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StartUp

It’s easy to remember the big names in tech. But we often forget about the operators who help them along the way. When it comes to the person behind the person, few are as notable and experienced as Brooke Hammerling.
I sat down with the Brew PR founder (and new pop culture newsletter author), who sold her firm to Freuds in 2016 for $15 million, to
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Read more: Brooke Hammerling on how early-stage startups should think about PR
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Grover, the Berlin-based startup that offers “pay-as-you-go” subscriptions to the latest consumer tech, including e-scooters, has closed a new “asset-backed” financing deal, topping up an existing debt facility with Varengold Bank to a total of €250 million.
The additional capital will fuel the next phase of growth as the German company has entered
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Read more: Grover tops up debt facility to €250M to scale its renting model for consumer electronics
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Equinix announced today that it is acquiring bare metal cloud provider Packet, the New York City startup that had raised over $36 million on a $100 million valuation, according to PitchBook data.
Equinix has a set of data centers and co-location facilities around the world. Companies that may want to have more control over their hardware could use
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Read more: Equinix is acquiring bare metal cloud provider Packet
Write comment (95 Comments)French startup Lydia is raising a $45 million Series B round (€40 million). Tencent is leading the round with existing investors CNP Assurances, XAnge and New Alpha also participating.
If you live in France, chances are you already know Lydia quite well. The company has become a ubiquitous mobile payment app, especially for people under 30 years
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Read more: Mobile payment app Lydia raises $45 million round led by Tencent
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Anyline, the Vienna-based provider of optical character recognition (OCR) technology that developers use to build OCR functions into their websites and apps, has raised $12 million in Series A funding. The company has also unveiled plans for a U.S. expansion.
Leading the round is Berlin-based VC firm Project A, with participation from Anyline’s exis
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Codagenix, a company developing vaccines and viral therapies for illnesses ranging from the flu and respiratory viruses to dengue fever, has raised $20 million in a new round of financing.
The company’s new investment round was led by Adjuvant Capital, with additional participation from Euclidean Capital and Topspin Partners .
Codagenix will use
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Read more: Codagenix raises $20 million for a new flu vaccine and other therapies
Write comment (92 Comments)One of the most valuable resources in the tech startup community is mentorship. Founders, tackling brand new challenges and adapting to a rapidly changing world, can sometimes feel like no one understands what they’re going through.
But alas, the Early Stage SF event in April will most certainly prove them wrong. Early Stage will bring together
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Read more: Sophie Alcorn, Rebecca Lynn, MG Siegler and Garry Tan are joining us for Early Stage SF
Write comment (93 Comments)Oviva, the health tech startup that provides a digital solution for Type 2 diabetes treatment in Europe, has raised $21 million in Series B funding.
Leading the round is MTIP, with participation by new investor Earlybird, and existing investors AlbionVC, F-Prime Capital, Eight Roads Ventures and Partech.
Oviva says the new capital will be used to
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Read more: Oviva scores $21M Series B to bring its digital diabetes treatment to more of Europe
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Oscar Health, the upstart healthcare insurance company and technology developer, expects to have roughly 400,000 members insured under its healthcare plans, who collectively will bring in roughly $2 billion in revenue for the company by the end of 2020, according to slides of a presentation from the JP Morgan Healthcare conference seen by
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ActionIQ co-founder and CEO Tasso Argyros knows there are plenty of companies promising to help businesses use their customer data to deliver personalized experiences — as he put it, “The space has gotten very, very hot over the last couple of years.”
But in the face of growing competition, ActionIQ (founded in 2014 and headquartered in New York)
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Read more: Customer data platform ActionIQ raises $32M
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For Silicon Valley’s potential startup millionaires, compensation packages staked on future promises of wealth are where the action is. But what happens when these employees get laid off or have to leave before an exit?
When Wouter Witvoet left a startup that he had joined as employee #4, he felt relatively prepared, having set aside $50,000 to
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Read more: Paper-rich startup employees look for ‘pre-wealth’ help to lock down stock options
Write comment (90 Comments)Seventy-five-million-dollar-funded legal services startup Atrium doesn’t want to be the next company to implode as the tech industry tightens its belt and businesses chase margins instead of growth via unsustainable economics. That’s why Atrium is laying off most of its in-house lawyers.
Now, Atrium will focus on its software for startups
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Read more: Atrium lays off lawyers, explains pivot to legal tech
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FlashParking, an Austin-based developer of parking management software and services, has raised $60 million in new financing from the private equity investment firm L Catterton.
The company’s software, first launched in 2011, provides real-time data and variable pricing options for parking space providers.
FlashParking’s CEO and co-founder, Juan
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Read more: Austin-based FlashParking raises $60 million for parking management technology
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One of the enduring truths of big companies is that they aren’t innovative. They are “innovative” in the marketing sense, but fail to ever execute on new ideas, particularly when those ideas cannibalize existing products and revenues.
So it often takes a real competitor to force these incumbent, legacy businesses to evolve in any meaningful way.
