Y Combinator

YC-backed Cashfree raises $35.3 million for its payments platform

Cashfree, an Indian startup that offers a wide-range of payments services to businesses, has raised $35.3 million in a new financing round as the profitable firm looks to broaden its offering. The Ban

Reddit appoints second Black board member this year

Reddit has appointed to its board of directors Paula Price, who has served on the board of six public companies, including Accenture and Deutsche Bank. Price’s appointment makes her one of two B

Datafold raises seed from NEA to keep improving the lives of data engineers

Data engineering is one of these new disciplines that has gone from buzzword to mission critical in just a few years. Data engineers design and build all the connections between sources of raw data (y

Weather forecasts get an AI update with Atmo as businesses grapple with climate-related catastrophes

“Almost every business on earth is affected by weather,” says Alexander Levy, an investor serial entrepreneur whose latest company is the new weather prediction startup Atmo. The company,

LA-based A-Frame, a developer of celebrity-led personal care brands, raises cash for its brand incubator

A-Frame, a Los Angeles-based developer of personal care brands supported by celebrities, has raised $2 million in a new round of funding led by Initialized Capital. Joining Initialized in the round is

Mozart Data lands $4M seed to provide out-of-the-box data stack

Mozart Data founders Peter Fishman and Dan Silberman have been friends for over 20 years, working at various startups, and even launching a hot sauce company together along the way. As technologists,

Explo snags $2.3M seed to help build customer-facing BI dashboards

Explo, a member of the Y Combinator Winter 2020 class, which is helping customers build customer-facing business intelligence dashboards, announced a $2.3 million seed round today. Investors included

Pandemic’s impact disproportionately reduced VC funding for female founders

The last few quarters did not play out as as expected for venture capitalists or entrepreneurs; instead of a pandemic-fueled recession that cauterized the flow of private investment into startups, the

Leena AI nabs $8M Series A as it expands from chatbots to HR service platform

When we covered Leena AI as a member of the Y Combinator Summer 2018 cohort, the young startup was firmly focused on building HR chatbots, but in the intervening years it has expanded the vision to a

Commissary Club wants to help formerly incarcerated people find community

Y Combinator -backed employment platform 70 Million Jobs is launching a new social network geared toward helping formerly incarcerated individuals connect with each other. While 70 Million Jobs focuse

Developer productivity tools startup Raycast raises $2.7M from Accel

Workplace SaaS tools for teams have seen rocket ship growth in the past several years, and that adoption has given rise to a host of software tools geared toward improving individual productivity. Man

India’s WareIQ raises $1.65M for its Amazon-like delivery platform for sellers

Despite e-commerce firms Amazon and Walmart and others pouring billions of dollars into India, offline retail still commands more than 95% of all sales in the world’s second largest internet market.

Goodcover, the YC-backed insurance startup, raises $7.5 million in Series A

YC-backed Goodcover, the insurtech startup that looks to pass unused premiums back to the policyholder, is today announcing the close of a $7.5 million Series A funding round. The funding was led by G

CoreCare raises $3 million for managing billing and payments from public health benefit providers

CoreCare, a provider of revenue management services for healthcare companies dealing with public health benefit providers, has raised $3 million in a seed financing round. The company, which uses mach

Dallas’ ShearShare has a marketplace connecting stylists with available seats at salons and $2.3 million in funding

Courtney Caldwell and her husband Tye have been building the Dallas-based startup ShearShare, which provides a marketplace service connecting stylists with open seats at hair salons, since 2017. Since

Human Capital: Court ruling could mean trouble for Uber and Lyft as gig workers may finally become employees

Welcome back to Human Capital! As many of you know, Human Capital is a weekly newsletter where I break down the latest in labor, as well as diversity and inclusion in tech. It’s officially avail

Here.fm raises $2.9 million to reimagine video chat

Here.fm, a new web-based communication platform founded by Jesse Boyes and Seth Harris, has today announced the close of a $2.9 million seed round from FirstMark with participation by Y Combinator and

SoftBank’s $100 million diversity and inclusion fund makes its first bet … in health

SoftBank’s Opportunity Fund has made the health insurance startup Vitable Health the first public commitment from its $100 million fund dedicated to investing in startups founded by entrepreneur

Index nabs $2.6M seed to create BI dashboards without coding

Index founders, Xavier Pladevall and Eduardo Portet, have been friends since they were small children in the Dominican Republic. Both came to college in the U.S., and last year the two decided to laun

Ready Set Raise, an accelerator for women built by women, announces third class

In 2018, Leslie Feinzaig, the founder of Female Founders Alliance, launched a free, equity-free accelerator for women called Ready Set Raise. The goal was to provide under-networked female founders th
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