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July 1, 2025 - Deals
Othership Secures $11.3 Million From Investors For U.S. Expansion Of Wellness Experiences
Toronto-based wellness startup Othership, co-founded by Robbie Bent, has raised $11.3 million through a SAFE to fuel its U.S. expansion, focusing on growing its immersive social sauna and ice bath experiences in New York and beyond. Founded in 2019, Othership aims to offer alcohol-free, phone-free spaces for breathwork, community connection, and emotional wellness, and is backed by notable investors including Rocana Ventures and pop singer Shawn Mendes.
INVESTORS: Vine Ventures, Rocana Ventures, 5D World, Arben Ventures, DML Group, AG Ventures, Ambush Capital, Andrew Yeung, Shawn Mendes & Elizabeth Cutler
AMOUNT: $11,300,000
HQ: #Toronto #Ontario #Canada
#VentureCapital #Othership #VineVentures #RocanaVentures #5DWorld #ArbenVentures #DMLGroup #AGVentures #AmbushCapital #ShawnMendes #ElizabethCutler #RobbieBent #TradedVC
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Whatnot Raises $545 Million In Series G Funding At $20 Billion ValuationWhatnot has raised $545 million in Series G funding at a $20 billion valuation, nearly double its valuation less than a year ago, in what it calls the largest raise in live commerce. The round was co-led by ICONIQ, Lightspeed Venture Partners and Avra, with participation from new and returning investors, and will fund efforts to help sellers grow through marketing, trust and safety, new categories and markets, and AI-powered tools.
FOUNDERS: Grant LaFontaine & Logan Head
INVESTORS: ICONIQ, Lightspeed Venture Partners, Avra, Kleiner Perkins, Wellington Management, Robinhood, S32, Standard Capital, CapitalG, Y Combinator, Durable Capital Partners, Alkeon Capital, Andreessen Horowitz, Greycroft, Bond Capital & DST Global.
ROUND: Series G
AMOUNT: $545,000,000
VALUATION: $20,000,000,000
HQ: Los Angeles, California
#VentureCapital #Whatnot #GrantLaFontaine #LoganHead #TradedVC
Soar Raises $1 Million Pre-Seed Round At $10 Million Valuation From InvestorsSoar (@SoarFlights), a Miami-based flight booking app, has raised a $1 million pre-seed round at a $10 million valuation from undisclosed investors. Founded by Alex Slater and Henry Langmack, Soar aims to simplify flight booking for Gen Z users with an Uber-like experience that removes hidden fees, upsells, and lengthy checkout processes. Built by the founders of Cal AI and QUITTR, the company is positioning itself as a faster, more transparent alternative for travelers.
WEBSITE: soar.flights
FOUNDERS: Alex Slater & Henry Langmack
AMOUNT: $1,000,000
VALUATION: $10,000,000
HQ: Miami, Florida
#VentureCapital #Soar #AlexSlater #HenryLangmack #TradedVC