Startups fundings: GymPact, Maxwell Health and Planet Labs can now expand engineering teams and build their products.



If unfamiliar, Connectikpeople recalls that, this rubric is intended to help organizations, and investors to live in real-time what happens in the startups world; in terms of fundings, acquisitions, strategic alliances and more. Regarding the emerging countries, and startups, this is an instrument for them to discover which Venture Capital or Business
angel can fund their projects. 

GymPact (Founded in 2010, San Francisco-based exercise check-in app), has raised $1.55 million in seed funding led by Khosla Ventures and Max Levchin. GymPact provides both positive and negative incentives to encourage users to exercise. GymPact plans to launch a new version of the app on January 1st to broaden its focus to include eating as well as fitness. The startup has raised $2.5 million in funding to date.

Maxwell Health ( Founded in 2012, New York-based employee benefits platform ), has raised $6 million in a Series A round led by Vaizra Investments with participation from Catalyst Heath Ventures and existing investors Tribeca Ventures, Serious Change, Lerer Ventures, BoxGroup, and a number of angels. If unfamiliar, Connectikpeople.co recalls that, Maxwell Health provides small and medium businesses with an affordable benefits management service that easily manages employee health plans, benefits, and payroll. Maxwell Health has raised $8 million in funding since August of this year.


Planet Labs (Founded in 2010, San Francisco-based imaging satellite startup), has raised $52 million in funding led by Yuri Milner with participation from new investors Industry Ventures, Felicis Ventures, Lux Capital, and Ray Rothrock, along with existing investors including DFJ, Founders Fund, and First Round Capital. Planet Labs hopes to revolutionize Earth imaging by introducing ultra-small satellites, cheaper to make and deploy and able to circle much closer to the Earth. Planet Labs plans to use the new funds to expand engineering teams and build out imaging and software.

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