TechCrunch

NOVEMBER 16, 2022

Back in 2018, Refael Angel, a former security software engineer at Intuit, had an idea for a new approach to protect encryption keys — the random string of bits created to scramble and unscramble data — on the cloud. If Akeyless’s co-founders have concerns, they didn’t show it.

incumbents

AsiaTechDaily

JANUARY 19, 2023

Lieviant said he is very optimistic that the collaboration between fintech and incumbent banks, including rural banks, will create a very strong synergy. Willson Cuaca, Co-Founder and Managing Partner of East Ventures, said that as an early supporter of Komunal, they have witnessed the company’s growth and many achievements.

peer-to-peer

TechCrunch

SEPTEMBER 26, 2022

Tech City UK, its predecessor, was launched in 2011 by former prime minister David Cameron and concentrated largely on the London ecosystem until 2018 when it merged with Tech North (based in Manchester). We can’t hand the support to the tech ecosystem to an incumbent bank! Tech Nation has long been embedded in the U.K. and abroad.

startup

TechCrunch

JANUARY 16, 2021

Some people are more excited by emerging areas like artificial intelligence, which has been a focus of the country’s military for years, and like cybersecurity is now producing many fresh teams of founders. What are companies you are excited about (your portfolio or not), which founders?

startup

TechCrunch

AUGUST 23, 2022

After inking deals with Amazon and Walmart, the Quidsi and Jet.com co-founder aims to launch a “more equitable” city in the desert. At Disrupt, co-founders Carolyn Childers and Lindsay Kaplan will speak to the milestone, the challenges in between and if exclusivity can disrupt community. with Marc Lore (Wonder Group).

disruption

Andreessen Horowitz

MARCH 13, 2024

And then there was actually one guy who…actually, his name is, I think, Alec Radford, and he literally was like off in the corner at OpenAI, like, working on this in 2018, 2019. They started to do something different. And then it, basically, you know, was this revolution building on work that had been done at Google.

energy

TechCrunch

OCTOBER 21, 2020

Of course, startups often manage to find a way to take down incumbents and a distraction for Carta, at least, in the form of a very public gender discrimination lawsuit by a former VP of marketing, could be the kind of opening that Pulley needs. YW: I left Microsoft in 2018 and started Pulley a year later. Carta was just valued at $1.7

founder

TechCrunch

SEPTEMBER 7, 2021

Four big-name backers jointly led the round — Sequoia Heritage, a private investment fund and a subsidiary of Sequoia; Founders Fund; payments upstart Stripe; and Ribbit Capital. ” In 2018, the product was piloted as Wave in Senegal but it was still within the Sendwave ecosystem. ” Going up against incumbents. .

investing

Hunter Walk

MAY 17, 2024

It’s also not an accident that, upon stepping back from being Textio’s CEO, I’ve built a sizable exec coaching practice working largely with early stage founders. Are there specific paths/opportunities in AI that you believe startups are actually better qualified to take advantage of than incumbents? Why does this happen?

founder

TechCrunch

MARCH 2, 2021

Crisp , an Amsterdam-based, online-only supermarket focused on fresh produce, has raised €30 million in a Series B financing led by leading Target Global and joined by Keen Venture Partners and the co-founders of Adyen and Takeaway.com. Crisp has now raised a total of €42.5 million to date.

incumbents

Y Combinator

DECEMBER 8, 2021

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. In 2015, Monzo founders Tom Blomfield, Jonas Templestein, Gary Dolman, Jason Bates, and Paul Rippon launched a digital finance platform with the slogan “Make Money Work For Everyone.” expectations. Their profit models.

peer-to-peer

TechCrunch

MARCH 28, 2022

Founder and CEO Aly Mahmoud started Eksab in 2018. Mahmoud, who worked at a startup incubator in Canada while he got the idea for Eksab, said he built the platform with inspiration from incumbents such as Dream 11 , DraftKings and FanDuel as well as newer startups infusing web3 into the world of fantasy sports like Sorare.

