Steve O'Hear, TechCrunch

Steve O'Hear

TechCrunch

United Kingdom

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Recent articles by Steve:

Flatfair, the ‘deposit-free’ renting platform, raises $11M led by Index Ventures –

Flatfair, a London-based fintech that lets landlords offer “deposit-free” renting to tenants, has raised $11 million in funding. The Series A round is led by Index Ventures, with participation from Revolt Ventures, Adevinta, Greg Marsh (founder of Onefinestay), Jeremy Helbsy (former Savills CEO) and Taavet Hinrikus (TransferWise co-founder). With the new capital, Flatfair says it […] → Read More

Business management startup vCita acquires email marketing tool WiseStamp –

Just a couple of months after disclosing a $15 million round of funding, vCita, the business management SaaS for SMEs, has made an acquisition: It’s acquiring WiseStamp, a veteran of the Israeli startup scene that launched its email marketing tool a decade ago. Unsurprisingly, terms of the deal remain undisclosed. However, I understand that vCita […] → Read More

Dostavista, the ‘crowdsourced’ same-day delivery service, raises $15M Series B –

Dostavista, the “crowdsourced” same-day delivery service founded in Russia but operating in several countries, has raised a $15 million Series B. Leading the round is Vostok New Ventures, with participation from existing investors Flashpoint, and Addventure. Founded in 2012 by Mike Alexandrovski, after he initially considered creating a game where players would be asked to […] → Read More

Rocket Internet’s Caterwings acquires German business catering marketplace Lemoncat –

Caterwings, the Rocket Internet-founded corporate catering marketplace that operates in 8 countries, has acquired German competitor Lemoncat. Terms of deal the deal remain undisclosed, although I understand from a source close to the company that it was an “8-digit all stock” deal and sees investors, which include Lukasz Gadowski, Target Global, Point 9, and Northzone, […] → Read More

London edtech startup Pi-Top sees layoffs after major contract loss –

London-based edtech startup Pi-Top has cut a number of staff, TechCrunch has learned. According to our sources the company has reduced its headcount in recent weeks, with staff being told cuts are a result of restructuring as it seeks to implement a new strategy. One source told us Pi-Top recently lost out on a large […] → Read More

Stock trading app Robinhood gets UK broker license –

Robinhood, the Silicon Valley-based stock trading app that was recently valued by investors at $7.6 billion, has received regulatory approval in the U.K., breaking cover on its plans to set up shop in London (as reported exclusively by TechCrunch 7 months ago). Specifically, Robinhood International Ltd., a Robinhood subsidiary, has been authorised to operate as […] → Read More

Brolly launches ‘Brolly Contents’ to tackle the antiquated home contents insurance market –

Brolly, the U.K. insurance app that lets you keep track of your various policies so that you are correctly and competitively covered, is launching a new product to plug what it sees as a gap in home contents insurance. Dubbed “Brolly Contents,” the new offering promises “flexible” monthly cover for all or a subset of […] → Read More

Spaceflow, the ‘tenant experience platform’, scores $1.8M investment –

Spaceflow, a startup founded out of Prague that offers a “tenant experience platform” to help landlords provide a better service, has raised $1.8 million in funding. Leading the round is Credo Ventures, with participation from Day One Capital, and UP21. The company, which also has an office in Sillicon Valley, says it will use the […] → Read More

Penta, the German business banking startup, raises €8M additional funding –

Penta, the business banking provider for small and medium sized enterprises (SMEs) that was recently acquired by fintech company builder Finleap, has raised “over” €8 million in new funding. The round is led by HV Holtzbrinck Ventures. Also participating is Finleap, alongside Fabrick, the Italian platform for open banking and fintech services, which is another […] → Read More

Monzo says it wasn’t storing ‘some’ customer PINs correctly, but has now fixed the bug –

Monzo, the fast-growing challenger U.K. challenger bank that recently soft-launched in the U.S., is disclosing a potential, albeit relatively limited, security oversight that saw customer PINs stored incorrectly within the company’s internal systems. Discovered on Friday, the “bug” has now been squashed after being spotted by one of Monzo’s security engineers, co-founder and CEO Tom […] → Read More

