Baker Mayfield Takes Marketing Star Power to CBD Brand Beam
The quarterback position for the Cleveland Browns had been a revolving door in the past two decades, lacking any sustainable star power. In Baker Mayfield, the franchise found a player anointed a marketing star before taking an NFL snap.
Mayfield is extending his endorsement deal portfolio — including Hulu and Progressive — to include a new ambassador deal with CBD company Beam. He had previously made an investment in Beam through his venture fund, Camwood Ventures, an offshoot of his family’s private equity firm Camwood Capital Group.
This partnership would have been unthinkable just a few years ago — because of NFL policies — but now it’s a match made in heaven, he said.
Bloom Credit Raises $13M To Connect Businesses With Credit Bureaus
Bloom Credit is helping fintech and other businesses that want to provide credit products, such as lending, personal finance or credit monitoring, work with the country’s three credit bureaus. To accelerate that work, the New York-based startup secured $13 million in Series A funding.
We’re thrilled to announce a new round of funding for Petal, led by Valar Ventures. We’ve raised $55 million to help make responsible credit a reality for more consumers. We’re grateful to all of our investors and the fantastic team that has enabled us to reach this milestone.
This new funding allows us to double down on our mission to help more people access honest, simple, and responsible credit. This mission matters even more in the COVID-19 era, when credit has become much harder to obtain — particularly for people with low scores or with no previous credit history. Our cash flow underwriting technology is uniquely suited for this moment, allowing us to lean in and serve more people than ever before, even as the big banks and major issuers pull back.
How Dentons, the world's largest law firm, is using tech to boost its pro-bono caseload by nearly 40%
In 2019, Dentons codeveloped and launched a pro-bono system with Paladin, a software platform that allows lawyers to more easily access pro-bono opportunities.
Since then, the firm has seen an increase of nearly 40% in pro-bono casework.
Ben Weinberg, who heads the pro-bono department at Dentons, spoke with Business Insider about how Paladin solved the problems faced by lawyers at the firm in accessing pro-bono work — especially during a time when the country is grappling with a pandemic and a racial reckoning.
A message from Littlefund Founder and CEO, Mimi Chan, regarding our exciting announcement! With its acquisition, Littlefund joins UNest to dominate as the next generation’s best Fintech platform for saving and investing in your children’s future.
Dear Littlefund Community,
Today is one of our proudest company milestones to share. I’m sharing it with you first because you all have been a huge part of our story.
Littlefund’s financial gifting platform has been acquired by UNest. With this acquisition, UNest and Littlefund will join forces to expand UNest’s offering with our gifting technology and continue growing as a market leader in helping families invest in their children's future with ease.
Whoever said “no pain, no gain” clearly didn’t believe in rest days. we, on the other hand, believe you should workout hard and recover harder.
when it comes to exercise, your workouts are only as good as your rest and recovery sessions. if your body doesn’t have enough time to repair, restore, and recover, you end up more prone to overuse injuries and chronic inflammation, which gets in the way of those gains.
For Robots, It’s a Time to Shine (and Maybe Disinfect)
Indeed, cleaning robots are having a moment in commercial real estate. Their creators are promoting the machines as cost-effective solutions to the cleaning challenges posed by the pandemic. They can be put to frequent use without requiring more paid labor hours, they are always compliant, and some can even provide the data to prove that they have scoured every inch assigned.
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Somatic, a start-up in New York, is working on a robot that can clean bathrooms using a spray technology, said Michael Levy, the chief executive. Removing a human cleaner from the bathroom makes the area safer because of the reduced risk of spreading germs, Mr. Levy said. And the robot will always do the job exactly as it is programmed to do.
“You have to let the chemicals set to do their job, but compliance is tough in the industry,” Mr. Levy said. “If you tell a robot to leave the chemicals for 36 seconds, they leave the chemicals for 36 seconds every single time.”
