News & Insights

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Fintech Startup Qwil Raises $24.4 Million in Equity and $200 Million in Debt

Qwil, a startup that provides financing to freelancers and small businesses, has raised $24.4 million in equity and $200 million in debt funding from investors including Jefferies Financial Group Inc, the company said on Wednesday.


Patient Engagement Leader Luma Health Raises $16 Million to Accelerate Delivery of Modern Patient Access Technology

Luma Health, the only total patient engagement platform, today announced $16 million in Series B equity funding, bringing total equity funding to $25.7 million.


Stylitics Secures $15 Million in Series B Funding for AI-Driven Outfitting and Styling Platform for Retailers

Stylitics, the leading AI-powered visual merchandising and outfit recommendation platform, today announced it closed a $15 million Series B round of funding, bringing its total funding to $21 million.


JRNI Closes $6 Million Series C Extension, Bringing Total Series C Funding to $19.4 Million

BOSTON–(BUSINESS WIRE)–JRNI, formerly BookingBug, the leading customer engagement platform for omnichannel conversion, today announced that it has closed a $6 million extension to its Series C financing led by PeakSpan Capital with participation from Downing Ventures and Somerston Group. The round brings JRNI’s total funding to $23.2 million, and builds on JRNI’s $13.4 million Series C…


XOi Technologies Announces $11M Series C Financing

XOi Technologies, the Nashville-based leader in field service communication solutions, announced today the completion of its Series C financing round. The $11 million round was led by PeakSpan Capital with participation by Grotech Ventures, as well as Series B investors, Vocap Investment Partners and Nashville Capital Network.


Fuel50 Raises $14 Million Series B to Transform the Future of Work

Fuel50, creator of the world’s fastest-growing career experience and talent mobility platform, today announced it raised $14 million in Series B funding, led by PeakSpan Capital.


Cognism Raises $10m to Move Sales From an Art to a Science

End-to-end sales acceleration platform Cognism has raised $10m in Series B funding for its next-generation sales acceleration solution, bringing its total funding to just over $16.5m. The round was led by New York-based PeakSpan Capital.


ReviewTrackers Partners with PeakSpan Capital on $10 Million Series-B Fundraise

ReviewTrackers, a Chicago-based provider of review and customer feedback solutions for businesses, announced today a new growth fundraising round of $10M from PeakSpan Capital.


GroupBy Inc. Announces Series B Funding

GroupBy Inc., a leading provider of relevancy-focused eCommerce solutions, today announced the company has closed its Series B financing.


Focused Exclusively on Business Software Companies, PeakSpan Capital Raises $265 Million in an Oversubscribed Second Fund

PeakSpan Capital, an investment firm focused on growth-stage business-to-business software companies, has announced it has raised $265 million in an oversubscribed second fund.


Fintech Startup Qwil Raises $24.4 Million in Equity and $200 Million in Debt

Qwil, a startup that provides financing to freelancers and small businesses, has raised $24.4 million in equity and $200 million in debt funding from investors including Jefferies Financial Group Inc, the company said on Wednesday.


Patient Engagement Leader Luma Health Raises $16 Million to Accelerate Delivery of Modern Patient Access Technology

Luma Health, the only total patient engagement platform, today announced $16 million in Series B equity funding, bringing total equity funding to $25.7 million.


Stylitics Secures $15 Million in Series B Funding for AI-Driven Outfitting and Styling Platform for Retailers

Stylitics, the leading AI-powered visual merchandising and outfit recommendation platform, today announced it closed a $15 million Series B round of funding, bringing its total funding to $21 million.


JRNI Closes $6 Million Series C Extension, Bringing Total Series C Funding to $19.4 Million

BOSTON–(BUSINESS WIRE)–JRNI, formerly BookingBug, the leading customer engagement platform for omnichannel conversion, today announced that it has closed a $6 million extension to its Series C financing led by PeakSpan Capital with participation from Downing Ventures and Somerston Group. The round brings JRNI’s total funding to $23.2 million, and builds on JRNI’s $13.4 million Series C…


XOi Technologies Announces $11M Series C Financing

XOi Technologies, the Nashville-based leader in field service communication solutions, announced today the completion of its Series C financing round. The $11 million round was led by PeakSpan Capital with participation by Grotech Ventures, as well as Series B investors, Vocap Investment Partners and Nashville Capital Network.


Fuel50 Raises $14 Million Series B to Transform the Future of Work

Fuel50, creator of the world’s fastest-growing career experience and talent mobility platform, today announced it raised $14 million in Series B funding, led by PeakSpan Capital.


Cognism Raises $10m to Move Sales From an Art to a Science

End-to-end sales acceleration platform Cognism has raised $10m in Series B funding for its next-generation sales acceleration solution, bringing its total funding to just over $16.5m. The round was led by New York-based PeakSpan Capital.


