Posts filtered by tags: Dragoneer Investment Group[x]


 

Chat App Discord Raises $500 Million in New Funding

(Reuters) - Chat platform Discord has raised $500 million in a new funding round led by investment firm Dragoneer Investment Group, a company...
Tags: Dragoneer Investment Group, Reuters


SpotOn raises $300M at a $3.15B valuation and acquires Appetize

Last year at this time, SpotOn was on the brink of announcing a $60 million Series C funding round at a $625 million valuation. Fast forward to almost exactly one year later, and a lot has changed for the payments and software startup. Today, SpotOn said it has closed on $300 million in Series E financing that values the company at $3.15 billion — more than 5x of its valuation at the time of its Series C round, and significantly higher than its $1.875 billion valuation in May (yes, just thr...
Tags: Fundings & Exits, Startups, Instagram, Finance, Funding, Los Angeles, San Francisco, Startup, Tech, SaaS, Venture Capital, M&a, Square, Mobile Web, Payments, Online Payments


Daily Crunch: Salesforce rolls out initial post-acquisition Slack integrations

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for August 17, 2021. Today we have what struck us as the most interesting collection of startup news in some time. And we’re keeping an international perspective, diving into Brazil’s IPO market and — see below — fintech industry, while also looking at what’s ahead for Nigeria’s burgeoning startup industry. (Africa is busy!) Before...
Tags: TC, Nigeria, Africa, Tech, Brazil, South America, Jack, Coinbase, Dragoneer Investment Group, Hopper, Sukhinder Singh Cassidy, Central Bank, Monte Carlo, Ron Miller, Newsletters, Danny Crichton


Maven’s comprehensive approach to women’s health earns it unicorn status

For Kate Ryder, the founder of women’s health clinic and benefits platform Maven, business is personal. During the first year of building her company, Ryder experienced a miscarriage. Maven began offering support for pregnancy loss and high-risk care management as the founder herself waded through the emotions and confusion of it. Ryder was then a Maven “customer” for her following three pregnancies, using the platform for after-hours advice, virtual access to specialists or, more recently, guid...
Tags: Health, Startups, TC, Microsoft, Tech, Women's Health, Oprah Winfrey, Cnbc, Dragoneer Investment Group, Digital Health, Maven, Farr, Ryder, OB, Shakir, Christina Farr


South African payments startup Yoco raises $83M Series C led by Dragoneer

Small and medium enterprises (SMEs) contribute heavily to the economic success of many countries, particularly those in the developing world. They are the backbone of most economies: Globally, SMEs represent about 90% of existing businesses and create more than 50% of employment. In South Africa, these businesses contribute around one-third of the country’s GDP. Last year, the coronavirus pandemic threatened the existence of some of these SMEs, and its effects linger as owners worry about revenu...
Tags: Africa, Tech, Paypal, South Africa, Middle East, Amsterdam, Cape Town, Dragoneer Investment Group, Gojek, Monzo, Middle East With, Dragoneer, Flutterwave, Yoco, Katlego Maphai, Carl Wazen


South African payments startup Yoco raises $83M Series C backed by Dragoneer

Small and medium enterprises (SMEs) contribute heavily to the economic success of many countries, particularly those in the developing world. They are the backbone of most economies: Globally, SMEs represent about 90% of existing businesses and create more than 50% of employment. In South Africa, these businesses contribute around one-third of the country’s GDP. Last year, the coronavirus pandemic threatened the existence of some of these SMEs, and its effects linger as owners worry about revenu...
Tags: Africa, Tech, Paypal, South Africa, Middle East, Amsterdam, Cape Town, Dragoneer Investment Group, Gojek, Monzo, Middle East With, Dragoneer, Flutterwave, Yoco, Katlego Maphai, Carl Wazen


