TechCrunch

MAY 3, 2022

Last quarter, UiPath grew its revenue by 39%, so “the company fits neatly into the high-growth SaaS bucket,” wrote Ron and Alex Wilhelm. “They are the strongest company in the segment and well financed in this growing market,” said Forrester analyst Craig Le Clair. H1 2022 cybersecurity product-led growth market map.

pitching 84

pitching SaaS incumbents ventures 84

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

JANUARY 26, 2022

Polly, a SaaS technology startup aiming to “transform” the mortgage capital markets, announced today that it has raised $37 million in a Series B funding round led by Menlo Ventures. The latest financing brings the San Francisco-based startup’s total funding raised to $50 million.

incumbents 78

incumbents financing finance SaaS 78

TechCrunch

FEBRUARY 2, 2021

TrustLayer , which provides insurance brokers with risk management services via a SaaS platform, has raised $6.6 Abstract Ventures led the financing, which also included participation from Propel Venture Partners, NFP Ventures, BoxGroup and Precursor Ventures. million in a seed round.

data analysis 89

data analysis incumbents hospitality construction 89

TechCrunch

OCTOBER 1, 2021

million seed financing in the summer of 2020. Their goal was to create a strategic finance platform for the enterprise that had the look and feel of a consumer offering. So Singh ended up assembling a 10-person “shadow finance and ops team” to get “the right information at the right time.”. Talk about validation.

financing 98

financing finance incumbents collaboration 98

TechCrunch

JANUARY 27, 2022

And today, Yu and Yang’s new company, San Francisco-based Vesta , is announcing it has raised $30 million in Series A financing led by Andreessen Horowitz (a16z) with participation from new investor Zigg Capital. ” “This is very contrary to the incumbents,” Yu told TechCrunch. “We

peer-to-peer 97

peer-to-peer incumbents financing finance 97

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. The company is able to show what kind of financing can be obtained based on the amount of data customers provide.

support 100

support financing finance funders 100

TechCrunch

FEBRUARY 2, 2022

It also plans to soon offer embedded finance products. Additionally, Melonn works with a range of transportation providers, including incumbents such as FedEx or DHL and last-mile startups, to reduce shipping times and costs. . And in January, fulfillment is up 20% compared to November of 2021. So, just how does it work?

enablement 97

enablement startup incumbents transportation 97

TechCrunch

MARCH 21, 2022

We’ve seen companies across the e-commerce infrastructure and enablement ecosystem pick up larger and larger rounds, and CommerceIQ is the latest to secure late-stage financing. Here are just a few we’ve seen just this month: Akeneo, focused on product experience and information management, brought in $135 million in Series D financing.

capital 89

capital startup enablement incumbents 89

Tomasz Tunguz

AUGUST 27, 2015

Much has been written about the consumerization of IT , the movement fueling many SaaS startup’s growth by targeting individuals in a target customer called B2C2B , rather than selling top down. While sales and marketing top the list, finance, engineering and HR also buy software this way. This is a fundamental shift.

SaaS 40

SaaS incumbents collaboration financing 40

TechCrunch

JULY 12, 2022

With a large population, Pakistan is geographically smaller, well-connected with fewer provinces, has lower regulatory barriers and doesn’t have strong incumbents,” Khurshid, who is originally from Pakistan, said via email. This allows Pakistani startups to scale faster throughout the country and expand into other markets.”.

venture capital 92

venture capital VC capital ventures 92

Y Combinator

AUGUST 30, 2021

The emergence of SaaS business models has further set the stage for companies like Gusto to transform SMB operations. In the long run, software platforms have the potential to be much larger than traditional incumbents. Incumbents relied primarily on sales teams, which Gusto suspected actually limited their reach among SMBs.

incumbents 87

incumbents peer-to-peer health opportunity 87

TechCrunch

JUNE 29, 2022

April users connect their payroll, bank statements, mortgage, prior year’s tax return and other finance apps to the platform and then tell April about significant tax events over the past year (e.g., ” Countless vendors offer online tax prep services, including incumbents like TurboTax and H&R Block. moving to another state).

incumbents 87

incumbents financing finance advice 87

TechCrunch

JANUARY 30, 2022

As these technologies proliferate in everyday life, we’ll witness the advent of the Internet of Payments …Together, sooner than you might think, the newcomers will unseat the incumbents. Seriously, the extent at which this company shares the details of its finances is something to be admired and we wish all startups would follow suit.

