Both Sides of the Table

MAY 17, 2017

I’ve been involved with several startups where a giant incumbent attacks you and tries to sue you out of existence. I’ve known Jamie for years — he’s one of Los Angeles’ true innovators — so when we first heard he was starting Ring (then DoorBot) we were immediately interest and have been huge supporters (and funders) since his earliest days.

funders 254

funders innovation disruption incumbents 254

TechCrunch

MARCH 8, 2021

Starling — which competes against incumbent banks, as well as other challengers like Monzo and Revolut — said it will be using the money to continue its growth. That bigger market picture has also meant a surge of many neobanks, and so Starling competes with more than just the incumbents. billion) post-money.

incumbents 110

incumbents investing investment innovation 110

Y Combinator

DECEMBER 8, 2021

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. Outperforming incumbents with modern experience and digital infrastructure. Monzo also cracked world-class customer support via in-app chat. expectations. Traditional banks have not been able to keep pace.

peer-to-peer 102

peer-to-peer incumbents financing finance 102

TechCrunch

AUGUST 10, 2021

Lisa Dolan, managing director at Link Ventures, said she found the company while examining web traffic data, where Breeze was listed among industry incumbents among consumers searching for disability. Northwestern Mutual Ventures, Silicon Valley Bank, M25, Fiat Ventures and Invest Nebraska also participated in the financing.

incumbents 99

incumbents health education ventures 99

Tomasz Tunguz

MARCH 1, 2021

And they will start out full of insight because they benefit from the collective marketing, support, product, engineering, and every other data set owned by the company, rather than an empty system of record. The architecture enables SaaS companies to reimagine the largest categories of software and rebuild them to challenge the incumbents.

SaaS 145

SaaS incumbents board accelerator 145

Tomasz Tunguz

FEBRUARY 19, 2019

Others want to innovate in every dimension and re-invent every discipline from pricing to marketing to support to customer success. Kustomer’s platform is a fundamental re-architecture of customer support software. There are spaces where pricing innovation is welcome, especially when there is a large, expensive incumbent.

startup 110

startup incumbents disruption frameworks 110

TechCrunch

MARCH 16, 2021

On banking competitors, Ikigai’s founders argue that existing incumbents and challengers both have “significant” failings. . “It allows us to focus on what we are good at and really matters to our customers: the user experience” Challenger bank Starling adds investment service Wealthify to its in-app marketplace.

incumbents 109

incumbents consulting collaboration financing 109

TechCrunch

SEPTEMBER 7, 2021

” Going up against incumbents. Third-party providers, mostly fintechs, have tried to capture some market share from these incumbents. Whereas the incumbents mostly focus on USSD (although there are provisions to use applications), Wave is solely app-based. Wave, however , wants to disrupt it.

investment 124

investment investing incumbents networking 124

American Entrepreneurship

DECEMBER 20, 2024

The latest round of additional investor support shows their confidence in Parafins approach to embedded financial services and its long-term impact on how small businesses access capital and manage their operations. Incumbent methods systematically bias against women- and minority-owned businesses.

financing 98

financing finance incumbents construction 98

Dream It

MAY 13, 2020

Venture investors are hunkering down and supporting their existing portfolio because they want to make sure what they’ve already invested in is going to survive. However, if you’re already an incumbent at a large health system with a compelling Covid-19 use case, then you’re in a really good spot.

health 195

health advice innovation incumbents 195

TechCrunch

JULY 13, 2022

Participants will also be provided “strategic” support in the form of potential contracts with Booz Allen customers. It’ll be incumbent on Booz Allen Ventures to show that it’s not looking to snuff out or absorb startups for the benefit of its corporate parent.

ventures 93

ventures incumbents startup venture capital 93

TechCrunch

APRIL 20, 2023

The tranche, which values CoreWeave at $2 billion pre-money and brings the company’s total raised to $371 million, will be used to support CoreWeave’s U.S.-based ” It’s tough for any cloud provider to compete with the incumbents in the space — i.e., Google, Amazon and Microsoft. . billion and $26.28

investment 97

investment investing incumbents accelerator 97

TechCrunch

JULY 25, 2021

Incumbent giants therefore could lose a sizable chunk of market share if a company could just manage to weave together China’s manufacturing proficiency and agility with the modern tech startup philosophy of “moving fast and breaking stuff.”. The tech revolution hasn’t yet affected the bottled beverage industry quite as much as it has others.

