A little over two years after ANGI Homeservices acquired his startup Handy, Oisin Hanrahan is becoming CEO of the combined organization and joining its board of directors. ANGI is a publicly traded subsidiary of IAC, formed from the merger of Angie’s List and HomeAdvisor. In addition to the Angie’s List, HomeAdvisor and Handy brands, the […]
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This is our first-ever Wednesday episode. If you want to learn more about the latest edition of the podcast, head here for more. This week we talked about space, an increasingly active part of the global economy, and […]
Equity is celebrating its fourth birthday in a few weeks and closed 2020 with its biggest quarter to date. To celebrate and say thank you to our wonderful listeners who tune into us each and every single week, we’re growing upward and outward! First, as many of you have noticed, we’ve expanded the Equity team. […]
After years of losses, African e-commerce giant Jumia claimed significant progress towards profitability in its Q4 2020. Backing that claim, Jumia reported record gross profit and some improvements to its cost structure. The company wrote in its earnings release that while “2020 has been a challenging year operationally with COVID-19 related supply and logistics disruption,” […]
It’s been almost 10 years since Justworks launched. The platform, founded by Isaac Oates, was yet another example of software eating the world; in this particular instance, it was the world of HR. Since, the company has raised nearly $150 million in funding. All the way back in 2016, Bain Capital Ventures caught a whiff […]
Oak HC/FT general partners Annie Lamont, Andrew Adams and Tricia Kemp invested in healthcare and fintech before the two sectors were mainstream, and today, as a result of that early intuition and a handful of key exits, the trio has over a billion dollars in new fund money to show for it. The firm announced […]
Kapor Capital, the venture firm focused on funding social impact ventures and founders of color, is raising a $125 million fund, called Kapor Capital, Fund III, a source familiar with the situation told TechCrunch. What’s notable about this fund is that it will be the first time Kapor Capital is accepting outside money from investors […]
As the market for EVs shifts to include commercial vehicles, aerospace, off-roaders and microtransit, the commercial future for SSBs is finally looking a little more solid.
Kaleido, makers of a drag-and-drop background removal service for images and video, have been acquired by up-and-coming digital design platform Canva. While the price and terms are not disclosed, it is speculated that this young company may have fetched nearly nine figures. It’s the right product at the right time, seemingly. In 2019, the Vienna-based […]
Should you try to get your startup into an accelerator program? How do you make the right impression on the application? Where does your team need to be before you apply — and once you’re in, how do you make the most of your time in the program? Join us at the TechCrunch Early Stage […]
Genealogy tracking online is a big business, and today comes some M&A news for one of the bigger names in the field. TechCrunch has learned and confirmed that Israel’s MyHeritage.com — a profitable site that lets people test DNA and track their family lineage and has some 62 million users — is getting acquired by […]
The European Union has kicked off the first stage of a consultation process involving gig platforms and workers. Regional lawmakers have said they want to improve working conditions for people who provide labor via platforms which EU digital policy chief, Margrethe Vestager, accepted in a speech today can be “poor” and “precarious”. Yet she also […]
SpaceX’s grand vision for Starship, the next-generation spacecraft it’s currently in the process of developing, includes not only trips to Mars, but also regular point-to-point flights right here on Earth. These would skim the Earth’s outer atmosphere, reducing travel times for regular international flights from many hours to around 30 minutes. They’ll need to take […]
When in 2018, Smash Ventures showed up as an investor in a $1.25 billion round for Epic Games — reportedly the largest ever investment in a video game company at the time — it was the first time many had heard of the investing outfit. When the brand showed up again last summer in an […]
Google Cloud today announced a new operating mode for its Kubernetes Engine (GKE) that turns over the management of much of the day-to-day operations of a container cluster to Google’s own engineers and automated tools. With Autopilot, as the new mode is called, Google manages all of the Day 2 operations of managing these clusters […]
Apple supplier Foxconn Technology Group has reached a tentative agreement with electric vehicle startup-turned-SPAC Fisker to develop and eventually manufacture an EV that will be sold in North America, Europe, China and India. Fisker and Foxconn said Wednesday that a memorandum of understanding agreement has been signed. Discussions between the two companies will continue with […]
This morning MealMe.ai, a food search engine, announced that it has closed a $900,000 pre-seed round. Palm Drive Capital led the round, with participation from Slow Ventures and CP Ventures. TechCrunch first became familiar with MealMe when it presented as part of the Techstars Atlanta demo day last October, mentioning it in a roundup of […]
Employers today often use perks to attract new talent in the form of discounts and deals, commuter funds, gym memberships, childcare, free lunches and more. But the pandemic has impacted what sort of in-office or other in-person perks employees can access. That’s led to booming growth — and now, a fundraise — for a startup […]
In a mere 72 hours, early bird pricing disappears for TechCrunch Early Stage 2021, our two-part, founder bootcamp series focused on the building blocks you need to grow your company. The first event, TC Early Stage Operations & Fundraising, happens on April 1-2 — that’s two program packed days of education, connection and opportunity. The […]
