TechCrunch

MAY 5, 2022

million (CAN $299 million) since its 2019 inception, and values the company at over $784.8 At the same time, the incumbent banks are stuck with their mainframes, IBM contracts, and software written in COBOL,” he wrote via email.” Canadian digital bank Neo Financial has raised $145.2

incumbents 97

incumbents networking finance financing 97

TechCrunch

FEBRUARY 10, 2021

So she teamed up with Dmitry Kashlev, a Russian immigrant, in January of 2019 to create a solution for other foreign-born individuals and young adults facing similar credit challenges. That fall, the startup (short for Tomorrow’s Credit) was accepted into the Barclays Accelerator, powered by Techstars.

incumbents 101

incumbents finance financing accelerator 101

AsiaTechDaily

JANUARY 19, 2023

million to fund its mission to accelerate financial inclusion and strengthen the neo-rural bank ecosystem in Indonesia, especially outside the Greater Jakarta area. Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy.

peer-to-peer 75

peer-to-peer incumbents accelerator economic growth 75

TechCrunch

DECEMBER 16, 2021

With the latest funding, ManageXR will support its expanding team and go-to-market strategy as the company has experienced rapid growth since becoming available to beta users in November 2019 and officially launching in April 2021. Los Angeles-based Talespin nabs $15 million for its extended reality-based workforce training tools.

incumbents 87

incumbents hospitality collaboration enablement 87

TechCrunch

AUGUST 30, 2021

billion (up from $1 billion in its previous fundraise in 2019), sources told TechCrunch, requesting anonymity as the matter is private. Incumbents, despite all their resources have launched products which appear as another variant of an ICE product and lack the punch. billion to $3.5

peer-to-peer 99

peer-to-peer incumbents accelerator finance 99

TechCrunch

MAY 11, 2021

It’s raising a $30 million Series B, led by TransUnion — one of the largest incumbents in an industry that Spring Labs is looking to shake up. We knew a relationship with TransUnion in particular had the capacity to significantly accelerate our business,” he said.

collaboration 95

collaboration incumbents networking disruption 95

TechCrunch

AUGUST 24, 2021

million since its 2019 inception. For its part, Patrick Backhouse of Greenoaks Capital believes that Brazil has an “enormous” SME economy that has historically been “underserved by incumbent banks.”. Since investing in the company’s Series A, we’ve seen accelerated momentum and proof that this is an enormous addressable market.”.

incumbents 96

incumbents capital financing finance 96

TechCrunch

JANUARY 28, 2021

billion in 2019. We have seen 20 creator led learning platforms across “preK to Gray” learning in addition to incumbents like Teachable and very few have an ability to build a moat in my view. For higher ed, I expect that there will be an acceleration in online learning for adults as they continue to look to reskill or upskill.

education 134

education venture capital ventures opportunity 134

TechCrunch

AUGUST 17, 2022

Including the company’s debut round of $110 million led by Pitango when it first came out of stealth mode in 2019, DriveNets has now raised just over $580 million. “We have seen in the past couple of years some of the incumbent networking vendors starting to adopt our model,” said Susan.

networking 77

networking peer-to-peer incumbents innovation 77

TechCrunch

JULY 13, 2021

Spradling through the Antler accelerator, a Singapore- and New York-based early-stage investment and advisory services program that connects entrepreneurs and tech operators to launch new businesses. They started Marco in 2019 and now have offices in New York, Dallas and across Latin America. Shoihet met his co-founder and COO Peter D.

support 100

support financing finance funders 100

Y Combinator

MAY 6, 2020

Pinduoduo is one of the first companies to successfully create a social shopping experience online, and has accelerated the transition of commerce from offline to online in China. As of December 31, 2019. Social shopping is particularly important for categories where consumers seek feedback or recommendations from friends. eMarketer.

accelerator 138

accelerator networking enablement opportunity 138

TechCrunch

NOVEMBER 15, 2022

“We started the OpenAI Startup Fund to accelerate the impact companies building on powerful AI will have on the world, and we’re particularly excited about tools that empower people creatively,” OpenAI COO Brad Lightcap, who manages the OpenAI Startup Fund, said in a press release.

media 94

media incumbents creativity energy 94

Haystack

DECEMBER 26, 2018

Maybe it will be 2019, or 2020 — or even 2021. They’ll have to back up the truck for their best companies, take acquisitions off the table, and go right after the incumbents head-on. Speaking of acquisitions — many leaders of larger VC funds have privately given up on the incumbents buying their companies.

