Tag: Insight Partners

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Choco bites into $100M Series B, at a $600M valuation, to build a more transparent, sustainable food supply chain

The United States estimates of the food produced here approximately 40% is wasted. Globally, $2.6 trillion annually is lost. Berlin-based Choco, which has built ordering software for restaurants and their suppliers, is working to digitize the food supply chain and announced $100 million in Series B funding, led by Left Lane Capital, to give it…
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20 July 2021 0

Tractable raises $60M at a $1B valuation to make damage appraisals using AI

As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals is announcing a significant round of growth funding. Tractable, which works with automotive insurance companies to let users take and submit photos of damaged cars that are then “read”…
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16 June 2021 0

Splitwise raises $20M Series A to help everyone in the world divvy expenses

This morning Splitwise, a Providence, Rhode Island-based startup announced that it has closed a $20 million Series A. The company builds consumer fintech software that helps users split expenses. But Splitwise isn’t a Venmo or Paytm clone. Instead of helping users wire money to their pals, the company leaves the transference of money to others.…
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28 April 2021 0

Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions

With the increase of digital transacting over the past year, cybercriminals have been having a field day. In 2020, complaints of suspected internet crime surged by 61%, to 791,790, according to the FBI’s 2020 Internet Crime Report. Those crimes — ranging from personal and corporate data breaches to credit card fraud, phishing and identity theft…
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22 April 2021 0

After a decade of bootstrapping, Octopus Deploy raises $172.5M from Insight Partners

Octopus Deploy’s chief financial officer Sonia Stovell and chief executive officer Paul Stovell Founded almost a decade ago, Octopus Deploy has grown to serve 25,000 organizations, including Microsoft, NASA, Xero, Disney and Stack Overflow, through bootstrapping. Today the company announced its first outside investment. Insight Partners has taken a minority stake in Octopus Deploy for…
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20 April 2021 0