Techstars Portfolio News - March 2023

Apr 04, 2023

A roundup of updates from the Techstars portfolio in March 2023.

ClassWallet (Techstars Kaplan 2014), the digital wallet that allocates spending and tracks purchases without paperwork or receipts, announces a significant minority growth investment from Guidepost Growth Equity.

Rangeforce (Techstars Barclays NYC 2015), the platform that offers live, hands-on cybersecurity training, pulls $20 million in a Series B financing round

Seldon (Techstars Barclays London 2016), a machine learning deployment platform, collects $20 million in Series B funding to improve the production of AI models. 

OpenLoop (Techstars Iowa 2020), a health-tech company that matches healthcare providers with practices or hospitals, pulls $15 million in Series A funding. 

Gable (Techstars NYC 2021), which connects and offers a wide variety of remote working options, raises $12 million in Series A funding

Fly by Jing (Techstars Los Angeles 2019), which offers traditional, modern Chinese food, secures $12 million in Series B funding for their company. 

TiLT (Techstars Workforce Development 2020), the HR tech company focusing on leave management, collects $10 million is Series B funding led by Origin Ventures. 

Presta (Techstars Boulder 2022), a digital lending platform, secures $3.3 million in oversubscribed Pre-Seed funding. 

Payday Africa (Techstars Toronto 2022), a neobank that allows users to send and receive money globally, raises $3 million seed round funding.  

TransCrypts (Techstars Filecoin 2022), a record management platform, pulls $2.4 million in pre-seed funding to expand their platform's services. 

Lux Semiconductors (Techstars Starburst Space 2020), a System-on-Foil electronics company, secures $2.3 million in seed funding. 

RookMotion (Techstars SportsTech Melbourne 2022), the API that collects health metrics and data from 300+ wearable providers, raises $1.7 million in Pre-Seed funding. 

FEZ Delivery Co. (Techstars Toronto 2022), the Lagos based last mile delivery platform, collects $1 million in funding from Ventures Platform with participation from other investors.