ManoMano raises $355 million for its home improvement e-commerce platform

French startup ManoMano has raised a Series F funding round of $355 million led by Dragoneer Investment Group. The company operates an e-commerce platform focused on DIY, home improvement and gardening products. It is currently available in six European countries. Following today’s funding round, the company has reached a valuation of $2.6 billion. In addition to Dragoneer Investment Group, Temasek, General Atlantic, Eurazeo, Bpifrance’s Large Venture fund, Aglaé Ventures, Kismet Holdings and Ar...
Tags: Fundings & Exits, Startups, Ecommerce, Europe, Gardening, Home Improvement, France, Germany, Tech, Spain, Italy, France Newsletter, Dragoneer Investment Group, ManoMano, Philippe de Chanville, Armat Group


SpotOn raises $125M in a16z-led Series D, triples valuation to $1.875B

Certain industries were hit harder by the COVID-19 pandemic than others, especially in its early days. Small businesses, including retailers and restaurants, were negatively impacted by lockdowns and the resulting closures. They had to adapt quickly to survive. If they didn’t use much technology before, they were suddenly being forced to, as so many things shifted to digital last year in response to the COVID-19 pandemic. For companies like SpotOn, it was a pivotal moment.  The startup, w...
Tags: Fundings & Exits, Startups, TC, Cloud, Mexico, Finance, San Francisco, Startup, Tech, E-commerce, Chicago, Mexico City, SaaS, Venture Capital, Poland, Square


Indian logistics SaaS startup FarEye raises $100 million

FarEye, an Indian SaaS startup that helps firms globally optimize their supply chain and logistics operations, said on Tuesday it has raised a new financing round, its third since the pandemic broke last year, as it looks to further expand in international markets. The Noida-headquartered startup has raised $100 million in its Series E round, which was co-led by high-profile backers TCV and Dragoneer Investment Group. Existing investors Eight Roads Ventures, Fundamentum, Honeywell also participa...
Tags: TC, Asia, Europe, Singapore, India, Funding, Tech, Walmart, North America, DHL, Logistics, Oracle, Dragoneer Investment Group, Eight Roads Ventures, Fmcg, Honeywell


With an ARR topping $250 million, LA’s vertical SAAS superstar ServiceTitan is now worth $8.3 billion

Who knew building a vertical software as a service toolkit focused on home heating and cooling could be worth $8.3 billion? That’s how much Los Angeles-based ServiceTitan, a startup founded just eight years ago is worth now, thanks to some massive tailwinds around homebuilding and energy efficiency that are serving to boost the company’s bottom line and netting it an unprecedented valuation for a vertical software company, according to bankers. The company’s massive mint comes thanks to a new $5...
Tags: TC, California, Finance, US, Los Angeles, Tech, Atlanta, Investment, Software, United States, Greenhouse Gas Emissions, Energy Efficiency, Armenia, Tiger Global Management, Dragoneer Investment Group, Sequoia


From rumors to reality: The long and winding path to a Compass IPO

Compass' initial public offering has been the source of speculation at both Inman and other media outlets since at least 2017. Here's a look back at the origins of our obsession.
Tags: Ipo, Radio, Compass, Dragoneer Investment Group, Industry News, Craig Anderson, Brokerage, Select, SoftBank Vision Fund, Public Offering, Robert Reffkin


This Week in Apps: Social apps react to riots, Parler gets booted, FTC threatens regulation

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry is as hot as ever, with  204 billion downloads and $120 billion in global consumer spend in 2019. Consumer spend also hit a record $112 billion across iOS and Android alone. Not including third-party Chinese app stores, iOS and Android users 130 billion apps in 2020. Due to COVID-19, time spent in apps 25% year-over-year ...
Tags: Apple, Google, TC, Mobile, Facebook, Apps, Mark Zuckerberg, Instagram, Microsoft, China, US, Tech, Developers, Bbc, Beijing, Epic


