Fintech, edtech and SaaS are not dead yet

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Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.

This is our startup-focused Wednesday episode, so we’re taking a deep look at a number of startup fundraisings, and the latest from the world of venture capital itself. Startups and capital, it’s our jam!

Here’s what we got into on the show today:

Goodshuffle raised $5 million, showing that vertical SaaS is far from kaput, even if software valuations remain under strain. SUMA Wealth put $2.2 million into its own accounts, showing that audience-tuned fintech products still have legs. SUMA Wealth’s target Latinx demographic seems to be resonating with what the startup is building. Behold! A crypto startup showing hella consumer traction. On the social media side, Bluesky is now open to everyone and growing quickly, and Blush raised $7 million more to keep its dating app invite-only. And then there were more rounds! Finally closed $10 million, while Klas put together $1 million for its edtech efforts. In closing, Episode 1 has a new early-stage UK fund that we wanted to talk about.