article thumbnail

52 Boston Startups Net $1.5 Billion+ In May

PYMNTS

Boston’s biotech industry raised more than $1.5 billion in venture capital funding in May, BostInno reported. BostInno reported that fundraising for new investments by venture capital and private equity firms was less but still evident. Below are the startups that raised capital in May, according to data compiled by BostInno.

Boston 151
article thumbnail

Boston Telemedicine Company Amwell Prices IPO

PYMNTS

Amwell , the Boston-based telemedicine company, is planning to go public as the demand for virtual healthcare offerings skyrockets amid the coronavirus pandemic. Amwell reported the cash will be used for working capital, to boost research and development and expand its sales team. Ryan Krause , vice president at Epic Systems Corp.,

Boston 159
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Amazon Announces HQ2 – On Mars

PYMNTS

In fact, according to Jeff Bezos, Amazon HQ2 will be the first building to be constructed in Alexalopolis which Amazon’s CEO explained to assembled reporters this morning, will someday be the capital city of Mars itself. Boston residents shrugged and collectively muttered something about being cursed.

Cleveland 157
article thumbnail

True Fit Gets $25 Million Investment So Your Shoes Can Fit You Better

PYMNTS

True Fit , the Boston-based startup that helps connect customers with shoes and apparel that fits them really, really well, recently announced a $25 million investment from Intel Capital that it will use to expand its business, according to a report from TechCrunch.

Boston 100
article thumbnail

Human Capital: Keep Financial Makes it Easy for SMBs to Offer Vesting Cash Bonuses

Fintech Labs Insights

The Boston-based company launched at Finovate Spring a few weeks ago ( see demo video below ). HQ: Boston. Enter Keep Financial the latest brainchild of Kabbage founder Rob Frohwein and Kathryn Petralia, along with new co-founder Troy Deus. Not surprisingly, the company won Best of Show at Finovate. Founded: 2022.

Boston 15
article thumbnail

10 Early-Stage eSports Startups To Watch

CB Insights

We used the CB Insights platform to surface 10 notable, early-stage eSports startups developing technologies related to competitive gaming facilitated by electronic systems, particularly video games played on computers or consoles by professional gamers (though many do it as a hobby or pastime). Headquarters: Boston, Massachusetts.

article thumbnail

‘Google Checking,’ T-Mobile Data Breach Top This Week’s News

PYMNTS

Chris Douvos of investment firm Ahoy Capital told The Wall Street Journal , “We’ve been in the middle of a rollicking party that’s gone on for five years and someone has snapped on the light switch.” Rowe Price and Discovery Capital. Paytm , India’s mobile payments startup, said on Monday (Nov. Other investors include T.

Google 129