After all those years of startups not going public, 2020 is a little bit different. It feels like more companies are filing, and more companies are seeing their debuts through.…
Featured Article
Inside Root’s IPO filing
Last night, Root filed to go public, adding a second name to the insurtech IPO rolls in 2020. Lemonade was first out the gate this summer, taking its rental and home insurance business public at an attractive valuation, compared to its revenues and margins as we traditionally understand them. Wall Street was enticed by its…
6:52 am PDT • October 6, 2020
Startups
Six favorite Techstars startups ahead of its next rush of demo days
7:22 am PDT • October 5, 2020
With TechCrunch Disrupt happening last month, I fell behind on watching accelerator demo days. It’s time to correct that oversight. In August and September, the Techstars network of startup accelerators…
Startups
Equity Monday: Ola, DeFi and how to turn cooler cabinets into ads
6:38 AM PDT • October 5, 2020
Hello 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…
Startups
Accel VCs Sonali De Rycker and Andrew Braccia say European deal pace is ‘incredibly active’
9:41 am PDT • October 4, 2020
The other week TechCrunch’s Extra Crunch Live series sat down with Accel VCs Sonali De Rycker and Andrew Braccia to chat about the state of the global startup investing ecosystem.…
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment. Let’s talk money, startups and spicy IPO rumors.
Featured Article
Asana’s strong direct listing lights alternative path to public market for SaaS startups
This week’s pair of direct listings from Asana and Palantir were historic moments for each firm, but they also served as public business experiments. For Palantir, the event tested how far corporate governance could be twisted while leaving a company worth buying in the eyes of public shareholders. And with Asana, its direct listing was…
7:10 am PDT • October 2, 2020
Enterprise
American stocks drop in wake of president’s COVID-19 diagnosis
5:29 am PDT • October 2, 2020
American stocks are selling in the wake of President Trump, and members of his family and a key staff member, testing positive for COVID-19. The news, which came overnight, is…
Startups
Noyo raises $12.5M Series A to keep building its health insurance API business
3:00 am PDT • September 28, 2020
This morning, Noyo, a startup that provides APIs that link players in the health insurance space, announced that it has closed a $12.5 million Series A round of funding. The…
Hello and welcome back to Equity, TechCrunch’s VC-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. This week Natasha Mascarenhas, Danny Crichton and your humble…
Featured Article
As tech stocks dip, is insurtech startup Root targeting an IPO?
During the week’s news cycle one particular bit of reporting slipped under our radar: Root Insurance is tipped by Reuters to be prepping an IPO that could value the neo-insurance provider at around $6 billion. Coming after two 2020 insurtech IPOs, Root’s steps toward the public markets are not surprising. But they are good news…
7:24 am PDT • September 24, 2020
Featured Article
Scaling to $100 million ARR: 3 founders share their insights
Last week at TechCrunch Disrupt, Alex Wilhelm hosted a panel titled “Getting to $100 million ARR” on the Extra Crunch Stage. He was joined by three executives, including Vineet Jain, CEO and co-founder at Egnyte, Michal Tsur, president and co-founder at Kaltura and Sid Sijbrandij, CEO at GitLab. The panelists discussed their path to building…
11:59 am PDT • September 23, 2020
Featured Article
How Robinhood and Chime raised $2B+ in the last year
Last night Robinhood, the American fintech unicorn that provides free securities trading services to consumers via an app, announced that it raised an additional $460 million in its previously known Series G. That round is now worth $660 million at an $11.7 billion post-money valuation. A little over a month ago Robinhood announced that it…
7:40 am PDT • September 23, 2020
Startups
TransferWise reports accelerating revenue growth to 70% in its March, 2020 fiscal year
4:01 pm PDT • September 22, 2020
TransferWise, a European fintech unicorn, announced the financial results of its fiscal year ending March, 2020. The company posted strong growth, continued profit and new customer records. TransferWise was most…
Startups
Despite a rough year for digital media, Blavity and The Shade Room are thriving
11:03 am PDT • September 22, 2020
Last week at TechCrunch Disrupt, TechCrunch media and advertising reporter Anthony Ha sat down with Blavity CEO Morgan DeBaun and The Shade Room CEO Angelica Nwandu to chat about their…
Fundraising
Join Accel’s Andrew Braccia and Sonali De Rycker for a live Q&A right now
7:48 am PDT • September 22, 2020
Disrupt was just days ago, but the TechCrunch crew is continuing our regular series of public chats with leading founders and venture capitalists under the Extra Crunch Live banner. Today,…
Featured Article
How has Corsair Gaming posted such impressive pre-IPO numbers?
