TechCrunch Startup News

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Indonesian investment platform FUNDtastic lands $7.7 million Series A Feb 22, 2021

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Despite the market impact of the COVID-19 pandemic, retail investing is increasing in Indonesia, especially among people aged 18 to 30. Today, investment platform FUNDtastic announced it has raised a $7.7 million Series A to tap into that demand, with plans to launch new products for retail investors, reports DealStreetAsia. The round was led by […]

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AccountsIQ scores €5.8M for its financial management software for multi-entity SMEs Feb 22, 2021

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AccountsIQ, a financial management software (FMS) startup founded by a team of chartered accountants (when accountants want to be entrepreneurs, you know startups are a thing), has raised €5.8 million in funding. Backing the Dublin-based company, which targets mid-sized businesses that operate multi-entities, is Finch Capital, the fintech focussed VC that recently outed its third […]

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Torii announces $10M Series A to automate SaaS management Feb 19, 2021

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Today, that software is offered as a cloud service should be pretty much considered a given. Certainly any modern tooling is going to be SaaS, and as companies and employees add services, it becomes a management nightmare. Enter Torii, an early stage startup that wants to make it easier to manage SaaS bloat. Today, the […]

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Robinhood goes to Congress Feb 19, 2021

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Update: There’s an entire second session of this? My lord. Today the House Financial Services Committee dragged the CEO of Reddit, a Cato wonk, social media icon DeepFuckingValue, the CEO of Citadel Kenneth Griffin, a hedgefund bro who got whomped by DeepFuckingValue, and the CEO of Robinhood Vlad Tenev, who got womped when individual investors […]

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Locus Robotics has raised a $150M Series E Feb 18, 2021

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Massachusetts-based Locus Robotics today announced a $150 million Series E. The round, led by Tiger Global Management and Bond, brings the firm’s total to around $250 to date, and values the robotics company at $1 billion. Locus is notable for a more modular and flexible solution for automating warehouses than many of its competitors (see: […]

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Ally.io rasies $50M Series C as the OKR software market stays explosive Feb 18, 2021

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This morning Ally.io, a software startup with a focus on the OKR (objectives and key results, in case you’ve somehow avoided being exposed) goal-setting technique, announced that it has closed $50 million in new capital. The Series C round was led by Green Oaks Capital, Madrona Capital, and its Series B lead, Tiger Global. Ally […]

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Jet co-founder Nate Faust is building a more sustainable e-commerce experience with Olive Feb 17, 2021

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Nate Faust has spent years in the e-commerce business — he was a vice president at Quidsi (which ran Diapers.com and Soap.com), co-founder and COO at Jet (acquired by Walmart for $3.3 billion) and then a vice president at Walmart. Over time, he said it slowly dawned on him that it’s “crazy” that 25 years […]

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Bitcoin briefly breaks the $50,000 barrier as Coinbase’s direct listing looms Feb 17, 2021

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The hodl-crew are having quite the moment as bitcoin passed the $50,000 mark earlier today for the first time. Data pegs the peak at just over $50,500. The price of bitcoin, the world’s best-known cryptocurrency, has historically proven a reasonable proxy for consumer interest in the cryptocurrency space, and for trading activity amongst blockchain-based assets. […]

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After pausing the business, Fronted finally launches to offer loans to cover rent deposits Feb 16, 2021

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Fronted, the London-based fintech aiming to make life easier for renters, including lending the cash needed for a deposit, has finally launched. In March, its founders took the decision to “hibernate” the nascent business after the first lockdown and with the pandemic taking hold. But, now with regulatory approval from the FCA and rents falling […]

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Delivery company goPuff is in talks to acquire the UK’s Fancy Feb 16, 2021

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GoPuff, the U.S.-based startup that operates its own “microfulfillment” network and promises to deliver items such as over-the-counter medicine, baby food and alcohol in 30 minutes or less, is in talks to acquire the U.K.’s Fancy Delivery, TechCrunch has learned. According to sources, terms of the acquisition are still being fleshed out, and the deal […]

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