Working in the world of disability insurance, Colin Nability felt not everyone could access this type of insurance due to its nature being difficult to understand and underwrite.
FireHydrant announces $23M Series B to grow disaster management platform
No matter how carefully you set up your systems, sooner or later something fundamental breaks. How you react during those times and how quickly you respond to the crisis is what people remember after it’s over. FireHydrant, a startup that helps companies prepare for and manage such crises, announced a $23 million Series B investment […]
FreshBooks reaches $1B+ valuation with $130.75M for its SMB-focused accounting platform
FreshBooks, a Toronto-based cloud accounting software company focused on SMBs, announced today it has secured $80.75 million in a Series E round of funding, as well as $50 million in debt financing. Existing backer Accomplice led the equity financing, which the company described as “an inside round” that propelled FreshBooks to unicorn status with a […]
Latent AI, which says it can compress common AI models by 10x, lands some key backing
Roughly a year ago, Latent AI, a now three-year-old, Menlo Park, Ca.-based startup, pitched a handful of investors during TechCrunch’s Battlefield competition. It didn’t win that contest, but that hasn’t kept it from winning the interest of investors elsewhere. It just closed on $19 million in Series A funding in a round co-led by Future […]
5 ways AI can help mitigate the global shipping crisis
AI is not a magic wand that will right all the world’s wrongs. But it can help businesses plan for problems in advance and respond to them appropriately if they happen.
Car-sharing startup Turo has filed confidentially for an IPO
Turo, the peer-to-peer car-sharing startup, has initiated the confidential process of filing for an initial public offering with the U.S. Securities Exchange Commission. The number of shares to be offered in the IPO and the price range have not yet been determined, the company said in a statement. Turo declined to provide additional information to […]
Harassment will happen at my startup and yours: Here’s how we prepare
Today’s workplace demands that leaders acknowledge gray areas and engage with uncomfortable topics; it’s how companies grow in new and healthy directions.
SpaceX to acquire satellite connectivity startup Swarm Technologies
SpaceX will be acquiring satellite connectivity startup Swarm Technologies, the first such deal for the 19-year-old space company headed by Elon Musk. Swarm operates a constellation of 120 sandwich-sized satellites as well as a ground station network. The deal would transfer control of Swarm’s ground and space licenses to SpaceX, in addition to any licenses […]
Turkey’s first decacorn: Trendyol raises $1.5B at a $16.5B valuation
Trendyol, an e-commerce platform based in Turkey, has raised $1.5 billion in a massive funding round that values the company at $16.5 billion. General Atlantic, SoftBank Vision Fund 2, Princeville Capital and sovereign wealth funds, ADQ (UAE) and Qatar Investment Authority co-led the round. The deal marks SoftBank’s first in the country. The new financing […]
RentCheck raises $2.6M in seed funding to help renters get their security deposits back
We’ve all been there. (Or at least I have.) You’re getting ready to vacate a property you’ve rented, only to be told by the landlord that you won’t be getting your security deposit back. This happened to me the first time I ever rented a place in the late 90s. I was shocked, but more […]