Startups

There’s quite a bit wrong with real estate in Brazil, according to QuintoAndar founder and CEO Gabriel Braga. Those seeking long-term rentals in big Brazilian cities like São Paulo and Rio de Janeiro are throttled by bureaucratic policies that enforce outrageously expensive deposits, the requirement of local cosigners and sky-high insurance fees. On the supply
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Floyd Mayweather Jr. and DJ Khaled have agreed to “pay disgorgement, penalties and interest” for failing to disclose promotional payments from three ICOs, including Centra Tech. Mayweather received $100,000 from Centra Tech while Khaled got $50,000 from the failed ICO. The SEC cited Khaled and Mayweather’s social media feeds, noting they touted securities for pay
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A flurry of digital-first insurers are betting they can surpass industry incumbents with a little help from technology and a lot of help from venture capitalists. The latest to land a massive check is Bright Health, a Minneapolis-headquartered provider of affordable individual, family and Medicare Advantage healthcare plans in Alabama, Arizona, Colorado, New York City, Ohio and Tennessee. The company, founded by
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The team behind Rlay believes that blockchain technology can play a crucial role in helping businesses crowdsource their data-gathering tasks. Founder Michael Hirn said this is a problem he encountered while working with Sunstone Capital to develop a more quantitative approach to venture capital, which meant pulling startup data from a wide variety of online
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Bay Area-based robotic exoskeleton company Roam announced this morning that it has secured a $12 million series A. The round, led by Yamaha Motors, with investments from Boost VC, Heuristics Capital Partners, Menlo Ventures, R7 Partners, Spero Ventures, Valor Equity Partners and Venture Investment Associates, brings the company’s total funding up to around $15 million.
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Earlier this year, Rebecca Liebman impressed a panel of high-profile investors, including Ashton Kutcher and Salesforce chief executive Marc Benioff, at a SXSW pitch competition. She won and Benioff wrote her a check for $200,000 on the spot. Today, she’s announcing that her educational fintech startup LearnLux has closed a $2 million seed round from Kutcher’s
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Second Home, the “creative workspace” company co-founded by Rohan Silva, a former tech and startup policy advisor for then British Prime Minister David Cameron, is closing in on a new funding round, TechCrunch has learned. According to sources, the London startup has secured £20 million in investment from Boston-based investor Gerald Chan, who owns Hang
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Corvus Insurance, a two-year-old, Boston-based insurance company that uses data across more than 50 criteria to predict and prevent losses for its corporate customers in the food and pharmaceutical industries, has attracted $8 million in funding, shows a newly processed SEC filing that says the capital came from six investors. The company had previously raised
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Airbnb has completed a much-needed hire ahead of its rumored 2019 initial public offering. The hospitality giant has brought on as its chief financial officer Dave Stephenson, a long-time Amazon vice president and former president of Big Fish Games. Stephenson replaces the company’s head of global financial planning and analysis, Ellie Mertz, who served as interim
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Meet Upflow a French startup that wants to help you deal with your outstanding invoices — the company first started at eFounders. If you’re running a small business, chances are you’re either wasting a ton of time or a ton of money on accounts receivable. Most companies currently manage invoices using Excel spreadsheets, outdated banking
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Berlin-based Zizoo — a startup which self describes as booking.com for boats — has nabbed a €6.5 million (~$7.4M) Series A to help more millennials find holiday yachts to mess about taking selfies in. Zizoo says its Series A — which was led by Revo Capital, with participation from new investors including Coparion, Check24 Ventures and PUSH
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The Morgan Stanley Multicultural Innovation Lab, Morgan Stanley’s in-house accelerator focused on companies founded by multicultural and female entrepreneurs, hosted its second Annual Showcase and Demo Day. The event also featured companies from accelerators HearstLab, Newark Venture Partner Labs and PS27 Ventures. (Note: I was formerly employed by Morgan Stanley and have no financial ties.) The showcase represented
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