TechCrunch

SEPTEMBER 17, 2022

billion at the time of its last raise in 2021. 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 And if so, why? Image Credits: Varo.

incumbents 123

incumbents sustainability capital health 123

TechCrunch

JULY 13, 2022

Corporated-backed programs provide an alternative — Booz Allen Ventures joins Lockheed Martin’s Lockheed Martin Ventures and HorizonX, which spun off from Boeing in August 2021. Defense-focused startups angling for government contracts need all the help they can get.

ventures 93

ventures incumbents startup venture capital 93

TechCrunch

NOVEMBER 16, 2020

But we seem to be in a calendrical renaissance, with incumbents like Google and Outlook getting smarter and smarter and newcomers like Calendly growing significantly. The company plans to launch a full-featured calendar in Q1 of 2021, that would include collaborative editing right within calendar events, and embedded video conferencing.

incumbents 98

incumbents accelerator leadership education 98

TechCrunch

SEPTEMBER 7, 2022

Bond Pet Foods was co-founded by Rich Kelleman and Pernilla Audibert and is part of a global pet food market valued at $110 billion in 2021 and poised to grow 5% annually through this decade to be worth $164 billion by 2029. Prior to the Series A round, the company raised $2.5 million to bring its total funding since 2017 to $20 million.

incumbents 99

incumbents collaboration VC ventures 99

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.”. trillion in 2021, more than triple that of the No. 2, the U.S. Image Credits: VCG.

incumbents 129

incumbents networking entrepreneurs opportunity 129

TechCrunch

AUGUST 8, 2023

Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps. One of them was Singapore-based Endowus , which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.6 million in follow-on funding.

real estate 98

real estate incumbents VC innovation 98

TechCrunch

NOVEMBER 30, 2022

“In today’s economic environment, Teampay’s software-led approach has proven resilient — as we saw in late 2020 to 2021, when the economy rebounds, Teampay benefits disproportionately through accelerated growth … We increased our debt facility for additional flexibility in uncertain times.” billion in 2021.

economic environments 86

economic environments incumbents finance financing 86

TechCrunch

MAY 5, 2022

Notably, it only went live in January of 2021, so it has managed to surpass 1 million customers in a relatively short period of time. At the same time, the incumbent banks are stuck with their mainframes, IBM contracts, and software written in COBOL,” he wrote via email.”

incumbents 97

incumbents networking finance financing 97

TechCrunch

DECEMBER 7, 2020

The company says it plans to extend its Series B funding with a second tranche to be closed ahead of the company launching products powered by its own insurance licence, scheduled for the first half of 2021. “We sell more policies to first-time insurance buyers in Germany than incumbents like Allianz, Axa, Zurich, etc,” he says.

incumbents 103

incumbents startup pitching innovation 103

TechCrunch

APRIL 27, 2023

When Pinecone launched a vector database aimed at data scientists in 2021, it was probably ahead of its time. Now of course, this is a well-formed market and the category has different players, and so incumbents and clouds and so on, and we’re clearly ahead. Investors apparently agree.

investment 100

investment investing incumbents venture capital 100

TechCrunch

JUNE 22, 2022

Salient surveyed over 80 companies across Ghana, Kenya, Nigeria, and Uganda, 25% more than the number it tracked in its last report in 2021. In 2021, they received just $1.6 That’s where the greatest traction has happened,” said Remi Adeseun , the director, Africa at Salient Advisory, to TechCrunch in an interview.

investment 114

investment investing health startup 114

TechCrunch

JANUARY 11, 2022

In October 2021, Valve banned all blockchain-related games from its Steam platform. Incumbents tend to be more wary of adapting new business models and gaming is no different. The video-game industry has always been on the bleeding edge, but blockchain gaming is still widely viewed as emerging technology.

opportunity 97

opportunity incumbents advice strategy 97

TechCrunch

NOVEMBER 22, 2021

He expects 2021 revenue growth to be five times over 2020, while Fuzzy memberships, which start for free and then a monthly subscription of $24.99 Bhettay is also seeing the larger incumbents focus here, as well as marketing dollars, which he considers validation that the market is shifting to the digitalization of pet care.

capital 98

capital incumbents education health 98

TechCrunch

APRIL 18, 2023

But it also could be the worst of times for founders thinking about launching an AI startup, especially one that can grow and be defensible against incumbents in a fast-changing environment. CB Insights compiled data from 2021 and 2022 to understand where VC investment money has been going when it comes to generative AI startups.

startup 98

startup incumbents energy advice 98

TechCrunch

APRIL 20, 2023

In other words, it wants to invest in early-stage fintech and enabling technology companies “where opportunities for early partnerships with financial incumbents exist.” Huang also acknowledges that in 2021, the trio stepped back from investing “because it was getting way too frothy.” Want more fintech news in your inbox? Sign up here.

ventures 76

ventures incumbents startup VC 76

TechCrunch

MARCH 4, 2022

Yesterday, The Exchange dug into the data behind the CVC market’s very busy 2021. The corporate venture capital (CVC) market is booming. But does our perspective line up with what active corporate investors think?

capital 83

capital venture capital incumbents creativity 83

TechCrunch

DECEMBER 15, 2021

“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. To get even more specific, the team is projecting to reach nearly $196 million in revenues in 2022, a “3x” growth compared to 2021.

