NDA Participates in Spotluck Series A Round

New Dominion Angels has closed an investment in Spotluck, a Bethesda, MD-based company. Spotluck provides users with a unique “spin” on restaurant apps and its proprietary technology gamifies restaurant discovery while bringing dynamic pricing to the restaurant industry. The $4.8M Series A round arrives shortly after Spotluck expanded to NYC, and in total over 1,200 restaurants throughout the D.C. metropolitan area, Philadelphia, Baltimore, and New York currently partner with Spotluck.

StreetShares Secures $4.5M Series A and Announces SEC Regulatory Breakthrough

Reston, VA-based StreetShares has closed on $4.5M in new equity funding in the first tranche of its Series A round, which is being led by financial technology venture firm Fenway Summer. 

In addition, StreetShares has announced that it has received SEC approval to offer a lending product to non-accredited investors through what is known as Regulation A+. This represents an expansion of existing products beyond accredited investors and the company is the first small business lender to receive approval under the new regulations.