Here’s how far VCs have lowered revenue expectations for seed through Series B
New data from Kruze Consulting shows just how much the venture capital fundraising market has changed for startups in the last few quarters.
Kruze, which provides accounting, tax and venture capital-related services to private tech companies, has access to hard data regarding startup performance. H
Quan raises $1.15M from YC to tackle post-pandemic employee burnout
With post-pandemic burnout on the rise, the shift to remote working, and the “Great Resignation” now passing into the lexicon, companies are struggling to hold onto talent.
Culture platforms like Culture Amp and Glint were built for a different era, offering insights and reports to HR,
Europe clears Facebook-Kustomer with API access commitments
The EU has cleared Meta/Facebook’s acquisition of CRM maker, Kustomer — accepting a set of commitments from the tech giant to allay competition concerns linked to the fact it also owns a suite of popular messaging apps frequently used by small businesses for customer outreach (aka Faceb
bloss, which connects expectant parents with experts, raises £1M pre-seed led by Antler
bloss is a U.K. startup that connects would-be or existing parents to pre-vetted parenting experts. It has now raised £1million in a pre-seed round led by Antler, the early-stage VC, and is also backed by angels including Silicon Valley entrepreneur Narry Singh, footballer Andriy Shevchenko and Br
Parthean cares about personal finance so you don’t have to
The son of Iranian immigrants, Arman Hezarkhani spent his senior year of high school brainstorming a three-part thesis on what he wanted to dedicate his career to. First, he said that education is the most high-leverage way to make an impact on an individual, community and world
The.com launches a low-code, collaborative website builder that uses customizable 'blocks,' not templates
A startup with the easy-to-remember name of The.com aims to modernize website building while also ensuring that web creators get credit for their work. The company, which is today emerging from stealth with $4.4 million in seed funding in tow, has created what it calls a “low-code, website bu
As Finmark finds its footing, it moves up market and takes on additional investment
When Finmark founder Rami Essaid built a previous startup, he saw firsthand how hard it is to build accurate financial models. When he sold that startup, Distil Networks, to Imperva 2019, he decided to build a new company that could help.
Finmark, which launched in July 2020, helps companies build
After QuizUp and Trivia Royale, Thor Fridriksson’s next act is a mobile MMO
QuizUp founder Thor Fridriksson is at it again. The Icelandic serial entrepreneur is two-for-two in creating viral mobile games, but has thus far struck out in turning those into viable businesses.
Today, he’s (kind of) coming out of stealth to announce his third attempt: Rocky Road.
Propy launches NFT platform in the US, allowing real-world property to be bought as an NFT
Last year we covered how early blockchain startup Propy planned to use the technology to smooth real-world real estate sales by introducing the concept of smart contracts. It went on to actually sell an apartment as an NFT, using the NFT to effectively rubber stamp the legal process. However, that
Esusu becomes unicorn with SoftBank Vision Fund 2-led $130M funding
More than 100 million Americans spend an average of $1,100 (over $1.4 trillion per year) on their largest monthly household spend: rent. But reports say 90% of these people don't get credit for paying their rent on time.
On a sub-level, over 45 million people in the U.S. don't have credit
Ascend's BNPL approach to insurance lifted by $280M in new equity, debt
Four months after a seed round, Ascend is back with its first big boost to enable the company to expand its “buy now, pay later” commercial insurance tool that combines financing, collections and payables.
Today, the company announced $30 million in Series A funding along with $250 million in l
Crypto infrastructure company Fireblocks nearly quadruples valuation to $8B in six months
Crypto custody platform Fireblocks is quite possibly “the most successful and least-known company in the blockchain space,” as described by its co-founder and CEO Michael Shaulov in an interview with technewss.
The company announced today that it is now the highest-valued digital asset infrast
TLcom Capital targets $150M for its second fund to invest in 20 African startups
TLcom Capital, the Africa-focused venture capital firm known to have made bets on Andela and Twiga, is raising $150 million for its second fund targeted at making early- and late-stage investments.
The firm has reached the first close of $70 million, according to a statement shared with technewss.
Stonly, a customer onboarding platform, raises $22M series A led by Northzone and Accel
In the age of COVID — or rather, the age of massive digitization of services, post-COVID — online customers want to onboard themselves to products and platforms. After all, isn't it faster? And isn't it cheaper for the platforms themselves? Playing in this space are companies li