Bilt Rewards, whose platform aims to allow consumers to earn rewards on rent and daily neighborhood spend, has raised $200 million at a $3.1 valuation, the company announced today. General Catalyst led the financing, which more than doubles the New York-based company’s valuation compared to its $150 million October 2022 raise. Eldridge and existing backers … Read more
General Catalyst, one of the largest U.S. venture capital firms, is in talks to acquire an India-focused VC as part of efforts to expand its presence in the fast-growing South Asian startup market, three sources familiar with the matter told TechCrunch. The deal would allow General Catalyst to tap deeper into India’s vibrant technology scene … Read more
Venture capital and healthcare startups have had a tumultuous relationship over the past few years. Before the pandemic, the majority of venture investment in health tech and healthcare startups came from VCs focused on the sector. That changed in 2020, when seemingly every flavor of VC flooded into the market. Much of this newfound interest … Read more