Gig Wage has raised $8.25M to enhance its platform amidst rebuilding from the Synapse/Evolve Bank setback. Founder Craig J. Lewis unveils "Gig Wage 2.0," offering new tools like contractor payment wallets and health benefits. With fresh funding from Discover and Motley Fool Ventures, Gig Wage aims to revolutionize payroll for gig workers, empowering businesses to attract and retain top freelancer talent.
Continue ReadingWith entrepreneurship booming in the U.S., the growing demand for accounting services is clashing with a looming CPA shortage. Portco Fondo is addressing this gap by offering startups and small businesses an all-in-one solution for financial management. With $6M in annual recurring revenue, 1,200 customers, and $7M in new funding, Fondo aims to streamline operations, expand globally, and simplify tax and compliance for high-growth businesses.
Continue ReadingNewRetirement has rebranded to Boldin to better reflect its mission: empowering users to be financially confident and bold in their life decisions. Since its inception in 2015, the digital-first planning platform has expanded beyond its original consumer focus to serve enterprise partners as well. With its new name comes a suite of enhanced product capabilities, including a comprehensive Financial Wellness Dashboard.
Continue ReadingThis is how UrbanStems CEO Meenakshi Lala's passion for Indian classical dance helps her lead the company with energy, excitement, and balance.
Continue ReadingManaging Partner Brendan Mathews talks to Washington Business Journal about the "brutal" fundraising environment and how keeping things in perspective and working through the challenges will, more often than not, lead to success. (The article requires a paid subscription for full content.)
Continue ReadingMore than 26 million U.S. adults are "credit invisible," lacking a credit history, including many immigrants, people of color, and low-income individuals. Portfolio company Esusu, which helps renters build credit by reporting on-time rent payments to major credit bureaus, enables those renters to access more affordable credit and move toward homeownership. Esusu’s work is the recipient of Fast Company’s 2024 World Changing Ideas Award in the finance category.
Continue ReadingShiftMed, a leading staffing and workforce management firm, recently expanded its capabilities by acquiring CareerStaff Unlimited from Genesis HealthCare. The acquisition enhances ShiftMed’s offerings with CareerStaff’s platform, which aggregates services from over 1,000 staffing firms nationwide into a unified management system for healthcare staffing needs.
Continue ReadingNewRetirement CEO Stephen Chen digs into what differentiates its financial planning platform from the competition: It may be the only one that serves both consumers as well as advisers and workplaces.
Continue ReadingHere's how iink Payments CEO Tom McGrath went from custom-designing and reselling skateboards he got on eBay as a teenager to leading an insurtech company that's helping to take the inefficiencies out of the insurance claim payouts process.
Continue ReadingInHerSight CEO Ursula Mead talks about the five workplace trends for the next year, focusing on recruitment and support for underrepresented demographics. According to data and observations from InHerSight, these trends include a decline in employer support for diversity, equity, and inclusion (DEI), the phenomenon of "well-being washing," the priority of remote work, the importance of fair pay, and dissatisfaction with efforts to address racial equity.
Continue ReadingNot to brag but we couldn't be prouder that DC Inno has named our very own Dilene Upendra as one of the DMV region's top young innovators under the age of 25. Congratulations, Dilene! We knew you when. She joins an impressive group of young disruptors, philanthropists, and venture capital enthusiasts who are shaking up the status quo.
Continue ReadingOn the Texas Business Minds podcast, Nickson founder and CEO Cameron Johnson talked about his journey to entrepreneurship and what it took to grow an idea into a real business.
Continue ReadingPortfolio company Sunnyside, the app that promotes healthy drinking habits, raised $11.5 million in Series A funding led by Motley Fool Ventures with major participation from Will Ventures. It also announced that it's hired Steve Lloyd as chief product and technology officer.
Continue ReadingLegalMation has raised $15M in Series A financing. The round was led by Aquiline Capital Partners LP, Aquiline Technology Growth, with continued participation from existing investors like Motley Fool Ventures. It plans to use the funds to grow its customer base and build new end-to-end litigation workflow automation and analytic tools.
Continue Readingiink does the complex, sometimes-frustrating work of shepherding property damage claims through the many time-consuming steps involving insurance companies, homeowners, and mortgage issuers. Fund II invested $1M as the last investor to join the Series A round.
Continue ReadingFind out how portfolio company Esusu's Wemimo Abbey and Samir Goel landed on this year’s TIME100 Next list.
