TechCrunch Startup News

Fintech startup Revolut is tweaking its subscription plans with a new mid-tier offering called Revolut — it costs £2.99 per month. Like N26 Smart and Monzo Plus, the new plan is a pandemic-proof package that doesn’t focus as much on travel. For the past couple of years, challenger banks and alternatives to traditional bank accounts […] Learn more about your ad choices. Visit podcastchoices.com/adc...

Less than a year after it raised a $15 million Series B, Public, a social-focused free stock trading service, has raised a $65 million Series C. The startup is not the only company to raise successive rounds this year. Welcome has managed the feat, along with Skyflow and others. Public’s Series C, therefore, fits into […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Dott is better known for its electric scooter service that is available in a few cities across Europe. But the company is working on electric bikes and wants to launch a bike-sharing service in London and Paris in March 2021. Dott currently doesn’t operate in London. So it looks like it’ll be the company’s 16th […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Enterprise recruiting company iCIMS is announcing that it has acquired Altru. iCIMS declined to comment on the terms of the deal, but a source with knowledge of the companies told us that the price is a combination of cash and stock, totaling around $60 million. Founded in 2000, iCIMS offers a “talent cloud” used by […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Reddit announced that it has acquired short video platform Dubsmash. The deal’s terms were undisclosed. Dubsmash will retain its own platform and brand, and Reddit will integrate its video creation tools. Its co-founders, Suchit Dash, Jonas Drüppel and Tim Specht, will join Reddit. According to Crunchbase data, the app has raised $20.2 million from investors […] Learn more about your ad choices. V...

French startup In&motion has raised a $12 million (€10 million) funding round led by Upfront Ventures with 360 Capital also participating. The company has been working on wearable airbag systems for motorbikes. Integrated in a vest, the airbag is completely autonomous and can detect crashes in 60 milliseconds. The company has worked on a device […] Learn more about your ad choices. Visit podcastch...

As the pandemic has raged on, it has shined a spotlight on the importance of procurement, especially in certain sectors. Fairmarkit, a Boston startup, is working to bring a modern digital procurement system to the enterprise. Today, the company announced a $30 million Series B. GGV Capital and Insight Partners led the round with help […] Learn more about your ad choices. Visit podcastchoices.com/a...

Nobody likes dealing with taxes — until the system works in your favor. In many countries, startups can receive tax credits for their R&D work and related employee cost, but as with all things bureaucracy, that’s often a slow and onerous task. Boast.ai aims to make this process far easier, by using a mix of […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

This morning Candu, a software startup that provides no-code web tools for SaaS apps, announced a $5 million funding round. TechCrunch caught up with founder Jonathan Anderson and lead investor Villi Iltchev, a partner at Two Sigma Ventures, to chat about the deal. First thing: This round, a bit like Scotch, has aged. It’s from […] Learn more about your ad choices. Visit podcastchoices.com/adchoic...

Lemonade is launching its renters insurance in France. This is the company’s third European launch after the Netherlands and Germany. Originally from the U.S., Lemonade is now a public company with a current market capitalization close to $4 billion. Lemonade will compete directly with a local competitor called Luko. Both companies share a lot of […] Learn more about your ad choices. Visit podcast...

Richard Socher, former chief scientist at Salesforce, who helped build the Einstein artificial intelligence platform, is taking on a new challenge — and it’s a doozy. Socher wants to fix consumer search and today he announced you.com, a new search engine to take on the mighty Google. “We are building you.com. You can already go […] Learn more about your ad choices. Visit podcastchoices.com/adchoic...

The pandemic has been terrible for many industries, but the book industry has gotten a rare reprieve in an otherwise dismal past decade. Locked in homes and forced to socially distance from others, us humans have more time on our hands and more need to connect to characters than ever before. That surge in interest […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Getsafe, the digital-first insurance startup that initially launched with an app for home contents insurance, has closed $30 million in Series B funding. Swiss Re, the reinsurer giant, led the round. Existing investors, including Earlybird and CommerzVentures, also participated. Getsafe has raised a total of $53 million to date since being founded in May 2015. […] Learn more about your ad choices....

