01 advisors

Featured Article

01 Advisors, founded by Dick Costolo and Adam Bain, just closed on $395M more

You might imagine that if two former Twitter chieftains and a longtime C-suite Facebook exec agreed to build a venture firm together, they would chase after nascent social networks. You’d be wrong. 01 Advisors, an outfit founded in 2018 by former Twitter CEO Dick Costolo and former Twitter COO and president Adam Bain, tells TechCrunch…

1:10 pm PST • November 7, 2023
01 Advisors, founded by Dick Costolo and Adam Bain, just closed on $395M more

Black Friday is typically a big SMS day, but Memorial Day was the company’s largest SMS sending day this year with between 30 and 40 million texts sent.

Postscript takes in $65M so Shopify merchants can send more personalized texts to customers

BrightHire, a startup that wants to transform the way people are hired inside organizations, announced a $20.5 million Series B investment today led by 01 Advisors, with participation from Index…

BrightHire scores $20.5M Series B for Zoom-based job interview app

The company is creating its own MLS for the regions and applies technology to the expertise provided by local customer services experts who assist from the initial search to closing…

Nomad Homes raises $20M to create a personalized house hunting platform for Europe, Middle East

Slice, a startup that helps independent pizzerias build an online business, has raised another $40 million in Series D funding. The round was led by Cross Creek, with participation from…

Slice raises $40M to power ordering and marketing for independent pizzerias

Dick Costolo and Adam Bain, renowned early Twitter execs who served as the company’s CEO and its chief operating officer, respectively, have quietly closed a second venture fund just one-and-a-half…

01 Advisors, the venture firm of Dick Costolo and Adam Bain, has closed fund two with $325 million

Earlier this year, the founders of Stream,  a five-year-old, 60-person startup with offices in Boulder and Amsterdam, weren’t feeling so great about their prospects. As COVID-19 began its spread in…

Stream, whose APIs help product teams build chat and activity feeds fast, just raised a $15 million Series A round

MasterClass, a startup that sells celebrity-taught classes to people, has raised $100 million in a Series E round. The round was led by Fidelity Management & Research Company with participation…

MasterClass just raised $100 million for celebrity-fueled content

Electric, a platform that aims to put IT departments in the cloud, today announced new funding following a continuation of its Series B earlier this year. Dick Costolo and Adam…

Electric gets another $7 million in funding from 01 Advisors and the Slack Fund

Electric, the platform that delivers IT services to small and medium businesses, has today announced that it has raised an additional $14.5 million on its Series B from 01 Advisors,…

Electric reopens Series B to make room for Dick Costolo and Adam Bain