TechCrunch

FEBRUARY 10, 2021

Co-founder and CEO Kristy Kim came up with the concept for the company after being rejected multiple times for an auto loan while in her early 20s. Angel and individual investors also put money in the round, including: Backstage Capital founder Arlan Hamilton, ex-Venmo COO Michael Vaughan and James Kim, former head of finance at Tinder. .

incumbents

TechCrunch

DECEMBER 2, 2021

The Mexico-based startup closed the $15 million Series A round and $20 million debt financing after participating in Y Combinator’s Winter 2021 cohort. In Latin America, larger enterprises are underserved by incumbents, and Mendel is democratizing access to best-in-class software and payments,” he wrote via email.

incumbents

TechCrunch

MARCH 29, 2022

Founded in : 2021. Founders : Before beU delivery, Hao Zheng, who leads the team as chief executive, was the founder and CEO of Yooul, a social networking app in China. Founded in : 2021. Founders : Ahmed Ismail, a second-time founder who has worked for Goldman Sachs and Barclays, is the CEO. beU delivery.

startup

TechCrunch

JUNE 5, 2022

Affirm — which was founded by PayPal co-founder Max Levchin — has built technology that can underwrite individual transactions, and once determining a customer is eligible, it can offer them the option to pay on a biweekly or monthly basis. In February 2021, corporate spend startup Brex was the latest fintech to apply for a bank charter.

incumbents

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. The company will focus more on large enterprises next year, he added. .

incumbents

TechCrunch

NOVEMBER 16, 2022

After finding it, the three co-founders together built a service for managing passwords, API keys and digital certificates, which evolved into a fully fledged business — Akeyless — over the course of the next several years. If Akeyless’s co-founders have concerns, they didn’t show it.

incumbents

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. This represents a 350% YoY growth compared to 2021, wherein the number of deposits and loans disbursed amounted to $50 million (IDR 781 billion).

peer-to-peer

TechCrunch

DECEMBER 6, 2022

And on the incumbent side, Google’s competing for dominance with its tensor processing units (TPUs) while Amazon’s betting on Inferentia. NeuReality has been shipping prototypes to partners since May 2021, Tanach says. There’s Hailo , Mythic and Flex Logix , to name a few upstarts.

accelerator

TechCrunch

SEPTEMBER 26, 2022

Our Libra growth programme shines a light on founders and leaders from under-represented sections of society as does the latest Diversity & Inclusion toolkit we recently launched for tech founders to help them develop a more diverse workforce,” he said. We can’t hand the support to the tech ecosystem to an incumbent bank!

startup

TechCrunch

MAY 12, 2022

Since announcing its seed raise in May of 2021, AcuityMD claims that medtech hardware companies have identified more than 40,000 new opportunities using its software, which translates to over $2 billion worth of leads added to the sales pipeline. . “Instead we got 140 instruments in a surgical tray.

education

TechCrunch

JANUARY 25, 2021

4-year founder vesting is dead. For the fourth straight year, the publicly traded fintechs massively outperformed the incumbent financial services providers as well as every mainstream stock index. Jake Jolis is a partner at Matrix Partners and invests in seed and Series A technology companies including marketplaces and software.

incumbents

TechCrunch

JANUARY 29, 2021

Edtech needs to reach beyond underfunded public school systems to become more sustainable, which is why more investors and founders are focusing on lifelong learning. Jan Lynn-Matern , founder and partner, Emerge Education (a leading edtech seed fund in Europe with portfolio companies like Aula, Unibuddy and BibliU).

