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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Using CB Insights data, we analyzed the most active venture capital firm in each state, based on unique tech investments from 2014 to 2019 YTD (1/24/19). We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms. Merus Capital. Connecticut.

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Healthcare Tech Company Truepill Raises $75M To Expand

PYMNTS

Connecticut-based healthcare and FinTech investor Oak HC/FT led the funding. Also participating were existing investors Boston-based Optum Ventures, which offers capital and strategic guidance to startups; TI Platform Management LLC., The new service is expected to expand Truepill’s direct-to-patient capabilities.

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Varo Achieves Milestone As First Consumer FinTech To Get National Charter

PYMNTS

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. The initiative was co-led by new investor Gallatin Point Capital LLC, a Connecticut private investment firm, and existing investor The Rise Fund , a global impact investment fund. million.

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On Demand Pay Finds A Home In Financial Services

PYMNTS

He pointed to advancements in technology that allow people to tap into wages as they are earned to help alleviate financial stresses. Yet, in neighboring Connecticut, the top income tax rate is 7 percent. While finances may balance at month’s end, there is often some unevenness with timing for when earnings come in and expenses go out.

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Samsung Snags Auto Parts Supplier Harman For $8B

PYMNTS

The big buy of the Connecticut-based firm instantly vaults Samsung into the world of automotive technology in a big way. The largest auto suppliers boast revenues of $20 billion or more annually, meaning they are ideally suited to the capital-intensive world of giving automobiles a technological facelift.

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Big Names Embark On Spring Hiring Sprees

PYMNTS

The retailer has announced that it will be adding more than 1,000 new employees to its technology teams this year, increasing the size of its tech department by more than a third. Discount-grocery chain Aldi has announced several hiring events across states including Michigan, Vermont, Connecticut, Virginia, New Jersey and Florida.

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The United States Of Unicorns: Every US Company Worth $1B+ In One Map

CB Insights

Palantir Technologies and WeWork , both valued at $20B, are tied for third. The three most active investors in US-based unicorns, by total number of deals to these companies, are the VC firms Sequoia Capital, Andreessen Horowitz, and Tiger Global Management. Palantir Technologies. Slack Technologies. Unity Technologies.