Miami Twins Raise $18M for Lula, an Insurance Infrastructure Upstart
Lula, a Miami-based insurance infrastructure startup, announced today it has raised $18 million in a Series A round of funding. Founders Fund and Khosla Ventures co-led the round, which also included participation from SoftBank’s SB Opportunity Fund, hedge fund manager Bill Ackman, Shrug Capital, Steve Pagliuca (Bain Capital co-chairman and Boston Celtics owner), Tiny Capital’s […]
New Startups Are Brewing in Miami
Startup funding activity in Miami increased during the pandemic, but it has been largely concentrated at the earliest stages — signaling that the city is still a young hub whose primary growth comes from adding brand new companies to its ecosystem. Why it matters: Despite a lot of noise from certain Silicon Valley techies and investors […]
Unybrands Raises $300M To Acquire E-Commerce Businesses
Miami-based Unybrands will double its employee headcount and acquire brands that sell their goods on platforms like Amazon.com and Shopify after raising $300 million in growth capital from Crayhill Capital Management. The e-commerce business will accelerate its acquisitions in the U.S. and Europe after securing that capital, the company reported in a news release. Unybrands […]