The Corporate Unification Imperative: How Europe’s Fragmentation Stifles Startup Success
The Delaware Blueprint: A Century of Corporate Dominance In 1913, Delaware executed what would become one of the most consequential…
Category: Startups
Blockchain Banking Breakthrough: How Telcoin’s $25M Funding Paves Way for Regulated Digital Finance
Fintech Firm Secures Major Backing for Digital Asset Banking Initiative In a significant development for the blockchain financial services sector,…
Builder.ai’s Financial Probe Widens as Former CFO Faces Grand Jury Scrutiny
Note: Featured image is for illustrative purposes only and does not represent any specific product, service, or entity mentioned in…
AI-Powered 401(k) Platform Aboon Secures $17.5M Seed Funding to Transform Small Business Retirement Planning
In a significant move that underscores the growing intersection of artificial intelligence and financial services, Aboon has secured $17.5 million…
Coinbase launches Coinbase Business, a stablecoin payment platform to let businesses send and receive USDC; Coinbase shares USDC yield revenue 50/50 with Circle
TITLE: Apple’s AI Ambitions Face Internal Exodus as Acquisition Speculation Intensifies As Apple confronts a significant brain drain within its…
Global Payroll Provider Deel Secures $300 Million, Valuation Soars to $17.3 Billion Amid Expansion Drive
Payroll and HR startup Deel has raised $300 million in a new funding round, according to reports, boosting its valuation to $17.3 billion. The company reportedly plans to use the capital for global infrastructure expansion and acquisitions, aiming to offer native payroll in over 100 countries by 2029.
Funding Round and Valuation Milestone
Payroll startup Deel has reportedly raised $300 million in a Series E funding round, according to Reuters, valuing the company at $17.3 billion. Sources indicate the round was led by new investor Ribbit Capital, with participation from existing backers including Andreessen Horowitz and Coatue Management. This represents a significant increase from the company’s previous valuation of $12.6 billion earlier this year.
Tech Investor Ron Conway Exits Salesforce Foundation Board Over Political Rift with Marc Benioff
Silicon Valley pioneer Ron Conway has dramatically resigned from the Salesforce Foundation board following CEO Marc Benioff’s controversial endorsement of…