Thrasio Secured $500M, Own Up Got $12M, and More Boston Tech News

Plenty of innovative platforms are anticipating new developments following last week’s funding. Read more about what’s new in the Boston tech space.

Written by Ashley Bowden
Published on Jan. 19, 2021
Thrasio Secured $500M, Own Up Got $12M, and More Boston Tech News
own up
Patrick bOYAGGI, CEO AND FOUNDER OF OWN UP. | Photo: fACEBOOK

Plenty of innovative platforms are anticipating new developments following last week’s funding. Read more about what’s new in the Boston tech space. This is the Built In Boston weekly refresh.

Jellyfish secured $31.5MIts platform allows users to align engineering work with business objectives. With the new Series B funding led by Insight Partners, the company is looking to scale its consumer base and further its mission of helping engineers become strategic business influencers. After doubling the size of its team last year, Jellyfish is currently hiring for more positions across all of its departments. [PR Newswire]

Thrasio raised $500MThe company has garnered over $1 billion in funding following its debt facility. Based in Walpole, the online retailer acquires brands on Amazon and increases the profitability of their products. The fresh capital will enable Thrasio to acquire more sellers, further its M&A strategy and invest in the launch of new products. [Built In Boston]

Boston Tech Quote of the Week

“Now more than ever, we see huge demand from businesses of all sizes, from very small to enterprise, that need the agility and efficiency of the no-code airSlate platform to drive their business. The no-code revolution is only beginning and the additional funding will help power our team to innovate even more quickly, providing seamless business automation and best-in-class functionality for our customers.” —airSlate’s CEO Borya Shakhnovich

airSlate pulled in $40MIts no-code platform works to make building, deploying and sharing back-office processes simple for users with minimal tech expertise. The funding round was led by Morgan Stanley Expansion Capital and brings airSlate’s total funding up to $80 million. The money will go toward expanding its platform’s international use and supporting sales and marketing efforts. [Built In Boston]

Reggora got $30MWith its two-sided automation platform, the startup is aiming to make two-day appraisal times a reality for mortgage lenders and appraisal vendors. The Series B round was led by Spark Capital and brings Reggora’s total venture funding to over $45 million. The new capital will help national expansion, investment in new tech integrations and increase its staff in customer success, engineering, product and more. [Built In Boston]

Own Up secured $12MOn its mortgage marketplace platform, customers can maintain all confidentiality as they receive customized market data and verified loan offers. The company’s recent funding round was led by Brand Foundry Ventures and will enable Own Up to invest in its tech and grow its customer success team. [FinSMEs]

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