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

American Entrepreneurship

Incumbent methods systematically bias against women- and minority-owned businesses. At Parafin, weve worked tirelessly to construct our entire company from our products and teams to our processes to solve this problem, Poddar said. This has historically hindered small business growth.

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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

So when Sam Rosen came to me with the idea of disrupting storage with a product that is priced cheaper than existing incumbents and he could build a product that is a better service I was intrigued. Incumbent Strengths & Weaknesses. So if you are then I have to ask myself, “What are the incumbents going to do when you grow?”

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

American Entrepreneurship

Incumbent methods systematically bias against women- and minority-owned businesses. At Parafin, weve worked tirelessly to construct our entire company from our products and teams to our processes to solve this problem, Poddar said. This has historically hindered small business growth.

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The Future of Hospitality is Here

Revolution

While certain categories such as coworking, alternative accommodations, “ibuying”, brokerage, and construction (among others) have adorned the front pages of leading media outlets, we are still very much in the early innings of innovation in the space. There is something inherently exciting about this growth and the opportunities it implies.

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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.

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

TechCrunch

Recent traction includes companies working in the construction, property management, sports and hospitality industries. Mort appreciates that TrustLayer is tackling the problem not by becoming the insurance broker, but by working with the incumbents as a software solution.

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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. In 2015, I wrote about the trade-off facing vertical SaaS companies. But they are not the typical agency.

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