While big technology companies dominated the AI headlines in 2023, it is the mid-market companies that are realizing the most impressive return on investment from the adoption of AI at the beginning of 2024. A study by McKinsey found companies with $50M-$500M in revenue saw a 32% higher productivity boost from AI implementation than their…
In August 2024, HouseAmp, a property improvement financing platform, closed a successful funding round, securing over $12.4 million from angel investors. This significant capital boost comes as HouseAmp focuses on its unique approach to real estate: helping homeowners finance renovations to increase property value for resale or rental. Targeting a property improvement market that’s growing…
Just helped a client close a successful funding round, and it’s clear-there’s huge potential in the power of the crowd, especially for health tech. Here’s a recent example that mirrors what we’ve seen work: Hapbee Technologies – Crowdfunding Wins Hapbee is a wearable wellness startup that has raised more than $3.5M through Reg CF in…
In 2024, this remote-first model shapes the workplace and redefines team success for startups. Today, founders can recruit globally-bringing together a diverse talent pool unrestricted by borders. Companies such as Zapier and Automattic are proof that building a distributed team allows companies to find the best talent and boost innovation and competitive advantage. In contrast,…
Stripe, a global payment processing leader, raised $6.5 billion at a $50 billion valuation starting in 2023. More than raising capital, the funding round was a statement of Stripe’s resilience in the headstrong tech market, its valuation coming in lower than the peak of $95 billion back in 2021. Context: A Difficult Time for Tech…
Klarna secures $800M investment amidst market fall-off of its valuation In 2022, buy-now-pay-later giant Klarna has reportedly raised $800 million in new funding, amid an enormous plunge in valuation from $45.6 billion to $6.7 billion. This sharp plunge in valuation reflects the wider challenges within the fintech markets due to the increase in inflation and…
When Adobe acquired Figma for $20 billion, that wasn’t just any number; it was a stamp of approval for collaboration and innovation. Figma changed the game by redefining how design teams work, tearing down silos, and allowing creativity to flow between teams from wherever in the world. It wasn’t about the tools; rather, it was…
From a niche product to viral sensation, Oura Ring is taking wearable technology by storm. Have a look at their growth statistics, which will keep you speechless: • $50M+ annual revenue in 2023 from just $2M in 2020 • Valuation jumped to $2.55B in 2023, three times higher than in 2021 • Raised $148M in…
In 2010, Unilever introduced the ambitious Sustainable Living Plan in its effort to double its business while reducing its environmental footprint by half in 2020. The results, after ten years, are instructive for long-term strategies in sustainability. The headline initiatives undertaken included: 1. Sustainable Sourcing: 62% of agricultural raw materials were sustainably sourced in 2020,…
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