VTS, Wave Capital, LetsGetChecked, Lyft and Uber
Proptech Startup VTS Raises $90M Series D
VTS, a company that streamlines leasing and asset management processes, takes on unicorn status in proptech space.
Wave Capital Closes First $55M Fund
Wave Capital fund execs won’t limit their investment to Airbnb alum, despite its “Airbnb Mafia” reputation.
LetsGetChecked Raises $30 Million For At-Home Lab Tests
At-home lab company LetsGetChecked scores $30 million Series B in round led by Leerink Transformation Partners (LTP).
Lyft’s Performance Casts Shadow On Uber IPO
We take a look at where the two ride-hailing companies stand as we await Uber’s IPO pricing today and first day of trading on Friday.
5 startup recruiting tips to attract talent
Finding great talent is no easy task and all startups need to hire smart to scale right. We sat down with the owner of an HR consultancy to spark ideas on how to best attract talent for your startup.
Cruise drives away with $1.15B
Cruise, a developer of technology for self-driving vehicles and a division of General Motors, just raised $1.15 billion in fresh funding from a cohort of institutional and corporate investors. The financing sets a post-money valuation of around $19 billion for the San Francisco-based company.
Carta raises $300M at $1.7B valuation
Palo Alto-based Carta, a provider of tools for tracking private company ownership, announced that it closed on $300 million in Series E financing. Andreessen Horowitz led the round, which set a post-money valuation of $1.7 billion.
Uber IPO: What to expect
Uber is expected to price its gigantic IPO Thursday and begin trading on Friday. Once that happens, we’ll have a better idea how investors are valuing a company that boasts massive market share but has posted sluggish growth in recent quarters.
More startups tackle African mobile payments
A number of startups are raising funding for new approaches to mobile payments in Africa. The latest is Umba, an Irish fintech startup that just raised seed funding to serve micro-finance loans across Africa.
Crunchbase: How market size determines round size
IPOs are not only an exit; they’re usually also a company’s largest capital raise. In an analysis of 105 tech IPOs, we discuss standout trends on how market size determines offering size.
BigBasket fills up with $150M
India-based online grocery startup BigBasket just became the country’s latest unicorn. The Bangalore-based company secured $150 million in a late-stage round led by Mirae-Naver and Alibaba at a reported valuation of more than $1 billion.
SendBird raises $50M from Tiger Global
Less than three months after raising a $52 million Series B, SendBird, which powers instant messaging inside applications, is announcing a $50 million extension to that round. Tiger Global is leading the financing for the Silicon Valley company, with Iconiq Capital also participating.
Corporations outsource their venture
Corporations of all shapes and sizes want in on the venture capital space, but not everyone wants to run their own VC fund. That’s led to the rise of managers and funds who’re doing startup investing on behalf of corporate clients.
VCs back next-gen Wikipedia, digital training, and air quality monitoring
In our Last Week in Venture Series, we highlight interesting rounds that may have slipped under your radar. The latest installment looks at Golden, which wants to build an AI-enabled alternative to Wikipedia, We Are Digital, a provider of digital and financial training, and Awair, a startup that aims to bring air quality monitoring technology into your home.
