The notable startup fundings for the week ending 11/28/20 featuring funding details for Hippo Insurance, Superpeer, and eight other rounds you must know about.
Verbit Raises $60M for its AI-Powered Voice Transcription Tool Built for The Enterprise
Verbit is the AI-powered transcription and captioning platform that transcribes speech regardless of accent, domain-specific languages, background noises, echoes, and more. To ensure the accuracy and quality of transcriptions/captions, Verbit has a network of 22,000 human transcribers that validate the technology-produced dictations. AlleyWatch caught up with Tom Livne to learn more about Verbit’s technology and how this funding will help position it to be a leader in the global transcription market, which is more than $300B. Verbit has raised a total of $125M across four rounds and this latest round comes from investors that include Sapphire Ventures led our Series C round, Vertex Ventures, Stripes, HV Ventures, ClalTech, and Vertex Growth.
The AlleyWatch Startup Daily Funding Report: 11/25/2020
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 11/25/2020 featuring funding details for Fakespot and much more.
Cure Hydration Raises $2.6M to Ensure You are Getting the Electrolytes Your Body Needs Without the Added Sugar
After an intense workout, downing a bottle of Gatorade may feel refreshing but it’s not doing your body any favors – a 20 oz bottle of Gatorade has 34g of sugar; effectively negating your workout. As wellness continues to gain popularity and influence fitness, dietary habits, and metabolic health, people are increasingly conscious about healthy alternatives to combat hydration and replenish electrolytes. Cure Hydration is the organic, plant-based hydration powder mix that has 4x the electrolytes of popular sports drinks without the added sugar; the company uses natural, organic coconut water as a base. AlleyWatch caught up with CEO and Cofounder Lauren Picasso to learn more about how training for a triathlon inspired the company, the company’s experience distributing to essential stores during the pandemic, recent round of funding from investors that include Lerer Hippeau, M3 Ventures, Litani Ventures, Andy Roddick, Nas, Matthew Dellavedova, Philip Krim, Nick Green, and others.
The AlleyWatch Startup Daily Funding Report: 11/24/2020
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 11/24/2020 featuring funding details for Current, Hellosaurus, and much more.
6 Tips to Avoid Being Blindsided by a New Competitor
Every entrepreneur and business executive knows that continuous innovation is required to survive, but most struggle with this more than any other challenge they face. They know they need to act proactively but still are often blindsided by a new competitor coming out of the blue with a future they never imagined. Innovation driven by the next crisis is not leadership.
QL Gaming Group Acquired by Entercom for $32M
QL Gaming Group, the sports data and gaming platform that operates RotoQL, BetQL, Accuscore, and Tennis Insight, has been acquired by Entercom, the local sports and news audio broadcaster, for $32M in an all-cash deal
The AlleyWatch Startup Daily Funding Report: 11/23/2020
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 11/23/2020 featuring funding details for Phood, Cure Hydration, and much more.
Why No One Tells Founders “It’s over, move on”
My startup is long since out of money and I’m doing everything I can to keep the show going. I feel like I owe it to my investors, staff, and customers to make this work even though at this point everyone has pretty much abandoned me. They would tell me if I should stop killing myself, right?
#NYCtech Week in Review: 11/15/20-11/21/20
NYC Tech News for the week ending 11/21 featuring news for Blacktag, Maude, and much more including how to get a pair of Beats Headphones from our featured partner…
The Weekly Notable Startup Funding Report: 11/23/20
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup fundings for the week ending 11/21/20 featuring funding details forMycoWorks, AliveCor, Strava and twenty-two other rounds you must know about.