Finance
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Overhaul Secures $55M to Enhance Supply Chain Security for Big Brands
Overhaul, a platform dedicated to enhancing supply chain security and visibility, has raised $55 million in a funding round led by Springcoast Partners, with contributions from Edison Partners and Americo. The fresh capital brings the…
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Former Scale AI Worker Sues Over Pay and Misclassification
Scale AI, valued at $13.8 billion, faces growing legal scrutiny over its labor practices. The company, which relies on contractors to perform tasks like image labeling and rating large language model (LLM) responses, has been…
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OnPay Secures $100 Million to Expand HR and Payroll Software
Jesse Burgess, the founder of OnPay, drew inspiration for the startup from his family’s payroll business. Back in 2007, while working in the family firm, he identified inefficiencies caused by repetitive tasks that slowed down…
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Inside the Sudden Shutdown and Swift Revival of Bench Accounting
The abrupt closure of Canadian accounting startup Bench caused chaos for thousands of small business owners and employees, leaving many scrambling during a critical tax preparation period. However, just days after the shutdown, a last-minute…
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AI bookkeeping startup Fondo aims to solve the accountant gap
Entrepreneurship in the U.S. is thriving, with an average of 430,000 new business applications submitted each month in 2024—a 50% increase from 2019. However, the rising number of startups faces a significant challenge: a dwindling…