PYMNTS

JANUARY 16, 2020

Vroom said it will use the capital to invest in expanding its workforce, technology, operations and marketing, as well as products. The company also opened an engineering port in Detroit this year, choosing the city for its “wide pool of skilled tech, design and product talent, as well as its longtime automotive industry legacy.”

Retail 131

Retail Detroit Video Online 131

PYMNTS

MARCH 17, 2017

million in venture capital — the most the industry has seen in a while. The backing, which also saw participation from CU Solutions Group, Baird Capital, Detroit Venture Partners and Invest Michigan, will be used to expand operations, gain new bank and credit union clients, and focus on sales, distribution and marketing, the company said.

Fintech 104

Fintech Detroit Capital Michigan 104

Perficient

MAY 21, 2021

Within mere weeks, 22 women are in the final stages of completing a Perficient-sponsored coding bootcamp in Detroit; their final project includes designing their own apps, all of which serve the world in various ways and all certain to make an impact. Christina is always finding new ways of using her creativity to inspire others.

Milwaukee 348

Milwaukee Software Course Detroit 348

PYMNTS

JULY 24, 2018

In a press release , the Detroit car maker said the new unit will also be charged with accelerating the autonomous vehicle (AV) business so that Ford can capitalize on market opportunities. Team Edison will continue to report to Jim Farley, executive vice president and president of global markets.

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Detroit User Experience System Technology 100

PYMNTS

SEPTEMBER 22, 2020

Just this week, investors in Starwood Capital Group started to show signs of strain after the pandemic shuttered stores and wiped out emergency cash reserves, leading to default on a $700 million loan. REITs are not exactly a source of good or even consistent news these days. But apparently they’re doing something right in Philadelphia.

Philadelphia 206

Philadelphia Retail DC Detroit 206

PYMNTS

JUNE 17, 2016

One such case is that of the Detroit-based Lakeside Mall that has defaulted on a $144 million loan payment. The property is operated by the second largest U.S. In 2006 or 2007, everything was beautiful,” said RBC Capital Analyst Rich Moore. mall owner, General Growth Properties Inc.

US 100

US Payments Detroit America 100

PYMNTS

AUGUST 27, 2018

Volkswagen has a $4 billion plan for connected and autonomous vehicle technology, one that includes a proprietary software operating system and will support car sharing, delivery and other services. A “new software operating system, to be known as ‘vw.OS’ … will be introduced in VW brand electric cars from 2020 onwards.”.

Software 100

Software Google Detroit System 100

PYMNTS

OCTOBER 12, 2018

And Starbucks has a new investor : Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 In September , Amazon and Whole Foods Market brought the service to Ann Arbor, Detroit, Jacksonville, Milwaukee, Madison, Omaha, St. percent stake in Starbucks.

Retail 116

Retail New York City San Francisco New York 116

CB Insights

OCTOBER 9, 2018

Clients can view the full list of 150+ cashier-free retail operators here. Some historians date its existence to over 2,000 years ago: texts from ancient Greece describe a coin-operated machine for dispensing holy water in temples. Today, Amazon operates four Amazon Go stores: 3 in Seattle and 1 in Chicago. Companies to watch.

Retail 71

Retail Technology San Francisco Mobile 71

CB Insights

JANUARY 3, 2019

NACTO has other partnerships, including one with scooter company Lime that allows it to provide anonymized scooter use data to the government of Detroit. All of its data is fine-tuned to operate on NACTO’s SharedStreets data standard. Remix creates visualizations . The first launch of this initiative was in the Philippines.

Data 72

Data Los Angeles Mobile Tools 72

Fintech Labs Insights

JANUARY 20, 2017

Milne wrote that the investment will be used to expand Dwolla’s sales and account management operations in Des Moines, Iowa. The round featured participation from Detroit Venture Partners, Firebrand Ventures, High Alpha, Ludlow Ventures, and Next Level Ventures, and brings Dwolla’s total capital to just over $39 million.

Capital 12

Capital Iowa Kansas City Detroit 12

CB Insights

JULY 22, 2017

Both methods allow mission-critical devices to operate safely without the latency that comes from transmitting all data to a cloud; this can also save big on bandwidth. Companies like Kindred and Sarcos are developing worker exoskeletons that can help handle heavy materials or be remotely operated for inspections. 3D Printing.

Marketing 29

Marketing Resources Capital Analytics 29

Fintech Labs Insights

JULY 30, 2024

83,000 17 17 Credibly 28 2010 Detroit 82 97,000 18 19 IOU Financial 23 2011 Atlanta 132 40,000 19 18 Upright (was Fund that Flip) 15 2014 NYC 53 42,000 20t 21 BizFI 13 2005 NYC 160 0 20t 22 SMBX 13 2016 SF 15 30,000 22 23 HoneyComb Credit 12 2017 Pittsburgh 11.9 CAN Capital FAB Score = 127 (down 1) – HQ: Atlanta – Founded: 1998 – Raised: $1.0B

Atlanta 29

Atlanta Utah Miami San Francisco 29

PYMNTS

MARCH 23, 2020

1: In Detroit Bedrock LLC real estate company is giving free rent for the next three months to its small-business retail and restaurant tenants. The company’s portfolio in and around downtown, is said to be expansive and comes as Detroit deals with at least 1,035 infections and nine deaths from COVID-19. “We

Retail 167

Retail Detroit Leadership Regional 167

CB Insights

JUNE 17, 2020

Tech giants aren’t the only companies that have spotted the opportunity in remote diagnostics — some biotech companies have moved quickly to demonstrate value and capitalize on the eased regulations as well. VR has also helped businesses across industries keep operations running. Source: Oxford Medical Simulation.

Industry 101

Industry Technology Online Video 101