Venture

Tusk Venture Partners, the now six-year-old, New York-based early-stage venture firm co-founded by longtime political strategist Bradley Tusk and former Blackstone director Jordan Nof, has closed its third fund with $140 million in capital commitments. That’s double the $70 million that the o

Unit, a banking-as-a-service startup, has closed on a $100 million Series C round of funding led by Insight Partners. Existing backers Accel, Better Tomorrow Ventures and Flourish Ventures also participated in the financing, which values the company at $1.2 billion. The raise follows a $51 million

While last week was without a doubt the worst week for crypto asset performance in a very long time, it doesn't seem to be stopping eFounders. The software-as-a-service startup studio is announcing that it is launching a new sub-studio called 3founders. As the name suggests, 3founders is focuse

There’s been talk throughout the venture ecosystem of a funding slowdown, but AI-powered fintech platform Tifin seems to be a clear exception. The Boulder, Colorado-based startup, which aims to match investors with investments in the wealth and asset management industries, announced today tha

It used to be that venture capitalists couldn’t sell their stake in a portfolio company before it sold or went public without raising questions about the outfit’s prospects. As startups began staying private longer, VCs and management teams grew more comfortable with selling some of the

Recurring revenue as an asset class is a relatively new concept, and made more popular by startups such as Pipe, which has built a marketplace connecting investors to companies with businesses that have predictable, recurring revenues. While Pipe has gone on to so far raise over $300 million and wa

Tiger Global is having a year. According to a new report from Financial Times, the low-flying-yet-seemingly-ubiquitous 21-year-old outfit has seen losses of about $17 billion during this year's tech stock sell-off. FT notes that’s one of the biggest dollar declines for a hedge fund in his

"http://localhost:81/images/resimler/speakable-summary">Private investment platform Republic’s ~$1 billion venture arm is reportedly in talks to raise $700 million for two new crypto-focused funds, according to Axios. The funds include a $200 million flagship venture fund and a $500 million de

Fintech has a fragmentation problem — as the number of fintech products has grown, so too has the number of integrations each service has with others. Developers now oftentimes have to manage numerous third-party integrations with other platforms, such as payments processor Stripe and banking

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Monday, May 9, is upon us, and today is a day of browser-cache-powered drama in the form of a Wordle word The New York Times decided was too controversial, but sti

As a former venture capitalist, I always tell founders that the most powerful tool they can employ while fundraising is a data-driven pitch. Leading with data is even more valuable during periods of uncertainty and market volatility. With investors looking to de-risk their investment decisions, com

The era of free money is now officially behind us: The United States Federal Reserve raised a key interest rate benchmark by 0.50%, or 50 basis points, this week. Startups have long basked in the sun of effectively zero-cost money. As a result of a historic period of low rates, the comparative attr

Chingona Ventures, a three-year-old, Chicago-based venture outfit that invests in pre-seed startups, primarily in the Midwest and primarily founded by overlooked individuals who are focused on massive markets, has closed a new fund with $52 million in capital commitments. Limited partners in the ne

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Friday, May 6, is here. The only thing important about that is the “Friday” part – and we are eager and curious to see what this weekend has in store for us,