Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Citi Ventures"


8 mentions found


Kasa Living has made a habit of raising funds at some of the hardest times for the hospitality and proptech industries. Kasa Living CEO and founder Roman Pedan points to the shares of Marriott and Hilton, which are up over the last five years, as an indication of what Kasa could be. Kasa Living is now working with some investment firms to help locate and buy buildings that Kasa Living will operate, a model known as OpCo/PropCo. Instead of having to hire someone to handle bookings and finances for each property, Kasa Living handles it all centrally, "removing that fixed cost." Some financial information has been redacted from the deck by Kasa Living.
Persons: Roman Pedan, Kasa, Pedan, Pendan Organizations: Marriott, Hilton, KKR, Sonder, TPG, Amazon Web, Citi Ventures, FirstMark, New York Life Ventures, Fireside Investments, RET, Zigg, Ribbit, EBay, Kasa Locations: Brookfield
Arvind Jain, co-founder and CEO of Glean, makes a selfie with employees of the startup, which is based in Palo Alto, Calif. Artificial intelligence startup Glean attracted tech companies Databricks and Workday into its latest investment round. Glean, whose software sifts through corporate repositories to provide quick answers to workers' questions, said Tuesday that it's raised $200 million at a $2.2 billion valuation. Glean's annualized revenue at the end of January was $39 million, up from $10 million a year earlier. While Glean initially targeted the tech industry, it's now looking to expand in financial services, retail, manufacturing and other sectors, Jain said.
Persons: Arvind Jain, it's, Kleiner Perkins, Arvind Purushotham, OpenAI, Jain, Glean, Purushotham, Citi hasn't, Cathy Gao Organizations: Wall, Banking, Citigroup, Lightspeed, Sequoia, Citi Ventures, CNBC, Microsoft, Google, Sony Electronics, Citigroup's, Citi, Nvidia, Sapphire Locations: Palo Alto, Calif, LLMs, OpenAI, Glean
French fintech startup Defacto has raised a $10 million Series A extension from Citi Ventures. The Paris-based business, founded in 2021, provides short-term loans to small and medium-sized businesses. However, through integrations with businesses like fellow fintechs Pennylane and Qonto, Defacto wants to lower the cost and administration for smaller businesses. The new funding will go towards the continued growth of Defacto's platform as it pushes towards more personalized debt financing for small businesses. Check out Defacto's 20-slide Series A extension pitch deck below:
Persons: Pennylane, Morgan O'Hana, O'Hana, Northzone Organizations: Citi Ventures, Open Banking, Global Founders Capital Locations: Paris, integrations
A California-based startup using artificial intelligence and machine learning for land management and climate-risk analysis has raised $15 million in Series A funding. Vibrant Planet, which was founded in 2020, offers a data platform to help landowners figure out how to restore ecosystems and manage against the risk of wildfires. Along with rising temperatures, poor land planning and risk mitigation strategies are also to blame for raging wildfires, according to Vibrant Planet CEO Allison Wolff. The land management platform includes real-time scenario planning. Microsoft's Climate Innovation Fund, Citi Ventures, Day One Ventures, SIG Climate, and Globivest also participated in the round.
Persons: Allison Wolff, Wolff, Scott Conway, Netflix's, Neil Hunt, Guy Bayes, Globivest Organizations: Netflix, eBay, Google, Integrity, Innovation Fund, Citi Ventures, One Ventures, SIG, NASA, USDA Smart Commodities Locations: California, Europe, Canada, Chile, Lahaina, Maui
Time series data startup InfluxData has raised $81 million in debt and equity. We got an exclusive look at the 19-slide pitch deck InfluxData used to raise the fresh funds. A startup that provides time series data analytics for the likes of Tesla, Cisco, and IBM has raised $81 million in a mix of debt and equity. Time series data refers to information gathered from sources ranging from temperature sensors to high-frequency trading data. In addition, the company has brought in a $30 million debt facility from Silicon Valley Bank.
Parafin, launched in 2020, works with so-called platform partners, or companies that other small businesses sell their products through. All the cofounders knew was that they wanted to build technology that would help small businesses. And they may not get their first contract payment from the government for as long as 120 days," Reed, the startup's CEO, told Insider. Helping small businesses manage their taxesComplYant's founder Shiloh Jackson wants to help people be present in their bookkeeping. HoneyBookWhile countless small businesses have been harmed by the pandemic, self-employment and entrepreneurship have found ways to blossom as Americans started new ventures.
Cribl: 2022 Top Startups for the Enterprise
  + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com   time to read: +1 min
Co-founders Clint Sharp, Dritan Bitincka and Ledion Bitincka left their jobs at data sleuth Splunk to start Cribl in 2017 with the goal of making data observability — a broad enterprise concept that focuses on the health and state of an organization's data — a possibility for any firm. The company gives customers control and visibility over their data through accessible consumption pricing, a model that allows customers to pay according to the amount of services used. In May 2022, Cribl closed a $150 million Series D funding round. The company is valued at $2.5 billion. Today, Cribl products are utilized by companies including 7-Eleven, Domino's, New Balance and Shutterfly.
Parafin, launched in 2020, works with so-called platform partners, or companies that other small businesses sell their products through. All the cofounders knew was that they wanted to build technology that would help small businesses. And they may not get their first contract payment from the government for as long as 120 days," Reed, the startup's CEO, told Insider. Helping small businesses manage their taxesComplYant's founder Shiloh Jackson wants to help people be present in their bookkeeping. HoneyBookWhile countless small businesses have been harmed by the pandemic, self-employment and entrepreneurship have found ways to blossom as Americans started new ventures.
Total: 8