PITCH DECK: Software billing startup Paddle raises $68 million

  • Software billing startup Paddle has raised a $68 million Series C to continue its expansion plans worldwide.
  • Founded in 2012, the company’s latest funding round took place remotely and was led by Silicon Valley fund FTV Capital.
  • “We’ve gone from a land-grab mentality, grow at all costs, to a more sustainable and considered growth plan within the market so we don’t want to just raise for the sake of it,” Paddle CEO Christian Owens told Business Insider.

  • Visit Business Insider’s homepage for more stories.

Software billing startup Paddle has raised a £52 million ($68 million) Series C from investors including FTV Capital, Kindred Capital, Notion Capital, and 83North. 

Founded in 2012 by Christian Owens and Harrison Rose when they were just teenagers, Paddle has raised £72 million ($93 million) to-date. Owens dropped out of school to focus on the startup, and neither cofounder went to university.

The company essentially makes

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See legal-tech startup Disco’s pitch on cloud-based discovery software

  • Disco is a cloud-based ediscovery platform that uses AI to help lawyers more efficiently sift through hundreds of documents in the litigation process.
  • In its latest round of funding in October, the startup raised a massive $60 million from investors like Georgian Partners and Bessemer Venture Partners, bringing total investment to date to $195 million.
  • In an exclusive interview, Kiwi Camara, Disco’s CEO and cofounder, walked Business Insider through the pitch deck it’s used to make its business case to both investors and clients, which include Fortune 1000 companies and Am Law 200 firms.
  • Visit Business Insider’s homepage for more stories.

Cloud-based technology is having its moment, especially in the legal industry.

As attorneys have been propelled to work remotely amid the pandemic, data security and streamlined work processes are top-of-mind for law firms, leading them to adopt cloud technology. A recent Clio report found that nearly 80% of respondents

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At Canton High, students pitch in to provide cable access sports programming

These live broadcasts or online streams are not just keeping fans in the game, they’re keeping student-athletes motivated and engaged.

“Usually we’re used to seeing the Dog Pound [student section] load the stands for all sports,” said LaBelle, who also plays ice hockey.

“Having a live stream allows you to connect with the student community. Although we can’t see the fans, you know there are people outside the arena watching you, which makes athletes play better.”

At Canton, that partnership has gone a step beyond, with Ed McDonough, a visual arts teacher and cable access coordinator, organizing student-run productions since 2001.

McDonough’s program is unique to Massachusetts in that nearly 80 percent of the production, broadcasting, and technical support is handled by students.

Before the pandemic, crews of 10 students would run three-camera shoots of Canton’s Game of the Week, followed by a debriefing session to go over the

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PITCH DECK: 22-year-old Sora founder raises $2.1 million

  • Virtual high school startup Sora recently announced it had raised $2.7 million in a seed funding round backed by the likes of Twitter and Stripe investor Union Square Ventures. 
  • Cofounder Garrett Smiley, 22, says the school’s mission is to create a “super high-quality community” with alternative classes on subjects such as “the physics of sharks” and the workings of Iron Man’s suit. 
  • Business Insider got an exclusive look at the pitch deck Sora used to bring investors on board. 
  • Visit Business Insider’s homepage for more stories.

Earlier this week, Atlanta-based edtech startup Sora announced it had raised $2.7 million in a seed funding round backed by the likes of Twitter and Stripe backer Union Square Ventures and Village Global. 

Founded in 2019, long before COVID-19 forced millions of students around the world to switch to remote learning, Sora is effectively an online private school, which offers students one-to-one tutorials and

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Pitch deck: Subscription startup Chargebee raises $55 million

  • Software-as-a-service support startup Chargeebee just raised $55 million in a Series F funding round backed by Insight Partners. 
  • The San Francisco based firm is part of a growing software-as-a-service market, which Forrester predicts will be worth around $411 billion by 2022. 
  • We got an exclusive look at the pitch deck Chargebee used to bring investors on board. 
  • Visit Business Insider’s homepage for more stories.

 

Chargebee, the San Francisco-based subscription management startup, just raised $55 million in a funding round backed by Insight Partners. 

Founded in 2011, Chargebee is used by over 2,500 companies globally – including businesses like Freshworks and Pret A Manger – helping them to manage and grow their revenue by setting up and automating subscription billing.

According to market research firm Forrester, the software-as-a-service (Saas) industry is growing steadily around the world, and set to be worth around $411 billion by 2022.

“We believe that a steady

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PITCH DECK: Insha raises $3 million for ethical banking

  • Insha, a Berlin-based challenger banking startup, has raised $3 million in funding from Turkish payments company Param. 
  • The company was spun out of Al Baraka bank as an Islamic finance alternative with ethical banking principles. 
  • Check out Insha’s redacted pitch deck below.
  • Visit Business Insider’s homepage for more stories.

Islamic finance challenger banking proposition Insha has raised €2.5 million ($3 million) in funding from Turkish payments company Param. Insha claims it goes further than traditional Islamic finance by seeking to offer sustainable and ethical services to users. 

Islamic finance is a method of banking that abides by Islamic law, or Sharia, which forbids charging interest and gambling. The company offers a current account, debit card, and money-transfer services via its app. 

Insha, founded in 2018, is currently available in Germany with the rest of Europe, including the UK, soon to follow. The company has grown its user numbers by 300%

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The 10 elements of a successful startup pitch deck, with examples

  • Allison Byers, CEO of Scroobious, a new video-pitching platform for entrepreneurs, shared with Business Insider the 10 most important elements of a startup pitch deck.
  • She collected these elements from hundreds of pitch deck iterations and presentations and ran them by a large network of investors to get their insights.
  • A good pitch deck should start with a concise mission statement or origin story, outline a problem, and offer a clear solution.
  • Back up your proposal with market sizing, competitive analysis, and go-to-market and customer acquisition strategies. 
  • Investors will want to know more about you, so make sure to insert slides that detail your background and your team’s expertise and end with a thank you and your contact information.
  • Visit Business Insider’s homepage for more stories.

What do investors want to see in startup pitch decks? For founders seeking funding for their companies, that’s the million-dollar (or multimillion-dollar) question. 

And

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