For over two decades, Jay Chandarana relied on commercial banks to meet the day-to-day, working capital needs of his family business, the sesame seed exporter Dhaval Agri. It was an arrangement that basically worked: The company grew to have a 13% share of the country’s total exports, making it the largest sesame seed exporter in […]
With $6M in seed funding, Enso plans to bring AI agents to SMBs
Running a small business means doing more with less. AI agents can help, but building custom agents for specific workflows remains challenging, even with today’s low-code/no-code tools. The idea behind Enso — which is came out of stealth by announcing a $ 6 million seed funding round Tuesday — is to give small and medium-sized […]
Finmid raises $24.7M to help SMBs access loans through platforms like Wolt
Berlin-based finmid — one of the many startups building embedded fintech solutions, in its case targeting marketplaces that want to provide their own payment and financing options — has raised €23 million ($ 24.7 million) in a Series A round to further build out its product and enter new markets. The round values the company […]
Team management app Homebase welcomes $60M Series D to give SMBs ‘superpowers’
While there are countless tech companies that make HR technology for small and mid-sized businesses, much of it is geared toward “professionals who sit at desks in some capacity,” insists Homebase founder and CEO John Waldmann. Homebase is HR software that targets the two-thirds of the American SMB workforce with hourly jobs that require them […]
Coro, building cybersecurity for SMBs, locks down $100M at a $750M valuation
Enterprises and other large organizations have long been a lucrative and obvious target for cybercriminals, but in recent years — thanks to more sophisticated breach techniques and the rise of AI — small and medium businesses are now also very much on the map. Now, Coro — one of the startups building tools specifically for […]