Unicorn news and trends

BNPL Platform Tamara Becomes Saudi Arabia’s First FinTech Unicorn
Buy Now Pay Later // December 18, 2023

Saudi Arabia-based buy now, pay later (BNPL) platform Tamara has become that nation’s first unicorn. The company announced Monday (Dec. 18) that it had closed a $340 million Series C round, giving it a valuation of $1 billion. The term “unicorn” refers to a startup with...

The Week in AI: Copilots, Unicorns and Calls for Oversight
artificial intelligence // October 22, 2023

We are still in the first innings of generative artificial intelligence (AI). But the innovative and groundbreaking technology, which represents an entirely new computing paradigm, has already hit a home run in capturing the attention of both public institutions and private enterprises. And for the...

Cart.com Valued at $1.2 Billion Following $60 Million Series C
Supply Chain // June 27, 2023

Cart.com has raised $60 million in a funding round that values the company at $1.2 billion. The commerce and logistics solutions company announced the Series C funding round Tuesday (June 27), saying it would use the financing to boost its international expansion and meet increased demand from...

Flatpay Raises $16 Million for Flat-Rate POS Technology
Point of Sale // June 26, 2023

Danish FinTech Flatpay has raised €15 million (about $16 million) in its Series A funding round to expand its presence in Denmark, Finland and Germany and continue its product development. Flatpay offers a flat-rate point-of-sale (POS) technology for businesses that aims to make payments transparent and...

Interviews & Exclusives
ezCater Raises $150M To Scale Its Business Catering Platform

April 02, 2019
Food brings people together — every grandmother worth the title reveres that wisdom. That’s only part of the story, though. A meal that’s handled badly, or doesn’t get off to the right start, increases the risk of disaster — or, at least, the risk of the ideal meal falling short of reality. What holds true […]

Will Unicorns Take Flight with IPOs?

June 09, 2016
It’s raining IPOs! Well, not really, but if Bain’s Blue Coat goes public, the grand total of tech-related IPOs this year will reach — three. But other unicorns are mulling...

Quick Reads
BNPL Platform Tamara Becomes Saudi Arabia’s First FinTech Unicorn

December 18, 2023
Saudi Arabia-based buy now, pay later (BNPL) platform Tamara has become that nation’s first unicorn. The company announced Monday (Dec. 18) that it had closed a $340 million Series C round, giving it a valuation of $1 billion. The term “unicorn” refers to a startup with a valuation of at least $1 billion. “This historic investment […]

Cart.com Valued at $1.2 Billion Following $60 Million Series C

June 27, 2023
Cart.com has raised $60 million in a funding round that values the company at $1.2 billion. The commerce and logistics solutions company announced the Series C funding round Tuesday (June 27), saying...

Flatpay Raises $16 Million for Flat-Rate POS Technology

June 26, 2023
Danish FinTech Flatpay has raised €15 million (about $16 million) in its Series A funding round to expand its presence in Denmark, Finland and Germany and continue its product development. Flatpay...

Synthesia Joins Unicorn Club Amid Flurry of AI Investments

June 13, 2023
British generative AI firm Synthesia has become a “unicorn” after raising $90 million. The company announced the Series C funding on its LinkedIn page Tuesday (June 13), saying the financing had raised its...