Zephyrnet Logo

Tag: Techs and the City

Partake Foods Raises $11.5M For its Allergy-Friendly Cookie Brand That Makes the Perfect Snack

The cookie market in the United States exceeded $11B in 2021.  Working from home fueled a growing demand for cookies as they were a...

Top News

Fora Raises $13.5M for its Tech-Enabled Travel Agency to Give Advisors the Flexibility of a Modern Economy

Some of the earliest internet startups and success stories focused on the travel industry – an industry that’s been inherently ripe for disruption.  In...

Priori Raises Another $15M for its Legal Marketplace for In-House Legal Teams

The average Fortune 500 company spends in excess of $150M in outside counsel each year. Spending for outside counsel falls into the budget for...

Hearth Display Raises $2.8M for its Family Management Solution That Blends Software and Hardware to Empower Parents

We are all using an endless array of apps to manage our professional lives.  The ability of these apps to connect with one another...

Ever/Body Raises $55.5M to Modernize the Cosmetic Dermatology Experience with Technology

According to the American Academy of Facial Plastic and Reconstructive Surgery, there’s been a 10% increase in demand for cosmetic surgery.  Cosmetics procedures like...

Ethena $30M for its Operating System for Workplace Compliance Training

We’ve seen a monumental shift to remote work that’s also had a profound impact on workplace culture.  The lack of face-to-face interactions has also...

Innerwell Raises $3M to Make Psychedelic-Assisted Psychotherapy Mainstream

There has been a resurgence in the debate about the clinical use of Psychedelic therapies or psychedelic-assisted psychotherapy (PAP).  There’s been increased legalization of...

Buywith Raises $9.5M for its Live Shopping Infrastructure Platform and Talent Marketplace

Live shopping e-commerce sales have had a meteoric surge since 2019 in China, where sales went from $62B to $300B last year. The entire...

Sealed Raises $29.5M to Make Installing Energy Efficiency Solutions a No-Brainer for Homeowners

The two primary mechanisms to improve home energy efficiency is to first target a home’s building envelope (walls, attics, windows, doors, etc.) and to...

Addition Wealth Rasies $4.2M for its Employee Financial Wellness Platform

63% of full-time employees indicate that financial stress has increased during the pandemic; 72% of employees would be attracted to another company that cares more about financial well-being than their existing employers. Keeping employees engaged and satisfied during the current intensified competition for talent is not only good business but absolutely essential. Addition Wealth is a financial wellness platform for employees to receive trusted guidance in navigating their financial circumstances. Employers, through Addition Wealth, are able to offer financial education and tailored solutions to their employees as a workplace benefit with free, unlimited access to certified financial advisers in addition to a suite of digital tools. Founded by an ex-Uber employee, the company is able to address the needs of employees that have significant equity compensation components in addition to handling more traditional financial planning like budgeting, debt management, retirement, taxes, purchase of a home, and educational planning. AlleyWatch caught up with Addition Wealth CEO and Founder Ana Mahony to learn more about how Additional Wealth is democratizing access to financial solutions for employees, the company's strategic plans, recent round of funding from investors that include Nyca Partners, Core Innovation Capital, and Financial Venture Studio.

FreeWill Raises $30M for its Online Estate Planning Platform That Also Supercharges Philanthropy

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.

Bobby Flay’s Made by Nacho Cat Food Brand Raises $14M

The entire pet food market is growing rapidly and is expected to exceed $136B by 2028 from current ~$100B levels. While much attention has been paid to providing dogs with human-grade food recently with a number of new entrants seeking to disrupt the market, the feline food market has been largely overlooked. The cat food market is more consolidated with a few key players with large market shares and little incentive for innovation or change. Made by Nacho, cofounded by celebrity chef Bobby Flay, is a chef-approved cat food brand launched last spring. The company features a wide assortment of both dry food and wet food; all recipes contain ethically sourced and sustainable proteins. Made by Nacho is available through partnerships with pet retailers as well as online through the company’s website and Amazon. A 2-lb bag of dry food retails at $13.99 with a 10-pack of wet cups running $17.89. AlleyWatch caught up with Made by Nacho CEO Tessa Gould to learn more about the inspiration for the business, the company's strategic plans, and latest round of funding from investors that include CAVU Venture Partners, New Fare Partners, and Mars’ Companion Fund.

Latest Intelligence

spot_img
spot_img