In a significant development for small and medium-sized businesses (SMBs), Apron has successfully raised $30 million in a Series B funding round aimed at transforming the payment landscape for SMBs. This latest investment, coming just a year after their $15 million Series A, underscores the rapid growth and innovation that Apron is bringing to the…
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…
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…
In a significant boost for the fintech landscape, point.me has announced the successful closure of a $15 million Series B funding round, a milestone underscoring its rapid ascent as a leading platform at the nexus of personal finance and travel rewards. This announcement was made today at the Skift Global Forum in New York, following…
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…
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…
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…
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…
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…
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…