Continue ReadingThe comprehensive platform that provides exceptional food and events solutions for corporate America has landed on the Inc. 5000 list of the fastest-growing private U.S. companies for the third consecutive year. Previous Inc. 5000 honorees include household names like Under Armour, Microsoft, Patagonia, Intuit — and HUNGRY.
Continue ReadingKeyway, the AI-powered real estate investment manager, announced today a new partnership with Esusu, the leading financial technology company leveraging rent reporting for credit-building, to make Esusu’s rent reporting platform available to Keyway’s multifamily real estate portfolio.
Continue ReadingWith an eye toward profitability in 2024, digital caterer HUNGRY Marketplace closed a $10 million funding round that included current investors and professional athletes.
Continue ReadingMFV portfolio companies Esusu and Caribou are collaborating to make it easier for renters to save money and improve their financial health via lower car payments.
Continue ReadingMotley Fool Ventures made its second investment in Bennie, a tech-focused benefits provider led by Matt Straz. Escalate Capital, Interplay, and Picus Capital also participated.
Continue ReadingWemimo Abbey, co-founder and co-CEO of Esusu, describes how his vision of justice capitalism informs Esusu’s approach to helping renters across the U.S.
Continue ReadingAfter launching two funds with hundreds of investors, the MFV team knows all about the painstaking process of collecting documents and onboarding LPs. When we met Passthrough and saw its approach to streamlining the process, we knew it was a worthy investment.
Continue ReadingTech diversity publication UrbanGeekz named MFV's managing partner, Ollen Douglass, as one of the top 10 Black VCs managing $100M+ funds.
Continue ReadingFinli founder Lori Shao shares her immigrant story in the hopes of inspiring owners of businesses in underrepresented communities.
Continue ReadingIn the first investment from its new fund, Motley Fool Ventures joined a $38M Seed extension for Bennie, a benefits management firm that serves small and medium-sized businesses.
Continue ReadingLed by fintech veteran Lori Shao, Finli creates digital financial tools for micro-business owners.
Continue ReadingTo help customers increase productivity, Internet of Things (IoT) specialist Microshare released a new app that delivers data analyzed on the Microshare cloud.
Continue ReadingThe Washington Post recognized Caribou among the best small businesses to work for in the D.C. area, particularly for its commitment to helping customers save money.
Continue ReadingTo expand its suite of food options for businesses, HUNGRY Marketplace added curated snacks and pantry items through its acquisition of NatureBox.
Continue ReadingThere are many Robinhood-esque platforms globally because of a growing need to invest in U.S. stocks in different parts of the world. Bamboo, launched in January 2020, is one such platform in Nigeria. Following two years of significant growth and raising $2.4 million to facilitate it, the investment firm is announcing that it has raised $15 million in a new financing round.
Continue ReadingEsusu, the leading financial technology company for rent reporting and data solutions for credit building, today announced a new valuation of $1 billion after closing a $130 million round of funding.
Continue ReadingAs the year comes to a close, NTX Inno is looking at the startups poised to shape the headlines of 2022.
Continue ReadingIn the market for new and used cars, costs are up and discounts are down. On the recent Black Friday, discounts were at record lows. Today, the average price of a new car is $40,000 and a used one is $25,000.
Continue ReadingWith 45 million people in the United States lacking credit scores, and millions more marginalized due to their background, race, and zip code, entrepreneurs Wemimo Abbey and Samir Goel realized they had an opportunity to help bridge the wealth gap by using technology and data to create financial access and foster inclusion.
Continue ReadingOffice catering powerhouse HUNGRY announces the arrival of a new café and coffee bar service set to launch in cities across the country.
Continue ReadingThe fund advisor arm of financial services company Republic has launched a $60 million Seed fund, its first and flagship fund.
Continue ReadingSoon after the coronavirus pandemic began in March 2020, Jeff Grass began to wonder about the future of HUNGRY, a startup he co-founded in late 2016.
Continue ReadingTodd is the founder and CEO of ShiftMed, a digital workforce management platform that recruits, credentials, and schedules licensed CNAs, LPNs, and RNs to work at healthcare providers. Walrath is also the founder and CEO of HomeCare.com, an online marketplace designed to connect caregivers to families and healthcare providers looking for experienced and credentialed post-acute care workers.
Continue ReadingLed by Motley Fool Ventures, the Series A funding round raised $10 million. Esusu, headquartered in New York City, has raised more than $14 million.
