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Method is helping fintech companies like SoFi build repayment functionality into their apps
<p>It can be challenging for developers of fintech apps to integrate repayment, balance transfer, and bill pay functionality. Devs often have to deal with a patchwork of brittle screen-scraping APIs to extract data from users’ financial institutions — or worse, tools to process mounds of physical checks and paperwork. Three friends and entrepreneurs — Jose […]</p>
Rahul Patil
Jan 233 min read
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Fundraise Up claims its AI can boost nonprofit donations
<p>Many nonprofits are stuck with outdated, expensive, and limited tech that hinders their ability to fund their mission or cause. While most consider adopting tech to be a priority, they’re faced with a number of blockers, including siloed data and issues with integration. Peter Byrnes, the co-founder of Fundraise Up, a Brooklyn-based fundraising platform for […]</p>
Rahul Patil
Jan 233 min read
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Tive’s tools help companies track the status of their shipments in real time
<p>The global supply chain is under strain, and one of the reasons is a lack of visibility into how shipments are being transported around the world. According to one recent survey, nearly half of the organizations polled reported having little-to-no visibility into their upstream supply chains. In search of a remedy, Krenar Komoni, who’d for […]</p>
Rahul Patil
Jan 232 min read
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Neko, the body-scanning startup co-founded by Spotify’s Daniel Ek, snaps up $260M at a $1.8B valuation
<p>Stockholm startup Neko Health has made a big bet on consumers wanting to learn about their state of health and how to prevent things going wrong. Now investors are making a big bet on Neko. The startup has raised a fresh $260 million in funding, a Series B that values Neko at $1.8 billion post-money, […]</p>
Rahul Patil
Jan 235 min read
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Raymond Tonsing’s Caffeinated Capital seeks $400M for fifth fund
<p>Caffeinated Capital, a San Francisco venture firm started by solo capitalist Raymond Tonsing, is raising $400 million for its fifth fund, according to a regulatory filing. The firm, an early investor in software company Airtable and defense startup Saronic, has already raised $160 million toward the fund. If Caffeinated hits its target, it will be […]</p>
Rahul Patil
Jan 221 min read
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Ati Motors raises $20M as India’s robotics industry grows
<p>Ati Motors, an Indian startup building AI-powered autonomous mobile robots, has raised $20 million in a Series B round.</p>
Rahul Patil
Jan 223 min read
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Anthropic reportedly secures an additional $1B from Google
<p>Anthropic has reportedly raised around $1 billion from Google as the AI company looks to deliver a number of major product updates this year. First reported by the Financial Times, Google’s fresh investment brings the tech giant’s total stake in Anthropic to around $3 billion. Google poured $2 billion into Anthropic late last year. Anthropic, […]</p>
Rahul Patil
Jan 221 min read
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Anthropic reportedly secures an additional $1B from Google
<p>Anthropic has reportedly raised around $1 billion from Google as the AI company looks to deliver a number of major product updates this year. First reported by the Financial Times, Google’s fresh investment brings the tech giant’s total stake in Anthropic to around $3 billion. Google poured $2 billion into Anthropic late last year. Anthropic, […]</p>
Rahul Patil
Jan 221 min read
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Lindus Health raises $55M to ‘fix the broken clinical trial industry’
<p>A four-year-old London startup backed by Peter Thiel has raised a $55 million Series B round as it sets about “fixing the broken clinical trial industry.” The announcement comes as artificial intelligence is shaping up to revolutionize drug discovery and development, in turn spurring demand for a streamlined clinical trial process to help get new […]</p>
Rahul Patil
Jan 224 min read
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Lindus Health raises $55M to ‘fix the broken clinical trial industry’
<p>A four-year-old London startup backed by Peter Thiel has raised a $55 million Series B round as it sets about “fixing the broken clinical trial industry.” The announcement comes as artificial intelligence is shaping up to revolutionize drug discovery and development, in turn spurring demand for a streamlined clinical trial process to help get new […]</p>
Rahul Patil
Jan 224 min read
