Hey, and welcome again to Equity, the podcast concerning the enterprise of startups, the place we unpack the numbers and nuance behind the headlines.
Welcome to our Wednesday present, by which we discuss by way of the week’s main startup and enterprise capital information. At present we now have an absolute pile of fabric, so let’s get to work:
- Bret Taylor’s new startup is popping heads: Recognized for his work at Fb, Salesforce and OpenAI, Taylor’s new startup Sierra is constructing conversational AI brokers. It has raised a mountain of capital to this point, which it’d want on condition that it’s not alone in its area of interest.
- FlowFi’s counter-cultural resolution: FlowFi is constructing software program to assist startups maintain their books extra intelligently. Nevertheless it’s not going to try to change human inputs into monetary work. As a substitute, it’s pairing its software program with a labor market in order that startups can mix human and pc intelligence. If this implies extra GAAP accounting for startups, we’re right here for it.
- Daring and Antithesis snag new capital: Daring raised $50 million for its Latin American fintech enterprise, in excellent news for the sector and area that when went collectively like peanut butter and honey. In the meantime Antithesis raised $47 million for its software program testing service.
- Homebrew up, Foundry out: Homebrew is placing collectively an attention-grabbing new $50 million fund, whereas Foundry has introduced that after its present, $500 million fund, it’s out of the sport.
We additionally talked mushrooms — it’s PG-13, I promise — and Earlybird Well being’s newest fund.
For episode transcripts and extra, head to Equity’s Simplecast website.
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