Roblox raises at $29.5 billion valuation, readies for direct listing

Roblox is now one of the world’s most valuable private companies in the world after a monster Series H raise brings the social gaming platform a stratospheric $29.5 billion valuation. The company won’t be private for long, though. The $520 million raise led by Altimeter Capital and Dragoneer Investment Group is a significant cash influx for Roblox, which had previously raised just over $335 million from investors according to Crunchbase. The Investment Group of Santa Barbara, Warner Music Gro...
Tags: TC, Gaming, Tech, Computing, Warner-Music-Group, Airbnb, Websites, Andreessen Horowitz, Dragoneer Investment Group, Valuation, Crunchbase, Doordash, Altimeter Capital, Online Games, Roblox, Video Gaming


Unacademy raises funds from Tiger Global, Dragoneer Investment

Edtech platform Unacademy raised fresh investment from Tiger Global Management and Dragoneer Investment Group, which took its valuation to $2 billion, the company announced in a press release on Wednesday. It did not reveal the exact amount of capital it raised in the round, but TechCrunch pegged the round to be between $75 million to $100 million. In September, Softbank had invested $150 million in the edtech platform. In February, the platform had raised $110 million from General Atlantic, Seq...
Tags: Travel, News, Education, Youtube, Softbank, Funding, US, Tiger Global Management, Dragoneer Investment Group, Delhi High Court, Byju, Unacademy, Whitehat Jr, Aniruddha Malpani, BlackRock Sands Capital, Pradeep Poonia


This Week in Apps: Apple slashes commissions, Twitter launches Fleets, warnings about Parler

Welcome back to This Week in Apps, the TechCrunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is as hot as ever, with   204 billion downloads and $120 billion in consumer spending in 2019. People are now spending three hours and 40 minutes per day using apps, rivaling TV. Apps aren’t just a way to pass idle hours — they’re a big business. In 2019, mobile-first companies had a   $544 billion valuation, 6.5x higher ...
Tags: Apple, Google, Amazon, TC, Facebook, Apps, Twitter, Japan, Instagram, Supreme Court, Australia, Washington Post, Youtube, Ipo, Tech, Eu


Boutique investment bank Perella Weinberg is reportedly seeking to go public via a SPAC at a valuation of more than $1 billion

Perella Weinberg execs Peter Weinberg, Tarek F. Abdel-Meguid, and Joseph Perella. First Republic Perella Weinberg Partners, a boutique investment-banking advisory firm which was founded in 2006, is seeking to go public via an unidentified special purchase acquisition company, or SPAC, according to a report from Bloomberg. The firm was founded by Joe Perella, a former vice chairman at Morgan Stanley and head of its investment-banking division; and Peter Weinberg, formerly the CEO of Goldman...
Tags: New York, London, Time Warner, Trends, Bloomberg, Paypal, Reid Hoffman, Silicon Valley, Bill Ackman, Morgan Stanley, KKR, Lazard, Young, Dragoneer Investment Group, Royal Caribbean, Business Insider


Carbon Health raises $100 million with plans to expand pop-up clinics ahead of COVID-19 vaccination programs

Carbon Health has raised a $100 million Series C funding round, led by Dragoneer Investment Group and including participation from prior investors Brookfield Technology Partners, DCVC and Builders VC. This funding will be used to help the SF-based healthcare provider startup to continue to expand its nationwide footprint, including with the opening of 100 pop-up clinics planned for across 20 markets across the U.S. This past year has seen Carbon Health expand from just seven clinics to 27, sp...
Tags: Health, Startups, TC, Funding, US, Tech, Ceo, Medical Research, United States, Health Care, Pfizer, Vaccine, Biotech, Dragoneer Investment Group, Startup Funding, Omnichannel


The Station: Waymo makes its safety case, AV partnerships abound and the rising cost of FSD

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. It was a busy week in the world of transportation, particularly around automated vehicle technology. Let’s get to it. Email me at [email protected] to share thoughts, criticisms, opinions o...
Tags: TC, Transportation, Uber, Twitter, Europe, New York, London, New York City, Los Angeles, Tech, Tesla, Thailand, Automotive, Brooklyn, Electric Vehicles, Netherlands


The Station: Waymo makes it safety case, AV partnerships abound and the rising cost of FSD

