Investments

Investments
Google-Backed Factor Raises $6M in Seed Funding
December 13, 2021

Supply chain payments and order management platform Factor has raised $6 million in seed funding with the help of Google’s Gradient Ventures fund. Factor announced the funding Monday (Dec. 13), saying it would use the money build out its new just-in-time inventory financing tool and...

Investments
UK Tax and Finance App Earnr Earns New Funding
December 13, 2021

Earnr, a tax and finance app aimed at people who are self-employed, announced on Monday (Dec. 13) that it has secured $859,670 (£650,000) in funding. The London-based startup, which targets workers running tax-eligible “side hustles” in the U.K., said that its app will automate the...

Investments
Porsche, Jaguar Help Fuel BNPL Car Repair Startup Bumper’s $12M Series A
December 13, 2021

Bumper, a British buy now, pay later (BNPL) startup that helps people pay for car repairs, has raised $12 million with the help of a pair of automakers. According to published reports, Bumper’s Series A was led by Autotech Ventures, with the backing of Porsche...

Investments
DiviPay Gets $20M in Series A Round
December 12, 2021

Sydney’s DiviPay, which works with spend management for smaller firms, has completed a Series A for $20 million, a press release says. With the new funds the company plans to expand into international markets and build out its product offering. It will also be expanding...

Investments
Data Platform Spend Matters Closes Investment Deal from Copley
December 10, 2021

Proprietary tech-enabled data platform Spend Matters closed an investment deal with private investment firm Copley Equity Partners for an unspecified amount, according to a press release on Friday (Dec. 10). Copley Equity Partners, which focuses on lower middle-market companies with strong growth opportunities, backed Spend...

Investments
Inrupt Raises $30M to Expand Global Footprint 
December 10, 2021

User data platform Inrupt has raised about $30 million in its Series A financing round, giving Worldwide Web inventor Tim Berners-Lee and technologist John Bruce fresh capital for global expansion.  Forte Ventures led the latest funding round for Inrupt, while existing investors including Akamai Technologies...

Investments
Rho Grabs $75M in Series B Funding Round
December 09, 2021

Financial services platform Rho on Thursday (Dec. 9) announced the conclusion of a Series B fundraising round that brought in $75 million. Dragoneer and DFJ Growth led Rho’s funding effort, with additional participation from existing investors M13 Ventures, Inspired Capital, Torch Capital, angel investors and...

Investments
Tradeshift Looks to Grow Following $200M Investment 
December 09, 2021

The automated accounts payable and invoicing platform Tradeshift has secured more than $200 million in funding and debt from a group of investors that included Koch Industries.  The San Francisco company announced the funding in an emailed news release Thursday (Dec. 9),  saying it would...

Investments
Payments Gateway ConnexPay Nets $20M to Expand in Europe, Online
December 09, 2021

Payments gateway ConnexPay raised $20 million in a Series B funding round led by card issuing platform Marqeta, according to a press release emailed to PYMNTS on Thursday (Dec. 9). A Marqeta customer since 2018, ConnexPay links acceptance and issuance for marketplace companies and commerce...