Equity Monday: Edtech and insurtech stay red-hot
Equity - Un pódcast de TechCrunch, Mary Ann Azevedo, Kell, Theresa Loconsolo, Rebecca Bellan, Rebecca Szkutak
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This morning was a somewhat odd episode of our Monday show, in that the American election is tomorrow. Still, some things happened. So, here they are: Match, Uber, Alibaba, Square, Dropbox, EA, and Roku are expected to report earnings this week. The UK's venture capital industry is even less focused on investing in diverse founders than you thought, with our own Natasha Lomas reporting that "all-ethnic teams received an average of just 1.7% of the venture capital investments made at seed, early and late stage" between 2009 and 2019. The edtech boom is lifting all boats, it seems, not just those that belong to startups. Chegg's growth is picking up media attention. Marshmallow raised $30 million for its auto-insurtech product. The insurtech market is super hot these days, after the Lemonade and Root IPOs. Tencent led $50 million into Zego, another company that wants to provide video communications services to other companies. Warren raised $1.4 million to help regional cloud providers sell globally.
