Remove 2015 Remove incumbents Remove investment Remove sustainability
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Digital road freight forwarder Sennder raises $160M Series, plans European expansion

TechCrunch

Sennder competes with large incumbents like Wincanton and CH Robinson, as well as other startups such as OnTrac and Instafreight. Sennder’s new investment will mean it can expand in European markets. In June 2020 it merged with French competitor Everoad, and acquired Uber Freight’s European business last September.

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Most fintechs partner with banks; Varo became one, and says it’s paying off

TechCrunch

It has raised nearly $1 billion since its 2015 inception and was valued at $2.5 For me, there was a huge opportunity in a space that the incumbents were not able to capture because a lot of it is the economics of their model and misaligned incentives.The world continues to unfortunately be made up of haves and have nots….There

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Gophr, the U.K. last-mile delivery company, picks up £4M funding

TechCrunch

-based last-mile delivery provider, has raised £4 million in funding, as it looks to invest in its product off the back of 300% revenue growth during the last 12 months. The company had previously raised £1 million in two rounds, including £500,000 from publicly-listed Auctus Alternative Investments. I don’t see how the incumbent U.K.

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Nigerian YC-backed startup Anchor comes out of stealth with $1M+ to scale its banking-as-a-service platform

TechCrunch

In 2015, the emergence of fintechs such as Flutterwave and Paystack changed the game for online businesses in Africa by making it easier to integrate payments into customer interfaces without building those features from the ground up or merging with tacky foreign software. Nigerian fintech startup OneFi acquires payment company Amplify.

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401(k) provider Human Interest doubles valuation with $55M fundraise

TechCrunch

million since its 2015 inception. The big incumbents haven’t figured out how to make plans affordable and accessible for smaller companies,” Schneble said. “We Generation closes $1B growth fund targeting sustainable startups. With this latest extension, Human Interest has now raised a total of $136.7 ” .

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The Metric that Matters for Startups in 2016

Tomasz Tunguz

2015 is the end of an era, the era of startup growth at any cost. Inexpensive equity dollars enable capital-intensive companies to amass the warchest necessary to dethrone incumbents. To sustain these growth rates and reach the levels of market liquidity they have, startups like Uber and AirBnB require massive amounts of cash.

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Data-driven iteration helped China’s Genki Forest become a $6B beverage giant in 5 years

TechCrunch

Incumbent giants therefore could lose a sizable chunk of market share if a company could just manage to weave together China’s manufacturing proficiency and agility with the modern tech startup philosophy of “moving fast and breaking stuff.”. He soon began to invest in everything from ramen and hotpots to bottled beverages.