PIN (Power in Numbers)

Top 5 funding rounds of the week: 📌 1. Didero - A six-month-old New York startup using AI to automate procurement tasks for mid-sized companies. Founded by: Tim Spencer Raised: $7 million in seed funding from First Round Capital, Construct Capital, AI Grant, Box Group, Company Ventures, and Conviction. 📌 2. OurRitual - a New York startup offering expert-led sessions and self-guided work to improve relationships. Founded by: David Pruwer Raised: $5.2 million in seed funding from Venrex, FJ Labs, Active Partners, GroundUp Ventures, 97212 Ventures, Samsung, Learn VC, Gaingels, Tiferes Ventures, Ventures Together, Liebenthal Ventures, and Rose Street Capital. 📌 3. POSH - a startup offering an app for event management, attendee tracking, and promotion. Founded by: Avante Price Raised: $22 million in Series A from Goodwater Capital, FirstMark Capital, Companyon Ventures, and Epic Ventures 📌 4. Momentum - a San Francisco startup providing an AI-driven platform for automating sales call notes, syncing data with Salesforce, and delivering insights. Founded by: Santiago Suarez Ordoñez, Ashley Wilson & Moiz Virani Raised: $13 million in Series A from FirstMark Capital, Stage 2 Capital, Basis Set Ventures, and Leadout Capital 📌 5. Aviato - a San Francisco startup led by a 17-year-old CEO that tracks funding rounds and headcounts for startups. Founded by: Eric Zhu Raised: $2.3 million in seed funding. Investors included 8VC, Soma Capital, and SoftBank Congrats to all these newly funded startups! 👏

All successful companies have 1 common denominator: Incredible alumni groups that have founded their own companies. If you're a dev or programmer, there's one company that you know stands out: GitHub. GitHub was founded in 2008 by Tom Preston-Werner, Chris Wanstrath, PJ Hyett, and Scott Chacon. Microsoft acquired the mega successful company in 2018 at a valuation of $7.5 billion. This week, we're diving into GitHub's ever-growing tech mafia group. Quick stats: 💰 Number of companies founded by GitHub alumni: 61 💰 Money raised by GitHub alumni: $840M Here are 10 founders & companies to check out + more in the full article: 📌 1. poolside - an artificial intelligence platform that offers foundation concepts and infrastructure →Founder: Jason Warner →GitHub Role: CTO 📌 2. Oxide Computer Company - builds high-density, efficient, and secure server racks →Founder: Jessie Frazelle →GitHub Role: Staff Software Engineer 📌 3. Zed Industries - writing software collaboratively →Founder: Max Brunsfeld, Nathan Sobo →GitHub Role: Senior Software Engineer, Staff Engineer 📌 4. Sentry - developer of an application monitoring platform that helps developers optimize the performance of their code →Founder: Chris Jennings →GitHub Role: Product Designer 📌 5. Stellate - offers cloud-based solutions to optimize GraphQL APIs, improving performance, security, and cost-efficiency →Founder: Max Stoiber →GitHub Role: Software Engineer 📌 6. Chatterbug - platform to learn languages →Founder: Liz Clinkenbeard, Russell Belfer, Scott Chacon, Tom Preston-Werner →GitHub Role - Vice President of Communications, Cofounder & CIO, Cofounder (CTO, CEO) 📌 7. Cased - provides a modern terminal for teams and a platform for production work →Founder: Ben Bleikamp, Brian Byrne, Ted Nyman →GitHub Role: Director of Product, Product Lead, CTO / VP Engineering 📌 8. Rewatch - a secure video hub for teams   →Founder: Connor Sears, Scott Goldman →GitHub Role: Senior Director of Product Design, Principal Engineer 📌 9. Supernormal - an AI-powered tool for remote teams →Founder: Fabian Perez →GitHub Role: Director of Product Design 📌 10. Anvil - a paperwork automation platform →Founder: Ben Ogle →GitHub Role: Senior Software Engineer Other members: Mike McQuaid & John Britton form Workbrew, Ken Johnson from DryRun Security, Teja Nanduri from Diana AI, Srinjoy Majumdar from Shasta Health, Mariam Sulakian & Grey Baker from Pincites, Ricardo Medina from AnySignal, Conrad Wilkinson Schwarz from Baubap, and more. If we missed anyone, tag them in the comments below! ❗Quick plug: Are you a GitHub Tech Mafia member interested in bringing your community together to invest in innovative ventures (and enjoy potential profits and other perks along the way)? Or perhaps you're part of another dynamic group that could be a fantastic source of startup investments? 😉 Then sign up to our waitlist. https://www.getpin.xyz/ #startups #techmafia #github

This week in tech mafia news: the GitHub Mafia ❗ ❗ Quick stats: 📌 Number of companies founded by GitHub alumni: 61 📌 Money raised by GitHub alumni: $840M Stay tuned for the full breakdown later this week!

