TechCrunch Startup News

Delivery company DoorDash is announcing that it has raised $400 million in Series F financing. Earlier this month, The Wall Street Journal reported that the company was looking to raise $500 million at a valuation of $6 billion or more. In fact, DoorDash now says the funding came at a $7.1 billion valuation. Learn more about your ad choices. Visit podcastchoices.com/adchoices

When I interviewed Parrot founder and CEO Henri Seydoux at TechCrunch Disrupt back in 2016, he surprised everyone when he said he was working on a new kind of T-shirt —nobody knew for sure whether he was joking or not. But the connected T-shirt is real, and it’s called wearTRBL. While the project started as a Parrot subsidiary, the company was spun off in July 2018. Seydoux is still credited as co...

Entrepreneur First (EF), the London-headquartered “talent investor” that recruits and backs individuals pre-team and pre-idea to enable them to found startups, has raised a new fund of its own to continue scaling globally. The $115 million first close was led by a number of leading (mostly unnamed) institutional investors across the U.S., Europe and Asia, including new anchor LP Trusted Insight. A...

SendBird, a San Francisco area startup, helps developers add messaging to their apps with a couple of lines of code. It’s an idea similar to Stripe for payments or Twilio for communications. Today, the company announced a $52 million Series B investment. The round was led by Iconiq Capital. Existing investors Shasta Ventures, August Capital, Y Combinator, and Funders Club also participated. Today’...

Greetings from Chittorgarh, one of my stops on a two-week excursion through Goa and Rajasthan, India. I’ve been a little too busy exploring, photographing cows and monkeys and eating a lot of delicious food to keep up with *all* the tech news, but I’ve still got the highlights. For starters, if you haven’t heard yet, TechCrunch launched Extra Crunch, a paid premium subscription offering full of am...

Paris-based startup Alan has raised a Series B round of funding of $45 million (€40 million). Index Ventures is once again leading the round, with partners of DST Global also participating. The company had raised a $28 million funding round only ten months ago. Alan is a software-as-a-service startup tackling a very specific industry — the health insurance market in France — and soon across Europe...

3DEN is building spaces for what it calls the “in-between moments” of your day. The name (pronounced “Eden”) comes from the idea of the “third place” — a space that’s neither home nor work. Founder and CEO Ben Silver told me the idea is to create a space that people can use if, say, they’ve got 45 minutes to fill between meetings, or if they’ve just gotten off a red eye flight and need somewhere t...

WeWork has made a big name for itself in a short period of time as a global co-working space. In fact, WeWork is now the largest private office tenant in all of Manhattan. But whether the real estate play alone can support its reported $47 billion valuation still remains to be seen. That might explain the company’s 2018 acquisition spree, as well as today’s newly announced changes to the WeWork ap...

Gil Ben-Artzy Contributor Gil Ben-Artzy is a founding partner at UpWest Labs. One of the very first things we ask Israeli entrepreneurs who are hoping to break into the U.S. market is to tell us how their product or service is being received by their target market. What is the feedback? Are potential customers hungry for what the team is selling? Validation, both of the broader vision and the earl...

Donde Search has just closed a $6 million Series A investment led by Matrix Partners, with participation from previous investors such as senior leaders from AliExpress, Google and Waze. Donde first launched in 2014 as a consumer-facing app that helped users search and discover apparel items based on visual characteristics rather than text-based searches. In early 2018, the company pivoted to the e...

I’m not in the habit of getting naked during meetings at startup offices, but this time it felt appropriate. Nebia, a shower startup that has attracted investments from the likes of Apple CEO Tim Cook and former Google chairman Eric Schmidt’s foundationis back with some new cash (though it won’t divulge how much) and a new generation of its thoughtfully designed shower heads that aim to dramatical...

It’s true that DoorDash offsets the amount it pays its drivers with customer tip, according to an FAQ page on its own site. “For each delivery, you will always receive at least $1 from DoorDash plus 100% of the customer tip,” DoorDash states on a Dasher FAQ page.“Where that sum is less than the guaranteed amount, DoorDash will provide a pay boost to make sure you receive the guaranteed amount. Lea...

