In 2016, when Alan originally launched its health insurance product in France, it was the first new health insurance company in the country in 30 years. Now, as Alan announces its expansion to Canada, the startup is about to break a new record: There hasn’t been a new health insurance company in Canada since 1957. […]
Former Brex COO who now heads unicorn fintech Figure says GPT is already upending the mortgage industry
Lending startup Figure announced today a rollout of AI tooling to make the home lending process more efficient. The company will be launching an AI tool powered by GPT-4 to help catch errors in lending documents. Figure, founded in 2018, specializes in helping consumers secure home equity lines of credit. The company touts that its […]
Security compliance unicorn Drata lays off 9% of its workforce
Drata, a security compliance automation platform that helps companies adhere to frameworks such as SOC 2 and GDPR, has laid off 9% of its workforce, amounting to 40 people. Founded in 2020, Drata integrates with dozens of clouds, SaaS apps, developer tools, security systems, and more, helping businesses collate the necessary evidence to prove that their data privacy and security […]
India’s Rapido becomes unicorn with fresh $120 million funding
Bike-taxi startup Rapido has become the latest Indian startup to become a unicorn, or reach $ 1 billion in valuation. The eight-year-old firm has raised $ 120 million in a new funding round led by WestBridge Capital, according to a regulatory filing. The new capital, a Series E infusion, underscores Rapido’s growing prominence in India’s […]
The Reason Why SEVENTEEN’s Seungkwan Is Being Dubbed A “Social Unicorn”
SEVENTEEN‘s Seungkwan appeared on the latest episode of Lee Hyeri‘s talk show, Hyeri’s Club. The two discussed a variety of topics while eating and drinking, and at one point, the topic of the idol’s social life came up. Seungkwan shares that he has a lot of people’s phone numbers, and Hyeri replies that fans were curious about him […]