Buoyed by a new cash infusion of $5.5 million in Series A funding, GlobalWonks emerged Tuesday as Enquire AI.The Washington, D.C.-based company leverages artificial intelligence in a tool for businesses to find global subject-matter expertise in real time, from both internal and external...
Kyle Alspach / VentureBeat:
Cloud security remediation startup Dazz raises $50M Series A and $10M seed round from Insight Partners and others — Cloud security remediation startup Dazz, which today announced it has raised $60 million in funding, said it plans to launch its AI-driven product...
Agricultural microinsurance startup IBISA announced that it has raised a seed round of €1.5 million – approximately $1.70 million. The round was led by London-based specialized investor Insurtech Gateway, with participation from Rockstart’s AgriFood fund and others.Microinsurance typically...
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here.Hello and welcome to Daily Crunch for Monday, December 13! The theme of today is crypto, or web3 if you prefer that rebranding. Why? Because it turns out that an...
A women-led startup called Honeycomb is launching its private social app for families, backed by $4 million in seed funding led by Peter Boyce at Stellation Capital. Now out of private beta, the app offers families a way to curate and share their favorite moments and memories via their...
The “last mile” in the supply chain has gotten lots of attention during the pandemic. Even ecommerce giants like Amazon have struggled to surmount the challenges of distributing product fast enough to keep up with demand.But Factor, a startup created in 2018 by manufacturing industry veterans...
Zachery Eanes / Raleigh News & Observer:
ServiceTrade, which offers SaaS applications to commercial service contractors, raises $85M in a round led by JMI Equity — ServiceTrade, a Durham maker of automation software for commercial services businesses, like electricians, plumbers and...
HURR — a “RentTheRunway” style UK fashion rental marketplace – has raised $5.4M in a seed funding round led by European VC firm, Octopus Ventures. Also participating was Ascension and D4 Ventures, among others.HURR launched in 2019 and has a hybrid business model combining peer-to-peer fashion...
Instant grocery delivery continues to be a very frothy market, but today comes news of a major funding round for one player in it that investors believe will still be standing after the hype has died down.Flink, the Berlin-based startup that sells food and other essentials at supermarket...
First Resonance makes software for making hardware. The company’s Ion platform provides an all-in-one option for anyone who has to manage manufacturing lines, supply chains, engineering and design, among other things. Now, with $14 million in new funding, the company aims to scale up its...
Resolve, which specializes in “buy now, pay later” capabilities for B2B transactions, announced today that it has raised $25 million in equity funding.The investment comes just months after the company secured a combined $60 million asset and equity financing. Insight Partners led its latest...
The Kenyan fintech Kwara was launched in 2019 to help credit unions (savings and credit cooperatives societies, SACCOs) in the East African country shift to digital platforms by providing them with its proprietary Back-end-as-a-service (BaaS) software.The startup’s trajectory has been steep...
In a field that ranges from text therapy and AI chat bots, to guided meditation, some mental health startups are pursuing a different niche: therapy for kids. And kids only.HelloHero, a company focused on teletherapy for kids up to 21 years old (the average user is 10 years old), announced a...
CinetPay, a payment gateway that allows e-merchants and merchants to accept mobile money and other forms of payments in Francophone Africa, has secured $2.4 million in seed funding.Pan-African venture capital fund 4DX Ventures and unicorn Flutterwave are the investors in the round, and it...
Finding the right therapist is never an easy task, but it gets even harder when, as a person of color or someone with disabilities, there are few or no people sharing your experience available. Therify hopes to change that with a network of providers from and catering to marginalized...
Anita Ramaswamy / TechCrunch:
Majority, a mobile banking service serving migrants to the US, raises a $27M Series A led by Valar Ventures, six months after its $16M seed round — MAJORITY, a mobile banking service for migrants to the United States, said on Tuesday it had raised $27 million in...
MAJORITY, a mobile banking service for migrants to the United States, said on Tuesday it had raised $27 million in its Series A funding round led by Valar Ventures. Other existing investors, including Avid Ventures, Heartcore Capital, and a group of Nordic fintech founders, also participated in...
One of the biggest pain points for any business, but especially SMEs, is managing payroll.A startup that has built payroll automation software to make the process less painful, Pento, has raised $35 million in a Series B round of funding co-led by Tiger Global Management and Avid Ventures...
Serve Robotics, the autonomous sidewalk delivery company that spun out from Uber-owned Postmates in March, has closed an expanded seed round at $13 million. The company will use the funds to accelerate its expansion plans into new customer segments and geographic areas, which will require them...
Australia is emerging onto the online used car dealership scene with Carma, a startup that just raised a $20 million (AUD $28 million) seed round from Tiger Global, an American investment firm. Carma has been operating in stealth for the past nine months, and says the funding has enabled the...
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