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Papa , the elder tech company that offers care and companionship to seniors, today announced a $60 million Series C led by Tiger Global Management, bringing its total raised to date to $91 million. The Miami-based company has since partnered with 80 insurance providers who offer Papa nationwide as a benefit to their members.
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.
And then, during a trip to Miami, he and his friends actively sought out beautiful places to eat — and take photographs. But Backdrop is not unlike other global social media platforms that allow users to take ephemeral photos, flex their lifestyle on disappearing stories or discover millions of personalized short videos.
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. Miami-based Marco Financial is launching a revenue-based lending service for Latin American SMEs.
As more people dust off their luggage and passports after stowing them away during the global pandemic, Elude aims to show travelers a new way to take spontaneous trips. The Los Angeles-based startup launched its travel discovery mobile app Thursday, a budget-first search engine that shows people how far their money will take them.
The money is coming from a single, big-name investor, Susquehanna Growth Equity, which is taking a minority stake in the company as a result. Founders Gregory Galant (the CEO) and Lee Semel (the CTO) will continue to control the company post the deal. Elser and Scott Feldman of SGE will be joining the board.
The funding gives Mambu a post-money valuation of €1.7 CEO and co-founder Eugene Danilkis said it will be using the money to expand deeper in the 50 markets where it is already active, as well as focus more on specific regions like South America and Asia. ” story, it’s one of the many tech companies with its U.S.
As founders and investors continue looking for new places to park their money, it’s essential to consider this moment as an opportunity to start banking with some of the few Black-owned banks. Digitally, there is Intrepid , founded by Collin Thompson, which works exclusively with businesses and global remote teams.
REEF began its life as Miami-based ParkJockey, providing hardware, software and management services for parking lots. SoftBank and Mubadala are joining private equity and financial investment giants Oaktree, UBS Asset Management and the European venture capital firm Target Global in providing the cash for the massive equity financing.
This means that SoftBank still has $400 million to back companies across LatAm, with about 50% of that money going to new investments and the other half going to existing portfolio companies. That marked the fourth straight quarter in which SoftBank Group has reported losing money.
The Miami-based startup has built what Palmer describes as “very specialized” software that gives banks a way to offer their own customers the ability to make cross-border payments. . He founded Payall , a cross-border processor for regulated banks, in 2018. And Gary shared the same thesis.”.
When the World Health Organization declared the COVID-19 outbreak a global health emergency at the end of January 2020, the startup world held its breath.
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. Why global investors are flocking to back Latin American startups. In fact, Morado is part of a16z’s new START program.
The move was championed by President Nayib Bukele, who says it’s a way to help those who don’t have access to banks, and those who want to send money back to the country from abroad, but critics worry that it’ll be more show than substantive change. percent of the global computing power that’s put towards Bitcoin.
It is valued at $22 million, post-money. “We Founders Fund Partner Matias Van Thienen said his firm had been looking for an investing and savings platform in Latin America that could offer global equities with a high-quality product and a suitable regulatory approach. Financial services for investing and cash management in the U.S.
Uber is sending tens of thousands of its electric Jump bikes to the scrap yard, weeks after offloading the money-losing bike-share division on Lime. The Jump bike was really, really very special,” Kaminer, who’s based in Miami, told The Verge. “I But Jump was also a money loser, even more so than Uber’s core ride-hailing business.
. “That made us step on the pedal and recruit a product, engineering and sales team across San Francisco, Austin, Miami and New York City with payments knowledge from a range of backgrounds.” based electronic money and finance data transfers — increased 8.7% But Shoykhet welcomes the rivalry. currently. .”
Jake Rothstein is the co-founder of Papa , a Miami-based company that offers care and companionship to seniors. Elder tech company, Papa, raises $60M Led by Tiger Global. The millions in new venture capital money are coming as UpsideH?M It has raised upwards of $91 million in venture capital to date. This is incorrect.
That content, unsurprisingly, also typically costs a ton of money to produce, narrowing the production and distribution funnel even more. operations, with an office in Miami. ” Before Veo, to record a football game, he added, “you need a guy sitting on a scaffold, and time and money to then cut that down to highlights.
The Bitcoin 2022 conference brought over 25,000 attendees to Miami last month to discuss the future of the world’s largest cryptocurrency. 165 million is a lot of money but seems like a drop in the bucket for the world’s biggest blockchain. Bitcoin’s payments edge. based e-commerce site using Visa’s rails. .
If you’re excited to make sense of the crypto world, we’ve got an event in Miami coming up in a couple of weeks — details and tickets here ! — Christine and Haje. Like app development, but more lucrative : Anna writes that Adapty is betting it can help app devs make more money after raising a round of funding. The TechCrunch Top 3.
At that time, Rebag’s path was uncertain, with the global pandemic, Gorra explained. That’s important in the luxury space because Rebag’s average ticket is $2,000, so when you spend that kind of money, you want to build trust, Gorra said. The “last time” was a $15 million Series D round in 2020, also led by Novator.
The company started its own self-driving unit, Uber ATG, in 2015, but found it to not only be a money pit , but also a brand hazard after one of Uber’s test AVs (with a human operator behind the wheel) hit and killed a pedestrian. Automated driving technology has for a long time been a part of Uber’s end game. told TechCrunch.
Attend If Youre: Engaged in global fundraising or nonprofit work. AGP Leaders will be in attendance NACCDA Annual Conference Miami, FL May 19-22, 2025 The annual conference has been the cornerstone of NACCDO since its inception. Topics span fundraising fundamentals and CFRE test prep, to major gifts and capital campaigns.
