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NerdWallet IPO Pricing, Kitman Labs Closes at $ 52 Million and Up – Crunchbase News

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NerdWallet prices IPO

San Francisco-based NerdWallet, provider of an online platform that provides personal finance tips and financial product offerings, raised $ 131 million on its IPO after fixing its shares at $ 18 each in the middle of the proposed range.

The company recorded sales of $ 182 million and a net loss of $ 27 million for the first half of 2021, while sales and marketing expenses increased significantly. This compares with sales of $ 137 million in the same period last year and net income of $ 3 million.

NerdWallet wants to be listed on the Nasdaq under the code NRDS.

– Joanna Glasner

Kitman Labs closes on $ 52 million

Kitman Labs, a sports technology and analytics company, announced that it has completed a $ 52 million Series C round led by Guggenheim Investments. The final round brings total funding from Kitman Labs to $ 82 million.

– Joanna Glasner

Media and entertainment

Groover Raises $ 7 Million: Paris-based Groover, a platform for musicians to promote their work and get feedback, raised $ 7 million in a new round of funding led by Partech and Bpifrance.

– Joanna Glasner

Illustration: Dom Guzman

Stay up to date with the latest financing rounds, acquisitions and more with the Crunchbase Daily.

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