Posts filtered by tags: Fundings & Exits[x]


PairTree speeds adoption process with an online self-matching platform and $2.25M seed

Making the choice to adopt, or to find an adopting family, is a legally complex, emotionally taxing, expensive and time-consuming process. PairTree aims to make one part at least considerably easier and faster with its online matching platform where expectant mothers and hopeful adopters can find each other without the facilitation of an agency or other organization. The company has just raised a $2.25 million seed round, a rarity in the industry. The path to adoption is different for everyone, ...
Tags: Social, Fundings & Exits, Startups, TC, Supreme Court, Funding, Tech, Adoption, TechStars, Cto, Quick, Founder Collective, Urban Innovation Fund, Recent Funding, Female Founders Alliance, Erin Quick

How many lives does bitcoin have?

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 Danny, Alex, and a bunch of the TechCrunch crew took on the recent happenings in the world of bitcoin. In a break from our regular format, we recorded live from a Twitter Space — it’s like a Clubhouse, but closer to where your social network is — so the audio quality is not going to be Utterly Perfect. But we think the conversation will mo...
Tags: Apple, Fundings & Exits, Startups, China, Tech, Bitcoin, Equity, Cryptocurrency, Drew Olanoff, Lucas Matney, NFT, Romain Dillet, Equity podcast, Chris Gates, Danny Alex

Vercel raises $102M Series C for its front-end development platform

Vercel, the company behind the popular open-source Next.js React framework, today announced that it has raised a $102 million Series C funding round led by Bedrock Capital. Existing investors Accel, CRV, Geodesic Capital, Greenoaks Capital and GV also participated in this round, together with new investors 8VC, Flex Capital, GGV, Latacora, Salesforce Ventures and Tiger Global. In total, the company has now raised $163 million and its current valuation is $1.1 billion. As Vercel notes, the compan...
Tags: Fundings & Exits, Startups, TC, Cloud, Developer, Cloud Computing, Funding, Tech, Ceo, Software, Computing, Ibm, Mcdonalds, Salesforce, Tiger Global, Github

In its first funding in 7 years, profitable fintech Lower raises $100M Series A led by Accel

Lower , an Ohio-based home finance platform, announced today it has raised $100 million in a Series A funding round led by Accel. This round is notable for a number of reasons. First off, it’s a large Series A even by today’s standards . The financing also marks the previously bootstrapped Lower’s first external round of funding in its seven-year history. Lower is also something that is kind of rare these days in the startup world: profitable. Silicon Valley-based Accel has a history of b...
Tags: Fundings & Exits, Startups, Real Estate, Finance, Funding, Tech, Banking, Software, United States, Computing, Venture Capital, Ohio, Silicon Valley, Detroit, Columbus, Allstate

Aircall raises $120 million for its cloud-based phone system

Aircall has raised a $120 million Series D round led by Goldman Sachs Asset Management. Following today’s funding round, the company has reached unicorn status, which means it has a valuation above $1 billion — this is the 16th French unicorn. The startup has been building a cloud-based phone system for call centers, support lines and sales teams. It integrates with Salesforce, HubSpot, Zendesk, Slack, Intercom and other popular CRM, support and communication systems. Aircall customers can creat...
Tags: Fundings & Exits, Startups, Europe, London, France, Berlin, Tech, SaaS, France Newsletter, Madrid, Aircall, Goldman Sachs Asset Management, Overall Aircall, Goldman Sachs Asset Management Following, Salesforce HubSpot Zendesk Slack Intercom, Draper Esprit Adam Street Partners NextWorldCap

Viva Republica, developer of Korean financial super app Toss, raises $410M at a $7.4B valuation

Viva Republica, the Seoul-based fintech company behind Toss, a super app with more than 40 financial services, announced today it has raised $410 million at a post-money valuation of $7.4 billion. The new funding was led by Alkeon Capital, an American investment firm, and included participation from new investors like Korea Development Bank, and returning backers Altos Ventures and Greyhound Capital. The company plans to launch Toss Bank, a neobank, in September 2021, which it describes as “the ...
Tags: Fundings & Exits, Startups, TC, Asia, South Korea, Southeast Asia, Tech, Malaysia, Korea, Vietnam, Financial Services, Seoul, Fintech, Toss, Challenger Bank, Lee

