How 2 startups scaled to $50M ARR and beyond
Today, we're discussing OwnBackup and Assembly, two middle-late startups that are entering unicorn territory. The current list of venture-backed private companies we expect to go public — and the number of companies that might say yes to.....»»
Sherpa guide scales Mount Everest for record 25th time
A Sherpa guide scaled Mount Everest for the 25th time on Friday, breaking his own record for the most ascents of the world's highest peak......»»
5 investors discuss the future of RPA after UIPath’s IPO
We spoke to five investors to find out more about RPA. The general consensus? We're just getting started. Robotic process automation (RPA) has certainly been getting a lot of attention in the last year, with startups, acquisitions and IPOs.....»»
How much product room will fintech giants leave for startups?
This morning, we'll examine the buy now, pay later (BNPL) market, mostly through the lens of PayPal's first-quarter results. I was going to wait until after Square reported its Q1 results today to dig into the world of fintech earnings and.....»»
ifeel, another well-being platform that blends self-care tools with 1-2-1 therapy, scores $6.6M
If the pandemic has been good for anything it’s been good for the therapy business and for startups targeting mental health, with VCs kept very busy signing checks. To wit, here’s another one: Madrid-based ifeel has bagged €5.5 million.....»»
Shift Technology raises $220M at a $1B+ valuation to fight insurance fraud with AI
While insurance providers continue to get disrupted by startups like Lemonade, Alan, Clearcover, Pie and many others applying tech to rethink how to build a business around helping people and companies mitigate against risks with some financial secur.....»»
Founded by former Carousell and Fave execs, Rainforest gets $36M to consolidate Asia-Pacific Amazon Marketplace brands
Singapore-based Rainforest is one of the newest entrants in the wave of startups that “roll-up” small e-commerce brands. Launched in January by alumni from some of Southeast Asia’s top startups, including Carousell, OVO and Fave, Rainforest acq.....»»
Una Brands launches with $40M to roll up brands on multiple Asia-Pacific e-commerce platforms
One of the biggest funding trends of the past year is companies that consolidate small e-commerce brands. Many of the most notable startups in the space, like Thrasio, Berlin Brands Group and Branded Group, focus on consolidating Amazon Marketplace s.....»»
Applications for the TC Early Stage Pitch-Off in July are open
Early-stage startups — now is your time to shine at the TechCrunch Early Stage event on July 8 and 9. This is part two of the highly successful event from April where top experts train and teach founders how to build, launch and scale their co.....»»
Beyond the fanfare and SEC warnings, SPACs are here to stay
Can SPACs still solve the funding problem for capital-intensive, deep tech startups? And will they become a permanent financing option? Matt Johnson Contributor Share on Twitter.....»»
Emergence, known for its enterprise bets, just rounded up nearly $1 billion across two new funds
Emergence, the 18-year-old, San Mateo, Ca.-based venture firm focused on enterprise tech startups, has rounded up nearly a billion dollars in capital commitments across two funds. It closed its sixth early-stage fund with $575 million; the outfit als.....»»
Egypt’s Flextock closes $3.25M in the largest pre-seed yet in MENA
Flextock, one of the 10 African startups from the recent Y Combinator winter batch, has bagged an impressive pre-seed round just two months after graduation. The five-month-old company, which helps consumers and businesses manage e-commerce and ful.....»»
Multicoin Capital debuts new $100M fund to bet on crypto startups and tokens
Crypto startups couldn’t be hotter as currencies push past all-time-highs and investor appetite reaches mania for new projects. Crypto investment firms that have been investing in blockchain startups for years are not only beginning to see majo.....»»
London’s Stride VC raised second $138.6M seed fund, hunts for third partner
Stride VC, a London-based seed investment fund, has raised its second fund, which will be £100M ($138.6M) – identical to its first fund. The fund will invest primarily in London startups but also look at select European opportunities. The brea.....»»
Berlin’s Razor Group raises $400M to buy and scale Amazon Marketplace merchants
The market remains very hot for startups building e-commerce empires by consolidating independent third-party merchants that have gained traction on Amazon’s Marketplace, and in the latest development, Razor Group — a Berlin-based startup.....»»
Ford, BMW lead Solid Power’s $130M Series B round
Solid state battery systems have long been considered the next breakthrough in battery technology, with multiple startups vying to be the first to commercialization. Automakers have been some of the top investors in the technology, each of them seeki.....»»
Will fintech unicorn Flywire’s proposed IPO reach escape velocity?
What we're looking at here is a fintech unicorn IPO. A great way to kick off the week, to be honest, though I'd thought that Robinhood would be the next such debut. It’s a big morning for fintech startups today: Flywire, a Boston-base.....»»
As companies prioritize diversity, startups are trying to productize diverse hiring
When the iconic American power tools company Stanley Black & Decker began looking for ways to improve the pipeline of diverse candidates that the company was reviewing for potential roles, it turned to an Israeli-based startup called Talenya for help.....»»
How did Atlanta become a top breeding ground for billion-dollar startups in the Southeast?
Over the past five years, the Southeastern region, led by Atlanta, has gone from being “one of the best kept secrets” in tech, to a vibrant ecosystem teeming with a herd of the billion dollar tech businesses that are referred to in the in.....»»
Big Tech is now worth so much we’ve forgotten to be shocked by the numbers
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. If you want it in your inbox every Saturday mornin.....»»
The most disastrous sales cycle in the world
Startups constantly talk about being mission-oriented, but it’s hard to take most of those messages seriously when the mission is optimizing cash flow for tax efficiency. However, a new generation of startups is emerging that are taking on some of.....»»