Ocurate believes lifetime value is a better prediction of how much profit a customer will bring to the company.
Array Ventures raises $56M to back tech-heavy enterprise software
Shruti Gandhi wants to clear up a misconception in first-check fundraising: Every founder doesn’t need their early-stage investors to be a shoulder for them, they just need their investor to understand their business in a way that others don’t. Most of the entrepreneurs in her portfolio for Array Ventures, a fund she started five years […]
Calibrate Ventures raises $97M for second fund targeting AI, automation
With capital flowing freely lately, managing partners Jason Schoettler and Kevin Dunlap shared some insights on what it takes to win deals these days.
Newly minted unicorn Tackle plans to use $100 million Series C to accelerate the future of software sales
Tackle.io, a startup that helps software companies sell through cloud marketplaces such as AWS’s, raised a $100 million Series C funding round co-led by Coatue and a16z at a $1.25 billion valuation.
Next-day package delivery startup Veho valued at $1B following $125M Series A
Veho’s technology matches package delivery demand with qualified driver partners and lets customers know the actual time of delivery and even communicates when the driver is headed their way.
Zepto, a 10-minute grocery delivery app in India, raises $100 million
Zepto, a Mumbai-based startup that operates a 10-minute instant grocery delivery service, has more than doubled its valuation to $570 million from $225 million less than two months ago as it expands into newer cities. Y Combinator’s Continuity Fund led the $100 million Series C round in Zepto, the two said Monday. Glade Brook, Nexus, […]
AI chip maker Kneron raises $25M for autonomous driving push
AI chips, which are semiconductors designed to accelerate machine learning, have many applications. One of the promising use cases, according to Albert Liu, is using AI chips in autonomous driving vehicles. That’s why Liu’s AI chipmaking startup Kneron has been quietly racking up investments to march into smart transportation. It recently closed a new round […]
Overjet sinks its teeth into another round of capital for its dental AI tech
Overjet is now covering nearly 75 million members through its dental insurance partnerships.
Melbourne-based edtech startup Vivi raises $20M to accelerate overseas expansion in race to reach 1M classrooms
Australian edtech startup Vivi has raised $20 million from education investor Quad Partners, funds that it intends to use to improve its platform, upgrade its operational infrastructure and hire more sales and marketing teams in the Americas, Europe and Asia. This latest round sees Vivi reach $24.3 in total capital over five years, after it […]
India’s OfBusiness valued at $5 billion in $325 million funding
OfBusiness, a New Delhi-headquartered startup that sells industrial goods and provides small businesses with credit, has secured its fourth financing round this year and is now valued at about $5 billion. Alpha Wave Global, Tiger Global, and SoftBank Vision Fund 2 led the startup’s $325 million Series G financing round. Alpha Wave Global, formerly known […]