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Parafin Transforming Delivery of Small Business Financial Services Closes $100M Series C

American Entrepreneurship

The recent closing of a $100 million Series C financing at a $750 million valuation positions the company for accelerated growth. Incumbent methods systematically bias against women- and minority-owned businesses. This has historically hindered small business growth.

finance 98
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Parafin Transforming Delivery of Small Business Financial Services Closes $100M Series C

American Entrepreneurship

The recent closing of a $100 million Series C financing at a $750 million valuation positions the company for accelerated growth. Incumbent methods systematically bias against women- and minority-owned businesses. This has historically hindered small business growth.

finance 98
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LMS365, a learning management system built into Microsoft 365 and Teams, raises $20M

TechCrunch

Embedding a learning management system directly into workers’ core everyday tools is one of LMS365’s core selling points versus incumbents in the LMS space such as Workday , Eloomi , or TalentLMS. Germany, and Australia. “We “We will use M&A strategically going forward, including in relation to product development.”

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TrustLayer raises $6M seed to become the ‘Carta for insurance’

TechCrunch

The funding actually marked BTV’s first investment in a cohort member of its inaugural accelerator program. . Recent traction includes companies working in the construction, property management, sports and hospitality industries. BrokerTech Ventures (BTV), a group consisting of 13 tech-focused insurance agencies in the U.S.

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The AI Agency - A Novel GTM for Machine Learning SaaS Startups

Tomasz Tunguz

Procore targets construction with their software and Veeva targets pharmaceuticals with their CRM. Finding scant market demand from the incumbents whose owners prefer status quo, these startups start their own agency. They accelerate workflows, and eventually automates some fraction of them. But they are not the typical agency.

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Cruz Foam’s shell-based Styrofoam alternative brings in $3.4M seed with DiCaprio and Kutcher

TechCrunch

I met Cruz Foam co-founder John Felts during the memorable Accelerator at Sea hosted by the Sustainable Ocean Alliance. We seek innovation from everywhere and we know sometimes the newest ideas don’t necessarily come from the incumbents in the industry.” ” In the Accelerator over the Sea.

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Request for Startups: Climate Tech

Y Combinator

Recent legislation will also significantly accelerate the existing market trends. Other considerations include market size, incumbent strength, founder fit with an enterprise-like sales cycle, and ability to create significantly better-electrified products faster than the incumbents can modify their existing lines and supply chains.

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