At $35 to $39 per share, Poshmark’s IPO could 5x its last private valuation
Jan 6, 2021The new year is off to a busy IPO start. As The Exchange reported a few weeks ago, investors anticipate a busy Q1 IPO cycle, followed by a slower Q2...
Read MoreThe new year is off to a busy IPO start. As The Exchange reported a few weeks ago, investors anticipate a busy Q1 IPO cycle, followed by a slower Q2...
Read MoreSpending on cosmetics has usually weathered economic crises, but that changed during the COVID-19 pandemic, with stay-at-home orders and masks tempering people’s desire to wear makeup. This forced retailers to...
Read MoreBibit, a robo-advisor app that wants to make investing more accessible in Indonesia, has raised $30 million from Sequoia Capital India. Returning investors East Ventures, EV Growth, AC Ventures and...
Read MoreHinge Health, the San Francisco-based company that offers a digital solution to treat chronic musculoskeletal (MSK) conditions — such as back and joint pain — has closed a $310 million...
Read MoreProcter & Gamble will not acquire women’s beauty products startup Billie, as previously planned, following action taken by the U.S. Federal Trade Commission to stop the deal from proceeding. In...
Read MoreCoral reefs all over the world are struggling to survive, with millions of people and billions of dollars in business that rely on them at risk — on top of...
Read MoreToday Divvy, a Utah-based startup that focuses on corporate spend management, announced that it has closed a $165 million round at a $1.6 billion valuation. The company said that the...
Read MoreOver the next few weeks, the venture capital industry will compile and release data concerning its Q4 2020 performance, capping a year that saw the world of private capital freeze,...
Read MoreWelcome to 2021, a year that could extend 2020’s startup market disruptions and excesses — or change patterns that previously performed well for early-stage tech companies and their investors. The...
Read MoreHello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market...
Read MoreTMYTEK recently raised a Series A+ round of about $10 million for products that make it easier to test 5G millimeter wave equipment. So far, the company’s clients include KDDI,...
Read MoreWhat could go wrong? Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. As you can see, this is our...
Read MoreCommonGround, a startup developing technology for what its founders describe as “4D collaboration,” is announcing that it has raised $19 million in funding. This isn’t the first time Amir Bassan-Eskenazi...
Read MoreRendin, an Estonian proptech startup that wants to improve the home rental experience, including offering a no-deposit feature, has raised €1.2 million in seed funding. Backing the round is Tera...
Read MoreThe Exchange is taking a break from vacation to dig into the new Qualtrics S-1 filing. Then the column and newsletter are back on hold until January 4. This afternoon,...
Read MoreGlobal investors are running from Chinese tech stocks in the wake of the government’s crackdown on Ant Group and Alibaba, two high-flying businesses founded by Ma Yun (Jack Ma) that...
Read MoreHello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market...
Read MoreThe rivalry between China’s top online learning apps has become even more intense this year because of the COVID-19 pandemic. The latest company to score a significant funding round is...
Read MoreHello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. Today is our holiday look-back at the year, bringing not...
Read MoreThe last 12 months have provided us with shocking lows and surprising highs. In startup land, great expectations in January and February were followed by dashed hopes in March. Those...
Read MoreWhen we examine any year in enterprise M&A, it’s tempting to highlight the biggest, gaudiest deals — and there were plenty of those in 2020. I’ve written about 34 acquisitions...
Read MoreLalamove will extend its network to cover more small Chinese cities after raising $515 million in Series E funding, the on-demand logistics company announced on its site. The round was...
Read MoreBandit ML aims to optimize and automate the process of presenting the right offer to the right customer. The startup was part of the summer 2020 class at accelerator Y Combinator...
Read MoreBeing “underbanked” doesn’t mean that someone lacks access to financial services. Instead, it often means they don’t have traditional bank accounts or credit cards. But in markets like Indonesia, many...
Read MoreAs we head towards the exits of 2020, we have one more name to add to our roll call of private companies that have reached the $100 million annual recurring...
Read MoreLiberis, the U.K.-based fintech that provides finance for small businesses as an alternative to a traditional bank loan or extended overdraft, has replenished its own coffers with £70 million in...
