Punchh inc. announced that it has received $40 million in funding from adams street partners, llc, sapphire ventures llc, alliancebernstein holding l.p.

Punchh inc. announced that it has received $40 million in a round of funding co-led by adams street partners, llc and returning investor sapphire ventures llc on november 14, 2019. the transaction included participation from alliancebernstein holding l.p. (nyse:ab). as part of the transaction, robin murray from adams street partners, llc will join the board of directors of the company. the company has raised nearly $73 million in funding till date. the round was raised at a post money valuation of $300 million.
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