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AI training-data startup AfterQuery has reportedly raised a round that valued it at $3.2 billion. This just five months after announcing its $30 million Series A at a $300 million valuation in April. That’s more than a 10x increase in less than half a year and, according to Y Combinator partner Gustaf Alströmer, the fastest…
As AI makes coding dramatically faster, the next big challenge in software development is testing and validating all that code. Blacksmith has raised a new $45 million round to capitalize on that shift. The Series B, led by Peak XV Partners, values Blacksmith at $550 million, up from the $60 million valuation it was assigned…
Y Combinator-backed insurance tech startup Corgi became embroiled in yet another controversy earlier this week when Papermark, maker of open source data room software, accused Corgi of stealing its software and passing it off as its own. Corgi denies this, telling TechCrunch, “No code was used from Papermark.” But there were reasons why people believed…
With each new season comes another YC Demo Day. On Tuesday, the Spring 2026 cohort was unveiled, filled with defense tech, robotics, AI infrastructure and developer tools, and of course, AI agents. TechCrunch spoke to eight investors to determine which ones were the hottest companies in this batch — both the ones they were watching…
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,…