Digital life insurance company Ladder raised $100 million in a new round of funding. Ladder offers between $100,000 and $8 million in life insurance term policies for people between the ages of 20 and 60. Nonprofit LatinxVC released a report finding that only 2 percent of partner-level investment professionals are Latino or Latina. However, with fresh funding from Silicon Valley Bank, the group plans to staff up to support its mission and purpose of growing Latinx representation in the VC community.
The week’s 10 biggest funding rounds
In this new column, we look at the biggest funding rounds from the week. Highlighted in this issue are companies making faux cheese, hunting tech talent and providing insurance against hackers. We take a look at Perfect Day with a $350 million Series D, Coalition with a $205 million Series E, and eight other U.S. companies raising funds.
Is the SPAC boom fizzling out?
In this guest column, serial entrepreneur Shirish Nadkarni explains that with SPACs taking a beating this year, the number of quality companies available for merger may be few, which will invariably result in bad deals and press, and eventually strong regulation.
Legal tech’s new appeal: Sector tops $1B in funding
The legal world’s sometimes glacial pace does not obviously lend the industry to being disrupted by new technologies—but venture investors seem to be betting big on exactly that. So far this year, legal tech companies have already seen an all-time high of more than $1 billion in VC investment, Crunchbase data shows. We speak with industry insiders about why the staid legal sector is finally adopting new technologies, and the sorts of startups securing investment.
How to define your sales territory in Crunchbase to find more leads
Your quota isn’t getting any smaller, and your territory isn’t getting any bigger. So, how do you find more qualified leads, faster? Here’s how to define your sales territory in Crunchbase and use advanced search to identify leads that match your ICP.