opportunity 76

opportunity incumbents VC culture 76

TechCrunch

APRIL 28, 2021

Challenger banks continue to make significant waves in the world of finance, with smaller outfits luring customers away from incumbents by providing an easier way for them to not only engage with basic banking services, but to tap into a wave of technology that brings more personalization and often better deals into the equation. billion ($1.8

incumbents 102

incumbents finance financing strategy 102

TechCrunch

FEBRUARY 23, 2023

.” 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. Microsoft in 2017 acquired Cloudyn, which provided tools to analyze and forecast cloud spending.

investment 92

investment investing peer-to-peer startup 92

TechCrunch

NOVEMBER 16, 2022

Today, Akeyless is thriving, Angel tells me — despite fierce competition from incumbents like Hashicorp Vault, AWS Secrets Manager and Google Cloud’s Secret Manager. Akeyless has customers across the retail, fintech, insurance and gaming sectors, among others, including Wix and Outbrain. .

incumbents 86

incumbents development capital venture capital 86

TechCrunch

MARCH 21, 2022

He exited the company to Lowe’s in 2019. That’s why he believes now is the time to accelerate CommerceIQ. Incumbents are over 20 years old and built on aging infrastructure created before the smartphone and social media,” he added. The company also grew in automations, delivering 215 million last year, up 70 million in one year.

capital 89

capital startup enablement incumbents 89

TechCrunch

OCTOBER 19, 2021

But along with that, we have also seen a related surge in funding into companies that provide the infrastructure that financial institutions — incumbents and fintechs alike — need in order to operate faster and more competitively. Accel actually invested in Galileo before it sold to SoFi in October of 2019. ).

incumbents 96

incumbents finance financing technology 96

TechCrunch

JUNE 17, 2021

Silicon Valley-based Accel led the round for Unit, bringing the company’s total raised since its 2019 inception to nearly $70 million. One such startup, Unit , has raised $51 million in a Series B round to further its goal of making it possible for companies and fintechs alike to build banking products “in minutes.”. Unit raises $18.6M

incumbents 89

incumbents financing finance accelerator 89

TechCrunch

OCTOBER 12, 2021

million since its 2019 inception. On top of this, the accelerating adoption of banking and mobile e-commerce in LatAm has created an environment for a breakout company in the space today.”. With the latest Series A financing, Nelo has raised a total of $25.6 To be clear, Nelo is not the only player in the Mexican market.

incumbents 92

incumbents financing finance capital 92

TechCrunch

MARCH 29, 2022

Founded in : 2019. Quick thoughts : In 2019, Curacel started with claims automation and fraud detection in health insurance with hospitals as its target market. The only worry is incumbents might want to eat into Duplo’s meal — but then again, the market is massive. Founded in : 2019. Website : [link].

startup 91

startup hospitality health financing 91

TechCrunch

SEPTEMBER 18, 2022

” The company added that a corporate credit card has been one of the most requested features from customers since Mercury launched in 2019. This is particularly interesting because many of the existing corporate card players often point to Concur as an incumbent that they are trying to replace. “It’s straightforward 1.5%

real estate 82

real estate incumbents opportunity founder 82

Y Combinator

DECEMBER 8, 2021

In 2022 and beyond, Monzo’s revenues are likely to further accelerate as they benefit from cross border-travel, increased EU interchange rates, and new products. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer expectations. trillion in deposits.

peer-to-peer 40

peer-to-peer incumbents finance financing 40

TechCrunch

JANUARY 16, 2021

Any area that needs to compete both with incumbents and also a set of already successful “new age” companies that made the first step of meaningful disruption. meter coworking office space where majority of our portfolio companies and accelerator program companies sit on a daily basis. At TAU Ventures, we have 1,000 sq.

startup 141

startup SaaS mix-use opportunity 141

TechCrunch

JUNE 5, 2022

But it is illustrative of the measures that financial services companies — incumbents and fintechs alike — are taking to make their installment loans available to more consumers. In other words, it wants to help fintechs be in a stronger position to compete with incumbents, something it believes will benefit consumers. And elsewhere.

incumbents 96

incumbents finance financing pitching 96

TechCrunch

APRIL 30, 2021

billion in 2019. As our own Manish Singh reported when the company’s numbers became public, a “successful listing [could be] poised to encourage nearly a dozen other unicorn Indian startups to accelerate their efforts to tap the public markets.”. Image Credits: TEK IMAGE/SCIENCE PHOTO LIBRARY / Getty Images. billion from $17.8

startup 78

startup construction VC health 78

Andreessen Horowitz

MARCH 13, 2024

And then there was actually one guy who…actually, his name is, I think, Alec Radford, and he literally was like off in the corner at OpenAI, like, working on this in 2018, 2019. And so I don’t think there’s some magic bullet to hugely accelerate things. So it was kind of this very surprising thing.

energy 95

energy education technology capital 95