TechCrunch

NOVEMBER 30, 2022

Today, Teampay has hundreds of customers and significant venture capital financing behind it. million in debt) Series B led by Fin Venture Capital with participation from Mastercard, Proof Ventures, Trestle and Espresso Capital, bringing Teampay’s total raised to $65 million. . million in equity, $11.75

economic environments 86

economic environments incumbents finance financing 86

TechCrunch

AUGUST 17, 2021

Forward Foods, Starday , a healthy and sustainable food products company, raised $4 million in seed funding to take on “big food” incumbents. Equal Ventures and Slow Ventures co-led the round and were joined by Haystack, Great Oaks Venture Capital, XFactor Ventures, ABV and a group of angel investors.

incumbents 101

incumbents sustainability venture capital ventures 101

TechCrunch

FEBRUARY 1, 2022

Fintech tailwinds, strengthened by the COVID-19 pandemic in 2020, only accelerated in 2021. Despite a roughly 30% draw-down in the last months of 2021, the Matrix Fintech Index continued to beat the broader market as well as incumbent financial service companies.

incumbents 107

incumbents VC accelerator investing 107

TechCrunch

JULY 26, 2021

Since the company launched its platform, business was building steadily, and took off in the second half of 2020. When Shamir was building Simple, he could see how challenging it was for incumbents to provide the tools developers need to embed financial services, and this is why we have confidence in his ability to win.”.

development 103

development real estate incumbents ventures 103

TechCrunch

JULY 13, 2021

This is where venture capital firms should be putting their dollars — in companies where technology and talent unleash a lot of value.”. Since launching its product in January 2020, the company has processed thousands of invoices across 20 countries, amounting to more than $18 million. “Now

support 100

support financing finance funders 100

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. billion in 2020. We previously reported on the company last February when it raised $65 million in a Series A round led by General Atlantic.

capital 92

capital venture capital incumbents sustainability 92

TechCrunch

JULY 14, 2022

venture capital firm Lightspeed, with participation from other notable backers including Virgin Group , which counts Richard Branson as its sole shareholder. . launch plans back in 2020. Trading stocks. Launching out of stealth initially in the U.K.

incumbents 86

incumbents venture capital VC investing 86

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. Venture capital investments in security startups eclipsed $13 billion this year, according to PitchBook data, up from $11.47 billion in 2020.

incumbents 86

incumbents development capital venture capital 86

TechCrunch

MARCH 21, 2022

When much of the shopping shifted online during the global pandemic, startups developing software and other products to aid the transition began to garner attention from venture capital firms. reported this month that $51 billion of venture capital was invested into U.S. London & Partners and Dealroom.co

capital 89

capital startup enablement incumbents 89

TechCrunch

JUNE 30, 2021

Ribbit Capital led the financing, which also included participation from DST Global, NFX and Zigg Capital. 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. No doubt it has plenty of competition.

real estate 98

real estate incumbents strategy financing 98

TechCrunch

FEBRUARY 4, 2021

That platform, called Flink , attracted the attention of Silicon Valley-based venture capital firm Accel, which just led a $12 million Series A for the company. Since launching its first brokerage product in July of 2020, Flink has surpassed 1 million users and 800,000 active brokerage accounts.

investing 91

investing investment education incumbents 91

TechCrunch

NOVEMBER 11, 2021

Its latest brand, Rob’s Backstage Popcorn, is a joint venture with the Jonas Brothers. Joining Integrated Capital in the round are Great Oaks Venture Capital, Pacific Tiger Group, Sope Creek Capital and Clearco. The Naked Market has raised over $33 million, which includes an earlier $6 million seed round.

capital 86

capital incumbents venture capital enablement 86

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

AUGUST 24, 2021

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. For its part, Patrick Backhouse of Greenoaks Capital believes that Brazil has an “enormous” SME economy that has historically been “underserved by incumbent banks.”.

incumbents 96

incumbents capital financing finance 96

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

MARCH 31, 2022

Upstart technology firms must compete with both industry incumbents, like Apple and Microsoft, for talent, as well as traditional firms building out their own in-house engineering and data teams. It doesn’t seem likely that we’re on the precipice of a similar spike in layoffs that the onset of COVID-19 brought in 2020.

startup 89

startup incumbents accelerator capital 89

TechCrunch

APRIL 3, 2022

It’s another example of an incumbent recognizing that it makes more sense to buy a company that has developed technology that it wants rather than building it out itself – a process that would take far longer and require more resources than a simple acquisition would. “We But what’s important is how the failure happened.”

startup 110

startup financing finance incumbents 110

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

OCTOBER 1, 2021

In a detailed overview of venture debt options, Andy Weyer, managing director of technology at Runway Growth Capital, shares three use cases depicting how debt capital can benefit borrowers hoping to retain leverage for future rounds or access working capital. Which form of venture debt should your startup go for?

financing 74

financing finance venture capital disruption 74

TechCrunch

OCTOBER 1, 2021

GV (formerly Google Ventures) led its $20 million Series A this year, and Menlo Ventures led its $4.2 million seed financing in the summer of 2020. The pair teamed up in 2020 to come up with a platform that would give FP&A teams the ability to “seamlessly” work across planning and reporting cycles.