Airbank centralizes all your business bank accounts and financial data

Meet Airbank, a startup that is taking advantage of open banking regulation and related APIs to aggregate all your bank accounts. Focused on startups and small and medium companies, the company wants to build an all-in-one banking interface to access financial data, initiate payments, manage cash flow and more. Airbank just raised a $3 million (€2.5 million) seed round led by Pia d'Iribarne and Jean de la Rochebrochard at New Wave, with Speedinvest and Tiny VC also participating. A handful o...
Tags: Google, Fundings & Exits, Startups, TC, Europe, Microsoft, Tech, Fintech, Jean De La Rochebrochard, PIA, Speedinvest, New Wave, Open Banking, Upflow, Libeo, Iribarne

Australian fintech Zeller lands $50M AUD led by Spark Capital at a $400M AUD valuation

Zeller, a Melbourne-based fintech founded by former Square executives to serve small- to mid-sized businesses, has raised $50 million AUD (about $37.5 million USD) led by Spark Capital, the investment firm whose portfolio also includes Twitter, Slack and Coinbase. Zeller’s valuation is now $400 million AUD (about $301 million USD). The funding included participation from returning investors Square Peg, Apex Capital Partners and Addition, and brings Zeller’s total raised in under a year to $81 mi...
Tags: Fundings & Exits, Startups, TC, Australia, Tech, Asia Pacific, Square, Melbourne, Fintech, Spark Capital, Ben, SMEs, Zeller, Eftpos, Twitter Slack, Business Bank

The early-stage venture capital market is weird and chaotic

When SoftBank announced its first Vision Fund back in 2017, TechCrunch gawked at the size of the fundraising vehicle and its $100 million minimum check size. Noting a few of its early deals, we wrote that “the party is just getting started.” Little did we know how accurate that quip would become. The Vision Fund poured capital into a host of companies with big plans, or what could at least be construed as grandiose hypotheses about the future. And after deploying $98.6 billion in a blizzard of d...
Tags: Fundings & Exits, Startups, TC, Softbank, Tech, Vc, United States, Series A, Series B, Exchange, The Exchange, Glasswing Ventures, Rudina Seseri, Vision Fund, Early-stage Venture Capital, Seseri

G2 raises $157M for its software review service

This morning G2, a company that provides an online software review and information database, announced that it has raised a $157 million Series D. Per a release the company shared with TechCrunch in advance of its news, G2 is now worth more than $1 billion, making it a unicorn in modern parlance. Permira led the round via its growth fund, while prior venture capital firms IVP, Emergence, and Accel also contributed. The investment also included capital from LinkedIn, which previously invested, an...
Tags: Fundings & Exits, Startups, Asia, Europe, Linkedin, Tech, IVP, Accel, Permira, Abel, NLP, Marketing Solutions, Capterra, G2, Godard Abel

What does Red Hat’s sale to IBM tell us about Couchbase’s valuation?

The IPO rush of 2021 continued this week with a fresh filing from NoSQL provider Couchbase. The company raised hundreds of millions while private, making its impending debut an important moment for a number of private investors, including venture capitalists. According to PitchBook data, Couchbase was last valued at a post-money valuation of $580 million when it raised $105 million in May 2020. The company — despite its expansive fundraising history — is not a unicorn heading into its debut to t...
Tags: Fundings & Exits, Startups, Enterprise, Ipo, Tech, Ibm, Nosql, Red Hat, PitchBook, Couchbase, EC Cloud and Enterprise Infrastructure

Equity Monday: China hates crypto, and the Vision Fund’s vision lives on

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. Our live show is this week! And we’re very excited about it! Details here, and you can reg...
Tags: Apple, Fundings & Exits, Startups, Facebook, Spotify, Audio, China, Tech, Crypto, Stock Market, Cryptocurrencies, Fintech, Coinbase, Revolut, Clubhouse, Kinko

