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Constrafor, a construction procurement company, goes ‘SAFE’ route with new capital

TechCrunch

Since then, the company tweaked its credit origination and is now growing at 25% month over month this year “in sustainable growth.” That potential for additional capital gives Constrafor “scalable credit and capital for our business,” Ghauche said. Meanwhile, the new capital will be used for payroll and to fund operations. “We’re

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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 billion in 2021.

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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. This program is preparing and connecting Metro Detroit Black-owned businesses to various funding resources to ensure their sustained success.

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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. I would say the past few years have been more of an anomaly, and we are getting back to a more sustainable pace.

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Proptech in Review: 3 investors explain why they’re bullish on tech that makes buildings greener

TechCrunch

We asked three venture capital firms investing at the intersection of proptech and climate tech about how a focus on reducing emissions can trim a building’s carbon footprint and offer new opportunities for returns. This economic environment will continue to test a lot of companies. That value proposition is irresistible.