Tag: venture capital
How will investors value MetroMile and Oscar Health?
Last night, MetroMile and SPAC INSU Acquisition Corp. II completed their combination, putting the per-mile auto insurance startup up for regular trading today for the first time. In the wake of last year’s debuts by neoinsurance companies Lemonade and Root, it’s not surprising to see others test the public markets.…
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Investor Alexa von Tobel on the biggest driver of social-media-fueled stock trading
Alexa von Tobel has always felt strongly that too many people are shut out of the stock market. She felt this as a 23-year-old who didn’t have $5,000 to open a brokerage account. She felt it while building LearnVest, a financial planning startup she launched in 2009 and sold in…
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Big data VC OpenOcean hits $111.5M for third fund, appoints Ekaterina Almasque to GP
OpenOcean, a European VC which has tended to specialise in big data-oriented startups and deep tech, has reach the €92 million ($111.5 million) mark for its third main venture fund, and is aiming for a final close of €130 million by mid-way this year. LPs in the new fund include…
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Seed firm Eniac Ventures raises $125M for its fifth fund
Eniac Ventures, a seed firm with a focus on New York startups, is announcing its fifth fund totaling $125 million. Eniac’s four general partners — Hadley Harris, Nihal Mehta, Vic Singh and Tim Young — have been making seed investments together for more than a decade, and they’ve known each other…
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Finch Capital launches third fund to invest in European fintech at Series A and B
Finch Capital, the early-stage fintech VC with a presence in London and Amsterdam, has raised a third fund. Targeting a final close of €150 million, the fund has already secured €85 million from LPs ready to deploy. Out of Finch Capital “Europe III,” the VC will invest in fintech startups…
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A former NEA partner and a former Uber exec just closed their $140 million debut VC fund
Dayna Grayson and Rachel Holt seemingly didn’t have the best timing. It was late in 2019 when the two, who met six years ago in Washington through a mutual acquaintance, decided to act on earlier conversations and start a fund together called Construct Capital. At the time, Grayson spied an…
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