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Photo courtesy of The Miami Foundation. Give Miami Day raises record $5.2 million, organizers at The Miami Foundation realized that Give Miami Day 2014 would be their most successful Giving Day yet. Thursday’s Give Miami Day raised $5.2 Note from Beth: It’s Giving Day Season!
million seed round, bringing their total raised to $3.25 8 Miami-based investors share their views on the region’s startup scene. Upstream, which is pre-revenue and is Miami-based, is a company whose founder was attracted to the Sunshine State from NYC during the pandemic. “I Accessing social groups through referrals.
Miami-based cybersecurity startup Lumu today announced the closing of its $7.5 Villadiego was born and raised in the colonial port town of Cartagena, Colombia. He founded his first cybersecurity company, Easy Solutions, in Miami in 2009, focused on preventing fraud. million Series A. The round was co-led by SoftBank Group Corp.’s
Dismantling the myths around raising your first check. Dismantling the myths around raising your first check. How has it managed to not raise money for so long? Cities like Miami, Pittsburgh and Austin have been drawing talent and wealth from Silicon Valley for years, but the COVID-19 pandemic accelerated the trend.
To help it grow and further expand its reach, Shift One just raised a $5.2 Even Miami Mayor Francis Suarez has thoughts, pointing out that blue-collar jobs have been among the hardest hit by COVID-19. “Companies get access to a steady, predictable source of high-quality labor. .
MAJORITY , a mobile banking service for migrants to the United States, said on Tuesday it had raised $27 million in its Series A funding round led by Valar Ventures. Other existing investors, including Avid Ventures , Heartcore Capital and a group of Nordic fintech founders, also participated in the raise. address instead. every year.
To continue its mission, the Miami-based trade finance company raised $7 million in seed funding and $75 million in a credit facility, led by Arcadia Funds LLC and Kayyak Ventures, to increase its credit line to $100 million. “By Miami-based Marco Financial is launching a revenue-based lending service for Latin American SMEs.
Lacuna Technologies, a startup that helps cities create and enforce transportation policies by building and managing open-source digital tools, has raised $16 million in a Series A round, bringing the company’s total investment to $33.5 Mobility startups can be equitable, accessible and profitable.
While attending Harvard Business School, Rice became determined to build a platform that provides accredited investors with access to invest in such entities with as little as $1 — essentially giving them a way to be LPs without meeting the strict requirements that have historically existed. Earlier this year, Rice raised $5.3
Today, Murphy lives in and leads the business from Miami — where he moved from New York just as the COVID-19 pandemic was starting to gain steam last year — while James Harrison (CTO) leads part of the team based out of the U.K. Creatio raises $68M as the low-code space keeps attracting huge checks.
Mantra Health , a digital mental health startup focused on young adults, has raised $22 million in Series A funding led by VMG Partners. Mantra’s care program has been deployed on 52 campuses across the country, including Penn State, Miami Dade College and Massachusetts Institute of Technology (MIT).
ShopThing , a live shopping marketplace focused on luxury brands, has raised $10 million in Series A funding led by Origin Ventures, with participation from Pritzker Group and Interplay. These companies give shoppers on ShopThing exclusive access to discounts and inventory.
Remote , which provides tools to manage onboarding, payroll, benefits and other services for tech and other knowledge workers located in remote countries — be they contractors or full-time employees — has raised $150 million. Remote raises $35M to help orgs with global workforce payroll, benefits and more.
Veo Technologies, a Copenhagen startup that has designed a video camera and cloud-based subscription service to record and then automatically pick out highlights of games, which it then hosts on a platform for its customers to access and share that video content, has picked up €20 million (around $24.5 operations, with an office in Miami.
The decision follows almost a year of outcry over the service, both on UIUC’s campus and around the US, citing concerns with privacy, discrimination, and accessibility. Accessibility is another common concern. The service “was never considered to be a long-term campus proctoring solution.”.
Morado, a two-month-old Colombian startup aiming to digitize beauty salons in Latin America, has raised $5 million in a pre-seed round from a bevy of global investors. Its headquarters are located in Miami. We are the everything store for beauty shops,” Acosta, who also serves as the company’s CEO, told TechCrunch. “We
Frustrated by the sponsorship space’s opaqueness, Bob Lynch, the former VP of corporate partnerships for the Miami Dolphins, in 2017 founded SponsorUnited , a software-as-a-service platform that provides analytics data on the sponsorship industry. based major league sports team.
Merit has now raised $80 million, according to the company. The company spent the last five years working with various governments to build connectors to these licensing databases to allow third parties to access the data and have it update automatically.
In addition, Super73 unveiled several other new models, including the Super73-R Brooklyn full suspension e-bike, the entry-level Super73-Z Miami, and a Youth Series of e-bikes for kids. The company raised $20 million last year amid a series of funding announcements from major e-bike makers, including VanMoof , Cowboy , and Rad Power Bikes.
It has raised $90 million, a Series B round that values the Miami-based startup at $700 million, funding that it will use to build out its infrastructure (going from 24,000 customers to 150,000 is no small feat); to add in new products, specifically around lending; and to acquire more customers. .”
This sophistication, however, masks a backward state of affairs plagued by appalling customer service, exorbitant fees and lack of banking access for many. Nubank had no say in the content of this analysis and did not get advance access to it. and for credit card indebtedness it was 272.42%.”
The company, which is coming out of stealth mode, announced that it has raised $8.5 Aidaly is currently active in the Miami-Dade area. Aidaly’s role is making access to state and private benefits easier, along with services like financial planning, mental health support and caregivers training.
