TechCrunch

SEPTEMBER 8, 2021

David Friend is a serial entrepreneur, six-time founder, and the current co-founder and CEO of cloud storage company, Wasabi Technologies. Even if you’re growing quickly, not all founders want to set a valuation for their company. People tend to think that category creation is less risky than incumbent disruption.

strategy 95

strategy incumbents VC disruption 95

TechCrunch

AUGUST 16, 2021

It used to be that if you were a fintech startup or, for lack of a better term, a digitally native financial services business, you might be eyeing an acquisition from an incumbent in the industry. But lately, fintech upstarts are the ones doing the acquiring. But lately, fintech upstarts are the ones doing the acquiring.

incumbents 106

incumbents accelerator technology startup 106

TechCrunch

DECEMBER 8, 2020

He said that there were several major issues that led him and his co-founders to build a new search tool. Finally, as we navigate the internet in 2020, the privacy question looms large as is how you balance the convenience-privacy trade-off. He believes his background in AI can help in a consumer-focused search tool.

incumbents 141

incumbents networking innovation ventures 141

American Entrepreneurship

DECEMBER 20, 2024

Small businesses are the backbone of the American economy yet banks do not have their backs, says CEO and co-founder Sahill Poddar. Founded in 2020 by Poddar and Vineet Goel, the startup has provided nearly $1 billion in annual funding for tens of thousands of small businesses in the U.S. and Canada.

finance 98

finance financing incumbents construction 98

TechCrunch

JULY 13, 2022

Excepting breakouts like Anduril and Palantir , most contracts are awarded to incumbents — more than 95% of Booz Allen’s nearly $8 billion in revenue comes from government contracting — and any startup that gets a foot in the door has to bridge the gap between the R&D phase and the contract award.

ventures 93

ventures incumbents startup venture capital 93

TechCrunch

FEBRUARY 3, 2022

Human rights activist and Mos founder Amira Yahyaoui couldn’t afford to go to college, so when she first launched a platform to connect students to scholarships, the innovation felt full circle. Banks are trying to become relevant, but students don’t buy the BS that incumbents are doing.” Amira Yahyaoui, the founder of Mos.

incumbents 99

incumbents startup communities consulting 99

TechCrunch

MARCH 2, 2021

Crisp , an Amsterdam-based, online-only supermarket focused on fresh produce, has raised €30 million in a Series B financing led by leading Target Global and joined by Keen Venture Partners and the co-founders of Adyen and Takeaway.com. Crisp has now raised a total of €42.5 million to date.

incumbents 100

incumbents board accelerator financing 100

TechCrunch

JULY 26, 2021

Revolution Ventures led the round and was joined by existing investors Madrona Venture Group, Oregon Venture Fund and Mucker Capital, as well as Wise co-founder Taavet Hinrikus. Since the company launched its platform, business was building steadily, and took off in the second half of 2020. The company raised a $7.7

development 103

development real estate incumbents ventures 103

TechCrunch

SEPTEMBER 17, 2022

I caught up with Colin Walsh, the company’s chief executive and founder, to get an update. For me, there was a huge opportunity in a space that the incumbents were not able to capture because a lot of it is the economics of their model and misaligned incentives.The world continues to unfortunately be made up of haves and have nots….There

incumbents 123

incumbents sustainability capital health 123

TechCrunch

NOVEMBER 22, 2021

Sales in this area topped $100 billion in 2020 , driven by the 48 million dogs and cats that were adopted over the past three years. Its digitally-native approach can save pet parents up to $750 a year on healthcare expenses, Zubin Bhettay, co-founder and CEO of Fuzzy, told TechCrunch. Pets are big business. Image Credits: Fuzzy.

capital 98

capital incumbents education health 98

TechCrunch

JULY 25, 2021

Incumbent giants therefore could lose a sizable chunk of market share if a company could just manage to weave together China’s manufacturing proficiency and agility with the modern tech startup philosophy of “moving fast and breaking stuff.”. The company aims to reach $1.2 billion this year. Finding a bigger wave to ride.

incumbents 129

incumbents networking entrepreneurs opportunity 129

TechCrunch

DECEMBER 5, 2020

Thousands of startup founders will resume the trek around Silicon Valley VC offices, once the vaccines arrive. But we’ll remember 2020 as the year that venture truly joined the cloud. Find out how we’re working toward living and working in space at TC Sessions: Space 2020. Image Credits: Brighteye Ventures. TechCrunch.

