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- It's a Hustle
It's a Hustle
Roaring 20’s are here (at least for now). It continues to be a busy and productive time for our Founders, both from fundraising and growing their business’ perspective. And with the world re-opening, it seems like the hustle has only begun. Or as the tweeters like to say, “nature is healing”! Below is a quick snapshot of the hustle at Social Leverage:
We sat down with Julian Alvarez, Founder and CEO of Logixboard (Fund III company) for our Social Leverage Foundersations No. 2. The conversation ranged from the business of Freight forwarding, their recent Series A fundraise, vision, plans for growth and much more!
RallyRd, a digital platform enabling and democratizing access into the collectibles market and our Fund III company, raised $30M in their Series B funding, led by Accel. With this new infusion of capital, they aim to expand into newer categories (like art, intellectual property, NFTs) and further invest in bolstering their regulatory and compliance infrastructure.
Nayya, an insurance benefits and management platform and our Fund III company, raised $37M in Series B financing. It was co-led by SVB Capital and ICONIQ Growth. The company has been on a stellar trajectory and aims to achieve 5x growth in sales and 3x growth in its customer base in the first half of the year. This latest round will further help Nayya with its staffing needs and investing in new features for its core offerings.
ProducePay, an online agritech marketplace and our Fund II company, raised $43M in Series C funding. It was co-led by G2VP, International Finance Corporation, and IDB Invest. The company plans to use this latest round of funding to expand its presence in Latin America, and also further build out its tech and sales capabilities.
Lastly, if you like interactions that are also thought provoking, then you will enjoy our introvoking conversation with Oana Manolache, Founder and CEO of Introvoke. The conversation was also hosted on the Introvoke platform, which is an embeddable solution that enables any business to host live experiences on their own website.