Walnut Insurance, a trailblazer in the insurance distribution sector, has announced the successful closing of a $4.6 million funding round. This investment marks a significant milestone for the company, which aims to revolutionize the industry through its advanced embedded insurance technology platform. The newly acquired capital will be channeled towards scaling Walnut’s innovative solutions, expanding…
CloudPay, a leading independent provider of global payroll and payment solutions, has announced the successful completion of a $120 million funding round. The investment was led by Blue Owl Capital, with significant contributions from existing shareholders Rho Capital Partners, The Olayan Group, and Hollyport Capital. This substantial funding boost will further fortify CloudPay’s capital base…
Nexio, an emerging leader in Bitcoin scaling solutions, has announced a successful $2.2 million pre-seed funding round. The company aims to transform Bitcoin’s scalability and efficiency with its cutting-edge parallelized rollup technology. The investment will expedite Nexio’s development of its groundbreaking Bitcoin rollup system, designed to address key limitations in the Bitcoin ecosystem. Nexio’s innovative…
Inscora, an innovative Montreal-based startup specializing in automated cyber risk assessment and sales enablement for cyber insurance brokers, has successfully raised $2 million in its latest funding round. The investment, led by Luge Capital, includes contributions from Desjardins Capital, Accelia Capital, Inovia Capital, and notable angel investors from the cybersecurity sector. Founded by Gabriel Tremblay,…
HubiFi, a cutting-edge solution in financial intelligence and revenue recognition, has successfully completed its seed funding round with $2.5 million secured. This investment, co-led by Motivate Ventures, Anthemis (with support from Foxe Capital), and Rev1, marks a pivotal step in advancing HubiFi’s mission to revolutionize revenue management for high-transaction businesses. HubiFi, launched in 2023, addresses…
When, an innovative player in the realm of employee offboarding, has announced the successful closure of a $4.6 million Seed funding round. Led by B Capital, this round also saw participation from TTV Capital, Joyance Partners, Alumni Ventures, Network Ventures, and Enfield Capital Partners. This latest influx of capital, alongside the company’s initial $2.4 million…
Gradient AI, a premier enterprise software provider specializing in artificial intelligence for the insurance sector, has successfully closed a Series C funding round, securing $56.1 million. This substantial investment, spearheaded by Centana Growth Partners and supported by existing investors MassMutual Ventures, Sandbox Insurtech Ventures, and Forte Ventures, is poised to significantly bolster the company’s capabilities…
Monto, an Israeli fintech innovator specializing in AI-driven solutions for B2B payments, has announced the successful closure of a $9 million seed funding round. The funding, spearheaded by Scale Venture Partners and complemented by investments from Verissimo Ventures, F2 Venture Capital, Firsthand Alliance, and Room40 Ventures, marks a pivotal step as Monto transitions from stealth…
Layer2 Financial, a pioneer in regulated payments infrastructure, has announced a substantial $10.7 million Series A funding round. This investment, led by Galaxy Ventures with significant participation from Accomplice, is set to propel Layer2’s mission of transforming the cross-border payments landscape. The Series A funding arrives amidst remarkable growth for Layer2 Financial, which has seen…
Faye, the acclaimed travel platform known for integrating insurance, assistance, and financial solutions, has successfully raised $31 million in Series B funding. This latest round elevates Faye’s total funding to $49 million. The investment was spearheaded by Portage, with notable contributions from Lumir Ventures and continued support from existing backers F2 Venture Capital, Viola Ventures,…
