Fundings & Exits

Requiem for a Unicorn

unicorn2a Editor’s Note: Micah Rosenbloom is a Venture Partner at Founder Collective, a seed-stage venture capital fund. Marc Andreessen has said that there are 15 companies per year that generate 90% of the returns for VCs. Startups jockey for position in the “Billion Dollar Club.” In the world of startups we don’t have the S&P 500, we have the “Unicorn 50.” Fab… Read More

Photo-Sharing App Memoir Snags $5.5 Million To Help You Recall The Past

memoir Photo-sharing application Memoir, a Timehop competitor that allows you to rediscover old photo “memories,” has raised an additional $5.5 million in a round led by Redpoint Ventures’ Ryan Sarver. Others participating included prior investors Founder Collective, Box Group, Lerer Ventures and Thrive Capital. The company had previously raised $1.2 million in seed funding.… Read More

Social Betting App Youbetme Raises $2.7M

youbetme Youbetme, the startup behind the social betting app of the same name, announced today that it has raised $2.7 million in Series A funding.
Youbetme says it launched the app in January. The company bills itself as a way to “bet on anything, at any time,” either through its iOS app or it’s website. To be clear, it doesn’t support real-money betting, but rather tracking… Read More

GoPro Craters 9.3% After Pricing Its Secondary Offering At A Discount

screen-shot-2014-06-26-at-8-23-09-am GoPro fell more than 9 percent today, after it priced its secondary offering at $75 per share, a discount to its market price. The company ended regular trading today at $71.74 per share, or a several dollar negative delta to the proposed price. The company will sell 1,287,533 itself, while prior shareholders will sell 9,072,967. Underwriters of the sale may purchase 1,554,075 shares as… Read More

FastPay Raises $15M More To Improve Digital Media Cashflow

Jed Simon FastPay, a startup offering credit to digital media companies, is announcing that it has raised $15 million in additional equity funding.
That description might not sound particularly sexy, but FastPay seems to be tackling a common problem for companies that serve as middlemen between online publishers and advertisers (such as ad agencies, demand side platforms, supply side platforms, ad… Read More

Kaufmann Mercantile Luxury E-Commerce Platform Lands $3.2 Million In Funding

Screenshot 2014-11-20 12.37.36 Today Kaufmann Mercantile has announced the close of a $3.2 million Series A funding round led by 14W, with participation by Dave Morin, Justin Shaffer, and Slow Ventures, among others.
Kaufmann Mercantile is an online retailer that focuses on the curation of luxury, high-quality products. You could think of it a bit like Fab.com, but with a focus on luxury products as opposed to funky design. Read More

Eric Schmidt’s Farm2050 Collective Will Back Agriculture Tech To Feed Earth’s Growing Population

Screen Shot 2014-11-20 at 4.27.51 AM We’ll need to produce 70% more food by 2050 to sustain a world population expected to grow to 10 billion. Yet agriculture startups struggle to get the funding, manufacturing, and test facilities needed to build tech that could boost food production. To fix that disconnect, Google Chairman Eric Schmidt’s Innovation Endeavors and Flextronics Lab IX today launched Farm2050, a… Read More

Deep Identity Raises $470,000 To Help Companies Manage Access On Their Networks

network Deep Identity, a Singapore-based startup that helps companies manage access to their internal networks and services, has raised US$470,000 (SG$589,000) to expand its services into the cloud and open a presence in Europe. Read More

“You Can’t Bootstrap This Business” Says Marley Spoon CEO, After Recipe-Kit Service Scoops Up $5M Series A

Marley Spoon Despite taking at least two fatalities in the U.K. — both Housebites and Dinnr dead-pooled earlier this year — the cook-at-home food delivery startup idea looks like it’s here to stay. After Shuttlecook launched in London earlier this week, the latest to throw its chef’s hat in the ring is Marley Spoon, which has expanded beyond Germany, to launch in the U.K., and… Read More

Managed By Q, The Platform For Office Management, Closes $1.65M Seed Round

b There are tons of products and services out there that make an office more efficient, from specialized industry software to something as simple as an Amazon Prime membership. But there’s no service that comprehensively handles the maintenance and everyday care of the actual space. That’s where Managed By Q comes in. The startup just raised $1.65 million in seed funding from… Read More