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You don’t hang out and spend meaningful time there,” said Alex Taub, co-founder and CEO of Upstream , a new professional networking platform that just closed a $2.75 million seed round, bringing their total raised to $3.25 8 Miami-based investors share their views on the region’s startup scene.
Lula , a Miami-based insurance infrastructure startup, announced today it has raised $18 million in a Series A round of funding. Founded by 25-year-old twin brothers and Miami natives Michael and Matthew Vega-Sanz, Lula actually emerged from another business the pair had started while in college. “We
All of this: Robinhood raised $3.4 RPA is big and UiPath is cashing in on the trend, raising $750 million at a $35 billion valuation. Databricks raised $1 billion at a $28 billion valuation , after reaching $425 million in ARR. And then there were some neat early-stage rounds to chat about: Balance raising $5.5
The Miami-based startup has raised a $3.3 The Miami-based startup has raised a $3.3 All the above are part of the recent diaspora from Silicon Valley to Miami. Its enterprise HIPPA-compliant health platform plans to launch in the late summer of 2021. NUE Life Health , a telemedicine startup in the U.S.,
Mambu , a Berlin-based startup that describes itself as an SaaS banking platform — providing, by way of APIs, technology to banks and others to power lending, deposit and other banking products — has closed a round of €110 million (about $135 million at today’s rates). (And offices established in Miami.).
Whatnot , a livestreaming shopping platform for collectors to buy and sell things like rare Pokémon cards and Funko Pops, has closed a $150 million Series C — its third round of fundraising in 2021 alone. The app captures a trend that had been growing popular on platforms like Instagram in the U.S. So what’s a Whatnot?
NovoPayment is a global BaaS startup based in Miami that has largely been focused on offering its API platform to customers in the Latin American market. “They were in need of a single platform that could help them to launch these new use cases in more than one country,” Perez said.
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.
The Vets , a tech-enabled pet healthcare platform that provides at-home care, has raised $40 million in seed funding led by Target Global, PICO Venture Partners and Bolt Ventures. Since its inception, the company has expanded to nine major cities, including Miami, Tampa, Dallas, Austin, Houston, Portland, Seattle, Las Vegas and Denver.
Today, Muck Rack is making another kind of connection, with investors: it’s raised $180 million in what it’s describing as its first outside funding, having been bootstrapped since being founded back in 2009. Founders Gregory Galant (the CEO) and Lee Semel (the CTO) will continue to control the company post the deal.
Since formally launching in 2019, Shift One has grown to have 25,000 workers on its platform — many of whom it says were unemployed at the time of hire. To help it grow and further expand its reach, Shift One just raised a $5.2 And Miami benefits from the virtuous circle of higher employment and strong local businesses.”.
Merit has now raised $80 million, according to the company. So what we did is we built a platform over the last five years that actually handles this by allowing organizations to connect to other databases,” Kagan explained. Company co-founder and CEO Tomer Kagan said that idea is to create a verifiable online digital identity.
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.
REEF began its life as Miami-based ParkJockey, providing hardware, software and management services for parking lots. In all, REEF, which could reasonably be described as a WeWork for the neighborhood store, has $1 billion in capital coming to build out what it calls a proximity-as-a-service platform.
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. Image Credits: MAJORITY.
The $20 million Series A round brings the company’s total capital raised to $38 million. The company owns an animated collab house of “synthetic superstars” — characters who live on social media and pop up everywhere else through partnerships with celebrities, iconic fashion brands and gaming platforms.
One San Francisco-based startup has emerged that wants to not only give travelers more options, but make traveling more affordable, and it’s just raised $15 million toward that goal. To date, the startup has raised a total of $26.75 It has 20 employees, up from 10 a year ago.
Their strength is in the platform business.”. To “aggressively” expand its inventory into other markets and continue to improve its functionality, Anyplace is announcing today that it has raised $5.3 The round brings Anyplace’s total raised to $8 million, and will go also toward boosting its current headcount of 17.
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.
It’s a gap Marco Financial is looking to bridge through its tech-enabled risk assessment platform that can provide better insight on who should receive loans. Miami-based Marco Financial is launching a revenue-based lending service for Latin American SMEs. Shoihet met his co-founder and COO Peter D.
The Miami-based company, which created a platform for e-commerce businesses looking to scale their operations on and off Amazon, was founded in 2020. It previously raised a $25 million seed round in February. Leading the pack is Thrasio , which raised nearly $2 billion in both debt and equity over the past three years.
Notifi , a communication infrastructure platform for web3, said Tuesday it has raised $10 million in an oversubscribed seed funding co-led by previous backers Hashed and Race Capital. Its platform allows web3 developers to integrate multichannel communication into their applications without building the infrastructure themselves.
