Minneapolis Fintech Startup Sezzle Raises $5.6m In ‘Pre IPO’ Round

Minneapolis fintech startup Sezzle has raised a new round of investment with $5.6m closed on per SEC filing.

Like PayPal, but with micro-installments, consumers can ‘checkout with Sezzle’ and receive a small denomination interest free loan at the time of purchase, on demand.

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Target Launches A 3rd Party Curated Marketplace Called ‘Target Plus’

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Via News Release

“We know guests count on Target to find products they’ll love without wading through endless options, so here’s some exciting news. Meet Target +™ (Target Plus), a curated assortment of products from third-party sellers on Target.com. It’s an initiative in its earliest stages, designed to complement Target’s current assortment with thoughtfully selected additions in popular areas like home, toys, electronics and sporting goods.”

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Duluth Tech Firm Runway Manhattan Brings AI To The Oscars With FashionBrain

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Via Twin Cities Business

“At the 91st Academy Awards on Sunday, media outlets will be able to download photos of Lady Gaga on the red carpet even before she’s told Ryan Seacrest who she’s wearing. That real-time photo identification technology will come from a small start-up far away from the Hollywood limelight—in Duluth.

For years, Duluth-based Runway Manhattan has supplied fashion photos, videos, and copy to publishers worldwide. At the Oscars, the company will premier its new artificial intelligence-based technology called FashionBrain, designed to make it easier for publishers to quickly track down specific red-carpet images.”

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Minnesota Ecommerce Captains: Matt Johnson, Omnia Fishing

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Thanks you Irish Titan for underwriting our Minnesota Ecommerce Captains series focused on local leadership in the ecommerce industry.

 
Matt Johnson is a repeat Minnesota tech entrepreneur. He started, scaled and sold his prior company Contour Innovations in 2014 before launching Omnia Fishing last year.

Omnia is an ecommerce company for the fishing industry with “unique ways of associating data, content, and products with specific bodies of water using machine learning.

In short order, Omnia has raised $1m, gone to market, and started selling.

He’s speaking at the next Wednesday at the Twin Cities Ecommerce meetup hosted by Apruve.

What do you sell online?

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Meet A Minnesota Tech CTO: Killian Brackey, Sezzle

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Thank you Tarmac for underwriting our Meet a Minnesota Tech CTO series, where we get up close and personal with Minnesota’s chief techies.

 
The CTO: Killian Brackey, Sezzle

How long have you been working in tech for and what is your technical background?

I have been a tech hobbyist and enthusiast since the first time I got my hands on a personal computer. Throughout my educational history I have spent a lot of time programing, building websites, and testing networks and systems security. I began studying Economics at Columbia University but quickly felt the need to transition back to my passion within technology and moved to Computer Science at both Columbia and the University of Minnesota. I joined Sezzle right out of school and helped us build the team and product we have today.

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On The Market: Valerie Davis

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On The Market is a new series debut featuring Valerie Davis:

 
Let’s start with the most obvious question: why are you leaving Bulk Reef Supply?

I started with Bulk Reef Supply (BRS) in 2012 as a marketing coordinator, primarily for email marketing. Since then, I’ve had the opportunity to fill each seat on the marketing team which put me in the unique situation two years ago to accept the Director of Marketing role.

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