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80 percent of construction firms are having trouble hiring craft workers ( Associated General Contractors of America from August 2018 ).Today, billion into construction tech in 2018. Tech companies of the last few decades have largely focused on industries that can easily be networked and analyzed as a bit-stream (media, finance, etc).
million in equity financing. Ashby was founded in 2018 by Benjamin Encz and Abhik Pramanik, who met while working together at PlanGrid, a construction productivity software startup. . “Existing recruiting data and analytics are limited and unreliable, making it difficult for finance to do … planning.
The new financing was led by ABS Capital Partners, and follows three consecutive years of 50% year-over-year growth for Apptopia’s business, which has been profitable since the beginning of last year, the company says. Rivals had more accurate data from about 2016 through 2018 because of their use of mobile panels, Kay says.
And yet when CB Insights dropped its 2021 fintech datacollection , it noted that global insurtech venture activity hit a new high in the year. MetroMile was valued at $540 million during its final private round in 2018, per PitchBook data. billion in capital (again, an all-time record, and a 90% gain over 2020.).
Sisu Data , which aims to help businesses make better decisions, announced today it has raised $62 million in a Series C round of funding led by Green Bay Ventures. The financing brings San Francisco-based Sisu’s total raised since its 2018 inception to over $128 million. NEA led the company’s $52.5
The bootstrapped company — which didn’t receive outside capital until 2018 — depended on original AI research that Beguir published , which led to the startup being discovered by specialized clients who later became partners and investors, such as DeepMind, Google and its future acquirer BioNTech. That was crazy.
The company was launched in 2015 by Oluwatomi Ayorinde and Damilola Ayorinde as MobileForms, a datacollection agent network. In 2018, the company got its first big break while working on TraderMoni, a small loan scheme for micro traders pioneered by the Nigerian government.
Many startups in Silicon Valley and other leading startup hubs have increasingly relied on unpriced rounds (SAFEs or convertible notes) for their first or even second rounds of financing. But as today’s data pull (the October 2019 Vintage) shows, 2017 was actually an increase from 2016 (though still down compared with 2014).
We last chatted to Landbot back in 2018 when it raised a $2.2 Since its seed it’s also increased recurrent revenues 10x — and is expecting growth to keep stepping up, fuelled by the new financing. Previous investors Nauta Capital, Encomenda and Bankinter also participated in the round. million seed and had 900+ customers.
Silversmith Capital Partners and returning investor PSG are leading the round: PSG, along with Greater Sum Ventures, led a leveraged buyout of the company in 2018. “Now we are not only focused on datacollection, but document generation.”
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