Home / Tech News / Forerunner’s Eurie Kim will share why she invested in Oura on Extra Crunch Live

Forerunner’s Eurie Kim will share why she invested in Oura on Extra Crunch Live


Forerunner’s Eurie Kim will share why she invested in Oura on Extra Crunch Live – TechCrunch

When it comes to building a successful startup, biotech and hardware happen to be two of the most difficult verticals in the tech industry. But Oura is doing it anyway.

The health and fitness tracking ring has been used in a number of studies around COVID-19 and been worn by NBA and WNBA players to help prevent outbreaks in the league. Oura has raised nearly $50 million from investors including Lifeline Ventures, Bold Capital Partners and Forerunner.

So it should come as no surprise that we’re thrilled to have Forerunner’s Eurie Kim and Oura CEO Harpreet Rai join us on a forthcoming episode of Extra Crunch Live.

Kim is herself a former entrepreneur and joined Forerunner in 2012. She sits on the boards of companies like The Farmer’s Dog, Curology, Attabotics, Oura Ring, Eclipse, Juni, among others, and found herself on the Midas Brink List in 2020.

Rai, for his part, is CEO at Oura, where he leads a team of over 150 employees. Before Oura, Rai was a portfolio manager at Eminence Capital for nine years.

On Extra Crunch Live, the duo will talk about how Oura went about raising its $28 million Series B round and why Kim took a bet on the startup. We’ll also ask about tactical advice for founders looking to fundraise and grow their businesses.

Anyone can join the live event, which goes down on April 28 at noon PDT/3 p.m. EDT. REGISTER FOR FREE HERE!

ntn”,”protected”:false},”excerpt”:”rendered”:”

Software-as-a-service (SaaS) is now the default business model for most B2B and B2C software startups. And while it’s been around for a while now, its momentum keeps accelerating and the ecosystem continues to expand as technologists and marketers are getting more sophisticated about how to build and sell SaaS products. For all of them, we’re […]n”,”protected”:false,”author”:34511731,”featured_media”:2140760,”comment_status”:”open”,”ping_status”:”closed”,”sticky”:false,”template”:””,”format”:”standard”,”meta”:”outcome”:””,”status”:””,”crunchbase_tag”:0,”amp_status”:””,”relegenceEntities”:[],”relegenceSubjects”:[],”carmot_uuid”:”5cc3adde-9d0f-388d-8057-638f3b336c13″,”categories”:[449557044,576605952,17396],”tags”:[71772,262,15328,183,40978,29172,17927,581,194471,780654,576875233],”crunchbase_tag”:[],”tc_stories_tax”:[],”tc_ec_category”:[],”tc_event”:[576831817],”jetpack_featured_media_url”:”https://techcrunch.com/wp-content/uploads/2021/04/TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png”,”shortlink”:”https://tcrn.ch/3dBHfQG”,”rapidData”:”pt”:””,”pct”:””,”premiumContent”:false,”premiumCutoffPercent”:1,”featured”:false,”subtitle”:””,”seoTitle”:””,”seoDescription”:””,”tc_cb_mapping”:[],”associatedEvent”:”ad”:”display”:false,”override_link”:””,”date”:1635292800,”link”:”https://techcrunch.com/events/tc-sessions-saas-2021/”,”livestreams”:false,”status”:”pre”,”title”:”TC Sessions: SaaS 2021″,”termID”:576831817,”event”:2080124,”authors”:[34511731],”hide_featured_image”:false,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts/2140437″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/types/post”],”replies”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/comments?post=2140437″],”version-history”:[“count”:9,”href”:”https://techcrunch.com/wp-json/wp/v2/posts/2140437/revisions”],”predecessor-version”:[“id”:2141427,”href”:”https://techcrunch.com/wp-json/wp/v2/posts/2140437/revisions/2141427″],”authors”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/34511731″],”https://techcrunch.com/edit”:[“href”:”https://techcrunch.com/wp-admin/post.php?post=2140437&action=edit”],”author”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/34511731″],”wp:featuredmedia”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/media/2140760″],”wp:attachment”:[“href”:”https://techcrunch.com/wp-json/wp/v2/media?parent=2140437″],”wp:term”:[“taxonomy”:”category”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/categories?post=2140437″,”taxonomy”:”post_tag”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tags?post=2140437″,”taxonomy”:”_tc_cb_tag_taxonomy”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/crunchbase_tag?post=2140437″,”taxonomy”:”tc_stories_tax”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_stories_tax?post=2140437″,”taxonomy”:”tc_ec_category”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_ec_category?post=2140437″,”taxonomy”:”tc_event”,”embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_event?post=2140437″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”_embedded”:{“authors”:[“id”:34511731,”name”:”Frederic Lardinois”,”url”:””,”description”:””,”link”:”https://techcrunch.com/author/frederic-lardinois/”,”slug”:”frederic-lardinois”,”avatar_urls”:”24″:”https://secure.gravatar.com/avatar/55542aa717199728948f628edc1170b1?s=24&d=identicon&r=g”,”48″:”https://secure.gravatar.com/avatar/55542aa717199728948f628edc1170b1?s=48&d=identicon&r=g”,”96″:”https://secure.gravatar.com/avatar/55542aa717199728948f628edc1170b1?s=96&d=identicon&r=g”,”links”:”homepage”:”http://www.siliconfilter.com”,”facebook”:”https://www.facebook.com/frederic”,”twitter”:”https://twitter.com/fredericl”,”linkedin”:”https://www.linkedin.com/in/fredericlardinois”,”crunchbase”:”https://www.crunchbase.com/person/frederic-lardinois”,”position”:”Writer”,”cbDescription”:”

