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Traded: Venture Capital
@TradedVC
recent company Raises, Mergers & Acquisitions + memes • VC intel for those who don't have time
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Highstock, a New York City-based AI-native B2B marketplace, raised $30 million in Series A funding from Andreessen Horowitz (a16z). Founded and led by CEO Camille van Horne, with Sean Cashin as CTO, Highstock enables brands to discreetly sell unsold inventory to vetted global wholesale buyers, handling fulfillment end to end; the company launched in beauty and is now expanding into apparel. FUN FACT: CEO Camille van Horne spent six years running Instacart’s end-to-end fulfillment, and teamed up with fellow Instacart alum Sean Cashin (CTO) to build a brand-safe way to move excess inventory. In just over a year, they’ve listed more than $1B in inventory, signed 100+ major brands, and kept 10M+ pounds of product out of landfills. Live sellers who used to source inventory through archaic WhatsApp threads now order on the platform daily. FOUNDERS: Camille van Horne & Sean Cashin INVESTORS: Andreessen Horowitz AMOUNT: $30,000,000 HQ: New York City, New York #VentureCapital# #Highstock# #TradedPartner# #CamillevanHorne# #TradedVC#
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Genius AI, a New York City-based AI company building technology that helps service businesses automate tasks like client communications, scheduling, marketing, and payments, has raised a $44 million Series D led by Lux Capital at a $1.15 billion valuation. The round also included participation from Bessemer Venture Partners, Imaginary Ventures, L Catterton Growth Fund, 2048 Ventures, and StepStone Private Ventures, bringing the company’s total funding to more than $125 million. Led by CEO and co-founder Danielle Cohen-Shohet, Genius AI now powers more than 125,000 businesses across half of all U.S. ZIP codes, is approaching a $200 million revenue run rate, and says its platform has saved customers 112 million administrative hours while helping generate an additional $2 billion in revenue. FOUNDERS: Danielle Cohen-Shohet & Leah Cohen-Shohet INVESTORS: Lux Capital, Bessemer Venture Partners, Imaginary Ventures, L Catterton Growth Fund, 2048 Ventures & StepStone Private Ventures ROUND: Series D AMOUNT: $44,000,000 VALUATION: $1,150,000,000 HQ: New York City, New York #VentureCapital# #GeniusAI# #TradedPartner# #DanielleCohenShohet# #TradedVC#
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