Venture

The Zebra, an Austin-based company that operates an insurance comparison site, has raised $150 million in a Series D round that propels it into unicorn territory. Both the round size and valuation are a substantial bump from the $38.5 million Series C that Austin-based The Zebra raised in February

Cleo Capital, a venture capital firm founded in 2018 by Sarah Kunst, is raising up to $20 million for its second fund, according to a source familiar with the matter. A recent SEC filing shows that Cleo Capital has already raised $6.7 million of that goal, bringing total assets under management to

Digital mortgage lender Better.com has raised a $500 million round from Japanese investment conglomerate SoftBank that values the company at $6 billion. The financing is notable for a few reasons. For one, that new $6 billion valuation is up 50% from the $4 billion it was valued at last November wh

For years now, a growing number of tech companies — large and small — have either relocated their headquarters to Austin or opened another office or campus in the Texas capital. They’ve been drawn to the city for a number of factors, including its laid-back lifestyle, no state tax

The once quiet world of seed investing became frenetic a few years ago as dedicated seed funds and angel networks increased in scale and velocity. That environment has now crescendoed into the present world of the seed capital hurricane: funds galore, solo capitalists splurging streams of rolling-c

Shilling, an early-stage VC in Portugal, has now launched a new €30 million ($35.6 million) early-stage fund called Shilling Founders Fund, which is backed by just over 35 successful tech founders, as well as large European VC Atomico. The fund will run on a profit-sharing model, sharing fund ret

Building and maintaining a successful startup requires founders to see the entire playing field. Without that clear view, founders risk missteps when it comes to hiring, raising funds, launching a product or making an acquisition. Essentially, any big decision can end in disaster if a founder loses

Tiger Global closes a $6.65 billion fund, Facebook gives users more tools to encourage COVID vaccination and iPhone app spending continues to grow. This is your Daily Crunch for April 1, 2021. The big story: Tiger Global raises one of the biggest venture funds ever Investment giant

Cendana Capital, a San Francisco-based fund of funds manager, has amassed stakes in more than 100 venture firms since launching in 2010. For the most part, it did this by focusing on managers who are raising funds of $100 million or less in capital, even foregoing stakes in beloved outfits like For

Longtime venture capitalist Hans Tung is a big guy. His size might just be lifesaving. A first-generation Taiwanese-American who came to the U.S. and to LA specifically in 1984, it was a fraught time for the then 14-year-old. Two years earlier, a 27-year-old, Chinese-American draftsman named Vincen

Fast-growing fintech Pipe has raised another round of funding at a $2 billion valuation, just weeks after raising $50 million in growth funding, according to sources familiar with the deal. Although the round is still ongoing, Pipe has reportedly raised $150 million in a “massively oversubscribed

Capitolis, which makes technology for capital markets players such as investment and merchant banks, has closed on a $90 million Series C funding round led by Andreessen Horowitz (a16z). The financing included participation from existing backers Index Ventures, Sequoia Capital, S Capital, Spark Cap

Michael Cohn became a celebrity in the Atlanta startup ecosystem when the company he co-founded was sold to Accenture in a deal valued somewhere between $350 million and $400 million nearly six years ago. That same year, Sean O’Brien also made waves in the community when he helped shepherd th

During every economic boom, there are startup investors who appear on the scene from new corners. Some churn out; others earn the respect of the old guard over time. Jake Paul would be happy to be in the latter camp. Then again, the 24-year-old didn’t become a social media star by being conve