C2 Ventures’ First Investment Boostr Raises $7M At Triple The Valuation
The tech investment fund C2 Ventures (C2V), founded by mobile ad tech entrepreneur Chris Cunningham, said Monday that one of its previous investments – Boostr – raised $7 million, at a valuation that triples what it had last year.
Boostr founder and CEO Patrick O’Leary did not disclose terms of the deal or the company’s exact valuation.
Boostr is a software solution for sales planning and revenue management.
C2V, which is backed by a deep bench of programmatic and digital media execs including Snap VP of sales Peter Naylor, former IAB President Patrick Dolan and Spotify engineering VP Brian Adams, invested a low six-digit seed round in Boostr last year.
C2V is investing in the new round in Boostr as well, Cunningham said. It’s the fund’s first investment in a larger venture capital round.
Rens Original is working to make sustainability fashionable with their sneakers made from used coffee grounds. Rens Original co-founders, Jesse Tran & Son Chu, joined Wake Up With Cheddar to share more about their unique business. [Video]
Westwood One reaches agreement to subscribe to Magellan AI's podcast advertising competitive intelligence service
Magellan AI today announced that Westwood One has expanded its subscription to their podcast advertising competitive insights service. Magellan AI offers an industry-leading weekly view of the top 3,000 podcasts for ad data and competitive intelligence. This includes data on more than 22,000 total podcasts and millions of individual ads. Subscribers learn WHO is advertising, WHAT they’re advertising, and HOW MUCH they’re spending.
Westwood One Podcast Network recently launched several new podcasts including In the Bubble with Andy Slavitt, The Prof G Show with Scott Galloway, The Stacking Benjamins Show, and Tell Me What to Do with Jaime Primak Sullivan.
This startup streamlines the pro bono work of lawyers, including those fighting for immigrants at the border
Felicity Conrad and Kristen Sonday were on very different paths until three years ago. Conrad was an associate at the powerhouse law firm Skadden Arps. Meanwhile, Sonday, a Princeton grad and the first person in her family to go to college, was reflecting on the several years she’d spent with the U.S. Department of Justice in Mexico City, working to extradite fugitives.
As it happens, both were coming to similar conclusions about the U.S. legal system, including that it’s especially challenging for people who don’t speak English. For Conrad, an opportunity to litigate a pro bono asylum case would set her on a path of wanting to do more for people fleeing persecution from their own countries. For Sonday, the experience of working with foreign governments had a similar impact.
Rens Original Review Most Innovative Sneaker Of 2020
This sneaker unboxing has one of the most innovative sneakers of 2020. Rens originals is the worlds 1st coffee sneaker made from recycled plastic and coffee grounds. With so many color ways and a anniversary sale happening now as we speak head over to rens original to buy you some sneakers now. [Video]
Otari Announces Launch of AI-Enabled Yoga and Fitness Mat
Otari is thrilled to announce the launch of their innovative AI-enabled yoga mat this spring.
This first-of-its kind mat is attached to a large flat screen, allowing users to take live or on-demand classes with industry-leading yoga, strength, and cardio instructors.
Otari is equipped with a moveable, magnetic camera arm that uses sensors to scan the user’s body as they complete their workout routines. Otari’s AI analyzes the user’s movements and delivers real time feedback and pose corrections. Each class is tracked on the user’s personal dashboard, enabling them to track their class-over-class progress.
Otari’s community features include group challenges and competitions. “Inclusivity is one of Otari’s guiding principles”, Otari CEO Chris Kruger said in a briefing earlier this week, “Otari was created to be a supportive option for those who have felt intimidated, excluded, or inconvenienced by traditional in-person studio classes”.
Golfers Embrace CBD, Even as Its Gentility Is Questioned
PGA and Champions Tour players have become more vocal about using CBD to treat their ailments since the compound was removed from banned substances list in 2018.
Billy Horschel went six months without a top-eight finish last year before he found a remedy for his ailing golf game from a surprising source: the hemp plant. Horschel, a five-time PGA Tour winner, began using cannabidiol, or CBD, products shortly after he missed the cut at the British Open in July. He had four top-eight finishes in the next four months and was playing some of the most consistent golf of his career before the season was suspended in March because of the coronavirus pandemic.
