Fundings and Exits

“When I was 17, I experienced erectile dysfunction.” My interviews with startup founders rarely start so candidly. But to destigmatize the business of his new company, Roman, and empathize with customers, Zachariah Reitano is getting vulnerable. “I think in a good way I’ve become numb to the embarrassment,” says 26-year-old Reitano. “I remember the embarrassment
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International remittances continues to be one of the biggest financial services in developing countries, with $450 billion getting sent from countries like the U.S. to emerging markets in 2017 alone, according to the World Bank. Now, one of the bigger startups using tech to take on Western Union, MoneyGram and other offline incumbents in the space
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Singapore-based startup Carousell is in the money this week after it closed a Series C round of between $70-$80 million, two sources with knowledge of the deal told TechCrunch. Started by three graduates from the National University of Singapore in 2012, Carousell operates a mobile-first listings service for second-hand goods and services in Southeast Asia,
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Zscaler, a nine-year-old, San Jose, Calif.-based company, has filed confidentially for IPO, multiple sources tell TechCrunch. The cloud security outfit is aiming to go public before the end of the year. Zscaler works with companies like United Airlines and NBC to protect from threats across all devices. “Zscaler built its multi-tenant platform from scratch to
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With over four million listings across more than 65,000 cities worldwide, Airbnb has not just upended the global hospitality industry — it has inadvertently created an industry within an industry: demand for services that help hosts manage their properties efficiently and professionally. It’s a hot space, for sure. GuestReady, a one-year-old contender based in London, has
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Reflektion, a marketing startup that uses predictive analytics to increase conversion rates on e-commerce sites, has raised $12 million to support its international expansion plans. The new funding is an extended Series B round led by Hasso Plattner, with participation from returning investors Battery Ventures and Clear Ventures. Reflektion has now raised $41.3 million since
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Apple is doubling on wireless charging, the technology that debuted in this year’s iPhone 8 and iPhone X, after it scooped up New Zealand-based company PowerbyProxi in its latest piece of M&A. Ten-year-old PowerbyProxi is a spinout of the University of Auckland and it is focused on developing wireless charging and power transfer products. That spans wireless control
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Most young adults don’t have credit cards these days. Many of them are concerned about accruing debt. Others are finding it difficult to build credit. A handful of startups are now focused on building alternatives. One of these is Deserve, which recently changed its name from SelfScore. The Menlo Park-based startup had been working with international students to assess
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Independently-owned hotels sometimes fall through the cracks of the hospitality industry because they struggle to compete with major chains, but don’t belong on Airbnb or HomeAway. Zuzu Hospitality Solutions bridges the gap in Asia by providing essential revenue management and marketing services to small hotels while allowing them preserve their own brands. The Singapore-based startup
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