Fintech startup CredAvenue enters unicorn club with $137M funding
Chennai-headquartered debt marketplace for enterprises CredAvenue announced that it has raised $137 million in a Series B round of funding, catapulting it to the famed startup unicorn club. The round, led by Insight Partners, B Capital Group and Dragoneer Investment Group, valued the company at $1.3 billion post-money, a 3X jump from its $410-million valuation […]
Infrastructure is broken, Gecko is using robotics to help fix it
Gecko Robotics’ mission statement is “To protect today’s critical infrastructure, and give form to tomorrow’s.” It’s certainly the sort of thing that rings true in the startup’s home town of Pittsburgh, where the Fern Hollow Bridge collapsed under the weight of five vehicles in late-January, the day President Biden was visiting to talk infrastructure. Gecko’s […]
Fetch raises $3.5M for its self-service truck rental marketplace
Once upon a time, I had a truck. I loved that truck! I didn’t actually use the truck as a truck all that often, so eventually I sold it and bought something more in tune with my daily needs. Something more “practical,” I suppose. I still miss that truck. Now the few times a year […]
AssemblyAI snags $28M for all-in-one API to transcribe, summarize and moderate audio
The explosion in audio and video content and interfaces over the last few years has been plain to see, but ways of dealing with all that media behind the scenes hasn’t quite caught up. AssemblyAI, powered by $28 million in new funding, is aiming at becoming the go-to solution for analyzing speech, offering ultra-simple API […]
London-based SteadyPay helps freelancers and gig workers stabilize their income
The “gig economy” gave rise to a set of startups focused on meeting the needs of freelance and self-employed workers, from labor marketplaces Upwork and Fiverr to client management tools like Honeybook. London-based SteadyPay focuses on solving one major pain point for these workers — income volatility — which can make managing one’s personal finances […]
Volocopter raises $170M, now valued at $1.87B, to fuel first commercial launches of flying taxi fleet in 2024
Volocopter, the startup out of southern Germany (Bruchsal) that has been developing electric VTOL (vertical takeoff and landing) aircraft and a business model for operating them in taxi-style fleets in urban areas, has picked up another big round of funding as it inches closer to its first commercial launches. It raised $170 million, funding that […]
Decipad wants to help everyone do data modelling
Decipad, a no-code startup that’s aiming to disrupt spreadsheets with accessible tools that empower people to play around with numbers, has nabbed $5 million in seed funding. Put simply, it’s building an interactive notebook to help non-technical people do data modelling. “We are building for people that lack the technical skill to do cool things […]
Fintech startup Junio raises $6M in Pre-Series A round led by NB Ventures
Delhi-based fintech startup Junio on Friday announced that it has raised $6 million (Rs 45 crore) in Pre-Series A funding round, led by UAE-based firm NB Ventures with significant participation from the Rajiv Dadlani Group. According to the official statement, the startup will use the freshly raised capital to bolster its team, roll out new […]
Owner.com whips up new tools for independent restaurants following funding
Six months after taking in its initial funding to provide independent restaurants with online ordering tools, Owner.com is back with an expanded suite of offerings around delivery and marketing automation after securing $15 million in fresh funding. Aiming to manage a restaurant’s entire digital presence, the company has relaunched itself to offer new tools for […]
Apollo.io raises $110M as its sales intelligence platform crosses 16K paying companies
One of the bigger impacts of COVID-19 has been that more business than ever before is now being carried out online. To meet that opportunity, today a startup called Apollo.io has raised $110 million. Apollo built an all-in-one sales intelligence and engagement platform to find sales prospects from a database of 220 million would-be buyers, […]