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Truework, which helps lenders verify borrowers’ income and employment, raises $50M

TechCrunch

Founded in 2017, San Francisco-based Truework integrates with payroll providers including Gusto, Zenefits and BambooHR, and enables mortgage providers and lenders (e.g. And the current economic environment, it seems, is playing more than a bit-part in this trend.

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On Deck tried to do it all. Now, it’s trying to do less, better

TechCrunch

Other changes at the well-known startup include the sunsetting of several communities and spinning off its career advanced arm into a new separate business entity. Despite saying it is focused on founders, it does still advertise programs for others in the startup world. Over $2 million has been deployed since 2021).

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Contract lifecycle management vendor Icertis secures $150M in debt to stave off rivals

TechCrunch

By going the debt route, Icertis avoids having to answer the tricky question of valuation in an especially challenging economic environment. “Contracts are an invaluable source of original data — documenting and governing the entitlements and obligations between a company and its suppliers, customers and employees.