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According to a NewYork Magazine report, conducted in partnership with Livestream, 80% of consumers would rather watch a live video from a brand than read a blog. Partner List: List businesses or brands aligned with your mission and/or might have a complementary audience. 82% prefer live video over traditional social posts. .
This morning, we’re looking back at just what startups in NewYork City managed in the first half of the year. We paged through a report from NewYork City-based Work-Bench, a venture capital group focused on enterprise technology. In recent news, Work-Bench recently raised a new $100 million fund.).
In an increasingly post-literate world , companies continue to turn to video to communicate with key stakeholders, and two of this years business services honorees help enterprises produce streamable content more efficiently. SimpleClosure, which has raised $5.5 Read more about SimpleClosure , honored as No.
Too Good To Go , the startup that lets you buy food right before it goes to waste, is raising a $31.1 While the company has been around for a while, this is the first time Too Good To Go is raising money from a VC firm. On one side, restaurants, grocery stores, bakeries and other food businesses contribute surplus food items.
The investment comes nine months after the company raised $500,000 in pre-seed last September and two months after receiving $125,000 from YC. NewYork but Africa-based VC Lateral Capital also invested after taking part in Mono’s pre-seed. ” How African startups raised investments in 2020.
They are responsible for communication between banks and fintechs to settle transactions for consumers and businesses swiftly. Today, the unified payments app is announcing that it has raised $32.8 Global financial transactions are facilitated mainly by payment processors such as Visa or Mastercard. Africa has it different.
NewYork-based private investment firm Avenir Growth Capital and U.S. New and existing investors who participated include DST Global, Early Capital Berrywood, Green Visor Capital, Greycroft Capital, Insight Ventures, PayPal, Salesforce Ventures, Tiger Management, Worldpay FIS 9yards Capital. .
The process of digitizing the operations of mom and pop stores in Nigeria is serious business right now. Today’s news is from Alerzo , a little-known B2B e-commerce retail startup based in Ibadan, Nigeria. million Series A round led by NewYork-based Nosara Capital. The company is announcing a $10.5
This year’s top auctioneers are driving impactful change, raising crucial funds and leveraging their expertise to make a difference for great causes worldwide. In fact, she will often offer a surprise song during fundraising to encourage more donations – her songs have raised up to an additional $10,000 for her beloved clients!
Hugging Face has raised a $40 million Series B funding round — Addition is leading the round. When it comes to business model, the startup has recently launched a way to get prioritized support, manage private models and host the inference API for you. Clients include Bloomberg, Typeform and Grammarly.
Uber has offloaded its air taxi enterprise Elevate to Joby Aviation, the last of several moonshots to be sold by the ride-hailing company in a pursuit to stick to its core business and reach profitability. To date, Joby Aviation has raised $820 million. Uber has invested a total of $125 million into the startup.
Derhalli said moving in this direction with the company was part of his business plan from day one. “I In the unveiling of its new offerings, Invstr also announced Wednesday that it has closed on a $20 million Series A in the form of a convertible offering. I think the most powerful trend in the U.S.
Walnut raised $15 million in Series A funding, led by Eight Roads Ventures, to continue developing its sales experience platform. ” The company’s latest round gives it $21 million raised to date, and follows a $6 million seed round that included NFX, A Capital, Liquid2 Ventures and Graph Ventures, Vilner said.
“At a time of macroeconomic challenges, companies need a solution that accelerates key business processes,” Sangha told TechCrunch in an email interview. ” Sangha, a law lecturer at the University of Pennslyvania and a licensed attorney in the State of NewYork, founded LexCheck in 2015. .
Clear Street , which says it is building “modern infrastructure” for capital markets, has raised $270 million in the second tranche of a Series B funding round at a $2 billion valuation. NewYork-based Clear Street raised the first tranche of the round in May of 2022 at a $1.7 billion valuation. Sign up here.
Last year, former Glossier executives Henry Davis and Bryan Mahoney unveiled a new e-commerce startup called Arfa. Today, they’re announcing a new vision for the company, along with a new name, new funding and an acquisition. ” ‘Headless’ e-commerce platform Fabric raises $43M.
Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. The company previously raised a total of $15.5 million, so the latest financing brings its total raised to $95.5 million since it launched in 2017. and globally.
and will use a new $225 million Series D raise to help make it happen. The new capital comes from Founders Fund, Khosla Ventures, SoftBank, Mark Benioff – and recording artist The Weeknd – among others. markets including LA, NewYork, Chicago, SF and Washington, D.C.,
The businesses in Fast Company s Most Innovative Companies in AR/VR reflect that trend. Xreal announced in January 2024 it had raised an additional $60 million in funding for further development of its AR glasses. It soon established a permanent venue in NewYork.
On the heels of Personio raising a big round yesterday , one of its competitors and another big startup in the area of HR has also picked up some funding. This was also the figure that appeared in leaked rumors in the market earlier this week, ahead of the company confirming the news today. The funding values the company at around $1.65
Today, B12 , a startup that is focused on helping those smaller professional service organizations such as law and accounting firms or mortgage brokerages more easily accept online payments and build a digital presence in general, announced it has raised $15.7 million in funding led by Tola Capital. .
Last year we covered how “&Open” (yes, “ampersand open,” pronounced “And Open”) had raised a raised $7.2 Other new and existing investors also contributed to this round. The Series A brings &Open’s total capital raised to $33.2 and plans to open an office in NewYork City in the next year.
