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Portland tech seed funds roundup

Vacasa raised $35 million; Fleet received $4 million; NurseGrid was granted $2.5 million.

Vacasa, a vacation rental company, announced a $35 million boost from a funding round led by Series A investor, Level Equity.

In making the announcement, Eric Breon, CEO and co-founder, said, “It’s a big vote of confidence for an investor of this caliber to embrace the Vacasa vision. So far, we’ve been successful in growing Vacasa without external capital. The new financing will help us accelerate our pace of expansion into markets and countries where we do not have a presence, giving our customers access to some of the most desirable destinations in the world.”

“Vacasa is truly disrupting the vacation rental market, combining robust technology with full-service marketing and property management to create a stress-free and consistent experience for both homeowners and guests,” said Ben Levin, founder and partner at Level Equity. “We’ve been impressed with the strong growth Eric and his team have achieved to date and we’re excited to work together to continue expanding Vacasa’s reach and offerings.”

(READ MORE: Business Wire)

Fleet, an online marketplace that connects businesses to freight forwarders, received $4 million in a seed funding round led by Hunt Technology Ventures.

“Fleet is expediting world trade by enabling millions of small and mid-sized businesses to easily move their goods,” said David S. Hunt – Managing Partner of Hunt Technology Ventures, L.P. “Fleet is the disruption that the international shipping industry has sorely needed for a long time. Using Fleet, the industry will turn from something that is complex and daunting, into a simple and streamlined transaction process.”

Fleet will use the funding to continue developing the Fleet platform, grow its team, and expand its user base of both shippers and freight forwarders. The platform will further enhance the customer experience for shippers by providing price quoting ability, financial transactions, and shipment status visibility.

(READ MORE: Business Wire)

Investors granted $2.5 million to NurseGrid, an online staffing and communication platform for nurses.

Along with sales and marketing, the funding could also help further develop the product, said Hank Smith, vice president of strategy and interoperability.

“This is one of the strongest, scrappiest and brainiest teams we’ve ever encountered in many years of investing in technology companies,” said Patrick Mathieson, venture investor at Toba in a written statement.

(READ MORE: Portland Business Journal)

Last modified onTuesday, 12 April 2016 10:34

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