Greycroft backs Enboarder again; Happy Returns selects new chief revenue officer; Dave Inc. raises $110 million
Santa Monica-based Dave Inc., the developer of a financial management tool designed to prevent bank overdrafts, announced June 19 a $110 million funding raise. Dave has now raised roughly $136 million to date and will use the cash to help the company scale and meet demand. The funding round was led by Chicago-based Victory Park Capital.
Downtown-based venture investor Greycroft Partners led an $8 million Series A investment in Texas-based human resources software developer Enboarder Inc. Greycroft participated in Enboarder’s previous venture round, and the current investment brings Enboarder’s total funding to $12 million.
Glenn McMahon will serve as Santa Monica-based logistics startup Happy Returns Inc.’s new chief revenue officer, Socaltech reports. McMahon’s prior experience includes time at fashion retailers, including Dolce & Gabbana and Giorgio Armani. Happy Returns recently raised an $11 million funding round April 25 from investors including Santa Monica-based Upfront Ventures and PayPal.
Tech reporter Samson Amore can be reached at firstname.lastname@example.org or (323) 556-8335. Follow him on Twitter @samsonamore.
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