Monthly Archives: August 2022

‘Selling Sunset’ star Christine Quinn’s brokerage debuts new crypto credit scoring platform

For fans of both reality television and web3 (hopefully that group includes more than just this reporter), Christine Quinn’s move to leave the Oppenheim Group and co-found a brokerage with her husband to serve the crypto-rich was quite the bombshell. Now, RealOpen CMO Quinn and CEO Christian Dumontet, who married Quinn in a swan-filled soiree…

Shopic lands $35M to bring its item-scanning ‘smart cart’ tech to more stores

Stores face new challenges in a world forever changed by the pandemic. Amazon and other tech giants are encroaching on their business. But perhaps more urgently, supply chain snarls haven’t gone away, presenting retailers with a host of inventory issues. In a March Retail Insights survey, seven in 10 (71%) shoppers said they felt that…

Privya helps companies protect data at code level before it goes into production

As data privacy laws proliferate, it’s becoming increasingly important for companies to protect sensitive data in their applications. Privya was born with the idea that privacy protection should happen at the code level in development before the code goes into production. One of the founders, CEO Uzy Hadad, was working a company called VisualDNA, which…

ReturnLogic bags new capital to make returning items less of a nightmare

Online sales reached $1 trillion last year, and of that, $218 billion of merchandise was returned, according to the National Retail Federation. What’s more is that for every $1 billion of items sold, retailers incur over $160 million in returns. We’ve seen companies get creative — for example, Amazon teaming up with Kohl’s in 2019…

Founderpath secures $145M in debt and equity to help B2B SaaS startup founders avoid dilution

In this challenging fundraising environment, more startups than ever are turning to alternative financial solutions such as debt. Despite the negative connotation associated with debt, a startup should not view it as an act of desperation during downturns, as TechCrunch’s Kyle Wiggers and Alex Wilhelm have recently noted. Companies that have high recurring revenue and…