A Round-Up Of Last Week's Exciting Funding Rounds
Eliq - €5M in Series A
In their own words: The Eliq customer engagement platform and apps brings utilities all over the world closer to their customers. End-customers gain total control of their consumption resulting in 10x engagement, reduced churn, cost-to-serve and increased in-app upselling.
Founded in 2008 by Håkan Ludvigson, Joakim Fischer, Olof Hartelius, Joakim Botha and Joakim Ottander, this Swedish SaaS company has created a platform that allows energy companies to accelerate into the energy-as-a-service model and ditch the outdated traditional business model. As we all try to create a greener world and many countries aiming for zero net emissions in the foreseeable future, technology such as Eliq’s is a way of allowing everyone to play their part on decreasing their energy consumption.
With a number of progressive utility companies already partnered with Eliq across Europe they seem to have a great springboard for further success and here at Resst we look forward to watching how the next phase of growth will go!
Netdata - $31.2M in Series A
In their own words: Netdata democratizes monitoring, empowering IT teams to know more about their infrastructure, enabling them to quickly identify and troubleshoot issues, collaborate to solve problems, and make data-driven decisions to move business forward.
Founded by Costa Tsaoussis in 2018, Netdata’s open source software is helping IT professionals with monitoring everything within their company’s infrastructure allowing them to troubleshoot slowdowns and anomalies in their infrastructure with thousands of metrics, interactive visualizations, and insightful health alarms.
They are currently hiring for various remote positions in Marketing, Product and Engineering to further capitalize on their success, the time ahead certainly looks bright for Netdata!
Spectrum Labs - $10M in Series A
In their own words: The online toxicity problem is massive, growing, and a huge strain on companies dealing with thousands of incidents per day with outdated tools. Spectrum Labs helps online platforms identify toxic content with a high degree of accuracy and quickly respond.
Founded by Justin Davis (CEO) and Josh Newman (CTO) in 2016, this San Fran Francisco based startup is helping to tackle the rising social problems that come along with the technological age such as Cyberbullying, Hate Speech, Scams/Spam and more. Working with industries such as Dating, Gaming, Marketplaces and Social Networks, they are using AI-Powered technology to help brands recognize and respond to any online toxicity in real time and across many languages.
We here at Resst will be keeping close tabs on this company to see how the next stages of growth will go, and ultimately who will jump on this platform to help the internet become a safer place for everyone.
Blueboard – $9.3M in Series A
In their own words: Transactional rewards like cash and gift cards have been the status quo solution forever, even though they’re not the most meaningful or effective way to recognize people. We’re changing that.
Headquartered in San Francisco, this employee rewards and recognition platform has just taken its total funding to $15M+. Founded by Taylor Smith (CEO) and Kevin Yip (COO) in 2014, Blueboard are tackling the idea of employees not feeling recognized or valued in the workplace, offering memorable experiences rather than transactional rewards to keep a company’s workforce motivated and engaged.
Having a good company culture is becoming more and more important in today’s world, especially for retaining your most valuable employees, and we look forward to seeing how Blueboard will capitalize on the need for strengthening culture and employee engagement.