“Traditional voice-based call center service is difficult and costly. This is where artificial intelligence and voice technology have presented an opportunity for enterprises to overcome the challenges of scale and engagement at their customer contact centers,” co-founder and CEO Skit Sourabh Gupta told TechCrunch. The Covid-19 pandemic led to an unprecedented increase in call volumes […]
Monthly Archives: September 2021
Vista Equity to acquire majority stake in SaaS startup Drift, taking it to unicorn status
Private equity firm Vista Equity Partners announced today that it is taking a majority stake in Drift, a company which aims to be the Amazon of businesses, with a “growth investment” that propels the venture-backed startup to unicorn status. Unfortunately, neither party would disclose the amount of the investment, or Drift’s new valuation. But co-founder […]
General Catalyst, Abstract back Wanderlog’s $1.5M round for collaborative travel
Twin brothers Harry and Peter Yu grew up traveling all over, an aspect of their lives that continued even into their careers. What they didn’t enjoy was figuring out all the logistics, which has become more difficult during the pandemic: vacations that could be taken quickly now require more planning and even reservations. “People travel […]
Carbon Robotics secures $27M for its autonomous field weeders
Agricultural robotics firm Carbon Robotics (not to be confused with our former Battlefield contestant) announced this week that it has secured $27 million in funding. The round — which features Anthos Capital, Ignition Capital, Fuse Venture Partners and Voyager Capital — follows an $8.4 million Series A raised back in 2019. The company’s total funding […]
“Knowledge-as-a-service” platform Lynk lands funding from UBS’ Investment Bank
Lynk, the “knowledge-as-a-service” platform with more than 840,000 experts, announced today it has added $5 million raised from UBS’ Investment Bank division to its previously announced Series B. This brings the round’s new total to $29 million. The strategic investment marks the first time UBS has invested private equity in Lynk. The startup, which has […]
Cake launches the Makka, a $3,500 electric moped for city riding
Swedish electric motorcycle manufacturer Cake has released its newest vehicle, the Makka, a super lightweight e-moped that’s built for urban convenience. The bike starts at $3,500 and is now available for pre-order in the U.S. and Europe. The Makka is a step outside the norm for Cake, which is best-known for off-road motorbikes like its flagship […]
TikTok adds educational resources for parents as part of its Family Pairing feature
TikTok is expanding its in-app parental controls feature, Family Pairing, with educational resources designed to help parents better support their teenage users, the company announced morning. The pairing feature, which launched to global users last year, allows parents of teens aged 13 and older to connect their accounts with the child’s so the parent can […]
LastPad is a reusable menstrual pad that does away with disposable towels
Direct to consumer online sales have helped a number of female-focused startups get products to market in recent years — often pitching better designed and generally more thoughtful feminine hygiene products than mainstream staples. The lack of innovation in the mainstream market for feminine hygiene has certainly created a gap for startups to address. Examples […]
Danish startups Responsibly raises $2M to benchmark supply chains on climate, diversity
If the world is to reach NetZero, and avoid climate disaster it needs to make every product sustainable and that means every purchase. But to do that you need a lot more transparency, so that means more data on suppliers to improve sourcing and benchmarking companies. While companies are often doing their best, the problem […]
PayEm comes out of stealth with $27M and its answer to the expense report
Itamar Jobani was a software developer working for a medical company and “hated that time of the month” when he had to use the company’s chosen reimbursement tool. “It was full of friction and as part of the company’s wellness team, I felt an urge to take care of the employee experience and find a […]