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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

today closed a $30 million additional investment from Fidelity Management & Research Company with participation from Lip-Bu Tan (who’s joining the board) and previous investors, concluding the startup’s Series B. After emerging from stealth in 2019, Sima.ai It brings Sima.ia’s total capital raised to $150 million.

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How a Little Bit of Fear Breeds Innovation

Entrepreneurs' Organization

In 2015, one of the largest healthcare intermediaries in the country presented us these challenges. Incumbent human processes were cumbersome, laborious, costly, slow and demoralizing. She is currently serving a governor-appointed position on the Information Technology Advisory Board for the State of Nevada.

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So much fintech M&A

TechCrunch

A lot has changed in the markets since then, so this feels like a good outcome for the startup, which was founded by Paul Sawaya and Roger Lee in 2015. ” And this line was the classic motivation for all incumbents buying fintechs: “Why not just bring it in to our platform and get it to customers as quickly as possible?”.

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The Uber that Never Was

This is going to be BIG.

Using the proliferation of newly GPS-enabled mobile devices to enable taxi hailing and beat out stagnant incumbent providers was always going to be a big win for consumers. How many LPs are asking the top tier funds what they’re doing to enforce and oversee values and culture from a board perspective?

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Monzo Makes Money Work For Everyone

Y Combinator

When Monzo launched in 2015, the big six banks in the UK had more than 85% market share. 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. expectations. Their profit models.

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Monzo Makes Money Work For Everyone

Y Combinator

When Monzo launched in 2015, the big six banks in the UK had more than 85% market share. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer expectations. In comparison, most incumbents were pushing updates on a quarterly or annual basis.

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“Customer First” Healthcare

abovethecrowd.com

Can you do this online before your visit, or are you handed a clip-board full of forms where you enter information you have already provided on previous visits? In 2015, 46 percent of workers were enrolled in a plan with an annual deductible of $1,000 or more, up from 38 percent in 2013 and 22 percent in 2009. Do they respond?

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