Gumloop lands $50M from Benchmark to turn every employee into an AI agent builder
Benchmark’s new patner Everett Randell, sees enterprise automation as the largest opportunity in AI.
Founders Fund nears $6B close for latest growth fund, sources say
The fresh fundraise comes less than a year after Founders Fund closed its third growth fund, a $4.6 billion vehicle intended primarily for follow-on investments in its successful late-stage companies.
Robinhood’s startup fund stumbles in NYSE debut
The fund currently offers retail investors exposure to eight startups, including Mercor, Ramp, and Stripe, with plans to expand its portfolio.
DiligenceSquared uses AI, voice agents to make M&A research affordable
The startup, which just raised $5 million, is founded by an ex-Blackstone principal and a former BCG consultant.
Decagon completes first tender offer at $4.5B valuation
The AI-powered customer support startup is the latest example of a fast-growing, young company that’s providing employee liquidity.
Why AI startups are selling the same equity at two different prices
Some AI founders are using a novel valuation mechanism to manufacture unicorn status.
Cursor has reportedly surpassed $2B in annualized revenue
The four-year-old startup saw its revenue run rate double over the past three months, according to one Bloomberg source.
Geopolitical drama reportedly stalls IPO of SoftBank-backed PayPay
The Japan-based company reportedly aimed for a public valuation of at least ¥1.5 trillion ($10 billion).
Plaid valued at $8B in employee share sale
The new valuation is a 31% increase from $6.1 billion Plaid reached in April.
Khosla’s Keith Rabois backs Comp, which wants to bolster HR teams with AI
The HR tech startup, which currently operates in Brazil, has raised a $17.25 million Series A.