June 1, 2021

Wow!

May was an incredible month for Ulu Ventures as we soared past our initial target for Fund III raising $138M!  Our portfolio firms celebrated an acquisition, another innovative public offering, more than $200M raised and a multi-billion dollar valuation.

 Ulu Ventures

Forbes profiled Ulu Ventures and the $138M oversubscribed Fund III.

Lioness Magazine featured Ulu Ventures’ Fund III $138M fund raise.

Essence named Ulu Ventures in a piece about Bank of America increasing its commitment to minority focused funds to $350M.

SoFi

Motley Fool headlined a piece outlining 3 reasons to be bullish on SoFi.

Forbes featured a piece about expectations beating growth when SoFi begins trading on Nasdaq.

Nasdaq profiled SoFi’s blowout results ahead of SPAC merger.

Yahoo Finance featured a piece about SoFi trading on Nasdaq as “SOFI” June 1.

San Francisco Business Times profiled SoFi scoring early win in its ambition to give customers access to IPOs.

Figure

Silicon Valley Daily covered Figure’s $200M Series D raise.

Ledger Insights profiled Figure’s $200M Series D raise and $3.2B valuation. 

American Banker highlighted Figure’s win for SEC approval to sell securities on its blockchain.

Clever

TechCrunch profiled the acquisition of Clever by Kahoot at a valuation of up to $500m.

Guild Education

Forbes quoted Guild Education CEO Rachel Carlson in a piece about reframing the female founder narrative.

Fortune interviewed Guild Education CEO Rachel Carlson about how upskilling could  be the key to building a diverse workforce.

CNBC named Guild Education to the Disruptor 50 list.

Ellevest

Inc interviewed Ellevest CEO Sallie Krawcheck about the value of being uncomfortable.

Barron’s named Ellevest CEO Sallie Krawcheck as one of top ten women in wealth management.

Praxis Labs

Inc named Praxis Labs in its Best Industries of 2021 Report and featured founders Elise Smith and Heather Shen.

BetterUp

Yahoo Finance quoted BetterUP CEO Alexi Robichaux about how Americans are ‘languishing’ at work.

Forbes mentioned BetterUp in best practices B2B demand generation tactics.

Span.io

TechCrunch featured Span’s new electric smart panel.

FastCompany named Span as one finalists in the World Changing Idea Awards.

Coding Dojo

TechRepublic highlighted Coding Dojo data report that reveals details on tech hiring at companies expected to go public in 2021.

Money profile ten companies giving their workers a near free college education including Chipotle and Disney who are partnering with Guild Education.

Backer

CNBC featured Backer in a piece about apps that aim to change the way parents save for college.

Mile Auto

Insurance Journal featured Mile Auto’s $10.3M raise and new partnership with Ford Motor Co.

Inc. highlighted Mile Auto as one of the premier pay-by-mile auto insurance companies.

Avatour/Ulu Ventures

Yahoo Finance featured Avatour’s $2.9M round led by Ulu Ventures.

Schmooze

Techcrunch profiled Schmooze and mentioned Ulu Ventures as the lead investor.

Foundry College

FinSMEs highlighted Foundry College raising $1M.

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About the Author: Rusty Dornin

Rusty Dornin is the director of marketing and communications for Ulu Ventures. An award-winning radio and television journalist, she was a CNN correspondent for nearly 18 years covering domestic and world news ranging from war to natural disasters and tales of crime and politics