Tomasz Tunguz

OCTOBER 21, 2017

Venture capitalists have financed many of those businesses. Those venture dollars have financed a panoply of competition. Incumbent client/server technologies have lost their market dominance to new incumbents. Salesforce was founded in 1999. Since then, many major categories of software have been saasified.

SaaS 75

SaaS incumbents finance financing 75

Haystack

NOVEMBER 25, 2018

venture capital deals, a spike in mega-financings where it’s common to see not only $100M private rounds, but companies that raise two or three types of financings like this in the same calendar year!

incumbents 127

incumbents accelerator venture capital finance 127

TechCrunch

MAY 25, 2022

As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits. A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of millions of dollars. “I founded Sima.ai

startup 95

startup accelerator incumbents disruption 95

TechCrunch

APRIL 28, 2021

Challenger banks continue to make significant waves in the world of finance, with smaller outfits luring customers away from incumbents by providing an easier way for them to not only engage with basic banking services, but to tap into a wave of technology that brings more personalization and often better deals into the equation.

incumbents 102

incumbents finance financing strategy 102

TechCrunch

OCTOBER 21, 2021

Just over five months after raising a $9 million seed funding round , Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management. The company also plans to use its new capital to accelerate its product road map and toward business development efforts.

finance 96

finance financing incumbents venture capital 96

TechCrunch

DECEMBER 2, 2021

The Mexico-based startup closed the $15 million Series A round and $20 million debt financing after participating in Y Combinator’s Winter 2021 cohort. Mendel says its software gives finance teams a way to manage card transactions in real time, set granular spend rules and track spending from a central dashboard.

incumbents 90

incumbents financing finance frameworks 90

TechCrunch

DECEMBER 15, 2021

Its aim is to “finance consumption for Brazilians in a healthy way.” “It’s a huge market that is still controlled by incumbents charging extremely high interest rates, which makes it difficult for people to pay back their loans. It also aims to allow its customers to access over $616 million in financing in 2022. .

incumbents 80

incumbents startup finance financing 80

TechCrunch

FEBRUARY 10, 2021

Angel and individual investors also put money in the round, including: Backstage Capital founder Arlan Hamilton, ex-Venmo COO Michael Vaughan and James Kim, former head of finance at Tinder. . People have different personal finance behavior than in the past, which makes it harder for traditional lenders to evaluate them.”.

incumbents 101

incumbents finance financing accelerator 101

TechCrunch

MARCH 18, 2021

Challenger banks continue to make significant advances in attracting customers away from the big incumbents by providing more modern, user-friendly tools to manage their money. These will typically be at incumbent banks, but they do not offer the same ranges of services to customers. Which neobanks will rise or fall?

incumbents 126

incumbents financing finance startup 126

TechCrunch

JUNE 22, 2022

Online pharmacy regulations have been launched in Nigeria and Ghana and are in development in Kenya and Uganda. There’s been an improvement on the former: 58% of innovators that raised funding in the last 12 months cited Africa-led investors as a source of financing. Women founders are disadvantaged,” the director said.

investing 114

investing investment health startup 114

TechCrunch

NOVEMBER 30, 2022

Today, Teampay has hundreds of customers and significant venture capital financing behind it. Hoag notes that Teampay is low-code and doesn’t require custom development. “With education and innovation, we look forward to bringing best-in-class ‘consumerized’ tools to the finance department.”

economic environments 86

economic environments incumbents finance financing 86

TechCrunch

OCTOBER 1, 2021

million seed financing in the summer of 2020. In its own words, Mountain View-based Vareto is developing a new platform for FP&A (financial planning & analysis) teams with the goal of “building the future of financial planning.”. Talk about validation. Image Credits: Vareto.

finance 98

finance financing incumbents collaboration 98

TechCrunch

OCTOBER 19, 2021

But along with that, we have also seen a related surge in funding into companies that provide the infrastructure that financial institutions — incumbents and fintechs alike — need in order to operate faster and more competitively. São Paulo-based Pismo is one of those infrastructure providers. Image Credits: Pismo.

