March 27, 2024 6:01 AM
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newsletter@email.crunchbase.com
Lean times for fitness startups
This email highlights the current trends in fitness funding, the advantages of advisory boards, women's increasing share of board seats, the momentum in the startup secondary market, and advice for investing in AI startups in 2024.
Plus, getting the most out of advisory boards March 27, 2024 Hi, Tim . Investors are largely taking a breather on big fitness-related rounds. Although some deals are getting done in areas like wearables, digital coaching and connected equipment, ove
March 27, 2024 6:01 AM
-
newsletter@email.crunchbase.com
Lean times for fitness startups
This email highlights the current trends in fitness funding, the advantages of advisory boards, women's increasing share of board seats, the momentum in the startup secondary market, and advice for investing in AI startups in 2024.
Plus, getting the most out of advisory boards March 27, 2024 Hi, Tim . Investors are largely taking a breather on big fitness-related rounds. Although some deals are getting done in areas like wearables, digital coaching and connected equipment, ove
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<meta http-equiv="Content-Type" content="text/html; charset=utf-8"><meta content="http://static.crunchbase.com/daily/assets/cb-fb-share_v2.png"><meta content="image/png"><meta content="300"><meta content="300"><meta content="Crunchbase Daily"><meta content="The Crunchbase Daily is everything you'll need to start your day! Sign-up now."><meta content="2024-03-26T19:59:03Z"></head><body style="background:#eaeaea; margin:0; padding:0; width:100%!important"><div style="color:transparent; visibility:hidden; opacity:0; font-size:0px; border:0; max-height:1px; width:1px; margin:0px; padding:0px; border-width:0px!important; display:none!important; line-height:0px!important"><img border="0" width="1" height="1" src="http://sp.email.crunchbase.com/q/1XxCeym1ee-QP638fdPOjA~~/AARGbAA~/RgRn5p2kPVcDc3BjQgpl_KQYBGZIqVd7UhVlbXVsaXN0MDFAb3V0bG9vay5jb21YBAAAADs~" alt=""></div><span style="color:transparent; visibility:hidden; display:none; opacity:0; height:0; width:0; font-size:0">Plus, getting the most out of advisory boards</span><img src="http://links.email.crunchbase.com/e/eo?_t=071ea1d6efd844c0a60f7d7dc2214a93&_m=7aa9998cfb284f538d84fbf69a376714&_e=nWh0S5ES_qH3JAXRIJuEAKyoQHjC1erufxjYcy-Q87s2DwvxpvRgzMcPi60cKhkfLleofaDxAmTx2aMhKgw6AGg07bXklZVxopv46MVxADPN6iUac3Q0abUNcQO7W_H4Z3kAk0ystnIh-KFusNnwsQ%3D%3D" width="1" height="1" style="border:0; width:1px; height:1px; border-width:0px!important; display:none!important; line-height:0!important"> <table cellpadding="0" cellspacing="0" style="background:#eaeaea; border:0; color:#333; font-family:Arial,'Helvetica Neue',Helvetica,sans-serif; margin:0; padding:0; width:100%!important"><tbody><tr><td align="center" valign="top"><table cellpadding="0" cellspacing="0" style="border:0; padding:25px 0; width:522px"><tbody><tr><td><a href="#" style="display:block; padding:0 0 0 1px"><img height="23" src="http://static.crunchbase.com/daily/assets/cb-daily-header-logo-v5.png" width="176"> </a></td></tr><tr><td><img alt="" height="10" src="http://c0185784a2b233b0db9b-d0e5e4adc266f8aacd2ff78abb166d77.r51.cf2.rackcdn.com/blank.png" width="520" style="border:0; height:10px; margin:0; padding:0; width:520px"></td></tr><tr><td><table cellpadding="0" cellspacing="0" style="background:#0288d1; border:1px solid #00559d; color:#fff; font-family:Arial,'Helvetica Neue',Helvetica,sans-serif"><tbody><tr><td><h3 style="color:#fff; font-size:15px; font-weight:bold; line-height:21px; margin:0; padding:5px 10px; width:400px">March 27, 2024</h3></td><td style="padding:5px 10px; width:400px"></td><td style="padding:5px 10px; width:400px"></td><td style="padding:5px 10px; width:400px"></td></tr></tbody></table></td></tr><tr><td style="background:#fff; color:#333; border:1px solid #cdcdcd; border-top:0; font-family:Arial,'Helvetica Neue',Helvetica,sans-serif; font-size:14px; line-height:19px; padding:15px 