At the Away store in New York, Steph Korey glides through a demonstration of a light blue suitcase—the phone charger on its strong polycarbonate shell, the small nylon bag to separate dirty clothes from clean, the mesh that separates compartments, the compression pad that keeps stuff compact... But that's all Korey really has to say about the bag by the luggage brand she co-founded last year. The minimalist luggage that's generated such buzz since it hit the market last year has no lengthy features list for sales people to rattle off.
Weed on-demand startup Eaze inhales $13M in funding to grow into new markets
The “Uber for weed” startup Eaze has grown quite a bit over the last year and it intends to expand even more. To get it there, Eaze has closed on $13 million in Series B funding from Fresh VC, Doll Capital Management (DCM) and Tusk Ventures. Eaze launched in July of 2014 to help medical marijuana patients order cannabis on demand. It soon expanded to allow people to get a medical weed card in the state of California over the phone in under 10 minutes.
"Uber for Marijuana" Startup Eaze Raises $13M, Becomes Most Funded Cannabis Startup in US
Hot investing app Acorns just snagged Airbnb to give its customers 'free money'
Pluto TV wins backing from ProSieben and Scripps Networks, Raises $30M
Pluto TV, the free internet television service, has raised new funding from investors including ProSieben of Germany and Scripps Networks Interactive as it lays the groundwork for European expansion. The company has raised $30m, valuing it at $140m — a near fivefold increase on its first round two years ago, according to people briefed on the fundraising.
Scoutible creates games that measure potential you can't get from a resume or interview. Could it level the playing field for job candidates?
Demetrius Thomas was raised by his grandmother in Killeen, Texas. With the help of financial aid, he made it into college—but not out. He lost his scholarship and got dismissed from the university after going home mid-semester to help his aunts and cousins move from their house when they were evicted in the aftermath of the death of his grandmother. "It was a huge blow," he says. He eventually moved to Austin and took up serving and bartending. He never went looking for trouble, but takes full accountability for getting mixed up in drugs. Now, two years after a mandatory rehab stint, he’s still clean and trying to turn his life around.
How-to videos are an old idea. Knowsy says it has a fresh take.
Alisa Volkman wants to teach you how to kiss, how to fold your underwear and how to look like a Kardashian. She just needs a couple minutes, max. Volkman is the CEO of Knowsy, a “micro-learning” startup that makes short how-to videos, which you should be able to see on her own site and anywhere else you can watch video. Volkman is best-known as the co-founder of Babble, the parenting site she started with her husband Rufus Griscom in 2006 and sold to Disney in 2011. She’s launching her new company with more than $2 million from investors including Greycroft, Betaworks and Elizabeth Cutler and Julie Rice, the SoulCycle founders.
This Hip, Weird Clothing Store Wants to Take Over America
ModCloth, the seller of vintage-inspired clothing and accessories, is finally growing up. Once, the hip online retailer sold almost nothing but weird, nutty fashion items for the retro girl. Now, as mainstream sellers of “normal” clothing retreat in the face of teen rejection, the company hopes to fill the breach and attract a wider set of shoppers—in part by modulating its wacky aesthetic.
Switch to start-up has surprising results for Activision employees' insurance
Gina Hope loves her job helping market games like "Call of Duty," at Activision Blizzard in Los Angeles. Her health insurance was another thing. "I have a son with special needs," Hope explained. "We don't want to be switching from provider to provider, because it's a learning process every time somebody new comes into the picture." Her child's provider was out of network and for years it has meant she spent thousands of dollars for his care out of pocket. When Activision Blizzard switched to a start-up benefits manager called Collective Health for 2016, she was skeptical. She checked was to see if her son's provider was covered. He wasn't. She mentioned it to her colleagues in Human Resources, not expecting anything to
What it's like when Alphabet's venture arm invests in your startup — and helps grow it to a $1.2 billion company
After a year of working at Google, Nat Turner and Zach Weinberg were getting restless. The duo — which came to Google in 2010 after it acquired their company, Invite Media — was ready to start thinking about their next venture, doing research on the side and angel investing in other startups to see what worked and what didn't. They had never intended to stay at Google long, something they had made clear from the beginning.
Hinge closes the door on casual dating to focus on serious relationships
Hinge, the dating app that uses Facebook to connect you with friends of friends, has today announced that it will be sunsetting its original app. In its place, Hinge will be launching an entirely new version of the app, focused on relationships. The new app, built from the ground up, will go live on October 11. Oh, and by the way, the new app will be a paid app for all users. CEO Justin McLeod said that the new Hinge, which is meant to feel more like a mobile-first Match.com or eHarmony, will be far less expensive than other paid, relationship apps, costing around the same amount as your Netflix subscription each month. That said, he didn’t give any exact details on the pricing structure.
Web Ad Tracking Startup Knotch Raises $10 Million in Series A Funding
The web measurement startup Knotch has raised $10 million in Series A funding as the company aims to help more marketers better gauge the effectiveness of digital advertising. The funding comes at an opportune time, as companies increasingly wrestle with rising doubts about how well their marketing money is being spent online. Launched in 2013, Knotch helps advertisers track the impact of digital ad campaigns. It places interactive graphical boxes at the end of articles that ask people single questions that can be answered with the click of a mouse.