Startups

Startups
Rinse CEO On How To Clean Up In The On-Demand Laundry Biz
June 23, 2017

The dry cleaning industry isn’t working. Customers feel it, vendors feel it— but both parties need it to work. Everyone needs clean clothes, and those working in the industry have to make a living. Rinse has a solution for both, and thanks to a $14 million...

Startups
Twine Solves For X — The Employee Retention Issue
June 15, 2017

Finding the right person for the right position is a struggle that most human resources (HR) professionals face on a regular basis. Sometimes, the answer to finding the best candidate may be in a business’ “back yard.” One startup company that’s looking to solve the...

Startups
Uber Might Acquire Engineering Team From Car Valet Startup Luxe
June 12, 2017

Uber is in acquisition talks to fold in much of the engineering team from on-demand car valet startup Luxe. According to Fortune Magazine, Uber interviewed employees of Luxe’s 60-person staff last week to determine who would join the company as part of the “acquihire.” Last year, Uber acquired...

Startups
Fashion Tycoon Invests $225M In Klarna, Swedish Payments Unicorn
June 08, 2017

Klarna, the Swedish startup that lets shoppers pay for goods after they are delivered instead of before (and incrementally over time if they wish), has picked up a new investor that catapults its valuation to over $2.25 billion. Brightfolk, the fashion firm owned by Danish...

Startups
Grocery Delivery Alabama Startup Shipt Takes On Instacart, AmazonFresh And Google
June 07, 2017

David is taking on Goliath as Shipt, an online grocery delivery startup based in Birmingham, Ala., goes up against San Francisco’s grocery delivery champion Instacart, as well as AmazonFresh and Google Express, to become the U.S.’ number one grocery delivery brand. Until now, the Alabama startup had...

Cross-border Payments
Russian Banks Launch FinTech Lab Incubator
May 30, 2017

Mastercard announced Monday (May 29) that Russian financial firms working within the collaborative FinTech acceleration program Fintech Lab has chosen 12 FinTech startups they plan to mentor and guide through the program. According to a report, the banks include Ak Bars, VTB 24, Bank Saint Petersburg, Home...

Startups
Home Security Startup Deep Sentinel Sees $7.4M Series A
May 30, 2017

Home security technology startup Deep Sentinel recently announced the close of a $7.4 million Series A venture funding round led by Shasta Ventures, with participation from Bezos Expeditions, Lux Capital and UP2398. Funding leader Shasta Ventures has a history of investing in home security technology...

Startups
Storage Startup, Trove, Raises $8M
May 24, 2017

Moving and storing items like furniture and wall decor can be a somewhat painful process. In the $30 billion furniture storage industry, Uber’s former head of product Michael Pao has co-founded a new company with former Facebook engineer Jon Perlow, dubbed Trove. Rather than start...

Startups
Online Insurer Fabric Launches In New York
May 24, 2017

Fabric, the life insurance company, announced Tuesday (May 23) that it has launched its service in New York. In a press release, the company said that with its service, parents in New York don’t have to deal with pushy agents or insurance meetings, nor are...