incumbents 136

incumbents SaaS angel investing ventures 136

TechCrunch

SEPTEMBER 15, 2021

million seed round to further its insurance payments platform that combines financing, collections and payables. Ascend is offering point-of-sale financing to enable insurance brokers to break up those commercial payments into monthly installments. Ascend on Wednesday announced a $5.5 Brokers are here to stay,” he added.

financing 83

financing finance incumbents disruption 83

Tomasz Tunguz

FEBRUARY 10, 2018

The SaaS wave of the last ten years optimized intra-company operations. Workflows for sales, marketing, product and finance. Blockchain companies are striving to identify where this novel technology will dislocate incumbents, dislodge budgets and create massive businesses. Where will decentralized software applications thrive?

SaaS 74

SaaS incumbents enablement financing 74

TechCrunch

JANUARY 29, 2021

Enterprise SaaS company Latch makes keyless entry systems; Sunlight Financial helps consumers finance residential solar power installations. For four years running, the S&P 500 and incumbent financial services companies have been outperformed by companies like Afterpay, Square and Bill.com.

VC 107

VC founder media education 107

TechCrunch

AUGUST 7, 2022

Just one week after closing on its acquisition of Metromile (and laying off about 20% of the latter company’s staff), Lemonade announced on August 4 that it has sold Metromile’s enterprise business solutions unit, a SaaS-based claims automation and fraud detection product, to EIS. Well, that was fast! from the previous quarter” to $24.1

real estate 106

real estate VC mix-use opportunity 106

TechCrunch

APRIL 8, 2022

Today’s investment showcases, if anything, how important Axie’s precedent is to the development of the broader ecosystem – and how willing VCs and crypto incumbents are to bend over backward to make sure it succeeds.”. What the Binance bailout of Axie Infinity means for crypto’s future.

transportation 88

transportation venture capital incumbents hospitality 88

Entrepreneur's Handbook

APRIL 25, 2022

I ended up taking a job at a SaaS startup called Troops after graduating, but I had already been orange-pilled back in 2017. ETH killers, BTC killers and all kinds of other projects with lofty promises and ambitious roadmaps to build better blockchains than the incumbents. But newbie or not, I was converted. The 2020 Effect?—?Institutional

real estate 82

real estate incumbents investing investment 82

TechCrunch

SEPTEMBER 22, 2022

Nurasyl Serik and Volodymyr Fedoriv started Remofirst in 2021 to open up that option to more businesses with a SaaS offering they say is more cost-efficient, quicker and comprehensive than what currently exists. Mouro Capital and QED Investors co-led the financing, which included participation from Counterpart Ventures.

incumbents 90

incumbents SaaS capital health 90

TechCrunch

APRIL 14, 2022

But Amy Spurling, the CEO of Compt, makes the case that incumbent solutions are overly reliant on vendor marketplaces or benefits cards, which limit the ways in which employees can use their perks. Spurling was previously the COO and CFO at Jana, a mobile advertising company, where she managed HR and finance teams.

incumbents 87

incumbents transportation support financing 87

TechCrunch

APRIL 3, 2022

billion in an all-stock deal that was a reflection of its continued push into consumer finance. It also noted that Goldman’s intent to buy NextCapital “follows several moves by multiline incumbents (e.g. TechCrunch last reported on Fast in January of 2021, when the startup raised a $102 million Series B financing led by Stripe.

startup 110

startup financing finance incumbents 110

TechCrunch

OCTOBER 19, 2021

But along with that, we have also seen a related surge in funding into companies that provide the infrastructure that financial institutions — incumbents and fintechs alike — need in order to operate faster and more competitively. As a SaaS business, Pismo mostly makes money by charging transaction fees.

incumbents 96

incumbents financing finance technology 96

Tomasz Tunguz

MAY 18, 2017

As the number of SaaS applications has exploded, the SaaS ecosystem is responding to data fragmentation with middleware. Finance teams are increasingly using more software, everything from purchase order management to sales forecasting to financial planning and analysis to accounts payable optimization. And HR/recruiting.

