Posts filtered by tags: Index Ventures[x]


 

Sylvera grabs seed backing from Index to help close the accountability gap around carbon offsetting

UK-based startup Sylvera is using satellite, radar and lidar data-fuelled machine learning to bolster transparency around carbon offsetting projects in a bid to boost accountability and credibility — applying independent ratings to carbon offsetting projects. The ratings are based on proprietary data sets it’s developed in conjunction with scientists from research organisations including UCLA, the NASA Jet Propulsion Laboratory, and University College London. It’s just grabbed $5.8M in seed fund...
Tags: Fundings & Exits, Europe, UK, London, Tech, Renewable Energy, Greenhouse Gas Emissions, Machine Learning, Un, Citibank, GreenTech, Lidar, Ucla, Index Ventures, University College, Moody


Pomelo raises $9M to build a payments infrastructure for LatAm fintechs

Pomelo, a startup building a fintech-as-a-service platform for Latin America, has raised $9 million in a seed round of funding. The Buenos Aires-based startup’s new infrastructure aims to allow fintechs and embedded finance players to launch virtual accounts and issue prepaid and credit cards via “compliant” onboarding processes. The COVID-19 pandemic has accelerated the adoption of digital payments all over the world, and Latin America is no exception. While the majority of transactions are sti...
Tags: Google, Tech, Mexico City, Brazil, Argentina, Tripadvisor, Latin America, Buenos Aires, Mastercard, Index Ventures, Latam, Sao Paulo Brazil, Fiorentino, Clocktower Technology Ventures, Angela Strange, Mark Fiorentino


Elderly caretech platform Birdie gets $11.5M Series A led by Index

SaaS-maker Birdie has closed an $11.5 million Series A round of funding led by Index Ventures. Existing investor Kamet Ventures also participated. The UK-based caretech startup has raised a total of $22.9M since being founded back in 2017 (a 2018 raise that was called a Series A at the time is now being classed as a seed expansion). It’s focused on building tools for social care providers to drive efficiencies in a chronically under resourced sector. Birdie isn’t a care provider itself (so it’s ...
Tags: Health, Fundings & Exits, TC, Europe, UK, Tech, Artificial Intelligence, NHS, SaaS, Social Care, Elderly Care, Polypharmacy, Index Ventures, Index, Faculty, National Health Service NHS


Extra Crunch roundup: How Duolingo became an edtech leader

The pandemic has just pushed edtech mainstream, but language-learning startup Duolingo had already spent the past decade figuring out how to build a successful edtech app. In our latest installment of the EC-1 series, Natasha Mascarenhas goes deep with the company to understand how it found product-market fit, then figured out how to grow like a consumer tech startup and monetize like a SaaS startup. After a record 2020, the Pittsburgh-based company also opened up about its plans for the future,...
Tags: Startups, TC, Apps, Utah, Education, Ipo, Boston, Tech, CMO, Bloomberg, Paypal, United States, Nba, Square, Holland, SEC


How to break into Silicon Valley as an outsider

Nathan Beckord Contributor Share on Twitter Nathan Beckord is CEO of Foundersuite.com, a software platform for raising capital and managing investors that has helped entrepreneurs raise over $2 billion since 2016. He is also the host of Foundersuite’s How I Raised It podcast. More posts by this contributor The lightning-fast Series A (that was 3 years in the making) Founders seeking their first check need a ...
Tags: Startups, Column, Networking, San Francisco, Tech, United States, Holland, Silicon Valley, States, Index Ventures, Bay Area, Barr Allen, Domm Holland, Allison Barr Allen, Nathan Beckord, Foundersuite


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


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 Public.com , 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, Public.com, Robinhood IPO


An investor in the startup that fired its CEO after he microdosed LSD at work reportedly sold roughly $92 million in shares before the ousting

Iterable co-founder Justin Zhu Iterable Index Ventures recently sold about half its shares in Iterable, The Information reported. The sale, to Silver Lake Partners, came before Iterable's CEO was fired for LSD use while at work. Two investors on the board previously had concerns about the CEO's leadership, The Information reported. See more stories on Insider's business page. Prior to marketing startup Iterable firing its CEO, Justin Zhu, this week, a major investor sold rough...
Tags: Apple, News, Steve Jobs, US, San Francisco, Trends, Tech, Information, Bloomberg, Vc, Silicon Valley, Index Ventures, Lsd, Psychedelics, Zhu, Pacific Islander