When one of AWS’s east coast data centers went down at the end of last month, it had an impact on countless companies relying on its services including Roku, Adobe and Shipt. When the incident was resolved, the company had to analyze what happened. For most companies, that involves manually pulling together information from various […] Learn more about your ad choices. Visit podcastchoices.com/adc...

Zephr has raised $8 million in a new funding round led by Bertelsmann Digital Media Investments (owned by media giant Bertelsmann). The London-headquarted startup’s customers already include publishers like McClatchy, News Corp Australia, Dennis Publishing and PEI Media. CEO James Henderson told me via email that rather than creating “a monolithic product that tries to […] Learn more about your ad...

Fintech startup Stripe has announced an ambitious new product today called Stripe Treasury. The company is partnering with banks to offer a banking-as-a-service API. In other words, Stripe clients will be able to provide bank accounts to their customers — the service is invite-only for now. This is part of a bigger trend called embedded […] Learn more about your ad choices. Visit podcastchoices.co...

Esports One, a startup bringing the fantasy approach to esports, is announcing that it has raised an additional $4 million in funding. When I first wrote about Esports One in April, co-founder and COO Sharon Winter described it as the first “all-in-one fantasy platform” in the esports world, allowing you to research players, create fantasy […] Learn more about your ad choices. Visit podcastchoices...

Given the attention that TechCrunch pays to Y Combinator’s Demo Days, we also try to keep tabs on the same startups as they scale and raise more capital. Yesterday we covered YC Winter 2020 participant BuildBuddy, for example. Today we’re taking a look at Heru, a startup based in Mexico City that is announcing a […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Wellory, a startup that bills itself as taking an “anti-diet approach” to nutrition and wellness, is announcing that it has raised $4.2 million in funding. The round was led by Story Ventures, with participation from Harlem Capital, Tinder co-founders Sean Rad and Justin Mateen, Ground Up Ventures, NBA Player Wayne Ellington, Hannah Bronfman and others. […] Learn more about your ad choices. Visit...

Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). The cell-cultured chicken will eventually be produced under Eat Just’s new GOOD Meat brand through partnerships with local manufacturers and go on sale to restaurants before it is available to consumers. No chickens were killed […] Learn more about your ad choice...

As we’ve moved to work from home during the pandemic, it’s been challenging for remote workers to feel connected. Loop Team, a new entrant into the enterprise communications space, thinks the way we are communicating needs improvement. That’s why the startup is releasing Loop Team today, a tool that is trying to use software to […] Learn more about your ad choices. Visit podcastchoices.com/adchoic...

This morning Salut, an app-based service that allows fitness trainers to host classes virtually, announced that it has raised $1.25 million in a new financing event. The round was led by Charles Hudson, an investor at Precursor Ventures. Founder Matthew DiPietro, formerly of Twitch, told TechCrunch that Salut soft-launched in mid-September, with a wider release […] Learn more about your ad choices...

Vista Equity Partners hasn’t been shy about scooping up enterprise companies over the years, and today it added to a growing portfolio with its purchase of Gainsight.   The company’s software helps clients with customer success, meaning it helps create a positive customer experience when they interact with your brand, making them more likely to come […] Learn more about your ad choices. Visit pod...

Materialize, the SQL streaming database startup built on top of the open source Timely Dataflow project, announced a $32 million Series B investment today led by Kleiner Perkins with participation from Lightspeed Ventures. While it was at it, the company also announced a previously unannounced $8 million Series A from last year that had been […] Learn more about your ad choices. Visit podcastchoic...

Hacker houses are making a comeback for entrepreneurs as remote work drags on. While founders are adapting to quarantine in style, a group of college women in their 20s aren’t waiting until they are done with undergraduate to plunge into the lifestyle themselves. Started by college juniors Coco Sack and Kendall Titus, Womxn Ignite is […] Learn more about your ad choices. Visit podcastchoices.com/a...