First Republic Bank (NYSE:FRC), today announced it has acquired Gradifi Inc., a Boston-based student loan repayment technology platform to assist the nation's 44 million student loan borrowers.
Gamer Sensei, the online mastery platform for competitive gamers, today announced the acquisition of DotaCoach.org, an on-demand coaching service for players of Dota 2. The combination of the two companies creates the world’s largest community of professional Dota 2 coaches dedicated to helping competitive gamers win more. Terms of the deal were not disclosed.
Clearsurance, a Newburyport, MA-based crowdsourced insurance industry review and rating platform, has launched with $2m seed funding.
The round was raised in August 2016.
The company is using the proceeds to launch and continue to develop the platform as well as to expand operations.
Lovepop, a 3D design firm reinventing the greeting card industry, today announced a Series A investment of $6 million led by Ryan Moore of Boston VC Accomplice. Notable Lovepop investors include Shark Tank’s Kevin O’Leary, Niraj Shah of Wayfair, Bob White of Bain Capital, and Wayne Chang of Crashlytics and Twitter.
Follett Corporation, a global leader in education and entertainment content distribution, today announced it has acquired Valore Inc. and the ValoreBooks marketplace solution for students and bookstores to buy, sell and rent college textbooks online. Combining the convenience of the ValoreBooks marketplace with the scope and capabilities of Follett will provide campus stores and students greater access to more affordable course material options. Terms of the transaction were not released.
Fantasy sports technology companies DraftKings and FanDuel today announced they have entered into a merger agreement. The transaction is expected to close in 2017. Financial terms were not disclosed.
Sandbox Partners announced today the acquisition of “edutainment” network FEN (Family Education Network) from Pearson, the world’s leading learning company. FEN has one of the largest integrated digital audiences of children, parents and teachers totalling 25 million visits per month.
As reported by BostInno, Fasten in Boston has raised $10M in funding led by Almaz Capital and UFG Capital. Fasten is a ridesharing company with operations in two markets, Boston and Austin... READ MORE
Per Christian Allen's (GetHuman's CEO) blog post on Medium:
Nutshell: $3m in investment from Founder Collective and NextView Ventures helps us help more distressed customers.
CollegeVine, the fast-growing EdTech startup specializing in high school mentoring for college applications, has closed a $3.1 million Series A funding round led by Morningside Technology Ventures ("Morningside") with participation by New York-based University Ventures.
Morningside is a private equity and venture capital firm. Gerald Chan, its co-founder, has joined CollegeVine's Board of Directors. University Ventures is a specialty venture capital fund that exclusively focuses on promising ideas in the higher education space.