Sword Health, an AI-powered virtual physical therapy startup, has raised $30 million and let employees sell $100 million worth of equity to new and existing investors, including Khosla Ventures. The round brings the nine-year-old company’s valuation to $3 billion, a 50% increase from the $2 billion...
Sanil Chawla remembers the meetings he had with countless artists in college. Those creatives were looking for one thing: sustainable economic infrastructure that could help them scale rather than drown them in paperwork, filings and tracking down receipts. Chawla thought he might have a solution and...
TikTok is the latest tech company to incorporate generative AI into its ads business, as the company announced that it’s launching a new “TikTok Symphony” AI suite for brands. The tools will help marketers write scripts, produce videos and enhance current assets. The suite includes...
If you live in the U.S., chances are you use apps like Venmo and Cash App to pay back your friends or split the bills with your roommates. Lydia is a French startup that also turned payments into a mobile consumer app and service. Now,...
More money for the generative AI boom: Y Combinator-backed developer infrastructure startup Recall.ai announced it has raised a $10 million Series A funding round, bringing its total raised to over $12 million. The startup has built infrastructure and a unified API that enables companies to access raw data...
Most of us have heard about how AI has the potential to transform businesses. But how are businesses actually using AI? From accelerating legal document review to generating content and code, New York-based leaders are harnessing AI to drive success and efficiency in their companies....
AI-powered tools like OpenAI’s Whisper have enabled many apps to make transcription an integral part of their feature set for personal note-taking, and the space has quickly flourished as a result. Apps like AudioPen, Cleft Notes, and TalkNotes have proliferated across app stores and the Internet,...
As DocuSign reportedly explores a sale to private equity, it’s acquiring a company itself. DocuSign announced that it’s buying Lexion, a contract workflow automation startup, for $165 million. The purchase comes as DocuSign makes increasing investments in the contract management space, most recently launching DocuSign IAM, a service aimed at connecting...
Airbnb’s summer release is usually a grand affair with tons of updates for guests and a few for hosts. This time, however, the company is introducing just a few updates for group booking along with a new category called “Icons,” which are experiences hosted by...
RevenueCat, a top subscription management platform for apps that monetize via in-app purchases, is now flush with new capital as it expands to the web. The company has closed on a $12 million Series C led by Adjacent, following the launch of a new product,...
