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Gorgias’ valuation rises to $710M with $30M Series C for e-commerce customer support

TechCrunch

Even with all of that growth, the company is monitoring its cash burn rate in this new economic environment. In fact, Gorgias wasn’t planning to raise new venture capital so soon, but Lapeyre said he jumped at the opportunity to work with Transpose Platform and Shopify.

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Spend management platform Teampay expands partnership with Mastercard, raises $47M

TechCrunch

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

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On Deck tried to do it all. Now, it’s trying to do less, better

TechCrunch

The company has raised tens of millions in venture capital from investors, including Founders Fund, Village Global and Tiger Global. It resembles a classic accelerator, but perhaps one step earlier than a Y Combinator. From accelerator to just a classic investor. Everyone in the room is talking about the same person.”.

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7 investors discuss why edtech startups must go back to basics to survive

TechCrunch

The companies that took their first venture capital during the craze decided to join forces with other well-capitalized competitors. But that’s all I’m giving away now; read the entire survey to see where investors are finding hope, what is no longer venture-backable and what wave of edtech innovation they think we’re in today.

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Three Learnings for Startups after Big Tech’s Q3 Earnings Beatdown

Entrepreneur's Handbook

You need to plan to achieve your targets COVID and a low cost of capital were a tailwind for more technology businesses than we realized. Even the growth rates of the cloud providers have begun to decelerate as customers scrutinize spending more carefully (true for AWS & Azure, GCP revenue growth accelerated slightly).

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The Equity Seller’s Bubble of 2021 Part 2 • 2022 From a Startup Equity Seller’s to an Equity Buyer’s Market

Angel Capital Association

2022: The Aftermath In 2022 war, inflation, rising interest rates and a tougher economic environment–one not buoyed by historically low interest rates–brought an end to the long-term bull market in assets (the “everything bubble”), including startup capital. 2 A (temporary) venture capital reset?

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Boston offers a world of advantages for startup founders

TechCrunch

It requires accelerators and incubators and coworking spaces to help nurture early ideas, and it needs VC firms investing across stages. Image Credits: Pitchbook Boston had a steady investment growth trajectory until it dropped off (like everyone else) in 2022 as investment overall slowed in an uncertain economic environment.