Boston Startup Community News & Content

‘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

Quantopian shuts down as its co-founders head elsewhere

Quantopian, once one of the most heralded financial services technology startups in Boston, will soon cease operations, with its co-founders and some employees joining Silicon Valley-based financial app maker Robinhood Markets Inc. Quantopian announced late last month that effective Nov. 14, it would shut down its community platform on which amateur investors could create investment

Nov 10, Boston Business Journal

Web inventor Tim Berners-Lee’s Solid data-privacy project enters the real world

Major British institutions such as the BBC and the National Health Service (NHS) are among the early adopters of Solid, a decentralized-data project that is being spearheaded by web inventor Tim Berners-Lee and that announced its first version for companies and organizations on Monday. Solid is intended to “evolve the web in order to restore

Nov 09, Fortune

3 tips for SaaS founders hoping to join the $1 million ARR club

Building a SaaS company from the ground up is never easy. In fact, it’s generally a grueling, all-consuming process that strains every fiber in your being. But it is much, much more difficult if you approach it without a tried and true process. After starting and scaling five successful companies, I can tell you that there

Nov 05, David Cancel, via TechCrunch

Sports-focused Will Ventures weighs in with $55M first-time VC fund

Venture capitalists in the pandemic economy could be forgiven for asking, “What slowdown?” In the face of dislocation caused by the coronavirus, VC firms still are amassing formidable war chests across the US industry as limited partners show their continuing faith in the venture market. After peaking in 2018, total VC fundraising this year already

Sep 30, PitchBook

Cybersecurity vendor to hire staff, Boston senior exec after raising $30M

A European cybersecurity vendor that opened a Boston office in 2018 is planning to expand in the U.S. after raising its largest round of funding yet. LogPoint Inc., which has a total of 190 employees, closed $30 million in funding last Friday. New investor Digital+ Partners led the Series B round, announced on Wednesday. To

Sep 30, Boston Business Journal

iRobot cofounder Helen Greiner named CEO of robotic gardening startup, Tertill

Boston-based robotic gardening startup Tertill this morning announced that it has appointed Helen Greiner as CEO and Chairman. The executive is best known for cofounding iRobot in 1990 along with fellow MIT Artificial Intelligence Lab members Rodney Brooks and Colin Angle (the company’s longtime CEO).

Sep 29, TechCrunch