#15 -SPECIAL EDITION: Venture Updates!
#15 -SPECIAL EDITION: Venture Updates!
A newsletter containing curated entrepreneurial focused content for innovators, founders and investors.
Welcome to this week’s StartOP newsletter! We’re shifting from our usual content to check in on how past featured companies have progressed. We are featuring 3 companies this week that are actively fundraising and highlighting 2 companies which have just closed their seed rounds. Make sure to subscribe and email us if you know a startup that should be featured in a future newsletter!
Actively Fundraising
Founders: Madison Rifkin, Rishab Nayak and Matt Langham
Ask: Raising at a $3 million valuation cap (FOR THE NEXT 24 HOURS ONLY, then goes up to $3.5 million valuation*) through a SAFE on WeFunder. Be one of Mount’s first investors, with a minimum investment requirement of only $100! Invest here: https://wefunder.com/mountscooters.
Company Overview: Mount has developed a smart lock system that can be integrated into scooter fleets to allow more convenient vehicle storage, increased security and improved vehicle tracking. Check out the article on Mount HERE!
Founders: Nicholas Myers, Michelle Chao, Anthony Balladon and Tomas Villalon Jr.
Raise: Actively fundraising their Series A round. Email us @ startopnewsletter@gmail.com if you’re interested in potentially investing!
Company Overview: Phoenix Tailings is developing technology which will enable the mining industry to achieve higher output, stronger economics and long term sustainability. Check out the article on Phoenix Tailings HERE!
Founders: Danny Walsh and Carl Bailey
Raise: Raising 500k seed round at undetermined valuation. Email us @ startopnewsletter@gmail.com if you’re interested in potentially investing!
Company Overview: Peak State has developed their own proprietary process for infusing their sustainably grown and sourced coffee beans with botanical extracts from functional mushrooms. Check out the article on Peak State HERE!
Closed Seed Rounds
Founders: Keith Corso
Raised: $2.5 million seed financing round co-led by Lily + John (Underscore VC) & Cyan + Lee (Long Journey Ventures) along with participation from founders and operators such as Paul, Andrew, Minal, Hadar, Kendall, Mike, Kyle, Soona, Sahil, and others.
Company Overview: BusRight is digitally transforming the antiquated $25B school bus industry through efficient bus routing, dynamic driver navigation and real-time parent communication technology. Check out the article on BusRight HERE!
Founders: Peter MacDonald and Joseph Schnare
Raised: $3 million seed financing round led by Spark Capital with participation from Boston Seed Capital, MarshBerry, Beyond Insurance, The ABD Team, Openly, York International Agency, LLC, Heffernan Insurance Brokers, Greg Kingdon, Trustco Insurance, BrokerTech Ventures, and BCP Tech along with Douglas MacDonald / Murray and MacDonald Insurance Services, Inc.!
Company Overview: Wunderite is a data exchange platform that aims to bring efficiency to the commercial insurance marketplace, transparency to stakeholders, and actionable insight to decision makers. Check out the article on Wunderite HERE!
Opportunities
Internships
Algorand — Technical Product Manager Intern
Sym — Engineering, Product, Design
Full-time
Algorand — Executive Assistant, Software Engineer, and more
Chewy — Project Manager, Backend Engineer, and more
Jellyfish — Product Leader, Designer, and more
Righthand Robotics — Engineer, Director of Operations, and more
Soofa — Business Development, Customer Success Manager, and more
Sym — Engineer, QA, Designer, and more
Toast — Chief Architect, Web Strategist, and more
* About Mount Fundraising
1. That no money or other consideration is currently being solicited, and if sent in response, will not be accepted; 2. That no offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement is filed and only through an intermediary’s platform; and 3. That a person’s indication of interest involves no obligation or commitment of any kind. "