Raison | top-tier venture deals from $1

2022-07-12 20:07:53 Klarna announced that it held a round of valuation of $6.7B, which is lower than the previous $45.6B.

We first invested in Klarna in December 2020. What is our strategy now?

We believe that Klarna's valuation will recover, and the best strategy is to keep the paper in the portfolio. Moreover, we are considering increasing our stake in the company through cheaper shares.

Why do we think the Klarna score will recover?

The company has excellent business metrics and an effective market strategy. Until 2019, it was profitable, which is rare for a fintech startup. Since 2019, Klarna has invested heavily in growth by entering new markets, pursuing acquisitions, and launching new products.

Klarna now has over 150M active users and 400,000 retail partners in 45 countries.

The $800M mega-round in challenging market conditions shows investors continue to believe in the company.

The raised funding will help the company "survive the hard times" and maintain market leadership, increasing its valuation. Open / Comment

2022-07-11 16:56:04 Better.com announced several new hires of senior executives. What does this mean for the industry?

Online mortgage lender is on a mission to reinvent its image. Meanwhile, investments in PropTech are on the rise. A record $4B of VC equity funding flooded into the PropTech sector in Q1 of 2022 as “investor confidence” hit an all-time high, according to a new report from investment bank Keefe, Bruyette & Woods.

Invest in Better Mortgage from $3.69 Open / Comment

2022-07-08 11:38:27 New episode of Late Venture digest!

This week, we cover ConsenSys – the leading software company that develops decentralized solutions on the Ethereum blockchain.

Leave a comment below on what company you think we should cover next? Open / Comment

2022-06-29 15:19:47 Go green with Raison!

Buy StoreDot shares to support green startups. The company recently raised $200M and is shaking up the industry! Open / Comment

2022-06-28 20:07:20 Happy Birthday, Elon!

Everyone knows Elon Musk is currently the wealthiest person in the world, surpassing Jeff Bezos with $270B in net worth.

Most of Elon's wealth comes from Tesla, and since the pandemic, Tesla stock has increased by over 2500% due to high interest from retail investors, excellent performance, and a global trend for electric cars. But Tesla is not the only company that Elon Musk has founded.

You can find SpaceX, Neuralink, OpenAI, and The Boring Company, among other innovative projects.

In this video, let's find out what each company is developing under the name of the most well-known innovator and disruptor. Open / Comment

2022-06-09 19:54:10 New episode of Late Venture digest!

This week, we cover Rappi – the Columbia-based Marketplace that provides online delivery services. It connects consumers who want to purchase goods with independent contractors who can fulfill those needs.

Leave a comment below what company you think we should cover next? Open / Comment

2022-06-09 18:09:56 USD top-up available now

You can now directly top up your USD account in the app! Open / Comment

2022-06-09 16:27:09 Rubrik hires former Director of the U.S. Cybersecurity and Infrastructure Security Agency

Rubrik appoints Chris Krebs as Chair of its new CISO Advisory Board. Previously Krebs was in the Department of Homeland Security in 2017 after several years on Microsoft’s U.S. Government Affairs team, where he led the company’s U.S. policy work on cybersecurity and technology issues. He also is a non-resident senior fellow at Harvard’s Belfer Center and a senior Newmark fellow in cybersecurity at The Aspen Institute.

At Rubrik, Krebs will create and lead a strategic CISO advisory board to help private, and public sector organizations tackle the unprecedented growth of cyberattacks, including ransomware.

It is assumed that the members of the Rubrik Advisory Board will be directors of leading cybersecurity companies and organizations in the United States. Participants will be selected based on their industry experience, current position, and contribution to the development of cybersecurity. Open / Comment

2022-06-08 17:22:22 A new addition to our Marketplace – ConsenSys!

ConsenSys is the leading software company that develops decentralized solutions on the Ethereum blockchain. The company was founded in 2014 in the U.S. and recently has finished its Series D funding round, reaching $7 billion in valuation.

The company is in the FinTech industry and its Late Stage. You can access relevant analytics on ConsenSys directly in the app. The company is currently in Pre-Order status, meaning we are collecting financial interest for a potential deal.

Be the first one to invest today! Open / Comment

2022-06-08 15:40:50 Rappi Turbo is on track to expand by 3-5 times by the end of this year

The Latin-American e-commerce startup Rappi plans to expand the number of customers by 3-5 times by the end of this year, according to the global head of Turbo Jack Sarvary.

Rappi Turbo is a 10-minutes grocery delivery service using dark stores business model. As Salvary said, it’s one of the most profitable business verticals for Rappi, and company heavily investing in it.

As of today, Rappi Turbo operates 300+ dark stores in 6 Latin America countries. It’s more than any dark store delivery service in the world has. The company aims to launch even more dark stores to expand the customer base.
Except for express grocery delivery, Rappi offers a lot of other services in 250 cities throughout Latin America: from buying almost any kind of product online to hotel booking and passing medical tests at home.

Start with $8.7 to invest in Rappi! Open / Comment