| |
In today's Daily Pitch, you'll find: - As investment in insurtech startups continues to fall, our latest Emerging Tech Research unpacks the sector's VC trends.
- Our list of the top 10 PE investors in data center deals by deal count since 2012.
- Sapphire Partners' Laura Thompson on what emerging managers can do to differentiate themselves in a crowded market.
| | | | | |
| |
| |
| VCs put the brakes on insurtech | | In an industry that is slow to embrace new tech, insurtech startups are finding success developing fresh approaches to established practices like underwriting and claims management and penetrating new markets such as cyberrisk.
However, the outlook for insurtech companies is still challenged, and PitchBook analysts expect venture investment in the sector will slow for the foreseeable future. In Q2, global VC funding fell 42.1% year-over-year to $2.6 billion, as insurtech startups selling risk faced scrutiny and those debuting on the public markets watched their stock prices plummet.
Our latest Emerging Tech Research report on insurtech unpacks the sector's VC trends and spotlights emerging opportunities in climate change insurance and no-code insurance platforms. It also includes company highlights on Noyo, Nuon AI and Herald. | | | | | | | | | Sapphire Partners on how emerging VC managers can stand out | |  | | (eamesBot/Shutterstock) | | | 2022 is proving to be a record year for venture fundraising. But not all funds are receiving equal treatment from LPs; fundraising has been especially difficult for new and emerging managers.
We spoke with Laura Thompson, a partner at Sapphire Partners, about the current fundraising environment, how emerging managers can grab LPs' attention and what types of funds may be underrepresented now. | | | | | | | |
| |
| |
| | It's often said that real estate is the biggest asset class in the world—and the least efficient. Labor-intensive and time-consuming, the real estate market has lots of room for improvement, just like music and publishing did before technology transformed them. Property technology, or proptech, aims to do the same for the real estate market.
In conjunction with PitchBook, Litera has released Spotlight on Proptech, a data-driven, in-depth look at the VC-backed proptech scene. Today's startups are integrating millions of datapoints into new construction projects, renovations, building management and dozens of other proptech applications. The report also features insights and outlooks from partners at leading proptech law firms Goodwin Procter and DLA Piper.
To download the report, click here | | | | | | | |
| |
| The most active PE investors in data centers | |  | | (whiteMocca/Shutterstock) | | | Private equity investors have developed a robust appetite for data centers in the past several years, chasing opportunities arising from the explosive growth in data use.
Since 2012, the 10 most active PE firms in the sector by deal count have participated in a combined 154 deals backing data center operators and technology vendors serving the industry, according to PitchBook data.
Topping the list is Sweden-based EQT, which has completed 17 such deals over the last decade, followed by GTCR and Berkshire Partners. | | | | | | | | | | Do less well-known private equity firms overstate the value of their funds to attract LPs? New research indicates yes. [Institutional Investor]
How increasingly destructive natural disasters are adding urgency to researchers' efforts to develop better tech for emergency warnings. [The Wall Street Journal]
After five years, it's still unclear exactly how Whole Foods fits into Amazon's grocery retailing aspirations. [Bloomberg] | | | | | |
| |
| | Since yesterday, the PitchBook Platform added: | | 175 Deals | 723 People | 244 Companies | 27 Funds | | | | | | |
| |
| |
| |
| |
| |
| |
| |
| |
| A message from PitchBook Media | | |
| PitchBook's 2023 Media Kit released | | Year to date, PitchBook's newsletters have over 115 million impressions and over 540 million report downloads. Partnering with PitchBook Media is a way to feature your firm's insights in one of the most popular venues for timely and relevant PE and VC articles, news, asset class reports and custom white label reports.
The brand-new 2023 Media Kit contains all the details to help your firm position itself in front of a VC or PE audience.
Click here to download it today or to speak to someone on the media team. | | | | | | | |
| |
| |
| | | | | | | | Fintech infrastructure provider Solid banks $63M | | | Solid has raised a $63 million Series B led by FTV Capital. Based in California, the company is a provider of fintech infrastructure intended to help businesses build and launch embedded fintech products such as bank accounts and crypto wallets. | | | | | | | | | Fairmatic has raised a $42 million Series A led by Foundation Capital. The company offers a fleet insurance pricing platform that uses smartphones or other sensors to collect driving data. | | | | | | | Zilla Security raises $13.5M Series A | | | Zilla Security has raised $13.5 million in a round co-led by Tola Capital and FirstMark Capital. Based in Boston, the company is the provider of an identity governance and access security platform across cloud, hybrid and on-premises environments. | | | | | | | Lerer Hippeau leads seed round for Wreno | | | Wreno has raised $5 million in seed financing led by Lerer Hippeau, with support from investors including Fifth Wall, Owl Ventures and NFX. The Scottsdale, Ariz.-based company is the developer of a proptech platform intended to connect local trade businesses with institutional real estate companies. | | | | | |
| |
| |
| |
| Blue Point lands Water Lilies Food | | | Blue Point Capital Partners has acquired Water Lilies Food, a Bay Shore, N.Y.-based manufacturer and distributor of premium frozen Asian-inspired cuisine. Water Lilies offers a variety of products including dumplings, spring rolls, egg rolls and bao buns. | | | | | | | PE-backed Convergix Automation Solutions acquires AGR Automation | | | | | | | | Discovery Education picks up Pivot Interactives | | | | | | | | Capstreet sells Thorpe Specialty Services to KLH Capital | | | The Capstreet Group has sold Thorpe Specialty Services, a provider of maintenance and engineering services and solutions to the petrochemical and other industrial markets, to KLH Capital. Headquartered in Houston, Thorpe runs additional branches in Texas, Louisiana, Oklahoma, Alabama and Western Canada. | | | | | |
| |
| |
| |
| |
.jpg)
No comments:
Post a Comment