How Link in Bio became the new online real estate for the creator economy

In the past few months I’ve been writing on VC Cafe about various aspects of the Creator Economy. From the definition of what is the creator economy and what are its main challenges, who are the creators and how they make money and 5 advancements powering the future of content creation. But underneath all that, there’s a seemingly simple infrastructure challenge that is has become a big opportunity for startups – the link in bio page. It all starts with identity Creators come from diffe...
Tags: Apple, Facebook, Instagram, Trends, Ning, San Diego, Bio, Marc Andreessen, Index Ventures, Koji, Coatue, Pinterest Twitter, Gina Bianchini, AirTree Ventures, Zaccaria, Linktree


Squarespace files for a direct listing on the NYSE

Today Squarespace, a well-known software-and-hosting provider for SMB websites, released its S-1 filing. The company is pursuing a direct listing on the New York Stock Exchange, or NYSE. It will trade under the ticker symbol “SQSP.” The company’s financial results paint the picture of a rapidly-growing company that has a history of profitability. Squarespace also has listed financial results that are inclusive of some share conversions among other matters. Its pro forma results presume that “all...
Tags: Fundings & Exits, Startups, Ipo, Tech, New York Stock Exchange, General Atlantic, Squarespace, Accel, Index Ventures, Nyse, GAAP, ARR, Anthony Casalena, Tock


How Pilot charted a course of not raising too much money

A few weeks ago, we wrote about fintech Pilot raising a $100 million Series C that doubled the company’s valuation to $1.2 billion. Bezos Expeditions — Amazon founder Jeff Bezos’ personal investment fund — and Whale Rock Capital joined the round, adding $40 million to a $60 million raise led by Sequoia about one month prior. That raise came after  a $40 million Series B in April 2019 co-led by Stripe and Index Ventures that valued the company at $355 million. Both raises were no...
Tags: Amazon, Fundings & Exits, Startups, TC, Finance, Funding, San Francisco, Startup, Tech, Mit, Venture Capital, Aws, Jeff Bezos, Pilot, Fintech, Sequoia


You might have just missed the best time to sell your startup

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. Want it in your inbox every Saturday? Sign up here.  Happy Saturday, everyone. I do hope that you are in good spirits and in good health. I am learning to nap, something that has become a requirement in my life after I realized that the news cycle is never going to slow down. And because my partner and...
Tags: Fundings & Exits, Startups, Spotify, Africa, Tech, Equity, Goldman, Clubhouse, Index Ventures, Anthony Ha, Bessemer, SPAC, Lux, Edison, Holler, Kudo


Deliveroo is having a rough start to its IPO. Here's how the food-delivery firm grew from being a hungry banker's idea to a publicly listed company.

Will Shu, Deliveroo CEO and Founder, inaugurates its first Deliveroo kitchen site in France, called Deliveroo Editions on July 3, 2018 in Saint-Ouen, France. Aurelien Morissard/IP3/Getty Images The food-delivery company Deliveroo just went public on the London Stock Exchange. Shares in the firm tumbled 30%, marking a tough start for the long-hyped UK startup. CEO Will Shu set up the company after relocating to London and finding the takeaway scene dire. See more stories on Insider's bu...
Tags: Apple, Amazon, Facebook, Uber, Europe, UK, New York, London, France, Ipo, Germany, Berlin, Softbank, US, America, Trends


Otrium raises $120 million for its end-of-season fashion marketplace

Otrium has raised a $120 million round just a year after raising its $26 million Series B round. BOND and returning investor Index Ventures are leading the round. Existing investor Eight Roads Ventures is also participating. The concept behind Otrium is quite simple. When items reach the end-of-season status, brands can list those items on Otrium and keep selling them. Otrium is currently available in Europe. Right now, many brands have their own end-of-season sales. But there are some limits to...
Tags: Fundings & Exits, Startups, TC, Ecommerce, Europe, Tech, Eight Roads Ventures, Index Ventures, Otrium, Milan Daniels, Karl Lagerfeld Joseph Anine Bing Belstaff Reiss


Singular is a new Paris-based VC firm with $265 million

Meet Singular, a new VC firm based in Paris that just finished raising its initial fund. The firm was founded by two former Alven partners — Raffi Kamber and Jérémy Uzan. They have some ambitious goals and an interesting investment model that could help them remain involved even during late-stage rounds. Overall, the firm raised €225 million, or $265 million at today’s exchange rate. If you browse Singular’s website, you’re not going to find a lot of information. Here’s what it currently looks l...
Tags: Startups, TC, Europe, London, France, Tech, Paris, Venture Capital, Index Ventures, Moka, OKR, Georges, Kamber, Ontario Teachers ' Pension Plan, Singular, Uzan


“Link-in-bio” company Linktree raises $45M Series B for its social commerce features

