LinkedIn News

Health Insurance

Media & Entertainment

Customer Success

Biotech & Health

Education Technology

Human Resources

Telecommunications

Music Streaming

Entrepreneurship

Cloud Computing

Web Development

Renewable Energy

Renewable Power

Consumer Technology

Agriculture Tech

Machine Learning

Software Development

Environmental Health

Mergers and Acquisitions

Business Development

Government & Policy

Electric Vehicles

Incident.io Secures $62M Funding to Revolutionize IT Incident Management

Incident.io Secures $62M Funding to Revolutionize IT Incident Management

Incident.io has successfully raised $62 million in a Series B funding round, bringing its total funding to over $96 million. The London-based startup, valued at approximately $400 million, specializes in AI-driven incident management solutions for IT teams. Led by Insight Partners, the funding aims to enhance hiring, sales, and marketing efforts. With notable clients like Netflix and Etsy, Incident.io has tripled its customer base in the past year, supporting over 250,000 incidents. The company is also integrating AI features to streamline incident responses, competing directly with PagerDuty.

Created at: April 10, 2025 2:00pm

Ominimo Secures €10 Million Investment from Zurich, Valued at $220M

Ominimo Secures €10 Million Investment from Zurich, Valued at $220M

Poland-based insurtech Ominimo has announced its first external funding round, securing €10 million from Zurich Insurance Group, which values the company at $220 million. Launched just a year ago, Ominimo specializes in car insurance and has already signed 300,000 policies in Hungary. The company aims to expand into new markets, including Poland and Sweden, while innovating its risk assessment through AI-driven analytics. CEO Dusan Komar emphasizes attracting top talent by allowing engineers to redefine insurance processes. This investment reflects Zurich's strategy to diversify its retail offerings in Europe.

Created at: April 10, 2025 11:00am

DIG Ventures Secures $100M Fund to Invest in Early-Stage European Startups

DIG Ventures Secures $100M Fund to Invest in Early-Stage European Startups

DIG Ventures has launched its second fund, raising $100 million to target B2B SaaS, AI, and cloud infrastructure startups in Europe and beyond. Founded by Ross Mason and Melissa Klinger, the fund aims to leverage the team's operator backgrounds to enhance founder engagement and execution strategies. Key backers include prominent investors such as The Hillman Company and Datadog's Olivier Pomel. With investments already made in companies like Dash0 and Nexos.ai, DIG Ventures positions itself as a pivotal player in the evolving European venture capital landscape.

Created at: April 10, 2025 4:00am

Teen Founder Turns Setback into Triumph with Sequoia's Support

Teen Founder Turns Setback into Triumph with Sequoia's Support

Ethan Thornton, a 21-year-old founder of Mach Industries, has secured over $80 million as Sequoia Capital's first defense tech investment. After a hydrogen gun prototype explosion injured a team member, Thornton emphasized the lack of safety resources. Following this incident, Mach paused operations until securing funding from Sequoia. The startup has since pivoted from hydrogen to developing advanced weapons, including a cruise missile and a bomb named 'Glide.' With a U.S. Army contract in hand, Mach is also planning a decentralized factory network, showcasing its strong relationship with the federal government.

Created at: April 9, 2025 11:30pm

Base Power Secures $200M Funding for Major Battery Expansion

Base Power Secures $200M Funding for Major Battery Expansion

Base Power has rapidly evolved from a stealth startup to a leading battery fleet operator in Texas, securing $200 million in Series B funding. The round was led by prominent investors including Andreessen Horowitz and Lightspeed Venture Partners. The funds will facilitate the construction of a domestic battery factory and accelerate the installation of massive residential batteries, which offer competitive pricing compared to existing options like Tesla's Powerwall. As the company plans to expand its operations, it aims to reach 100 megawatt-hours of storage by summer.

