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. There’s clearly a lot of venture money to be raised — and most tech entrepreneurs happily take it in exchange for equity. David Friend. Contributor. Share on Twitter. More posts by this contributor.

strategy 95

strategy incumbents VC disruption 95

Both Sides of the Table

NOVEMBER 4, 2010

I cannot recommend it enough for people in the technology or media sectors. Many people bandy about the definitions of “disruptive technology&# or “the innovator’s dilemma&# without ever having read the book and almost universally misunderstand the concepts. I’ve characterized it in a chart below.

incumbents 376

incumbents disruption frameworks innovation 376

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. He recalls pre-selling his inventory at a discount in order to get the money to import the goods.

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support financing finance funders 100

TechCrunch

MAY 5, 2022

Valar Ventures led the investment, which brings Neo’s total funding to $234.7 Also participating in the round were Tribe Capital, Altos Ventures, Blank Ventures, Gaingels, Maple VC and Knollwood Advisory. million (CAN $299 million) since its 2019 inception, and values the company at over $784.8

incumbents 97

incumbents networking financing finance 97

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. Clocktower Technology Ventures makes $25M bet on Latin American fintechs. incumbents. “It

incumbents 107

incumbents financing finance ventures 107

TechCrunch

MARCH 4, 2022

The corporate venture capital (CVC) market is booming. With corporate venture fund creation rebounding to near record levels and the value of deals that CVCs participated in soaring, we wanted to look more deeply into why companies are building their own investing arms. But it’s not a pure venture capital story.

capital 83

capital venture capital incumbents creativity 83

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

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

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. Each market has its own regulation and nuances, and legacy providers offer poor technology at expensive prices,” he said.

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financing finance incumbents venture capital 96

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. Saudi-based early-stage venture capital firm RAED Ventures led the round. Almajdouie, the managing partner at RAED Ventures, in a statement.

disruption 99

disruption financing finance venture capital 99

TechCrunch

JUNE 9, 2022

General Atlantic doubled down on Klar , leading its latest financing in addition to its $70 million Series B last July. Prosus Ventures, Quona Capital, Mouro, IFC, Acrew and Endeavor Catalyst also participated in the round. WTI provided $20 million in venture debt, Möller said. I tie it back to complacency from the incumbents.

incumbents 97

incumbents opportunity financing finance 97

TechCrunch

JANUARY 22, 2021

Roger Lee is a general partner at Battery Ventures, based in Menlo Park, CA, who focuses on investments in software and consumer tech, including online marketplaces. Justin Da Rosa is a vice president with Battery Ventures in San Francisco. Contributor. Share on Twitter. More posts by this contributor. Justin Da Rosa. Justin Da Rosa.

real estate 144

real estate incumbents health disruption 144

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.

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startup incumbents financing finance 84

TechCrunch

JUNE 3, 2022

Dave Wechsler leads insurtech investing for OMERS Ventures. Despite serving as the backbone of global growth, insurance lagged the pace of technology adoption enjoyed by other industries. Despite serving as the backbone of global growth, insurance lagged the pace of technology adoption enjoyed by other industries.

incumbents 93

incumbents disruption pitching technology 93

abovethecrowd.com

JUNE 17, 2014

First, they believe that the current offerings from the financial incumbents are lacking. They also believe that today’s technologies, most notably the smartphone, should allow for remarkably simpler one-click paperless transactions that have transaction costs that are a fraction of the status quo. If you look at the graph below, U.S.

disruption 83

disruption financing finance incumbents 83

TechCrunch

JANUARY 27, 2022

During their time at Blend — a 10-year-old publicly traded company whose white label technology powers mortgage applications on the site of banks — Mike Yu and Devon Yang realized that current mortgage infrastructure has not kept up with the pace of change in more digitally native industries. Image Credits: Vesta.

peer-to-peer 97

peer-to-peer incumbents financing finance 97

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

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. But Simon argues that the companies that sell such cards were founded decades ago with very little innovation since.

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founder startup incumbents financing 98

TechCrunch

SEPTEMBER 7, 2021

When it comes to growing that proportion, however, m obile money — based on simpler technology and with an easier onboarding process — wins out, and it is set to capture more market share faster than traditional banking in the region. Neobanking, based on mobile technology too, falls somewhere in the middle of the two). .

investing 124

investing investment incumbents networking 124

TechCrunch

MARCH 21, 2022

When much of the shopping shifted online during the global pandemic, startups developing software and other products to aid the transition began to garner attention from venture capital firms. reported this month that $51 billion of venture capital was invested into U.S. London & Partners and Dealroom.co

capital 89

capital startup enablement incumbents 89

AsiaTechDaily

JANUARY 19, 2023

The fintech company, which was the first to digitize BPR in accelerating the financial inclusion in Indonesia’s tier 2 and tier 3 cities, said that the funding round was led by East Ventures (Growth fund). It was also participated by AlphaTrio Sustainable Technology Fund, Skystar Capital, Sovereign’s Capital, Ozora, and Gobi Partners.

peer-to-peer 54

peer-to-peer incumbents accelerator economic growth 54

Tomasz Tunguz

OCTOBER 21, 2017

Venture capitalists have financed many of those businesses. Those venture dollars have financed a panoply of competition. Incumbent client/server technologies have lost their market dominance to new incumbents. Salesforce was founded in 1999. This sea of SaaS startups have reshaped the market.

