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Startup and Technology News


Rapid growth in 2020 reveals OKR software market’s untapped potential

by Alex Wilhelm / about 2 hours

Today, let's peek at new and historical growth numbers from Gthmhub, Perdoo, WorkBoard,, Koan and WeekDone.

Everlywell raises $75M from HealthQuest Capital following its recent $175M Series D round

by Darrell Etherington / about 2 hours

At-home health testing kit startup Everlywell has raised $75 million, following the close of the $175 million Series D it announced in December. The new funding comes from HealthQuest Capital, and sees the fund’s founder and managing partners Dr. Garheng Kong join the company’s board of directors. The new funding is a secondary sale, with proceeds […]

A theory about the current IPO market

by Alex Wilhelm / about 18 hours

Lots of demand, little supply, boom goes the price.

Capsule raises $2 million for its video Q&A platform aimed at brands

by Sarah Perez / about 18 hours

Capsule, a video Q&A platform aimed at brands, emerged last year in direct response to the challenges companies were facing in terms of reaching consumers during the pandemic. Now, the business has closed on $2 million in pre-seed funding. The round was led by Array Ventures and included participation from Bloomberg Beta and other angels. The […]

12 ‘flexible VCs’ who operate where equity meets revenue share

by Walter Thompson / about 19 hours

A dozen active investors who offer funding via revenue-based, compensation-based and blended-return streams.

Home services platform Porch acquires four companies

by Frederic Lardinois / about 20 hours

Only a few weeks after its SPAC IPO, Porch today announced that it has made four acquisitions, worth a total of $122 million. The most important here is probably the acquisition of Homeowners of America for $100 million, which gets Porch deeper into the home insurance space. In addition, Porch is also acquiring mover marketing […]

Tiger Global is raising a new $3.75 billion venture fund, one year after closing its last

by Connie Loizos / about 21 hours

According to a recent letter sent to its investors, Tiger Global Management, the New York-based investing powerhouse, is raising a new $3.75 billion venture fund called Tiger Private Investment Partners XIV that it expects to close in March. The fund is Tiger Global’s 13th venture fund, despite its title — the partners might be superstitious […]

Medium acquires social book reading app Glose

by Romain Dillet / about 23 hours

Medium is acquiring Paris-based startup Glose for an undisclosed amount. Glose has been building iOS, Android and web apps that let you buy, download and read books on your devices. The company has turned reading into a multiplayer experience as you can build a bookshelf, share notes with your followers and start conversations in the […]

Swimm raises $5.7M to help teams document their code

by Frederic Lardinois / about 23 hours

Most developers don’t enjoy writing documentation for their code and that makes life quite a bit harder when a new team member tries to get started on working on a company’s codebase. And even when there are documentation or in-line comments in the source code, that’s often not updated and over time, that information becomes […]

Thimble teaches kids STEM skills with robotics kits combined with live Zoom classes

by Sarah Perez / about 24 hours

Parents with kids stuck learning at home during the pandemic have had to look for alternative activities to promote the hands-on learning experiences kids are missing out on due to attending class virtually. The New York-based educational technology startup Thimble aims to help address this problem by offering a subscription service for STEM-based projects that […]

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

by Danny Crichton / 1 day

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 […]

Plaid CEO touts new ‘clarity’ after failed Visa acquisition

by Alex Wilhelm / 1 day

According to Plaid CEO Zach Perret, the COVID-19 pandemic triggered a "sea change" in consumer behavior.

Harness snags $85M Series C on $1.7B valuation as revenue grows 3x

by Ron Miller / 1 day

Harness, the startup that wants to create a suite of engineering tools to give every company the kind of technological reach that the biggest companies have, announced an $85 million Series C today on a $1.7 billion valuation. Today’s round comes after 2019’s $60 million Series B, which had a $500 million valuation, showing a […]

Carbyne raises $25M for a next-generation platform to improve emergency 911 responses

by Ingrid Lunden / 1 day

Emergency services continue to be a major force when it comes to coping with the COVID-19 health pandemic, and today a company that is building technology to help them run better is announcing a round of funding to continue expanding its business. Carbyne — an Israeli startup that has built a cloud-based platform aimed at […]

X1 Card raises $12 million for its credit card with limits based on your income

by Romain Dillet / 1 day

X1 Card is raising a $12 million funding round. The company is building a credit card that sets limits based on your current and future income, not your credit score. Spark Capital is leading the round with Jared Leto, Aaron Levie, Jeremy Stoppelman, Max Levchin and Ali Rowghani also participating. American Express veteran Ash Gupta […]

Lumiata raises $14 million for its service to predict healthcare outcomes

by Jonathan Shieber / 1 day

Healthcare systems are always looking for ways to save money, and a startup called Lumiata has just raised $14 million to continue building out its service that aims to help them do it.  The company, already backed by Khosla Ventures and Blue Venture Fund, raised its latest round from and AllegisNL Capital.  The company’s software […]

Gemini is launching a credit card with bitcoin rewards

by Romain Dillet / 1 day

Cryptocurrency exchange company Gemini is acquiring Blockrize and announcing a new product today based on Blockrize’s work. Later this year, the company is launching a credit card that works like a regular credit card — but you earn bitcoin rewards based on your purchases. The credit card will work on the Visa network and will […]

