Fundraising

Thoras helps companies reach reliability without overspending on cloud costs

For years, twin sisters Nilo Rahmani and Jen Rahmani swapped stories — and commiserated — over the pain points they were facing in their respective engineering jobs. Nilo told TechCrunch that a frequent topic of conversation was about frustrations over the reliability platforms they were using at work. When they noticed the reliability landscape starting

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A 24-year-old who exited his first company to Coinbase, raises $3M for his next venture

At 24 years old, Pryce Yebesi already has one exit: selling his crypto invoicing company Utopia Labs to Coinbase for an undisclosed amount.  Some founders don’t just have one company in them. On Monday, Yebesi announced the launch of his new company, Open Ledger, which embeds automated accounting software into products enterprises and small businesses

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Clearwater agrees to buy investment management platform Enfusion for $1.5B

Clearwater Analytics, a company developing accounting, compliance, and risk reporting tools for asset managers, said on Monday it has entered into a definitive agreement to acquire investment management platform Enfusion for $1.5 billion. Clearwater, which says it has obtained an $800 million loan to fund the transaction, along with a $200 million revolving line of

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Moody’s agrees to acquire Cape Analytics, which develops geospatial AI for insurance providers

Financial services firm Moody’s announced on Monday that it has agreed to acquire Cape Analytics, a geospatial AI startup, for an undisclosed sum. The deal, which is expected to close in Q1, subject to customary closing conditions, will give Moody’s access to Cape’s geospatial AI analytics technology for insurance underwriting. With the tech, Moody’s plans

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More money comes to AI healthcare: Qventus nabs $105M at $400M+ valuation

Healthcare is proving to be one of the more lucrative industries for building AI solutions to speed up clinical, research and administrative operations. Now, we have one of the latest examples of how that is playing out in terms of venture funding. Qventus, a startup that builds AI-based tools to automate work across a range

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UK in-home healthcare provider Cera raises $150M to expand its AI platform

Around the world, public healthcare systems have struggled to reset post-pandemic, and in particular, the increasingly aged populations in Western countries are putting pressure on services, not least in the UK where ‘NHS in crisis’ is a regular headline in the media. As a result, private companies, many powered with technology, see a gap in

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Here are the five best pieces of founder advice I learned as a host of Found

After more than two years — and nearly 100 episodes — as a host of TechCrunch’s recently ended Found podcast, I have learned a lot about how founders approach building their startups. I’ve heard stories about how founders know when it is the right time to expand from their core product, to how startups approach

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Overhaul raises another $55M to help companies like Dyson and Microsoft fight supply chain theft

Businesses dependent on the physical supply chain — the network of facilities and transportation systems used to move materials from one location to another — chain face a number of challenges, from staff shortages to increasing customer expectations. The pressures aren’t easing up. According to a survey from Prologis, a real estate investment trust, two-thirds

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