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 103

peer-to-peer incumbents financing finance 103

Andreessen Horowitz

AUGUST 30, 2023

Popularized by Michael Milken at Drexel Burnham Lambert, the invention wasn’t all that complicated: issue bonds with very high interest rates and correspondingly high risk, and use that capital to finance the wholesale acquisition of mismanaged, inefficient, and sclerotic companies. billion, against almost $2.8

opportunity 91

opportunity incumbents financing finance 91

TechCrunch

JUNE 9, 2022

Prosus Ventures, Quona Capital, Mouro, IFC, Acrew and Endeavor Catalyst also participated in the round. In total, the company has raised over $150 million in equity funding since its 2019 inception. One advantage for Klar, according to Möller , is that its “cost to serve a user” is about 1/20 of what the incumbents pay.

incumbents 97

incumbents opportunity financing finance 97

TechCrunch

DECEMBER 15, 2021

To give you an idea of just how bad it is, reports indicated that in 2019, credit card interest rates neared a staggering 300% in Brazil. “It’s a huge market that is still controlled by incumbents charging extremely high interest rates, which makes it difficult for people to pay back their loans.

incumbents 80

incumbents startup financing finance 80

TechCrunch

JANUARY 7, 2021

Mambu has been seeing 100% growth year-on-year, but notably, Mambu covered 50 markets when it last raised money, €30 million in 2019 , so you can argue it has some investing and expanding to do on that front. That could lead to consolidation, too. Thought Machine nabs $83M for a cloud-based platform that powers banking services.

SaaS 126

SaaS incumbents opportunity disruption 126

TechCrunch

AUGUST 30, 2021

Falcon Edge Capital is in advanced talks to lead the round, which values Ola Electric between $2.75 billion (up from $1 billion in its previous fundraise in 2019), sources told TechCrunch, requesting anonymity as the matter is private. billion to $3.5 Singapore’s Temasek is also holding conversations, the people said.

peer-to-peer 99

peer-to-peer incumbents accelerator financing 99

TechCrunch

AUGUST 24, 2021

Cora , a Brazilian digital lender to small-and-medium-sized businesses, has raised $116 million in a Series B round led by Greenoaks Capital. million Series A round — led by Silicon Valley VC firm Ribbit Capital — in early April. million since its 2019 inception. Ribbit Capital leads $26.7M

incumbents 96

incumbents capital financing finance 96

Tomasz Tunguz

DECEMBER 18, 2019

The direct listing enables them to go public without raising capital. Software M&A in 2019 reached about $170B up from $136B in 2018, up 25%. And incumbents desire as much of that as possible for themselves. In it, 65% of founders believe the fundraising market in 2020 will present more challenges than 2019.

incumbents 59

incumbents SaaS sustainability collaboration 59

TechCrunch

DECEMBER 7, 2021

The investment was co-led by new investor, McWin, and existing investor, Rage Capital. It then went on to secure another $15 million in Series A funding and $40 million in Series B funding in 2019. EVERY’s first egg protein will be launching as a co-branded ingredient with its first retail customer later this year. in October.

incumbents 99

incumbents enablement technology capital 99

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

AsiaTechDaily

JANUARY 19, 2023

It was also participated by AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora, and Gobi Partners. 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 54

peer-to-peer incumbents accelerator economic growth 54

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. million in debt — led by NGP Capital with participation from Team8 Capital and Jerusalem Venture Partners. million in equity and $19.5

incumbents 86

incumbents development capital venture capital 86

TechCrunch

MAY 25, 2022

A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of millions of dollars. After emerging from stealth in 2019, Sima.ai After emerging from stealth in 2019, Sima.ai It brings Sima.ia’s total capital raised to $150 million.

startup 95

startup accelerator incumbents disruption 95

TechCrunch

SEPTEMBER 14, 2021

“My dad still eats instant ramen each night, and it is such a massive market: 4 billion packets are sold per year, but it is also a product that has been dominated by the same three incumbents for years.”. Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years. billion of value in the U.S.

incumbents 98

incumbents collaboration capital culture 98

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

JULY 14, 2021

The startup, which is out to give brands and tech companies a way to launch custom co-branded credit cards, has raised $40 million in a Series B funding round led by Activant Capital. The financing brings the two-year-old company’s total raised since its 2019 inception to $50 million.

incumbents 95

incumbents financing finance innovation 95

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. Backstage Capital founder Arlan Hamilton is one of the investors TomoCredit won over. “I Kim, who immigrated to the U.S.

incumbents 101

incumbents financing finance accelerator 101

TechCrunch

JUNE 29, 2022

According to a 2019 report from Credit Karma , 46% of taxpayers expected to get refunds of more than $1,000 for their 2019 taxes — meaning they were overestimating their income taxes throughout the year. ” Countless vendors offer online tax prep services, including incumbents like TurboTax and H&R Block.

incumbents 87

incumbents financing finance advice 87

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.

financing 98

financing finance funders SaaS 98

TechCrunch

JULY 19, 2021

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. The company estimates it helped keep more than 2,000 pounds of food from being wasted and saved 250,000 gallons of water since launching in 2019.

