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Highlights of the Week (October 22, 2021)

Highlights of the Week (October 22, 2021)
October 22, 2021

The Daily Stack is a daily private market insights newsletter by PrivCo, a private company intelligence platform. Read our previous insights.
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Crisp, sunny days are my favorite. They have all the momentum of summer without the prohibitive sweltering heat. It's the final countdown for wearing sandals or a light jacket, before the winter clothes come out. Social media is full of people taking upstate biking trips and apple-picking with toddlers. A friend just texted inviting me to head to the Brooklyn Botanic Garden this afternoon to soak up the sun. This note is your sign to enjoy the season. 🎃🍂☕

Here’s what we covered this week on the Daily Stack:

  • We looked at the shift in the eldercare industry during the rising tide of the “Silver Tsunami.” We looked at mental health, in-home care vs. nursing homes, and the companies shifting their communication to older millennials and their employers. Take a look.
  • Obvious Ventures is taking the guesswork out of good investments by focusing on the planet’s most pressing problems. We examined the company’s founders and investments on our Investor Highlight. Check it out.
  • Meditation hit the mainstream long ago, but with the increase in anxiety over the last couple of years, the previously private practice is becoming increasingly a part of the corporate culture. Workplace wellness or employer gimmick? Read more.
  • Seen any picket lines lately? Workers from healthcare to butchery are demanding better. What’s contributing to this perfect storm dubbed “Striketober?” Find out.
Since last week, PrivCo has added:
 
276,902 Companies | 88 Funding Activities | 44 M&A Deals

Funding & Deal Highlights:

InsuRights raises $22MM from Group 11
Insurtech • Seed • New York, NY

Wander.com raises $7MM from Redpoint Ventures
Travel • Seed • Austin, TX

Pismo raises $108MM from SoftBank Latin America Ventures
Fintech • Round B • Sao Paulo, Brazil

CRED raises $251MM from Tiger Global
Fintech • Round E • Mumbai, India

Element raises $32MM from Polychain Capital
Fintech • Round A • San Francisco, CA

Sunfire raises €109MM from Planet First Partners
Renewable Energy • Round D • Dresden, Germany

Appspace acquires Beezy Inc.
Content Management • Acquisition • Dallas, TX

ironSource acquires Tapjoy for $400MM
Mobile App Development • Acquisition • San Francisco, CA

HungerRush acquires Menufy
Restaurant • Acquisition • Leawood, KS

Scopely acquires GSN Games for $1BN
Casino Games • Acquisition • Boston, MA

 
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