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The insurance industry, sleepy and ancient, is ripe for disruption. We’ve seen companies like Lemonade, Hippo and Rhino get in on that opportunity. Today, an insurtech company focused on small business insurance has raised $18 million to keep growing. Meet Huckleberry, whose Series A was led by Tribe Capital, with participation from Amaranthine, Crosslink Capital …
December 18, 2019 | by RaheelListening to the radio (yes, it still exists) the other day I realized that the “futurist” that was being interviewed was speculating that drones would “one day be delivering food, but not any time soon.” Well, so much for that prediction. Because coming to an Irish household early next year will be drones delivering exactly …
December 18, 2019 | by RaheelSmartly.io, a company helping advertisers automate their campaigns across Facebook, Instagram and Pinterest, has sold a majority stake to Providence Equity Partners for €200 million (approximately $223 million). Helsinki-headquartered Smartly.io says it automates ad production, ad buying “and everything in between.” Founded in 2013, the company has more than 350 employees across 16 global offices, …
December 18, 2019 | by RaheelWhen it comes to calibrating for an optimal workforce, diversity and inclusion have become a more prominent priority for companies in recent years. Today a startup that’s built a recruitment platform to help organizations source and hire in a more holistic way is announcing a round of funding to capitalise on a rise in demand …
December 18, 2019 | by RaheelKatie Jacobs Stanton, a former Twitter executive and co-founder of the #ANGELS investment collective, has raised $25 million for her debut venture capital fund Moxxie Ventures. As the sole general partner, she plans to invest between $250,000 and $500,000 in underrepresented and underestimated founders, Stanton tells TechCrunch, with a focus on “products that make life …
December 18, 2019 | by RaheelSapphire Ventures, the former corporate venture arm of SAP, has raised $1.4 billion for growth investments, including a $150 million opportunity fund to support larger deals. The firm, which focuses primarily on enterprise tech companies in the U.S., Europe and Israel, writes checks to Series B through pre-IPO businesses. Its portfolio includes 23andMe, Sumo Logic …
December 18, 2019 | by RaheelThere’s an emerging body of research suggesting that electrical stimulation applied to the brain can help improve memory and cognitive function. A recent study conducted by researchers from Boston University this year found that 70-year-old participants in a clinical trial performed certain memory tasks as well as 20-year-olds after exposure to mild electrical neurostimulation. The …
December 18, 2019 | by RaheelMake space for another dating app in your single life: Blindlee is Chatroulette for dating but with female-friendly guardrails in the form of a user-controlled video blur effect. The idea is pretty simple: Singles are matched randomly with another user who meets some basic criteria (age, location) for a three minute ‘ice breaker’ video call. …
December 18, 2019 | by RaheelNigerian startup Rensource Energy has raised a $20 million Series A round co-led by CRE Venture Capital and the Omidyar network. The renewable energy company builds and operates solar-powered micro-utilities that provide electricity to commercial community structures, such as open-air trading bazaars. Launched in 2016, the startup has shifted its operating strategy. “We’ve pivoted away …
December 18, 2019 | by RaheelJoe Procopio Contributor Share on Twitter Joe Procopio is a multi-exit, multi-failure entrepreneur. Joe is currently building Spiffy, and previously sold Automated Insights, sold ExitEvent and built Intrepid Media. More posts by this contributor Here’s what happens when you decide to sell your startup When to ditch that nightmare customer (before they kill your startup) …
December 17, 2019 | by Raheel