20px 20px"><p style="margin:0 0 15px 0">Hi, Tim . Investors are largely taking a breather on big fitness-related rounds. Although some deals are getting done in areas like wearables, digital coaching and connected equipment, overall funding for the space has <a href="#" style="color:#0288d1; text-decoration:none">fallen to the lowest point in years</a>. Plus, we look at how <a href="#" style="color:#0288d1; text-decoration:none">advisory boards can play a role in accelerating company growth</a> and check in on the secondary market, which is seeing a <a href="#" style="color:#0288d1; text-decoration:none">resurgence in activity</a>.</p><h2 id="fitness-funding-faltershttpsnewscrunchbasecomhealth-wellness-biotechfitness-startup-funding-falls" style="color:#333; margin:0 0 5px 0; font-size:14px; font-weight:bold">🏃 <a href="#" style="color:#0288d1; text-decoration:none">Fitness funding falters</a></h2><p style="margin:0 0 15px 0">Over the past few years, as the pandemic-inspired boom in home workouts has slowly given way to a return to the gym, investors in fitness companies have been feeling the burn. Valuations for both public and private companies have declined, investment is down and fitness-related consumer spending remains tough to forecast.</p><p style="margin:0 0 15px 0">Related Crunchbase Pro list: <a href="#" style="color:#0288d1; text-decoration:none">Global Fitness-Related Funding, Seed Through Growth Stage</a></p><h2 id="the-best-things-about-advisory-boardshttpsnewscrunchbasecombusinessadvisory-board-leverage-growth-knight-thomvest" style="color:#333; margin:0 0 5px 0; font-size:14px; font-weight:bold">🤝 <a href="#" style="color:#0288d1; text-decoration:none">The best things about advisory boards</a></h2><p style="margin:0 0 15px 0">Many companies set up advisory boards, but then fail to tap into their full potential. With the right approach, however, advisors can fill critical knowledge gaps within organizations, provide category expertise, offer networking opportunities and even generate sales leads.</p><h2 id="womens-share-of-board-seats-riseshttpsnewscrunchbasecomdiversity2023-gender-study-private-boards-him-for-her" style="color:#333; margin:0 0 5px 0; font-size:14px; font-weight:bold">♀️ <a href="#" style="color:#0288d1; text-decoration:none">Women’s share of board seats rises</a></h2><p style="margin:0 0 15px 0">Women still hold less than a fifth of board seats at the most heavily funded private companies, but their share is on the rise. A <a href="#" style="color:#0288d1; text-decoration:none">2023 study</a> finds that women now hold 17% of board seats — up from 7% in the inaugural 2019 report produced as a collaboration between <a href="#" style="color:#0288d1; text-decoration:none">Him For Her</a> and <a href="#" style="color:#0288d1; text-decoration:none">Crunchbase</a>.</p><h2 id="secondary-market-showing-momentumhttpsnewscrunchbasecomliquiditysecondary-market-rebounds-stripe" style="color:#333; margin:0 0 5px 0; font-size:14px; font-weight:bold">💰 <a href="#" style="color:#0288d1; text-decoration:none">Secondary market showing momentum</a></h2><p style="margin:0 0 15px 0">The startup secondary market — where stakeholders can sell private company shares — slowed quite a bit during the market downturn that began in 2022. However, insiders say activity has picked back up in the past four to six months, mainly as valuations have come down.</p><h2 id="advice-for-investing-in-ai-startups-in-2024httpsnewscrunchbasecomaistartup-investment-2024-smirnov-flint" style="color:#333; margin:0 0 5px 0; font-size:14px; font-weight:bold">💲 <a href="#" style="color:#0288d1; text-decoration:none">Advice for investing in AI startups in 2024</a></h2><p style="margin:0 0 15px 0">Yes, <a href="#" style="color:#0288d1; text-decoration:none">more than $50 billion went to AI-related startups last year</a>, but much of that went to a handful of huge startups backed by Big Tech. If you’re looking to invest in the industry this year, where should you start? Guest author <a href="#" style="color:#0288d1; text-decoration:none">Dmitry Smirnov</a>, a partner at early-stage investor <a href="#" style="color:#0288d1; text-decoration:none">Flint Capital</a>, looks at which areas hold the biggest promise.