Startups

The Scene’s new app helps New Yorkers find dining and nightlife spots

Startups /

Choosing between New York City’s nearly 25,000 restaurants can be overwhelming. The pressure is especially high when you’re trying to impress a first date (or investor) or entertain family from out of town. A new app launched over the weekend to address precisely that. iOS-only “pocket concierge service,” The Scene, uses machine learning to match […]

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Fintech Fragment eases bank account reconciliation, nabs $9M from Stripe, Jack Altmam, others

Startups /

Ask anyone who’s ever closed out the books at the end of the month, what that experience is like, and you’ll get a deep sigh that says, reconciliation is the bane of existence. That’s especially true for a business with hundreds, thousands or hundreds of thousands of transactions a month. Fragment is a startup that

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M&A activity heats up with Wiz, Graphcore, etc.

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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups.  Most interesting startup stories from the week Shortly after Google parent Alphabet reportedly abandoned its ambitions to purchase online marketing software company HubSpot, the tech giant decided to pursue another big acquisition. This time, Google is in

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

Startups /

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

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

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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

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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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