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Photo App Poparazzi Set To Reach $100 Million-Plus Valuation In Benchmark-Led Round Days After Launch

Photo App Poparazzi Set To Reach $100 Million-Plus Valuation In Benchmark-Led Round Days After Launch Share to Facebook Share to Linkedin Austen Ma and Alex Ma, TTYL s founders, are raising a big round for their new app Poparazzi. Daniel Nguyen Photography / TTYL Days after reaching the top of Apple’s App Store, Poparazzi and founders Alex and Austen Ma are set to raise funding from venture capitalist investors that will value the buzzy new photo sharing app at as much as $135 million just days after launch. Benchmark is set to lead the new funding round in Poparazzi, multiple sources tell Forbes, amid interest from a coterie of fellow consumer tech-minded firms whose partners have recently flocked onto the app. The Bay Area-based firm behind Snap, Twitter and Uber has committed to value Poparazzi at more than $100 million, the sources add, with one source saying Benchmark’s offer could invest $13.5 million for 10% of Poparazzi. The round is expected to close at between $

Why VCs Are Obsessed With No-Selfie Photo App Poparazzi

BIPOC Micro-Schooling Company Raises $8 1 Million In Funding, Allowing for Expansion

(iStock.com) An alternative to traditional public education or remote learning, microschools have been surging in popularity since the COVID-19 pandemic hit last year. Microschools, also known as pods, essentially can be little neighborhoods that allow small children groups to learn jointly at private homes. Some businesses are benefiting as demand for the services gain traction. For instance, take SchoolHouse, a BIPOC-founded micro-schooling company that matches parents with educators to create at-home schools. The firm just raised $8.1 million in its first round of funding since launching in 2020 and experiencing rapid growth late last year. Among its high-profile investors are Chelsea Clinton from Metrodora Ventures, Chris Paik and Jordan Cooper from Pace Capital, along with Bungalow and Trust Capital.

The Midas Brink List: Meet Venture Capital s Up-And-Comers For 2021

The Midas Brink List: Meet Venture Capital s Up-And-Comers For 2021
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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