Relyance AI, an early stage startup that is helping companies stay in compliance with privacy laws at the code level, announced a $25 million Series A today. At the same time, they revealed a previously unannounced $5 million seed round. Menlo Ventures and Unusual Ventures led the A round, while Unusual was sole lead on […]
Airbase, a corporate spend management startup, announced this morning that it now supports subsidiaries in different countries for U.S.-based businesses. As more companies lean into remote work, and a great many startups are founding themselves on multiple continents, the new capability could boost Airbase’s effective total addressable market. The product news is interesting, but more […]
One of the biggest problems in the world of e-commerce is the predicament of shopping cart abandonment: when shoppers aren’t getting to what they want fast enough — whether it’s finding the right item, or paying for it in a quick and easy way — they bounce. That singular problem is driving a wave of […]
Ascend is moving insurance into the digital age by with a payments platform that combines financing, collections and payables.
The ability to offer stock options is utterly essential to startups. They convince talented people to join when the startup is unlikely to be capable of matching the high salaries that larger, established tech firms can offer. However, it’s a complex business developing a competitive stock option plan. Luckily, London-based VC Index Ventures today launches […]
Businesses and the tech companies that serve them are run on data. At best, it can be used to help with decision-making, to understand how well or badly an organization is doing and to build new systems to run the next generation of services. At its most challenging, though, data can represent a real headache: […]
Earlier this year, a startup called Olive launched its new shopping site and app with the goal of making e-commerce more efficient, convenient, and sustainable by offering a way for consumers to aggregate their orders from across retailers into single shipments that arrive in reusable packaging, not cardboard. If items need to be returned, those […]
SmarterTravel provides personalized travel recommendations and targeted travel content.
Building credit history can be difficult if you are a consumer that is having trouble getting access to credit in the first place. Enter TomoCredit, which has developed a credit card focused on building credit history for first-time borrowers. The San Francisco-based startup is announcing today that it has raised $10 million in a Series […]
Zonos automatically classifies goods and calculates an accurate total landed cost on international transactions.
Founded in 2013, Bangladesh’s Chaldal was one of the first grocery delivery startups in the world to use the “dark” store model, picking up orders from its own warehouses instead of retail stores. Now the company says it is the country’s second-largest grocery player and the largest grocery e-commerce platform, with 27 warehouses located in […]
When Kleiner Perkins led Stord’s $12.4 million Series A in 2019, its founders were in their early 20s and so passionate about their startup that they each dropped out of their respective schools to focus on growing the business. Fast-forward two years and Stord — an Atlanta-based company that has developed a cloud supply chain — […]
The U.S. Securities and Exchange Commission (SEC) has charged App Annie, a leading mobile data and analytics firm, as well as its co-founder and former CEO and Chairman Bertrand Schmitt, with securities fraud. App Annie and Schmitt have agreed to pay over $10 million to settle the fraud charges which are related to “deceptive practices […]
Canva is now valued at $40 billion following a fresh capital injection of $200 million (USD) in a round led by T. Rowe Price. New and existing investors participated in the round, including Franklin Templeton, Sequoia Capital Global Equities, Bessemer Venture Partners, Greenoaks Capital, Dragoneer Investments, Blackbird, Felicis and AirTree Ventures. This round solidifies Canva […]
Apple has announced its new lineup of phones at its virtual conference. In addition to the regular iPhone 13 and iPhone 13 mini, the company has two Pro models with some premium features that you won’t find in the regular iPhone 13. Of course, the Pro models are also more expensive. For reference, the iPhone […]
TikTok announced this morning that it is implementing new tactics to educate its users about the negative mental health impacts of social media. As part of these changes, TikTok is rolling out a “well-being guide” in its Safety Center, a brief primer on eating disorders, expanded search interventions, and opt-in viewing screens on potentially triggering […]
With around $3 billion invested in the first half of 2021, already around a 50% gain on 2020’s full-year figures, it’s clear Atlanta is seeing an unprecedented wave of venture investment.
EverAfter's customer-facing tool streamlines onboarding and retention and enables B2B clients to embed personalized customer portals within any product.
There’s a new entrant in Southeast Asia’s growing list of unicorns. Jakarta-based Xendit, best known for its digital payment infrastructure but also focused on other financial products, announced today it has raised $150 million in Series C funding, bumping its valuation to $1 billion. The round was led by Tiger Global Management, with participation from […]
QED Investors announced the closing of two new funds totaling $1.1 billion, capital that it will be using to back early-stage startups, as well as growth rounds for later-stage companies. Specifically, today QED is announcing a $550 million early-stage fund and a $550 million growth-stage fund, both of which are aimed at backing fintech companies […]
Less than six months after raising $75 million, Pacaso — a real estate platform which aims to help people buy and co-own a second home — announced today that it has raised $125 million at a $1.5 billion valuation. SoftBank Vision Fund 2 led the Series C funding round for Pacaso, which essentially went from […]
SellersFunding created a lending and financial services platform to streamline global commerce for thousands of marketplaces, including working capital, cross-border cash management and taxes.
Corporate gift services have come into their own during the COVID-19 pandemic by standing in as a proxy for other kinds of relationship building activities — office meetings, lunches, and hosting at events — that have traditionally been part and parcel of how people do business, but were no longer feasible during lockdowns, social distancing […]
The funding raise comes as Immi releases a reformulation of their product this year aimed at replicating traditional instant ramen in broth taste, mouthfeel, texture and slurp ability.
Truepic, a digital image verification software provider, has raised $26 million in a Series B funding round led by M12, Microsoft’s venture fund. Adobe, Sony Innovation Fund by IGV, Hearst Ventures and individuals from Stone Point Capital also participated in the financing, which brings San Diego-based Truepic’s total raised since its 2015 inception to $36 […]
More startup swapping in the food delivery space: Spain’s Glovo, an on-demand delivery platform which operates a network of dark stores focused on urban convenience shopping, is pushing deeper into planned grocery shopping — announcing the acquisition of two regional ‘Instacart-style’ grocery picking and delivery startups, Madrid-based Lola Market and Portugal’s Mercadão. Terms of the […]
The company captures diverse microbes for agricultural applications, like crop protection, and screens strains for the best assays that would work for insect, disease and nematode control.
SoftBank Group Corp. is doubling down on its commitment to Latin America. Today, the Japanese investment conglomerate is announcing the launch of the SoftBank Latin America Fund II, its second dedicated private investment fund focused on tech companies located in LatAm. SoftBank is launching the new fund with an initial $3 billion commitment. “Fund II […]
London-based PassFort, a SaaS provider that helps business meet compliance requirements such as KYC (Know Your Customer) and AML (Anti-Money Laundering) reporting, has closed a $16.2 million Series A led by US growth equity fund, Level Equity. The 2015-founded startup‘s existing investors OpenOcean, Episode 1 and Entrepreneur First also participated in the round. The Series […]
This is a short story for learners of English. We hope you enjoy it! Terry lives alone. His parents are dead. He does not have many friends. He does not have a girlfriend. Terry is going on holiday. He saved money all year. He wants to have a wonderful vacation in Bali. He dreams of … Continue reading [Short Story with Video] Where is My Suitcase?