SWARM Engineering Raises $2.7 Million in Seed Funding Led by S2G Ventures and Serra Ventures

SWARM Engineering , a Serra Capital III SBIC and Serra Capital Ag Tech Fund company, announced that is has closed funding for a $2.7M seed round. The round was led by Serra Ventures.

SWARM is a Software-as-a-Service platform that uses a next generation cognitive computing system designed to tackle issues in the food supply chain and logistics such as load planning, inbound sourcing, demand/supply planning, maximizing yield, and pricing optimization.

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Daasity announces Multi-Million DOLLAR SEED Fundraise

Daasity, a Serra Capital III SBIC portfolio company, announced the completion of their $3.4M seed round. Serra Ventures was a participant in the round.

Daasity has developed proprietary platforms using cloud-based technology to seamlessly integrate clients’ data into an integrated Big Data platform. Daasity delivers all of the functionality and power of standard Big Data solutions without the costly investments in hardware and software licenses.

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Evisort Announces $35M Series B Round

Evisort, a Serra Capital III and Serra Capital III SBIC portfolio company, announced that it has raised $35M in Series B funding. With Evisort, contracts become actionable instantly. Using AI algorithms, contract analysis and data extraction become more efficient and effective.

In other recent news with Evisort, the company secured a partnership with Microsoft, and also was awarded a spot on “25 Fastest Growing Companies” by Growjo Silicon Valley.

Network Perception Announces $2.73 Million in Seed Round Funding

Network Perception, one of Serra Capital III SBIC’s latest investments, has announced that it has raised $2.73 million in Seed Round Funding. The round was lead by Serra.

Network Perception is the market leading software solution for cyber- compliance and network security in the electrical utility industry. This new funding will enable Network Perception to scale its activity in the electric utility sector and beyond in order to meet the demand for critical infrastructure industries throughout the U.S. and overseas.

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GoSite Raises $40M to Help Small Businesses Transition to E-Commerce

GoSite, a Serra Capital III and Serra Capital III SBIC company, has been an essential tool for many small businesses, especially during the Covid era. GoSite makes software that helps small businesses transition to e-commerce. The company’s customer base has doubled this year as the pandemic has demanded an online presence for small businesses. The startup has raised a $40M in a second round of venture capital, including participation from Serra Ventures.

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Consortiex and Pharma LogisticS launch Strategic Collaboration Program

Consortiex, the Serra Capital III portfolio company, has recently partnered with Pharma Logistics in order to improve inventory efficiency, reduce costs, improve safety and manage cash flow for their customers.

ConsortiEX is a health care pharmacy IT company providing software and services to manage the ordering, production, distribution, and tracking of pharmaceuticals… from Pedigree to Patient®. Pharma Logistics is the trusted, proven industry leader in reverse pharmaceutical distribution services.

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BACKSTITCH A 2020 COMPANY TO WATCH

Backstitch, a Serra Capital III SBIC company, was selected as one of 10 companies in 2020 to watch by Startland News in Kansas City. Backstitch has created a marketing automation platform that drastically improves employee engagement.

The company says they hope to not only tackle their technology goals this coming year, but shift the conversation to company culture and communication as well. “What separates us in the market is our investment in customer success. It is not just, ‘Here’s technology, go run with it.’ Its, ‘Here is technology and we are going to strategically work with you on how to implement it,’” explained CEO Jordan Warzecha. 

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Serra Invests In Helia Care

Helia Care, a company dedicated to providing healthcare procurement solutions that build and strengthen supplier/health system connections has raised over $1M in a convertible note round including significant participation from Serra Ventures. The funding will position the company to achieve important milestones in advance of its Series A raise later this year. The company’s product offering, Helia Connect™, provides a simple, efficient, sustainable and scalable platform to address the current unfulfilled needs in today’s medical implant and supply procurement environment.

Tim Hoerr, CEO and Managing Partner of Serra Ventures remarked, “Helia Care has developed a software solution with a remarkable and tangible value proposition that results in significant benefits for everyone in the medical implant supply chain. Grant Siders’ experience in the industry is notable, and the team’s accomplishments to date are impressive. We’re grateful for the opportunity to partner with the Helia team in bringing this solution to the healthcare marketplace.”

Grant Siders, CEO of Helia Care said, “We’re honored to have received participation from Serra Ventures, a forward-thinking firm that truly understands the value of a product-market fit. We look forward to working together on easy, simple and connected solutions that modernize collaboration for healthcare facilities and suppliers.”

Learn more about Helia Care.

ALBERT.IO FEATURED IN CHICAGO TRIBUNE

Albert.io, a Serra Capital II portfolio, was recently featured in the Chicago Tribune on October 10. Albert has won over students and teachers alike through their personalized, interactive study guides that give real time feedback. It is a true study platform for high level math and science courses. Their aim is to provide helpful study guides not just for the ambitious high school student, but for future engineers, physicists, and mathematicians.  

The piece featured Albert's Science Content Manager Athena Tellis on her experiences working at the company and as a start-up employee. A former teacher, Tellis began working for Albert with the desire to wow kids with science. 

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Serra Invests in OPER; Featured in St. Louis Business Journal

Serra Ventures has invested in St. Louis-based OPER in the month of August, and the story was featured in the St. Louis Business Journal on August 23. OPER is the largest and fastest growing mobile payment and rewards platform in St. Louis. Customers can order, pay, earn and redeem rewards instantly with OPER, while earning 5% back every time ordered, or they can pay and redeem wherever. With over 150 local restaurants, OPER is the fastest growing mobile payment and rewards platform.

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