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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. Ordering is decentralized, based on personal preferences in both products and vendors, and at variable prices without strong ties to clinical outcomes.

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Expeto, a startup selling tools to manage private cellular networks, raises $13M

TechCrunch

But that hasn’t stopped new ventures from cropping up to challenge the incumbents. ” Co-founded in 2015 by Terje Strand, Ryley MacKenzie and Brian Baird, with Anderson coming onboard in 2020, Expeto doesn’t sell cell service. “We plan to raise our next round of capital in the second half of 2024.

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

TechCrunch

An engineer by trade — Rangasaye was the COO at Groq and once headed product planning at Altera, which Intel acquired in 2015 — he says that he was motivated to start Sima.ai “Sima.ai’s software and hardware platform can be used to enable scaling machine learning to [a range of] embedded edge applications.

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Headless CMS platform Kontent secures new capital to grow its customer base

TechCrunch

Kontent launched in 2015 as an internal startup of 18-year-old bootstrapped software developer Kentico. ” In 2015, Kentico started to explore the emerging trend of “headless CMSes,” trying to rethink some of the core concepts of content management and sell it as a software-as-a-service solution. .”

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Pinduoduo and The Rise of Social E-Commerce

Y Combinator

When Pinduoduo launched in 2015, there was little room for a new commerce platform in China. Pinduoduo’s team purchase is often compared to Groupon in the US because they both enable a form of group buying. The success of Pinduoduo in China suggests there is a huge opportunity for social commerce platforms to emerge in other regions.

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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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ClearBank, a UK banking rails provider, raises $230M from Apax to expand into Europe and the US

TechCrunch

faster than those incumbents, and continue to expand it to more services in its home market, as well as take them abroad. That spells opportunity for companies that are enabling that adoption. The company has raised £175 million ($230 million at today’s conversion rates), from a single investor, the PE firm Apax Partners.