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Serial fintech founder raises $20M for Ant Money to make micro-investing even more accessible

TechCrunch

Serial fintech entrepreneur Walter Cruttenden founded Acorns with his son, Jeff, in 2012 with the goal of helping low- and middle-income households invest and save responsibly. The pair wanted to simplify investing for the millions that have trouble getting started or continuing to invest.

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Why I Doubled Down on YouTube Investments with MiTú

Both Sides of the Table

MiTú, based out of Los Angeles, was founded in 2012 by three veterans from the Hispanic media world: Beatriz Acevedo ( recently named on the 25 most important digital media players on The Hollywood Reporter !) , Doug Greiff and Roy Burstin. MiTú will use its $10 million to build out new production facilities in LA and Mexico.

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Acorns acquires UK’s GoHenry, a fintech focused on 6- to 18-year-olds

TechCrunch

based savings and investing startup Acorns has acquired London-based GoHenry , a startup focused on providing money management and financial education services to 6- to18-year-olds in an all-equity deal, the two companies announced today. Acorns Early lets parents, guardians, family and friends easily invest in a child’s future.

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Celonis secures another $1B to find and fix process problems in enterprise systems

TechCrunch

Lest there be any doubt some startups are riding high even amid the macroeconomic uncertainty, process mining software vendor Celonis today announced that it secured a whopping $1 billion in additional capital at a $13 billion post-money valuation, a mix of equity ($400 million) and debt (a five-year $600 million credit line).

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Revenue-Based Investing: A New Option for Founders who Care About Control

David Teten VC

A new wave of Revenue-Based Investors are emerging who are using creative investing structures with some of the upside of traditional VC, but some of the downside protection of debt. I believe that Revenue-Based Investing (“RBI”) VCs are on the forefront of what will become a major segment of the venture ecosystem.

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Acorns squirrels away $300M Series F after scrapping SPAC, now worth nearly $2B

TechCrunch

Savings and investing app Acorns has raised $300 million in a Series F funding round that values the company at nearly $2 billion. Acorns’ SPAC listing depicts a consumer fintech business with a SaaSy revenue mix. billion SPAC with Pioneer Merger Corp. in favor of an eventual traditional IPO. ” . .”

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Exotel raises $40 million for its full-stack customer engagement platform

TechCrunch

Exotel, which counts Blume Ventures and IIFL Asset Management among its backers, has raised about $100 million in a mix of debt and equity rounds in the last 12 months. Indian ride-hailing giant Ola uses Exotel’s platform to send text messages to its customers. It’s also looking to hire about 200 people by the end of the year.

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