Element AI raises $151M on a $600-700M valuation to help companies build and run AI solutions – gpgmail

[ad_1] While tech giants like Google and Amazon build and invest in a multitude of artificial intelligence applications to grow their businesses, a startup has raised a big round of funding to help those that are not technology businesses by nature also jump into the AI fray. Element AI, the very well-funded, well-connected Canadian startup […]

Shape Security hits $1B valuation with $51M Series F – gpgmail

[ad_1] Anti-fraud startup Shape Security has tipped over the $1 billion valuation mark following its latest Series F round of $51 million. The Mountain View, Calif.-based company announced the fundraise Thursday, bringing the total amount of outside investment to $183 million since the company debuted in 2011. C5 Capital led the round, along with several […]

Root Insurance valuation hits $3.65 billion in latest round led by DST Global and Coatue – gpgmail

[ad_1] Root Insurance,  lang=”EN”>an Ohio-based car insurance startup that uses smartphone technology to understand individual driver behavior, said Monday it has raised $350 million on a $3.65 billion valuation in a Series E funding round.  The amount of the round was reported last month, citing anonymous sources. This official announcement fills in the remaining details, […]

SoftBank-backed Getaround is raising $200M at a $1.5B+ valuation – gpgmail

[ad_1] Getaround, a used car marketplace and winner of gpgmail Disrupt New York Battlefield 2011, will enter the unicorn club with a roughly $200 million equity financing. The deal values Getaround, founded in 2009, at $1.7 billion, according to an estimate provided by PitchBook. Getaround declined to comment, citing internal policy on “funding speculation.” “Getaround […]

We Company reportedly mulls slashing its valuation ahead of its initial public offering – gpgmail

[ad_1] The Wall Street Journal is reporting that the company formerly known as WeWork is considering slashing its valuation as it looks to woo public market investors. The company is reportedly considering a valuation of somewhere in the $20 billion range for its initial public offering, a figure that’s far less than the $47 billion valuation […]

ThoughtSpot hauls in $248M Series D on $1.95B valuation – gpgmail

[ad_1] ThoughtSpot was started by a bunch of ed-Googlers looking to bring the power of search to data. Seven years later the company is growing fast, sporting a fat valuation of almost $2 billion and looking ahead to a possible IPO. Today it announced a hefty $248 million Series D round as it continues on […]

Birth control delivery startup Nurx approaches $300M valuation – gpgmail

[ad_1] Nurx, citing 200,000 current patients and a monthly growth rate as high as 20%, has raised $32 million in Series C equity funding in a round co-led by existing investors Kleiner Perkins and Union Square Ventures. The company has also secured $20 million in debt, bringing total new capital to $52 million. The San […]

With $40 million in funding and a $200 million valuation, will the only museums be Museums of Ice Cream? – gpgmail

[ad_1] Call the rollers of big rounds,The well-capitalized ones, and have them backmakers of rooms themed like concupiscent curds. Let the influencers gather in the stylesthey love to wear, and let other startupsthrow away their term sheets like last month’s newspapers.Let be be finale of seem.The only museum is the Museum of Ice Cream. Take […]

Proterra, the Tesla of electric buses, closes in on $1 billion valuation – gpgmail

[ad_1] Proterra has authorized shares to raise $75 million, a new round of funding that would push the electric bus maker’s valuation past $1 billion, gpgmail has learned. The company authorized the sale of 10,857,762 shares at a price of $6.91 in a Series 8 round, according to a securities filing that was obtained by […]

Babylon Health confirms $550M raise at $2B+ valuation to expand its AI-based health services – gpgmail

[ad_1] Babylon Health, the UK-based startup that has developed a number of AI-based health services, including a chatbot used by the UK’s National Health Service to help diagnose ailments, has confirmed a massive investment that it plans to use to expand its business to the US and Asia, and expand its R&D to diagnose more […]