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11 Lessons From Startup Chapter 11s

CB Insights

As the company’s war chest dwindled toward the end of 2018, it could not secure extra capital to continue financing operation — largely because investors had tired on the structural and competitive problems outlined above. Magazine, and the company picked up $40M in VC capital from Index Ventures.

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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

HQ: Nashville, Tennessee. Income tax preparation app. Tags: Consumer, tax prep. Source: Finovate. i3 Verticals. Payment processing. Latest round: $10 million. Total raised: $10 million. Source: FT Partners. 401(k) platform. Latest round: $9.5 million Series A. Total raised: $12.84 Latest round: $8 million Series A. FundedByMe.

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