Posts filtered by tags: Felicis Ventures[x]


 

Has a startup finally found one of food science’s holy grails with its healthy sugar substitute?

A little less than three years ago at the Computer Science Museum in Mountain View, Calif. the founders of a young company hailing from Cambridge, England addressed a crowd of celebrities, investors and entrepreneurs at Y Combinator’s August Demo Day promising a revolution in food science. Over the years, the event has become a relatively low-tech, low-budget showcase for a group of tech investors and billionaire industry insiders to take a look at early stage businesses that could be their next...
Tags: Food, TC, Y Combinator, Europe, Chef, New York, Colorado, California, China, India, New York City, Tech, European Union, Taiwan, United States, United Kingdom


Eat this, exercise now; new personalized software predicts and helps prevents blood sugar spikes

Not everyone has Type 2 diabetes, the disease that causes chronically high blood sugar levels, but many do. Around 9% of Americans are afflicted, and another 30% are at risk of developing it. Enter software by January AI, a four-year-old, subscription-based startup that in November began providing personalized nutritional and activity-related suggestions to its customers based on a combination of food-related data the company has quietly amassed over three years, and each person’s unique profile...
Tags: Health, TC, Stanford, Tech, SaaS, Venture Capital, Marissa Mayer, Jerry Yang, Felicis Ventures, Marc Benioff, Ame Cloud Ventures, Mike, Hashemi, Michael Snyder, SignalFire, Steve Chen


Eat this, exercise now; new personalized software predicts and helps prevent blood sugar spikes

Not everyone has Type 2 diabetes, the disease that causes chronically high blood sugar levels, but many do. Around 9% of Americans are afflicted, and another 30% are at risk of developing it. Enter software by January AI, a four-year-old, subscription-based startup that in November began providing personalized nutritional and activity-related suggestions to its customers based on a combination of food-related data the company has quietly amassed over three years, and each person’s unique profile...
Tags: Health, TC, Stanford, Tech, SaaS, Venture Capital, Marissa Mayer, Jerry Yang, Felicis Ventures, Marc Benioff, Ame Cloud Ventures, Mike, Snyder, Hashemi, Michael Snyder, SignalFire


Extra Crunch roundup: Optimized SaaS pricing, recruiting growth experts, VC surveys, more

Since the pandemic began, have you been walking more, or do you know someone who bought a new car? Perhaps you ran your first errand on a rented e-bike or scooter? Over the last year, I’ve experimented with different mobility options to see which ones best suit my needs, as have most people I know. It can be challenging to maintain a recommended physical distance on a bus or subway. (After a decade-plus hiatus, I even briefly considered rejoining the ranks of automobile owners!) Full Extra Crun...
Tags: Startups, TC, Transportation, Labor, Finance, San Francisco, Tech, Getty Images, SaaS, Venture Capital, Rover, Alex, Robinhood, Coinbase, Gamestop, Felicis Ventures


01 Advisors, the venture firm of Dick Costolo and Adam Bain, has closed fund two with $325 million

Dick Costolo and Adam Bain, renowned early Twitter execs who served as company’s CEO and its chief operating officer, respectively, have quietly closed a second venture fund just one-and-a-half years after disclosing they’d secured $135 million for a debut fund under their firm, 01 Advisors. According to an SEC filing, they wrapped up their second fund late last week with $325 million in capital commitments from 81 investors. We’ve reached out to the firm and hope to share more soon. In the mean...
Tags: TC, Twitter, Dick Costolo, Israel, San Francisco, Tech, Virgin Galactic, Venture Capital, SEC, DST Global, Bain, Felicis Ventures, Adam Bain, Browns, SPAC, Kovacs


Felicis’ Aydin Senkut and Guideline’s Kevin Busque on the value of simple pitch decks

Even though Kevin Busque is a co-founder of TaskRabbit, he didn’t get the response he was hoping for the first time he pitched his new venture to Felicis Ventures’ Aydin Senkut. Nonetheless, he said the outcome was one of the best things that could have happened. “I’m kind of glad that he didn’t invest at the time because it really forced me to take a hard look at what we were doing and really enabled us to become Guideline,” said Busque. “That seed round was an absolute slog. I think I spent se...
Tags: Startups, TC, Funding, Tech, Venture Capital, Felicis Ventures, Kevin Busque, Kevin, Busque, ECL, Aydin Senkut, Senkut, Guideline, Felicis, Extra Crunch Live, Felicis Ventures Aydin Senkut Nonetheless


