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LMS365, a learning management system built into Microsoft 365 and Teams, raises $20M

TechCrunch

Embedding a learning management system directly into workers’ core everyday tools is one of LMS365’s core selling points versus incumbents in the LMS space such as Workday , Eloomi , or TalentLMS. “Our primary markets (around 80%) are services industry, logistics, manufacturing, automotive, health care and government.”

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Most fintechs partner with banks; Varo became one, and says it’s paying off

TechCrunch

For me, there was a huge opportunity in a space that the incumbents were not able to capture because a lot of it is the economics of their model and misaligned incentives.The world continues to unfortunately be made up of haves and have nots….There TC: Was it worth it for you to get a charter as a company? And if so, why?

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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. We’re solving that problem for businesses at an inflection point in the industry,” Wilson said. .

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6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

TechCrunch

And according to David Wechsler, a principal at OMERS Ventures, “having an embedded strategy is not required for venture funding.” Apple is reportedly launching health insurance in 2024, for which it may leverage data from its other offerings. Who owns health data? The Apple watch, not insurers.

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Greece’s Viva Wallet raises $80M for its neobank targeting small business merchants

TechCrunch

Challenger banks continue to make significant waves in the world of finance, with smaller outfits luring customers away from incumbents by providing an easier way for them to not only engage with basic banking services, but to tap into a wave of technology that brings more personalization and often better deals into the equation. billion ($1.8

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Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools

TechCrunch

Businesses today feel, more than ever, the imperative to have flexible e-commerce strategies in place, able to connect with would-be customers wherever they might be. Traditional offline vendors are increasingly rethinking their digital commerce strategy, more so given what we are living through, and that further acts as a market accelerant.

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Novo, the SMB neobank, nabs $90M at a $700M valuation

TechCrunch

But Novo sees incumbents as the real “challenger” here. The company has seen truly accelerated growth in the last year, and specifically the last six months, both in terms of customer numbers and in terms of how much its app is getting used. “We are competing against big banks. Despite being the heart of the U.S.