by Mary Ann Azevedo | Apr 14, 2021 | Business Enhancements, Startups, Venture Capital
A few weeks ago, we wrote about fintech Pilot raising a $100 million Series C that doubled the company’s valuation to $1.2 billion. Bezos Expeditions — Amazon founder Jeff Bezos’ personal investment fund — and Whale Rock Capital joined the round, adding $40 million to...
by Anna Heim | Apr 14, 2021 | Business Enhancements, Startups, Venture Capital
It’s no surprise that the venture capital market was incredibly active in the United States during the first quarter of 2021, but precisely how strong has only recently become clear. This morning, we’re digging into the data. According to a report from...
by Anna Heim | Apr 13, 2021 | Business Enhancements, Startups, Venture Capital
Microsoft’s huge purchase of healthtech AI company Nuance led the technology news cycle this week. The $19.7 billion transaction is Microsoft’s second-largest to date, only beaten by its purchase of LinkedIn some years ago. For the AI space, the sale is a coup. Nuance...
by Steve O'Hear | Apr 13, 2021 | Business Enhancements, Venture Capital
“You wanted me to record this?” asks Saul Klein, LocalGlobe founding partner. “Just in case you say anything interesting,” I quip back. “I won’t be doing most of the talking, so maybe someone will say something interesting,” Klein replies poker-faced,...
by Mary Ann Azevedo | Apr 12, 2021 | Business Enhancements, Startups, Venture Capital
The Zebra, an Austin-based company that operates an insurance comparison site, has raised $150 million in a Series D round that propels it into unicorn territory. Both the round size and valuation are a substantial bump from the $38.5 million Series C that...
by Mary Ann Azevedo | Apr 9, 2021 | Business Enhancements, Companies, Startups, Venture Capital
Digital mortgage lender Better.com has raised $500 million from Japanese investment conglomerate SoftBank that values the company at $6 billion. The financing is notable for a few reasons. For one, it values Better.com at $6 billion, which is up 50% from what the $4...