Unilever Ventures leads Series B round in SaaS startup Peel-Works
Summary
Software-as-a-service and big data analytics firm Peel-Works has raised an undisclosed amount in its Series B funding round led by Unilever Ventures, a company statement said. Peel-Works will use the fresh funds to further strengthen its product and technology offering, build a leadership team and expand to more geographies, the statement added. Insights generated can be used by consumer packaged goods, e-commerce, fin-tech or cash and carry players to develop innovative solutions, improve services and sales force performances. The firm invests in early-stage companies and helps them accelerate growth by providing access to Unilevers global ecosystem, assets and expertise. Unilever Ventures’ existing investments include Clavis Insight, Percolate, Blis, Gousto, Instacart, Blow, Nutrafol, Sun Basket, Iluminage Beauty, Froosh, and Voltea.