TechCrunch

JUNE 8, 2022

Embedded finance — where financial services companies and others bring in different kinds of fintech technology by way of APIs to enhance their own offerings with more data and functionality — remains a growing opportunity, both to help fuel new business and to help incumbents get up to speed with their disruptors.

incumbents 87

incumbents financing finance technology 87

TechCrunch

MAY 11, 2022

That player, Crowdz , recently secured $10 million in financing co-led by Citi and Dutch growth equity firm Global Cleantech Capital, with participation from Bold Capital Partners, TFX Ventures and Augment Ventures. In 2019, Barclays Bank and Bold Capital Partners co-led a $5.5 million Series A funding round for Crowdz. “A

financing 98

financing finance funders SaaS 98

TechCrunch

JANUARY 26, 2022

Polly, a SaaS technology startup aiming to “transform” the mortgage capital markets, announced today that it has raised $37 million in a Series B funding round led by Menlo Ventures. Carmel believes Polly stands out from others in the industry in that it is helping create a fourth category in the mortgage sector — capital markets. “I

incumbents 78

incumbents financing finance SaaS 78

Tomasz Tunguz

OCTOBER 21, 2017

Over that 20 year period, annual SaaS investment has increased 20x, peaking in 2014 at $7B. Incumbent client/server technologies have lost their market dominance to new incumbents. I believe competition is a major driving force, especially since venture capital is conspicuously copious. Today, that figure is 5000.

SaaS 75

SaaS incumbents financing finance 75

TechCrunch

APRIL 3, 2022

Founded in 2013 (or 2014 depending on the source), the Chicago-based company has raised over $82 million in funding over its lifetime from investors such as FinTech Collective and Oak HC/FT , according to Crunchbase. It also noted that Goldman’s intent to buy NextCapital “follows several moves by multiline incumbents (e.g.

startup 110

startup financing finance incumbents 110

TechCrunch

AUGUST 19, 2022

Godot, for the uninitiated, is a cross-platform game engine first released under an open source license back in 2014, though its initial development pre-dates that by several years. But Linietsky was keen to highlight one core difference between W4 and these incumbents: it’s expertise.

incumbents 100

incumbents communities support development 100

TechCrunch

NOVEMBER 13, 2022

From Tage Kene-Okafor: Kuda , the London-based and Nigerian-operating startup taking on incumbents in the country with a mobile-first and personalized set of banking services, is expanding to the U.K. Quona Capital sinking $332M into startups focused on financial inclusion. by offering a remittance product to Nigerians in the diaspora.

real estate 97

real estate incumbents mix-use financing 97

TechCrunch

JUNE 23, 2021

The two companies have a few things in common besides being profitable: they were both bootstrapped for years before taking institutional capital and both have headquarters outside of Silicon Valley. “We Snyder co-founded Lower in 2014 with the goal of making the homebuying process simpler for consumers.

financing 94

financing finance incumbents board 94

Continuations

OCTOBER 18, 2019

I have spoken and written extensively about this going back to a post on labor rights (2014) and my TEDxNY talk (2015), several subsequent blog posts , and my book World After Capital. This has massively reduced the power of incumbent banks, allowing for rapid innovation in the banking and payments sector.

networking 40

networking incumbents education innovation 40

Haystack

JUNE 5, 2018

After being installed in 2014 as Microsoft’s new CEO, Nadella has turned around the Seattle ocean liner on a new course after the Ballmer regime. Buying that time and capital paid off, as Microsoft recently announced it would purchase GitHub for $7.5B. Satya strikes again. They’re probably not far off from the truth.

leadership 71

leadership incumbents culture networking 71

Tomasz Tunguz

JUNE 20, 2016

In 2014, that figure fell to 1186 and in 2015, we count 481. This is counterintuitive considering the broader venture capital backdrop of near record venture investment in software. But if we assume the 2014 cohort is accurate, then the data suggests an 18% drop in software company formation.