Created at: April 9, 2025 10:00pm

Lerer Hippeau Raises $200M, Boosting New York Startup Ecosystem

Lerer Hippeau Raises $200M, Boosting New York Startup Ecosystem

Lerer Hippeau, a prominent New York venture capital seed fund, has successfully closed its ninth fund at $200 million, surpassing its previous fund's $140 million. This brings the firm's total assets under management to $1.4 billion. Since its founding in 2010, Lerer Hippeau has invested in several notable startups such as Allbirds and Warby Parker. The firm highlights its family-oriented structure, with key partners related to co-founders. This funding adds to the vibrant New York startup scene, following recent significant raises by other local venture firms.

Created at: April 9, 2025 6:30pm

Startups Revolutionizing Laundry Services Attract Major Investments

Startups Revolutionizing Laundry Services Attract Major Investments

Innovative laundry startups are gaining traction as investors flock to fund their services. NoScrubs, an 11-month-old company, has secured $2 million in pre-seed funding led by Initialized Capital for its on-demand laundry delivery in Austin. Meanwhile, Rinse, dubbed the 'Uber of laundry,' raised $23 million in Series D funding to expand its operations across major U.S. cities. Both companies aim to streamline laundry processes, with NoScrubs promising rapid turnaround times and Rinse focusing on employee-based service. The laundry market is projected to grow, presenting opportunities for multiple players.

Created at: April 9, 2025 3:30pm

Artisan Raises $25M Series A Despite Controversial 'Stop Hiring Humans' Campaign

Artisan Raises $25M Series A Despite Controversial 'Stop Hiring Humans' Campaign

Artisan, an AI sales agent startup founded by Jaspar Carmichael-Jack, has secured $25 million in a Series A funding led by Glade Brook Capital. The company, known for its provocative marketing campaign, has evolved from its early challenges, boasting a customer base of 250 and achieving $5 million in annual recurring revenue. Despite a tumultuous year, including a viral April Fool's joke about replacing its CEO with AI, Artisan continues to hire and now plans to launch additional AI products by the end of 2025. The startup emphasizes targeted outreach and a new success-based pricing model to enhance customer value.

Created at: April 9, 2025 3:00pm

Tessell Secures $60M to Transform Data Management with AI

Tessell Secures $60M to Transform Data Management with AI

Tessell, a startup specializing in multi-cloud database management, has raised $60 million in funding led by WestBridge Capital. The company aims to revolutionize operational data management by launching an AI-powered conversational database service. With a focus on flexibility and cost-efficiency, Tessell claims to deliver up to 10x performance improvements compared to traditional database services. The four-year-old startup is expanding its market reach, including plans to enter Europe and Asia-Pacific. Tessell currently supports major cloud providers and database engines, with 40 customers, primarily in India.

Created at: April 9, 2025 2:30pm

Solve Intelligence Secures $12M to Revolutionize Patent Workflows with AI

Solve Intelligence Secures $12M to Revolutionize Patent Workflows with AI

Solve Intelligence, a Delaware-based startup, has raised $12 million in Series A funding led by 20VC to enhance its AI-driven document editor designed for patent attorneys. The platform, already utilized by 200 IP teams globally, streamlines patent drafting and related tasks, boasting a 25% month-on-month revenue growth. Co-founder Chris Parsonson highlighted the startup's profitability and plans for expansion, including a new office in New York and increased R&D for life sciences. The funding will also advance their AI capabilities tailored to unique legal drafting styles, setting them apart in the legal tech landscape.

Created at: April 9, 2025 2:30pm

Nuro Secures $106M Funding to Shift Focus to Licensing Autonomous Technology

Nuro Secures $106M Funding to Shift Focus to Licensing Autonomous Technology

Nuro has raised $106 million in Series E funding, bringing its total funding to $2.2 billion and valuation to $6 billion, down from its previous peak. The company is pivoting from building delivery robots to licensing its autonomous driving technology to automotive manufacturers and commercial fleets. This strategic shift follows layoffs and a halt in manufacturing plans as Nuro aims to enhance its self-driving capabilities, leveraging AI to extend its operational runway. Investor support remains strong, primarily from institutional backers like T. Rowe Price and Fidelity.

