Matrix Partners
FeaturePeek’s founders graduated from Y Combinator in Summer 2019, which for an early-stage startup must seem like a million years ago right now. Despite the current conditions though, the company…
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As funding slows in Boston, its early-stage market could shine
Chris Lynch, a founder and former general partner at Boston-based seed-stage fund Accomplice, remembers “VC Mountain in Waltham.” Back then, entrepreneurs on funding quests would visit a building overlooking the Waltham Reservoir near Boston where they pitched to a few investors: Matrix Partners, Charles River Ventures and Highland Capital Partners. “And…
Namely, a former high flier, slashes staff as demand for its HR software dries up in the pandemic
Namely, an eight-and-a-half-year-old, New York-based company that sells payroll, talent management and other HR services to mid-size businesses across the U.S. via subscription software, has let go of upwards of…
Guilded raises $7 million for its competitive gaming-focused chat app
Gaming platforms have earned serious clout with investors in recent years. Add in the VC excitement surrounding collaboration tools and it’s no surprised there’s interest in backing another gaming chat…
Investors tell Indian startups to ‘prepare for the worst’ as COVID-19 uncertainty continues
Just three months after capping what was the best year for Indian startups, having raised a record $14.5 billion in 2019, they are beginning to struggle to raise new capital…
WeChat Pay and Alipay partner QFPay raises $20 million to develop new digital payment solutions
Digital payments startup QFPay announced today that it has raised $20 million in new funding led by returning investors Sequoia Capital China and Matrix Partners. MDI Ventures (the investment arm…
Apollo, a San Francisco-based startup that provides a number of developer and operator tools and services around the GraphQL query language, today announced that it has raised a $22 million…
Australia’s design unicorn, Canva, picks up two free image-sharing services, and launches new photo product
Canva, the design and publishing platform taking on Adobe, PowerPoint and others, has acquired the free stock image providers Pexels and Pixabay and launched a new subscription service for its…
Sila Nano’s battery tech is now worth over $1 billion with Daimler partnership and $170 million investment
Sila Nanotechnologies and its battery materials manufacturing technology are now worth more than $1 billion. The company, which announced a $170 million funding led by Daimler and a partnership with…
Matrix Partners has backed one of Y Combinator’s recent graduates.
Travel activities platform Klook raises $225M led by SoftBank’s Vision Fund
We recently noted that SoftBank’s Vision Fund has stepped up its deal-making in Asia this year, and today it added a new company to its roster: travel services platform Klook.…
Donde Search picks up $6.5 million to help fashion retailers with visual search
Donde Search has just closed a $6.5 million Series A investment led by Matrix Partners, with participation from previous investors such as senior leaders from AliExpress, Google, Waze and MobileEye.…
Earnin raises $125M to help workers track and cash out wages in real time
The fintech company has raised the funds from DST Global, Andreessen Horowitz, Spark Capital, Matrix Partners, March Capital Partners, Coatue Management and Ribbit Capital.
Ola, Uber’s India rival, invests $100M in scooter rental startup Vogo
We’re familiar with Uber cozying up to scooter startups — it has bought one and invested in another — but over in India, the U.S. firm’s key rival is hatching…
Farfetch bets on sneakers with $250M Stadium Goods acquisition
Luxury fashion marketplace Farfetch will tap into the sneaker resale economy with its latest transaction.
Another crypto exchange goes old school as KuCoin raises $20M from VCs
I’ve said it before but I’ll say it again: One of the biggest trends in crypto this year is companies raising money the old-fashioned way — through venture capitalists. Hot…
Palo Alto-based Poynt was launched in 2014 by the former head of Google Wallet and longtime PayPal executive Osama Bedier.
Former Formation 8 GP Shirish Sathaye joins Cervin Ventures
Shirish Sathaye has joined the enterprise-focused VC Cervin Ventures as a general partner. He remains a partner in Formation 8’s second fund.
The ambitious real estate ‘unicorn’ Opendoor just made its first acquisition, snapping up Open Listings
Opendoor, a four year-old, San Francisco-based company, has from the outset intended to make it possible to buy and sell residential real estate with a few key strokes. It seemingly…
New unicorn Klook raises $200M to expand its travel activities platform worldwide
Klook, a Hong Kong-based startup developing a travel activities platform, has pulled in $200 million in new capital to fuel a major expansion into the U.S. and Europe. A spokesperson…
Exclusive: HR startup Namely, once a high flier, gets a new CEO and $60 million in new funding to soar again
Namely, a 400-person, six-and-a-half-year-old company, has mostly had the kind of trajectory that other startups envy. Mostly. The startup’s mobile-first platform — which sells payroll, talent management and other HR…
Parabola raises $2.2 million to simplify programming for employees stuck in Excel all day
While knowledge workers are handling increasingly difficult tasks — ones that may be much easier to handle with just a Python script — Alex Yaseen thinks that in the future not…
Asian travel platform Klook raises $60M with backing from Goldman Sachs
Sometimes, for growth stage startups raising money, when it rains it pours. That’s the case for Klook, a Hong Kong-based travel startup that specializes in helping travelers book trip activities and…
Activehours raises $39 million for its new take on cash advances
Nine months after raising $22 million for its unique take on the cash-advance business, Activehours has gone back to the venture capital well and pulled out another $39 million in…
Open Listings raised $6.5M to help you buy a home without an annoying agent
Open Listings, the YC-backed startup that lets buyers purchase homes and get a 50% refund on whatever fee their real estate agent would normally make, has raised $6.5M in Series…
Klook raises $30M for its Asia-focused travel activity platform
Klook, a service for finding and booking travel activities, has closed a $30 million Series B funding round led by Sequoia China. Existing backers Matrix Partners and Welight Capital, a firm…
Activehours, which makes every day a payday, just raised $22 million in Series A funding
What if you didn’t have to wait every two weeks to receive a paycheck? What if you could be wired the money you earned almost immediately after a shift? What…
GOAT raises $5 million to help sneakerheads buy and sell covetable kicks
Los Angeles startup GOAT (incorporated as 1661 Inc.) has raised $5 million in new venture funding to grow its mobile-only marketplace for used and collectible sneakers. The GOAT app features…
India’s Treebo Hotels raises $17 million for its budget hotel network
Treebo Hotels has raised $17 million led by Bertelsmann India Investments (BII) with participation from existing investors SAIF Partners and Matrix Partners India.
Klook, An App For Booking Travel Activities Across Asia, Raises $5M
Klook, a Hong Kong-based company that sells travel activities across Asia, has announced a $5 million Series A round led by US-Sino investment fund Matrix Partners. China Growth Capital and…