If you browse Instagram, you are probably familiar with the term “link in bio.” Links aren’t allowed in post captions, and users are only allowed one URL in their bios, so many create a simple website with multiple links for their followers. Linktree, one of the most popular “link in bio” services with more than 12 million users, announced today it has raised $45 million in Series B funding. The round was co-led by Index Ventures and Coatue, with participation from returning investors AirTree Ve...
Tags: Fundings & Exits, Startups, TC, Instagram, Australia, Social Media, Tech, Major League Baseball, Social Commerce, Index Ventures, Sydney Australia, Dan Rose, Coatue, Zaccaria, Linktree, Alex Zaccaria


Dija acquires Cambridge-based Genie to expand its 10 minute grocery service across UK

Dija, the London-based grocery delivery startup backed by Blossom Capital, Creandum and Index Ventures, has acquired Cambridge, U.K.-based Genie, in what looks in part like an acqui-hire. The deal, for which terms remain undisclosed, will see Genie founders Tim Chan and Callum MacBeth join the Dija team and also includes company assets. Having launched Genie in Cambridge, a U.K. city known for its university, they’ll be tasked with supporting Dija’s growth outside of London. Founded by Alberto M...
Tags: Fundings & Exits, Startups, TC, Europe, UK, London, Germany, Berlin, Tech, Netherlands, Cambridge, Hackney, Deliveroo, Index Ventures, Tim, Cambridge U K


On Friday the EU will put startup-friendly legislation to member states – will they sign up?

This Friday, the European Commission will be launching a ‘legislative instrument’ called the EU Startup Nations Standard (SNS) at its annual Digital Day. Now, before you think I’m about to bore you to death, you might like to know that the SNS is a huge political initiative. It will aim to make the European Union the most attractive place to create a startup, in comparison with obvious global leaders like the US. Therefore, its significance is not to be underestimated. The idea is for EU Member ...
Tags: TC, Europe, UK, France, Germany, US, Tech, Eu, European Union, European Commission, Belgium, Brussels, Index Ventures, Standard, Latvia Estonia, Germany Spain


Squarespace raises $300M at a staggering $10B valuation

Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation. New backers include Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc. and Spruce House. Existing backers Accel and General Atlantic also participated.  Squarespace founder & CEO Anthony Casalena said the fresh capital will advance the company’s growth initiatives and help it...
Tags: Fundings & Exits, Startups, Technology, California, Oregon, Finance, Funding, New York City, Los Angeles, Tech, E-commerce, Atlantic, Ireland, Computing, Portland, Dublin


Squarespace raises $300M at staggering $10B valuation

Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation. New backers include Dragoneer, Tiger Global, D1 Capital Partners, Fidelity Management & Research Company, funds and accounts advised by T. Rowe Price Associates, Inc. and Spruce House. Existing backers Accel and General Atlantic also participated.  Squarespace Founder & CEO Anthony Casalena said the fresh capital will advance the company’s growth initiatives and help it...
Tags: Fundings & Exits, Startups, Technology, California, Oregon, Finance, Funding, New York City, Los Angeles, Tech, E-commerce, Ceo, Atlantic, Ireland, Computing, Portland


Roblox CEO Baszucki is worth over $4 billion, and his college bud's VC firm just made a windfall

After Roblox's market debut on Wednesday, CEO David Baszucki owns stock worth $4.6 billion, while Index Ventures has shares valued at...
Tags: Index Ventures, Roblox, Baszucki, David Baszucki


Backed by Blossom, Creandum and Index, grocery delivery and dark store startup Dija launches in London

Dija, the London-based grocery delivery startup, is officially launching today and confirming that it raised £20 million in seed funding in December — a round that we first reported was partially closed the previous month. Backing the company is Blossom Capital, Creandum and Index Ventures, with Dija seemingly able to raise pre-launch. In fact, there are already rumours swirling around London’s venture capital community that the upstart may be out raising again already — a figure up to £100 mill...
Tags: Fundings & Exits, Startups, TC, Europe, UK, London, France, Berlin, Tech, Italy, Hackney, Instacart, Saban, Grocery Delivery, Deliveroo, Index Ventures


Istanbul’s Dream Games snaps up $50M and launches its first game, the puzzle-based Royal Match

On the back of Zynga acquiring Turkey’s Peak Games for $1.8 billion last year and then following it up with another gaming acquisition in the country, Turkey has been making a name for itself as a hub for mobile gaming startups, and specifically those building casual puzzle games, the wildly popular and very sticky format that takes players through successive graphic challenges that test their logic, memory and ability to think under time pressure. Today, one of the more promising of those start...
Tags: Mobile, Gaming, Europe, Funding, Tech, Turkey, Canada, Zynga, Mobile Games, Pixar, Istanbul, Rovio, Casual Gaming, Index Ventures, Robert, Index


