
TechCrunch Startup News
3,874 episodes — Page 56 of 78

Serenade snags $2.1M seed round to turn speech into code
Several years ago Serenade co-founder Matt Wiethoff was a developer at Quora when he was diagnosed with a severe repetitive stress injury to his hand and couldn’t code. He and co-founder Tommy MacWilliam decided to use AI to create a tool that let him speak the code instead and Serenade was born. Today, the company […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Onit acquires legal startup McCarthyFinch to inject AI into legal workflows
Onit, a workflow software company based in Houston with a legal component, announced this week that it has acquired 2018 TechCrunch Disrupt Battlefield alum McCarthyFinch. Onit intends to use the startup’s AI skills to beef up its legal workflow software offerings. The companies did not share the purchase price. After evaluating a number of companies […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Wish files to go public with 100M monthly actives, $1.75B in 2020 revenue thus far
This morning Wish, a well-known mobile ecommerce startup, filed to go public. It joins Affirm, Airbnb, and Roblox in filing this week as many well-known and valuable private companies look to debut before the year ends and the holidays start. Wish’s S-1 (which is filed under its corporate name ContextLogic) is of particular interest given […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

FireEye acquires Respond Software for $186M, announces $400M investment
The security sector is ever frothy and acquisitive. Just last week Palo Alto Networks grabbed Expanse for $800 million. Today it was FireEye’s turn snagging Respond Software, a company that helps customers investigate and understand security incidents, while reducing the need for highly trained and scarce security analysts. The deal has closed, according to the […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Lime touts a 2020 turnaround and 2021 profitability
Micromobility company Lime says it has moved beyond the financial hardship caused by the COVID-19 pandemic, reaching a milestone that seemed unthinkable earlier this year. In short, the company is now largely profitable. Lime said it was both operating cash flow positive and free cash flow positive in the third quarter — a first — […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

ZenBusiness snags $55M Series B for its incorporation and growth platform for micro businesses
Starting a small company used to be simple. Get some space on Main Street, put out a shingle, and begin plying your trade. Then the regulatory state came, and so did the internet. Now, entrepreneurs have to apply for licenses — sometimes multiple licenses in multiple states — and also handle all the intricacies of […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Bella is a new challenger bank with a text-based interface
Meet Bella, a new challenger bank launching on November 30th. The company is trying to differentiate itself with two distinctive features. First, you can interact with the app using keywords and text commands. Second, Bella is trying to build a community that helps each other to differentiate its product from soulless monolithic banking services. Let’s […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Why are telehealth companies treating healthcare like the gig economy?
If we are to realize telehealth’s full potential, we must first reckon with the fact that there are serious flaws in the predominant way it is delivered today — flaws that endanger patients themselves. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Airbnb files to go public
Airbnb filed to go public today, bringing the well-known unicorn one step closer to being a public company. The financial results show a company on the rebound, but smaller than it was. Its more granular financial results also make clear how hard the pandemic was on the travel-reliant unicorn. Regarding Airbnb’s worth, investors will have […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cooper raises $2M to build a professional network centered on introductions
In a period of social distancing, making new professional connections feels harder than ever. So Amsterdam-based Cooper is building a network that’s all about making and receiving introductions. “Everything that happens in the network is based on on the foundation of introductions,” CEO Robert Gaal told me. “You should never get an unwanted message, and […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Deep Vision announces its low-latency AI processor for the edge
Deep Vision, a new AI startup that is building an AI inferencing chip for edge computing solutions, is coming out of stealth today. The six-year-old company’s new ARA-1 processors promise to strike the right balance between low latency, energy efficiency and compute power for use in anything from sensors to cameras and full-fledged edge servers. […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

DoorDash files to go public
After filing earlier this year, DoorDash dropped its public S-1 filing this morning, bringing clarity to its numbers and moving it closer to a public debut that should happen before the end of the year. The company is one of several startups that we expect to see IPOs from before the year ends, despite some […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Getaround tops up $25M debt financing to its $140M Series E
Silicon Valley peer-to-peer car rental startup Getaround has secured a $25 million loan from Horizon Technology Finance Corporation. The financing announcement comes one month after Getaround raised $140 million from investors, including SoftBank Vision Fund, Menlo Ventures, Reid Hoffman and Mark Pincus’ Reinvent Capital. Getaround’s raise signals that the company is looking for new ways […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

