Investments

Investments
Sapphire Ventures Announces $1 Billion Investment in AI-Powered Enterprise Technology
July 11, 2023

Sapphire Ventures has committed an investment of more than $1 billion to cultivate the next generation of artificial intelligence (AI)-powered enterprise technology. This investment marks a deepening of Sapphire’s dedication to AI technology and building on the success of their past investments in and scaling of...

Investments
Clair Secures $175 Million Investment for on-Demand Pay Solution
July 06, 2023

New York City-based FinTech Clair has raised $175 million in funding. The financing was led by Thrive Capital and included participation from Upfront Ventures and Kairos, Clair said in a Thursday (July 6) press release. Michael Presser, investing partner at Kairos, is also joining Clair’s board as an observer. Founded in 2019, Clair provides...

Investments
Accounting Platform Dougs Raises $27 Million After Self-Funding for 8 Years
July 05, 2023

After eight years of self-funding, French accounting startup Dougs has  raised its first outside financing. The company took in $27 million in its first funding round, TechCrunch reported Wednesday (July 5), and plans to use the capital to double the size of its team by 2025 and expand...

Investments
HealthTech Firm Neko, Co-Founded by Spotify CEO, Raises $65 Million
July 05, 2023

Swedish medical diagnostics company Neko Health has raised 60 million euros (about $65 million) to expand beyond its borders. The company, co-founded by Spotify CEO Daniel Ek, announced the Series A funding in a Wednesday (July 5) press release, noting that it was the first time it had brought in outside capital....

Investments
Statement Raises $1.9 Million for Payments Marketplace for Small Businesses
July 03, 2023

Statement has raised 1.5 million pounds (about $1.9 million) for its platform that connects small businesses and payments providers. The pre-seed funding round was led by venture capital (VC) fund Northzone. “Statement, the platform helping small businesses save money on hidden card acceptance fees, has launched,” Northzone...

Investments
AI Firm Typeface Valued at $1 Billion After Salesforce/Google Funding
June 29, 2023

Generative artificial intelligence (AI) platform Typeface has been valued at $1 billion after raising $165 million. The funding includes $100 million from a Series B round with contributors including Salesforce Ventures and Google Ventures, part of an ongoing wave of Big Tech investment in AI,...

Investments
Maza Raises $8 Million to Give US Immigrants Financial Foothold
June 28, 2023

Financial platform Maza has raised $8 million to help provide immigrants with financial identities. The Los Angeles-based company announced the seed funding in a Wednesday (June 28) press release, saying the financing will bolster its platform, which automates a U.S. tax presence for immigrants. “As descendants of Latin American...

Investments
Resistant AI Raises $11 Million for AI Security Solutions
June 27, 2023

Resistant AI has raised more funding for its artificial intelligence (AI) and machine learning (ML) security solutions. The company has added $11 million from venture capital (VC) firm Notion Capital to its Series A funding, bringing the total to $27.6 million, Resistant AI said in...

Investments
Odoo Receives $164 Million to Expand Business Software Suite Globally
June 26, 2023

Odoo has received a strategic investment of 150 million euros (about $164 million) to continue its global expansion. The Belgium-based provider of open-source integrated business software applications for small and medium-sized businesses (SMBs) received the investment from global growth equity firm General Atlantic, Odoo said...