At Extra Crunch Live, Felicis’ Aydin Senkut and Guideline’s Kevin Busque will look back on the Series B deal that brought them together

Aydin Senkut is a Swiss Army knife of an investor. He has been on the Midas List for the past seven years, with early investments in companies like Shopify, Rovio, Fitbit, Ayden, Credit Karma, SoundHound and more. One such investment is Guideline, an enterprise tech company focused on giving small businesses a simplified way to offer affordable 401ks to employees. Guideline has raised nearly $140 million from investors such as Tiger Global Management, Greyhound, Generation Investment Management,...
Tags: Google, Startups, TC, Tech, Asia Pacific, Venture Capital, EC, Felicis Ventures, Kevin Busque, Swiss Army, Busque, Aydin Senkut, Senkut, Guideline, Felicis, Extra Crunch Live Announcement


Literati raises $40M for its book club platform

Literati has raised a $40 million Series B to pursue an unusual startup opportunity — namely, book clubs. Founder and CEO Jessica Ewing (a former product manager at Google) explained that the Austin-based company started out with book clubs for kids, before launching its Luminary brand for adult book clubs last year. And the Luminary clubs live up to the name — they’re curated by notable figures such as activist and Nobel laureate Malala Yousafzai, NBA star Stephen Curry, entrepreneur and philan...
Tags: Google, Amazon, Startups, TC, Dick Costolo, Austin, Nba, Richard Branson, Malala Yousafzai, Book Club, Oprah, General Catalyst, Curry, Felicis Ventures, Adam Bain, Shasta Ventures


Mosaic raises $18.5M Series A from GC to rebuild the CFO software stack

CFOs are the supposed omniscient owners of a company. While the CEO sets strategy, messages, and builds culture, the CFO needs to know everything that it is going on in an organization. Where is revenue coming from, and when will it arrive? How much will new headcount cost, and when do those expenses need to be paid? How can cash flows be managed, and what debt products might help smooth out any discontinuities? As companies have migrated to the cloud, these questions have gotten harder to answe...
Tags: Google, Fundings & Exits, Startups, Finance, Ipo, Funding, Tech, ERP, Anaplan, Palantir, Felicis Ventures, Cfo, Mosaic, Everlaw, XYZ Ventures, Ross Fubini


Robot lawyer startup DoNotPay now lets you file FOIA requests

DoNotPay, the consumer advice company that started out helping people easily challenge parking tickets, has come a long way since it launched. It’s expanded to help consumers cancel memberships, claim compensation for missed flights, and even sue companies for small claims. In the early days of the pandemic, the startup helped its users file for unemployment, where many state benefit sites crashed. Now the so-called “robot lawyer” has a new trick. The startup now lets you request information fro...
Tags: Security, Startups, US, Articles, Tech, United States, Andreessen Horowitz, Felicis Ventures, Series A, Freedom of Information Act, Browder, Joshua Browder, Coatue Management, DoNotPay, TechCrunch Browder


ultimate.ai scores $20M for a supportive approach to customer service automation

Ultimate.ai, a virtual customer service agent builder, has closed a $20 million Series A round of funding, led by Omers Ventures with participation from Felicis Ventures and existing investors HV Capital, and Maki.vc — bringing its total raised to date to $25M+. The European startup’s flagship claim for the data-ingesting bot-builder platform is it’s capable of automating up to 80% of customer support interactions. The focus, as tends to be the case for all these customer service conversational ...
Tags: Google, Fundings & Exits, Startups, TC, Europe, Berlin, Tech, Artificial Intelligence, Ai, North America, Felicis Ventures, Helsinki, Finnair, Markus, ARR, Maki


Kyklo raises $8.5M to bring electrical distributors online

Kyklo, a startup that helps wholesale distributors of electrical and automation products launch e-commerce stores, is announcing that it has raised $8.5 million in seed funding. The industry may sound a bit arcane, but it’s one that founders Remi Ducrocq (Kyklo’s CEO) and Fabien Legouic (CTO) know from having worked at Schneider Electric. Ducrocq said that the process of selling these products to manufacturers and electricians remains a cumbersome process that relies largely on PDF catalogs. Shi...
Tags: Fundings & Exits, Startups, Ecommerce, Enterprise, Funding, Tech, Cto, Felicis Ventures, Jungle Ventures, Ia Ventures, Kyklo, Fabien Legouic, Ducrocq, Sundeep Peechu, Remi Ducrocq Kyklo, Schneider Electric Ducrocq


