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Calendly Valued at $3B – ProWellTech

Posted on the 27 January 2021 by Thiruvenkatam Chinnagounder @tipsclear

A popular programming startup raises a large round of funding, Twitter makes a newsletter acquisition, and Beyond Meat partners with PepsiCo. This is your Daily Crunch for January 26, 2021.

The big story: Calendly worth $ 3 billion

Calendly, which helps users plan and confirm meeting times, raised $ 350 million from OpenView Venture Partners and Iconiq.

Until now, the Atlanta-based startup had only raised $ 550,000, but the company claims it has 10 million monthly users, with $ 70 million in subscription revenue last year.

"Calendly has an increasingly important vision to be a central part of the meeting lifecycle," said Blake Bartlett of OpenView.

The tech giants

Twitter Acquires Revue Newsletter Platform - Twitter is entering the newsletter business.

TikTok is used by teen vaporizer vendors - Vendors offer flavored disposable vaporizers, "discreet" parent-proof packaging, and no identity checks.

PepsiCo and Beyond Meat Launch Infamous-Name Joint Venture for New Plant-Based Food and Drink - The Name? The PLANeT partnership.

Startups, financing and venture capital

Fast raises $ 102M as online checkout wars continue to attract huge investment - New funding was led by Stripe.

SetSail raises $ 26 million Series A to rethink sales pay - SetSail says sellers should get paid during the sales cycle.

Mealco raises $ 7 million to launch new delivery-focused restaurants: by launching a restaurant with Mealco, chefs are not signing a lease or paying any other upfront costs.

Extra Crunch tips and analysis

Ten VCs say interactivity, regulation and independent creators will redesign digital media in 2021 - We asked about the likelihood of further industry consolidation, if we see more digital media companies taking the SPAC route, and of course what they stand for looking into their next investment.

The five biggest mistakes I made as a startup founder for the first time - Rami Essaid, CEO of Finmark, has regrets.

Does a $ 27B or $ 29B valuation make sense for Databricks? - A look at the history of growth, the economy and the Databricks scale.

(Extra Crunch is our signup program, which helps founders and startup teams move forward. You can sign up here.)

All the rest

President Joe Biden is committed to replacing the entire federal fleet with electric vehicles - his commitment is tied to a broader campaign promise to create 1 million new jobs in the American auto industry and supply chains.

Meet the community of early stage founders at TC Early Stage 2021 - The first part of the early stage focuses on operations and fundraising and takes place on April 1-2, while the second part of the early stage focuses on marketing , PR and fundraising and takes place from 8 to 9 July.

The Daily Crunch is ProWellTech's roundup of our biggest and most important stories. If you would like to receive this message in your inbox every day around 3pm Pacific, you can subscribe here. Calendly valued at $3B – ProWellTech

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