Read MoreHere in the final few working days of 2020, a surprising number of new unicorns have come to light. The mad scramble that investors are seeing in seed-stage startups appears...
Read MoreBolt, a startup that offers online checkout technology to retailers, announced this morning that it has added $75 million to its Series C round, bringing the financing to a total...
Read MoreIBM has been busy since it announced plans to spin out its legacy infrastructure management business in October, placing an all-in bet on the hybrid cloud. Today, it built on...
Read MoreHello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market...
Read MoreSoftBank Investment Advisers may file as early as Monday to raise between $500 million and $600 million through an initial public offering of its first special purpose acquisition vehicle, reports...
Read MoreWhile there’s been plenty of recent debate around the gig economy, Jarah Euston argued that it’s time to a rethink a bigger part of the workforce — hourly workers. Euston,...
Read MoreTap Network is providing a new approach to loyalty rewards programs that it describes as “rewards as a service.” You may recognize the Tap Network name, as well as its...
Read MoreSo much for a year-end IPO slowdown. On the heels of news that Expensify could direct list next year and Coinbase’s announcement that it has filed to go public (albeit...
Read MoreV7 Labs, the makers of a computer vision platform that helps AI teams “automate” and future-proof their training data workflows as advances in AI continue, has picked up $3 million...
Read MoreThe coronavirus pandemic has underscored, and often exacerbated, the mental health crisis that exists across the world. Even the spread of remote work is part of the problem: As everyone...
Read MoreUIPath, the robotic process automation startup that has been growing like gangbusters, filed confidential paperwork with the SEC today ahead of a potential IPO. “UiPath, Inc. today announced that it...
Read MoreCoinbase, perhaps the best-known American crypto company, announced today that it has filed confidentially to go public. The company’s debut was expected, having been reported earlier in the year. As...
Read MoreWhile 2020 won’t be remembered fondly by many of us for much of anything, it was a blockbuster year for enterprise M&A with the top 10 deals totaling an astounding...
Read MoreFrench startup PhotoRoom is launching its app on Android today. The company has been working on a utility photography app that lets you remove the background from a photo, swaps...
Read MoreBetter Dairy, a U.K. startup developing animal-free dairy that was founded out of Entrepreneur First (EF), has picked up £1.6 million in seed funding. The London-based company is currently in...
Read MoreGoCardless, the London fintech that aims to become the one-stop shop globally for businesses that want to let customers pay via recurring bank payments, has raised $95 million in Series...
Read MoreAndree Susanto, CEO and co-founder of Waresix, left, with Ady Bangun, CEO and co-founder of Trukita Waresix, one of Indonesia’s largest logistics startups, has acquired Trukita, a company that focuses...
Read MoreFrench fintech startup Lydia has extended its Series B round. Accel is leading the extension with all major existing shareholders also participating. Lydia first raised $45 million in January 2020...
Read MoreNow more than ever both the importance and limitations of the global delivery infrastructure are on full display. But while Amazon and others try to speed up last mile delivery...
Read MoreLogistics startup co-founder and chief executive officer Crystal Pang Logistics is one of the biggest challenges in e-commerce, especially for smaller merchants. Pickupp helps them compete in the on-demand economy...
Read MoreMessageBird, the omnichannel cloud communications platform recently valued at $3 billion following a Series C round in October, has acquired London-based real-time web technologies company Pusher. The acquisition price is...
Read MoreOn Monday, Pluralsight, a Utah-based startup that sells software development courses to enterprises, announced that it has been acquired by Vista for $3.5 billion. The deal, yet to close, is...
Read MoreBoxCast, a Cleveland-based company aiming to make it easy to livestream any event, has raised $20 million in Series A funding. Co-founder and CEO Gordon Daily said that when the...
Read MoreParsec, a startup that’s built streaming technology for both work and play, is announcing that it has raised $25 million in Series B funding. This brings Parsec’s total funding to...
Read MoreKryo, the company behind the ChiliSleep brand, is announcing that it has merged with another sleep technology company, Ebb Therapeutics, and also raised $37 million in new funding led by...
