Pieces Technology, a startup aiming to improve clinical and community health outcomes, has launched with a $21.6 million Series A funding round. Pacific Advantage Capital and Jump Capital led the investment, with participation from Children’s Health, Order of Saint Francis Healthcare System, PCCI and other Dallas investors. “We are so pleased to see the team at Pieces Tech reach this amazing milestone in its development and are excited for the future as the company works to address the needs of the healthcare system in the US,” said David Zezza, Managing Partner of PAC Partners.
Kenandy, an enterprise resource planning solution, has raised a new round of venture funding worth $11.5 million. The company has now raised a total of more than $55 million. Kleiner Perkins Caufield & Byers (KPCB), Lightspeed Venture Partners, Salesforce Ventures and Wilson Sonsini Ventures all participated in the round. “Salesforce Ventures has invested in Kenandy and other strategic partners who empower businesses to focus on running their company rather than their software,” said John Somorjai, EVP, Corporate Development and Salesforce Ventures, Salesforce. “Kenandy has developed an ERP that quickly adapts to business process changes enabling rapid innovation and implementation.”
HighGround, an employee engagement platform, has secured $7.6 million in Series A1 financing. KDWC led the round, with additional investment from existing investors including Columbus Nova Technology Partners and Lightbank. HighGround has now raised more than $19 million. “HighGround’s offering is incredibly well-timed with market demand,” said KDWC partner, Chris Capps. “Businesses are craving new solutions that increase employee engagement levels and modernize performance management communication within a corporation. The platform boosts productivity, morale and employee satisfaction levels. HighGround is a powerful cloud platform. We are excited to collaborate with them as they build a world class product suite that will revolutionize how employees interact with management and each other day-in and day-out.”
Cummulus Funding, a consumer finance company, has closed a $6 million equity funding raise. The startup has also secured a $25 million debt financing facility. Continental Investors led the equity funding, with support from HC Technologies, D-W Investments, Bridge Investments and Service Provider Capital and existing investors. “Over the last 15 years, Continental has developed a deep domain understanding in the non-bank financial market. Non-bank consumer finance products have been starved for innovation for decades. We are incredibly impressed with the ISA product developed by Nathan Popkins, Adam Ginsburgh and the team at Cumulus,” said Paul M. Purcell, Manager of Continental Investors. “It is a totally novel, pro-consumer offering that practically solves for the liquidity requirements of those most in need.”