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In early March, NewYork City subway riders noticed a new development at the West 4th Street station, near Manhattan’s Washington Square Park. Image: Global Industrial] In addition to transit customers like the MTA, Grinde says Global Industrial has been selling leaning bars to a wide range of users.
By Elizabeth Ngonzi , Adjunct Faculty at NewYork University Center for Global Affairs and Former CEO of Afrika Tikkun USA. International organizations planning their fundraising strategies for the new decade and looking for new funding sources may be wondering how to maximize their success in attracting U.S.
When co-founders Songe LaRon and Dave Salvant first began barbershop tech platform Squire in 2016, they leaned in: The duo bought a barbershop in NewYork City’s Chelsea neighborhood to see firsthand how the business worked. Off of 300% year-over-year revenue growth, the NewYork startup is now valued at $750 million.
Techstars NYC just announced the 10 startups participating in this year’s program, making up what Managing Director Jenny Fielding described as the accelerator’s most global class yet. ” In fact, not a single one of the startups is based in NewYork — instead, there are multiple San Francisco and Washington, D.C.
After 23 years as part of advertising and marketing services holding company IPG, creative agency R/GA bought back its independence through a new partnership between R/GAs global management and private equity firm Truelink Capital. R/GAs current major global clients still include Google, Samsung, Moncler, TurboTax, Nike, and Eli Lilly.
The San Francisco-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. Today, Blend made its debut as a publicly traded company on the NewYork Stock Exchange, trading under the symbol “ BLND.” million in 2020.
Tomorrow, a new startup is launching in NewYork with a fresh take on on-demand delivery. “We are a platform that is not relying on any type of consumer charges,” said Wenzel. According to TheRealDeal , JOKR has funding from SoftBank, as well as HV Capital and Tiger Global. market with its NYC launch.
San Francisco-based Postman, which operates a collaborative platform for developers to help them build, design, test and iterate their APIs, said on Wednesday it has raised $225 million in a new financing round that values it at $5.6 API platform Postman delivers $150M Series C on $2B valuation. Image Credits: Postman.
Unsurprisingly, “skilling” platforms have benefited enormously from these investments. “Terner realized that there was no effective, outcome-driven employee development platform to enable companies [including his] to better invest in their employees,” Glass said. billion from VCs between early 2021 and 2022.
One of the quickest ways to build a list of cell phone numbers is through a text-to-donate or text-to-give mobile platform. So Is Text Messaging the New Email? A recent survey from tech giant Twilio showed that 85% of global consumers want the option to communicate with businesses via text message.
Lynk announced today that its “knowledge-as-a-service” platform will be integrated into UBS ’ investment process. The startup has offices in NewYork, Hong Kong, Singapore, Mumbai, Shanghai and Toronto, and serves about 200 enterprise clients, including Fortune 500 corporations, investment firms and government agencies.
StudyFree — which connects students with international educational opportunities via a community-driven B2C SaaS model — has raised a $3 million seed investment round led by I2BF Global Ventures, TMT Investments and Techstars. It claims that international students using its platform have now received scholarships and grants worth $10.3
Hibob , a London-based company that targets the mid-market with an all-in-one platform that handles various human resources functions, closed a Series C of $150 million. We are a people-management platform for how people work today. We believe that the HR platforms of the future will not be clunky systems, annoying, giant platforms.
It’s the nineteenth Indian startup to become a unicorn this year (up from 11 last year) as several high-profile global investors double down in the South Asian market. The new round — a Series E — was led by Tiger Global and valued the New Delhi-based startup at $2.85 in Tiger Global-led $125M funding.
Lynk , the “knowledge-as-a-service” platform with more than 840,000 experts, announced today it has added $5 million raised from UBS’ Investment Bank division to its previously announced Series B. This brings the round’s new total to $29 million. The company has offices in NewYork, Hong Kong, Singapore, Mumbai, Shanghai and Toronto.
Moov, a data-fueled marketplace for used manufacturing equipment , has closed a $41 million Series A funding round led by Tiger Global. As for the new funding, Moov plans to use it to expand its domestic presence into other semiconductor hubs such as Austin and NewYork. With close to $1.5
You can count on one hand the number of funds bigger than Tiger Global. Last year, the NewYork-based firm, known for its famous bets on Stripe, JD.com, Meituan and Roblox, raised $6.7 In the aughts, Tiger Global participated in just 30 deals, according to The Generalist , a newsletter on topics around tech and crypto.
In 2017, Netflix CEO Reed Hastings infamously told investors his streaming platform not only competes with its counterparts for attention but also with sleep. The NewYork Times also launched its own audio app in beta with an explicit outline of where it might be able to conquer still-unaccounted-for ear time.
For many of us, going to work these days no longer means going into a specific office like it used to; and today one of the startups that’s built a platform to help cater to that new, bigger world of employment — wherever talent might be — is announcing a major round of funding on the back of strong demand for its tools.
We live in a platform world, where technological apps connect consumers directly with goods and services. Electronic transaction platforms like Amazon, Uber, Grubhub, and Airbnb have perhaps permanently changed the way that we live and work. Platform apps seem to offer convenience at low cost and with little effort.
More money for the edtech boom: Munich-based StudySmarter , which makes digital tools to help learners of all ages swot up — styling itself as a “lifelong learning platform” — has closed a $15 million Series A. The platform, which launched back in 2018 and has amassed a user-base of more than 1.5
Fashion items are among the most — if not the most — sought after on many e-commerce platforms. Behind such transactions is cross-border commerce, where African brands, via personal shoppers, export their items to a global audience. to shop for and ship luxury items to them. million) in pre-seed funding. for relatives back in Nigeria.