SaaS 40

SaaS incumbents creativity collaboration 40

TechCrunch

SEPTEMBER 8, 2022

And as financial services proliferate across Nigeria and the rest of Africa just like the rest of the world, it’s logical that upstarts offering neobank and embedded finance services rely on BaaS platforms such as Anchor — a startup in this batch — to launch quickly.

startup 81

startup incumbents accelerator financing 81

TechCrunch

MAY 15, 2022

Heron joined Petal last year as head of engineering and has over two decades of experience in technology and finance, including 10 years at Microsoft serving in engineering and product roles. But he almost didn’t, when he had trouble securing the necessary financing to pay his tuition. Funding and M&A.

financing 83

financing finance enablement venture capital 83

TechCrunch

FEBRUARY 17, 2022

While incumbents have pioneered various enterprise resource planning (ERP) systems to digitize these processes, companies would still get four to five different software platforms to complete multiple tasks. They are electronic yet manual processes that make their work very inefficient. More than 3,000 users also utilize its software.

incumbents 80

incumbents transportation collaboration consulting 80

TechCrunch

NOVEMBER 2, 2022

They raised another $3 million in May of this year and today Intus is announcing a $14 million Series A financing led by Deerfield Managementm, with participation from existing backers Jumpstart, Nova and Collab Capital. The startup operates as a SaaS business and its customers are the organizations providing care.

health 95

health incumbents enablement SaaS 95

Tomasz Tunguz

JANUARY 18, 2023

Rippling sells about 13 products for information technology teams, finance teams, & human resources teams like mobile device management, payroll, & talent management. In the first two decades of cloud, Parker argues startups built superior point solutions to compete against the distribution might of on-prem incumbents.

strategy 115

strategy SaaS incumbents startup 115

TechCrunch

JANUARY 16, 2021

He said that old valuation models at banks presumed that software companies’ growth would go to zero over time, and that profits would be rare among SaaS concerns. M1 Finance , a fintech startup that brings together lots of pieces of the fintech playbook into a single service, reached $3 billion in assets under management (AUM) this week.

incumbents 128

incumbents financing finance SaaS 128

TechCrunch

DECEMBER 5, 2020

Now we’re very much a data-driven, thesis-driven outbound firm, where we’re reaching out to entrepreneurs soon after they’ve started their companies or gotten seed financing. I think that’s what’s required to build a relationship and the conviction, because financings are happening so fast.

education 113

education frameworks SaaS incumbents 113

Tomasz Tunguz

JANUARY 16, 2017

Most SaaS companies dream of attaining the $100M ARR mark. I couldn’t validate that this is the largest contract ever signed by a SaaS company, but if it is not the largest, it is most certainly the top 5. trillion worth of classical software market capitalization available to shift to SaaS. SAP lost the bid.

SaaS 40

SaaS incumbents creativity financing 40

Y Combinator

APRIL 26, 2021

Even with $125K from YC and $1–2M in venture funding, a startup’s credit limit is still likely to tap out at $20K from an incumbent creditor—which is not nearly enough to cover software, marketing, and other expenses. ecommerce, SaaS, marketplaces) and verticals. incumbent offerings which only offered end-of-month reconciliation).

incumbents 124

incumbents financing finance enablement 124

TechCrunch

JANUARY 16, 2021

SaaS models and cloud technologies have eliminated some of the barriers for Israeli companies and enable companies to quickly set up and set up a proof of concept. Any area that needs to compete both with incumbents and also a set of already successful “new age” companies that made the first step of meaningful disruption.

startup 141

startup mix-use SaaS advice 141

TechCrunch

APRIL 29, 2021

Phil Edmondson-Jones is a principal at Oxx , the specialist SaaS VC backing Europe and Israel's most promising B2B SaaS businesses at the scale-up stage. The insurance market is enormous, but the sector has suffered from notoriously poor customer experience and major incumbents have been slow to adapt. Phil Edmondson-Jones.

incumbents 98

incumbents SaaS health VC 98

TechCrunch

APRIL 3, 2023

For instance, incumbent streaming databases solve many problems far beyond what Dozer offers, which is all about serving real-time data updates and APIs in a single product. Gudapuri said that Dozer “takes an opinionated approach,” one that tackles very specific problems and no more.

development 84

development incumbents SaaS financing 84