Created at: April 9, 2025 2:30pm

Jeff Bezos Backs Secretive EV Startup Slate Auto for Affordable Electric Pickup

Jeff Bezos Backs Secretive EV Startup Slate Auto for Affordable Electric Pickup

Jeff Bezos is secretly funding Slate Auto, an EV startup based in Michigan, aiming to produce a low-cost two-seat electric pickup truck for around $25,000 by late 2026. Slate, founded in 2022, has already raised over $111 million and attracted significant investors like Mark Walter and Thomas Tull. The company plans to generate revenue through vehicle customization and accessories, drawing on expertise from former employees of major automakers. Slate's CEO, Christine Barman, emphasizes a unique approach by targeting first-time car buyers, diverging from the high-end focus of many competitors.

Created at: April 8, 2025 7:30pm

Startup Battlefield 200 Applications Now Open for TechCrunch Disrupt 2025!

Startup Battlefield 200 Applications Now Open for TechCrunch Disrupt 2025!

TechCrunch has officially launched applications for the Startup Battlefield 200, inviting innovative founders to showcase their groundbreaking ideas at Disrupt 2025. Selected startups will compete for $100,000 in equity-free funding and global exposure. Among thousands of applicants, only 200 will be chosen, with 20 pitching onstage to elite VC judges. Benefits include free exhibit space, complimentary tickets, and access to investor-led masterclasses. Applications close on June 9, so aspiring entrepreneurs are encouraged to apply early.

Created at: April 8, 2025 3:00pm

Rain Secures $75M Series B to Enhance Fintech Offerings

Rain Secures $75M Series B to Enhance Fintech Offerings

Los Angeles-based fintech startup Rain has successfully raised $75 million in a Series B funding round led by Prosus, achieving a valuation of $340 million. The funds will be utilized to introduce credit card and savings products, enhancing their earned wage access (EWA) app, which already serves over 2.5 million employees. Rain aims to differentiate itself in a competitive market by offering financial wellness features like coaching and tax services. The startup plans to launch an EWA-secured credit card and expand its offerings to include Health Saving Accounts and savings accounts later this year.

Created at: April 8, 2025 3:00pm

Blackbird Secures $50M for Blockchain Payment-Loyalty App Revolutionizing Restaurants

Blackbird Secures $50M for Blockchain Payment-Loyalty App Revolutionizing Restaurants

Blackbird Labs has successfully raised $50 million for its innovative blockchain-based payment and loyalty app aimed at enhancing customer engagement for restaurants. With 1,000 establishments already signed up, CEO Ben Leventhal plans to launch the Blackbird Club, a cross-restaurant points system, and expand beyond New York, San Francisco, and Charleston. Led by Spark Capital, the funding round also included Coinbase Ventures and Amex Ventures. Blackbird's Flynet service simplifies transactions while saving restaurants 3-4% on processing fees, addressing the industry's profitability challenges amidst rising costs.

Created at: April 8, 2025 12:30pm

Sizl Secures $3.5M to Revolutionize Cook-to-Order Food Delivery

Sizl Secures $3.5M to Revolutionize Cook-to-Order Food Delivery

Sizl, a Chicago-based cook-to-order food delivery service, has raised $3.5 million in seed funding to enhance its offerings. The company aims to shift perceptions of dark kitchens by providing meals made with fresh, locally sourced ingredients within 30 minutes. Unlike typical ghost kitchens, Sizl operates its own kitchens staffed by Ukrainian cooks and local talent. The service features a mobile app that rewards customers through game mechanics and offers cashback on orders. Sizl plans to expand to four additional kitchens in Chicago and is eyeing growth in Boston, Charlotte, and San Francisco.

Created at: April 8, 2025 12:00pm

Turkey's Sipay Secures $78M Funding to Propel Fintech Expansion

Turkey's Sipay Secures $78M Funding to Propel Fintech Expansion

Sipay, a Turkish fintech company, has successfully raised $78 million in a Series B funding round, achieving a valuation of $875 million. This capital will enable Sipay to expand its services beyond Turkey, focusing on remittances and other offerings currently lacking in these regions. The funding round was led by Elephant VC and included participation from QuantumLight. Founded in 2019, Sipay serves 6.3 million wallet users and 25,000 merchants, boasting a 5x revenue growth year-on-year. The company has been profitable since 2023, projecting run-rate revenue of $600 million.

