Better.com CEO Vishal Garg. Photo credit: Better.comBetter.com, a New York-based mortgage financing upstart, is seeking to raise new funding that'll widely boost its private valuation, according to a report [paywall] by The Information. According to The Information, Better.com is on the cusp of a deal to raise more than $100 million in new funding that'll value […]
Photo credit: Greenlight Greenlight Financial Technology, an Atlanta-based banking upstart whose service is primarily built for kids, has raised $215 million in Series C funding that values it at over $1.2 billion and boosts the total amount of funding that the company has raised since its inception to nearly $300 million. The new funding was co-led by venture capital […]
Deliveroo CEO Will Shu image: RISE on FlickrU.K. food delivery company Deliveroo has begun holding preliminary discussions for a possible 2021 public listing, according to a report [paywall] from Bloomberg. According to Bloomberg, Deliveroo is in discussions with potential investment banking advisers over the possibility of an initial public offering by next year, notably on the heels […]
Mithril Capital led Nuvia's Series B funding in partnership with semiconductor veterans Sehat Sutardja (pictured) and Weili Dai.Photo by Sikarin Thanachaiary, licensed under Creative CommonsNuvia, a Santa Clara-based silicon design upstart founded by former Apple and Google veterans, has announced that it's closed $240 million in Series B funding led by venture capital firm Mithril Capital, […]
Pasquale Romano, CEO, ChargePoint. Photo credit: ChargePointChargePoint, the popular electric vehicle charging infrastructure network, has reached a deal to go public by merging with blank-check firm Switchback Energy Acquisition Corp. The deal is expected to add nearly $500 million to ChargePoint's balance sheet and give the company an initial valuation of $2.4 billion. Switchback is a […]
Peter Thiel. Photo credit: picture alliance/Tobias Hase, licensed under Creative CommonsPalantir co-founder and famed entrepreneur Peter Thiel is looking to strike gold once again, this time with a blank-check firm that'll seek to merge with another company. Thiel, along with Hong Kong-based businessman Richard Li, have created a new blank-check firm named Bridgetown Holdings that's seeking […]
Photo credit: DivvyDoseHealth-care giant UnitedHealth Group is in discussions to acquire DivvyDose, an online pharmacy startup, seeking to pay about $300 million for the startup, according to a report [paywall] from Bloomberg. DivvyDose is an online pharmacy upstart that delivers customers their medications in individual packages and with the dosage information printed on each packet. The company […]
George Kurtz, CEO, CrowdStrike. Photo credit: Seb Daly/Web Summit via Sportsfile, under Creative Commons licenseCybsecurity company CrowdStrike has announced that it's reached a deal to acquire Preempt Security, an enterprise cybersecurity upstart, in a deal valued at $96 million, consisting of $86 million in cash and $10 million in stock and options that'll be subject to […]
Photo credit: Goat GroupGoat Group, a popular sneaker marketplace, has announced that it's closed $100 million in Series E funding from a single investor by the name of D1 Capital Partners. With the new funding, Goat Group has now raised nearly $300 million in funding since its inception in 2015. The new funding values Goat Group at $1.75 […]
(Beginning from left) DeepCode Co-Founders Veselin Raychev, Boris Paskalev, and Martin Vechev. Photo credit: DeepCodeSnyk, a London-based cybersecurity upstart that's fresh off a $200 million Series D fundraise, has announced that it's reached a deal to acquire DeepCode, a semantic code analysis startup whose product fits well with Snyk's cybersecurity and monitoring product suite. The financial terms of the […]
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