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Jun 27, 2019

[ Financial Daily News ] [ Financial Daily News ] [ Financial Daily News ] [ Financial Daily News ] [ Financial Daily News ] Crunchbase Daily: Change Healthcare, Grab, TripActions, and Remedy - June 27, 2019

Change Healthcare preps for IPO, prices common stock shares at $13

Change Healthcare priced its shares Wednesday, one of the final steps to going public. The Nashville company is a provider of revenue cycle management and analytics products to the healthcare industry. The $13 pricing comes in below an expected range of $16-$19 per share reported by other outlets prior to the announcement.

South Asian ride-hailing company Grab accelerates plans with $300M to expand consumer offerings

Grab has raised $300 million from Atlanta-based Invesco. This brings the Singaporean startup's total raised to a staggering $9.1 billion. The funding will be used to continue branching into services beyond ride-hailing.

Corporate travel facilitator TripActions raises $250M in largest round so far

TripActions, which focuses on making corporate travel easier, just raised $250 million in a Series D led by Andreessen Horowitz. The Palo Alto company is valued at $4 billion.

Remedy raises $10M for telemedicine platform and house calls

Telehealth startup Remedy has closed on a $10 million Series A round led by Austin-based Santé Ventures. The physician-led Remedy offers virtual visits, house calls and a walk-in clinic with a focus on working with self-funded employers.

Crunchbase: Summer. Goals. Two words not frequently spoken Together.

Most people I know think of this time of year as a time to hang out by the pool, but to get ahead this founder treats his summers as a time to make and keep new goals. Here are six tips on how you too can make and keep your summer goals.

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Recent Investments

Grab

$300M / Series H

Grab is a super app that provides transportation, logistics and financial services.

Categories:

Transportation · Car Sharing · Ride Sharing

Founders:

Anthony Tan, Tan Hooi Ling

Investors:

Invesco (Lead)

TripActions

$250M / Series D

TripActions is a corporate travel management company.

Categories:

Consumer Electronics · Hardware · Software · Travel and Tourism · Business Travel · Computer · Travel

Founders:

Ilan Twig, Ariel Cohen

Investors:

Zeev Ventures, Andreessen Horowitz, Lightspeed Venture Partners, + 1 more

Imgur

$20M / Venture Round

Imgur is a community powered entertainment destination.

Categories:

Internet Services · Media and Entertainment · Digital Entertainment · Internet · Social Media

Founders:

Alan Schaaf

Investors:

Coil (Lead)

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Company Amount / Round Lead Investor
Remedy $10M / Series A Sante Ventures
METRON 10M EUR / Venture Round
Bleckwen 8.8M EUR / Series A Ring Capital
Taster $8.0M / Series A Battery Ventures
Skubana $5.4M / Series A Defy.vc
WeGift 4.0M GBP / Series A Fred Destin
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Gamma Innovations

Pending acquisition by Animoca Brands for $350K

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