article thumbnail

Elevate Your Startup’s Future with 4 Financial Forecasting Game-Changers

Entrepreneurs' Organization

In the fast-paced world of startups, financial forecasting can often be overlooked or considered a back-burner issue. Why is financial forecasting important for startups? For startups, financial forecasting is not just a tool for appeasing investors; it’s the backbone of effective strategic planning. Embrace scenario planning.

article thumbnail

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

TechCrunch

Today, Teampay has hundreds of customers and significant venture capital financing behind it. Last year, Teampay launched a Mastercard-branded corporate card, Catalyst, with spend management features, signaling the startup’s intentions to venture further into the heated corporate card space. It seems that his thesis was correct.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

TechCrunch

Ghauche and Douglas Reed started Constrafor, a SaaS construction procurement platform, to provide embedded financing and software for general contractors to manage their subcontractor workflow. Constrafor grabs $106M in equity, credit to finance construction subcontractors The company raised $106.3

article thumbnail

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

StartupNation

To stay competitive in the new economic environment, small businesses must be agile and adapt to shifting consumer preferences. To stay competitive in the new economic environment, small businesses must be agile and adapt to shifting consumer preferences.

article thumbnail

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

TechCrunch

This impacted the kinds of startups that got funding and the total capital in the market. This move toward extension rounds illustrates a level-setting of expectations from founders around fundraising in the current economic environment. If yes, what is the impact of a more focused sector?

startup 85
article thumbnail

Soci raises $120M in debt and equity to grow its marketing management platform

TechCrunch

According to a survey by marketing startup Uberall, there was a more than 11% increase in customer engagement with local businesses in 2020 versus 2019 and more than 35% increase in conversions via websites and phone calls during the same time frame. Yelp) and then automatically responds to those reviews.

article thumbnail

Even well-funded fintech companies are laying off workers

TechCrunch

Schulman added: “Over the past year, we made significant progress in strengthening and reshaping our company to address the challenging macro-economic environment…While we have made substantial progress in right-sizing our cost structure, and focused our resources on our core strategic priorities, we have more work to do.