VC

TechCrunch

APRIL 9, 2021

Each story is based on an interview with a founder or investor who addressed some of the most common startup dilemmas. TechCrunch reporter Natasha Mascarenhas interviewed Kleiner Perkins partner Bucky Moore to get sector-agnostic advice for founders who are ready to raise a Series A. When should I hire a sales team?

board

TechCrunch

JANUARY 28, 2021

It puts startups in a difficult spot: if 2020 was about enabling video-based teaching, what might emerge from 2021? Jan Lynn-Matern , founder and partner, Emerge Education (a leading edtech seed fund in Europe with portfolio companies like Aula, Unibuddy, and BibliU) . Integration between different edtech apps?

education

TechCrunch

APRIL 20, 2022

I met Cruz Foam co-founder John Felts during the memorable Accelerator at Sea hosted by the Sustainable Ocean Alliance. We seek innovation from everywhere and we know sometimes the newest ideas don’t necessarily come from the incumbents in the industry.”

ecology

TechCrunch

JANUARY 16, 2021

Some people are more excited by emerging areas like artificial intelligence, which has been a focus of the country’s military for years, and like cybersecurity is now producing many fresh teams of founders. What are companies you are excited about (your portfolio or not), which founders?

startup

TechCrunch

APRIL 30, 2021

2021 should be a banner year for biotech startups that make smart choices early. As vaccines roll out, drug development pipelines return to normal, and next-generation therapies continue to hold investor interest, 2021 is on pace to be another blockbuster year. Founders who don’t properly vet VCs set up both parties for failure.

startup

TechCrunch

FEBRUARY 19, 2021

Here’s who we interviewed: Clara Brenner , co-founder and managing partner, Urban Innovation Fund. Rachel Holt , co-founder and general partner, Construct Capital. David Lawee , founder and general partner, CapitalG. Clara Brenner, co-founder and managing partner, Urban Innovation Fund. Dave Clark , partner, Expa.

transportation

TechCrunch

JANUARY 19, 2022

Today a startup that is building tools to help incumbent address this challenge is announcing a round of funding on the back of a lot of demand for its services. It has also been on a fundraising run, with this round adding up to $160 million raised since the start of 2021. That’s a common thing.”

incumbents

TechCrunch

SEPTEMBER 17, 2022

billion at the time of its last raise in 2021. I caught up with Colin Walsh, the company’s chief executive and founder, to get an update. CEO and founder Colin Walsh. In 2021, Varo’s gross revenue was $74 million. It has raised nearly $1 billion since its 2015 inception and was valued at $2.5 And if so, why?

incumbents

Y Combinator

DECEMBER 8, 2021

But the company will end 2021 with revenues close to 2x its pre-pandemic peak, in spite of continued low interest rates, reduced travel, and depressed pandemic spending. 2 Incumbent banks miss the mark in two crucial areas: The banking experience has not evolved to match modern consumer. This did not happen by magic. expectations.

peer-to-peer

TechCrunch

JULY 13, 2022

Corporated-backed programs provide an alternative — Booz Allen Ventures joins Lockheed Martin’s Lockheed Martin Ventures and HorizonX, which spun off from Boeing in August 2021. But even founders willing to ingratiate themselves with the defense industry are sometimes reluctant to accepting funding from corporate arms.

ventures

TechCrunch

JANUARY 11, 2022

In October 2021, Valve banned all blockchain-related games from its Steam platform. Beryl Li , co-founder, Yield Guild Games. Rajul Garg , founder and managing partner, Leo Capital. Incumbents tend to be more wary of adapting new business models and gaming is no different.

opportunity

TechCrunch

AUGUST 8, 2023

Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps. One of them was Singapore-based Endowus , which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.6 million in follow-on funding.

real estate

Andreessen Horowitz

FEBRUARY 29, 2024

Everyone knows that founders have been on a whipsaw over the past several years. Pivoting from growth at all costs in 2020 and 2021 to efficiency in 2022 and 2023 meant slashing budgets, shelving new projects, doing RIFs, and picking fights with your cloud provider over your bills. What should founders aim for in 2024?

