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. Saudi-based early-stage venture capital firm RAED Ventures led the round. We’re looking to develop that as we go,” he noted.

disruption 99

disruption financing finance venture capital 99

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 financing finance 59

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.

financing 96

financing finance incumbents venture capital 96

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. ” Sima.ai

startup 95

startup accelerator incumbents disruption 95

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. reported this month that $51 billion of venture capital was invested into U.S. London & Partners and Dealroom.co

capital 89

capital startup enablement incumbents 89

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

OCTOBER 1, 2021

GV (formerly Google Ventures) led its $20 million Series A this year, and Menlo Ventures led its $4.2 million seed financing in the summer of 2020. Their goal was to create a strategic finance platform for the enterprise that had the look and feel of a consumer offering. Talk about validation. Image Credits: Vareto.

financing 98

financing finance incumbents collaboration 98

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

JANUARY 27, 2022

For example, Polly this week announced it has raised $37 million in a round led by Menlo Ventures to automate workflows for mortgage companies. Existing backers Conversion Capital and Bain Capital Ventures also participated in the round, bringing the company’s total raised since its November 2020 inception to $35 million.

peer-to-peer 97

peer-to-peer incumbents financing finance 97

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 financing finance 75

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. The all-equity tranche values Alation at over $1.7 billion and growing toward $11.6

incumbents 86

incumbents collaboration enablement leadership 86

TechCrunch

FEBRUARY 2, 2022

NFX and existing backers Pear and Mexico-based Wollef (formely known as Jaguar Ventures) doubled down on their investment, which values Melonn “in the neighborhood” of $100 million post-money and brings the Bogota-based startup’s total raised to $24 million since its November 2020 inception. So, just how does it work?

enablement 97

enablement startup incumbents transportation 97

TechCrunch

FEBRUARY 10, 2021

(KBIC) — a subsidiary of South Korean consumer bank, Kookmin Bank — along with Barclays, Knollwood Investment Advisory, BAM Ventures, Passport Capital, Ulu Ventures and Strong Ventures. . The startup also plans to use the money in part toward product development, such as adding more interactive features.

incumbents 101

incumbents financing finance accelerator 101

TechCrunch

JANUARY 22, 2023

Snafus can happen even when incumbents and fintechs partner. Chief corporate development and strategy officer Greg Orenstein will move into its CFO seat.” Nihar Bobba has “dipped” out of Wharton to join fintech-focused venture firm Better Tomorrow Ventures as a principal, according to this tweet.

incumbents 105

incumbents media ventures financing 105

TechCrunch

SEPTEMBER 15, 2021

million seed round to further its insurance payments platform that combines financing, collections and payables. Ascend is offering point-of-sale financing to enable insurance brokers to break up those commercial payments into monthly installments. Ascend on Wednesday announced a $5.5 Ascend app. Brokers are here to stay,” he added.

financing 83

financing finance incumbents disruption 83

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 financing finance 93

TechCrunch

MAY 8, 2022

Led by Lindsay Holden, the startup had raised more than $20 million in funding and had built a gamified finance mobile app that aims to help people “save, learn and engage” with their finances. In other words, incumbents in some cases need fintechs even as they compete with them. million in a round led by Firebrand Ventures.

real estate 87

real estate financing finance venture capital 87

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.

incumbents 126

incumbents financing finance startup 126

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

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

FEBRUARY 9, 2021

The company combines energy management services for commercial buildings through the software it has developed with the ability to sell energy directly to customers in an effort to reduce the energy consumption and the attendant carbon footprint of the built environment. million in pre-seed financing back in March 2020.

energy 78

energy incumbents construction financing 78

TechCrunch

MAY 3, 2022

“They are the strongest company in the segment and well financed in this growing market,” said Forrester analyst Craig Le Clair. Pitch deck pro tips from a leading Silicon Valley venture capitalist. ” Pitch deck pro tips from a leading Silicon Valley venture capitalist. Develop new products. Be 10x better. “If

pitching 84

pitching SaaS incumbents ventures 84

TechCrunch

JANUARY 15, 2023

Vouch hopes to leverage Level’s expertise in developing underwriting technologies to underwrite and support complex insurance products. ” And this line was the classic motivation for all incumbents buying fintechs: “Why not just bring it in to our platform and get it to customers as quickly as possible?”. I did, too.

