Startups

GPTZero’s founders, still in their 20s, have a profitable AI detection startup, millions in the bank and a new $10M Series A

Among all the young AI startups being ruthlessly pursued by VCs these days, GPTZero has already grown into profitability in its first year and a half of life, generating millions in revenue. Founded by 24-year-old Edward Tian and 26-year-old Alex Cui, who’ve been friends since high school, GPTZero offers a detection tool that helps identify

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Court halts Byju’s second rights issue as $200M fundraise falters

Byju’s is having a hard time raising the full $200 million from its rights issues that its founder had previously claimed was oversubscribed, sources familiar with the matter told TechCrunch. And now India’s National Company Law Tribunal has restrained the company from proceeding with its second rights issue amid allegations of oppression and mismanagement by

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AccountsIQ takes in $65M to boost its bookkeeping tools with AI

The European economy is on shaky ground, but there is a silver lining for enterprise startups: Those building tools to help businesses run their finances in more steady and predictable ways are seeing a boost.  In the latest development, AccountsIQ, a Dublin-founded accounting technology company, has raised €60 million (about $65 million) to build “the

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Fintech Brex abandons co-CEO model, talks IPO, cash burn and plans for a secondary sale

Since fintech startup Brex’s inception in 2017, its two co-founders Henrique Dubugras and Pedro Franceschi have run the company as co-CEOs. But starting today, the pair told TechCrunch in an exclusive interview, the San Francisco-based corporate credit card and expense management company is shifting to a more traditional — and what they say should be

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Insight Partners backs Canary Technologies’ mission to elevate hotel guest experiences

The hospitality industry is back, baby. And with it comes a chance for technology startups to not only help hotels streamline their operations, but also focus on how they can improve the guest experience. “The predominant traveler today was born in an age where they are very comfortable with technology,” Harman Singh Narula, Canary Technologies

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Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers

It’s not the sexiest of subject matters, but someone needs to talk about it: The CFO tech stack — software used by the chief financial officers of the world — is ripe for disruption. That’s according to Jonathan Sanders, CEO and co-founder of fledgling Danish startup Light, which exits stealth Wednesday with $13 million in

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