Continue ReadingMotoRefi has raised another $45 million in a round led by Goldman Sachs just five months after investors poured $10 million into the fintech startup to help turbocharge its auto refinancing business.
Continue ReadingMeena Sankaran is the founder and CEO of KETOS, a company that's working to save lives with innovative water-quality products. She's a true creator and builder of change and is the embodiment of inspiration, innovation, and impact.
Continue ReadingAfter growing 130% last year and 500% since 2018, Washington, D.C.-based floral delivery startup UrbanStems said on May 5 that it’s on track to book its busiest week in its four-year history thanks to a surge in Mother’s Day orders and that it has just closed a $20 million round of funding.
Continue ReadingHundreds of American Cancer Society regional offices will now be able to use Roundtrip’s transportation scheduling software as part of a new, exclusive relationship.
Continue ReadingDirect-to-consumer meal delivery service Territory Foods closed on $22 million in Series B funding to expand into new cities.
Continue ReadingMotoRefi keeps finding new ways to connect car owners with lower auto loan rates. This Forbes article spotlights MotoRefi’s relationships with Even Financial, Savvy, and SoFi.
Continue ReadingMotley Fool Ventures participated in the latest fundraise for Republic, a platform to connect entrepreneurs and investors.
Continue ReadingMadison Reed, a tech-enabled provider of hair care products, saw expansive growth during the pandemic. Investors rewarded the company’s progress with a $50M funding round. This is Motley Fool Ventures’ initial investment in the company.
Continue ReadingTo more deliberately commit ourselves to our North Star, Motley Fool Ventures has invested $5 million of our $150 million fund into 14 other venture capital funds directly addressing underrepresentation in VC.
Continue ReadingAmid a flurry of fintech deals, MotoRefi’s latest round further validates the company’s goal of providing better auto refinancing loans to car owners.
Continue ReadingBlokable’s new development in Auburn, Wash., “signals a flashpoint for unlocking affordability barriers in housing,” according to Forbes.
Continue ReadingIn this video interview, Nickson Living founder Cam Johnson describes the company’s service and demand spike in 2020.
Continue ReadingDorsata’s approach to electronic medical records better equips women’s health providers to have meaningful, detailed visits with patients.
Continue ReadingCEO Meena Sankaran reflects on the value of water and how KETOS is committed to real-time intelligence about water use and safety for its customers.
Continue ReadingWe’re not ones to pat ourselves on the back, but we wouldn't say no to some recognition every now and then. The chapter of the Association for Corporate Growth that serves Washington, D.C., northern Virginia, and southern Maryland named Motley Fool Ventures as its Venture Deal Team of the Year for 2020.
Continue ReadingThis commentary from MedCity News gives Devoted Health high marks for its “focused, human mission rooted in empathy.”
Continue ReadingHere’s a quote we love from HUNGRY co-founder and COO Eman Pahlavani in this article about the company’s ability to thrive during the bleakest circumstances: “The best ideas come out of necessity and innovation,” Pahlavani told the Associated Press. “There’s always a way to get out of a bad situation.”
Continue ReadingThe killing of George Floyd and the sensitive issues surrounding it weigh heavily on us professionally and personally. We want liberty, justice, and equitable opportunity for all Americans. They are critical to the health of our democracy, and for the future of our children and loved ones.
Continue ReadingAs a further validation of its health and transportation strategy, Roundtrip won a $252,000 grant from the National Institutes of Health to look at the impact of transportation on opioid use disorder transportation.
Continue ReadingCitus Health CEO Melissa Kozak shares her perspectives about options to treat specialty patients during COVID-19 in this podcast from the National Association of Specialty Pharmacy.
Continue ReadingThis TechCrunch article explains how InHerSight expanded its mission during COVID-19 to help women find companies that match their career ambitions.
Continue ReadingBlokable Co-CEO Aaron Holm explains his leadership team’s approach to smart homes and manufacturing in this brief video.
Continue ReadingIn this Fortune Trailblazers piece, Rana describes the leap from CTO to CEO at Affectiva.
Continue ReadingIt’s a day full of love and big expectations. UrbanStems CEO Seth Goldman points to customer service as a key differentiator during this TV interview.
Continue ReadingThis Datamation article doesn’t hold back on the challenges of litigation, including the massive amount of paperwork involved in the preparation to argue a case and the cost for a client. The good news, the author believes, is that LegalMation’s artificial intelligence approach could make it less onerous.
Continue ReadingBitwise receives a boost from the Bakersfield, Calif., county council, which approved a $750,000 tech training contract.
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