canaan
In a slowing market, venture investor Canaan still closes $850M across two new funds
The market is slowing down, but that’s not stopping Canaan, a 35-year-old early-stage venture firm that invests in both tech and healthcare. It just closed on $850 million in capital…
Lily AI lands new capital to help retailers match customers with products
During the pandemic, retailers were forced to embrace e-commerce. But some found that they struggled to maintain customer loyalty as consumer expectations changed and purchasing patterns shifted. As a result…
Mosey secures fresh capital to help companies comply with payroll rules
It’s clear that remote and hybrid work are here to stay — the pandemic forever changed the way many companies do business. But it’s introduced roadblocks from an HR perspective.…
Earnipay raises $4M to help employees in Nigeria get faster access to their salaries
Earnipay, a fintech that provides flexible and on-demand salary access to income-earners, has raised $4 million in seed financing led by early-stage venture capital firm Canaan. Participating investors include XYZ…
Withco closes on $32M to help SMBs become property owners with a lease-to-own model
Growing up, Kevin Song witnessed his Korean immigrant parents build and grow a grocery store business in Brooklyn, New York. To the family, he recalls, the business was more about…
Plant-based cereal startup OffLimits pours $2.3M into new products
For Emily Elyse Miller, founder and CEO of OffLimits, launching during a global pandemic was “interesting to navigate,” but in the end, worked out.
Sales readiness platform MindTickle raises $100 million led by SoftBank Vision Fund 2
MindTickle, a startup that is helping hundreds of small and large firms improve their sales through its eponymous sales readiness platform, said on Monday it has raised $100 million in…
Featured Article
3 VCs discuss the state of SaaS investing in 2020
Yesterday during Disrupt 2020 I sat down with three investors who know the SaaS startup market very well, hoping to get my head around how hot things are today. Coming on the heels of the epic Snowflake IPO (more to come on that in this weekend’s newsletter), it was a great time for a chat.…
Featured Article
Why e-commerce startups aren’t raising more funding during this historic boom
After yesterday’s look into the somewhat lackluster pace of investment into e-commerce-focused startups this year, a few VCs sent in notes that added useful context. So this morning let’s discuss why the pace of e-commerce startup fundraising has been so milquetoast in 2020. The Exchange explores startups, markets and money. You can read it every…
Lily AI raises a $12.5M Series A led by Canaan to accelerate its e-commerce recommendation tech
Lily AI, a startup focused on using deep learning to help brands better convert customers through emotionally tailored recommendations, announced this morning that it has raised a $12.5 million Series…