JumpCloud raises $75M Series E as cloud directory service thrives during pandemic
JumpCloud, the cloud directory service that debuted at TechCrunch Disrupt Battlefield in 2013, announced a $75 million Series E today. The round was led by BlackRock with participation from existing investor General Atlantic. The company wasn’t willing to discuss the current valuation, but has now raised over $166 million, according to Crunchbase data. Changes in […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Bootstrapped Clearfind wants to cut your software spend, for a small fee
Software is eating the world, and that grub can be costly. As the market for enterprise tools and software continues to balloon, organizations are spending more and more on that software across an increasingly complicated and rapidly evolving landscape. That’s where Clearfind comes in. Clearfind was founded (and bootstrapped) by James Layfield and Jocelyn Simon. […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Mozart Data lands $4M seed to provide out-of-the-box data stack
Mozart Data founders Peter Fishman and Dan Silberman have been friends for over 20 years, working at various startups, and even launching a hot sauce company together along the way. As technologists, they saw companies building a data stack over and over. They decided to provide one for them and Mozart Data was born. The […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Molotov launches free ad-supported streaming service Mango
French startup Molotov provides a TV streaming service in France that replaces the traditional set-top box. You can access live TV, subscribe to premium channels, watch content after they air and record content in the cloud. Today, the company is launching a different service, its own ad-supported on-demand streaming service — or AVOD service for […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

With $29M in funding, Isovalent launches its cloud-native networking and security platform
Isovalent, a startup that aims to bring networking into the cloud-native era, today announced that it has raised a $29 million Series A round led by Andreesen Horowitz and Google. In addition, the company today officially launched its Cilium platform (which was in stealth until now) to help enterprises connect, observe and secure their applications. […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

E-scooter startup Tier raises $250 million round led by SoftBank Vision Fund 2
Berlin-based micro-mobility startup Tier has raised a significant Series C round of $250 million. SoftBank Vision Fund 2 is leading the round, which proves that the Vision Fund team is still focused on high-risk, high-potential bets. As a reminder, SoftBank has invested in many late-stage funding rounds through its Vision Fund team. Portfolio companies include […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Indian logistics startup Xpressbees raises $110 million
Xpressbees, an Indian logistics firm that works with several e-commerce firms in the country, said on Monday it has raised $110 million in a new financing round as online shopping booms in the world’s second largest internet market. The Pune-headquartered startup’s Series E financing round was led by private equity firms Investcorp, Norwest Venture Partners […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Positive vaccine news punishes pandemic-boosted companies like Zoom, Peloton, Etsy
Stock markets worldwide are soaring on news that a vaccine candidate is 90% effective at preventing COVID-19, and could start coming to market in a matter of months. This is upending the stock market, sending futures shares shooting higher in pre-market trading. But while the euphoria is helping sectors that have taken punishment during COVID-19, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

French startups can apply to the Next40 and French Tech 120
Last year, the French government and the government-backed initiative La French Tech unveiled an index of French startups so that it would be easier to identify them. The 40 top-performing startups get the label Next40, and the top 120 startups are grouped into the French Tech 120 — it’s a play on words with the […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Challenger bank Starling is out raising a new £200M funding round
Starling founder Anne Boden recently told TechCrunch that the U.K. challenger bank is on track to be profitable by Christmas, but this doesn’t mean it isn’t out raising additional capital already. According to well-placed sources, Starling has hired Rothschild with the aim of raising a new £200 million round. The draw is its expected profitability, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Rocket Lab will try to recover the booster of its Electron rocket for the first time on its next launch
Rocket Lab is set to complete a crucial test for its rocket reusability program during its next mission, which is currently set to take place sometime in mid-November, with a launch widow that opens on November 16. This is a bit of a surprise, because the launch company said that it would be doing this […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Singapore-based digital business assistant Osome raises $3 million
Osome, a Singapore-headquartered business assistant app that digitizes accounting and compliance tasks, has raised $3 million. An extension of Osome’s seed round, the new funding was led by XA Network and AltaIR Capital. The startup currently has about 4,500 SME clients across Singapore, Hong Kong and the United Kingdom, founder and chief executive officer Victor […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Email creation startup Stensul raises $16M
Stensul, a startup aiming to streamline the process of building marketing emails, has raised $16 million in Series B funding. When the company raised its $7 million Series A two years ago, founder and CEO Noah Dinkin told me about how it spun out of his previous startup, FanBridge. And while there are many products focused […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Leena AI nabs $8M Series as it expands from chatbots to HR service platform
When we covered Leena AI as a member of the Y Combinator Summer 2018 cohort, the young startup was firmly focused on building HR chatbots, but in the intervening years it has expanded the vision to a broader HR policy platform. Today, the company announced an $8 million Series A led by Greycroft with help […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Indonesian logistics platform Logisly raises $6 million Series A to digitize truck shipments
Indonesia’s logistics industry is very fragmented, with several large providers operating alongside thousands of smaller companies. This means shippers often have to work with a variety of carriers, driving up costs and making supply chains harder to manage. Logisly, a Jakarta-based startup that describes itself as a “B2B tech-enabled logistics platform,” announced today it has […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

