SwoonMe uses avatars and audio for its ‘less superficial’ dating app

A new startup called SwoonMe aims to fix the problem with superficial dating apps, where users primarily make decisions based on how someone looks in their photos. Instead of swiping through profiles, SwoonMe’s idea is to use a combination of avatars and audio to encourage users to connect ba

Here's what's happening tomorrow at TC Early Stage 2021: Marketing and Fundraising

Tighten your bootstraps and get ready to wring every last ounce of education and opportunity out of TC Early Stage 2021: Marketing and Fundraising. Our two-day deep dive into the essential skills every early-stage founder needs to build a stronger startup begins tomorrow! Hold the proverbial phone.

Repeat raises $6 million Series A for its service that makes reordering favorite products easier

Subscriptions have become a popular way to pay for digital services, like Netflix or Spotify, but they haven’t yet taken off as a means of reordering your everyday items or other household essentials. Retailers, including Amazon, have tried shifting consumers to a subscription model for these

Cloverly snags $2.1M seed to continue developing API to measure and offset carbon usage

Cloverly, an Atlanta-based, early-stage startup, has developed an API that helps companies measure and then offset their carbon emissions. Today the company announced a $2.1 million seed round. TechSquare Ventures led the round with participation from SoftBank Opportunity Fund and Panoramic Venture

After selling Bread last year for over $500M, this founder just raised millions for his new fintech startup

When Daniel Simon sold Bread, a consumer purchase finance and payments startup he'd co-founded, to Alliance Data Systems for over $500 million late last year, he quickly set his sights on building another startup. During the pandemic, Simon says he observed how much strain was placed on what he

Dataminr's first ever acquisition is UK-based geovisualization platform WatchKeeper

When it comes to detecting events transpiring anywhere in the world, few companies hold a candle to Dataminr. Founded in 2009, the company has raised more than $1 billion over the past 12 years (including $475 million at a $4.1 billion valuation just this past March) to build out a data-gobbling pl

ZeroFox acquires dark web threat intelligence company Vigilante

ZeroFox, a cybersecurity startup that helps companies detect risks found on social media and digital channels, has announced it has acquired dark web threat intelligence company Vigilante.  Vigilante — not to be confused with the controversial crime reporting app — scours the dark web to sourc

Opioid addiction treatment apps found sharing sensitive data with third parties

Several widely used opioid treatment recovery apps are accessing and sharing sensitive user data with third parties, a new investigation has found. As a result of the COVID-19 pandemic and efforts to reduce transmission in the U.S, telehealth services and apps offering opioid addiction treatment ha

India’s IT and Broadcasting ministers resign

India's IT minister Ravi Shankar Prasad and Information and Broadcasting minister Prakash Javadekar resigned from their roles on Wednesday, adding to the list of high-profile local politicians who have vacated their positions ahead of India Prime Minister Narendra Modi reshuffling his cabinet.

Raylo nabs $11.5M to get more mobile users to lease and reuse

UK-based smartphone subscription startup Raylo has tucked $11.5 mlion in Series A funding into its top pocket, led by Octopus Ventures. The equity round follows a debt raise last year — and brings Raylo’s total raised since being founded back in 2019 to $40M (in equity and debt). Its ro

Acrylic raises debut $55M solo GP fund to paint the future of crypto

It's been quite the year for crypto capital, what with Coinbase's blockbuster debut earlier this year in a direct listing and A16Z raising $2.2 billion for its third crypto-focused fund. But as the numbers in this frenetic market continue to skyrocket to dizzying highs, there is an open que

Outbrain raises $200 million ahead of its IPO

Outbrain, an adtech company that provides clickbait ads below news articles, has raised $200 million in funding — Outbrain didn’t disclose the valuation of the company for this deal. The Baupost Group is investing in the company — it's a Boston-based hedge fund. Outbrain filed for an

A year after expanding to Europe, Nigerian fintech Lidya raises $8.3M to scale lending operations

Nigerian fintech and lending startup Lidya today announced that it has completed its $8.3 million pre-Series B funding round. Alitheia Capital led the investment via its uMunthu Fund. Other investors that participated include Bamboo Capital Partners, Accion Venture Lab and Flourish Ventures.

Satellite operator Planet to go public in $2.8B SPAC merger

Planet, which operates a network of around 200 satellites that provides Earth imaging, as well as analytics of the data derived from that observation, is going public in a merger with special purpose acquisition company (SPAC) dMY Technology Group IV. The deal has a post-transaction equity value of