Left to right: Remitly co-founders Josh Hug, Matt Oppenheimer and Shivash Gulati. (Remitly photo) Seattle-based money transfer company Remitly announced key financial results in its Form S-1 registration statement Monday afternoon, a major milestone on the road to becoming a publicly traded company. Remitly had sales of $ 257 million and a net loss of … Read more
Urbanbase, a Seoul-based company developing a 3D spatial data platform for interior planning and design, announced today that it has raised $ 11.1 million (13 billion won) in a Series B + round as it is scaled Has. This financing round was led by Hanwha Hotel & Resort, a subsidiary of the South Korean conglomerate … Read more
Vouched investor Darrell Cavens (left) and Vouched CEO John Baird. (Verified photo) Vouched, a Seattle-based startup helping companies verify identity, has raised $ 4.5 million from investors including Darrell Cavens and Mark Vadon, co-founders of e-commerce giant Zulily. It’s a vote of confidence in the three-year-old company that emerged from Madrona Venture Labs, the Seattle-based … Read more
Jelani Memory, Founder and CEO of A Kids Company About, with the book that started it all. (A child company via photo) There are the traditional ways to start, fund, and run a business and then there is the Jelani Memory approach. The CEO of A Kids Company About founded his Portland, Oregon-based company in … Read more
Disrupt is just around the corner and this year the show is filled to the brim with incredible panels and conversations, an absolutely stacked Startup Battlefield cohort of companies launching on our stage, investor insights and a virtual exhibition hall full of exciting new products and services in Startup Alley . We can hardly wait! … Read more
(Instagram photo via @deweyscientific) Dewey Scientific, the Pullman, Washington-based agtech startup that leverages genomics, data science, and more to improve the quality and genetic diversity of cannabis plants, has raised $ 3.2 million in new funds. The Series A cash announced on Monday comes from The Hawthorne Collective, a new cannabis industry investment arm from … Read more
Many Southeast Asian digital companies encounter early-stage obstacles when looking for growth finance. They may not want to sell equity in their business, but they often struggle to secure working capital loans from traditional financial institutions. This is where Singapore-based Jenfi comes in, offering revenue-based funding of up to $ 500,000 with flexible repayment plans … Read more
Images via Canva Pro An online marketplace that facilitates trade between marijuana sellers and buyers will soon own shares on Nasdaq. acted. Another that connects pet owners with walkers, boarders and other carers his first profits as a public company. and a 3 year old biotech company based in Redmond with just 25 employees, has … Read more
Unikrn co-founders Karl Flores (left) and Rahul Sood. (Unikrn photo) Enttain, one of the world’s largest sports betting and gaming companies, announced Thursday that it had agreed to acquire Unikrn, a Seattle-based startup that operates an esports betting platform. The terms of the deal were not disclosed. Unikrn was founded in 2014 and was supported … Read more
Pave, a San Francisco-based startup that helps companies benchmark, plan, and communicate compensation to their employees, has raised $ 46 million in a Series B. YC Continuity led the round, which was also attended by Andreessen Horowitz and Bessemer Venture Partners. The round comes eight months after Pave completed a $ 16 million Series A … Read more