The money will be used to scale Medley’s business, enhance its technology, and grow its team. This latest seed round was led by VC heavyweight Andreessen Horowitz, with the participation of an impressive list of additional investors including Peloton exec Dara Treseder and Grammy-winning singer Ciara Wilson. states participate in its virtual group coaching sessions. The startup launched with a big splash in July of 2020, and has since had members from more than 15 countries and 20 U.S. Medley brought in $3.7M. Founded by mother-daughter duo Edith Cooper and Jordan Taylor, Medley hosts personal and professional development sessions for people from all walks of life. Masterworks will use this fresh capital to accelerate this recent growth, with a potential global expansion on the horizon. This monster Series A comes after four years of bootstrapping, and brings the young startup’s pre-money valuation to more than $1 billion, signaling the massive growth potential for the burgeoning alternative investment space. Masterworks raised $110M. The members-only platform lets users buy fractional shares of fine art by icons like Banksy and Picasso, democratizing a practice that’s always largely been reserved for the mega-rich. There’s lots to go over, so let’s get into it. The city’s tech scene was busier than ever last week, with fundings and business expansions and partnerships galore.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |