How Pilot convinced Index Ventures to think long-term about margins

On a recently recorded (and soon-to-be published) episode of the Found podcast, an entrepreneur told my co-host and me that he sees a broad swath of the venture capitalists out there as money managers, more focused on short-term gains and returns than long-term revolutionary technology. Whether you agree or not, it’s hard to ignore the […]

Resistant AI scores $16.6M for its anti-fraud fintech tools

Resistant AI, which uses artificial intelligence to help financial services companies combat fraud and financial crime — selling tools to protect credit risk scoring models, payment systems, customer onboarding and more — has closed $16.6 million in Series A funding. GV (formerly Google Ventures) led the round, with participation from existing investors Index Ventures (led […]

Cord gets $17.5M to get more devs plugged into its API for real-time collaboration

Cord, a startup that offers a single API to add Slack-like collaboration features to any app, has bagged $17.5 million in Series A funding. The round — which is pegged to fund product development, including by hiring engineers, designers and product managers — was led by European VC Index. Other investors participating include NFX and […]

Index, Sequoia and Canvas investors weigh in on how to raise your first dollars

Founders seeking to raise their first round of capital may feel overwhelmed by the prospect. There is definitely plenty of capital out there, but there are also a lot of startups clamoring for it. To help new entrepreneurs figure out this dilemma, we invited three investors to speak at a panel titled, “How to Raise […]

Employee leave startup Cocoon launches after raising $20M in new funding

Employee leave benefits are a complicated web of company and government policies, and Cocoon is out to bring clarity and simplicity to both the employer and employee experience. The platform launched Wednesday across all 50 states and is designed for any type of employee leave, like parental, medical, caregiver or bereavement. It factors in all […]

Robotic AI firm Covariant raises another $80 million

In May of last year, Covariant announced that it had raised a $40 million Series B. It was a healthy sum of money for the young company, bringing its total funding up to $67 million. Just a little over a year later, the Berkeley-based AI startup is adding another $80 million to its coffers, riding […]