The startup, launched in late 2018 by former Beats Music CEO David Hyman and Mog co-founder, said Wednesday it is bringing its subscription service to Austin, Miami, Nashville, Phoenix, San Francisco and Seattle. The global electric scooter market is expected to grow around 8% per year over the next decade, reaching $42 billion by 2030.
It’s an ambitious one, especially considering that shared electric bike and scooter companies are still struggling to turn a profit as COVID-19 upends supply chains and the transportation section globally. Wheels’ e-bikes will be available in Lime’s app starting this winter in four cities: Austin, Miami, Seattle, and Berlin.
Acton has done similar deployments in cities like Ankara and San Francisco, with plans for upcoming projects in Miami, Athens, Cape Town, Mallorca and Barcelona, according to Wang. The Acton and Duckt merger makes for a perfect growth story,” Jennifer Dungs, EIT InnoEnergy’s global head of mobility, said in a statement.
Peer-to-Peer Professional Forum / Miami, FL / $945. With diverse workshops, high-level plenary sessions, and an awards banquet, InterAction’s 2017 Forum creates a stimulating environment for participants to engage with colleagues and partners from a variety of sectors to forge common solutions to pressing global challenges.
Miami is quickly becoming a symbol for the tech exodus from Silicon Valley. In this survey, these investors agree on several aspects of Miami. As they say below, the future of work is uncertain and Miami is becoming more attractive as workforces disconnect from office buildings. David Goldberg, general partner, Alpaca.
The Miami-based company (with locations in Amsterdam, Barcelona, Berlin, Lisbon, Madrid, Mexico City, Miami, Paris and São Paulo) said it will use the money to build out more virtual offerings to complement the company’s campuses. Over the next five years, 13 million jobs will be added to the tech industry in the U.S.,
clients “have some sort of global operations.” “One One of the big problems that companies have when they operate globally is that they actually need to open up an account in all these different countries where they might have employees.
Well, that deal has closed and in the end, Miami-based Pipe confirms that it has actually raised $250 million at a $2 billion valuation in a round that was “massively oversubscribed,” according to co-founder and co-CEO Harry Hurst. Pipe, which aims to be the ‘Nasdaq for revenue,’ raises more money at a $2B valuation.
Last week, I covered Brex’s big push into software , which means that its revenue generation will be more diversified as it will now be making money off of interchange fees and recurring revenue from subscriptions to its software. A reported 265,000 gamers are on the waitlist, according to Refresh Miami. Also in the U.K.,
Miami-based Pipe said today it is on the hunt for a “veteran” CEO as Harry Hurst, who has been the face of the company since its 2019 inception, transitions from his role as co-CEO to vice chairman. Once a new CEO has been named, Mangel will become executive chairman of Pipe, focusing on product and strategy.
In other words, its software is aimed at helping short-term and mid-length stay providers manage their properties and make more money off of them. Instant transfers allow customers to transfer their money instantly to a bank account or debit card for a fee. So why do these stories make me irrationally happy? and a maximum fee of $25.
While it’s impossible to ignore the location-agnostic remote- and hybrid-working revolution spurred by the global pandemic, some believe that companies are turning to London for the same reasons they always did — it’s a major accessible conurbation, and it’s a place where people want to live.
A Thursday filing revealed that nearly two dozen investors have contributed money, including Sequoia Capital, Binance, and Oracle co-founder Larry Ellison, who had $1 billion he wasn’t doing anything with at the moment. Pitch Deck Teardown: Momentum’s $5M seed pitch deck. Image Credits: TechCrunch.
The buzzy startup’s goal with the money was to give SaaS companies a way to get their revenue upfront by pairing them with investors on a marketplace that pays a discounted rate for the annual value of those contracts. This wasn’t about the money. Technically we’ve served a global audience from day one.”. Some context.
The global economy had become, almost overnight, a topsy-turvy gray market — something Kaplan knew a lot about. But he thought, well, there are only three ways to get rich: inherit it, sell something with mass appeal, or get in between money moving. A lot of money was moving. Now he was doing more than just making money. “It
The next-generation operating system that will provide those upgrades, codenamed “Briggs,” will be uploaded to its global fleet of LINK e-scooters. Unagi, which was launched in late 2018 by former Beats Music CEO and MOG co-founder David Hyman, plans to use the money to fund its expansion and bring its subscription service to six more U.S.
Webby Award for Financial Services & Banking : Happy Money. Webby People’s Voice Award for Green : NASA’s Global Climate Change Website by NASA/JPL. Travel (Video): Igniting a Global Conspiracy to #GetNZontheMap by Augusto; Disney Imagineer Executive Creative Director talks Star Wars Galaxy’s by In The Know. New Media Inc.
It’s just bagged $1M in seed funding led by Angels Capital, a European VC fund owned by Juan Roig (aka Spain’s richest grocer and second wealthiest billionaire), and Miami-based The Venture City. ” *Per the IEA , data centres and data transmission networks each accounted for around 1% of global electricity use in 2019.
Mobileye has begun testing its self-driving vehicles in Miami and Stuttgart. General Motors’ first-quarter earnings report and accompanying analyst call Tuesday highlighted the company’s grand ambitions for electric vehicles and autonomous vehicles — and the money it is willing to put behind them. billion valuation.
It will only help Tesla,” Musk wrote in a post on X as he campaigned and raised money for Trump in July. He said the development of a fully self-driving vehicle was “really the difference between Tesla being worth a lot of money and being worth basically zero.” “Take away the subsidies.
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