Home rental finance service Jetty bagged $23m from investors including Citi, Farmers Insurance and CreditEase, while ByteDance co-led IoT technology developer RiVai's latest round.
Funding
Financial services firm Citi has co-led a $23m funding round for US-based home rental finance provider Jetty with VC fund Flourish Ventures, TechCrunch reported yesterday. Insurance group Farmers Insurance, online lending platform developer CreditEase, K5 Ventures, Khosla Ventures and Ribbit Capital also took part in the round, which followed an undisclosed sum from Farmers Insurance in January this year. Jetty raised $4m in seed capital from Ribbit Capital, Box Group, Social Capital, SV Angel, Red Swan, MetaProp NYC and Solon Mack Capital in 2016, $11.5m in series A funding from Valar Ventures, Ribbit Capital, SV Angel, BoxGroup and Red Swan in 2017 and $25m in series B financing from Khosla Ventures, Valar Ventures and Ribbit Capital in February 2019.
Digital media group ByteDance has co-led a series A round for China-based internet-of-things (IoT) technology provider RiVai, DealStreetAsia reported yesterday. The round was co-led by Hillhouse Capital and also featured…
