Neobank Remittance/MoneyTransfer Blockchain/DLT Capital Markets RegTech RealEstate Cyber/Identity HealthTech Valuation
IDEX, a decentralized cryptocurrency exchange (DEX), raised a seed investment of $2.5m led by G1 Ventures and Borderless Capital with participation from Collider Ventures and Gnosis.
Brella (formerly Clara Insurance), a New York-based supplemental health insurance company that serves Texas-based employers, raised $1.5m from new investors including Digitalis, Operator Partners and angel investor Ron Bouganim.
Sync., a UK-based startup whose technology aggregates a person’s personal bank accounts, including ones that might be denominated in different currencies, closed £5.5 million in seed funding.
Bnext, a Madrid-based challenger bank, bagged an €11m extension to its Series A raise from October. The new capital comes from existing investors DN Capital, Redalpine, Speedinvest, Founders Future, Enern, Digital Horizons, Kreos Capital and Cometa and brings the total amount raised by Bnext for its A round to €33.5m.
kompany, a Vienna, Austria-based RegTech platform for Business KYC (KYB), snared a new investment of almost €6 million. Fairway Global Investment led the round, together with Global Brain, a Tokyo-based venture capital firm who acted as co-investor.
Caju, the Brazilian corporate perks and benefits platform, snagged $2.45m in a financing round helmed by Canary and Valor Capital Group.
Rippling, the San Francisco-based creator of a platform for managing employee payroll, benefits, devices, apps, and more, all in one place, has closed on $145m in Series B funding led by Founders Fund with participation from Greenoaks Capital, Coatue Management, and Bedrock Capital, as well as existing investors including Kleiner Perkins, Initialized Capital, and Y Combinator. The company’s valuation now stands at $1.35 bn, as reported by TechCrunch.
TaxScouts, a London-based startup specializing in tax preparation, snagged £5 million in Series A funding led by Octopus Ventures.
Buckle, a New Jersey-based insurtech offering coverage for rideshare and other gig economy providers and Transportation Network Companies (TNCs), raised $31m through its Series A round co-led by HSCM Bermuda and Eos Venture Partners.
AgentSync, a Denver, Colorado-based “compliance as a service” provider for insurance carriers and insurance agencies closed a $4.4m seed round, co-led by Elad Gil and Caffeinated Capital.
CloudPay, the UK-based global payroll provider, has raised $35m in growth capital from new investor Runway Growth Capital with existing investors Rho Ventures and Pinnacle Investment Partners also participating.
Volante Technologies, a Jersey City, New Jersey-based provider of cloud payments and financial messaging, secured $35m of growth equity led by Wavecrest Growth Partners with strategic support from BNY Mellon, Citi Ventures, PostePay and Visa.
CrowdPouch, a Bengaluru, India-headquartered reward-based platform for fundraising and pre-selling, drew an undisclosed sum in an angel round with Elina Investments.
Wejo, a UK-based connected car data exchange platform for vehicle manufacturers, insurers, service providers and the public sector, bagged £10m in an investment round led by DIP Capital.
Infinite Fleet, a sci-fi game by Pixelmatic, raised $3.1m in a security token offering (STO).
KeeperDao, an on-chain liquidity underwriter for DeFi (decentralized finance), raised a seven-figure seed funding round with Polychain Capital and Three Arrows Capital, according to a Coindesk report that cited Tiantian Kullander, a founding member of the organization.
Lemonaid Health, the San Francisco-based on-demand platform for online healthcare access, netted $33m in a Series B round led by Olive Tree Ventures with support from Artis Ventures, Correlation Ventures, Hikma Ventures, Sierra Ventures and others.
altFINS, a Slovak platform for coin trading, screening and analytics, netted €1m in a seed round helmed by CB Investment Management
Circle Internet Financial, the pioneer of USDC, a digital currency, received a $25m investment from Digital Currency Group (DCG), owner of digital asset prime brokerage firm Genesis, as part of a strategic partnership between Circle and Genesis. Circle Internet Financial has offices in Boston, New York, Dublin and London.
JetClosing, a Seattle, Washington-based provider of digital-based home closing technology, scored $9m in Series B financing led by account holders of T. Rowe Price with participation from Pioneer Square Labs and Trilogy Equity.
CANDIS, the Berlin-based automated accounting and payment processes platform, nabbed €12M in a financing round helmed by Viola Ventures and Rabo Frontier Ventures, a division of Rabobank. Participating return backers included Lightspeed Venture Partners, Point Nine Capital, Speedinvest, the main incubator of Commerzbank and 42CAP.
