Expensify officially files S-1 as IPO market

Expense management platform Expensify officially filed its S-1 late Friday, joining the parade of enterprise tech companies going public this year. We take a closer look at financials for the company, which has realized significant growth in the first half of this year.

More Updates :

The unfolding global digital transformation presents a huge opportunity for emerging market startups to bring their innovation and tech expertise to the table, writes Luisa Rubio Arribas, head of Telefónica’s digital innovation hub, Wayra X.

Deel, provider of a payroll and compliance platform for companies hiring remote employees, raised $425 million in a Series D round at a valuation of $5.5 billion.

In other news, Germany-based cleantech company Sunfire closed a Series D worth approximately $125 million led by Lightrock and Planet First Partners, with participation from Carbon Direct Capital Management, HydrogenOne Capital and existing shareholders.

The pandemic set in motion a new trajectory for many health tech startups, particularly those nimble enough to respond to a world crisis that confused and broke traditional public health care systems. And while tech’s contribution during the pandemic was a mixed bag of good and bad, those that figured out how to quickly fill the needs of scared residents, governments and companies have been rewarded.

Free trial offers are one of the most common ways SaaS companies find and nurture new customers. Diogo Silva, senior account executive at sales CRM provider Pipedrive, shares a few common mistakes that salespeople make during the free trial period and what they can do to improve their closing rates.

A Crunchbase News analysis shows that as more growth investors compete with VCs in startup investing, firms from the Big Apple are gaining traction. In fact, while Bay Area investors led roughly double the deal volume, that proportion began to change last year—and by 2021 the dollar amounts led by New York-based investors in U.S. startups is close to equal that of Bay Area investors.

Source : Crunchbase