Tagged: andreessen horowitz

OpenInvest Presents Shareholder “Digital Democracy”: Vote with a Simple Swipe

OpenInvest, an online investment advisor empowering individuals to drive social change with their dollars, today launched its first iPhone app that features “the world’s first digital democracy,” the ability to vote in the shareholder resolutions with a simple swipe. The Y Combinator and Andreessen Horowitz-backed socially responsible investing… Read More

Vanishing IPOs: A Discussion Of The Causes, Cures & Implications

In a recent testimony to the Investor Advisory Committee of the Securities and Exchange Commission (SEC), Scott Kupor, CEO & Managing Partner of Andreessen Horowitz, a $6.5 billion multi-stage venture capital firm, gave an amazingly comprehensive and concise description of today’s vanishing IPO market, the… Read More

Online Real Estate Marketplace Cadre Raises $65 Million led by Andreessen Horowitz

Cadre describes itself as a tech-enabled real estate investment platform with an emphasis on differentiated sourcing, diligence enhanced by data, increased transparency, and investor-friendly terms. Cadre is targeting bigger investors but has plans to expand their and now they have additional funding to execute on their… Read More

Into the Black: TransferWise Celebrates Operational Profitability

UK Fintech TransferWise has reached operational profitability six years after launch, according to a release. The Estonia-founded, London-based currency exchange startup indicated that it is currently amassing £8 million a month in revenue and is on target to reach £100 million for 2017. “To have hit… Read More

Andreessen Horowitz Leads Funding Round in Robo-Advisor OpenInvest

OpenInvest has received $3.25 million in Seed funding led by high profile VC Andreessen Horowitz. The Fintech firm also received funding from Abstract Ventures, Wireframe Ventures and SV2. OpenInvest is described as “social impact investing platform” targeting retail investors. The Robo-advisor enables investors to align… Read More

Startup Grind 2017: Fintech is the Future

Two-day conference Startup Grind earlier this week set in Redwood City, California at the Fox Theater boasted “5,000 founders and investors, more than 40 keynote and fireside sessions, and over 50 exhibiting startups”.  The ability to pull back from all of the pitches and decipher key messages… Read More

PeerStreet Raises $15M During Series A Funding Round Led by Andreessen Horowitz

Real estate crowdfunding platform, PeerStreet, announced on Thursday it raised $15 million during a Series A funding round, which was led by Silicon Valley venture capital firm, Andreessen Horowitz, with additional participation from The Kaiser Family Foundation, Rembrandt Venture Partners, and Montage Ventures.  The portal revealed… Read More

Fintech Platform Point Nabs $8.4M in Series A Funding, Led by Andreessen Horowitz

Point, claiming the title as the first financial technology platform that allows homeowners to unlock their home equity wealth without taking on new debt, announced today that it has raised $8.4 million in Series A funding led by Andreessen Horowitz which also led the company’s… Read More

Mark Cuban is Interested in Using Reg A+

Billionaire shark and outspoken entrepreneur Mark Cuban is considering using Title IV of the JOBS Act. He sees the updated securities exemption as a huge opportunity.  Currently, most of the Mark Cuban media coverage has focused on him taking up the banner of the #nevertrump… Read More

Crowdfunder Update: CEO Chance Barnett Announces VC Fund

Crowdfunder now provides unprecedented access — for both experienced institutional investors and everyday investors — to early-stage deals from many of Silicon Valley’s leading VC firms.  Crowdfunder has launched a VC Index Fund which co-invests with a select list of leading VCs (the Index), investing $100,000 per deal… Read More

$13.8B for Global Funding for VC-Backed Fintech Firms; Payments, Lending & Blockchain Lead Way

2015 was the year that financial technology entered the mainstream, claims the new report “Pulse of Fintech” from KPMG and CB Insights (see also the University of Cambridge Centre for Alternative Finance  seminal benchmarking surveys last year), which estimates that VC-backed fintech firms around the world secured $13.8 billion in… Read More

TransferWise’s Future of Finance Report Shows How Americans Incorporate Fintech into Daily Life

Nearly one third of Americans will be using a technology company for financial services such as loans, mortgages and payments in five years, reports global P2P platform TransferWise Almost one third of Americans are likely to be using a technology provider and not a bank for… Read More

This One Graph Explains Why the Definition of an Accredited Investor Must Be Changed Now

There is currently a bill weaving its way through Congress that will go a long way in addressing the regulatory negligence known as the definition of an accredited investor.  The SEC staff has proposed new rules, which the Commission may consider, that have the potential to… Read More

Amazon Rolls Out the Red Carpet for Startups with New “Launchpad” Feature

Amazon today announced Amazon Launchpad, a new program that makes it easy for startups to launch, market, and distribute their products to hundreds of millions of Amazon customers across the globe. The program offers a streamlined onboarding experience, custom product pages, a comprehensive marketing package,… Read More

Fund Forward: 8 Exciting Trends in Crowdfunding That Are Coming Sooner Than You Think

With a compound annual growth rate of 88% since 2011, crowdfunding, particularly equity crowdfunding, is taking off. The decentralization of finance gives individuals more choice and control as to where they invest their money, and simultaneously offers startups access to new sources of capital. So… Read More

USAA Enters Bitcoin Space, Invests in Coinbase’s $75M Series C Funding Round

“USAA’s recent entrance into the bitcoin space may have been driven, in part, by interest in the technology among its own membership,” reported Stan Higgens from CoinDesk.  “The Fortune 500 financial services company, based in Texas, was among a diverse group of investors that took part in… Read More

Ringly Ran Successful Pretail Campaign, Now Raises $5.1 Million

Wearable tech startup Ringly has collected a $5.1 million Series A funding round led by Andreessen Horowitz.  The company ran a successful pretail funding campaign last summer easily topping their $60,000 goal.  The campaign was described at the time as the “most successful pre-sales campaign… Read More

Wevorce Trending on AngelList: W13 Y Combinator Pick Changing Divorce for Good

Wevorce is a national divorce company that keeps families out of court using a high-tech and high-touch approach to amicable divorce. Currently trending on AngelList, Wevorce’s software-supported process connects families with Wevorce certified mediators across the United States. “We help mitigate the mental anguish and… Read More

uBiome Raises $4.5 Million Including Andreessen Horowitz

uBiome raised just over $350,000 on Indiegogo back in February 2013.  The small company had set out to sequence the human microbiome.  The campaign organizers described the human environment, “like the rainforest, the healthy human microbiome is a balanced ecosystem. The correct balance of microbes… Read More

Ringly Smart Jewelry Exceeds Pretail Goal, Adds New Eight New App Partnerships

As a result of its highly successful launch, Ringly has not only exceeded its pre-sales goal of $60,000, but has also initiated the most successful pre-sales campaign for women’s connected jewelry, reaching over $100,000 in sales in under 24 hours. The company has already sold… Read More