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Loop, the car insurance company co-founded by Harlem Capital co-founder John Henry, has laid off staff as the company struggles with fundraising.聽Henry took to Instagram to post the email his co-founder Carey Nadeau sent to impacted staff on June 16th. Nadeu also posted the letter to LinkedIn. It stated that this was the absolute last
adidas spezial resort for the company after it had been unsuccessful in raising additional capital after 20 months of trying. Our last opportunity, Nadeau wrote, had an investor pull out at the very final hour, and we just fell short. View this post on Instagram A post shared by John Henry @john
adidas spezial henrystyle The email continued, saying the company decided to reduce its headcount as it seeks to operate through its financial difficulties. It s unclear how many people were impacted. However, according to a LinkedIn post by a former employee, the cuts impacted people who were insurance agents, as well
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Foxtrot, founded in 2013, is looking to reimagine the corner convenience store, offering customers the option to buy in-store or order online for delivery.The company today announced the close of a $17 million growth round,
pink sambas co-led by Imaginary and Wittington Ventures, with investment from previous backers Fifth Wall, Lerer Hippeau, Revolution s Rise of the Rest Seed Fund, M3 Ventures, The University of Chicago, Collaborative VC and Wasson Enterprise, as well
crocs ballerinas as new investors Bluestein Associates and Barshop Ventures.Foxtrot offers a wide variety of products to customers, including craft beer and natural wines, familiar b
skechers kinderschuhe rands like Oreo and everyday goods like Bounty paper towels, as well as products under the Foxtrot label like sandwiches, prepped meals and coffee. It an impressive mix of local, emerging and heritage brands all under one roof. In total, Foxtrot works with more than 100 vendors to supply customers with upwards of 800 different products.Founder and CEO Mike LaVit