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Celonis secures another $1B to find and fix process problems in enterprise systems

TechCrunch

Lest there be any doubt some startups are riding high even amid the macroeconomic uncertainty, process mining software vendor Celonis today announced that it secured a whopping $1 billion in additional capital at a $13 billion post-money valuation, a mix of equity ($400 million) and debt (a five-year $600 million credit line).

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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. million in debt) Series B led by Fin Venture Capital with participation from Mastercard, Proof Ventures, Trestle and Espresso Capital, bringing Teampay’s total raised to $65 million. . million in equity, $11.75

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

TechCrunch

Gorgias , developing customer service tools for e-commerce companies, raised $30 million in new Series C capital in a round that boosted its valuation to $710 million. Even with all of that growth, the company is monitoring its cash burn rate in this new economic environment.

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Three Learnings for Startups after Big Tech’s Q3 Earnings Beatdown

Entrepreneur's Handbook

Let me elaborate on that a bit; as an investor, I’m less enthused by companies looking to raise capital to generate more demand before having some market validation. You need to plan to achieve your targets COVID and a low cost of capital were a tailwind for more technology businesses than we realized. and then budget accordingly.

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

StartupNation

In 2021, we also established a partnership between Verizon’s Pro Bono Program and the Metro Detroit Black Business Alliance ’s Capital Connect Program. The COVID-19 pandemic has imposed unforeseen challenges on entrepreneurs and further accelerated a shift to digital ways of working.

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

TechCrunch

The companies that took their first venture capital during the craze decided to join forces with other well-capitalized competitors. Jomayra Herrera , partner, Reach Capital. The tone also felt balanced: Many admitted that things have changed, but opportunity continues to exist. But the sector is now facing a downturn.

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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

This is Part 2 of a two-part examination of the state of the startup capital market during the past two years. This transformation has already led to an increased number of startup failures, a growing venture capital reset2 and 210,000 tech sector layoffs since the start of 2022. 2 A (temporary) venture capital reset?

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