Tag: Startup

Will Smith, Kevin Hart fund pandemic-proof virtual events start-up Run The World

From working with Will Smith and Kevin Hart, to hosting thousands of events across the globe, Xiaoyin Qu’s schedule has been packed lately.

In May, the 27-year-old Stanford dropout added the A-list entertainers to a string of big names eager to back her virtual events start-up with $10.8 million, as investors sought to ride the rising tide of coronavirus-friendly technology businesses.

No one saw this coming, at least when we pitched it.

Xiaoyin Qu

co-founder and CEO, Run The World

Qu doesn’t claim to have seen the pandemic coming. Far from it, in fact. This was simply the latest in a long line of failed ideas. 

“I had enough failed ideas, or enough ideas people thought were stupid, I just thought well, maybe I’ll give it (a) try,” Qu told CNBC Make It.

Inspired by her mom

Qu is the co-founder and CEO of Run The World, a California-based tech

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Denver startup doing swimmingly after appearance on ABC’s “Shark Tank”

After his company got a boost from his appearance on ABC’s “Shark Tank,” Colorado entrepreneur Anthony Franco said the business has continued to grow despite the coronavirus pandemic.

The company, mcSquares, has quadrupled the size of its physical operations, expanding into a 25,000-square foot building in Thornton. Franco, founder  and CEO of the startup, said the 600% growth it reported in the first quarter of this year has continued.

In addition, the company has landed a deal with the Novi School District in Michigan that will put its personal whiteboards in the hands of more than 6,000 students and teachers. The company makes a line of products that includes dry-erase tablets, desktop white boards and a type of reusable sticky note that doesn’t use adhesion, designed for use in classrooms and corporate meeting rooms.

Franco said teachers and students are using the personal whiteboards during online classes and sharing their

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Artificial Intelligence Start-up TEAL Launches IEO with ProBit – Press Release

ZUG, Switzerland & BOCHOLT, Germany–(Business Wire)–The Artificial Intelligence Start-up TEAL will launch an IEO with the Crypto exchange ProBit. The Sale will take place in three rounds beginning September 23rd and provide a circulating supply of 4.5 million TEAL Token (TEAT) priced at $1.25/TEAT.

TEAL strives to raise funding for its first product: the TEAL Marketplace. This is a decentralized marketplace with social network functions, connecting consumers with the best recommendations and merchants with the most suitable customers through proprietary AI.

AI: Backbone of a new marketplace

TEAL initially identifies tangible needs from publicly available information for the respective TEAL user. Each user decides which personal information to share with the AI. From these unstructured and structured data, TEAL generates a unique DNA for each user and product, the so-called social genome. TEAL’s AI then matches the needs of consumers with the offerings of suppliers and brands based

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Kobe Bryant-Backed Startup Wants To Be The Nike Of Skincare. It Just Raised $6 Million To Advance Its Game Plan.

Art of Sport, the skincare and grooming brand launched two years ago with the backing of basketball legend Kobe Bryant and other athlete investors, is preparing to grow its retail presence six-fold next year.

The company today announced it has closed a $6 million funding round designed to fuel its retail expansion.

The round, the first external funding announced by the Los Angeles-based company, was led by CircleUp Growth Partners and includes Mark Cuban, Lightspeed Venture Partners, Bam Ventures, Darco Capital, and NBA veteran Wilson Chandler.

The brand, currently sold in Target
stores and on Amazon
.com and its own website, is planning to use the capital in part to ramp up production in preparation for a rollout to new retail partners

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5 Decisions That Will Increase Your Chances Of Building A Successful Startup

No one starts a business they want to fail. Yet, very few entrepreneurs do whatever it takes to build a successful business. Most startups die the day they are born. Rarely because they are bad ideas but usually because the founders are not committed enough to build a startup that succeeds.

Even the entrepreneurs that last to see their product on the market with paying customers can eventually get overwhelmed with the accumulation of challenges and roadblocks. I have been there and I know exactly how it feels.

