Evinced is on a mission to make as many web properties accessible as possible, and to do that means getting that work done as early as possible — which means integrating with the development process from the beginning. The company is continuing this “shift left” mentality with $38 million in new funding that it plans
Fundings and Exits
We have quite a unique pitch deck on our hands today. A few years ago, AR car hardware company WayRay raised $80 million at a half-a-billion valuation in a Series C round led by Porsche, and I’m super excited to show off their pitch deck today! Yes, it’s a little bit older than some of the
The space industry is evolving, as are the tools it uses; Epsilon3 is a startup trying to make launches, satellite design, rocket manufacturing, and other complex processes easier and more collaborative. The company has found its tools have uses beyond space, and growing traction across the board has led to a $15 million in new
Florence Healthcare, which creates software that connects clinical trial sites, sponsors and contract research organizations, announced today that it has raised a $27 million Series C-1 led by Insight Partners. Insight Partners is known for its ScaleUp program that helps its portfolio companies grow rapidly. Florence Healthcare, which has now raised $114.1 million to date,
The buy now, pay later (BNPL) market, estimated to be worth $120 billion in 2021, has grown significantly over the last few years. But for most of its rise to virtual checkout prominence, BNPL largely targeted everyday consumer goods like clothes from Urban Outfitters or a Peloton. Now, the credit method is moving beyond its
Join, a decision-making platform for architecture, engineering and construction, today closed a $16 million Series A round led by SignalFire with participation from Ironspring Ventures, Metaprop, Building Ventures and Standard Investments. The fresh capital, which brings the company’s total raised to $30 million, will be put toward “doubling down” on market expansion and expanding Join’s
Successful founder stories are a trove of information and inspiration. They’re also a map of sorts, one that provides insight into the challenges of navigating the complex startup landscape. Hearing about the triumphs and challenges — and the inevitable missteps — can help new and aspiring early-stage founders stay the course and even avoid common
Deno, the development company behind the eponymous Deno runtime, today announced that it closed a $21 million Series A round led by Sequoia that brings its total raised to $26 million. According to CEO Ryan Dahl, the new cash will be put toward building out Deno’s commercial offering, Deno Deploy, while growing marketing operations and
Based in Vietnam, Anfin wants to turn more people into stock investors with features like fractional trading and in-app communities. The Y Combinator alum announced today it has raised a $4.8 million Series A led by angel investor Clement Benoit, the founder of Stuart and Not So Dark, and Y Combinator. Participants in the round
Despite the demand for platforms that let developers experiment with different versions of apps, the infrastructure required remains relatively complex to build. Beyond data pipelines and statistical methods, and experimentation infrastructure relies on analytical workflows often sourced from difficult-to-configure cloud environments. Plenty of startups have emerged in recent years to abstract away the app experimentation
In recent years, there’s been an explosion of tools that allow businesses to connect, transform, analyze and serve data from all kinds of sources. Combined with the increasing pressure on businesses to digital transform their operations, this can lead to a patchwork of solutions that aren’t easy to maintain or scale. Research from Forrester estimates
Caring for a family member is not only hard work, but expensive, too. Many family caregivers miss work (or stop working) and pay for medical expenses out of pocket. Aidaly was created to help them find sources for compensation and financial aid. The company, which is coming out of stealth mode, announced that it has
Gearset, a tooling provider for Salesforce software, today announced that it raised $55 million in a funding tranche led by Silversmith Capital Partners. Co-founder and CEO Kevin Boyle said that the new money will be put toward expanding Gearset’s product offering, growing its sales and marketing functions, and scaling the team across the U.S. and
There’s been a massive proliferation of fintech services in the past few years, during which fintech companies competed to develop new products more quickly than their competitors. Nowadays, the race between fintechs has much more to do with consolidation and which companies can build a holistic, “one-stop-shop” by bringing those different products onto one platform.
