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X still struggles to grow subscription revenue

X still struggles to grow subscription revenue
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
October 16, 2024

What We're Reading

  • Elon Musk’s X still struggles to grow subscription revenue [TechCrunch]
  • Spotify is adding music video support in 85 additional markets [TechCrunch]
  • OpenAI snatches up Microsoft generative AI research lead [TechCrunch]
  • YouTube gets better playback speed controls, collaborative playlists in new update [TechCrunch]

Trending Companies

 

Holobiome, a biotechnology firm intended to solve the complexities of the human gut microbiome, raises $9MM Seed from iSelect Fund.

Biotechnology • Boston, MA • Post-Money Valuation

 

Prime, a firm that enables application and product security teams to scale security seamlessly at the design stage of software development, raises $6MM Seed from Foundation Capital.

Security Systems • Metuchen, NJ • Post-Money Valuation

 

Wayvee, a developer of customer analytics that offers real-time customer satisfaction and engagement monitoring for in-store retail, raises $5MM Seed from Tetrad.vc.

Analytics • New York, NY • Post-Money Valuation

 

Glooko, a digital health company that offers a diabetes management platform, raises $100MM Series F from Georgian Partners Capital.

Remote Patient Monitoring • Palo Alto, CA • Post-Money Valuation

 

ChargeItSpot, a company that provides free and secure cell phone charging stations, raises $19.8MM from Undisclosed Investors.

Consumer Services • Philadelphia, PA • Post-Money Valuation

 

Imprint, a company that develops payments and loyalty platform, raises $75MM Series C from Khosla Ventures.

Payment Processing • New York, NY • Post-Money Valuation

 

MiLaboratories, a biotech company developing a leading software platform for immune repertoire profiling, raises $10MM Series A from K Fund.

Genetics • San Francisco, CA • Post-Money Valuation

 

Scope3, a company that operates supply chain emissions data platform, raises $25MM Equity Funding from GV.

Supply Chain Management • New York, NY • Post-Money Valuation

 

Zeal, a company that develops a campaign tracking platform designed to automate payroll, raises $15MM Series B from Portage Ventures.

Automation • San Francisco, CA • Post-Money Valuation

 

Suki, a company that provides AI-powered voice solutions for healthcare, raises $70MM Series D from Hedosophia.

Voice Assistant • Redwood City, CA • Post-Money Valuation

 

 

Imperative Logistics acquires Jamco International, a cross-border trade and logistics service provider.

Freight • Laredo, TX • Deal

 

FE International acquires DropFunnels, a marketing software developer that helps users to create an authority blog, and build high-converting sales funnels.

Digital Marketing • Osceola, WI • Deal

 

AmerCareRoyal acquires Mat-PAC, a company that operates in the commercial equipment & supplies distributors industry.

Contract Packaging • Howell, NJ • Deal

 

Circumference Group acquires Visionary Integration, offers a diverse solution portfolio that allows organizations to better align strategy to execution.

DevOps • Folsom, CA • Deal

 

LendingClub intends to acquire Tally Technologies, a financial automation company that offers a platform to help automate credit card debt payment services and analyzes customer financial profiles to pay debt easily.

Automation • San Francisco, CA • Deal

 

SupplyOne acquires Gulf Packaging, a supplier of corrugated shipping boxes and supplies.

Packaging • Bay Minette, AL • Deal

 

Onspire Health Marketing acquires Aesthetic Brand Marketing, a boutique medical marketing agency with distinct expertise in servicing the elective health care industry.

Marketing • Carlsbad, CA • Deal

 

Vision Service intends to acquire Eyemart Express, a provider of affordable and quality eyewear.

Eyewear • Farmers Branch, TX • Deal

 

Charles Schwab invests in Dynasty Financial Partners, a company that provides wealth management and technology platforms for select independent financial advisory firms.

Brokerage • St. Petersburg, FL • Deal

 

Tacoma and Hoyt acquires Jackalope Brewing, a craft brewery company.

Brewers • Nashville, TN • Deal

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