Horschel, the 2014 FedEx Cup champion, is convinced that the CBD-infused topical creams and powders produced by the company Beam have contributed to his return to top form by increasing his quality of sleep and decreasing inflammation in his knees and ankles. So bullish is Horschel on the products, he recently became an investor in Beam.
A new pro bono portal just launched for lawyers looking to help people hit hard by the pandemic
The coronavirus pandemic has laid low a lot of Americans, more than 62,000 of whom have already died since the beginning of March and 30 million more who are nowout of work owing to the resultant shutdown of most businesses and public gathering places.
The ensuant crisis it has created is so massive that any type of coordinated effort is a challenge to pull together. Fortunately, that hasn’t stopped the American Bar Association and a justice tech company called Paladin that we introduced to readers last year. On the contrary, the SaaS startup — which helps legal teams sign up for pro bono opportunities, then makes their work and its impact easier to track — has teamed up with the ABA to help lawyers find pro bono opportunities specifically to help people affected by the coronavirus pandemic and other natural disasters.
It’s a way to accelerate work that the ABA has been doing for the last 13 years through its Young Lawyers Division’s Disaster Legal Services Program — because time, right now, is of the essence.
ABA, Paladin Launch Pro Bono Portal for Those Hit by Virus
The American Bar Association’s Disaster Legal Services Program and justice tech company Paladin launched an online portal enabling lawyers to find pro bono opportunities to help people affected by the coronavirus pandemic and other natural disasters.
“The COVID-19 public health crisis has made the need for a nationwide Disaster Legal Services pro bono portal more apparent than ever,” said ABA President Judy Perry Martinez in a statement Thursday. “Streamlining our volunteer recruitment and referral process means connecting those in need following a disaster to volunteer attorneys as quickly as possible.”
The ABA’s Young Lawyers Division’s Disaster Legal Services Program and the Federal Emergency Management Agency have been providing free, immediate temporary legal assistance to disaster survivors since 2007.
Magellan AI: How Coronavirus Has Impacted Podcast Advertising
Magellan AI, the podcast industry's leading provider of ad level data, has released a whitepaper outlining the impact coronavirus is having on the podcast industry's advertising landscape. While many analytics companies have addressed the change in podcast consumption, to date there hasn't been a report addressing advertising activity and spend. This report does so. In this whitepaper we explore the following:
What's happening in the market overall?
Which advertiser categories have increased or decreased spend?
Which podcast genres have seen the biggest changes in ad revenue?
How has COVID-19 changed the content of podcasts?
How have podcast hosts incorporated coronavirus into their ad reads?
Which advertisers have been ramping up spending in response to coronavirus?
Billy Horschel Invests In Beam—Believes The Boston Company Will Become ‘The Nike’ Of The CBD World
Athletes looking to take a break from all their worries over prescription painkillers and anyone who’s hankering to try out the new cannabinoid-based treatments for their conditions (without worrying about potentially getting dosed with some THC) can now turn to beam.
Self-Professed ‘Hippie’ Danica Patrick Invests In CBD Wellness Company
With Americans largely confined to their homes and the stress of the coronavirus pandemic a daily strain on the mind and body, maybe now more than ever engaging in wellness could be key to making or breaking many people.
So maybe it should come as no surprise that some current and former athletes are becoming more actively engaged in the wellness business channel. According to the Global Wellness Institute, the market was worth $4.5 trillion in 2018.
While many athletes may lend their brand to certain products, former NASCAR and IndyCar driver Danica Patrick is well aligned with wellness—so much so that she has invested in beam, a CBD company. While she won’t say how large her stake is, Patrick was part of a $5 million seed investment in beam.
5 questions with Danica Patrick about why she invested in a CBD company
Danica Patrick’s post-NASCAR career is largely about health, fitness and self-improvement. Her book and her podcast, both titled Pretty Intense, focus on those themes, and lately, in addition to regularly posting her workout routines on social media, she’s been leading workouts on Instagram Live while people are social distancing because of the COVID-19 outbreak.
