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Nearly half (43%) of Americans say they would need to borrow money to pay for an unexpected expense, such as $1,000 bill for an emergency room visit or car repair, according to Bankrates Emergency Savings Report. Rather than treating yourself to a new dress, treat yourself to more money in your emergency fund, Rebell says.
It is currently installing a network of 50 or so devices in SanFrancisco, a project the company says is largely funded by Yelp CEO Jeremy Stoppelman, with support of “local civic groups such as SF Parks Alliance and the Slow Streets Mayors.”
Healthcare startup Color has raised a sizable $167 million in Series D funding round, at a valuation of $1.5 billion post-money, the company announced today. This latest investment into Color was led by General Catalyst, and by funds invested by T.
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. Jeff Bezos’ investment fund is backing a startup hoping to be the AWS for SMB accounting. So here we go.
As traditional funding models shift and societal needs evolve, nonprofits are being called upon to adapt and innovate to create lasting change. This increased need is coupled with a potential shift in funding priorities, as philanthropic organizations and governments allocate more resources to address climate-related emergencies.
Allison Baum Gates Contributor Share on Twitter Allison Baum Gates is a general partner at early-stage venture capital fund SemperVirens, and the author of Breaking into Venture. I had a strong personal network and brand in the Hong Kong region, and I had no trouble finding local entrepreneurs who wanted to pitch Fresco Capital for funding.
BoxGroup has quietly, yet diligently, been funding companies at the early stage for over a decade. If you’re starting a company and you’re going to raise money, that first yes is the hardest. BoxGroup Five is the firm’s fifth early stage fund, and is aimed at investing in emerging tech companies at the pre-seed and seed stages.
Family offices and accredited investors are eager to get involved in high-quality funds, but face hurdles like access to fund managers. The company, founded by Samir Kaji and Hana Yang in February 2021, is developing an approach to venture capital fund investing that provides a way for investors of any size to participate.
The lack of trust between NGOs and local Kenyans and the expectancy that NGOs are funded from outside Kenya are the key reasons for limited local fundraising towards NGO in Kenya. M-Changa also makes it easy for NGOs to account for funds coming in from multiple paymnet channels with automatic reporting and statements.
SanFrancisco-based startup Orbit Fab wants to be the go-to source for orbital refueling, and now it has raised over $10 million in its quest to get there.
Both Iconiq Capital and Sequoia Capital offer money management services. As Bloomberg notes , wealth management can be a hugely profitable venture once the money comes in the door. TechCrunch reached out to a16z for comment but had not received a response at the time of writing. billion, according to Bloomberg.
Mycel , a South Korean startup making fungal-based biomaterials that can replace leather and meat, said it has raised $10 million (13 billion WON) in a pre-Series A round of funding. A SanFrancisco-based startup called MycoWorks raised $125 million in a Series C round early this year, while Bolt Threads also secured $253 million at a 1.15
Playbook, a startup that describes itself as a “creative file manager for designers” where “Pinterest meets Dropbox ,” has raised $18 million in a Series A funding round led by Bain Capital Ventures. The process wasted time and money, in her view. We don’t want to make money from cloud storage.
Unit21 , a startup that helps businesses monitor fraudulent activities with its no-code software, announced today it has raised $34 million in a Series B round of funding led by Tiger Global Management. Data is the most important weapon in the fight against fraud and money laundering,” Kothari said.
Sundae , a residential real estate marketplace that pairs sellers of dated or damaged property with potential buyers, has raised $80 million in a Series C funding round co-led by Fifth Wall and General Global Capital. The SanFrancisco-based company declined to reveal at what valuation its Series C was raised.
BOND led the Dublin and SanFrancisco-headquartered startup’s Series B financing round, while Insight Partners and existing investor Accel participated in it. BrowserStack , which for the first six years of its journey didn’t raise any money and remains profitable, has raised $250 million to date.
Just a year later, Checkout.com added $150 million in funding at a $5.5 Checkout.com is now valued at $15 billion based on today’s funding round. And yet, the company needs a lot of money in its bank account to expand to more countries. But why do investors want to hand over more and more money? “At
The SanFrancisco-based startup’s SaaS (software-as-a-service) platform currently processes over $5 billion in mortgages and consumer loans per day, up from nearly $3 billion last July. In 2020, the SanFrancisco-based startup significantly expanded its digital consumer lending platform. That compares to a $3.3
I once aspired to own SanFrancisco real estate. “Despite the economic uncertainty, we believe new records will be established in spacetech as giant commercial projects get funded,” says Mark Boggett, CEO and co-founder of Seraphim Space Manager LLP. 4 tips to find the funding that fits your business.
The SanFrancisco-based startup is announcing today that it has raised $10 million in a Series A funding round co-led by Kapor Capital and KB Investment Inc. The new capital comes just over seven months after TomoCredit raised $7 million in seed funding, and brings its total raised this year to $17 million.
Zoox has been testing its technology in SanFrancisco and Las Vegas. Zoox has been testing its self-driving technology in a fleet of retrofitted Toyota SUVs in SanFrancisco and Las Vegas. At the time it said it planned to re-hire them once the shelter-in-place orders were lifted.
The two companies underscore how possible it is to build large startups in markets outside of the traditional collection of cities most associated with technology entrepreneurship in the United States, like Boston, New York City and SanFrancisco, to name a few. The Exchange explores startups, markets and money. A funding boom.
While the default power mode works fine in most cities, it’s not enough in hilly cities like SanFrancisco. New funding round at a lower valuation In January 2022, Cowboy announced an $80 million funding round. A bit more than a year later, the company is raising more money. million at today’s exchange rate).
