June 27, 2025
Headlines

Fintech

Roots Automation Secures $22.2 Million Funding to Revolutionize Unstructured Data Utilization in Insurance with AI

Editor05 mins

In a significant leap forward for the insurance industry, Roots Automation, renowned for its innovative AI solutions, has successfully closed a $22.2 million Series B funding round. This investment, spearheaded by Harbert Growth Partners, alongside support from MissionOG, Liberty Mutual Strategic Ventures, and Vestigo Ventures, aims to enhance the capabilities of its AI-driven tools and…

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Clasp Secures Over $10 Million in Funding to Transform Workforce Recruitment

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Clasp, formerly known as Stride Funding, has announced the successful closure of an oversubscribed venture funding round, securing over $10 million. The round was led by Crosslink Capital, a prominent venture firm with a $4.6 billion portfolio, pushing Clasp’s total funding to more than $30 million. New strategic investors include the Society for Human Resource…

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Akur8 Secures $120M in Series C Funding to Transform Insurance Pricing

Editor04 mins

In a significant boost for the insurance technology sector, Akur8, a Paris-based company specializing in machine learning-driven insurance pricing and reserving solutions, has successfully raised $120 million in its Series C funding round. This new investment elevates the total funding raised by Akur8 to an impressive $180 million. The latest funding round was spearheaded by…

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Illuma Labs Secures $9 Million in Series A Funding to Enhance Voice Authentication and Combat Fraud

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Illuma Labs, a pioneering force in voice authentication technology for banking institutions, has successfully closed a $9 million Series A funding round. The investment, led by LiveOak Ventures and supported by Forefront Venture Partners, Curql Fund, UsNet, Capital Factory, Connexus, and TDECU, will drive the company’s efforts to develop cutting-edge solutions to tackle fraud, voice…

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Cognitive Credit Secures $10 Million in Series B Funding to Drive Innovation in Corporate Credit Data and Analytics

Editor04 mins

Cognitive Credit, a pioneer in data and analytics for corporate credit markets, has successfully closed a $10 million Series B funding round in the second quarter of 2024. This latest investment was spearheaded by ETFS Capital with continued support from existing investor XTX Ventures. The infusion of capital will enable Cognitive Credit to expand its…

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Palm Secures $6.1M in Seed Funding to Revolutionize Enterprise Cash Management

Editor06 mins

Fintech startup Palm has announced a successful Seed funding round, raising $6.1 million to enhance enterprise cash management. This innovative platform aims to transform the way treasury teams manage cash flow across multiple bank accounts and subsidiaries globally. Palm’s solution delivers a comprehensive overview of both historical and projected cash flows, serving as a central…

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Approveit Secures $1M to Enhance Payments Automation Platform

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Approveit, a dynamic operations and automation platform for businesses, has successfully raised $1 million in its latest funding round. The investment was led by 10vc, Verras Capital, and Telegraph Hills Capital, among other prominent partners and angel investors. The company’s platform integrates seamlessly with existing business systems to streamline financial processes, auditing, and reporting, aiming…

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Comun Secures $21.5M Series A Funding to Revolutionize Financial Services for Immigrants

Editor06 mins

Comun, a trailblazing neobank dedicated to serving the immigrant community in the U.S., has secured a substantial $21.5 million in its Series A funding round. The investment, spearheaded by Redpoint Ventures, includes participation from notable investors such as ANIMO Ventures, Costanoa Ventures, FJ Labs, RTP Global, and South Park Commons. This funding comes on the…

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Linker Finance Secures $3.7 Million Seed Round to Revolutionize Digital Banking for Community Banks

Editor04 mins

Linker Finance, an innovative platform designed to enhance digital banking experiences for community banks, has successfully closed a $3.7 million seed funding round. The investment round was led by Ten One Ten Ventures and Chingona Ventures, with additional support from Audaz Capital, Techstars, Commerce Ventures, Bank of Brodhead, and Angeles Investors. Angel investors including Edrizio…

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