Remove capital Remove disruption Remove founder Remove incumbents
article thumbnail

Venture capital funding may have slowed, but VC firms have no problems raising new funds

TechCrunch

As the market swoons, venture capital firms continue to announce new funds. With a large population, Pakistan is geographically smaller, well-connected with fewer provinces, has lower regulatory barriers and doesn’t have strong incumbents,” Khurshid, who is originally from Pakistan, said via email. It’s been a busy day for new funds.

article thumbnail

Sylndr, an online used-car retailer, raises $12.6M pre-seed to disrupt Egypt’s automotive market

TechCrunch

Recently, there’s been rapid digitization of this market , with several startups upending incumbents such as classifieds and hoping to define the new era of used-car-sale platforms. Saudi-based early-stage venture capital firm RAED Ventures led the round. Some include U.K.’s That’s the core problem that we’re trying to solve.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

TechCrunch

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. In addition, 25% of the capital was raised from underrepresented communities, Bhettay said. Fuzzy live chat via its app. Image Credits: Fuzzy.

capital 98
article thumbnail

Extra Crunch roundup: Edtech VC survey, 5 founder mistakes, fintech liquidity, more

TechCrunch

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. John Danner , managing partner, Dunce Capital (an edtech and future of work fund with portfolio companies Lambda School and Outschool).

VC 107
article thumbnail

Debt versus equity: When do non-traditional funding strategies make sense?

TechCrunch

David Friend is a serial entrepreneur, six-time founder, and the current co-founder and CEO of cloud storage company, Wasabi Technologies. Even if you’re growing quickly, not all founders want to set a valuation for their company. People tend to think that category creation is less risky than incumbent disruption.

article thumbnail

What To Do When Your Competitor Gets Funded?

Both Sides of the Table

announced they raised $9 million from Sequoia , arguably the best venture capital firm that exists. For starters – the co-founder of Clutter.io, Ari Mir, is a friend and 6 years ago I backed the first startup he co-founded with Ophir Tanz , GumGum. ” In summary: The competitors are the incumbents. Congratulations.

article thumbnail

Armed with experience, insurtech MGAs are paving the way for insurtech 2.0

TechCrunch

Entrepreneurs saw this as an opportunity to disrupt incumbents, and soon there were lofty claims that everything about the industry was about to change. ” Venture capitalists noticed, and startups closed large rounds of capital. Founders pitched carriers a tech-forward relationship with the customer, focusing on: