Posts filtered by tags: Funding[x]


Extend raises $260M on a $1.6B valuation to expand its warranty and protection plan services

A company that has built a new approach to the business of extended warranties — providing a cost-effective and efficient way for retailers or brands to offer them; and an easy way for consumers to buy and file claims against them — is today announcing a huge round of funding as it looks to take its business to the next level. Extend — which aims, in the words of co-founder and CEO Woody Levin, to become the “Apple Care” for everything that’s not an actual Apple product — has raised $260 million...
Tags: Apple, Amazon, TC, Ecommerce, Softbank, Funding, Tech, Paypal, T Mobile, Levin, Woody, Nagraj Kashyap, Kaley, Peloton, SoftBank Investment Advisers, GreatPoint Ventures

Explorium scores $75M Series C just 10 months after B round

Without good data, it’s impossible to build an accurate predictive machine learning model. Explorium, a company that has been building a solution over the last several years to help data pros find the best data for a given model, announced a $75 million Series C today — just 10 months after announcing a $31 million Series B. Insight Partners led today’s investment with participation from existing investors Zeev Ventures, Emerge, F2 Venture Capital, 01 Advisors and Dynamic Loop Capital. The compa...
Tags: Startups, TC, Enterprise, Funding, New York City, Tel Aviv, Tech, Artificial Intelligence, Coo, San Mateo California, Zeev, Shlomo, Data Discovery, Alteryx, George Mathew, Insight Partners

Styra, the startup behind Open Policy Agent, nabs $40M to expand its cloud-native authorization tools

As cloud-native apps continue to become increasingly central to how organizations operate, a startup founded by the creators of a popular open-source tool to manage authorization for cloud-native application environments is announcing some funding to expand its efforts at commercializing the opportunity. Styra, the startup behind Open Policy Agent, has picked up $40 million in a Series B round of funding led by Battery Ventures. Also participating are previous backers A. Capital, Unusual Venture...
Tags: Open Source, Cloud, Enterprise, Developer, Funding, Tech, Applications, Containers, Accel, Kubernetes, Battery Ventures, Zalando, Dharmesh Thakker, Thakker, Bill Mann, Cloud Native

Fantasy fantasy sport Blaseball developers score $3M seed funding to go mobile

In the absence of a real baseball league, it is perhaps not surprising that a simulated one should grow popular during the troubled year 2020. But even so, the absurdist horror and minimalist aesthetic of Blaseball seem an unlikely success. The text-based fantasy fantasy league has attracted hundreds of thousands of players and now $3.4 million in funding to build up the game and go mobile. If you’re unfamiliar with Blaseball, feel free to go check it out now and sign up — it’s free. You’ll prob...
Tags: Fundings & Exits, Startups, Mobile, Gaming, Apps, Wtf, Media, Funding, Sports, Tech, Venture Capital, Fantasy Sports, Baseball, Mariners, Don, Mets

Piano raises $88M for analytics, subscription and personalization tools for publishers, adds LinkedIn as investor

As publishers face up to whatever might be their next existential crisis — there are so many options from which to choose, including Substack stealing all their writers; or Clubhouse pulling in people through audio-based conversations where news and analysis intermingle seamlessly with networking — a startup that’s helping them build more tools to keep their businesses and audiences intact, and hopefully grow, is announcing a growth round of its own. Piano, which provides analytics and subscript...
Tags: Google, Facebook, Publishing, Media, Microsoft, Funding, Linkedin, Tech, Analytics, Philadelphia, Piano, Subscriptions, Paywalls, Publishers, Kaufman, Newsletters

Cortex snags $2.25M seed to build services catalog for development teams

One thing is clear in the cloud native world. Developers use a lot of services to create applications, and while service meshes define how these services work together, just getting a grip on the services a team uses is usually tracked manually in spreadsheets. That’s where Cortex, a new startup, comes in. It can help engineers create a catalog of services automatically. Today the company announced a $2.25 million seed investment from Sequoia with help from Y Combinator and several individual te...
Tags: Startups, TC, Cloud, Uber, Y Combinator, Microsoft, Developer, Funding, San Francisco, Tech, Sequoia, Kubernetes, Jira, Cortex, Bogomil Balkansky, Recent Funding

