Bilt Rewards banks $60M growth on a $350M valuation to advance credit card benefits for renters

Bilt Rewards, a loyalty program for property renters to earn points on rent with no fees and build a path toward homeownership, announced Tuesday a round of $60 million in growth funding that values the company at $350 million. The investment comes from Wells Fargo and Mastercard and a group of the

Alan acquires Jour and launches mental health service Alan Mind

French startup Alan is better known for its health insurance products — they now insure 200,000 people. But it has been slowly building a super app for your health and expanding with new services. Today, the company announced its first acquisition ever with the acquisition of Jour for $20 million

Post-pandemic shifts means Patch will take co-working to UK small towns and suburbs

It would be fair to say the pandemic has had enormous effects on the world of work, but it has come at a time when other factors were already ongoing. The decline of main-street shopping due to e-commerce has only been hastened. The shift to remote working has skyrocketed. And people no longer want

UK’s MarketFinance scores $383M to fuel its online loans platform for SMBs

Small and medium businesses regularly face cashflow problems. But if that’s an already inconvenient predicament, it has been exacerbated to the breaking point for too many during the COVID-19 pandemic. Now, a U.K. startup called MarketFinance — which has built a loans platform to help S

Cartona gets $4.5M pre-Series A to connect retailers with suppliers in Egypt

Today, Cartona is announcing that it has raised a $4.5 million pre-Series A funding round to connect retailers and manufacturers via an application. It’s looking to take a large piece in the budding e-commerce and retail play, where multiple startups in Egypt are pulling their weight includin

Sorare raises $680 million for its fantasy sports NFT game

"attachment_2205292" aria-describedby="" style="width: 1024px">Photo: Sorare French startup Sorare has announced that it has raised a significant funding round. SoftBank’s Vision Fund 2 has led a $680 million Series B round, which values the company at $4.3 billion. Sorare has built a fantasty

Australian growth marketing agency Ammo helps startups calibrate their efforts

When you are the founder of a young startup, it is always very hard to gauge the right amount of effort to dedicate to marketing. Botch it and you risk looking unprofessional. Hire a traditional agency and you might be wasting time and money. Australian growth marketing agency Ammo, in contrast, wa

Near Space Labs closes $13M Series A to send more Earth-imaging robots to the stratosphere

The decreasing cost of launch and a slew of other tech innovations have brought about a renaissance in geospatial intelligence, with multiple startups aiming to capture higher-quality and more frequent images of Earth than have ever before been available. Most of these startups, however, are focuse

Freshworks’ valuation could crest $10B in upcoming IPO

Earlier today, technewss examined the new IPO price range for Toast. The U.S. software-and-fintech company moved its valuation materially higher in anticipation of pricing tomorrow after the bell and trading on Wednesday. It was not alone in doing so. Freshworks is also targeting a higher IPO pric

Salesforce backs Indian payments startup Razorpay

Six-year-old Bangalore-based fintech Razorpay, which was valued at $3 billion in a financing round in April this year, has courted one more high-profile investor: Salesforce Ventures. Razorpay said on Monday it has received a “strategic investment” from the venture arm of the American e

F5 acquires cloud security startup Threat Stack for $68 million

Applications networking company F5 has announced it's acquiring Threat Stack, a Boston-based cloud security and compliance startup, for $68 million. The deal, which comes months after F5 bought multi-cloud management startup Volterra for $500 million, sees the 25-year-old company looking to bol

Facetune maker Lightricks raises $130 million ahead of M&A plans

Facetune developer Lightricks, which operates more than a dozen subscription-based photo- and video-editing apps across iOS and Android, now has $130 million in new funding to further grow its business. The company’s newly announced Series D round includes $100 million in primary and $30 mill

Xata is a database service for serverless apps

Meet Xata, a startup with a new take on managed databases. The company runs your database for you and turns it into an API so that you can query and update it from your serverless app. Xata has raised a $5 million funding round. Its product is not yet ready for prime time but the company is sharing

Pakistan edtech startup Maqsad gets $2.1M pre-seed to make education more accessible

Taha Ahmed and Rooshan Aziz left their jobs in strategy consulting and investment banking in London earlier this year in order to found a mobile-only education platform startup, Maqsad, in Pakistan, with a goal “to make education more accessible to 100 million Pakistani students.” Havin