incumbents

TechCrunch

APRIL 4, 2023

Interestingly, Yuma “got started by accident,” according to founder Guillaume Luccisano. “Baselit is [an] AI copilot for analytics,” co-founder Shubham Rana writes in the blog post announcing Baselit. Plus, while RPA VC funding has fallen from the heights it hit in 2018, it remains a large tranche.

startup

TechCrunch

AUGUST 7, 2022

billion, “the largest percentage drop since Q3 2018.” ” Also in the report: “Exits have also stalled as IPO activity grinds to a halt, and analysts expect fintech startups will attract the attention of incumbents looking for M&A opportunities.” from the previous quarter” to $24.1 And elsewhere.

real estate

TechCrunch

OCTOBER 5, 2022

Europe is perhaps an obvious first step for Neeva’s inaugural expansion plans, owing to the slew of antitrust complaints currently faced by the mighty incumbent Google, with legislators targeting everything from e-commerce (Google Shopping) and Android to its dominance of the online ad market. France and Germany. ” Privacy push.

mix-use

Y Combinator

DECEMBER 8, 2021

2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer expectations. In 2015, Monzo founders Tom Blomfield, Jonas Templestein, Gary Dolman, Jason Bates, and Paul Rippon launched a digital finance platform with the slogan “Make Money Work For Everyone.”

peer-to-peer

Tomasz Tunguz

DECEMBER 18, 2019

Software M&A in 2019 reached about $170B up from $136B in 2018, up 25%. And incumbents desire as much of that as possible for themselves. In it, 65% of founders believe the fundraising market in 2020 will present more challenges than 2019. The M&A market continues to surge. Fundraising environment remains strong.

incumbents

TechCrunch

APRIL 3, 2022

It’s another example of an incumbent recognizing that it makes more sense to buy a company that has developed technology that it wants rather than building it out itself – a process that would take far longer and require more resources than a simple acquisition would. “We In Q2 of 2000, that number dipped slightly to 46.

startup

TechCrunch

FEBRUARY 23, 2021

The round was led by Lakestar, with past investors Accel (which led its $8 million Series A in 2018 ) and Cherry Ventures also participating. However, it does point to an opportunity for incumbents to disrupt their disruptors. Christian Reber has also invested in this round.

disruption

TechCrunch

FEBRUARY 17, 2022

But China and the United States are far from the only technology markets with developed startup and incumbent cohorts, strong venture capital activity, and capital markets able to translate early-stage ideas into public companies. China issue. Rising totals. To start, a few caveats.

venture capital

TechCrunch

JUNE 14, 2021

According to an HBS case study , “in December 2018 the interest rate in Brazil for corporate loans was 52.3%, for consumer loans it was 120.0% Brazil’s banking system is a massive market, and one ill-served by incumbents. and for credit card indebtedness it was 272.42%.”

incumbents

TechCrunch

JANUARY 30, 2022

CEO and co-founder Sam Shawki told me in October that he believed his startup “will be the dominant party on the Android side, which is 85% of the universe.”. Esusu co-founders and co-CEOs Nigerian-born American Abbey Wemimo and Indian American Samir Goel come from immigrant homes and say they experienced firsthand financial exclusion.

incumbents

Y Combinator

AUGUST 30, 2021

In the long run, software platforms have the potential to be much larger than traditional incumbents. When Gusto founders Josh, Tomer, and Eddie came together in 2011, they saw an unmet need in small business payroll. Incumbents relied primarily on sales teams, which Gusto suspected actually limited their reach among SMBs.

incumbents

TechCrunch

MAY 26, 2021

Drug discovery is a large and growing field, encompassing both ambitious startups and billion-dollar Big Pharma incumbents. The focus on gene interactions sets their approach apart, said co-founder and CEO Jeffrey Lu. The company is focused on anti-cancer drugs but is looking into other fields as they become viable.

incumbents

TechCrunch

MARCH 2, 2021

The rather stealthy company was founded in late 2020 by Oliver Merkel (former Bain & Company partner who led the firm’s retail practice in Germany), Christoph Cordes (former co-CEO of home24 which IPO’d in 2018), and Julian Dames (former co-founder of Foodora, CMO at foodpanda and VP at Delivery Hero, and most recently at Softbank).