TVision raises $16M to measure viewer attention on connected TVs
TVision is building what its team hopes will become the standard for measuring streaming viewership — and to accelerate those efforts, it’s raised $16 million in new funding. The New York City startup started out by measuring traditional TV viewing, using webcams to determine whether viewers were actually paying attention to the ads. More recently, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

NerdWallet acquires small business loan marketplace Fundera
Financial guidance company NerdWallet announced at the end of last week that it has acquired Fundera. New York City-based Fundera was co-founded in 2013 by Jared Hecht, who previously co-founded GroupMe. It created a marketplace where small businesses could find loans, subsequently expanding into other areas like legal services, while also (like NerdWallet) offering free […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Warren gets $1.4 million to help local cloud infrastructure providers compete against the giants
Started as a side project by its founders, Warren is now helping regional cloud infrastructure service providers compete against Amazon, Microsoft, IBM, Google and other tech giants. Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. It recently closed […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Daimler invests in lidar company Luminar in push to bring autonomous trucks to highways
Daimler’s trucks division has invested in lidar developer Luminar as part of a broader partnership to produce autonomous trucks capable of navigating highways without a human driver behind the wheel. The deal, which comes just days after Daimler and Waymo announced plans to work together to build an autonomous version of the Freightliner Cascadia truck, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

One-click housing startup Atmos raises another $4M from Khosla, real estate strategics, and TikTok star Josh Richards
Atmos wants to make designing a house as simple as a single click. Well, that vision is now getting a double click from VCs. The company, which we profiled back in July, announced today that it raised another $4 million, this time from Evan Moore at Khosla Ventures, real estate strategic investors like David Gerster […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

One-click housing startup Atmos raises another $4M from Khosla, real estate strategics, and TikTok star Josh Richards
Atmos wants to make designing a house as simple as a single click. Well, that vision is now getting a double click from VCs. The company, which we profiled back in July, announced today that it raised another $4 million, this time from Evan Moore at Khosla Ventures, real estate strategic investors like David Gerster […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Donut launches Watercooler, an easy way to socialize online with coworkers
If you miss hanging out with your coworkers 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 and with participation from […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Upgrade adds rewards program to its credit card
Fintech startup Upgrade has been quite successful with its two flagship products —Â a low-cost credit card and personal loans. The company is making its credit card more attractive by adding rewards. Upgrade Card consumers will earn 1.5% cash back on all purchases made with the card — there’s no specific category, no partner retailer, no […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Anima’s latest update draws on the popularity of design and no-code tools
Anima, the company that turns design prototypes into code, has today announced the launch of Anima 4.0, which will allow designers to create prototypes in Figma that are translated into components in React with the click of a button. The company was founded by Or Arbel (cofounder of Yo!), Avishay Cohen (who led R&D at […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Rockset announces $40M Series B as data analytics solution gains momentum
Rockset, a cloud-native analytics company, announced a $40 million Series B investment today led by Sequoia with help from Greylock, the same two firms that financed its Series A. The startup has now raised a total of $61.5 million, according to the company. As co-founder and CEO Venkat Venkataramani told me at the time of […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Let’s move beyond 2020 and start thinking about the 2020s
Seasonality is critical for the media. End-of-year wrap-ups, best books for the summer, things to do this weekend — they’re all methods to note not only the passage of time, but also to begin to set the tone for what is about to come. Everyone covered the end of the 2010s with aplomb, a decade […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ant Group could raise as much as $34.5B in IPO in what would be world’s largest IPO
The long-anticipated IPO of Alibaba-affiliated Chinese fintech giant Ant Group could raise tens of billions of dollars in a dual-listing on both the Shanghai and Hong Kong exchanges. Shares for the company formerly known as Ant Financial are expected to price at around HK$80, or roughly 68 to 69 Chinese Yuan. The company is selling […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

