Instacart Bags $265 Million in Consumers Love Affair With Online Grocery

Delivery platform Instacart has raised $265 million in a Series I funding round led by investors Andreessen Horowitz, Sequoia Capital, D1 Capital Partners, Fidelity Management & Research Company LLC and T. Rowe Price Associates. The capital more than doubles Instacart’s valuation to $39 billion. Top line Instacart said it plans to use the new capital…

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Stripe hits $95B valuation, is now Silicon Valley’s most precious private company

Online payment platform Stripe became Silicon Valley’s most valuable private company with its latest funding round. The company announced on Sunday that it has raised $600 million from Allianz X, Axa, Baillie Gifford, Fidelity Management & Research Company, Sequoia Capital, and Ireland’s National Treasury Management Agency (NTMA), taking its valuation to a gargantuan $95 billion.  As the Financial Times noted, the 11-year-old company has surpassed the valuation of Facebook and Uber before they went public. In relation to other private startups, Stripe leads trading platform Robinhood, which is currently valued at $11.7 billion, by a massive margin. Stripe raised a round… This story continues at The Next Web

Clubhouse Closes Its Series C Funding

Clubhouse just announced it has closed its Series C funding. The round was led by the venture capital firm Andreessen Horowitz with new investors Tiger Global and DST Global joining the round. Co-founder and CEO Paul Davidson confirmed the news in Sunday’s town hall with users, but did not immediately disclose the financials behind the…


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