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6 Degree, Acronis, HoneyBook, Thingsup, Thentia Raises Funds
B2B retail SaaS platform ‘6 Degree’ raises $1M from SucSEED Indovation Fund, and other angel investors as a part of series A. 6 Degree is a fashion network, with over 15,000 professionals, and home to over 4,000 fashion designers. The startup has long-standing partnerships with over 100 multi-brand stores, and leading fashion platforms, including Lakme Fashion Week, and The Fashion Design Council of India. 6 Degree will use the funds, to ramp up operations for its flagship product. Honeycomb, a B2B retail SaaS platform, catering to the fashion and lifestyle sector. 6 Degree claims to be on track to grow another 5X this year, enabling over 3,000 brands to scale with it.
Acronis raises $250 Million, at a $2.5 Billion valuation, to double down on cyber protection services. The funding was led by CVC. Integrating with a range of popular enterprise software packages, Acronis now have over 10,000 managed service providers, and 500,000 businesses using their services. The funding will be used on engineers, and M and A, to complement their cyber protection services. The company is also focussing on its next steps, which could involve a public listing, or a sale in the next 12 to 24 months.
HoneyBook, a client experience and financial management platform, for service-based small businesses and freelancers, raises $155 million in a Series D round, led by Durable Capital Partners LP. With the latest round, HoneyBook has now raised $248 million since its inception in 2013. The company plans to use its new capital toward continued product development, and to boost its 103-person headcount, across its San Francisco and Tel Aviv offices.
Thentia, a global leader in GovTech Software-as-a-Service, raises $10 million in Series B investment, led by New York City-based Spring Mountain Capital, with participation from BDC Capital. Thentia was developed by subject matter experts, with a mission to transform GovTech through best-in-class technological capabilities. Thentia will use this equity financing to accelerate its go-to-market strategy, and grow its position across the U.S., as the industry-leading SaaS platform for the government technology sector.
IoT platform ‘Thingsup’, raises $100,000 from GSF Accelerator. Launched in 2020, Thingsup is a low-code, SaaS-based platform that comes with ready to use, wireless IoT sensors, and enables businesses to digitalise their entire supply chain operations, within a few days, instead of months. The Parent company iobot stated that, the investment will be used to cater to the demand for digitalising cold chain logistics, the market for which, is rapidly expanding due to the ongoing COVID-19 pandemic.
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By PeopleAtomB2B retail SaaS platform ‘6 Degree’ raises $1M from SucSEED Indovation Fund, and other angel investors as a part of series A. 6 Degree is a fashion network, with over 15,000 professionals, and home to over 4,000 fashion designers. The startup has long-standing partnerships with over 100 multi-brand stores, and leading fashion platforms, including Lakme Fashion Week, and The Fashion Design Council of India. 6 Degree will use the funds, to ramp up operations for its flagship product. Honeycomb, a B2B retail SaaS platform, catering to the fashion and lifestyle sector. 6 Degree claims to be on track to grow another 5X this year, enabling over 3,000 brands to scale with it.
Acronis raises $250 Million, at a $2.5 Billion valuation, to double down on cyber protection services. The funding was led by CVC. Integrating with a range of popular enterprise software packages, Acronis now have over 10,000 managed service providers, and 500,000 businesses using their services. The funding will be used on engineers, and M and A, to complement their cyber protection services. The company is also focussing on its next steps, which could involve a public listing, or a sale in the next 12 to 24 months.
HoneyBook, a client experience and financial management platform, for service-based small businesses and freelancers, raises $155 million in a Series D round, led by Durable Capital Partners LP. With the latest round, HoneyBook has now raised $248 million since its inception in 2013. The company plans to use its new capital toward continued product development, and to boost its 103-person headcount, across its San Francisco and Tel Aviv offices.
Thentia, a global leader in GovTech Software-as-a-Service, raises $10 million in Series B investment, led by New York City-based Spring Mountain Capital, with participation from BDC Capital. Thentia was developed by subject matter experts, with a mission to transform GovTech through best-in-class technological capabilities. Thentia will use this equity financing to accelerate its go-to-market strategy, and grow its position across the U.S., as the industry-leading SaaS platform for the government technology sector.
IoT platform ‘Thingsup’, raises $100,000 from GSF Accelerator. Launched in 2020, Thingsup is a low-code, SaaS-based platform that comes with ready to use, wireless IoT sensors, and enables businesses to digitalise their entire supply chain operations, within a few days, instead of months. The Parent company iobot stated that, the investment will be used to cater to the demand for digitalising cold chain logistics, the market for which, is rapidly expanding due to the ongoing COVID-19 pandemic.