incumbents 117

incumbents energy board investing 117

TechCrunch

JANUARY 13, 2022

Flyer One Ventures and Solid led the seed round. TA Ventures, Jiji, u.ventures and AVentures Capital also participated. Globally, hundreds have sprung forth the past few years to challenge incumbents in their respective markets. “At He is also a partner at co-lead investor Flyer One.

incumbents 104

incumbents financing finance investing 104

TechCrunch

JANUARY 19, 2023

Since its founding, it’s attracted interest from investors including Valar Ventures, Tiger Global, Amplo, Pareto Holdings, Quiet Capital and Shutterstock co-founder and CEO Jon Oringer. However, this complexity is hidden behind a simple software development kit, which is what matters to merchants most,” Shoykhet said.

incumbents 100

incumbents enablement accelerator financing 100

TechCrunch

JANUARY 11, 2022

But Novo sees incumbents as the real “challenger” here. ” The round is being led by Stripes, with Valar Ventures, Crosslink Capital, Rainfall Ventures, and BoxGroup — all of whom backed Novo in its $40 million Series A , just six months ago — also participating. .

incumbents 99

incumbents financing finance health 99

TechCrunch

SEPTEMBER 13, 2021

million in seed funding to further develop its tools for more accurate data and analytics. It also helps the finance team understand expenses, including which are valid and those that are not.”. He also intends to use the funding to acquire new brands and on software development. The retail industry is valued at $5.5

startup 80

startup incumbents development capital 80

TechCrunch

JUNE 17, 2021

Existing backers Better Tomorrow Ventures, Aleph, Flourish Ventures and TLV Partners also participated in the latest financing. . Founders and developers can try it out by creating a free account, building in Unit’s live environment and testing their products using real funds. Unit raises $18.6M

incumbents 89

incumbents financing finance accelerator 89

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

TechCrunch

JANUARY 30, 2022

Besides the fact that over 20% of all venture dollars last year went into fintech startups , I am particularly excited about the many ways that this technology is helping boost inclusion all over the world. Now he’s putting his money where his mouth is and launching his own venture fund, called simply The Fintech Fund.

incumbents 136

incumbents SaaS angel investing ventures 136

TechCrunch

APRIL 8, 2022

With plans to raise a $25 million fund and more than $15 million already invested, PsyMed Ventures focuses on early-stage startups developing psychedelic therapeutics. venture capital activity,” he writes. And as more regions decriminalize the use of plant-based substances, investors are taking notice.

transportation 88

transportation venture capital incumbents hospitality 88

TechCrunch

DECEMBER 20, 2021

Cross-border remittances — when people living and working abroad send money back home to friends and family — continues to be a huge part of how those living in developing countries, off the global financial grid, can be helped. on 2020, as parts of the global economy started to claw back growth after a tough 2020 due to Covid-19.

incumbents 94

incumbents communities capital networking 94

TechCrunch

MARCH 15, 2022

But with more and more business processes moving online, online job search is the gift that keeps on giving, and so today comes news of another portal in the space raising a big round to take on the incumbents in the space with more innovative and accurate technology. This will also pave the way for how the product will develop in the future.

incumbents 74

incumbents education innovation VC 74

TechCrunch

MAY 11, 2021

It’s raising a $30 million Series B, led by TransUnion — one of the largest incumbents in an industry that Spring Labs is looking to shake up. And they said ‘if we’re going to help develop your business into something very significant, we’d like to have skin in the game.’ ”.

collaboration 95

collaboration incumbents networking disruption 95

TechCrunch

MARCH 10, 2022

The round — in total led by Heartland with Kinnevik, Tencent and IDC Ventures also participating — is now closed out at €280 million. “ We look forward to supporting the team in developing next generation digital-first financial services in the Nordics and beyond.”

incumbents 95

incumbents strategy capital culture 95

TechCrunch

SEPTEMBER 30, 2022

Notably, Metromile saw its valuation decline over 85% and was subsequently acquired by peer Lemonade , and it hasn’t been alone in losing a lot of value and being eyed by peers and incumbents. To take the pulse of all things insurtech, we spoke with: Martha Notaras , general partner, Brewer Lane Ventures.

peer-to-peer 92

peer-to-peer sustainability ventures incumbents 92

TechCrunch

NOVEMBER 19, 2021

Acrew Capital is leading the round, with Homebrew, True Ventures, Anthemis, Valor, DCVC, and LowerCarbon Capital also participating. This is a huge business, typified by incumbent behemoths like Lloyd’s of London, who in theory mitigate the risk insurance companies face when they get the formula wrong.

incumbents 79

incumbents disruption capital technology 79