mr Workflow Review

By pjain      Published June 16, 2020, 2:10 a.m. in blog AI-Analytics-Data   

Instabase

  • Valued at $1.1b end 2019, has a total funding of outsized new financing now totalling $132m, based in SFO
  • Sarah Cannon from Index Ventures, the partner leading the outsized financing round in Instabase

  • Why no appstores exist for SaaS like Apple's appstore, everything was laboriously custom built?

  • Can't a bank buy an app for credit fraud, or for income verifications
  • Strong ability to line up F50 customers - several already paying >$1m/year for product
  • Expanding customer base currently mainly in financial services, to sectors including government, legal, healthcare, retail and logistics.
  • Already operational profitable

  • Founders include

  • Anant Bhardwaj Founder & CEO,
    • PhD dropout@MIT CSAIL
  • Barry Sowerwine, Chief Revenue Officer

Chime

San Francisco-based online banking startup is said to be in talks for a funding round that would value the company at more than $5 b


0 comments

There are no comments yet

Add new comment

Similar posts

EZDevOps, Server Monitoring

IFTTT PRD and Use Cases

goAutomate - AutoSmarts ST4US Private

IFTTT Tech Review