Check out these great hidden executive job opportunities from Cruchbase:
- Vroom surges in IPO
Shares of online used car marketplace Vroom soared in first-day trading this morning, opening at around $40 each. Previously, the New York-based company priced its shares at $22 each, above the projected range, bringing in $468 million.
- Collab Capital eyes $50M fund for black founders
Atlanta-based Collab Capital is seeking to raise a $50 million fund to invest in black founders. The firm is taking a different approach than a traditional VC, seeking a profit-sharing model versus giving capital for equity.
- Insurance unicorn Lemonade files for IPO
Lemonade, which operates an AI-driven insurance platform, is the latest unicorn to file for a public offering. The New York-based company, which previously raised $480 million in venture funding, revealed in its IPO filing sharply rising revenues paired with widening losses.
- Yugabyte secures $30M to power databases
Sunnyvale, California-based Yugabyte, a developer of open source database technology, secured $30 million in an oversubscribed Series B funding round led by 8VC. The company offers two commercial products, a self-managed private database-as-a-service and a fully managed database service.
- Advekit raises $2.6M for mental health
Los Angeles-based Advekit, a startup that helps people find affordable therapists, has raised $2.6 million in a seed funding round led by Moment Ventures.
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