Mexico City-based digital bank Klar has raised $70 million in equity funding at a valuation of $500 million, the startup announced today. The raise follows a period of hypergrowth for the company. Klar experienced a “7x” year-over-year increase in revenue and 4x bump in transaction volume over the same time period, according to Klar co-founder
Boulder Care, a Portland, Oregon–based telehealth provider focused on medical treatment and support for people overcoming substance use disorders, raised $36 million in Series B funding. Founded in 2017 by Stephanie Strong, the company has a mission to address national overdose rates, particularly with opioid and alcohol use disorders. Analysis from the White House in
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. The show is largely off this week, which means that we don’t have our usual deluge of new startup news covered for you. But, we didn’t want to leave you with nothing at all on this lovely Friday,
Felix WIlliams is the founder and managing director of Lagomaj Capital. Since starting the St. Louis, Missouri-based venture capital firm soon after completing high school, 23-year-old Williams has backed dozens of companies — with a special interest in agtech and biotech and including a couple of very large tech companies that he’s not at liberty
The world of AI-powered drug discovery keeps expanding as the capabilities of machine learning grow. One approach that seemed unthinkable just a few years ago is simulating the complicated interplays of two interlocking molecules — but that’s exactly what drug designers need to know about, and exactly what Charm Therapeutics aims to do with its
Cow’s milk continues to be a staple of human nutrition. Pediatricians recommend it for infant growth, and for the most part, it has more protein than alternative “milks.” However, this dairy delight isn’t tolerated by all people, and the process from cow to dinner table is a known strain on environmental resources. Enter Brown Foods,
Dubbing is a lucrative market, with Verified Market Research predicting that film dubbing services alone could generate $3.6 billion annually by 2027. But it’s also a laborious and costly process. On average, it can take an hour of recording studio time for five minutes of narration; one calculator pegs the price at $75 per minute for
Product research generally involves determining whether an idea for a new product might be successful and how to best develop and sell that product. It’s a straightforward process, in theory, but the basic definition belies the barriers that can crop up. Research is often costly — software-as-a-service companies spend an estimated 23% of their revenue
No matter whether you prefer to track the public or private markets, 2022 has proven to be a messy year for software companies. After a bullish 2021, when investors sent software stocks into the stratosphere, startups rode the same wave of enthusiasm to new heights. Since then, we’ve tracked the pullback in value that software
SCiFi Foods, formerly Artemys Foods, is combining plant-based and cultivated meat technology to create its first burger product, and its mission just got a big venture capital boost. The Bay Area–based food tech startup announced Wednesday a $22 million Series A round led by a16z. This brings the company’s total funding to $29 million since
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. As the team takes a break this week, we decided to replay
Salary Hero wants to provide lower-income Thai workers with more financial flexibility. The startup, which focuses on earned wage access and finance education, with plans to add neo banking products, too, announced today it has raised $2.8 million. The funding included participation from Global Founders Capital, M Venture Partners, 500 Global, 1982 Ventures, Titan Capital
Imagine a world where founders boasted about how much growth they’ve driven, as opposed to their fundraising prowess. The ability to raise capital is less impressive than finding sustainable ways to build a base of paying customers. The right coaching and a strong network can help many entrepreneurs land a sizable seed round, but that
Latin America appears set to chalk up another quarter of falling venture capital activity, adding to a string of successive periods when the value of investments in the region fell. Leaning on PitchBook data and looking at venture-backed companies in Central and South America, a TechCrunch analysis indicates that investment volume in deal and dollar
Last year saw a huge funding boom for Southeast Asian consumer investment apps and if Pintu’s funding announcement today is anything to go by, that looks set to continue. The cryptocurrency-focused app has raised a $113 million Series B from Intudo Ventures, Lightspeed, Northstart Group and Pantera Capital. Launched in April 2020, Pintu bills itself
Perhaps it’s the end of an era now that Sheryl Sandberg announced she will leave Meta. However, to Kelly Graziadei and Joanna Lee Shevelenko, general partners at f7 Ventures, an early-stage venture firm, they are carrying forward the influence Sandberg had on them during their time at Facebook in their new endeavor. All of f7
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