Before he joined TechCrunch in 2012, he founded SiliconFilter and wrote for ReadWriteWeb (now ReadWrite). Frederic covers enterprise, cloud, developer tools, Google, Microsoft, gadgets, transportation and anything else he finds interesting. He owns just over a 50th of a bitcoin.”,”cbAvatar”:false,”twitter”:”fredericl”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users/34511731″],”collection”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users”]],”author”:[“id”:34511731,”name”:”Frederic Lardinois”,”url”:””,”description”:””,”link”:”https://techcrunch.com/author/frederic-lardinois/”,”slug”:”frederic-lardinois”,”avatar_urls”:”24″:”https://secure.gravatar.com/avatar/55542aa717199728948f628edc1170b1?s=24&d=identicon&r=g”,”48″:”https://secure.gravatar.com/avatar/55542aa717199728948f628edc1170b1?s=48&d=identicon&r=g”,”96″:”https://secure.gravatar.com/avatar/55542aa717199728948f628edc1170b1?s=96&d=identicon&r=g”,”links”:”homepage”:”http://www.siliconfilter.com”,”facebook”:”https://www.facebook.com/frederic”,”twitter”:”https://twitter.com/fredericl”,”linkedin”:”https://www.linkedin.com/in/fredericlardinois”,”crunchbase”:”https://www.crunchbase.com/person/frederic-lardinois”,”position”:”Writer”,”cbDescription”:”

