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Allie Garfinkle

Allie Garfinkle

Fortune

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As Figma goes public, a turning point in the long-awaited IPO market recovery takes shape

Figma, the design software unicorn run by Dylan Field, will go public on Thursday in a moment bigger than any one company.

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Fortune

Allie Garfinkle

Eventual, a climate fintech, raises $7.5 million seed round from AlleyCorp and Upfront Ventures

Eventual’s AI model predicts how insurance prices will evolve for any given U.S. property as far ahead as five years in the future.

23.07.2025 4

Fortune

Allie Garfinkle

The changing nature of startup employment, OpenAI’s e-commerce ambitions, and Powell’s future

It has been, to say the least, a wild week in the private markets. I’m taking you briefly inside my reporter’s notebook.

17.07.2025 9

Fortune

Allie Garfinkle

H2Ok Innovations raises $12 million Series A to make manufacturing more precise for big-name customers like Coca-Cola and Unilever

H2Ok Innovations raised a $12.42 million Series A, led by Greycroft, Fortune can exclusively report.

16.07.2025 3

Fortune

Allie Garfinkle

North American VC assets under management are set to grow 38% in five years—slower than the previous five

According to PitchBook, AUM in VC doubled between 2019 and 2024, and are projected to grow about 38% over the next five years.

15.07.2025 10

Fortune

Allie Garfinkle

VC Alexa von Tobel launches new podcast ‘Inspired,’ looking to reset American ambition

A long-time podcast host, Inspired Capital cofounder Alexa von Tobel has launched a new podcast called “Inspired.”

15.07.2025 2

Fortune

Allie Garfinkle

The exclusivity on OpenAI’s $3 billion acquisition for AI coding startup Windsurf has expired

Windsurf is now free to explore other options.

12.07.2025 50

Fortune

Allie Garfinkle

Exclusive: Virtru, data security company, raises $50 million Series D as valuation hits $500 million

Virtru has recently raised a $50 million Series D, led by Iconiq Capital, Fortune has exclusively learned.

11.07.2025 10

Fortune

Allie Garfinkle

Linda Yaccarino’s X exit was predictable—and raises more questions than it answers

In an unsurprising turn of events, Linda Yaccarino’s tenure as CEO of X has come to an end.

10.07.2025 10

Fortune

Allie Garfinkle

Runway’s AI transformed films. The $3 billion startup’s founders have a bold, new script: building immersive worlds

Runway, the $3 billion AI video startup, has hosted the AI Film Festival since 2023 to showcase short films made with AI. This year’s festival...

03.07.2025 6

Fortune

Allie Garfinkle

Figma files for IPO nearly two years after $20 billion Adobe buyout fell through

The design software startup, helmed by cofounder Dylan Field, moved closer towards one of the most anticipated public offerings of the year.

02.07.2025 6

Fortune

Allie Garfinkle

Exclusive: Ambrook raises $26.1 million Series A to provide farmers and ranchers with better accounting software

Founded in 2021, Ambrook has raised a $26.1 million Series A, led by Thrive Capital and Dylan Field, Fortune has exclusively learned.

01.07.2025 30

Fortune

Allie Garfinkle

Longtime Bessemer investor Mary D’Onofrio, who backed Anthropic and Canva, leaves for Crosslink Capital

D’Onofrio will lead Crosslink’s crossover fund, where she will focus on AI vertical software and infrastructure, making a small number of...

30.06.2025 2

Fortune

Allie Garfinkle

What makes an AI avatar seem human, according to Synthesia’s CEO

When I was writing a feature for Fortune’s just-released digital issue, I asked Synthesia CEO and cofounder Victor Riparbelli: What makes an avatar...

27.06.2025 50

Fortune

Allie Garfinkle

Exclusive: Sorenson Capital raises $150 million third fund to chase security and enterprise software deals

Sorenson Capital has raised its third fund at $150 million, Fortune can exclusively report.

26.06.2025 10

Fortune

Allie Garfinkle

AI avatars are here in full force—and they’re serving some of the world’s biggest companies

Most people absorb information from video more readily than text, and digital avatars make training and comms videos easier and cheaper to produce.

26.06.2025 30

Fortune

Allie Garfinkle

South Loop Ventures’s Zach Ellis on investing in Texas and diverse founders

Zach Ellis recently launched South Loop Ventures’s first $21 million fund.