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Read more: Don’t be a selfless startup
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You better move fast if you want to party with us and 1,000 of your closest startup entrepreneur and investor friends. We just released a fresh round of tickets to our 3rd Annual Winter Party at Galvanize in San Francisco on February 7. Tickets are limited, and they fly off the shelf faster than you can say seed funding. Don’t get shut out — buy
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Read more: Grab ’em quick: More tickets released for 3rd Annual Winter Party at Galvanize
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Verbit, a Tel Aviv and New York-based startup that provides AI-assisted transcription and captioning services to professional users, today announced that it has raised a $31 million Series B round led by growth equity firm Stripes. Existing investors Viola Ventures, Vertex Ventures, HV Ventures, Oryzn Capital and ClalTech are also participating in
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Read more: Verbit raises $31M Series B to expand its transcription and captioning service
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Google announced today that it is buying AppSheet, an eight-year-old no-code mobile-application-building platform. The company had raised more than $17 million on a $60 million valuation, according to PitchBook data. The companies did not share the purchase price.
With AppSheet, Google gets a simple way for companies to build mobile apps without
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Read more: Google acquires AppSheet to bring no-code development to Google Cloud
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Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
Today we’re working to figure something out, namely the tradeoffs that D2C unicorn (and soon to be public company) Casper faces as it seeks to balance growth and profitability. And then we’re going to stack it next to its most o
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Read more: Casper’s IPO could be a bellwether for unprofitable startups in the post-WeWork era
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Zinier, a startup that is bringing automation to the field service management realm, announced today that it has raised $90 million in fresh funding as it looks to tackle new categories and court more clients.
The San Francisco-based startup said its $90 million Series C financing round was led by ICONIQ Capital, and saw participation from Tiger
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Read more: Zinier raises $90M to automate field service management
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For the first time, this year Delta Air Lines had a large presence at CES. The carrier used much of its space to highlight the “parallel reality” screens developed by Misapplied Sciences and Sarcos Robotics, which brought its latest Guardian exoskeleton. At the show, I sat down with COO Gil West, an industry veteran with years of experience at a nu
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Read more: Delta Air Lines’ startup partnerships are fueling innovation
Write comment (92 Comments)Good morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Regular Equity episodes still drop Friday morning, so if you’ve listened to the show over the years don’t worry — we’re not changing the main show. (Here’s last week’s episode with Danny Crichton, which was a lot of fun.)
What was on
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Read more: Equity Monday: Away’s CEO plans comeback while SaaS valuations rise and epiFI raises
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Submissions for The Europas Awards 2020 have now opened. We’re back for our 11th year of recognizing the hottest tech startups across the European tech scene, as supported by TechCrunch.
The awards evening will be held on 25 June 2020 in London, U.K., at the Museum of the Home (formerly known as the Geffrye Museum). Earlier in the day, we will be
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Read more: Submissions for The Europas Tech Startups Awards are now open
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Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
Today we’re continuing our series on companies that have reached the $100 million annual recurring revenue (ARR) threshold, or are about to. ExtraHop is the company of the day, a Seattle-based firm that deals with cloud analytics
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Read more: Seattle’s ExtraHop expects $100M ARR in 2020, IPO the following year
Write comment (97 Comments)The tours and experiences market is projected to be worth $183 billion this year, and today a startup that has made inroads into the space through bootstrapping is announcing its first outside investment.
ToursByLocals — which sources local guides in some 162 countries, then helps tourists search and book them for either individual or small group t
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Read more: ToursByLocals snaps up its first funding, C$33M, to link sightseers with guides globally
Write comment (92 Comments)Not the city, the $57 million-funded cryptocurrency custodian startup. When someone wants to keep tens or hundreds of millions of dollars in Bitcoin, Ethereum, or other coins safe, they put them in Anchorage’s vault. And now they can trade straight from custody so they never have to worry about getting robbed mid-transaction.
With backing from Visa
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Read more: The crypto rich find security in Anchorage
Write comment (93 Comments)Tradeshift — the startup which set out to disrupt the traditional arena of supply chain payments and marketplaces when it first appeared in 2008 — has today announced a new funding round of $240 million in equity and debt, raised from a combination of existing and new investors.
The funding will be used to help accelerate its growth and, it says,
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Read more: Tradeshift raises $240M and appears to put its expected IPO on hold — for now
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Skyqraft, a Swedish startup using AI and drones for electricity power-line inspection, has picked up $505,000 in early backing.
Leading the round is “startup generator” and investor Antler, with participation from a number of angels, including Claes Ekström and Tomas Kåberger.
Founded in March 2019 and launched that September, Skyqraft provides
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The venture-backed insurance world is more than the Lemonades and MetroMiles of the world. There’s more room in the industry for startups to shake things up. One such company, Cambridge-based Insurify, is out today with a new venture round that greatly expands its capital base.
The startup, which had accepted just $6.6 million over two rounds
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Read more: Insurify raises $23M Series A to add new coverage varietals, boost its marketing efforts
Write comment (95 Comments)Google acquires Pointy, a startup to help brick-and-mortar retailers list products online, for $163M
Google has been on a long-term mission to build inroads into the world of e-commerce by working more closely with brick-and-mortar retailers, and now it looks like it plans to extend that work a little further. The search giant is acquiring Pointy, a startup out of Dublin, Ireland, which has built hardware and software technology to help physical
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Jolt, an education startup that describes itself as an alternative to traditional MBA courses, has raised $14.1 million in Series A funding.
The round is led by Balderton Capital, with participation from Hillsven Capital and Octopus Ventures. It brings Jolt’s total funding to $23.3 million in three years.
The company plans to use the additional
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Read more: Jolt raises $14.1M for its ‘pay-monthly’ business school
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