By Elizabeth Ngonzi , is an Adjunct Faculty at NewYork University Center for Global Affairs where she teaches Digital Storytelling, Innovation and Fundraising. She has worked with Candid, Cornell University, the United Nations, and Vital Voices Global Partnerships, among others. 4) Fundraising.
Awning is a startup that aims to make the process less intimidating through a platform designed to allow individuals to invest in single-family rental homes not just in the cities or states in which they live but in other markets remotely as well. million in a seed funding round led by Global Founders Capital. and Canada.
Fintech Brex first partnered with Weav , a developer of a universal API for commerce platforms, last summer. For one, as part of the acquisition, Brex will be expanding its global presence by building an “innovation hub” and hiring employees in Israel beyond Weav’s nine-person team, which is located in Israel and NewYork.
million in new funding last week from Bessemer led by Mike Droesch, who recently was promoted to partner earlier this year with the firm’s newest $3.3 The company now has 25 employees and is centered in NewYork City. The company raised $18.4 billion fundraise. Bessemer Venture Partners closes on $3.3 billion across two funds.
Substack , the five-year-old newsletter platform that has aggressively positioned itself as a disruptive force in media, has abandoned efforts to raise a Series C round, the NewYork Times is reporting today. It told the Times in a story last month that it has hundreds of thousands of paid newsletters now on the platform.).
One beneficiary of that increased spending is London-based Beamery, a startup developing a talent lifecycle management platform. “The new funding will support continued investment in our platform and tech capabilities and help to build out global sales footprint.” ” Image Credits: Beamery.
In 2024, the company made its North American debut with Horizon of Khufu , an exhibit in which visitors to sites in Montreal, Atlanta, and NewYork City don VR headsets to explore Egyptian life in the time of the pharaohs. It soon established a permanent venue in NewYork. million global views.
One friend reached out to Ajiboye asking if he knew of any platform where she could find new, aesthetically pleasing places to dine in, visit and take pictures. More than 36% of social media users use platforms for travel ideas, according to Statista ; over 60% of these people share photos when traveling.
Yesterday (the pre-push) was really strong for our NPOs, which was encouraging to see,” said a spokesperson for platforms GoFundMe and Classy. The Classy platform data was showing organizations are “generally holding strong compared to last year, and we are seeing an uptick in big gifts coming online,” according to the spokesperson. “We
One of the stunning facts that’s emerged over the last few years — especially as VCs and startups have turned their attention toward the climate crisis — is that our cities produce an enormous amount of CO 2 : In fact, buildings are responsible for around 40% of global CO 2 emissions.
Allara is an early-stage, NewYork-based startup that wants to help women better manage polycystic ovary syndrome, or PCOS. million in a seed round led by Global Founders Capital, with participation from Great Oaks and Humbition. And it’s far from rare, affecting some one in 10 women of childbearing age.
Qureos , a UAE-based edtech and remote work marketplace that is changing how people upskill and get jobs across the globe, plans to grow the uptake of its platform by 10 times this year in its race to create 100 million jobs over the next few years. As such, you learn from peers and from the best in the world,” said Epure.
Following its 2023 unveiling of two of the largest quantum computers ever made, IBM expanded and upgraded its cloud quantum service and its open-source Qiskit quantum software platform in 2024. And in October, the company opened its first global quantum data center outside the U.S., in Ehningen, Germany. billion, a 33.9%
Stitch’s provides solutions for e-commerce companies, marketplaces & platforms and its leading clientele, fintechs. Some customers include wallet-based companies such as Chipper Cash and Luno ; embedded finance providers like ImaliPay ; subscription platforms like FlexClub ; and payment aggregators like Yoco. Image Credits: Stitch.
million seed round, and while that may be the kind of funding a younger company takes, the livestream shopping platform is actually a “veteran” in this emerging way of shopping. to take part in the NewYork Fashion Tech Lab, she saw the impact influencers were having on shopping and created a video-enabled tool they could use.
Pet pharmacy Mixlab has developed a digital platform enabling veterinarians to prescribe medications and have them delivered — sometimes on the same day — to pet parents. The platform manages the home delivery of medications across branded, generic and over-the-counter medications, as well as reduces a clinic’s on-site pharmacy inventories.
Less than six months after raising a $157 million Series D round, AI-powered transcription and captioning platform Verbit announced today it has closed $250 million in a Series E round that values the company at $2 billion. The latest funding brings its total raised to more than $550 million. .
In fact, a recent Global Trends in Giving report reveals that 33% of donors in the U.S. and Canada find email to be the communication channel that most inspires them to contributebeating all other platforms. Roosevelt Four Freedoms State Park memorial in NewYork City.
San Francisco-based startup anecdotes developed a compliance operating system platform to provide customized compliance services for businesses. . The funding news comes on the heels of its 175% increase in post-IPO commercial customers after raising $5 million in seed funding in February 2021.
Mundi, a financial services platform for cross-border trade, announced today it has raised $16 million in a Series A funding round led by Union Square Ventures. . The NewYork-based firm has also backed the likes of fintech giants such as Coinbase and Stripe. Why global investors are flocking to back Latin American startups.
Smartling s new AI-powered toolkit reduces translation turnaround times while delivering accurate results for companies engaged in global commerce. million from investors, spent the past year developing its platform, creating a system of integrated technologies that reduces corporate dissolution time from months to days.
“We are continuing to monitor the situation and can confirm this was not a result of a cyber attack on the Akamai platform” says Akamai in email to The Verge. Larger outlets included the NewYork Metro Transportation Authority and The Times of India , who tweeted that their service outages were due to Akamai. Wear a Mask.
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