B2B sales closing and financing platform Vartana raises $12M
The software-as-a-service (SaaS) industry is facing budget constraints and reductions in headcount as a result of the pandemic and the broader slowdown in tech. Companies have tightened up their budge
Modernizing the live music industry with Mir Hwang from GigFinesse
Welcome back to Found, where we get the stories behind the startups. This week Darrell and Becca are joined by GigFinesse co-founder and CEO Mir Hwang. Mir talks about how his struggles to book music
Solo GP Nichole Wischoff raises $20M fund backed by Peter Thiel to invest in ‘unsexy businesses’
Wischoff Ventures closed a second fund of $20 million that will be 'leaning in heavily on B2B.'
One Peak scales up and closes $1B fund aimed at European and Israeli growth rounds
There’s a prevailing logic (or you might say hope) in tech that says there is no better time to invent and invest than when the market appears to be in a bad place. With companies like Google an
Early Light Ventures plots a second, $15M fund for software ‘underdogs’
With a stated mission to “back the underdogs that traditional VC has overlooked,” early-stage investor Early Light Ventures has secured at least $10.6 million toward its next fund, TechCru
OatFi secures capital to power BNPL services for SMBs
The buy now, pay later (BNPL) market was once seen as a bulletproof investment, given the meteoric rise of players like Klarna and Afterpay during the pandemic. But increased scrutiny over the busines
Sequence orders up $19M led by a16z for a new approach to B2B fintech
When it comes to fintech, consumers have commanded the most attention in the last decade, with banking, credit, investing and other legacy services getting the disruption treatment. But at the same ti
7 AI startups that stood out in YC’s Summer ’22 batch
Y Combinator (YC) hosted a demo day for its 2022 Summer Cohort. Featuring founders from 30 countries and startups across sectors, the day saw no shortage of compelling pitches.
Nektar.ai exits stealth mode to plug CRM data leakages
A lot of important data gets lost along the sales pipeline because sales teams use multiple tools, including email, Zoom and WhatsApp, to talk with buyers. Nektar.ai wants to solve the problem of data
Mastering the B2C2B game: 6 lessons to learn before you launch
Launching a B2B product within a B2C company presents distinct challenges as you attempt to strike a balance between successfully establishing a new product and maintaining your original business.
Nigerian B2B e-commerce platform Omnibiz raises millions to gain and retain retail customers
Africa’s informal retailers supply most of the continent’s population with a broad range of consumer goods and generate over $1 trillion in sales annually. However, troubles with outward inefficie
Walmart’s last-mile delivery service, Walmart GoLocal, tops 1M deliveries in year one
Walmart’s last-mile delivery service business, Walmart GoLocal, has topped 1 million deliveries in its first year, the retailer today revealed. The company offered a brief update on the state of
Kontempo lands fresh capital amid the boom for B2B BNPL
Kontempo, a startup offering buy now, pay later (BNPL) and interest-free installment plans to business-to-business (B2B) customers, today announced that it raised a $30 million seed round in a mix of
Fairbanc provides BNPL for micro-merchants in Indonesia
“Buy now, pay later” (BNPL) startups have gained traction by targeting consumers, but BNPLs for businesses are also starting to take off. One example is Fairbanc, which is based in Singapore but f
Dutchie Pay wants to help you stop paying in cash for your cannabis
Dutchie Pay is a payment solution designed for the very specific requirements of the legal cannabis market in the U.S. but also indicative of the wider problems faced by cash-based businesses.
Selling to startups is not the same as selling to SMBs
Brex's recent decision to exit part of the SMB market was big news. In this context, we want to talk about just what an SMB is and how not all small accounts are the same.
Kenya’s Jumba bags $1M to help operators of hardware stores restock seamlessly
The construction industry in Kenya is so big that it is among the few globally that expanded amidst the COVID lockdowns of 2020. And it is not showing any signs of slowdown with the country’s data a
Fashinza, a B2B supply chain marketplace for fashion brands, raises $100M
The pandemic has majorly affected the global supply chain, with 60% of U.S. adults in an August 2021 Gallup survey saying that they’ve been unable to get a product they wanted in the past two mo
Citi backs Crowdz, a Pipe competitor that just raised $10M for its blockchain-powered invoice financing marketplace
Pipe competitor Crowdz raises $10M for its blockchain-powered invoice financing marketplace.
Reveal raises $50M to espouse the benefits of partner ecosystems
Business-to-business (B2B) companies are generating an increasing percentage of their revenue through partner ecosystems. In a 2018 Accenture survey, 76% of business leaders said that current business