Category: SaaS

Investors have flipped their weighting of growth versus profitability

Rational or not, public markets are where consensus gets formed on how much listed companies are worth, impacting the value of private companies in the process. But in a downturn, such as the one everyone suddenly agreed we are going through, that consensus can shift quickly. Most of the stock fluctuation tends to hit public […]

Boldstart Ventures has two new funds to plug into teams with an idea and little else

Boldstart Ventures, a seed- and early-stage venture firm that markets itself as a “day one partner for developer first, crypto infrastructure and SaaS founders,” has closed on two new funds roughly 14 months after announcing its last two funds. The firm — which began in New York with a $1 million proof-of-concept fund in 2010 […]

Faster ML models, crypto M&A, and what’s ahead for on-demand pricing

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. It’s Monday, which means that Alex and Grace were back as a team to cover the biggest, boldest and baddest technology news. We are once again back with your weekly kickoff! Here’s what we got into: More […]

SWVL plans to lay off 32% of its team two months after going public

Egypt-born and Dubai-headquartered mobility startup SWVL is planning to lay off 32% of its workforce, it said in a statement today. The company’s LinkedIn profile shows it has over 1,330 employees. Letting go of over 30% of its workforce means that around 400 people will lose their job at the mobility company. Tech companies, private […]

Actiondesk is a spreadsheet tool that works with live data

Actiondesk is a new spreadsheet solution for the software-as-a-service era. It connects with the databases, CRMs and SaaS tools that you already use so that you can build dashboards and generate reports without having to manually import data. The startup raised a $3.9 million seed round from Tiger Global, Bling Capital, Y Combinator, Speedinvest, FundersClub, […]

Latch, a proptech meets SaaS play, conducts two consecutive weeks of layoffs

Latch, a proptech smart lock company that raised $152 million in known private capital before debuting on the stock market through a SPAC last year, is conducting another round of layoffs. Earlier this month, the startup cut 30 people, or 6% of its total staff, per an email obtained by TechCrunch. Now, as confirmed by […]

Block rival SpotOn lands $300M at $3.6B valuation after doubling ARR last year

Payments and software startup SpotOn has closed on $300 million in a Series F financing that values the company at $3.6 billion. Dragoneer Investment Group led the latest round, which included participation from existing backers Andreessen Horowitz (a16z), DST Global, Franklin Templeton and Mubadala Investment Company, as well as new investor, G Squared.  The investment […]

Palette sells a sales commission tool for modern sales teams

Meet Palette, a software-as-a-service startup that is going to be particularly interesting if you’re also running a software-as-a-service startup. The company has built a modern tool to design, manage and optimize sales commission plans for your internal team. Earlier this year, the startup raised a $6 million funding round led by Bain Capital Ventures. Liquid […]

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