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LaunchDarkly CEO Edith Harbaugh explains why her company raised another $54M

LaunchDarkly CEO Edith Harbaugh explains why her company raised another M This week, LaunchDarkly announced that it has raised another $54 million. Led by Bessemer Venture Partners and backed by the company’s existing investors, it brings the company’s total funding up to $130 million. For the unfamiliar, LaunchDarkly builds a platform that […]

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SpinLaunch spins up a $35M round to continue building its space catapult

SpinLaunch spins up a M round to continue building its space catapult SpinLaunch, a company that aims to turn the launch industry on its head with a wild new concept for getting to orbit, has raised a $35M round B to continue its quest. The team has yet to demonstrate their kinetic […]

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Copilot is a subscription personal finance tracker aiming to kill Mint

Copilot is a subscription personal finance tracker aiming to kill Mint When Intuit acquired Mint more than a decade ago, mobile was in a different place — as were tech-enabled financial services. There hasn’t been much progress for the personal finance tracker app category in the meantime. Mint has stumbled along with […]

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SiteMinder raises $70M at $750M valuation after cresting $70M ARR in 2019

SiteMinder raises M at 0M valuation after cresting M ARR in 2019 Today SiteMinder, an Australian software company focused on the hotel industry, announced a $70 million (USD) round that values the company at $750 million. That’s about $1.08 billion in Australian dollars, making the firm a Down Under Unicorn, even if […]

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Allen Institute for AI’s Incubator expands with $10M fund from high-profile VCs

Allen Institute for AI’s Incubator expands with M fund from high-profile VCs The Allen Institute for AI (AI2) started its incubator up two years ago, helping launch companies like Xnor.ai, Blue Canoe, and WellSaidLabs. Their success has attracted funding from not just local Seattle VC outfit Madrona, but Sequoia, Kleiner Perkins, and […]

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Bolt raises €50M in venture debt from the EU to expand its ride-hailing business

Bolt raises €50M in venture debt from the EU to expand its ride-hailing business Bolt, the billion-dollar startup out of Estonia that’s building a ride-hailing, scooter and food delivery business across Europe and Africa, has picked up a tranche of funding in its bid to take on Uber and the rest in […]

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Insurify raises $23M Series A to add new coverage varietals, boost its marketing efforts

Insurify raises M Series A to add new coverage varietals, boost its marketing efforts 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 […]

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Former Google Pay execs raise $13.2M to build neo-banking platform for millennials in India

Former Google Pay execs raise .2M to build neo-banking platform for millennials in India Two co-founders of Google Pay in India are building a neo-banking platform in the country — and they have already secured backing from three top VC funds. Sujith Narayanan, a veteran payments executive who co-founded Google Pay in […]

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Lucky coffee, unicorn stumbles, and Sam Altman’s YC wager

Lucky coffee, unicorn stumbles, and Sam Altman’s YC wager Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week we had TechCrunch’s Alex Wilhelm and Danny Crichton on hand to dig into the news, with Chris Gates on the dials and more […]

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ClassPass, finally a unicorn, raises $285 million in new funding

ClassPass, finally a unicorn, raises 5 million in new funding ClassPass has today announced the close of a $285 million Series E funding round led by L Catterton and Apax Digital, with participation from existing investor Temasek. This latest round brings ClassPass’s valuation to $1 billion. We had heard this round was […]

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