Investors give Baltimore’s Facet Wealth $25 million to sell businesses on financial planning as a benefit

Yesterday, Baltimore-based fintech company Facet Wealth said it raised $25 million in financing as it readies a new business line pitching financial planning as an employment benefit to businesses looking to recruit top talent. Employment benefit packages are expanding beyond the basic gym membership and healthcare to include subscriptions to Netflix, discounts on delivery and […]

ClassPass co-founder Sanjiv Sanghavi joins Arcadia, bringing consumer marketing savvy to clean energy

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Daily Crunch: ClassPass becomes a unicorn

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ClassPass, finally a unicorn, raises $285 million in new funding

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Report: ClassPass is hunting for unicorn status in a new funding round

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Printify raises $3M to expand its marketplace for custom printing

In Riga, Latvia, an 80-person startup called Printify is reimagining the on-demand printing business. Gone are the days where small merchants have to sell their customized products on platforms like Zazzle, Society6, CafePress or Teespring . Using Printify, e-commerce business owners can create clothes, accessories and more fixed with their designs, logos, art or photos, […]

Tonal raises $45 million to bring strength training to more living rooms

Tonal is today announcing its Series C financing that it hopes will allow the company to bring its at-home gym to even more homes. The funding round shows investors’ excitement around the new generation of personal exercise equipment that combines on-demand training with smart features. Tonal, like Peloton, offers features previously unavailable outside of gyms, […]

Fitness marketplace ClassPass acquires competitor GuavaPass

ClassPass, the five-year-old fitness marketplace startup with $239 million in financing, is acquiring competitor GuavaPass, which was founded by Rob Pachter and Jeffrey Liu in 2015. ClassPass is in the midst of an expansion sprint, both domestically and internationally. The company is hyper-focused on Asian markets, where GuavaPass had carved out its own place with […]

Humbition is a new fund led by the Indiegogo’s Slava Rubin

Zocdoc founder Cyrus Massoumi and Indiegogo founder Slava Rubin have created a new $30 million fund called Humbition aimed at early stage, founder-led companies in New York. “The fund is focused on connecting startups with investors and advisors experienced in building and growing successful businesses,” said Rubin. “We are seeking to fill a void in […]

Southeast Asia’s Fave raises $20M and adds mystery strategic investor from China

So you thought group-buying was dead?! Not in Southeast Asia where Fave, a company that aims to connect local merchants with customers using discount sales, has closed a $20 million Series B round as it explores expansion opportunities. The startup began as fitness subscription service KFit, but it pivoted group-buying and coupons after it acquired Groupon’s […]