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Although 2024 was another exceptionally lackluster year for new public offerings, the IPO market could gain momentum in 2025 after its three-year lull. With that in mind, here are 13 companies that the Crunchbase News team thinks could be top contenders to go public if our 2025 market forecast bears out. That made sense.
million seed f or its virtual HQ platform. Teamflow’s virtual HQ platform. Gather’s virtual HQ platform. Crivello is clear about his vision for the startup: He wants to make it harder to move out of a virtual office than a physical office. Virtual HQs race to win over a remote-work-fatigued market.
In 2020, SkyDeck — along with much of the rest of the world — went virtual. We are also hearing chatter that Demo Day will be larger than ever before because virtual events are much more scalable.”. Notable alumni include micromobility unicorn, Lime, and delivery robotics firm, Kiwi.
The week was especially good for biotech, which led the way with two big raises. Tome Biosciences , $213M, biotech: A big biotech raise hit high on the list this week. Bicara Therapeutics , $165M, biotech: If Bicara Therapeutics looks familiar, it’s because this isn’t its first time on this list.
The IT infrastructure company will use the fresh cash for M&A activities and entering new markets globally. Enveda Biosciences , $130M, biotech: It was just in June that Enveda Biosciences first landed on this list, after raising a $55 million round that included Microsoft as an investor.
Founded in 2019 by Dr. Abasi Ene-Obong, the three-year-old startup seeks to address the gap in the global genomics market where less than 3% of genetic material used in pharmaceutical research is African. A company’s spokesperson confirmed the news after several sources informed TechCrunch of the layoffs last week.
Twitter Spaces: SaaS marketing with MKT1 founders Emily Kramer and Kathleen Estreich. In addition to their work with individual companies, they also run founder workshops, a job board and a marketer-led syndicate. In an increasingly hot biotechmarket, protecting IP is key. I hope you have a great week. Walter Thompson.
Addiction-focused virtual care startups have pulled in hundreds of millions for business models largely based on building offerings scalable enough to meet the massive demand for treatment. Funded startups are taking on both the cost issue and, with virtual care, addressing the shortage of local treatment facilities.
TechCrunch Live took a virtual visit to Boston this week at our special City Spotlight: Boston event. To them, the area’s rich history in deep tech explains why high-tech startups, from biotech to cybersecurity companies, find success in the region. The event started with Greg Dracon, of.406 And the Boston area keeps growing.
Its approach is also drastically different from most fertility service providers — it has savvy, intelligent marketing; a tech-enabled and fully virtual care facility; a focus on compassion; and ample customer education to help patients feel involved and understood. The company today has 12 outlets in 10 cities in the U.S.
Now, with a valuation above $1 billion USD, Habi is a serious player in the LatAm home buying market, where the majority of the homes for sale are not listed online. Today’s interview was led by TechCrunch Senior Reporter and edtech expert Natasha Mascarenhas.
The event has accelerated the use of telemedicine, virtual care, and drug delivery, thus fuelling investor interest in the sector. Reports say healthtech in Africa should reach a market value of over US$11 billion by 2025 and Reliance Health is looking to play a pivotal role in the continent reaching that capitalization.
Normally, a CCO develops ideas about what the market needs and communicates them to a design team, which produces sketches to then be reviewed by the CCO. Gen AI helps scientists develop new proteins Another interesting set of use cases can be found, for the time being, in biotech.
This funding will be used to help the SF-based healthcare provider startup to continue to expand its nationwide footprint, including with the opening of 100 pop-up clinics planned for across 20 markets across the U.S. This past year has seen Carbon Health expand from just seven clinics to 27, spread out across six different states.
Formation Bio , $372M, biotech: Every week there is a big biotech raise and this week’s is really big. More and more biotech startups are using AI to help with their drug processes and investors are clearly taking note. Sidecar Health believes a free-market approach will ensure healthcare is more accessible and affordable.
Clearly GM is betting — big — the autonomous driving and robotaxi market comes back. AlphaSense , $650M, artificial intelligence: AI-driven market intelligence platform AlphaSense raised $650 million in funding co-led by Viking Global Investors and BDT & MSD Partners at a $4 billion valuation — a 75% increase from just nine months ago.
April also saw a half-dozen rounds of a quarter-billion dollars or more, including a $1 billion round for an AI-enhanced biotech. Xaira Therapeutics , $1B, biotech: The biggest round in April was really big. The company develops power-optimized chips targeting the data analytics and generative AI markets. Let’s take a look.
Startups and VC It’s always nice to have a lot of capital to invest, but managing a large new fund can be even more advantageous right now given that many later-stage companies that put off fundraising last year will likely be in the market come hell or high water in 2023, Connie reports. billion , up from the $1.3 billion , up from the $1.3
That’s despite the fact that the public markets have been historically slow and private company valuations have come down, which should make acquisitions more compelling for buyers. While M&A and public-market exits remain slow, secondary financings are growing in popularity , returning some capital to investors.
It’s no secret the pandemic has pushed healthcare to become virtual, in theory making it easier for patients to attend appointments and access the care they need. ” In addition to proving a more integrated path for patients, Equipt partners with medical device companies looking to go to market.
The platform expanded its virtual care suite to be more comprehensive, including a partnership with telemedicine provider Teladoc, which Holland says is an example of how HealthJoy is helping HR and brokers deal with additional major claim categories like cancer and cardiometabolic disease by making it easier for people to get preventative care.
