June 9, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Branch, a startup offering bundled home and auto insurance, has raised $147 million in Series C funding at a postmoney valuation of $1.05 billion. Weatherford Capital, a family-owned private investment firm, led the round, which also included participation from existing and new backers such as Acrew, American Family Ventures, Anthemis, Gaingels, Greycroft, HSCM Ventures, Narya, […]
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Unacademy, a specialist in edtech, raises the ESOP Pool to $393 million.
July 11, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Unacademy has increased the amount of its ESOP pool by 19.8%. The ed-tech giant boosted the ESOP pool size from the previous 238.7 mn options to 286 mn options, according to its regulatory filing. Those familiar with the situation report that each choice is presently INR 109. This indicates that the larger ESOP pool would […]
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Maolac pours new funding into superfood mimicking breast milk health benefits
July 6, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Maolac pours new funding into superfood mimicking breast milk health benefits Inspiration for a new company can come from many different places. For Maya Ashkenazi Otmazgin, a biomedical engineer, it was while nursing her first child that she got the idea for harnessing the health benefits of breast milk, but in food and wellness supplements […]
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Branch snags $147M at a $1.05B valuation, showing that thorny insurtech market not impervious to growth
June 9, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Branch, a startup offering bundled home and auto insurance, has raised $147 million in Series C funding at a postmoney valuation of $1.05 billion. Weatherford Capital, a family-owned private investment firm, led the round, which also included participation from existing and new backers such as Acrew, American Family Ventures, Anthemis, Gaingels, Greycroft, HSCM Ventures, Narya, […]
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Planet FWD secures $10M so consumer products industry can track carbon emissions
May 30, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Planet FWD, a carbon-assessment startup founded by Zume Pizza co-founder Julia Collins, grabbed another cash infusion in the way of 10 million Series A dollars to continue developing technology so that the $1.5 trillion consumer products industry can more accurately measure and reduce their carbon footprint. We profiled Collins’ journey from pizza to climate-friendly food […]
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Legl, a SaaS for law firm workflows, tops up with $18M
May 20, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
While valuations of public software-as-a-service businesses have been taking a hammering of late as investors cool on the sector amid a wider, post-pandemic tech stock sell-off, SaaS startups still need to raise funding to scale their budding businesses — or, well, they hope they’ll be able to do so on reasonable terms despite these wider […]
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With a fresh $46M, Instabug aims to do more than fix your app’s bugs
May 19, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
Instabug, a startup that aims to help mobile developers monitor, identify and fix bugs within apps, has raised $46 million in a Series B funding round led by Insight Partners. The raise comes just over two years after the startup raised $5 million in a Series A round led by Accel, which doubled down on […]
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AI-powered construction management platform Buildots lands $60M
May 18, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
In the construction industry, managers can become disconnected from what’s happening on-site — particularly when dealing with pandemic-related disruptions. Among the top hurdles are staying on top of costs, communicating with all stakeholders and assessing risk related to aspects like contractor billing and performance. The disconnect can lead to delays and unanticipated expenses. One study […]
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Storyblok raises $47M to build out its headless CMS aimed at non-technical users like marketers
May 18, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
The world of web development continues to become increasingly more democratized — and more creative — thanks to innovations in “headless” systems that give more flexibility around how a site can look and function: an API-based middle ground between using rigid templates and building and maintaining every single component of a web’s tech stack from […]
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Customer service automation startup Lang lands $15M
May 14, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
The customer experience is one of the most important focus areas for businesses. According to PwC, among all customers, 73% point to experience as an important factor in their purchasing decisions, behind price and product quality. But the pandemic increased the workload of support teams, making it more difficult to hire customer service agents and […]
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Nexite raises $67M for its new approach to tagging and tracking merchandise in physical stores
May 12, 2022 / by Aditi Pathak / Funding, investment, News, Startup, StartupLanes
When it comes to commerce innovation, physical retail often feels like it gets the short end of the development stick against newer, faster-growing, more quantifiable (and still far from perfect) digital channels. But physical retail is far from disappearing altogether, and today a company that’s built a solution very specifically targeted at improving data around […]
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