Startups

What do you call the grey area between a Series A and a Series B? In 2020, when the money is taken on opportunistically, you call it a Series A-1 extension, according to Teampay. Even if the new capital was raised at a new, higher valuation. At least that’s what Teampay CEO Andrew Hoag has do

Reliance Jio Platforms, the telecom venture run by India’s richest man (Mukesh Ambani), had 405.6 million subscribers in the quarter that ended in September, becoming the first operator outside of China to cross 400 million subscribers in a single-country market. The Facebook and Google-backe

Global fitness giant Under Armour announced this morning that it will be selling MyFitnessPal to investment firm Francisco Partners for $345 million, five and a half years after acquiring it for $475 million. The company also announced that it will be winding down the Endomondo platform which it al

What does a hologram-obsessed entrepreneur do for a second act after setting up a virtual Ronald Reagan in the Reagan Memorial Library, or beaming Jimmy Kimmel all the way from Hollywood to the Country Music Awards in Nashville? If that entrepreneur is David Nussbaum, the founder of PORTL Hologram,

In 2019, only one Black woman was named partner in venture capital, according to All Raise, a nonprofit focused on accelerating female founders and investors. The data has shown, shows, and will continue to show how the tech industry fails to invest in underrepresented women of color. Thus, hiring

Workplace SaaS tools for teams have seen rocket ship growth in the past several years, and that adoption has given rise to a host of software tools geared toward improving individual productivity. Many of the startups behind these tools see building a cult following among individual users as the be

Despite e-commerce firms Amazon and Walmart and others pouring billions of dollars into India, offline retail still commands more than 95% of all sales in the world's second largest internet market. The giants have acknowledged the strong hold neighborhood stores (mom and pop shops) have in the

If you miss hanging out with your co-workers but don't want to spend a single second more on Zoom, the latest product from Donut might be the answer. The startup is launching its new Watercooler product today while also announcing that it has raised $12 million in total funding, led by Accel an

The Wanderlust Group, a Rhode Island-based startup focused on building software for the boating world, announced that it has closed a $14.2 million Series B round of capital this week. The new funds were provided by Allen & Company and the Alaris family office. (Post updated to amend investor l

YC-backed Goodcover, the insurtech startup that looks to pass unused premiums back to the policyholder, is today announcing the close of a $7.5 million Series A funding round. The funding was led by Goodwater Capital, with participation from Fuel Capital, Broadhaven Ventures, Global Founders Capita

Disruption favors the small startup, and the pandemic has most certainly been disruptive. So it’s no surprise that accelerators and incubators are pumping out new startups that are ready to tackle the problems of 2020. One such accelerator is the Entrepreneurs Roundtable Accelerator, which is

Nutrium, a digital health startup which links dietitians and their patients via an app, has raised a €4.25 million seed round led by Indico Capital Partners, alongside the Social Innovation Fund in Portugal (SIF) and previous investors. It now offers professional nutrition software to 80,000 nutr

Hermeus, a company seeking to build a Mach 5 aircraft that would be capable of making the trip from New York to London in just 90 minutes has raised a $16 million Series A round, led by Canaan Partners and including contributions from existing investors Khosla Ventures, Bling Capital and the Rise o

Fintech startup Wise has raised a $12 million Series A round. The company offers business bank accounts with an interesting go-to-market strategy. Wise partners with other companies so that they can offer bank accounts to their own customers. For instance, if you're running a marketplace or an