Series A

  • AirMap raises $15M Series A round to develop its airspace management system for drones

    AirMap raises $15M Series A round to develop its airspace management system for drones

    AirMap, a startup that provides drone operators with airspace information to let them know when and where they can fly, today announced that it has raised a $15 million Series A funding round. The round was led by General Catalyst Partners, with Lux Capital (which led the company’s $2.6 million seed round), Social Capital, TenOneTen Ventures, Bullpen Capital and the Pritzker Group… Read More

  • Product discovery platform Influenster secures $8M in Series A funding from Ebates

    Product discovery platform Influenster secures $8M in Series A funding from Ebates

    Product discovery and reviews platform, Influenster, has raised $8 million in financing from Ebates, a leading online cashback shopping service. Ebates is a subsidiary of Rakuten — the multi-billion dollar Japanese holding corporation which owns stakes in the entertainment service, Viki, the messaging service, Viber, and was a lead investor in Pinterest. As part of the agreement… Read More

  • Rhumbix Wants To Be The Palantir For Construction

    Rhumbix Wants To Be The Palantir For Construction

    Two former Naval Engineers are trying to turn construction management on its head. Stanford Graduate School of Business alumni Zachary Scheel and Drew DeWalt are behind Rhumbix, a company whose product optimizes construction management and labor payment as well as divining best practices out of user data. The company’s platforms is centered on a phone app with different iterations… Read More

  • Separating The Sizzle From The Steak Crunch Network

    Separating The Sizzle From The Steak

    Seed rounds are all about the sizzle, the exciting promise of the future if things go as dreamed. Risk is high — but the reward, if it works, is far greater. Smart people with great ideas and strong skills can raise money based on their passion, vision and tenacity. But when it comes time to raise a Series A, it’s all about the steak — what you’ve accomplished. Read More

  • Riding The Funding Wave Crunch Network

    Riding The Funding Wave

    When we observed an increase in Series A fundings in the first quarter of 2015, we had two theories as to what was happening. First, people are attracted to the Series A figures more than Series B or beyond. This is similar to how people bid on mid-market houses in San Francisco, overbidding on houses around $2 million, but the $5 million houses see much less competition. Second, we might see… Read More

  • Setting The Right Valuation For A Competitive Series A Round Crunch Network

    Setting The Right Valuation For A Competitive Series A Round

    Founders are often puzzled by how VCs derive valuations for competitive Series A rounds. A competitive Series A round is an equity round where a company generally raises greater than $5 million led by a top-quartile venture capital firm. During these Series A rounds, it is not uncommon for founders to receive multiple term sheets from lead investors at different valuations, and to feel… Read More

  • The Implications Of The Seed Funding Boom Crunch Network

    The Implications Of The Seed Funding Boom

    Josh Kopelman wrote a great post recently highlighting the current state of the early-stage funding market. One of his main points was that the Series Seed round is becoming so easy to raise that founders aren’t being tested and thus often surprised when it becomes difficult to raise their Series A. Read More

  • 3DHubs Raises $4.5 Million To Make Local 3D Printing Global

    3DHubs, a 3D printer matching service, has raised a $4.5 million Series A to help bring their local 3D printing system to the world. The service, which allows you to find and order 3D prints from printers in your area, is similar to other services like MakeXYZ and 3DLt but is already available overseas. Founded by former 3D Systems employees Brian Garret and Bram de Zwart, the site was one of… Read More