JackBe announced that it has received $11.5 million in funding from GP Investments, Ltd. and individual investors.
March 28, 2023
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JackBe announced that it has received $11.5 million in a round of funding on March 29, 2023. The transaction included participation from GP Investments, Ltd., as well as a successful WeFunder campaign along with participation from various individual investors and strategic partners. The company has issued common shares in the transaction.
GP Investments, Ltd. is a Bermuda-based private equity and alternative investment company. The Companyâs operations comprise private equity, real estate and direct investment activities, including the management of limited partnerships. Its segments include private equity and real estate. In the private equity business, it invests to acquire control or joint control with the original owners with the objective of lead the invested company. In real estate business, it invests primarily at the asset level, directly in projects in the residential, office and retail segments. Its investment portfolio includes Spice Private Equity Ltd., Grupo SBF, BR Properties, and 2TM Group. It invests in approximately 15 sectors, such as industry, health services, mobile resource management, retail, logistics, real estate/shopping malls, Internet and technology, hotel, telecommunication, utilities, education, entertainment/restaurants, consumer goods, human resources (HR) services, and oil and gas.