SaaS goes to space as some software startups are in a race to survive
This week on Equity, Simply Homes raised $22 million for an interesting property play, SoftBank bought majority share of connected-vehicles company Cubic Telecom, and OurSky raised $9.2 million for its space-viewing software system. The crew also parsed through troubles in Fintech from ZestMoney and Navan and how tech earnings are sending mixed signals to startups and VCs.
Equity · TechCrunch, Rebecca Bellan, Kirsten Korosec, Anthony Ha, Sean O'Kane, Theresa Loconsolo
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Show Notes
This week Mary Ann Azevedo, Kirsten Korosec, and Alex Wilhelm gathered to hash out the news over some coffee and good times. Here’s what the gang got into today:
- Deals of the Week: Simply Homes raises $22 million for an interesting property play, SoftBank buys majority share of connected-vehicles company Cubic Telecom, and OurSky raises $9.2 million for its space-viewing software system.
- Troubles in Fintech: With ZestMoney shutting down, and layoffs at Navan (fka TripAction) it seems that fintech is not out of the woods yet. That said, Alex has some notes on enthusiasm in one area of financial technology.
- What’s up with software? TechCrunch coverage of tech earnings is leading to a mess of mixed signals for startups, and VCs to interpolate; are valuations rising again, or will 2023 end as it began? For more on the software market today, head here.
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Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.
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