Y Combinator

DECEMBER 8, 2021

Scaling a startup is hard. Scaling a startup bank is even harder. In April 2020, British banking startup Monzo’s revenue fell by almost 50%. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. expectations.

peer-to-peer 102

peer-to-peer incumbents finance financing 102

TechCrunch

JUNE 16, 2021

As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals is announcing a significant round of growth funding. ” Customers that have integrated with Tractable to date include Geico in the U.S.,

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incumbents opportunity technology board 115

TechCrunch

MAY 5, 2022

million (CAN $299 million) since its 2019 inception, and values the company at over $784.8 Maple VC’s Andre Charoo told TechCrunch that the startup has returned (unrealized) one-third of the firm’s second fund so far. Canadian digital bank Neo Financial has raised $145.2

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TechCrunch

MARCH 21, 2022

When much of the shopping shifted online during the global pandemic, startups developing software and other products to aid the transition began to garner attention from venture capital firms. The CEO is Guru Hariharan, who you might remember from retail analytics company Boomerang Commerce , a Startup Battlefield finalist in 2014.

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capital startup enablement incumbents 89

Hunter Walk

MAY 17, 2024

Hunter Walk: Textio , the startup you founded and CEO’ed until a few months ago, is almost 10 years old. A recent essay covered the ‘AI gold rush’ and as it related to startups operating in this area, very much ‘caution ahead’ in terms of building a sustainable, differentiated business. As I see it, startups have two major advantages.

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TechCrunch

JUNE 21, 2021

And if you want to build one in a sector crowded by both incumbent companies and richly funded startups, it can be super expensive. The Exchange explores startups, markets and money. Here are the big numbers: 57% revenue growth from £166 million in 2019 to £261 million in 2020. — Alex.

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TechCrunch

MAY 3, 2023

Signaling that investments in the supply chain sector remain robust, Pando , a startup developing fulfillment management technologies, today announced that it raised $30 million in a Series B round, bringing its total raised to $45 million. billion in 2019. The digital logistics market is estimated to climb to $46.5

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TechCrunch

MARCH 29, 2022

Y Combinator’s latest batch — W22 — features 414 startups from 42 countries, representing more than 80 sectors. India, with 32 startups, is the second-largest demographic represented in the new batch, while Nigeria is third, having delivered 18 startups. As usual, the U.S. has the most representation. beU delivery.

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TechCrunch

FEBRUARY 10, 2021

That’s the problem that startup TomoCredit is trying to solve. So she teamed up with Dmitry Kashlev, a Russian immigrant, in January of 2019 to create a solution for other foreign-born individuals and young adults facing similar credit challenges. It’s difficult to get credit if you don’t have credit. Kim, who immigrated to the U.S.

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TechCrunch

FEBRUARY 10, 2021

As it stands, 2006-founded Northmill is available in Sweden, Norway and Finland, where it competes with incumbent banks with physical branches and the likes of Lunar, Revolut and Klarna (which operates as a bank in its home country of Sweden, and Germany). Next stop, Norway. Making sense of Klarna.

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TechCrunch

DECEMBER 16, 2021

With the latest funding, ManageXR will support its expanding team and go-to-market strategy as the company has experienced rapid growth since becoming available to beta users in November 2019 and officially launching in April 2021. Los Angeles-based Talespin nabs $15 million for its extended reality-based workforce training tools.

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incumbents hospitality collaboration enablement 87

TechCrunch

JANUARY 14, 2021

For three Palantir alums, the hope is that CFOs will turn to their new startup called Mosaic. The company was founded in April 2019 by Bijan Moallemi, Brian Campbell and Joe Garafalo, who worked together at Palantir in the company’s finance team for more than 15 years collectively. Screenshot of Mosaic’s planning function.

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finance financing incumbents consulting 98

TechCrunch

MAY 11, 2021

T he startup uses blockchain with the aim of creating a richer network effect of data that allows credit bureaus and others to predict the creditworthiness of people who are not in the traditional credit bureau system. Coinbase’s direct listing alters the landscape for fintech and crypto startups. Spring Labs is one of them.

