VC-backed pet insurance firm Trupanion debuts IPO

Trupanion has launched its IPO after pricing its 7.125 million shares at $10 per share. The stock began trading Friday on the NYSE under the ticker symbol “TRUP.” RBC Capital Markets, Barclays and Stifel are the lead underwriters. Based in Seattle, Trupanion is a pet insurance provider. It is backed by Maveron and Highland Capital Partners.


VC-backed pet insurance firm Trupanion files for IPO

Trupanion has filed for an IPO. The number of shares that will be sold as well as the stock’s pricing terms have yet to be set. RBC Capital Markets, Barclays and Stifel will serve as the lead underwriters. Based in Seattle, Trupanion is a pet insurance provider. It is backed by Maveron and Highland Capital Partners.


Dwellable raises $2 mln

Dwellable has raised $2 million in Series seed financing led by Version One Ventures and Maveron. Dwellable is a mobile app for vacation rentals.


Earnest bags $15 mln

Earnest, which provides merit-based loans for graduating students and young professionals, has secured $15 million in funding. Earnest’s investors include Andreessen Horowitz, Atlas Venture, Collaborative Fund, First Round Capital and Maveron.


Maveron leads Series A round for Darby Smart

Darby Smart said Wednesday that it has closed $6.3 million in Series A funding. Maveron led the round with participation from investors that included Forerunner Ventures and CAA Ventures. Based in San Francisco, Darby Smart is a DIY craft kit startup.

Virtual reality treadmill maker Virtuix scores $3 mln seed funds

Virtuix said Thursday that it has raised $3 million in seed funding. The investors included Tekton Ventures, Maveron, Scentan Ventures, Radical Investments, Scout Ventures, StartCaps Ventures and various private investors.Based in Houston, Virtuix is a maker of the Omni virtual reality treadmill.


Julep Beauty snags $30 mln Series C funds

Seattle-based beauty brand Julep Beauty said Monday that it has secured $30 million in Series C financing. The investors included Azure Capital, Madrona Venture Group, Altimeter Capital, Andreessen Horowitz and Maveron.


Canaan Partners leads Series B round for crowdfunding platform CircleUp

Equity-based crowdfunding platform CircleUp said Wednesday that it has raised $14 million in Series B funding. Canaan Partners led the round with participation from Google Ventures, Union Square Ventures, Maveron and Rose Park Advisors. According to the firm, the capital infusion will be used for product and data analytics. In addition to the funding, Dan Ciporin of Canaan will join CircleUp’s board.

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College app Blend raises $2.7 mln, Ohio State students need not apply

New Enterprise Associates has led a $2.7 million seed round in Blend, a San Francisco-based maker of a social networking app for college students. Trinity Ventures, Foundation Capital, Lerer Ventures, Maveron, BoxGroup, XG Ventures and SparkLabs Global Ventures also joined in the seed round. The app is available for students in more than 3,500 universities nationwide, except those from Ohio State University. Blend co-founder and CEO Akash Nigam attended the University of Michigan before dropping out and launching Blend. As such, the company doesn’t allow students from rival school Ohio State to sign up for the app.

Color them excited, VCs back Madison Reed

Madison Reed, a San Francisco-based maker of a hair-coloring product, has raised $12 million in a Series B round of funding. Norwest Venture Partners led the financing, with previous investors True Ventures and Maveron joining the round. As part of the round, Norwest Managing Partner Jeff Crowe has joined the board. The company has now raised about $16 million in total capital. Madison Reed was co-founded in April 2013 by Amy Errett, a former GP with Maveron and now a special advisor to True Ventures. She told peHUB that the funding will be used to help the 30-employee company expand and move to larger digs in the city.

Koru raises $4.35 Million

Education startup Koru has announced $4.35 million in funding. Investors are Maveron, who led the round, Battery Ventures, First Round Capital and a16z seed as well as a small number of individual investors.

Andreessen Horowitz Leads $10.3M Round for Beauty Brand Julep

Julep Beauty, a Seattle-based beauty brand, has raised $10.3 million in Series B funding led by the venture firm Andreessen Horowitz and including Western Technology Investments and Version One Ventures. Previous investors in the company, including Maveron; Lady Gaga’s manager, Troy Carter; and Precedent Investments also participated in the new round.

Red Tricycle Raises Series A Led by Maveron

Digital media company Red Tricycle has raised $1.5 million in Series A funding led by Maveron. Additional investors include 500 Startups, Richmond Park Partners and zulily, as well as angel investors Paul Buchheit, Bob Pittman, Jon Nordmark and Jason Calcanis.

Reuters – Decide.com Offers Guarantee to Beat Online Price Swings

E-commerce start-up Decide.com is launching a guarantee claiming it will help online shoppers beat online price swings, writes Reuters. Decide.com crunches data to tell shoppers the best products to buy and also when to buy them. Decide.com was co-founded by Internet search expert Oren Etzioni and backed by investors, including Starbucks’ chairman Howard Schultz’s Maveron, a venture capital firm, according to Reuters.

Maveron Promotes Jason Stoffer

Consumer focused venture firm Maveron has promoted Jason Stoffer to partner. Stoffer joined the firm in 2007, and was previously a principal. Maveron has offices in San Francsico and Seattle.

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