When Alex Katz founded Two Chairs in 2017, he firmly believed that in-person therapy is the most effective for behavioral health.
On Tuesday, the company announced a $72 million Series C equity and debt financing led by Amplo and Fifth Down Capital, bringing Two Chairs total funding to $103 million.
Amplo also led the company’s $22.5 million Series B in August 2019.
Two Chairs is one of the latest therapy startups to raise substantial funding rounds.
Last week, Grow Therapy, a three-sided mental health platform for therapists, payers and patients, raised an $88 million Series C round led by Sequoia.
The carpooling and bus ticketing company has been around for so long that it’s hard to consider it a startup anymore.
Today, the company is announcing that it’s secured a €100 million revolving credit facility ($108M at today’s exchange rate).
And the good news is that there are BlaBlaCar users all around the world — not just France.
When the war in Ukraine started, BlaBlaCar had millions of users in Russia.
Even if you don’t book your next train ride on BlaBlaCar, the company is also experimenting with last-mile carpooling.
Bfree, a tech-enabled debt collection startup based in Nigeria, was founded to automate and introduce ethical debt recovery processes after its founders witnessed the use and adverse effects of aggressive retrieval techniques, such as incessant calling and debt-shaming, by predatory digital lenders.
It also launched a loan collection management SaaS dubbed Workflow, which targets companies with in-house collection teams or those that are not keen to outsource.
Bfree to create secondary market for loansIts current loan portfolio stands at over $400 million, out of which it has managed to collect 12.5%.
He added that they also have an analytics solution for banks to help them gain insights into secondary debt markets.
“We foresee the growing prominence of credit management and are confident that Bfree will spearhead the creation of a secondary market on the continent for distressed assets.
Blueshift, a San Francisco-based startup that taps AI to help brands automate and personalize engagement across different marketing channels, has secured $40 million in debt financing from Runway Growth Capital.
Blueshift competes with a number of vendors in the marketing automation space, including several who aim to build solutions from the ground up on GenAI.
There’s also Pixie, an AI-powered full-stack marketing platform; Aampe, a marketing automation platform for mobile apps; and Connectly, which employs automation to nudge shoppers to complete purchases.
As of June 2023, HubSpot had a roughly 37% share of the marketing automation market, followed by Adobe (~7%), Oracle (~7%) and ActiveCampaign (~7%).
But it’s a very lucrative venture, marketing automation.
Venture debt has its merits.
That’s why it’s interesting that startup finance company Arc Technologies is choosing now to take on the $30 billion venture debt industry with a venture debt marketplace for Silicon Valley.
There’s a larger pool of debt capital that’s now available to these companies because they’re stronger and more resilient.
That’s what Arc is solving with its Arc Capital Markets debt marketplace.
“We want to help founders and CFOs weather the ongoing storm in the venture capital funding route and ensure that they’re continuing to grow efficiently with minimal dilution.”
Defense tech startup Shield AI has expanded its latest funding round with another $300 million in equity and debt, bringing its total Series F to $500 million, TechCrunch has exclusively learned.
This total amount reflects $200 million in equity closed in November, $100 million in new equity raised at the Series F price, and $200 million in debt.
Shield AI is building an “AI pilot” to turn aircraft into autonomous systems.
“AI pilots are becoming a strategic conventional deterrent in class with our aircraft carriers andguided missile submarines,” he said in a statement.
“Adopt AI pilots too slow, and we will fail.
If you agree to suffer for content, you might just be able to pay off your parents’ debt.
Of course, the contestants on Netflix or in MrBeast videos are participating voluntarily and are not in mortal danger.
And according to a study from Kaiser Health News and NPR, 41% of American adults have some form of medical debt.
The American Dream is no longer the promise that anyone can get rich if they just work hard enough.
On Sunday, December 17, the day after she and MrBeast posted their videos, Taylor had around 12,000 subscribers, and on Wednesday, December 20, she’s broken 100,000.
Bank and technology platform Kapital continues to rake in venture capital, grabbing another $40 million in Series B dollars and $125 million in debt financing.
We previously covered Kapital’s $20 million Series A in May that included $45 million in debt.
Rene Saul and Fernando Sandoval co-founded Kapital in 2020 to provide similar financial visibility to small businesses, using data and artificial intelligence, that large enterprises have.
“Small businesses represent 90% of the world’s businesses; however, in Mexico, only 10.5% of those small businesses have access to total bank credit,” Saul said.
“That’s what we’re fixing — we give them visibility of their finances.”In 2023, Kapital’s customer base grew to 80,000 small businesses in Mexico, Colombia and Peru.
The flurry of recent activity surrounding student debt repayment, including government policies, like the SECURE ACT 2.0, passed by Congress in December, created provisions for employers to match student loan…
With a funding round totaling 50 billion won ($38.4 million), Seoul-based agritech startup, Green Labs, has secured debt financing from two investors. The new investment comes just one month after…
