Nav raises $13 million to help small businesses with credit scores
12:58 pm PDT • May 3, 2017
Goldman Sachs is leading a $13 million investment in Nav, a startup that helps small businesses with financial advice and credit scores. Billionaire Steven Cohen’s Point72 Ventures is also investing, along…
Carvana, the site for buying and selling cars, had a rough first day in the public markets. After pricing its IPO at $15 per share, it ended the day down…
After pricing its IPO at $15 per share, Cloudera, the enterprise big data company, closed the day up more than 20 percent, at $18.09. This also is above the range…
Amazon reported first-quarter earnings after the bell on Thursday. The company shattered earnings expectations, reporting $1.48 per share, when Wall Street was expecting $1.12. Net income stood at $724 million.
Poshmark cash flow positive, on track for $100 million revenue
6:02 pm PDT • April 26, 2017
Poshmark, the fashion resale social network, is on track for $100 million in revenue this year, TechCrunch has learned. We hear the company reached $50 million in revenue last year, which means…
PayPal, the payments company, posted first-quarter earnings results after the bell on Wednesday. After surpassing analyst estimates with an adjusted 44 cents per share, compared to the 41 cents that…
They’re back! HBO’s “Silicon Valley” is set to return to television, with the fourth season debuting this Sunday. We had a chance to watch the first two episodes at the…
If you live in New York, you’ve seen the subway ads. MakeSpace wants to free your apartment of clutter. And now the self-storage startup is getting $30 million to execute on their vision. This…
EBay reported first-quarter results after the bell on Wednesday. The company posted an adjusted 49 cents per share, when Wall Street was forecasting 48 cents. EBay reported revenue of $2.2…
Cloudera expects market cap to be less than half private valuation
11:43 am PDT • April 17, 2017
Cloudera, the enterprise big data company that’s received significant backing from Intel, has released the expected price range for its IPO. The company says it plans to price its shares between…
Transportation
Uber shares growing financials to distract from negative publicity
2:07 pm PDT • April 14, 2017
Uber, the popular ride-hailing startup, shared a grip of new financial metrics with Bloomberg today. The numbers indicate that the company is still growing at an impressive pace, and that…
Yext, the company that helps businesses power their location data, went public on the New York Stock Exchange today. After pricing shares above the expected range at $11, the price…
Startups
LVH and 55 Capital raise $10 million to build investment solutions for financial advisors
9:00 am PDT • April 13, 2017
LVH, the parent of 55 Capital, has raised $10 million in Series A funding to build out its technology platform for investors and further its financial research. Point72 Ventures, the…
Eniac Ventures is announcing the close of a $100 million venture fund, the fourth since the group formed in 2009. The seed-stage firm plans to use the money to invest in augmented…
Okta, the identity management software company, went public on the Nasdaq today, continuing a wave of tech IPOs. After pricing its IPO at $17, Okta raised $187 million by selling…
The Wall Street Journal wrote a story that Spotify is “seriously considering” joining the stock market without an IPO. The news was also reported by Mergermarket. The idea would be…
After postponing its IPO last year, Elevate Credit, the venture-backed lending company, went public on the New York Stock Exchange today. Elevate priced at $6.50 per share, closing the day…
Cloudera, the enterprise big data company that’s received significant backing from Intel, has unveiled its much-anticipated IPO filing.
Putting an end to a fierce competition to dominate the pet-sitting business, Rover and DogVacay have agreed to join forces. Rover will be acquiring DogVacay in an all-stock deal.
MasterClass raises $35 million for celebrity taught classes
7:00 am PDT • March 28, 2017
If you want to learn something new, learn it from the master. That’s the thesis behind MasterClass, which offers tennis tips from Serena Williams, cooking advice from Gordon Ramsay and vocal training from…
Alteryx, the data analytics company, went public on the New York Stock Exchange today, marking the third IPO of the year. The company priced its IPO yesterday at $14 per…
Startups
Enterprise data firm Alteryx set to raise $126 million from NYSE IPO
10:25 pm PDT • March 23, 2017
The wheels on America’s tech IPO train continue to turn. Enterprise data analytics firm Alteryx, the next tech firm in line to go public, has priced its shares at $14 ahead of…
Startups
Online ticket marketplace Vivid Seats is looking to sell for $1.5 billion
1:48 pm PDT • March 23, 2017
Online secondary ticket marketplace Vivid Seats is looking for a buyer and they’re hoping to fetch a price of about $1.5 billion, TechCrunch has learned. According to multiple sources, private…
Recent college grads need a better way to search for jobs. Or at least, that’s the thesis of New York-based WayUp, which recently raised $18.5 million in Series B funding to…
It’s the first enterprise tech IPO of the year and it’s off to the races. MuleSoft, which helps businesses like Netflix and Spotify with their APIs, closed at $24.75, a…
Enterprise
Equity podcast: The return of IPOs and Tesla’s billion-dollar bet
6:00 AM PDT • March 17, 2017
One down, many more to go! The first episode of TechCrunch’s latest podcast, Equity, our venture capital-focused podcast is out. This week, TechCrunch’s Matthew Lynley, CrunchBase editor-in-chief…
True&Co., an e-commerce company founded with the mission of disrupting the lingerie industry by creating a new business model for selling bras and other undergarments, has been sold. Phillips Van…
TechCrunch launches ‘Equity,’ a venture capital-focused podcast
11:13 AM PDT • March 16, 2017
Today we’re excited to announce the launch of ‘Equity,’ TechCrunch’s new venture-capital focused podcast. Matthew Lynley, Alex Wilhelm and myself will be its regular hosts,…
Media & Entertainment
Walmart subsidiary Jet.com to buy ModCloth for less than $75m
9:45 am PDT • March 16, 2017
Online fashion retailer ModCloth, known for its vintage-inspired and indie apparel, is on the verge of being acquired by Walmart, by way of its subsidiary, Jet.com. The deal, which had already…
Yext, the company that powers location data in search results, has revealed its IPO filing. The business will be able to join the stock market as soon as April.