Before he joined TechCrunch in 2012, he founded SiliconFilter and wrote for ReadWriteWeb (now ReadWrite). Frederic covers enterprise, cloud, developer tools, Google, Microsoft, gadgets, transportation and anything else he finds interesting. He owns just over a 50th of a bitcoin.”,”cbAvatar”:false,”twitter”:”fredericl”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users/34511731″],”collection”:[“href”:”https://techcrunch.com/wp-json/tc/v1/users”]],”wp:featuredmedia”:[“id”:2140760,”date”:”2021-04-19T17:32:25″,”slug”:”tc21_sessions_saas_wp_header_general_event_1280x720-2″,”type”:”attachment”,”link”:”https://techcrunch.com/2021/04/20/announcing-tc-sessions-saas-on-october-27/tc21_sessions_saas_wp_header_general_event_1280x720-2/”,”title”:”rendered”:”TC21_Sessions_SaaS_WP_Header_General_Event_1280x720 (2)”,”author”:133574431,”license”:””,”authors”:[133574431],”caption”:”rendered”:””,”alt_text”:””,”media_type”:”image”,”mime_type”:”image/png”,”media_details”:”width”:1280,”height”:720,”file”:”2021/04/TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png”,”sizes”:”thumbnail”:”file”:”TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?resize=150,84″,”width”:150,”height”:84,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2021/04/TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?w=150″,”medium”:”file”:”TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?resize=300,169″,”width”:300,”height”:169,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2021/04/TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?w=300″,”medium_large”:”file”:”TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?resize=768,432″,”width”:768,”height”:432,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2021/04/TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?w=1024″,”large”:”file”:”TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?resize=680,383″,”width”:680,”height”:383,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2021/04/TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?w=680″,”guest-author-32″:”file”:”TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?resize=32,32″,”width”:32,”height”:32,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2021/04/TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?w=32&h=32&crop=1″,”guest-author-50″:”file”:”TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?resize=50,50″,”width”:50,”height”:50,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2021/04/TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?w=50&h=50&crop=1″,”guest-author-64″:”file”:”TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?resize=64,64″,”width”:64,”height”:64,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2021/04/TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?w=64&h=64&crop=1″,”guest-author-96″:”file”:”TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?resize=96,96″,”width”:96,”height”:96,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2021/04/TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?w=96&h=96&crop=1″,”guest-author-128″:”file”:”TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?resize=128,128″,”width”:128,”height”:128,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2021/04/TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?w=128&h=128&crop=1″,”concierge-thumb”:”file”:”TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?resize=50,28″,”width”:50,”height”:28,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2021/04/TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png?w=50″,”full”:”file”:”TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png”,”width”:1024,”height”:576,”mime_type”:”image/png”,”source_url”:”https://techcrunch.com/wp-content/uploads/2021/04/TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png”,”image_meta”:”aperture”:”0″,”credit”:””,”camera”:””,”caption”:””,”created_timestamp”:”0″,”copyright”:””,”focal_length”:”0″,”iso”:”0″,”shutter_speed”:”0″,”title”:””,”orientation”:”0″,”keywords”:[],”filesize”:363470,”source_url”:”https://techcrunch.com/wp-content/uploads/2021/04/TC21_Sessions_SaaS_WP_Header_General_Event_1280x720-2.png”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/media/2140760″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/media”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/types/attachment”],”replies”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/comments?post=2140760″],”author”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/tc/v1/users/133574431″]],”wp:term”:[[“id”:449557044,”link”:”https://techcrunch.com/enterprise/”,”name”:”Enterprise”,”slug”:”enterprise”,”taxonomy”:”category”,”parent”:0,”rapidData”:”pt”:””,”pct”:””,”submenu_categories”:[],”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/categories/449557044″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/categories”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/category”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?categories=449557044″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?categories=449557044″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?categories=449557044″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”id”:576605952,”link”:”https://techcrunch.com/saas/”,”name”:”SaaS”,”slug”:”saas”,”taxonomy”:”category”,”parent”:0,”rapidData”:”pt”:””,”pct”:””,”submenu_categories”:[],”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/categories/576605952″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/categories”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/category”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?categories=576605952″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?categories=576605952″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?categories=576605952″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”id”:17396,”link”:”https://techcrunch.com/tc/”,”name”:”TC”,”slug”:”tc”,”taxonomy”:”category”,”parent”:0,”rapidData”:”pt”:””,”pct”:””,”submenu_categories”:[],”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/categories/17396″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/categories”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/category”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?categories=17396″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?categories=17396″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?categories=17396″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true]],[“id”:71772,”link”:”https://techcrunch.com/tag/business-models/”,”name”:”business models”,”slug”:”business-models”,”taxonomy”:”post_tag”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags/71772″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/post_tag”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tags=71772″,”href”:”https://techcrunch.com/wp-json/wp/v2/battlefield-companies?tags=71772″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?tags=71772″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tags=71772″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”id”:262,”link”:”https://techcrunch.com/tag/computing/”,”name”:”computing”,”slug”:”computing”,”taxonomy”:”post_tag”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags/262″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/post_tag”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tags=262″,”href”:”https://techcrunch.com/wp-json/wp/v2/battlefield-companies?tags=262″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?tags=262″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tags=262″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”id”:15328,”link”:”https://techcrunch.com/tag/enterprise/”,”name”:”Enterprise”,”slug”:”enterprise”,”taxonomy”:”post_tag”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags/15328″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/post_tag”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tags=15328″,”href”:”https://techcrunch.com/wp-json/wp/v2/battlefield-companies?tags=15328″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?tags=15328″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tags=15328″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”id”:183,”link”:”https://techcrunch.com/tag/entrepreneurship/”,”name”:”entrepreneurship”,”slug”:”entrepreneurship”,”taxonomy”:”post_tag”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags/183″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/post_tag”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tags=183″,”href”:”https://techcrunch.com/wp-json/wp/v2/battlefield-companies?tags=183″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?tags=183″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tags=183″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”id”:40978,”link”:”https://techcrunch.com/tag/machine-learning/”,”name”:”machine learning”,”slug”:”machine-learning”,”taxonomy”:”post_tag”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags/40978″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/post_tag”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tags=40978″,”href”:”https://techcrunch.com/wp-json/wp/v2/battlefield-companies?tags=40978″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?tags=40978″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tags=40978″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”id”:29172,”link”:”https://techcrunch.com/tag/private-equity/”,”name”:”Private Equity”,”slug”:”private-equity”,”taxonomy”:”post_tag”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags/29172″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/post_tag”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tags=29172″,”href”:”https://techcrunch.com/wp-json/wp/v2/battlefield-companies?tags=29172″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?tags=29172″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tags=29172″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”id”:17927,”link”:”https://techcrunch.com/tag/saas/”,”name”:”SaaS”,”slug”:”saas”,”taxonomy”:”post_tag”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags/17927″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/post_tag”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tags=17927″,”href”:”https://techcrunch.com/wp-json/wp/v2/battlefield-companies?tags=17927″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?tags=17927″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tags=17927″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”id”:581,”link”:”https://techcrunch.com/tag/software/”,”name”:”Software”,”slug”:”software”,”taxonomy”:”post_tag”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags/581″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/post_tag”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tags=581″,”href”:”https://techcrunch.com/wp-json/wp/v2/battlefield-companies?tags=581″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?tags=581″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tags=581″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”id”:194471,”link”:”https://techcrunch.com/tag/software-as-a-service/”,”name”:”software as a service”,”slug”:”software-as-a-service”,”taxonomy”:”post_tag”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags/194471″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/post_tag”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tags=194471″,”href”:”https://techcrunch.com/wp-json/wp/v2/battlefield-companies?tags=194471″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?tags=194471″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tags=194471″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true],”id”:780654,”link”:”https://techcrunch.com/tag/startup-company/”,”name”:”Startup company”,”slug”:”startup-company”,”taxonomy”:”post_tag”,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags/780654″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tags”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/post_tag”],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tags=780654″,”href”:”https://techcrunch.com/wp-json/wp/v2/battlefield-companies?tags=780654″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc-media-gallery?tags=780654″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tags=780654″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true]],[],[],[],[“id”:576831817,”link”:”https://techcrunch.com/event-type/sessions/tc-sessions-saas-2021/”,”name”:”TC Sessions: SaaS 2021″,”slug”:”tc-sessions-saas-2021″,”taxonomy”:”tc_event”,”rapidData”:”pt”:””,”pct”:””,”_links”:”self”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tc_event/576831817″],”collection”:[“href”:”https://techcrunch.com/wp-json/wp/v2/tc_event”],”about”:[“href”:”https://techcrunch.com/wp-json/wp/v2/taxonomies/tc_event”],”up”:[“embeddable”:true,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_event/449559507″],”wp:post_type”:[“href”:”https://techcrunch.com/wp-json/wp/v2/posts?tc_event=576831817″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_events?tc_event=576831817″,”href”:”https://techcrunch.com/wp-json/wp/v2/tc_video?tc_event=576831817″],”curies”:[“name”:”wp”,”href”:”https://api.w.org/rel”,”templated”:true]]]}},{“id”:2142255,”date”:”2021-04-22T08:09:44″,”date_gmt”:”2021-04-22T15:09:44″,”guid”:”rendered”:”https://techcrunch.com/?p=2142255″,”modified”:”2021-04-22T10:20:56″,”modified_gmt”:”2021-04-22T17:20:56″,”slug”:”how-are-vcs-handling-diligence-in-a-world-where-deals-open-and-close-in-days-not-months”,”status”:”publish”,”type”:”post”,”link”:”https://techcrunch.com/2021/04/22/how-are-vcs-handling-diligence-in-a-world-where-deals-open-and-close-in-days-not-months/”,”title”:”rendered”:”How are VCs handling diligence in a world where deals open and close in days, not months?”,”content”:{“rendered”:”