incumbents 96

incumbents finance financing technology 96

TechCrunch

JUNE 5, 2022

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. It will also be working to develop a BNPL product for businesses and instant fund disbursement products. Indian fintech Slice tops $1.5 And elsewhere.

incumbents 96

incumbents finance financing pitching 96

TechCrunch

AUGUST 4, 2022

The financing marks the company’s first ever institutional funding. In a nutshell, Geopagos feels it is in the ideal position of being able to serve as the software enabler that can retrofit incumbents like large banks and launch the enablers like fintechs. Endeavor Catalyst also participated in the financing.

startup 84

startup incumbents financing finance 84

TechCrunch

JUNE 8, 2022

Embedded finance — where financial services companies and others bring in different kinds of fintech technology by way of APIs to enhance their own offerings with more data and functionality — remains a growing opportunity, both to help fuel new business and to help incumbents get up to speed with their disruptors.

incumbents 87

incumbents finance financing technology 87

TechCrunch

FEBRUARY 2, 2022

Put simply, Melon is developing tech and fulfillment infrastructure — or the backend — to enable small and medium e-commerce merchants to “easily” sell and grow across multiple channels such as Shopify, Instagram and Amazon, and then deliver almost anywhere in the region. It also plans to soon offer embedded finance products.

enablement 97

enablement startup incumbents transportation 97

TechCrunch

AUGUST 24, 2021

Looking ahead, the startup plans to use its new capital toward product development, growth, operations and building out a credit offering. We believe Cora is a once in a generation company building efficient digital finance tools for small businesses. About 130 of its employees are “partners” in the company, Senra said.

incumbents 96

incumbents capital financing finance 96

Tomasz Tunguz

JUNE 21, 2022

Lee headed finance for the company from $15m in ARR to more than $1b. Second, UBP reduced friction for individual developers to tinker with the APIs. In addition, Lee shared his view on usage-based pricing and defending a startup’s great asset, talent, from poaching during the next recovery. That’s important today.

startup 81

startup incumbents accelerator sustainability 81

TechCrunch

MAY 23, 2022

Recently, there’s been rapid digitization of this market , with several startups upending incumbents such as classifieds and hoping to define the new era of used-car-sale platforms. According to the founders, Sylndr also plans on providing seven-day money back guarantee, warranty and availing flexible financing options to users.

disruption 99

disruption finance financing venture capital 99

TechCrunch

OCTOBER 13, 2022

A flurry of fintechs emerged in hope of meeting that demand while incumbent banks clamored to step up their own digital games. The financing brings NorthOne’s fundraising total to $90.3 Ultimately, the company’s goal is to give its business the “control, clarity and confidence” they need to better manage their finances.

capital 98

capital incumbents education finance 98

TechCrunch

SEPTEMBER 1, 2022

Innovation continues to drive new developments in lending, payments, crypto and, in particular, infrastructure, showing that the industry still has lots of room for growth. However, as the market grew crowded, infrastructure providers have started competing over who can develop the least expensive product and sign the most fintech companies.

incumbents 92

incumbents opportunity enablement innovation 92

TechCrunch

FEBRUARY 10, 2021

The injection of cash will be used for continued geographical expansion and to accelerate the development of new products. Notably, this will include plans to launch in 10 new markets as Northmill aims to step on the gas. Next stop, Norway.

incumbents 93

incumbents sustainability board accelerator 93

TechCrunch

MAY 29, 2022

Jarkata-based Astro, which provides 15-minute grocery delivery, has recently closed a $60 million Series B financing round, lifting its total funding to $90 million since the business launched just nine months ago. The startup is competing with incumbents like Sayurbox, HappyFresh and TaniHub to win over users.

incumbents 101

incumbents financing finance capital 101

TechCrunch

DECEMBER 23, 2021

Skio is taking on incumbents like ReCharge Payments, which too has built subscription software for e-commerce brands and was valued at $2.1 The entrepreneur’s experience with subscriptions goes back to high school, where he said he started skipping class to do web development for a subscription box startup called Conscious Box.

