Location data, for better or worse, continues to be a part of the bedrock of how apps are built. Now a startup developing AI market research based on that location data, Placer.ai, has quietly raised $ 75 million at an expanded valuation of nearly $ 1.5 billion, TechCrunch has learned. The startup provides a wide […]
Sequoia-backed Knowde raises Series C at a valuation cut
Knowde, an online marketplace for chemicals and polymers, just closed on a Series C round, TechCrunch has exclusively learned. The San Jose-based startup raised $ 60 million in a round that values it lower than the $ 500 million valuation it garnered in its most recent round, according to multiple sources familiar with the matter. […]
Legal tech Clio raises $900M at a $3B valuation, plans to double down on AI and fintech
Clio, a Canadian software company that aims to help law practices run more efficiently with its cloud-based technology, has raised $ 900 million in a Series F round that values the company at $ 3 billion. The valuation is nearly double the $ 1.6 billion valuation the Vancouver, British Columbia company achieved in April 2021 […]
PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital
Canadian private equity firm PartnerOne paid $ 28.2 million for HeadSpin, a mobile app testing startup whose founder has been sentenced for fraud earlier this year, according to documents viewed by TechCrunch. The fire sale was reported by TechCrunch last week. HeadSpin’s 2023 revenue was $ 21 million and its Q1 2024 revenue stood at […]
InMobi eyes $10 billion valuation in 2025 India IPO
Adtech startup InMobi is eyeing a valuation of about $ 10 billion in an initial public offering it is planning for next year, two sources familiar with the matter told TechCrunch. The firm plans to list in India, the sources said, requesting anonymity as the deliberations are private. InMobi is profitable and plans to shift […]