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KKR leads $300M investment in phishing training company KnowBe4 Jun 13, 2019

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You might not have known about KnowBe4 before, but you should now because this morning, the company announced a massive $300 million investment led by private equity firm KKR. The deal is based on a billion valuation. Existing investors Elephant and TenEleven Ventures also participated in the round. The massive influx of cash comes on top of a $50 million round in March, also led by KKR. They really, really like this company.

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Stride raises $2.2M from JetBlue, NFX for its guided trips marketplace Jun 13, 2019

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Group travel, it’s something you either love or hate, but Stride, which describes itself as a marketplace for “experiential multi-day and multi-destination packaged trips planned by experts,” wants to change this perception. The service, which was co-founded by former Starwood Hotels and Viator executive Gavin Delany, today announced that it has raised a $2.2 million seed round from JetBlue Ventures and NFX.

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Welcome’s new app will do your travel planning for you Jun 12, 2019

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Welcome is a new app that CEO Matthew Rosenberg said is designed for a more spontaneous approach to traveling. “What we’re going after is these millennials [and] Gen Z travelers who feel comfortable going in the moment,” Rosenberg told me. “Eighty-five percent of people aren’t even looking at activities before they arrive.

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Yubo is a social network about socializing Jun 12, 2019

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Meet Yubo, a French startup that wants to make social networks a bit more… social. Yubo is an app designed for teenagers, and it’s all about meeting people, making new friends and belonging to a community. The app has quietly grown over the past few years and managed to attract 20 million users. There are now close to a million users who open the app every day, and the company says that it is currently growing by 10 percent month-over-month.

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Infarm closes $100M Series B to scale its ‘urban farming platform’ Jun 11, 2019

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Infarm, the Berlin-based startup that has developed vertical farming tech for grocery stores and restaurants, is disclosing $100 in in Series B investment. The round is led by London VC Atomico, and consists of mix of equity funding and debt financing. Infarm’s existing investors, including Balderton Capital, Astanor Ventures, Cherry Ventures, also participated in the round. In addition, TriplePoint Capital has invested, presumably providing a bulk if not all of the debt.

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Workhorse gets $25 million needed to finish electric delivery van Jun 11, 2019

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Workhorse Group, the electric vehicle company that grabbed headlines last month over a proposed deal to buy General Motors’ Lordstown, Ohio factory, has raised $25 million from a group of unnamed investors. The money will not go toward the factory. Instead, it will be used for the more pressing matter of keeping the company running. Under terms of the deal, investors will receive preferred stock and warrants to buy shares. An annual dividend will be paid out in shares of Workhorse stock.

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Depop, a social app targeting millennial and Gen Z shoppers, bags $62M, passes 13M users Jun 10, 2019

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The rising popularity of omni-channel commerce — selling to customers wherever they happen to be spending time online — has spawned an army of shopping tools and platforms that are giving legacy retail websites and marketplaces a run for their money. Now, one of the faster growing of these is announcing an impressive round of funding to stay on trend and continue building its business.

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Unmortgage, the ‘part own, part rental’ housing startup, loses founder and CEO Jun 10, 2019

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Unmortgage founder and CEO Rayhan Rafiq-Omar (centre) has departed the companny Unmortgage, the London-based startup that wants to let people buy as little as five percent of a home and rent the rest, has lost its founder and CEO, TechCrunch has learned. According to a regulatory filing on Companies House, Unmortgage’s Rayhan Rafiq-Omar was terminated as a Director on 4th of May, and has been replaced on the board by Unmortgage co-founder and product lead Josef Wasinski.

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Thumbtack is raising up to $120M on a flat valuation Jun 07, 2019

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Thumbtack, one of the first players in what is now known as the gig economy, has hit the fundraising circuit once again. The online services marketplace that matches customers with nearby professionals is raising up to $120 million in Series H shares, according to a Delaware stock authorization filing uncovered by the Prime Unicorn Index. Thumbtack did not immediately respond to a request for comment.

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The Ticket Fairy is tech’s best hope against Ticketmaster Jun 07, 2019

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Ticketmaster’s dominance has led to ridiculous service fees, scalpers galore, and exclusive contracts that exploit venues and artists. The moronic approval of venue operator and artist management giant Live Nation’s merger with Ticketmaster in 2010 produced an anti-competitive juggernaut. It pressures venues to sign ticketing contracts under veiled threat that artists would otherwise be routed to different concert halls.

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