AI voice and transcription startup Verbit gets USD $250 M

Business : AI voice and transcription startup Verbit said Tuesday that it closed USD $250 million Series E at a $2 billion valuation—double its valuation in June, when it raised its Series D. The round was led by Third Point Ventures.

In other news, Pittsburgh-based startup Metafy, an online coaching platform for gamers, has acquired former competitor GamersRdy.

More Updates :

There are plenty of reasons why a startup may or may not receive funding, but the question should not be if the company is female-led or male-led, writes guest author Donna Griffit, who shares some funding round tactics of highly successful founders.

This year has seen the number of new companies valued as decacorns double already, compared to 2020, marking the highest year on record for new startups valued at $10 billion or more. We take a look at the most active investors in these highly valued private companies, of which 30 new ones have been minted as decacorns this year to date. The list leader? None other than Sequoia Capital.

After DAOs (decentralized autonomous organizations) gained more mainstream attention last week when a group organized to raise money to bid on a copy of the United States Constitution, we thought an explainer was in order.

Deal Making :

The spurt in early-stage deal-making around climate finance coincides with several broader developments boosting demand for scalable approaches to clean energy project financing, offsets and other niches.

The $1.2 trillion U.S. infrastructure bill sets aside hundreds of billions of dollars for government investment in sectors—from cybersecurity to electric cars, broadband internet to renewable energy—in which venture-backed startups are likely to play an active role. We look at where the money’s going.

Whether you’re a seasoned sales rep or a brand-new SDR, prospecting is core to becoming a star salesperson. This guide sheds light on the basics of sales prospecting, including techniques, tools and tactics that can help you find and close more deals.