August Capital
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Final ticket release to the 14th Annual TechCrunch Summer Party
One of Silicon Valley’s most fun and enduring traditions — the 14th Annual TechCrunch Summer Party — takes place on July 25. If you don’t have a ticket yet, know this: We just released the last batch of tickets. Once they’re gone, that’s it. No party for you. Don’t miss out on a night of fun and opportunity — buy your ticket today.
The Park Chalet, San Francisco’s coastal beer garden, provides a picturesque setting (ocean views anyone?) for a casual evening celebrating the early-startup spirit. Hang out and enjoy local craft beer, cocktails, delicious food and great conversation with other fearless tech entrepreneurs.
TechCrunch parties provide a relaxed way to connect and network, and they’re known as a place where startup magic happens. Who knows? You might meet your future co-founder or funder. Aaron Levie and Dylan Smith, founders of Box, met one of their first investors at a TechCrunch party.
It shouldn’t be too difficult to chat up an investor since our lead VC partner, Merus Capital, will be in the house, along with August Capital, Battery Ventures, Cowboy Ventures, Data Collective, General Catalyst and Uncork Capital.
No TechCrunch event would be complete without exciting startups showcasing their tech and talent.
Here’s the when, where and how:
- When: July 25 from 5:30 p.m. – 9:00 p.m.
- Where: Park Chalet in San Francisco
- How much: $95
As always, you have a chance to win great door prizes, including TechCrunch swag, Amazon Echos and tickets to Disrupt San Francisco 2019.
The 14th Annual TechCrunch Summer Party takes place on July 25, and this is the last ticket release. Don’t miss out on a convivial evening of food, drink, connection and possibility in the company of your entrepreneurial peers. Buy your ticket right here.
Want a free ticket to Disrupt SF?
Volunteer for the Summer Party and work with the TechCrunch team for a few hours. Sign up to volunteer here.
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As meal-kit melee stretches on, Sun Basket whips up $30M Series E
Sun Basket, a provider of a healthy meal kit delivery service, has raised another $30 million in venture capital funding. The round, led by PivotNorth Capital, brings the company’s total raised to $125 million.
The Series E funding delays Sun Basket’s expected initial public offering once again. There’s been unsubstantiated talk of a Sun Basket float for quite some time; in fact, before Blue Apron and Hello Fresh, a pair of fellow meal-kit delivery businesses, completed IPOs, Sun Basket was the subject of exit rumors. Alas, we will have to wait a while longer before the company makes the big leap.
After all, Blue Apron has performed very poorly since going public on the New York Stock Exchange two years ago. Sun Basket chief executive Adam Zbar has been honest about the difficulties of running a meal-kit startup in a post-Blue Apron IPO universe, telling PitchBook his company’s Series D round “was by far the most challenging fundraise” in its history.
Sun Basket, headquartered in San Francisco, was founded in 2014 by Webby Award winner Zbar and award-winning chef Justine Kelly . The company delivers fresh, organic and sustainable ingredients to customers, setting itself apart from the large number of meal-kit providers active in the U.S. Its latest infusion of capital will be used to expand their offerings to include breakfast, lunch and dinner “personalized for any lifestyle.”
“We’re thrilled to have the strong support of our investors who share our vision for building the leading personalized healthy eating platform,” Zbar said in a statement. “Food is a $1T market ripe for online disruption, and Sun Basket will continue to innovate, focusing on our customers’ top three needs: health, ease, and personalization.”
Sun Basket says it’s growing fast. In its funding announcement, the business cited a compound annual growth rate of 80% over the last three years with “the best unit economics in the space.” Sapphire Ventures, August Capital, Founders Circle, Unilever Ventures, Baseline Ventures, Relevance Capital, Accolade Partners and Correlation Ventures have also participated in the round.
Despite known issues in the space, a tough path to profitability and high-profile failures (see After raising $125M, Munchery fails to deliver), venture capital investors continue to make deals in the meal-kit/ food-delivery space. From large financings like DoorDash’s $400 million Series F to GrubMarket’s recent $25 million deal, food startups continue to attract investment.
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The final 75 tickets are now available for the TechCrunch Summer Party at August Capital
The TechCrunch Summer Party is a thing of tradition and we hope you can make it out this year. As in years past we’ll gather on the spacious grounds of August Capital in Menlo Park and enjoy an evening of cocktails and the spirit of entrepreneurship. The deck around August Capital’s office is large but cannot hold all of Silicon Valley, so tickets are very limited and released on… Read More
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Tickets are now available for the TechCrunch Summer Party at August Capital
DocSend raises $8M for smarter document sharing
Document analytics startup DocSend has raised $8 million in new funding. Naturally, co-founder and CEO Russ Heddleston said he used his company’s tools to make the deal. DocSend launched at our Disrupt NY conference two years ago, offering users a different way to send email attachments. The attachments are presented in a web viewer, meaning that you get notifications whenever someone… Read More
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Palerra Snags $17M To Automate Cloud Security
Palerra, a cloud security startup, announced $17M in funding today as it continues to build its cloud security automation business. The round was led by new investors August Capital with current investors Norwest Venture Partners (NVP), Wing Venture Capital and Engineering Capital also participating. Today’s money brings the total investment to $25M. The cloud service was founded in… Read More
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TechCrunch’s annual summer soirée is almost here. As in years past, August Capital will host TechCrunch and hundreds of local investors, founders and developers at its sunny office on Sand Hill Road. All are welcome to the August 1 event, but space is very limited.