Thursday, 15 February 2024

These startups are growing alongside the gig worker economy

Plus, deep tech funding stays relatively steady

February 15, 2024

Hi, Agen. Whether by choice or necessity, the share of workers who are self-employed or toiling in the gig economy continues to grow — and with it, tools to manage it all. Startups are taking a leading role — dozens of funded companies that cater to the growing ranks of self-employed and gig workers have collectively raised at least $800 million to date, Crunchbase data shows. Plus, deep tech funding is down but maybe not as much as you’d think.

🧾 These startups are growing alongside the gig worker economy

Over the past few quarters, venture investors have poured hundreds of millions into companies with offerings aimed at freelance and gig workers. Top focus areas include platforms for finding work, accounting tools and apps tailored for specific industries.

Related Crunchbase Pro list: Freelance And Gig Worker Services Startups

🤖 Deep tech funding stays relatively steady

After seeing a significant slowdown in venture funding through the first half of 2022, some of the biggest sectors in deep tech — quantum computing, space travel and robotics — showed resiliency in 2023, according to Crunchbase data.

Related Crunchbase Pro list: Deep Tech Funding

🛑 VCs kept the brakes on in January

Venture funding was subdued in the first month of 2024, clocking in below even the already depressed monthly averages of 2023, Crunchbase data shows. What will it take to kickstart startup investment this year?

💕 Investors still swiping right on dating startups

VCs still seem to have warm and fuzzy feelings for dating startups, Crunchbase data shows, with the latest cohort of funded romance apps particularly geared toward a generation of singles weary of the shallowness and tedium of endless swiping.

Related Crunchbase Pro list: Dating- And Romance-Centric Startups

🤝 Crunchbase announces new partnership with monday.com

Now, monday sales CRM users can enrich their CRM records with Crunchbase’s best-in-class proprietary company data to quickly identify qualified opportunities and inform outreach. Find out more here.

Final week: CNBC is now accepting nominations for the 2024 Disruptor 50 list

The Disruptor 50 list is an annual look at the most innovative venture-backed companies. Private startups are scored on criteria including scalability, revenue and user growth, the use of breakthrough technology, and workforce diversity. The deadline to apply is Friday at 11:59pm ET. 

Recent Investments

BioAge Labs

$170M / Series D

BioAge Labs is a clinical-stage biotechnology company that develops therapeutics to treat obesity and metabolic diseases.

Categories:

Biopharma • Biotechnology • Life Science • Therapeutics

Founders:

Eric Morgen, Kristen Fortney

Investors:

Sofinnova Investments (Lead), Amgen Ventures, Andreessen Horowitz + 10 more

ProfoundBio

$112M / Series B

ProfoundBio is a developer of targeted therapeutics intended for patients with cancer.

Categories:

Biotechnology • Oncology • Therapeutics

Founders:

Baiteng Zhao, Tae Han, Xiao Shang

Investors:

Ally Bridge Group (Lead), Janus Henderson Investors, LifeSci Venture Partners + 11 more

Antithesis

$47M / Seed Round

Antithesis develops quality assurance software to facilitate autonomous software testing.

Categories:

Artificial Intelligence (AI) • Information Technology • Quality Assurance • Software

Founders:

Will Wilson

Investors:

Amplify Partners (Lead), First In Ventures (Lead), Tamarack Global (Lead) + 2 more

More Fundings

Company Amount / Round Lead Investor
Skylo $37M / Series C Innovation Endeavors
Meter $35M / Venture Round Lachy Groom
Marqo $12M / Series A Lightspeed Venture Partners
Document Crunch $9.0M / Series A Navitas Capital
All Recent Funding Activity

Recent Acquisitions

CMAC Group

Pending acquisition by CityFleet Networks for 80M GBP

More Acquisitions

Company Acquired By Amount
Aggne Wipro $66M
All Recent Acquisition Activity

Discover innovative companies and the people behind them.

Follow Us on Crunchbase View Jobs on LinkedIn Follow Us on Twitter Like Us on Facebook

564 Market St, San Francisco, CA 94104
© 2024 Crunchbase Inc. All rights reserved. Privacy Policy | Terms of Service

Unsubscribe from Crunchbase Daily.

No comments:

Post a Comment