TechCrunch

JULY 7, 2021

When Daniel Simon sold Bread , a consumer purchase finance and payments startup he’d co-founded, to Alliance Data Systems for over $500 million late last year, he quickly set his sights on building another startup. Coast co-founders Daniel Simon and Andrew Woolf.

founder 98

founder startup incumbents financing 98

TechCrunch

SEPTEMBER 8, 2021

David Friend is a serial entrepreneur, six-time founder, and the current co-founder and CEO of cloud storage company, Wasabi Technologies. Even if you’re growing quickly, not all founders want to set a valuation for their company. People tend to think that category creation is less risky than incumbent disruption.

strategy 95

strategy incumbents VC disruption 95

TechCrunch

JANUARY 29, 2021

Edtech needs to reach beyond underfunded public school systems to become more sustainable, which is why more investors and founders are focusing on lifelong learning. Jan Lynn-Matern , founder and partner, Emerge Education (a leading edtech seed fund in Europe with portfolio companies like Aula, Unibuddy and BibliU). citizenship!

VC 107

VC founder media education 107

TechCrunch

MAY 12, 2021

The Buenos Aires-based startup’s new infrastructure aims to allow fintechs and embedded finance players to launch virtual accounts and issue prepaid and credit cards via “compliant” onboarding processes. Index Ventures’ Mark Fiorentino agrees that the company’s founder-market fit was crucial in his firm’s decision to invest.

incumbents 107

incumbents financing finance ventures 107

TechCrunch

APRIL 20, 2021

“Challenger” startups in banking and insurance have upended their industries, and picked up significant business, by building more customer-friendly tools and services — more personalized, easier to access and usually competitively priced — than those typically provided by their bigger, incumbent rivals.

incumbents 106

incumbents consulting SaaS disruption 106

TechCrunch

JANUARY 14, 2021

Sennder , a large digital road freight forwarder based out of Germany, has raised $160 million in Series D financing. Sennder competes with large incumbents like Wincanton and CH Robinson, as well as other startups such as OnTrac and Instafreight. The European logistics and freight sector has a market size of $427 billion.

incumbents 118

incumbents transportation sustainability financing 118

TechCrunch

MARCH 4, 2022

Keyway , a startup that buys property from small and medium-sized business owners and then leases it back to them, has secured $70 million in debt financing on the heels of a $15 million equity raise. And 20% of transactions fall through because the buyer didn’t have guaranteed financing.” commercial real estate value.

real estate 97

real estate financing finance incumbents 97

TechCrunch

JUNE 6, 2022

Led by CEO and co-founder Kahlil Lalji , the startup is launching with a split account product that just raised $3.5 ” The company built out an internal ledger to track the way that money is moving between user accounts, in a way that the co-founder thinks a lot of other fintechs don’t. Zeta, which raised a $1.5

peer-to-peer 117

peer-to-peer financing finance incumbents 117

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 startup was founded earlier this year to build a fintech-as-a-service platform for Latin America.

financing 96

financing finance incumbents venture capital 96

TechCrunch

JULY 13, 2021

To continue its mission, the Miami-based trade finance company raised $7 million in seed funding and $75 million in a credit facility, led by Arcadia Funds LLC and Kayyak Ventures, to increase its credit line to $100 million. Shoihet met his co-founder and COO Peter D. Marco wants to take that worldwide,” Silva Lombardi said.

support 100

support financing finance funders 100

TechCrunch

MAY 5, 2022

Maple is based in San Francisco, but focuses on investing in founders with Canadian roots. In an interview with TechCrunch, Neo co-founder and CEO Andrew Chau shared that he and co-founders Jeff Adamson, Chris Simair and Kris Read started Neo to challenge the Big Five banks that own some 90% of the country’s market share.

incumbents 97

incumbents networking financing finance 97

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

MARCH 8, 2021

Starling — which competes against incumbent banks, as well as other challengers like Monzo and Revolut — said it will be using the money to continue its growth. Digital banking has reached a tipping point,” said Anne Boden, founder and CEO of Starling Bank, in a statement. billion) post-money.

incumbents 110

incumbents investing investment innovation 110

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. According to the founders, Sylndr also plans on providing seven-day money back guarantee, warranty and availing flexible financing options to users.

disruption 99

disruption financing finance venture capital 99

TechCrunch

JANUARY 14, 2021

Worse, CFOs are expected to be more strategic than ever about finance, but can struggle to deliver important forecasts and projections given the lack of availability of key data. Mosaic is a “strategic finance platform” that is designed to ingest data from all sorts of systems in the alphabet soup of enterprise IT — ERPs, HRISs, CRMs, etc. —

financing 98

financing finance incumbents consulting 98

TechCrunch

AUGUST 29, 2022

PostEx provides services like upfront payments in a country where more than 90% of e-commerce payments are still completed in cash, and revenue-based financing for e-commerce sellers and SMEs. PostEx co-founder and CEO Omer Khan told TechCrunch that according to the World Bank, about 100 million adults in Pakistan don’t have a bank account.

incumbents 99

incumbents sustainability collaboration financing 99

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

SEPTEMBER 7, 2021

Four big-name backers jointly led the round — Sequoia Heritage, a private investment fund and a subsidiary of Sequoia; Founders Fund; payments upstart Stripe; and Ribbit Capital. ” Going up against incumbents. Third-party providers, mostly fintechs, have tried to capture some market share from these incumbents.

investing 124

investing investment incumbents networking 124

TechCrunch

NOVEMBER 23, 2021

Some prominent angel investors also participated in the round, including Opendoor founder Eric Wu and former Wealthfront CEO Adam Nash. Column Tax co-founders Gavin Nachbar and Michael Bock. Wealthy Americans have access to CPAs and accountants and tax advice people watching over their finances year-round.

incumbents 76

incumbents advice education financing 76

abovethecrowd.com

JUNE 17, 2014

First, they believe that the current offerings from the financial incumbents are lacking. Regulation becomes the friend of the incumbent in highly regulated industries through a process known as regulatory capture. we immediately thought of Wealthfront , the automated investment service started by Benchmark founder Andy Rachleff.

disruption 83

disruption financing finance incumbents 83

TechCrunch

JUNE 9, 2022

Klar experienced a “7x” year-over-year increase in revenue and 4x bump in transaction volume over the same time period, according to Klar co-founder and CEO Stefan Möller. General Atlantic doubled down on Klar , leading its latest financing in addition to its $70 million Series B last July. Also over the past 12 months, Klar added 1.4

incumbents 97

incumbents opportunity financing finance 97

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

AUGUST 16, 2021

It used to be that if you were a fintech startup or, for lack of a better term, a digitally native financial services business, you might be eyeing an acquisition from an incumbent in the industry. But lately, fintech upstarts are the ones doing the acquiring. So what’s going on here?

incumbents 106

incumbents accelerator technology startup 106

Both Sides of the Table

MAY 28, 2018

There’s a quick litmus-test conversation any early-stage VC will have with the founder and it’s one that you should be as prepared for as your elevator pitch. Founder: “$8–10 million” VC: “What’s your current burn rate?” Founder: “$250k / month.” Founder: “Um. Why are you raising so much?” Let me check my plan.”

VC 247

VC capital incumbents financing 247

Both Sides of the Table

MAY 27, 2016

I was asked again in an LP meeting later in the week and then again at a founder breakfast gathering we hosted yesterday. I fall in love with both the founders and the concept. I spend hours thinking about the products, competitors, market opportunities, recruiting and financing of these businesses. I fall in love.”

investing 254

investing investment incumbents culture 254

TechCrunch

MARCH 2, 2021

Crisp , an Amsterdam-based, online-only supermarket focused on fresh produce, has raised €30 million in a Series B financing led by leading Target Global and joined by Keen Venture Partners and the co-founders of Adyen and Takeaway.com. Crisp has now raised a total of €42.5 million to date.