And Patrick’s latest business venture aligns with her brand. She recently invested in the Boston-based company beam — a wellness brand that sells organic CBD (cannabidiol) products made from hemp that are THC-free — and contributed in a $5 million seed round in September 2019.
A Vietnamese duo in Finland making the world’s first shoes from coffee grounds have made it into Forbes's 30 Under 30 Europe listing.
Tran Bao Khanh, 28, and Chu Hoang Son, 24, co-founders of Rens Original, have been honored in the category of Social Entrepreneurs in the annual list recognizing the most influential people in Europe across various categories.
Rens Original is a startup founded by the duo that uses residual coffee grounds as raw material for shoes, the first time ever that it has been done. Rens shoes are waterproof and odor-free. Each pair is made from 300 grams of used coffee grounds (equivalent to the remains of 21 cups of coffee) and six recycled plastic bottles.
Somatic is an autonomous robot that has been created to do the arduous task of cleaning public toilets throughout its life. In different offices in New York, it spends its days leaving the bathrooms spotless. Being a robot it doesn’t get tired or complain, even though its salary is half of what it would be paid if it were human.
Somatic’s robot is a kind of box with four wheels that has a robotic arm that vacuums and cleans the floor. It also has other smaller dispensers for pouring pressurized water, detergents and other substances onto the surfaces to be cleaned. It operates completely autonomously once the bathroom to be cleaned has been identified.
This bathroom cleaning robot is trained in VR to clean up after you
You’ve no doubt heard about the three Ds of automation. Somatic’s robot handily qualifies for two. I’d say “dangerous” is probably a bit of a stretch here, but the robot is well-focused on replacing a job that’s generally regarded as both “dirty” and “dull.”
The startup, which is ostensibly based in the New York area (it’s a small, geographically dispersed team in search of a more permanent home) effectively came out of stealth onstage at TC Sessions: Robotics + AI at UC Berkeley. Its first product is a large, commercial restroom cleaning robot.
10 promising Netherlands-based startups to watch in 2020 - 5. Kambr
It’s not all windmills, bicycles and canals. Known for its open culture, driven work ethic and the fastest broadband speed in Europe, the Netherlands is a haven for startups. Ranked at no. 3 in the EU on the 2019 Global Innovation Index, the Netherlands boasts more than 10 leading innovation hubs, all offering founders world-class incubation and acceleration. Moreover, as of 2015, entrepreneurs from outside Europe can get a 1-year “startup visa”, which affords temporary residence to launch a business, as long as they are supported by a Dutch mentor.
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Kambr, founded in 2019, believes that a perfect storm has been steadily brewing to disrupt the aviation industry status quo. It sees that airline commercial operations are overdue for change, regarding airline-passenger relationships, digitalization and data management. It offers airlines software, advisory services and media expertise to keep them at the top of their game and lift their revenues. With a seed investment of more than €3.5 million in 2019, the startup has already expanded to New York, Minneapolis, and Los Angeles.
We are thrilled to work at one of the most recognized travel startups transforming the industry today. But we thrive in part due to our colleagues who have built global businesses that are changing how we travel in radical ways. To kickstart 2020, we reflected on hundreds of conversations from the past year to understand which startups are crafting a completely new narrative for the travel industry.
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Kambris a B2B SaaS startup focused on innovation in the airline industry that recently raised $4 million in funding. Its mission is to help airlines navigate the challenges of digital transformation by lifting their revenues through operator-designed products.
As Kambr puts it, “A perfect storm has been steadily brewing to disrupt the industry status quo. The ever-evolving airline-passenger relationship, digitalization, an explosion of data sources and a host of new technologies have shaken traditional models and methods to their core.” They seek to transform airline commercial operations. Here at TripActions, we are bullish on technologies that want to bring the outdated aspects of the travel industry into the future.