Maybe neobanks will break even after all

The Exchange is back after its brief hiatus. Anna and I have some really neat stuff planned, so stick with us every morning this week. — Alex Building a consumer-facing fintech company is expensive. And if you want to build one in a sector crowded by both incumbent companies and richly funded startups, it can be super expensive. That was the lesson we learned in late 2020 by examining operating results from a number of neobanks. Neobanks are essentially software layers atop banking infrastructur...
Tags: Fundings & Exits, Startups, TC, Finance, Tech, Anna, Starling, Revolut, Romain Dillet, Monzo, The Exchange, Neobank, Neobanks, EC Newsletter, EC Fintech, Alex Building

Vietnamese financial services app MFast gets $1.5M pre-Series A led by Do Ventures

MFast founders Phan Thanh Long and Phan Thanh Vinh MFast, a mobile app that lets Vietnamese users in remote areas access financial services, announced it has raised a $1.5 million pre-Series A today. The round was led by Do Ventures, with participation from JAFCO Asia.   Launched in 2019 by fintech company Digipay, MFast says it has been used by 600,000 people to date. It partners with financial institutions who provide services like loans and insurance, and says it has been used to distribu...
Tags: Fundings & Exits, Startups, TC, Apps, Tech, Vietnam, Financial Services, Fintech, Jeff, Jafco, Do Ventures, Naver Vertex, Digipay, JAFCO Asia, MFast, Phan Thanh Long

Mediflash is a freelancer marketplace for health professionals

Meet Mediflash, a new French startup that wants to improve temp staffing in healthcare facilities, such as nursing homes, clinics and mental health facilities. The company positions itself as an alternative to traditional temp staffing agencies. They claim to offer better terms for both caregivers and institutions. “It costs a small fortune to health facilities while caregivers are paid poorly,” co-founder Léopold Treppoz told me. Traditional temp staffing agencies hire caregivers and nurses on ...
Tags: Fundings & Exits, Startups, Europe, Marketplace, France, Tech, France Newsletter, Caregiver, Staffing, Freelancer, Mediflash, Léopold Treppoz, Treppoz, Metz Nancy, Strasbourg Mediflash, Firstminute Capital Several business angels

Neo4j raises Neo$325m as graph-based data analysis takes hold in enterprise

Databases run the world, but database products are often some of the most mature and venerable software in the modern tech stack. Designers will pixel push, frontend engineers will add clicks to make it more difficult to drop out of a soporific Zoom call, but few companies are ever willing to rip out their database storage engine. Too much risk, and almost no return. So it’s exceptional when a new database offering breaks through the barriers and redefines the enterprise. Neo4j, which offers a g...
Tags: Google, Fundings & Exits, Startups, Enterprise, Developer, Singapore, Funding, Tech, First, Suez Canal, APAC, Tom Hulme, Neo4j, DTCP, Eifrem, Emil Eifrem

eqtble, a platform that uses data analytics to create healthier workplaces, raises $2.7M seed

eqtble founders (from l to r): Ethan Veres, Gabe Horwitz and Joseph Ifiegbu “People are the backbone of any organization. People are more important than the product. Without people, you don’t have a product,” says Joseph Ifiegbu, who is Snap’s former head of human resources technology and also previous lead of WeWork’s People Analytics team. Ifiegbu’s startup, called eqtble, wants to give HR teams the same kind of detailed analytics that product, sales and marketing departments have had for a...
Tags: Fundings & Exits, Startups, TC, Tech, Compensation, Recruitment, WeWork, Human Resources, Talent, Hiring, Initialized Capital, Horwitz, People Analytics, Culture Amp, Dei, HR Analytics

Unit raises $51M in Accel-led Series B to grow its banking-as-a-service platform

We’ve all heard the phrase, “Every company is a fintech.”  But these days, that’s becoming more and more true as an increasing number of companies that are not even in the financial services space seek to add a fintech component to their offering. A group of startups poised to benefit from this shift are those offering banking as a service. One such startup, Unit , has raised $51 million in a Series B round to further its goal of making it possible for companies and fintechs alike to bui...
Tags: Fundings & Exits, Startups, Amit Kumar, Finance, Funding, Tel Aviv, Tech, Venture Capital, Silicon Valley, Payments, Fintech, Accel, Unit, Recent Funding, Itai Damti, Doron Somech

Honey Insurance launches with $15.5M AUD, the largest seed round ever for an Australian tech startup