incumbents 129

incumbents networking entrepreneurs opportunity 129

TechCrunch

APRIL 12, 2023

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. ” Moreover, by focusing on Microsoft, this minimizes any risks associated with trying to support too many software ecosystems.

incumbents 99

incumbents construction health support 99

TechCrunch

JUNE 9, 2022

” The problem that Basebase is addressing is one that is endemic to the financial services industry: incumbent big banks and others have been building digital services for forty years at this point. We want to be closer to companies’ larger digital transformation programs.”

incumbents 78

incumbents leadership disruption strategy 78

Tomasz Tunguz

FEBRUARY 9, 2020

Here was a plucky group of founders with deep technical expertise seeking to take on the incumbents with a novel architecture. You can read more about the investment memo and diligence that supported the investment here. My partner Satish writes about the experience from his vantage point.

incumbents 22

incumbents investing investment support 22

TechCrunch

SEPTEMBER 17, 2022

For me, there was a huge opportunity in a space that the incumbents were not able to capture because a lot of it is the economics of their model and misaligned incentives.The world continues to unfortunately be made up of haves and have nots….There TC: Was it worth it for you to get a charter as a company? And if so, why?

incumbents 123

incumbents sustainability capital health 123

TechCrunch

FEBRUARY 3, 2022

It’s an evolution from Mos as an edtech business built to help students navigate their way through applying and attending college into a fintech that can support the same user base through all of life’s similarly complicated demands. Banks are trying to become relevant, but students don’t buy the BS that incumbents are doing.”

incumbents 99

incumbents startup communities consulting 99

TechCrunch

JUNE 22, 2021

About 80% of businesses who started using Zeller switched from Australia’s four biggest banks, citing their desire for lower fees and better customer support. In a press statement, Spark Capital investor James Kuklinski said, “From our first meeting with Ben, we knew we wanted to be a part of Zeller.

capital 96

capital incumbents disruption support 96

Andreessen Horowitz

MARCH 20, 2024

But I think there’s something to that, where you provide, you know, the sort of infrastructure and support, and then let the users or creators do what they do best. You know, incumbents versus startups. Definitely the incumbents, they’re going to have access to the technology and they’re going to have distribution.

incumbents 143

incumbents networking technology creativity 143

TechCrunch

JUNE 6, 2022

Can both users support their end of the payment based off of their default split? ” Ivella isn’t just competing with the theory of joint accounts pushed by incumbent banks, but also venture-backed startups seeking a multiplayer fintech world. If so, move the money and then send back an approval.”

peer-to-peer 117

peer-to-peer finance financing incumbents 117

TechCrunch

AUGUST 11, 2022

Ma was previously a senior engineer at Morgan Stanley before co-founding Supportive, a help desk software-as-a-service startup, and joining Confluent as an engineering lead. Menezes says he thinks about the competitive landscape in three ways: build-it-yourself, legacy incumbents and low-code startups. Image Credits: Superblocks.

incumbents 78

incumbents development support accelerator 78

TechCrunch

DECEMBER 6, 2022

There’s a growing market for private cellular networks, or dedicated cell networks configured to support a company’s specific requirements within a confined area (think a warehouse or wind farm). But that hasn’t stopped new ventures from cropping up to challenge the incumbents.

networking 88

networking startup incumbents energy 88

StartupNation

MARCH 16, 2021

Build a team to support your iteration and scaling. If necessary, raise capital to support scaling the team, iterating the solution and expanding to solve new problems for the same customer, or new problems for new customers. B2B companies face a similar battle against multibillion-dollar incumbents and unicorn startups.

