FreshBooks, a Toronto-based cloud accounting software company focused on SMBs, announced today that it has secured $ 80.75 million in a Series E funding round and $ 50 million in debt financing. Existing funder Accomplice led what the company described as “an insider round” that turned FreshBooks unicorn with a valuation of “over $ 1 … Read more
Whether you’re part of the accounting department or just an employee of an organization, managing expenses can be a time-consuming and error-prone, but also a fairly mundane part of your job. Today, a startup called Pleo – which has built a platform that can help some of this work more smoothly, via a vertically integrated … Read more
More and more mainstream venture capital firms are jumping on the crypto bandwagon as investors increasingly view Bitcoin as an investable asset, despite the recent massive price drops of some major cryptocurrencies. Amber Group, a Hong Kong-based cryptocurrency trading startup, announced Monday that it had raised $ 100 million in a Series B funding round … Read more
Tiger Global is in talks to lead a $ 30 million round at Indian edtech startup Classplus, sources familiar with the matter. The new round, which includes both primary investments and secondary transactions, values the five-year-old Indian startup at over $ 250 million, two sources told TechCrunch. The new round follows another ~ $ 30 … Read more
Home Services Market Urban Company announced Wednesday that it has raised $ 255 million in a new round of funding and confirmed a valuation of $ 2.1 billion. The new round of funding – a Series F – was led by Prosus Ventures, Dragoneer and Wellington Management, while Vy Capital, Tiger Global and Steadview participated. … Read more
The COVID-19 pandemic has created many problems around the world, and supply chains are no exception. There are a number of applications that aim to solve workflow challenges across the supply chain. However, real-time access to information from transport companies has so far been difficult for shippers and logistics companies. Enter Project44. The 7-year-old Chicago-based … Read more
Observe construction technology Software company Procore goes public today after prices are above its bandwidth and the IPO slowdown looks like a delay it wasn’t. Investors are quick to offer the company’s value in trading, giving Procore a higher than expected valuation and increasing confidence in the IPO market in general. Construction technology may not … Read more
While insurers continue to be bothered by startups like Lemonade, Alan, Clearcover, Pie, and many others who are using technology to rethink how a business can be built to help people and businesses manage risk with some financial security To mitigate, fraud is a problem that has not gone away. Today a startup from France … Read more
Bitso, a regulated crypto exchange in Latin America, announced today that it has raised $ 250 million in a Series C funding round that valued the company at $ 2.2 billion. Tiger Global and Coatue jointly led the round, which also included the participation of Paradigm, BOND & Valor Capital Group and existing supporters QED, … Read more
After reports that Stripe raised even more money, the payment giant has now confirmed the details. The company closed an additional $ 600 million on a $ 95 billion worth. Stripe said it will use the funds to expand its business in Europe with a focus on its European headquarters and strengthen its global payments … Read more