Created at: April 8, 2025 9:30am

Former Tesla Exec Launches Heron Power to Innovate Electrical Transformers

Former Tesla Exec Launches Heron Power to Innovate Electrical Transformers

Drew Baglino, a former senior vice president at Tesla, has founded Heron Power, a startup focused on developing advanced solid-state transformers for the electrical grid. The company aims to raise between $30 million and $50 million in a Series A funding round, with Capricorn Investment Group expected to lead the effort. Baglino's initiative addresses the aging transformer technology that has remained largely unchanged for over a century, promising enhanced grid stability and efficiency. Heron Power joins other startups like Singapore’s Amperesand in seeking to modernize this critical infrastructure.

Created at: April 7, 2025 6:00pm

Moonvalley Secures $43M for AI Video Creation Tools Amid Industry Growth

Moonvalley Secures $43M for AI Video Creation Tools Amid Industry Growth

Los Angeles-based startup Moonvalley has successfully raised $43 million in venture capital to enhance its AI video creation tools, as reported in an SEC filing. This funding follows the launch of its Marey model, which offers advanced customization for video generation. Moonvalley, which previously secured $70 million in seed funding, aims to differentiate itself in a crowded market filled with competitors like OpenAI and Google. To address copyright concerns, the company is implementing safeguards for creators and allowing content removal requests. Further announcements regarding total funding are expected soon.

Created at: April 7, 2025 3:00pm

Krea Raises $83M to Simplify AI for Designers

Krea Raises $83M to Simplify AI for Designers

Krea, an innovative AI startup based in San Francisco, has secured $83 million in funding, boosting its valuation to $500 million. The company aims to streamline the use of generative AI for designers by providing a unified platform that simplifies model interaction. Founded by Victor Perez and Diego Rodriguez, Krea's unique tools allow users to create and modify images effortlessly. Investors include Bain Capital and Andreessen Horowitz, signaling strong confidence in Krea's vision to enhance creativity without sacrificing control. The funding will also support further enterprise features and expansion into audio tools.

Created at: April 7, 2025 2:30pm

SignalFire Secures Over $1B in Funding, Reinventing Venture Capital with Data-Driven Strategy

SignalFire Secures Over $1B in Funding, Reinventing Venture Capital with Data-Driven Strategy

SignalFire has raised over $1 billion, marking its largest funding round yet, and bringing its total assets under management to about $3 billion. Founded by Chris Farmer, the firm integrates AI into its investment process, targeting early-stage startups. Unlike traditional methods, SignalFire focuses on seed and pre-seed investments, attracting major institutional investors like CalPERS. The firm aims to invest in sectors such as healthcare, consumer tech, and cybersecurity while avoiding the foundational AI model builders. This approach sets SignalFire apart in a competitive landscape.

Created at: April 7, 2025 2:00pm

OpenAI Eyes Acquisition of Jony Ive's AI Hardware Startup

OpenAI Eyes Acquisition of Jony Ive's AI Hardware Startup

OpenAI is reportedly considering acquiring io Products, an AI hardware startup co-founded by Jony Ive and Sam Altman, for approximately $500 million. The startup, which has received funding from notable investors, aims to create AI-enabled devices that are less disruptive than existing technologies like the iPhone. Although an acquisition is on the table, OpenAI may also explore a partnership with io Products, which boasts a small team of former Apple designers. The startup's innovative focus includes smart home gadgets and other AI-integrated solutions.

Created at: April 7, 2025 1:30pm

Rippling's Espionage Lawsuit Reads Like a Hollywood Script

Rippling's Espionage Lawsuit Reads Like a Hollywood Script

This week in the startup world, Rippling has sparked intrigue by releasing an affidavit from a former employee accused of corporate espionage, allegedly spying for rival Deel. In another twist, EV truck maker Harbinger has filed objections against Canoo, claiming asset concealment during bankruptcy. Qualcomm's acquisition of VinAI's generative AI division further highlights the ongoing tech consolidation. Meanwhile, Epic Games expands its portfolio with the acquisition of Loci, an AI platform. Funding news includes Isomorphic Labs raising $600 million, while Plaid secures $575 million despite a valuation drop.

