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 financing finance 80

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. The latest capital infusion comes less than a year from a $60 million Series C round that happened in June 2021.

capital 89

capital startup enablement incumbents 89

TechCrunch

APRIL 20, 2023

Their goal was to take that 10 years of experience investing through the venture capital arm of one of the world’s largest credit card companies, and apply it firsthand to new early-stage investments — but with a twist. They named the firm Vesey Ventures after the street where American Express has its headquarters in New York.

ventures 76

ventures incumbents startup VC 76

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. For his part, Valar Ventures’ Andrew McCormack said that financial services companies can “leverage whatever technologies they want to provide better customer experiences.”. “At

incumbents 97

incumbents networking financing finance 97

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. The market for venture capital is active and favorable, and we seized on that opportunity to accelerate funding,” he added.

peer-to-peer 97

peer-to-peer capital innovation incumbents 97

TechCrunch

JANUARY 11, 2022

In October 2021, Valve banned all blockchain-related games from its Steam platform. Anton Backman, principal, and Kenrick Drijkoningen, general partner, Play Ventures. Incumbents tend to be more wary of adapting new business models and gaming is no different. It was not an entirely unexpected move from Steam.

opportunity 97

opportunity incumbents advice strategy 97

TechCrunch

MAY 3, 2022

After all, AI is costly — Gartner predicted in 2021 that a third of tech providers would invest $1 million or more in AI by 2023 — and debugging an algorithm gone wrong threatens to inflate the development budget. million in total venture capital. “The user only has to add a few lines of code.”

development 89

development incumbents communities collaboration 89

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. According to a 2021 survey from code security platform GitGuardian, three code commits out of 1,000 expose at least one secret. billion in 2020.

incumbents 86

incumbents development capital venture capital 86

TechCrunch

MAY 23, 2022

Recently, there’s been rapid digitization of this market , with several startups upending incumbents such as classifieds and hoping to define the new era of used-car-sale platforms. Saudi-based early-stage venture capital firm RAED Ventures led the round. Some include U.K.’s Sylndr is yet to launch to the public.

disruption 99

disruption financing finance venture capital 99

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. The banks and incumbents take advantage of that and make people feel like they’re not smart enough to manage their money.

investing 91

investing investment education incumbents 91

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 has been shipping prototypes to partners since May 2021, Tanach says. To date, it’s raised $48 million in venture capital.

accelerator 95

accelerator networking incumbents support 95

TechCrunch

FEBRUARY 21, 2022

The latter is home to startups like Axie Infinity and Yield Guild Games, which have raised millions of dollars in venture capital owing to the adoption of crypto and play-to-earn models. Experts say Africa is poised to be disrupted by web3 in a similar fashion that has seen Southeast Asia become one of the best markets for web3.

education 96

education incumbents mix-use media 96

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 finance financing 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

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

TechCrunch

DECEMBER 2, 2021

The Mexico-based startup closed the $15 million Series A round and $20 million debt financing after participating in Y Combinator’s Winter 2021 cohort. ALLVP and Infinity Ventures, a firm founded by a trio of ex-PayPal execs, co-led the equity raise. The mission and vision for Mendel resonated with us immediately,” he told TechCrunch.

incumbents 90

incumbents financing finance frameworks 90

TechCrunch

MARCH 27, 2022

On March 25, PitchBook released its 2021 Annual Fintech Report , which found that the fintech industry raised $121.6 Ramp says its revenue grew “early 10x” in 2021 compared to 2020 while its cardholder base grew 7x and its user base grew 15x. million Series B in February of 2021. I wrote about the startup’s $32.5

ventures 96

ventures technology startup real estate 96

TechCrunch

MAY 1, 2021

And, in a series of results that could indicate a hot market for startup growth, they had a smashingly good first quarter of 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.”

incumbents 106

incumbents mix-use capital venture capital 106

TechCrunch

FEBRUARY 2, 2022

And in January, fulfillment is up 20% compared to November of 2021. Additionally, Melonn works with a range of transportation providers, including incumbents such as FedEx or DHL and last-mile startups, to reduce shipping times and costs. . Looking ahead, CEO Gomez projects that it will fulfill close to 6 million items in 2022.

