Alokik focuses on minority investments in financial infrastructure as a partner at 7RIDGE. He previously managed fintech strategic investments at Eight Roads and holds board positions at several companies.
Eight Roads led the Series B financing round with backing from Bessemer Venture Partners, Episode 1, Dynamo Ventures, and Moguntia Capital.
"We founded Raft as an AI-first company because we saw an opportunity to empower freight forwarders and customs brokers with technology, and take pressure off their operational teams so that they could focus on their customers instead of their keyboards,"
The Series C financing was led by Advent Life Sciences with backing from several new and existing institutional investors to accelerate product development and scale operations.
"We are delighted to partner with Proximie and a world class group of investors as the company expands its global footprint and product capabilities. The company is a perfect fit for our ethos of backing best-in-class innovative life sciences businesses that have the capability to positively impact human health and healthcare delivery in paradigm changing ways."
The round was led by Octopus Ventures with participation from Eight Roads.
"With third-party data disappearing, paid social delivering diminishing returns and consumers increasingly overwhelmed by endless brand advertising, our technology puts advocacy at the heart of marketing to reconnect marketers and consumers. The most successful brands are realising how this can drive growth, increasing customer acquisition and returns across the marketing activity spectrum."
The round was led by Eight Roads with participation from Maersk Growth, Local Globe and Crane.
"At 7bridges, we are uniquely positioned to help businesses enhance, and future-proof, their supply chains in ways that are more sustainable, resilient, cost-effective and efficient. By harnessing our artificial intelligence to make coherent rapid and adaptive decisions across channels, product categories, geographies and service providers we’re able to transform multiple elements of the supply chain, from planning to execution, inbound and outbound logistics, inventory optimisation to customer experience."
The Series B round was led by Eight Roads with participation from existing investors including Union Square Ventures and Seedcamp.
"We started Juro in order to make legal contracts frictionless and accessible to everyone. Legacy processes using Word, PDFs and email slow things down not only for lawyers but for everyone who handles contracts. In the last 12 months our customers have processed more than 250,000 contracts in Juro, without leaving their browser. This has saved customers millions of hours of time and helped them to agree terms faster than ever. We are delighted to partner with Eight Roads as we scale up."
Spectrum Equity led the Series B round to support global expansion and product development.
"Prior to the pandemic, the hospitality industry had been open to gradually adopting newtechnology. Our business experienced significant growth through 2020 despite the industry headwinds, but 2021 has been a breakthrough year for us as the recovery accelerated the pace of technology adoption. We anticipate unprecedented opportunities and growth as the recovery continues,"
The Series C financing was co-led by Eight Roads and CNP and will support product development and team expansion.
"We’re really pleased to have continued support from Eight Roads, and to welcome on board new investors CNP and Breega as we work to further execute on our mission of helping everyone save and invest for their future. Securing this funding enables us to continue to build the products, tools and technology to help people achieve their goals easily – whether it’s buying a house, saving for retirement or just a rainy day."