Former Citadel Quants Raise $36 Million for Fixed-Income Fintech
The latest round of fundraising brings Moment's total backing to $56 million, with Lightspeed, Venrock, Neo and Contrary Capital participating in the latest investment, according to a statement Wednesday.
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Los Angeles Times
an hour ago
- Los Angeles Times
Boulevard Raises $80-Million Series D Round
Boulevard, a provider of the client experience platform for appointment-based, self-care businesses, raised $80 million in Series D funding led by JMI Equity, a growth equity firm focused on investments in software companies, with continued participation from Index Ventures and VMG Partners. 'We're ecstatic about the opportunity to collaborate with the team at JMI Equity and benefit from their extensive experience helping vertical SaaS companies grow and create generational brands,' said Matt Danna, chief executive and co-founder of Boulevard, in a statement. Boulevard leverages artificial intelligence to analyze booking patterns, appointment durations, and provider availability to suggest the most efficient appointment times. It is utilized by more than 40,000 professionals in 5,000 self-care businesses to book more than 2 million monthly appointments and process nearly $5 billion in payments annually. Revenue has increased by more than 500% since its last funding round in 2022. Information for this article was sourced from Boulevard.
Business Insider
3 hours ago
- Business Insider
Andreessen Horowitz is looking to pay $400K+ for a leader to build out a podcast network
Andreessen Horowitz is on the hunt for a podcast leader, the latest step in the famous VC firm's longtime strategy to sidestep the mainstream press and create its own content. In a LinkedIn post, the firm, also called A16z, says it's looking for a podcast network lead to "drive the strategy, operations, and growth of a network of externally created but strategically aligned podcasts." The job involves recruiting independent hosts to Andreessen Horowitz's podcast platform, as well as helping them grow and monetize their audiences. The firm anticipates paying up to $424,000 in yearly salary. The firm didn't respond to requests for comment. Andreessen Horowitz was an early mover among VC firms in content marketing and has long had big ambitions when it comes to media. Its moves in this area tend to be closely watched in media and tech circles. The firm is best known for its flagship show, "The A16z Podcast." The show started in 2014 and taps engineers, founders, experts, and the firm's general partners to talk about where tech is headed. Newer shows include the year-old "The Ben and Marc Show" hosted by cofounders Marc Andreessen and Ben Horowitz, and a science-focused show, "Raising Health." In April, Andreessen Horowitz brought on Erik Torenberg as a general partner to help lead the firm's media and network initiatives. Torenberg is an established Silicon Valley figure who created Turpentine, a tech podcast network. The firm has also invested in media, including in Substack, a newsletter platform that's expanding into new areas like video, and Clubhouse, an audio-focused social network. Andreessen Horowitz's record in media has been mixed. In 2021, it started Future, a buzzed-about publication that put a hopeful lens on tech and society. The firm quietly shut down the publication after a year and a half. But it's stayed the course with podcasting. Under Sonal Chokshi, a former Wired editor who was brought on in 2014 to shepherd its media strategy, the firm expanded to new shows. It also announced a bigger emphasis on its flagship podcast. Over the years, the firm has expressed interest in investing in podcasting, citing the medium's rapid adoption and its ability to go beyond passive listening and become social in nature. Chokshi wrote about Andreessen Horowitz's podcast ambitions in a 2020 blog post, calling podcasts an intimate medium that was better at conveying nuance than text. "Just as great podcasts can come from non-media companies, so, too, will the next podcast networks," she wrote. 'The next stage of content is video' Other VCs like Kleiner Perkins and IVP have hired established journalists and commissioned long-form articles and even films. In this way, firms can set themselves apart, ensure their portfolio companies get press, and counter what they see as negative coverage of the tech industry by traditional news outlets. Ted Merz, who does content strategy for executives at Principals Media, said podcasting and video would allow the firm to better promote its portfolio companies, attract talent, and build visibility. "The next stage of content is video," Merz said. People are consuming more podcasts on YouTube, driving new attention to the medium as well as other personality-driven vehicles like Substack newsletters. Hosts in finance and tech have capitalized, with shows like "TBPN," which has recently hosted VCs like Keith Rabois and Alexis Ohanian. Harry Stebbings, host of "The Twenty Minute VC," parlayed his podcast profile into a $400 million fundraise. Edison Research said in October that YouTube had become the top podcast consumption platform. The platform itself said in February that more than 1 billion people listened to podcasts on the platform every month and that in 2024, viewers watched over 400 million hours of podcasts monthly on TVs. Companies are also trying to win the AI game as people increasingly use the tech for search. A new study by Muck Rack found that about 9% of the links cited by AI represent a brand's own content channels, and another 37% are links to content that features a company or brand. Longform writing still has its place, but podcasts are well suited to VC's media strategy, said Chantelle Darby, a longtime tech PR professional. "Audio and video interviews, in particular, make it easier to extract and package expertise from busy venture partners and founders," she said.
Yahoo
3 hours ago
- Yahoo
Potential Multi-Year Growth for Saia (SAIA) If Freight Industry Rebounds
The London Company, an investment management company, released 'The London Company SMID Cap Strategy' second quarter 2025 investor letter. A copy of the letter can be downloaded here. Following a downturn in Q1, U.S. stocks experienced a double-digit gain in Q2, amid volatility stemming from tariff news. A risk-on rally followed due to a temporary pause in tariff escalations, widespread optimism around enterprise AI, and a healthy earnings outlook. Against this backdrop, the portfolio fell 0.6% (-0.8% net) during the second quarter vs. an 8.6% increase in the Russell 2500 Index. Sector allocation contributed to the fund's performance in the quarter, while stock selection detracted. Please review the fund's top 5 holdings to gain insight into their key selections for 2025. In its second quarter 2025 investor letter, The London Company SMID Cap Strategy highlighted stocks such as Saia, Inc. (NASDAQ:SAIA). Saia, Inc. (NASDAQ:SAIA) is a North America-based transportation company. The one-month return of Saia, Inc. (NASDAQ:SAIA) was 9.19%, and its shares lost 23.58% of their value over the last 52 weeks. On July 28, 2025, Saia, Inc. (NASDAQ:SAIA) stock closed at $323.23 per share, with a market capitalization of $8.61 billion. The London Company SMID Cap Strategy stated the following regarding Saia, Inc. (NASDAQ:SAIA) in its second quarter 2025 investor letter: "Saia, Inc. (NASDAQ:SAIA) – SAIA remained weak this quarter as the lingering 'freight recession' drags on for almost its third year. We remain convicted in our ownership of SAIA due to its solid balance sheet and strong network growth plan. We believe the company could be a multi-year compounder, assuming the freight industry returns to normal demand patterns. A long line of trucks transporting goods across the open road, symbolizing the long-distance transportation services of the company. Saia, Inc. (NASDAQ:SAIA) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 35 hedge fund portfolios held Saia, Inc. (NASDAQ:SAIA) at the end of the first quarter, compared to 31 in the previous quarter. In the second quarter of 2025, Saia, Inc. (NASDAQ:SAIA) announced revenue of $817 million, marking a 0.7% decrease compared to the same quarter last year. While we acknowledge the potential of Saia, Inc. (NASDAQ:SAIA) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In another article, we covered Saia, Inc. (NASDAQ:SAIA) and shared Polen US SMID Company Growth Strategy's views on the company in the previous quarter. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
