Cool

Standing with the Startups

This week, the funding gods smiled on innovators who are reinventing the ways in which consumers borrow, merchants acquire customers, and issuers keep cardholder data safe. Find out who got what and how much.

This week, the funding gods smiled on innovators who are reinventing the ways in which consumers borrow, merchants acquire customers, and issuers keep cardholder data safe. Find out who got what and how much.

 

LeadiD – May 2, $7M

LeadiD, an arbiter of lead transactions, closed $7m in Series A funding.

Comcast Ventures, Tribeca Venture Partners, Genacast Ventures all participated in the round.

The company plans to “use the funds to grow its team and further strengthen its lead authentication technology for both buyers and sellers.” According to FinSMEs.

 

TaxiForMe – May 2, $10M

Serendipity Infolabs Pvt Ltd, the company known for it’s the online taxi-booking platform TaxiForSure.com, has secured $10 million in a Series B funding.

The platform facilitates car/cab rentals, point-to-point deliveries and more.

Bessemer Venture Partners, Accel Partners, Helion Venture Partners and Blume Ventures all participated in the round.

The company will use the funding to expand the platform to 10 new South Asian cities.

 

Lecorpio – May 1, $10M

Leader in cloud based Intellectual Property management and analytics; Lecorpio has raised $10M in Series B funding.

“This investment is additional validation of both the market opportunity and our industry-leading cloud-based IP management and analytics solution,” said Jay Madsen, CEO of Lecorpio in a press release.

M2O led the round.

Lecorpio will use the funds to grow the company’s talent base, product development and increase it’s customer interactions.

 

Evariant – May 2, $18.3M

Evariant, a SaaS company assisting the healthcare provider market, has raised $18.3M in Series B funding.

“Hospitals need access to big data, analytics and digital communication capabilities to turn clinical data into meaningful insights that drive proactive conversations. By providing these solutions on an integrated platform, we enable our customers to realize efficient patient, physician and employer engagement strategies,” described William Moschella, Evariant CEO and Co-founder in a press release.

Lightspeed Venture Partners, Dignity Health, salesforce.com and Health Enterprise Partners all participated in the round.

The use for the funds has yet to be disclosed.

 

Liquid – April 30, $1M

Liquid, the app analytics and personalization startup, has closed $1M in seed funding.

Faber Ventures and Portugal Ventures participated in the round.

The funding will help develop the company’s employee base, increase customer acquisition activities and support the recent public beta launch of its platform.

 

Tresority – May 1, $3M

End-to-end encrypted secure cloud storage and collaboration provider, Tresorit, closed $3 million in Series A funding.

Euroventures, Andreas Kemi, Marton Szoke, and other investors participated in the round.

"The funds will be used to drive development of Tresorit’s patent-pending cryptographic encryption technology and expand the company’s overall reach in the U.S and European markets.” Outlines the press release.

 

LendUp – April 29, $50M

LendUp, the payday loan disruptor, has raised a $50 million credit debt facility.

Victory Park Capital is solely responsible for this segment of the growing amount of equity funding LendUp is raising.

LendUp aims to make the loan experience fairer and more transparent for unbanked Americans.

 

WorkFusion – April 29, $15M

Leading enterprise crowd computing platform, WorkFusion announced $15M in Series B funding.

Mohr Davidow Ventures, Greycroft Partners, iNovia Capital, and RTP Ventures participated in the round.

The funding will deepen the company’s vertical market solutions and enable the company to meet growing customer demand.

 

ZeroFOX – May 1, $10.7M

ZeroFox, the cybersecurity startup, has secured $10.7 million in Series A funding.

New Enterprises Associates led the round with additional support from the State of Maryland, Genacast Ventures, Core Capital, and others.

"ZeroFOX is the only organization that sits at the intersection of cyber security and social media, helping customers address the information security risks associated with social,” said Evan Blair, Co-Founder and COO, ZeroFOX. “Now, with NEA’s support we are in position to become the global brand for Social Risk Management."

 

Aviso – April 30, $8M

Aviso, has successfully closed $8M in Series A funding.

The company helps corporate executives utilize their data in the better and timelier manners.

Shasta Ventures, Cowboy Ventures, First Round Capital, Bloomberg BETA and several individual investors participated in the round.

Plans for the funding have yet to be disclosed.

——————————–

Latest Insights: 

Our data and analytics team has developed a number of creative methodologies and frameworks that measure and benchmark the innovation that’s reshaping the payments and commerce ecosystem. The July 2019 AML/KYC Tracker provides an in-depth examination of current efforts to stop money laundering, fight fraud and improve customer identity authentication in the financial services space.

Click to comment

TRENDING RIGHT NOW

To Top