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point B. It was a busy week in the world of transportation, particularly around automated vehicle technology. Let’s get to it. Email me anytime at [email protected] to share thoughts, criticisms, of...
Tags: TC, Uber, Twitter, Europe, New York, London, Los Angeles, Tech, Tesla, Thailand, Automotive, Brooklyn, Electric Vehicles, Netherlands, Arizona, Gm


Reilly joins General Atlantic

Kell Reilly has joined General Atlantic as a managing director. Reilly will focus on investments in the Technology sector, based in Palo Alto. Reilly was previously with D1 Capital Partners, where he served as co-head of the technology, media & telecommunications sector. PRESS RELEASE Kell Reilly Joins General Atlantic as Managing Director New York, NY — October 24, 2019 — General Atlantic, a leading global growth equity firm, announced today that Kell Reilly has joined the firm as a Managing Di...
Tags: Singapore, Trends, People, Atlantic, Bill Ford, General Atlantic, Dragoneer Investment Group, New York Ny, Reilly, Stanford Graduate School of Business, Technology Media Telecommunications, Pacific Equity Partners, Kell, Anton Levy, About General Atlantic General Atlantic, Palo Alto He


Uber wanted to IPO with a $120 billion valuation but ran into trouble when some of its biggest shareholders held out for a lower price (UBER)

Uber wanted to go public with the $120 billion valuation pitched by bankers at Morgan Stanley and Goldman Sachs ahead of its initial public offering, but the company ultimately listed with a $75.5 billion market cap. One reason is that institutional investors, many of which privately owned Uber stock, didn't want to buy more shares at the higher price, according to The New York Times. Uber had taken more than $10 billion from institutional investors and private-equity firms, among other invest...
Tags: Ipo, Samsung, Trends, New York Times, Ubs, Fidelity, Goldman Sachs, Times, Morgan Stanley, Wall Street Journal, Dragoneer Investment Group, UiPath, The New York Times Uber, The Times Many, The Times Asset, T Rowe Price and Wellington Management UiPath


PayPal to invest $750M, and Dragoneer $100M into MercadoLibre, Argentina’s e-commerce powerhouse

It’s not only SoftBank that’s eyeing up the opportunity to tap into the quickly expanding market for e-commerce in Latin America. MercadoLibre, a marketplace and financial services powerhouse based out of Argentina and serving 18 countries across the region, has announced that PayPal is investing $750 million, and VC Dragoneer another $100 million, as part of a $1.8 billion equity offering to grow its business — specifically to expand the functionality of its e-commerce platform; improve its log...
Tags: Amazon, TC, Ecommerce, Marketplace, Finance, India, Softbank, Funding, US, Tech, Paypal, Alibaba, Argentina, Goldman Sachs, Morgan Stanley, Instacart


U.S. mobile bank Chime raises $200 million, valuing its business at $1.5 billion

San Francisco-based mobile banking startup Chime announced this morning it has raised an additional $200 million in Series D financing led by DST Global, valuing its business at $1.5 billion. The oversubscribed round also included participation from new investors Coatue, General Atlantic, ICONIQ Capital and Dragoneer Investment Group, along with existing investors Menlo Ventures, Forerunner Ventures, Cathay Innovation and others. To date, Chime has raised approximately $300 million, including...
Tags: Travel, San Francisco, Comcast, Square, DST Global, SoFi, Dragoneer Investment Group, Cto, FDIC, American Banker, Plaxo, Chime, Ryan King, Moven, Brian Mullins, Chris Britt


US mobile bank Chime raises $200 million, valuing its business at $1.5 billion

San Francisco-based mobile banking startup Chime announced this morning it has raised an additional $200 million in Series D financing led by DST Global, valuing its business at $1.5 billion. The oversubscribed round also included participation from new investors Coatue, General Atlantic, ICONIQ Capital and Dragoneer Investment Group, along with existing investors Menlo Ventures, Forerunner Ventures, Cathay Innovation and others. To date, Chime has raised approximately $300 million, including...
Tags: US, San Francisco, Tech, Comcast, Square, DST Global, SoFi, Dragoneer Investment Group, Cto, FDIC, Britt, American Banker, Plaxo, Chime, Ryan King, Moven


