Unicorn startup gets $250M for client management software

Business : HoneyBook, a unicorn startup that helps freelancers and independent business owners manage their customers, raised $250 million in a Series E round.

The funding comes on the heels of HoneyBook’s $155 million Series D just six months ago. Crunchbase speak with CEO Oz Alon about the company’s growth and how it will spend its cash.

More Updates on Business :

AI-powered health startup Notable closed a $100 million Series B to help health care systems reduce the time and cost of lengthy administrative processes. The company, riding a ripple effect from COVID-19, says it now works with a few dozen large health care providers and has increased revenue 4x just through the first 10 months of this year compared to 2020.

Startups offering comfy, casual, socially acceptable apparel—think stretch fabrics, elastic waistbands and slip-on shoes—are having a moment. In fact, while overall apparel sales fell sharply during the pandemic, some comfort clothing categories showed double-digit growth. On the eve of the IPO of one of the most heavily funded startups riding this trend, footwear maker Allbirds, we look at the casual apparel companies that have posted big stock market gains this year.

This year has already been a record one for IPO volume. By all accounts, the final quarter of 2021 is set to continue that momentum, with anticipated Wall Street debuts from big venture-backed companies including the biggest expected offering of the year: electric-truck maker Rivian. Here’s who else is expected to go public before 2022, and what investors are looking at.

Illumigyn, a gynecological imaging startup, has raised $33 million that it plans to use to expand its platform across the globe. Yozma Group Korea and Ubicom Holdings Japan led the latest funding round for the Israel-based startup, which says its technology is about achieving better health outcomes for women.

Nuro, maker of autonomous delivery vehicles, announced a $600 million Series D funding round led by Tiger Global Management, with participation from Google and a long list of other investors. In other news, legal tech platform Everlaw closed $202 million in a Series D led by TPG Growth at a $2 billion valuation. The company’s platform helps firms with internal investigations, e-discovery and case preparation.

All startups have similar goals; develop an innovative product, find your market fit, and exit through an acquisition or IPO. Yet, achieving those goals is easier said than done. Yancey Spruill, CEO of DigitalOcean, shares a few tips that every founder should know when building a high-growth startup.

Two smaller countries punch well above their weight class when it comes to venture capital investment per capita, Crunchbase data shows. Our survey looks at a sample set of 24 countries that pulled in more than $1 billion in VC investment in the past 12 months.

All startups have similar goals; develop an innovative product, find your market fit, and exit through an acquisition or IPO. Yet, achieving those goals is easier said than done. Yancey Spruill, CEO of DigitalOcean, shares a few tips that every founder should know when building a high-growth startup.