Fundings & Exits

Formalwear-focused Queenly makes first acquisition after posting rapid early-2022 growth

Queenly, a startup building a garment marketplace aimed at dressing women for formal events, announced this morning that it has purchased Mi Padrino, a company built to serve the quinceañera market.

Snowplow secures fresh cash to capture and create behavioral data

Snowplow, a platform designed to create data for AI and business intelligence applications, today announced that it raised $40 million in a Series B funding round led by NEA, Snowplow investors, Atlan

HomeLister helps sell your house without forking over commission

Most real estate agents charge a commission — in many cases up to 6% of the sale price of a home — for listing and selling a house on behalf of a homeowner. For a home that sells for about

MAYA Capital closes second fund with $100M for early-stage Latin American startups

This new fund triples the firm’s assets under management and will enable the pair to invest in another 25 to 30 companies.

TaskHuman lands $20M to expand its virtual coaching platform

TaskHuman, a professional development platform focused on coaching, today announced that it raised $20 million in Series B funding led by Madrona with participation from Impact Venture Capital, RingCe

Marketing automation startup Retail Rocket nabs $24M for expansion

Retail Rocket, a retention management platform for brands, today announced that it raised $24 million in a Series A round led by Cyprus-based private equity fund Flintera. In addition to the fundraisi

Modular closes $30 million seed round to simplify the process of developing AI systems

AI has transformative potential. But if you ask the co-founders of Modular, a startup emerging from stealth today, the software used to develop it is “monolithic,” fractured into silos pil

Taking on Bilt, Stake aims to expand its cash-back rewards program for renters

Aiming to compete with Bilt in the nascent property renter rewards market, Stake, a startup that provides cash back and banking services to renters, today announced that it raised $12 million in a Ser

Brazilian motorcycle rental startup Mottu revs up with $40M to help more Latin Americans become couriers

Mottu, a São Paulo-based motorcycle rental startup, has raised $30 million in equity in a Series B round of funding. The company, which aims to give independent couriers a way to work for logistics a

Lenskart acquires majority stake in eyewear brand Owndays in $400 million deal

India’s Lenskart is buying a majority stake in Japan’s Owndays, the two firms said, creating one of Asia’s biggest online retailers of eyewear. The firms did not disclose the financial terms of

Black Swan analyzes social media to predict which products will be successful

Consumer packaged goods companies — think PepsiCo or Nabisco — face steep challenges from the rising cost of living and distribution. As inflation continues unabated, consumers’ disp

GetVantage offers revenue-based financing to India’s founders

Some SMEs don’t want to get (or have access to) equity funding, but also want to stay away from high-interest bank loans. That’s the gap that revenue-based financing platforms like GetVantage want

AlgiKnit’s seaweed-sourced materials could mend the textile industry’s toxic habits

AlgiKnit is on a mission to offer more environmentally conscious materials for the heavily polluting fashion and textile industries. The startup is developing materials from seaweeds such as Macrocyst

One to watch: Debut Capital’s Pilar Johnson works to augment funding for overlooked founders

Debut Capital raised $1 million in three months. Its founder, Pilar Johnson, had no previous experience in the industry.

Today’s startup layoffs have nothing on the 2020 correction

The point at which layoffs started to rise as a percentage of all changes to startup employment was loosely the same moment that everyone decided that paying 100x ARR was probably too much.

April taps AI to help personalize and autofill tax filings

Most Americans dread doing their taxes. Surveys show as much. But as many as 40% rely on money from tax refunds to satisfy some financial obligation. Ben Borodach, a former Deloitte fintech strategist

Walmart is acquiring Memomi, an AR startup powering virtual try-on for eyewear

Walmart is expanding its array of virtual try-on services for shoppers with today’s news that it’s planning to acquire Memomi, an AR optical tech company and current Walmart partner offeri

Nautical Commerce sails away with new funding to bring marketplace tech to the masses

The company is boiling down the time it takes for businesses to create an e-commerce marketplace from two to three years to about 90 days.

Mapan’s services helps low-income Indonesians users afford goods and services

In Indonesia, arisans are traditionally rotating savings and credit associations (RSCA) that let groups of people, primarily women, save and borrow money together. Mapan digitized that concept and tur

Social care SaaS maker Birdie tops up with $30M

Birdie, a U.K.-based caretech software-as-a-service maker, has closed a $30 million Series B funding round led by investment firm Sofina, with Omers Ventures and Index Ventures also participating &#82
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