ReviewTrackers Partners with PeakSpan Capital on $10 Million Series-B Fundraise

ReviewTrackers, a Chicago-based provider of review and customer feedback solutions for businesses, announced today a new growth fundraising round of $10M from PeakSpan Capital.


GroupBy Inc. Announces Series B Funding

GroupBy Inc., a leading provider of relevancy-focused eCommerce solutions, today announced the company has closed its Series B financing.


Focused Exclusively on Business Software Companies, PeakSpan Capital Raises $265 Million in an Oversubscribed Second Fund

PeakSpan Capital, an investment firm focused on growth-stage business-to-business software companies, has announced it has raised $265 million in an oversubscribed second fund.


Oaky Raises $9.5 Million in Series A Funding

Oaky has closed a $9.5 million Series A financing round, led by PeakSpan Capital.

Cordial Achieves AWS Retail Competency Status

Cordial, a next-generation messaging platform that uses real-time data to send personal, relevant, and emotionally intelligent messages, announced that it has achieved Amazon Web Services (AWS) Retail Competency status.

Jonas Construction Software’s Latest Integration with XOi Technologies

Jonas Construction Software is pleased to announce its integration with XOi Technologies. Through XOi’s use of machine learning and artificial intelligence, this new partnership will allow our service clients to capture critical job content on site in real time, as well as improve communication and collaboration between the office, technicians, and customers.

Fintech Startup Qwil Raises $24.4 Million in Equity and $200 Million in Debt

Qwil, a startup that provides financing to freelancers and small businesses, has raised $24.4 million in equity and $200 million in debt funding from investors including Jefferies Financial Group Inc, the company said on Wednesday.

Luma Health Selected as Greenway Health Marketplace Partner, Enabling Comprehensive Health IT Solutions

Luma Health, the only total patient engagement platform, today announced it has joined the online Greenway Marketplace of value-added partners for users of Greenway’s integrated electronic health record (EHR) and practice management solutions.

Ottawa Business Journal: Smart money’s on MindBridge Ai

Ottawa Business Journal’s Jim Sali has written a feature on Mindbridge Ai and their most recent funding round led by PeakSpan Capital.

Kenna Security Names Terry Murphy as Chief Financial Officer

Kenna Security, the enterprise leader in risk-based vulnerability management, named Terry Murphy as Chief Financial Officer. Murphy is an accomplished finance leader who has served as a CFO for the past 17 years with his most recent post in the cybersecurity industry.

Inference Solutions Wins Best in Biz Award for Most Innovative Product of the Year – SMB

Inference Solutions, a global provider of Intelligent Virtual Agents (IVAs) for sales and service organizations, today announced that the Inference Studio platform has won a Best in Biz Award for Most Innovative Product of the Year – SMB.

JNRI named as one of BusinessCloud UK’s top 100 eCommerce Trailblazers

PeakSpan partner JNRI has placed #14 on BusinessCloud’s ranking of the top 100 UK-based eCommerce trailblazers for 2019.

MindTouch Wins Best Customer Experience and Support from KMWorld

Happy customers, happy MindTouch. That’s why we’re so honored to be named the KMWorld 2019 Readers’ Choice Award winner for “Best Customer Experience and Support,” having edged out Salesforce and Nuance Communications.

Oaky Raises $9.5 Million in Series A Funding

Oaky has closed a $9.5 million Series A financing round, led by PeakSpan Capital.

Cordial Achieves AWS Retail Competency Status

Cordial, a next-generation messaging platform that uses real-time data to send personal, relevant, and emotionally intelligent messages, announced that it has achieved Amazon Web Services (AWS) Retail Competency status.

Jonas Construction Software’s Latest Integration with XOi Technologies

Jonas Construction Software is pleased to announce its integration with XOi Technologies. Through XOi’s use of machine learning and artificial intelligence, this new partnership will allow our service clients to capture critical job content on site in real time, as well as improve communication and collaboration between the office, technicians, and customers.

Fintech Startup Qwil Raises $24.4 Million in Equity and $200 Million in Debt

Qwil, a startup that provides financing to freelancers and small businesses, has raised $24.4 million in equity and $200 million in debt funding from investors including Jefferies Financial Group Inc, the company said on Wednesday.

Luma Health Selected as Greenway Health Marketplace Partner, Enabling Comprehensive Health IT Solutions

Luma Health, the only total patient engagement platform, today announced it has joined the online Greenway Marketplace of value-added partners for users of Greenway’s integrated electronic health record (EHR) and practice management solutions.

Ottawa Business Journal: Smart money’s on MindBridge Ai

Ottawa Business Journal’s Jim Sali has written a feature on Mindbridge Ai and their most recent funding round led by PeakSpan Capital.

