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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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New Unemployment Claims Down 48K To 709K

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The COVID-19 vaccine is expected to have a positive effect on the labor market and other areas of the economy. 24 were in Hawaii (9.9), California (8.9), New Mexico (8.5), Nevada (8.2), the Virgin Islands (7.1), Massachusetts (7.0), Puerto Rico (6.9), Georgia (6.8), District of Columbia (6.5) and Alaska (6.1).

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Policygenius Notches $100M For InsurTech Growth

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as well as venture capital operations powered by Massachusetts Mutual Life Insurance Co., CEO Jennifer Fitzgerald said the firm isn’t focused on an exit path through a sale or stock market offering, but has its eye on growth. They will also help the company scale its data science, engineering and marketing efforts.

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Uber’s Developed Markets Turning Profits

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Uber has turned profitable in all of its developed markets. The company now also seems to be profiting in China — a market where it has long faced intense competition from Chinese ride-hailing giant Didi Chuxing, which stands atop the space with the largest market share. its most profitable market.

Marketing 100
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8 Connected-Economy Firms Expected To Light Up The IPO Market In 2021

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Many enjoyed huge first-day price pops, heating up the IPO market even more — and 2021 seems poised to only continue the fireworks. Popular stock-trading app Robinhood Markets reportedly recently hired Goldman Sachs to lead a possible 2021 IPO that would value the company at more than $20 billion. Then shares soared 85.8

Marketing 198
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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., Terms of the deals were not disclosed.

Company 169
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Bitcoin Daily: Companies Give Crypto Ads The Boot, Ford Gets Vehicle-To-Vehicle Crypto Patent

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Bitcoin fell below the $8,000 level on Tuesday (March 27), CCN reported – and the cryptocurrency market as a whole could fall below a market cap of $300 million. In hedge fund news, Morgan Creek acquired Full Tilt Capital LLC two months after that firm decided to dedicate a fund to crypto businesses, Bloomberg reported.

Bitcoin 116