee

Trussle has stepped up its campaign to see a mortgage switch guarantee via a parliamentary reception. Sponsored by shadow city minister Jonathan Reynolds MP, Atom Bank director of intermediary lending Maria Harris, Citizens Advice policy lead Morgan Wild, Trussle founder and chief executive Ishaan Malhi as well as the aforementioned minister gave speeches outlining why they believe that introducing a new set of standards to help customers avoid moving onto a standard variable rate is in the best interest for the customer…

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Finch CapitalCathy Guo Comment
Yves Rocher partners with Hootsuite to grow social media presence
Yves Rocher partners with Hootsuite to grow social media presence

Cosmetics giant Yves Rocher is looking to expand its online customer base through a new partnership with social media management platform Hootsuite. The French retailer is using Hootsuite’s Enterprise platform to consolidate its tools in one platform, allowing it to monitor its social media activity over different channels and respond more quickly to customer inquiries…

 

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EIPCathy GuoComment
Sense Photonics raises $26 million to expand depth sensing for autonomous vehicles and industrial robotics
Sense Photonics raises $26 million to expand depth sensing for autonomous vehicles and industrial robotics

DURHAM, N.C., June 12, 2019 /PRNewswire/
Sense Photonics, a company building the next generation of LiDAR and 3D sensor solutions for autonomous vehicles, industrial equipment and other applications, announced today that they have closed a $26 million Series A funding round. The round was co-led by Acadia Woods and Congruent Ventures, with participation from a number of other investors, including Prelude Ventures, Samsung Ventures, Shell Ventures, Hemi Ventures and IPD Capital...

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Idea FundCathy GuoComment
Energy drink Mati raises $3.6 million in equity from 30 investors
Energy drink Mati raises $3.6 million in equity from 30 investors

DURHAM — Mati LLC, an energy drink company based in Durham, has raised more than $3.6 million from selling equity, according to a Securities and Exchange Commission filing on Wednesday. The money was raised from 30 investors with the date of the first sale in mid-May. The filing disclosed that the money would be used for the payment of salaries and other compensation and benefits. “No officer, representative, member or promoter will receive any payments from the proceeds of this offering,” it clarified. The round is capped at $4.5 million – with a total of around $881,000 still to be sold...

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Idea FundStudio EliasComment
Spiffy Lands $10M in Capital; Announces Fleet Management as a Service (FMaaS) Immediately Available in Eleven Markets
Spiffy Lands $10M in Capital; Announces Fleet Management as a Service (FMaaS) Immediately Available in Eleven Markets

Get Spiffy, Inc. (Spiffy), an on-demand car care, technology, and services company, today introduced Fleet Management as a Service to help fleets maintain vehicles across the entire vehicle lifecycle. With a $10M+ fund raise, Spiffy is expanding into six new markets with Fleet Management as a Service (FMaaS) and rolling out FMaaS in existing Spiffy markets of Atlanta, Charlotte, Dallas-Fort Worth, Los Angeles, and Raleigh-Durham. New FMaaS markets include Denver, New York, Phoenix, Seattle, Tampa, and Washington, DC with more to come in 2019...

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