Kenna Security Names Terry Murphy as Chief Financial Officer

Kenna Security, the enterprise leader in risk-based vulnerability management, named Terry Murphy as Chief Financial Officer. Murphy is an accomplished finance leader who has served as a CFO for the past 17 years with his most recent post in the cybersecurity industry.

Inference Solutions Wins Best in Biz Award for Most Innovative Product of the Year – SMB

Inference Solutions, a global provider of Intelligent Virtual Agents (IVAs) for sales and service organizations, today announced that the Inference Studio platform has won a Best in Biz Award for Most Innovative Product of the Year – SMB.

JNRI named as one of BusinessCloud UK’s top 100 eCommerce Trailblazers

PeakSpan partner JNRI has placed #14 on BusinessCloud’s ranking of the top 100 UK-based eCommerce trailblazers for 2019.

MindTouch Wins Best Customer Experience and Support from KMWorld

Happy customers, happy MindTouch. That’s why we’re so honored to be named the KMWorld 2019 Readers’ Choice Award winner for “Best Customer Experience and Support,” having edged out Salesforce and Nuance Communications.

Old World Meets New: Pursuing a Software Enabled and Entrepreneur Centered Approach to Growth Equity

When rich, highly accurate and curated pipeline is provided automatically to a growth equity firm through the application of technology, exciting opportunities become available. A technology-enabled model elevates prospect identification and cultivation from a largely manual process by a firm’s most junior team members into the hands of experienced, senior Partners.


HotelTechReport: PeakSpan Capital Co-Founder Reveals Why Now is the Time to Invest in Hotel Tech

How many hotels are there in the world? Back in 2012 STR estimated 187,000 hotels with more than 17.5 million rooms globally but we’ve seen estimates from Booking and Expedia north of 300,000 and that figure is growing at a rapid clip. Hotels have a stigma for being slow to adopt technology but that’s changing quickly as digital natives moves into leadership roles at hotel groups around the world.


forbes magazine logo

Forbes: 12 Key Issues For SaaS Startups Seeking Financing

Forbes Magazine has published a helpful and comprehensive article on key issues for SaaS startups that are looking for financing. The authors cover the essential importance of a great pitch deck, the feasibility of finding angel investors, and key things to know about VC funding.


San Diego Union-Tribune: Rivaling dot-com boom, 2018 breaks record for San Diego startups raising cash

San Diego’s startup scene made big gains in 2018, hauling in nearly twice as much money as the prior year. That’s record-breaking attention from investors, and it’s an impressive performance compared to state and national averages.


PeakSpan Capital co-founder on Big Data, big dips and software investing

PeakSpan Capital co-founder Phil Dur spoke to Cromwell Schubarth at Silicon Valley Business Journal about PeakSpan’s highly focused, data-driven approach to to finding the startups they back.


forbes magazine logo

How To Impress A Venture Capitalist: 12 Prominent VCs Share What Gets Their Attention

Forbes Magazine spoke to a dozen VC firm founders and partners to get their wisdom on what it takes for companies to make a great impression on the VC circuit. PeakSpan co-founder Phil Dur contributed this advice on showing how it all stitches together: “I am always impressed by entrepreneurs who can articulate a compelling…


Old World Meets New: Pursuing a Software Enabled and Entrepreneur Centered Approach to Growth Equity

When rich, highly accurate and curated pipeline is provided automatically to a growth equity firm through the application of technology, exciting opportunities become available. A technology-enabled model elevates prospect identification and cultivation from a largely manual process by a firm’s most junior team members into the hands of experienced, senior Partners.


HotelTechReport: PeakSpan Capital Co-Founder Reveals Why Now is the Time to Invest in Hotel Tech

How many hotels are there in the world? Back in 2012 STR estimated 187,000 hotels with more than 17.5 million rooms globally but we’ve seen estimates from Booking and Expedia north of 300,000 and that figure is growing at a rapid clip. Hotels have a stigma for being slow to adopt technology but that’s changing quickly as digital natives moves into leadership roles at hotel groups around the world.


forbes magazine logo

Forbes: 12 Key Issues For SaaS Startups Seeking Financing

Forbes Magazine has published a helpful and comprehensive article on key issues for SaaS startups that are looking for financing. The authors cover the essential importance of a great pitch deck, the feasibility of finding angel investors, and key things to know about VC funding.


San Diego Union-Tribune: Rivaling dot-com boom, 2018 breaks record for San Diego startups raising cash

San Diego’s startup scene made big gains in 2018, hauling in nearly twice as much money as the prior year. That’s record-breaking attention from investors, and it’s an impressive performance compared to state and national averages.