Uptrust raises $2M to fight the billions of dollars wasted on useless mass incarceration

A technical violation is one of those Orwellian terms used by the U.S. government to occlude the absurd morass of process and procedure that is the modern criminal justice system in this country. After an offender has served their sentence, they are often placed under probation, which is accompanied by scores of rules on everything from where the person can go to who they can see. If a person commits a technical violation, they often are sent back to prison — perhaps months or years for an actio...
Tags: Fundings & Exits, Startups, New York, Government, Virginia, Funding, San Francisco, Tech, Policy, Columbia University, Criminal Justice, Omidyar Network, Charles Koch, Times Union, Sills, Chris Bentley

With $21M in funding, Code Ocean aims to help researchers replicate data-heavy science

Every branch of science is increasingly reliant on big data sets and analysis, which means a growing confusion of formats and platforms — more than inconvenient, this can hinder the process of peer review and replication of research. Code Ocean hopes to make it easier for scientists to collaborate by making a flexible, shareable format and platform for any and all datasets and methods, and it has raised a total of $21M to build it out. Certainly there’s an air of “Too many options? Try this one!...
Tags: Fundings & Exits, Startups, Cloud, Science, Cloud Computing, Funding, Tech, Ocean, SaaS, Biotech, Battery Ventures, Recent Funding, Code Ocean, Digitalis Ventures EBSCO, Vaal Partners

India’s Moglix valued at $1 billion in $120 million fundraise

Moglix, an industrial business-to-business marketplace in India, said on Monday it has raised $120 million in a new financing round at $1 billion valuation, becoming the 12th firm from the world’s second largest market to attain the unicorn status this year. The startup’s Series E financing round was led by Falcon Edge Capital and Harvard Management Company (HMC). Existing investors, Tiger Global, Sequoia Capital India and Venture Highway. TechCrunch reported earlier this year that Tiger Global ...
Tags: Asia, India, Funding, Tech, Tiger Global, Ratan Tata, India Today, Moglix, Rahul Garg, Tiger Global Sequoia Capital India

Merchant commerce platform Pine Labs valued at $3 billion in new fundraise

Pine Labs, a startup that offers merchants payments terminals, invoicing tools and working capital, said on Monday it is raising $285 million in a new financing round as the nearly two-decade-old firm looks to expand its business. Baron Capital Group, Duro Capital, Marshall Wace, Moore Strategic Ventures and Ward Ferry Management financed the new funding round, while existing investors Temasek, Lone Pine Capital and Sunley House Capital also participated in it, the Indian startup said. The new r...
Tags: Asia, India, Funding, Tech, Paypal, Credit Suisse, Marshall, Sequoia Capital India, Pine Labs, Amrish Rau, Company Credit Suisse, Ward Ferry Management, Temasek Lone Pine Capital, Sunley House Capital

Every early-stage startup must identify and evaluate a strategic advantage

Mike Ghaffary Contributor Share on Twitter Mike Ghaffary is a general partner at Canvas Ventures, where he invests in innovation for consumers and software. Previously, he was a partner at Social Capital, co-founder and VP of Business Development of Stitcher, VP of Business and Corporate Development at Yelp, and Director of Business Development at TrialPay. More posts by this contributor Knowing when your startu...
Tags: Google, Startups, Facebook, Column, Mark Zuckerberg, Entrepreneurship, Funding, Tech, Growth, Early Stage, Social Capital, Corporate Development, Canvas Ventures, Mike Ghaffary, First Mover Advantage, EC Column

Alba Orbital’s mission to image the Earth every 15 minutes brings in $3.4M seed round

Orbital imagery is in demand, and if you think having daily images of everywhere on Earth is going to be enough in a few years, you need a lesson in ambition. Alba Orbital is here to provide it with its intention to provide Earth observation at intervals of 15 minutes rather than hours or days — and it just raised $3.4M to get its next set of satellites into orbit. Alba attracted our attention at Y Combinator’s latest demo day; I was impressed with the startup’s accomplishment of already having ...
Tags: Fundings & Exits, Startups, TC, Gadgets, Y Combinator, Space, Hardware, California, Funding, Tech, Earth, Aerospace, Planet, James Park, Unicorn, Alba