Scott Banister is a prominent American entrepreneur, angel investor, and technology innovator. He: ➝ co-founded IronPort Systems, which Cisco Systems acquired for $830 million ➝ was one of the early investors in PayPal and a member of the PayPal Mafia, working closely with Elon Musk and Peter Thiel ➝ is a supporter of the Thiel Fellowship, a program created by Peter Thiel that grants $100,000 to young people to pursue their entrepreneurial ideas instead of attending college ➝ is an advocate for space exploration Here are some of his most notable startup investments: 🚀 SpaceX ($210B valuation) 🚀 Uber ($141B valuation) 🚀 Palantir Technologies ($64B valuation) 🚀 Flexport ($8B valuation) 🚀 Fivetran ($5.6B valuation) 🚀 Checkr, Inc. ($4.6B valuation) 🚀 Thumbtack ($3.2B valuation) 🚀 AtoB ($182M raised in funding) 🚀 Wonolo ($190M raised in funding) That's some 🔥 stuff right there.

Who will be the key winners in Alphabet's (Google's parent company) biggest acquisition ever? 𝐂𝐨𝐧𝐭𝐞𝐱𝐭: Google owner Alphabet is about to make its biggest acquisition by buying fast-growing cybersecurity startup Wiz for roughly $23 billion. The deal would not only strengthen Google’s competitive edge against Microsoft, but also yield substantial returns for Wiz’s investors. 💰 Key winners: 📌 𝐕𝐞𝐧𝐭𝐮𝐫𝐞 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐅𝐢𝐫𝐦𝐬 ↳Index Ventures: With an 11% stake, Index could see a return of $2.5 billion. ↳Sequoia Capital: Holding 10%, Sequoia stands to gain $2.3 billion. ↳Insight Partners: Their 9% share could translate to $2 billion. ↳Greenoaks Capital: A 5% stake worth $1.1 billion. ↳Cyberstarts: Early backers with a 4% stake, poised for a $920 million return. ↳Lightspeed Venture Partners: Another 4% stake worth $920 million. ↳Advent International, Thrive Capital, Andreessen Horowitz, and others also have significant stakes, making this a monumental event for all involved. 📌 𝐖𝐢𝐳 𝐅𝐨𝐮𝐧𝐝𝐞𝐫𝐬 ↳Assaf Rappaport, Ami Luttwak, Yinon Costica, and Roy Reznik each own 9.5% of Wiz, potentially making $2.2 billion each. 📌 𝐆𝐨𝐨𝐠𝐥𝐞 𝐂𝐥𝐨𝐮𝐝 ↳Integrating Wiz’s cutting-edge cloud security solutions will help Google Cloud compete more effectively with Microsoft and AWS, targeting $1 billion in ARR by mid-2025. 📌 𝐖𝐢𝐳 𝐓𝐞𝐚𝐦 𝐚𝐧𝐝 𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫𝐬 ↳The acquisition promises continued innovation and enhanced security offerings for existing and new customers, especially those in Fortune 500 companies and smaller businesses. Once the deal goes through, it's definitely going to be a big pay day for all the investors involved.

Top 5 funding rounds of the week: 📌 1. CatalYm GmbH - a biotech startup focused on cancer therapies Founded by: Phil L'Huillier Raised: $150 million in Series D funding from Canaan Partners and Bioqube Ventures 📌 2. Kandji - helping companies manage their growing list of Apple devices Founded by: Adam P. and Mark Daughters Raised: $100 million from General Catalyst 📌 3. Standard Bots - developing AI-powered robots Founded by: Evan Beard and David Golden Raised: $63 million in Series B funding from General Catalyst, Amazon Industrial Innovation Fund, and Samsung Next 📌 4. Exa - building a tool that allows AI models to perform web search with an AI-native twist Founded by: Will Bryk, Jeffrey Wang Raised: $17 million in Series A funding from Lightspeed’s Guru Chahal, Nvidia’s NVentures, and Y Combinator 📌 5. Echo Chunk AI - creating a Wordle-styled daily chess puzzle game called Echo Chess Founded by: Sami Ramly Raised: $1.4 million in pre-seed funding from Andreessen Horowitz’s a16z Speedrun, Zynga founder Mark Pincus, South Park Commons, Opendoor founder Eric Wu, and Stef Corazza, head of Generative AI at Roblox Congrats to everyone! 👏

