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Kodo raises $8.75 million in seed capital - The Hindu BusinessLine

May 27, 2021 To utilise funds for its accelerated growth plans. Kodo, a corporate card start-up, has raised $8.75 million in seed capital from a slew of investors, including Brex, Goat Capital, Pioneer Fund and other Silicon Valley investors. Kodo was part of the winter 2021 batch of Y-Combinator. It was launched in 2019 with a mission to put a Kodo corporate card in the hands of every founder in India. It will use the funds raised to strengthen and expand its team across engineering, product,...
Deepti Sanghi Henrique Dubugras Pioneer Fund Goat Capital Silicon Valley Kodo Pay

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Base10 Partners Raises Advancement Initiative to Grow HBCU Endowments and Catalyze Wealth Creation

Building on their VC Diversity Pledge, Base10 Partners announces today that it has raised a new $250M fund with the mission of aligning the success of technology companies with wealth creation for underrepresented minorities. The Fund, known as the Advancement Initiative, is investing in leading pre-IPO startups and donating 50% of the fund's carried interest, directly to Historically Black Colleges & Universities (HBCUs) to create student scholarships and support university endowments...
United States North Carolina Frank Bello Adeyemi Ajao Luci Fonseca Kelsey Cullen
Source: yahoo.com

This $250 million growth fund will divert half its profits to historically black colleges and universities – TechCrunch

This $250 million growth fund will divert half its profits to historically Black colleges and universities There’s been a lot of talk about racial equality in the year since George Floyd was murdered in Minneapolis, but achieving it is far easier said than done given the current state of affairs. Consider: According to the U.S. Government Accountability Office, historically Black colleges and universities have $15,000 on average in endowment per student, while comparable non-HBCUs have $410,0...
United States Luci Fonseca Jamison Hill George Floyd Carolinaat State University In Greensboro Advancement Initiative

Corporate card provider Kodo raises $8.75 mn seed from slew of investors

Corporate card startup Kodo has raised $8.75 million in seed capital from a slew of investors including Brex, Goat Capital, Pioneer Fund and other Silicon Valley players. It will use the funds raised to strengthen and expand its team across engineering, product, sales, credit and operations, and to support its accelerated growth plans. The startup which was part of the winter 2021 batch of Y-Combinator was launched in 2019 with the mission of putting a Kodo corporate card in the hands of ever...
Deepti Sanghi Henrique Dubugras Pioneer Fund Goat Capital Silicon Valley தீப்தி சங்கி

LatAm-focused corporate spend startup Clara raises $30M months after its last round – TechCrunch

This morning Clara announced that it closed a new, $30 million funding round and secured a $50 million revolving debt facility. The startup, which provides corporate cards to Mexican companies, raised funds earlier this year when it was busy launching its product. Since then, growth has proven rapid for the Mexico City-based company. TechCrunch learned […]
United States Gerry Giacom Mexico City Based General Catalyst ஒன்றுபட்டது மாநிலங்களில் மெக்ஸிகோ நகரம் அடிப்படையிலானது

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