SpecTrust raises millions to fight cybercrime with its no-code platform

Risk defense startup SpecTrust is emerging from stealth today with a $4.3 million seed raise and a public launch. Cyber Mentor Fund led the round, which also included participation from Rally Ventures, SignalFire, Dreamit Ventures and Legion Capital. SpecTrust aims to “fix the economics of fighting fraud” with a no-code platform that it says cuts 90% of a business’ risk infrastructure spend that responds to threats in “minutes instead of months.”  “In January of 2020, I got a bug in m...
Tags: Security, Fundings & Exits, Startups, TC, Ebay, Funding, Startup, Tech, Risk, Banking, Cybercrime, Venture Capital, Fintech, Credit Card Fraud, Identity Theft, Don

BluBracket nabs $12M Series A to expand source code security platform

BluBracket, an early stage startup that focuses on keeping source code repositories secure, even in distributed environments, announced a $12 million Series A today. Evolution Equity Partners led the round with help from existing investors Unusual Ventures, Point72 Ventures, SignalFire and Firebolt Ventures. When combined with the $6.5 million seed round we reported on last year, the company has raised $19.5 million so far. As you might imagine, being able to secure code in distributed environme...
Tags: Security, Startups, TC, Cloud, Enterprise, Developer, Funding, Tech, Priceline, Arora, HelpSystems, Ajay Arora, Evolution Equity Partners, Linga, Recent Funding, Prakash Linga

Upsie’s direct-to-consumer swing at the warranty space nets $18.2M

Upsie, a consumer warranty startup, has raised $18.2 million in a Series A round led by True Ventures.  The financing brings the total raised for the St. Paul, Minnesota-based startup to $25 million since its 2015 inception. A large group of investors participated in the round, including Concrete Rose VC, Avanta Ventures, Kapor Capital, Samsung Next, Massive, Backstage Capital, Awesome People Ventures, Draft Ventures, Matchstick Ventures, M25, Silicon Valley Bank and Uncommon VC, among othe...
Tags: Google, Fundings & Exits, Startups, TC, Facebook, Apps, Minnesota, Finance, Funding, Samsung, Startup, Tech, Atlanta, Georgia, Economy, Smartphone

Atomized lands $500K pre-seed to help developers deploy infrastructure faster

Atomized, an early stage startup that wants to create a modern tool to help developers deploy infrastructure faster, announced the first step of its funding journey today, a $500,000 pre-seed round from Zing Capital, Y Combinator and several unnamed angels. Company co-founder and CEO Nik Kotov says developers are spending over 20% of their time on setting up the necessary infrastructure just to run their applications, and he and his co-founder and CTO Eddie Herbert believed there had to be a bet...
Tags: Startups, TC, Cloud, Y Combinator, Developer, Russia, Funding, Tech, Aws, Silicon Valley, Estonia, Cto, Atomized, Charlotte, Developer Tools, Charlotte North Carolina

Sanlo raises $3.5M to help apps and games gain access to financial insights and capital

Having a great idea for an app or game is one thing, but scaling it to become a successful business is quite another. A new fintech startup called Sanlo aims to help. The company, which is today announcing an oversubscribed $3.5 million seed round, offers small to medium-sized game and app companies access to tools to manage their finances and capital to fuel their growth. To be clear, Sanlo is not an investor that’s taking an equity stake in the apps and games it finances. Instead, it’s offerin...
Tags: Startups, Mobile, Gaming, Apps, Finance, Funding, San Francisco, Tech, EA, Earnest, Financing, Fintech, Silicon Valley Bank, Index, Financial Technology, Liu

Brazil’s Divibank raises millions to become the Clearbanc of LatAm

Divibank, a financing platform offering LatAm businesses access to growth capital, has closed on a $3.6 million round of seed funding led by San Francisco-based Better Tomorrow Ventures (BTV). São Paulo-based Divibank was founded in March 2020, right as the COVID-pandemic was starting. The company has built a data-driven financing platform aimed at giving businesses access to non-dilutive capital to finance their growth via revenue-share financing. “We are changing the way entrepreneurs scale th...
Tags: Google, Fundings & Exits, Startups, TC, Ecommerce, Business, Entrepreneurship, Finance, Funding, San Francisco, Entrepreneur, Startup, Tech, Banking, E-commerce, Economy

