Fueling the Future: SaaS companies get funding, Villanova lands $10 million gift

February 11, 2021

Ann Arbor’s Pocketnest, a SaaS company that works directly with banks, credit unions, and financial planners to help consumers with their personal finance needs, has closed on $500,000 in new growth capital. The funding was led by The Impact Seat, a management consulting firm in Boston, as well as Detroit-based venture capital firm ID Ventures.

Hungry Planet, a St. Louis-based startup that produces plant-based meat, has landed an investment from Post Holdings, Inc. as part of a strategic partnership between the two firms. Financial terms were not released.

Catipult.AI, an outcome-based planning and company management SaaS platform located in Indy, plans to invest $2.6 million to expand its operations in the city. In December, the company won an $80,000 pre-seed investment in an Elevate Ventures pitch competition.

Martin McGuinn, who led Pittsburgh-based Mellon Financial Corp. prior to its merger with the Bank of New York, has made a $10 million gift to Villanova University to support faculty research, a central part of the university’s new 10-year strategic plan.

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