Remove 2020 Remove economic environments Remove innovation
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Q&A: How Verizon Small Business Digital Ready Can Help You

StartupNation

To stay competitive in the new economic environment, small businesses must be agile and adapt to shifting consumer preferences. To stay competitive in the new economic environment, small businesses must be agile and adapt to shifting consumer preferences.

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Spend management platform Teampay expands partnership with Mastercard, raises $47M

TechCrunch

“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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Soci raises $120M in debt and equity to grow its marketing management platform

TechCrunch

According to a survey by marketing startup Uberall, there was a more than 11% increase in customer engagement with local businesses in 2020 versus 2019 and more than 35% increase in conversions via websites and phone calls during the same time frame. One of the ways Soci helps to wrangle these pages and channels is through AI, Khoury claims.

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7 investors discuss why edtech startups must go back to basics to survive

TechCrunch

But that’s all I’m giving away now; read the entire survey to see where investors are finding hope, what is no longer venture-backable and what wave of edtech innovation they think we’re in today. This move toward extension rounds illustrates a level-setting of expectations from founders around fundraising in the current economic environment.

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Boston offers a world of advantages for startup founders

TechCrunch

5 investors discuss Boston’s resilient tech ecosystem Boston’s university-to-startup pipeline defies downturn to grow and diversify In order to build a startup culture, a city or region needs some key elements in place – like an innovation engine to drive startup ideas. It also has a long history of innovation and a rich tech legacy.

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Gorgias’ valuation rises to $710M with $30M Series C for e-commerce customer support

TechCrunch

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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Cyber firm Arctic Wolf raises $401M in debt, eyeing a potential IPO

TechCrunch

This week, Crunchbase further noted that while cyber startups saw more funding in H2 than all of 2020 ($8.9 “In a turbulent economic environment, security will remain a top priority for companies. . “In a turbulent economic environment, security will remain a top priority for companies.