You'd be forgiven for thinking that the WeWork IPO - rather, the shelving of that IPO, at least for now - heralds the end of rich valuations for firms viewed as entrenched in the early stages of disruption. But the news this week that Stripe had raised $250 million, bringing the payments firm to a [...]
Robert Smith, the private equity billionaire and philanthropist who shocked Morehouse College at their May graduation when he pledged to pay off their student loans, followed through on his promise.
Palantir Technologies Inc is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics start-up in four years, people familiar with the matter said on Friday.
Retired Yankees slugger Alex Rodriguez's Monument Capital Management has raised the majority of a $50 million fund to buy up to about $200 million in real estate. Miami-based Monument focuses on value-add multifamily real estate in secondary markets across the country. The fund, the fourth of its kind for the firm, has closed on two properties in Illinois and Tennessee and has a third under contract in upstate New York, said Erin Knight, executive vice [...]
Ingka Group - the largest retailer within Ikea's franchise system - has confirmed that it is on track to exceed its renewable energy targets after a string of recent investments, in the same week that Google has made its biggest renewable energy purchase to date.
PASADENA, CA, Kitchen United has closed on its $40 million Series B funding round.
Today in the payments news roundup, Wells Fargo is collaborating with data platform Plaid to let customers manage their finances in one place through an application programming interface (API). Also, food delivery platform Postmates has raised $225 million at a $2.4 billion valuation. And FinTech Stripe is raising $250 million in its latest funding round. [...]
Bank Of America Corporation (nyse:bac), J P Morgan Chase & Co (nyse:jpm) - Postmates Raises $225m, Nears Initial Public Offering | Benzinga
With an imminent initial public offering, food-delivery app Postmates has raised another $225 million. This last-minute round of funding was led by GPI Capital, moving Postmate's total funding to $1 billion and its pre-valuation at $2.4 billion. read more.