Kalepa, a New York-based insurance platform, has raised a $ 14 million Series A financing round led by Inspired Capital with the participation of former investor IA Ventures. Gokul Rajaram from Doordash, Coinbase and formerly from Google, Jackie Reses, formerly from Square, and Henry Ward from Carta also took part. The startup founded by Paul … Read more
It’s an age-old story in the tech industry: the company develops a tool to solve its own problem and then realizes that the tool is actually worth more than the existing company. Something similar happened to linearity. Its 17-year-old founder Vladimir Danila developed the Vectornator tool in 2017 to simplify vector design. It is now … Read more
Motorway is a UK startup enabling professional car dealers to bid for private cars at auction. The startup had quick success by eliminating a lot of friction. It has now raised £ 48m / $ 67.7m in a Series B round led by Index Ventures along with new investors BMW i Ventures and Unbound. Existing … Read more
Four months after a round of $ 30 million growth in Bibit, Sequoia Capital India has doubled its investment in the Indonesian robo-advisor app. Bibit announced today that it has led a new round of $ 65 million in growth, which included participation from Prosus Ventures, Tencent, Harvard Management Company, and returning investors AC Ventures … Read more
Nigeria stays one largely Cash dominated country. There are over 100 million adult Nigerians of whom More than half have little or no access to financial services. Today, Bankly, a Nigerian fintech startup that digitizes cash for non-banks, announced that it has completed a $ 2 million startup round. Founded in 2018 by Tomilola Adejana … Read more
Kate Hiscox has a moment. Her company, Sivo, which was founded eight months ago, has already raised $ 5 million from investors with a post-money value of $ 100 million. She is in active conversation with others who would like her to consider accepting Series A funding from them. Part of the attention is owed … Read more
Copy.ai, a startup developing AI-powered copywriting tools for business customers, announced a round of $ 2.9 million this morning. The investment was led by Craft Ventures. Other investors participated in the deal, including minor checks from Li Jin’s newly established Atelier Ventures and Sequoia. The launch is remarkable for a number of reasons. First of … Read more