Bain Capital manages over $155 billion in assets across a diverse range of sectors. This week we're taking a look at the companies founded by Bain Capital's alumni group. So far, 46 companies have been founded by Bain Capital alumni & $2.4B raised. Here are 10 top founders & companies: 📌 1. Astroscale - provides on-orbit services to create sustainable space systems and mitigate the buildup of debris in space Founder: Nobu Okada Bain Role: Vice President 📌 2. Expert360 - empowers thousands of organisations to build, scale and manage flexible, on-demand workforces Founder: Bridget Loudon Bain Role: Project Consultant 📌 3. Mural Health - develops technology for clinical trials and is committed to making it simple for people to take part in studies Founder: Jason Dong Bain Role: PE 📌 4. Proper Food - a new fast-casual food and beverage concept offering delicious, wholesome, grab-and-go fare, designed for the food savvy Founder: Dana Bloom Bain Role: Associate 📌 5. Clarity AI - a sustainability technology platform that uses machine learning to deliver environmental and social insights to investors Founder: Rebeca Minguela Bain Role: Senior Associate 📌 6. Selina Finance - provides loans to small and medium businesses in the form of flexible credit facilities Founder: Hubert Fenwick Bain Role: Private Equity Associate 📌 7. CommandBar - helps product, growth, and CX teams teams unleash their users with AI chat and in-product nudges Founder: James Evans Bain Role: Private Equity Analyst 📌 8. Casper Labs - delivers applications and services that drive revenue and radical efficiency for companies and governments Founder: Mrinal Manohar Bain Role: Associate 📌 9. True&Co - an online retail site allowing shoppers to find perfect-fitting bras by answering a simple quiz Founder: Michelle Lam Bain Role: Principal 📌 10. At-Bay - a cybersecurity insurance company that provides businesses meet digital risk Founder: Roman Itskovich Bain Role: Senior Associate More founders from this tech mafia group: Eric Kinariwala from Capsule, Weston Gaddy from Radian Capital, Ryan Caldbeck from CircleUp, Tapan Maniar from Aiolos Bio, Andrew Chung from 1955 Capital, Jake B. from Cann, Ming S. Zhao from Proven Skincare, Jesse Choi from Reku, Vera Makarov from Apli, Allison Rapaport from Every Mother. More members in the full article at the link in the comments. 👇 ❗Quick plug: Are you a Bain Capital Mafia member interested in bringing your community together to invest in innovative ventures (and enjoy potential profits and other perks along the way)? Or perhaps you're part of another dynamic group that could be a fantastic source of startup investments? 😉 Then sign up to our waitlist. https://www.getpin.xyz/ #startups #techmafia #baincapital

Don't miss our CEO Steph Mui later today + Zehra Naqvi! Steph will talk about how you can invest in top startups as an unaccredited investor! Register below if you haven't yet! 3PM EST! https://lnkd.in/dcqQ-STY

Bain Capital manages over $155 billion in assets across a diverse range of sectors and geographies, including technology, healthcare, consumer products, financial services, and industrials. And this week we're diving into the Bain Capital tech mafia group. Quick stats: 📌 46 companies founded by Bain Capital alumni 📌 $2.4B raised by Bain Capital alumni Stay tuned for the full breakdown!

Peter Reinhardt is the CEO of Charm Industrial, a carbon removal technology company valued at $500M. He previously: → studied aerospace engineering at MIT → fell into the world of customer data and analysis when he and three of his college friends started Segment in 2011 as part of YC. Segment raised $300M from top tier investors like Accel, NEA, and Thrive Capital. Prior to starting Segment, Peter was a Research Assistant at the Naval Postgraduate School, where he wrote and designed flight software for the NPS-SCAT Cubesat, a platform which tests solar cells while they’re in orbit. Here are some of his most notable startup investments: 🚀 Retool ($3.2B valuation) 🚀 Newfront ($500M valuation) 🚀 Evergrow ($14M raised in funding) 🚀 Magrathea ($12M raised in funding) That's some 🔥 stuff right there.