Read MoreTaxdoo, a startup that has built what it calls an “automated platform for financial compliance” aimed at cross-border e-commerce companies, has raised $21 million in new funding. Leading the Series...
Read MoreBig data is a sham. For years now, we have been told that every company should save every last morsel of digital exhaust in some sort of database, lest management...
Read MoreEnterprise recruiting company iCIMS is announcing that it has acquired Altru. iCIMS declined to comment on the terms of the deal, but a source with knowledge of the companies told...
Read MoreThe hectic M&A cycle we have seen throughout 2020 continued this weekend when Vista Equity Partners announced it was acquiring Pluralsight for $3.5 billion. That comes out to $20.26 per...
Read MoreCledara, the SaaS purchase and management platform that helps bring greater viability and control over a company’s sprawling software subscriptions, has raised $3.4 million in additional funding. The round is...
Read MorePioneered by WeChat almost four years ago, mini-apps are now common in China and India, and gaining traction in other markets, too. Mini-apps, or lightweight apps designed for integration into...
Read MoreReddit announced that it has acquired short video platform Dubsmash. The deal’s terms were undisclosed. Dubsmash will retain its own platform and brand, and Reddit will integrate its video creation...
Read MoreFrench startup In&motion has raised a $12 million (€10 million) funding round led by Upfront Ventures with 360 Capital also participating. The company has been working on wearable airbag systems...
Read MoreGorillas, a grocery delivery startup that operates its own hyper local fulfillment centers and has already been a hit in Berlin, has raised $44 million in Series A funding. Probably...
Read MoreThe stunning debut of the food delivery company DoorDash on the public market this week has plenty of people puzzled. While undeniably fast-growing, the unprofitable delivery company that has come...
Read MoreGorgias announced today that it has raised $25 million in Series B funding, bringing the startup’s pre-money valuation to $300 million. When the company raised its Series A just over...
Read MoreCleo, the London founded “financial assistant” that takes the form of an app and chatbot and now counts the U.S. as its largest market, has raised $44 million in Series...
Read MoreThe worldwide shift to virtual workplaces has been a blessing and a curse to people with hearing impairments. Having office chatter occur in text rather than speech is more accessible,...
Read MorePapercup, the U.K.-based AI startup that has developed speech technology that translates people’s voices into other languages and is already being used in the video and television industry, has raised...
Read MoreDemand for contactless payments and e-commerce has grown in South Korea during the COVID-19 pandemic. This is good news for payment service operators, but the market is very fragmented, so...
Read MoreHaters gonna hate, IPOs gonna pop. That’s the story today as richly valued DoorDash and C3.ai, two American technology unicorns, saw their values skyrocket after they began trading today. DoorDash...
Read MoreLast night both DoorDash and C3.ai priced their IPOs above their raised ranges. In simpler terms, both companies provided the market with a target price interval. Then they both raised...
Read MoreStuf, a new startup transforming basements and other unused spaces into self-storage locations, is announcing that it has raised $1.8 million in seed funding. Co-founder and CEO Katharine Lau previously...
Read MoreCreating a resume is one of the most frustrating parts of job hunting. Though ubiquitous on social media, videos are still rare on job platforms, even though it’s difficult to...
Read MoreDataform, a startup in the U.K. that was building what it dubbed an “operating system” for data warehouses, has been quietly acquired by Google’s Google Cloud division. Terms of the...
Read MoreInspiration to launch a lawn-care company struck Coulter Lewis when he was shopping for lawn-care products one day. The entrepreneur, who previously worked as a designer and co-founder of a...
Read MoreThe Federal Trade Commission has sued to block Procter & Gamble’s acquisition of Billie, a NY-based startup that sells razors and body wash. In the notice, the FTC alleged that...
Read MoreThumbtack, a marketplace where you can hire local professionals for home improvement and other services, is announcing that it has acquired Setter. Founded in 2016, Setter provides its customers with...
Read MoreBuzzy face-swap video app Reface, which lends users celebrity ‘superpowers’ by turning their selfies into “eerily realistic” famous video clips at the tap of a button, has caught the attention...
Read MoreOutfund, the revenue-based finance startup that wants to help online businesses fund growth without giving away equity, has raised £37 million in a “late seed” investment. A mixture of debt...
