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Parker, a well-funded startup offering corporate credit cards and banking services for e-commerce businesses, has filed for bankruptcy and is widely reported to have shut down. The startup was part of Y Combinator’s winter 2019 cohort, and its Series A was led by Valar Ventures. Parker came out of stealth in 2023, touting a corporate…
Business insurance startup Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the startup at $1.3 billion, the startup’s co-founder Nico Laqua said on LinkedIn. This comes just four months after the company announced a $108 million Series A. The company has now raised $268 million in funding to date, Laqua…
Skio, a 2020 Y Combinator alum that was founded by self-described college dropout Kennan Frost, has been acquired by competitor Recharge, the companies announced on Thursday. Both Skio and Recharge make products that handle subscription payments for brands. While the official press release did not disclose the terms of the deal, Frost (who had previously…
Sierra, the customer service agent startup founded by Bret Taylor, announced on Thursday that it has acquired the YC-backed French startup Fragment, which helps businesses integrate AI into workflows. This is Sierra’s third public acquisition. It previously bought Japan-based enterprise AI solutions company Opera Tech (which it acquired in late March) and voice agent company…
The controversy around Delve appears to have cost the compliance startup its relationship with accelerator Y Combinator. Delve is no longer listed among YC’s directory of portfolio companies, and the Delve page seems to have been removed from the YC website. In addition, the startup’s COO Selin Kocalar posted on X that “YC and Delve…
Y Combinator’s famed CEO Garry Tan told a SXSW audience that he’s got “cyber psychosis” and is barely sleeping because he’s so excited to be working with AI agents. “I sleep, like, four hours a night right now,” he told his interviewer, fellow VC Bill Gurley, during an onstage interview Saturday. “I have cyber psychosis,…
One of the most common use cases to have come out of new-age AI models is to power natural language search and find files and other information quicker and faster. There are already several companies that allow you to connect different services to search through data. Now, a startup called Poly is launching a service…
One of the most effective use cases to have emerged from modern AI models is their ability to understand the human voice better, which has led to more accurate dictation tools. One such Mac tool, Willow, is launching an iOS app to let users type with their voice across all apps. Similar to Wispr Flow,…
Adam, one of the most viral startups in Y Combinator’s Winter 2025 batch, has raised a $4.1 million seed round to power its next steps, TechCrunch learned exclusively. After generating over 10 million social media impressions with the launch of its text-to-3D model app, the AI startup had its pick of investors. “We were getting…
Y Combinator-alum Rulebase is betting that the next wave of automation in financial services won’t be about flashy AI interfaces, but the unglamorous back-office tasks like compliance. The startup, founded by Gideon Ebose and Chidi Williams, two Nigerian engineers who met in London, just raised a $2.1 million pre-seed round led by Bowery Capital, with…