Category: Funding

image
March 25, 2020

Online marketplace OfferUp raises $120M, acquires top competitor letgo

OfferUp, a top online and mobile marketplace app, announced this morning it’s raising $120 million in a new round of funding led by competiting marketplace letgo’s majority investor, OLX Group, and others. As a part of the deal, OfferUp will also be acquiring letgo’s classified...


by Sarah Perez in Apps
image
March 19, 2020

Female-led Robin Games raises $7M to combine lifestyle content with fantasy gaming

As a former Jam City executive, Jill Wilson led teams behind some of the top-grossing gaming franchises, like Cookie Jam and Panda Pop. Now she’s running her own startup, Robin Games, where a team of mostly women is working to create a new niche in...


by Sarah Perez in Apps
image
March 16, 2020

To make locks touchless, Proxy bluetooth ID raises $42M

We need to go hands-off in the age of coronavirus. That means touching fewer doors, elevators, and sign-in iPads. But once a building is using phone-based identity for security, there’s opportunities to speed up access to WIFI networks and printers, or personalize conference rooms and...


by Josh Constine in Access Control
image
March 11, 2020

Libra rival Celo launches 50-member Alliance For Prosperity

Some Libra Association members like Andreessen Horowitz and Coinbase Ventures are double-dipping, backing a competing cryptocurrency developer platform. Launching today with over 50 partners, non-profit The Celo Foundation’s ‘Alliance For Prosperity’ offers a way for developers to build decentralized mobile apps that are based on...


by Josh Constine in Anchorage
image
March 2, 2020

mParticle raises $45M to help marketers unify customer data

mParticle, which helps companies like Spotify, Paypal and Starbucks umanage their customer data, is announcing that it has raised $45 million in Series D funding. Co-founder and CEO Michael Katz told me that the company has benefited from broader shifts — like new privacy regulation...


by Anthony Ha in Advertising Tech
image
February 28, 2020

End Game, the startup behind Zombs Royale, raises $3M

End Game Interactive CEO Yang C. Liu has a refreshingly straightforward description of what he and his co-founder Luke Zbihlyj are up to: “We’re just building games. And to be honest, we don’t know what we’re doing.” Despite this self-proclaimed ignorance, End Game has just...


by Anthony Ha in Funding
image
February 28, 2020

Teen hit Yolo raises $8M to let you Snapchat anonymously

It wasn’t a fad. Yolo became the country’s No. 1 app just a week after launch by letting teens ask for anonymous replies to questions they posted on Snapchat. But nine months later, Yolo is still in the top 100 iOS apps and has 10...


by Josh Constine in anonymity
image
February 22, 2020

Fintech startups raised $34B in 2019

Financial services startups raised less money in 2019 than they did in 2018 as VC firms looked to back late stage firms and focused on developing markets, a new report has revealed. According to research firm CB Insights’ annual report published this week, fintech startups...


by Manish Singh in Asia
image
February 18, 2020

Secret’s founder returns with anti-loneliness app Ikaria

“I don’t feel good about that. That sucks” Chrys Bader-Wechseler reflects when asked about the bullying that went down on the anonymous app Secret he co-founded in 2013. After $35 million raised, 15 million users, and a spectacular flame out two years later, the startup...


by Josh Constine in Apps
image
February 11, 2020

MoEngage lands $25M for its mobile-first customer engagement platform

MoEngage, a San Francisco and Bangalore-based startup that helps firms better understand their customers and improve their engagement, has raised $25 million in a new financing round as it looks to grow its network in Asian markets. The new financing round, Series C, was led...


by Manish Singh in Apps