TechCrunch

JUNE 16, 2021

And while a new generation of “insurtech” startups have emerged in recent years that are bringing more modern processes into the equation, typically the incumbent major insurance companies — the ones that Tractable targets — have lacked the technology to improve that process.

incumbents 115

incumbents opportunity technology board 115

TechCrunch

JUNE 9, 2022

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. I tie it back to complacency from the incumbents. It’s also looking for M&A opportunities.

incumbents 97

incumbents opportunity finance financing 97

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. offices established in Miami.). Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools.

SaaS 126

SaaS incumbents opportunity disruption 126

TechCrunch

MAY 25, 2022

EdgeQ , Kneron , and Hailo are among the dozens of upstarts vying for customers, the last of which nabbed $136 million in October as it doubles down on new opportunities. After emerging from stealth in 2019, Sima.ai has created a software-centric, purpose-built … platform that exclusively targets this large market opportunity.

startup 95

startup accelerator incumbents disruption 95

TechCrunch

FEBRUARY 23, 2023

to “scale given the market opportunity.” ” 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

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

SEPTEMBER 6, 2022

Founded initially back in 2015, Santa Barbara, California-based Bitwarden operates in a space that includes well-known incumbents such as 1Password, which recently hit a $6.8 “Most importantly, we aim to continue to serve all Bitwarden users for the long haul.”

incumbents 99

incumbents VC investing investment 99

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

Entrepreneurs' Organization

APRIL 12, 2019

In today’s Octane blog, we bring EO members and non-members alike behind the scenes of 2019 EO Global Leadership Conference Macau (GLC), profiling Leonard Brody, one of the event’s carefully selected speakers who is known as “a leader of the new world order.” Along with new competition comes new opportunity.

disruption 130

disruption incumbents leadership innovation 130

TechCrunch

NOVEMBER 11, 2021

The company was founded in 2019 by Harrison Fugman, Alex Kost and Tim Marbach, who created a “fast fail” method to develop new foods that includes an end-to-end infrastructure that can go from idea to market in about three months. Food and beverage startup The Naked Market bagged $27.5 The Naked Market founders Alex Kost and Harrison Fugman.

capital 86

capital incumbents venture capital enablement 86

TechCrunch

JULY 14, 2021

Thanks to San Francisco-based Cardless , that opportunity may be less of a stretch than you think. The financing brings the two-year-old company’s total raised since its 2019 inception to $50 million. But what if you’re a sports fan, and using your credit card could lead to a virtual conversation with a player on your favorite team?

incumbents 95

incumbents financing finance innovation 95

TechCrunch

DECEMBER 15, 2022

Virgio says consumers’ fashion preferences are changing rapidly and they are not satisfied with the incumbents’ offerings. “We are confident in Virgio’s tech-first model and believe the startup’s expert founding team is uniquely positioned to capture a large opportunity in India’s fashion industry,” he added.

startup 76

startup incumbents media financing 76

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.”. It’s also notable that São Paulo-based Cora only raised its $26.7 The startup has now raised a total of $152.7

incumbents 96

incumbents capital financing finance 96

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. They see a lot of opportunities to leverage our technology,” he said.

collaboration 95

collaboration incumbents networking disruption 95

TechCrunch

MARCH 4, 2021

Remote working — hiring people further afield and letting people work outside of a central physical office — is looking like it will be here to stay, and today one of the startups building tools for that environment is announcing a big fundraise in response to the opportunity.

incumbents 99

incumbents capital opportunity ventures 99

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

MARCH 21, 2022

He exited the company to Lowe’s in 2019. In addition to the opportunity to work with Saiprasad, Hariharan said the driver for going after new funding — especially when its seed fund is still firmly in the bank — was seeing the $4.5 CommerceIQ is the leading channel optimization platform enabling the largest brands to win in retail.”.

capital 89

capital startup enablement incumbents 89

TechCrunch

MAY 11, 2022

In 2019, Barclays Bank and Bold Capital Partners co-led a $5.5 We quickly found that most incumbents focusing solely on the financing of SaaS receivables lacked reliable data and market traction to sufficiently validate their business models,” Chupryna said. million Series A funding round for Crowdz. million. . “A

financing 98

financing finance funders SaaS 98

TechCrunch

JANUARY 26, 2022

He founded the company in 2019 under the premise that while many industries have undergone digital transformation initiatives, the mortgage industry is still largely reliant on “the same expensive and cumbersome processes and tasks that have been in use for decades.”

incumbents 78

incumbents financing finance SaaS 78

TechCrunch

NOVEMBER 23, 2021

’ small and medium business market because “its product is easy to use and suited for the big market opportunity in the U.S.” “How we’ve disrupted our space in South Africa, we see an opportunity over there. from 2019 to 2025, according to a report by Grandview Research. is projected to reach $12.5

incumbents 90

incumbents disruption opportunity enablement 90

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.

