In a typical organization, finance is one of the most important functions. Yet teams are often bogged down by manual workflows. According to a survey by Paylocity, an HR software provider, 38% of finance teams spend more than a fourth of their time on manual jobs, like reviewing invoices. Matthieu Hafemeister, an ex-fintech investor at […]
Concourse is building AI to automate financial tasks Read More »
Procurement — the process of requesting, vetting and eventually buying IT and other supplies in an organization — is typically one of the more frustrating, dry, yet inevitable aspects of a workplace. When you are in need of a new app or device, or when you need to renew an existing contract for one in
Omnea raises $25M to tackle the painfully annoying procurement market Read More »
It only took four phone calls for Sébastien Fiedorow to quit his job as a venture capitalist. The first one came from Marble, a startup studio based in Paris. They had a scientist looking for help founding a company that would remove carbon dioxide directly from the atmosphere — what experts call direct air capture, or
Aerleum plans to turn CO2 directly into fuel for cargo ships and, eventually, airplanes Read More »
Table Space, an Indian managed workspace provider, is targeting a valuation of $2.5 billion or more for an IPO planned for next year, sources familiar with the matter told TechCrunch. The Bengaluru-headquartered startup has hired Axis Securities as a bookrunner for the IPO, the sources said. Founded in 2017, Table Space leases large office spaces,
Table Space eyes $2.5B valuation in India IPO Read More »
In late September, Shield AI cofounder Brandon Tseng swore that weapons in the U.S. would never be fully autonomous — meaning an AI algorithm would make the final decision to kill someone. “Congress doesn’t want that,” the defense tech founder told TechCrunch. “No one wants that.” But Tseng spoke too soon. Five days later, Anduril
Silicon Valley is debating if AI weapons should be allowed to decide to kill Read More »
Three Amazon executives in charge of developing new technologies for checking out of physical stores – including Just Walk Out, Dash Carts, and Amazon One – are leaving or have left the division, TechCrunch has learned. In addition, a former high-ranking advertising executive at Amazon, Colleen Aubrey, was recently put in charge of Just Walk
Amazon team in charge of Just Walk Out loses three execs, gains one Read More »
Interlagos, the venture capital firm started by former senior SpaceX leaders, is looking to raise $550 million for its first venture fund, according to regulatory filings and a confidential deck sent to prospective LPs and viewed by TechCrunch. The existence of the firm was first reported by TechCrunch in April, but almost nothing has been
SpaceX alums are working to raise a hefty $550M first deep tech fund Read More »
More than 100,000 people have been laid off in the technology industry alone this year, and — either by circumstance or choice — at least some of them are not heading back into exclusively full-time work. LinkedIn launched a freelancer marketplace in 2021 to capture some of that activity. Now, at a time when other
LinkedIn says 10M people have signed up as freelancers on its Services Marketplace Read More »
Accountants typically dread month-end and quarter-end closings. That’s because finalizing financial records for a specific period is generally a manual, error-prone and time-consuming endeavor. In 2020, Parker Gilbert (pictured above; middle) was so fed up with the tedium of managing finance and accounting at an early-stage startup that he decided to co-found Numeric, an accounting
Numeric grabs $28M Series A to automate accounting using AI Read More »
It was the banana that did it. Brian O’Kelley, who had recently sold his previous startup, ad platform AppNexus, to AT&T for a reported $1.6 billion, was watching a lecture through MIT during COVID as part of a yearlong course on supply chain management. “There was this one slide in a lecture about the carbon
Scope3 starts tracking the carbon footprint of AI Read More »