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. Customers can customize the tools and apps or build their own using Pando’s APIs. ” Pando makes a best effort to automate processes around the supply chain.

investing 100

investing investment startup transportation 100

TechCrunch

APRIL 14, 2022

based company’s $35 million Series B in April 2021, which was co-led by TTV Capital, Owl Ventures and SoftBank Group Corp.’s TTV Capital led Welcome Tech’s latest capital infusion, which brings the company’s total raised to date to $70 million since its 2010 inception. The raise follows the L.A.-based

education 78

education communities incumbents health 78

TechCrunch

MAY 8, 2022

In other words, incumbents in some cases need fintechs even as they compete with them. We don’t really know why, or exactly how many people were impacted but it’s not great news for a company that was valued at $500 million in January of 2021 and especially not good news for the affected employees. million in Series A funding.

real estate 87

real estate financing finance venture capital 87

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. Impressively, in the third quarter of 2021, Creditas says it notched US$46.8 The meteor is about to hit. And we’ll all be better off for it.

incumbents 136

incumbents SaaS angel investing ventures 136

TechCrunch

MARCH 29, 2022

Founded in : 2021. Founded in : 2021. Abdigani Diriye, Khalid Keenan and Youcef Oudjidane, the other co-founders, have combined experience across engineering, investment banking and venture capital. Founded in : 2021. Founded in : 2021. Founded in : 2021. beU delivery. Website : [link]. Team size : 8.

startup 91

startup hospitality health financing 91

TechCrunch

SEPTEMBER 15, 2021

Wynn started the company in January 2021 with his co-founder Praveen Chekuri after working together at Instacart. 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.

financing 83

financing finance incumbents disruption 83

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

FEBRUARY 3, 2022

But first up is Natasha’s dive into Mos , which founder Amira Yahyaoui says is gunnin’ to become “the incumbent bank in the U.S.” billion in revenue for Q4 2021, but “that was the good news,” reports Ron Miller and Alex Wilhelm. Today’s startup news has a few Tiger rounds, a toilet paper headline and more.

incumbents 89

incumbents board enablement startup 89

TechCrunch

JUNE 17, 2021

Unit Go is currently in beta and will be available to the public in the fall of 2021. . The company plans to use its new capital to grow its headcount of 26 and fast-track its Unit Go offering. It also wants to expand its platform into additional financial products, software development kits (SDKs) and integrations. “As

incumbents 89

incumbents finance financing accelerator 89

TechCrunch

OCTOBER 12, 2021

Then in March of 2021, Nelo launched its first product via an Android app. 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. In the middle of the year, the company launched credit installment loans.

incumbents 92

incumbents financing finance capital 92

TechCrunch

JANUARY 26, 2022

While it invested mostly on its product in 2021, it plans to put some of its new capital toward its go to market strategy while continuing to be “heads down focused on product.” The startup has increased its customer count by nearly “3x” over the past year and signed several of the country’s top 100 lenders.

incumbents 78

incumbents financing finance SaaS 78

TechCrunch

MAY 3, 2022

When robotic process automation company UiPath filed to go public in March 2021, the startup had just closed a $750 million round that helped it clinch a $35 billion valuation. Although its initial IPO price range was slightly below that figure, post-debut, it bounced back to a $43 billion valuation at $90 per share. per share.

pitching 84

pitching SaaS incumbents ventures 84

TechCrunch

SEPTEMBER 20, 2022

.” Traditional venture firms are often reluctant to invest in defense-oriented startups given both the ethical implications and long pathway to profitability. it typically takes at least 18 months of planning before a government contractor wins its first contract — and most contracts are awarded to incumbents. In the U.S.,

ventures 54

ventures investing investment startup 54

TechCrunch

SEPTEMBER 18, 2022

This is particularly interesting because many of the existing corporate card players often point to Concur as an incumbent that they are trying to replace. I covered the company’s 2021 raise here. These companies, of course, join a plethora of others in the U.S.

real estate 82

real estate incumbents opportunity founder 82

TechCrunch

MAY 4, 2022

For example, there is little to nothing about EMR/EHR, or clinic management software, that needs to be retrofitted for psychedelic therapies, and we foresee large incumbents such as an AdvancedMD being able to expand existing offerings into the psychedelic space. Additionally, are skeptic of why certain tech has to be “psychedelic.”

health 94

health startup incumbents ventures 94

TechCrunch

JANUARY 25, 2021

For the fourth straight year, the publicly traded fintechs massively outperformed the incumbent financial services providers as well as every mainstream stock index. For the fourth straight year, the publicly traded fintechs massively outperformed the incumbent financial services providers as well as every mainstream stock index.

incumbents 139

incumbents accelerator financing finance 139

TechCrunch

FEBRUARY 13, 2023

market in June 2021 , and later went on to add a free “basic” tier to the mix with certain restrictions in place. Back in December, venture-backed You.com launched similar ChatGPT-style AI smarts to that of Neeva. million in venture capital funding from Silicon Valley VC heavyweights including Sequoia Capital and Greylock.

pitching 98

pitching mix-use incumbents technology 98

TechCrunch

JANUARY 29, 2021

Benoit Wirz , partner, Brighteye Ventures (an active edtech-focused venture capital fund in Europe that backs YouSchool, Lightneer and Aula). Charles Birnbaum , partner, Bessemer Venture Partners (a generalist fund with portfolio companies including Guild Education and Brightwheel). Jerry Lu , senior associate, Maveron.

VC 107

VC founder media education 107