incumbents 98

incumbents frameworks financing finance 98

TechCrunch

APRIL 6, 2021

In the latest development, OneStream , a startup that provides a toolkit of services to enterprises to help them run financial operations (for example, reporting, planning, tax and more), has raised $200 million in primary equity. The funding values OneStream at $6 billion.

finance 69

finance financing incumbents enablement 69

TechCrunch

MARCH 21, 2022

When much of the shopping shifted online during the global pandemic, startups developing software and other products to aid the transition began to garner attention from venture capital firms. million in a seed round of funding as it develops a one-on-one shopping experience, transforming any cooler or cabinet into a smart grab-and-go.

capital 89

capital startup enablement incumbents 89

TechCrunch

SEPTEMBER 16, 2021

Tile , the maker of Bluetooth-powered lost item finder beacons and, more recently, a staunch Apple critic , announced today it has raised $40 million in non-dilutive debt financing from Capital IP. In addition to new debt financing, Tile is also refinancing some of its existing debt with this fundraise, it says.

mix-use 99

mix-use incumbents networking finance 99

TechCrunch

JANUARY 27, 2022

And today, Yu and Yang’s new company, San Francisco-based Vesta , is announcing it has raised $30 million in Series A financing led by Andreessen Horowitz (a16z) with participation from new investor Zigg Capital. ” “This is very contrary to the incumbents,” Yu told TechCrunch. “We

peer-to-peer 97

peer-to-peer incumbents financing finance 97

AsiaTechDaily

OCTOBER 15, 2022

Register Indonesian open finance platform Ayoconnect has raised an additional $13 million in its Series B funding round, bringing the total amount it raised to date to $43 million. Founded in 2016, Ayoconnect is Southeast Asia’s largest Open Finance API platform.

incumbents 59

incumbents startup finance financing 59

TechCrunch

DECEMBER 6, 2022

But that hasn’t stopped new ventures from cropping up to challenge the incumbents. See Expeto , which is developing a platform that allows corporate customers to extend their private networks via virtually any type of cellular connectivity.

networking 88

networking startup incumbents energy 88

TechCrunch

JUNE 29, 2022

April users connect their payroll, bank statements, mortgage, prior year’s tax return and other finance apps to the platform and then tell April about significant tax events over the past year (e.g., Borodach says it’s extensible insofar as a software development kit lets developers tap into the system and create “new solutions.”

incumbents 87

incumbents finance financing advice 87

TechCrunch

APRIL 26, 2022

Financing from the round came from a mix of private and public funds in China and overseas. OnTime is the ride-hailing service introduced by GAC in 2019 as one of the newcomers competing with incumbent Didi, many of which are either operated by auto OEMs or are close to one. ”

transportation 90

transportation incumbents finance financing 90

TechCrunch

NOVEMBER 2, 2022

The startup’s competition includes incumbents like Informatica, IBM, SAP and Oracle, as well as newer rivals such as Collibra , Castor , Stemma , Data.World and Ataccama , all of whom offer tools for classifying and curating data at enterprise scale. billion and growing toward $11.6 billion over the next four years.

incumbents 86

incumbents collaboration enablement ventures 86

TechCrunch

JANUARY 11, 2022

But Novo sees incumbents as the real “challenger” here. It has a large development team, mostly based out of India, Rangel told me.). “We are competing against big banks. “We believe our product is better value for businesses, but we’re happy to see others also pushing the charge forward.”

incumbents 99

incumbents financing finance capital 99

TechCrunch

AUGUST 29, 2022

We’re now seeing a new development where businesses want to offer different products and financial services beyond just payments,” Adeyemi told TechCrunch over a call. “We Anchor wants to “abstract away these complexities” so pure fintechs and businesses offering embedded finance can get started in 5 minutes, said Adeyemi in a statement.

startup 93

startup incumbents finance financing 93

TechCrunch

JANUARY 30, 2022

A broad ecosystem of technology pioneers, payments networks, issuers, and acquirers are developing a softPOS solution that extends beyond any company’s walled garden. Seriously, the extent at which this company shares the details of its finances is something to be admired and we wish all startups would follow suit. billion valuation.

incumbents 136

incumbents SaaS angel investing ventures 136