Dealroom is the new way investors and tech companies are connected. They operate across all investment stages, from seed stage to late growth stage. Dealroom enables investors to track companies’ progress and await the right moment to step in. Entrepreneurs can control incoming investment interest more efficiently, and use Dealroom as their official channel for outgoing information to potential investors.
Dealroom launched in October 2013 and was set up by former investment banking and IT consulting professionals. It was created because the founders experienced first-hand, several challenges in venture capital intermediation. Most market participants will readily identify with the cold-calling, visiting conferences, scouting, courting between investors and entrepreneurs. They believe that huge efficiency gains can be achieved by adding a pinch of automation and transparency to the venture capital industry.
Scout24 accepts improved $5.5 billion (€4.9 billion) takeover offer from Hellman & Friedman and Blackstone. Including net debt, total enterprise value is $6.4 billion (€5.7 billion). The implied 2019 EBITDA multiple is 17x.
Flow Kana, a San Francisco-based sustainable distributor of sungrown cannabis, has just closed a $125M Series B round led by Gotham Green Partners. This is the largest private funding round for a private cannabis company in the US to date.
Learn more here: https://t.co/QaKMJZ7gzv
Overtime, a NYC-based digital sports media, has just closed a $23M Series B round led by Spark Capital. Other investors include Andreessen Horowitz, Sapphire Ventures, Melo7 Tech Partners, Macro Ventures and Baron Davis.
Learn more about Overtime here: https://t.co/of8zBc6EDu
Rapyd, a London-based fintech-as-a-service platform offering financial services through a single API such as payments, currency transfers or card issuing, has just closed a $40M Series B round co-led by Stripe and General Catalyst.
Learn more about Rapyd: https://t.co/7D3yKZTvR2