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Natasha Mascarenhas @ TechCrunch · 02/02/2021 13:45 EDT

Learn how to creatively navigate remote fundraising from top investors

As the COVID-19 era drags on, first-time founders need to find new ways to raise capital needed to keep startups offensive (and defense). Luckily, a trio of investors from top venture capital firms are joining us at TC Sessions: Justice on March 3 to make sense of different paths to funding. The panel will include […] Read more

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TechCrunch
Mary Ann Azevedo @ TechCrunch · 02/02/2021 13:38 EDT

TrustLayer raises $6M seed to become the ‘Carta for insurance’

TrustLayer, which provides insurance brokers with risk management services via a SaaS platform, has raised $6.6 million in a seed round. Abstract Ventures led the financing, which also included participation from Propel Venture Partners, NFP Ventures, BoxGroup and Precursor Ventures. Interestingly, the startup also got some industry validation in the way of investors. Twenty of […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 02/02/2021 13:23 EDT

In 2021 everyone gets 15 minutes of wealth

Trades in the infamous Reddit-basket of stocks and trades are taking a pounding today, with GameStop down 52.7%, AMC Entertainment off 42.7%, the silver-squeeze flopping and more. CNBC has a longer list if you want to feast your eyes on the carnage. What a surprise that the thing that was always going to happen, has […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 02/02/2021 13:20 EDT

Amazon to pay $61.7M to settle FTC complaint over stolen Amazon Flex driver tips

The U.S. Federal Trade Commission announced today that Amazon will be required to pay $61.7 million to settle charges that it withheld some customer tips from its Amazon Flex drivers over a two and half year period. According to the complaint against Amazon and its subsidiary Amazon Logistics, the company had advertised that it paid […] Read more

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 02/02/2021 13:10 EDT

Udemy’s new president discusses the reskilling company’s future

Udemy, which launched more than a decade ago, has sold courses to 50 million students through its digital learning platform. But new president Greg Brown sees “exponential growth” opportunities in doubling down on its enterprise arm, which currently has over 7,000 customers. In a phone interview, Brown said Udemy for Business, the company’s corporate learning […] Read more

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TechCrunch
Zack Whittaker @ TechCrunch · 02/02/2021 12:24 EDT

MetroMile says a website bug let a hacker obtain driver’s license numbers

Car insurance startup MetroMile said it has fixed a security flaw on its website that allowed a hacker to obtain driver’s license numbers. The San Francisco-based insurance startup disclosed the security breach in its latest 8-K filing with the U.S. Securities and Exchange Commission. MetroMile said a bug in the quote form and application process […] Read more

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TechCrunch
Matthew Panzarino @ TechCrunch · 02/02/2021 12:04 EDT

Welcome Tage Kene-Okafor, Mary Ann Azevedo, Sophie Burkholder and a guy named Drew

There are some additions to the TechCrunch team that I’m happy to announce. First, Kirsten Korosec, who has been with us for more than two years, was promoted to Transportation Editor. Kirsten has done amazing work, helping to elevate our foothold in the transportation space and making our Mobility events some of the most successful […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 02/02/2021 11:59 EDT

‘Anonymous’ fintech startup Millions raises $3 million, gives away cash on Twitter

An “anonymously”-led startup called Millions has raised a $3 million seed round for its fintech company that’s currently giving away free money through its Twitter account. The concept, inspired by the likes of YouTuber David Dobrik, is partly aimed at attracting attention for the new company but is also setting the stage for a forthcoming […] Read more

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TechCrunch
Mary Ann Azevedo @ TechCrunch · 02/02/2021 11:24 EDT

Valon closes on $50M a16z-led Series A to grow mobile-first mortgage servicing platform

If you’ve ever applied for a mortgage, you know it’s one of the most painful processes out there.  So it’s no surprise that big bucks are being poured into the space with the goal of making the process easier, more digital and more transparent. To that end, Valon, a tech-enabled mortgage servicer, announced this morning […] Read more

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TechCrunch
Ron Miller @ TechCrunch · 02/02/2021 11:00 EDT

