Fundings & Exits
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Original Tech helps banks offer better loan applications
Americans apply for more than 250 million new financial products each year, but the majority of those applications are completed on paper or over the phone. A startup called Original Tech wants to change that by providing white-label software to improve loan applications completed online. Read More
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‘Airbnb for boats’ startup Boatsetter buys competitor Boatbound
You don’t have to be rich or T-Pain to be “on a boat.” You can rent one plus a captain for the day from Boatsetter. And now it’s got boats in more than 300 locations around the U.S. since it just acquired rival maritime marketplace Boatbound. LiftIgniter raises $6.4M to bring website personalization to the rest of the internet
You’ve probably had the experience of going to a website and seeing a lot of content that’s not really relevant. For the most part, a lot of this is organized in a way that’s either pre-defined or based on a limited number of signals that aims to sort of personalize the experience for a normal user. But as time goes on and the competition for eyeballs continues to heat up,… Read More
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Confirmed: Color Genomics is in the final stages of an $80 million Series C financing round
Genetic health screening startup Color Genomics has raised $52 million so far in what could end up totaling just over $81 million in equity financing, according to a recent SEC filing. Color is similar to other genetics startups in that it provides information to you based on the DNA given in a spit tube test. Read More
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Database provider MongoDB has filed confidentially for IPO
MongoDB has filed confidentially for IPO, sources tell TechCrunch. The company has submitted an S-1 filing in the past few weeks and is aiming to go public before the end of the year.
New York-based MongoDB helps companies including Adobe, eBay and Citigroup manage databases. Some of its offerings include its name-bearing MongoDB open source database and the Atlas database-as-a-service… Read More
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Poncho weather service picks up $2.4 million from Lightspeed Venture Partners
Poncho, the betaworks-backed weather service, has raised $2.4 million in seed funding led by Lightspeed Ventures. Poncho launched out of betaworks the same year as Giphy and Dots, and uses SMS and email to bring the news to you in an entertaining way. The premise is simple. Instead of having users seek out their own information via weather apps and being bombarded with numbers like… Read More
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Tetra raises a $1.5M seed round to bring deep learning to voice transcription
There are a million and one services for voice transcription on the market. But even with just one job to do, I’ve never seen a service that can handle the long tail of vocabulary used in the real world. This is particularly challenging if you’re a startup trying to sell your service to enterprises that rely on accurate transcription for their operations. Read More
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Snap founders won’t sell shares despite plummeting price
Snap has an awful Q2 earnings report… but at least its dancing AR hot dog was viewed 1.5 billion times. To prove their confidence, co-founders Evan Spiegel and Bobby Murphy have agreed not to sell any shares this year, and the company will withhold shares they’re owed to pay for any necessary taxes. Of course, there are only five months left in the year, so this isn’t exactly… Read More
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Mens activewear startup Pistol Lake raises $600K from Slow Ventures
Los Angeles-based Pistol Lake has developed what it thinks could be the next thing in men’s activewear — a line of shirts and other products made with new fabric that could be worn at the gym or out and about. To fund the next evolution of its product expansion, the company has raised $600,000 in new funding. Read More
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Buoy, a startup using an intelligent algorithm backed by medical data to guess what ails you, has raised $6.7 million in Series A funding from F-Prime Capital Partners, FundRx and various angel investors to help scale operations.