PeakSpan Capital co-founder on Big Data, big dips and software investing

PeakSpan Capital co-founder Phil Dur spoke to Cromwell Schubarth at Silicon Valley Business Journal about PeakSpan’s highly focused, data-driven approach to to finding the startups they back.


forbes magazine logo

How To Impress A Venture Capitalist: 12 Prominent VCs Share What Gets Their Attention

Forbes Magazine spoke to a dozen VC firm founders and partners to get their wisdom on what it takes for companies to make a great impression on the VC circuit. PeakSpan co-founder Phil Dur contributed this advice on showing how it all stitches together: “I am always impressed by entrepreneurs who can articulate a compelling…


Cloudbeds Raises 9 Million in Series B Funding, Led by PeakSpan Capital

Cloudbeds, a leading provider of hospitality management software for independent properties (hotels, hostels, inns, beds and breakfasts, campgrounds, vacation rentals, and more), today announced it has completed an oversubscribed $9+ million Series B financing round.


PeakSpan Capital Raises $150 Million Fund to Invest in Growth-Stage Business Software Entrepreneurs

PeakSpan Capital announced today it has closed PeakSpan Capital Growth Partners I, L.P., an oversubscribed $150 million fund to invest in growth stage business software companies.


PeakSpan Capital co-founder on Big Data, big dips and software investing

PeakSpan Capital co-founder Phil Dur spoke to Cromwell Schubarth at Silicon Valley Business Journal about PeakSpan’s highly focused, data-driven approach to to finding the startups they back.


Cyara Closes $25 Million Series A Funding Round

Cyara Solutions Corp., provider of the market-leading omni-channel discovery, testing and monitoring platform which helps enterprises accelerate for the delivery of flawless customer experience at scale, today announces that the company has secured $25 million (USD) in Series A funding in a round led by PeakSpan Capital and Greenspring Associates.


MindTouch Scores $12 Million To Help Companies Drive Self-service Customer Experiences

TechCrunch covers MindTouch’s successful $12M funding round, led by PeakSpan Capital and with participation from SK Ventures and SAP SE.


forbes magazine logo

How To Impress A Venture Capitalist: 12 Prominent VCs Share What Gets Their Attention

Forbes Magazine spoke to a dozen VC firm founders and partners to get their wisdom on what it takes for companies to make a great impression on the VC circuit. PeakSpan co-founder Phil Dur contributed this advice on showing how it all stitches together: “I am always impressed by entrepreneurs who can articulate a compelling…


Oaky Raises $9.5 Million in Series A Funding

Oaky has closed a $9.5 million Series A financing round, led by PeakSpan Capital.


Cordial Achieves AWS Retail Competency Status

Cordial, a next-generation messaging platform that uses real-time data to send personal, relevant, and emotionally intelligent messages, announced that it has achieved Amazon Web Services (AWS) Retail Competency status.


Old World Meets New: Pursuing a Software Enabled and Entrepreneur Centered Approach to Growth Equity

When rich, highly accurate and curated pipeline is provided automatically to a growth equity firm through the application of technology, exciting opportunities become available. A technology-enabled model elevates prospect identification and cultivation from a largely manual process by a firm’s most junior team members into the hands of experienced, senior Partners.


Jonas Construction Software’s Latest Integration with XOi Technologies

Jonas Construction Software is pleased to announce its integration with XOi Technologies. Through XOi’s use of machine learning and artificial intelligence, this new partnership will allow our service clients to capture critical job content on site in real time, as well as improve communication and collaboration between the office, technicians, and customers.


Fintech Startup Qwil Raises $24.4 Million in Equity and $200 Million in Debt

Qwil, a startup that provides financing to freelancers and small businesses, has raised $24.4 million in equity and $200 million in debt funding from investors including Jefferies Financial Group Inc, the company said on Wednesday.


Luma Health Selected as Greenway Health Marketplace Partner, Enabling Comprehensive Health IT Solutions

Luma Health, the only total patient engagement platform, today announced it has joined the online Greenway Marketplace of value-added partners for users of Greenway’s integrated electronic health record (EHR) and practice management solutions.


Ottawa Business Journal: Smart money’s on MindBridge Ai

Ottawa Business Journal’s Jim Sali has written a feature on Mindbridge Ai and their most recent funding round led by PeakSpan Capital.


Kenna Security Names Terry Murphy as Chief Financial Officer

Kenna Security, the enterprise leader in risk-based vulnerability management, named Terry Murphy as Chief Financial Officer. Murphy is an accomplished finance leader who has served as a CFO for the past 17 years with his most recent post in the cybersecurity industry.


Inference Solutions Wins Best in Biz Award for Most Innovative Product of the Year – SMB

Inference Solutions, a global provider of Intelligent Virtual Agents (IVAs) for sales and service organizations, today announced that the Inference Studio platform has won a Best in Biz Award for Most Innovative Product of the Year – SMB.


JNRI named as one of BusinessCloud UK’s top 100 eCommerce Trailblazers

PeakSpan partner JNRI has placed #14 on BusinessCloud’s ranking of the top 100 UK-based eCommerce trailblazers for 2019.