We're halfway through the year, but funding for Tampa Bay startups doesn't seem to be slowing down any time soon. We've rounded up all the funding deals from June which soared into the multi-million mark.
• Investment groups Florida Funders and Angel Bridge Investors teamed up to give $1 million to VuPulse, a digital marketing platform in Boca Raton. The company received $1.04 million from the two groups in a Series A funding round on June 4. The round had initially kicked off in June 2018 with New World Angels investment group giving $587,500 to VuPulse.
• Venuetize Inc., a Tampa mobile technology company with a speciality in sports, sold $1.25 million worth of stocks for the company on June 7. The company specializes in streamlining arenas to make sporting and concert events easier for fans. It sold a chunk of its company after initially putting up $4.5 million of the company to be sold, according to an SEC filing.
• On June 12, KnowBe4 announced a $300 million investment from private equity firm KKR that put them over the $1 billion mark.
“We built KnowBe4 to serve an important market need and it’s very, very gratifying to have reached this milestone as evidence that we’re doing what we set out to do,” Stu Sjouwerman, CEO of KnowBe4, said in a statement. “The relationship we started with KKR earlier this year has been fruitful for both of us.”
• Also on June 12, Actio Analytics received just over $20 million, according to an SEC report. The SaaS company is Tampa-based with connections to Ontario, where founder Kevin MacNeill reportedly works. According to the filing, the investment came from 25 investors.
• St. Petersburg startup SavvyCard has secured yet another million in its latest funding round.
SavvyPhone LLC, the tech LLC which oversees SavvyCard, received $1.5 million June 14, according to an SEC filing. The company, with a focus on helping business professionals develop sales leads, previously received $200,000 in April 2018 and $1 million in 2016, respectively. The latest funding amount was raised by 23 investors, according to the filing.
