Funding Galore: Bookee, Panthon and others got funded

Bookee raises pre-seed funding from Antler India

Founded by Vistar Singh and Rajat Hans, Brookee has raised an undisclosed amount of funding led by Antler India, with participation from Pallav Nadhani and Abhishek Rungta.

Bookee By Singh and Hans was designed with fitness entrepreneurs in mind. It offers management capabilities (such as scheduling, POS, payroll, payments, analytics, retention, and streaming), as well as assisting businesses in growing their client base by providing a superior user experience at all touchpoints.

Speaking on announcing the funding co-founder Vistar Singh says-

“Fitness entrepreneurs play a huge role in making our world a healthier and happier place, but running a successful business is not easy. As the pandemic forced fitness businesses to deliver classes online, Bookee made it easier for them to adopt live-streaming and on-demand services. Now with offline studios and gyms gradually reopening, Bookee is helping them meet the new expectations of their customers by delivering classes offline, live, and on-demand, and providing a seamless experience across all these channels." 

Pantheon lands $100M funding from SoftBank

Pantheon, a WebOps SaaS platform that began as a Drupal and WordPress hosting business many years ago, announced that it has secured a $100 million Series E round entirely backed by the Softbank Vision Fund. Pantheon has now attained unicorn status, with a valuation of more than $1 billion, thanks to this round.

Zack Rosen, co-founder and CEO of Pantheon, informed that the firm was not under the pump to raise funds. “It really simply helps us speed everything we do,” he added.

‍Acelerate secures  $14.44 million in Series A funding 

Acelerate, a software startup that helps eateries make the most of their infrastructure, disclosed the completion of a $14.44 million Series A investment backed by Sequoia Capital.

George Jacobs, who grew up working in his family's pizzeria, started the company. He went to USC with the intention of getting a business degree and eventually expanding Georgee's Pizza, but he saw that there was a potential outside his own family restaurant to aid all types of businesses in the aftermath of the tech boom.

Speaking on the announcement, Jacobs says- “The big opportunity lies in the combination of two great pieces of operating a restaurant, which is technology and operations.” 

Further adds, “To do that, we believe that proximity is power and we need to be as close to our customers as possible. That’s why we’re really doubling down on building local teams and ensuring that we’re hands-on with our operator and restaurant partners.”

Dovetail to raise $10 million AUD

Dovetail is a full-service venture studio based in Sydney and Auckland that works directly with entrepreneurs who have a fantastic idea but lack technical experience. Dovetail assists clients in building businesses from the bottom up, preparing them for expansion and further investment.
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Dovetail was founded in 2014, and its success stories include Afterpay, the Melbourne-based unicorn that is one of the most visible participants in the buy now, play later market, as well as Klarna and Affirm.

“By the time we need to make an investment decision, we would have worked collaboratively on a day-to-day basis with them for at least three months prior to a seed round and 12 months for a Series A. This means we’re essentially investing with the informational edge of a co-founder,” said Frandsen.