GrubMarket gobbles up $120M at a $1B+ pre-money valuation to take on the food supply chain

When people talk about “online food delivery” services, chances are that they’ll think of the Uber Eats, Instacarts and Getirs of this world. But today a startup that’s tackling a different aspect of the market — addressing the supply chain that subsequently turns the wheels of the bigger food distribution machine — is announcing a […]

‘Thin file’ loans startup Koyo closes $50M Series A led by Force Over Mass

Koyo, a fintech startup using open banking to offer loans to people with poor credit histories, has closed a Series A funding round of $50m in debt and equity led by Force Over Mass, with participation from existing investors Forward Partners, Frontline Ventures and Seedcamp. New investors in Koyo include Force Over Mass, Matt Robinson […]

Insurify, a ‘virtual insurance agent,’ raises $100M Series B

How many of us have not switched insurance carriers because we don’t want to deal with the hassle of comparison shopping? A lot, I’d bet. Today, Insurify, a startup that wants to help make it easier for people to get better rates on home, auto and life insurance, announced that it has closed $100 million […]

A popular smart home security system can be remotely disarmed, researchers say

A cybersecurity company says a popular smart home security system has a pair of vulnerabilities that can be exploited to disarm the system altogether. Rapid7 found the vulnerabilities in the Fortress S03, a home security system that relies on Wi-Fi to connect cameras, motion sensors and sirens to the internet, allowing owners to remotely monitor […]