Posts filtered by tags: Fundings & Exits[x]


Una Brands launches with $40M to roll up brands on multiple Asia-Pacific e-commerce platforms

Una Brands’ co-founders (from left to right): Tobias Heusch, Kiren Tanna and Kushal Patel. Una Brands Una Brands One of the biggest funding trends of the past year is companies that consolidate small e-commerce brands. Many of the most notable startups in the space, like Thrasio, Berlin Brands Group and , focus on consolidating Amazon Marketplace sellers. But the e-commerce landscape is more fragmented in the Asia-Pacific region, where sellers use platforms like Tokopedia, Lazada, Shopee, Rak...
Tags: Amazon, Fundings & Exits, Startups, TC, Ecommerce, Asia, Indonesia, Australia, Southeast Asia, Singapore, Tech, West, United States, Asia Pacific, Foodpanda, 500 Startups

Beyond the fanfare and SEC warnings, SPACs are here to stay

Matt Johnson Contributor Share on Twitter Matt Johnson is CEO and co-founder of QC Ware, a quantum computing software company. Matt was a managing director in private equity at Apollo Management and prior to that was a managing director in principal investing at Credit Suisse. The number of SPACs in the deep tech sector was skyrocketing, but a combination of increased SEC scrutiny and market forces over the past few weeks has ...
Tags: Fundings & Exits, Startups, Column, Finance, Ipo, Tech, Credit Suisse, Venture Capital, SEC, Private Equity, Quantum Computing, SPAC, Matt, Matt Johnson, Apollo Management, SPACs

Despite gains, gender diversity in VC funding struggled in 2020

People have been discussing the importance of expanding opportunities for women in venture capital and startup entrepreneurship for decades. And for some time it appeared that progress was being made in building a more diverse and equitable environment. The prospect of more women writing checks was viewed as a positive for female founders, a cohort that has struggled to attract more than a fraction of the funds that their male peers manage. All-female teams have an especially tough time raising ...
Tags: Fundings & Exits, Startups, Labor, Nokia, Tech, Diversity, Venture Capital, Exchange, Gender Parity, The Exchange, NGP Capital, M12, COVID-19, COVID, EC Newsletter, EC Future of Work

Text Blaze raises $3.3M for its speed-writing automation service

Text Blaze, which was a part of the recent Winter 2021 Y Combinator accelerator batch, announced that it has closed a $3.3 million seed round. The company’s investment was led by Two Sigma Ventures’s Villi Iltchev and Susa Ventures’s Leo Polovets. The company’s product hybridizes two trends that TechCrunch has been tracking in recent years, namely automation and the written word. On the automation front, we’ve seen Zapier grow into a behemoth, while no-code products and RPA have made the concept...
Tags: Fundings & Exits, Startups, Tech, Susa Ventures, Barak, RPA, Villi Iltchev, Two Sigma Ventures, Two Sigma, Iltchev, Text Blaze, Dan Barak, TechCrunch Susa, Polovets

How 4 New Jersey pools turned into a startup that just raised $10M

As the oldest of 12 children, Bunim Laskin spent much of his teen years looking for ways to help keep his siblings entertained. Noticing that a neighbor’s pool was often empty, Laskin reached out to ask if his family could use her pool. To make it worth her while, he suggested that they could help cover her expenses for maintaining the pool. Soon after, five other families had made the same arrangement with her and the pool owner had six families covering 25% of her expenses. This meant that ...
Tags: Google, Fundings & Exits, Startups, TC, Renting, Entertainment, Australia, California, Cdc, Oregon, Funding, Sports, Startup, Tech, Ceo, Canada

The morality and efficacy of going public earlier

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. For this week’s deep dive Natasha and Alex and Chris dug into the world of the IPO. Not just the numbers and the metrics and the calculations of valuations at diluted, and non-diluted share counts. No. We wanted to talk about the morality and efficacy of going public. So to round out our conversation we enlisted Steve Cakebread, the CFO of Yext and Garth Mitchell, t...
Tags: Apple, Fundings & Exits, Startups, TC, Ipo, Tech, Pop, Pandora, Alex, Mitchell, Chris, SPAC, Natasha, Yext, Cakebread, Latch

