The Boston tech scene kicked off 2022 with a busy week packed with promise and opportunity. Read on to see what you might have missed. This is the Built In Boston weekly refresh.
Ianacare gained $12.1M. The Boston-based caregiving support startup landed $12.1 million in a Series A funding round led by Greycroft. The app helps families performing caregiver duties access resources. It is available to users for free and can be provided through employers and healthcare plans. The company is also growing and plans to increase its employee headcount from 7 to 25 over the year. [Built In Boston]
Corvus acquired Tarian. Corvus Insurance provides smart commercial insurance products powered by AI-driven risk data. The insurance provider acquired the London-based cyber underwriting platform. The acquisition also prompted a rebrand from Tarian to Corvus Underwriting Limited. [Corvus]
BOSTON TECH QUOTE OF THE WEEK
Liteboxer to enter the metaverse. Liteboxer is an at-home fitness platform that offers a tech-enabled punching bag. The company is entering the metaverse with a new virtual reality product, Liteboxer VR, a more interactive, virtual reality workout system. The new product will be available for purchase on March 3. [Built In Boston]
Paul English launches a new startup. The former co-founder of Kayak just launched Boston Venture Studio, a startup studio focused on consumer technology. The company already has five projects in the works. [Boston Business Journal]
Verb Data raised $3M. The customer-facing analytics company gained $3 million in funding in a round led by El Cap Holdings, as well as lead investors Stew Bradley and Kunal Tandon. The funding will go toward continuing to develop analytics tools that are specifically built for SaaS companies. The company also plans to expand its engineering team. [TechCrunch]
These 10 Boston companies raised a combined $7B+. The top tech fundings of 2021 are now in the books, and the total raised by the leading local companies more than doubled the previous year’s VC total. Names like Thrasio, Snyk and Transmit Security helped lead the way. [Built In Boston]
