• GV leads $10 million investment in Kitchen United to help restaurants expand via data-driven kitchens

    12 days ago - By Venture Beat

    Kitchen United, a fledgling startup that's setting out to help restaurants open to new markets without investing in real estate, has raised $10 million in a series A round of funding led by Alphabet's venture capital arm GV, with participation from the company's own cofounders Harry Tsao and John Miller, among other investors. Fou...
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  • Term Sheet - Monday, October 8

    Term Sheet - Monday, October 8

    13 days ago - By Fortune

    THREE THINGS Good morning, Term Sheet readers.
    NEW FUND: Forerunner Ventures , an early-stage venture capital firm focused on commerce, raised $360 million for its fourth fund. That's almost triple the size of its last $122 fund raised in 2016. The firm will continue to invest in early-stage "broadly defined," Forerunner founder Kristen Green told Fast Company. "If I were to describe the sweet spot, I would say early stage, broadly defined: Seed, A, some B. Before, with the fund a third of this size, it was harder to do," she said.
    In a matter of eight years, Green has turned Forerunner...
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  • Forerunner Ventures just closed a $360 million fund, tripling the size of its last effort

    Forerunner Ventures just closed a $360 million fund, tripling the size of its last effort

    13 days ago - By Tech Crunch

    Last year, retail e-commerce sales worldwide reached $2.3 trillion, a 24.8 percent increase over the previous year, according to eMarketer. A growing percentage of that spend was being captured by startups with strong online identities that are savvy about collecting and analyzing their customer data.
    Involved with many of them, from the eyewear company Warby Parker to the cosmetics startup Glossier to the athleisure brand Outside Voices , is Forerunner Ventures , a seven-year-old, San Francisco-based venture firm that has built its own name around expertise in e-commerce - and which sees...
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  • With a new CEO and CTO in place, proptech startup Goodlord raises further £7M

    13 days ago - By Tech Crunch

    London ‘proptech' startup Goodlord , which offers cloud-based software to help estate agents, landlords and tenants manage the rental process, has raised £7 million in Series B funding. The round is led by Finch Capital, with participation from existing investor Rocket Internet/GFC, and is roughly equal in size to Goodlord's Series A in 2017. However, it would be fair to say a lot has happened since then.
    In January, we reported that Goodlord had let go of nearly 40 employees , and that co-founder and CEO Richard White was leaving the company (we also speculated that the company's CTO had...
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  • Exclusive: The VC behind Warby Parker, Glossier, and Jet.com has raised a new $360 million fund

    13 days ago - By Fast Company

    Forerunner's Kirsten Green has raised one of the largest sums for a women-founded firm, and tells us how she plans to invest it.
    Kirsten Green, founder and managing partner of Forerunner Ventures, has been an enthusiastic supporter of the direct-to-consumer business model, making early-stage investments in eyewear purveyor Warby Parker, beauty companies Glossier and Birchbox, and luggage vendor Away, among many others. (Her prescience paid off in a big way in 2016 with blockbuster acquisitions of two of her portfolio companies: Walmart bought Jet.com for $3.3 billion, and Unilever acquired...
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