Category: Drive Capital
Three-dimensional search engine Physna wants to be the Google of the physical world
In June of 1999, Sequoia Capital and Kleiner Perkins invested $25 million into an early-stage company developing a new search engine called Google, paving the way for a revolution in how knowledge online was organized and shared. Now, Sequoia Capital is placing another bet on a different kind of search…
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LA-based Sidecar Health’s low-cost, cash-pay health insurance service is now valued at $1 billion
Meet Sidecar Health, the newest member of the tech industry’s billion dollar healthcare startup club. The valuation comes thanks to $125 million in new funding that the company will use to expand its new model for health insurance. Sidecar Health’s insurance plans give consumers the ability to pay directly for…
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Two ex-Sequoia VCs: the most ‘compelling emerging market’ may be America, outside of Silicon Valley
Roughly eight years ago, investors Mark Kvamme and Chris Olsen left Silicon Valley to open a venture firm, Drive Capital, in Columbus, Ohio. It wasn’t an easy decision. Leaving California wasn’t exactly fashionable at the time. In fact, While Olsen had grown up in Cincinnati, the Yale grad had landed…
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Edtech’s newest unicorn, ApplyBoard, lands $1.4B valuation with fresh funding
Brothers Martin, Meti and Massi Basiri all left Iran to study abroad in Canada. After struggling with every aspect from the visa process to grade conversions, the brothers saw an opportunity to make the transition to study internationally more seamless. So, they started Applyboard in 2015 at University of Waterloo’s…
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