U.K. fintech Vitesse has closed a $93 million Series C round of funding led by investment giant KKR. KKR said it’s making the investment through its Next Generation Technology Growth Fund III, a $3 billion fund it closed last year. Founded out of London in 2013, Vitesse is the handiwork of Paul Townsend and Phil […]
When the founders of Sagetap, Sahil Khanna and Kevin Hughes, started working at early-stage enterprise software startups, they were surprised to find that the companies they worked at were trying to sell their innovative tech through old-school methods like repeated cold emails and calls. Khanna, a former product marketer, and Hughes, a former sales manager,
Sagetap looks to bring enterprise software sales into the 21st century Read More »
There’s apparently a lot of demand for an on-demand handyperson. Khosla Ventures and Pear VC have just tripled down on their investment in Honey Homes, which offers up a dedicated handyman to take care of all the random tasks on a homeowner’s to-do list. The company raised $9 million last June in a Series A
Khosla Ventures, Pear VC triple down on Honey Homes, a smart way to hire a handyman Read More »
More money for the generative AI boom: Y Combinator-backed developer infrastructure startup Recall.ai announced Thursday it’s raised a $10 million Series A funding round, bringing its total raised to over $12M. The startup has built infrastructure and a unified API that enables companies to access raw data from virtual meeting platforms like Google Meet, Microsoft Teams,
YC-backed Recall.ai gets $10M Series A to help companies use virtual meeting data Read More »
Embedded finance is usually what we hear about when brands and non-financial businesses want to offer financial products or services — like banking, insurance, lending and payments — to provide a better user experience for customers. Layer is leaning into that better user experience, but with embedded accounting. Its customers are those, like Square or
Embedded accounting startup Layer secures $2.3M toward goal of replacing Quickbooks Read More »
Accion, a global nonprofit, announced on Tuesday the launch of the Accion Digital Transformation Fund, a $152.5 million fund for large financial institutions, including microfinance serving small businesses currently excluded from the world’s financial system. The firm said in a statement that it will provide growth capital and strategic support to these companies for “digital
Venture capital has been hit hard by souring macroeconomic conditions over the past few years and it’s not yet clear how the market downturn affected VC fund performance. But recent data from the San Francisco Employees’ Retirement System (SFERS) give us something to chew on. SFERS’s venture portfolio recorded a -.9% internal rate of return
VC fund performance is down sharply — but it may have already hit its lowest point Read More »
DEEPX is a South Korean on-device AI chip (NPU, or neural processing unit) startup that makes hardware and software for various AI applications in electronic devices. The company announced this week that it has raised $80 million (KRW 108.5 billion) in a Series C round at a valuation of $529 million (KRW 723 billion), which has surged
AI chip startup DEEPX secures $80M Series C at a $529M valuation Read More »
We’ve all seen them. The inspector with a clipboard, walking around a building, ticking off the last time the fire extinguishers were checked, or if all the lights are working. They work in the TICC (Testing, Inspection, Certification and Compliance) space, and they literally tick boxes. And while the job may seem simple enough to
Checkfirst raises $1.5M pre-seed to apply AI to remote inspections and audits Read More »
Wiz, the buzzy startup building an all-in-one cloud security platform, is on an acquisition march to expand its business quickly en route to an IPO. Now, it has closed a major round of funding of $1 billion to help on that march. The Series E — co-led by Andreessen Horowitz, Lightspeed Venture Partners and Thrive
