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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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Q&A: How Verizon Small Business Digital Ready Can Help You

StartupNation

This program is preparing and connecting Metro Detroit Black-owned businesses to various funding resources to ensure their sustained success. To stay competitive in the new economic environment, small businesses must be agile and adapt to shifting consumer preferences.

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Spend management platform Teampay expands partnership with Mastercard, raises $47M

TechCrunch

“In today’s economic environment, Teampay’s software-led approach has proven resilient — as we saw in late 2020 to 2021, when the economy rebounds, Teampay benefits disproportionately through accelerated growth … We increased our debt facility for additional flexibility in uncertain times.” billion in 2021.

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

TechCrunch

Banks are more and more careful with their own funding of development projects, which means they will also slow down payments on their own side,” Constrafor CEO Anwar Ghauche told TechCrunch. Since then, the company tweaked its credit origination and is now growing at 25% month over month this year “in sustainable growth.”

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7 investors discuss why edtech startups must go back to basics to survive

TechCrunch

I would say the past few years have been more of an anomaly, and we are getting back to a more sustainable pace. These differences are reflected in the experience of our portfolio companies, many of whom sell into HR and learning and development. billion in Europe thus far in 2022, 40% more than a year earlier, reports say).

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How to put a stay on the unsubscribe button

NZ Entrepreneur

The Director of Strategy and Business Development Asia Pacific at Mashable, Gwendolyn Regina, told Ad:tech New Zealand in November that the overwhelming competition for attention has made it into currency. ECONOMIC: Consider the economic environment. Are interest rates on the rise? What does this mean for your audience?

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Arrival slashes production targets to just 20 EV vans as part of restructuring

TechCrunch

based commercial EV startup turned publicly traded company, has lowered its delivery plans from 400 vehicles to 20 as it postpones development of its battery-electric buses and shifts gears to focus on vans. Arrival, the U.K.-based For the second quarter, Arrival reported a loss of $89.6 million, compared with a loss of $56.2