Mindbody acquires ClassPass in all-stock deal and secures $500 million investment

ClassPass, the subscription-based fitness marketplace most recently valued at $1 billion, is today announcing that it has been acquired by Mindbody. Mindbody is a bit like the OpenTable of the fitness world. Its booking software is used by studios, gyms and other experience-based service providers

HR platform Hibob raises $150M at a $1.65B valuation

"speakable-summary" dir="ltr">On the heels of Personio raising a big round yesterday, one of its competitors and another big startup in the area of HR has also picked up some funding. Hibob, a London-based company that targets the mid-market with an all-in-one platform that handles various human res

Weights & Biases raises $135M Series C to keep building MLOps software

Update: The round in question was $135 million, not $100 million as originally noted. I apologize for the mistake! What do you call AI these days? ML in a suit. ML, or machine learning, is a big market today. That is thanks to modern corporations accreting data like hoarders and dat

Browser-based hardware design tool Flux raises $12M

Things were trending toward remote collaboration well before the world ground to a screeching halt under the heels of a pandemic, but the past year and a half have undoubtedly been a major catalyst for rethinking the way people work. It's a phenomenon Flux has been thinking about for a while no

Canadian startup Rose Rocket raises Series A to scale its transport software business

Freight transportation-focused Rose Rocket recently raised a $25 million round. The Toronto-based startup calls the round a Series A, with Addition Capital and Shine Capital leading the deal. Per venture data aggregated by Carta, average logistics-themed Series A rounds since the st

Karat raises $110M on a $1.1B valuation to grow its technical interviewing-as-a-service platform

In the global race for technical talent, companies are on the hunt for ways to speed up and scale the hiring process to snap up the best candidates before their competitors get to them. Today, a company that has built a solution to help with one aspect of that — the interviewing process ̵

General Catalyst, Tiger Global lead $25M investment into Blank Street's micro specialty coffee shops

Vinay Menda and Issam Freiha are two coffee-obsessed friends who came to New York from Dubai and Lebanon to study at NYU and Columbia, respectively, and started researching the New York coffee scene. In the U.S, they saw a coffee shop on every corner, but found the experience slow and overpriced: t

From $0 in revenue to a $7.25B valuation: Why TripActions’ $275M raise has fintech to thank

Prior to the COVID-19 pandemic, TripActions was primarily known for merging many aspects of corporate trip booking — flights, hotels and rental cars — with expense tracking. But Palo Alto-based TripActions was among the startups that was hit very hard by the COVID-19 pandemic. In fact, the glo

Nothing raises another $50M

In the wake of the July 31 launch of its first product, the Ear (1), Nothing today announced a “Series A Extension” of $50 million, bringing its total funding to  $74 million to date. The round follows the February announcement of a $15 million Series A. Shortly after that, Nothing announced a

Eden Life raises $1.4M seed to provide home services to busy Africans

Living in Lagos, the commercial city of Nigeria, is not for the faint of heart. The city, occupied by around 14 million people, is the largest in sub-Saharan Africa.  And due to traffic congestion and long working hours, most busy professionals find it hard to cope with mundane tasks ranging from

Funnel, a no-code tool for marketers to organize disparate data sources, raises $66M in ‘pre-IPO’ round

The world of marketing has become a world of marketing tech. But marketers are not necessarily engineers, so working with the terabytes of data their campaigns produce can be a challenge. Today, a Stockholm startup called Funnel, which has built a no-code platform to help manage that process, is an

Jow raises $20 million for its meal and grocery planning service

French startup Jow has raised a $20 million funding round led by Eurazeo. Jow wants to make it easier to cook at home by taking care of menu ideas and helping you manage your online orders of groceries. The company has partnered with national food retailers so that your oder is seamlessly processed

India’s CarDekho becomes unicorn with $250 million fundraise

CarDekho, an Indian search and e-commerce platform for new and used cars, has become the latest startup in the world's second-largest market to reach the unicorn status. The 14-year-old startup said on Wednesday it has raised $250 million — $200 million in equity and $50 million in debt &

Russian tech giant Yandex expands Israeli footprint with acquisition of Wind’s Tel Aviv operations

Russian tech giant Yandex is expanding its mobility footprint in Israel with the acquisition of shared e-scooter company Wind’s Israeli operations. The two are not sharing the terms of the deal, but Israeli financial newspaper Globes reported that it is estimated to have cost $40 million to $