SaaS 75

SaaS incumbents financing finance 75

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 8, 2022

Led by Lindsay Holden, the startup had raised more than $20 million in funding and had built a gamified finance mobile app that aims to help people “save, learn and engage” with their finances. Also proof that many financial institutions realize the value of acquiring technology rather than building it out themselves.

real estate 87

real estate financing finance venture capital 87

TechCrunch

OCTOBER 13, 2022

However, it’s not a complete free-for-all, as the company says it uses its own proprietary technology to conduct “extensive checks” on teachers during the sign-up process. government’s own reported school financing data, and established that schools spend around £2 billion ($2.2 Show me the money.

education 90

education incumbents financing finance 90

TechCrunch

NOVEMBER 2, 2022

The startup’s competition includes incumbents like Informatica, IBM, SAP and Oracle, as well as newer rivals such as Collibra , Castor , Stemma , Data.World and Ataccama , all of whom offer tools for classifying and curating data at enterprise scale. The all-equity tranche values Alation at over $1.7 billion and growing toward $11.6

incumbents 86

incumbents collaboration enablement leadership 86

TechCrunch

JUNE 8, 2022

Mubadala Capital led the $100 million equity round, with previous backers EQT Ventures , Felix Capital , Cherry Ventures and Partners of DST Global also participating. Most incumbent banks, and now a fair number of neobanks, target small and medium businesses as customers. It didn’t give actual customer numbers.)

incumbents 89

incumbents capital investing investment 89

TechCrunch

JANUARY 7, 2021

Mambu , a Berlin-based startup that describes itself as an SaaS banking platform — providing, by way of APIs, technology to banks and others to power lending, deposit and other banking products — has closed a round of €110 million (about $135 million at today’s rates). The funding gives Mambu a post-money valuation of €1.7

SaaS 126

SaaS incumbents opportunity disruption 126

TechCrunch

MAY 25, 2022

A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of millions of dollars. As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits.

startup 95

startup accelerator incumbents disruption 95

TechCrunch

FEBRUARY 9, 2021

Using its technology, David Energy tracks both the market price of energy and the energy usage by the buildings it manages. The sands of market power are shifting and incumbents are poorly-positioned to adapt to evolving customer needs, so there’s a massive opportunity for us to capitalize.” .

energy 78

energy incumbents construction financing 78

TechCrunch

JANUARY 15, 2023

Vouch hopes to leverage Level’s expertise in developing underwriting technologies to underwrite and support complex insurance products. ” And this line was the classic motivation for all incumbents buying fintechs: “Why not just bring it in to our platform and get it to customers as quickly as possible?”. I did, too.

incumbents 117

incumbents energy board investing 117

Both Sides of the Table

MAY 28, 2018

Of course the VC is looking to have specificity in how you plan to spend the money you’re going to raise and plans that show a pie chart that says, “25% on marketing, 30% on technology and R&D, 20% on infrastructure, 25% on G&A” do not get funded. So it’s incumbent on you to know what a smart business plan and use of cash looks like.

VC 247

VC capital incumbents financing 247

TechCrunch

JANUARY 30, 2022

It’s an incredible time to be a financial technology journalist. Besides the fact that over 20% of all venture dollars last year went into fintech startups , I am particularly excited about the many ways that this technology is helping boost inclusion all over the world. Welcome to my new weekly fintech-focused column.

incumbents 136

incumbents SaaS angel investing ventures 136

TechCrunch

JANUARY 22, 2023

Snafus can happen even when incumbents and fintechs partner. Nihar Bobba has “dipped” out of Wharton to join fintech-focused venture firm Better Tomorrow Ventures as a principal, according to this tweet. He had been a venture partner there since last March, according to his LinkedIn profile.

incumbents 105

incumbents media ventures financing 105

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 Ascend app. Brokers are here to stay,” he added.

financing 83

financing finance incumbents disruption 83

TechCrunch

SEPTEMBER 30, 2022

Notably, Metromile saw its valuation decline over 85% and was subsequently acquired by peer Lemonade , and it hasn’t been alone in losing a lot of value and being eyed by peers and incumbents. To take the pulse of all things insurtech, we spoke with: Martha Notaras , general partner, Brewer Lane Ventures.

peer-to-peer 92

peer-to-peer sustainability ventures incumbents 92

TechCrunch

APRIL 28, 2021

This requires more sophisticated technology. The round was led by Balderton Capital, alongside existing investors Coparion, Venture Stars and Signature Ventures, as well as an undisclosed investor. Institutions need to keep their crypto assets somewhere. Finoa , has closed a $22 million Series A funding round, to do just that.

capital 79

capital incumbents innovation accelerator 79