Fueling the Future: Seed rounds, acquisitions, grants, and other investments.
October 22, 2020
The pandemic has hit musicians hard, but Indy startup Mandolin offers a livestreaming platform that could bring some relief to performers and to the industry. The High Alpha portfolio company has just raised $5 million in a seed round to help it grow. Marc Benioff, the founder and CEO of Salesforce, also participated in the round, along with some leading SaaS angel investors.
Columbus-based Bold Penguin (which is not afraid to say it’s the “largest commercial insurance exchange in the known universe”) has acquired InsurTech company RiskGenius, headquartered in Overland Park, KS. Bold Penguin says the RiskGenius team and AI-driven tech will “supercharge” its own SaaS platform.