HoneyBook raises $155M at $1B+ valuation to help SMBs, freelancers manage their businesses

HoneyBook, which has built out a client experience and financial management platform for service-based small businesses and freelancers, announced today that it has raised $155 million in a Series D round led by Durable Capital Partners LP. Tiger Global Management, Battery Ventures, Zeev Ventures, 01 Advisors as well as existing backers Norwest Venture Partners and Citi Ventures also participated in the financing, which brings the New York-based company’s valuation to over $1 billion. With th...
Tags: Fundings & Exits, Startups, Business, New York, Small Business, Entrepreneurship, Funding, Articles, Tel Aviv, Tech, Ceo, Economy, Canada, United States, SaaS, Venture Capital

Fewcents raises $1.6M to help publishers take payments for individual articles, videos and podcasts

Fewcents co-founders Dushyant Khare and Abhishek Dadoo Many publishers are focused on converting visitors to subscribers, but there’s another important bracket: people who want to view a premium article or video, but not enough to sign up for a subscription. Fewcents, a Singapore-based fintech startup that enables publishers to take “micropayments” for individual pieces of content, announced today it has raised $1.6 million in seed funding. Fewcents can be used to monetize articles, video an...
Tags: Google, Fundings & Exits, Startups, TC, Facebook, Europe, Publishing, Southeast Asia, Singapore, India, Tech, Boston Consulting Group, APAC, DBS Bank, Koh Boon Hwee, Dainik Jagran

Brex, Ramp tout their view of the future as Divvy is said to consider a sale to

Earlier today recent dog-parent Alex Konrad and fellow Forbes staffer Eliza Haverstock broke the news that Divvy, a Utah-based corporate spend unicorn, is considering selling itself to for a price that could top $2 billion. For the fintech sector, it’s big news. Corporate spend startups including Ramp and Brex are raising rapid-fired rounds at ever-higher valuations and growing at venture-ready cadences. Their growth and its resulting private investment were earned by a popular approach...
Tags: Fundings & Exits, Startups, Utah, Tech, Bill, Expensify, Forbes, Divvy, RAMP,, Brex, Henrique Dubugras, Alex Konrad, Airbase, Eric Glyman, Glyman

As Q2’s lull fades, unicorn IPOs are revving up

The public markets give, and the public markets take away. Earlier this morning, enterprise cloud storage and productivity company Box got into a more public spat with some of its shareholders upset with its performance and management decisions. But while Box endures the more difficult chapters of being a public company, other companies are racing to join the ranks of the listed concerns of the world. If it feels like IPO news slowed for a few weeks at the start of the second quarter, your gut i...
Tags: Fundings & Exits, Startups, Real Estate, Finance, Ipo, Tech, United Kingdom, Squarespace, Expensify, Exchange, SPAC, Darktrace, Latch, The Exchange, Smartrent, EC Newsletter

Persona lands $50M for identity verification after seeing 10x YoY revenue growth

The identity verification space has been heating up for a while and the COVID-19 pandemic has only accelerated demand with more people transacting online. Persona , a startup focused on creating a personalized identity verification experience “for any use case,” aims to differentiate itself in an increasingly crowded space. And investors are banking on the San Francisco-based company’s ability to help businesses customize the identity verification process — and beyond — via its no-code platf...
Tags: Travel, Fundings & Exits, Startups, TC, Funding, San Francisco, Startup, Tech, Artificial Intelligence, SaaS, Venture Capital, Machine Learning, Song, Driver, Persona, Index Ventures

WorkBoard raises $75M as the OKR-focused startup bets on a growing economy, changes to business culture

This morning WorkBoard, a software startup that sells software designed to help other companies plan, announced that it has raised a $75 million Series D. Softbank Group led the investment, which saw participation from prior investors including Microsoft’s M12 venture capital arm, a16z, GGV and Workday Ventures. Per the company, three new investors also took part: SVB Capital, Capital OneVentures and Intel Capital. More precisely, a host of strategic and venture investors joined up with SoftBank...
Tags: Fundings & Exits, Startups, TC, Asia, Europe, Microsoft, Softbank, Tech, Federal Reserve, OKR, SoftBank Group, Recent Funding, Intel Capital More, Koan, Gtmhub, Workboard

