Topic: business model shift
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Bestow Secures $120M Series D Led by Goldman Sachs & Smith Point
Bestow raised $120 million in Series D funding, co-led by Goldman Sachs and Smith Point Capital, bringing total equity funding to over $300 million to modernize life insurance underwriting and distribution. The company shifted from direct-to-consumer insurance to enterprise SaaS solutions, levera...
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Uber's Business at Risk From Decade-Old Patent Battle
A decade-old patent dispute with Carma Technology threatens Uber's business model, alleging infringement on five patents covering vehicle capacity matching systems, foundational to ride-sharing platforms. The lawsuit is complex due to Carma's interconnected patent portfolio, making Uber's defense...
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