TechCrunch Startup News

Mailchimp may have started out as an easy to use newsletter tool, but that was almost 20 years ago. Today’s company still does email, but at its core, it is now a marketing automation platform for small businesses that also offers a website builder, basic online stores, digital ad support and analytics to make sense […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Electric power only started making sense for land vehicles about ten years ago, but now the technology is ready to make the jump into the water. Pure Watercraft hopes that its electric outboard motor can replace a normal gas one for most boating needs under 50 HP — and it just raised $23.4M to hit […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ride-hailing services around the world have been hit hard by the COVID-19 pandemic, and Grab was no exception. The company is one of the most highly-valued tech startups in Southeast Asia, where it operates in eight countries. Its transport business suffered a sharp decline in March and April, as movement restriction orders were implemented. But […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Playco is a new mobile gaming startup created by Game Closure co-founder Michael Carter and Zynga co-founder Justin Waldron, as well as game producers Takeshi Otsuka and Teddy Cross. Although the Tokyo-headquartered company is only announcing its existence today, it’s already a unicorn — it says it’s raised $100 million in Series A funding, at […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

The tagline from today’s announcement from the United States Attorney’s office for the Southern District of New York says it all: “Adam Rogas Allegedly Raised $123 Million from Investors Using Financial Statements that Showed Tens of Millions of Dollars of Revenue and Assets that Did Not Exist”. Rogas, the co-founder and former chief executive and […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Impact Creative Systems (formerly Imagine Impact) is bringing a startup accelerator-style approach to finding fresh creative talent, and it announced this morning that, with funding from venture capital firm Benchmark, it’s spinning out from Imagine Entertainment — the production company founded by director Ron Howard and producer Brian Grazer. Right after the news broke, the accelerator’s […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

There are many reasons why you could have a good or a bad credit score. But if you’re just entering the job market, you may end up with reliable income and a low limit on your credit card. X1 Card wants to solve that by setting limits based on your current and future income instead […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Building and growing a startup is hard, but pivoting said startup into something new and then achieving that same growth is even harder. But it’s not impossible. Phaedra Ellis-Lamkins, founder and CEO of PromisePay, and Jessica Matthews, founder and CEO of Uncharted Power, both have experiences doing this. At TechCrunch Disrupt, they shed some light […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet Jefa, a startup that is building a challenger bank specifically designed for women in Latin America. The company is building a product that focuses on solving the problems that women face when opening a bank account and managing it. It is participating in the Startup Battlefield at TechCrunch Disrupt. “There are 1.4 billion people […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today at TechCrunch Disrupt 2020, leaders from three quantum computing startups joined TechCrunch editor Frederic Lardinois to discuss the future of the technology. IonQ CEO and president Peter Chapman suggested we could be as little as five years away from a desktop quantum computer, but not everyone agreed on that optimistic timeline. “I think within […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Varada, a Tel Aviv-based startup that focuses on making it easier for businesses to query data across services, today announced that it has raised a $12 million Series A round led by Israeli early-stage fund MizMaa Ventures, with participation by Gefen Capital. “If you look at the storage aspect for big data, there’s always innovation, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet Swan, a new French startup that wants to let other companies offer financial services by issuing cards, bank accounts and IBANs with just a few lines of codes. The company could be considered as a bank-as-a-service platform, like Treezor or solarisBank. Originally founded by startup studio eFounders, the startup just raised a $5.9M million […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

The robotics industry is having a major moment amid the uncertainty of the COVID-19 pandemic. It’s true that category has been an exciting target for investments for a number of years now, but labor issues and concerns over transmission have led many sectors to take a good, long look at automation. Meal preparation is a […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

The spreadsheet-centric database and no-code platform Airtable today announced that it has raised a $185 million Series D funding round, putting the company at a $2.585 billion post-money valuation. Thrive Capital led the round, with additional funding by existing investors Benchmark, Coatue, Caffeinated Capital and CRV, as well as new investor D1 Capital. With this, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Toucan has developed a Chrome browser extension designed for anyone who wants to learn a new language but hasn’t found the motivation or the time. Once installed, the extension scans the text of any (English-language) website you’re visiting and will automatically translate some of the words into the language that you’re trying to learn. If […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Primary care health tech startup Carbon Health has added a new element to its “omnichannel” healthcare approach with the launch of a new pop-up clinic model that is already live in San Francisco, LA, Seattle, Brooklyn and Manhattan, with Detroit to follow soon – and that will be rolling out over the next weeks and […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Diffblue, a spin-out from Oxford University, uses machine learning to help developers automatically create unit tests for their Java code. Since few developers enjoy writing unit tests to ensure that their code works as expected, increased automation doesn’t just help developers focus on writing the code that actually makes a difference but also lead to […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sprinklr has been busy the last few years acquiring a dozen companies, then rewriting their code base and incorporating them into the company’s customer experience platform. Today, the late-stage startup went back to the fund raising well for the first time in three years, and it was a doozy, raising $200 million on a $2.7 […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Bay Area-based Iron Ox today announced a $20 million Series B. The funding, led by Pathbreaker Venture and family office firms, brings the robotics company’s total funding up to $45 million to date. A number of other investors also took part in the round, including Crosslink Capital, Amplify Partners, ENIAC Ventures, R7 Partners, Tuesday Ventures, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

