Millennials take a different approach to investing than previous generations. Only one in three are buying stocks. And some are turning to software, rather than humans, for advice on financial planning. For the past ten years, Wealthfront has been building out a platform that it hopes will appeal to the next class of wealth creators. Instead of paying advisors, Wealthfront believes that it… Read More
from TechCrunch
Healthcare in America is a mess with no quick solutions and many people aren’t getting the help they need. Created to bridge mental and physical healthcare, New York City-based Quartet Health wants to make life better for patients with a platform that allows providers to collaborate on treatment plans. Currently available in six U.S. markets, Quartet announced today that it has raised… Read More
from TechCrunch
While apps continue to grow in popularity as a primary route for people to interface with the digital world, there remains a very significant role for the web, and today, a startup that helps businesses build and run websites, specifically on WordPress, has raised a very large round of money. WP Engine, which claims to be one of the world’s largest WordPress hosts, has raised $250 million… Read More
from TechCrunch
MoneyLion, the part lending, part savings and part wealth management app targeted at the financial middle class has raised $42M in Series B funding.This brings total equity funding to $67M since being founded in 2013.
The startup provides an all-in-one platform for anything finance related. A user connects their bank accounts and credit cards and then gets personalized advice based on their… Read More
from TechCrunch
Dahmakan, a food delivery startup from Malaysia that graduated Y Combinator last year, has raised $2.6 million as it begins to explore the potential to expand its business across Southeast Asia. The startup distinguishes itself from the likes of FoodPanda and Deliveroo with an “end-to-end” approach to food, that’s to say that it cooks all dishes itself and dispatches them… Read More
from TechCrunch
Bolt Threads, the startup making spider silk from microbugs, has raised a giant $123 million Series D round of funding. As we reported in November, an SEC filing showed the company had raised $106 million from Foundation Capital and Formation 8. Bolt now tells TechCrunch it has added to that amount, bringing up its total to $147 million raised so far. Read More
from TechCrunch
Earlier today, we reported that Didi was in the process of acquiring 99, a ridesharing company in Brazil, and now the two companies have confirmed the deal as part of Didi’s plans to expand its service into Latin America. Terms of the deal were not disclosed — we are asking — but earlier today we noted that Didi was effectively putting in $900 million — $600 million to… Read More
from TechCrunch
The retail industry is one that’s ripe for disruption by technology. Under intense pressure from giants like Amazon and Walmart, retailers are often stuck using legacy systems and are ill equipped to compete using the latest tools. Rubikloud announced a $37 million investment today to help retailers attack the modernization problem with cloud tools built with artificial intelligence… Read More
from TechCrunch
Spotify has filed confidentially to go public, sources told Dan Primack at Axios. He learned that the music streaming company filed with the SEC at the end of December. The timing is consistent with what we are hearing. Sources told us that they’ve been targeting a debut for the first quarter of this year. We’ve gotten hints that it could happen within the next month or so.… Read More
from TechCrunch
In a world shifting to the cloud, Microsoft has carved out a place trying to help companies caught between two worlds — on-prem legacy solutions and the public and private cloud. To help further that hybrid mission, the company announced it was acquiring Avere Systems today for an undisclosed amount. Microsoft describes Avere as “a leading provider of high-performance NFS and… Read More
from TechCrunch