Countingup closes ₤ 9.1 M for its organization current account with integrated accounting features

Countingup closes ₤ 9.1 M for its organization current account with integrated accounting features

Countingup, the U.K. fintech offering a company bank account with integrated accounting functions, has closed ₤ 9.1 million in Series An investment. Leading the round is Framework Venture Partners, with participation from Gresham Home Ventures, Sage and existing financiers. It’s notable that Countingup has actually previously taken investment from ING, and the addition of Sage as a […]
, the U.K. fintech providing an organization present account with integrated accounting functions, has closed ₤ 9.1 million in Series A financial investment. The company’s long-term vision is to be the one”financial hub”for micro companies in the U.K. and beyond. Its initial “attack vector” was to combine a business bank account with bookkeeping features to assist automate the filing of accounts– a major time sink and pain-point for sole traders and little organizations. Today that consists of a business bank account with its own sort code and account number, a Mastercard for making payments and assistance for faster payments and direct debits. …

Cashify raises $15 million for its second-hand mobile phone company in India

Cashify raises $15 million for its second-hand mobile phone company in India

Tens of millions of individuals each year purchase a second-hand mobile phone in India, the world’s second-largest market. Phone makers and huge online sellers such as Amazon and Flipkart understand it, however it’s excessive of a trouble for them to inspect, resell and fix used phones. But these firms likewise know that clients [ …] A startup that is helping these firms tackle this challenge said on Thursday it has raised $15 million in a new financing round. Cashify states it’s the market leader in its classification in India. The start-up likewise works with leading e-commerce companies in India– Amazon, Flipkart and Paytm Shopping Center. The companies use Cashify’s trading and exchange software application, and also rely on the startup for liquidation of gadgets. …

Endless closes $4.5 M Series A to scale its subscription coffee service

Endless closes $4.5 M Series A to scale its subscription coffee service

As a dedicated coffee drinker I was enthused by the concept of Bottomless. The Y Combinator-backed startup sends its users coffee as they run low so that they never ever run out of the Magic Juice of Life. What could be better? Due to the fact that life is somewhat amusing, after registering for its service the company reached […] I truthfully do not recall the cost range of coffee that I selected, and do not know how much I am actually paying Bottomless at the moment. Before and even after Bottomless went through Y Combinator back in 2019, the company hand-built its coffee-weighing scales. Per the business, Bottomless scaled another 5-7x in 2020. Powering that development are a host of coffee companies that Endless works with. …

After 200% ARR development in 2020, CourseKey raises $9M to digitize trade schools

After 200% ARR development in 2020, CourseKey raises $9M to digitize trade schools

When the COVID-19 pandemic hit and required universities to go virtual, numerous were rushing to develop online or blended curriculums. That struggle was especially challenging for trade schools, a lot of which were not created to teach online and were primarily paper-driven. CourseKey, a San Diego-based trade school management SaaS start-up, was in a distinct […] , a San Diego-based trade school management SaaS startup, was in a special position. “So many schools had to adopt a digital toolbox. For Sophinos and Kannah, founding CourseKey was more than simply a service opportunity. CourseKey has an outstanding list of supporters beyond SignalFire and Builders. …

Clari earnings forecasting platform snags $150M investment and triples appraisal to $1.6 B

Clari earnings forecasting platform snags $150M investment and triples appraisal to $1.6 B

Clari, the profits operations platform that helps companies predict revenue outcomes, announced $150 million Series E today on a $1.6 billion appraisal, a number that more than triples its 2019 Series D valuation of $500 million. Silver Lake led the most recent financial investment with participation from B Capital Group and existing investors Sequoia Capital, Bain Capital […] Silver Lake led the newest financial investment with involvement from B Capital Group and existing financiers Sequoia Capital, Bain Capital Ventures, Sapphire Ventures, Madrona Ventures, Thomvest and Tenaya Capital. While Byrne didn’t want to discuss profits specifics, he did point out that he beat the earnings plan he sent to his board by 110%. Clari has mostly focused on technology companies with clients like HPE, Workday and Adobe, but it has strategies to broaden beyond that vertical. The company is up 300 staff members with strategies to double that number by the end of 2021. …