Read MoreShippit, a Sydney, Australia-based e-commerce logistics platform, will expand in Southeast Asia after closing a $30 million AUD (about $22.2 million USD) Series B led by Tiger Global, with participation...
Read MoreGetsafe, the digital-first insurance startup that initially launched with an app for home contents insurance, has closed $30 million in Series B funding. Swiss Re, the reinsurer giant, led the...
Read MoreSo much for a December slowdown — this morning, Airbnb and C3.ai raised their IPO price ranges and we got early pricing information from Upstart and Wish. This gives us...
Read MoreFrench startup Luko has raised a $60 million Series B funding round (€50 million). The round is led by EQT Ventures, with existing investors Accel, Founders Fund and Speedinvest also...
Read MoreFunding-round stories are TechCrunch’s bread and butter. For early-stage companies, the fact that an investor has put thousands, millions (or billions) into an idea that will likely fail, and might...
Read MoreWho says that chats about enterprise software have to be boring? They don’t, we learned during our conversation earlier this week with Sapphire’s Jai Das, a pleasant time that touched...
Read MoreZephr has raised $8 million in a new funding round led by Bertelsmann Digital Media Investments (owned by media giant Bertelsmann). The London-headquarted startup’s customers already include publishers like McClatchy,...
Read MoreOTV (formerly known as Olive Tree Ventures), an Israeli venture capital firm that focuses on digital health tech, announced it has closed a new fund totaling $170 million. The firm...
Read MoreLatin America’s startup scene has attracted troves of venture investment, lifting highly-valued companies such as Rappi and NuBank into behemoth businesses. Now that the spotlight has arrived, those same startups...
Read MoreEsports One, a startup bringing the fantasy approach to esports, is announcing that it has raised an additional $4 million in funding. When I first wrote about Esports One in...
Read MoreANYbotics, the creators of ANYmal, a four-legged autonomous robot platform intended for a variety of industrial uses, has raised a $22.3M Swiss Franc (~$20M) round A to continue developing and...
Read MoreUltimate.ai, a virtual customer service agent builder, has closed a $20 million Series A round of funding, led by Omers Ventures with participation from Felicis Ventures and existing investors HV...
Read MoreThere are now about 50 million people with dementia globally, a number the World Health Organization expects to triple by 2050. Alzheimer’s is the leading cause of dementia and caregivers...
Read MoreWellory, a startup that bills itself as taking an “anti-diet approach” to nutrition and wellness, is announcing that it has raised $4.2 million in funding. The round was led by...
Read MoreSo much for a December news slowdown. The last few days have been so chock-a-block with news from a host of unicorns, we’ve all fallen behind. This morning, The Exchange...
Read MoreShop-Ware has been waiting for a year like 2020 since 2015. The startup, which sells software to neighborhood automotive shops to digitize their operations, had struggled to capture capital from...
Read MoreSifting through the trillions of molecules out there that might have powerful medicinal effects is a daunting task, but the solution biotech has found is to work smarter, not harder....
Read MoreMonzo, the U.K. challenger bank now with more than 4.8 million customers, has closed another £60 million in funding, priced the same as and effectively an extension of the its...
Read MoreLightspeed POS just announced the acquisition of Upserve, expanding Lightspeed’s presence in the restaurant industry. The company already offers cloud-based point-of-sale software for restaurants and other businesses. It went public in...
Read MoreBuildBuddy, whose software helps developers compile and test code quickly using a blend of open-source technology and proprietary tools, announced a funding round today worth $3.15 million. The company was...
Read MoreVoi, the Stockholm-headquartered micro mobility company known for its e-scooter rentals, has raised $160 million in new funding. The round, about two thirds equity and one third debt, is led...
Read MoreVideo has worked the same way for a long, long time. And because of its unique qualities, video has been largely immune to the machine learning explosion upending industry after...
Read MoreToday’s the day! In just a few hours I am chatting with with Jai Das, a managing director at Sapphire Ventures. The conversation is part of the second season of Extra...
Read MoreSuccessful investment is managing risk, not avoiding them.
Benjamin Graham