London startup
fromTNW | Health-Tech
6 days agoJAAQ raises $17M to embed clinically governed mental health content
JAAQ raised $17 million to expand into the US market and enhance its clinical infrastructure with a new CEO from Adobe.
Savills will pay approximately $921 million for the business in a transaction combining both cash and shares. Around $553 million will be paid in cash, while roughly $369 million will be settled in Savills shares issued to existing Eastdil investors, including Singapore's sovereign wealth fund Temasek, Guggenheim Partners and a group of senior staff shareholders.
Partnering with OUTFRONT is a step change for our US offering. By bringing a quarter of the US DOOH market onto the VIOOH platform, we're giving even more media buyers unprecedented access to premium inventory at scale. The combination of roadside, transit and urban environments means brands can build truly comprehensive campaigns on the VIOOH platform that follow consumers throughout their day, from morning commute to evening leisure.
After four years on the mobile handset market, Nothing is still lacking a major presence in the US. That's partly because it has mostly sold its phones through a confusing beta program for some time. Also, it doesn't have any US carrier partners, which is how most Americans buy a new smartphone.
Qapita began as a platform to manage cap tables after Ravulaparthi, during his earlier banking career, noticed that many companies still relied on spreadsheets. When the startup launched in January 2021, it expanded the platform based on early customer feedback to include an equity management tool for employee stock plans, initially released in beta. Competitor Carta later entered the Indian market but exited in 2023, giving Qapita room to strengthen its position.