WestCap and Peter Thiel-backed FLYR Labs closes $150M Series C

Airlines have a relatively straightforward goal — getting people in seats — but they’ve traditionally relied on inefficient and outdated statistical modeling methods to predict what prices and other conditions will sell tickets. Enter FLYR Labs. The company has developed a deep learning platform to forecast airline demand and set airfare prices, and it’s now secured … Read more

Flip bags $28M to turn beauty, wellness social commerce on its head

Social commerce startup Flip is mixing live commerce mobile apps with real customer reviews to improve the buying experience and opportunity for the creator economy. Today, the Los Angeles-based company closed on a $28 million Series A led Streamlined Ventures. Nooruldeen “Noor” Agha, a serial e-commerce entrepreneur, founded Flip in 2019 after emigrating to the … Read more

MasterClass more than triples valuation in one year

Online learning platform MasterClass has been valued at $2.75 billion in a new round of funding, sources tell CNBC. That’s more than triple its valuation from June 2020, according to Pitchbook. The company plans to use the fresh $225 million in funds to help launch a new enterprise business and expand internationally. MasterClass, which offers … Read more