Weekly Refresh: Chowbus Raised $30M, Vibes’ New CRO, and More

by Anna Holmquist
October 19, 2020
Photo: Shutterstock

M1 Finance raised $45M. The investing app lets users manage and grow their money via automated brokering, portfolio lines of credit and digital banking. Left Lane Capital led the Series C. [Built In Chicago]

Chowbus raised another $30M. After raising $33 million less than three months ago, the Asian food delivery startup just announced the additional funding. Meritech Capital and Luxor Capital Group participated in the round, along with other investors. [ChicagoInno]

Goodsend launched app. The app, created by brothers Sid and Arjun Srivastava, aims to provide recurring micro-donations to those who need it the most. It’s currently available on the iOS App Store. [Built In Chicago]

Beta Boom announced New Pattern Chicago. The grant and mentorship program, set to launch in November, aims to award $10,000 in seed money to women, minority and first-generation immigrant founders of software startups. Beta Boom started in 2018. [Built In Chicago]

Vibes named chief revenue officer. It helps brands grow and activate consumer relationships with mobile engagement. Richard Rivera will join the team as the new CRO. [PRNewswire]

Amazon’s Alexa Fund invested in Rise Gardens. The greentech startup designs smart garden hydroponic systems. It was founded in 2019. [Built In Chicago]

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