News
BCVP led a $1.5M seed investment in Maryland-based Ferretly.
Ferretly helps organizations eliminate digital blind spots in hiring by assessing candidates’ online personas. Using artificial intelligence, the company’s platform helps talent teams to align candidate character to corporate values by surfacing a broad range of risk factors.
Venture capital firm Bull City Venture Partners has long been viewed as a dynamic duo led by its two founders, seasoned investment partners Jason Caplain and David Jones. But with the promotion of Michael Lee, who joined the firm in 2021 and was named to a principal role this month, it’s now a trio.
Triangle Inno spoke with Caplain and Lee about what expanding the leadership team means for the firm that's based in Durham, and what’s happening with the recently-closed Fund Four.
Levitate's oversubscribed $14M funding round will fuel growth of the company's Happiness Platform for relationship-based businesses
RALEIGH, N.C., April 27, 2023 /PRNewswire/ -- Levitate, the SaaS Happiness Platform started by former ShareFiIe founder Jesse Lipson, announced today that they have closed an additional $14 million of growth capital, bringing total fundraising to $40 million since inception. The Series C round was led by Bull City Venture Partners. BCVP has participated in all the financing rounds since inception.
We're thrilled to announce we closed our Series C financing round, raising $30 million to drive growth across the business and fuel our innovative solution for automotive dealers, Digital Servicing.
After introducing Digital Servicing in 2020 to support Dealers going mobile, we are excited to scale our investment in private label proprietary van upfit, Dealer branded app suites with iPhone and Android consumer apps, technician apps, and manager/customer service dashboards, plus best practice training.
Triangle startup Tiny Earth Toys has added another $1.6 million to its coffers – just in time for the holidays. It’s the second outside capital raise for founder Rachael Classi, who closed on $1.5 million to really roll out the concept in 2021.
Classi said that, just in the past two weeks, there’s been a “really big surge” in memberships as parents look for low-clutter ways to bulk up their kid’s toy chests this Christmas shopping season.
Read more here.
RALEIGH, N.C., Oct. 13, 2022 /PRNewswire/ -- GreenPlaces, the "sustainability for all" climate platform, announced that it has raised $4 million in seed funding led by Felicis, with participation from Bull City Venture Partners and a number of high-profile angel investors including Howard Lerman & Brian Distelberger (co-founders of Yext), Scot Wingo (founder of ChannelAdvisor), Jesse Lipson (founder of ShareFile), Todd Olson (founder of Pendo), Kyle Porter (Founder of SalesLoft), and Baker Shogry (former head of Product at Plaid). GreenPlaces has raised $5 million to date and will be using this fresh round of capital to double the size of the team over the next year.
GreenPlaces integrates with hundreds of common tools like Rippling, Workday, ADP, Netsuite, and Quickbooks, making sustainability reporting seamless, accurate, and less time intensive than other platforms. It connects to nearly all US energy, water, and natural gas utilities to give businesses full visibility into their emissions with half the effort. The platform analyzes the data it collects, and combines that with industry expertise to make personalized recommendations for businesses which allows companies the tedious process of manual data entry by connecting tools they already use.
Read more here.
We are excited to share the news that LaunchNotes, a company we seeded in 2000, raised a $15M Series A led by Insight with participation from Atlassian. You can read more about LaunchNotes here.
