Weekly refresh: Several major fundings and Super League Gaming’s acquisition

by Sophie Kalt
June 17, 2019
as
photo via vidmob facebook

Sunbit raised a $26 million Series B. The LA-based financial technology company uses machine learning to personalize financing options. Sunbit intends to use the funds to expand across retail markets including eyewear, dental and veterinary services. [Built in LA]

Spring Labs raised a $23 million Series A. Spring Labs has various blockchain-based offerings, all dedicated to keeping financial institutions’ data secure. Spring Labs is headquartered in LA and is currently hiring for roles in operations, IT, business development and engineering. [Built In LA]

AppOnboard acquired Buildbox, to break down barriers of entry into the gaming industry. AppOnboard has raised a total of $34 million and has offices in Los Angeles, San Francisco, Seattle and London. [Built In LA]

VidMob raised $25 million in venture capital. The new funds will to be used to expand its Agile Creative Studio Platform, a toolkit used to transform video advertising. AllBirds, Spotify and Mountain Dew are a couple big names using VidMob for video content. [Built In LA]

Unilever invested $12 million in influencer marketing software provider CreatorIQ. Unilever's venture capital arm, currently uses CreatorIQ’s software to track its influencers and campaigns, as do other major brands like Airbnb, Disney and Ralph Lauren. CreatorIQ will use the new funding to grow its team and receive more data. [Talking Influence]

Sweetgreen acquired Galley Foods to ramp up its tech efforts. Sweetgreen, the LA-based restaurant brand, acquired meal delivery company Galley Foods. The acquisition will help Sweetgreen leverage Galley Foods’ logistic technology and expertise. [NRN]

Super League Gaming acquired Framerate for $2.5 million. The e-sports platform acquired Framerate in $1.5 million in cash and $1 million in stock. Super League Gaming went public this year. [Venture Beat]

Sure raised a $23.1 million Series B. This Santa Monica-based company provides personal, travel and business insurance on-demand. Tesla and Chubb are two of Sure’s customers. Sure plans on growing and developing its technology with the new funds. [Built In LA]

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