</p><p style="margin:0 0 15px 0">Related Crunchbase Pro list: <a href="#" style="color:#0288d1; text-decoration:none">Global Venture-Backed Artificial Intelligence M&A</a></p></td></tr><tr><td><img alt="" height="30" src="http://c0185784a2b233b0db9b-d0e5e4adc266f8aacd2ff78abb166d77.r51.cf2.rackcdn.com/blank.png" width="520" style="border:0; height:30px; margin:0; padding:0; width:520px"></td></tr><tr><td><img height="0" src="https://ssl.google-analytics.com/collect?v=1&tid=UA-68916521-1&cid=194&t=event&ec=native_ads&ea=pageview&el=cb_daily_chrome_extension_Q1_2022 " width="0"><table style="padding:0; margin:0; border:0"><tbody><tr><td style="background:#fff; color:#333; border:1px solid #cdcdcd; font-family:Arial,'Helvetica Neue',Helvetica,sans-serif; font-size:14px; line-height:19px; padding:15px 20px 15px"><h2 style="color:#333; margin:0 0 5px 0; font-size:14px"><b data-stringify-type="bold"><strong>Get more with Crunchbase Enterprise</strong></b></h2>Find out more about Crunchbase’s prospecting software that enables your entire team to find the right companies, identify the right people, and connect with the decision-makers who can move deals forward – all in one solution. <div align="left" style="padding:10px 0 0 0"><a href="#" style="background-color:#f5a623; border-radius:4px; color:#183444; display:inline-block; font-family:sans-serif; font-size:13px; font-weight:bold; line-height:40px; text-align:center; text-decoration:none; width:200px"><img alt="" src="https://d15k2d11r6t6rl.cloudfront.net/public/users/Integrators/669d5713-9b6a-46bb-bd7e-c542cff6dd6a/071ea1d6efd844c0a60f7d7dc2214a93/One%20Off/pro_lightning-navy.png" style="padding:5px; width:10px; vertical-align:middle"> BOOK A MEETING NOW</a></div></td></tr><tr></tr></tbody></table></td></tr><tr><td></td></tr><tr><td><img alt="" height="30" src="http://c0185784a2b233b0db9b-d0e5e4adc266f8aacd2ff78abb166d77.r51.cf2.rackcdn.com/blank.png" width="520" style="border:0; height:30px; margin:0; padding:0; width:520px"></td></tr><tr><td><h3 style="background:#0288d1; border:1px solid #00559d; color:#ffffff; font-size:15px; font-weight:bold; line-height:21px; margin:0; padding:5px 10px">Recent Investments</h3></td></tr><tr><td style="background:#fff; border:1px solid #cdcdcd; border-top:0; color:#333; font-size:14px; padding:15px 20px 20px"><table><tbody><tr><td style="width:80px"><a href="#"><img src="https://images.crunchbase.com/image/upload/c_pad,h_60,w_60/39401a6b88465d041f6d" style="border:1px solid #bbb; height:60px; width:60px"> </a></td><td><p style="font-size:20px; font-weight:bold; margin:0"><a href="#" style="color:#0288d1; text-decoration:none">Cleveland Cliffs</a></p><p style="font-size:20px; font-weight:bold; margin:0; padding:5px 0 0"><a href="#" style="color:#333; text-decoration:none">$575M</a> / <a href="#" style="color:#0288d1; text-decoration:none">Grant</a></p></td></tr><tr><td colspan="5" style="font-size:13px; padding:10px 0 5px">Cleveland-Cliffs produces iron ore pellets and flat-rolled steel, integrating mining, iron making, steelmaking, rolling, and finishing.</td></tr><tr><td colspan="5" style="font-size:13px; padding:5px 0"><p style="color:#333; float:left; font-weight:bold; margin:0; text-align:right; width:75px">Categories:</p><p style="color:#666; margin:0 0 0 85px">Mining • Mining Technology • Natural Resources • Precious Metals • Sales</p></td></tr><tr><td colspan="5" style="font-size:13px; padding:5px 0"><p style="color:#333; float:left; font-weight:bold; margin:0; text-align:right; width:75px">Founders:</p><p style="color:#666; margin:0 0 0 85px"><a href="#" style="color:#0288d1; text-decoration:none">Samuel Livingston Mather</a></p></td></tr><tr><td colspan="5" style="font-size:13px; padding:5px 0 20px"><p style="color:#333; float:left; font-weight:bold; margin:0; text-align:right; width:75px">Investors:</p><p