Y Combinator

DECEMBER 8, 2021

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. Access to capital through overdrafts and Monzo credit products. Outperforming incumbents with modern experience and digital infrastructure. expectations. Social features to pay your friends (e.g., Splitwise).

peer-to-peer 102

peer-to-peer incumbents finance financing 102

TechCrunch

FEBRUARY 1, 2022

We were bullish on fintech when we launched the Matrix Fintech Index in 2017, but even we underestimated the magnitude of the growth to come. Despite a roughly 30% draw-down in the last months of 2021, the Matrix Fintech Index continued to beat the broader market as well as incumbent financial service companies.

incumbents 107

incumbents VC accelerator investing 107

Haystack

JULY 20, 2018

From an investment point of view, managing and deploying capital in the same physical area makes sense, where investors can work with young companies and help them with a variety of things. San Francisco proper was #1, and taken on the whole, the Bay Area, of course, receives more venture capital investment than anywhere else, naturally.

investing 116

investing investment venture capital peer-to-peer 116

TechCrunch

APRIL 20, 2023

CoreWeave today announced that it raised $221 million in a Series B funding round led by Magnetar Capital with participation from Nvidia, former GitHub CEO Nat Friedman and ex-Apple exec Daniel Gross. ” It’s tough for any cloud provider to compete with the incumbents in the space — i.e., Google, Amazon and Microsoft.

investing 97

investing investment incumbents accelerator 97

TechCrunch

FEBRUARY 3, 2022

Since its 2017 inception, Mos has opened access to a pool of over $160 billion in financial aid to the more than 400,000 students within its community. We don’t want to be elitist, we don’t want to do this for a very small category of people because we really want to become the incumbent bank in the U.S.,”

incumbents 99

incumbents startup communities consulting 99

TechCrunch

FEBRUARY 17, 2022

But China and the United States are far from the only technology markets with developed startup and incumbent cohorts, strong venture capital activity, and capital markets able to translate early-stage ideas into public companies. Angular divides venture capital activity into two buckets that are useful for broad comparisons.

venture capital 91

venture capital incumbents leadership SaaS 91

TechCrunch

FEBRUARY 4, 2021

” The funding is being led by Left Lane Capital, with Finistere Ventures, Comcast Ventures, OurCrowd, Origin Ventures, Pritzker Group Venture Capital and Joe Mansueto — all previous backers — also participating. And back in 2017, Electrolux acquired sous vide startup Anova for $250 million. “The

incumbents 111

incumbents incubation enablement capital 111

TechCrunch

MAY 11, 2022

That player, Crowdz , recently secured $10 million in financing co-led by Citi and Dutch growth equity firm Global Cleantech Capital, with participation from Bold Capital Partners, TFX Ventures and Augment Ventures. In 2019, Barclays Bank and Bold Capital Partners co-led a $5.5 million Series A funding round for Crowdz.

finance 98

finance financing funders SaaS 98

TechCrunch

JULY 19, 2021

The company has a total of $13 million in venture-backed investments since Rise was founded in 2017, founder and CEO Hank Adams told TechCrunch. Though he began in 2017, Adams, who has a background in sports technology, said he spent a few years working on prototypes before launching the first products in 2019.

incumbents 98

incumbents sustainability ventures investment 98

TechCrunch

FEBRUARY 23, 2023

Growth Partners with participation from Active Capital and other unnamed investors. ” Several years ago, the market for cloud optimization software and “ FinOps ,” while nascent, was consolidating as incumbents in adjacent sectors saw the opportunities presented by cloud cost optimization. ” “H.I.G.

investing 92

investing investment peer-to-peer startup 92

StartupNation

MARCH 16, 2021

The brand began as an online retailer that was later bought by Walmart in 2017 for $310 million. If necessary, raise capital to support scaling the team, iterating the solution and expanding to solve new problems for the same customer, or new problems for new customers. Build a team to support your iteration and scaling.

peer-to-peer 85

peer-to-peer incumbents innovation entrepreneurs 85

TechCrunch

APRIL 7, 2021

The company notched gross revenue of $265 million in 2020 and has raised capital over the years from backers such as General Atlantic and Tiger Global Management. The challenger bank was created to target millennials dissatisfied with the incumbent banking options. Since its inception in 2012, Avant has connected more than 1.5

incumbents 98

incumbents finance financing innovation 98

TechCrunch

NOVEMBER 15, 2022

Descript , the audio and video editing platform founded in 2017 by former Groupon CEO Andrew Mason, has raised $50 million in a Series C round led by the OpenAI Startup Fund, a tranche through which OpenAI and its partners, including Microsoft, are investing in early-stage companies.

media 94

media incumbents creativity energy 94

TechCrunch

JUNE 8, 2022

Embedded finance — where financial services companies and others bring in different kinds of fintech technology by way of APIs to enhance their own offerings with more data and functionality — remains a growing opportunity, both to help fuel new business and to help incumbents get up to speed with their disruptors.

incumbents 87

incumbents financing finance technology 87

TechCrunch

MARCH 18, 2022

faster than those incumbents, and continue to expand it to more services in its home market, as well as take them abroad. The company has raised £175 million ($230 million at today’s conversion rates), from a single investor, the PE firm Apax Partners. ClearBank describes itself as the first clearing bank to have launched in the U.K.

incumbents 79

incumbents enablement disruption innovation 79

TechCrunch

MAY 1, 2021

Back in July of 2017, I wrote a piece noting that their aggregate value had reached the $3 trillion mark. And it helps explain why startups have been able to raise so much capital lately in the United States , as they have in Europe , and why private-market investors are pouring so much capital into fintech startups.

incumbents 106

incumbents mix-use capital venture capital 106

TechCrunch

SEPTEMBER 13, 2021

Whatley started the company in 2017 with his brother, Daniel, Stuart Kennedy and Nikki McNeil while a Harvard undergrad. Costanoa Ventures led the investment and was joined by Torch Capital and a group of angel investors including Fivestars CTO Matt Doka and Hu’s Kitchen CEO Mark Ramadan.

startup 80

startup incumbents development capital 80

TechCrunch

APRIL 9, 2021

More than 10 startups raised capital to make plant-based protein for a country with increasing meat demand. The competition intensified further last year when American incumbents Beyond Meat and Eat Just entered China. How to kick the 10 worst startup habits with Fuel Capital’s Leah Solivan. Image Credits: MaC Venture Capital.

board 91

board pitching venture capital mix-use 91

TechCrunch

MARCH 16, 2023

As we’ve written about before , several years ago, the market for cloud optimization software, while nascent, was consolidating as incumbents in adjacent sectors saw an opportunity to make a mark. In 2017, Microsoft acquired Cloudyn, which provided tools to analyze and forecast cloud spending.

incumbents 98

incumbents investment investing opportunity 98

Entrepreneur's Handbook

APRIL 25, 2022

My journey and how I came to this decision My journey into crypto began in 2017. I ended up taking a job at a SaaS startup called Troops after graduating, but I had already been orange-pilled back in 2017. It would be hard not to with such massive amounts of capital injections into the economy. I was also an avid poker player.

real estate 82

real estate incumbents investment investing 82

TechCrunch

OCTOBER 13, 2022

Founded out of London in 2017, Zen Educate is setting out to supplant the traditional approach to recruiting teachers, a system that typically involves third-party agencies and hefty fees. Zen Educate , an online marketplace that algorithmically matches schools with the best available teachers, has raised £19.3 And in the U.S.,

education 90

education incumbents finance financing 90

TechCrunch

OCTOBER 1, 2021

To create a framework for founders who are charting a path from $1 million to $25 million in annual revenue, Arthur Nobel, a principal at Knight Capital, conducted 47 interviews with founders and investors who’ve taken startups from Series A to C. Startups have more options than ever to lower their reliance on venture capital.

financing 74

financing finance venture capital disruption 74

Tomasz Tunguz

NOVEMBER 6, 2016

Notably, sales startups raised the least amount of capital. If we compare these trends to the total aggregate market capitalization of public SaaS companies by buyer, we observe a few interesting patterns. In addition, there were quite a few analytics companies raising capital this year. Series B medians were $19.0M

SaaS 40

SaaS incumbents support investment 40

TechCrunch

MARCH 29, 2022

Abdigani Diriye, Khalid Keenan and Youcef Oudjidane, the other co-founders, have combined experience across engineering, investment banking and venture capital. ” Founders : Henry Mascot started a company in 2017 to help hospitals digitize records. Bloom’s offering allows Sudanese to save in U.S.

startup 91

startup hospitality health finance 91

Tomasz Tunguz

MAY 3, 2016

But I do believe that they are the harbingers of a very active software acquisition market we’ll see in 2016 and 2017. Large software incumbents must bolster their product portfolios so their sales teams have new products to sell. Software multiples in the public markets have compressed, falling by 57% at their nadir.

