H-E-B acquires Texas-based on-demand company Favor

 H-E-B has acquired Favor, the on-demand delivery service out of Texas. Favor will continue to operate as an independent wholly-owned subsidiary of the grocery chain. The company first launched in 2014 at SXSW, bringing a Texas-tailored approach to on-demand delivery. While many on-demand services, such as Postmates, focus on high-density areas like NYC and San Francisco, Favor built a product… Read More

iHeartUs helps couples grow their relationship

 Today’s Valentines Day, and while it’s certainly the quintessential consumer-driven holiday, it’s also a day where many couples take stock of their relationship. iHeartUs, a new app for couples, is launching today to help those couples keep and grow their relationships. Using a proprietary ‘love language’ algorithm, iHeartUs offers personalized recommendations… Read More

Varsity Tutors lands $50 million in Series C funding

 Varsity Tutors, the learning platform founded in 2011, today announced the close of a $50 million Series C funding round led by Learn Capital. The Chan Zuckerberg Initiative and existing investor TCV also participated in the round. Varsity Tutors started as an offline service, connecting the best tutors on campus with those who needed help for IRL study sessions. Fast forward seven years and… Read More

Amazon greenlights the fifth season of Bosch

 Amazon Prime Video’s longest running hour-long original series is back for yet another season. The company has greenlit Season 5 of Bosch, the Emmy-nominated series based on Michael Connelly’s detective/crime fiction novels. Bosch follows LAPD Detective Hieronymus “Harry” Bosch as he tries to solve the most elusive cases. The fifth season is based on the novel Angels… Read More

Frank and Oak picks up $16 million Series C

 Frank and Oak, the direct-to-consumer clothing brand based out of Canada, is today announcing the close of a $16 million USD Series C funding round led by Caisse de dépôt et placement du Québec, with participation from Goodwater Capital and Investissement Québec. Frank and Oak launched in 2012 offering personalized menswear, with a recommendations newsletter that let users shop without… Read More

Quit Genius, backed by Y Combinator, wants to help you quit smoking

 Quitting smoking is one of the most difficult things a person can do. But despite the products out there to help, from nicotine patches and gum to e-cigarettes to scary PSAs and government programs, few of these products actually get people to the point where they feel confident in their new nicotine-free life. That’s where a new YC-backed company, Quit Genius, comes in. Yusuf… Read More

WeWork Labs, startup-focused co-working space, relaunches

 In 2011, WeWork ran an accelerator-type program called WeWork Labs. That program was a bit neglected as the company began to focus on other initiatives, such as international expansion, Powered By We, and acquisitions. But today, WeWork is relaunching WeWork Labs, with 27 spaces secured in 16 markets for 2018. WeWork Labs, which will be run by Chief Product Officer Roee Adler, wants to offer… Read More

PAX Labs brings on Bharat Vasan as new CEO

 PAX Labs has a new CEO. The company, which makes loose-leaf vaporizers, has brought on Bharat Vasan as Chief Executive Officer. Vasan has spent the last 15 years in consumer hardware, serving as the President and COO of August Home, which was acquired by Swedish lock maker Assa Abloy in 2017. Before August, Vasan was the cofounder of Basis (a fitness-based wearable company), which was acquired… Read More

NYC-based Notation Capital raises $27 million for second fund

 Notation Capital, the NY-based pre-seed fund that launched in 2015, has just picked up a fresh $27 million in capital to invest in to super early stage startup sin the NYC area. The fund is called Notation II, and it’s still run by Nick Chirls, who led seed investment at betaworks and helped build Alphaworks, and Alex Lines, an architect at betaworks who contributed to products like… Read More