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CostCertified, a Canadian startup which provides real-time, interactive residential construction estimates, raised $8.45 million in a seed round of funding. FUSE, a Pacific Northwest venture firm ...
After graduating from the Y Combinator startup program in 2012, [9] Sun and Zhang looked to build their business, Debteye, a platform designed to help individuals manage their debt by making informed decisions based on their unique financial situation. [9] With no income, Sun sought a personal loan at a traditional brick-and-mortar establishment.
Y Combinator interviews and selects two batches of companies per year. The companies receive a total of $500,000 in seed money as well as advice and connections. The $500,000 in funding is made up of $125,000 on a post-money SAFE in return for 7% equity and $375,000 on an uncapped SAFE with a "most favored nation" ("MFN") provision (i.e.: "we get the same best terms you give anyone else in the ...
In 2012, Andreessen Horowitz invested in 156 companies, including the 90 companies in its portfolio, [25] and 66 startups [26] through its funding of Y Combinator's Start Fund. [27] The company invested $100 million in GitHub , which netted over $1 billion for the fund when GitHub was acquired by Microsoft for $7.5 billion.
Ever since Garry Tan came on as Y Combinator CEO last year, there have been changes. Last March, Tan cut its late-stage investing and laid off 17 investors, and he shrank the size of YC’s ...
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LendUp was co-founded in 2011 by stepbrothers Sasha Orloff and Jake Rosenberg and incubated at Y Combinator. The company positioned itself as a "socially responsible lender" and claimed to provide access to financial services for "underbanked" Americans in addition to lower cost credit and credit-building opportunities. [7]
SmartAsset raised more than $161 million across funding rounds, including $110 million in a 2021 Series D round. The round valued the company at over $1 billion, making it a unicorn . [ 13 ] Investors include Y Combinator, Focus Financial Partners , SV Angel , Brendan F. Wallace , Quotidian Ventures, IA Capital Group and others.
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