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Marco Financial raises $82M in debt, equity seed round to support small Latin American exporters

TechCrunch

It’s a gap Marco Financial is looking to bridge through its tech-enabled risk assessment platform that can provide better insight on who should receive loans. Marco’s factoring product enables new companies to get started without having to put up the significant amount of collateral that banks are asking.

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Make no bones about it, Fuzzy expands reach into pet care market with capital infusion

TechCrunch

Sales in this area topped $100 billion in 2020 , driven by the 48 million dogs and cats that were adopted over the past three years. The big story in 2020 was that everyone needed telehealth services for themselves, and we saw that transfer to pets and then exacerbated by the industry,” he added. Pets are big business.

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ManageXR grabs $4 million seed round to scale XR business 

TechCrunch

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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Magical makes $35M appear to move data between webpages

TechCrunch

There’s evidence to support this. And a number of smaller players including Signavio , Intellibot , and Servicetrace were snatched up by incumbent tech firms. Like all founders, I wore many hats including sales, recruiting, and customer support,” Sambhi told TechCrunch in an email interview.

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Akeyless secures a cash infusion to help companies manage their passwords, certificates and keys

TechCrunch

Today, Akeyless is thriving, Angel tells me — despite fierce competition from incumbents like Hashicorp Vault, AWS Secrets Manager and Google Cloud’s Secret Manager. billion in 2020. Akeyless has customers across the retail, fintech, insurance and gaming sectors, among others, including Wix and Outbrain.

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These Y Combinator-backed startups are trying to build ‘ChatGPT for X’

TechCrunch

Yuma’s platform provides ChatGPT-like AI systems that integrate with help desk software, suggesting drafts of replies to customer tickets that are both “relevant and customized to the support agents” (in theory). “ But they all have one thing in common: they all hate customer support.

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So much fintech M&A

TechCrunch

I’ve been writing about Human Interest since March 2020, covering each of its funding rounds since then ( here , here and here ), and following its impressive growth. Vouch hopes to leverage Level’s expertise in developing underwriting technologies to underwrite and support complex insurance products. billion, had cut 10% of its staff.