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Funding daily: Use your social clout to boost your credit score


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We’ve got a few stories for you today for your funding news enthusiasts. Click each link below to learn more about each story.

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Qualtrics says your research is wrong, raises funding to fix it

Qualtrics received $70 million in its first round of funding from Accel Partners and Sequoia Capital today. The company’s main product allows customers to survey anyone on the Internet, asking for any kind of data that isn’t restricted by a certain database’s parameters.

Lenddo uses social influence to bump up your credit score

Lenddo raised an $8 million first round of funding Tuesday. The company helps people around the world build credit with small loans and a social-based Klout-like scoring system. Accel Partners, Blumberg Capital, Omidyar Network, iNovia Capital and Metamorphic Ventures participated in this round of funding, as did angel investors Geoff Judge, David Kidder, Scott Heiferman, and Barry Silbert.

Solar company Solexel raised $25 million

Solexel has closed a $25 million round of funding from Kleiner Perkins Caulfield and Byers, according to a form D filed with the SEC. The Silicon Valley based company produces high-efficiency solar panels.

Simplee manages your healthcare costs

Health care cost management startup Simplee has raised $6 million in funding. Simplee works with insurance companies to manage health care costs and insurance claims. The Social+Capital Partnership led the round, with participation from Greylock Partners.

SoMoLend closes $1.17M seed round

Social and mobile lending company SoMoLend has raised $1.17 million in seed money. Instead of borrowing from a bank, SoMoLend facilitates borrowing from friends, but you’ve got to pay the money back. CincyTech led the round, which participation from Queen City Angels, the North Coast Angel Fund, Blue Chip Partners, Shaker LaunchHouse, Eldar Investment LLC, Clarion Direct Investment LLC, Clifford Holekamp, Elizabeth Crowell, Bruce Terry, Bob Baron, Cheryl & Carlin Stamm, and many others.

Teen texting on bench image via Flickr user Ming Xia / Sarah Mitroff