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Sedric monitors the communications of employees at financial institutions to ensure compliance
For financial institutions, complying with regulations is becoming a costlier proposition. According to a recent poll, 76% of financial services firms increased their compliance expenditure from 2022 to 2023, with most blaming new laws. With the cost of compliance averaging out to around $10,000 per employee these days, many firms are searching for ways to
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For financial institutions, complying with regulations is becoming a costlier proposition. According to a recent poll, 76% of financial services firms increased their compliance expenditure from 2022 to 2023, with most blaming new laws. With the cost of compliance averaging out to around $10,000 per employee these days, many firms are searching for ways to […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Reonic raises €13 million to help small installers of green tech like heat pumps and solar panels
European regulators are pushing hard for greener energy. The REPowerEU plan calls for 10 million additional heat pumps to be added by 2027, and solar panels are also on the rise. But most installations are done by small businesses that could be more productive with better work processes. This is where German startup Reonic comes
© 2024 TechCrunch. All rights reserved. For personal use only.
European regulators are pushing hard for greener energy. The REPowerEU plan calls for 10 million additional heat pumps to be added by 2027, and solar panels are also on the rise. But most installations are done by small businesses that could be more productive with better work processes. This is where German startup Reonic comes […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Those ‘Founder mode’ memes keep coming
If you spend time on X or Threads, where snarky memes rise and fall, you’ve probably seen posts referencing “founder mode” over the last few days, like this: https://www.threads.net/@carnage4life/post/C_eaQAxyIcV Or maybe this: You may even have seen this parody about “goblin mode.” The chatter ties to a recent blog post that Y Combinator founder and
© 2024 TechCrunch. All rights reserved. For personal use only.
If you spend time on X or Threads, where snarky memes rise and fall, you’ve probably seen posts referencing “founder mode” over the last few days, like this: https://www.threads.net/@carnage4life/post/C_eaQAxyIcV Or maybe this: You may even have seen this parody about “goblin mode.” The chatter ties to a recent blog post that Y Combinator founder and […]
© 2024 TechCrunch. All rights reserved. For personal use only.
E-bike maker Cowboy raises a small funding round as it targets profitability next year
Cowboy has closed funding of around $5.5 million. With this recent funding round, Cowboy is now valued at €40 million on a pre-money basis.
© 2024 TechCrunch. All rights reserved. For personal use only.
Cowboy has closed funding of around $5.5 million. With this recent funding round, Cowboy is now valued at €40 million on a pre-money basis.
© 2024 TechCrunch. All rights reserved. For personal use only.
Paylocity is acquiring corporate spend startup Airbase for $325M
HR and payroll software company Paylocity has agreed to acquire corporate spend startup Airbase for $325 million, the companies announced Wednesday. The deal is subject to regulatory approval and is expected to close in the first or second quarter of Paylocity’s fiscal year, which would be sometime in the next 30 to 60 days. It
© 2024 TechCrunch. All rights reserved. For personal use only.
HR and payroll software company Paylocity has agreed to acquire corporate spend startup Airbase for $325 million, the companies announced Wednesday. The deal is subject to regulatory approval and is expected to close in the first or second quarter of Paylocity’s fiscal year, which would be sometime in the next 30 to 60 days. It […]
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Ryan Breslow’s lofty $450M Bolt deal is in trouble
Ryan Breslow’s plan to get himself re-installed as CEO of fintech company Bolt — and push through a $450 million fundraising deal that would value the startup at a staggering $14 billion — has apparently stalled. According to Forbes, Breslow sent an email to shareholders thanking them for signing off on the deal. The problem is that many
© 2024 TechCrunch. All rights reserved. For personal use only.
Ryan Breslow’s plan to get himself re-installed as CEO of fintech company Bolt — and push through a $450 million fundraising deal that would value the startup at a staggering $14 billion — has apparently stalled. According to Forbes, Breslow sent an email to shareholders thanking them for signing off on the deal. The problem is that many […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Mayfield allocates $100M to AI incubator modeled after its entrepreneur-in-residence program
Mayfield is launching AI Garage, a $100 million initiative for ideation-stage founders interested in building “AI teammate” companies.
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Mayfield is launching AI Garage, a $100 million initiative for ideation-stage founders interested in building “AI teammate” companies.
© 2024 TechCrunch. All rights reserved. For personal use only.
Students and recent grads: Only 3 days left to save on TechCrunch Disrupt 2024 Student Passes
Time is running out to take advantage of our Student Pass discount for TechCrunch Disrupt 2024. Students and recent graduates can still save up to $200 until September 6 at 11:59 p.m. PT. With classes back in full swing and the job market tougher than ever for recent grads, we know how tight money can
© 2024 TechCrunch. All rights reserved. For personal use only.
Time is running out to take advantage of our Student Pass discount for TechCrunch Disrupt 2024. Students and recent graduates can still save up to $200 until September 6 at 11:59 p.m. PT. With classes back in full swing and the job market tougher than ever for recent grads, we know how tight money can […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Ilya Sutskever’s startup, Safe Superintelligence, raises $1B
Safe Superintelligence (SSI), the AI startup co-founded by former OpenAI chief scientist Ilya Sutskever, has raised over $1 billion in capital from investors including NFDG (an investment partnership run by Nat Friedman and SSI CEO Daniel Gross), a16z, Sequoia, DST Global and SV Angel. SSI told Reuters that it plans to use the round to
© 2024 TechCrunch. All rights reserved. For personal use only.
Safe Superintelligence (SSI), the AI startup co-founded by former OpenAI chief scientist Ilya Sutskever, has raised over $1 billion in capital from investors including NFDG (an investment partnership run by Nat Friedman and SSI CEO Daniel Gross), a16z, Sequoia, DST Global and SV Angel. SSI told Reuters that it plans to use the round to […]
© 2024 TechCrunch. All rights reserved. For personal use only.
DubClub wants amateur sports betters to win more
The American sports betting market produced $10.9 billion in revenue in 2023 for casinos, sportsbooks and iGaming, according to the American Gambling Association. One of the reasons this industry is so lucrative is because the majority of people who bet on sports lose. A three-year-old San Francisco-based startup called DubClub is trying to change that.
© 2024 TechCrunch. All rights reserved. For personal use only.
The American sports betting market produced $10.9 billion in revenue in 2023 for casinos, sportsbooks and iGaming, according to the American Gambling Association. One of the reasons this industry is so lucrative is because the majority of people who bet on sports lose. A three-year-old San Francisco-based startup called DubClub is trying to change that. […]
© 2024 TechCrunch. All rights reserved. For personal use only.