Category Archives: Alexis Ohanian

These are the most successful companies to emerge from Y Combinator

Earlier this month, Brex, a credit card provider to startups, announced it had raised $125 million at a $1.1 billion valuation. The round was impressive for a couple of reasons: The founders are a pair of 22-year-olds that had set out to build a virtual reality company before pivoting to payments, and they had only completed Y Combinator, a well-known Silicon Valley startup accelerator, the year prior. Y Combinator is responsible for many successes in the startup world, certainly more than its fellow accelerators, which are all […]

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YC-grad Papa raises $2.4M for its ‘grandkids-on-demand’ service

One of the latest additions to the on-demand economy is Papa, a mobile app that connects college students with adults over 60 in need of support and companionship. The recent graduate of Y Combinator’s accelerator program has raised a $2.4 million round of funding to expand its service throughout Florida and to five additional states next year, beginning with Pennsylvania. Initialized Capital led the round, with participation from Sound Ventures. Headquartered in Miami, the startup was founded last year by chief executive officer Andrew Parker. The idea […]

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RankScience closes $1.8M seed — and now only wants to replace human SEO staff if you don’t have any

A couple of years ago YC-backed RankScience, which offers AI-enhanced SEO split-testing, put a few SEO experts’ noses out of joint when the fledgling startup brashly talked about replacing human expertise with automation. Two years on its pitch has mellowed, with the team saying their self-service platform is “augmenting human SEO ability rather than replacing them”. The startup has also — finally — closed a seed round, announcing $1.8M led by Initialized Capital, along with Adam D’Angelo, Michael Seibel, BoxGroup, Liquid2 Ventures, FundersClub, and Jenny 8 Lee […]

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