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Vertice bags $50M for its AI-powered SaaS spend platform
<p>Vertice has made a name for itself over the years in the crowded world of expenditure management by focusing on applying AI to optimize an area where businesses are sinking hundreds of billions of dollars annually: software and cloud spend. The London-based startup’s business has grown 13x in the three years since its inception (similar […]</p>
Rahul Patil
Jan 224 min read
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Vertice bags $50M for its AI-powered SaaS spend platform
<p>Vertice has made a name for itself over the years in the crowded world of expenditure management by focusing on applying AI to optimize an area where businesses are sinking hundreds of billions of dollars annually: software and cloud spend. The London-based startup’s business has grown 13x in the three years since its inception (similar […]</p>
Rahul Patil
Jan 224 min read
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Funding to fintechs continues to decline, but at a slower pace
<p>Welcome to TechCrunch Fintech! This week, we’re looking at just how much fintech startups raised in 2024, a slew of fundraising deals, Plaid’s reported revenue growth last year, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The […]</p>
Rahul Patil
Jan 213 min read
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Funding to fintechs continues to decline, but at a slower pace
<p>Welcome to TechCrunch Fintech! This week, we’re looking at just how much fintech startups raised in 2024, a slew of fundraising deals, Plaid’s reported revenue growth last year, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The […]</p>
Rahul Patil
Jan 213 min read
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Karmen secures $9.4 million for its revenue-based financing products
<p>French startup Karmen has secured a small funding round so that it can improve its instant financing products. The company offers short-term loans to small companies facing a working capital crunch. It’s a €9 million equity-and-debt round ($9.4 million at today’s exchange rates) with Seventure Partners buying a stake in the small startup. Financière Arbevel […]</p>
Rahul Patil
Jan 213 min read
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Karmen secures $9.4 million for its revenue-based financing products
<p>French startup Karmen has secured a small funding round so that it can improve its instant financing products. The company offers short-term loans to small companies facing a working capital crunch. It’s a €9 million equity-and-debt round ($9.4 million at today’s exchange rates) with Seventure Partners buying a stake in the small startup. Financière Arbevel […]</p>
Rahul Patil
Jan 213 min read
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Netradyne snags $90M at $1.35B valuation to expand smart dashcams for commercial fleets
<p>Distracted driving is one of the leading causes of car accidents and a major reason why auto insurance premiums are expected to increase in 2025. For commercial fleets, that’s a nightmare. But for California-based startup Netradyne, it’s a tailwind. Netradyne provides fleet owners, including big names like Amazon, with AI-enabled dashcams that collect vehicle data […]</p>
Rahul Patil
Jan 173 min read
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Perplexity acquires Read.cv, a social media platform for professionals
<p>Read.cv, a social media platform for professionals that competed with LinkedIn, has been acquired by AI-powered search engine Perplexity. As part of the deal, Read.cv will begin to wind down operations Friday. Users will be able to export their data, including their profiles, posts, and messages, until May 16. “We’ve long admired Perplexity and believe […]</p>
Rahul Patil
Jan 173 min read
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Big Tech expands its reach with new startup acquisitions and investments
<p>Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week’s newsletter is about startups, but it is also about Big Tech companies expanding their reach, both through acquisitions and through investments. Most interesting startup stories […]</p>
Rahul Patil
Jan 173 min read
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Nord Security founders launch Nexos.ai to help enterprises take AI projects from pilot to production
<p>A new AI orchestration startup from the founders of Lithuanian unicorn Nord Security is setting out to help enterprises put their AI projects into production, with an initial focus on bringing greater visibility, security, and adaptability to large language models (LLMs). Nexos.ai, as the startup is called, is the handiwork of Tomas Okmanas (pictured above) […]</p>
Rahul Patil
Jan 175 min read
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