TechCrunch

AUGUST 15, 2022

In late 2020, the company had raised $25 million in Series B funding on a $305 million valuation. The environment we’re working in has changed quite a bit,” he added. Even with all of that growth, the company is monitoring its cash burn rate in this new economic environment.

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TechCrunch

NOVEMBER 30, 2022

“In today’s economic environment, Teampay’s software-led approach has proven resilient — as we saw in late 2020 to 2021, when the economy rebounds, Teampay benefits disproportionately through accelerated growth … We increased our debt facility for additional flexibility in uncertain times.”

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StartupNation

JANUARY 12, 2022

The COVID-19 pandemic has imposed unforeseen challenges on entrepreneurs and further accelerated a shift to digital ways of working. To stay competitive in the new economic environment, small businesses must be agile and adapt to shifting consumer preferences.

peer-to-peer 117

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TechCrunch

FEBRUARY 27, 2023

It requires accelerators and incubators and coworking spaces to help nurture early ideas, and it needs VC firms investing across stages. Image Credits: Pitchbook Boston had a steady investment growth trajectory until it dropped off (like everyone else) in 2022 as investment overall slowed in an uncertain economic environment.

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TechCrunch

AUGUST 11, 2022

The early innings of the pandemic netted edtech massive investments of more than $10 billion in venture capital investment globally in 2020 and $20 billion in 2021. The pandemic has not necessarily changed our thesis but has accelerated many of its underlying trends. Ashley Bittner and Kate Ballinger, Firework Ventures.

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TechCrunch

FEBRUARY 6, 2023

Schulman added: “Over the past year, we made significant progress in strengthening and reshaping our company to address the challenging macro-economic environment…While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do.

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TechCrunch

OCTOBER 31, 2022

By going the debt route, Icertis avoids having to answer the tricky question of valuation in an especially challenging economic environment. The early adoption metrics certainly have been promising, with one recent Bloomberg Law survey showing that more than half of in-house lawyers were using contract management programs in 2020.

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