Finance
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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…
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Filigran Raises $35M to Expand Its Cybersecurity Threat Management Platform
Filigran, a cybersecurity startup based in Paris, has raised $35 million in a Series B funding round, led by Insight Partners and supported by previous investors Accel and Moonfire. This follows a $16 million Series…
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UK Digital End-of-Life Startup Farewill Acquired for $16.8M by Dignity
Dignity, a major U.K. funeral service provider, has acquired digital end-of-life services startup Farewill in an all-shares deal valued at £12.9 million ($16.8 million). Farewill, which was founded in 2015, offers online tools for writing…
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Lucid CEO Defends $1.75 Billion Capital Raise After Stock Plunge
Lucid CEO Peter Rawlinson clarified that Wall Street misunderstood the company’s recent $1.75 billion capital raise, a move that led to a significant drop in Lucid’s stock price last Thursday. The offering involved the sale…
