Hired, the jobs marketplace for techies that was formerly known as DeveloperAuction, has raised a fresh $40 million funding led by Lumia Capital. This takes the startup’s funding past the $70 million mark. Founded out of San Francisco in 2012, Hired takes a slightly different approach to recruitment: Individuals don’t apply to be hired by companies — companies apply to hire them. In effect, employers can access a curated candidate pool, while also seeing competing bids so they have the opportunity to improve their offer before the candidate makes a final decision
Call9 Raises $10M Series A Led by Index Ventures
Call9, a nine-month-old, Palo Alto, Ca.-based telemedicine startup that came together last spring as a Y Combinator company, has raised $10 million in Series A funding led by Index Ventures, whose cofounder, Neil Rimer, is joining the company’s board. Other investors in the round include Ali Rowghani, who leads the Y Combinator Continuity Fund; Joe Lonsdale, the VC and co-founder of Palantir Technologies; and Anne Wojcicki, co-founder of 23andMe.
Roche Leads a $175 Million Investment in Flatiron Health
Even with some recent wobbles in the start-up world, big sums are continuing to roll into technology start-ups. Just a few days into 2016, Flatiron Health, a start-up that gathers and analyzes data on cancer treatments and sells software based on those insights, said it had raised $175 million in a funding round led by the pharmaceutical giant Roche. Flatiron declined to disclose its valuation. As part of the deal, Flatiron gets more than money. Roche will buy several of Flatiron’s software products, which are based on subscriptions, in a move that is set to expand the start-up’s stream of recurring revenue and better position it for a future initial public offering. The partnership between the two companies is nonexclusive, and Flatiron can continue to work with other pharmaceutical
Forbes 30 Under 30 2016 - Enterprise Tech: Brian Rowen, Venture Partner at Great Oaks
Bellhops Picks Up $13.5M from Canaan for Moving Services
Bellhops Inc. has raised $13.5 million in Series B funding for its on-demand moving services, Lora Kolodny reports for Dow Jones VentureWire. The company’s service connects people who need moving services–including packing, organizing a new home, loading or unloading, and assembling furniture–with college students who work as independent contractors. The company doesn’t offer services to transport its customers’ belongings. Canaan Partners led the round that included Lowercase Capital, Bullet Time Capital and Binary Capital.
Goldman Sachs is one of the Biggest Startup Backers on Wall Street
Goldman recently led a round for Shift, which is disrupting the clunky online auto-sales marketplace. Lately, plenty of capital has been flowing into the online auto-sales arena for several reasons. One reason is that the space is ripe for disruption, in part owed to the difficulty of getting all the way through a car purchase.
Mino Games’ Mino Monsters 2 Generates $1.7M in its First Month
These are some monster-size revenues for a small mobile game company. Mino Games revealed to GamesBeat that its free-to-play mobile release Mino Monsters 2 is already generating $1.7 million a month in revenue. It came out for iOS and Android on October 8. This makes it a hit in a mobile market worth an estimated $30 billion this year, according to the researchers at Newzoo. And it shows that you don’t have to have a monster company with a monster-size user-acquisition budget in order to succeed in mobile games.
TinyRx Gets $5 Million In Seed To Take On PillPack And Other Prescription Delivery Services With Coupons
A number of investors, including Joe Lonsdale’s new fund 8 Partners, Google Ventures and StartX have added $5 million in initial funding to prescription delivery startup TinyRx. Several early employees from well-known startups such as Google and Airbnb also hopped into the round. TinyRx plans to use the money to build out the business and take on bigger chain pharmacies such as Walgreens and CVS. However, it’s not without competition in this endeavor. Other startups such as PillPack and Zipdrug aim to do the same thing. Zipdrug is just in New York City for now. Not much competition for TinyRx, which only covers the Bay Area at the moment. However, PillPack will mail your prescription to you in all 50 states now. TinyRx differentiates itself here by finding the best price on medications and then hand-delivering your meds instead of mailing them to you like PillPack does. It also works with the pharmacy, whereas PillPack is the pharmacy.
Touch Of Modern Hits $100M ARR As It Records Its Millionth Order
Touch of Modern, an e-commerce service aimed at men, passed the $100 million annual recurring revenue mark (ARR) in October, the company told TechCrunch in an interview at its SOMA offices. It also processed its millionth order in September. The company has an interesting history. It pivoted several times before becoming its current incarnation in May of 2012. At the Time, TechCrunch’s Ingrid Lunden asked in a headline: “Third Pivot’s The Charm?”
Cleanify Raises $1.8M To Connect Customers With Independent Cleaning Services
Cleaning startup Cleanify has raised $1.8 million in seed funding. That might not seem like much money when compared to the $50 million round that Handy just raised, or the nearly $40 million that Homejoy raised before shutting down. However, the Cleanify model is a bit different. Instead of offering its own on-demand cleaning services, Cleanify aggregates the listings of existing cleaners. When we wrote about the startup in January, we described it as Expedia for the cleaning industry — consumers get to browse ratings and compare prices, while cleaners get to reach new customers and also use new tools for managing their relationship with existing clients.
Pluto TV Brings Its Streaming Video App To Apple TV With Improved Look, More Licensed Content
Pluto TV, a video streaming service targeting cord cutters, has differentiated itself from other over-the-top competitors like Netflix by offering a more TV-like experience with over 100 “channels” you flip through in an interface that looks similar to a traditional TV guide. Now the company is bringing its lean-back video-viewing platform to Apple TV, with plans for Roku right around the corner. The new app also features an updated look-and-feel to better highlight its channels, including a number of channels offering newly licensed content Pluto TV has been adding to its service over the past few months.
Schoology Cloud-Based Education Platform Lands $32 Million Series D
Schoology, the learning management system that focuses on cloud collaboration, has today announced the close of a $32 million Series D financing led by JMI Equity, with participation from existing investors including FirstMark Capital, Intel Capital and Great Road Holdings. Schoology was founded back in 2009 and has pressed through the education sector’s slow pace of innovation to bring a product to market that can truly help students and teachers. Here’s how it works: