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Marco Financial raises $82M in debt, equity seed round to support small Latin American exporters

TechCrunch

It’s a gap Marco Financial is looking to bridge through its tech-enabled risk assessment platform that can provide better insight on who should receive loans. Marco’s factoring product enables new companies to get started without having to put up the significant amount of collateral that banks are asking.

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Trends in Early Stage SaaS Fundraising Market of 2016

Tomasz Tunguz

About $1B has been invested in early stage SaaS startups as of November 1. If we compare these trends to the total aggregate market capitalization of public SaaS companies by buyer, we observe a few interesting patterns. This operations category hints at the rising importance in the fundraising market of vertical SaaS companies.

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Ushur, which aims to automate aspects of the customer experience, raises $50M

TechCrunch

In a recent survey by Zapier — not the most unbiased source, granted, given that the company sells automation software — about 44% of employees say that automation saves them time while almost a third (33%) say it enables them to accomplish more with fewer resources. After all, Jiffy.ai

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Superblocks secures $37M to help companies build and maintain internal apps

TechCrunch

Ma was previously a senior engineer at Morgan Stanley before co-founding Supportive, a help desk software-as-a-service startup, and joining Confluent as an engineering lead. Menezes says he thinks about the competitive landscape in three ways: build-it-yourself, legacy incumbents and low-code startups. Image Credits: Superblocks.

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ManageXR grabs $4 million seed round to scale XR business 

TechCrunch

With the latest funding, ManageXR will support its expanding team and go-to-market strategy as the company has experienced rapid growth since becoming available to beta users in November 2019 and officially launching in April 2021. Los Angeles-based Talespin nabs $15 million for its extended reality-based workforce training tools.

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Vesta closes on $30M in an a16z-led Series A to build a new kind of mortgage infrastructure

TechCrunch

In a nutshell, Vesta’s technology aims to provide a customizable platform for mortgage origination, supporting approval, underwriting and the closing and funding of home loans. . ” “This is very contrary to the incumbents,” Yu told TechCrunch. “We Image Credits: Vesta.

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Magical makes $35M appear to move data between webpages

TechCrunch

There’s evidence to support this. And a number of smaller players including Signavio , Intellibot , and Servicetrace were snatched up by incumbent tech firms. Like all founders, I wore many hats including sales, recruiting, and customer support,” Sambhi told TechCrunch in an email interview.