When Richard Joffe moved his family to Australia in 2019, he said applying for home insurance “was like traveling back in time 30 years.” “I found the sign-up process painful, the fine print was confusing and the insurance company was totally reactive, not proactive. They never contacted me aside from my renewal,” he told TechCrunch. Joffe, who founded parking sensor platform Park Assist and jobs platform in the United States, began researching and found many people in Australia shared...
Tags: Fundings & Exits, Startups, TC, Australia, Tech, Foxtel, United States, Stella, News Corp Australia, Larry Diamond, David Carter, Joffe, Peter Tonagh, RACQ, Tim Fung, Anthony Eisen

Solar concentration startup Heliogen basks in $108M of new funding

Sunlight is a great source of energy, but it rarely gets hot enough to fry an egg, let alone melt steel. Heliogen aims to change that with its high-tech concentrated solar technique, and has raised more than a hundred million dollars to test its 1,000-degree solar furnace to a few game mines and refineries. We covered Heliogen when it first made its debut in 2019, and the details in that article still get at the core of the company’s tech. Computer vision techniques are used to carefully control...
Tags: Fundings & Exits, Startups, Gross, Funding, Tech, Artificial Intelligence, Asia Pacific, Rio Tinto, Solar, Bill Gross, GreenTech, MOU, Mena, ArcelorMittal, Gekko, Boron CA

Meet Nickson, the furniture-as-a-service startup that Barack Obama’s ex-financial adviser just backed

Ever toured an apartment and fell in love with the model unit? You’re not alone. Harvard Business School grad Cameron Johnson is a former institutional real estate investor and Greystar exec turned startup founder who realized that very often, “renters would try to rent the model apartment.” This got him thinking. People would love to rent a model apartment in a building, and no one likes to move. This spelled opportunity in Johnson’s mind. So in 2017, he came up with the idea of Nick...
Tags: Fundings & Exits, Startups, Real Estate, Funding, Barack Obama, Startup, Tech, Austin, Venture Capital, Dallas, Houston, Johnson, Apartment, Robinson, Hippo, Harvard Business School

Edge computing startup Macrometa gets $20M Series A led by Pelion Venture Partners

Macrometa, the edge computing cloud and global data network for app developers, announced today it has raised a $20 million Series A. The round was led by Pelion Venture Partners, with participation from returning investors DNX Ventures (the Japan and US-focused enterprise fund that led Macrometa’s seed round), Benhamou Global Ventures (BGV), Partech Partners, Fusion Fund, Sway Ventures and Shasta Ventures. The startup, which is headquartered in Palo Alto with operations in Bulgaria and India, p...
Tags: Fundings & Exits, Startups, TC, Japan, India, US, Tech, Palo Alto, Argentina, Bulgaria, Cloudflare, Shasta Ventures, App Developers, Cloud Infrastructure, Chris Cooper, Apache Kafka

Carbyne raises $20M more so when death knocks, you don’t answer the door

Chaos and crisis are sisters, and none more so than when you dial for emergency help. A call to 911 in the United States and urgent numbers globally spins off a number of additional calls to emergency response teams, ambulances, hospitals and other actors who need to coordinate action to save your life. Theoretically, everyone should be working off the same data, but also theoretically, I should be able to eat ice cream without getting fat. Israel-based Carbyne’s software platform coordinates th...
Tags: Health, Fundings & Exits, Startups, 911, Government, Funding, Israel, Tech, United States, New Orleans, KKR, Cto, Texas Georgia, GMR, Israel Aerospace Industries, Ingrid Lunden

Golden Gate Ventures forecasts a record number of exits in Southeast Asia

Despite the pandemic’s economic impact, Southeast Asia’s startup ecosystem has proven to be very resilient. In fact, a new report from investment firm Golden Gate Ventures predicts a record number of exits will happen in the region over the next couple of years, thanks to factors like a maturing ecosystem, more secondary buyers and the emergence of SPACs. The firm’s comprehensive “Southeast Asia Exit Landscape Report 2.0,” is a followup to a previous report published in 2019. Here are some highl...
Tags: Fundings & Exits, Startups, TC, Asia, New York, Southeast Asia, Singapore, US, Tech, United States, Silicon Valley, New York Stock Exchange, Golden Gate Ventures, Gojek, SPAC, INSEAD

