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Bain Capital Nets $800M For Business Impact Funding

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Bain Capital has raised $800 million for a social impact fund — a category of investment vehicles whose stated objectives are to advance social or corporate governance policies in addition to turning profits, the Wall Street Journal reported. The managing director was former Massachusetts Gov. billion through Nov. 20 compared with $76.2

Capital 188
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Street Cred: How One Spa Entrepreneur Is Navigating The COVID-19 Crisis

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It starts with an undergrad degree from Boston College and a law degree from Boston University. After that, a private law practice followed by an appointment by William Weld (then governor of Massachusetts) as commissioner of revenue in 1975. But a slew of Boston area residents are thankful that she hasn’t.

Boston 252
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MineralTree Raises $50M, Buys Two Companies

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the Massachusetts-based accounts payable (AP) automation software provider, announced a $50 million Series D investment round and the purchase of two companies Thursday (Sept. 406 Ventures, the Boston venture capital fund. 406 Ventures, the Boston venture capital fund. MineralTree Inc.,

Company 169
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Healthcare Tech Company Truepill Raises $75M To Expand

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Also participating were existing investors Boston-based Optum Ventures, which offers capital and strategic guidance to startups; TI Platform Management LLC.,

Company 184
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How Spend Tools Feed Food Banks’ Need For Accountability

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The new Workforce Spend Playbook highlights the newest solutions helping SMBs to more effectively manage their capital, and focus on their expansion ambitions. This demand is driving the global expense management software market to reach $6.6 billion in value by 2025. Inside The Playbook.

Tools 141
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New England Confectionery Co. Sells For $18.8M At Auction

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bankruptcy court, Massachusetts’ New England Confectionery Co. Ohio-based Spangler Candy Company won the auction with a bid of just under $19 million, The Boston Globe reported. “We Spangler was among two other bidders: Round Hill Capital LLC and Gordon Brothers. Following an auction in a U.S. Necco) has founded a buyer.

Boston 100
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The Case For Localizing Mom-And-Pop Investment

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At the same time, many early stage startups, particularly in the technology sector, still have access to traditional financing, like venture capital and private equity. Last week, small business accounting company ScaleFactor released a new survey on how SMBs access capital. Localizing Capital.

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