Cloudflare wants AI companies to pay up. The cloud infrastructure provider, which powers around 20% of the web, is launching a new experiment that would let publishers charge AI firms every time their bots scrape a site. It’s called Pay per Crawl, and it could reshape how content is accessed and monetized online. Today on […]
Why Cloudflare wants AI companies to pay for content Read More »
Sword Health, an AI-powered digital health startup, has raised $40 million at a $4 billion valuation, a 33% jump from the $3 billion price tag it earned just a year ago. The funding was led by returning investor, General Catalyst. Even though 10-year-old Sword Health is cash-flow positive, its CEO and founder, Virgílio Bento, told
Sword Health nabs $40M at $4B valuation, pushes IPO plans to at least 2028 Read More »
The VC tech world was abuzz on Thursday when neobank Chime successfully became a public company. Chime raised $864 million on a its $27 share price, which popped big, opening at $43. This wasn’t the biggest IPO of the year. CoreWeave, for instance, raised $1.5 billion in March, and its first-day market cap hit around
Iconiq VCs spent two years courting Chime and the firm isn’t selling its stake Read More »
One of the year’s most anticipated IPOs took place on Thursday when neobank Chime raised $864 million in its IPO, pricing its shares at $27, above its previously announced range of $24 to $26. That gave it a starting market cap of about $9.8 billion. While some would point out that this is far below
Chime almost died in 2016, turned down by 100 VCs. Today it IPO’d at $14.5B. Read More »
The IPO market is starting to feel healthier. Omada Health, a 14-year-old company providing virtual care for chronic conditions like diabetes and hypertension between office visits, closed its first trading day on Friday at $23 a share, a 21% jump from the IPO price of $19. The IPO valued the company just above $1 billion
Omada Health IPO signals healthier market, avoids ‘down-round’ trend Read More »
Circle, one of the world’s largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at $83.23 per share, 168% above its IPO price of $31 set the previous day. The IPO pop demonstrates public market investors’ interest in cryptocurrencies and stablecoins in particular amid
Circle IPO soars giving hope to more startups waiting to go public Read More »
Chime, whose pending IPO is expected to be one of 2025’s blockbuster hits, issued a share price range on Monday of $24 to $26. That’s an up-to-$11.2-billion market cap. At the mid-range, the company will raise $800 million for itself and a handful of investors, including European VC powerhouse Cathay Innovation, who plan to sell
Chime, last valued at $25B, aims for $11B in upcoming IPO Read More »
Hinge Health, a digital physical therapist company, closed its first day of trading on the New York Stock Exchange on Thursday at $37.56, up about 17% over the $32 IPO price it set the previous day. That’s a good first-day result. But even with the pop, Hinge’s public valuation is significantly less than its last
Hinge Health pops 17%, but joins growing ranks of down round IPOs Read More »
Monzo, Britain’s biggest digital bank, is still synonymous with its neon debit cards, extensive use of emojis, and free spending abroad. But it’s no longer just trying to be cool; it’s trying to become a major financial institution. That shift, from an upstart fintech beloved by millennials into a mature, sustainable business, is what makes
Monzo’s pivot from cool to corporate: ‘freshness is not about gimmicks’ Read More »
Last year, Klarna announced a significant initiative to leverage its internally developed AI systems, powered by OpenAI, across its operations. This wasn’t empty talk for the buy now, pay later giant. The company not only ended its pricey contract with Salesforce CRM, but also curtailed its hiring efforts, allowing AI to do some of the
Klarna’s revenue per employee soars to nearly $1 million thanks to AI efficiency push Read More »
