In its very first financing in 7 years, profitable fintech Lower raises $100M Series A led by Accel

In its very first financing in 7 years, profitable fintech Lower raises $100M Series A led by Accel

Lower, an Ohio-based home finance platform, announced today it has raised $100 million in a Series A funding round led by Accel. This round is notable for a number of reasons. First off, it’s a large Series A even by today’s standards. The financing also marks the previously bootstrapped Lower’s first external round of funding […] …

Detroit-based Signal Advisors raises $10M Series A led by General Driver

Signal Advisors is developing a specialized financial platform for financial advisors, and the company is revealing it raised a $10 million Series A led by Brian Ru and Hemant Taneja at General Catalyst. This funding is on top of the $6 million seed round it raised in 2020 from Detroit Venture Partners, Ludlow Ventures, General […] Signal was founded following CEO Patrick Kelly’s profession as a monetary consultant. In this capability, he discovered the requirement for an end-to-end platform for monetary consultants, specifically those independent and offering annuities and life insurance. We desire to supply independent monetary advisors with an incorporated platform….

Detroit VCs weigh in on fundraising and building startups in Michigan and the Midwest

Detroit VCs weigh in on fundraising and building startups in Michigan and the Midwest

TechCrunch just hosted a small virtual meetup with Detroit start-ups and venture capitals. Like the one we held last month in Miami, the occasion was a blast and featured a talk with two regional VCs on which start-ups work in Detroit and how to raise money from local investors. In case you missed it, the […] They point to Bloomscape (houseplants) and StockX (tennis shoes) and the numerous medical and security start-ups in Detroit, close-by Ann Arbor and the surrounding metro location.

What does it require to develop a start-up ecosystem?

Say it louder for the people in the back: As tech grows bigger by the minute and venture capital adds dollar signs by the day, a startup hub’s success is not an either/or situation. The next Silicon Valley is a tired narrative, when in reality startups look, innovate and create differently all over the world. […] …

Last call for Detroit startups to make an application for TechCrunch’s Detroit City Spotlight pitch-off

Last call for Detroit startups to make an application for TechCrunch’s Detroit City Spotlight pitch-off

TechCrunch is hosting a little virtual event on April 15 for start-ups in Detroit and we’re still searching for a couple of start-ups to pitch at the event. The deadline is today, Friday, April 9th. Apply listed below. Want to go to the complimentary event? Register here. TechCrunch just released a function on Detroit-darling StockX, and this meetup […] Want to go to the complimentary occasion? Everyone is welcome to go to the occasion, but we’re looking for startups based in Michigan’s southeast area to pitch at this event. We’re spinning up similar events in other areas too.

Start your engines, TechCrunch is (virtually) headed to Detroit

Start your engines, TechCrunch is (virtually) headed to Detroit

Thanks to a warm welcome from Miami, our first City Spotlight was a huge success. We fulfilled investors and business owners who are dealing with fantastic things, and we were proud to share their individual stories on why Miami is the right city for them to reside in and operate. Join us on our next […] Why Detroit? This is where StockX and Rivian call home, along with a growing stable of medical technology companies, fintech start-ups and security companies.

Carbon Health to release 100 pop-up COVID-19 screening centers throughout the U.S.

Carbon Health to release 100 pop-up COVID-19 screening centers throughout the U.S.

Primary care health tech start-up Carbon Health has actually included a brand-new component to its “omnichannel” health care approach with the launch of a new pop-up clinic design that is currently live in San Francisco, LA, Seattle, Brooklyn and Manhattan, with Detroit to follow quickly– which will be rolling out over the next weeks and […] Far, Carbon Health has actually focused its COVID-19 efforts around its existing centers in the Bay Location, and likewise around pop-up testing sites set up in and around San Francisco through cooperation with genomics startup Color, and community authorities. Now, Carbon Health CEO and co-founder Even Bali tells me in an interview that the business thinks the time is right for it to take what it has found out and apply that on a more national scale, with a design that permits for rapid and flexible implementation. Interior of one of Carbon Health’s COVID-19 testing pop-up clinics in Brooklyn. To this end, Carbon Health also started using a mobile trailer that would travel from town to town in order to offer testing to neighborhoods that weren’t normally well-served. Speed is the huge advantage, and that’s what is helping Carbon Health look ahead from this specific moment, to how these may be used either post-pandemic, or during the eventual vaccine distribution phase of the COVID crisis….