Canaan Partners

Profitable car rental service Turo is still ready for an IPO, but its growth cratered in 2023

Turo, the venture-backed, peer-to-peer car rental service, reported its fourth-quarter and full-year financial performance this week in an updated IPO filing. The company first filed an S-1 to go publ

Diligent raises $25 million to triple its nursing robot’s reach

The pandemic had a profound impact on countless careers, but few jobs were hit quite like nursing. As hospitals overflowed, staff was forced to take on impossible long shifts, risking their own health

Savvy, a platform to secure SaaS apps, launches out of stealth with $30M

Software-as-a-service (SaaS) apps are an essential part of how many companies do business. But when the number of apps grows beyond a certain threshold, it can be difficult to secure them. According t

Komprise raises $37M to help companies index, manage and transform data

In the enterprise, there’s been an explosive growth of data — think documents, videos, audio files, posts on social media and even emails. According to a Matillion and IDG survey, data vol

Leanplum acquired by CleverTap as retention marketing platforms consolidate

CleverTap, a retention marketing platform which has raised $76.6 million to date, is to fully acquire Bulgarian-originated but San Francisco-based Leanplum, a customer engagement platform which has ra

Cayena delivers inventory marketplace for food preparation businesses

Cayena is injecting technology into the Brazilian food procurement process for restaurants, bars, bakeries, hotels and dark kitchens that still much of their ordering with pen and paper.

Taptap Send raises $65M to build cross-border remittances focused on the most underserved markets

Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off t

Jina.ai raises $30M for its for its neural search platform

Berlin-based Jina.ai, an open source startup that uses neural search to help its users find information in their unstructured data (including videos and images), today announced that it has raised a $

Countable brings in $12M for virtual brand communities

Countable is taking a cue from the positives of social media to build technology that nurtures more authentic communication and facilitates business and social outcomes.

Ladder raises $100M on a $900M valuation for a platform selling flexible term life insurance

Life insurance has had a new lease on life in the era of insuretech, and today one of the companies building a business out of rethinking everything — from target customers through to how to pro

Fintech startup Tag valued at $100 million in Pakistan’s largest seed round

Tag, a one-year-old startup that offers banking and financial services to users in Pakistan, has raised over $12 million in what is now the largest seed financing round in the South Asian market. Libe

Bzaar bags $4M to enable US retailers to source home, lifestyle products from India

Bzaar, a business-to-business cross-border marketplace, is connecting retailers with over 50 export-ready manufacturers in India.

Tropic picks up $25M to streamline software procurement experiences

The pandemic was a catalyst for showing companies looking to cut costs, just how much they were spending on their software tools.

Canopy raises $15M Series A after posting 4.5x customer growth in H1 2021

Canopy's leaders expect focused fintech products to win out over large bundles of services.

Commercial real estate lending startup Lev brings in $30M on a $130M valuation

Commercial real estate has been slow to embrace technology, with most deals still paper-heavy and complicated.

Khosla’s Adina Tecklu breaks down how to nail your pitch

It's so critical to frame the problem from your perspective. And I also think that this is a really great opportunity to introduce emotion to really build a more compelling story.

Taptap Send gets $13.4M for a no-fee money transfer service aimed at price-conscious emerging market users

Remittances — specifically when people in developed countries send money to family or friends in emerging markets — continue to be a huge lever to help those in more challenging economies

Spotify acquires Podz, a podcast discovery platform

Podcasts are all the rage, but podcast discovery is a challenge. Today, Spotify announced its acquisition of Podz, a startup that’s trying to solve the problem of podcast discovery. “At Sp

Construction robotics firm Dusty raises $16.5M

It certainly follows then that some leading construction robotics companies are able to strike while the iron is hot with some healthy raises. Today, Bay Area-based Dusty Robotics announced a $16.5 mi

Fashion wholesale marketplace JOOR opens China office

JOOR, an online marketplace that connects fashion brands and retailers around the world, has opened its first China office in downtown Shanghai as it eyes growth in the region. The 11-year-old New Yor
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