Latest from Marina Temkin
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HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B
Late-stage HR tech startup Rippling is raising new capital. The company’s new round, which has not yet closed, would inject $200 million into Rippling with another $670 million worth of shares being sold by existing stockholders, according to two people familiar with the deal. This will be Rippling’s Series F…
Two Chairs raises $72M Series C in equity and debt to scale its therapist network
When Alex Katz founded Two Chairs in 2017, he firmly believed that in-person therapy is the most effective for behavioral health. Two Chairs used technology — a proprietary matching algorithm…
API startup Noname Security nears $500M deal to sell itself to Akamai
Akamai Technologies is in advanced acquisition talks with Noname Security, an API cybersecurity startup, according to a people person familiar with the deal.
Virtual physical therapist Hinge Health lays off 10% of its workforce
The 9-year-old Hinge Health offers a digital solution to treat chronic musculoskeletal (MSK) conditions and was last valued at $6.2 billion in October 2021.
Cendana, Kline Hill have a fresh $105M to buy stakes in seed VC funds from LPs looking to sell
Fund-of-funds investor Cendana Capital has joined with Kline Hill Partners for a new oversubscribed fund to buy out stakes from seed LPs looking for liquidity.
Kiki World, a beauty brand that uses web3 for customer co-creation and ownership, raises $7M from a16z
If you think that choosing a nail polish color or which ingredients go into your face cream can’t have anything to do with blockchain, think again. Kiki World, a beauty…
YC’s latest Demo Day shows fascinating wagers on healthcare, chip design, AI and more
As we did on Wednesday, a number of the TechCrunch crew watched the entire run of presentations, picking out a handful of favorites to highlight.
The startup fundraising squeeze could persist as VCs struggle to refill their own coffers
Many startups are hoping that the gradual opening of an IPO window and the prospect of interest rate cuts later this year will finally encourage VCs to be less stingy…
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The 18 most interesting startups from YC’s Demo Day show we’re in an AI bubble
From AI-generated music and grant applications to neat new fintech applications and even some healthtech work, there was something for everyone.
Rubrik’s IPO filing hints at thawing public markets for tech companies
Rubrik initially presents as a moderately growing software business with net losses that stretched to $354 million in its most recent fiscal year.
Sam Altman gives up control of OpenAI Startup Fund, resolving unusual corporate venture structure
OpenAI CEO Sam Altman has transferred formal control of the eponymously firm’s named corporate venture fund to Ian Hathaway, OpenAI confirmed to TechCrunch. The OpenAI Startup Fund, launched in 2021,…
Furnished rental startup Blueground defies proptech woes with $560M in revenue, a new $45M raise
Blueground, which operates a global network of furnished apartment rentals for stays of a month or more, has raised $45 million, on sales of $560 million.
Reddit priced its stock on Wednesday at $34 a share, the top of the anticipated range, a signal that investors are excited about the company’s IPO on Thursday. The social…