Atlassian stops selling on-prem licenses, adds new enteprise pricing tier

Atlassian has made it clear for some time that it’s all in on the cloud, but now it’s official. The company stopped selling new on-prem licenses as of yesterday. Perhaps to take away the sting of that move for large organizations, today it announced a new all-inclusive enterprise pricing tier. Atlassian chief revenue officer Cameron […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 02/02/2021 10:56 EDT

Bumble IPO could raise more than $1B for dating service

Could this IPO prove that there is lucrative space in the market for more dating products? Read more

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TechCrunch
Matt Burns @ TechCrunch · 02/02/2021 09:20 EDT

Tesla recalls 135,000 vehicles over touchscreen failures

Own a Tesla Model S or Model X? It might have a recall, and it’s serious. Tesla today issued one of its largest recalls to date, covering roughly 135,000 Model S and Model X. The touchscreen is the concern. According to the National Highway Traffic Safety Administration (NHTSA), the touchscreen in these vehicles can fail […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 02/02/2021 09:13 EDT

Uber is buying alcohol delivery service, Drizly for $1.1B

Uber today announced plans to acquire alcohol delivery service Drizly. The approximately $1.1 billion deal includes stock and cash and is expected to close in the first half of the year. The plan will build Drizly’s marketplace directly into the Uber Eats app, though the company notes that it will maintain Drizly as a standalone […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 02/02/2021 09:00 EDT

Adobe expands Acrobat Web, adds PDF text and image editing

For the longest time, Acrobat was Adobe’s flagship desktop app for working with — and especially editing — PDFs. In recent years, the company launched Acrobat on the web, but it was never quite as fully featured as the desktop version, and one capability a lot of users were looking for, editing text and images […] Read more

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TechCrunch
Mary Ann Azevedo @ TechCrunch · 02/02/2021 09:00 EDT

Divvy Homes secures $110M Series C to help renters become homeowners

Despite all the headaches that come with it, homeownership is still the American dream for many. Divvy Homes – a startup that is out to help more people realize that dream by buying a house and renting it back to them while they build equity – has just closed on $110 million in Series C […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 02/02/2021 09:00 EDT

Folx Health raises $25 million for virtual clinical offerings and care for the LGBTQIA+ community

Folx Health is leveraging the explosion of virtual care services to offer greater access to healthcare focused on the needs of the LGBTQIA+ community, and has raised $25 million in new funding to help it grow. It’s part of a revolution in care that’s targeting the needs of specific communities with access to physicians that […] Read more

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TechCrunch
Danny Crichton @ TechCrunch · 02/02/2021 09:00 EDT

Omnispace raises $60M to fuse satellites and 5G into one ubiquitous network

5G has been on a tear the last few years as wireless operators and smartphone manufacturers have made a marketing push touting higher bandwidth and lower latency for users. Yet, for all the attention that 5G gets from consumers, some of the most important new applications for the next-generation wireless technology are actually on the […] Read more

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TechCrunch
Steve O'Hear @ TechCrunch · 02/02/2021 08:32 EDT

Buy now, pay later to be regulated in the UK

Following a government review, the U.K.’s financial services regulator will instructed to regulate the buy now, pay later industry made popular by companies such as Klarna, and AfterPay (known as Clearpay in the U.K.). A further consultation with the industry is underway and then, when parliamentary time allows, new laws regulating buy now, pay later […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 02/02/2021 08:07 EDT

Holded, an ‘ERP for small businesses’, raised €15M from Elaia, Lakestar, Nauta and Seedrocket

Holded, a platform billing itself as an ERP aimed at small businesses, has raised a €15M Series B funding round led by VC firm Elaia, together with Lakestar, Nauta Capital and Seedrocket. Holded says it gives small business access to ERP-style planning across invoicing, accounting, sales, project management, inventory management and HR, in one dashboard. It’s […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 02/02/2021 08:00 EDT

Soon Boston Dynamics’ Spot will be remotely opening doors anywhere

There’s something difficult to reconcile watching Spot walk up a flight of stairs in some industrial setting. After years of watching viral videos of Boston Dynamics robots perform aesthetically impressive feats, there’s a banality in the quadruped performing those dull, dirty and dangerous tasks that roboticist love to talk about. But six and half months […] Read more

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