financing 98

financing finance incumbents collaboration 98

TechCrunch

MAY 1, 2021

He’s neutral-to-positive, saying that his firm does not “think all the companies in the market will work but still thinks ‘insurtechs’ will take market share from incumbents over the next decade.” Locke said that the venture market for insurtech investments is “definitely more aggressive” this year than last. Fair enough.

incumbents 106

incumbents mix-use capital venture capital 106

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

MAY 3, 2023

This, along with the platform’s emphasis on no-code capabilities, differentiates Pando from incumbents like SAP, Oracle, Blue Yonder and E2Open, Jayakrishnan asserts. Since the startup’s Series A in 2020, revenue has grown 8x while the number of customers has increased 5x, Jayakrishnan said.

investing 100

investing investment startup transportation 100

TechCrunch

JANUARY 30, 2022

As these technologies proliferate in everyday life, we’ll witness the advent of the Internet of Payments …Together, sooner than you might think, the newcomers will unseat the incumbents. billion valuation at the time of its $255 million raise in December 2020. million in revenue – up 233% from $14 million in the 2020 third quarter.

incumbents 136

incumbents SaaS angel investing ventures 136

TechCrunch

JULY 19, 2021

In fact, customers leaned into growing food so much that Rise Gardens saw its sales eclipse seven figures in 2020, and gardens sold out three times during the year. Incumbents include AeroGarden, AeroGrow, which was acquired by Scotts-Miracle Gro last November, and Click & Grow. The concept of an indoor farm is not new.

incumbents 98

incumbents sustainability ventures investing 98

TechCrunch

FEBRUARY 11, 2021

For one, the San Francisco-based company had already raised $50 million across two tranches in 2020. Secondly, the majority of its existing backers joined one new investor — NEA spinout NewView Capital (NVC) — in pumping more capital into Human Interest. The news is notable for a couple of reasons.

financing 88

financing finance incumbents capital 88

TechCrunch

SEPTEMBER 15, 2021

Startups like Ascend aiming to disrupt the insurance industry are also attracting venture capital, with recent examples including Vouch and Marshmallow , which raised close to $100 million, while Insurify raised $100 million. billion in 2020, and expected to top $1 trillion by 2028. Ascend app.

financing 83

financing finance incumbents disruption 83

TechCrunch

JANUARY 16, 2021

Israel’s startup ecosystem raised record amounts of funding and produced 19 IPOs in 2020, despite the pandemic. Data-driven AppsFlyer, spearheaded by Oren Kaniel, is an exciting mobile-attribution company that is rapidly growing ($200 million+ ARR in 2020) yet maintains a unique DNA.

startup 141

startup SaaS mix-use opportunity 141

TechCrunch

JUNE 23, 2021

Over the years, Lower has funded billions of dollars in loans and notched an impressive $300 million in revenue in 2020 after doubling revenue every year, according to Snyder. That’s up from about 650 employees in June of 2020. Our history is maybe a little atypical of fintech companies today,” he told TechCrunch.

finance 94

finance financing incumbents investing 94

TechCrunch

JANUARY 27, 2022

And today, Yu and Yang’s new company, San Francisco-based Vesta , is announcing it has raised $30 million in Series A financing led by Andreessen Horowitz (a16z) with participation from new investor Zigg Capital. ” “This is very contrary to the incumbents,” Yu told TechCrunch. “We

peer-to-peer 97

peer-to-peer incumbents financing finance 97

TechCrunch

MARCH 27, 2022

Ramp says its revenue grew “early 10x” in 2021 compared to 2020 while its cardholder base grew 7x and its user base grew 15x. Startups like these are keeping the incumbents (relatively speaking) on their toes. Unfortunately, as with most private companies, neither startup will share hard revenue figures.

ventures 96

ventures technology startup real estate 96

TechCrunch

JUNE 17, 2021

Unit officially launched its platform in late 2020, and over the last three months, it has seen deposit volume grow by more than 300% and new end users by 600% (albeit from a small base).

incumbents 89

incumbents financing finance accelerator 89

TechCrunch

OCTOBER 12, 2021

Nelo issued its first product in Mexico in January 2020, similar to a debit card offering from a neobank. They are amassing valuable repayment history on their platform that incumbents like Affirm and Afterpay and even local credit bureaus do not have on consumers in the region,” she said.

incumbents 92

incumbents financing finance capital 92

TechCrunch

JANUARY 26, 2022

billion in 2020 to boost its data and analytics capabilities. 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. The need certainly seems to be there.

incumbents 78

incumbents financing finance SaaS 78

TechCrunch

MAY 22, 2022

I’ve come to realize, in reporting on startups and venture capital pretty much exclusively for the past 5 years — and for many more before that in one capacity or another — that nothing is black and white, things aren’t always what they seem and they can change in the blink of an eye. Recall that Visa almost bought Plaid for $5.3

real estate 92

real estate ventures venture capital finance 92

TechCrunch

APRIL 14, 2022

Armed with knowledge and data that it had gathered over the years, Welcome Tech in November of 2020 launched a banking service, including a debit card and bilingual mobile app. “We I think that’s a big moat around any of the incumbents,” he said. “In the company says.

education 78

education communities incumbents health 78

TechCrunch

MAY 15, 2022

The filing revealed that Better.com swung to a loss of more than $300 million last year , a sharp turnaround from its profitable 2020. . PayPal Ventures, the global corporate venture arm of PayPal, New York–based venture capital Kora Capital, and London-based Clay Point led the round.

finance 83

finance financing enablement ventures 83