article thumbnail

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. Since its founding in 2015 by David Nothacker, Julius Köhler and Nicolaus Schefenacker, the company has grown to 800 employees and seven international offices.

article thumbnail

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

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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.

startup 93
article thumbnail

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

TechCrunch

Noteworthy, Gophr’s co-founder and CEO, Seb Robert, tells me the 2015-founded company reached monthly net profitability around 3 years ago and was net profitable for the whole of last year. I don’t see how the incumbent U.K. Meanwhile, Robert is not phased by last week’s Uber ruling that saw U.K.

article thumbnail

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 ” .

article thumbnail

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.