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Top related persons:
Michael Vaughn - 2 Jon Pomerantz - 2 Vera Equity - 2 Rex Salisbury - 2 Dori Yona - 2 SimpleClosure - 2 Yona - 2 VCs - 1
Top related locs:
fintech
Top related orgs:
Cambrian Ventures - 2 Business - 1 PayPal - 1 SimpleClosure - 1 Carta - 1 Wednesday - 1 IRS - 1

Search resuls for: "Vera Equity"


2 mentions found


☆ SimpleClosure just landed more VC funding, and its a sign that another wave of startup shutdowns is likely on the way
  + stars: | 2024-02-27 | by ( Samantha Stokes | ) www.businessinsider.com   time to read: +4 min
Infinity Ventures's Jeremy Jonker, former head of corporate development and PayPal Ventures at PayPal, led the most recent funding round, joining investors including Michael Vaughn and Jon Pomerantz of Vera Equity and Rex Salisbury of Cambrian Ventures. "It's been sign up after sign up after sign up," he told Business Insider in an interview. SimpleClosure's funding round comes as more startups than ever are shutting down thanks to a tech-market downturn that's left plenty of companies in the lurch. 770 startups shut down in 2023, up from 467 the year before, according to data from cap-table management startup Carta. "More than half of our customers have been entrepreneurs who are already starting their next company," Yona said.
Persons: VCs, Jeremy Jonker, Michael Vaughn, Jon Pomerantz, Vera Equity, Rex Salisbury, Dori Yona, SimpleClosure, Yona, he's, couldn't, doesn't, there's, We've, what's Organizations: Business, PayPal, Cambrian Ventures, SimpleClosure, Carta Locations: fintech
☆ Meet the AI company that just raised $1.5 million from investors like Rex Salisbury by betting big on the startup 'mass extinction event'
  + stars: | 2023-09-06 | by ( Samantha Stokes | ) www.businessinsider.com   time to read: +4 min
SimpleClosure just raised a $1.5 million pre-seed funding round from Rex Salisbury and Vera Equity. The startup uses AI to automate the legal and procedural tasks for when a startup shuts down. The startup industry is predicted to be on the brink of a 'mass extinction event.' The numbers weren't looking good for the fintech startup, so one of the investors asked him to write a shutdown proposal. And when a business shuts down, incorrect winding-down procedures can add insult to injury in the form of fines, fees, and mistakes that can also affect customers and investors.
Persons: SimpleClosure, Rex Salisbury, Vera Equity, Earny, Dori Yona, Yona, Michael Vaughn, Jon Pomerantz, haven't Organizations: Wednesday, Cambrian Ventures, IRS Locations: fintech
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