Miami, FSB Graduates' Companies Raise Nearly $1B in Funding in 30 Days

Miami, FSB Graduates' Companies Raise Nearly $1B in Funding in 30 Days It’s been a busy month for several companies founded by Farmer School and Miami University graduates as they brought in nearly a billion dollars in combined funding. ​ Mad Rabbit Tattoo, with founders Oliver Zak ’19 and Selom Agbitor ’19, and chief financial officer Drew Fallon ’19, had a $2 million seed round, including funding from RedHawk Ventures OROS, an outerwear company co-founded by Michael Markesbery ‘15 and Rithvik Venna ’15, had a $14.5 million Series A round Olive, a medical software technology company founded by Sean Lane ’02, had a $400 million growth equity round Electrada, a company founded by Kevin Kushman ’91 to build out a network of electric vehicle charging stations, raised $20 million Loop, a company that works to make online returns more efficient founded by Jonathan Poma ’08, raised $65 million in a Series B round Paycor, a payroll and HR software company founded and led by Bob Coughlin ‘83, entered the public market for the first time with an IPO Over the past 30 days, the six companies have raised more than $927 million in the private and public markets, with a combined market valuation across those six companies of almost $10 billion.

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All-In-One Doc Startup Coda Reaches $1.4B Valuation In $100M Raise

All-In-One Doc Startup Coda Reaches $1.4B Valuation In $100M Raise In the battle for the almighty blinking computer cursor, all-in-one doc startup Coda is gaining steam. The startup, which offers customizable and collaborative documents, has raised $100 million in a Series D funding round that values it at $1.4 billion, more than double its valuation a year ago. ​ “Our viewpoint is that the lines between the different document formats are artificial and that anyone can make a doc as powerful as an app,” says Shishir Mehrotra, Coda’s cofounder and CEO. ​ A year after Kleiner Perkins led an investment in Coda, this newest funding comes from a surprise source: the Ontario Teachers’ Pension Plan (OTPP). Other major investors include Kleiner Perkins, General Catalyst, Greylock, Khosla Ventures, Madrona Ventures, Underscore VC, NGP Capital, and Renegade Partners.

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1809 Capital Network Collaborator Andy Collins recognized in GrowthCap’s 40 Under 40

1809 Capital Network Collaborator Andy Collins recognized in GrowthCap’s 40 Under 40 Andrew joined Summit Partners in 2008, and he focuses primarily on the technology sector with an emphasis on software. Prior to Summit, Andrew worked as an investment banking analyst in the Mergers and Acquisitions group at Banc of America Securities. Before that, he worked for ABN Amro Financial Services in Chicago. Andrew holds a B.S. in finance from Miami University. ​ “One of the most exciting parts of my job as a growth investor is having the opportunity to work alongside incredibly dedicated entrepreneurs who are transforming their industries – whether that’s through developing pioneering technology, executing innovative go-to-market strategies, or building passionate communities. I’m continually inspired by the vision and tenacity of these leaders – and I consider it a privilege to be a part of their growth journeys.” – Andrew Collins

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