Startups information: what happened in October
Here are October information.
Amazon will receive payments through Venmo, a mobile settlement service owned by PayPal since 2013, by Black Friday on Nov. 25. Venmo is a mobile payments platform that allows users to split bills. Shares in PayPal jumped by 7% following Amazon’s announcement.
During its returns call, Google CEO Sundar Pichai highlighted its Cloud segment, and newly acquired cybersecurity firm Mandiant, as the business’s priority. Google Cloud’s annual run rate reached $27.5B. “The long-term trends that are driving cloud adoption continue to play an even stronger role during doubtful macroeconomic times,” said Pichai.
WATI ($23M) is a wrapper (back CRM) around the management of messages and features in Whatsapp and powered by WhatsApp Business API. WATI capabilities include: shared throng inbox, broadcast & bulk messages, custom notifications, API for developers. Interactions can be automated through low-code workflows, and connected to e-commerce platforms and CRMs. It has many integrations such as Shopify, WooCommerce, Hubspot or Zoho plugins, No Code chatbot constructor. There are solutions for Ecommerce, Healthcare, EdTech, Sales and marketing teams. The platform includes a collaborative throng inbox used by multiple agents and features like intelligent routing, canned responses, data tagging and analytics.
Nolk ($21.70M) finds growing, direct-to-buyer businesses and helps them scale to greater achievement. The core of the business is GeniusWire™ data platform that analyses millions of eCommerce websites, delivering act metrics and analytical insights with unprecedented specific. Launched in 2018 by experienced entrepreneurs, nolk strives to assist the modern household discover and use attractive, sustainable products through a financing collection of appealing environmentally conscious brands, proprietary technology to back their growth, and throng synergies.
Banyan ($43M) is a cloud-based storage of receipts for purchases with item details, and works through a Banyan API call on the seller’s side. In order for other companies to receive information about purchases, they must also use the Banyan API. The first type of Banyan customers are merchants who can:
- provide your customers with more detailed information about their purchases in their applications
- conduct a more detailed analysis of the purchasing behaviour of their customers
- propose them more personalised special offers tailored to their favourite brands and the types of items they frequently buy
The second type of clients are banks and fintech companies of “embedded finance”.
Kudos ($7M) will assist you choose a card for settlement, with which you can get the most liquid assets back, points and other bonuses on the seller’s website. There is a plugin for the Chrome browser. In addition, by analysing the history of purchases, the assignment will commence to advise which recent card you should get in order to receive more rewards. The Kudos plugin is compatible with over 1 million merchant websites and maintains an up-to-date database of conditions and rewards for 3,000 financing cards. The recent business claims that with their plugin, the average shopper returns over $750 in rewards per year.
Beebs ($5.86M) buys and sells second-hand products around childhood: more than 1 million second-hand bargains.
ShoprTV ($1.80M) is an app-based platform for live and interactive shopping. All product cards are changed by short video cards
Merge ($55M) to back CRM tools and assignment management. The business expanded its integration back beyond the HR, recruiting and payroll systems it launched with to now back CRM tools, as well as assignment management and ticketing systems.
Bilt Rewards ($150M) works with some of the country’s largest multifamily owners and operators to make loyalty programs and a co-branded financing card for property renters, entered unicorn position. The business’s loyalty program and settlement platform was rolled out to more than 2.5 million apartment units across the country so far. Users can earn points and enhance their financing by simply paying rent each month. Bilt’s points can be used in 12 loyalty programs, including major airlines, hotels, trip, fitness classes, Amazon.com purchases, financing toward rent or a upcoming downpayment.
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