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

TechCrunch

Today, Teampay has hundreds of customers and significant venture capital financing behind it. “Enterprises crave control and visibility over the finances, and this not only helps the IT department, but [also] enables all departments to make better aligned business decisions,” he added. billion in 2021. This year, $1.6

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Q&A: How Verizon Small Business Digital Ready Can Help You

StartupNation

In 2021, we extended a grant to Grand Valley State University’s Veterans Entrepreneurship Lab. In 2021, we also established a partnership between Verizon’s Pro Bono Program and the Metro Detroit Black Business Alliance ’s Capital Connect Program. Veterans and/or military spouses work on their business launch over a three-month period.

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

TechCrunch

I would say the past few years have been more of an anomaly, and we are getting back to a more sustainable pace. 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. Ashley Bittner and Kate Ballinger, Firework Ventures.

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Nigerian B2B e-commerce startup Alerzo cuts 15% of full-time staff in second round of layoffs

TechCrunch

According to the company’s spokesperson, Alerzo was breakeven in Q3 2021, before the company, present in just Ibadan and Lagos at the time, undertook major expansion and overhired nationwide, buoyed by its $10 million+ Series A financing round. Alerzo raises $10.5M Alerzo raises $10.5M

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The Equity Seller’s Bubble of 2021 Part 2 • 2022 From a Startup Equity Seller’s to an Equity Buyer’s Market

Angel Capital Association

For Part 1 on The Equity Seller’s Bubble of 2021, click here to access the ACA Data Insights Archive. FIGURE 10: US TECH LAYOFFS SINCE 1/1/2022 Source: layoffs.fyi Global venture investing fell 35% between 2021 and 2022. The decline was especially steep during the second half of the year as economic deterioration worsened.

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