Tech layoffs are still accumulating

Plus, can you predict VC success with Crunchbase data? November 27, 2023 Hi, {NAME}. Efforts to predict the success of startup ventures using data and statistical modeling have been around for a while. But what about turning the tables on VCs? Today, we look at using [Crunchbase]( data to [predict the success of investors.]( Plus, [how high will tech layoffs pile up this year?]( 🏔 [Tech layoffs are still accumulating]( Tech layoffs are stubbornly continuing to pile up. Per [The Crunchbase Tech Layoffs Tracker]( more than 270,000 tech workers in the U.S. alone have lost their jobs since the start of 2022 — and that’s likely an underestimate. See also: [The Crunchbase Tech Layoffs Tracker]( 📈 [Can you predict VC success with Crunchbase data?]( Using [Crunchbase]( and its rich dataset of private company information, investment insights and personal data, guest author [Mason Lender]( sets out to answer the questions: What is success in venture capital, and can you predict a successful VC? 🤔 [Nonprofit startups? Not as strange or ill-fated as you may think]( It’s easy to get the impression that technology startups and nonprofit corporate structures make for a strange and messy combination. In reality, however, tech-focused enterprises that fuse a startup mindset with nonprofit governance aren’t especially unusual. 😱 [CFOs fear down rounds are coming]( While most still have more than a year of runway in the bank, two-thirds of finance execs surveyed by startup data-sharing platform [Startup Snapshot]( are also worried or very worried about their ability to raise their next round of funding. Guest author [Yael Benjamin]( walks through her company’s recent survey results and what they tell us about the health of startup finances right now. [Crunchbase ROI Calculator]( [See the number of new accounts Crunchbase can add to your funnel with our advanced prospecting ROI calculator powered by Crunchbase data.]( [Calculate]( Recent Investments [State Street Corporation]( [$1.5B]( / [Post-IPO Debt]( State Street offers a range of financial services, including investment management, research and trading, as well as asset management. Categories: Banking • Finance • Financial Services [ABB]( [500M EUR]( / [Post-IPO Debt]( ABB provides electrification and automation solutions for various industries. Categories: Automotive • Energy • Energy Management • Industrial Automation • Robotics Investors: [European Investment Bank]( (Lead) [Indy]( [40M EUR]( / [Series C]( Indy offers end-to-end and advanced AI-powered accounting software for freelancers and professionals. Categories: Accounting • Artificial Intelligence (AI) • FinTech • Freelance • Machine Learning Founders: [Adrien Plat]( [Come Fouques]( [Pablo Larvor]( [Romain Koenig]( Investors: [BlackFin Capital Partners]( (Lead), [IXO Private Equity]( [La Maison Partners]( More Fundings Company Amount / Round Lead Investor [TRIVER]( 20M GBP / [Debt Financing]( [Avellinia Capital]( [Scapia]( 1.9B INR / [Series A]( [3STATE Ventures]( [Vendelux]( $14M / [Series A]( [FirstMark]( [All Recent Funding Activity]( Recent Acquisitions [BRIT Systems]( Pending acquisition by [InSiteOne]( for Unknown More Acquisitions Company Acquired By Amount [Hatcher Insurance Agency]( [Gallagher]( Unknown [All Recent Acquisition Activity]( Upcoming Tech Events [Blockchain Economy Summit London]( January 1 - 1, 2024 Blockchain Economy Summit is a blockchain conference network bringing together the key players of the crypto industry. Accelerator Deadlines Date Accelerator Location Dec 1, 2023 [Peachscore]( Los Angeles Dec 1, 2023 [Etheware]( San Diego [More Upcoming Deadlines]( Don’t see your event? Reach out to us at events@crunchbase.com. #{Rails.configuration.daily.cb_url} Discover innovative companies and the people behind them. [Follow Us on Crunchbase]( [View Jobs on LinkedIn]( [Follow Us on Twitter]( [Like Us on Facebook]( 564 Market St, San Francisco, CA 94104 © 2023 Crunchbase Inc. All rights reserved. [Privacy Policy]( | [Terms of Service]( [Unsubscribe]( from Crunchbase Daily.