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Parafin Transforming Delivery of Small Business Financial Services Closes $100M Series C

American Entrepreneurship

Backers include the Rounds lead N otable Capita l, with significant participation from Redpoint Ventures and existing investors Ribbit Capital, Thrive Capital, and GIC. Incumbent methods systematically bias against women- and minority-owned businesses. This has historically hindered small business growth.

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Predictions for Living, Working, & Traveling Post-Covid in America’s Startup Cities

Revolution

Despite waiting for a “return to normal,” it’s clear that over the last year society has been constructing a “new normal.” The percentage of early-stage venture capital dollars invested into Bay Area startups dropped 15% over the last 10 years, from 39% to 24%. The same thing is happening with startup talent recruitment and retention.

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Parafin Transforming Delivery of Small Business Financial Services Closes $100M Series C

American Entrepreneurship

Backers include the Rounds lead N otable Capita l, with significant participation from Redpoint Ventures and existing investors Ribbit Capital, Thrive Capital, and GIC. Incumbent methods systematically bias against women- and minority-owned businesses. This has historically hindered small business growth.

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TrustLayer raises $6M seed to become the ‘Carta for insurance’

TechCrunch

Abstract Ventures led the financing, which also included participation from Propel Venture Partners, NFP Ventures, BoxGroup and Precursor Ventures. BrokerTech Ventures (BTV), a group consisting of 13 tech-focused insurance agencies in the U.S. million in a seed round. Are insurtech startups undervalued?

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The Future of Hospitality is Here

Revolution

In fact, according to the 2018 year-end report by CREtech , funding for “proptech” startups has surged with over $20 billion invested across early and late stage venture rounds in the last two years?—?quickly quickly making real estate technology one of the fastest growing venture asset classes.

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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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Affirm and Klarna ramp up competing efforts to attract US consumers

TechCrunch

But it is illustrative of the measures that financial services companies — incumbents and fintechs alike — are taking to make their installment loans available to more consumers. In other words, it wants to help fintechs be in a stronger position to compete with incumbents, something it believes will benefit consumers.