Avalara nabs nearly $1B in debt securities to fuel growing tax compliance software business

Avalara nabs nearly $1B in debt securities to fuel growing tax compliance software business

Seattle-based Avalara is getting a big cash injection as its business continues to benefit from the e-commerce boom and increasing regulatory obligations. Avalara said last week that it added $ 959.9 million to its cash balance after issuing short-term debt in the form of convertible senior notes. The money will be used to support the … Read more

Sivo, a young “Stripe for debt” led by a veteran operator, seems to have investors clamoring – TechCrunch

Sivo, a young “Stripe for debt” led by a veteran operator, seems to have investors clamoring – TechCrunch

Kate Hiscox has a moment. Her company, Sivo, which was founded eight months ago, has already raised $ 5 million from investors with a post-money value of $ 100 million. She is in active conversation with others who would like her to consider accepting Series A funding from them. Part of the attention is owed … Read more

After raising $150 million in equity and debt, Nature’s Fynd opens its fungus food for pre-orders – TechCrunch

After raising $150 million in equity and debt, Nature’s Fynd opens its fungus food for pre-orders – TechCrunch

Nature’s Fynd, the food technology company with a new range of foods grown from mushrooms in the wilds of Yellowstone National Park, is making its first products available for pre-order. Nature’s Fynd had managed to attract some serious investors, including Al Gore’s Generation Investment Management and Bill Gates-backed mutual fund Breakthrough Energy Ventures. The company … Read more