Nigeria’s lending startup Payhippo has raised $3 million in a seed round, funding the company plans to use in sourcing the talent needed to optimize its technology as it ramps up effort to extend speedy credit to more small and medium-sized enterprises (SMEs) in the West African country. .
Now, a new startup hopes to become a key DesignOps platform for UX teams, and has raised money to help it, in turn, scale-up. London-based zeroheight will now expand to the SanFrancisco/Bay Area, and grow the team across the board.
It’s a vital question, and it’s why we’ve invited three investors — who we think know their stuff — to share their insight and advice on the TechCrunch+ stage at TechCrunch Disrupt on October 18-20 in SanFrancisco. He is also the GP of the 500 Fintech fund. Early action equals bigger savings. Prices increase July 29.
As part of the deal, Cruise will use Azure, Microsoft’s cloud computing platform, to help speed up the process of making money off its fleet of autonomous vehicles. billion investment from the SoftBank Vision Fund. Cruise recently began testing its fully driverless vehicles in SanFrancisco for the first time.
Sending money from the U.S. For remittance platforms like Western Union, it will cost a transfer fee and take between one to five business days for money sent from a U.S. It allows users to deposit cash on the app, send money to a bank account or another user and withdraw money to a connected bank or debit card. .
Populus, the SanFrancisco-based transportation data startup, got its start as shared scooter mania took hold and cities tried to make sense of how infrastructure was being used by fleets of tiny vehicles. That opportunity is being driven by rising demand for same-day and next-day delivery. ’s FootPrint Coalition Ventures.
Besides the frustration and stress the problem of file storage and sharing caused, not being able to locate the correct assets also led to errors, which in turn led to lots of money lost, according to Ko. “We On top of that, she said, designers weren’t the only ones who needed to access the assets.
Resolve — a SanFrancisco-based startup in the space specializing in “buy now, pay later” capabilities for B2B transactions — announced today that it has raised $60 million in funding. Initialized Capital led the round — the company’s first funding since its 2019 inception.
The leading story in technology-land this morning is the multibillion dollar exit of Deliverr , a SanFrancisco, California-based e-commerce fulfillment startup, to e-commerce giant Shopify. At first blush, the deal looks like a clear win. What startup wouldn’t want to exit for billions to a company growing as quickly as Shopify?
CEO Cynthia Chen and CTO Christophe Chong co-founded the SanFrancisco-based company in late 2019 with the goal of helping consumers without a credit history establish one, and helping those with credit histories to continue building credit. There’s no cost of borrowing money,” she said. Department of the Treasury.
billion each to tackle similar issues plaguing the SanFrancisco Bay Area. This new $2 billion Housing Equity Fund will create or preserve 20,000 affordable homes in all three of our headquarters regions—Arlington, Puget Sound, and Nashville.
HoneyBook is the latest to feel some love in this area, unveiling Wednesday that it raised $250 million in Series E funding, just six months after securing $155 million of Series D capital. The new round propels the SanFrancisco-based company’s valuation to $2.4 billion, HoneyBook CEO Oz Alon told TechCrunch via email.
Specifically, the SanFrancisco-based startup wants to drive bank customer engagement using prize-linked savings and casual gaming to motivate smart financial behaviors. Prize-linked savings, she said, is a concept of someone placing money in a savings vehicle for a chance to win money. million raise in 2017.
Zombie companies are basically companies that raised a ton of money over the boom cycle but aren’t producing nearly enough revenue to justify the valuation. In the rest of this newsletter, we’re going to talk about the do-it-all startups and Sarah Guo’s new VC fund. Funding in Indian startups shrinks by more than half .
Talkdesk , a provider of cloud-based contact center software, announced $230 million in new Series D funding that more than triples the company’s valuation to $10 billion, Talkdesk founder CEO Tiago Paiva confirmed to TechCrunch. SanFrancisco-based Talkdesk now has $498 million in total funding since its inception in 2011.
Today, SpotOn announced it has achieved unicorn status with a $125 million Series D funding round led by Andreessen Horowitz (a16z). It also marks SanFrancisco-based SpotOn’s third funding event since March 2020, and brings the startup’s total funding to $328 million since its 2017 inception.
Caliujnaia began her career in venture capital in one of the first mobile-focused funds, before moving to operator roles in gaming, stock photography, and fintech, at EA, Getty Images, and SigFig, respectively. She later joined early-stage fintech and enterprise fund XYZ.vc as an Entrepreneur in Residence.
It turns out that a $10 burrito bowl really costs $3 in food costs, and the rest of the money goes to places like labor, overhead and real estate,” Kolchinski added. “If That new funding will enable the company to add more talent, parts, food and operational expenses.
Pipefy , a “low-code” workflow management SaaS startup, announced today that it has raised $75 million in Series C funding. SoftBank Latin America Fund led the financing with a $50 million contribution, bringing Pipefy’s total raised to $138.7 million since its 2015 inception. Insight led that round. .
It struggled to raise additional funds that it needed to get its plans back in motion. Rather, the company claims it was sabotaged by Boeing, which misused its position as an investor to pillage its talent and patents before eventually scuttling the company’s ability to continue to raise money. Zunum puts the blame on Boeing.
Notable rounds and a new fund. Our Nigeria-based startups reporter, Tage Kene-Okafore last week wrote about Esusu, a New York-based fintech company that targets immigrant and minority groups and provides rent reporting and data solutions for credit building, that raised $130 million in a Series B round led by SoftBank Vision Fund 2.
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