article thumbnail

Getaround Car Sharing Platform Raises $200M At $1.7B Valuation

PYMNTS

Founded in 2009, the San Francisco-based company has already received more than $400 million in total venture capital funding from investors including GV, Madrona Venture Group and actor Ashton Kutcher.

article thumbnail

Bitcoin Daily: Bitcoin Mining Startup Lands $50M From Big-Name VCs; Bitcoin Transaction Fees Have Now Exceeded $1B

PYMNTS

San Francisco-based Layer1 announced that it has raised $50 million from investors including Peter Thiel, Shasta Ventures, and various crypto industry leaders. The company will use the funding to build a bitcoin mining operation, which it claims to be the first bitcoin mining company in the U.S. “at

Bitcoin 116
Insiders

Sign Up for our Newsletter

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

article thumbnail

Tempo And The Home Fitness Gold Rush

PYMNTS

The San Francisco company just raised $60 million in venture funding that the firm plans to use to boost production to meet surging demand as consumer fitness relocates from gyms to people’s living rooms. Those that have done so are often operating by appointment only, or with restrictions on what equipment can be used.

Exercises 157
article thumbnail

Digit Launches New Savings Bot

PYMNTS

The San Francisco-based company said this will allow users to communicate with the company in a space they are already spending a lot of time. To date, the Digit app — operating on SMS and mobile — has saved users more than $350 million.

article thumbnail

Even with Fair’s Job Cuts, Car-Sharing Keeps Racing Forward

PYMNTS

Founded in 2009, the San Francisco-based company has already received more than $400 million in total venture capital funding from investors including GV, Madrona Venture Group and actor Ashton Kutcher. In September, for instance, car sharing marketplace Getaround reportedly said it was looking to raise up to $201.5

article thumbnail

Even With Fair’s Job Cuts, Car-Sharing Keeps Racing Forward

PYMNTS

Founded in 2009, the San Francisco-based company has already received more than $400 million in total venture capital funding from investors including GV, Madrona Venture Group and actor Ashton Kutcher. In September, for instance, car-sharing marketplace Getaround reportedly said it was looking to raise up to $201.5

article thumbnail

As Sharing Services Face Backlash, Payments Takes A Bigger Role

PYMNTS

Those controversies have notably played out in San Francisco , though other cities, including Chicago and Los Angeles, are going through them at their own pace. And investors are still pouring capital into companies operating in the sector.