Remove 2025 Remove incumbents Remove peer-to-peer
article thumbnail

New capital positions luxury goods reseller Rebag for next round of innovation

TechCrunch

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.”

article thumbnail

Lydia grabs another $100 million for its European financial super app

TechCrunch

At first, Lydia was a peer-to-peer payment app. By adding more products on top of peer-to-peer payments, Lydia wants to drive engagement. By 2025, the company hopes that 10 million customers in Europe will use Lydia as their primary account. Times are changing. But now, many VC firms have raised huge funds.

article thumbnail

It Pays to be an AI Company

Tomasz Tunguz

Forward ARR Multiple As of Type 25th 50th 75th percentile 2025-01-31 Software 3.1 2025-01-31 AI 8.3 High-growth early SaaS companies can achieve growth rates similar to those of their AI peers In the public markets, typically, the slower the growth of the company, the less they have been investing in AI. There’s $1.5t