Happy fall from SJF Ventures. We are pleased to announce our new investment in ShipMonk. We have also included portfolio company achievements, press coverage, articles by our team, and upcoming events. Finally, SJF has added Election Day as a paid holiday, hoping it may soon become a national holiday. Please join us in encouraging others to vote.
The SJF Ventures Team
SJF Leads $10 Million Round for ShipMonk
SJF Ventures led a $10 million Series A financing in ShipMonk, a provider of multi-channel order fulfillment services and inventory management software to small and midsized e-commerce companies. Other participants in the round include Grotech Ventures and Supply Chain Ventures. ShipMonk will use the financing to continue its rapid expansion. The company employs over 200 individuals in facilities located in economically distressed areas of Fort Lauderdale and Los Angeles.
Optoro Closes $75 Million Round
Optoro was highlighted by the Wall Street Journal after announcing its close on $75 million in new funding. Optoro offers the leading reverse logistics solution for customer returns and excess goods and will use the capital to expand development and sales of its cloud-based services to retailers and brands.
RaiseMe Closes $15 Million Series B
RaiseMe, a micro-scholarship platform for college-bound students, secured $15 million of new capital. In addition to announcing the Series B funding round, RaiseMe recently launched another product for community-college students, “RaiseMe for Transfers.”
Voxy Partners with Jusoor
Voxy recently completed a successful pilot with Jusoor, an NGO committed to empowering Syrian youth. Voxy’s English language learning program was offered to a population of refugees, 80% of whom substantially improved proficiency levels over the three-month period.
SJF Leads Fit4D Expansion Financing
Fit4D raised an additional $4 million in a financing led by SJF Ventures. This capital will accelerate Fit4D’s growth and enable the company to further scale the delivery of its personalized diabetes coaching and medical adherence programs. New investor Croft and Bender Capital joined the round.