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[Weekly funding roundup] Venture investments continue to remain on an upward trend

After a poor start, the month of May has ended on a positive note as the last week saw the total venture funding rise to $403 million. ....

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Sentieo Raises Series B Round

Sentieo is a San Francisco-based financial and corporate research platform provider. The company raised US$ 20 million in Series B funding. Ten Coves Capital led the round and was joined by investors including exisiting investors Centana Growth Partners and Studio Management. Ned May, a founder and Managing Partner at Ten Coves Capital, will join Sentieo’s […]
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Hoboken-Based 7shifts Sees Big Investment from Danny Meyer Affiliate for Restaurant Management Platform

May 27, 2021 at 12:19 PM
HOBOKEN, NJ - 7shifts, an innovative labor management platform for restaurants, has announced that it raised $21.5 million in Series B funding led by Enlightened Hospitality Investments (EHI), the growth equity fund affiliated with Union Square Hospitality Group (USHG).
Founded by restaurateur and industry visionary Danny Meyer in 1985, USHG operates some of New York City’s most beloved restaurants including Gramercy Tavern and Union Square Cafe. EHI was formed in 2016 to make strategic investments in best-in-class companies that have excellent management teams and corporate cultures. EHI’s investment follows a very successful implementation of 7shifts across USHG’s portfolio of cafes, bars and restaurants and will add EHI to 7shifts’ Board of Directors. The round also includes participation from existing investors Ten Coves Capital, Relay Ventures, and Conexus Venture Capital. ....

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7shifts Raises $21.5M in Series B Funding

7shifts, a Saskatoon, Canada-based labor management platform for restaurants, raised $21.5m in Series B funding.
The round was led by Enlightened Hospitality Investments (EHI), the growth equity fund affiliated with Union Square Hospitality Group (USHG), with participation from existing investors Ten Coves Capital, Relay Ventures, and Conexus Venture Capital.
The company intends to use the funds to continue scaling its team and expand its product offering, including deepening its capabilities in the core areas of scheduling and employee communication, accelerating technology integrations to provide a more holistic view of one’s business, and rolling out the next generation of tools purpose-built for restaurateurs and their teams. ....

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AI-driven financial research platform Sentieo raises Rs 146 crore in series B

AI-driven financial research platform Sentieo raises Rs 146 crore in series B
ANI |
Updated: May 26, 2021 12:07 IST
New Delhi [India], May 26 (ANI): Financial and corporate research platform provider Sentieo has raised 20 million dollars (about Rs 146 crore) in a series B round of funding led by Ten Coves Capital with participation from existing investors Centana Growth Partners and Studio Management.
Ned May, a founder and Managing Partner at Ten Coves Capital, will join Sentieo s board of directors. With this latest funding, Sentieo has now secured 62 million dollars (about Rs 452 crore) in total capital.
More than 1,000 clients around the globe including Schroders, Magellan Asset Management and Roivant Sciences rely on Sentieo to deliver the insights, speed and confidence they need to make informed strategic decisions. ....

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