Reid Hoffman, Bill Gates, Sam Altman invest $30 million in Change.org

 LinkedIn co-founder Reid Hoffman announced today that he’s making a big bet on Change.org, the site for social justice petitions. Hoffman is leading a $30 million round, with other investors including big names like Bill Gates and Y Combinator president Sam Altman. “Change.org, the global hub for collective action, is a crucial democratizing force in this era of growing civic… Read More

KidPass raises $5.1 million for its children’s activity subscription service

 KidPass, a monthly membership program that gives parents access to a variety of kid-friendly activities across their city, has raised $5.1 million in Series A funding, the startup reported this week. Currently live in New York, the new funds will allow the service to expand to new markets including L.A., San Francisco, Seattle, Boston, Philadelphia, Washington D.C., and Chicago. The round was… Read More

Snap said to leverage discounts to drive growth

 After a painful first-quarter miss, Snap, the parent company of the popular social app Snapchat, is looking to avoid the same fate in the second. According to Digiday, Snap is working to drive new and increased business ahead of the end of its second quarter. To do so, the company is said to be cutting deals. In the words of the report, Snap is “looking to goose its ad business with… Read More

Sana Health aims to stop insomnia with smart goggles

 When Solar Impulse pilot Bertrand Piccard set out to fly around the world in a plane that uses no fuel, he knew he wasn’t going to get much rest. During the journey, he would be able to sleep, at a maximum, three hours per day with rest meted out in twenty-minute intervals. The plane, which could only accommodate one aviator, required a human systems check every twenty minutes. For part… Read More

Payment firm Soft Space raises $5M to expand in Southeast Asia and Japan

 Soft Space, a payment provider in Southeast Asia, has close its $5 million Series A as it looks to expand across the region, and potentially into Japan. Kuala Lumpur, Malaysia-based Soft Space works with large enterprise customers, typically banks, to offer customized solutions for mobile payment, both at point-of-sale and other parts of the process. Typically these solutions are white-labeled. Read More

Funding for real estate challenger Spruce shows New York’s startup scene is thriving

 Spruce, a new startup looking to speed up the mortgage, has raised $4.5 million in its series A financing from Bessemer Venture Partners, Omidyar Network, and Third Prime Capital along with a slew of private angel investors. Founded by two former employees of the robo-advisory wealth management company Betterment, the new startup is notable for a few reasons. First, it’s yet another… Read More