Startups

Algolia has raised a $150 million Series D funding round at a post-money valuation of $2.25 billion. Compared to the Series C round from October 2019, the company's valuation has more than quadrupled. It means that Algolia is now a unicorn with a valuation above $1 billion. The company is best

Employers typically offer three options for healthcare insurance. When it’s time to switch to Medicare, particularly Medicare Advantage, there are over 3,500 plans available nationwide, and an average of 30 plans someone can choose from in their particular area. Connie Health is leading senio

Contentful this morning announced a $175 million Series F round of capital, led by Tiger Global, valuing the unicorn at around $3 billion. Contentful, formerly known as a UI-free content management system (headless CMS), now views itself in a broader light. More simply, Contentful provides customer

Gupshup, a business messaging platform that began its journey in India 15 years ago, surprised many when it raised $100 million in April this year, roughly 10 years after its last financing round, and attained the coveted unicorn status. Now just three months later, the San Francisco-headquartered

An online marketplace for automobiles has become the latest Indian startup to attain the coveted unicorn status. Gurgaon-headquartered Droom said on Wednesday it is raising up to $200 million in what it described as a pre-IPO growth funding round. The new investment, part of which has been secured,

In Bangladesh, students often rely on after-school learning centers for study help or test preparation, but many of the best ones are concentrated in major cities. Edtech startup Shikho was created to make supplementary education more accessible and affordable. The company announced today it has cl

For fleet managers, managing shipping crew changes across different countries is an elaborate process even in the best of times — and now is definitely not the best of times. Greywing, a Y Combinator-backed platform for automating maritime operations, launched a new solution today that it describ

When Anada Lakra and Ilya Usorov first moved to the United States, they struggled to find their voices. They both knew and understood English, but when it came time to speak up, their accents became a hurdle. Usorov, for example, watched his Russian-born parents struggle to advocate for themselves,

Monte Carlo’s Barr Moses joins the data panel at TC Sessions: SaaS 2021. See you there! As the clock ticks down on technewss’s upcoming SaaS-focused event, we’re excited to announce that Monte Carlo co-founder and CEO Barr Moses will join us. Specifically, the startup exec will b

Toronto-based 1Password is one of those rare companies that is a) profitable and b) transparent enough to share financials. And today, the company announced that it raised $100 million in a Series B round of funding that doubles the company's valuation to $2 billion. You may rec

Early in the pandemic, Nick Gerard, Steven Layne, and Samantha Safer Valentine had a hit on their hands. In the era before Zoom fatigue set in, the trio launched Mainstream Live, a website and newsletter that curated live virtual events across platforms and gave people text-based reminders to check

Wiliot — the IoT startup that has developed a new kind of processor that is ultra thin and light and runs on ambient power but possesses all the power of a “computer” — has picked up a huge round of growth funding on the back of strong interest in its technology, and a strat

iAngels, the private investment platform founded and helmed by Mor Assia and Shelly Hod Moyal, has today announced the close of its first institutional fund. The firm has raised $55.5 million, which was anchored by the European Investment Fund, which put in $25 million. This brings iAngels’ t

In May of last year, Covariant announced that it had raised a $40 million Series B. It was a healthy sum of money for the young company, bringing its total funding up to $67 million. Just a little over a year later, the Berkeley-based AI startup is adding another $80 million to its coffers, riding