article thumbnail

Truework, which helps lenders verify borrowers’ income and employment, raises $50M

TechCrunch

While a large part of the Trueworks platform is about supporting so-called “instant verifications,” sometimes it’s not always possible to do so, depending on the individual’s personal employment history and status, meaning that a lender has to revert to collecting paper payslips and documents.

article thumbnail

On Deck tried to do it all. Now, it’s trying to do less, better

TechCrunch

Erik Torenberg is no longer the co-CEO of On Deck, a tech company that is trying to productize the community in a way that helps founders secure capital and advice. The company has raised tens of millions in venture capital from investors, including Founders Fund, Village Global and Tiger Global.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The First Generation of the Talent Software Wars

Tomasz Tunguz

Taleo and SuccessFactors grew very quickly after they entered the market, bringing novel delivery to the human capital market. SuccessFactor’s average customer value (ACV) was less than half of Taleo’s according to each company’s S-1 document, the filings related to an IPO. But they started in different places.

article thumbnail

Contract lifecycle management vendor Icertis secures $150M in debt to stave off rivals

TechCrunch

After raising $115 million in 2019, Icertis today secured $150 million — $75 million in convertible debt and a $75 million revolving credit facility — in a combined tranche from Silicon Valley Bank that brings the company’s total capital raised to $520 million. Icertis was valued at $2.8