Digital identity startup Yoti raises additional £8M at a valuation of £82M –

Yoti, the London startup offering a digital identity platform and app that lets you prove who you say you are when accessing services or making age verified purchases, has raised £8 million in additional funding. Backing the round is unnamed private investors, Yoti employees, and Robin Tombs, the startup’s co-founder and CEO, who previously founded […] → Read More

SafetyWing raises $3.5M seed to offer medical insurance to ‘digital nomads’ –

Former British Prime Minister Theresa May once said “if you believe you are a citizen of the world, you are a citizen of nowhere”. And while that sentiment would be considered risible by just about anybody who works in today’s outward-looking technology industry, if you are a digital worker of the world, you may well […] → Read More

Minut raises $8M Series A for its camera-less home security device –

Minut, a Swedish startup that has developed a camera-less home security device that it claims protects privacy better than competitors, has raised $8 million in Series A funding. The round is led by KPN Ventures, with participation from international energy and services company Centrica. Existing backers Karma Ventures, SOSV, and Nordic Makers also followed on, […] → Read More

Legaltech startup Genie AI scores £2M seed for its ‘intelligent’ contract editor –

Genie AI, a legal tech startup and Entrepreneur First alumni, has raised £2 million in funding. The round is a combination of equity and a U.K. government grant, and will be used to continue development of the company’s “intelligent” contract editor for law firms and an upcoming product targeting GDPR compliance. Leading the £1.2 million […] → Read More

Berlin’s Visionaries Club outs two new €40M micro funds for seed and growth-stage B2B –

Visionaries Club, a new European VC focussing on B2B, is disclosing that it has raised two micro funds of €40 million each, aimed at pre-seed/seed and Series B, respectively. The Berlin-based VC firm is founded by Sebastian Pollok and Robert Lacher. Pollok was a VC at e.ventures in San Francisco and also founded Amorelie, which […] → Read More

Just Eat makes layoffs in UK and Ireland after customer and restaurant ops merged –

Just Eat, the publicly-listed takeout marketplace that has faced fierce competition from UberEats and Deliveroo in recent years, has made a round of layoffs in the U.K. and Ireland, TechCrunch has learned. Announced internally late on Friday, the redundancies are part of a reorganisation that is seeing Just Eat’s customer and restaurant operation teams merged. […] → Read More

Atomico founding partner Mattias Ljungman is leaving to start his own seed fund –

Changes are afoot at European VC Atomico, with news breaking that founding partner Mattias Ljungman is leaving to raise his own seed fund. TechCrunch understands that staff at the London-headquartered firm, which he co-founded in 2006 with Skype founder Niklas Zennström, were informed of his decision to part ways earlier today, although he won’t be […] → Read More

ContractPodAi scores $55M for its ‘AI-powered’ contract management software –

ContractPodAi, a London-based startup that has developed what it describes as AI-powered contract lifecycle management software, is disclosing $55 million in Series B funding. The round is led by U.S.-based Insight Partners, with participation from earlier backer Eagle Investment. Founded in 2012, … → Read More

Billie raises €30M for its B2B invoicing and payments platform –

Billie, the Berlin-based fintech startup that offers a B2B invoicing and payments platform, has raised €30 million in Series B funding. Leading the round is Creandum, alongside SpeedInvest, Rocket Internet’s GFC and Picus. Founded in 2017 by the same team behind SME online lending platform Zencap, which exited to Funding Circle in 2015, Billie wants […] → Read More

Raisin picks up $28M backing from Goldman Sachs for its savings and investment marketplace –

Raisin, the fintech startup that offers a pan-European marketplace for savings and investment products, has picked up additional funding. Goldman Sachs has invested $28 million (€25m), following the company’s $114 million in Series D in February. The new capital will be used by Raisin to build out its U.S. presence ahead of a 2020 launch […] → Read More