Salesforce’s Kathy Baxter is coming to TC Sessions: SaaS to talk AI
As the use of AI has grown and developed over the last several years, companies like Salesforce have tried to tap into it to improve their software and help customers operate faster and more efficiently. Kathy Baxter, principal architect for the ethical AI practice at Salesforce, will be joining us
Jumia’s Q2 results show moderate growth, rising spend and continued losses
African e-commerce giant Jumia today reported its second-quarter financial performance. In the wake of its earnings reports, Jumia’s shares climbed 3.38% to $21.99 per share with a market cap of $2.168 billion.
Before we get into the company’s results, Jumia has historically reported it
OwnBackup reels in $240M Series E on $3.35B valuation, up from $1.4B in January
OwnBackup, the late-stage startup that helps companies in the Salesforce ecosystem back up their data, announced a $240 million Series E today at a $3.35 billion valuation. The latter is up from $1.4 billion in January when the company announced a $167.5 million Series D.
Alkeon Capital and B Capit
Scotts Miracle-Gro announces cannabis investment entity, and a $150M investment in RIV Capital
Scotts Miracle-Gro knows how to make plants grow, and now the company is looking to cannabis companies to grow its balance sheet. The company today announced an investment entity specifically for cannabis.
Called The Hawthorne Collective, the entity is said to be pursuing minority investments in co
Upscribe, raising $4M, wants to drive subscription-first DTC brand growth
Upscribe founder and CEO Dileepan Siva watched the retail industry make a massive shift to subscription e-commerce for physical products over the past decade, and decided to get in it himself in 2019.
The Los Angeles-based company, developing subscription software for direct-to-consumer e-commerce
Google to introduce increased protections for minors on its platform, including Search, YouTube and more
Weeks after Instagram rolled out increased protections for minors using its app, Google is now doing the same for its suite of services, including Google search, YouTube, YouTube Kids, Google Assistant and others. The company this morning announced a series of product and policy changes that will a
Elektra Health funnels new $3.75M round into helping women navigate menopause
Every woman will go through menopause some time during her life, but like many other femtech topics, this one is still not talked about as much as it should be.
Enter Elektra Health, a women's health technology company startup that raised $3.75 million in seed funding to continue developing its
WoodSpoon's food delivery service cooks up support for home chefs with $14M round
Home-cooked food delivery service WoodSpoon is planning an expansion after raising $14 million in Series A funding.
Restaurant Brands International led the round along with World Trade Ventures and a group of individual investors, including Victor Lazarte.
New York-based WoodSpoon w
Cannabis giant Leafly is going public through a SPAC merger
Leafly is turning to a SPAC with Merida Merger Corp. I to go public. The deal, valued at about $532 million and expected to generate proceeds of up to $161.5 million, includes Leafly's recent capital raise of $31.5 million from investors, including Merida Capital Holdings.
The company is expect
Wix launches a no-code app builder for $200 per month
This morning, Wix announced a new product for business owners called Branded App by Wix, which allows users to develop native apps without writing code. The publicly traded company provides tools for people and businesses to manage their online presence, but it’s most well-known for its drag-
After raising $10M, Breeze breathes fresh air into a stagnant disability insurance market
Working in the world of disability insurance for a decade, Colin Nabity felt not everyone could access this type of insurance due to its nature of it being difficult to understand and underwrite.
Disability and critical illness insurance is typically income protection should someone be too sick or
FireHydrant announces $23M Series B to grow disaster management platform
No matter how carefully you set up your systems, sooner or later something fundamental breaks. How you react during those times and how quickly you respond to the crisis is what people remember after it’s over. FireHydrant, a startup that helps companies prepare for and manage such crises, an
Twitter now in compliance with India’s new IT rules, government says
Twitter is now complying with India's new IT rules, New Delhi told a court Tuesday, in a move that is expected to ease months-long tension between the American social media network and the government of the key overseas market.
A lawyer representing the Indian government told the Delhi High Co
Omnibiz gets $3M to digitize Nigeria’s informal B2B supply chain
Despite the prevalence of shopping malls and the emergence of VC-backed e-commerce companies like Jumia, informal retail in Africa is still king.
A 2016 study by PwC states that 90% of sales in Africa’s major economies come through informal channels — markets and kiosks.