education 113

education frameworks SaaS incumbents 113

Andreessen Horowitz

FEBRUARY 29, 2024

Everyone knows that founders have been on a whipsaw over the past several years. Pivoting from growth at all costs in 2020 and 2021 to efficiency in 2022 and 2023 meant slashing budgets, shelving new projects, doing RIFs, and picking fights with your cloud provider over your bills. What should founders aim for in 2024?

incumbents 109

incumbents advice innovation opportunity 109

TechCrunch

SEPTEMBER 1, 2022

Laura Spiekerman is the co-founder and chief revenue officer of Alloy , an identity-decisioning platform for banks and fintech companies. And even though investment activity decreased this year, it still remains well above where it was in 2019 and 2020. Laura Spiekerman. Contributor. Share on Twitter.

incumbents 92

incumbents opportunity enablement innovation 92

TechCrunch

DECEMBER 15, 2021

We profiled Rebag back in 2015, when its name included two “g’s,” (gotta love URL availability) and had raised $4 million in seed funding to go after incumbents like The RealReal. Charles Gorra, founder and CEO of Rebag, declined to talk about valuation, but did say it was “a steep evolution from the last time.”

peer-to-peer 97

peer-to-peer capital innovation incumbents 97

TechCrunch

JUNE 6, 2022

Led by CEO and co-founder Kahlil Lalji , the startup is launching with a split account product that just raised $3.5 ” The company built out an internal ledger to track the way that money is moving between user accounts, in a way that the co-founder thinks a lot of other fintechs don’t. Zeta, which raised a $1.5

peer-to-peer 117

peer-to-peer finance financing incumbents 117

TechCrunch

JUNE 30, 2021

Former Zillow executives Greg Schwartz and Carey Armstrong founded Stamford, CT-based Tomo in the fall of 2020 to take on big banks when it comes to providing mortgages to consumers. And it’s because the incumbents have no reason to fundamentally change.”. No doubt it has plenty of competition. They were once rivals.

real estate 98

real estate incumbents strategy financing 98

TechCrunch

JANUARY 17, 2022

The market, dominated by incumbents like Toast and upcoming players such as MarginEdge and Brazil’s Zak , has its value pegged at over $70 billion globally and is expected to reach $116 billion in the next four years. As with most technologies, Africa is playing catch up in this food-tech segment. Last year, 80% of the U.S.

incumbents 118

incumbents capital collaboration media 118

TechCrunch

DECEMBER 10, 2021

Driven by the global pandemic and everyone being at home with their pets, sales topped $100 billion in 2020 in this sector. Maev founder and CEO Katie Spies. Though they officially started the company in 2019, Busaba and Spies didn’t launch their first product, the raw dog food, until 2020. Image Credits: Maev .

incumbents 89

incumbents innovation education ventures 89

Haystack

DECEMBER 26, 2018

Maybe it will be 2019, or 2020 — or even 2021. A successful seed investor once remarked to me that he views “the traditional seed round” today for a good or proven founder to be akin to having a “ free first move on the chess board.” I am expecting a downturn at some point. Dreams can be fueled here.

opportunity 76

opportunity incumbents VC culture 76

TechCrunch

MAY 29, 2022

The Series B round was led by Accel, Citius and Tiger Global, with participation from existing investors AC Ventures, Global Founders Capital, Lightspeed and Sequoia Capital India. by 2022, compared to China’s 6% and South Korea’s 34% in 2020. The company declined to disclose its post-money valuation.

incumbents 101

incumbents financing finance capital 101

TechCrunch

SEPTEMBER 7, 2021

When we covered the company’s most recent funding round before this — a $30 million raise in November 2020 — the startup was valued at $310 million. Regardless of whether Marshmallow is the first or one of the first, given the dearth of diversity in the U.K. “They are big companies and stuck in their ways.

incumbents 87

incumbents technology startup strategy 87

TechCrunch

DECEMBER 14, 2022

Recognizing an opportunity for further growth, Vladimirskiy and Nerdio’s co-founder, former Microsoft exec Joseph Landes, decided to spin-off Nerdio as a separate company and sell Adar to a private equity firm in January 2020. Survey data illustrates the dramatic shift.

incumbents 90

incumbents disruption board enablement 90

TechCrunch

JANUARY 28, 2021

billion in venture capital across 265 deals during 2020, compared to $1.32 It puts startups in a difficult spot: if 2020 was about enabling video-based teaching, what might emerge from 2021? Daniel Pianko , co-founder and managing director, University Ventures (a higher ed and future of work fund that is backing Imbellus and Admithub).

