Checkout wants to be Rapyd and Fast
Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. We’re back on this lovely Saturday with a bonus episode!
Again!
There is enough going on that to avoid failing to bring you stuff that we think matters, we are back yet again for more. This time around we are not talking Roblox, we’re talking about e-commerce, and a number of rounds — big and small — that have been raised in the space. Honest question: Do y’all plan to release news on the same week? Are trends a social construct?
From Natasha, Grace, Danny and your humble servant, here’s your run-down:
- Webflow raised $140 million in a round that it says it did not need. This is not a new thing. Some startups are doing well, and don’t burn much. So investors offer them more at a nice price. In this case $2.1 billion. (Webflow does no-code websites.)
- Checkout.com raised $450 million. The rich really do get richer. In this case the founders of Checkout.com, whose company is now worth around $15 billion. Checkout.com does, you guessed, online checkout work. Which as Danny explains is complicated and critical.
- We also talked about this Bolt round, for context.
- And sticking to the e-commerce theme, Rapyd raised $300 million at around a $2.5 billion valuation. There is infinite money available for late-stage fintech.
- Early stage as well, it turns out, with Tradeswell raising $15.5 million to help businesses improve their net margins.
- Finally, ending with a chat on infrastructure, Nacelle closed an $18 million Series A.
And now we’re going back to bed.
Equity drops every Monday at 7:00 a.m. PST and Thursday afternoon as fast as we can get it out, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.
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