Carey Lai is founding member and managing director of Conductive Ventures, an early stage venture capital firm he founded with Paul Yeh in 2017. In this episode, Carey discusses his path into venture capital and the challenges of starting his own firm, why he likes...
HopSkip, an intelligent sourcing and booking platform for event planners, has raised $3 million in seed funding led by Conductive Ventures. The funding will be used to add advanced features and integrations, expand its hotel and venue database, and invest in marketing to drive increased...
By Arif Damji and Veda Patel This is the first in a series on innovation across industries from the Conductive Ventures team. As generalist investors, we see innovation and development in many different industries. We believe that the lessons learned in one industry can help founders...
Not a lot of people know that only 5% of employees have access to coaching programs despite a $13 billion annual market? Cloverleaf, claiming to be a leader in automated workplace coaching, is tackling this gap with a unique approach that integrates seamlessly into daily...
Scoop: Quiet juggernaut Ashley Furniture makes $1B acquisition Ashley Home Furnishings last week announced an acquisition of Resident Home, an Indiana mattress maker that primarily sells via direct digital marketing. The big picture: Few media outlets picked up on it, likely because Ashley neglected to mention that it...
Funding to accelerate investment in the Company’s customer-centered retail AI platform MOUNTAIN VIEW, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- MOUNTAIN VIEW, California — March 11, 2024 — Lily AI, ("Lily” or the "Company”), a retail technology platform specializing in AI solutions for retailers and brands, today...
Pet-grooming software company Moego raises $24M Moego, a payments and scheduling software company for pet groomers,raised $24 million in Series A funding led by Base10 Partners, the companytells Axios exclusively.Why it matters: Investors have been betting on the growing number of petsin the country — and...
By Carey Lai, Robin Chan and Veda Patel Getting into one’s dream college can often be a life-changing event. But the college admissions process has become increasingly competitive and stress-inducing, leaving many students and their parents feeling helpless. College admissions counseling has long existed to help...
DraftKings Reaches Agreement to Acquire Jackpocket for $750 Million Transaction Expected to Drive $60 Million to $100 Million of Adjusted EBITDA in Fiscal Year 2026 February 15, 2024 16:24 ET| Source: DK Crown Holdings Inc. BOSTON & NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- DraftKings Inc. (Nasdaq: DKNG)...
By Carey Lai With the Federal Funds rate having gone from 0% in February 2022 to 5.25% today, gone are the days when capital no longer has a cost. In an elevated interest rate environment, VCs and CEOs alike have now shifted from a “growth at...