peer-to-peer 40

peer-to-peer incumbents financing finance 40

TechCrunch

DECEMBER 3, 2020

Also participating was New York-based FirstMark Capital and Frst , as well as angel investors including Paul Melchiorre, former CEO of business planning giant Anaplan, and David Clarke, the ex-CTO of Workday, another business planning incumbent.

capital 50

capital incumbents creativity opportunity 50

TechCrunch

MARCH 30, 2023

TechCrunch reached out to Dufétel to find out more about her plans as Checkout.com’s new president, including what’s in store for the company this year, her thoughts on the future of payments generally and why she sees so much opportunity in the U.S. We also asked how she felt about the comparisons to Stripe…and her answer may surprise you.

innovation 86

innovation incumbents frameworks support 86

TechCrunch

MAY 12, 2022

If it sounds frustrating as a salesperson, well, that’s what AcuityMD is here to resolve; to find opportunities for your sales process. We launched Tactoset in 2019, a key regenerative technology for Anika in a $100 million+ addressable market. “Instead we got 140 instruments in a surgical tray.

education 58

education incumbents innovation entrepreneurship 58

TechCrunch

JANUARY 28, 2021

billion in 2019. What opportunities are fading as the space matures? 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. What opportunities are fading as the space matures? billion the prior year.

education 134

education venture capital ventures opportunity 134

TechCrunch

MARCH 16, 2023

Founded by Yuri Frayman, Leon Kuperman and Laurent Gil in 2019, Cast AI — powered by AI, as the name implies — analyzes a company’s cloud usage to attempt to find the optimal cost-performance ratio. In 2017, Microsoft acquired Cloudyn, which provided tools to analyze and forecast cloud spending.

incumbents 98

incumbents investment investing opportunity 98

TechCrunch

AUGUST 29, 2022

However, it differentiated itself by committing to payments on social media platforms, which Nigerian digital bank Carbon was interested in when it acquired the startup in 2019. As such, banking-as-a-service platforms see an opportunity to provide more personalized services and flexibility at less cost.

startup 93

startup incumbents financing finance 93

Y Combinator

JANUARY 21, 2021

There is a clear opportunity to upend the status quo, but its intricacies have made freight one of the toughest sectors in which to build an online marketplace. In the last few years, incumbents have started to adopt technology to fix inefficiencies, but they’ve focused on tools to streamline individual tasks (e.g.,

incumbents 74

incumbents transportation networking mix-use 74

Hunter Walk

MAY 17, 2024

Are there specific paths/opportunities in AI that you believe startups are actually better qualified to take advantage of than incumbents? Textio relied on both of these strategies for a few years before launching our first truly generative AI capabilities back in 2019. KS: Isn’t this the trillion-dollar question?

founder 90

founder startup coworking culture 90

TechCrunch

JANUARY 27, 2022

The seed round is coming almost three years after NALA secured a seven-figure pre-seed round led by Accel in 2019. The business opportunity for remittance is lucrative despite digital lenders vying for less than 20% of the international money market dominated by traditional offline players. Whether that’ll happen remains to be seen.

peer-to-peer 98

peer-to-peer incumbents financing finance 98

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. The opportunity that Firebolt is targeting is a ripe one in the world of enterprise. “We rarely see people not liking Snowflake.

startup 87

startup incumbents capital ventures 87

TechCrunch

APRIL 7, 2022

At that time, CEO Ricardo Weder told TechCrunch that the company, which was founded in 2019, weathered the first year of the global pandemic well, seeing 2020 revenue increase 16-fold. The global pandemic helped a lot in terms of grocery adoption in Latin America,” he added. Meanwhile, the online grocery industry in the U.S. billion in 2020.

capital 92

capital venture capital incumbents sustainability 92

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

TechCrunch

OCTOBER 12, 2021

million since its 2019 inception. I believe Nelo has built the team, product, data moat and go to market playbook that is best positioned to capitalize on this incredible market opportunity,” she said. 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

AUGUST 19, 2022

million in seed funding to make its mission a reality, with backers including OSS Capital; Lux Capital; Sisu Game Ventures; and — somewhat notably — Bob Young , the cofounder and former CEO of Red Hat, an enterprise-focused open-source company that IBM went on to acquire for $34 billion in 2019. Godot editor demo.

incumbents 100

incumbents communities development support 100

TechCrunch

SEPTEMBER 15, 2021

They originally started Sheltr, which connected customers with trained maintenance professionals and was acquired by Hippo in 2019. This is where Wynn believes Ascend is competing, though some incumbents are offering premium financing, but not in the digital way Ascend is. The global commercial insurance market was valued at $692.33

financing 83

financing finance incumbents disruption 83

TechCrunch

JANUARY 15, 2023

” And this line was the classic motivation for all incumbents buying fintechs: “Why not just bring it in to our platform and get it to customers as quickly as possible?”. It looks like incumbent banks and institutions are still struggling when it comes to offering tech-enabled financial services.

incumbents 117

incumbents energy investment investing 117