Digital identity verification and fraud platform Socure raised $450 million in an oversubscribed Series E funding round that puts its valuation at $4.5 billion, the company announced Tuesday (Nov. 9). The round was led by Accel and T. Rowe Price Associates, with participation from new...
GoTo Group has secured $1.3 billion from investors as the Indonesian tech company prepares for its initial public offering. As CNBC reported Thursday (Nov. 11), investors in this latest round of ongoing funding included massive companies like Google and China’s Tencent Holdings, as well as...
Cacheflow closed a $6 million seed funding round to help the startup grow its platform that enables software-as-a-service (SaaS) firms to offer buy now, pay later (BNPL) installment options at check-out, according to a press release Wednesday (Nov. 10). The funding round was led by...
Payitoff, an automated student loan management company serving the FinTech sector, has generated $8.5 million in a seed round, according to a Wednesday (Nov. 10) press release. Led by Lightspeed Venture Partners, the round saw participation from Sound Ventures, Struck Capital and Social Leverage, in...
Search engine startup You.com announced that it has raised $20 million, with a goal of unseating Google from its longstanding search engine dominance, Reuters reported Tuesday (Nov. 9). TIME Ventures, Salesforce CEO Marc Benioff’s venture fund, led the investment, and Benioff will transfer the You.com...
India-based car rental startup Zoomcar recently raised $92 million in a sale of shares or bonds to pre-selected investors and institutions, according to a Tech in Asia report Tuesday (Nov. 9). SternAegis Ventures was the lead investor in Zoomcar’s latest fundraising effort. Zoomcar will use...
The Canadian logistics and last-mile delivery service Bolt Logistics has raised $92 million ($115 million CAD), bringing the total funds raised by the firm to $120 million. Bolt announced the funding in a news release on Monday (Nov. 8), saying it would use the financing...
FinTech JUMO raised $120 million to help the startup further support emerging market entrepreneurs with next-generation financial services. Funding was led by Fidelity Management & Research Company with participation from Visa and Kingsway Capital. JUMO will use the new infusion of capital to build out...
Urban mobility company Lime has raised $523 million in an effort to ramp up production of its newest line of eScooters and eBikes, all in preparation to go public next year, Reuters reported Friday (Nov. 5). Lime said the funds came from convertible debt and...