When we last reported on Snyk in January, eons ago in COVID time, the company announced $150 million investment on a valuation of over $1 billion. Today, barely nine months later, it announced another $200 million and its valuation has expanded to $2.6 billion. The company is obviously drawing some serious investor attention and even […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

On the heels of new filings from both Sumo Logic and JFrog, Snowflake, a venture-backed unicorn looking to go public on the strength of its data-focused cloud service, set an initial price range for its IPO. The $75 to $85 per-share IPO price target values the firm at between $20.9 billion and $23.7 billion, huge […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fintech startup Revolut is expanding to Japan. After testing the service with 10,000 users, anybody can now sign up and open an account. The company originally obtained its authorization to operate from Japan’s Finance Service Agency in 2018. When you open an account, you get an electronic wallet and a Visa debit card. You can […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Back in 2006, Joseph Heller went to China where he spent the next decade learning about the manufacturing business. Based on that experience he eventually built a startup called The Studio. The idea was to help connect people with a small business idea to manufacturers in China in a fully digital way. By 2016 he […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet Lokalise, a Latvian startup that focuses on translation and localization of apps, websites, games and more. The company provides a software-as-a-service product that helps you improve your workflow and processes when you need to update text in different languages in your product. The company just raised a $6 million funding round led by Mike […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Disrupt 2020 is all about helping startups find and create ways to drive their business forward in these most challenging times. We partnered with cela to give exhibitors in Digital Startup Alley one sweet opportunity — networking with 13 accelerators. If you’re exhibiting — or plan to — don’t miss out on your chance to […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Episerver is announcing that it has reached an agreement to acquire Optimizely for an undisclosed sum. Optimizely was founded in 2009 by Dan Siroker and Pete Koomen. It became synonymous with A/B testing, subsequently building a broader suite of tools for marketers to experiment with and personalize their websites and apps, with more than 1,000 […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

We’re just about a month away from launching TC Sessions: Mobility 2020, but you have only 48 hours left to save yourself $100 on the price of admission. Join the global mobility community on October 6-8 at the lowest possible price. Snag your pass before the early bird expires on September 4 at 11:59 p.m. […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Legion, an artificial intelligence driven platform for workplace management, has raised a $22 million series B round led by Stripes with participation from Workday Ventures and others. Legion is designed to help employers better manage their hourly workforces by automating certain decisions, like how much labor to deploy to meet the needs of the company […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transposit is a company built by engineers to help engineers, and one big way to help them is to get systems up and running faster when things go wrong — as they always will at some point. Transposit has come up with a way to build runbooks for faster disaster recovery, while using data to […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

As a business model, SaaS has expanded to epic size. A number of major SaaS companies filed to go public last week, and there are now thousands of SaaS startups growing all around the world. That scale makes it easier for banks and financial institutions to offer tailored solutions to this market around everything from […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Gong announced a $200 million Series D investment just last month, and loaded with fresh cash, the company wasted no time taking advantage. Today, it announced it was buying early stage Isreali sales technology startup Vayo. The companies did not share terms of the deal, but Gong CEO Amit Bendov said the deal closed a […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Edtech just keeps on booming. Today, Owl Ventures, a San Francisco-based education technology fund whose portfolio includes Byju’s, Labster, Masterclass and Quizlet, announced that it has closed a pair of investment vehicles totaling $585 million. Owl Ventures IV is a $415 million investment vehicle which will be used to invest in edtech startups Series A […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

The global legal services industry was worth $849 billion dollars in 2017 and is expected to become a trillion dollar industry by the end of next year. Little wonder that Steno, an L.A.-based startup, wants a piece. Like most legal services outfits, what it offers are ways for law practices to run more smoothly, including […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

