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Finix raises $30 million as fintech’s spotlight picks its sides

Aug 10, 2022

Finix announced today that it has raised $30 million in new venture capital, bringing its total known raised to $133 million. The round comes nearly two years after the do-it-yourself payments company closed a $30 million extension to its $35 million Series B and about 18 months after it raised a $3 million SPV led by LatinX and Black investors. TechCrunch

Digital marketplace Clutch closes $1.2M pre-seed round led by Precursor Ventures

Aug 4, 2022

Digital marketplace Clutch announced today the closing of a $1.2 million seed round led by Precursor Ventures. TechCrunch

ShearShare: Taking Black Haircare Into The Digital Age

Aug 2, 2022

Innovation within the health and beauty sector has always had an undeniable link to the culture. From the icons like Mdm. CJ Walker and Garrette Morgan to the lesser known Christina Jenkins or Comer Cottrell, we have always found ways to not only improve upon our beauty techniques while also keeping them uniquely our own. Now a new digital influence is hitting the barber and beauty salon industry. A Husband and Wife duo are the co-founders of ShearShare, a fast-growing app that allows independent stylists and barbers to rent space from brick and mortar salons and barber shops on an as-needed basis. The app also provides time-limited insurance options for professionals may need as well. The Grnwood

Will once-bootstrapped startups turn to venture during a watershed moment?

Aug 1, 2022

Bootstrapped startups, or companies that use their own revenue or existing cash flow to fund growth instead of relying on external capital sources, sit in a very separate box than venture-backed startups. By nature of asset class, bootstrapped startups prioritize revenue to keep alive, while venture-backed startups prioritize growth to keep investor buy-in for future runway needs. Bootstrapped companies follow less of an exponential growth curve, while venture-backed companies need to be an outlier… For Healthie, a payments processor for healthcare companies, now felt like the right time to get on the “treadmill” of venture capital after six years of bootstrapping, according to co-founder Cavan Klinsky. TechCrunch

Evabot secures fresh capital to inject AI into corporate gifting

Jul 28, 2022

The idea of corporate gifting to maintain client relationships isn’t a novel concept. In fact, there’s a cottage industry of “gifting-as-a-service” startups that promise to streamline the task, ranging from companies such as Reachdesk and &Open to Sendoso and Goody. Vendors claim their industry is a profitable one (worth an estimated $258 billion) because the evidence suggests corporate gifting works. One study found that 66% of people who received a promotional product or gift could recall the brand that sent it, and 79% would be likely to do business with the company again. But according to Rabi Gupta, the co-founder of Evabot, there’s “a lot of clutter” in the corporate gifting space. TechCrunch

Fintech Guava raises $2.4M to provide banking services to Black small-business owners

Jul 26, 2022

Guava, a banking and networking platform targeting Black entrepreneurs, announced today the closing of a $2.4 million pre-seed round led by Heron Rock. TechCrunch

Healthie lands $16.5M to build the Stripe for virtual patient care

Jul 20, 2022

The idea of starting Healthie, a software company meant to help healthcare companies and startups handle back-office operations, came to co-founder Erica Jain after witnessing her parents struggle with weight loss but lack of access to a comprehensive care team. TechCrunch

AudioShake wins Wallifornia Music Tech Pitch Contest

Jul 19, 2022

The Wallifornia Music & Innovation Summit took place earlier this month in Belgium, and it included a pitch contest for startups. Artfuse, Brots, Hawkr Live, Kloov, Moonai, Mubert, Music Traveler, Our Man in the Field, Pianity, Ringo and SyncVault all took part, but the winner was AudioShake. That’s the US startup that has developed technology for separating music tracks out into stems when the original versions are not available. It’s part of a run of such wins for AudioShake, which prevailed in a ‘Demixing Challenge’ run last year by Sony. After Wallifornia, CEO Jessica Powell told Music Ally that her company’s AudioShake Live enterprise service has now signed up customers from all three major labels, as well as publishers (Hipgnosis, Primary Wave, Downtown, Spirit, Concord, and Reservoir); distributors (CD Baby); and production music libraries (Warner Chappell Production Music and Audiosocket). Music Ally

