OneTrust, the leading provider of privacy, security, and compliance solutions, has announced the completion of a $150 million funding round. The company was valued at $4.5 billion in the round, representing a significant drop from its prior valuation of $5.3 billion. The most recent funding round was led by existing investor Insight Partners. Other participants… Continue reading OneTrust hauls
Category: valuation
We’re still talking about Y Combinator valuations
Over the years, Y Combinator has become one of the most sought-after accelerators for technology startups. Founded in 2005, Y Combinator has invested in thousands of tech businesses, including some of the world’s most successful companies like Airbnb, Dropbox, and Coinbase. When a startup is accepted into the Y Combinator cohort, a valuation is determined… Continue reading We’re still talking about Y Combinator valuations
US investors slash Byju’s and Swiggy valuation
The COVID-19 pandemic has had an unprecedented impact on the global financial markets and a number of Indian startups have been impacted as well. Two major Indian startups, Byju’s and Swiggy, which had been growing aggressively prior to the pandemic, have taken a major hit to their valuations as US investors have recently slashed their… Continue reading US investors slash Byju’s and Swiggy valuation
Elon Musk reportedly halves Twitter’s valuation in internal memo
Elon Musk, the billionaire founder and CEO of Tesla Inc., recently sent out an internal memo that reportedly slashed Twitter’s valuation by almost half. According to reports, the memo was sent to employees of Tesla late last week and suggested that the company’s stock was now worth just $10 billion, sharply down from its current… Continue reading Elon Musk reportedly halves Twitter’s valuation in internal memo
eToro secures
EToro, an Israeli-based global investment platform, has announced that it has secured $250 million at a post-money valuation of $3.5 billion, after scrapping its plan to launch a Special Purpose Acquisition Company (SPAC). The $250 million raised will be used to help drive eToro’s international expansion, accelerate product innovation and develop its asset management business.… Continue reading eToro secures
Transit company
One of the world’s leading transit technology companies, Via, has recently raised $110 million at a valuation of $3.5 billion. The funding round was led by existing investor 83North, along with CommerzVentures and Sompo Holdings. This brings Via’s total funding to more than $500 million and marks a significant milestone for the public transportation startup.… Continue reading Transit company
neobank raises
Peer-to-peer lending platform Zopa recently reached a major milestone in its journey from fintech pioneer to established neobank. The UK-based firm closed a series C equity round valued at more than $93 million, placing its overall valuation above the billion-dollar mark. The funding round was led by IAG Capital Partners and included participation from Augmentum… Continue reading neobank raises
Tabby raises
Businesses in the GCC region have long been at the receiving end of international capital and technical know-how and now a new, cutting-edge startup has raised a large round of funding at a head-turning valuation. Tabby, the region’s first and only online payments platform, has secured $58M in a round led by PayPal Ventures, the… Continue reading Tabby raises
You’re not going to grow into your 2021 valuation
When setting objectives for your business growth, it’s important to plan realistically. Just because you think you’re worth a certain number next year, that doesn’t mean you’ll magically reach that goal if you don’t plan appropriately. Achieving your 2021 valuation requires hard work and dedication to strategic planning, marketing, and customer service. First and foremost,… Continue reading You’re not going to grow into your 2021 valuation
Indian fintech KreditBee nears $700 million valuation in new funding
In a recent development, Indian fintech KreditBee is one of the hottest startups in town, nearly hitting a $700 million valuation in its latest funding round. The startup, backed by several investors, has raised a total of over $120 million in the past year. KreditBee is a digital lending platform that offers personal loans, including… Continue reading Indian fintech KreditBee nears $700 million valuation in new funding