Accel Partners heads down to Georgia to invest in DecisionLink, leading an $18.5 million round

by Jonathan Shieber / 1 day

DecisionLink, an Atlanta-based company that provides software for cost-benefit analyses of business services from a customer’s perspective, has managed to woo one of Silicon Valley’s top venture firms to invest in its latest $18.5 million round of funding. Accel Partners has a longstanding reputation as one of the Bay Area’s premier investment firms, and it’s […]

Upgrade launches checking accounts and debit cards

by Romain Dillet / 1 day

Fintech startup Upgrade has been positioning itself as a neobank. And yet, the company has mostly been focused on personal loans and more recently credit cards. You couldn’t just replace your bank account with Upgrade. Upgrade is adding two important missing pieces of the puzzle with checking accounts and debit cards. With today’s launch, Upgrade […]

Tresl’s Segments Analytics gives small online stores the same data analytics as large sellers

by Catherine Shu / 1 day

Tresl’s flagship product, e-commerce intelligence platform Segment Analytics, is designed to give small brands on Shopify access to the same kind of analytics larger online retailers have. Founded by former LinkedIn data scientists, Tresl is currently exhibiting at CES’ Taiwan Tech Arena. Segments Analytics analyzes a Shopify store’s data and then automatically sorts visitors into […]

3Drens helps fleet operators use their vehicles more efficiently

by Catherine Shu / 1 day

3Drens’ IoT mobility management platform not only lets fleet operators track where their vehicles are, but also produces data that helps them make business decisions. The company began operating in Taiwan, where it is based, before expanding into Southeast Asia. Currently presenting at CES’ Taiwan Tech Arena, 3Drens is focused on the increased demand for […]

Origami Labs’ OFLO is a smart walkie talkie for frontline workers

by Catherine Shu / 1 day

OFLO is a voice communication system designed to replace traditional walkie talkies. Its hardware is more compact and lightweight, with a bone conduction headset, and capable of covering unlimited distances and multiple channels. Created by Origami Labs, OFLO is also connected to software that features auto logging and productivity tools for teams who don’t have […]

Minna Technologies, a subscription management tool for banking customers, raises $18.8M

by Mike Butcher / 1 day

With the proliferation of subscription services, combined with our lives becoming almost 100% digital, there’s a rising need to be able to manage these services. But most banks don’t have much of an answer. Step in Minna Technologies, which sells in its subscription management services into banking apps. It has now raised $18.8 million (€15.5 […]

Germany’s Xentral nabs $20M led by Sequoia to help online-facing SMBs run back offices better

by Ingrid Lunden / 1 day

Small enterprises remain one of the most underserved segments of the business market, but the growth of cloud-based services — easier to buy, easier to provision — has helped that change in recent years. Today, one of the more promising startups out of Europe building software to help SMEs run online businesses is announcing some […]

YC-backed BlaBla raises $1.5M to teach English through short videos

by Rita Liao / 1 day

Short, snappy, entertaining videos have become an increasingly common way for young people to receive information. Why not learn English through TikTok-like videos too? That was what prompted Angelo Huang to launch BlaBla. Originally from Taiwan, Huang relocated to Shanghai in 2019 to start BlaBla after working in Silicon Valley for over a decade. A […]

Poshmark is pushing into the public market at a high-end valuation as the resale market sizzles

by Connie Loizos / 1 day

Poshmark, the nine-year-old, Redwood City, California-based online marketplace for second-hand clothing, beauty and home decor products, is set to start trading as a public company on the Nasdaq tomorrow after tonight pricing 6.6 million shares higher than originally planned, according to Bloomberg. Per its report, the company, which earlier expected to sell shares at between […]

Digital road freight forwarder Sennder raises $160M Series, plans European expansion

by Mike Butcher / 1 day

Sennder, a large digital road freight forwarder based out of Germany, has raised $160 million in Series D financing. The round was led by an unnamed party, but round participants included Accel, Lakestar, HV Capital, Project A and Scania. Sources say Hedosophia may be the unnamed growth investor, although Sennder declined to comment. To date, […]

Tokyo-based SODA, which runs Japan’s largest sneaker resell platform, lands $22 million led by SoftBank Ventures Asia

by Catherine Shu / 1 day

Tokyo-based SODA, which runs sneaker reselling platform SNKRDUNK, has raised a $22 million Series B led by SoftBank Ventures Asia. Investors also included basepartners, Colopl Next, THE GUILD and other strategic partners. Part of the funding will be used to expand into other Asian countries. Most of SNKRDUNK’s transactions are within Japan now, but it […]

Pace launches out of private beta with a plan to scale virtual group therapy

by Natasha Mascarenhas / 1 day

One in five people have a mental health illness. Pace, a new startup founded by Pinterest and Affirm executives, wants to pay attention to the other four in that statistic. “Nobody is perfectly mentally healthy all the time,” said Jack Chou, Pace co-founder. “It’s a non-existent idea, everyone is sort of swimming in between being […]

UK on-demand supermarket Weezy raises $20M Series A led by NYC’s Left Lane Capital

by Mike Butcher / 2 days

Weezy — an on-demand supermarket that delivers groceries in as fast as 15 minutes — has raised $20 million in a Series A funding led by New York-based venture capital fund Left Lane Capital. Also participating were U.K.-based fund DN Capital, earlier investors Heartcore Capital and angel investors, notably Chris Muhr, the Groupon founder. Although […]