Unmind raises $47M for a platform to provide mental health support in your workplace

Mental health has been put into the spotlight in a big way in recent times. For many of us, our lives and lifestyles have changed massively in the last year, and alongside that, we’re collectively facing pandemic-fueled mortality on a global scale in a way that hasn’t existed for generations, a perfect storm of sorts that has inevitably had an impact on our state of mind and our moods. Today a startup that has built a platform to help people think about and respond to this situation is announcin...
Tags: Health, Wellness, Europe, UK, John Lewis, London, Workplace, Funding, Tech, Mental Health, Therapy, Healthcare, Taylor, Asos, NICK, Felix Capital

UK fashion portal Lyst raises $85M in a ‘pre-IPO’ round, reportedly at a $500M valuation

E-commerce continues to be a huge focus for investors watching consumer behavior and spending patterns in the wake of the Covid-19 pandemic. In the latest development, UK startup Lyst, a portal for high fashion brands and stores to sell directly to users, has picked up $85 million, in what the startup is describing as a ‘pre-IPO’ round. The news comes as the company says that it has now grown to 150 million users browsing and buying from a catalog of 8 million products from 17,000 brands and ret...
Tags: Amazon, Ecommerce, Spotify, Europe, UK, New York, London, Funding, Tech, Sky News, Lvmh, Draper Esprit, Valentino, PitchBook, Lyst, USA Europe

UK fashion portal Lyst raises $85M in a ‘pre-IPO’ round at a $700M valuation

E-commerce continues to be a huge focus for investors watching consumer behavior and spending patterns in the wake of the Covid-19 pandemic. In the latest development, UK startup Lyst, a portal for high fashion brands and stores to sell directly to users, has picked up $85 million, in what the startup is describing as a ‘pre-IPO’ round. The news comes as the company says that it has now grown to 150 million users browsing and buying from a catalog of 8 million products from 17,000 brands and ret...
Tags: Amazon, Ecommerce, Spotify, Europe, UK, New York, London, Funding, Tech, Sky News, Lvmh, Draper Esprit, Valentino, Lyst, USA Europe, Nicola McClafferty

Huma, which uses AI and biomarkers to monitor patients and for medical research, raises $130M

While much of the world eagerly watches to see if the vaccination rollout helps curb and eventually stamp out Covid-19, one of the companies that has been helping to manage the spread of the virus is announcing a big round of funding on the heels for strong demand for its technology. Huma, which combines data from biomarkers with predictive algorithms both to help monitor patients, and uses the same technology to help researchers and pharmaceutical companies run clinical trials, has closed an eq...
Tags: Health, Google, Asia, Europe, UK, London, India, Softbank, Funding, US, Samsung, Tech, Artificial Intelligence, NHS, Sony, Pfizer

The Last Gameboard raises $4M to ship its digital tabletop gaming platform

The tabletop gaming industry has exploded over the last few years as millions discovered or rediscovered its joys, but it too is evolving — and The Last Gameboard hopes to be the venue for that evolution. The digital tabletop platform has progressed from crowdfunding to $4M seed round, and having partnered with some of the biggest names in the industry, plans to ship by the end of the year. As the company’s CEO and co-founder Shail Mehta explained in a TC Early Stage pitch-off earlier this year,...
Tags: Fundings & Exits, TC, Gadgets, Gaming, Hardware, Microsoft, Funding, Tech, Artificial Intelligence, Hasbro, Augmented Reality, Tabletop, Mehta, Catan, Tabletop Gaming, Carcassone

CircleCI announces $100M Series F on $1.7B valuation along with Vamp acquisition

CircleCI, the continuous delivery pioneer, announced a $100 million Series F today on a $1.7 billion valuation. At the same time, the company announced it has acquired Vamp, a release orchestration startup that should fit nicely in the CircleCI platform. The companies did not share the purchase price. The funding was led by Greenspring Associates with participation from Eleven Prime, IVP, Sapphire Ventures, Top Tier Capital Partners, Baseline Ventures, Threshold, Scale, Owl Rock and Next Equity ...
Tags: Startups, TC, Cloud, Developer, Funding, Tech, Amsterdam, Mergers and Acquisitions, CircleCI, Rose, Developer Tools, Greenspring Associates, Jim Rose, Vamp, Continuous Delivery, Recent Funding

