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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. This year’s event will feature profound insights from today’s top teachers in the fields of business growth and innovation.

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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. . “Kontent.ai

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Getsafe, the European digital-first insurance startup, scores $30M Series B

TechCrunch

Getsafe has raised a total of $53 million to date since being founded in May 2015. “We sell more policies to first-time insurance buyers in Germany than incumbents like Allianz, Axa, Zurich, etc,” he says. Swiss Re, the reinsurer giant, led the round.

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

TechCrunch

“The funding will be used to accelerate scaling of the engineering and business teams globally, and to continue investing in both hardware and software innovation,” founder and CEO Krishna Rangasayee told TechCrunch in an email interview. It brings Sima.ia’s total capital raised to $150 million. “I founded Sima.ai

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South Africa’s Root gets $3M, plans to expand low-code insurance platform to Europe

TechCrunch

With the global insurtech market worth over $5 trillion, there are different opportunities to be tapped despite the presence of large incumbents. Root started off with the premise that many barriers, including compliance and capital, prevented software developers and businesses from building and innovating around insurance.

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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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Catching a Second Wind

OurCrowd

Macy’s, its better-faring competitor, is moving away from physical storefronts, cutting its square footage by 13% between 2015 and 2018. While incumbent competitor Mattress Firm began a process of consolidation and subsequently filed for bankruptcy in 2018, Casper announced it would be opening 200 retail locations across the US.