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Content writer says all of his clients replaced him with ChatGPT

Content writer says all of his clients replaced him with ChatGPT
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
June 6, 2023

What We're Reading

  • Content writer says all of his clients replaced him with ChatGPT [Business Insider]
  • Gen Z is investing younger than any past generation and American GenZers are leading the way—with crypto acting as the gateway drug [Fortune]
  • Elon Musk’s Twitter hires another ad-focused executive to bolster its business even as its content moderation team bleeds key leaders [Fortune]
  • Spotify will cut 200 jobs in its podcast unit [TechCrunch]

Trending Companies


Fortify, a materials science and additive manufacturing company, raises $12.5MM Equity Funding from Lockheed Martin Ventures.

3D Printing • Boston, MA • Post-Money Valuation


GetYourGuide, a software company that provides a booking platform for exploration experiences, raises $85MM Series F from Blue Pool Capital.

Travel • Zurich, Switzerland


Alcion, a developer of an AI-driven data protection platform for Microsoft 365, raises $8MM Seed from Lip-Bu Tan.

SaaS • Santa Clara, CA • Post-Money Valuation


Electrada, an owner and operator of electric vehicle charging infrastructure and related energy assets, serving multiple transportation segments using its unique 360 Charging-as-a-Service solution, raises $22MM Equity Funding from BlackRock Private Equity Partners.

Automotive • Cincinnati, OH • Post-Money Valuation


Chamberlain Coffee, a producer and retailer of organic coffee, raises $7MM Equity Funding from Blazar Capital.

Beverages • Beverly Hills, CA • Post-Money Valuation


Demox Labs, a company that provides privacy-preserving wallet for web3, raises $4.5MM Pre-Seed from HackVC.

Blockchain • Walnut Creek, CA • Post-Money Valuation


Modulo Bio, a biotechnology company that provides a neuroimmune platform that aims to cure neurodegenerative disorders, raises $8MM Equity Funding from Initialized Capital.

Neuroscience • San Diego, CA • Post-Money Valuation


Swing Education, a platform provider for substitute teachers, raises $38MM Series C from Apax Partners.

Education • Thousand Oaks, CA • Post-Money Valuation


Beehive AI, a platform dedicated to analyzing unstructured customer data, raises $5.1MM Seed from Valley Capital Partners.

Intelligent Systems • South San Francisco, CA • Post-Money Valuation


Realta Fusion, a firm that provides fusion energy, raises $12MM Seed from Khosla Ventures.

Energy • Madison, WI • Post-Money Valuation


Since last week, PrivCo has added or updated:
660 Companies | 78 Funding Rounds | 62 M&A Deals

MindsDB, a company that developed an open source applied machine learning (ML) platform that enables developers to create AI-centered applications, raises $25MM Seed from Mayfield.

Enterprise Software • San Jose, CA • Post-Money Valuation, a firm that focuses on analyzing and automating customer support workflows, raises $6.6MM Equity Funding from Caffeinated Capital.

SaaS • San Mateo, CA • Post-Money Valuation


Chairish, an online marketplace for buying and selling antique and vintage furniture, raises $9.1MM Equity Funding from undisclosed investors.

Home Decor • San Francisco, CA • Post-Money Valuation


Trinity Capital invests in Revelle Aesthetics, a medical device company that develops solutions to reduce cellulite.

Women Care • Mountain View, CA • Deal


RIBBIT acquires Validifi, a provider of bank and payment data for account opening, management, payment facilitation, risk mitigation and compliance.

Fintech • Boca Raton, FL • Deal


Ben E. Keith acquires Orrell’s Food Service, a company that offers food products and services.

Food • Linwood, NC • Deal


Madison Dearborn Partners, a private equity investment firm, completes its acquisition of Moneygram International, a company that provides money transfers whether online, in-app or at a kiosk.

Payment Processing • Dallas, TX • Deal


Aptean acquires Totalogistix, a firm that provides cloud-based transportation management systems.

Supply Chain Management • Sparta, NJ • Deal 


Marsh McLennan Agency acquires Solv Risk Solutions, an agency that provides risk management advisory services.

Risk Management • Austin, TX • Deal


Viemed Healthcare completes acquisition of Home Medical Products, a provider of medical-equipment products to meet the needs of patients in the home.

Home Health • Jackson, TN • Deal

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