article thumbnail

Onramp Funds accelerates e-commerce financing platform with $42M in equity, credit

TechCrunch

Onramp Funds , an Austin-based company providing financing to e-commerce sellers, secured $42 million in equity and credit to expand its working capital offering. One of the problems with shipping at that time, back in 2012, was that you would have to log into each individual marketplace. Revenue is growing 30% month over month.

article thumbnail

How to Raise First Dollars in a Difficult Market: The Venture Perspective

TechCrunch

Raising venture capital is rarely an easy lift for startups, but 2022 is turning out to be a more challenging year than we’ve seen for some time. As venture capital continues its slowdown after an aggressive 2020 and record-breaking 2021 , it’s clear that early-stage founders looking for their first dollars will require a new approach.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Uganda’s Tugende closes $3.6M Series A extension to meet the demand for its asset finance products

TechCrunch

Ugandan technology-enabled asset finance company Tugende today announced that it has closed $3.6 This brings Tugende’s total Series A financing to $9.9 This brings Tugende’s total Series A financing to $9.9 Michael Wilkerson founded Tugende in 2012. Development Finance Corporation.

financing 103
article thumbnail

Better Tomorrow Ventures closes on $225M fintech-focused fund, which is triple the size of its last fund

TechCrunch

Early-stage fintech-focused venture firm Better Tomorrow Ventures has raised $225 million for its second fund — triple the amount it raised for its debut fund that closed in September of 2020. BTV is a venture firm that boasts two successful fintech founders as its partners.

article thumbnail

Real estate investing giant Fundrise breaks into venture capital

TechCrunch

Fundrise , a company that allows anyone to invest in real estate with a minimum investment of just $10, is making a splashy entry into the venture capital market with the goal of raising a new $1 billion growth equity fund to invest in late-stage tech startups, it announced today.

article thumbnail

LiveOak Venture Partners takes in $210M aimed at Texas entrepreneurs

TechCrunch

LiveOak Venture Partners raised its largest fund to date, $210 million for Fund III, which will enable the Austin-based, early-stage venture capital firm to double down on Texas founders. Srinivasan and Venu Shamapant started the firm in 2012, and its first two funds both raised $105 million.

article thumbnail

The Venture Capital Diversity Gap and Why It Matters

StartupNation

Despite the growth in awarded venture capital (VC) funds, a staggering disparity remains between the amount of total VC funds invested in entrepreneurs and the portion of those funds invested in ventures founded and/or led by women—particularly women of color. I am no stranger to this gender gap within the VC space.