This partly explains why Belgium-based startup Qargo has now raised £11 million ($14 million) in a Series A round led by Balderton Capital.
With the logistics industry facing rising operating costs, decarbonization pressures, hikes in fuel prices and cyber attacks, companies in the space are in tricky times.
There is clear pressure to digitize the industry to introduce cost savings.
While the transport industry does use legacy software platforms like Mcleod Software, Rose Rocket and Dash Doc, many of these platforms are from an earlier era.
In a statement, Rob Moffat, partner at Balderton Capital, said, “Logistics is a $5T market globally but is often overlooked by software companies.
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Paris-based startup Pigment has raised a $145 million funding round just five years after its inception.
This funding round comes as a bit of a surprise as large rounds have been few and far between in France.
Before Pigment, Crespo worked for VC firm Index Ventures and Google.
We’ve developed a lot of modules that enable us to serve HR teams, supply chain teams and sales teams,” Crespo said.
Like many software companies, Pigment has also added AI features.
So Chen founded NewRetirement, a Mill Valley-based company building software to help people create financial retirement plans.
Today, NewRetirement’s direct-to-consumer products power financial planning for 70,000 users managing close to $100 billion in their own financial plans, according to Chen.
And while 37% of respondents say that they work with a financial adviser, two-thirds of Americans believe that their financial planning needs improvement, according to Northwestern Mutual’s Planning and Progress Study 2023.
Now, you might wonder, what makes NewRetirement different from startups like Retirable, which similarly provides an array of retirement planning tools and access to asset managers?
Chen asserts that NewRetirement is one of the few — and perhaps only — financial planning platform that serves consumers as well as advisers and workplaces.
Marissa Mayer’s startup just rolled out photo sharing and event planning apps, and the internet isn’t sure what to thinkWhen Marissa Mayer co-founded a startup six years ago in Palo Alto, Ca., expectations were sky high for the former Yahoo CEO and early Google employee.
When that startup, Sunshine, revealed that its first app centered around subscription software for contact management, people wondered if something more ambitious might be around the corner.
Today, after Sunshine released two equally mundane features – event organizing and photo sharing – internet commenters were decidedly mystified.
I was also baffled last week, when Mayer walked me through Sunshine’s new offerings.
The core thesis has always been to take the mundane and make it magical.”The team “thought about naming it Mundane AI,” she continued.
The latter has made snake robots a compelling addition to search-and-rescue teams, as the systems can squeeze into spots people and other robots can’t.
That means a lot of ice, as NASA researchers are planning to send it to Saturn’s small, cold moon, Enceladus.
Twenty-first-century flybys from Cassini have revealed a water-rich environment, making the ice-covered moon a potential candidate for life in our solar system.
The eventual plan is to use the snake robot, Exobiology Extant Life Surveyor (EELS), to explore oceans beneath the moon’s crust and finally answer one of the universe’s big, open questions.
In fact, CMU spinout HEBI Robotics designed the modules being used in this early version of the system.
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The Harness offering also has two other components, serving as a marketplace for discovery of advisors and services and consumer financial insight tools.
In order to fill that need, Harness partnered with experienced tax advisors who in most cases already had a significant roster of clients.
So when those advisors partnered with Harness, many of those clients became clients of Harness as well.
Put simply, the new platform “powers the collaboration between tax advisors and their clients,” the company said.
About 75% of Harness’ clients come through advisors that join the platform.
For co-founder and CEO Dayo Esho, the idea for TravelJoy emerged from his experiences growing up in the travel industry, supporting his mom’s travel agency business.
The co-founders began working TravelJoy in 2018, while participating in NFX’s accelerator.
The company also recently added integrations with travel insurance provider Faye and Viator, a marketplace for travel experiences.
The idea is to centralize the travel entrepreneur’s workflow, with CRM, messaging, invoicing, payments, proposals, itineraries, and group trip management in one digital solution.
Despite the pandemic’s massive and immediate impact on global travel, TravelJoy surprisingly didn’t shut down.
I was out of town on business when our quarterly report came out. I couldn’t believe the numbers – our company had just had its best quarter ever. But even…