education 134

education venture capital ventures opportunity 134

TechCrunch

FEBRUARY 10, 2021

Co-founder and CEO Kristy Kim came up with the concept for the company after being rejected multiple times for an auto loan while in her early 20s. Angel and individual investors also put money in the round, including: Backstage Capital founder Arlan Hamilton, ex-Venmo COO Michael Vaughan and James Kim, former head of finance at Tinder. .

incumbents 101

incumbents financing finance accelerator 101

TechCrunch

MARCH 4, 2022

Founded in September 2020, the New York-based company – which was previously named Unlock – said it uses data science to “ identify, underwrite and close transactions 10x faster than incumbents.” ” It describes itself as a “managed marketplace.”

real estate 97

real estate finance financing incumbents 97

TechCrunch

JULY 13, 2021

Strategic angel investors include Phil Bentley, CEO of Mitie, and Naman Budhdeo, co-founder and CEO of TripStack and FlightNetwork. Shoihet met his co-founder and COO Peter D. Since launching its product in January 2020, the company has processed thousands of invoices across 20 countries, amounting to more than $18 million.

support 100

support finance financing funders 100

TechCrunch

JANUARY 16, 2021

per share in its September 2020 round and Roblox at $4 billion in February of 2020. I was recently chatting with an early-stage founder who has a history of investing — narrowing it down to 17,823 people, I know — about the price of software companies both private and public and why they may or may not make sense.

incumbents 128

incumbents financing finance SaaS 128

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. It ended 2020 with less than 10 million accounts total. billion in transaction volume a month.

incumbents 96

incumbents finance financing technology 96

TechCrunch

FEBRUARY 17, 2022

While incumbents have pioneered various enterprise resource planning (ERP) systems to digitize these processes, companies would still get four to five different software platforms to complete multiple tasks. CDG Invest, Y Combinator, Flexport, Swiss Founders Fund, Outlierz Ventures, and a few angel investors from the U.S.,

incumbents 80

incumbents transportation collaboration consulting 80

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.

incumbents 98

incumbents finance financing innovation 98

TechCrunch

FEBRUARY 2, 2022

NFX and existing backers Pear and Mexico-based Wollef (formely known as Jaguar Ventures) doubled down on their investment, which values Melonn “in the neighborhood” of $100 million post-money and brings the Bogota-based startup’s total raised to $24 million since its November 2020 inception.

enablement 97

enablement startup incumbents transportation 97

TechCrunch

JANUARY 15, 2023

I’ve been writing about Human Interest since March 2020, covering each of its funding rounds since then ( here , here and here ), and following its impressive growth. It looks like incumbent banks and institutions are still struggling when it comes to offering tech-enabled financial services. billion, had cut 10% of its staff.

incumbents 117

incumbents energy investing investment 117

TechCrunch

AUGUST 24, 2021

The company wasn’t actively in the market, according to CEO and co-founder Igor Senra, but was approached by existing backer Greenoaks and other investors. The fintech then launched its product in October 2020 and today offers a checking account combined with a software layer that aims to help SMBs manage their financials.

incumbents 96

incumbents capital financing finance 96

TechCrunch

DECEMBER 16, 2021

The startup will continue to look for ways to expand its partner network of hardware and software companies across the globe, Luke Wilson, founder and CEO of ManageXR told TechCrunch. Its competitors include incumbent mobile device management companies, which build similar tools for mobile phones and laptops, and some device manufacturers.

incumbents 87

incumbents hospitality collaboration enablement 87

TechCrunch

JANUARY 30, 2022

CEO and co-founder Sam Shawki told me in October that he believed his startup “will be the dominant party on the Android side, which is 85% of the universe.”. Esusu co-founders and co-CEOs Nigerian-born American Abbey Wemimo and Indian American Samir Goel come from immigrant homes and say they experienced firsthand financial exclusion.

incumbents 136

incumbents SaaS angel investing ventures 136

TechCrunch

MARCH 18, 2021

Our round, in my eyes, it’s all about celebrating the future of e-commerce,” co-founder and CEO Tomer Tagrin told me. The company acquired SMSBump at the beginning of 2020 and Tagrin said it’s “70% of the way there” towards full integration.) billion (post-money).

incumbents 105

incumbents startup SaaS ventures 105