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Portfolio News Archives - First Ascent Ventures

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DailyPay Raises $500 Million Of Capital, Powering Its Mission To Transform The Financial System

NEW YORK, May 18, 2021 — DailyPay, the leader in on-demand pay solutions for enterprises, today announced it has secured $500 million of capital. The company is announcing a $175 million Series D equity round led by Carrick Capital Partners with participation from existing investors. In addition, the company is announcing it has raised $325 million of credit capital from various sources. The Company intends to invest its newly raised capital…
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Autodesk Completes Acquisition of Cloud-Based PLM and PDM Provider Upchain

Today I am thrilled to share the news that we have completed our acquisition of Upchain, a provider of instant-on, cloud-based product lifecycle management (PLM) and product data management (PDM) solutions. The addition of Upchain to the Autodesk portfolio accelerates our mission to deliver the next-generation software platform for design and manufacturing and creates more value for customers by removing collaboration…