startup

propel(x)

FEBRUARY 4, 2022

Due diligence on a startup can be divided into the following two components: Industry due diligence , which refers to the big picture and involves understanding the industry, who are the incumbent players in the market, who are the competitors, what competitive advantage the startup has, what their chances of success might be, and similar research.

investing

TechCrunch

MAY 3, 2023

CEO and founder Nitin Jayakrishnan says that the new capital will be put toward expanding Pando’s global sales, marketing and delivery capabilities. This, along with the platform’s emphasis on no-code capabilities, differentiates Pando from incumbents like SAP, Oracle, Blue Yonder and E2Open, Jayakrishnan asserts.

investing

TechCrunch

JUNE 23, 2021

In fact, Galileo founder Clay Wilkes introduced the VC firm to Dan Snyder, Lower’s founder and CEO. Sitting (L to R): Co-founders Dan Snyder, Grayson Hanes Standing (L to R): Co-founders Mike Baynes, Chris Miller Not pictured: Robert Tyson; Image credit: Lower.

financing

TechCrunch

NOVEMBER 11, 2021

With the global insurtech market worth over $5 trillion, there are different opportunities to be tapped despite the presence of large incumbents. Jonathan Stewart joined as a co-founder leading sales and partnerships in 2018. In Africa, one startup is carving a niche for itself.

incumbents

TechCrunch

SEPTEMBER 7, 2022

Misfits Market is acquiring Imperfect Foods in an all-stock deal, Misfits Market founder and CEO Abhi Ramesh told TechCrunch. Both online grocery platforms, Misfits Market raised nearly $530 million since being founded in 2018, most recently a $200 million Series C round in 2021 that put its valuation at over $1 billion.

incumbents

TechCrunch

NOVEMBER 2, 2020

Marshmallow first came out of the wild in 2018 with a product targeted initially at expats. Car insurance typically requires an insurer to understand a person’s driving ability, driving history and current lifestyle before they can offer them an accurate price,” Oliver Kent-Braham, the co-founder and CEO, said to TechCrunch at the time.

incumbents

TechCrunch

JANUARY 31, 2023

Founder Sachin Nayyar, who returned to Saviynt as CEO this week alongside newly-appointed president Paul Zolfaghari, said that the loan will be put toward expanding Saviynt’s platform, acquiring customers and growing the company’s partner ecosystem. billion in venture dollars went into the identity management sector in 2021, up 2.5x

incumbents

TechCrunch

APRIL 27, 2022

Index led its Series C in 2020 ; Valar led a round in 2018 ). That’s a sign of how there is not just incumbent marketshare to take away, but new users popping up all the time. This is a major round for the startup: Taxfix has raised around $330 million since being founded in 2016. Turbotax, Intuit’s big product in the U.S.

incumbents

TechCrunch

MARCH 28, 2022

CEO Matt Bahr and Curt Hasselschwert got the idea for the company in 2018 while helping e-commerce brands solve marketing attribution through “how did you hear about us?” questions after the customer made a purchase. As Bahr described it, EnquireLabs is uncoupling questions from each other so they can be asked over time, post-purchase.

peer-to-peer

TechCrunch

FEBRUARY 13, 2023

Founded in 2018 to provide working capital loans for small to medium-sized businesses, Aspire began offering more services, including bank accounts for cross-border businesses, corporate cards, payable and receivable management and automated invoice processing connected to financial management software.

incumbents

TechCrunch

APRIL 4, 2023

But Perplexity is betting heavily on its AI tech to set it apart from the incumbents. But Perplexity’s founders claim that their tech performs better, overall, when it comes to accuracy. The fresh tranche comes as Perplexity reports that it had 10 million monthly visits and 2 million unique visitors in February alone.

incumbents

TechCrunch

APRIL 26, 2022

Loris was launched in 2018 by Nancy Lublin, the former CEO of nonprofit social advocacy group Do Something and the founder of the Crisis Text Line, a suicide prevention organization. Call center service provider incumbents like Dialpad offer sentiment analysis features, as well, as do companies including Cogito , Saygent and SugarCRM.

incumbents