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Posts Tagged ‘economy’

Minna Technologies, a subscription management tool for banking customers, raises $18.8M

With the proliferation of subscription services, combined with our lives becoming almost 100% digital, there’s a rising need to be able to manage these services. But most banks don’t have much of an answer. Step in Minna Technologies, which sells in its subscription management services into banking apps. It’s now raised $18.8 million (€15.5m / ...

Kanarys raises $3 million for its data-driven platform to assess diversity and inclusion efforts

Mandy Price was already a highly successful lawyer in private practice before she took the jump into entrepreneurship alongside two co-founders to launch Kanarys a little over one year ago. The Harvard Law School graduated didn’t have to start her company, which helps businesses measure the efficacy of their diversity and inclusion efforts using hard ...

Color raises $167 million funding at $1.5 billion valuation to expand ‘last mile’ of U.S. health infrastructure

Healthcare startup Color has raised a sizeable $167 million in Series D funding round, at a valuation of $1.5 billion post-money, the company announced today. This brings the total raised by Color to $278 million, with its latest large round intended to help it build on a record year of growth in 2020 with even ...

Austin-based ReturnSafe raises $3.25 million for its employee health management tools

ReturnSafe, a symptom checking and contact tracing employee health management toolkit for businesses, has raised $3.25 million in financing from investors including Fifty Years and Active Capital.  With companies looking to reopen operations and have their employees return to work safely, management toolkits that track employee health are piling into the market offering all sorts ...

Lt. Gen. John Thompson explains how startups can interact with the Space Force

Space Force’s Lt. Gen. John Thompson spoke at TechCrunch Session: Space earlier this week. Throughout the wide-ranging interview, General Thompson explained the various ways and means for private companies like startups should interact with Space Force. Thompson knows what he’s talking about. As the Commander of the Space and Missiles Systems Center, he oversees research, ...

Brazilian lending company Creditas raises $255 million as Latin America’s fintech explosion continues

Creditas, the Brazilian lending business, has raised $255 million in new financing as financial services startups across Latin America continue to attract massive amounts of cash. The company’s credit portfolio has crossed 1 billion reals ($196.66 million) and the new round will value the company at $1.75 billion thanks to $570 million raised in outside ...

Umba, a digital bank for emerging markets, raises $2M Seed funding to expand across Africa

Umba, a digital bank for emerging markets and aiming first at Africa, has secured a $2 million seed funding round from new investors including Lachy Groom, ex-Head of Issuing at Stripe; Ludlow Ventures; Frontline Ventures and Act Venture. Currently operating in Kenya and Nigeria, Umba offers a digital financial service alternative to legacy African banks. ...

Ada Ventures closes first fund at $50M, investing in diverse founders tacking society’s problems

A year ago this week Ada Ventures — a UK/Europe focused VC with an ‘impact twist’ aiming to invest in diverse founders tacking societal problems — launched on stage at Techcrunch Disrupt. (You can watch the video of that launch below). Today Ada announces that it has closed its first fund at $50 million. Cornerstone ...

Biden on jobs report and $900 billion relief package: ‘Congress and President Trump must get a deal done for the American people’

President-Elect Joe Biden, in a statement on the November jobs report released Friday, says he is "encouraged by the bipartisan efforts in the Senate around a $900 billion relief package." He adds: "Congress and President Trump must get a deal done ... ...

LA-based Boulevard raises $27 million for its spa management software

Boulevard, a spa management and payment platform, has raised $27 million in a new round of funding despite a business slowdown caused by the COVID0-19 pandemic. Founded four years ago by Matt Danna and Sean Stavropoulos, Boulevard was inspired by Stavropoulos’ inability to book a haircut and Danna’s hunch that the inability of salons and ...