19.06.2025 20

Fortune

Allie Garfinkle

Traversal emerges from stealth with $48 million from Sequoia and Kleiner Perkins to reimagine site reliability in the AI era

Traversal launches from stealth with $48 million in funding from its seed and Series A rounds, led by Sequoia and Kleiner Perkins, Fortune has...

18.06.2025 20

Fortune

Allie Garfinkle

In Q1 2025, enterprise SaaS M&A deal count hit 210, according to PitchBook

Q1 2025 saw 210 enterprise SaaS mergers and acquisitions get done, a number on par with the 211 deals inked in Q4 2024, says PitchBook data.

17.06.2025 10

Fortune

Allie Garfinkle

WorkWhile, flexible labor platform, raises $23 million Series B

WorkWhile raised a $23 million Series B, Fortune has exclusively learned. Rethink Impact led the round.

16.06.2025 2

Fortune

Allie Garfinkle

Exclusive: Felicis has raised $900 million tenth fund

Felicis has raised its tenth fund at $900 million, the firm’s largest to date, Fortune can exclusively report.

12.06.2025 7

Fortune

Allie Garfinkle

Term Sheet Next: Steven Lee, an SV Angel alum, launches Seven Stars with $40 million VC fund for seed and pre-seed AI startups

Steven Lee has left his role as a partner at SV Angel to start his own firm, Seven Stars, which is debuting with an oversubscribed $40 million fund.

11.06.2025 5

Fortune

Allie Garfinkle

Exclusive: Laurel raises $100 Series C to map where the time goes

Laurel has raised a $100 million Series C led by IVP, Fortune has exclusively learned. The deal values the startup at $510 million.

10.06.2025 10

Fortune

Allie Garfinkle

Exclusive: Gusto launches $200 million–plus tender offer

Gusto, an HR tech startup valued at more than $9 billion, is conducting an over $200 million tender offer via a deal led by the Ontario Teachers’...

10.06.2025 8

Fortune

Allie Garfinkle

Infisical raises $16 million Series A led by Elad Gil to safeguard secrets

Infisical, secrets management startup, has raised a $16 million Series A, led by Elad Gil.

06.06.2025 5

Fortune

Allie Garfinkle

Nectar Social buzzes out of stealth with $10.6 million backing from GV and True Ventures

Misbah and Farah Uraizee, sisters and cofounders, launch startup Nectar Social from stealth with $10.6 million in funding.

05.06.2025 8

Fortune

Allie Garfinkle

As the Fortune 500 comes out, Cerity Partners’ Scott Lenet weighs in on startups, giants, and CVCs

Cerity Partners’ Scott Lenet spoke to Fortune about his firm’s merger and the state of CVC, as the Fortune 500 comes out this week.

03.06.2025 10

Fortune

Allie Garfinkle

What it’s like watching your company be acquired for $8 billion—20 years after leaving

Gaurav Dhillon cofounded Informatica but left after 12 years in 2005. Now, he watches the company get acquired by Salesforce for $8 billion.

30.05.2025 10

Fortune

Allie Garfinkle

Exclusive: Hex raises a $70 million Series C to double down on data in the AI era

Hex, a data analytics startup, has raised a $70 million Series C, Fortune can exclusively report.

28.05.2025 3

Fortune

Allie Garfinkle

AI M&A signals that the hype cycle is growing up

As April showers brought May flowers, they also brought a whole new wave of AI-centric M&A.

23.05.2025 10

Fortune

Allie Garfinkle

Why AI isn’t fully replacing jobs—but is still reshaping the workforce

At Fortune’s Workplace Innovation Summit, Indeed’s CEO and OpenAI’s Chief People Officer sounded off about what AI means for the future of jobs.

20.05.2025 10

Fortune

Allie Garfinkle

Forget kombucha and ping pong, Gen Z thinks student loan repayment is ‘essential’ in the next job search

The new workplace priority is in-person connection and practical extras like student-loan assistance.

20.05.2025 10

Fortune

Allie Garfinkle

Indeed CEO Chris Hyams says AI won’t steal your job, but it will definitely change it

The job platform CEO predicted the next three years will be like 30 years’ worth of change in the job market.

20.05.2025 7

Fortune

Allie Garfinkle

Exclusive: Stord raises $200 million in equity and debt to empower brands competing with Amazon

Stord, now valued at $1.5 billion, has raised $80 million in equity and $120 million in debt, Fortune has exclusively learned.

