How a headphone site operator built loyalty startup Lantern to solve his own problems; plus, Deel hits $17.3B valuation after raising $300M from big-name VCs
After struggling to retain customers at his e-commerce site Headphones.com, founder Andrew Lissimore built his own loyalty solution — and it’s now a startup called Lantern. The Shopify-native platform helps brands boost retention through customizable loyalty, referrals, and account management tools.
Also, Deel says it's been profitable for three years and surpassed $1 billion in ARR, including having a month.
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General Intuition lands $134M seed to teach agents spatial reasoning using video game clips, also, Electric aircraft startup Beta Technologies seeks to raise $825M in IPO
Late last year, OpenAI reportedly tried to buy Medal and its vast trove of video game data for $500M. Today, the company spun out a frontier research lab that's using that data to build AI agents that understand how they move through space and time, a concept called spatial-temporal reasoning.
Also, electric aviation startup Beta Technologies has priced shares for its initial public offering between $27 and $33, in hopes of raising as much as $825 million, according to a regulatory document filed with the U.S. Securities and Exchange Commission. If the company attracts investors at the top of that range it will debut with a valuation of about $7.2 billion.
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Liberate bags $50M at $300M valuation to bring AI deeper into insurance back offices; also, Eightfold raised $35M for an AI digital twin startup
Liberate’s AI agents automate tasks for P&C insurers, working across sales, service, and claims.
Viven's seed funding was led by Khosla Ventures and Foundation Capital.
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Inaudible sound might be the next frontier in wildfire defense
Sonic Fire Tech has developed a device that can extinguish flames using acoustic energy below the range of human hearing. The startup is building a demo capable of protecting a home.
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FleetWorks raises $17M to match truckers with cargo faster
Co-founded by a former Uber Freight product manager, and backed by Uber's lead seed investor, FleetWorks is quickly scooping up customers in the trucking world.
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