Bridgecrew announces $14M Series A to automate cloud security

Bridgecrew announces $14M Series A to automate cloud security

In today’s grim economic climate, companies are looking for ways to automate wherever they can. Bridgecrew, an early-stage startup that makes automated cloud security tooling aimed at engineers, announced a $14 million Series A today. Battery Ventures led the round with participation from NFX, the company’s $4 million seed investor. Sorensen Ventures, DNX Ventures, Tectonic …

Sprout.ai raises $2.5M to speed up insurance claims

Sprout.ai raises $2.5M to speed up insurance claims

Sprout.ai, an insurtech incubated at London’s Imperial College that is applying AI to insurance claims,, has raised $2.5 million in additional seed funding. Leading the round is Amadeus Capital Partners, with participation from Playfair Capital, and Techstars. Founded in 2018, Sprout.ai has developed AI-based software that it says enables insurance claims to be settled within …

Layoffs are disproportionately impacting startup satellite offices

Scanwell aims to launch at-home 15-minute coronavirus test, but it still needs FDA approval

Layoffs have struck the startup world swiftly, hurting hospitality and travel startups, as well as recruitment and scooter companies. New data shows that some of those layoffs, brought on by COVID-19, might be disproportionately impacting satellite campuses. By nature, satellite offices are secondary to a startup’s headquarters. Opening smaller offices is a strategic move when …

Pepper, a platform for restaurants and suppliers, pivots to deliver food to consumers

Pepper, a platform for restaurants and suppliers, pivots to deliver food to consumers

Though the effects of the coronavirus pandemic on restaurants has been crystal clear, many forget the impact this disease has had on food chain suppliers. With restaurants closed, these suppliers — who still have access to tons upon tons of food — no longer have customers. Meanwhile, end consumers are dealing with their own stresses …

Tyto Care raises $50 million as it looks to buy and build new services during COVID-19 demand surge

Scanwell aims to launch at-home 15-minute coronavirus test, but it still needs FDA approval

Tyto Care, the provider of a home health diagnostic device and telemedicine consultation app, said it has raised $50 million in a new round of funding. The round was led by Insight Partners, Olive Tree Ventures, and Qualcomm Ventures, according to a statement, and brings the startup’s total capital raised to more than $105 million. …

Jim Fruchterman raises $1.7M for Tech Matters, a new effort to help nonprofits do tech better

Jim Fruchterman raises $1.7M for Tech Matters, a new effort to help nonprofits do tech better

Social entrepreneurship pioneer Jim Fruchterman has launched a new nonprofit, Tech Matters, with $1.7 million in backing from corporate and foundation sources, including Twilio, Okta, Working Capital, Facebook and Schmidt Futures. Tech Matters is Fruchterman’s new vehicle to address what he sees as a crippling weakness in the social good sector: the failure to use …

Olive, a startup developing an automation tool for healthcare administration, raises $51 million

Olive, a startup developing an automation tool for healthcare administration, raises $51 million

Time is money, as the old adage goes, and this is doubly true in healthcare systems operating with thin margins now made even thinner thanks to the loss of revenue caused by a freeze on elective procedures. Stepping in with a technology that automates much of the time-consuming back-end processes hospitals and healthcare providers need …