After the last few weeks of IPOs, you’d be forgiven if you missed Corsair Gaming’s own public offering. The company is not our usual fare. Here at TechCrunch, we care a lot of about startups, usually technology startups, which often collect capital from private sources on their way to either the bin, an IPO or…
7:36 am PDT • September 22, 2020
Featured Article
The Peloton effect
During the most recent quarter, only a few earnings reports stood out from the rest. Zoom’s set of results were one of them, with the video-communications company showing enormous acceleration as the world replaced in-person contact with remote chat. Another was Peloton’s earnings from the fourth quarter of its fiscal 2020, which it reported September…
8:51 am PDT • September 21, 2020
Venture
Equity Monday: The TikTok mess, and a grip of neat European VC activity
6:34 AM PDT • September 21, 2020
Hello 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…
Featured Article
Was Snowflake’s IPO mispriced or just misunderstood?
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Ready? Let’s talk money, startups and spicy IPO rumors. Was Snowflake’s IPO mispriced or just misunderstood? With an ocean of neat stuff to get through…
1:00 pm PDT • September 19, 2020
Media & Entertainment
Unity Software has strong opening, gaining 31% after pricing above its raised range
4:25 pm PDT • September 18, 2020
Whoever said you can’t make money playing video games clearly hasn’t taken a look at Unity Software’s stock price. On its first official day of trading, the company rose more…
Startups
Chime adds $485M at a $14.5B valuation, claims EBITDA profitability
9:42 am PDT • September 18, 2020
In the midst of IPO week we have to add another name to our future debuts list, namely Chime, which announced a huge new round of capital today. The $485…
Featured Article
3 VCs discuss the state of SaaS investing in 2020
Yesterday during Disrupt 2020 I sat down with three investors who know the SaaS startup market very well, hoping to get my head around how hot things are today. Coming on the heels of the epic Snowflake IPO (more to come on that in this weekend’s newsletter), it was a great time for a chat.…
6:59 am PDT • September 18, 2020
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast (now on Twitter!), where we unpack the numbers behind the headlines. This week Natasha Mascarenhas, Danny…
Featured Article
Which 5 cloud startup categories are the hottest?
Hello from the midst of Disrupt 2020: after this short piece for you I am wrapping my prep for a panel with investors from Bessemer, a16z and Canaan about the future of SaaS. Luckily, The Exchange this morning is on a very similar topic. The Exchange explores startups, markets and money. Read it every morning…
7:23 am PDT • September 17, 2020
Startups
Join Accel’s Andrew Braccia and Sonali De Rycker for a live Q&A on September 22 at 2 pm EDT/11 am PDT
11:00 am PDT • September 16, 2020
In the midst of Disrupt 2020, we’re busy keeping tabs on all the panels, chats, demos and battling startups, but we’re also prepping for what comes next. Next Tuesday, the…
Startups
Go public now while software valuations make no sense, Part II
9:50 am PDT • September 16, 2020
On August 5th, TechCrunch wrote that startups should “go public while software valuations make no sense.” What came next was a happy coincidence. Just a few weeks after that post,…
Startups
Unity raises IPO price range after JFrog, Snowflake target steep debut valuations
7:01 am PDT • September 16, 2020
On the heels of two IPOs pricing above raised ranges, Unity boosted the value of its own impending debut this morning. The well-known unicorn is currently set to begin trading…
Startups
JFrog and Snowflake’s aggressive IPO pricing point to strong demand for cloud shares
6:59 am PDT • September 16, 2020
After raising their IPO price ranges, both JFrog and Snowflake priced above their refreshed intervals last night. At their final IPO prices, the two debuts are aggressively valued, showing continued…
Enterprise
What’s ahead in IPO land for JFrog, Snowflake, Sumo Logic and Unity
6:58 am PDT • September 15, 2020
Welcome to Tuesday of TechCrunch Disrupt week. In a few hours, I’m hosting a panel about how startups can reach $100 million in annual recurring revenue (ARR) with the CEOs…