Goodwin’s Technology team has successfully advised Pomegranate Technologies Inc., operating as Pepper, in completing a $30 million Series B Preferred Stock financing round. This round was notably led by ICONIQ Growth, with participation from existing investors such as Greylock, Imaginary Venture Capital Partners, Index Ventures, and Harmony Partners. Pepper is an eCommerce platform founded by the team behind Uber Eats. The platform aims to revolutionize the operations of independent foodservice distributors by providing AI-powered tools designed to enhance customer relationships, increase revenue, and improve efficiency. ICONIQ Growth’s investment strategy focuses on supporting visionary companies from early growth stages to IPO and beyond. The advisory team for this deal included key professionals from Goodwin’s Technology, IPTS, Tax, and Global Trade departments.
eCommerce, Private Equity, Technology,United States
https://www.goodwinlaw.com/en/news-and-events/news/2024/05/announcements-technology-tax-pepper-completes-30-million-series