Oura raises $28 million for its health and sleep tracking ring

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6 strategic stages of seed fundraising in 2020

Seed fundraising is rarely easy, but it certainly used to be a lot less complicated than it is today. In a simpler world, a seed investor (or maybe two) would lead a round, which meant that they would write the terms of the deal in a term sheet and then pass that document to their […]

Fundbox raises $176 million Series C to build ‘Visa’ for B2B payments

Credit cards have become all but ubiquitous for consumer transactions, and it isn’t hard to see why. By intermediating payments, networks like Visa allow buyers and sellers to exchange money for goods and services without knowing the financial risk profile of the counter-party. Rather than applying for credit at every merchant you shop at, you […]

Square acquires conversational AI startup Eloquent Labs

Square has acquired conversational artificial intelligence startup Eloquent Labs to help its merchants improve customer service. Eloquent Labs, which raised a $1.5 million seed round back in early 2017, offers to small businesses a conversational assistant named Elle. The idea is that Elle will help merchants with common customer service-related issues like returns, product tracking […]

Square’s crazy run this year dodges any major snags with a decent Q2

ÆWhile we’re talking about companies like Apple getting alarmingly close to a $1 trillion market cap, both of Jack Dorsey’s companies — Twitter (at least before its earnings last week) and Square — have been on considerable runs, and it looks like the latter won’t be coming to a major halt after today’s quarterly report. […]

Ebay to add support for Apple Pay, partners with Square Capital on seller financing

Ebay announced this morning it will begin accepting Apple Pay on its marketplace starting this fall, and has also teamed up with Square Capital on seller financing. The changes come following eBay’s further distancing from longtime partner PayPal, which included the company’s switch to Adyen as its primary payments processing partner, announced earlier this year. At […]

Toast raises $115M at a $1.4B valuation to create a one-stop management tool for restaurants

While massive restaurant chains might have resources to build out their own management systems or integrate with larger point-of-sale providers, Toast — a provider of tools for restaurants to manage their business — is raising a big round of funding to go after everyone else. Now Toast is a business valued at $1.4 billion, thanks […]

Square is acquiring website builder Weebly for $365M

Square just announced that it’s reached an agreement to acquire Weebly for $365 million in cash and stock. While Square is best known for its payment software and hardware, it’s also been expanding into other areas; for example, with the acquisition of food delivery service Caviar and corporate catering startup Zesty. Weebly, meanwhile, offers easy-to-use […]

Square acquires corporate catering startup Zesty

Square has acquired elements of corporate catering startup Zesty . Square, which already owns on-demand food delivery service Caviar, plans to use Zesty’s assets to strengthen Caviar’s corporate ordering business, Caviar for Teams. Neither company disclosed financial terms of the deal, but the plan is for Caviar and Zesty to operate independently in the short […]

Pinterest hires former Square and Google exec Francoise Brougher as its first COO

Pinterest today is adding another executive to its upper c-suite with the hire of Francoise Brougher, who was most recently business lead at Square and prior to that VP of SMB global sales and operations at Google, as its first chief operating officer. Both of those previous positions are probably going to be of particular […]