Created at: April 5, 2025 5:26pm

Corporate Espionage Drama Unfolds in Startup World

Corporate Espionage Drama Unfolds in Startup World

Rippling, an HR tech startup, has publicly released an affidavit alleging corporate espionage involving a former employee who spied for rival Deel, prompting speculation of a potential movie adaptation. In further news, EV truck manufacturer Harbinger has accused Canoo of asset concealment during bankruptcy. Qualcomm's acquisition of VinAI's generative AI division highlights the growing AI landscape. Meanwhile, Epic Games has acquired Loci, enhancing its 3D asset management capabilities. Startups are navigating unique approaches to publicity and funding amidst these developments.

Created at: April 5, 2025 5:26pm

Rippling's Espionage Drama Unfolds: A Lawsuit and Hollywood Potential

Rippling's Espionage Drama Unfolds: A Lawsuit and Hollywood Potential

Rippling, an HR tech startup, has publicly shared details of a corporate espionage case involving a former employee accused of spying for competitor Deel. This dramatic revelation has captivated the startup community, leading many to draw parallels to a movie script. Meanwhile, EV manufacturer Harbinger has raised concerns over Canoo's bankruptcy proceedings, alleging asset concealment. In funding news, Isomorphic Labs secured $600 million for AI drug discovery while Plaid raised $575 million, signaling ongoing investment interest in tech startups.

Created at: April 5, 2025 5:26pm

Rippling's Espionage Saga Inspires Hollywood: Startups Weekly Recap

Rippling's Espionage Saga Inspires Hollywood: Startups Weekly Recap

This week in the startup world, Rippling made headlines by releasing an affidavit from a former employee accused of corporate espionage, potentially catching the eye of Hollywood producers. Meanwhile, EV truck maker Harbinger raised concerns about Canoo's bankruptcy proceedings, alleging asset concealment. Qualcomm acquired VinAI's generative AI division, while Epic Games bought Loci, an AI tagging platform. Notable funding rounds included Isomorphic Labs' $600 million raise and Plaid's $575 million at a reduced valuation, signaling a dynamic shift in the fintech landscape.

Created at: April 5, 2025 5:26pm

OpenAI's Image Generator Launches for All Users, Hits 500M Active Users

OpenAI's Image Generator Launches for All Users, Hits 500M Active Users

OpenAI has made its new image generator, based on the GPT-4o model, accessible to all users, as announced by CEO Sam Altman on X. Previously exclusive to paying subscribers, the tool has quickly gained popularity, with a reported user limit of three images per day. The demand for the generator was so intense that it caused GPU malfunctions. Alongside this, OpenAI secured $40 billion in funding, achieving a $300 billion valuation, while ChatGPT now boasts 500 million weekly active users and 700 million monthly users. Concerns about copyright and misuse have also arisen.

Created at: April 1, 2025 5:30am

Construct Capital Secures $300M Fund for Defense and Manufacturing Tech

Construct Capital Secures $300M Fund for Defense and Manufacturing Tech

Construct Capital has successfully closed its third fund, raising $300 million to invest in early-stage startups focused on defense and manufacturing technologies. This marks a significant increase from their previous $225 million fund and a $75 million pool for later-stage investments. The firm, founded by Dayna Grayson and Rachel Holt, is capitalizing on rising institutional interest in defense tech amid geopolitical tensions. Notable investments include Hadrian and Veho, which specialize in software manufacturing and last-mile delivery, respectively. This funding reflects a broader trend of support for innovative tech in critical sectors.