Indeed, part of what the company is going after is a piece of the global virtual clinical trials market, which is forecasted to reach $11.5 Medable has proven it is in a strong position to win outsized market share. It is a competitive market, but Medable is breaking away from the pack.”. billion by 2028.
Terray Therapeutics , $120M, biotech: Los Angeles-based Terray Therapeutics, a biotech startup developing small molecule drug therapeutics, raised a $120 million Series B led by new investor Bedford Ridge Capital and existing investor NVentures. Founded in 2021, the company has raised nearly $318 million, per Crunchbase.
The startup is not new to the AI scene — it’s a decade old — and offers an array of artificial intelligence-related tech from virtual assistants to no-code tools to build AI apps. Netherlands-based Picnic , a mass-market home delivery platform for consumer goods, raised a $381 million venture round.
Now that Amazon has its own means of medicinal distribution, the acquisition, in a way, could push demand, since the company can now give access to providers across various markets. One Medical , based in San Francisco, provides care in nine markets and serves close to 400,000 people, but for Aoun, that’s not enough for Amazon.
Today, the company announced it is buying KetaMD to extend its telehealth prowess and in particular to expand its tech-facilitated ketamine-based treatments from its current local market of Florida into the wider U.S. The deal is worth around $6 million, the company told TechCrunch.
BeeHero has been growing fast since its debut and seed round last year, and $19M in new funding means it can scale beyond its initial markets and find more uses for its one-of-a-kind collection of data collected from thousands of active honeybee hives. But you have to be careful.
Once a user has connected with a physician, and depending on the severity of their cases, consultation is done virtually or physically. It makes it easy for users to identify physicians, facilities and/or healthcare packages based on various factors including need, location and fees — as cost is also included during listing.
The timing when we come to market in 2025 will be well-suited because Hospital at Home models will be more mature and we’ll be ready to integrate.”. As for the company’s business model, Skinner says the startup will look at licensing the technology to port manufacturers, pharmaceutical manufacturers and virtual clinic trial companies.
Embraced both by consumers and researchers, it provided early data into how Covid-19 spread and the symptoms associated with the initial infection and its lingering after-effects (Long Covid) — insights that were hard to come by virtually anywhere else. “I don’t see us dong anything in hardware.
Through partnerships with payers, Daymark’s team of nurse practitioners, nurses, social workers and others work with a patient’s oncologists and primary care providers to help deliver high-quality care both virtually and in the home. Those diagnosed with cancer need and deserve the highest level of care possible.
The largest round was a $650 million Series F for AlphaSense , an AI-enabled market intelligence tool, followed by a $500 million Series E for marketing platform Insider , and a $372 million Series D for drug development startup Formation Bio. Since last year, Big Apple companies have pulled in nearly $5.8
billion valuation for the 9-year-old company, which markets to small and medium-sized businesses. The IPO market could also deliver the biggest travel-related startup debut in years if Navan carries out plans for an offering. The investment, a Series D-1 extension, set a $1.4 Tourists are also back in a big way.
1: Teladoc-Livongo Livongo , known for its diabetes remote management platform, wasn’t exactly a startup when virtual care provider Teladoc Health purchased it in 2020 for a whopping $18.5 Teladoc, which had a market cap close to $50 billion in early 2021, is now valued at just over $3 billion by that metric.
Construction Much as we may revere the beauty of nature, most of us spend virtually all our time in the so-called “built environment.” One standout is Opna , a London-based climate financing platform that seeks to connect corporations with net-zero initiatives with carbon markets and carbon projects that seek financing.
When I land (as I do several times a month these days) at San Francisco International airport I won’t deny the occasional twinge of doubt: this place has virtually everything going for it for tech entrepreneurship. There’s perhaps no place on earth with a better concentration of capital, talent and prospective customers for what we do.
Understanding BPO and Its Market Size BPO stands for business process outsourcing. It can include accounting, data annotation, sales, marketing, human resources, call centers, recruiting, etc. The BPO market grew from $267.72 How Big Is the BPO Industry? billion in 2023 to $291.97 billion in 2024. billion by 2030.
As the #1 trusted source for risk adjustment, quality, Stars, and beyond, RISE Nashville is back for its fourteenth consecutive year as the must-attend mega-conference for professionals of all levels in the Medicare Advantage and ACA market. Pharma/Biotech: $3,295. Cost to Attend: . Standard: $3,595. Health Plans: $2,095.
virtually — when the data remains in its original formats, but the knowledge graph integrates the original datasets at the level of abstract schemas (see our article about data fabrics). In this way, pharmaceutical or biotech companies can analyze, classify, and find new potential drug targets and applications.
Investing the Venn diagram of biotech and AI : Anna explores what biotech investors are looking for in 2023. Biotech meets AI : Anna spoke to six investors to figure out why AI is more than just a buzzword in biotech. The rules of VC are changing: Here’s what founders should be considering in the new era.
Moving Analytics (Movn), a virtual at-home intervention program for high-risk cardiac patients, claims to be “the most clinically validated” cardiac rehabilitation program on the market.
The startup is not new to the AI scene — it’s a decade old — and offers an array of artificial intelligence-related tech from virtual assistants to no-code tools to build AI apps. Cour Pharmaceuticals , $105M, biotech: Chicago-based Cour Pharmaceuticals is the top biotech startup on the list this week.
Other investors felt that a broader range of industries, like fintech and biotech, would eventually produce the biggest companies in the country. Our portfolio includes some great examples such as Fiverr that has disrupted the labor market by unlocking the global talent pool, or Talkspace, which is providing access to therapy to all.
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