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collaboration incumbents networking disruption 95

TechCrunch

AUGUST 24, 2021

This is a large Series B by any standards, but particularly so for a Latin American startup. The startup has now raised a total of $152.7 million since its 2019 inception. Today, the startup has more than 120,000 customers. It’s also notable that São Paulo-based Cora only raised its $26.7

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TechCrunch

OCTOBER 26, 2022

Having noticed tailwinds for the wave of B2B startups that offer cloud cost-optimization solutions, and cloud management more broadly, we were curious to know where VCs thought the space was headed — and the answers we heard show promise. Microsoft in 2017 acquired Cloudyn [ … ].

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TechCrunch

DECEMBER 15, 2022

Fashion startup Virgio, co-founded by Amar Nagaram, former chief executive of Myntra, has raised $37 million in a new financing round as the young firm looks to build “a global fashion brand” from the South Asian market. The startup’s approach has prompted some to draw comparisons between its model with that of the behemoth Shein.

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startup incumbents media financing 76

TechCrunch

SEPTEMBER 1, 2022

And even though investment activity decreased this year, it still remains well above where it was in 2019 and 2020. Infrastructure providers can help connect fintech companies with incumbent banks so that they can both reap the benefits of the interest rate environment.

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TechCrunch

AUGUST 30, 2021

billion (up from $1 billion in its previous fundraise in 2019), sources told TechCrunch, requesting anonymity as the matter is private. Incumbents, despite all their resources have launched products which appear as another variant of an ICE product and lack the punch. billion to $3.5

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peer-to-peer incumbents accelerator finance 99

TechCrunch

JUNE 9, 2022

Mexico City-based digital bank Klar has raised $70 million in equity funding at a valuation of $500 million, the startup announced today. In total, the company has raised over $150 million in equity funding since its 2019 inception. For example, the startup claims that users can open an account online “in five minutes” through its app.

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TechCrunch

NOVEMBER 15, 2022

Descript , the audio and video editing platform founded in 2017 by former Groupon CEO Andrew Mason, has raised $50 million in a Series C round led by the OpenAI Startup Fund, a tranche through which OpenAI and its partners, including Microsoft, are investing in early-stage companies.

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media incumbents creativity energy 94

TechCrunch

FEBRUARY 4, 2021

Today, one of the startups that has seen a lift in its business as a result of that is announcing a round of funding to expand its operations. Notably, this is the second round of funding for the startup in the space of six months, after it picked up $20 million in a Series B last June. Weber acquires smart cooking startup June.

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incumbents incubation enablement capital 111

Haystack

DECEMBER 26, 2018

Much of this can trickle down into the startup ecosystem. Maybe it will be 2019, or 2020 — or even 2021. On top of this, the cost of bringing projects online has fallen, it’s become more fashionable to play the startup game, and so forth. I am expecting a downturn at some point. Dreams can be fueled here.

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opportunity incumbents VC culture 76

TechCrunch

AUGUST 29, 2022

However, it differentiated itself by committing to payments on social media platforms, which Nigerian digital bank Carbon was interested in when it acquired the startup in 2019. At the time, the startup’s co-founder and CEO, Segun Adeyemi , said that he was taking a break and would “likely start another company” later.

startup 93

startup incumbents financing finance 93

TechCrunch

JULY 14, 2021

The startup, which is out to give brands and tech companies a way to launch custom co-branded credit cards, has raised $40 million in a Series B funding round led by Activant Capital. The financing brings the two-year-old company’s total raised since its 2019 inception to $50 million.

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incumbents financing finance innovation 95

TechCrunch

JULY 19, 2021

Though he began in 2017, Adams, who has a background in sports technology, said he spent a few years working on prototypes before launching the first products in 2019. The company estimates it helped keep more than 2,000 pounds of food from being wasted and saved 250,000 gallons of water since launching in 2019.

