A startup called Empathy has built a platform to help navigate this tricky space, and now with some 40 million people using the platform it’s raised $47 million more in funding to grow.
Further services will likely see more AI tools incorporated to guide people through the question of “what next” in the process of organizing things, Gura said.
This round brings the total raised by Empathy to $90 million.
Empathy is not disclosing its valuation, but we understand from sources close to the company that it’s now approaching $400 million.
The rise of more sophisticated AI tooling, has played a role in how Empathy has evolved over the last couple of years.
AI startup Advocate thinks that the tech could help people apply for federal government benefits more easily.
The New York-based startup was founded by Emilie Poteat, who got the idea after watching her stepfather try to get social security benefits.
Years later, Poteat realized that AI may be able to improve that process.
Poteat came on TechCrunch’s Found podcast this week to discuss why automating the application process using AI could help numerous people access government benefits easier.
This episode also dives into the company building process for Poteat and Advocate as the startup hasn’t fully launched yet.
Enter Underscore VC’s Lily Lyman, who is coming to TechCrunch Early Stage 2024 in Boston to discuss how founders can build investor relationships with the right venture capitalists.
She will discuss how to build venture relationships ahead of time, and how founders can — and should!
In today’s more stringent venture environment, founders can’t run a 2021-era playbook (unless they are building an AI foundational model company, I suppose).
So, bring your notebooks and questions to Lyman’s Early Stage session coming up next month.
She’ll be joined by a bevy of other startup folks who will be on hand to share their hard-earned wisdom.
Instead, he’s arguing with Tumblr users over an individual content moderation decision, which has sparked communitywide outcry and accusations of transphobia.
Aside from Elon Musk since he took over Twitter (now X), it’s uncommon to see the CEOs of social platforms commenting directly on individual content moderation decisions.
But no one on the trust and safety team was reassigned, so these moderation decisions likely weren’t impacted by the company shake-up.
However, Tumblr has a bad track record for content moderation decisions, especially those involving trans people.
“We did have an external contract moderator last year that was making transphobic moderation (and also selling moderation, criminally),” Mullenweg wrote on his blog.
The company is part of an increasing number of resume and skill apps that are trying to combat discrimination in the hiring process.
Hellohive hosts virtual networking programs between companies and candidates on the app, with clients including Goldman Sachs, American Express, and Morgan Stanley.
Hellohive’s holistic approach to hiring is important right now especially, as companies have been shifting away from DEI commitments.
Candidates also complete a course model that prepares them for the job recruitment process.
They then express interest in an employer on the app, and the hiring process formally kicks off.
This YC alum just raised $31M to build the ‘TurboTax for construction permitting’ Kleiner Perkins led the Series A, which came just over a year after seed roundAnyone who has ever tried to build or renovate a house knows the pain of obtaining construction permits.
It’s no surprise then that the startup world has seen a flurry of startups focused on streamlining the permitting process.
Today the company is announcing it has raised $31 million in Series A funding led by Kleiner Perkins, TechCrunch has learned exclusively.
More affordable housingPermitFlow primarily works with general contractors to help make the permitting process less painful.
“A municipality today will have a digital permitting process.
“[AI] affects all parts of an investment fund, from analysts to partners and back-office functions,” Song said.
Dili isn’t the first to apply AI to the due diligence process.
Gartner predicts that by 2025, more than 75% of VC and early-stage investor executive reviews will be informed using AI and data analytics.
The question is, can Dili’s AI — or any AI really — be trusted when it comes to managing a portfolio?
Dili ran an initial pilot last year with 400 analysts and users across different types of funds and banks.
Nearly 10 years ago, in April 2015, I published a blog called “Confronting the ‘S’ word: Dealing with general partner succession.” As the founder and managing partner of Vintage, I wanted to ensure that Vintage would survive after I retire.
Succession management is more critical now than ever before.
[The succession process] requires an open and genuine dialogue between the senior retiring and incoming management teams.
Implementing the succession process early: A fund management team needs to start the process and implement the mechanisms at least five to seven years before the current leadership team transitions out.
It is common for the founding or the current managing partner to start phasing out in their late 50s or early 60s.
Vivoo brings the answer to that question closer to homeThe trend we noticed at last year’s CES continues: Startups are really curious about your bodily fluids.
The company already offers a broad range of at-home tests, and launched a new test that can detect urinary tract infections (UTIs).
Vivoo’s At-Home UTI Test streamlines the diagnostic process for UTIs, which affect an astonishing 150 million people globally each year.
For women, who represent 60% of UTI sufferers in the United States, Vivoo’s product may prove to be a game-changer.
Vivoo’s journey in transforming personal health management began with the launch of its ‘smart toilet’ at CES last year, which received accolades for its role in early health condition detection.
The following is a compilation of 12 “dos and don’ts” for how innovators should pitch and partner with a new class of technology venture investors who balance market realism with optimism in driving a vision with substance.
Early-stage venture capital requires a team effort to find product-market fit and accelerate revenue growth.
DON’T give upLike many activities in the startup world, success finds those who have grit, courage, persistence, durability, and adaptability.
Venture capital often finds nonconsensus and nonobvious deals, but the process may take hundreds of meetings before the first yes.
Almost every company is better serviced by not raising venture capital and instead relying on profitable growth and other sources of capital.
