Connectly Secures $7.85M in Series A Funding
- 8 months 3 weeks ago
- Fundraising News
Connectly, the leader in conversational commerce, today announced its $7.85 million Series A investment led by Volpe Capital, with participation from RX Ventures and Saurabh Gupta, managing partner of DST Global. This brings the total amount the company has raised to $17.25 million.
Cybersecurity AI Firm SpiderSilk Raises $9M Led by WAED Ventures
- 8 months 3 weeks ago
- Fundraising News
SpiderSilk, a Dubai-based cybersecurity AI startup, is making significant strides in the rapidly evolving world of cyber defense. The firm announced a successful $9m funding round, spearheaded by Waed Ventures, the $500m Kingdom-based venture capital fund of Aramco. The round also saw active participation from STV and Global Ventures.
Accelex Announces $15M Series A Funding Round Led by FactSet
- 8 months 4 weeks ago
- Fundraising News
Accelex, a leading provider of AI automation for private markets data acquisition, reporting and analytics, announced today it has closed a $15 million Series A funding round led by FactSet, a global financial digital platform and enterprise solutions provider, with participation from existing investors Illuminate Financial, AlbionVC, SixThirty Ventures and Expon Capital.
Funding Societies Raises US$7.5M in Debt Funding from Norwegian Norfund
- 8 months 4 weeks ago
- Fundraising News
Funding Societies, the largest unified digital finance platform in Southeast Asia, today announced that it has raised US$7.5 million in debt from Norfund, a Development Financial Institution (DFI), which operates an investment fund owned by the Norwegian government for developing countries. This is the first debt transaction by Norfund with a FinTech SME lender in Southeast Asia.
BNPL Platform Tabby Secures $200M in Series D Funding Led by Wellington Management
- 8 months 4 weeks ago
- Fundraising News
Buy now, pay later platform Tabby has secured $200 million in Series D funding at a $1.5B valuation, making it the Mena region's first fintech unicorn head of a planned IPO in Saudi Arabia. The $200M equity round was led by Wellington Management with participation from Bluepool Capital in addition to existing investors STV, Mubadala Investment Capital, Arbor Ventures and PayPal Ventures.
Brazilian QI Tech Secures $200M Series B Led by General Atlantic
- 9 months 16 hours ago
- Fundraising News
Brazilian banking-as-a-service startup QI Tech has raised $200 million in a Series B round of funding led by General Atlantic.
Insurtech Sprout.ai Raises £5.4 Million from Global Investors to Transform Claims Processing
- 9 months 20 hours ago
- Fundraising News
AI-led insurance claims automation company, Sprout.ai, has raised £5.4 million in a round led by venture capital investors Amadeus Capital Partners and Praetura Ventures. UK investor Capricorn Capital Partners, US investor Forefront Venture Partners, Canadian investor Verstra Ventures and UK investor Portfolio Ventures Angel Fund join Sprout.ai’s existing investors, Octopus Ventures, Playfair and Techstars in the round.
Embedded Finance Secures Significant New funding, Positioning the Company for a Return to Growth
- 9 months 1 day ago
- Fundraising News
Embedded Finance (trading as Railsr) is pleased to announce that it has secured funding of $24M from existing investors including D Squared Capital and Moneta Venture Capital, reflecting their continuing confidence in the company’s growth potential and strategic vision. Dan Adler, Managing Director of D Squared Capital, said:
Canopy Connect Raises $6.5M Series A Led by Nevcaut Ventures
- 9 months 4 days ago
- Fundraising News
Canopy Connect, a leading platform dedicated to collecting, verifying, and monitoring insurance data, is elated to announce a successful $6.5m Series A funding round. This notable round was spearheaded by Nevcaut Ventures and witnessed considerable participation from investors such as Elefund, Nimble Partners, LocalGlobe, 9Yards Capital, and Global FinTech Venture Partners, among others.
BBVA Spark Backs Twinco Capital with New €50 Million Debt Facility to Serve Growing Demand for Sustainable Supply Chain Finance
- 9 months 4 days ago
- Fundraising News
There is a staggering $2.5 trillion global trade finance gap that mainly affects SMEs in emerging countries, limiting their ability to access new business opportunities.
AgentSync Raises $50M in Funding to Drive Operational Efficiencies For Insurers and Distributors
- 9 months 4 days ago
- Fundraising News
AgentSync, the leader in modern insurance infrastructure, today announced an additional $50 million fundraise, bringing the company's total funding to date to $161 million. The round was co-led by existing investors Craft Ventures and Valor Ventures. Since raising the Series B in Q4 2022, AgentSync has seen 3x ARR growth and more than 2x customer growth. AgentSync works with more than 200 insurance companies spanning carriers, MGAs, and agencies... more
Arteria AI Announces $30M Series B Led By GGV Capital U.S.
- 9 months 5 days ago
- Fundraising News
Arteria AI, the market-leading applied AI company building modern documentation infrastructure for institutional finance, today announced its oversubscribed $30 million Series B financing round led by GGV Capital U.S., with participation from all existing major investors, including Illuminate Financial, Information Venture Partners, BDC Capital and Citi. The round brings the company’s total funding to $50 million to date.
YouTrip Closes Record-Breaking US$50 Million In Series B Fundraise
- 9 months 5 days ago
- Fundraising News
YouTrip, a Singapore-based fintech that offers multicurrency wallet for consumers and business accounts with corporate cards for SMEs, has its eyes on growth throughout Southeast Asia after landing a Series B led by Lightspeed. The round was $50 million, and brings YouTrip’s total raised to $100 million since it launched in 2018.
UnaFinancial Seeks US$15M for its Digital Finance App in UAE
- 9 months 5 days ago
- Fundraising News
The digital finance app will become the first product in the Middle East for its parent company UnaFinancial, which has been developing fintech services in APAC and Europe since 2015. UnaFinancial has already provided initial funding for the startup. Now, it is looking to raise funds for the second round, which will cover internal IT development and marketing expenses. Additionally, the project is open for technology and business partnerships.
Aleph Raises $16.7M to Build Next-Gen Financial Planning and Analysis Platform
- 9 months 6 days ago
- Fundraising News
Aleph, the source of truth for finance teams, emerged from stealth with $16.7 million in financing. The funding round was led by Bain Capital Ventures (BCV) with participation from existing investors Khosla Ventures, Picus Capital and Y Combinator, and including angel investors and current customers. Aleph serves as the one repository for all financial data, helping teams make better decisions, faster.