Turning an idea into a valuable solution that makes a difference

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South Australian e-invoicing startup Link4 lands contract with Treasury to improve small business cashflow

An Australian government promise to pay its suppliers faster has led to a collaboration between an e-invoicing startup from South Australia and the federal Treasury.

Based in Adelaide, invoice delivery service provider Link4 told InDaily it would connect Treasury with the Pan-European Public Procurement Online (PEPPOL) network, allowing the government department to instantly receive invoices from anyone sending them via the network.

Link4 co-founder and CTO Sam Hassan said the project, which kicked off this week and is expected to go live in October, would simplify the invoicing process by removing the need for suppliers to manually input data from emails and PDFs.

He said Australian federal government invoices were expected to be paid within five business days to help increase cashflow and assist businesses doing it tough during the economic downturn.

“This project started back in 2016, when the government was looking at ways to streamline the interaction with

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Confused About Business Insurance? This Startup Can Provide the Info You Need In Minutes.

4 min read

Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

Running a business is difficult. It’s even harder if you chose the wrong business insurance. The last thing you need is to spend untold hours searching for the insurance you need, only to find out you’ve left yourself vulnerable to lawsuits, employee injuries, or property damage after the fact.

That’s why a group of tech entrepreneurs got together and created CoverWallet, an online commercial insurance marketplace and concierge service specifically designed to find the best insurance for your business in a manner of minutes.

Navigating the business insurance jungle.

business insurance

Image via Unsplash

When you start a business, you assume a certain amount of legal responsibility for anybody

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Office Depot and Brit + Co Team Up to Launch Selfmade, a New Online Startup School for Women

The MarketWatch News Department was not involved in the creation of this content.

Brit + Co and Office Depot today announced that Office Depot will be the exclusive sponsor of Selfmade,a new 10-week virtual startup school for women. The course is hosted by Brit + Co co-founders, Brit Morin and Anjelika Temple, and includes highly personalized skill development to enable each student to start or grow her own business.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200917005228/en/

To help drive educational change, Office Depot’s sponsorship will enable the course to be made free for up to 200 women, focusing on women of color, women from underserved and underrepresented communities, and women in need of support to help them trailblaze. Additionally, a portion of proceeds from the course will be donated to digitalundivided, an organization whose mission is to provide economic empowerment to Black and Latinx women.

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Startup Immediate speeds earned wage access via Visa’s push payments

Immediate will use Visa Direct to provide real-time access for employees to collect earned, but not yet paid wages before scheduled payday.

The Birmingham, Alabama-based startup offers lower costs alternative to payday loans. According to The PEW Charitable Trusts, 12 million Americans borrow from payday lenders each year and spend more than $7 billion on payday loans. Immediate works through employers, integrating with a company’s time and tracking payroll software in order to determine the wages an employee has accrued during a payroll cycle. Immediate has built integrations with ADP, Kronos, Paychex, Paylocity, UltiPro, Prism HR, as well as other payroll platforms.

While many EWA providers such as PayActive set a limit, such as $500, on how much an employee can access early, Immediate works with each individual employer to set customized limits.

The employee can access and request wages by using the company’s mobile app called ImmediatePay. Any eligible

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German Startup Sennder Acquires Uber’s European Freight Business | Investing News

BERLIN (Reuters) – German freight startup sennder said on Wednesday it had acquired Uber’s

European freight business in an all-stock deal that will see the U.S. ride hailing company become a minority shareholder.

The deal marks the second acquisition this year by Berlin-based sennder, a digital freight forwarder founded in 2015 that specialises in full-truck loads, as it seeks to extend its lead in Europe.

“This acquisition strengthens our position as Europe’s number one digital logistics provider,” said David Nothacker, CEO and co-founder of sennder.

For Uber, which only entered the German freight market in July 2019, the deal will extend its reach in Europe while the alliance with sennder would extend to offering advanced freight logistics services in the United States and Canada.

sennder is one of a number of logistics-focused startups in the bustling Berlin tech scene that has sought to modernise an industry dominated by family-owned trucking

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