Created at: April 1, 2025 12:30am

OpenAI Secures $40B in Record Funding Round, Valuation Hits $300B

OpenAI Secures $40B in Record Funding Round, Valuation Hits $300B

OpenAI has successfully raised $40 billion in one of the largest private funding rounds ever, bringing its post-money valuation to $300 billion. The funding was led by SoftBank, with notable contributions from Microsoft, Coatue, Altimeter, and Thrive. This investment will help advance AI research and expand OpenAI's compute infrastructure. A significant portion, approximately $18 billion, is earmarked for the Stargate infrastructure project, which aims to develop a network of AI data centers across the U.S. OpenAI emphasizes its commitment to enhancing AI tools for its 500 million users weekly.

Created at: March 31, 2025 10:30pm

Isomorphic Labs Secures $600M Funding for AI Drug Discovery

Isomorphic Labs Secures $600M Funding for AI Drug Discovery

Isomorphic Labs, the AI drug discovery venture spun out of Google’s DeepMind, has successfully raised $600 million in a funding round led by Thrive Capital, with participation from GV and Alphabet. This marks the first external funding for the company since its inception in 2021. The capital will enhance Isomorphic’s AI drug design capabilities and expedite the transition of its drug discoveries into clinical trials. Founded by DeepMind co-founder Demis Hassabis, the company previously partnered with Eli Lilly and Novartis, potentially unlocking $3 billion in milestone payments. Hassabis emphasized that the funding will facilitate the hiring of top-tier research scientists.

Created at: March 31, 2025 9:00pm

Retym Secures $75M Funding to Revolutionize Data Center Communication

Retym Secures $75M Funding to Revolutionize Data Center Communication

Retym, a U.S.-based chipmaker with Israeli origins, has successfully raised $75 million in a Series D funding round led by Spark Capital. Existing investors, including Mayfield and Kleiner Perkins, contributed to the total funding of $180 million. The startup is developing a novel programmable coherent digital signal processing (DSP) chip aimed at enhancing communication within data centers. Founded in 2021, Retym aims to introduce competition in the DSP market, primarily dominated by major semiconductor companies. Its first chip is currently in testing at TSMC's 5 nanometer facility.

Created at: March 31, 2025 7:00pm

Last Chance to Save on TechCrunch All Stage Passes!

Last Chance to Save on TechCrunch All Stage Passes!

TechCrunch is reminding founders and investors that there are less than 24 hours left to secure discounted passes for the All Stage event. This event, happening on July 15 in Boston, is designed to connect 1,200 founders and investors and provide key insights for startup growth. Attendees can participate in targeted breakout sessions, network during intimate meetings, and discover new strategies from industry experts. Early registrants can save over $300 on their passes, but prices will increase after tonight. Don't miss this opportunity to enhance your startup's potential.

Created at: March 31, 2025 2:00pm

Temporal Secures $146 Million to Propel AI-Driven Microservices

Temporal Secures $146 Million to Propel AI-Driven Microservices

Temporal, a Seattle-based microservices platform, has raised $146 million in a Series C funding round led by Tiger Global, enhancing its valuation to $1.72 billion. This investment aims to expand its offerings into agentic AI, with plans for significant R&D and marketing efforts. Recent developments include the launch of Nexus, a feature enhancing security and modularity in its cloud services. The company's revenue has surged 4.4x in 18 months, boasting 183,000 active open-source users and 2,500 enterprise clients, including major names like Nvidia and Stripe. Temporal aims to grow its workforce to over 300 and expand into EMEA and Asia-Pacific.

Created at: March 31, 2025 1:30pm

Last Chance: Save $300+ on TechCrunch All Stage Passes Before March 31!

Last Chance: Save $300+ on TechCrunch All Stage Passes Before March 31!

TechCrunch is reminding entrepreneurs and investors that there are less than 48 hours to secure discounted passes for the All Stage event on July 15 in Boston. Attendees will benefit from insights on scaling strategies, networking opportunities, and expert-led sessions tailored to all startup stages. Founders can learn crucial techniques for funding and growth, while investors will find promising startups to support. Prices will increase after March 31, so participants are encouraged to register soon to maximize their savings.

Created at: March 30, 2025 2:00pm

Final Call: Save Up to $320 on TechCrunch All Stage Tickets Before March 31!

