Startup Industry News

A collection of Startup latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

techcrunch.com - Mary Ann Azevedo - Fintech startup Mercury, which is under regulatory scrutiny, expands into consumer banking
Fintech startup Mercury, which is under regulatory scrutiny, expands into consumer banking
TechCrunch

Business banking startup Mercury, founded in 2020, is now launching a consumer banking product. Mercury today serves more than 100,000 businesses, many of which are startups, via its B2B practice. The expansion is a natural move for the company and…

crunchbase.com - {'@id':'https:////news.crunchbase.com//#//schema//person//6d11b0748c590e1237ee422a6ca1cf01'} - 3 Tips To Improve Team Building And Employee Engagement In Your Startup
3 Tips To Improve Team Building And Employee Engagement In Your Startup
Crunchbase

Recruiting the right team is the first step in ensuring any startup's success. As a founder, it's essential that you attract and retain top talent for long-term prosperity. However, that is easier said than done. Nearly half of all startups…

fastcompany.com - Sam Becker - Startup-focused neobank Mercury launches personal banking, targeting the founder class
Startup-focused neobank Mercury launches personal banking, targeting the founder class
Fast Company

Attention, founders: Mercury wants to move into your personal orbit. The online bank designed for startups announced on Wednesday that it will open up its services for personal banking use for the first time. The company, which was named to Fast…

crunchbase.com - {'@id':'https:////news.crunchbase.com//#//schema//person//ce277c5a6e8240433c2527ece58d5fc5'} - The Shrinking Series E: More Senior Startups Raise Smaller Follow-On Rounds
The Shrinking Series E: More Senior Startups Raise Smaller Follow-On Rounds
Crunchbase

Typically, when a venture-backed startup raises a follow-on round, the size of the investment and the company's valuation go up as well. One expects a Series D round, for instance, to be larger than a Series C. Another bump usually occurs should…

bizjournals.com - Ashley Portero - No coders on staff? Miami startup raises $1.2M to help
No coders on staff? Miami startup raises $1.2M to help
The Business Journals

By Ashley Portero - Senior Reporter Dapta, a Miami-based no-code platform for businesses, secured $1.2 million in a pre-seed funding round led by investors Fen Ventures and LatinLeap. The capital will be used to support the startup's expansion…

techcrunch.com - Marina Temkin - HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B
HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B
TechCrunch

Image Credits: Haje Kamps / TechCrunch Late stage HRtech startup Rippling is raising new capital. The company's new round, that has not yet closed, would inject $200 million into Rippling with another $670 million worth of shares being sold by…

axios.com - Lucinda Shen - Startup targets class action fraud
Startup targets class action fraud
Axios

Claimscore, a startup targeting fraudulent claims in class action lawsuits, raised $3.2 million in seed funding led by ROC Venture Group, the company tells Axios exclusively. Why it matters: Fraudsters have been aggressively targeting class action…

techcrunch.com - Devin Coldewey - Space startups are licking their lips after NASA converts $11B Mars mission into a free-for-all
Space startups are licking their lips after NASA converts $11B Mars mission into a free-for-all
TechCrunch

Image Credits: NASA/JPL-Caltech NASA Administrator Bill Nelson has pronounced the agency's $11 billion, 15-year mission to collect and return samples from Mars: insufficient. But the strategy shift could be a huge boon to space startups, to which…

businessinsider.com - Rebecca Torrence - Health VC firm SpringTide Ventures just closed its second $65 million fund. Here's what a startup needs to get its backing.
Health VC firm SpringTide Ventures just closed its second $65 million fund. Here's what a startup needs to get its backing.
Business Insider

' Disrupting healthcare ' is a buzzy, if overused, phrase. Walters said the firm's central focus is on advancing lower-cost innovations in existing markets — like Henry Ford mass manufacturing automobiles to give everyday people access to…

financemagnates.com - Damian Chmiel - British Fintech Startups Raise $1.4B, Reclaim Throne as Top VC Destination
British Fintech Startups Raise $1.4B, Reclaim Throne as Top VC Destination
Finance Magnates

The UK fintech sector has reclaimed its position as the most funded startup sector in the country, raising an impressive $1.4 billion across 73 rounds in the first quarter of 2024. This resurgence comes after the energy sector briefly surpassed…

businessinsider.com - Rebecca Torrence - Here's the 13-slide pitch deck mental health startup Two Chairs used to raise a $72 million Series C for better patient-therapist matching
Here's the 13-slide pitch deck mental health startup Two Chairs used to raise a $72 million Series C for better patient-therapist matching
Business Insider

Two Chairs just grabbed $72 million of Series C equity and debt funding led by Amplo. The telehealth startup matches patients with therapists for individual and group counseling. Two Chairs was bringing in $68 million in recurring revenue in…

nzherald.co.nz - Jeremy Wilkinson - Kardashian-backed skincare giant loses trademark dispute against West Coast startup
Kardashian-backed skincare giant loses trademark dispute against West Coast startup
NZ Herald

A skincare company endorsed by one of the Kardashian sisters has failed in a bid to oppose a trademark bid from a small startup on the West Coast. The startup, owned by drain layer Rory Hill, hoped to call itself Manuka Medic after the plant it…

crn.com - Kyle Alspach - Armis Acquires Risk Prioritization Startup Silk Security For $150M
Armis Acquires Risk Prioritization Startup Silk Security For $150M
CRN

The deal is the second acquisition to date for cybersecurity unicorn Armis. Armis announced its acquisition Wednesday of a startup focused on helping organizations prioritize their response efforts to cybersecurity risk. The acquisition of the…

globes.co.il - Assaf Gilead - Promising startups suffer as profit trumps growth
Promising startups suffer as profit trumps growth
גלובס

What makes a startup promising? It depends not only who you ask but when you ask. Startups considered promising two years ago when growth was everything, suddenly found themselves judged by completely different standards, when investors started…

financemagnates.com - Jared Kirui - Admirals' Former CEO Victor Gherbovet Launches SaaS Solution Startup
Admirals' Former CEO Victor Gherbovet Launches SaaS Solution Startup
Finance Magnates

Admirals' former CEO, Victor Gherbovet, recently launched a software-as-a-service (SaaS) technology company that offers services to crypto exchanges and traditional financial markets. Dubbed FirstByt, the new platform provides solutions such as a…

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