Alto a ridesharing startup founded in 2018 in Dallas aims to disrupt the fast-growing on-demand market controlled by the likes of Uber and Lyft. Alto just raised $14.5 million from Road Ventures, a European fund that […]
Clearcover, a Chicago-based auto insurance startup that uses artificial intelligence to more effectively market auto insurance, has raised a $43 million round of funding. Founded in 2016, Clearcover aims to use technology to offer better […]
Kaia Health, a personalized digital therapeutics startup, has raised $10 million in Series A funding with the aim to reduce chronic pains. The idea is to offer an alternative to painkillers, using mobile technology to […]
On-demand food delivery startup Munchery is ceasing operations effective immediately, the startup announced in an e-mail to customers on Monday (21st January 2019). Founded in 2010, the San Francisco-based business had raised a total of $125 million […]
Startup funding and exiting activity have been slow over the past few months in the U.S. Fewer companies closed rounds, IPO volumes were light, and not a lot of big M&A deals got done. But is fundraising […]
The 9th US Circuit Court of Appeals has blocked the enforcement of a Seattle law that gives drivers for ride-hailing startups such as Uber and Lyft the right to form a union. The court said […]
Meal-kit companies are continuing to get funding from big food brands, although Blue Apron‘s initial public offering yielded lackluster performance. Indeed, Big Food players haven’t stopped from diving into the $4.6 billion market of food-delivery services. […]
PlanGrid is looking to disrupt the way work gets done in the construction industry that still relies on traditional business practices. Indeed, PlanGrid is a platform that helps over 500,000 construction projects to store and organize […]
Blue Apron, the biggest U.S. meal kit company, has hired investment bankers to lead its 2017 initial public offering. Blue Apron’s IPO is coming as competition heats up in the meal kit industry. New York […]
Dropbox Inc. is opening a $600 million credit facility from six banks led by JPMorgan Chase & Co. The cloud file-sharing startup pushes toward an initial public offering as soon as this year. Dropbox has said it’s not […]
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