Champions Round , a fantasy league startup that caters to Gen Z sports fans, announced today that it raised $7 million in new Series A funding. To date, the company has raised $10 million. Users, particularly Gen Z users, are moving away from traditional fantasy sports, where leagues are tied to entire seasons.
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 company had raised over $2 billion by promising incredible hardware that would open up a new artistic medium — the first plausible avatar for the long-held dream of mixed reality. That raises an uncomfortable question: with the starry-eyed vision stripped away, what does Magic Leap have left? Photo by Scott Olson / Getty Images.
Homebound has raised about $73 million over the years from the likes of Google Ventures, Fifth Wall, Khosla, Sound Ventures, Atomic and Thrive Capital. It raised a $35 million Series B last April and then closed on a $20 million convertible note late last year. It’s going to be a huge market for us.”.
To do this, the commercial real estate financing transaction platformraised $30 million to give it a $130 million valuation just two years into its inception. The latest financing comes four months after the company raised $10 million in seed funding led by NFX. On experience and product, no one is close to us.”.
Earlier today, TechCrunch reported that an online rental marketplace, Zumper, just raised $30 million in a Series D1 round of funding led by Kleiner Perkins to help it better serve people looking for short-term rental options. Landing has now raised $237 million in venture funding and $230 million in debt since its launch in 2019.
Belong , a startup that aims to address both these issues while giving renters a way to save toward home ownership, has just raised $50 million in equity and secured $30 million in debt to expand its offerings and markets it serves. Thousands of homeowners and nearly 7,000 renters are on its platform currently.
Novo , the startup building a new kind of banking service from the ground up for small and medium businesses, has closed a significant round of funding to take the next step in growing its platform. The startup to date has raised just over $135 million. Despite being the heart of the U.S.
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. Part of that is really building the data platform that includes sensing and telematics capabilities, and really supports teleoperated launches in the future.”.
Jake Rothstein is the co-founder of Papa , a Miami-based company that offers care and companionship to seniors. It has raised upwards of $91 million in venture capital to date. After a year of beta testing, the duo announced today that they have raised a $2.25 Elder tech company, Papa, raises $60M Led by Tiger Global.
In the latest move to introduce autonomous delivery to college campuses, early last week, food delivery platform Grubhub and sidewalk delivery robot startup Cartken shared plans to bring 50 food delivery robots to Ohio State University this fall. The startup, which last raised $42 million in December, operates in 30 colleges around the U.S.
The company announced today it has raised a $100 million Series A that will be used to expand quickly in the United States and on its Singapore research and development center, which is currently under construction. Next Gen Foods says this is the largest Series A ever raised by a plant-based meat company, based on data from Pitchbook.
The company, which operates solely in Brazil, was launched in 2010 by Miami-based serial entrepreneur Rodrigo Teijeiro, who is co-founder and CEO. . RecargaPay’s Series C was co-led by Miami-based Fuel Ventures and Madrid-based IDC Ventures, with additional participation from LUN Partners, Experian Ventures and ATW Partners.
The Miami-based company launched in December 2020 with a curated list of gifts from robes to cookies to succulents to spa treatments. After raising a $13.1 So far this year, Reachdesk bagged $43 million, while Sendoso brought in $100 million and Alyce raised $30 million. by next year.
Maybe email is even your focus now, because you got burned by Facebook, Google or other closed platforms during the past decade. Letterhead is actually a product spinout of a community publisher in Miami called WhereBy.Us has raised $5 million from across tech and media. And there’s a reason for that.
On May 16, Butler Hospitality , an on-demand platform for room service and amenities, sent an email to vendors that might have been considered reassuring under other circumstances. “We are writing to inform you [that] room service and catering services will continue as is. All collateral is still functional,” the email read.
With restaurants having difficulty hiring workers, as is the environment today, one company is developing a hiring platform and restaurant worker network that aims to make that easier. It follows a $12 million seed round raised in June to bring the company’s total funding to over $30 million since the company was founded a year ago.
Rebag , which buys, sells and trades luxury items like handbags and accessories, raised a $33 million Series E round following a year of technology development and category expansion. Vinted raises $303M for its 2nd-hand clothes marketplace, used by 45M and now valued at $4.5B.
Proctorio is one of the most prominent software platforms that colleges and universities use to watch for cheating on remote tests. The platform also enables professors to track the websites students visit during their exams, and bar them from functions like copy / pasting and printing.
The Electronic Frontier Foundation (EFF) has filed a lawsuit against the remote testing company Proctorio on behalf of Miami University student Erik Johnson. Proctorio is one of the most prominent software platforms that schools use to watch for cheating on remote tests. Photo by Marcus Brandt/picture alliance via Getty Images.
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.
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. The platform also helps users manage paperwork, and the company says it can help identify if someone is eligible for benefits in less than 15 minutes.
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