Equipsme, a UK-based insurtech that offers business health insurance plans to companies of all sizes, exceeded its crowdfunding target of £500,000 on Crowdcube.
TiiCKER, a Detroit-based startup that seeks to bring together listed entities and retail investors, has raised $750,000 of a targeted $1.25m round of capital, and intends to seek an additional $2m later in the year, according to a report in MiBiz that cited Jeff Lambert, co-founder.
Zirtue, a Dallas-based mobile lending and relationship-based personal loan company, has raised $1.5m.
Arca, a Mexico-based car insurance platform, brought in seed funding of $1.2m with Magma Partners and LEAP Global Partners, among others.
Shengli Financial Software, a trading technology services provider based in Hangzhou, raised RMB 100m ($14m) in a round of Series B+ financing with Sequoia Capital China at the helm, according to a report by China Money Network that cited Sequoia Capital China vice president Wang Hao. The round was joined by Zhejiang Paradise Silicon Valley Asset Management Group, Fortune Capital, Eastmoney.com and Zhejiang United Investment Group and Eastmoney.com.
Mountain Health Technologies, a Dallas-based healthcare company focused on providing millennials with primary care under a monthly subscription cost, netted $1.5m in a seed funding round led by Matchstick Ventures.
Wyze Labs, the smart home technology company based in Seattle, closed $15m in financing helmed by Norwest Venture Partners, with support from American Family Ventures, Marcy Venture Partners and Amino Capital.
Injective Protocol, the NYC based decentralized derivatives exchange protocol incubated with Binance Labs, secured $2.6m in seed round funding, led by Pantera Capital, with participation from QCP Soteria, Axia8 Ventures and Boxone Ventures, Bitlink Capital and others.
Remitly, the Seattle-based cross-border payments company, has raised $85m in equity in an upround led by PayU, with participation from DN Capital, Generation Investment Management, Owl Rock Capital, Princeville, Stripes, Threshold Ventures, and Top Tier. Remitly’s valuation with the deal is now $1.5bn, TechCrunch reported.
Magnetis, a São Paulo-based algorithm-driven digital investment manager, raised R$60m (~$11.6m US) in its Series B, led by Redpoint eventures, with the participation of Vostok Emerging Finance.
Moneybox, a London-based saving and investing app provider, has raised £4m in just four hours crowdfunding on Crowdcube, which is part of its larger Series C round that was backed by VC firms, Eight Roads and CNP, along with participation from Breega, as reported by Crowdfund Insider.
Guideline, the San Mateo, California-based company that helps small businesses offer 401(k)s, collected more than $80m in a round co-led by Generation Investment Management and Greyhound Capital and supported by prior backers Tiger Global Management, Felicis Ventures, Propel Venture Partners, Lerer Hippeau, Xfund, and BoxGroup.
Voices of Wealth, the Italy-based operator of wealth management marketplace We Wealth, closed a second round of financing of €1.5m from Crif, Gellify, B.Group, and some private investors.
Heal, a Los Angeles-based health startup which offers house calls and video appointments with doctors for primary care, telepsychology services in California, as well as digital monitoring services, snagged $100m in its Series D round from health insurer Humana, giving the company a post-money valuation of at least $300m, Crunchbase News reported.
Jupiter, the San Mateo, California-based predictive data and analytics provider focused on climate risk, drew fresh funds from Liberty Mutual, MS&AD and SYSTEMIQ.
Laybuy, the New Zealand and Chicago-based ‘Buy Now, Pay Later’ (BNPL) technology company, secured an £80m debt facility from Victory Park Capital.
CapitalRise, a London-based online property lending platform, bagged nearly £1.7m through its second Seedrs crowdfunding platform raise. Future Fund is a co-investor in the round.
Edifecs, a Bellevue, Washington-based healthcare technology company helping providers, insurers, pharmacy benefit management companies and other trading partners trim waste, reduce costs and increase revenues, will receive a significant growth investment from TA Associates and Francisco Partners. The transaction is expected to close in Q3
Siepe, a Dallas, Texas-based cloud managed services and data analytics provider for asset managers, has closed a Series A funding round led by a group of high net worth individuals.
ClimaCell, a Boston and Tel Aviv-based weather forecasting and intelligence service serving a myriad of industries including insurance, has raised a $23 million Series C round co-led by new investor Pitango Growth and existing investor Square Peg Capital.