Sony announces investment and partnership with Discord to bring the chat app to PlayStation

Sony and Discord have announced a partnership that will integrate the latter’s popular gaming-focused chat app with PlayStation’s own built-in social tools. It’s a big move and a fairly surprising one given how recently acquisition talks were in the air — Sony appears to have offered a better deal than Microsoft, taking an undisclosed minority stake in the company ahead of a rumored IPO. The exact nature of the partnership is not expressed in the brief announcement post. The closest we come to h...
Tags: Fundings & Exits, Startups, TC, Gadgets, Gaming, Apps, Microsoft, Funding, Tech, Playstation, Sony, Xbox, Voice Chat, Sony Interactive Entertainment, Discord, PlayStation 5

Will fintech unicorn Flywire’s proposed IPO reach escape velocity?

It’s a big morning for fintech startups today: Flywire, a Boston-based magnet for venture capital, has filed to go public. Flywire is a global payments company that attracted more than $300 million as a startup, according to Crunchbase, most recently raising a $60 million Series F last month. We don’t have its most recent valuation, but PitchBook data indicates that the company’s February 2020, $120 million round valued Flywire at $1 billion on a post-money basis. So what we’re looking at here i...
Tags: Fundings & Exits, Startups, Finance, Ipo, Boston, Tech, Paypal, Goldman Sachs, Stripe, Fintech, Unicorns, Adyen, Bain Capital Ventures, PitchBook, Flywire, The Exchange

Equity Monday: TechCrunch goes Yahoo while welding robots raise $56M

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here. This morning was a notable one in the life of TechCrunch the publication, as our parent co...
Tags: Apple, Fundings & Exits, Startups, Verizon, Cloud, Lyft, Uber, Yahoo, China, Boston, Tech, Paypal, Square, Earnings, Ohio, Dell

Gatheround raises millions from Homebrew, Bloomberg and Stripe’s COO to help remote workers connect

Remote work is no longer a new topic, as much of the world has now been doing it for a year or more because of the COVID-19 pandemic. Companies — big and small — have had to react in myriad ways. Many of the initial challenges have focused on workflow, productivity and the like. But one aspect of the whole remote work shift that is not getting as much attention is the culture angle. A 100% remote startup that was tackling the issue way before COVID-19 was even around is now seeing a big sur...
Tags: Fundings & Exits, Startups, Facebook, Microsoft, Obama, Cloud Storage, Funding, Social Media, Startup, Tech, Remote Work, United States, Ireland, SaaS, Computing, Venture Capital

Hangry, an Indonesian cloud kitchen startup with plans to become a global F&B company, closes $13M Series A

Hangry, an Indonesian cloud kitchen startup that wants to become a global food and beverage company, has raised a $13 million Series A. The round was led by returning investor Alpha JWC Ventures, and included participation from Atlas Pacific Capital, Salt Ventures and Heyokha Brothers. It will be used to increase the number of Hangry’s outlets in Indonesia, including launching its first dine-in restaurants, over the next two years before it enters other countries. Along with a previous round of ...
Tags: Fundings & Exits, Startups, TC, Asia, Indonesia, Southeast Asia, Softbank, Tech, Food Delivery, Sequoia Capital, TechCrunch, Gojek, Hangry, Bandung, Viktor, FB

Big Tech is now worth so much we’ve forgotten to be shocked by the numbers

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. If you want it in your inbox every Saturday morning, sign up here. Ready? Let’s talk money, startups and spicy IPO rumors. TechCrunch isn’t a public-market-focused publication. We care about startups. But public tech companies can, at times, provide interesting insights into how the broader technology ...
Tags: Apple, Amazon, Fundings & Exits, Startups, Facebook, Europe, Microsoft, Tech, United States, Ireland, Zomato, Draper Esprit, Accel, Deliveroo, Alphabet, Exchange

