Browsing Category: Startups

  • A16Z-backed Tomorrow Health launches with $7.5M seed round to improve in-home healthcare

    New startup Tomorrow Health emerged from stealth today, led by former Oscar Health executive Vijay Kedar and Casper co-founder Gabriel Flateman, with a $7.5 million seed round led by Andreessen Horowitz. The goal of the new company is to address a particular aspect of home healthcare – access to the often confusing and frequently difficult …

    April 28, 2020 | by Raheel
  • 5 top gaming investors explain how the pandemic is reshaping MMOs and social games

    Now that the COVID-19 pandemic has forced millions into isolation, video games are seeing a surge in usage as people seek entertainment and social interaction. When we surveyed gaming-focused VCs in October, Andreessen Horowitz partner Jonathan Lai predicted that “next-generation games will be bigger than anything we’ve seen yet,” eventually reaching “Facebook scale.” This month, …

    April 28, 2020 | by Raheel
  • Changing SaaS startup benchmarks in the COVID-19 era

    Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Last week we dug into a set of benchmarks that Bessemer Venture Partners, a venture capital firm that invests in software companies among other categories, drew up to grade software-as-a-service (SaaS) startups. The performance metrics …

    April 28, 2020 | by Raheel
  • Checkly raises $2.25M seed round for its monitoring and testing platform

    Checkly, a Berlin-based startup that is developing a monitoring and testing platform for DevOps teams, today announced that it has raised a $2.25 million seed round led by Accel. A number of angel investors, including Instana CEO Mirko Novakovic, Zeit CEO Guillermo Rauch and former Twilio CTO Ott Kaukver, also participated in this round. The …

    April 28, 2020 | by Raheel
  • SkyCell raises $62M for smart containers and analytics to transport pharmaceuticals

    While human travel has become severely restricted in recent months, the movement of goods has remained a constant priority — and in some cases, has become even more urgent. Today, a startup out of Switzerland that builds hardware and operates a logistics network designed to transport one item in particular — pharmaceuticals — is announcing …

    April 28, 2020 | by Raheel
  • Qoala raises $13.5M to grow its insurance platform in Indonesia

    Online lending firms might be beginning to feel the heat of the coronavirus pandemic in Southeast Asia, but investors’ faith in digital insurance startups remains unflinching in the region. Jakarta-based Qoala has raised $13.5 million in its Series A financing round, the one-year-old startup said Tuesday. Centauri Fund, a joint venture between funds from South …

    April 28, 2020 | by Raheel
  • A full-time VC & part-time ER doctor shares his thoughts on COVID-19

    An emergency room physician for the past 12 years, Dr. Robert Mittendorff joined Norwest Venture Partners eight years ago as a healthcare investor; the firm invests in a number of healthcare startups, including Talkspace, which raised a $50 million Series D last year, and TigerConnect. As the COVID-19 pandemic spreads, Mittendorff is spending his weekdays …

    April 27, 2020 | by Raheel
  • Oriente raises $50 million to continue building its infrastructure for digital financial services

    Oriente, a Hong Kong-based startup that develops tech infrastructure for digital credit and other online financial services, has raised $50 million for its ongoing Series B round. The funding was led by Peter Lee, co-chairman of Henderson Land, one of Hong Kong’s largest property developers, with participation from investors including website development platform Wix.com. Launched …

    April 27, 2020 | by Raheel
  • OMERS Ventures announces a new $750M fund for investing in North America, Europe

    OMERS Ventures, the venture capital arm of the Ontario Municipal Employees Retirement System (OMERS), has put together a new, $750 million fund to invest in both Europe and North America. The capital vehicle is larger than the group’s preceding European and North American funds combined. In 2019 OMERS Ventures announced a €300 million fund Europe-focused …

    April 27, 2020 | by Raheel