Boston Startup Community News & Content

At just over a year old, Wellesley-based Scripta Insights, a health tech startup that exists to lower the cost of pharmacy benefits, sees a real market opportunity amid coronavirus. The startup’s flagship software is a tool called Script.AI, which uses artificial intelligence to identify where companies are overpaying for their employees’ pharmaceutical benefits. Scripta Insights

Founder Collective, a seed-stage fund formed 11 years ago in Cambridge, Ma., has closed its newest fund with $85 million. Earlier today, we talked with the firm’s general partners — Eric Paley, David Frankel, Micah Rosenbloom — to learn more about it. Among our first questions: whether the three are themselves the largest investors in

As Boston-area universities take their classes, incubator programs and even graduation ceremonies virtual, Babson College has launched “Summer Catalyst,” a 10-week virtual accelerator designed to replace the school’s renowned Summer Venture Program. The new accelerator is structured similarly to the Summer Venture Program: It includes elements like Hot Seat, office hours and dedicated advisors but

Venture capital firms in Massachusetts have billions of bucks in their bank accounts. In just the past month, two local firms, General Catalyst Partners and Flagship Pioneering, announced that they had collected an additional $3.4 billion in fresh capital, which they plan to use to back fast-growing companies. Could VC firms like these be players

For Bill Aulet, managing director of MIT’s Martin Trust Center for Entrepreneurship, it’s time to do as Biggie Smalls said and “turn a negative into a positive.” Aulet is a preacher of what he calls anti-fragility, the notion that business going forward will focus not on the nuances of managerial techniques—although those will still be

For companies backed by venture capital and private equity, the pandemic has proven to be a particularly tough time to raise cash — even as many firms need a quick infusion of funds more than ever. Investors have considered as an option the federal Paycheck Protection Program, the newly created small business assistance fund that