The global venture capital market had a cracking start to the year. Coming off a 2020 high, VC totals in the United States, in Europe, and among competitive verticals like insurtech and AIu00a0are on pace to set new records in 2021.n

The rapid-fire deal-making and trend of larger venture checks at higher valuations that The Exchange has tracked for some time require private-market investors to make decisions faster than ever. For venture capitalists, the timeline for reaching conviction around a startupu2019s thesis and executing due diligence has become compressed.n

Some venture capitalists are turning to data to move more quickly. Some are spending more time preparing to be vetted themselves. And some investors are simply doing the work beforehand.n


n

The Exchange explores startups, markets and money. n

Read it every morning on Extra Crunch or get The Exchange newsletter every Saturday.n


n

We were tipped off to the concept of pre-diligence during the reporting process for a look into recent fundraising trends in the AI/ML space. Sapphire investor Jai Das, when asked about how he was handling a competitive and swiftly moving market for AI startup investments, said that “most firms are completing their due diligence way before the financing actually happens.”n

""How does that work in practice? Per Das, startups that raise quick Series A and B rounds are “tracked by [early-stage] investors as soon as they raise their seed financings. So there is no need to do any due diligence during the financing and hence most of these financings are pre-emptive.”n

Venture capital: Now more about sales than ever before!n

This morning, The Exchange is digging into the question of how VCs are handling diligence in a world where the most attractive deals can open and close faster than ever, and old models of deep diligence and paced deal-making are outmoded.n

Getting to yesn

One way that investors are betting on themselves in a bid to speed their diligence and decision-making is by investing in their own tech. That may sound obvious, given that venture capital dollars often land in the accounts of tech-focused companies, but in a business that was previously known for its relationship focus — more on that shortly — the trend is worth considering.



Source link

About admin

Check Also

Freshworks aims for nearly $9 billion valuation in US IPO

Freshworks disclosed on Monday that it is aiming for a valuation of up to $9 ...