incumbents

TechCrunch

NOVEMBER 22, 2021

Its digitally-native approach can save pet parents up to $750 a year on healthcare expenses, Zubin Bhettay, co-founder and CEO of Fuzzy, told TechCrunch. He expects 2021 revenue growth to be five times over 2020, while Fuzzy memberships, which start for free and then a monthly subscription of $24.99 Fuzzy live chat via its app.

capital

TechCrunch

APRIL 27, 2023

When Pinecone launched a vector database aimed at data scientists in 2021, it was probably ahead of its time. These kinds of numbers have been hard to come by in a conservative investment environment, but the company is growing fast and investors saw an opportunity to grab a market leader, says Pinecone CEO and founder Edo Liberty. “We

investing

TechCrunch

DECEMBER 15, 2021

“Access to good quality credit at the point and time of need is the single most important obstacle for Brazilians to achieve financial wellness, increase consumption and create wealth,” said Sandro Reiss, Open Co’s co-founder. It is a vicious cycle; delinquencies are high and interest rates even higher.

incumbents

TechCrunch

FEBRUARY 8, 2022

Thndr, launched in late 2020 by Ahmad Hammouda and Seif Amr , is filling the gap by making it easier to open and manage investment accounts, consequently replacing traditionally slow and outdated processes by incumbents. African tech took center stage in 2021. to $5B in 2021.

investing

American Entrepreneurship

FEBRUARY 16, 2023

Comun observed that no incumbent bank offers a full Spanish language banking experience. The bank was founded in 2021 by Abiel Gutierrez and Andres Santos who both faced financial exclusion when they migrated to the U.S. said Andres Santos, Co-Founder & CEO of Comun. Comun gained investor support of $4.5M

capital

TechCrunch

MARCH 4, 2022

Founded in September 2020, the New York-based company – which was previously named Unlock – said it uses data science to “ identify, underwrite and close transactions 10x faster than incumbents.” Canvas Ventures led the company’s seed round in late 2021, w ith participation from Montage Ventures, FJ Labs and Crosscut.

real estate

TechCrunch

APRIL 20, 2023

In other words, it wants to invest in early-stage fintech and enabling technology companies “where opportunities for early partnerships with financial incumbents exist.” Huang also acknowledges that in 2021, the trio stepped back from investing “because it was getting way too frothy.” Want more fintech news in your inbox? Sign up here.

ventures

TechCrunch

APRIL 20, 2022

When it comes to presentation creation, PowerPoint and Keynote remain the de facto tools by incumbent advantage. Besides Prezi, there’s Pitch , a deck creation suite from the founders of Wunderlist. But this hasn’t stopped startups from trying to disrupt the status quo.

consulting

TechCrunch

FEBRUARY 17, 2022

While incumbents have pioneered various enterprise resource planning (ERP) systems to digitize these processes, companies would still get four to five different software platforms to complete multiple tasks. CDG Invest, Y Combinator, Flexport, Swiss Founders Fund, Outlierz Ventures, and a few angel investors from the U.S.,

incumbents

TechCrunch

FEBRUARY 2, 2022

Other backers include Global Founders Capital and a number of high-profile angel investors, such as GGV Managing Partner Hans Tung, ALLVP Partner Antonia Rojas and LaHaus founders Jeronimo Uribe and Tomas Uribe, among others. And in January, fulfillment is up 20% compared to November of 2021.

enablement

TechCrunch

AUGUST 11, 2021

Joby Aviation (@jobyaviation) August 11, 2021. Joby’s merger with blank-check firm Reinvent, headed by LinkedIn co-founder Reid Hoffman, was announced in February. We have been working for over a decade to get our technology ready for market and are excited to take this moment to celebrate our achievements so far. The Future of Flight.

transportation

TechCrunch

MAY 19, 2022

I had a catastrophic relationship with incumbent banks.”. While Conrade declined to reveal hard revenue figures, he did share that Neon grew its revenue by 3x in 2021 and he expects that the company will at least more than double it this year. Moving forward, the founder is eager to tap into the tech talent in the U.S.

incumbents