Startup

As the market continues to turn against the wave of highly valued venture-backed startups operating with little end in sight to their huge losses — Uber and WeWork being two prime examples — another startup is taking a proactive step to get ahead of the story, by cutting costs and restructuring before public opinion forces the issue on them.

Fair.co

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Yesterday, in addressing nervous WeWork employees at an all-hands, the company’s new chairman, SoftBank executive Marcelo Claure, told those gathered that their days of worrying are over, says Recode, which obtained a leaked recording of the meeting.

In comments that may stun industry observers who haven’t done the math — and upset at least some pe

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Anyone who has tried to ride an electric scooter knows the likelihood of finding one with a charged battery is quite low. Swiftmile, which just landed a contract with the city of Austin, supplies cities and private operators with docks equipped to park and charge both scooters and e-bikes.

What Swiftmile offers serves as a win for operators,

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Modern Animal raises $13.5 million to make going to the vet suck less

Modern Animal just raised a $13.5 million seed round of funding to fuel its mission of offering pets, humans and veterinarians a better experience. Led by Founders Fund, with participation from Upfront Ventures, Susa Ventures and others, the round will enable Modern Animal to open its first location in Los Angeles early next year.

Founded by

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Looking to become the central hub for logistics management, Shipwell raises $35 million

Shipwell, the software platform for managing trucking logistics, has raised $35 million and is expanding its suite of services to become a full-service hub for logistics management. 

The new round led by Georgian Partners comes as the company has just expanded its suite of tracking and management tools to integrate with FedEx’s parcel shipping

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With $11 million in funding and a mission to open up the doors of regenerative therapies to dogs across the nation, the Los Angeles-based startup Gallant is now opening its doors for the first time.

The company was founded by DogVacay founder and chief executive Aaron Hirschhorn after seeing his own pet’s struggle with debilitating illness and k

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  1. Mobile banking app Current raises $20M Series B, tops half a million users
  2. Randori Recon acts like a hacker to reveal your weaknesses
  3. Helping banks refine sales pitches and customer service, Minneapolis-based Total Expert raises $52 million
  4. Real estate broker HelloOffice expands to Los Angeles after closing on $6.5 million
  5. Verve, an events platform based around influencers, raises $60M and rebrands as Pollen