ggv capital
Spend management firm Clara secures $60M amid rapid transaction growth in LatAm
Clara is working with 10,000 companies across Latin America and reports an annual run-rate of 5 million credit card transactions, equivalent to $1 billion.
Why GGV Capital’s Hans Tung is OK with 2023 being ‘the year of down rounds’
Despite a turbulent year, GGV managing partner Hans Tung is optimistic that there are "many large fintechs yet to be built."
Security compliance and automation platform Drata nabs $200M at $2B valuation
Drata, a security compliance and automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has raised $200 million in a Series C round of funding co-led by Iconiq Growth an
Former VC brings smart financial advice to people who really need it, instead of just the rich
Will Peng graduated from Princeton with about $35,000 in debt. He asked his immigrant parents what they thought the best approach would be for him to pay it off. “There were companies telling me t
GGV Capital latest to back Workstream’s goal of filling software gap for deskless workers
Recruitment and onboarding for deskless and hourly workers has always been a challenge, and one that startups have taken on in recent years. These employees are often always in demand due to tradition
Data analytics startup StarTree secures cash to expand its Apache Pinot-powered platform
StarTree, a company building what it describes as an “analytics-as-a-service” platform, today announced that it raised $47 million in a Series B round led by GGV Capital with participation
9count, maker of Wink and new dating app Summer, scores additional funding
Alex Hofmann once served as Musical.ly’s president, overseeing the North and South American markets for the TikTok precursor, then leaving shortly after the app exited to Chinese tech giant Byte
SoftBank, Sequoia China back this ERP startup enabling China’s online exporters
Thanks to cross-border e-commerce platforms, China continues to be a major exporter of consumer goods for the world in the online shopping age. It’s not just marketplaces like Amazon and AliExpr
Tencent veterans secure $13M to build cross-chain decentralized identities
There are many startups working on decentralized identities for the next generation of the internet. Four Tencent veterans want their offering .bit, an identity protocol built on the blockchain, to be
Mexican fintech startup Stori reaches unicorn status with $50M equity raise
While credit cards are ubiquitous in the U.S., they are far less so across Latin America, where people — especially lower-income members of the population — have historically relied on cas
Azota is solving exam headaches for Vietnam’s teachers
Creating and grading tests are some of the most time-consuming tasks teachers deal with. In Vietnam, a startup called Azota wants to help with an online software platform that not only helps educators
The rise of API-first companies, in fintech and beyond
It's not just in fintech that API solutions are on the rise — and helping solve a great range of problems.
Upwork co-founder launches Ergeon, a startup that builds fences
If you had told me that this week I’d learn about a fence-building company that employs 350 people and raised a total of $53 million, I’d ask you to pass the bong, because I want some of w
SoftBank co-led $66 million round for blockchain-focused InfStones
Despite shaky markets, a steady stream of investors continue writing big checks for blockchain infrastructure providers. InfStones, which aims to help clients build applications across a number of blo
Metaverse app BUD raises another $37M, plans to launch NFTs
BUD, a nascent app taking a shot at creating a metaverse for Gen Z to play and interact with each other, has raised another round of funding in three months. The Singapore-based startup told TechCrunc
ZMO.ai secures $8M led by Hillhouse to create AI generated fashion models
With breakthroughs in machine learning, it’s no longer uncommon to see algorithmically generated bodies that can move and talk authentically like real humans. The question is now down to whether
An early TikTok exec just launched a dating app, Spark
A former president at musical.ly (now known as TikTok), Alex Hofmann has already done something that seems impossible: He helped build an app that could compete with social giants like Meta, YouTube o
Zubale bags new capital to match gig workers with LatAm e-commerce fulfillment jobs
Now flush with new capital, the company plans to launch some embedded financial products for the independent workers using its marketplace.
China’s game engine Cocos raises $50M, goes beyond games
Cocos Technologies, a China-based game engine provider that has been around since 2010, just announced it has picked up $50 million in a Series B funding round in a bid to work on development and move
Wing Security launches its end-to-end SaaS security platform, raises $26M
As businesses increasingly rely on an ever-growing number of SaaS products, it has become imperative for security teams to get a better understanding of which applications a company’s employees