Startups Weekly: Flexport, Clutter and SoftBank’s blood money

The Wall Street Journal published a thought-provoking story this week, highlighting limited partners’ concerns with the SoftBank Vision Fund’s investment strategy. The fund’s “decision-making process is chaotic,” it’s over-paying for equity in top tech startups and it’s encouraging inflated valuations, sources told the WSJ. The report emerged during a particularly busy time for the Vision Fund, which this week led two notable VC deals in Clutter and Flexport, as well as participated in Doo...
Tags: Startups, TC, Lyft, Uber, Y Combinator, Hong Kong, London, Pinterest, Saudi Arabia, Softbank, San Francisco, Startup, Tech, Venture Capital, Tencent, The Wall Street Journal


On-demand food service DoorDash racks up $400 mln Series F

San Francisco-based DoorDash, an on-demand food service, has raised $400 million in Series F funding, according to a blog post on its site. Temasek and Dragoneer Investment Group led the round with participation from return backers Softbank Vision Fund, DST Global, Coatue Management, GIC, Sequoia Capital and Y Combinator.  
Tags: San Francisco, Trends, Dragoneer Investment Group, Temasek, VC Deals, Softbank Vision Fund DST


DoorDash raises $400M round, now valued at $7.1B

Delivery company DoorDash is announcing that it has raised $400 million in Series F financing. Earlier this month, The Wall Street Journal reported that the company was looking to raise $500 million at a valuation of $6 billion or more. In fact, DoorDash now says the funding came at a $7.1 billion valuation. The round was led by Temasek and Dragoneer Investment Group, with participation from previous investors Softbank Vision Fund, DST Global, Coatue Management, GIC, Sequoia Capital and Y Combin...
Tags: Travel, Startups, Ecommerce, Funding, Walmart, Canada, United States, Wall Street Journal, Dragoneer Investment Group, Temasek, Doordash, Tony Xu, Xu, GrubHub, DoorDash Drive, August Co


Workplace messaging platform Slack has confidentially filed to go public

Slack, the provider of workplace communication and collaboration tools, has submitted paperwork with the Securities and Exchange Commission to go public later this year, the company announced on Monday. This is its first concrete step toward becoming a publicly-listed company, five years after it launched. Headquartered in San Francisco, Slack has raised more than $1 billion in venture capital investment, including a $427 million funding round in August. The round valued the business at $7.1 bil...
Tags: Fundings & Exits, Startups, TC, Lyft, Uber, Spotify, Enterprise, Softbank, Tech, Atlantic, Venture Capital, IVP, General Atlantic, Slack, Dragoneer Investment Group, Accel


Slack is reportedly following Spotify in going public through a direct listing. Here's how a direct listing works.

Slack is reportedly planning to use a rare direct listing to go public, potentially becoming the second big technology company after Spotify to bypass a traditional initial public offering. In a direct listing, a company foregoes the usual underwriting process, which involves lining up investors ahead of time and selling shares at a set price, and instead lets the open market play a greater role in setting the price. Slack, like Spotify, is perfectly positioned to effectively use a direct list...
Tags: Spotify, China, Softbank, US, Trends, New York Stock Exchange, General Atlantic, Slack, Dragoneer Investment Group, Blackrock


Slack is reportedly planning to go public through a direct listing rather than an IPO

Slack will go public through a direct listing rather than an IPO, The Wall Street Journal reports. The workplace messaging service is aiming to list between April and June. Slack had previously hired investment bank Goldman Sachs Group to lead its initial public offering. Slack is planning to go public through a direct listing, The Wall Street Journal reported on Friday, citing people familiar with the matter. Slack, which operates a popular workplace instant-messaging and collaboration app, ...
Tags: Microsoft, Trends, Wall Street Journal, General Atlantic, Dragoneer Investment Group, Reuters, Goldman Sachs Group, Spotify Technology SA, IPO WSJ