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Daily Crunch: AI content developer Jasper now valued at $1.5B following capital infusion

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The newsletter is a little later than usual today and for the next three days. Don’t worry, it’s for fun reasons: We want to be the first to tell you about the awesomeness that is our TechCrunch Disrupt Battlefield companies. Find ’em in our special Battlefield section belooooow! And, this is the first time EVER, that we are writing Daily Crunch, sitting next to each other, IRL. — Christine and Haje

The TechCrunch Top 3

  • Someone’s having a good day: Jasper, which calls itself an “AI content” developer, raised its first round of funding ever — and a big one at that, at $125 million, to give it a $1.5 billion valuation, Kyle reports. It also comes as the company is in the process of acquiring a grammar- and style-checking platform, Outwrite.
  • Turning renters into owners: Christine provides an update on Landis, which raised $40 million in Series B funding. The company buys homes on behalf of clients while also providing a patch for them to build up their credit and eventually get a mortgage on the home they rent.
  • So, Apple had an event: Romain gives you a look at the new entry-level iPad that he says looks just like the iPad Pro. Alas, it’s also more expensive, but you get a larger screen. Priorities, amirite?

Startups and VC

Venture capital funds focusing on niche sectors are “in,” according to Connie, and Will Ventures is here for it. Christine reports that the low-flying, Boston-based venture outfit just tripled the size of its second fund to $150 million thanks to its approach of investing in sports technologies with the help of its community of athlete backers who help promote and grow the portfolio companies.

Turo, the peer-to-peer car-sharing platform that’s been described as the Airbnb for cars, will expand to Australia before the end of the year, Rebecca reports. Local car owners in all major cities, including Sydney, Perth, Melbourne and Brisbane, can join the waitlist on Turo’s website.

Okay, fine, have a few more:

News Drops from Disrupt

Crypto accelerator: Andreessen Horowitz’s Chris Dixon dishes to Anita about a “Crypto Startup School,” an inaugural accelerator program that will kick off next year in Los Angeles. He also provided more info on the firm’s recent giant investment in our favorite controversial founder, Adam Neumann.
Stealthy startup: Both Harri and Tim sat in on Ingrid‘s interview with Marc Lore, who disclosed a new sports ticketing startup that he is working on called Jump Platforms and provided some insight on the Diapers.com sale to Amazon, calling it a “forced transaction.”
On cloud nine: Netflix VP of Gaming Mike Verdu spoke to Amanda about opening a new gaming studio in SoCal and getting into cloud gaming.

Startup Battlefield

It’s Disruuuuuupt! We are so excited we can barely sit still. Here’s the first batch of Battlefield companies that pitched onstage on this fine California Tuesday — and if you’re curious, Neesha revealed the 20 companies that are presenting on the Disrupt Stage earlier today. Here’s the first batch that pitched today:

NXgenPort: A Saint Paul, Minnesota–based startup that’s looking to remotely monitor cancer patients in between doctor visits using a port catheter.

Omneky: Leverages OpenAI’s DALLE-2 and GPT-3 models to generate visuals and text that can be used in ads for social platforms.

Circular Genomics: Claims its new form of genetic testing can identify which medications will work for a patient in a fraction of that time.

Anthill: Connects frontline workers to company resources through text messaging.

AppMap: Was built on the simple idea that developers should be able to see the behavior of software as they write it so they can prevent problems when the software runs.

Mother Honestly: New commerce offering aims to give employees more freedom when it comes to caregiving spending.

Digest.ai: Beyond flash cards to create an AI dialogue assistant that we can all carry around on our phones.

Swap Robotics: Paving the way for electric solar vegetation cuts and sidewalk snow plowing.

Hormona: Hopes to encourage people with periods to do just that — add hormone-monitoring to their quantified health mix.

Staax: Thinks peer-to-peer payments can onboard a new generation of stock investors.

How to combine PLG and enterprise sales to improve the funnel and drive bottom-line growth

Six different drinking straws in a cup
Image Credits: Richard Drury (opens in a new window) / Getty Images

Products and services that sell themselves sound great, but product-led growth (PLG) startups still launch marketing campaigns and hire sales teams.

Combining PLG with traditional sales-led growth efforts can raise retention and acquisition to the next level, says Kate Ahlering, chief revenue officer at Calendly.

In this TC+ guest post, Ahlering lays out multiple strategies that will help teams implement a “hybrid GTM strategy,” which includes suggestions for leveraging PLG data and optimizing success metrics.

How to combine PLG and enterprise sales to improve your funnel

Three more from the TC+ team:

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code “DC” for a 15% discount on an annual subscription!

Big Tech Inc.

We have even more for you from Apple’s surprise October event. Brian takes a look at the company’s new M2 iPad Pro, which got a refresh and arrives October 26. He talks about chips and inches, and a pencil…you get the picture.

Even more Apple for you to bite into:

Since we have all the Battlefield companies for your reading pleasure, here are just a few more:

More TechCrunch

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Time is relentless and, right now, it’s no friend to procrastination-prone early-stage startup founders. The application window for Startup Battlefield 200 (SB 200) at TechCrunch Disrupt 2024 slams shut in…

One week left: Apply to TC Disrupt Startup Battlefield 200

Cloudera, the once high flying Hadoop startup, raised $1 billion and went public in 2018 before being acquired by private equity for $5.3 billion 2021. Today, the company announced that…

Cloudera acquires Verta to bring some AI chops to its data platform

The global spend management sector is experiencing a tailwind of sorts. North America is arguably the biggest market in this space, but spend management companies have seen demand rise across…

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Neural Concept lets designers model how components will perform before they can be manufactured.

Swiss startup Neural Concept raises $27M to cut EV design time to 18 months

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X will now allow users to post consensually produced NSFW content as long as it is prominently labeled as such.

X tweaks rules to formally allow adult content

Ashby consolidates existing talent acquisition tools and leans heavily on AI to automate the more repetitive steps in the recruitment pipeline.

Ashby injects recruiting with a dose of AI

Spotify has announced it’s hiking subscriptions for customers in the U.S., the second such price increase in the space of a year. The music-streaming giant reports that premium pricing will…

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Monzo has announced its 2024 financial results, revealing its first full-year pre-tax profit. The company also confirmed that it’s in the early stages of expanding into the broader European market…

UK neobank Monzo reports first full (pre-tax) profit, prepares for EU expansion with Dublin hub

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Presumptive Republican presidential nominee Donald Trump now has an account on the short-form video app that he once tried to ban. Trump’s TikTok account, which launched on Saturday night, features…

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With fewer than 400,000 inhabitants, Iceland receives more than its fair share of tourists — and of venture capital.

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Kobo put out a handful of new e-readers a few weeks back: color versions of the excellent Libra 2 and Clara, as well as an updated monochrome version of the…

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Unity co-founder David Helgason’s next act: Gaming the climate crisis

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