N26, OneLogin, Wework, Vena Solutions and TaxJar
Bull run continues for North American startup funding
Funding for North American startups rose across all stages both quarter-over-quarter and year-over-year, with 2018 delivering the highest projected annual totals in the history of the Crunchbase dataset. Exits, meanwhile, were less impressive.
Banking startup N26 raises $300M
N26, a Berlin-based fintech startup that lets users quickly open bank accounts and receive cards, has raised $300 million in a new Series D round. Insight Venture Partners and Singapore’s GIC led the financing, which values the six-year-old company at $2.7 billion.
OneLogin secures $100M
San Francisco-based OneLogin, an access management-focused security company, closed on $100 million in a new growth financing round led by Greenspring Associates.
How WeWork adds up
WeWork has banked nearly $13 billion since its inception in a bid to become the go-to provider for workspace, housing, and more. A giant cash infusion from SoftBank adds fresh funding to its coffers, though profitability remains elusive.
How to sell a technical product without drowning people in jargon
Salespeople often forget to identify a customer’s pain point when selling a technical product and instead get wrapped up in the nitty-gritty details. If you want to sell a technical product without all the unnecessary jargon, here’s how to go about it.
