Investments

Investments
Ocrolus Value Exceeds $500M After Netting $80M in Series C Round
September 23, 2021

Ocrolus has raised $80 million in a Series C funding round that values the document automation platform at more than $500 million, according to a Thursday (Sept. 23) press release.  The round was led by Fin VC. Ocrolus, which powers document workflows for clients that...

Investments
Open Banking Firm Vyne Completes $15.5M Seed Round
September 23, 2021

Open banking firm Vyne on Thursday (Sept. 23) completed what’s being called the largest seed funding valuation for any U.K.-based platform of its kind at $15.5 million, according to a Crowdfund Insider report.  The company is processing millions of pounds in transactions every month at...

Investments
TrueLayer Joins ‘Unicorn Club’ as Fresh Funding Chases Open Banking Opps in Europe
September 22, 2021

Global open banking platform TrueLayer joined the unicorn club this week, as its new $1 billion valuation points to both the opportunity and enthusiasm surrounding open banking in Europe. Read more: TrueLayer Notches $130M at $1B Value Backed by Tiger, Stripe The $130 million funding...

Investments
Mexico’s Used Car Startup Kavak Raises $700M in Series E Round
September 22, 2021

Mexican used-car platform Kavak raised $700 million in a Series E funding round that values the startup at $8.7 billion, the second-most valuable venture in Latin America, according to Reuters and other news outlets on Wednesday (Sept. 22). The funding was led by General Catalyst...

Investments
ResTech Startup sunday Nets $100M in Series A Funding
September 22, 2021

Atlanta, Georgia-based restaurant payment solution startup sunday on Wednesday (Sept. 22) announced it had generated $100 million in Series A equity funding. Coatue, as well as partners of DST Global and several other investors from the hotel, restaurant, hospitality and technology industries, led the most...

Investments
Pakistan’s TAG Raises $12M in Seed Funding Round 
September 22, 2021

Seeking to leverage the growing popularity of digital payments triggered by the pandemic, Pakistani FinTech startup TAG has raised $12 million and reached a valuation of $100 million, Bloomberg reported Wednesday (Sept. 22).  The funding round was led by New York-based Liberty City Ventures and...

Investments
Singapore’s Payments Startup Spenmo Closes $34M Series A Round
September 22, 2021

Spending startup Spenmo has raised $34 million in an oversubscribed funding round led by Insight Partners that was also the largest Series A closed for a Y Combinator-backed company in Southeast Asia (SEA). Additional backers included Salesforce Ventures, Lee Fixel’s Addition, Alpha JWC, Global Founders’ Capital,...

Investments
SaaS Firm Mirakl Nets $555M to Expand eCommerce Offerings
September 21, 2021

Software-as-a-Service (SaaS) firm Mirakl has raised $555 million in a Series E funding round led by Silver Lake, per a Tuesday (Sept. 21) press release. The company’s valuation is now $3.5 billion, more than twice what it was at the time of its last funding...

Investments
Bilt Rewards Nets $60M in Funding
September 21, 2021

Bilt Rewards, which enables users paying rent the ability to accrue points to be redeemed on rewards, generated $60 million in a recent funding round, pushing its value to $350 million, according to a Tuesday (Sept. 21) report from Bloomberg. Top contributors included Mastercard Inc....