Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry. In this episode, Laura[...]
Acorns has raised $300 million in Series F funding. The investment, led by private equity firm TPG, gives the company a valuation of $1.9 billion. The fundraising comes after the company abandoned its plan to go public via a SPAC merger. Savings and investing app Acorns has raised $300 million in Series F funding in Read more...
Bain Capital, an asset manager with $155 billion in assets, has launched a $560 million dedicated cryptocurrency fund to “support the renegades and pioneers building the next generation of internet infrastructure.” According to an announcement, Bain Capital’s new fund, Bain Capital Crypto, is designed to invest in and support those building on the cryptocurrency and […]
Bain Capital Ventures’ crypto fund is designed to accelerate the growth of the crypto economy by backing firms and projects that serve users’ needs. (Read More)
The uncertainty of the pandemic led to exploding demand for estate planning and much of this demand was serviced through technology for the first time. This digital transformation allowed individuals to execute and revise wills and estate plans quickly. The newfound attention for this planning also served as a boon for charitable giving. FreeWill is a comprehensive online estate planning platform that gives people the ability to update or write their will in 20 minutes directly from their computers and all for free. The platform provides living wills with beneficiary designation as well as power of attorney, and in California, living trusts are offered as well. How is this free? The company partners with 600+ non-profits and during the process of establishing wills, users are given the option to provide small gifts (bequests, charitable distributions, and stock gifts) to these non-profits. Since launching in 2016, the company has executed over 420K wills and provided commitments exceeding $4.7B to non-profits. AlleyWatch caught up with FreeWill Co-CEO and Founder Jenny Xia Spradling to learn more about the public benefit corporation that sits at the intersection of philanthropy and utility, the company's strategic plans, and latest round of funding from investors that include Bain Capital Double Impact, ICONIQ Growth, QED Investors, Ulu, Highland, Pear, and HearstLab.
Third-party cyber risk management solutions provider VISO Trust this week announced that it has raised $11 million in Series A funding, which brings the total investment in the company to $14 million.
According to Virgin Australia CEO Jayne Hrdlicka, the airline is currently on the hunt for cabin crew, ground services workers, engineers, pilots, and corporate staff.
The new funding will accelerate the company’s vision to become the connection hub for all ecommerce tools, and the control panel from which brands can automate work.