Neobank Remittance/MoneyTransfer Blockchain/DLT Capital Markets RegTech RealEstate Cyber/Identity HealthTech Valuation
aliu, a blockchain-based international remittance firm based in Colombia, has raised $5.25 million in seed funding, led by Blockchange Ventures and Anthony Pompliano (via Pomp Investments).
BharatPe, the New Delhi-based financial services company for merchants, has raised US $108 million in a Series D equity round, at a valuation of US $900 million, led existing investor Coatue Management, with participation from Ribbit Capital, Insight Partners, Steadview Capital, Beenext, Amplo and Sequoia Capital.
Databricks, the San Francisco-based Data and AI company, secured a $1 billion investment at a $28 billion post-money valuation, led by new investor Franklin Templeton, who was joined by other new investors including Canada Pension Plan Investment Board, Fidelity Management & Research LLC, and Whale Rock, along with new strategic investors Amazon Web Services (AWS), CapitalG and Salesforce Ventures as well as existing investors including Microsoft, Andreessen Horowitz, Alkeon Capital Management, funds and accounts managed by BlackRock, Coatue Management, funds and accounts advised by T. Rowe Price Associates, Inc. and Tiger Global Management.
OwnBackup, the Englewood Cliffs, New Jersey-based cloud data protection platform, raised a Series D investment of $167.5 million co-led by Insight Partners, Salesforce Ventures, and Sapphire Ventures, with participation from existing investors Innovation Endeavors, Vertex Ventures, and Oryzn Capital.
Melio, a New York and Tel Aviv-based startup which helps small businesses digitally manage their supplier payments, has raised a further $110 million in a funding round led by Coatue, bringing its valuation to $1.3bn
Sidecar Health, the Los Angeles-based health insurtech company, has raised $125 million in its Series C funding round, at a valuation of $1 billion, led by Drive Capital and joined by new investors BOND, Tiger Global and Menlo Ventures along with existing investors Cathay Innovation and GreatPoint Ventures
PPRO, the London-based global provider of local payments infrastructure, has secured over US $180 million in new investment from investors including Eurazeo Growth, Sprints Capital, and Wellington Management, with the company now valued over $1 billion. FT Partners acted as exclusive financial advisor and Noerr as legal advisor to PPRO in the transaction.
Personio, the Munich-based startup which offers an all-in-one HR software for small- and medium-sized companies with 10 to 2,000 employees, has raised $125m in Series D funding, at a $1.7B valuation, led by existing investor Index Ventures, with participation from all other existing investors, Accel, Lightspeed Venture Partners, Northzone, Global Founders Capital, and Picus.
Judo, the Australian Challenger bank for SMEs, has reportedly raised $280 million in a Series D round, with 60% coming from new investors, which values the company at more than $1.6bn – The Australian
Qualia, a San Francisco-based digital real estate closing technology company, bagged $65 million in a Series D round, led by existing investor Tiger Global, alongside other existing investors 8VC and Menlo Ventures, increasing its total funding to $160 million and valuing the five-year-old company at over $1 billion. Additionally, Qualia acquired Adeptive Software, the Superior, Colorado-based developer of ResWare, a complementary title and escrow production software. – GlobeNewswire
Pine Labs, the India-based payments and merchant commerce company, has raised a fresh round of funding from Lone Pine Capital, which values the company at over USD $2 billion. – Pine Labs The round was reportedly between $75-$100 million. – ET
Creditas, the Brazilian lending business, bagged $255 million in new financing round that included new investors LGT Lightstone, Tarsadia Capital, Wellington Management, e.ventures and an affiliate of Advent International, Sunley House Capital, as well as previous investors including SoftBank Vision Fund 1, SoftBank Latin America DFund, VEF, Kaszek and Amadeus Capital Partners. – TechCrunch (Jonathan Shieber. The company could be valuaed at $1.75bn according to TechCrunch.
GoCardless, the UK-based processor of recurring debit payments for more than 55,000 businesses worldwide, has raised $95 million in a Series F funding round, led by Bain Capital Ventures. – Finextra
Venafi, the Salt Lake City-based identity management start-up, has received an undisclosed amount of funding from Thoma Bravo (now a controlling stake holder), which brings the company’s post money valuation to $1.15 billion. – Fintech Futures
Tink, the Sweden-based open banking platform, has added another €85m in an investment round extension co-led by new investor Eurazeo Growth and existing investor Dawn Capital, with participation from additional existing investors PayPal Ventures, HMI Capital, Heartcore, ABN AMRO Ventures, Poste Italiane and BNP Paribas’ venture arm, Opera Tech Ventures. – FinTech Global Tink has seen its valuation rise to 680 million euros ($824 million), sources told CNBC.
