Skip to main content

Funding Daily: Today’s tech funding news, in one place

Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share.

Snapchat’s raised more than $537M since February and it may raise $112M more

100 million daily users strong, Snapchat today revealed that it’s raised over $537.6 million since February.

According to a public filing on the matter, Snapchat may raise at least $112 million more. This news arrives two months after reports that Alibaba planned to invest $200 million into Snapchat.

Read more


June 5th: The AI Audit in NYC

Join us next week in NYC to engage with top executive leaders, delving into strategies for auditing AI models to ensure fairness, optimal performance, and ethical compliance across diverse organizations. Secure your attendance for this exclusive invite-only event.


Used-car marketplace Beepi Inc. is raising at least $300M

Beepi Inc., a company that lets you buy and sell used cars online with “no negotiating, no trips to the dealer, no surprises – and no commission to the guy with the plaid jacket,” announced today it is raising $300 million in a round that would bring up the company’s valuation to $2 billion.

Beepi’s cofounder and chief executive, Ale Resnik, told the Wall Street Journal this is a “monster round” and they expect to raise more that $300 million by next month, when it is time to close the round.

More: The Wall Street Journal 

Travel-focused newsletter startup Daily Secret raises $2.2M

New York-based Daily Secret, a newsletter and blog that helps travelers find “secret” events, restaurants, and bars around the world, announced today through a public filing that it raised at least $2.2 million in a new round, and could receive $550,000 more by the time the round is completed.

App for outdoor enthusiasts Yonder takes in $2M

Yonder, an app to connect outdoor enthusiasts with nearby activities, announced today it raised $2 million led by Vermont Seed Capital Fund and Monster Worldwide. Green Mountain Digital LLC, the company behind the app, said it approved to raise an additional million.

More: Yonder 

 

This list will be updated with breaking funding news all day. Check back for more.