style="color:#666; margin:0 0 0 85px"><a href="#" style="color:#0288d1; text-decoration:none">US Department of Energy</a> (Lead)</p></td></tr><tr><td style="width:80px"><a href="#"><img src="https://images.crunchbase.com/image/upload/c_pad,h_60,w_60/fdagabytwzy4dlwcrhqo" style="border:1px solid #bbb; height:60px; width:60px"> </a></td><td><p style="font-size:20px; font-weight:bold; margin:0"><a href="#" style="color:#0288d1; text-decoration:none">O-I Glass</a></p><p style="font-size:20px; font-weight:bold; margin:0; padding:5px 0 0"><a href="#" style="color:#333; text-decoration:none">$125M</a> / <a href="#" style="color:#0288d1; text-decoration:none">Grant</a></p></td></tr><tr><td colspan="5" style="font-size:13px; padding:10px 0 5px">O-I Glass is a glass container manufacturer and a partner for various food and beverage brands.</td></tr><tr><td colspan="5" style="font-size:13px; padding:5px 0"><p style="color:#333; float:left; font-weight:bold; margin:0; text-align:right; width:75px">Categories:</p><p style="color:#666; margin:0 0 0 85px">Food Processing • Manufacturing • Packaging Services • Product Design</p></td></tr><tr><td colspan="5" style="font-size:13px; padding:5px 0"><p style="color:#333; float:left; font-weight:bold; margin:0; text-align:right; width:75px">Founders:</p><p style="color:#666; margin:0 0 0 85px"><a href="#" style="color:#0288d1; text-decoration:none">Michael Joseph</a></p></td></tr><tr><td colspan="5" style="font-size:13px; padding:5px 0 20px"><p style="color:#333; float:left; font-weight:bold; margin:0; text-align:right; width:75px">Investors:</p><p style="color:#666; margin:0 0 0 85px"><a href="#" style="color:#0288d1; text-decoration:none">US Department of Energy</a> (Lead)</p></td></tr><tr><td style="width:80px"><a href="#"><img src="https://images.crunchbase.com/image/upload/c_pad,h_60,w_60/tpkdy0f0ysnxway2syzs" style="border:1px solid #bbb; height:60px; width:60px"> </a></td><td><p style="font-size:20px; font-weight:bold; margin:0"><a href="#" style="color:#0288d1; text-decoration:none">BasiGo</a></p><p style="font-size:20px; font-weight:bold; margin:0; padding:5px 0 0"><a href="#" style="color:#333; text-decoration:none">397M KES</a> / <a href="#" style="color:#0288d1; text-decoration:none">Venture Round</a></p></td></tr><tr><td colspan="5" style="font-size:13px; padding:10px 0 5px">BasiGo leases electric buses to local bus owners, offering pay-as-you-drive, charging, and maintenance for sustainable mobility.</td></tr><tr><td colspan="5" style="font-size:13px; padding:5px 0"><p style="color:#333; float:left; font-weight:bold; margin:0; text-align:right; width:75px">Categories:</p><p style="color:#666; margin:0 0 0 85px">Automotive • Electric Vehicle • Public Transportation • Transportation</p></td></tr><tr><td colspan="5" style="font-size:13px; padding:5px 0"><p style="color:#333; float:left; font-weight:bold; margin:0; text-align:right; width:75px">Founders:</p><p style="color:#666; margin:0 0 0 85px"><a href="#" style="color:#0288d1; text-decoration:none">Jit Bhattacharya</a>, <a href="#" style="color:#0288d1; text-decoration:none">Jonathan Green</a></p></td></tr><tr><td colspan="5" style="font-size:13px; padding:5px 0 20px"><p style="color:#333; float:left; font-weight:bold; margin:0; text-align:right; width:75px">Investors:</p><p style="color:#666; margin:0 0 0 85px"><a href="#" style="color:#0288d1; text-decoration:none">CFAO Kenya</a> (Lead), <a href="#" style="color:#0288d1; text-decoration:none">Mobility 54</a> (Lead)</p></td></tr></tbody></table><h4 style="font-size:15px; font-weight:bold; margin:0; padding:20px 1px 10px">More Fundings</h4><table cellpadding="0" cellspacing="0" style="border-collapse:collapse; font-size:13px; width:100%"><thead><tr><th style="color:#666; padding:5px 1px; font-weight:normal; text-align:left">Company</th><th style="color:#666; padding:5px 1px; font-weight:normal; text-align:left">Amount / Round</th><th style="color:#666; padding:5px 1px; font-weight:normal; text-align:left">Lead