- #530m iconiq growthheartechcrunch update
- #530m iconiq growthheartechcrunch Offline
- #530m iconiq growthheartechcrunch series
These numbers are what he emphasizes in interviews over the company’s valuation. “We are not keen on looking at where we stand in a leaderboard of unicorns,” he says bluntly. He also says the company is on target to double revenues this year, and is currently sitting on an annualized value of more than $45 billion in transactions processed, up 80 percent since December. Van der Does says that Adyen has been profitable since 2011 and plans to make $45 million in profit in 2015. “Our promise is that we have all kinds of payments services covered with one contract.” are good, but if you look at payment services for global merchants, the list is pretty thin,” says Pieter van der Does, Adyen’s CEO and co-founder. That combination has proven to be fairly unique and in demand.
#530m iconiq growthheartechcrunch Offline
They include seamlessly combining, online, offline and mobile transactions and refunds cross-border payments and analytics services to track what is selling and where.
#530m iconiq growthheartechcrunch update
(We have contacted Divesh Makan, who heads Iconiq and led the investment in Adyen, for more information and will update as we learn more.)Īdyen, which was founded in 2006, has quietly - and modestly, with that $250 million round last year coming after raising only $16 million in the previous eight years - built a business around a mixture of payment services. Iconiq is not disclosing the amount of this round but from what we understand it is in the double-digit millions and comes after “years” of conversations. This latest injection comes from a single investor, Iconiq Capital, which is perhaps best known for investing in a range of tech companies on behalf of clients like Mark Zuckerberg, Sheryl Sandberg and Jack Dorsey. Now less than a year later, Adyen is adding more to its coffers: it has closed another round of funding, this time with a valuation of $2.3 billion.
#530m iconiq growthheartechcrunch series
Will Griffith, founding partner at ICONIQ Growth, said Vic.ai team “demonstrates the same passion, product focus and customer-first mentality that we see in other exceptional founders.Adyen, a payment startup based in Amsterdam that provides services for companies like Facebook, Uber and Netflix, made waves last year when it announced a $250 million Series B that valued it at $1.5 billion. Our AI platform delivers both autonomy and intelligence for finance and accounting teams.” Accounting work is tedious and repetitive, but it no longer needs to be. Vic.ai says it can do this by learning from historical data and existing processes to deliver more automation in accounting processes, thus saving time and reducing errors and duplicates.Īlexander Hagerup, CEO of Vic.ai (launched in 2017) said: “It’s 2021, and it’s high time for finance and accounting teams to embrace AI technology. Vic.ai says its platform has processed more than 535 million invoices with 95% accuracy. and HireQuest Inc., as well as accounting firms KPMG, PwC, BDO, and Armanino LLP. The company’s customers include HSB (Sweden’s largest real-estate management company), Intercom Inc. Vic.ai, a startup that has built an AI-based platform it claims can “automate” enterprise accounting, has raised a $50 million Series B round led by ICONIQ Growth, with participation from existing investors GGV Capital, Cowboy Ventures and Costanoa Ventures, bringing total capital raised to $63 million.
0 kommentar(er)
