Tag: Accel

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Sequoia unveils fifth group of startups for Surge

Sequoia Capital India has selected 23 early-stage startups for its fifth cohort of Surge, its accelerator program for India and Southeast Asia, at a time when dealflow activity is at its peak in the region. The new cohort, Surge’s largest to date, have collectively raised $55 million, the storied investment firm said Wednesday. The cohort…
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30 June 2021 0

Productivity startup Time is Ltd raises $5.6M to be the ‘Google Analytics for company time’

Productivity analytics startup Time is Ltd wants to be the Google Analytics for company time. Or perhaps a sort of “Apple Screen Time” for companies. Whatever the case, the founders reckon that if you can map how time is spent in a company enormous productivity gains can be unlocked and, money better spent. It’s now…
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10 June 2021 0

Kry closes $312M Series D after use of its telehealth tools grows 100% yoy

Swedish digital health startup Kry, which offers a telehealth service (and software tools) to connect clinicians with patients for remote consultations, last raised just before the pandemic hit in Western Europe, netting a €140M Series C in January 2020. Today it’s announcing an oversubscribed sequel: The Series D raise clocks in at $312M (€262M) and…
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27 April 2021 0

Goldman Sachs leads $23M in funding for Brazilian e-commerce startup Olist

Olist, a Brazilian e-commerce marketplace integrator, has raised $23 million in a Series D round extension led by new investor Goldman Sachs Asset Management that brings its total Series D financing to $80 million. Existing backer Redpoint Ventures, which first put money in Olist in 2015, also participated in the latest round. With this latest…
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15 April 2021 0

Austin’s newest unicorn: The Zebra raises $150M after doubling revenue in 2020

The Zebra, an Austin-based company that operates an insurance comparison site, has raised $150 million in a Series D round that propels it into unicorn territory. Both the round size and valuation are a substantial bump from the $38.5 million Series C that Austin-based The Zebra raised in February of 2020. (The company would not…
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12 April 2021 0

Scale CEO Alex Wang and Accel’s Dan Levine explain why sometimes unconventional VC deals are best

Few companies have done better than Scale at spotting a need in the AI gold rush early on and filling that gap. The startup rightly identified that one of the tasks most important to building effective AI at scale — the laborious exercise of tagging data sets to make them usable in properly training new…
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9 April 2021 0