Three VCs shared their perspectives on what makes for good product-market fit, how to spot it and how to use it to your best advantage for both your business’ growth and for raising capital.
3 founders share strategies for navigating bias and building confidence
Entrepreneurs from underrepresented groups are more likely to face an uphill climb than their white, male counterparts, but their challenges stretch beyond systemic bias and lack of access to capital.
Tekion, the automotive retail platform headed by a former Tesla CIO, just tripled in value
A year ago, we told you about the opportunity that former Tesla CIO Jay Vijayan was chasing. His plan? To pull car dealers into the 21st century with a snazzy end-to-end automative SaaS platform like the one he helped develop inside Tesla. Customers could use it to order a car to their precise specifications; dealers […]
Contrary Capital’s $20M Fund II is all about community-first investments
When Eric Tarczynski was first building Contrary Capital, he noticed there was an absence of venture capital firms focused on entrepreneurs within universities. So, he launched a $2.2 million debut fund to exclusively back the world’s top talent, or the student entrepreneurs that are spinning ambitious ideas out of their universities. Years later, every investor […]
Sure raises $100M at a $550M valuation to help companies launch insurance products with its ‘flexible’ APIs
Sure, an insurance infrastructure startup, announced today that it has closed on $100 million in Series C funding at a $550 million valuation. New York-based Declaration Partners and European growth investor Kinnevik co-led the financing, which also included participation from WndrCo and existing backers W. R. Berkley and Menlo Ventures. The round brings the Santa […]
From bootstrapped to a $417M valuation, Chile’s Buk raises $50M for its HR management platform
Chile’s Buk, which has developed a human resources management platform for Latin American companies, announced today that it has raised $50 million in a Series A funding round that values the company at $417 million. There are a few notable things about this financing. For one, it represents one of the largest (if not the) […]
Senior care startup Honor secures $370M in debt and equity, reaches unicorn status
Senior care can be a sensitive topic as many older people find themselves in situations where they need care, but are not to the point where they need the kind of around-the-clock care provided by nursing homes. Many older people still want some independence and to retain their dignity as they age and lose the […]
8-Bit Capital, co-led by Jonathan Abrams, has closed its first fund with $40 million
Jonathan Abrams and Kent Lindstrom have partnered on a lot of things over the years. Lindstrom was an advisor and investor at the early social networking service Friendster, founded by Abrams. He was also the COO of social news aggregator Nuzzel, which was founded by Abrams and that sold to a subscription startup called Scroll […]
Index, Sequoia and Canvas investors weigh in on how to raise your first dollars
Founders seeking to raise their first round of capital may feel overwhelmed with the prospect. There is definitely plenty of capital out there, but there are also a lot of startups clamoring for it.
Stable raises $46.5M in Greycroft-led round to help businesses manage ‘volatile’ commodity prices
Stable, an insurtech aiming to help minimize a businesses’ risk due to volatile commodity prices, today announced it has raised $46.5 million in a Series A round of funding led by Greycroft. Notion Capital, Anthemis, Continental Grain and existing backers Syngenta and Ascot also participated in the financing, which brings the Chicago-based startup’s total raised […]