SaaS 40

SaaS incumbents construction startup 40

Y Combinator

DECEMBER 8, 2021

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer expectations. Monzo attacked incumbent models by creating an entirely app-based experience where customers could open a checking account from their phone for free. Venmo) or split the bill (e.g.,

peer-to-peer 40

peer-to-peer incumbents finance financing 40

TechCrunch

NOVEMBER 2, 2020

Insurance is a huge industry, with McKinsey estimating back in 2017 premiums of more than €4 trillion globally. Previous backers were Passion Capital and Investec. The company is not disclosing the names of people in this latest round, except to say that one is a prominent fintech backer and the other a large financial institution.

incumbents 66

incumbents health founder accelerator 66

Tomasz Tunguz

JUNE 7, 2015

In 2014, Gartner predicted Chief Marketing Officers would control more budget than Chief Information Officers by 2017 , and the initial data shows the trend to be accurate. So, it is incumbent for each startup to determine which of the disciplines is most important, given the goals and the stage of the business.

SaaS 40

SaaS B2B marketing incumbents education 40

OurCrowd

AUGUST 14, 2019

JC Penney closed 139 stores in 2017, despite aggressive efforts to woo Sephora customers and Sears refugees. While incumbent competitor Mattress Firm began a process of consolidation and subsequently filed for bankruptcy in 2018, Casper announced it would be opening 200 retail locations across the US.

sustainability 51

sustainability incumbents technology strategy 51

TechCrunch

OCTOBER 27, 2021

But it feels like we have written far less about fintechs that exist solely to help the incumbents better compete with fintechs. Other investors include B Capital, Point72 Ventures, Fintech Collective, Reciprocal Ventures, Wells Fargo and Pacific Western Bank. We help the incumbents close the gap relative to those players.”.

incumbents 88

incumbents frameworks financing finance 88

TechCrunch

MARCH 16, 2023

Founder and CEO Simon Kalouche says that Nimble’s new model wasn’t the goal when the pick and pack robotic automation firm launched in 2017. “It The startup’s growth is being fueled, in part by a $65 million Series B led by Cedar Pine that also features DNS Capital, GSR Ventures and Breyer Capital.

incumbents 96

incumbents technology networking capital 96

TechCrunch

NOVEMBER 5, 2020

’s leading angels, and also includes Oxford Capital , Social Capital , and 7percent Ventures. Since launching in 2017, Thomas said 62 percent of all placements made by Juggle have been female. It’s now disclosed its funding of $2.1 million from investors in the U.K. and the U.S. Investors include a number of the U.K.’s

SaaS 84

SaaS leadership incumbents energy 84

TechCrunch

AUGUST 12, 2021

It also brings the startup’s total raised to $230 million since brothers Austin and Justin Woodward founded the company with their cousin Brandon Woodward in 2017. The company plans to use its new capital to scale its tax and accounting offerings across enterprise, consumer and government sectors. and the United Kingdom.

data analysis 106

data analysis incumbents finance financing 106

TechCrunch

APRIL 26, 2022

“[With the new capital,] we plan to ramp up investment in our customer success team to onboard new customers,” cofounder and CEO Gadi Shamia told TechCrunch via email. ” Shamia cofounded Replicant in 2017 alongside Andrew Abraham, Benjamin Gleitzman, and Jack Abraham.

incumbents 94

incumbents development culture ventures 94

TechCrunch

JUNE 17, 2021

Andreessen Horowitz, Founders Fund, 8VC, General Catalyst, Lux Capital, Valor Equity Partners and D1 Capital Partners also participated in the round. The new Series D round was led by angel investor and serial entrepreneur Elad Gil, a former Twitter VP and Googler with a track record of investments in companies with exponential growth.

incumbents 101

incumbents technology founder capital 101