Finance

  • Rover raised $65 million for pet sitting

    Rover raised $65 million for pet sitting

    Finding temporary housing for your dog should be as easy as renting an Airbnb. That’s the idea behind Rover, which raised $65 million to expand its pet sitting and dog-walking businesses. The Seattle-based company got a significant vote of confidence from Spark Capital, which is leading the round and additional capital from existing investors including Menlo Ventures, Foundry Group… Read More

  • Revolut raises $66 million for its global banking alternative

    Revolut raises $66 million for its global banking alternative

    Revolut has raised a $66 million Series B round with Index Ventures leading the round, and existing investors Balderton Capital and Ribbit Capital also participating. The startup will also run another $5 million crowdfunding campaign in a few weeks. The company has raised $83 million in total. Revolut started as a mobile app that lets you send and receive money in multiple currencies. Over… Read More

  • Anna Patterson talks Gradient Ventures, Google’s new AI fund

    Anna Patterson talks Gradient Ventures, Google’s new AI fund

    It’s been pretty obvious for a few months now, but Google has finally admitted that it’s running its own investment fund targeting machine intelligence startups. The fund will go by the name Gradient Ventures and provide capital, resources and education to AI-first startups. Read More

  • Twitter’s new CFO is getting $15 million in stock

    Twitter’s new CFO is getting $15 million in stock

    Twitter has announced that it’s hired a new CFO. Ned Segal is joining the company from Intuit, where he was senior vice president of finance. He also has investment banking experience, having spent 16 years at Goldman Sachs. This could come in handy if Twitter decides to sell themselves. (Just saying!) Read More

  • Toyota launches venture capital fund targeting artificial intelligence startups

    Toyota launches venture capital fund targeting artificial intelligence startups

    Toyota is the latest Fortune 500 company to launch an AI focused venture capital fund. The initial early-stage fund will deploy $100 million and operate as a subsidiary of the Toyota Research Institute. The automaker has strategically positioned itself as an ROI rather than strategic-focused fund — meaning that it aims to profit like any other VC firm. Read More

  • The Lemonade insurance social experiment results in $53K donation in year one

    The Lemonade insurance social experiment results in $53K donation in year one

    Lemonade has raised $60 million to date with the thesis that insurance companies can cut costs and automate more of their processes if they can somehow incentivize users to act less selfishly and commit less fraud. Traditionally insurance companies take the spread between premiums and claims as profit, but Lemonade aims to donate unclaimed premiums to charity once a year in a… Read More

  • Snap falls below its IPO price for the first time

    Snap falls below its IPO price for the first time

    Oh Snap. The Snapchat parent had a difficult day on the stock market, closing at $16.99. It’s officially fallen below its $17 IPO price for the first time. This is significant because it means that overall, public investors have lost money on the company since its March IPO. A money-losing reputation can be hard to recover from. Read More

  • CompareAsiaGroup scores $50M from investors including IFC, Alibaba and Goldman Sachs

    CompareAsiaGroup scores $50M from investors including IFC, Alibaba and Goldman Sachs

    CompareAsiaGroup, which runs online financial marketplaces in seven Asian countries, has closed a $50 million Series B. The round was led by the International Finance Corporation (IFC), a member of the World Bank Group, and includes capital from new investors Alibaba, SBI Group, and H&Q Utrust. Returning investors also participated. Read More

  • Blue Apron falls 9% on fourth day as a public company

    Blue Apron falls 9% on fourth day as a public company

    Blue Apron sends you the ingredients to help you cook delicious meals, but some investors are considering its shares unsavory. The meal kit delivery company, which went public on the New York Stock Exchange last week, has had a rough debut on the stock market. After significantly lowering its IPO price range, the company priced its IPO at $10 per share. The stock closed Wednesday below $9. Read More

  • Qonto launches its digital bank accounts for small companies

    Qonto launches its digital bank accounts for small companies

    French startup Qonto has raised another $11.3 million (€10 million) from existing investors Valar Ventures and Alven Capital. The company is now also open for business. You can now create a French business bank account on the company’s website. Qonto wants to become the N26 of business accounts. While retail banking hasn’t changed quickly enough over the past few years, it feels… Read More

  • Will Blue Apron’s rebound continue?

    Will Blue Apron’s rebound continue?

    Cooking kit delivery company Blue Apron traded up 3.5% on the stock market Monday, erasing some of the losses from its first two days as a public company. Shares closed at $9.67, which was still beneath last week’s $10 IPO price. This is in contrast to a lot of public debuts, where companies are typically in the green for the first day “pop.” It’s the subsequent days… Read More

  1. ...
  2. 2
  3. 3
  4. 4
  5. ...