Investor</th></tr></thead><tbody><tr><td style="border:1px solid #bbb; padding:7px"><a href="#" style="color:#0288d1; text-decoration:none">Avanse Financial Services</a></td><td style="border:1px solid #bbb; padding:7px">10B INR / <a href="#" style="color:#0288d1; text-decoration:none">Private Equity Round</a></td><td style="border:1px solid #bbb; padding:7px"><a href="#" style="color:#0288d1; text-decoration:none">Mubadala</a></td></tr><tr style="background:#f6f6f6"><td style="border:1px solid #bbb; padding:7px"><a href="#" style="color:#0288d1; text-decoration:none">Frontier Communications</a></td><td style="border:1px solid #bbb; padding:7px">$25M / <a href="#" style="color:#0288d1; text-decoration:none">Grant</a></td><td style="border:1px solid #bbb; padding:7px"><a href="#" style="color:#0288d1; text-decoration:none">Illinois Department of Commerce & Economic Opportunity</a></td></tr><tr><td style="border:1px solid #bbb; padding:7px"><a href="#" style="color:#0288d1; text-decoration:none">Goalsetter</a></td><td style="border:1px solid #bbb; padding:7px">$9.6M / <a href="#" style="color:#0288d1; text-decoration:none">Series A</a></td><td style="border:1px solid #bbb; padding:7px"><a href="#" style="color:#0288d1; text-decoration:none">Edward Jones</a></td></tr></tbody><tfoot><tr><td colspan="5" style="border:1px solid #bbb; padding:7px; text-align:center"><a href="#" rel="noopener" target="_blank" style="color:#0288d1; text-decoration:none">All Recent Funding Activity</a></td></tr></tfoot></table></td></tr><tr><td><img alt="" height="30" src="http://c0185784a2b233b0db9b-d0e5e4adc266f8aacd2ff78abb166d77.r51.cf2.rackcdn.com/blank.png" width="520" style="border:0; height:30px; margin:0; padding:0; width:520px"></td></tr><tr><td><h3 style="background:#0288d1; border:1px solid #00559d; color:#ffffff; font-size:15px; font-weight:bold; line-height:21px; margin:0; padding:5px 10px">Recent Acquisitions</h3></td></tr><tr><td style="background:#fff; border:1px solid #cdcdcd; border-top:0; color:#333; font-size:14px; padding:15px 20px 20px"><table><tbody><tr><td style="width:80px"><a href="#"><img src="https://images.crunchbase.com/image/upload/c_pad,h_60,w_60/dqw5p8euhacyrwupbmbx" style="border:1px solid #bbb; height:60px; width:60px"> </a></td><td><p style="font-size:20px; font-weight:bold; margin:0"><a href="#" style="color:#0288d1; text-decoration:none">ILC Dover</a></p><p style="font-size:15px; margin:0; padding:5px 0 0">Pending acquisition by <a href="#" style="color:#0288d1; text-decoration:none">Ingersoll Rand</a> for <span style="color:#333; font-weight:bold">$2.3B</span></p></td></tr></tbody></table><h4 style="font-size:15px; font-weight:bold; margin:0; padding:20px 1px 10px">More Acquisitions</h4><table cellpadding="0" cellspacing="0" style="border-collapse:collapse; font-size:13px; width:100%"><thead><tr><th style="color:#666; padding:5px 1px; font-weight:normal; text-align:left">Company</th><th style="color:#666; padding:5px 1px; font-weight:normal; text-align:left">Acquired By</th><th style="color:#666; padding:5px 1px; font-weight:normal; text-align:left">Amount</th></tr></thead><tbody><tr><td style="border:1px solid #bbb; padding:7px"><a href="#" style="color:#0288d1; text-decoration:none">CWT</a></td><td style="border:1px solid #bbb; padding:7px"><a href="#" style="color:#0288d1; text-decoration:none">American Express Global Business Travel</a></td><td style="border:1px solid #bbb; padding:7px">$570M</td></tr></tbody><tfoot><tr><td colspan="5" style="border:1px solid #bbb; padding:7px; text-align:center"><a href="#" rel="noopener" target="_blank" style="color:#0288d1; text-decoration:none">All Recent Acquisition Activity</a></td></tr></tfoot></table></td></tr><tr><td><img alt="" height="30" src="http://c0185784a2b233b0db9b-d0e5e4adc266f8aacd2ff78abb166d77.r51.cf2.rackcdn.com/blank.png" width="520" style="border:0; height:30px; margin:0; padding:0; width:520px"></td></tr><tr><td><h3 style="background:#0288d1; border:1px solid #00559d; color:#ffffff; font-size:15px; font-weight:bold; line-height:21px; margin:0; padding:5px 