incumbents 80

incumbents startup finance financing 80

Andreessen Horowitz

FEBRUARY 29, 2024

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. A Great company has a strong, defensible business model that can win market share from incumbents.

incumbents 109

incumbents advice innovation opportunity 109

TechCrunch

JANUARY 15, 2023

It achieved unicorn status in August 2021 and at the time was eyeing an IPO. Level was founded by Vladimir Korshin, Asa Schachar and Molly Hogan in 2021.” In September 2021, I covered Vouch’s announcement of $90 million in new funding. Both Vouch and Level are Y Combinator alums. billion, had cut 10% of its staff.

incumbents 117

incumbents energy investing investment 117

TechCrunch

FEBRUARY 8, 2022

Thndr, launched in late 2020 by Ahmad Hammouda and Seif Amr , is filling the gap by making it easier to open and manage investment accounts, consequently replacing traditionally slow and outdated processes by incumbents. African tech took center stage in 2021. to $5B in 2021.

investing 99

investing investment ventures incumbents 99

TechCrunch

NOVEMBER 15, 2022

According to a report from The Information in October, OpenAI had agreed to lead funding valuing Descript at around $550 million, over double the startup’s valuation as of January 2021 ($260 million). ” Descript was created as a spin-off of Mason’s audio-guide business Detour, which Bose acquired in 2018. .

media 94

media incumbents creativity energy 94

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. African tech took center stage in 2021. They are electronic yet manual processes that make their work very inefficient.

incumbents 80

incumbents transportation collaboration consulting 80

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.” Canvas Ventures led the company’s seed round in late 2021, w ith participation from Montage Ventures, FJ Labs and Crosscut.

real estate 97

real estate finance financing incumbents 97

TechCrunch

APRIL 20, 2022

When it comes to presentation creation, PowerPoint and Keynote remain the de facto tools by incumbent advantage. ” Other investors participating in Prezent.ai’s Series A included WestWave Capital and Emergent Ventures, both of which invested in the company’s June 2021 seed round.

consulting 84

consulting incumbents disruption pitching 84

TechCrunch

MAY 19, 2022

I had a catastrophic relationship with incumbent banks.”. While Conrade declined to reveal hard revenue figures, he did share that Neon grew its revenue by 3x in 2021 and he expects that the company will at least more than double it this year. I used to make $300 in a month to pay $200 a year in banking,” he recalls. “It ’” .

incumbents 86

incumbents financing finance education 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

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

startup 110

startup finance financing incumbents 110

TechCrunch

SEPTEMBER 7, 2021

2021, however, has been a different story: new pricing rules being put into place will likely see a number of providers tip into the red for the year. “They are big companies and stuck in their ways. These companies have been around for decades, some for centuries.

incumbents 87

incumbents technology startup strategy 87

American Entrepreneurship

FEBRUARY 16, 2023

Comun observed that no incumbent bank offers a full Spanish language banking experience. The bank was founded in 2021 by Abiel Gutierrez and Andres Santos who both faced financial exclusion when they migrated to the U.S. Comun gained investor support of $4.5M

capital 74

capital entrepreneurship incumbents innovation 74

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

SEPTEMBER 30, 2022

The blockchain giant processed $34 trillion in trading volume in 2021, it says, and the exchange shows few signs of resting on its laurels as it pursues bold new bets to diversify its business. earned new investment as it strives to topple incumbents like Coinbase. In recent months, the company’s stateside entity Binance.US

opportunity 93

opportunity founder incumbents strategy 93

TechCrunch

MARCH 21, 2022

The latest capital infusion comes less than a year from a $60 million Series C round that happened in June 2021. The company closed out 2021 with 106% year-over-year revenue growth, 113% growth in customers served and a 100% boost in employees globally. digital shopping companies in 2021, up from $23 billion in 2020.

capital 89

capital startup enablement incumbents 89

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. He took the $15 million to have some buffer as the company weighed its options.

peer-to-peer 97

peer-to-peer capital innovation incumbents 97

TechCrunch

FEBRUARY 11, 2022

There were other funding events and product launches, but that’s enough of a sample for us to understand that private-market investors around the world are investing in the consumer checkout-and-credit capability, even after industry incumbents Affirm went public and Klarna has grown to massive scale with global reach.

startup 89

startup incumbents finance financing 89

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 February 2021, corporate spend startup Brex was the latest fintech to apply for a bank charter. What does this mean for digital banks as a whole?

incumbents 96

incumbents finance financing pitching 96

AsiaTechDaily

JANUARY 19, 2023

Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy. This represents a 350% YoY growth compared to 2021, wherein the number of deposits and loans disbursed amounted to $50 million (IDR 781 billion).

peer-to-peer 75

peer-to-peer incumbents accelerator economic growth 75

TechCrunch

FEBRUARY 10, 2021

We are living in 2021 and open banking is popular, so it’s easier to get access to open banking data. Unlike incumbent credit card issuers, we aren’t incentivized by slapping fees on borrowers for making late payments — we make money as our cardholders spend — so we grow as you grow,” Kim added.

incumbents 101

incumbents finance financing accelerator 101