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Partech Newsletter: $60 million and milestones around the world!
Nov. 9, 2020
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As another month passes and 2020 draws to a close, it is paramount we find time to celebrate those who have achieved success and sought to help others in these trying times. With this in mind, October's fundraising news seems of particular importance. The companies we are celebrating offer invaluable help to all, whether it be medical services, data privacy or rewarding customer spending. This is key for us at Partech, as we always look to support companies that challenge the market status quo and offer positive solutions for all.
Now, let's get you in the know!
The Partech Team
$60 Million Raised by our Portfolio Champions
Odaseva: $25 Million
Odaseva, the leading Enterprise Cloud Trust Platform for organizations with business-critical cloud deployments, raised a $25M Series B. The funding round was led by Eight Roads Ventures with participation from new investor F-Prime Capital as well as from existing investors Partech, Salesforce Ventures, and Serena. Odaseva will use this new funding to reinforce their core product, invest in its users and partners to advance their knowledge of the best Data Protection practices; as well as to hire new staff across the globe to add to their teams in San Francisco, Sydney and New York.
Joko: $12 Million
Joko, a leading cashback app that rewards its users when they spend, raised $12M (€10M) in a new Series A round. The fundraising round was led by Partech and Axeleo. The new investment will go towards making Joko the market leader in France and expanding in Europe. Joko also plans to double its workforce by the end of the year. Positions are open across all teams: Tech, Product, Marketing, Support, Sales, Operations, Account Management, etc.
Push Doctor: $18 Million
Virtual GP provider Push Doctor, revealed a new $18M Series C funding round. The investment was led by Draper Esprit with contributions also coming from ADV. Push Doctor will use the funds to support the NHS through the second wave of the pandemic as well as launching a partnership with Well Pharmacy for its digital pharmacy first platform.
Drover: $3 Million
The European leader in car subscriptions Drover, received $3M in additional funds from Shell Ventures. This is an extension of their $26M Series B fundraise in which Partech invested. The company will use the new money to scale up its electric car provision. It has also allowed them to hire both a new COO and CMO.
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