Lio raises $30M from Andreessen Horowitz and others to automate enterprise procurement

AI procurement startup Lio announced a $30 million Series A in a round led by Andreessen Horowitz.

His house burned down. He used the insurance money to build PopSockets.

Does a consumer hardware company need to get on the VC treadmill to succeed? Eleven years and 290 million products sold across 115 countries later, PopSockets has proven that the bootstrapped, low-dilution p…

Decagon completes first tender offer at $4.5B valuation

The AI-powered customer support startup is the latest example of a fast-growing, young company that’s providing employee liquidity.

Host a Side Event during TechCrunch Founder Summit Week in Boston

Want to tap into the energy of 1,100+ startup founders, investors, and tech leaders descending on Boston for the Founder Summit 2026 on June 9? Host your own Side Event during “Founder Summit Week,” happening June 4-10!

Why AI startups are selling the same equity at two different prices

Some AI founders are using a novel valuation mechanism to manufacture unicorn status.

Just three companies dominated the $189 billion in VC investments last month

Crunchbase data shows a record $189 billion of global venture capital flowed to startups last month, with AI startups nabbing 90% of the capital.

Fig Security emerges from stealth with $38M to help security teams deal with change

Fig traces data flows in the security stack and then alerts security teams when changes at any point affect detection or response capabilities.

Cursor has reportedly surpassed $2B in annualized revenue

The four-year-old startup saw its revenue run rate double over the past three months, according to one Bloomberg source.

India’s Pronto formalizes house help as its valuation jumps 8× in under a year

Pronto handles 18,000 daily bookings and plans rapid expansion as it races rivals to digitize India’s largely offline home services market.

Stripe wants to turn your AI costs into a profit center

Stripe released a preview intended to allow AI companies to easily track, pass through, and make a profit on underlying AI model fees.