After pivoting, Y Combinator grad Glimpse raises $35M led by a16z | TechCrunch

Last day to exhibit your breakthrough to 10,000+ tech leaders at Disrupt is on Oct 2. Book Exhibit Table Now. Disrupt doors open Oct. 13. Get your pass and bring someone with you at 50% off. REGISTER NOW. Dispute-tracking fintech Glimpse announced Wednesday that it raised a $35 million Series A led by Andreessen Horowitz, with participation from 8VC and Y Combinator. Founders Akash Raju, Anuj Mehta, and Kushal Negi, attended Purdue together and were initially building a startup that did Airbnb product placements. That company launched in 2020, but by 2024, the founders pivoted to a wholly new idea: Glimpse, a platform that helps retailers automate financial deduction processes. It raised a $10 million round last year, led by 8VC, after the business pivot, which it called a Series A round at the time. It is now calling this fresh $35 million a Series A round, and rebranding its previous Series A as a seed round. The company has raised $52 million to date, including funding they raised before they pivoted. “We ultimately felt we lacked product-market fit and decided to hard pivot,” Raju said of the first, unsuccessful idea. “In this process, we had exposure to brands’ back offices an