News – Spark Capital http://www.sparkcapital.com Dedicated to the creation of revolutionary new business Fri, 04 Aug 2017 21:19:46 +0000 en-US hourly 1 http://sparkcapital.com/wp-content/uploads/2017/02/favicon.png News – Spark Capital http://www.sparkcapital.com 32 32 Silicon Valley Is Trying to Reinvent Health Care, Starting in New Jersey http://www.sparkcapital.com/news/silicon-valley-trying-reinvent-health-care-starting-new-jersey/ Wed, 07 Dec 2016 20:20:48 +0000 http://sparkcapital.com/?post_type=news&p=4102 Tech investors have injected about $300 million into Clover Health, an insurance startup attempting to use data... Read more »

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Tech investors have injected about $300 million into Clover Health, an insurance startup attempting to use data to keep its customers healthy.

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America’s newest stock exchange has made a big Wall Street hire http://www.sparkcapital.com/news/americas-newest-stock-exchange-made-big-wall-street-hire/ Wed, 07 Dec 2016 20:07:17 +0000 http://sparkcapital.com/?post_type=news&p=4101 IEX, America’s newest stock exchange, calls itself The Investors Exchange. Now, it wants to become... Read more »

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IEX, America’s newest stock exchange, calls itself The Investors Exchange.

Now, it wants to become the exchange for some of America’s biggest companies, too.

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Taking The Pain Out Of Cross-Border Medical Payments http://www.sparkcapital.com/news/taking-pain-cross-border-medical-payments/ Thu, 25 Aug 2016 19:02:21 +0000 http://sparkcapital.com/?post_type=news&p=4085 Thanks to the internet and low-cost air travel, patients from around the world refuse to... Read more »

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Thanks to the internet and low-cost air travel, patients from around the world refuse to let borders stand in the way of getting the best possible medical care for a variety of maladies. Patients today go abroad to gain access to more affordable procedures, specialized medical treatments and even, for some, shorter wait times. And hospital and clinics eagerly await their arrival since they are guaranteed immediate payment for services – payments may go cross-border but insurance plans usually don’t.

As a result, the global market for international patient care has reached $40 billion and is expected to grow at a rate of 15 to 20 percent each year.

Though this emerging “medical tourism” landscape can bring many benefits to both the patients seeking care and the hospital organizations looking to make services available, international health care payments can be challenging.

To keep up with the growing demand from hospitals looking to welcome and serve international patients, Flywire announced today the expansion of its health care client roster to help address an increasingly competitive and fast-moving medical tourism market.

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Steven A. Cohen’s Newest Bet: Do-It-Yourself Computer Traders http://www.sparkcapital.com/news/steven-cohens-newest-bet-computer-traders/ Wed, 27 Jul 2016 15:26:47 +0000 http://www.sparkcapital.com.php54-4.ord1-1.websitetestlink.com/?post_type=news&p=4069 Steven A. Cohen is betting as much as a quarter billion dollars that mechanical engineers... Read more »

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Steven A. Cohen is betting as much as a quarter billion dollars that mechanical engineers and nuclear scientists can come up with market-beating mathematical models in their spare time.

The investment of as much as $250 million will go to a hedge fund launched by Boston investment firm Quantopian. That fund provides money to do-it-yourself traders who come up with the best computerized investing methods, giving a share of any profits to the creators.

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Sift Science raises $30 million to predict and prevent fraud everywhere online http://www.sparkcapital.com/news/sift-science-raises-30-million-predict-prevent-fraud-everywhere-online/ Tue, 19 Jul 2016 15:42:41 +0000 http://www.sparkcapital.com.php54-4.ord1-1.websitetestlink.com/?post_type=news&p=4061 To predict and prevent fraud online even more quickly than cybercriminals adopt new tactics, Sift... Read more »

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To predict and prevent fraud online even more quickly than cybercriminals adopt new tactics, Sift Science has raised $30 million in a Series C round of venture funding in a round led by Insight Venture Partners.

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Pixie raises $18.5M to help find your lost stuff through mesh networking and augmented reality http://www.sparkcapital.com/news/pixie-raises-18-5m-help-find-lost-stuff-mesh-networking-augmented-reality/ Tue, 19 Jul 2016 14:06:45 +0000 http://www.sparkcapital.com.php54-4.ord1-1.websitetestlink.com/?post_type=news&p=4058 Pixie Technology (“Pixie”), a startup that sells Bluetooth LE-connected fobs to help you locate pretty... Read more »

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Pixie Technology (“Pixie”), a startup that sells Bluetooth LE-connected fobs to help you locate pretty much any item you fear losing, has raised $18.5 million in a series B round led by Spark Capital, with participation from Cedar Fund, OurCrowd, and a slew of private investors.

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Talkspace online therapy platform raises $15 million Series B http://www.sparkcapital.com/news/talkspace-online-therapy-platform-raises-15-million-series-b/ Tue, 14 Jun 2016 19:01:22 +0000 http://www.sparkcapital.com.php54-4.ord1-1.websitetestlink.com/?post_type=news&p=4047 Talkspace, the startup that offers therapy via an app, has today announced the close of... Read more »

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Talkspace, the startup that offers therapy via an app, has today announced the close of a $15 million Series B funding round led by Norwest Venture Partners. Other participants in the round include existing investors such as Spark Capital, Soft Bank, Metamorphic Ventures and TheTime.

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Skillshare books $12 million to take its education platform international http://www.sparkcapital.com/news/skillshare-books-12-million-take-education-platform-international/ Fri, 27 May 2016 15:58:35 +0000 http://www.sparkcapital.com.php54-4.ord1-1.websitetestlink.com/?post_type=news&p=4038 Edtech startup Skillshare Inc. has raised a $12 million round of venture funding to grow... Read more »

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Edtech startup Skillshare Inc. has raised a $12 million round of venture funding to grow its marketplace of “bite-sized, self-paced courses for creators,” according to founder and CEO Michael Karnjanaprakorn.

Amasia and Omidyar Network co-led the Series B investment in Skillshare joined by Union Square Ventures and Spark Capital. The funding brings the company’s total capital raised to $22 million to-date.

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Small businesses find a Nift-y way of sending each other customers http://www.sparkcapital.com/news/small-businesses-find-nift-y-way-sending-customers/ Mon, 16 May 2016 17:12:17 +0000 http://www.sparkcapital.com.php54-4.ord1-1.websitetestlink.com/?post_type=news&p=4032 Nift, a Cambridge startup that helps small businesses send customers to each other, has raised... Read more »

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Nift, a Cambridge startup that helps small businesses send customers to each other, has raised $3 million in seed funding.

With many small businesses struggling to stay afloat against e-commerce and big-box stores, Nift has created a network for small businesses to send each other new customers.

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Affirm secures $100M in Series D funding to expand beyond loans http://www.sparkcapital.com/news/affirm-secures-100m-series-d-funding-expand-beyond-loans/ Wed, 13 Apr 2016 14:14:12 +0000 http://www.sparkcapital.com.php54-4.ord1-1.websitetestlink.com/?post_type=news&p=4018 Affirm, the alternative lending site started by PayPal co-founder Max Levchin, has raised a $100M... Read more »

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Affirm, the alternative lending site started by PayPal co-founder Max Levchin, has raised a $100M Series D led by fellow PayPal co-founder Peter Thiel’s Founders Fund.

The all equity round, which was confirmed to TechCrunch by the company, also included participation from existing investors including Lightspeed Venture Partners, Spark Capital, Khosla Ventures, Andreessen Horowitz, and Jefferies.

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