A smartly-liked scheduling startup raises a substantial funding spherical, Twitter makes a publication acquisition and Beyond Meat teams up with PepsiCo. Right here is your Every single day Crunch for January 26, 2021.
The substantial story: Calendly valued at $3B
Calendly, which helps users time table and verify assembly instances, has raised $350 million from OpenView Venture Partners and Iconiq.
Till now, the Atlanta-basically based startup had most effective raised $550K, but the firm says it has 10 million monthly users, with $70 million in subscription earnings ultimate 365 days.
“Calendly has a vision more and more to be a central part of the assembly lifestyles cycle,” talked about OpenView’s Blake Bartlett.
The tech giants
Twitter acquires publication platform Revue — Twitter is inviting into the publication commercial.
TikTok is being ancient by vape sellers marketing to teens — Sellers are offering flavored disposable vapes, guardian-proof “discreet” packaging and no ID tests.
PepsiCo and Beyond Meat originate poorly named three design partnership for trace recent plant-basically based food and drinks — The establish? The PLANeT Partnership.
Startups, funding and venture capital
Rapidly raises $102M as the on-line checkout wars proceed to attract expansive funding — The recent funding used to be led by Stripe.
SetSail nabs $26M Sequence A to rethink sales compensation — SetSail says salespeople would possibly presumably well well just silent be paid them at some point of the sales cycle.
Mealco raises $7M to originate recent supply-centric restaurants — By launching a restaurant with Mealco, cooks don’t signal a hire or pay every other upfront charges.
Advice and prognosis from Extra Crunch
Ten VCs enlighten interactivity, regulation and self sustaining creators will reshape digital media in 2021 — We requested referring to the chance of extra industry consolidation, whether or now not we’ll discover about more digital media firms accumulate the SPAC route and, for certain, what they’re shopping for of their subsequent funding.
The 5 largest errors I made as a foremost-time startup founder — Finmark CEO Rami Essaid has some regrets.
Does a $27B or $29B valuation create sense for Databricks? — A peek at Databricks’ enhance historical previous, economics and scale.
(Extra Crunch is our membership program, which helps founders and startup teams salvage ahead. It’s possible you’ll presumably well register here.)
Every thing else
President Joe Biden commits to replacing entire federal fleet with electrical vehicles — His commitment is tied to a broader campaign promise to create 1 million recent jobs in the American auto industry and provide chains.
Meet the early-stage founder neighborhood at TC Early Stage 2021 — Early Stage part one specializes in operations and fundraising and takes place on April 1-2, whereas Early Stage part two specializing in marketing, PR and fundraising and runs July 8-9.
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