Woven adds to its calendar app’s $20/mo premium plan

Productivity software has had a huge couple of years, yet for all of the great note-taking apps that have launched, consumers haven’t gotten a lot of quality options for Google Calendar replacements. This week, Woven, a calendar startup founded by former Facebook CIO Tim Campos is shaking up the premium tier of their scheduling software, hoping that productivity-focused users will pay to further optimize the calendar experience just as they have paid up for subscription email services like Super...
Tags: TC, Facebook, Time, Tech, CIO, Google-calendar, Felicis Ventures, Battery Ventures, Zoom, Campos, Productivity Software, Web Conferencing, Teleconferencing, Groupware, Tiny Capital, Facebook CIO Tim Campos


Popmenu earns raves from investors for its marketing and delivery software for restaurants

Brendan Sweeney didn’t know anything about the restaurant business before he and his co-founders launched the Atlanta-based startup Popmenu. What Sweeney did know was that it was nuts that while every other business was using incredible graphics, curated text, carefully crafted images and fancy videos to make their pitch to customers restaurants were — posting a text-based menu. “It’s just crazy that restaurants present their inventory, which is their whole story, their whole selling proposition...
Tags: TC, Los Angeles, Tech, Atlanta, Tripadvisor, Felicis Ventures, Sweeney, CareerBuilder, Koch, Brendan Sweeney, Bedrock Capital, Commissions Inc, Popmenu, COVID, Base10 Partners, Milan Koch


Verkada adds environmental sensors to cloud-based building operations toolkit

As we go deeper into the pandemic, many buildings sit empty or have limited capacity. During times like these having visibility into the state of the building can give building operations peace of mind. Today, Verkada, a startup that helps operations manage buildings via the cloud, announced a new set of environmental sensors to give customers even greater insight into building conditions. The company had previously developed cloud-based video cameras and access control systems. Verkdada CEO and...
Tags: Security, Startups, TC, Cloud, Enterprise, Sensors, Iot, Felicis Ventures, Verkada, Filip Kaliszan, Kaliszan, TechCrunch Operations


PicnicHealth raises $25 million for its patient health record management service

PicnicHealth, the startup that’s looking to give patients a way to manage their care in one place and pharmaceutical companies access to patient records for real world data, has just raised $25 million in financing to grow its business. Founded in 2016 by a former international development worker and Crohn’s Disease patient, Noga Leviner, PicnicHealth’s initial pitch was around giving patients the ability to manage and coordinate their own care. It’s something that Leviner, a person with a chron...
Tags: Health, TC, Stanford, US, Articles, Tech, United States, Healthcare, Disease, Director, Felicis Ventures, Slow Ventures, Paul Buchheit, Crohn, Pharmaceutical, Sam Lessin


A must-see conversation on the state of VC, this year at Disrupt

On a surface level, the world of venture capital doesn’t look to change much year to year. But in truth, the industry is very much in flux, with many firms grappling with a lack of diversity, dealing with succession questions, and confronting a growing pipeline of aging portfolio companies — to name just a few of the issues of the day. In fact, one of the biggest shifts in the industry — one that’s years in the making but with no end in sight — is its atomization. Once a clubby industry, the lan...
Tags: Washington, Boston, Tech, Unilever, Walmart, Zynga, Nea, Felicis Ventures, Alphabet, Comcast Ventures, Grayson, Lo Toney, Desktop Metal, Toney, Rachel Holt, Lux Capital


Kudo raises $6M for its real-time translation and video conference platform

SaaS is hot in 2020. Tooling that is hot in 2020. And we all know that anything related to video chatting in particular is on fire this year. In the midst of all three trends is Kudo, which just raised $6 million in a round led by Felicis. But Kudo’s video chatting and conferencing tool with built-in support for translators and multiple audio streams wasn’t initially constructed for the COVID-19 era. It got started back in 2016, so let’s talk about how it got to where it is today before we tal...
Tags: Fundings & Exits, Startups, Video, Tech, Felicis Ventures, Kudo, Niki Pezeshki, Recent Funding, Zabetian, COVID, Fardad Zabetian Kudo