SaaS 40

SaaS incumbents venture capital ventures 40

WSJ - The Accelerators

JULY 2, 2015

The graphic follows those startups until April 2014. The research found that only 54% of those startups landed Series A funding, while 36% of the original cohort ended up nabbing elusive Series B money by April 2014. Only 4% of the 160 startups from the class of 2009 completed a 6 th funding round by April 2014. Certainly not.

ventures 28

ventures incumbents venture capital financing 28

TechCrunch

SEPTEMBER 14, 2022

The New York Shipping Exchange (Nyshex) , a platform that connects shippers with ocean carriers, today announced that it raised $25 million in a Series B funding round led by Collate Capital with participation from Blumberg Capital, Goldman Sachs, and NewRoad Capital.

incumbents 82

incumbents disruption capital support 82

Tomasz Tunguz

JUNE 7, 2015

In 2014, Gartner predicted Chief Marketing Officers would control more budget than Chief Information Officers by 2017 , and the initial data shows the trend to be accurate. So, it is incumbent for each startup to determine which of the disciplines is most important, given the goals and the stage of the business.

SaaS 40

SaaS incumbents B2B marketing education 40

Tomasz Tunguz

JANUARY 14, 2016

” This change in investor mentality is catalyzed by the increasing cost of startup capital. Starting in 2014, and perhaps even a bit before, startups have been able to raise capital at better terms than at any time since 2000. And would might happen if the company didn’t spend all this capital?

real estate 40

real estate startup incumbents sustainability 40

OurCrowd

AUGUST 14, 2019

Casper is a directto-consumer sleep brand that broke onto the scene in 2014 with a re-designed, high quality mattress that shipped directly to consumers’ doors. CB4 , for example, has developed machine learning software that enables retail chains to solve operational issues that hamper sales.

sustainability 51

sustainability incumbents technology strategy 51

Y Combinator

SEPTEMBER 17, 2021

In 2014, YC had been funding startups for 9 years, but we’d mostly funded software companies. This would allow them to avoid the challenges faced by other synthetic biology companies that had to do capital intensive build-outs of massive fermentation facilities.

incumbents 101

incumbents sustainability founder financing 101

Tomasz Tunguz

JUNE 29, 2015

Second, that the total number of acquisitions in 2014 would achieve a 5 year high. Many technology incumbents possess substantial cash balances , which enable them to make substantial acquisitions. But M&A velocity has slowed in 2015 compared to 2014 - at least through the first quarter. Two key trends surfaced.

incumbents 40

incumbents startup enablement technology 40

TechCrunch

MAY 20, 2021

When Privacy.com was founded in 2014, the company’s focus was to let anyone generate virtual and disposable payment card numbers for free. We’ve heard from customers that Lithic can power a launch in the same amount of time it takes an incumbent issuer to return a phone call.”.

incumbents 97

incumbents strategy ventures development 97

Tomasz Tunguz

MAY 26, 2015

In 2014, 90% of the tech M&A transactions consummated by companies, and excluding private equity firms, in the US with disclosed deal values were cash deals. The best return on capital then is acquisition or stock buy backs which hit a record high earlier this year. In 2014, companies spent $22.4B

incumbents 40

incumbents startup capital founder 40

Haystack

NOVEMBER 25, 2018

As a little tradition on this blog, I’ve singled out companies starting in 2013 with Stripe ; there was Snap back in 2014; Slack in 2015; took a break in 2016, as I wasn’t inspired to select one then; and last year, 2017, was Coinbase. Here is the Google Doc where we tracked these.]

incumbents 127

incumbents accelerator venture capital financing 127

Tomasz Tunguz

OCTOBER 16, 2016

Major capital investments fell 55% in Q3. Over the last few months we seen a reversion to the mean of about 5x forward revenues compared to recent highs of 7.7x (in early 2014) and lows of 3.2. 2016 has been a volatile year. How do all these factors commingle to influence today’s acquisition environment?

incumbents 40

incumbents SaaS capital investing 40

abovethecrowd.com

DECEMBER 18, 2017

healthcare system does not operate as a free marketplace with the type of open-competition that we often associate with capitalism. From 2004 to 2014, the average payments for coinsurance rose 107% from $117 to $242. Our venture capital firm, Benchmark, has made four investments consistent with the “customer-first” theme.

health 59

health hospitality networking mix-use 59

Tomasz Tunguz

APRIL 18, 2015

In the Innovator’s Dilemma for SaaS Startups , I outlined the path of many software companies, which disrupt incumbents by first serving the small-to-medium business and then move up-market by transitioning to serve larger enterprises with outbound sales teams. Additionally, this flywheel model is incredibly capital efficient.

SaaS 58

SaaS innovation startup incumbents 58