One startup poised to benefit from this is Zeus Living , which is focused on giving people “flexible living” options and has just raised $55 million in a round led by SIG. The company declined to reveal its current valuation, but it was valued at $205 million at the time of its last raise in 2019. You can be anywhere in the country.
We also wrote about Tellus, a startup that raised $16 million in an Andreessen Horowitz–led seed round of funding last year that is now being scrutinized by the U.S. After a $200,000 pre-seed round, Fingo got into YC S21 and raised $4 million in seed funding toward the end of that year.” More details here. government.
Miami-based startup Caribou aims to make that decision easier through its healthcare cost prediction and optimization software packaged into a SaaS business model designed for financial planners so they can advise their clients on the best plan.
The company last August raised $300 million at a $3.9 billion valuation and is rumored to be raising another round that could double the company’s valuation to $8 billion (rumors it has declined to confirm). Ramp raises $300M at a $3.9B Investors include Founders Fund, Redpoint Ventures and Stripe, among others.
Most recently, SoftBank put money in a funding round raised by Rankmi in Chile. “We still have dry powder from LatAm Fund II and access to Vision Fund II. And last year, Latitud raised $11.5 counterparts because it’s generally more difficult to raise venture money there.
Kyte , a fleet-logistics platform that allows customers to order rental cars delivered right to their doors, has raised a $30 million Series A round. cities, including Boston, Chicago, Los Angeles, Miami, New York City, Philadelphia, San Francisco, Seattle and Washington, D.C. Currently, Kyte operates in nine U.S.
Interest in alternative investments such as private equity, real estate and crypto continues to surge, and Miami-based fintech startup Allocations is riding the wave. The latest round brings its total funding raised to $12 million, according to the company. Allocations’ interface. Image Credits: Allocations.
To help remedy this problem, Vest aims to provide direct access to U.S. offer best-in-class efficiency and pricing, and Vest is making these benefits accessible to a surging regional retail investment market across Latin America,” Polhamus said. The startup currently offer users integration to local banking in the U.S.
People with disabilities deserve equal access to all areas of community life, including the private transportation services provided by companies like Uber,” said Assistant Attorney General Kristen Clarke for the Justice Department’s Civil Rights Division in a statement. A federal lawsuit obviously raises the legal stakes for Uber.
The new Saltboxes are set to be situated in Miami, Minneapolis and Phoenix. Our goal is to create a frictionless end-to-end logistics ecosystem that is incredibly accessible and approachable to small businesses.”. The company also wants to invest in software to create a more seamless logistics ecosystem.
It has raised $4.4 Built by former Zillow executives, Pacaso helps people buy and co-own luxury vacation homes and has raised over $1.5 Folks do want access to these beautiful homes and so our approach is how do we actually take that and make it more accessible and make sense,” she said. “If million in debt financing.
Concerto today announced that it has raised $21.2 “Some businesses don’t have access to the financial tools or credit that larger companies enjoy — tools that would help them better compete in a modern economy,” Duncan said. ” Expanding access. Nearly 53% of all U.S. million versus $50 million).
In May, I wrote about Jay-Z-backed Altro, which raised $18 million to help people build credit through recurring payment forms such as digital subscriptions to Netflix, Spotify and Hulu. First up, Anita Ramaswamy wrote about X1, which just raised $25 million in funding. Like, X1, TomoCredit doesn’t rely on FICO scores to underwrite.
For the unacquainted, Republic is a New York-based fintech company that opens up access to investing in private market equity, debt or crypto offerings through its retail platform. “My Depending on how much they invest, shareholders get access to a variety of perks. And I think that’s beautiful.”. Undoubtedly.
Laura González-Estéfani is the founder and CEO of TheVentureCity , an international, operator-led venture acceleration model designed to make the global entrepreneurial ecosystem more diverse, international and accessible to fair capital. Miami won’t be the next Silicon Valley because we don’t need another one. Competitor effect.
Bolt Mobility , the Miami-based micromobility startup co-founded by Olympic gold medalist Usain Bolt, is expanding to 48 new markets after acquiring the assets of Last Mile Holdings. ” Backed by Serena Williams and Usain Bolt, Let’s Do This raises $15M from EQT.
In the end, they raised over $15,000 from nearly 50 new donors. When it comes to follow up, the Miami Foundation is a good example of what’s possible when you follow-up. You can access the complete Giving Day Playbook at www.givingdayplaybook.org. Incentivize Donor Participation. Best of luck in your campaign!
So in 2018, Reig quit his job, raised $1.1 In May 2019, he raised $4 million in VC funding, which helped him expand to 1,000 electric mopeds across Brooklyn and Queens. Miami, Oakland, Berkeley and San Francisco. And when you think about other public fast-charging access points in the city, they are few and far between.
Whatever happens, can this be a step closer to enabling medical records to be more easily accessible and transferrable for patients? Don’t call us; we’ll call you : Kyle reports that Take Blip, an online messaging platform for businesses, today announced that it raised $70 million. Sorry, Alaska and Hawaii, not to you.
It creates barriers for students who do not own their own computer, do not have reliable internet access at home, or who do not have a private space for taking exams.” A GoFundMe that Linkletter created to cover his legal fees has raised over $28,000 from over 400 different donors. It was really frustrating,” she says. “It
These same founders historically bootstrapped their companies out of need, as access to early-stage, high-risk capital can be scarce and vary widely city by city, state by state, industry by industry. Moving to cities like Nashville, Austin, Atlanta, Denver, Durham, Miami, et. Sometimes, one or more of these may be true.
The Bitcoin 2022 conference brought over 25,000 attendees to Miami last month to discuss the future of the world’s largest cryptocurrency. Startup Lightning Labs, which raised a $70 million Series B round last month , is at the forefront of developing Bitcoin’s Lightning Network.
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