Funding Roundup: Rose Rocket,...

Funding Roundup: Rose Rocket, DexCare, Alvys and Others Celebrate Fresh Investments

Jun 23, 2023

It has been a great couple of weeks for startups in the e-commerce, logistics and supply chain space. In this week’s Ecosystem Funding Roundup, we are thrilled to feature 6 of their notable achievements:

Alvys Seed Funding

Alvys, a US-based transportation management provider, operates a cloud-based system for small to midsize trucking and logistics companies, offering tools for dispatch, driver management, load movement, safety, and compliance. Alvys serves fleets with 300+ trucks and brokers handling 6,000+ loads monthly. They recently raised $6.3M in a seed funding round led by Bonfire Ventures, where the funding will support product enhancements and team expansion.

  • Year Founded: 2020

  • Founder(s): Nick Darman and Leo Gorodinski

  • Location: California, United States

  • Latest Funding: $6.3M Seed Funding

  • Lead Investor(s): Bonfire Ventures

Rose Rocket Series B Funding

Canadian-based startup Rose Rocket provides scalable solutions for trucking companies and 3PLs, enhancing collaboration, visibility, and efficiency in logistics. Their network-centric approach optimizes resources and streamlines supply chain management by unifying stakeholders on a single platform. With $38M in Series B funding led by Scale Venture Partners, Rose Rocket will expand into larger fleets and advance product development and network collaboration efforts.

  • Year Founded: 2015

  • Founder(s): Alexander Luksidadi, Justin Bailie and Justin Sky

  • Location: Ontario, Canada

  • Latest Funding: $38M Series B

  • Lead Investor(s): Scale Venture Partners

DexCare Series C Funding

DexCare, a patient demand platform, raised $75M in Series C funding round led by ICONIQ Growth. Their platform simplifies healthcare logistics, enabling health systems to forecast demand and optimize operational costs. DexCare serves over 57 million patients nationwide, aiming to expand access to care and ensure digital-care access. The funding will advance their platform to optimize health-system capacity and manage digital-care supply and demand.

  • Year Founded: 2021

  • Founder(s): Derek Streat and Sean O'Connor

  • Location: Seattle, Washington, United States

  • Latest Funding: $75M Series C

  • Lead Investor(s): ICONIQ Growth

Shoppable Business Pre-Seed Funding

Shoppable Business, a B2B e-commerce marketplace in the Philippines, aims to provide efficient digital procurement for businesses sourcing branded products and inventory. With a wide range of services, including marketing, sales support, logistics, and financing, Shoppable Business fills the gap in the market.  They raised $1.15M in a pre-seed funding round led by Foxmont Capital Partners and Seedstars International Ventures. The fresh capital will be used for business development, product enhancements , and market expansion in Southeast Asia.

  • Year Founded: 2022

  • Founder(s): Sam Blanquera, Chris Blanquera and Carlo Silva

  • Location: Makati, Poblacion, Philippines

  • Latest Funding: $1.15M Pre-Seed Funding

  • Lead Investor(s): Foxmont Capital Partners and Seedstars International Ventures

Goodbuy Gear Funding

GoodBuy Gear, an online resale marketplace for baby and kid gear, raised $14M in funding led by Interlock Partners and Revolution Ventures. The platform offers a safe and sustainable solution for recirculating quality-used products, addressing the market for unused baby and kid gear. GoodBuy Gear has experienced rapid growth, expanding its product verticals and partnerships. The funding will fuel the company's expansion as the leading brand in the baby and kid resale industry.

  • Year Founded: 2016

  • Founder(s): Kristin Langenfeld and Jessica Crothers

  • Location: Arvada, Colorado, United States

  • Latest Funding: $14M

  • Lead Investor(s): Interlock Partners and Revolution Ventures

Rever Seed Funding

Barcelona-based startup Rever simplifies e-commerce returns with a seamless process and instant refunds. The platform aims to address the growing number of returns in the industry, processing returns in under 6 hours compared to the average 10 days in Europe. They recently raised €7.5M in seed funding led by YCombinator, Mundi Ventures, and Barlon Capital, supporting their global expansion and the introduction of AI-powered product recommendations.

  • Year Founded: 2019

  • Founder(s): Oriol Hernandez i Fajula and Màrius Montmany

  • Location: Barcelona, Spain

  • Latest Funding: €7.5M Seed Funding

  • Lead Investor(s): YCombinator, Mundi Ventures and Barlon Capital

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