This startup just raised $12 million from top VCs to offer financial planning as an employee perk

Companies increasingly recognize that one of the greatest stresses for their employees is financial wellness. Even at innovative tech startups, people typically bump up against the limits of how much they know about wealth management pretty fast. But providing financial education to a workforce, which has become increasingly common, is largely useless as most employees will tell you. The information can be hard to navigate, and it’s often not personalized in a way that addresses an employee’s ci...
Tags: Startups, TC, New York, Funding, San Francisco, Tech, Financial Planning, Watson, Origin, General Catalyst, Felicis Ventures, Red Swan Ventures, Founders Fund, Citi, Northstar, Matt Watson


Jeremy Conrad left his own VC firm to start a company, and investors like what he’s building

When this editor first met Jeremy Conrad, it was in 2014, at the 8,000-square-foot former fish factory that was home to Lemnos, a hardware-focused venture firm that Conrad had cofounded three years earlier. Conrad —  who as a mechanical engineering undergrad at MIT worked on self driving cars, drones and satellites — was still excited about investing in hardware startups, having just closed a small new fund even while hardware was very unfashionable and remains challenging. One investment his te...
Tags: Fundings & Exits, TC, Real Estate, California, Germany, New York City, San Francisco, Tech, Mit, SaaS, Robotics, Felicis Ventures, Airware, SUNNYVALE, Bloomberg Beta, Quartz


Cybersecurity insurance startup Coalition raises $90M Series C

This morning, Coalition announced that it has closed a $90 million Series C. The funding comes around a year after the cybersecurity insurance startup raised a $40 million Series B that TechCrunch covered at time. The startup’s new, larger funding round was led by Valor Equity Partners and included participation from Greyhound Capital and Felicis, along with “existing investors,” per the company. Coalition told TechCrunch that its Series C was raised at an $800 million pre-money valuation, makin...
Tags: Travel, Fundings & Exits, Startups, TC, Australia, San Francisco, Coalition, Felicis Ventures, Matta, UK Europe, Valor Equity Partners, Greyhound Capital, Customers Coalition, Joshua Motta


Venture capitalists reveal the startups that changed everything in the past decade (UBER, SFIX, AMZN, TEAM)

The past decade was an eventful one for the startup world. The rise of smartphones, online marketplaces, the sharing economy, and cheap access to the cloud have enabled entirely new business models — some more successful than others. Business Insider spoke with five venture capitalists about the startups that had the biggest impact on the tech world throughout the 2010s.  They noted that companies like Theranos and WeWork demonstrated the pitfalls of "founder worship" and the pursuit of growth...
Tags: Google, Startups, Uber, Australia, Washington, Wikipedia, Israel, US, Trends, Walmart, Sydney, Square, Silicon Valley, Waze, Kalanick, Robinhood


$4 million richer, Walrus.ai has a pitch for companies looking for QA-testing tools

The co-founders of Walrus.ai, a new software company which raised $4 million in a new round of financing fro Homebrew, Felicis Ventures and Leadout Capital, started their business with one problem. Jake Marsh, Ogden Nathan, and Scott White had a problem had left Wealthfront to launch a new service that would solve what they saw as a key problem with new business workflows. Their idea was to integrate the disparate software silos that different parts of their former business used to complete a...
Tags: TC, Tech, Software, Engineering, Computing, Cypress, Software Development, Software Testing, White, Wealthfront, Felicis Ventures, Software Engineering, Mabel, Homebrew, Scott White, Walrus


A buzzy healthcare startup that raised $50 million from Andreessen Horowitz 3 months ago just cut staff amid the coronavirus pandemic

Komodo Health, a healthcare data and analytics startup, cut staff amid the coronavirus pandemic, Business Insider has learned. The company has laid off 23 employees, or about 9% of its staff, according to a source familiar with the situation.  "In light of these challenging and uncertain times, we have made the difficult decision to part with a small portion of our workforce to maintain the financial strength of our company," a spokeswoman for Komodo told Business Insider. Visit Business Insid...
Tags: Navy, US, San Francisco, Trends, Healthcare, Andreessen Horowitz, Felicis Ventures, Babylon Health, PitchBook, Komodo, Sundeep Peechu, Komodo Health, Oak HC FT IA Ventures, Peechu


A productivity startup just raised $50 million at a $2 billion valuation during the market meltdown. Here's how a VC won over the notoriously shy startup after a years-long chase.

