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Openbay, a Cambridge-based online marketplace for automotive repair and services, announced on Monday it closed an $8M Series A round of financing. Shell Ventures LLC led the round with participation from existing investor Stage 1 Ventures and an undisclosed, not institutional investor. Previous investors included Andreessen Horowitz and GV (formerly known as Google Ventures). Openbay […]

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Acreage Holdings , a Stage 1 Ventures portfolio company and one of the United States’ largest vertically integrated multi-state cannabis operators, announced it has successfully closed its Series E funding round. The Company secured $119 million of capital and concurrently completed the rollup of control positions in several U.S. states. The proceeds raised will be […]

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Boston-based Gravyty Technologies, the industry’s leading provider of AI-enabled fundraising software, announced today that it has successfully completed its second round of funding, raising $2 million with the leadership of Boston’s NXT Ventures and Launchpad Venture Group. The round also includes the support of John Huysmans, Stage 1 Ventures, and The Venture Capital Fund of […]

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Gravyty Technologies announced today the appointment of JB Rauch as its Chief Growth Officer (CGO). Adam Martel, Co-founder and CEO of Gravyty, said, “Sales of our suite of AI-enabled fundraising products, led by First Draft, have been brisk. We know, however, that as we grow, we need someone with JB’s experience and skill set to […]

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ViralGains, the industry’s only digital video advertising journey platform, today announced the appointment of Mark Connon to its Board of Directors. Connon, who has long been regarded as one of the brightest minds in marketing and advertising, will be a key voice as ViralGains positions itself to take the next step in its mission to […]

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Baron Ziegler, CEO of Banshee Wines, announced today the creation of a strategic partnership with Foley Family Wines. This partnership leverages the strengths of both organizations – Banshee, a boutique producer of Sonoma Coast Pinot Noir and Chardonnay, and Foley Family Wines, the owner of extensive premium vineyard holdings and estate wineries. Ziegler says, “The […]

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Jon Gordon, partner at Stage1Ventures, was featured in a cover story in the Feb 2 edition of Tampa Bay Business Journal. The article, entitled “Tech Pioneer steps our of the shadows to grow Tampa’s young startups” detailed out Jons soon to be launched $10 Million Seed fund.  WaVE, a non profit organization that services and […]

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Mobee announced today that it has merged with with Quad Analytix, a company based in San Mateo, Calif., into an entity with a new name, Wiser Solutions. The deal combines Mobee’s crowdsourcing abilities to gather information on brands in brick-and-mortar stores with Quad’s ability to track pricing and other information for brands across hundreds of […]

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Marxent, a Stage 1 Ventures portfolio company, was named in Entrepreneurs 2017 Top Company Cultures article.  Marxent ranked 8th in the medium sized companies category. The list recognizes businesses that have successfully instilled a high-performance culture in their workplace. The complete article can be found here.

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Mobee, a Stage 1 Ventures portfolio company, teamed up with npd to develop an in-store “health check” of GoPro displays at retail establishments.  Using the MobeeApp, this program was able to track the degree of non-compliance in specific stores and coorelate the data with sell through rates. The result: a 40+ MM revenue opportunity was […]

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