Franklin Templeton Archives - 做厙勛圖 News /tag/franklin-templeton/ Data-driven reporting on private markets, startups, founders, and investors Mon, 16 Mar 2020 15:36:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.12 /wp-content/uploads/cb_news_favicon-150x150.png Franklin Templeton Archives - 做厙勛圖 News /tag/franklin-templeton/ 32 32 Chicago-Based Tempus Raises $100M At $5B Valuation For AI-Driven Healthcare /venture/chicago-based-tempus-raises-100m-at-5b-valuation-for-ai-driven-healthcare/ Mon, 16 Mar 2020 15:17:42 +0000 http://news.crunchbase.com/?p=26580 , a healthtech company started by 泭釵棗-款棗喝紳餃梗娶 , has a $100 million Series G round at a post-money valuation of $5 billion. The money comes less than 10 months after Tempus raised a $200 million at a pre-money valuation of $2.9 billion.

Subscribe to the 做厙勛圖 Daily

, , , and participated in the financing. With the latest round, Tempus has now raised $620 million since its September 2015 inception, according to 做厙勛圖 Previous backers include and Denmark���s .

Tempus says it has built an operating system to deliver personalized cancer care. It���s using its new capital to expand�� into other disease areas, including diabetes, depression and cardiology.

The startup is on a mission to redefine how genomic data is used in a clinical setting. It���s built out an interactive analytical and machine-learning platform so patients can benefit ���from the treatment of others who came before.���

Tempus��� genomics tests analyze DNA, RNA and proteomic data to understand a patient���s tumor at the molecular level with the goal of identifying customized treatment options.

Currently, Tempus works with thousands of oncologists across hundreds of medical systems. It claims to have the ���world���s largest libraries of clinical and molecular data, and an operating system to make that data accessible and useful.���

As anyone who���s had a family member battle cancer can attest to, the thought of more personalized (and better!) care is more than welcome.

Illustration:

]]>
/wp-content/uploads/2019/02/unidorn_doctor.png
SpotOn Raises $50M To Help SMBs Operate More Efficiently /startups/spoton-raises-50m-to-help-smbs-operate-more-efficiently/ Wed, 11 Mar 2020 14:07:34 +0000 http://news.crunchbase.com/?p=26391 , a payments and software startup focused on small and medium-sized businesses (SMBs), announced this morning it has raised $50 million in Series B funding led by ���a newish VC firm founded by former execs.

Subscribe to the 做厙勛圖 Daily

Existing backers , and , also participated in the financing, which brings the company���s since its early-2017 inception to $130 million. This round comes just nine months (to the day) since SpotOn raised $40 million in co-led by Dragoneer and Franklin Templeton.

San Francisco-based SpotOn is taking on the likes of Square in the payments space. But says it ���goes way beyond��� traditional payment processing and point-of-sale (POS) software. Its platform also gives SMBs the ability to run their businesses ���from building a brand to taking payments and everything in-between.��� It incorporates tools that include things such as custom website development, scheduling software, marketing, appointment scheduling, review management, analytics and digital loyalty.

To put it simply, according to SpotOn President , SpotOn aims to give SMBs the ability to accept payments ���coupled with meaningful, integrated software to meet their specific needs and operate more efficiently.���

���Unlike other offerings, we build our own product offerings and have straight-forward pricing coupled with face-to-face service,��� Horsley added.

Growth

The company says its new funding follows a year in which it saw revenue increase ���by over 150 percent.��� Also, SpotOn doubled its employee count to 850 over the past year. So far in 2020, it���s added over 5,000 clients with a focus on the food and beverage industry. Horsley said the company expects to add 30,000 clients this year. Currently, SpotOn has ���tens of thousands of clients,��� and is more than doubling year over year, he added.

For 01 Advisors managing partner and co-founder (and former Twitter CEO) , SpotOn is a rare company that can build both ���great��� products and ���great��� sales teams.

The company plans to use its new capital to invest in product development with an emphasis on targeting specific verticals. It���s especially focused on its restaurant solution, having recently tripled the development team working on improving upon that product.

SpotOn is currently ���aggressively hiring.��� Besides its San Francisco headquarters, the company has ���expanding��� product, technology and operations teams in Chicago, Detroit and Denver, as well as newly opened offices in Mexico City, Mexico, and Krakow, Poland.

It���s been a busy week for 01 Advisors. The firm also put money into New York City-based , which provides enterprise-grade IT services to SMBs and has just raised a $14.5 million Series B round.

Blog Roll Illustration:

]]>
/wp-content/uploads/2020/03/SpotOnExecutiveTeam-1024x534.jpg