The founders of Glide, a member of the Y Combinator Winter 2019 class, had a notion that building mobile apps in the enterprise was too hard. They decided to simplify the process by starting with a spreadsheet, and automatically turning the contents into a slick mobile app. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Did anyone else listen to season one of StartUp, Alex Blumberg’s OG Gimlet podcast? I did, and I felt like a proud mom this week reading stories of the major, first-of-its-kindSpotify acquisition of his podcast production company, Gimlet. Spotify also bought Anchor, a podcast monetization platform, signaling a new era for the podcasting industry. Learn more about your ad choices. Visit podcastchoi...

Joanna Glasner Contributor More posts by this contributor Where seed and early-stage funding is growing, contracting or holding steady Hire faster, work happier: Startups target employment with AI and engagement tools For years, decades even, startup names have been getting weirder. This isn’t a scientific verdict, but it is how things have seemed to someone who spends a lot of hours perusing this...

If you’ve ever seen a lamp or chair that you liked and wished you could just take a picture and find it online, well, GrokStyle let you do that — and now the company has been snatched up by Facebook to augment its own growing computer vision department. GrokStyle started as a paper — as AI companies often do these days — at 2015’s SIGGRAPH. Learn more about your ad choices. Visit podcastchoices.co...

Airbnb made it easier for travelers to find a place to crash. Now it wants to make it easier for them to get around. The $31 billion home-sharing giant has hired Fred Reid as its first-ever global head of transportation. Reid served as the founding chief executiveofficer of Virgin America from 2004 to 2007 after a three-year stint as the president of Delta Airlines. Learn more about your ad choice...

Ticketing app Gametime is taking its last-minute approach about as far as it can go, with the launch of a new feature called LastCall. This allows users to purchase tickets through Gametime until 90 minutes after an event has started. Learn more about your ad choices. Visit podcastchoices.com/adchoices

UK home health analysis kit startup Thriva is adding three more products to its range later this month: A saliva-based cortisol stress test and two female hormone kits. The Seedcamp-backedUK startup has been offering blood-prick-based health monitoring kits since 2016, and says it’s had more than 50,000 customers sign up to stab their own finger with its spring-loaded plastic lancet and massage a...

Ike, the autonomous trucking startup founded by veterans of Apple, Google and Uber Advanced Technologies Group’s self-driving truck program, has raised $52 million in a Series A funding round led by Bain Capital Ventures. Redpoint Ventures, Fontinalis Partners, Basis Set Ventures and Neo also participated in the round. Bain Capital Ventures partner Ajay Agarwal has joined Ike’s board. Learn more a...

Bird’s electric scooters were on full display at the Upfront Summit in Malibu last week, a two-day event that brings togetherthe likes of Hollywood, Silicon Valley and Washington, DC’s elite. Not only were a dozen or so brand spanking new scooters available to ride throughout the event but Upfront general partner Mark Suster, an investor in the startup, was seen riding a Bird on stage to the tune...

Bots are ruining the internet. When they’re not pummeling a website with usernames and passwords from a long list of stolen credentials, they’re scraping the price of hotels or train tickets and odds from betting sites to get the best data. Or, they’re just trying to knock a website offline for hours at a time. There’s an entire underground economy where bots are the primary tools used in automati...

Solar installations are becoming a no-brainer for anyone with a roof in much of the country. But getting an estimate on how much it would cost and how much juice it would generate can be complicated and time consuming. Aurora Solar has made an automated process for doing this, and attracted $20 million in funding as a result. A big part of the uncertainty anyone has about getting solar installed i...

Mary Ann Azevedo Contributor Share on Twitter Mary Ann Azevedo covers startups and tech at Crunchbase News. 2019 has been good to the Austin startup scene so far. Combined, Austin startups have raised $240.3 million in January. That’s not much less than the nearly $300 million raised inall of Q4 2018. And since the beginning of the year, the Texas capital has seen a number of double-digit funding...

It’s a big day for Timescale, makers of the open source time series database, TimescaleDB. The company announced a $15 million investment and a new enterprise version of the product. The investment is technically an extension of the $12.4 million Series A it raised last January, which it’s referring to as A1. Today’s round is led by Icon Ventures with existing investors Benchmark, NEA and Two Sigm...