TCV

From zero to Employment Hero

In a startup world where down rounds prevail and much beyond low-million Series A raises are practically (but not totally) unheard of, those rare megabuck funding rounds stand out just that little bit

Filings reveal PE and VC returns amid escalating write-downs

Some high-profile venture capital and private equity firms are slashing the valuation of their holdings, causing billions in apparent profits to evaporate as the economic downturn undermines the susta

Avalor wants to unify cybersecurity tools by aggregating data

Security has a data problem. That’s according to Kfir Tishbi, who led the engineering team at Datorama, a marketing analytics company that was acquired by Salesforce in 2018. Tishbi — who

Equity Monday: If you don’t want to be criticized for your editorial choices, don’t make editorial choices

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This Monday show actually felt a bit old-school, in that the w

TCV, looking to bond with younger startups, has raised a new $460 million fund to back them

Over the last decade, late-stage and crossover funds have faced sharper elbows from a wider number of non-traditional market participants that write checks to maturing but still-private companies. A l

Asia HR tech platform Darwinbox becomes unicorn with TCV-led $72 million funding

HR tech platform Darwinbox has more than tripled its valuation to become a unicorn in a new $72 million funding round as the Indian startup leads what an investor calls the “SaaSification of Asia”

Fintech Brex confirms $12.3B valuation, snaps up Meta exec to serve as its head of product

In the latest fintech megaround, Brex has confirmed that it has raised $300 million in a Series D-2 round that ups its valuation to $12.3 billion. TechCrunch in October was the first to report that Br

Business banking startup Qonto raises $552 million at $5 billion valuation

French startup Qonto has raised a $552 million Series D funding round (€486 million). Following this investment, the startup has reached a valuation of $5 billion (€4.4 billion). This is one of th

Indian fintech giant Razorpay valued at $7.5 billion in $375 million funding

Razorpay has more than doubled its valuation to $7.5 billion from $3 billion in April as one of India’s largest fintech giants demonstrates fast growth and aggressively broadens its product offering

Indian logistics SaaS startup FarEye raises $100 million

FarEye, an Indian SaaS startup that helps firms globally optimize their supply chain and logistics operations, said on Tuesday it has raised a new financing round, its third since the pandemic broke l

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 tech compan

Why calendar invites are worth $3B

Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Danny and Alex and Grace hopped online for our we

TCV closes record $4B fund to invest in e-commerce, fintech, edtech, travel and more

The pandemic has spelled economic setbacks for many people and industries, but the capital swirling about the technology world continues to roar along. In the latest development, TCV — the stori

Mambu raises $135M at a $2B+ valuation for a SaaS platform that powers banking services

Challenger banks, incumbent banks and all of the many businesses that are making inroads into any kind of banking service all have something in common: when it comes to launching a new product like a

OneTrust nabs $300M Series C on $5.1B valuation to expand privacy platform

OneTrust, the four-year-old privacy platform startup from the folks who brought you AirWatch (which was acquired by VMmare for $1.5 billion in 2014), announced a $300 million Series C on an impressiv

Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools

Businesses today feel, more than ever, the imperative to have flexible e-commerce strategies in place, able to connect with would-be customers wherever they might be. That market driver has now led to

Strava raises $110 million, touts growth rate of 2 million new users per month in 2020

Activity and fitness tracking platform Strava has raised $110 million in new funding, in a Series F round led by TCV and Sequoia, and including participation by Dragoneer group, Madrone Capital Partne

‘Edtech is no longer optional’: Investors’ deep dive into the future of the market

One reason some venture capitalists and founders don’t enter edtech is because the space has a sluggish stereotype, thanks to red tape, slow sales cycles, and, in America, a fragmented customer base

8 edtech investors talk reskilling, digital universities, ISAs and other post-pandemic trends

We know that the coronavirus has brought unprecedented attention to the edtech market, but now what? What happens when schools are no longer clambering toward an overnight solution? When the surges sl

Restaurant management platform Toast cuts 50% of staff

Last valued at $5 billion, restaurant management platform Toast has joined the sweep of startups laying off employees due to the economic impact of the COVID-19 pandemic. Toast reduced the size of its
Load More