Here are the latest updates on the portfolio companies across the Vertex network. Get connected with us today – sign up for our monthly newsletter here.
Growth
- Ace Turtle (SEAI) provides omnichannel solution to retailers
- Axonius (IL) expands federal program via addition to DHS CDM APL & CAVP validation
- Binance (CN & SEAI) announces the acquisition of Swipe for its debit card launch
- Cymulate (IL & Growth) achieves SOC2 Type II compliance; hires Chief Revenue Officer to accelerate growth
- Housejoy (SEAI) plans to raise $35M for business growth; makes appointments in leadership team
- LaunchDarkly (US) shows attacks against travel-related websites are on the rise
- Payfazz (SEAI) is inching towards net profitability next year
- Pintec (CN) announces Industrial and Commercial Bank of China's successful implementation of its SME Risk Management Solutions
- Very Good Security (US) shares how today’s data security solutions are failing banks
- EasySend (IL) shares its simple and intuitive digital journey builder to improve efficiency
- Evisort (US) launches pre-signature module to help businesses get contracts signed fast
- Geek+ (CN & Growth) powers remote operations for Decathlon; launches coronavirus disinfectant bots; helps streamline Winit's warehouse operations
- Harusa (US) releases Hasura Cloud to accelerate development of modern applications
- KukuFM (SEAI) featured as one of the Indian apps benefitting from the TikTok ban; vernacular content apps targeting the next 1 billion users
- LeaseLock (US) unveils faster, simpler one-click insurance claims; hires VP of Product
- NIUM’s (SEAI & Growth) Instarem brings cash flow solution to Australia; expands Visa card issuance service in Europe
- Trigo (IL) to launch contactless grocery stores in Europe and Israel
Recognition
- Axonius (IL) recognized on the 2020 Emerging Vendors List
- ElevateBio (HC) discusses cell & gene therapy and tackling the complexities of manufacturing
- Gredu (SEAI) builds a platform for schools and parents to collaborate
- Licious (SEAI) hopes its bespoke supply chain will wow customers
- SoCash (SEAI) is cashing in on the idea of turning stores, supermarkets into ATMs
- Sunday (SEAI) named as one of the top insurtech startups in Southeast Asia in 2020
**Investments**
- Elevation Oncology (HC) emerges from stealth with USD 32.5M series A
- Harbour BioMed (CN) raises USD 102.8M in Series C to accelerate portfolio development
- Infinovo (CN), a glucose monitoring device developer, closed series B led by Vertex Ventures China
- Nucleai (IL) raises USD 6.5M in series A round towards transforming biomarker discovery and treatment decisions
- OwnBackup (IL) raises USD 50M to help companies with comprehensive data protection
- Payfazz (SEAI) gets USD 53M to give more Indonesians access to financial services
- SmartX (CN), hyper-converged infrastructure developer, completes series B+ and C rounds with USD 28M (article in Chinese)
- Seebo (IL) raises USD 9M to enhance its process-based AI solution to cut waste
- Taranis (IL & Growth) raises USD 30M, led by Vertex Growth
Partnership
- TurnKey Lender (SEAI) partners with airSlate’s e-Signature solution to streamline lending e-signing process
- Geek+ (CN & Growth) to implement largest rollout of AMRs in Australian e-commerce with eStore Logistics
- Harbour BioMed (CN) and Viva Biotech announce strategic collaboration to promote incubation of biotech startups
- HappyFresh (SEAI) and Dreamr provides healthy breakfast to primary school students; launches e-grocery service with Bukalapak
- Lechebang (CN) signs strategic cooperation agreement with PingAn Property & Casualty Insurance (article in Chinese)
- Yatra.com (SEAI) partners with Zaggle to offer integrated expense management solutions; diversifies its portfolio and enters edtech with upGrad
- Yotpo (IL) and UPS offer eCommerce Marketing Solutions to SMEs
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