Lower, an Ohio-based home finance platform, announced today it has raised $100 million in a Series A funding round led by Accel. This round is notable for a number of reasons. First off, it’s a large Series A even by today’s standards. The financing also marks the previously bootstrapped Lower’s first external round of funding […]
Here in the U.S. the concept of using a driver’s data to decide the cost of auto insurance premiums is not a new one. But in markets like Brazil, the idea is still considered relatively novel. A new startup called Justos claims it will be the first Brazilian insurer to use drivers’ data to reward […]
Fintech and proptech are two sectors that are seeing exploding growth in Latin America, as financial services and real estate are two categories in particular dire need of innovation in a region. Brazil’s QuintoAndar, which has developed a real estate marketplace focused on rentals and sales, has seen impressive growth in recent years. Today, the […]
Long before SoftBank launched its $2 billion Innovation Fund in Latin America, and before Andreessen Horowitz began actively investing in the region, São Paulo-based Kaszek has been putting money into promising startups, helping spawn nine unicorns along the way. And now, the early-stage VC firm is announcing its largest fund closures to date: Kaszek Ventures […]
Gustavo Parés Contributor Gustavo Parés is CEO of NDS Cognitive Labs, a leader in cognitive computing and AI business solutions. A professor at Instituto Tecnológico y de Estudios Superiores de Monterrey (ITESM), he’s partnered with Microsoft, IBM and Google to deliver digital transformation and cognitive technology services. More posts by this contributor Chatbots spotlight machine […]
Kara Penn is the mother of four daughters and owner of Mission Spark, a management and strategy consulting company. And now, thanks to Hustle Fund, she is also an angel investor. Hustle Fund is coming out of stealth today with Angel Squad, a new initiative aimed at making angel investing more accessible to more people, […]
The topic of compensation has historically been a delicate one that has left many people — especially startup employees — wondering just what drives what can feel like random decisions around pay and equity. Last June, software engineers (and housemates) Miles Hobby and Geoffrey Tisserand set about trying to solve the problem for companies by […]
Nathan Beckord Contributor More posts by this contributor The lightning-fast Series A (that was 3 years in the making) Founders seeking their first check need a fundraising sales funnel Domm Holland, co-founder and CEO of e-commerce startup Fast, appears to be living a founder’s dream. His big idea came from a small moment in his […]
Merama, a five-month old e-commerce startup focused on Latin America, announced today that it has raised $60 million in seed and Series A funding and $100 million in debt. The money was raised “at well over a $200 million valuation,” according to co-founder and CEO Sujay Tyle. “We are receiving significant inbound for a Series […]
The COVID-19 pandemic has led to people everywhere shopping more online, and Latin America is no exception. São Paulo-based Nuvemshop has developed an e-commerce platform that aims to allow SMBs and merchants to connect more directly with their consumers. With more people in Latin America getting used to making purchases digitally, the company has experienced […]