If you haven’t heard of Torq before, it may be because the name and business are fairly new. The company was formerly known as StackPulse, but a pivot in business also motivated them to pursue a new name. And new infusion of capital — a $50 million Series B led by Insight Partners — will probably make that name pretty memorable around Portland.
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Oregon barely among top 25 states for Series A & B venture funding in Q2 and Q3
According to Crunchbase, Oregon was ranked 24th in the US in terms of Series A and Series B venture capital raised during the second and third quarters of 2021 — with a total of $119 million raised. They also noted that this marked an improvement of 88% over the same time period, last year.
Read MoreHealthy investment: Strategic partnership and $25M Series B accelerate Brave Care expansion plans
It wasn’t that long ago that Brave Care was a single clinic in Portland and a scrappy crew of startup types working to reinvent urgent pediatric. Fast forward to today and they’ve got a new infusion of $25 million and a strategic partnership with Pediatrix that promises to take the concept national more efficiently.
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