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Snap shutters its enterprise services division

Snap shutters its enterprise services division
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
September 28, 2023

What We're Reading

  • Snap shutters its enterprise services division after less than a year [TechCrunch]  
  • Was tech’s ‘bull run’ simply a temporary surge? [TechCrunch] 
  • Elon Musk’s X removes general option to report misleading info about politics [TechCrunch] 
  • Fintech actually has a value system: Here’s how we can reclaim it [TechCrunch] 

Trending Companies


Giftpack, a company that developed an AI powered corporate personalized gifting platform, raises $4.3MM Seed from Chang Hai Lin.

Artificial Intelligence • New York, NY • Post-Money Valuation


Rain, a provider of aerial wildfire containment technology that helps fire agencies more rapidly suppress wildfires during the earliest stages of ignition, raises $9.7MM Seed from DBL Partners.

Safety • Alameda, CA • Post-Money Valuation


Diligent Robotics, a company that developed a robot which assists clinical staff with non-patient facing tasks, raises $25MM Equity Funding from Canaan Partners.

Robotics • Austin, TX • Post-Money Valuation


Rocket.Chat, a developer of an open-source communication platform designed to facilitate team collaboration, omnichannel customer service, and file sharing, raises $10MM Series A from Alexia Ventures.

Collaboration • Wilmington, DE • Post-Money Valuation


Secoda, a software developer of an AI-powered platform for data search, cataloging, lineage and documentation, raises $14MM Series A from Craft Ventures.

Artificial Intelligence • Ontario, Canada


NorthStar Care, a company that offers a comprehensive, next generation, virtual alcohol rehab program, raises $6MM Seed from Starting Line.

Rehabilitation • Gig Harbor, WA • Post-Money Valuation


Canid, a provider of vaccine automation and management platform, raises $1.5MM Equity Funding from SeedtoB Capital.

Automation • New York, NY • Post-Money Valuation


Mona Lee, a firm that offers AI-powered design solar installation for homeowners, raises $3.25MM Seed from Ludlow Ventures.

Artificial Intelligence • Boston, MA • Post-Money Valuation


EzPag, a company that provides lease-to-own financing solutions for cell phones, raises $10MM Debt Funding from undisclosed investors.

Payments • Miami, FL • Post-Money Valuation


Katalys, a developer of a commerce media platform that blends performance marketing, technology, content, and commerce, raises $5.4MM Seed from GreenAxs Capital.

Marketing • San Diego, CA • Post-Money Valuation



Genus Artificial Intelligence, a developer of a generative AI platform for D2C and e-commerce brands, raises $6MM Seed from Aleph Group.

E-Commerce • San Francisco, CA • Post-Money Valuation

Electrify Video Partners, a company that invests in Youtube channels, raises $85MM Equity Funding from Capital D.

Media • London, United Kingdom


Bolttech, a company that developed an insurtech platform that provides a technology-enabled ecosystem for protection and insurance, raises $50MM from LeapFrog Investments.

Insurtech • Singapore


Jokr, a grocery and retail delivery platform, raises $50MM Series D from Convivialite Ventures.

SaaS • Grand Duchy of Luxembourg, Luxembourg


Peregrine Hydrogen, a climate tech company that offers clean hydrogen without the green premium, raises $7.8MM Seed from Bidra.

Climatetech • Santa Cruz, CA • Post-Money Valuation

Roadzen, a company that offers an insurance platform designed to transform the auto insurance industry through AI, completes its previously announced business combination with Vahanna Tech Edge Acquisition I Corp.

Fintech • New York, NY • SPAC Deal


EQT to acquire Radius Global Infrastructure, an international aggregator of rental streams underlying wireless communications.

Infrastructure • Bala Cynwyd, PA • Deal


KaarTech acquires Dunn Solutions Group, a firm that offers digital commerce and business transformation consultancy services.

E-Commerce • Skokie, IL • Deal


MacLean Power Systems acquires Inertia Engineering, a firm that manufactures overhead, medium voltage switchgear, automation products and specialized equipment used in electric utility and grid automation applications.

Industrial Products • Stockton, CA • Deal


Trimlite acquires Francis-Schulze, a firm that distributes exterior door products and hardware.

Hardware • Russia, OH • Deal


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