The right question is almost never whether to buy software or build it internally. Instead, banks have often worked to walk the difficult but smarter path right down the middle. Learn more about your ad choices. Visit podcastchoices.com/adchoices

It’s time again to start warming up your pitching arm. Our next Pitchers & Pitches session takes place next week on September 2. Register today! Pitchers & Pitches sessions combine critique and competition with a focus on helping early-stage startup founders create an iron-clad, 60-second pitch. Here’s how it works. Everyone is welcome to attend, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet Fondeadora, a fintech startup based in Mexico City that wants to build a full-stack neobank. The company just raised a $14 million Series A round led by Gradient Ventures, Google’s AI-focused venture fund. Founded in 2018, the company already manages 150,000 accounts and is adding $20 million in deposits every month. Mexico represents a […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

When Brynne McNulty Rojas moved to Bogotá, Columbia four years ago, she encountered a fragmented real estate industry that lacked a central database for consumers to find or compare homes. Rojas was struck by the magnitude of the problem; she was also inspired by the opportunity. Rojas and business partner Sebastian Noguera homed in on […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Narrative has raised $8.5 million in Series A funding and is launching a new product designed to further simplify the process of buying and selling data. I’ve already written about the company’s existing marketplace and software for managing data transactions. With the new Data Streams Marketplace, the process should be simpler than ever — not […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Like any successful founder, Andrew Grauer had bright, long-term ambitions for Course Hero from the moment he launched it in 2006. He started the business to create a place where students could ask questions and get answers similar to Chegg, which launched 15 months before Course Hero . But as he slowly built it, he […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Finix, a startup that provides payments-related services to other companies, announced it has extended its Series B financing with a $30 million investment led by Lightspeed Venture Partners and American Express Ventures. The fintech startup has now raised over $96 million in venture capital. According to CEO and co-founder Richie Serna, $90 million of that […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Eden, the office management platform founded by Joe du Bey, is today announcing the launch of several new enterprise software features. The company, which offers a marketplace for office managers to procure services like office cleaning, repairs, etc., is looking to offer a more comprehensive platform. The software features include a COVID team safety tool […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

This morning MURAL announced that it has raised $118 million in an outsized Series B. The visual collaboration startup provides a whiteboard-like digital environment that allows for users to cooperate and brainstorm. MURAL announced that it had raised $23 million earlier this year, though that investment closed in 2019. The $23 million round was a […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

In 2010, TV show host Conan O’Brien was abruptly asked to give up the time slot he’d been handed just six months earlier by his longtime employer NBC. Instead, he famously gave the network the figurative finger, taking his act to the basic cable network TBS later that same year and — embraced by legions […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

SugarCRM announced this morning it has acquired customer intelligence startup, Node. The companies did not reveal the purchase price, but the deal has closed. While Sugar gains a ton of AI expertise, it also adds a customer prediction element to the platform such as figuring out the customers most likely to convert or most likely […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

George Sehremelis is building what he calls a “social news network,” with the aim of combatting the spread of misinformation and fake news online. “My goal has always been make an impact on the 2020 election,” Sehremelis told me — a tall order, particularly when the big social networks are struggling to solve these same […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

The promise of SaaS has always been about taking tedious, expensive manual tasks and finding a way to build a platform to automate them. Cobalt.io is doing that with pentesting, the process of testing an application for security vulnerabilities before it goes out the door. Today, the startup announced a $29 million Series B led […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

DoorDash is announcing that customers can now order groceries through the DoorDash app from partners including Smart & Final, Meijer and Fresh Thyme. Additional stores like Hy-vee and Gristedes/D’Agnostino are supposed to be added in the next few weeks. Through these partnerships, DoorDash says it has a delivery footprint covering 75 million Americans in markets […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

In a turn of fortune, Airbnb today announced that it has filed to go public, albeit confidentially. The move puts the home-sharing service on a path to a public offering sooner rather than later, and comes after reports that the company was prepping an IPO filing this month. Those same reports indicated that Airbnb could […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Finmark, a member of Summer 2020 Y Combinator cohort, is not your typical YC startup. In fact company co-founder Rami Essaid has already built Distil, a security startup and saw it through to exit when he sold the company to Imperva last year. As he pondered what to do next, he took a quick turn […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Microsoft’s new Flight Simulator is a technological marvel that sets a new standard for the genre. But to recreate a world that feels real and alive and contains billions of buildings all in the right spots, Microsoft and Asobo Studios relied on the work of multiple partners. One of those is the small Austrian startup […] Learn more about your ad choices. Visit podcastchoices.com/adchoices