Upflow raises $15 million to manage your outstanding invoices

French startup Upflow has raised a $15 million Series A round. The company wants to help you chase late payments. It optimizes how you collect payments from your customers in order to improve your cash-cycle. Investors in today’s funding round include 9yards Capital, existing investor eFounders, as well as N26 co-founder Maximilian Tayenthal, Uber SVP of Delivery Pierre-Dimitri Gore-Coty, auxmoney co-founder and CEO Raffael Johnen. People who run a business often tell you that getting paid is a ...
Tags: Fundings & Exits, Startups, Europe, France, Tech, France Newsletter, Invoice, IBAN, Maximilian Tayenthal, Adikteev, Pierre Dimitri Gore, Upflow, Alexandre Louisy, Raffael Johnen, Cash-cycle, Xero Netsuite Chargebee

Automotive marketplace Carro hits unicorn status with $360M Series C led by SoftBank Vision Fund 2

Carro, one of the largest automotive marketplaces in Southeast Asia, announced it has hit unicorn valuation after raising a $360 million Series C led by SoftBank Vision Fund 2. Other participants include insurance giant MSIG and Indonesian-based funds like EV Growth, Provident Growth and Indies Capital. About 90% of vehicles sold through Carro are secondhand, and it offers services that cover the entire lifecycle of a car, from maintenance to when it is broken down and recycled for parts. Founde...
Tags: Fundings & Exits, Startups, TC, Asia, Indonesia, Southeast Asia, Singapore, Tech, Thailand, United States, Malaysia, Used Cars, TechCrunch, Nairobi, Aaron, GEICO owner Automattic acquires journaling app Day One

Automattic is expanding its lineup of online writing platforms with its acquisition of Day One, a popular journaling app for Mac and Apple mobile devices. The app has been downloaded more than 15 million times since its March 2011 launch on the Mac and iTunes App Store, offering users a private place to share their thoughts. Since then, it’s been awarded the App Store Editor’s Choice, App of the Year, and the Apple Design Award, along with praise from various reviewers. Deal terms were not immed...
Tags: Apple, Fundings & Exits, Verizon, Apps, Wordpress, Tech, Tumblr, Journal, Day One, Microblogging, Automattic, Mayne, Paul Mayne, Spotify YouTube Facebook Twitter, Mayne By joining Automattic

Yana’s mental health tool for Spanish speakers nears 5 million users

Andrea Campos has struggled with depression since she was 8 years old. Over the years, she’s tried all sorts of therapies — from behavioral to pharmacotherapy. In 2017, when Campos was in her early 20s, she learned to program and created a system to help manage her mental health. It started as a personal project but as she talked to more people, Campos realized that many others might benefit from the system as well. So, she then built an application to provide access to mental health tools ...
Tags: Apple, Health, Google, Fundings & Exits, Startups, TC, Facebook, Apps, Messenger, Mexico, Funding, Social Media, Startup, Tech, Spain, Software

Anrok raises $4.3M to solve sales tax for SaaS companies

It’s easier than ever to build a product and sell it around the United States, or the world. But if you want to do so without incurring the wrath of any particular state, or nation-state, you’d best have your tax matters in order. This is why Stripe’s news last week that it has built tax-focused tooling to help its customers manage their state bills mattered. But for SaaS companies, things can be more complicated from a tax perspective. That’s what Anrok, a startup working to build sales tax sof...
Tags: Fundings & Exits, Startups, Tech, United States, SaaS, Sales Tax, 3m, Index Ventures, Valentine, Recent Funding, Anrok, Seqouia, Michelle Valentine, Kannan Goundan Via

Despite flat growth, ride-hailing colossus Didi’s US IPO could reach $70B

Didi filed to go public in the United States last night, providing a look into the Chinese ride-hailing company’s business. This morning, we’re extending our earlier reporting on the company to dive into its numerical performance, economic health and possible valuation. Didi is approaching the American public markets at a fortuitous moment. While the late-2020 IPO fervor, which sent offerings from DoorDash and others skyrocketing after their debuts, has cooled, valuations for public companies re...
Tags: Fundings & Exits, Startups, TC, Lyft, Uber, China, US, Tech, United States, Venture Capital, Carsharing, Unicorn, Doordash, Didi, GTV, EC News Analysis

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