Tekion raises USD 200Mln from Dragoneer Investment Group

Automotive Software Platform Tekion Secures $200 Million in Growth Capital from Dragoneer Investment Group

Tekion, innovator of the first cloud-native platform serving the entire automotive retail ecosystem, yesterday announced that it has secured $200 million in growth equity capital from Dragoneer Investment Group. This financing round sets Tekion’s valuation above $4 billion. Tekion plans to invest the capital to expand its product offering for dealer partners and OEMs, accelerate […]

NewRetirement raises USD 20Mln in series A funding

NewRetirement Raises $20 Million in Series A Funding to Scale Enterprise Partnerships and Increase Access to Comprehensive Financial Planning

NewRetirement, a comprehensive, digital-first financial planning platform for consumers and enterprise partners, yesterday announced that it has closed its Series A round with $20 million in funding. The round was led by Allegis Capital and joined by Ulu Ventures, Nationwide Ventures, Fin Capital, Frontier Venture Capital, Cameron Ventures, Marin Sonoma Impact Ventures, Northwestern Mutual Future […]

DL Holding Acquires 45% equity in DL Family Office and 100% in Emerald Wealth Management

DL Holding Group Co., Ltd. (1709. HK) recently announced an investment of USD 8 million (HKD 63 million) to acquire 45% equity of its affiliated company DL Family Office (HK) Limited and 100% equity of Emerald Wealth Management Limited for USD 2 million (HKD 15.5 million) both in cash, totaling USD 10 million (HKD 78.5 million). DL Holding reported a rapid growth in […]