D1 Capital Partners
Dutchie Pay wants to help you stop paying in cash for your cannabis
Dutchie Pay is a payment solution designed for the very specific requirements of the legal cannabis market in the U.S. but also indicative of the wider problems faced by cash-based…
Multiverse nabs $220M at a $1.7B valuation to expand its tech apprenticeship platform
We’ve been tracking a worrying trend of layoffs in the technology industry, but that is not the full story. There is, concurrently, a wave of organizations that are also in…
Anduril is raising up to $1.2B, sources say at a $7B pre-money valuation, for its defense tech
Technology built to improve state resilience — be it in the form of cybersecurity, energy independence, national defense or something else entirely — has come into stronger focus in the…
Crypto infrastructure company Fireblocks nearly quadruples valuation to $8B in six months
Crypto custody platform Fireblocks is quite possibly “the most successful and least-known company in the blockchain space,” as described by its co-founder and CEO Michael Shaulov in an interview with…
Wayve raises $200M Series B led by Eclipse for its AI for autonomous delivery vehicles
British autonomous vehicle startup Wayve has raised a $200 million Series B funding round from investors to scale its technology and expand its partnerships with commercial fleets. Wayve is aiming…
Flush with new capital, Foxtrot’s ‘convenience store of the future’ is coming to a location near you
Foxtrot is reimagining the convenience store experience by seeking out the best food items by local artisans along with its core offerings of coffee, ready-to-eat cafe meals and wine.
Warby Parker makes it clear that direct listings are unicorn-friendly
Warby Parker not only listed, but did so at a price point that was above its final private-market valuation, and its shares appreciated rapidly during its first day of trading.
Multiverse, the tech-focused apprenticeship startup, nabs $130M at an $875M valuation
After rebranding from White Hat and raising $44 million earlier this year, tech apprenticeship startup Multiverse has raised another round of funding. The company today announced that it has closed…
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D2C specs purveyor Warby Parker files to go public
Warby Parker has two main sales channels, largely attractive economics, falling losses and rising adjusted profitability. You could even argue it handled the pandemic well. So what’s it worth?
Rivian raises another $2.5B, pushing its EV war chest up to $10.5B
Rivian announced Friday that it has closed a $2.5 billion private funding round led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor and funds and accounts advised by…
Anduril raises $450M as the defense tech company’s valuation soars to $4.6B
The AI-powered defense company founded by tech iconoclast Palmer Luckey has landed a $450 million round of investment that values the startup at $4.6 billion just four years in. In…
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Brazil’s Loft adds $100M to its accounts, $700M to its valuation in a single month
Nearly exactly one month ago, digital real estate platform Loft announced it had closed on $425 million in Series D funding led by New York-based D1 Capital Partners. The round included participation from a mix of new and existing investors such as DST, Tiger Global, Andreessen Horowitz, Fifth Wall and QED, among many others. At the…
Community banks and credit unions aim to be the heart of the, well, communities, they serve. But without the big budgets of larger institutions, keeping up technology-wise can be a…
Mexican unicorn Kavak raises a $485M Series D at a $4B valuation
Kavak, the Mexican startup that’s disrupted the used car market in Mexico and Argentina, today announced its Series D of $485 million, which now values the company at $4 billion.…
OneStream raises $200M, now valued at $6B after its enterprise-focused financial software sees a surge of use
Digital transformation is the name of the game these days, and companies that are enabling businesses to take a leap into the future, by helping them tackle their most complex…
Uruguayan payments startup dLocal quadruples valuation to $5B with $150M raise
Cross-border payments startup dLocal has raised $150 million at a $5 billion valuation, less than seven months after securing $200 million at a $1.2 billion valuation. This means that the…
Indian fantasy sports app Dream11’s parent firm raises $400 million
Dream Sports, the parent firm of fantasy sports app Dream11, has secured $400 million in a new financing round as the Mumbai-headquartered firm builds what it calls an “end-to-end sports…
‘Instant needs’ delivery startup goPuff raises $1.15B at an $8.9B valuation
Last fall, delivery startup goPuff made a big splash by raising $380 million in funding and acquiring West Coast beverage retailer BevMo shortly afterwards. Just a few months later, the Philadelphia-based…
Real estate platform Loft raises $425M at a $2.2B valuation in one of Brazil’s largest venture rounds
Buying and selling residential real estate is a complex business, no matter where you live. A slew of startups in the United States are focused on streamlining that process for…
Squarespace has raised $300 million in a round of funding that values the company at a staggering $10 billion valuation. New backers include Dragoneer, Tiger Global, D1 Capital Partners, Fidelity…
On-demand grocery delivery platform Instacart has raised a $265 million funding round from existing investors, including Andreessen Horowitz, Sequoia Capital, D1 Capital Partners and others. The new funding, which, like…
Shippo raises $45M more at $495M valuation as e-commerce booms
This morning Shippo, a software company that provides shipping-related services to e-commerce companies, announced a new $45 million investment. The new capital values the startup at $495 million. TechCrunch is…
Bolt raises $182M to expand its on-demand transportation network in Europe and Africa
In the midst of a major second wave of coronavirus infections across Europe, an Estonian startup that’s building an on-demand network to move food and people around in cars, on…
GoPuff is a Philadelphia-headquartered startup that delivers products like over-the-counter medicine, baby food and alcohol (basically, the stuff you’d buy at a convenience store) in 30 minutes or less. Yakir…
Cazoo, the UK used car sales platform, raises another $311M, now valued at over $2.5B
A lot of people are opting to use cars instead of taking public transportation in the U.K. at the moment, as a way of ensuring more social distancing, and today…
Sneaker culture staple GOAT hits $1.75 billion valuation on new $100 million round
In this case, money, it really is the shoes. GOAT, the proprietor of online and physical retail locations for reselling the collectible kicks and kits that are the currency of…
Warby Parker, valued at $3 billion, raises $245 million in funding
Warby Parker, the optical e-commerce giant, has today announced the close of a $245 million funding round from D1 Capital Partners, Durable Capital Partners, T. Rowe Price and Baillie Gifford.…
TransferWise confirms new $5B valuation following $319M secondary share sale
TransferWise, the London-headquartered international money transfer service, is disclosing that it is now valued at $5 billion by private investors, confirming an earlier Sky News report. The new valuation represents…
