Author: OurCrowd

[Tovala in Fast Company] How Tovala transformed from unprofitable to profitable in the meal delivery industry

In early 2022, the meal delivery company I founded, Tovala, went out to raise $100mm from venture capitalists. Our business could not have been hotter. We’d crossed $110mm of revenue, growing over 100% YoY. We had retention that was 3–4 times better than other meal delivery services. We had low awareness, lots of room for product innovation, and a seemingly clear path to an IPO. Read...

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[Locusview in Globe Newswire] Itron signs definitive agreement to acquire Locusview, Ltd.

LIBERTY LAKE, Wash., Nov. 17, 2025 (GLOBE NEWSWIRE) — Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today the signing of a definitive agreement to acquire Locusview, Ltd. and subsidiaries (“Locusview”), a privately held utility-focused software and services company that is based in the United States and Israel. The purchase price for the acquisition is $525 million and will be funded through cash on hand. The transaction is expected to close during January of 2026. Read more...

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