Startups

PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital

Canadian private equity firm PartnerOne paid $28.2 million for HeadSpin, a mobile app testing startup whose founder was sentenced for fraud earlier this year, according to documents viewed by TechCrunch. The fire sale was reported by TechCrunch last week. HeadSpin’s 2023 revenue was $21 million and its Q1 2024 revenue stood at $5 million, the […]

PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital Read More »

How a B2B payments startup won Max, Jack and Sam Altman, JP Morgan as investors

It’s not everyday that OpenAI founder Sam Altman teaches your class at Stanford, but that’s the kind of entrepreneurial spirit Lawrence Lin Murata, co-founder and CEO of Slope, tapped into as he and Alice Deng build their B2B payments company. “We met back in 2016 when he taught a class called ‘How to Start a

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Shaped raises $8M Series A and launches its self-serve recommendations and search service

Whether it’s an online marketplace, store, or social media platform, virtually every site today uses some kind of recommendation service to personalize its offerings. Shaped, which is announcing an $8 million seed funding round today, wants to make it easier for businesses of all sizes to combine the data they already have with large language

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Kandji raises another $100M for Apple device management as valuation rises to $850M

At a time when many startups have struggled to raise money and keep their heads above water, Kandji, an Apple device management platform, has been an exception. Founded in 2019, it has raced through its funding rounds like a precocious child, raising over $188 million along the way. Today it added to that total with

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Andreessen Horowitz co-founders explain why they’re supporting Trump

Marc Andreessen, the co-founder of one of the most prominent venture capital firms in Silicon Valley, says he’s been a Democrat most of his life. He says he has endorsed and voted for Bill Clinton, Al Gore, John Kerry, Barack Obama and Hillary Clinton. However, he says he’s no longer loyal to the Democratic Party.

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YC-backed CrowdVolt shakes up the secondary ticket market with its bid-ask model

The current secondary ticket exchange system is fraught with several issues, such as tickets being resold at prices much higher than their face value, exorbitant fees and other additional costs. Not to mention the risk of purchasing counterfeit or invalid tickets, resulting in a disappointing user experience.  CrowdVolt wants to disrupt the space with its

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Exa raises $17M from Lightspeed, Nvidia, Y Combinator to build a Google for AIs

While there’s no shortage of startups aiming to replace Google with AI-powered search (we’re looking at you, Perplexity), a startup called Exa has a different idea: a Google for AI. Humans aren’t the ones who desperately need a new kind of search engine, Exa’s founders believe. Rather, as AI increasingly takes hold in corporate and

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Lhoopa raises $80M to spur more affordable housing in the Philippines

A lack of affordable housing is a growing problem worldwide, even in emerging markets with significant demand. That’s in part because traditional developers and real estate companies focus on serving people looking for luxury houses, and want to avoid the immense operating expenses associated with affordable housing, which eat into gross margins over time. Enter

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