incumbents 98

incumbents sustainability ventures investing 98

TechCrunch

DECEMBER 6, 2022

And on the incumbent side, Google’s competing for dominance with its tensor processing units (TPUs) while Amazon’s betting on Inferentia. ” NeuReality was co-founded in 2019 by Tzvika Shmueli, Yossi Kasus and Tanach, who previously served as a director of engineering at Marvell and Intel.

accelerator 95

accelerator networking incumbents support 95

TechCrunch

JULY 13, 2021

Marco was backed last September by a small seed round from Struck Capital and Antler and over $20 million in a credit facility underwritten by Arcadia Funds. They started Marco in 2019 and now have offices in New York, Dallas and across Latin America. How tech can build more resilient supply chains.

support 100

support financing finance funders 100

TechCrunch

APRIL 26, 2022

Investors other than WeRide and Pony include Japan’s SPARX, Singapore’s Pilgrim Partners Asia, as well as government-affiliated funds Guangzhou Industrial Investment and Capital Operation, Lingnan Commerce and Trade Tourism, and Guangzhou Industrial Control.

transportation 90

transportation incumbents financing finance 90

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. GreatPoint Ventures and August Capital, among other existing investors, are participating in the Series B round as well. “We

collaboration 95

collaboration incumbents networking disruption 95

TechCrunch

MARCH 4, 2021

Led by Greenoaks Capital Partners, this Series C also includes significant participation from IVP Ventures and Alkeon Capital. Partly because of the demands on the business, but possibly also to capitalize on an opportunity at a time when so many others are also going after it as well.

incumbents 99

incumbents capital opportunity ventures 99

TechCrunch

AUGUST 17, 2022

and United Emirates; and existing backers Bessemer Venture Partners, Pitango, D1 Capital, Atreides Management, and Harel Insurance Investments & Financial Services are also participating. “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

JANUARY 26, 2022

Polly, a SaaS technology startup aiming to “transform” the mortgage capital markets, announced today that it has raised $37 million in a Series B funding round led by Menlo Ventures. Carmel believes Polly stands out from others in the industry in that it is helping create a fourth category in the mortgage sector — capital markets. “I

incumbents 78

incumbents financing finance SaaS 78

TechCrunch

MAY 3, 2023

CEO and founder Nitin Jayakrishnan says that the new capital will be put toward expanding Pando’s global sales, marketing and delivery capabilities. This, along with the platform’s emphasis on no-code capabilities, differentiates Pando from incumbents like SAP, Oracle, Blue Yonder and E2Open, Jayakrishnan asserts.

investing 100

investing investment startup transportation 100

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. New Enterprise Associates (NEA) led its $20 million Series A in May of 2019.

incumbents 98

incumbents financing finance innovation 98

TechCrunch

DECEMBER 20, 2021

The Series B is being led by Spark Capital, with participation also from Unbound, Reid Hoffman and Canaan Partners (both of which led its previous round, a $13.4 Segovia was acquired by Crown Agents Bank in 2019, and theoretically the product of Taptap Send was spun out from that ahead of the deal.

incumbents 94

incumbents communities capital networking 94

TechCrunch

DECEMBER 10, 2021

Though they officially started the company in 2019, Busaba and Spies didn’t launch their first product, the raw dog food, until 2020. Now with the new capital in hand, Spies plans to “put a foot on the gas” to push its 20% month over month growth to 25%. Maev founder and CEO Katie Spies. Image Credits: Maev .

incumbents 89

incumbents innovation education ventures 89

TechCrunch

MARCH 15, 2022

But with more and more business processes moving online, online job search is the gift that keeps on giving, and so today comes news of another portal in the space raising a big round to take on the incumbents in the space with more innovative and accurate technology. It paid $1.3

incumbents 74

incumbents education innovation VC 74

TechCrunch

NOVEMBER 15, 2022

.” Mason wouldn’t reveal Descript’s valuation post-money, but he noted that the funding — which also had participation from Andreessen Horowitz, Redpoint Ventures, Spark Capital and ex-Y Combinator partner Daniel Gross — brings the company’s total raised to $100 million.

media 94

media incumbents creativity energy 94

TechCrunch

JANUARY 26, 2022

Snowflake and other incumbents figure significantly, but Firebolt has been entering the picture when those new use cases, and new cracks, come up. “We are extremely excited to partner with the world class team at Firebolt to further support their incredible growth,” said Abhi Arun, managing partner at Alkeon Capital, in a statement.

startup 87

startup incumbents capital ventures 87

TechCrunch

SEPTEMBER 16, 2021

Tile , the maker of Bluetooth-powered lost item finder beacons and, more recently, a staunch Apple critic , announced today it has raised $40 million in non-dilutive debt financing from Capital IP. Tile’s last round of funding was $45 million in growth equity in 2019. Now it’s shifted to debt.

mix-use 99

mix-use incumbents networking financing 99

Haystack

DECEMBER 26, 2018

Maybe it will be 2019, or 2020 — or even 2021. USV’s Albert Wenger has been writing his book, World After Capital , which lays out the argument that money is no longer the scarce asset driving the economy, but rather, it’s attention. Getting capital in the earliest stages continues to get easier.

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 financing finance strategy 102