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TechCrunch

APRIL 28, 2021

Challenger banks continue to make significant waves in the world of finance, with smaller outfits luring customers away from incumbents by providing an easier way for them to not only engage with basic banking services, but to tap into a wave of technology that brings more personalization and often better deals into the equation. billion ($1.8

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TechCrunch

JANUARY 26, 2022

Israeli startup Firebolt has been taking on Google’s BigQuery, Snowflake and others with a cloud data warehouse solution that it claims can run analytics on large datasets cheaper and faster than its competitors. billion valuation. “We rarely see people not liking Snowflake. In a room, they will never say we want to replace it.

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startup incumbents capital ventures 87

TechCrunch

DECEMBER 6, 2022

A number of vendors — both startups and well-established players — are actively developing and selling access to AI inferencing chips. And on the incumbent side, Google’s competing for dominance with its tensor processing units (TPUs) while Amazon’s betting on Inferentia. .

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TechCrunch

JUNE 5, 2022

It processes hundreds of billions of dollars each year for “every size of business — from startups to Fortune 500s.” But it is illustrative of the measures that financial services companies — incumbents and fintechs alike — are taking to make their installment loans available to more consumers. Perhaps it dodged a bullet?

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TechCrunch

OCTOBER 19, 2021

But along with that, we have also seen a related surge in funding into companies that provide the infrastructure that financial institutions — incumbents and fintechs alike — need in order to operate faster and more competitively. Why global investors are flocking to back Latin American startups. “We Image Credits: Pismo.

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incumbents financing finance technology 96

TechCrunch

MARCH 27, 2022

I’ll be publishing this every Sunday, so in between posts, be sure to listen to the Equity podcast and hear Alex Wilhelm , Natasha Mascarenhas and me riff on all things startups! Unfortunately, as with most private companies, neither startup will share hard revenue figures. But they do at least provide some metrics.

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ventures technology startup real estate 96

TechCrunch

AUGUST 17, 2022

The Israeli startup provides software-based internet routing solutions to service providers to run them as virtualized services over “ white box ” generic architecture, and today it is announcing $262 million in equity funding to continue expanding its technology, its geographical footprint, and its business development.

networking 77

networking peer-to-peer incumbents innovation 77

TechCrunch

JULY 13, 2021

They started Marco in 2019 and now have offices in New York, Dallas and across Latin America. Startups are transforming global trade in the COVID-19 era. By innovating the underwriting process, we can come to better conclusions and be the trade finance-as-a-service provider to clients in emerging markets.”.

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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. He was also Exeucitive Director – Head of the Banking Service, Licensing, and Treasury Operation Department at the Bank Indonesia from 2019 to 2022.

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peer-to-peer incumbents accelerator economic growth 75

TechCrunch

NOVEMBER 16, 2022

Today, Akeyless is thriving, Angel tells me — despite fierce competition from incumbents like Hashicorp Vault, AWS Secrets Manager and Google Cloud’s Secret Manager. Akeyless’s co-founders attribute the startup’s success in part to the comprehensiveness of its product offerings. billion in 2020.

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incumbents development capital venture capital 86

Andreessen Horowitz

AUGUST 30, 2023

There are really three investable opportunities in the category of “known knowns”: Sell software to incumbents Compete with incumbents, with generative AI at the core Buy incumbents and remake them with AI—what a “generative AI” KKR would be doing Think about Rocket Mortgage, with thousands of mortgage brokers and 2022 net revenues of $5.8

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opportunity incumbents financing finance 91

TechCrunch

MAY 11, 2022

Recurring revenue as an asset class is a relatively new concept, and made more popular by startups such as Pipe , which has built a marketplace connecting investors to companies with businesses that have predictable, recurring revenues. In 2019, Barclays Bank and Bold Capital Partners co-led a $5.5 million. . “A

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finance financing funders SaaS 98