NYC-based micro-learning content platform Grovo has been acquired by Santa Monica-based Cornerstone OnDemand, a publicly traded learning and human capital management software company for $24M in an all-cash deal. “The acquisition of Grovo helps fulfill the vision we had on day one for Cornerstone to improve access to education on a global basis. As leaders […]
It’s vacation protocol: you finally get to your destination after a long journey but you can’t check into your hotel until later in the day, so you’re stuck killing time with your luggage in tow. Or you have a long layover but you don’t get to leave the airport and explore because you don’t want to […]
Earlier, we wrote about the importance of revenue projections for early-stage companies using a hypothetical example of an enterprise SaaS company. Since then, we’ve heard from a number of people who read the post and were interested in learning more — many with a desire to understand the ideal time to invest in salespeople. We want to help you […]
Clarity Money, the personal financial management app, has been acquired by Marcus by Goldman Sachs, the personal loan and savings app. Terms of the acquisition were not disclosed. “As part of the Marcus family, we’ll continue to deliver the great service and features you’ve come to expect from us. And our app will remain 100% […]
This installment of Funded in the Alley is presented by Bond Collective. Leading the way in hospitality and luxury offices space, Bond Collective designs workspaces to empower individuals and companies to be themselves. Rather than fit you into a limited, traditional office environment, Bond 60 Broad features larger 15-50+ person suites customized around your needs: privacy with access […]
Plated, the meal kit company, founded in 2012 by Nick Taranto and Josh Hix has been acquired by super market behemoth Albertsons. Terms of the deal were not disclosed. Hix remarked, “Joining Albertsons Companies presents an amazing opportunity to accelerate our positive impact on the future of food in America by making fresh, delicious food more […]
Here are the latest venture capital, seed, and angel deals for NYC startups for 9/11/17. This page will be updated throughout the day to reflect any new fundings.
Entrepreneurs seeking funding are able to tilt their chances for funding in their favor when they are able to attract a good caliber lead investor. This signals validation to other potential investors and can introduce a sense of urgency. Today, I take a look at the rate at which a number of New York-based venture […]
Another busy week in NYC tech with some notable fundings and a few acquisitions as well!
Not all business pitches are million-dollar ideas. The good news is they don’t have to be. However, in order to work with an investor there has to be trust, and that trust is only possible through transparency. This means telling your investors all of the negative aspects of your pitch. While this may seem like a daunting task to most, it can lead to a potential company’s bright future. Mark Daoust uses his own experiences with negative elements in a company and turning them into opportunities.