Daily Crunch: Calendly valued at $3B

Daily Crunch: Calendly valued at $3B

A well-liked scheduling startup raises a giant funding spherical, Twitter makes a publication acquisition and Beyond Meat groups up with PepsiCo. This is your Daily Crunch for January 26, 2021.

The large story: Calendly valued at $3B

Calendly, which helps customers schedule and ensure assembly instances, has raised $350 million from OpenView Venture Partners and Iconiq.

Until now, the Atlanta-based startup had solely raised $550Ok, however the firm says it has 10 million month-to-month customers, with $70 million in subscription income final yr.

“Calendly has a imaginative and prescient more and more to be a central a part of the assembly life cycle,” mentioned OpenView’s Blake Bartlett.

The tech giants

Twitter acquires publication platform Revue — Twitter is stepping into the publication enterprise.

TikTok is being utilized by vape sellers advertising and marketing to teenagers — Sellers are providing flavored disposable vapes, parent-proof “discreet” packaging and no ID checks.

PepsiCo and Beyond Meat launch poorly named three way partnership for brand new plant-based meals and drinks — The identify? The PLANeT Partnership.

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Startups, funding and enterprise capital

Fast raises $102M as the web checkout wars proceed to draw large funding — The new funding was led by Stripe.

SetSail nabs $26M Series A to rethink gross sales compensation — SetSail says salespeople needs to be paid them all through the gross sales cycle.

Mealco raises $7M to launch new delivery-centric eating places — By launching a restaurant with Mealco, cooks don’t signal a lease or pay some other upfront prices.

Advice and evaluation from Extra Crunch

Ten VCs say interactivity, regulation and unbiased creators will reshape digital media in 2021 — We requested concerning the chance of additional trade consolidation, whether or not we’ll see extra digital media corporations take the SPAC route and, in fact, what they’re in search of of their subsequent funding.

The 5 largest errors I made as a first-time startup founder — Finmark CEO Rami Essaid has some regrets.

Does a $27B or $29B valuation make sense for Databricks? — A have a look at Databricks’ progress historical past, economics and scale.

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(Extra Crunch is our membership program, which helps founders and startup groups get forward. You can enroll right here.)

Everything else

President Joe Biden commits to changing total federal fleet with electrical autos — His dedication is tied to a broader marketing campaign promise to create 1 million new jobs within the American auto trade and provide chains.

Meet the early-stage founder neighborhood at TC Early Stage 2021 — Early Stage half one focuses on operations and fundraising and takes place on April 1-2, whereas Early Stage half two specializing in advertising and marketing, PR and fundraising and runs July 8-9.

The Daily Crunch is TechCrunch’s roundup of our largest and most necessary tales. If you’d prefer to get this delivered to your inbox each day at round 3pm Pacific, you may subscribe right here.


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