Finance

  • Former Scale AI Worker Sues Over Pay and Misclassification

    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…

  • OnPay Secures $100 Million to Expand HR and Payroll Software

    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…

  • Inside the Sudden Shutdown and Swift Revival of Bench Accounting

    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…

  • AI bookkeeping startup Fondo aims to solve the accountant gap

    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…

  • Filigran Raises $35M to Expand Its Cybersecurity Threat Management Platform

    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…