Apptopia raises $20M to expand its competitive intelligence business beyond mobile

Boston-based Apptopia, a company providing competitive intelligence in the mobile app ecosystem, has closed on $20 million in Series C funding aimed at fueling its expansion beyond the world of mobile apps. The new financing was led by ABS Capital Partners, and follows three consecutive years of 50% year-over-year growth for Apptopia’s business, which has been profitable since the beginning of last year, the company says. Existing investors, including Blossom Street Ventures, also participated i...
Tags: Apple, Google, Amazon, Mobile, Facebook, Apps, Boston, Funding, Tech, CMO, Bloomberg, Google Analytics, Mobile Apps, App Stores, Vpn, Andreessen Horowitz

Lili, a neobank aimed at freelancers, raises $55M as it passes 200k users

A startup that has built a neobank specifically to address the needs of freelancers and sole traders has picked up a growth round to continue expanding its business after seeing its usage grow by 1500% in a year. Lili, which provides a way for freelancers to use a single account both to manage their work and personal financial lives, along with tools to help manage the particular financial and accounting demands that come with being a one-person business, has picked up $55 million in a Series B ...
Tags: Google, New York, Finance, Funding, Israel, Tech, David, Freelancers, Group, Fintech, Lili, Dovi Frances, COVID, Lilac Bar David, Zeev Ventures Foundation Capital, Lance Bank

Flipkart in talks to raise $1 billion ahead of IPO

Indian e-commerce giant Flipkart has hit the market to raise about $1 billion at up to $30 billion valuation in a pre-IPO financing round, two people familiar with the matter told TechCrunch. The Bangalore-based startup, which sold majority stake to Walmart in 2018, began first exploring funding opportunities with some investors earlier this year. In recent months, the company has also internally discussed pushing its public listing timeline to early next year, the people said, requesting anonym...
Tags: Google, Amazon, Facebook, Ecommerce, Asia, Ipo, India, Funding, Tech, Walmart, Flipkart, Amazon India, McKenna, Digital India, Government of India, Walmart International

Flipkart in early talks to raise $1 billion ahead of IPO

Indian e-commerce giant Flipkart has hit the market to raise about $1 billion at up to $30 billion valuation before its public listing, two people familiar with the matter told TechCrunch. The Bangalore-based startup, which sold majority stake to Walmart in 2018, began exploring funding opportunities with some of its investors earlier this year. In recent months, the company has also internally discussed pushing its IPO process to early next year. (Media reports last year had suggested Flipkart ...
Tags: Google, Amazon, Facebook, Ecommerce, Asia, Ipo, India, Softbank, Funding, Tech, Walmart, Flipkart, Bangalore, Amazon India, Jio Platforms India, Reliance Retail India

Zencargo raises $42M to expand its digital-first freight forwarding platform internationally

While consumers and businesses continue to use their purchasing power to spin the wheels of the globalized economy, one of the companies that’s built a technology platform to help that economy operate more smoothly is announcing an investment to double down on growth. Zencargo, which has built a digital platform to enable freight forwarding — the process by which companies organize and track the movements of items they are making and selling (and the components needed for those items) — has rais...
Tags: Amazon, Europe, UK, London, Enterprise, Funding, Tech, Shipping, Vivienne Westwood, Flexport, Digital Partners, Freight Forwarding, Soho Home, Zencargo, Hersham, Jan Riethmayer

Hustle Fund wants to help spawn a new generation of angel investors

Kara Penn is the mother of four daughters and owner of Mission Spark, a management and strategy consulting company. And now, thanks to Hustle Fund, she is also an angel investor. Hustle Fund is coming out of stealth today with Angel Squad , a new initiative aimed at making angel investing more accessible to more people. To more people like Colorado-based Penn. “ We believe that in order to increase diversity in the startup ecosystem, one thing that we must do is increase diversity...
Tags: Food, Startups, TC, Lyft, Real Estate, Money, Colorado, Entrepreneurship, Finance, Funding, Entrepreneur, Startup, Tech, Diversity, Investment, Pennsylvania

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