Notion, a productivity startup aiming to unseat Google Drive and Microsoft Office, announced a $50 million funding round on Wednesday that valued it at $2 billion at a time when many startups are struggling to gain funding or are going out of business entirely. Index Ventures led the round and partner Sarah Cannon was instrumental in convincing the skeptical founders to take a large amount of funding from a single venture firm, which they had previously avoided doing.  She won over cofounder a...
Tags: Google, Google Drive, Microsoft, California, San Francisco, Trends, Microsoft Office, Silicon Valley, Sequoia Capital, Felicis Ventures, Index Ventures, Business Insider, Angellist, Bay Area, Index, Valley


VCs dish on why they backed Notion, the productivity startup that just raised $50 million at a $2 billion valuation during a market meltdown

Notion, a productivity startup aiming to unseat Google Drive and Microsoft Office, announced a $50 million funding round on Wednesday that valued it at $2 billion at a time when many startups are struggling to gain funding or are going out of business entirely. Index Ventures led the round and partner Sarah Cannon was instrumental in convincing the skeptical founders to take a large amount of funding from a single venture firm, which they had previously avoided doing.  She won over cofounder a...
Tags: Google, Google Drive, California, San Francisco, Trends, Microsoft Office, Silicon Valley, Sequoia Capital, Felicis Ventures, Index Ventures, Business Insider, Angellist, Bay Area, Valley, Cannon, Goldberg


Startups Weekly: SaaS companies feel the churn but hope for a brighter tomorrow

[Editor’s note: Want to get this free weekly recap of TechCrunch news that startups can use by email? Subscribe here.]  There are a few online productivity stocks booming, and a few popular remote-first product companies still announcing funding rounds amid a huge new wave of unicorn layoffs. But what about the previously white-hot software-as-a-service category overall? Pullbacks in spending are expected in general, obviously, which means higher churn and slower growth for major SaaS companies....
Tags: Apple, Google, TC, Facebook, Tech, Rebecca Minkoff, Alex, Crowdstrike, Felicis Ventures, Bessemer Venture Partners, Healthtech, Alex Wilhelm, Jon, Danny, Josh Constine, Connie Loizos


‘A perfect storm for first time managers,’ say VCs with their own shops

Until very recently, it had begun to seem like anyone with a thick enough checkbook and some key contacts in the startup world could not only fund companies as an angel investor but even put himself or herself in business as a fund manager. It helped that the world of venture fundamentally changed and opened up as information about its inner workings flowed more freely. It didn’t hurt, either, that many billions of dollars poured into Silicon Valley from outfits and individuals around the globe ...
Tags: Google, Tech, General Motors, Lp, Silicon Valley, Intuit, Hudson, Felicis Ventures, Ron Conway, Credit Karma, Fika, Ho, Conway, Gosh, Charles Hudson, Precursor Ventures


“A perfect storm for first time managers,” say VCs with their own shops (and who have advice)

Until very recently, it had begun to seem like anyone with a thick enough checkbook and some key contacts in the startup world could not only fund companies as an angel investor but even put himself or herself in business as a fund manager. It helped that the world of venture fundamentally changed and opened up as information about its inner workings flowed more freely. It didn’t hurt, either, that many billions of dollars poured into Silicon Valley from outfits and individuals around the globe ...
Tags: Google, Startups, TC, General Motors, Lp, Venture Capital, Silicon Valley, Intuit, Hudson, Felicis Ventures, Ron Conway, Credit Karma, Fika, Ho, Conway, Gosh


With a string of hits behind it, Felicis Ventures wraps up its newest fund with $510 million

Felicis Ventures, the early-stage, Menlo Park-based venture firmed founded nearly 15 years ago by Aydin Senkut, has closed its seventh and newest fund with $510 million in capital commitments. That’s almost twice what Felicis raised for its last fund, which had initially closed in 2018 with $270 million in capital commitments but wound up garnering $310 million when all was said and done. As notably, both funds are a far leap from where Felicis started in 2006, when Senkut, a former internationa...
Tags: Google, Startups, TC, Australia, San Francisco, General Motors, Cisco, Venture Capital, Silicon Valley, Canva, Plaid, Intuit, Adyen, Shopify, Ottawa, Felicis Ventures