Startups

Insurance startup Buddy secures $7M capital raise after pivot

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The new funding infusion comes about two years after Buddy pivoted to focus on selling software to insurance companies, though it still offers the on-demand accident insurance product that it originally introduced in 2018.

Bankrupt mover WayForth eyes exit from Chapter 11

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After winding down its out-of-town operations and ducking into bankruptcy last summer, WayForth’s CEO says the Richmond-based moving company is now moving in the right direction.

Chop Chop, FoodUp and a delivery deal gone wrong

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A bid to create a more formidable local competitor to national restaurant delivery apps like DoorDash has left a five-year-old local startup defunct and its founder considering legal action.

Start It Up: Richmond startup roundup for 2023

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Several Richmond-area startups saw notable growth amid the usual hustle and bustle of company launches, pivots and capital raises in the local startup scene during 2023.