Paceline gets $5M for wellness platform

Paceline gets $5M for wellness platform, TriplePoint Capital led the financing [Image]

Business : San Francisco based Paceline received a cash infusion of $5 million in seed funding to continue building out its health and wellness platform that rewards physical activity with financial benefits.

The company wants to reinvent the financial industry with the aim of making it more technology-enabled and better engaging with consumers.

Berlin-based SellerX, a new startup that aims to consolidate and grow promising smaller businesses that sell via Amazon’s platform, has raised $118 million in what is reportedly being called a seed funding round. Cherry Ventures, Felix Capital and TriplePoint Capital led the financing, which the company reportedly plans to use to roll up smaller businesses using Fullfilment by Amazon for payments, logistics and delivery.

Online game platform Roblox has filed its S-1, as companies hurry to file in time to go public before the end of the year. We take a look at the company’s filing, funding history and valuation.

Source : Crunchbase

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