Venture Capital Access Online | The eMarketplace for the Venture Capital Industry

 

Home

Marketplace
Database
News
Store
Resources
Contact Us

 

 

News


VENTURE CAPITAL DIRECTORY | PRIVATE EQUITY DIRECTORY

List of Venture Capital / Private Equity Firms and Sources
Published since 1998, VCPro Database is the most reliable, up-to-date and affordable venture capital directory

2021 NEW EDITION NOW AVAILABLE!
Buy Now for $119.95 with a free annual update in January 2022

Learn More or Buy Now

VCPro Database 2021 24th Edition -- a downloadable and searchable venture capital database with 6,500+ venture capital and private equity firms worldwide. The most reliable, up-to-date and affordable venture capital directory of its kind. VCPro Database is available in both Windows and macOS versions. It has been published since 1998. (Updated JULY 2021)

Learn More » or Buy Now »




Universal Shopping App nate Raises $38M to Expand Its Online Payment Solutions

NEW YORK, June 17, 2021-- Universal and streamlined shopping app nate raised $38M in a Series A round of funding led by Renegade Partners, with participation from Forerunner Ventures and existing investors Canaan Partners and Coatue. nate’s Series A comes a year after the fintech raised a Series Seed round, bringing the total equity raised to date to $51M.

“We’re well capitalized and I couldn’t be happier with our choice to work with Roseanne Wincek and the Renegade team,” says CEO Albert Saniger. “Their people-first mindset and approach to human capital is refreshing and indicative of the type of venture capital that the new generation of founders like myself really value.”

Why nate? | nate is the first artificial intelligence online shopping tool that centralizes purchasing onto a single platform, enabling users to buy a product from any e-commerce site with the click of a button. The app acts as a universal shopping solution, with an embedded social side, where friends can inspire each other. nate touches the consumer journey from inspiration to purchase, and enables the payment. The company recently launched their own pay later solution, and will expand its payment products. But unlike similar products, nate never compromises consumer privacy or charges merchants a single cent.

“For the first time in history, shoppers have a seamless, universal, and private way of buying anything online,” says Saniger. “Everything we do at nate is driven by cherishing what makes us human, from the people we hire to how we design our products.”

Growing a Community | nate’s user base has been doubling every six weeks. The global e-commerce market size was valued at over $4T, almost $1T of which is located in the United States thus a $500B total addressable market for nate. nate users have the ability to purchase from all 2.1 million online stores in the US — representing the long-tail of the non-Amazon economy and 60% of US e-commerce.

In another step of growth, nate has also expanded its board of directors. In anticipation of this funding round, earlier this year the company appointed Linda Fayne Levinson as its first Independent Director.

Coming soon, the app will launch new social functions. nate plans to give creators cash back for any purchases followers make from their lists — an evolution that will power the monetization of the booming creator economy. Also in development is an in-app wallet where list-makers can save and use their rewards. nate lists and gifts are universally shareable and can be linked anywhere on social media.

Keep in touch with nate at nate.tech/scoop.

About nate

nate is a venture-backed artificial intelligence startup headquartered in New York, introducing the first mobile app that allows users to purchase any item at any online retailer on behalf of a customer. With AI technology that navigates the web the way humans would, nate is the only universal accelerator for mobile checkout. Committed to preserving the human experience of discovery and the path to inspiration, nate is exclusively designed to facilitate purchases once its user has chosen the product they want to buy – humans decide, machines execute. The app is available for mobile download on the App Store.

Contact:
Nour Seikaly, nour@greyhousepr.com


News Index

Venture Capital Database 

 

 NEWS

Latest VC News
VC News Archive
News Search
RSS News Feed

List Your Firm

Entrepreneurs
Investors
Advisors

Venture Capital Database

VCPro Database
Download Trial
Buy Now

Business Plan Tools

Free Business Plan Template

 

Copyright © 1998-2021 Access InterComm  All rights reserved. 
Site Map | Privacy Statement | Legal Notice & Disclaimer