Ethereum Push Notification Service (EPNS), a Mumbai-based provider of a push notification service that allows crypto services to send notifications to user wallets, has raised $750,000, at a valuation of $5 million, from several investors in the web3 ecosystem, including Balaji Srinivasan (former Coinbase CTO), Mariano Conti (former head of smart contracts at MakerDAO), Scott Moore (Gitcoin co-founder) as well as several VCs including TheLao, MetaCartel and Fourth Revolution Capital. – The Block (Saniya More)
Current, the New York-based challenger bank, has raised $131m in Series C funding led by Tiger Global Management with participation from new investors Sapphire Ventures and Avenir as well as existing investors Foundation Capital, Wellington Management Company and QED Investors. The company now has a valuation of $750m. – PR Newswire
Chainalysis, the New York-based blockchain analysis company, has secured a $100m Series C financing led by Addition, with participation from Accel, Benchmark, and Ribbit, bringing its valuation to over $1bn. – PR Newswire
Marshmellow, a UK-based car insurance startup, has raised $30m in Series A funding and reportedly now holds a valuation round $310m – TechCrunch (Ingrid Lunden)
Newfront, a San Francisco-based tech-driven insurance brokerage, has raised over $100m of funding, which values the company at $500m, according to a company press release. Its lead investors are Founders Fund and Meritech Capital.
Greenlight Financial Technology, an Atlanta-based company whose app and debit card are design to help parents teach their kids about the value of saving, banked $215m in Series C funding led by Canapi Ventures and TTV Capital, with the company receiving a reported $1.2bn post-money valuation, as reported by CrunchbaseNews.
Chime, the San Francisco-based neobank, has reached a valuation of $14.5bn in a new Series F round of $485m, according to a CNBC report that cited Chris Britt, CEO.
dLocal Achieves $1.2B Valuation After Securing New $200M Investment, Atlantic and welcomes Addition as a new investor.
Acko, the India-headquartered insurtech backed by Amazon, raised $60m in a round led by Munich Re Ventures, with participation from some of its current investors including RPS Ventures and Intact Ventures as well as Amazon. The company is now valued at about $500m, a person familiar with the matter told TechCrunch.
Klarna, the Sweden-based buy now pay later specialist, inked another $650m in funding led by SilverLake at a post-money valuation of $10.65bn, the Wall Street Journal reported. Blackrock, GIC, and HMI Capital also participated.
Lyra Health, a Burlingame, California-based mental health benefits provider to employers, has raised $110m in a Series D round led by Addition and joined by Adams Street Partners and existing investors, including Howard Schultz, Casdin Capital, Glynn Capital, Greylock Partners, IVP, Meritech Capital Partners, Providence Ventures and Tenaya Capital. The D round increases lyra’s valuation to $1.1bn.
Kin Insurance, the Chicago-based home insurance technology firm, bagged $35m in Series B financing with Commerce Ventures in the lead and participation from Hudson Structured Capital Management (doing its reinsurance business as HSCM Bermuda), Flourish Ventures, QED, Alpha Edison, Allegis NL Capital, Avanta Ventures (an arm of CSAA Insurance Group, a AAA Insurer), August Capital, the University of Chicago via its Startup Investment Program, and others.
Blend, a San Francisco-based digital lending solution provider, has secured $75m in Series F funding led by Canapi Ventures, with participation from existing investors Temasek, General Atlantic, 8VC, Greylock, and Emergence. The round increases Blend's valuation to nearly $1.7bn, according to a company press release.
Trumid, a New York-based bond trading platform, has raised $200m in a round that now values the company at more than $1bn, according to a Bloomberg report. Dragoneer Investment Group led the round which also included TPG as well as funds and accounts managed by T. Rowe Price Associates and BlackRock. FT Partners advised Trumid on the financing.
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.
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.
