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Stripe in talks to acquire Bridge for $1 billion

Stripe in talks to acquire Bridge for $1 billion
PrivCo's Daily Stack ® is a daily financial newsletter, where you'll find the latest fundings and deals in the private market.
October 21, 2024

What We're Reading

  • Stripe in talks to acquire Bridge for $1 billion [TechCrunch]
  • The surprising way OpenAI could get out of its pact with Microsoft [TechCrunch]
  • Amazon indicates employees can quit if they don’t like its return-to-office mandate [TechCrunch]
  • Automattic offered employees another chance to quit — this time with nine months’ severance [TechCrunch]

Trending Companies

 

Nuclera, a biotechnology company focused on a protein prototyping system that reduces the timelines and hurdles to acquire target proteins in drug discovery programs, raises $75MM Equity Funding from Elevage Medical Technologies.

Prototyping • Impington, United Kingdom

 

Decagon, a company that develops customer support software, raises $100MM Series B from Bain Capital Ventures.

Customer Service • San Francisco, CA • Post-Money Valuation

 

Strella, a company that provides solution that allow innovative product teams to run fast, continuous user research using AI, raises $4MM Seed from Decibel Partners.

Artificial Intelligence • New York, NY • Post-Money Valuation

 

Zinnia, a company that provides insurance software solutions, raises $300MM Equity Funding from Vista Credit Partners.

Insurtech • Topeka, KS • Post-Money Valuation

 

Chargie, a company that provides electric vehicle charging solutions, receives a $9.3MM Grant from California Energy Commission.

Charging-as-a-Service • Culver City, CA • Post-Money Valuation

 

Healthie, a company that develops a practice management and telehealth platform, raises $23MM Series B from Technology Crossover Ventures.

Telehealth • New York, NY • Post-Money Valuation

 

King Energy, a provider of solar energy solutions for multi-tenant commercial properties, raises $10MM Equity Funding from ArcTern Ventures.

Climatetech • Durango, CO • Post-Money Valuation

 

Lamarr.AI, an autonomous software developer for image analysis, photogrammetry, and building energy simulation to reduce audit errors and life-threatening conditions for inspectors, raises $1.1MM Seed from Hazelview Ventures.

Artificial Intelligence • Atlanta, GA • Post-Money Valuation

 

Platformr, a firm that develops a cloud governance platform for firms to deploy Amazon web services (AWS) resources with the flexibility to scale as their business grows, raises $2.5MM Seed from Oregon Venture Fund.

DevOps • Bend, OR • Post-Money Valuation

 

MDisrupt, a developer of an enablement platform for digital health designed to connect health experts with digital health companies, raises $1MM in Equity Funding from American Heart Association Ventures.

Life Sciences • Austin, TX • Post-Money Valuation


 

 

Sunbird Bio, a company that develops protein-based diagnostic tests, raises $14MM Equity Funding from Eli Lilly and Company.

Biotechnology • Cambridge, MA • Post-Money Valuation

 

EarthDaily Analytics acquires Descartes Labs, a technology company that automates the analysis of geospatial data to help organizations answer key questions about the physical world.

Analytics • Santa Fe, NM • Deal

 

Sony Corp acquires Kinatrax, a firm that develops 3D in-game marker-less motion capture technology.

Augmented Reality • Boca Raton, FL • Deal

 

Flowserve acquires MOGAS Industries, a  manufacturing firm that offers severe service valves, surface engineering and coating, modular process units, and aftermarket support.

Industrial Products • Houston, TX • Deal

 

Allied Industrial Partners invests in JCL Energy, an electrical transformer provider.

Industrial Products • Sharon, PA • Deal

 

Sciens Building Solutions acquires Classic, a firm that offers fire alarm, security integration, extinguisher and hood systems and sprinkler services.

Fire Alarm • Houston, TX • Deal

 

Hello Cake acquires Trigg Laboratories, a manufacturing firm that offers wet water-based lubricants in a wide range of flavours.

Lubricants • Las Vegas, NV • Deal

 

Preferred Physical Therapy acquires Elite Sports Medicine & Physical Therapy, a therapeutic firm that offers individualized treatment plans, advanced manual therapy techniques and evidence-based movement assessments.

Physical Therapy • Leawood, KS • Deal

 

Apex Fintech intends to acquire Fintron Invest, a company that provides an investment and personal finance application designed to democratize personal finance for the mobile-first generation.

Fintech • Stamford, CT • Deal

 

Automatic Data Processing acquires WorkForce Software, a software development company that specializes in workforce management software, labor analytics and compliance.

Analytics • Livonia, MI • Deal

 

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