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Neeva Inc. to shut down consumer search engine

Neeva Inc. to shut down consumer search engine
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
May 23, 2023

What We're Reading

  • Neeva Inc. to shut down consumer search engine and products to focus on artificial intelligence [BizJournals]
  • Cadillac to unveil the all-electric Escalade IQ in late 2023 [TechCrunch]
  • Venmo targets young consumers and parents with new teen accounts and debit card [TechCrunch]
  • Chinese agency claims U.S. chipmaker Micron poses national security risk [Axios]

Trending Companies


Ownify, a company that provides a fractional homeownership program to help customers buy their homes, raises $7MM Seed from Lobby Capital.

Mortgages • San Francisco, CA • Post-Money Valuation


NewLimit, a company that develops medicines  to treat age-related diseases by reprogramming the epigenome, raises $40MM Series A from Dimension.

Biotechnology • Redwood City, CA • Post-Money Valuation


Myeloid Therapeutics, a clinical stage mRNA-immunotherapy company developing novel therapies for cancer, raises $73MM Series A from Hatteras Investment Partners.

Therapeutics • Cambridge, MA • Post-Money Valuation


BuildOps, a company that developed an all-in-one management software intended for the modern commercial specialty contractor, raises $50MM Equity Funding from Fika Ventures.

Enterprise Software • Santa Monica, CA • Post-Money Valuation, a company that provides a Universal Zero Trust platform designed to help organizations increase visibility from campus to cloud, raises $6MM Seed from Tola Capital.

Network Security • San Jose, CA • Post-Money Valuation


Instawork, a provider of a platform for connecting businesses with skilled hourly workers, raises $60MM Series D from TCV.

Recruitment • San Francisco, CA • Post-Money Valuation


Restaurant365, a company that developed an all-in-one restaurant enterprise management software, raises $135MM Equity Funding from KKR.

Enterprise Software • Irvine, CA • Post-Money Valuation


Tough Commerce, a company that developed a white-label commerce platform tailored for industry-specific workflows, raises C$2MM from Ronald Richardson.

Software • Ontario, Canada


Moon Surgical, a developer of robotic surgery technology intended to augment the precision of laparoscopy surgery, raises $55.4MM Equity Funding from Sofinnova Partners.

Health Care Technology • San Carlos, CA • Post-Money Valuation


Kelvin, a provider of cost-effective cooling solutions for legacy buildings, raises $30MM Series A from 2150.

HVAC • Brooklyn, NY • Post-Money Valuation


Since last week, PrivCo has added or updated:
1,367 Companies | 150 Funding Rounds | 108 M&A Deals


Rad Golf, a developer of hardware devices intended to improve the performance of golfers, raises $2MM Seed from undisclosed investors.

Golf • Scottsdale, AZ • Post-Money Valuation

Paradromics, a company that developed a data-rate brain-computer interface technology designed to increase the data transmission rate between brains and machines, raises $33MM Series A from Prime Movers Lab.

Medical Devices • Austin, TX • Post-Money Valuation


Azteco, a firm that develops and operates consumer bitcoin platform, raises $6MM Seed from Jack Dorsey.

Cryptocurrency • Santa Monica, CA • Post-Money Valuation


BiomeSense, a platform developer for integrated biosensor and bioinformatics, raises $3MM Equity Funding from Bluestein Ventures.

Health Care Technology • Chicago, IL • Post-Money Valuation


Groopit, a company that developed an enterprise SaaS platform designed to crowdsource insights from employees and use that data to solve complex problems, raises $3.5MM Seed from WestRiver Group.

Enterprise Software • Seattle, WA • Post-Money Valuation


Hallow, a company that developed a prayer and meditation app, raises $50MM Series C from Goodwater Capital.

Consumer Software • Chicago, IL • Post-Money Valuation


Addtronics acquires Bow Robotics, a firm that provides spare-parts, rebuild & repair services.

Support Services • West Chester, OH • Deal


Hyperion Materials & Technology announces an agreement to acquire Dura-Metal Products, a firm that manufactures and distributes wear- and corrosion-resistant precision tools.

Industrial Products • Irwin, PA • Deal


Silver Lake invests in ProService, a company that provides human resources services.

Human Resources • Honolulu, HI • Deal


GTreasury, a treasury, payments and risk management platform provider, receives a majority investment from HgCapital.

Fintech • Buffalo Grove, IL • Deal

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