Miami, FSB graduates' companies raise nearly $1B in funding in 30 days
Jul 29, 2021
It’s been a busy month for several companies founded by Farmer School and Miami University graduates as they brought in nearly a billion dollars in combined funding.
- Mad Rabbit Tattoo, with founders Oliver Zak ’19 and Selom Agbitor ’19, and chief financial officer Drew Fallon ’19, had a $2 million seed round, including funding from RedHawk Ventures
- OROS, an outerwear company co-founded by Michael Markesbery ‘15 and Rithvik Venna ’15, had a $14.5 million Series A round
- Olive, a medical software technology company founded by Sean Lane ’02, had a $400 million growth equity round
- Electrada, a company founded by Kevin Kushman ’91 to build out a network of electric vehicle charging stations, raised $20 million
- Loop, a company that works to make online returns more efficient founded by Jonathan Poma ’08, raised $65 million in a Series B round
- Paycor, a payroll and HR software company founded and led by Bob Coughlin ‘83, entered the public market for the first time with an IPO
Over the past 30 days, the six companies have raised more than $927 million in the private and public markets, with a combined market valuation across those six companies of almost $10 billion.