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6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

TechCrunch

And according to David Wechsler, a principal at OMERS Ventures, “having an embedded strategy is not required for venture funding.” He thinks that early use cases may center on customer service, but is certain that more will follow. Who owns health data? The Apple watch, not insurers.

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Spryker raises $130M at a $500M+ valuation to provide B2Bs with agile e-commerce tools

TechCrunch

Businesses today feel, more than ever, the imperative to have flexible e-commerce strategies in place, able to connect with would-be customers wherever they might be. It plans to use the funding to expand its own technology tools, as well as grow internationally. ” The roster includes Metro, Aldi Süd, Toyota and many others.

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Daily Crunch: Months after rejecting a $17B bid, Zendesk sells to private equity group for $10.2B

TechCrunch

Wondermed claims that it is, as do rivals Mindbloom and Fieldtrip Health. That’s what happened this week with Ro , which laid off 18% of its full-time workforce to “manage expenses, increase the efficiency of [its] organization, and better map our resources to [its] current strategy.” Now, you might ask, Is this safe?

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Q3 outlook forecasts cloudy days ahead for fintech M&A

TechCrunch

Bob Ruark, principal and banking and fintech strategy leader for KPMG US, noted that pricing is difficult now given the rapid decline in valuations. Looking ahead, KPMG’s view on the prospects for financial services M&A over the next six to 12 months is mixed. ” Image Credits: Paystand/Yaydoo.

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After a record year for Israeli startups, 16 investors tell us what’s next

TechCrunch

Such an example is Augury from our portfolio that has developed an end-to-end solution to provide manufacturers with early, actionable and comprehensive insights into machine health and performance. How has COVID-19 impacted your investment strategy? How has COVID-19 impacted your investment strategy? Zoomin Software.

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