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

TechCrunch

He thinks that early use cases may center on customer service, but is certain that more will follow. Every time a big name enters insurance, there is always a mix of skepticism from incumbents and a reminder that change is needed. And their huge customer base could be a competitive edge. That’s a very good question.

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

TechCrunch

It plans to use the funding to expand its own technology tools, as well as grow internationally. Spryker’s argument is that by being a newer company (founded in 2018) it has a more up-to-date stack that puts it ahead of older startups and more incumbent players like SAP and Oracle.

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

TechCrunch

Overall, local investors cited the country’s focus on global markets from day one, general support from the Israeli government and deep relationships with Silicon Valley and other global tech centers as additional factors that are powering it forward today. This can be professional, personal or a mix of the two. Zoomin Software.

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Extra Crunch roundup: StockX EC-1, Early Stage recaps, unpacking Alkami’s IPO, more

TechCrunch

Use discount code ECFriday to save 20% off a one- or two-year subscription. The competition intensified further last year when American incumbents Beyond Meat and Eat Just entered China. LG continued pushing envelopes — albeit to mixed effect. Thanks very much for reading — I hope you have a fantastic weekend. Walter Thompson.

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Extra Crunch roundup: Fintech stays hot, Brex doubles, and startup IRR is up all over

TechCrunch

The data is based on a sample of 2,500 companies that have used AngelList to syndicate deals from 2013 through 2020. With the Coinbase direct listing behind us and the Robinhood IPO ahead, it’s a heady time for consumer-focused trading apps. What can we do to support her? Image Credits: Nigel Sussman (opens in a new window).

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Tile secures $40 million to take on Apple AirTag with new products

TechCrunch

The company has been a longtime leader in the lost item finder space, offering consumers small devices they can attach to items — like handbags, luggage, bikes, wallets, keys, and more — which can then be tracked using the Tile smartphone app for iOS or Android. “We felt this was the right mix of capital choice for us.”

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Founded by Google’s former head of ads, Neeva brings its ad-free search engine to Europe

TechCrunch

market in June last year , later going on to add a free “basic” tier to the mix with certain restrictions in place. By default, Neeva uses a person’s IP address to “infer” where the user is, though based on my tests, it was several hundred miles off. France and Germany. Neeva search engine. Tripadvisor.

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