Perk Secures $300 Million Credit Facility to Accelerate Global Growth of Its AI-Native Platform
- 7 hours 56 min ago
- Fundraising News
Perk (formerly TravelPerk), the AI-native travel and spend management platform, today announced the close of a $300 million private credit facility led by Neuberger Speciality Finance, alongside Blue Owl Capital Inc. (NYSE: OWL), Hercules Capital Inc. (NYSE: HTGC) and Liquidity. The facility upsizes and replaces Perk's 2024 credit facility on materially improved terms.
AlphaSense Raises $350M at $7.5B Valuation and Surpasses $600M in Annual Recurring Revenue
- 1 day 6 hours ago
- Fundraising News
AlphaSense, the AI platform redefining market intelligence for the business and financial world, today announced the close of a $350 million funding round valuing the company at $7.5 billion – nearly double its most recent $4 billion valuation and bringing its total funding to well over $1 billion. This new financing follows AlphaSense’s rapid enterprise adoption and strong business momentum, with the company exceeding $600 million of annual... more
Gradient Labs Expands Series A to $26 Million to Advance AI-Powered Operations for Financial Services
- 2 days 4 hours ago
- Fundraising News
Gradient Labs, the AI company building specialized agents for financial services, today announced the expansion of its Series A funding round to $26 million. The round was led by Octopus Ventures and CommerzVentures, with continued support from existing investors Redpoint Ventures and Exceptional Capital.
Daloopa Raises $47 Million Series C to Power the Data Layer Behind AI-Driven Finance
- 3 days 7 hours ago
- Fundraising News
Daloopa, the essential data infrastructure for AI and agentic workflows in finance, today announced it has raised $47 million in Series C funding led by Brighton Park Capital, with participation from Squarepoint Capital, Touring Capital, and Nexus Venture Partners. This funding will accelerate Daloopa's platform growth as investment firms increasingly move AI systems from experimentation into production workflows, where accuracy and reliability... more
Saris Raises $28.8 Million to Scale Agentic Workflow Automation for Financial Institutions
- 6 days 7 hours ago
- Fundraising News
Saris, the agentic workflow platform for banks and credit unions, today announced it has raised $28.8 million in Series A financing. The round was led by 8VC, with participation from Audacious Ventures, Homebrew, Btech Consortium, and Service Ventures. It will be used to scale Saris’s platform across more financial institutions, deepen integrations with partners like Fiserv, Encompass, and MeridianLink, and grow the team that trains and deploys... more
Mercury Raises $200 Million Series D at $5.2B Valuation
- 1 week 4 hours ago
- Fundraising News
Mercury, the technology company providing radically different banking*, today announced a $200 million Series D at a $5.2B valuation, led by TCV. The round included participation from existing investors including Andreessen Horowitz, Coatue, CRV, Sapphire Ventures, Sequoia Capital, and Spark Capital. This brings total primary and secondary funding to approximately $700 million.
Pivot Raises $40 Million Series B to Replace Legacy Procurement Software With an Enterprise AI Operating System
- 1 week 1 day ago
- Fundraising News
Pivot, the AI operating system for procurement, today announced that it has raised $40 million in a Series B funding round, taking the total amount raised since the company’s founding in 2023 to $70 million. The oversubscribed round was led by Forestay Capital and Notion Capital, with participation from Greyhound and procurement industry veterans, including the former Global VP Sales at Ariba and the founder of EcoVadis, as well as existing... more
Relay Secures $50 Million in Financing to Build the Small Business Financial Command Center
- 1 week 2 days ago
- Fundraising News
Relay, the small business banking1 and money management platform, today announced a $50 million growth investment by General Catalyst. The financing marks a growth inflection point for Relay. The company now oversees more than $1.3 billion in managed customer deposits through Thread Bank, Member FDIC, and is trusted by more than 150,000 small businesses to deliver cash flow clarity at a moment when it matters for main street. Since Relay’s $32.2... more
Octane Closes $350 Million Forward-Flow Agreement With Nuveen
- 1 week 6 days ago
- Fundraising News
Octane®, the fintech company unlocking the power of financial products for retailers and consumers, announced today that it has executed a $350 million forward-flow agreement with Nuveen, the global investment leader managing $1.4 trillion in public and private assets for clients including TIAA, its parent company, and one of the world's largest institutional investors. Guggenheim Securities, LLC acted as sole structuring advisor and arranger on... more
Farther Raises $150 Million Series D Led by General Atlantic to Scale Intelligent Wealth Management
- 2 weeks 7 hours ago
- Fundraising News
Farther, Intelligent Wealth Management, natively built to unlock greater client wealth, today announced it has raised $150 million in Series D funding led by General Atlantic, a leading global investor, with participation from existing investors.
Primer Raises $100M Series C to Bring AI to Every Payment and Accelerate US Expansion
- 2 weeks 1 day ago
- Fundraising News
Primer today announces a $100 million Series C funding round, as it continues to build the AI-enabled operating layer for global payments and finance. The round is led by Sofina, with participation from Peak XV Partners, and continued backing from all existing investors, including Balderton, Accel, ICONIQ, Tencent, and Speedinvest.
Checker Raises $8M From Galaxy Ventures, Al Mada Ventures and Framework Ventures to Unify Fragmented Digital Asset Markets for Institutions
- 2 weeks 1 day ago
- Fundraising News
Checker, a global network that enables financial institutions to plug into stablecoins and digital asset liquidity, cross-border payments, treasury, and credit via a single API, announced today that it has raised $8M in funding from Galaxy Ventures, Al Mada Ventures, and Framework Ventures. Additional participants include strategic financial institutions, such as Bitso and Airtm in Latin America, DFS Lab in Africa, and Onigiri Capital, SNZ... more
bunch Raises $35M Series B to Replace Legacy Fund Operations With AI-Native Private Markets Infrastructure
- 2 weeks 2 days ago
- Fundraising News
bunch, the AI-native fund operations platform for private markets, today announced the close of its $35 million Series B. The round was led by Portage, with participation from Illuminate Financial, significant follow-on investment from existing investors Motive Partners, Cherry Ventures, and Fintech Collective and additional angel investors. The funding will be used to accelerate commercial growth across Europe, deepen bunch's automation and AI... more
DDD Invoices Raises €1.31 Million Seed
- 2 weeks 3 days ago
- Fundraising News
As governments move into requiring reporting of electronic invoices to local tax portals in real-time, DDD Invoices closes a €1.31M seed round to build the API‑first infrastructure that keeps invoices tax‑compliant by using proprietary AI logic.
equipifi Secures $34 Million Series B to Accelerate Buy Now, Pay Later Across U.S. Financial Institutions
- 2 weeks 6 days ago
- Fundraising News
equipifi, the fintech platform enabling banks and credit unions to offer flexible payment solutions natively within their digital banking experience, today announced the close of its $34-million Series B. The round was led by Left Lane Capital, with continued participation from all existing investors, including Curql and PHX Ventures. The raise brings equipifi's total funding to $49 million.