16.05.2025 10

Fortune

Allie Garfinkle

Airbnb’s new app for ‘services’ is getting shot down by critics — here’s why CEO Brian Chesky should be thrilled

Brian Chesky's vision for Airbnb’s future includes a new app, cooking classes, massages, and Chance the Rapper.

15.05.2025 7

Fortune

Allie Garfinkle

Exclusive: Two decades in, DFJ Growth raises $1.2 billion for its fifth fund and doubles down on the long game

DFJ Growth—backers of Coinbase, Twitter, and Ring—raised $1.2 billion for its fifth fund, Fortune can exclusively report.

13.05.2025 10

Fortune

Allie Garfinkle

At Brainstorm AI London, AI’s use cases are increasingly practical while the future remains cloudy

At Fortune Brainstorm AI London, use cases for AI have taken shape as questions about the future abound.

09.05.2025 10

Fortune

Allie Garfinkle

Exclusive: Bustle Group’s Nylon is launching a free, invite-only club for ‘young tastemakers’ that aims to reinvent media business models

Nylon, the magazine owned by Bryan Goldberg's Bustle Digital Group, is launching a new membership program in late 2025 around a community of...

06.05.2025 5

Fortune

Allie Garfinkle

The new extreme in ‘founder friendly’ deals: Complete board control

Mira Murati and Andreessen Horowitz are working on a funding round that could set a new standard for “founder friendly” deals.

02.05.2025 30

Fortune

Allie Garfinkle

Flexport CEO Ryan Petersen on Trump’s tariffs and the uncertain future of global trade

Ryan Petersen, CEO and founder of Flexport, speaks to Fortune about the pressures tariffs place on American businesses.

01.05.2025 8

Fortune

Allie Garfinkle

Intel’s spin off reversal puts Intel Capital at a crossroads

In January, Intel announced plans to spin off Intel Capital, the company’s corporate venture arm. Last week, Intel’s new CEO walked that decision...

30.04.2025 10

Fortune

Allie Garfinkle

Exclusive: Gorgie, energy drink brand launched by Lively founder, raises $24.5 million Series A

Gorgie, founded by Michelle Cordeiro Grant, has raised a $24.5 million Series A led by Notable Capital, Fortune can exclusively report.

29.04.2025 8

Fortune

Allie Garfinkle

Exclusive: Reducto, AI document parsing startup, raises $24.5 million Series A led by Benchmark

Reducto has raised a $24.5 million Series A, led by Benchmark, Fortune can exclusively report.

25.04.2025 10

Fortune

Allie Garfinkle

Term Sheet Next: NEA partner Ann Bordetsky is on a mission to fund AI-first products and startups creating economic empowerment

Bordetsky, who joined VC firm NEA in 2021, has backed startups including Perplexity and Ceramic AI.

22.04.2025 10

Fortune

Allie Garfinkle

The AI unicorns that will soar, stagnate, and fall over the next few years, according to readers

Fortune asked readers to make some predictions about what the next few years will hold for the buzziest companies in AI.

18.04.2025 6

Fortune

Allie Garfinkle

Exclusive: Revel emerges from stealth with $30 million to prevent your critical hardware from exploding—literally

Revel, a startup that builds software for controlling critical hardware, launches from stealth with $30 million in funding.

17.04.2025 8

Fortune

Allie Garfinkle

Figma, software unicorn, confidentially files for an IPO despite Wall Street turbulence

Figma has confidentially filed for an IPO more than a year after a $20 billion acquisition bid by Adobe fell apart due to antitrust concerns.

16.04.2025 5

Fortune

Allie Garfinkle

Mark Zuckerberg’s showdown with the FTC is massive for Meta—and even bigger for tech overall

Mark Zuckerberg is set to take the stand for a second day amid Meta's FTC trial.

15.04.2025 10

Fortune

Allie Garfinkle

Mark Zuckerberg’s day in court highlights one of the tech industry’s inconvenient truths

The Facebook founder and CEO took the stand on the first day of the FTC's antitrust case against Meta. The stakes are high, and not just for Zuck.

15.04.2025 5

Fortune

Allie Garfinkle

The oxymoron of Mira Murati’s reported $2 billion seed round

OpenAI CTO Mira Murati has reportedly doubled the amount of funding she’s seeking to raise for her startup Thinking Machines Lab.

11.04.2025 3

Fortune

Allie Garfinkle