Boston Startup Community News & Content

Under new leader, Boston group aims for a more inclusive fintech

FinTech Sandbox’s new focus includes environmental, social and governance, or ESG, investing — three letters becoming more and more popular with the Fidelitys and State Streets of the world. But executive director Kelly Fryer wants to go beyond that, seeking out entrepreneurs who, through technology, want to make financial services more accessible to underserved populations.

Feb 11, Boston Business Journal

Inside Mendoza Ventures’ hands-on VC approach

Five years ago, Boston’s fintech scene was barely getting off the ground. Meetups were small, investors were few, and the investors who did write checks to early-stage startups often ended their involvement after that. For husband-and-wife entrepreneurial pair Adrian and Senofer Mendoza, it was a clear gap in the market. The two founded venture capital

Feb 10, BostInno

Nexthink nabs $180M Series D on $1.1B valuation

We often hear about companies working to improve the customer experience, but for IT their customers are the company’s employees. Nexthink, a late-stage startup that wants to help IT serve its internal constituents better, announced a $180 million Series D today on a healthy $1.1 billion valuation. The firm, which was founded in Lausanne, Switzerland

Feb 08, TechCrunch

Nic Carter’s Castle Island Ventures Closes $50M Investment Fund

Castle Island Ventures, the early-stage crypto fund helmed by Nic Carter and Matt Walsh, has raised $50 million for its second fund. “We believe that public blockchains are a transformative technology and will change the way that we interact with money, value transfer, trusted third parties and even the fundamental architecture of the internet itself,”

Feb 08, CoinDesk

GetWellNetwork scoops up Docent Health

Patient engagement platform GetWellNetwork announced it has acquired patient-messaging company Docent Health for an undisclosed sum. As part of the deal, GetWellNetwork will be able to offer Docent Health’s tool as a combined offering with its other services. The messaging service uses artificial intelligence to message patients about their care. Additionally, its platform is able to collect

Jan 28, MobiHealthNews

Flywire is reportedly planning an IPO at $3B valuation

Flywire Corp. is not the only tech company in Boston that is rumored to go public this year. Data market research firm PitchBook included AI company DataRobot Inc. and cybersecurity provider Cybereason Inc. in its IPO pipeline predictions.

Jan 25, Boston Business Journal

‘Move fast and save things’: TBD Angels provides a new model for angel groups

TBD Angels set out nearly a year ago with a singular, straightforward mission: bring together a group of experienced founders and operators who want to invest collaboratively, and in a diverse set of startups. It started over a pizza lunch in February 2020, where a handful of Boston-area angel investors met to discuss their investment

Jan 22, BostInno

One Way Ventures, a firm focused on immigrant founders, closes second fund

One Way Ventures, a venture capital firm that backs immigrant founders, has closed its second fund at $57.5 million. The close comes three years after One Way announced its debut fund, a $28 million investment vehicle. The new fund will allow One Way to grow their check size from $500,000 to $1 million, giving them […]

Jan 04, TechCrunch

Anna Palmer just became the first female general partner at Flybridge Capital Partners

Better late than never. So it might be said of the Boston- and New York-based seed-stage firm Flybridge Capital Partners, which is today announcing that Anna Palmer has been promoted to general partner. She is the first woman to hold the title at the 19-year-old firm. It’s a nice distinction to have and Palmer sounds […]

Dec 09, TechCrunch

Startup Buoy Health Raises Funds at Near $200 Million Valuation

(Bloomberg) — Buoy Health, a startup that makes a widely used Covid-19 symptom checker, has raised $37 million from investors including the venture arms of major insurers Cigna Holding Co., Humana Inc. and UnitedHealth Group. The Series C investment round values Buoy at just under $200 million, according to a person familiar with the matter

Nov 10, Bloomberg