This startup wants to fix the broken structure of internships
Internships are an opportunity for students to experiment with new career paths and land a full-time offer ahead of graduation. For companies, the weeks-long programs help recruit and train job-ready hires. While the stakes are high, the coronavirus-spurred office closures and market volatility made a number of tech companies slim down or cancel their internship […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Linktree raises $10.7M for its lightweight, link-centric user profiles
Simple, link-centric user profiles might seem might not seem like a particularly ambitious idea, but it’s been big enough for Linktree. The Melbourne startup says that 8 million users — whether they’re celebrities like Selena Gomez and Dua Lipa or brands like HBO and Red Bull — have created profiles on the platform, with those […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Nordic challenger bank Lunar raises €40M Series C, plans to enter the ‘buy now, pay later’ space
Lunar, the Nordic challenger bank that started out life as a personal finance manager app (PFM) but acquired a full banking license in 2019, has raised €40 million in Series C funding from existing investors. The injection of capital follows a €20 million Series B disclosed in April this year and comes on the back […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

RepTrak partners with Onclusive to combine reputation and PR data
RepTrak and Onclusive are announcing a partnership that Onclusive CEO Dan Beltramo said will combine corporate reputation tracking and PR analytics for the first time. RepTrak, founded in 2004, helps businesses measure their reputations (and their competitors’ reputations) through a database of more than 1 million company ratings collected every year. Meanwhile, Onclusive (formerly known […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Respect the hustle, not the stupidity
Yes, the media f’ing gorged on the Quibi story yesterday. We did, they did, everyone did. And really, truly, how could anyone not? Nearly $2 billion came in (with $350 million heading back), a star-studded lineup of executives and production teams, an absolutely massive advertising campaign, and a PR strategy that all but begged the […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Freelancer banking startup Lili raises $15M
It’s only been a few months since Lili announced its $10 million seed round, and it’s already raised more funding — namely, a $15 million Series A. The startup, founded by CEO Lilac Bar David and CTO Liran Zelkha, is creating a bank account and associated products designed for freelancers, with features like early access […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

This serial founder is taking on Carta with cap table management software she says is better for founders
Yin Wu has cofounded several companies since graduating from Stanford in 2011, including a computer vision company called Double Labs that sold to Microsoft, where she stayed on for a couple of years as a software engineer. In fact, it was only after that sale she she says she “actually understood all of the nuances […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Index nabs $2.6M seed to create BI dashboards without coding
Index founders, Xavier Pladevall and Eduardo Portet, have been friends since they were small children in the Dominican Republic. Both came to college in the U.S., and last year the two decided to launch a startup to help non-technical users build business intelligence dashboards without coding. Today they get to keep building on that dream […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Beam is building a web browser that gathers knowledge from your web activity
Remember Netscape Navigator and Internet Explorer? Those applications from the 1990s used emphatic metaphors in their names to talk about a simple task — browsing the web. Today, nobody would say that Google Chrome is a web explorer. Browsing the web has become an effortless — and often mindless —Â task. You grab your phone or […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Trilo lets merchants offer rewards to customers choosing bank-to-bank payments
Open banking enables bank-to-bank payments, meaning that (in theory) merchants should be able to accept payments without having to hand over fees to Visa or Mastercard or other payment providers, such as Stripe. The challenge, however, isn’t just implementing open-banking based payments as a checkout option — there are are already a host of open […] Learn more about your ad choices. Visit podcastchoices.com/adchoices