Eigen nabs $37M to help banks and others parse huge documents using natural language and ‘small data’

Eigen nabs $37M to help banks and others parse huge documents using natural language and ‘small data’

One of the bigger trends in enterprise software has been the emergence of startups building tools to make the benefits of artificial intelligence technology more accessible to non-tech companies. Today, one that has built a platform to apply power of machine learning and natural language processing to massive documents of Read more…

Social network for motherhood Peanut raises $5M, expands to include women trying to conceive

Social network for motherhood Peanut raises $5M, expands to include women trying to conceive

Peanut, an app that began its life as a match-maker for finding new mom friends but has since evolved into a social network of more than a million women, announced today it has closed on $5 million in new funding and is expanding its focus to reach women who are Read more…

JetPack Aviation raises $2M to build the prototype of its flying motorcycle

JetPack Aviation raises $2M to build the prototype of its flying motorcycle

Flying cars are fine – but why use a car when you can have a motorcycle instead? YC-backed startup JetPack Aviation wants to answer that question with the world’s first flying motorcycle, a personal aircraft dubbed ‘The Speeder,’ a name that Star Wars fans will surely appreciate. Now, JetPack has Read more…

Lawyers hate timekeeping. Ping raises $13M to fix it with AI

Lawyers hate timekeeping. Ping raises $13M to fix it with AI

Counting billable time in six minute increments is the most annoying part of being a lawyer. It’s a distracting waste. It leads law firms to conservatively under-bill. And it leaves lawyers stuck manually filling out timesheets after a long day when they want to go home to their families. Life Read more…

OLX Group invests up to $400M in used car marketplace Frontier Car Group at $700M valuation

OLX Group invests up to $400M in used car marketplace Frontier Car Group at $700M valuation

Frontier Car Group, the Berlin-based startup building used-car marketplaces targeting high-growth, emerging markets, has picked up another significant round of funding from a strategic backer also focusing on the same geographical opportunity. Today, OLX, the online classifieds division Prosus (the digital division of Naspers that listed earlier this year in Read more…

Alpaca nabs $6M for stocks API so anyone can build a Robinhood

Alpaca nabs $6M for stocks API so anyone can build a Robinhood

Stock trading app Robinhood is valued at $7.6 billion, but it only operates in the US. Freshly-funded fintech startup Alpaca does the dirty work so developers worldwide can launch their own competitors to that investing unicorn. Like the Stripe of stocks, Alpaca’s API handles the banking, security, and regulatory complexity, Read more…

African logistics startup Lori Systems raises Series A led by Chinese investors

African logistics startup Lori Systems raises Series A led by Chinese investors

African on-demand trucking logistics company Lori Systems has raised a Series A round led by Chinese investors Hillhouse Capital and Crystal Stream Capital. Other participating investors included Nigeria and U.S. based EchoVC, Flexport CEO Ryan Peterson, and Nigerian founder Iyinoluwa Aboyeji. Lori Systems is not disclosing the amount of the Read more…

Nightfall emerges from stealth with $20M for a cloud-native data loss prevention platform

Nightfall emerges from stealth with $20M for a cloud-native data loss prevention platform

Sensitive data leakage is one of the biggest negative side-effects of cloud-based apps and services. Today, a startup that has built an AI-based platform that can detect and take action on that data is coming out of stealth with funding to tackle the issue head-on. Nightfall — which integrates with Read more…

Coveo raises $227M at $1B+ valuation for AI-based enterprise search and personalization

Coveo raises $227M at $1B+ valuation for AI-based enterprise search and personalization

Search and personalization services continue to be a major area of investment among enterprises, both to make their products and services more discoverable (and used) by customers, and to help their own workers get their jobs done, with the market estimated to be worth some $100 billion annually. Today, one Read more…