Kevin Hart invests in car-leasing platform Rodo in new funding round

New York City-based car-leasing platform Rodo as the startup announced Tuesday that it’s closed $18 million in a series B funding round.

Rodo’s an online car-leasing and buying platform where customers can order cars without going to the dealership. Owners can also sell their used cars through the platform.

The latest funding round was led by Mount Laurel, NJ-based Holman Enterprises and New York-based investment firm Evolution VC Partners

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Evolution VC Partners
Songclip raises $11M to bring more licensed music to social media

The team behind Songclip thinks that social media could use more music.

Yes, music is a big part of the experience on a handful of apps like TikTok and Triller, but Songclip co-founder and COO John vanSuchtelen told me, “That is not the end of how music is going to be a feature, that is a beginning.”

He added, “In the next nine to 12 months … just like you never have a phone without a camera, you’re not going to have an app without music clips as a feature when you make videos.

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Evolution VC Partners
Respira Technologies, Inc. announces Brian W. Quigley, former CEO of Altria Group's Smokeless Division, to join as Chief Operating Officer

Brian W. Quigley, a sixteen year veteran of Altria Group Inc., is joining Respira's management team in the role of Chief Operating Officer effective July 1, 2020. Quigley spent 16 years at Altria Group where he was CEO of the world's leading smokeless tobacco business from 2012 to 2018, a $2.3 billion business with over 800 employees.

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Evolution VC Partners
Jay-Z Teams With NFL Stars And Kevin Hart To Invest In Hungry’s $20 Million Series B

The startup has now raised north of $32 million, with its latest batch of investors joining an existing cap table already packed with famous names (pop star Usher, NFL defensive lineman Ndamukong Suh), venture capital punch (Sands Capital Ventures, Motley Fool Ventures) and foodies (restaurateur Tom Colicchio, former Whole Foods co-CEO Walter Robb). Robb’s fund, Stonewall Robb Investments, co-led the round with New York-based Evolution VC Partners.

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Robert Harary