So far, 2019 is tracking to becoming a historic year for female-founded unicorns. While still rare, they’re being born at an unprecedented rate, with at least 10 crossing the $1 billion valuation threshold this year.
The IPO cycle keeps on spinning. Peloton, the fast-growing maker of connected cycles paired with online fitness classes, announced that it has submitted a confidential draft filing to securities regulators for a planned public offering. Founded in 2012, New York-based Peloton has been a prodigious fundraiser, securing nearly $1 billion in venture and growth funding to date.
Silicon Valley-based SentinelOne, a SaaS company taking on enterprise endpoint security, closed on $120 million in a Series D funding round led by Insight Venture Partners.
AllyO, an AI recruiting startup, raised a $45M Series B. The startup automates scheduling of interviews and sourcing of talent using conversational AI.
Longstanding models for structuring VC firms and corporate venture arms are being upended in the current era of large-scale startup funding. Crunchbase News takes a look at the new class of corporate venture capitalists, folks against term sheets, and a firm that offers VC-as-a service.
Co-founders Evan Spiegel and Robert Murphy owned a combined 37% of Snap before it went public. Mark Zuckerberg owned 21% of Facebook. Sergey Brin and Larry Page owned 31% of Google. But these incredible levels of equity at exit are the exceptions, not the rule. Make sure you’re maximizing your founder equity for an exit with this helpful guide.