Pi Day wasn’t pleasant for a lot of tech execs

Pi Day is apparently New Job day for tech execs and VCs these days. Leaving: Lee Fixel It’s not every day that one of the top VC investors heads out from their shop. TechCrunch’s @cookie aka Connie Loizos has the story: Lee Fixel, the low-flying head of Tiger Global’s private equity business, is leaving at […]

View More Pi Day wasn’t pleasant for a lot of tech execs

Tiger Global and Ant Financial lead $500M investment in China’s shared housing startup Danke

A Chinese startup that’s taking a dorm-like approach to urban housing just raised $500 million as its valuation jumped over $2 billion. Danke Apartment, whose name means “eggshell” in Chinese, closed the Series C round led by returning investor Tiger Global Management and newcomer Ant Financial, Alibaba’s e-payment and financial affiliate controlled by Jack Ma. […]

View More Tiger Global and Ant Financial lead $500M investment in China’s shared housing startup Danke

Why can’t we build anything? (Part 2)

One of the major themes we are working on these days at the Extra Crunch Daily is trying to understand why America and many other Western nations can’t seem to build infrastructure anymore. The answers are complicated but critical: our infrastructure is decrepit, climate change is intensifying, and population growth will put even more strain […]

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As shared kitchens heat up, a China-based startup, Panda Selected, nabs $50 million led by Tiger Global

A few weeks ago, we told you that former Uber CEO Travis Kalanick looks to be partnering with the former COO of the bike-sharing startup Ofo, Yanqi Zhang, to bring his new L.A.-based company, CloudKitchens, to China. Kalanick didn’t respond to our request for more information, but according to the South China Morning Post (SCMP), his […]

View More As shared kitchens heat up, a China-based startup, Panda Selected, nabs $50 million led by Tiger Global

Tiger Global just invested $18 million in Olo, a low-flying ordering platform for more than 50,000 fast-casual restaurants

Few outside of the food service industry know about Olo a 13.5-year-old, New York-based mobile and online ordering platform for 250 restaurant chains, from Applebee’s to Cheesecake Factory, Chipotle to Denny’s, and Jamba Juice to Chili’s. Tiger Global has been tracking the company’s growth, however. In fact, in a new secondary transaction, Tiger just snapped […]

View More Tiger Global just invested $18 million in Olo, a low-flying ordering platform for more than 50,000 fast-casual restaurants

Construction management software developer Procore raises $75 million at a $3 billion valuation

Procore Technologies, a provider of software to manage construction projects, is now worth $3 billion thanks to a new $75 million round of funding led by Tiger Global Management. The new funding shows just how completely software has eaten the world. Once considered an industry that was too analog to ever reap the benefits of […]

View More Construction management software developer Procore raises $75 million at a $3 billion valuation

Insurance startup Bright Health raises $200M at ~$950M valuation

Bright Health, another startup seeking to disrupt an antiquated industry, has raised $440 million since 2016.

View More Insurance startup Bright Health raises $200M at ~$950M valuation

Looks like Tiger Global Management just closed the second biggest venture fund this year

As we noted six months ago, Tiger Global Management, the 17-year-old investment group, is starting to see a whole lot of its venture-related startup investments pay off. We also guessed that because of those wins, the outfit was likely lining up commitments for a new mega fund. It was a safe bet. According to a […]

View More Looks like Tiger Global Management just closed the second biggest venture fund this year

Juul, the popular e-cig startup under growing FDA scrutiny, says removing flavors is ‘on the table’ among other things

Juul has been on an incredible, and in some ways, nightmarish, ride this year. The three-year-old, San Francisco-based company has handily won 75 percent of the e-cigarette market in the U.S., thanks in large part to the sleek design of its nicotine vaporizer. It is reportedly on track to see at least $1 billion in […]

View More Juul, the popular e-cig startup under growing FDA scrutiny, says removing flavors is ‘on the table’ among other things

Postmates raises another $300M, reportedly valued at $1.2B

On-demand delivery service Postmates announced this morning that it has raised $300 million in additional funding led by Tiger Global Management. While the company’s press release doesn’t mention this, Fortune reports that the deal valued Postmates at $1.2 billion. Tiger’s Scott Schleifer is joining the board of directors. Postmates does say that it’s completing “millions” […]

View More Postmates raises another $300M, reportedly valued at $1.2B