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 Megan Rose Dickey

Rent the Runway hits a $1 billion valuation

Rent the Runway hits a $1 billion valuation

Rent the Runway just closed a $125 million round led by Franklin Templeton Investments and Bain Capital Ventures. This round values the company at $1 billion. In total, Rent the Runway has raised $337 million in venture funding. “Shared, dynamic ownership is a movement that Rent the Runway has pioneered over the last decade and […]

 Megan Rose Dickey

Populus raises $3.1 million to help cities make sense of shared scooters and bikes

Populus raises $3.1 million to help cities make sense of shared scooters and bikes

Cities are seemingly down for this new era of transportation, which entails micromobility services and ride hailing, and operators are increasingly more down to share their data with cities. Now, cities just have to find out what to do with this data and how to extract learnings from it. This is where Populus comes in. […]

 Megan Rose Dickey

DoorDash claims drivers made an average of at least $17.50/hour on deliveries in 2018

DoorDash claims drivers made an average of at least $17.50/hour on deliveries in 2018

On-demand food delivery startup DoorDash has been under fire as of late for its practices around paying drivers. In an email to drivers today, obtained by TechCrunch, DoorDash said drivers received an average of $17.50 or more per hour on deliveries in 2018. That figure, of course, does not take into account cost of mileage, […]

 Megan Rose Dickey

Bird launches platform to let entrepreneurs manage their own fleet of scooters

Bird launches platform to let entrepreneurs manage their own fleet of scooters

Bird is launching its new program, Bird Platform, in New Zealand, Canada and Latin America in the coming weeks. First up is New Zealand, where Bird has partnered with a local entrepreneur to manage a fleet of Bird electric scooters. Residents of New Zealand will start to see Bird scooters on the streets next week. […]

 Megan Rose Dickey

Quip launches toothbrush for kids

Quip launches toothbrush for kids

Quip, the dental care startup, is releasing a new product aimed toward kids. Similar to the electric toothbrush it makes for adults, the kids’ brush features a timer that pulsates every 30 seconds and automatically turns off after two minutes. The main differences between the brush for kids and one for adults is the non-slip […]

 Megan Rose Dickey

Zūm, a ridesharing service for kids, raises $40 million

Zūm, a ridesharing service for kids, raises $40 million

Ride-sharing isn’t just for transporting teenagers and adults anymore. Zūm, a ridesharing startup for kids, just raised a $40 million Series C round led by BMW i Ventures with participation from Spark Capital and Sequoia Capital. This brings the company’s total funding to $70 million. Zūm is a mobile app that enables parents to schedule rides for […]

 Megan Rose Dickey

Zoba raises $3 million to help mobility companies predict demand

Zoba raises $3 million to help mobility companies predict demand

Scooter share, bike share and ride hailing are quickly becoming staple commodities in cities all over the world. As companies in those respective spaces try to improve their economics, Zoba is aiming to contribute to those goals by predicting demand for scooters, bikes and, eventually, rides in particular areas. To support Zoba’s mission, the company […]

 Megan Rose Dickey

Thumbtack now offers benefits to independent contractors

The gig economy has been under much scrutiny as of late due to the way it pays — or, skirts around paying — its independent contractors. Thumbtack, a platform for finding professionals to do anything from home maintenance do DJing a party, is now offering benefits to some of its independent contractors. “In a time […]

 Megan Rose Dickey

Kairos gets a $4 million lifeline for its facial recognition software

Kairos gets a $4 million lifeline for its facial recognition software

Kairos, the facial recognition startup that found itself in turmoil following the ouster of founder and then-CEO Brian Brackeen last October, has raised $4 million in funding from E. Jay Saunders, CEO of Domus Semo Sancus. This brings Kairos’s total funding to $17 million. As of November, Kairos had just enough money to get through […]

 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 […]

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