Using a Toronto-based crowdfunding site to raise funds for your venture could be a great way to get started. Whether you’re looking to build a house, renovate your apartment, or launch a new business, you may be able to find the financing you need.
About TealBook
Located in Toronto, Canada, TealBook provides a supply chain data service. The company has a slew of partners in the e-procurement space, including Workday, JAGGAER, RapidRatings, and EcoVadis. In addition, the company has raised $73 million in funding led by Ten Coves Capital. The company has been named one of Spend Matters’ top 50 procurement providers to know, and recently announced a partnership with software providers JAGGAER and Workday. In the upcoming months, the company will introduce new partnerships, expand its team to fuel global expansion, and accelerate its data roadmap.
Unlike the slew of other companies in this space, TealBook has a solid grasp on the industry and an eye on the future. The company’s flagship offering is a cross-functional data gathering tool that eliminates the risk of product failure. It’s also a great way to improve operational efficiency. As such, the company has already attracted more than 4,000 customers. Moreover, the company is set to open an office in Dublin, Ireland, and is planning to expand its presence in Vancouver, Canada taylorsource.
It’s also worth noting that the company has an impressive portfolio of patents. In addition, it has garnered a number of awards, including a gold award for its supply chain technology. The company has also recently announced its entry into the e-procurement space, and has plans to build solutions for its SAP Ariba portfolio.
Terms of the deal
GE Capital recently set up a $12 million seed fund, which will focus on consumer internet companies. The fund has also teamed up with venture capitalist Charles Moldow to invest in a portfolio of startups.
A third fund, based in Darien, Connecticut, targets fintech firms. Longitude Venture Partners, L.P., founded by a team of Pequot Capital veterans, has announced that it has closed its first investment vehicle. The team includes principals Jeffrey Gold, Patrick Enright and Douglas Foster.
Thrive Capital, a new VC fund based in Atlanta, is also raising money to back a photo sharing service that it has invested in at a $500 million valuation. The deal could be worth as much as $420 million. Thrive’s founder Joshua Kushner, a son of prominent real estate developers, hails from the same family as Kushner Realty Group Inc. and has raised more than $76 million in three rounds of funding.
Other investors in the Garage Technology Ventures I fund include Silicon Valley Bank, Draper Fisher Jurvetson and Weisel. Other Ten Coves Capital investments have included TealBook, an e-procurement software firm that powers supplier data and plans to use the $50 million in expansion.
The Ten Coves Capital website is designed to provide information about their past and present portfolio companies and potential financing capabilities. However, it does not provide comprehensive descriptions of their investment activities. The company is governed by the laws of Delaware.
Investors
Investing in the financial services sector is undergoing a renaissance, with new companies coming out of the woodwork every day. A leading venture funding investor is Tiger Global Management, with a portfolio of over 372 companies. The company is a mix of hedge fund and private equity investors. It has a focus on private companies in China and India.
Another example is TealBook, a Toronto-based company that specializes in supply chain data. It recently raised $50 million in Series B funding led by Ten Coves Capital. Its technology powers e-procurement and supplier data solutions. The company plans to use the funding to accelerate its data roadmap. It has also introduced a number of partnerships with other companies. Currently, it is used by more than 4,000 customers.
Ten Coves Capital is an investment firm that has decades of experience in helping companies scale. The team has worked on a number of high-profile, strategically significant businesses. They are also on the lookout for the next big thing. The firm’s team is also known for their ability to rewire the financial ecosystem.
Conclusion
One of the latest investments from the firm is Genies, a company that provides a cross-functional data gathering tool. The product is already a cloud-based solution that is popular amongst consumers and business professionals. The startup has generated more than 50 million in funding and will use its funds to push its blockchain-based strategy forward naukri24pk.