Quill, the messaging app backed by Index, quietly comes out of stealth to take on Slack

Slack took the workplace communications landscape by storm after it launched its integration-friendly, GIF-tastic chat platform in 2013. Within the space of a decade it entered into the pantheon of big tech: first with massive growth and usage, then a series of giant VC rounds and valuations, spawning controversial competition from incumbents, followed by a public listing and ultimately a $27.7 billion acquisition by Salesforce. Now that the cycle is complete, the decks are clear for a Slack dis...
Tags: Social, Facebook, Enterprise, Microsoft, Tech, Sam Altman, Index Ventures, Ludwig, Quill, Pettersson, Sarah Cannon, Ludwig Pettersson, Slack Quill, General Catalyst Following


8 investors discuss Stockholm’s maturing startup ecosystem

In the realm of European startup ecosystems, Sweden — largely Stockholm — ranks very close to the behemoths of London, Paris and Berlin. And with 10 million people, the nation certainly punches above its weight, having produced unicorns such as Spotify and Klarna, to name only two. As a result, the eight investors we surveyed are characteristically bullish about the future, despite a pandemic strategy that became more restrictive in the second half of last year. Sweden’s initially laissez-faire ...
Tags: Energy, TC, Spotify, Europe, Sweden, Berlin, Digital, Tech, CSR, Eu, Turkey, Finland, Copenhagen, Stockholm, Creandum, Adtech


A schoolteacher from California wiped out $70,000 in savings trading on Robinhood. Here's his message to first-time investors.

Hello everyone! Welcome to this weekly roundup of stories from Insider from Business co-Editor in Chief Matt Turner. Subscribe here to get this newsletter in your inbox every Sunday.Read on for a first person account of an addiction to Robinhood, drama in the venture capital world, and the coronavirus sticking around forever.Read time: 6 minutes. iStock; John Moore/Getty; Skye Gould/Insider Hello!Latest: The Senate on Saturday acquitted Donald Trump after an impeachment trial over the Ca...
Tags: Amazon, New York, California, Senate, San Francisco, Trends, Markets, Tesla, Joe Biden, Netflix, Hawaii, Reddit, Donald Trump, Robinhood, DST Global, Gamestop


Nexthink nabs $180M Series D on $1.1B valuation

We often hear about companies working to improve the customer experience, but for IT their customers are the company’s employees. Nexthink, a late stage startup that wants to help IT serve its internal constituents better, announced a $180 million Series D today on a healthy $1.1 billion valuation. The firm, which was founded in Lausanne, Switzerland and has offices outside of Boston, received funding from Permira with help from Highland Europe and Index Ventures. The company has now raised over...
Tags: Startups, TC, Enterprise, Boston, Funding, Tech, SaaS, Permira, Index Ventures, Highland Europe, Lausanne Switzerland, European startups, Nexthink, Recent Funding, Pedro Bados, Bados


This Week in Apps: TikTok viral hit breaks Spotify records, inauguration boosts news app installs, judge rules against Parler

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   218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also   3.5 trillion minutes using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American watches 3.7 hours of live TV per day...
Tags: Iphone, Apple, Google, Amazon, Android, Food, Mobile, Facebook, Apps, Asia, South Korea, Twitter, Spotify, Europe, Real Estate, London


Curtsy, a clothing resale app aimed at Gen Z women, raises $11 million Series A

Curtsy, a clothing resale app and competitor to recently IPO’d Poshmark, announced today it has raised $11 million in Series A funding for its startup focused on the Gen Z market. The app, which evolved out of an earlier effort for renting dresses, now allows women to list their clothes, shoes and accessories for resale, while also reducing many of the frictions involved with the typical resale process. The new round was led by Index Ventures, and included participation from Y Combinator, prior ...
Tags: Startups, TC, Mobile, Ecommerce, Apps, Y Combinator, Marketplace, Shopping, Funding, Clothing, Tech, Usps, Index Ventures, Oates, Gen Z, Poshmark


UK’s WhiteHat rebrands as Multiverse, raises $44M to build tech apprenticeships in the US

University education is getting more expensive, and at the moment it feels a bit like a petrie dish for infections, but the long-term trends continue to show a dramatic growth in the number of people worldwide getting degrees beyond high school, with one big reason for this being that a college degree generally provides better economic security. But today, a startup that is exploring a different route for those interested in technology and knowledge worker positions — specifically by way of appr...
Tags: Google, TC, Europe, UK, Enterprise, Education, Developer, US, Tech, Diversity, Tony Blair, Lightspeed Venture Partners, General Catalyst, Index Ventures, Blair, Cutler