Browsing Category: Startups

  • Japanese payment service provider Paidy raises $48M from ITOCHU

    Paidy, a Japanese fintech startup that allows customers to make online purchases without credit cards, announced today that it has raised a $48 million Series C extension from ITOCHU. The company says it has now raised a total of $281 million in equity and debt. Its latest investment from ITOCHU, one of the largest Japanese …

    April 9, 2020 | by Raheel
  • Ahead of earnings, SaaS stocks show resilience

    Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This morning we’re taking a brief look at SaaS stocks ahead of earnings, making note of their recent movements (and recovery), and what those somewhat violent movements could mean for SaaS startups as we head …

    April 9, 2020 | by Raheel
  • Bessemer’s Tess Hatch on the evolving aerospace market and COVID-19 adjustments

    The aerospace market is evolving quickly and merging with other segments of tech, making it an exciting space for both startups and investors — but the complications of the global pandemic are being felt by both. Bessemer Venture Partners investor Tess Hatch has been helping guide companies in their portfolio through these strange times, and …

    April 8, 2020 | by Raheel
  • Original Content podcast: We have mixed feelings about Quibi

    Quibi, the short-form, mobile-focused video service that Hollywood executive Jeffrey Katzenberg first hinted at in 2017, officially launched on Monday. After years of star-studded content announcements, not to mention $1.75 billion in funding, it might have been impossible for Quibi to live up to expectations. And indeed, it divided the hosts of the Original Content podcast. …

    April 8, 2020 | by Raheel
  • TechCrunch Live: Join USV Managing Director Albert Wenger for a live chat Thursday at 9am PDT

    Startups big and small, across all industries, are affected by the novel coronavirus pandemic. From Etsy to MongoDB, from Twilio to Foursquare, these companies are looking for ways to capitalize and ultimately thrive in what has become a survivalist landscape. These companies also happen to be portfolio companies of one Albert Wenger. We’re excited to …

    April 8, 2020 | by Raheel
  • No-code automation platform Tonkean raises $24M from Lightspeed

    As more companies find their workflows upended by remote work in the pandemic crisis, there are plenty of SaaS startups aiming to sell them a new path to streamlining processes. Tonkean is an SF startup selling a no-code automation platform to do just that, and it’s in the fortunate position of just having closed a …

    April 8, 2020 | by Raheel
  • Mom-focused content startup Motherly raises $5.4M as it expands into commerce

    Motherly CEO Jill Koziol admits that it was a tough pitch when she and her co-founder Liz Tenety first tried to get investors on-board in 2015. “We wanted to create a brand first and foremost,” Koziol told me. “We did not want to go and build a media company or a [direct-to-consumer] company or Facebook …

    April 8, 2020 | by Raheel
  • How one European VC firm is reacting to the economic crisis

    Public markets around the world have been tanking for the past few weeks, and many companies simply can’t operate during a lockdown. Sheltering in place has had some terrible economic consequences, with a record number of Americans getting laid off, including many startup employees. But what is happening in Europe? You might also be wondering …

    April 8, 2020 | by Raheel
  • Talking venture, B2B and thesis-driven investment with Work-Bench’s Jon Lehr

    Earlier this week, the Equity crew caught up with Work-Bench investor Jon Lehr to get his take on the current market, and how his firm goes about making investment decisions. The conversation was a treat, so we cut a piece of it off for everyone to listen to. The full audio and a loose transcript …

    April 8, 2020 | by Raheel
  • Twine aims to end social isolation with its video chat app for deep conversations

    A new startup called twine wants to help people feel less isolated and alone. Though the project has been in the works for around six months, it’s launching at a time when people are struggling with being cut off from family, friends, neighbors, co-workers and others due to the COVID-19 outbreak and the resulting government …

    April 8, 2020 | by Raheel