Simplified investing app Stash raises $37.5 million Series D as it heads into banking

 Stash, the micro-investing app that’s been a hit with first-time investors, announced today it has raised an additional $37.5 million in Series D funding in a round led by Union Square Ventures. Existing investors Breyer Capital, Coatue Management, Entree Capital, Goodwater Capital and Valar Ventures also participated. The company competes with a range of new investment apps –… Read More

Raise softly and deliver a big exit

 In the world of venture capital, the prospect of a successful “exit” looms large in the minds of investors. A VC’s business model is less about the money that goes into a startup than it is about what comes out. It’s true that most companies fail to exit gracefully, and of those that do, surprisingly few exit by going public. Read More

Cardlytics up 3% following IPO, raised $70 million

 Atlanta-based Cardlytics made its public debut on Friday, closing the day at $13.37, just a little above the IPO price of $13. The company sold 5.4 million shares, raising $70 million. Cardlytics works with financial institutions like Bank of America and 2,000 others to run cash back programs. It partners with brands across restaurant, retail, travel, grocery and home subscription categories… Read More

Grove raises $2.1M to find the sweet spot between old-school financial advisors and chatbots

 Right now if you want financial guidance and planning help you basically have two options – shell out thousands (or more) a year for an old-school Wall Street-affiliated advisor, or test your luck with one of the free financial planning chatbot startups that have been popping up over the past few years. Neither of these are ideal for most people; traditional advisors give good advice but… Read More

Twitter is now worth more than Snap

 Adding to what’s already a Very Weird 2018, Twitter now has a bigger market cap than Snapchat maker Snap after posting a thoroughly interesting earnings beat for its fourth quarter this morning. Shares of Twitter rocketed more than 25% this morning following the report, which showed the service is actually able to generate a profit on a GAAP basis. Twitter already wrapped up 2017 with a… Read More

Captain401, now Human Interest, raises $11M to open build a 401(k) for small businesses

 Pushing through a funding round is never an easy process — and for Captain401 co-founder Roger Lee, it was even more tricky this time around. That’s because Lee and his team raised $11 million right around the birth of his first baby. That gave Lee an even deeper appreciation and understanding for the need of robust employee benefits, which was part of the original goal of… Read More

CloudBees acquires CodeShip as devops consolidates

 More consolidation is afoot in the busy world of backend developer tools. Today, CloudBees — the company closely associated with support and services for the open source Jenkins continuous integration and delivery engine — has announced that it will acquire CodeShip, another startup in the dev-ops space focusing on continuous integration and delivery. Terms of the deal are not… Read More

Zebra Fuel raises $2.5M to deliver fuel direct to your vehicle

 Zebra Fuel, a London-based startup that wants to eliminate the inner city gas station by delivering fuel directly to your vehicle, has raised $2.5 million in seed funding.
The round is led by Robin and Saul Klein’s LocalGlobe, with participation from Brent Hoberman’s Firstminute Capital, and Alex Chesterman, the Zoopla founder and one of the U.K.’s most active angel investors. Read More