Y Combinator-backed Uiflow wants to accelerate no-code enterprise app creation

TechCrunch recently caught up with recent Y Combinator graduate Uiflow, a startup that is building a no-code enterprise app creation service. If you are thinking wait, don’t a number of companies already do that?, the answer is yes. But what Quickbase, Smartsheet and others are working on isn’t quite the same thing, at least from the startup’s perspective. Uiflow, a Bay Area-based concern that has been alive for far less than a year, has built an app creation tool that works with whatever backen...
Tags: Fundings & Exits, Startups, TC, Y Combinator, Tech, Cto, Unity, GTM, No Code, Uiflow, Quickbase Smartsheet, Uiflow a Bay Area, Figma Uiflow, Michael Tildahl Eric Rowell, Brian Lichliter Rocco Cataldo

Optimism reigns at consumer trading services as fintech VC spikes and Robinhood IPO looms

With the Coinbase direct listing behind us and the Robinhood IPO  ahead, it’s a heady time for consumer-focused trading apps. Mix in the impending SPAC-led debut of eToro , general bullishness in the cryptocurrency space, record highs for some equities markets, and recent rounds from , M1 Finance and U.K.-based Freetrade , and you could be excused for expecting the boom in consumer asset trading to keep going up and to the right. But will it? There are data in both direct...
Tags: Fundings & Exits, Startups, Tech, Robinhood, Accel, Index Ventures, SPAC, Jan Hammer, The Exchange, Sameer Gandhi, Robert Le Pitchbook,, Robinhood IPO

The second shot is kicking in

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. First and foremost, Equity was nominated for a Webby for “Best Technology Podcast”! Drop everything and go Vote for Equity! We’d appreciate it. A lot. And even if we lose, well, we’ll keep doing our thing and making each other laugh. (Note: we are in last place, which is, well, something.) Regardless, the Equity team got together once again this week to not only go...
Tags: Apple, Fundings & Exits, Startups, Verizon, Yahoo, Tech, Aol, Credit Card, Equity, Edtech, Fintech, Health Tech, TechCrunch, Masterclass, Greenlight, NFT

MoviePass co-founder’s PreShow Interactive raises $3M to expand into gaming

PreShow Interactive is giving gamers a new way to earn in-game currency in exchange for watching ads — a concept that’s but hasn’t really made much headway on PCs or consoles. The startup is led by MoviePass’ founding CEO Stacy Spikes. When I spoke to Spikes about PreShow two years ago, he was beta testing an app that provided users with free movie tickets in exchange for watching ads. But obviously, theatrical moviegoing has taken a big hit in the past year. Spikes told me yesterday that he’d...
Tags: Fundings & Exits, Startups, TC, Mobile, Apps, Media, Advertising Tech, Funding, Tech, Moviepass, Spikes, Stacy Spikes, PreShow, Harlem Capital, PreShow Interactive, Monroe Harris

Firstbase raises $13M to make remote work suck less

The chance that I am ever willing to commute on a regular basis again in the future is zero. It’s too inefficient. And while workers and employers are somewhat split on where they stand on the question of remote toil, the COVID-19 pandemic has permanently shaken up the working world; we’re not going back to the pre-COVID normal. To support what could be droves of workers sticking to distance-labor instead of returning to offices, Firstbase is building a software-and-hardware solution to quickly ...
Tags: Fundings & Exits, Startups, TC, Tech, Remote Work, SaaS, Andreessen Horowitz, Chris Herd, A16z, Herd, B Capital Group, Firstbase, Alpaca VC

Fintech startups set VC records as the 2021 fundraising market continues to impress

While waiting for full first-quarter venture capital results for fintech startups to drop, we knew that they were going to be outsized. The Exchange previously explored the pace at which huge venture rounds were invested into the startup niche, noting that by mid-March the fintech market had already recorded a record number of $100 million rounds. But the largest venture capital rounds are only part of the fintech investing picture, so we were looking forward to getting a deeper look into what h...
Tags: Fundings & Exits, Startups, Asia, Africa, Tech, North America, Fintech, Exchange, Cb Insights, Insurtech, The Exchange, CapitalG, Shiyan Koh, Ventures Platform, Kola Aina, Jesse Wedler

