PennApps / Startups

Startup Roundup: Venmo updates its line of apps

Venmo is also mum on reports that Accel Partners recently listed Venmo as one of its portfolio companies.

Technically Philly’s Startup Roundup parses out the small pieces that make our greater Startup ecosystem thrive. We want to keep you in touch with the innovations that we can’t quite get to covering, but that deserve highlight. Follow along with the Startup Roundup’s dedicated newsletter or RSS feed. If you’ve got news to share, get in touch.
Venmo has released new iPhone and Android apps which integrates Foursquare and Facebook locations, stats on usage, a more accessible recent transaction list, and a referral program that offers $1 per friend that signs on. Venmo is also mum on reports that Accel Partners recently listed Venmo as one of its portfolio companies. An email to the company was prompted with links to its already reported funders, $1.2 million in seed funding led by RRE Ventures.

Monetate last week announced that it signed on a new client,, which utilize the technology for its e-commerce platform. The company also brought on a new Strategic Services Director, Nathan Richter, who was responsible for The Franklin Mint’s online business channel.
The Daily Pennsylvanian writes about PennApps Labs, an effort that has apparently culminated from the PennApps hackathon, which is an school-funded effort to create applications for the University, like a registrar API, book bazaar and study space finder. Heads up, Penn kids, they’re hiring.
Former DreamIt Ventures graduate SeatGeek, now based in New York City, announced an angel investment from none other than Ashton Kutcher and A Grade Investments, according to GigaOM.
Startup Roundup will post weekly on Wednesdays until there’s not a Philly startup story left to link to on the Internet. See others here, or sign-up for its email newsletter.

Companies: Monetate / SeatGeek / Venmo

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