The Startup Making Hair Extensions Sustainable

Jul 15, 2022

With plant-based hair extensions and braids, Rebundle is transforming their industry with an eco-friendly alternative. Avocado Magazine

Goodr Dishes Out Advice on Creating a Startup that is Sustainable & Employee Friendly

Jul 13, 2022

Jasmine Crowe set out to change how communities eat. Since launching Atlanta-based Goodr in 2017 as a sustainable surplus food management platform, she’s become known for her external work helping connect people with food, creating community food banks, and tackling the logistical challenges that create hunger. Hypepotamus

Target to add Bobbie brand infant formula to stores as shortage persists

Jul 12, 2022

Target Corp has begun carrying Bobbie brand infant formula in some stores this week and the vast majority of its locations will be selling the product by September, as the national shortage persists. Reuters

Exhausted and overwhelmed? CEO Tiffany Dufu says setting clear boundaries (at work and at home) is the key to reducing stress

Jul 12, 2022

Tiffany Dufu is founder and CEO of The Cru. Its algorithm matches circles of women who collaborate to meet their personal and professional goals. She’s also the author of the bestselling book Drop the Ball: Achieving More by Doing Less. Named to Entrepreneur’s 100 Powerful Women and Fast Company’s League of Extraordinary Women, Dufu has raised nearly $20 million toward the cause of women and girls. Fortune

Latino Founders Fund: Meet the recipients

Jul 11, 2022

Congratulations Ease, Noula Health and ToDooly on being the first few recipients of Google for Startups Latino Founders Fund! Google for Startups

Making Something From Nothing: Simone May On How To Go From Idea To Launch

Jul 10, 2022

As a part of their series called “Making Something From Nothing”, Fotis Georgiadis had the pleasure of interviewing Simone May, CTO and Co-Founder of Clutch. Fotis Georgiadis

Afriex is democratising wealth creation by facilitating global money transfers

Jun 29, 2022

Have you ever wanted to transfer money to someone in another country but seeing the transfer charges changed your mind? In this modern world where humans are more connected than ever, millions of people have cause to send or receive money to or from a foreign country. These transactions often take a few days to complete, and by the time the money gets to the recipient, transfer fees have eaten into its value. Techcabal

Sounding Board founder is working to unlock executive coaching for all leaders

Jun 28, 2022

Welcome to Found, the TechCrunch podcast where we get the stories behind the startups. Christine Tao knows good leaders have good executive coaches. She founded Sounding Board to make it easier for companies to manage, scale, and measure leadership coaching on one unified platform. TechCrunch

PicnicHealth packs $60M for health data

Jun 27, 2022

Medical data sharing startup PicnicHealth packed $60 million in Series C funding led by B Capital Group, CEO and co-founder Noga Leviner tells Axios exclusively. Axios

Jasmine Crowe’s Goodr Raises $8M To Continue Its Mission Of Fighting Hunger With The Help Of Technology

Jun 27, 2022

Goodr’s mission is growing even bigger. AfroTech

Startups Offer Solutions To Tampon Shortage

Jun 25, 2022

Seven years ago, then-18-year-old Claire Coder found herself at a corporate event when she began her period. She didn’t have a tampon. She was lucky enough to find a dispenser in the women’s room — but it charged a quarter. “If toilet paper is offered for free, why aren’t tampons and pads?” Coder recalled asking herself. “At that moment, bloody underwear and all, I knew that I wanted to dedicate my life to ensuring everyone has access to period products.” Forbes

Dow soars more than 800 points as Wall Street ends week on high note

Jun 24, 2022

Zach Stein, co-founder at Carbon Collective featured in today’s market update in the Washington Post: The Washington Post

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