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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.

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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. Other changes at the well-known startup include the sunsetting of several communities and spinning off its career advanced arm into a new separate business entity.

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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