Vivid Money raises $73 million to build a European financial super app

German startup Vivid Money has raised a new $73 million Series B funding round (€60 million) led by Greenoaks with existing investor Ribbit Capital also participating. Following today’s funding round, Vivid Money has reached a valuation of $436 million (€360 million). Vivid Money could be considered as a Revolut competitor designed specifically for the Eurozone. Built on top of Solarisbank for the banking infrastructure, the company lets you send, receive, spend, invest and save money in differe...
Tags: Google, Fundings & Exits, Mobile, Apps, Europe, Finance, Tech, Fintech, Challenger Bank, Vivid, solarisBank, Ribbit Capital, Greenoaks, Neobank, Vivid Money, CM Equity AG

Taster grabs $37 million for its native online restaurants

French startup Taster has raised a $37 million Series B funding round from Octopus Venture, Battery Ventures, LocalGlobe, HeartCore, Rakuten, GFC and Founders Future. The company operates dozens of restaurants that only exist on food delivery platforms. You can’t book a table as there is no table. Taster has been focusing on five street food-inspired concepts so far — Bian Dang (Taiwanese food), A Burgers (plant-based burgers), Mission Saigon (Vietnamese food), Out Fry (Korean food) and Stacksan...
Tags: Fundings & Exits, Startups, Europe, France, Paris, France Newsletter, Food Delivery, Burger King, Deliveroo, McDonald, Taster, Rakuten GFC, Taster 's

Super, an Indonesian hyperlocal social commerce startup, raises $28M led by SoftBank Ventures Asia

Super’s founding team on Mount Bromo in East Java In Indonesia, daily necessities often cost more in smaller cities and rural areas. Super co-founder and chief executive officer Steven Wongsoredjo said the price difference can vary from about 10% to 20% in Tier 2 and Tier 3 cities, to nearly 200% in eastern provinces. Super uses social commerce and a streamlined logistics chain to lower the cost of goods. The startup announced today it has raised an oversubscribed $28 million Series B led by ...
Tags: Fundings & Exits, Startups, TC, Asia, Indonesia, China, Southeast Asia, Softbank, Alibaba, DST Global, Jakarta, Social Commerce, Fmcg, Mount Bromo, Super, East Java

The SPAC boom isn’t just here to stay, it’s changing consumer tech

Mike Murphy Contributor Mike Murphy is the founder and CEO of Rosecliff Ventures, a New York City-based investment firm focused on venture capital and private equity opportunities. Consumer technology is an inherently risky investment sector: even the best idea can fall flat if the story of the product is not sold properly to the end user. The stats can only take you so far, and, eventually, customers want to believe in the product. Traditionally, companies that...
Tags: Amazon, Fundings & Exits, Facebook, Ecommerce, Column, New York City, Tech, Venture Capital, M&a, Private Equity, Fda, SPAC, Mike Murphy, Rosecliff Ventures, SPACs, Special-purpose Acquisition Company

Zomato juice: Indian unicorn’s proposed IPO could drive regional startup liquidity

The IPO parade that has continued in 2021 is not a strictly domestic affair. Other countries are getting in on the unicorn liquidity rush. This week, India-based food-delivery unicorn Zomato filed to go public. As TechCrunch reported, the company intends to list “on Indian stock exchanges NSE and BSE.” The Zomato IPO is incredibly important. As our own Manish Singh reported when the company’s numbers became public, a “successful listing [could be] poised to encourage nearly a dozen other unicorn...
Tags: Food, Fundings & Exits, Startups, TC, Asia, India, Tech, Zomato, Exchange, NSE, Manish Singh, The Exchange, EC Newsletter, EC Food Climate and Sustainability, Zomato IPO

Splitwise raises $20M Series A to help everyone in the world divvy expenses

This morning Splitwise, a Providence, Rhode Island-based startup announced that it has closed a $20 million Series A. The company builds consumer fintech software that helps users split expenses. But Splitwise isn’t a Venmo or Paytm clone. Instead of helping users wire money to their pals, the company leaves the transference of money to others. Splitwise simply wants to help reduce the stress and awkwardness that money puts on relationships of all sorts, CEO Jon Bittner told TechCrunch in an int...
Tags: Fundings & Exits, Startups, TC, US, Tech, PANGEA, Providence, Providence Rhode Island, Bittner, Splitwise, Insight Partners, Jon Bittner, Bittner Splitwise, Boris Treskunov

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