Final Call: Save Up to $320 on TechCrunch All Stage Tickets Before March 31!

TechCrunch is urging founders and investors to seize the last opportunity to secure Early Bird pricing for the highly anticipated All Stage event on July 15 in Boston. Attendees can save over $300 until March 31 at 11:59 p.m. PT. This event promises to gather 1,200 founders and venture capitalists, offering invaluable insights and networking opportunities. Breakout sessions will focus on key topics, from launching startups to preparing for IPOs. Don't miss the chance to connect, learn, and grow before ticket prices increase!

Created at: March 29, 2025 2:30pm

Mercury Doubles Valuation Amid Startups Mixed Bag of News

Mercury Doubles Valuation Amid Startups Mixed Bag of News

This week in the startup world saw notable developments, including Mercury's impressive $300 million funding that more than doubled its valuation to $3.5 billion. Meanwhile, Cerebras Systems faced another IPO delay as its national security review continues. The nuclear startup Terrestrial Energy went public via SPAC, raising $280 million. In contrast, Plenty, a vertical farming company, filed for bankruptcy after raising nearly $1 billion. Block laid off 931 employees, and rumors surfaced of Nvidia nearing an acquisition of Lepton AI. The funding landscape remains active with various startups securing significant investments.

Created at: March 28, 2025 5:30pm

YC-backed Taxo Secures $5M to Transform Healthcare Admin with AI

YC-backed Taxo Secures $5M to Transform Healthcare Admin with AI

Taxo, a startup founded by Dr. Ahmed Kerwan, has raised $5 million in a seed round led by Y Combinator, General Catalyst, and Character Capital. The company aims to alleviate the administrative burdens in healthcare through its innovative AI 'reasoning engine,' which enhances transparency and trust among users. Taxo's technology has reportedly increased prior authorization approval rates to 98%. Operating from San Francisco, the startup has already achieved $1 million in annual recurring revenue within six months and serves various healthcare clients, from clinics to government providers.

Created at: March 28, 2025 2:30pm

Certiverse Secures $11M Series A to Revolutionize Certification Processes

Certiverse Secures $11M Series A to Revolutionize Certification Processes

Certification platform Certiverse has raised $11 million in a Series A funding round led by Cherryrock Capital. Founded in 2023, Certiverse allows organizations to develop certification exams at a fraction of traditional costs. CEO Ruben Garcia highlighted the significant savings, noting clients can create multiple exams for under $10,000 each. The funding will enhance automation on the platform, aiming to scale and onboard 1,000 new clients. Certiverse has now raised over $16 million in total, with participation from several venture partners. The innovative approach seeks to transform how certifications are developed and delivered.

Created at: March 27, 2025 9:30pm

Mendel Secures $35M Series B to Transform Corporate Spend Management in LatAm

Mendel Secures $35M Series B to Transform Corporate Spend Management in LatAm

Mendel, a Mexico City-based corporate spend management platform, has successfully raised $35 million in a Series B funding round led by Base10 Partners. This brings the startup's total funding to $110 million since its inception in early 2021. Mendel aims to automate financial operations for CFOs in Latin America, offering a comprehensive solution for expense management, payments, and corporate travel. With a significant increase in annual recurring revenue and plans for geographical expansion, Mendel is poised to capture the growing market for large enterprises in the region.

Created at: March 27, 2025 3:00pm

eBay Invests in WunderGraph to Enhance Open-Source GraphQL Federation

eBay Invests in WunderGraph to Enhance Open-Source GraphQL Federation

WunderGraph, a startup focused on alleviating API sprawl in the GraphQL ecosystem, has announced a successful $7.5 million Series A funding round led by eBay Ventures. This investment will help WunderGraph scale its open-source platform aimed at competing with Apollo. eBay will also collaborate closely with the startup to tailor solutions for its API needs. Since its founding in 2020, WunderGraph has evolved from an SDK provider to a complete API management platform. With this funding, the company plans to expand its team and enhance tools for distributed teams.

Created at: March 27, 2025 3:00pm