incumbents 100

incumbents board accelerator financing 100

TechCrunch

MAY 19, 2022

I had a catastrophic relationship with incumbent banks.”. In February, Neon raised a $300 million Series D financing that valued the company at $1.6 Every time we hire senior management from incumbents, they ask why we’re not going after premium clients, who might have better margins. We’re a purpose-driven company.

incumbents 86

incumbents financing finance education 86

Andreessen Horowitz

OCTOBER 16, 2023

However, a fear of long sales cycles, heavy compliance requirements, and opaque organizational structures preclude many early stage founders from pursuing this go-to-market channel. If you are working at an incumbent financial institution and interested in the bleeding edge of technology, we’d love to include you in our network.

frameworks 109

frameworks incumbents leadership advice 109

TechCrunch

OCTOBER 1, 2021

million seed financing in the summer of 2020. Menlo also put money in the company’s latest round, in addition to 40 angel investors, including tech unicorn founders and chief financial officers. Their goal was to create a strategic finance platform for the enterprise that had the look and feel of a consumer offering.

financing 98

financing finance incumbents collaboration 98

TechCrunch

JUNE 30, 2021

Ribbit Capital led the financing, which also included participation from DST Global, NFX and Zigg Capital. The company claims that besides having founders that have years of experience at a company with a reach like Zillow’s, they also aim to be different from other competitors in the space in that they are strictly focused on the buyer.

real estate 98

real estate incumbents strategy financing 98

TechCrunch

FEBRUARY 2, 2022

Other backers include Global Founders Capital and a number of high-profile angel investors, such as GGV Managing Partner Hans Tung, ALLVP Partner Antonia Rojas and LaHaus founders Jeronimo Uribe and Tomas Uribe, among others. It also plans to soon offer embedded finance products. So, just how does it work?

enablement 97

enablement startup incumbents transportation 97

TechCrunch

SEPTEMBER 24, 2021

The Long Island-based company was founded in 2019 by Hungryroot co-founder Gregory Harry Struck after he adopted a plant-based diet while battling cancer. “It In fact, of the $348 billion in annual sales generated by the top 25 food and beverage incumbents in the U.S.,

ventures 97

ventures incumbents startup health 97

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 Kennan Davison, an engineer who previously worked at Hulu and Pinterest, founded the startup in April. billion earlier this year after a $227 million raise. .

incumbents 98

incumbents frameworks financing finance 98

TechCrunch

MARCH 2, 2022

million in debt and grant financing from BPI France , the French government’s public investment bank. Susu founders. And in a bid to continue providing affordable and accessible healthcare for its customers in Ivory Coast, Senegal and Cameroon, the Ivorian startup is being backed with $1 million in pre-seed funding.

health 95

health startup consulting incumbents 95

TechCrunch

JANUARY 27, 2022

to select African countries include unicorn Chipper Cash , Lemonade Finance, Zazuu and Sendwave. Their collective bet is that their market will grow over time and eat into traditional incumbents’ share. This is the customer we’re currently serving today as we speak,” founder and CEO Benjamin Fernandes told TechCrunch in an interview.

peer-to-peer 98

peer-to-peer incumbents financing finance 98

TechCrunch

FEBRUARY 10, 2021

Co-founder and CEO Kristy Kim came up with the concept for the company after being rejected multiple times for an auto loan while in her early 20s. Angel and individual investors also put money in the round, including: Backstage Capital founder Arlan Hamilton, ex-Venmo COO Michael Vaughan and James Kim, former head of finance at Tinder. .

incumbents 101

incumbents financing finance accelerator 101

Haystack

DECEMBER 26, 2018

TechCrunch’s Kate Clark has done a round-up of the largest “private VC” rounds of 2018, and there’s a whole other list for just $100M+ financings led by Softbank’s Vision Fund. Speaking of acquisitions — many leaders of larger VC funds have privately given up on the incumbents buying their companies.

opportunity 76

opportunity incumbents VC culture 76