Direct-to-consumer shaving startup Harry’s has agreed to be acquired by Edgewell Personal Care, the parent company to Schick and other personal care brands that include Edge, Wilkinson Sword, Banana Boat, Playtex, Stayfree, and Hawaiian Tropic. The transaction is a combination of cash and stock with over $1.08B or 79% coming in cash. “When we launched […]
Red Swan Ventures
25 NYC Startup Acquisitions in 2018 You Need to Know About
According to data from our friends at Crunchbase, there were 409 acquisitions of New York companies in 2018, up from 354 in 2017. Today, I shine a spotlight on 25 of these notable transactions involving NYC startups that were acquired in during 2018. I have included the acquiree, the acquirer, transaction amount (when available), as well […]
#NYCtech Week in Review: 12/9/18-12/15/18
NYC Tech News for the week ending 12/15 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Kindur, InVision, Stadium, Goods, Vroom, and much more…
Harness Wealth Raises $4M to Bring Wealth Management Solutions to This Target Market
As the definition of work and career evolves due to the digital age, so does the complexity of financial services needed by accomplished individuals. Harness Wealth, launched by the former CFO of Compass, uses a blend of proprietary technology that connects its users with a curated list of top tax, financial, and legal advisors to solve […]
Micro-learning Platform Grovo Acquired by Cornerstone OnDemand for $24M
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 […]
#NYCtech Week in Review: 10/7/18-10/13/18
With so much going on in the city’s thriving ecosystem, it is easy to miss some of the happenings in the space. We keep you abreast of a few of things that you may have missed in NYC Tech News for the week ending 10/13 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Fakespot, Datalogue, June.ai, […]
The AlleyWatch NYC Startup Daily Funding Report: 10/9/18
The latest venture capital, seed, and angel deals for NYC startups for 10/9/18 featuring funding details for Loadsmart, Landis, Goldbelly, and Reply.ai.
#NYCtech Week in Review: 9/30/18-10/6/18
NYC Tech News for the week ending 10/6 including the NYC startup fundings, NYC startup exits, and NYC Tech events including news for Eloquii, SpinCar, HEED, Braze, and much much more…
The AlleyWatch NYC Startup Daily Funding Report: 10/2/18
The latest venture capital, seed, and angel deals for NYC startups for 10/2/18 featuring funding details for Cherre and HEED.
Match Acquires Dating App Hinge
Dating app Hinge has been acquired by the Match Group, which owns and operates over 50 global relationship brands including Match, Tinder, OKCupid, and Plenty of Fish. The financial terms of the acquisition were not disclosed but Match is acquiring a 51% stake in Hinge with the option to purchase the remaining shares over the […]
AND CO Acquired by Fiverr
Fiverr, the online platform for hiring freelancers, has acquired AND CO, the business management platform for freelancers and independent contractors. The terms of the acquisition were not disclosed. “This decision was born out of a common belief across our two companies, which is that people do their best work when they can control their own […]