Yugabyte announces $48M Series C as cloud native database makes business push

Yugabyte announces $48M Series C as cloud native database makes business push

As need for cloud native applications is growing, Yugabyte, makers of the cloud native, open source YugabyteDB database are seeing a corresponding rise in demand for their products, particularly with big enterprise clients. Today, the company revealed a$48 million Series C financing round to help build on that momentum. Lightspeed Venture Partners led the […]
, makers of the cloud native, open source YugabyteDB database are seeing a corresponding increase in demand for their products, especially with large enterprise customers. Former Essential president Bill Cook came on board as CEO at the exact same time they were announcing their last funding round in June and brought some business chops to the table. It was his task to figure out how to expand the market chance with larger high-value business clients. There is a totally handled cloud version called Yugabyte Cloud, and lastly there is a self-managed cloud version of the database called Yugabyte Platform. …

Deliverr ratings $170M to bring fast delivery to every e-commerce vendor

Deliverr ratings $170M to bring fast delivery to every e-commerce vendor

At a time when e-commerce is blowing up due in large part to the pandemic, a service that helps any online merchant ship goods to a customer in a couple of days is going to remain in need. Deliverr is a startup that fits that costs, and today the business announced a $170 million financing round. […] Deliverr co-founder and CEO Michael Krakaris states it has been a quick increase, but that his business requires a lot of capital. It leases out space, and part of the challenge of structure this business is developing relationships with those warehouses and working out a company plan, one that is still progressing as the business grows. “A year ago, I would have said we usually wanted to be 5-10% of a warehouse’s business. There are cases now where we are 100% of these warehouses’ companies. …

Headscarf assists open-source developers track how their tasks are being utilized

Headscarf assists open-source developers track how their tasks are being utilized

Practically by default, open-source developers get really little insight into who uses their jobs. In part, that’s the beauty of open source, however for designers who wish to monetize their jobs, it’s likewise a little bit of a curse due to the fact that they get very little information back from these tasks. While you normally know who purchased your […] In part, that’s the beauty of open source, but for developers who want to monetize their jobs, it’s also a bit of a curse since they get very little information back from these projects. Scarf co-founder and CEO Avi Press (Image Credits: Scarf )”This project was now really sapping my time and energy, but however clearly providing supplying to big companies, “he said. That led to the first variation of Scarf: a plan supervisor that would provide use analytics and make it easy to sell various versions of a project. …

Minu, a Mexico City-based, pay-on-demand startup, lands a $14M Series A

Minu, a Mexico City-based, pay-on-demand startup, lands a $14M Series A

A number of the startups raising capital in Mexico are concentrated on financial inclusion, intending to level the playing field in a nation that is mostly unbanked and has a blossoming middle class. One such company, minu, a Mexico City-based, pay-on-demand startup, announced Wednesday that it has raised $14 million in a Series A round of […] Minu intends to fix the worker liquidity space in between paychecks in an effort to help individuals see decreased monetary tension and avoid pricey loans. Today, minu has over 100 big business clients including TotalPlay, Telefonica, Scotiabank, OfficeMax, Rappi, Adecco, Workforce, Cap Gemini, and public sector customers such as the Electoral Institute of the State of Mexico. Looking ahead, minu states it will use its fresh capital to improve its headcount of 60 as well as broadening its offering to consist of monetary education, cost savings, clever invest and insurance items. Fintechs in Mexico have been busy. …

Dooly closes on $20M for AI-based tools to assist salespeople with their busywork

Dooly closes on $20M for AI-based tools to assist salespeople with their busywork

Robotic procedure automation has actually taken the business world by storm by offering a set of tools for those doing recurring, volume-based jobs to use software to eliminate some of that labor to let those people focus on more complex tasks. Today a startup that’s taken a few of that values and is using it to more […] “Really they’ve just produced a mountain of virtual filing cabinets,” Kris Hartvigsen, Dooly’s creator and CEO, stated in an emailed interview with me. The challenge that Dooly has actually been developed to resolve is that while there are a lot of tools out there now to help salesmen source leads, handle the progress of their sales, offer them guidance and other helpful material to supplement their beauty and the basic strength of a product, manage customers once they have actually signed on, and so on, all of them still need something crucial to work: a time commitment from salesmen to keep them upgraded with details. Even more paradoxically, one of the big daddies of the problem– the somewhat obese Salesforce– has published figures (pointed out by Dooly) that state salesmen invest simply 34% of their time offering.”The first thing we discovered when we satisfied the Dooly group was the thoughtful design-first technique to item that engendered lots of client love.”Dooly is relentlessly focused on developing a user-first experience for its clients to perfectly create workflows and unlock new profits opportunities,” stated Lee Fixel, creator of Addition, added….