True Link Financial, which provides prepaid Visa cards and investment management to the elderly, disabled people, and those in recovery from addiction, closed a $35m Series B led by Khosla Ventures with participation from Centana Growth Partners. The San Francisco-based company’s valuation is now around $115m, according to TechCrunch.
Ro, the New York-based telehealth firm, secured $200m in a round of financing helmed by General Catalyst that valued the company at $1.5bn, according to a report on CNBC that cited CEO Zachariah Reitano.
Hippo, the Palo Alto-based Insurtech, has closed $150m in an oversubscribed Series E round valuing the company at $1.5 billion post-financing, according to a press release. Hippo secured FinTLV, Ribbit Capital, Dragoneer and Innovius Capital as new investors
Scalable Capital, the Munich-based digital wealth manager, closed €50 million ($58 million) in a Series D round from new and existing investors including BlackRock, HV Holtzbrinck Ventures and Tengelmann Ventures. Its post-money valuation stands at €400 million ($460 million), Scalable’s CEO told TechCrunch.
Policybazaar, an Indian online insurance company, wants to list in fall of 2021 and will seek a valuation of more than $3.5bn, according to published reports. Policybazaar is in the process of choosing two or three underwriters to lead the IPO, prior to which it expects to raise $250m at a valuation of at least $2bn, according to the reports, which also noted that the firm plans a Mumbai listing, but could pursue a dual listing.
Marqeta, the Oakland-based payments startup, is planning to go public at a valuation that could reach $8 billion via an IPO that will most likely be in the first half of 2021, according to a Forbes report citing unnamed sources.
Auth0, a Bellevue, Washington-based identity and authentication platform, has raised a $120m in a Series F round led by Salesforce Ventures, with participation from existing investors Bessemer Venture Partners, Sapphire Ventures, Meritech Capital, World Innovation Lab, Trinity Ventures, Telstra Ventures and K9 Ventures as well as new investor DTCP. The company says its valuation is now $1.92bn, as reported by TechCrunch.
Lanistar, a London-based polymorphic debit card company, raised £15m from Milaya Capital, achieving a £150m valuation, according to a report by The Commentator that cited CEO Gurhan Kiziloz.
Aye Finance raised $27.5m in Series E financing and is now valued at over $250m, TechCrunch reported.
Checkout.com, the London-based global payments company, bagged $150m in Series B funding led by Coatue, with participation from existing investors, including Insight Partners, DST Global, Blossom Capital, and Singapore’s Sovereign Wealth Fund, GIC. The round valued the company at $5.5bn post-money, according to reports.
Postman, the San Francisco-based API development platform, raised $150m in a Series C round with Insight Partners leading and joined by prior backers CRV and Nexus Venture Partners.
Monzo, the UK-based unicorn challenger bank, has closed a $76m funding round at a 40% valuation drop, according to a multiple press reports.
Celsius Network, a London-headquartered blockchain-based financial services platform, is seeking, through investment platform BnkToTheFuture, community participation for a $15m equity raise of which $10.5m has already been raised at a $120m valuation.
Numbrs raises $40 million as it looks to expand beyond Germany
The company has just raised $350m in a Series E round.
The listing would be one of the largest so far this year and is expected to give Nexi an enterprise value of about 7 billion euros.
An argument for why Coinbase's recent valuation for it platform suggests the cryprocurrency market is unvervalued.
A nice article providing details on the plans by Hong Kong digital wallet provider to go public.
An article that highlights Blockade Games' seed equity round and valuation.
CNBC article says new life insurance startup Ethos valued at 100m in a new round, as of Oct. 30, 2018
MidWest headquartered insurtech targeting only good drivers tops $1 billion valuation in latest round
Ebang, Bitmain and Canaan are three Chinese bitcoining mining startups that a report said have already surpassed the one billion dollar valuation threshold
Bitmain , a Chinese bitcoin mining firm and hardware manufacturer, secured a healthy valuation following a recent capital raise
Detailed insight into how three insurtech startups are performing using publicly available data.
Tradeshit joins the Unicorn club after pre-IPO round according to well-reported Bloomberg story that includes a CEO interview
Latest Round values Oscar Health at $3.2 billion
Article gives post-money valuation for CoinSquare, a Canadian exchange for buying and selling digital currencies
Riot Blockchain Participates in Coinsquare Private Placement; Coinsquare Receives CAD $430 Million Post-Money Valuation