At first glance, one might think that the WeWork rival, which had raised about $560 million since its 2016 inception, was another casualty of the COVID-19 pandemic. . Anytime a company that has raised more than half a billion dollars basically implodes, it’s worth taking a look at the roller coaster ride it was on before it got to that point.
French startup Upflow has raised a $15 million Series A round. People who run a business often tell you that getting paid is a consuming task. Instead, the company has built integrations with popular business tools that you’re already using. The startup will open an office in NewYork.
Panorama Education , which has built out a K-12 education software platform, has raised $60 million in a Series C round of funding led by General Atlantic. Panorama declined to reveal at what valuation the Series C was raised, nor did it provide any specific financial growth metrics. Just what does Panorama do exactly?
Grocery delivery startup Good Eggs is announcing that it has raised $100 million in new funding, and that it’s planning to launch in Southern California in either the summer or fall of this year. And it sounds like he isn’t in a rush to launch in a bunch of new markets. Image Credits: Good Eggs.
Less than five months after raising $115 million, spend management startup Ramp announced today it has raised $300 million in a Series C round of funding that values the company at $3.9 billion that NewYork-based Ramp was valued at in April at the time of its Series B. That’s more than double the $1.6 valuation.
Keyway , a startup that buys property from small and medium-sized business owners and then leases it back to them, has secured $70 million in debt financing on the heels of a $15 million equity raise. ” Keyway’s first product is a sale-leaseback offering for business owners. .”
Scott Galloway, the NewYork University professor, author, and tech entrepreneur, is taking the wraps off a $30 million Series A round for his newest company, Section4 , a platform for business “upskilling” that has now raised $37 million altogether. SG: It’s both.
The burgeoning market is indicative that insurtechs are actively providing various solutions to businesses and end consumers, helping them manage the risks of purchases ranging from buying cars to accessing accommodation. The distribution business is essentially its embedded insurance product Grow.
government worth just over $500,000, none of which are expected to expire, the NewYork Times reported. Heading into this year’s tax filing period, ZenLedger had raised just $11.5 They were in because they really liked the team and the business. ” 5 crypto tax tools that could save your ass on Tax Day.
business, has raised $3 million in seed funding. During that pivot process, the team realized that it didn’t want to go through the “complex and time-consuming” process of setting up the full-stack of software and accounts needed to get a business off the ground. . She believes doola is poised to help such global businesses.
Open finance continues to be a significant theme in the world of fintech as businesses tap APIs to access customers’ financial accounts and provide a gamut of integrated and embedded financial services. In total, Stitch has raised $27 million to date. And the last is getting end consumers to link their accounts via these businesses. “On
As we have started to see the light at the end of the COVID-19 tunnel, food delivery has shaped up to continue to be a major business. The startup has raised $150 million, a Series D round of funding that values the company at over $1.4 Xu actually called me from a plane about to take off to NewYork.).
Corporate spend and cash management company Rho today announced that it has raised a $75 million Series B funding round led by Dragoneer Investment Group. Participants included existing investors Inspired Capital, M13 and Torch Capital, as well as new investors such as DFJ Growth. Having previously co-founded U.K.
Neighbor , which operates a self-storage marketplace, announced Wednesday that it has raised $53 million in a Series B round of funding. Fifth Wall led the financing, which notably also included participation from returning backer Andreessen Horowitz (a16z) and new investors DoorDash CEO Tony Xu and StockX CEO Scott Cutler.
She had seen firsthand the challenges of running a small business as a freelance makeup artist, one of her jobs while she was a student at Princeton. So she taught herself how to code, launched in 2016, raised $2.8 Helping small businesses run big operations is core to the company’s mission, Cohen-Shohet said.
based construction tech company that offers an artificial intelligence (AI)-powered platform to help project managers track work and capture data from building sites, has raised $16 million in funding. “So far, the bulk of our business is still in the U.K. “So far, the bulk of our business is still in the U.K.
Cybersecurity continues to be a major area for investment among businesses — and VCs. Bringing its funding to nearly $1 billion ($900 million), CEO Rappaport says the new cash will be put toward product development and hiring well into the new year. billion in 2022, according to Momentum Cyber.
aren’t finished taking big swings at the commercial real estate business in the U.S. Even after the collapse of WeWork, the investors are doubling down on a similar business model as part of a syndicate investing $700 million into REEF Technology. It has since expanded its vision while remaining true to its basic business model.
The startup has an interesting founding story, as it’s not quite as new as it would have you believe. Bridgeford, who once left a finance career in NewYork, founded and ran Austin-based Stylust , a text-based shopping platform that aimed to offer a shopping assistant for consumers.
Mindsay nicely complements Laiye’s main product offerings, which include conversational AI and robotic process automation (RPA), a technology that mimics repetitive human actions interacting with digital interfaces, such as processing an insurance claim, and one that has been popularized by NewYork-based UiPath.
A new startup called Cohere , now backed by $3.1 With Cohere’s technology, businesses can help customers in seconds by taking instant control of their screen without any downloads or setup on the customer’s end. It’s now raised $3.1 The paid service begins at $49 per user per month and is $39 for larger teams.
Anyplace launched Select last year in San Francisco, NewYork, Los Angeles and San Diego, and achieved a $1 million run rate within seven months of its launch, according to Naito, who serves as the company’s CEO. Their strength is in the platform business.”. He raised capital from well-known U.S.
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