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 Megan Rose Dickey

Ahead of IPO, Airbnb achieves profitability for second year in a row

Ahead of IPO, Airbnb achieves profitability for second year in a row

Airbnb, which is expected to go public this year, announced today a number of milestones. For starters, Airbnb says it was profitable on an EBITDA (earnings before interest, taxes, depreciation and amortization) basis for the second year in a row in 2018. In Q3 2018, Airbnb said it had its strongest quarter ever, where it […]

 Megan Rose Dickey

Teeth aligner startup Candid opens physical location in SF

Teeth aligner startup Candid opens physical location in SF

Candid, a teeth aligner startup that aims to make straight teeth more accessible and more affordable than Invisalign, is evolving its direct-to-consumer business. In addition to its at-home impression process, Candid recently started enabling people to come into a physical office to get their teeth scans completed. Today, Candid is opening physical storefronts in San […]

 Megan Rose Dickey

Mental wellness startup Wisdo launches with $11 million in funding

Mental wellness startup Wisdo launches with $11 million in funding

Social media has lately been linked to mental health issues, with a recent study showing a causal relationship between the use of social media and depression and loneliness. Wisdo, which just raised $11 million in seed funding from a handful of angel investors, aims to connect and support people in some of their toughest moments. Communities […]

 Megan Rose Dickey

Corporate food catering startup Chewse raises $19 million

Corporate food catering startup Chewse raises $19 million

Chewse, a food catering and company culture startup, just announced a $19 million fundraising round as it gears up to expand its operations in the Silicon Valley area. This brings Chewse’s total funding to more than $30 million. Chewse’s investors include Foundry Group, 500 Startups and Gingerbread Capital. Instead of plopping down meals in the […]

 Megan Rose Dickey

Quip raises another $40 million for dental care products and services

Quip raises another $40 million for dental care products and services

Quip, the dental care startup that got its start selling electric toothbrushes directly to consumers, has raised $40 million. The money comes in the form of equity and debt financing, with about half of the funding coming in an equity deal lead by Sherpa Capital and the other half in debt financing from Triplepoint Capital. “I […]

 Megan Rose Dickey

Kairos founder countersues his own company for $10 million

Kairos founder countersues his own company for $10 million

The turmoil continues at facial recognition startup Kairos . Last night, Kairos founder Brian Brackeen filed a counter lawsuit against Kairos and its interim CEO Melissa Doval that seeks $10 million in damages. Kairos is a facial recognition startup that has become well-known for its stance to never sell to law enforcement. At Disrupt SF […]

 Megan Rose Dickey

Airbnb made more than $1 billion in revenue last quarter

Airbnb made more than $1 billion in revenue last quarter

Ahead of Airbnb’s expected initial public offering next year, the home-sharing startup announced more than $1 billion in revenue during Q3 2018. Airbnb says this was its strongest quarter to date, where it saw “substantially more” than $1 billion in revenue. Airbnb, however, has been without a permanent chief financial officer since February, when Laurence […]

 Megan Rose Dickey

Apex.AI raises $15.5 million for autonomous-vehicle software

Apex.AI raises $15.5 million for autonomous-vehicle software

Apex.AI is emerging out of stealth today with quite the claim — an operating system for autonomous vehicles that will never fail. Founded by long-time automated systems engineers Jan Becker and Dejan Pangercic, Apex.AI develops operating systems for various types of autonomous mobility platforms. Today, Apex.AI is also announcing a $15.5 million Series A round led by […]

 Megan Rose Dickey

Sweetgreen is officially a unicorn

Sweetgreen is officially a unicorn

Salad startup and retailer Sweetgreen recently raised a $200 million Series H round led by Fidelity that valued the company at more than $1 billion. This round brings Sweetgreen’s total amount of funding to $365 million. With this additional $200 million in funding, Sweetgreen is setting its eyes on other food categories and looking to […]

 Megan Rose Dickey

Unicorn shoe startup Allbirds debuts a high-top sneaker

Unicorn shoe startup Allbirds debuts a high-top sneaker

Allbirds, the shoe startup that entered the unicorn club last month following a $50 million funding round, has unveiled its latest feet holders. Dubbed the Tree Topper, the high-top sneaker marks Allbirds’ fifth shoe style. The Tree Topper, which retails for $115, features merino wool knit, eucalyptus tree fiber fabric and sugarcane-based foam. “The Tree Topper […]

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