article thumbnail

Should Founders Still Raise in an Economic Downturn?

Dream It

Runway is a crucial indicator of survival that signifies your company’s future financial ability to sustain operations. If you cannot sustain operations for 18 months, cut your burn rate so you can extend your runway. Investors want to see you’re able to remain lean and adapt to changing economic circumstances.

founder 195
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. million in debt) Series B led by Fin Venture Capital with participation from Mastercard, Proof Ventures, Trestle and Espresso Capital, bringing Teampay’s total raised to $65 million. million in equity, $11.75 billion in 2021.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Gorgias’ valuation rises to $710M with $30M Series C for e-commerce customer support

TechCrunch

Transpose Platform and Shopify led the round and were joined by previous investors Jason Lemkin of SaaStr, Rajeev Dham from Sapphire Ventures, CRV and Alven. Even with all of that growth, the company is monitoring its cash burn rate in this new economic environment.

support 91
article thumbnail

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

TechCrunch

Since then, the company tweaked its credit origination and is now growing at 25% month over month this year “in sustainable growth.” New investor Fifth Wall joined existing investors, including FinTech Collective, Clocktower Technology Ventures, Commerce Ventures, FJ Labs and NotreVis, in the round.

article thumbnail

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

TechCrunch

The companies that took their first venture capital during the craze decided to join forces with other well-capitalized competitors. To give TechCrunch+ readers a better understanding of what education investors are looking for today, seven leading venture capitalists in the category answered a series of questions about the sector’s future.

startup 85
article thumbnail

Three Learnings for Startups after Big Tech’s Q3 Earnings Beatdown

Entrepreneur's Handbook

As an investor that has a basket of potential investment options to choose from, those opportunities with more visibility in the sustainability of their cash flows are at an advantage in uncertain economic environments.

startup 64
article thumbnail

How to put a stay on the unsubscribe button

NZ Entrepreneur

Regina said that 80% of millennials sleep next to their phones (I’d venture that so do most Gen Xs and Baby Boomers), and one of the tactics that have led to Mashable’s success is to deliver news to people on the platforms where they live. ECONOMIC: Consider the economic environment. And how can they deal with it?