HoneyBook raises $155M at $1B+ valuation to help SMBs, freelancers manage their businesses Tech and Gaming Blog Technology by Mary Ann Azevedo - May 4, 20210 HoneyBook, which has built out a client experience and financial management platform for service-based small businesses and freelancers, announced today that it has raised $155 million in a Series D round led by Durable Capital Partners LP. Tiger Global Management, Battery Ventures, Zeev Ventures, 01 Advisors as well as existing backers
Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’ Cyber Security by Mary Ann Azevedo - April 28, 20210 Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. The company previously raised a total of $15.5 million, so the latest financing brings its total raised to $95.5 million since it launched in
Kids-focused fintech Greenlight raises $260M in a16z-led Series D, nearly doubles valuation to $2.3B Cyber Security by Mary Ann Azevedo - April 27, 20210 Greenlight, the fintech company that pitches parents on kid-friendly bank accounts, has raised $260 million in a Series D funding round that nearly doubles its valuation to $2.3 billion. The funding comes just months after the Atlanta-based startup landed $215 million in funding at a $1.2 billion valuation. With the latest
Kids-focused fintech Greenlight raises $260M in a16z-led Series D, nearly doubles valuation to $2.3B Tech and Gaming Blog Technology by Mary Ann Azevedo - April 27, 20210 Greenlight, the fintech company that pitches parents on kid-friendly bank accounts, has raised $260 million in a Series D funding round that nearly doubles its valuation to $2.3 billion. The funding comes just months after the Atlanta-based startup landed $215 million in funding at a $1.2 billion valuation. With the latest
Weav raises $4.3M to knit together a universal API for commerce platforms Tech and Gaming Blog Technology by Mary Ann Azevedo - April 26, 20210 Weav, which is building a universal API for commerce platforms, is emerging from stealth today with $4.3 million in funding from a bevy of investors, and a partnership with Brex. Founded last year by engineers Ambika Acharya, Avikam Agur and Nadav Lidor after participating in the W20 YC batch, Weav joins
Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions Tech and Gaming Blog Technology by Mary Ann Azevedo - April 22, 20210 With the increase of digital transacting over the past year, cybercriminals have been having a field day. In 2020, complaints of suspected internet crime surged by 61%, to 791,790, according to the FBI’s 2020 Internet Crime Report. Those crimes — ranging from personal and corporate data breaches to credit card fraud,
Alphabet’s CapitalG leads $40 million round in fintech Mantl Tech and Gaming Blog Technology by Mary Ann Azevedo - April 20, 20210 Community banks and credit unions aim to be the heart of the, well, communities, they serve. But without the big budgets of larger institutions, keeping up technology-wise can be a challenge. And not only are they competing with legacy players, there is also a slew of digital banks that have
Nelo raises $3M to grow ‘buy now, pay later’ in Mexico Tech and Gaming Blog Technology by Mary Ann Azevedo - April 16, 20210 Buy now, pay later is a way of paying for purchases via installment loans that generally have no interest. The concept has grown in popularity in recent years, especially in markets such as the United States, Europe and Australia. Numerous players abound, all fighting for market share — from Affirm
Goldman Sachs leads $23M in funding for Brazilian e-commerce startup Olist Tech and Gaming Blog Technology by Mary Ann Azevedo - April 15, 20210 Olist, a Brazilian e-commerce marketplace integrator, has raised $23 million in a Series D round extension led by new investor Goldman Sachs Asset Management that brings its total Series D financing to $80 million. Existing backer Redpoint Ventures, which first put money in Olist in 2015, also participated in the latest
With a team that helped build the brain behind Alexa, HomeX raises $90M Tech and Gaming Blog Technology by Mary Ann Azevedo - April 13, 20210 HomeX, a home services platform for homeowners and service providers, has raised $90 million in a funding round led by New Mountain Capital. New Mountain Capital, a New York-based investment firm with more than $30 billion in assets under management, was the only institutional investor to put money in this round