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Intelligence

Justworks raises USD33m in Series C funding

Justworks has raised USD33 million in a Series C funding round led by Redpoint Ventures with participation from existing investors Bain Capital Ventures, Thrive Capital and Index Ventures. The round brings Justworks’ total funding to USD53 million. The company will use its current funding to invest in its core technology and

EZBob secures GBP20m Series C investment round led by Bank Leumi and Oaktree

EZBob Ltd, which trades as business e-lenders Everline and EZBob, has closed a Series C investment round with a GBP20 million equity investment from Leumi Partners, the investment banking arm of Israel-based Bank Leumi, and funds managed by existing investor Oaktree Capital Management. This latest investment round provides EZBob Ltd.

Wisequity IV closes at hard cap of EUR215m

Wise SGR has closed Wiseequity IV at the fund’s hard cap of EUR215 million in equity commitments. The fundraising was completed in under 6 months following strong demand from both existing and new investors. Italian institutional investors accounted for approximately 25% of the total commitments, while international investors, both from

Pivotus Ventures expands leadership team

Pivotus Ventures has hired Janina Lieser and Raj Bhandari as Entrepreneur in Residence, Dr Andrew Eichenbaum as Chief Data Scientist and Joshua Sortino as Head of Design. All will work directly with Managing Directors Steve Gotz and Oren Goldschmidt to advance bank innovation and customer experience.   “Janina, Raj, Andrew

Mucker Capital launches USD45m seed-stage VC fund

Mucker Capital has launched Mucker III, a USD45 million seed-stage venture capital fund which will invest in Internet-enabled software and services startups, with a focus on companies based in the greater Los Angeles area. The fund will support seed-stage venture investments as well as pre-seed investments via MuckerLab, the firm’s

Handshake 2

Giuseppe Mirante joins HIG Capital as MD

HIG Capital has appointed Giuseppe Mirante as Managing Director of Bayside Capital, the firm’s distressed debt and special situations affiliate. Mirante, who has over 15 years of private equity and distressed debt experience, will be based in London. Prior to joining Bayside, Mirante was Head of Distressed and Loan Research

FundCount Mike Slemmer

FundCount appoints investment technology veteran Mike Slemmer in leadership role

FundCount, a Boston-based provider of investment management, general ledger and partnership accounting software for single and multi-family offices, fund administrators, hedge funds, private equity and related investment firms, has appointed Michael Slemmer CFA (pictured) as Chief Operating Officer for the Americas. With over 30 years of experience in investment technology,

Energist Medical Group buys part of Chromogenex

Westbridge Capital portfolio company Energist Medical Group has bought part of Chromogenex Technologies Limited, the Llanelli-headquartered business that recently went into administration. Swansea-based Energist has acquired global rights outside the USA to the Chromogenex name and a range of well-recognised i-Lipo brands and products established by Chromogenex over the past

Audax Private Equity to recapitalise Gastro Health

Private Equity is to recapitalise Gastro Health PL (Gastro Health), a gastroenterology physician practice management company with 21 centres across South Florida. Gastro Health was founded in 2006 with the merger of GI Care Center, Gastroenterology Associates, and Gastroenterology Group. The company has acquired 16 new centres and on-boarded over

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