peer-to-peer 85

peer-to-peer incumbents innovation entrepreneurs 85

TechCrunch

NOVEMBER 22, 2021

Bhettay is also seeing the larger incumbents focus here, as well as marketing dollars, which he considers validation that the market is shifting to the digitalization of pet care. The problems are more exacerbated the more pets that are added to the system, which has not grown in a way to support that,” Mawhinney added.

capital 98

capital incumbents education health 98

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. We have a huge market with complacent incumbents, a population that adopts technologies early on and a supportive regulatory agenda.

incumbents 80

incumbents startup finance financing 80

TechCrunch

DECEMBER 16, 2021

With the latest funding, ManageXR will support its expanding team and go-to-market strategy as the company has experienced rapid growth since becoming available to beta users in November 2019 and officially launching in April 2021. Los Angeles-based Talespin nabs $15 million for its extended reality-based workforce training tools.

incumbents 87

incumbents hospitality collaboration enablement 87

AsiaTechDaily

JANUARY 19, 2023

“We are humbled by the overwhelming support from our investors, rural bank partners, and loyal users. Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy.

peer-to-peer 75

peer-to-peer incumbents accelerator economic growth 75

TechCrunch

APRIL 28, 2021

We look forward to supporting new exciting protocols and projects, empowering innovative corporate use cases, and adding additional (decentralized) financial products and services to our platform.”. Finoa is bridging this gap by providing seamless, safe, and regulated access to the world of digital assets.”

capital 79

capital incumbents innovation accelerator 79

American Entrepreneurship

FEBRUARY 16, 2023

Comun observed that no incumbent bank offers a full Spanish language banking experience. Comun gained investor support of $4.5M economy that is excluded from services and support that could help their financial growth and mobility. Seed capital to serve the 44 million Latinos with Spanish as a primary language in the U.S.

capital 75

capital entrepreneurship incumbents innovation 75

TechCrunch

AUGUST 3, 2021

Personally, and at Draper Esprit, we are big supporters of innovation, so we have helped Mark Boggett at Seraphim [and shared information and] our path. And so, yes, we’re supportive of others following in our footsteps and we will be big fans of having much wider diversity. But that’s not what we do.

VC 102

VC venture capital incumbents capital 102

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. It is also set to allow large-scale users such as ‘hyperscalers’ and next-wave data center customers to support their growing scale of AI usage.”

accelerator 95

accelerator networking incumbents support 95

TechCrunch

FEBRUARY 17, 2022

While incumbents have pioneered various enterprise resource planning (ERP) systems to digitize these processes, companies would still get four to five different software platforms to complete multiple tasks. They are electronic yet manual processes that make their work very inefficient. More than 3,000 users also utilize its software.

incumbents 80

incumbents transportation collaboration consulting 80

TechCrunch

FEBRUARY 7, 2023

The startup provides dashboards from where users can build AI-powered workflows for tasks like claims processing, customer support and appointment scheduling, letting organizations automate both business processes and front-office, customer-facing tasks (if the sales pitch is to be believed). After all, Jiffy.ai

incumbents 92

incumbents support SaaS ventures 92

Andreessen Horowitz

AUGUST 30, 2023

Can costs be reduced, customer support improved, NPS increased, new, previously unprofitable sales opportunities be unlocked? With that overview, it’s probably most helpful to think about three kinds of opportunities: Known Knowns, Known Unknowns, and Unknown Unknowns. As technology continues to improve, the answer is an unequivocal “yes.”

opportunity 91

opportunity incumbents financing finance 91

Andreessen Horowitz

JUNE 6, 2024

Eventually, Atlassian noticed that IT, legal, and customer support teams started to use Jira software to track their own workflows, and so created JIRA Service Desk—a product more akin to a “help desk”—to serve these new customers. To more effectively monetize this new customer segment, Atlassian created a new pricing metric: per agent.

incumbents 97

incumbents support investing investment 97

TechCrunch

SEPTEMBER 7, 2021

. “We started with the idea of the power of data and using a wider range of resources [than incumbents], and using that in our pricing led us to be able to offer better rates to more people,” Oliver said, but that hasn’t led to Marshmallow seeing sharper competition from older incumbents.

incumbents 87

incumbents technology startup strategy 87