10px">Upcoming Tech Events</h3></td></tr><tr><td style="background:#fff; border:1px solid #cdcdcd; border-top:0; color:#333; font-size:14px; padding:15px 20px 20px"><table><tbody><tr><td style="width:80px"><a href="#"><img src="https://images.crunchbase.com/image/upload/c_pad,h_60,w_60/qgtzjgdhgwdvztirwvox" style="border:1px solid #bbb; height:60px; width:60px"> </a></td><td><p style="font-size:20px; font-weight:bold; margin:0"><a href="#" style="color:#0288d1; text-decoration:none">New York Energy Week 2024</a></p><p style="font-size:15px; margin:0; padding:5px 0 0">June 24 - 28, 2024 in New York</p></td></tr><tr><td colspan="5" style="font-size:13px; padding:10px 0">For the industry, by the industry. NYEW is an integral part of EnerKnol's founding mission to support investment and collaboration.</td></tr></tbody></table><h4 style="font-size:15px; font-weight:bold; margin:0; padding:20px 1px 10px">Accelerator Deadlines</h4><table cellpadding="0" cellspacing="0" style="border-collapse:collapse; font-size:13px; width:100%"><thead><tr><th style="color:#666; padding:5px 1px; font-weight:normal; text-align:left">Date</th><th style="color:#666; padding:5px 1px; font-weight:normal; text-align:left">Accelerator</th><th style="color:#666; padding:5px 1px; font-weight:normal; text-align:left">Location</th></tr></thead><tbody><tr><td style="border:1px solid #bbb; padding:7px; width:80px">Jun 1, 2024</td><td style="border:1px solid #bbb; padding:7px"><a href="#" style="color:#0288d1; text-decoration:none">Conquest</a></td><td style="border:1px solid #bbb; padding:7px; width:120px">Pilani</td></tr><tr style="background:#f6f6f6"><td style="border:1px solid #bbb; padding:7px; width:80px">Jul 31, 2024</td><td style="border:1px solid #bbb; padding:7px"><a href="#" style="color:#0288d1; text-decoration:none">Brinc</a></td><td style="border:1px solid #bbb; padding:7px; width:120px">Central</td></tr></tbody><tfoot><tr><td colspan="5" style="border:1px solid #bbb; padding:7px; text-align:center"><a href="#" rel="noopener" target="_blank" style="color:#0288d1; text-decoration:none">More Upcoming Deadlines</a></td></tr></tfoot></table></td></tr><tr><td style="color:#333; font-size:13px; padding:5px 0; text-align:center">Don’t see your event? Reach out to us at <a href="#" style="color:#0288d1; text-decoration:none">events@crunchbase.com</a>.</td></tr><tr><td><img alt="" height="40" src="http://c0185784a2b233b0db9b-d0e5e4adc266f8aacd2ff78abb166d77.r51.cf2.rackcdn.com/blank.png" width="520" style="border:0; height:40px; margin:0; padding:0; width:520px"></td></tr><tr><td style="color:#333; font-family:Arial,'Helvetica Neue',Helvetica,sans-serif; font-size:13px; line-height:19px; padding:0 0 0 1px"><a href="#" style="display:block"><img src="http://static.crunchbase.com/daily/assets/cb-logo-footer-on-dark_v3.png"> </a><p style="margin:0; padding:5px 0 0">Discover innovative companies and the people behind them.</p><table cellpadding="0" cellspacing="0" style="border:0; padding:15px 0"><tbody><tr><td style="padding:0 10px 0 0"><a href="#" rel="noopener" target="_blank"><img alt="Follow Us on Crunchbase" height="20" src="http://static.crunchbase.com/daily/assets/cb_icon_v2.png" width="20"> </a></td><td style="padding:0 10px 0 0"><a href="#" rel="noopener" target="_blank"><img alt="View Jobs on LinkedIn" height="20" src="http://static.crunchbase.com/daily/assets/cb-daily-linkedin-large-color.png" width="20"> </a></td><td style="padding:0 10px 0 0"><a href="#" rel="noopener" target="_blank"><img alt="Follow Us on Twitter" height="20" src="http://static.crunchbase.com/daily/assets/cb-daily-share-twitter-color.png" width="20"> </a></td><td><a href="#" rel="noopener" target="_blank"><img alt="Like Us on Facebook" height="20" src="http://static.crunchbase.com/daily/assets/cb-daily-facebook-large-color.png" width="20"> </a></td></tr></tbody></table><p style="margin:0">564 Market St, San Francisco, CA 94104 <br>© 2024 Crunchbase Inc. 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