Fixed income investment startup Jiraaf has raised $8.7 million in its series B round of funding, according to ETtech report. The round was led by existing investor Accel and Harmony Partners. It also saw participation from domestic early-stage seed fund Capital A and a bunch of angel investors. Since inception in September 2021, Jiraaf has…
Lottie, the free online marketplace that connects care seekers and retirees to UK care homes, home care services, and retirement living communities, announced that it has raised a $21M (£16.35M) Series A funding round led by Accel, with participation from previous investor General Catalyst. This brings the total amount raised by the company to $31M (£25M). Lottie will use…
Fintech startup Fundly.ai said it has raised $3 million in a seed funding round, led by Accel, according to ETtech report. Other investors in the round included Multiply Ventures and other angel investors. The pharma supply chain startup that services retailers and distributors also financially equips them to manage better cash flows and increase their…
Spendflo, an all-in-one SaaS buying and management solution, announced the completion of an $11M Series A fundraising round led by Prosus Ventures and Accel. It comes just ten months after its seed round, bringing the total funds raised to $15.4 million from investors, including Prosus Ventures, Accel, Together Fund, Signal Peak Ventures, and Boldcap Ventures.…
Wall Street and Silicon Valley are coming together to build digital asset management solutions focused on connecting institutional investors to the crypto ecosystem. Earlier this year, former HSBC trader Ashutosh Goel and former Meta Asia executive Supreet Kaur paired up to build xalts, an investment management and technology firm focused on driving real-money institutional participation…
Finbots.AI, an AI-powered company bringing innovation to banks and financial institutions, announced that it has raised $3 million from Accel in as part of a Series A funding round. This investment comes from Accel’s Fund VII and is the first outside investment for Finbots.AI, a statement said. The funds will be used to accelerate product…
Pismo, the cloud-native core banking and payments platform, has announced the signing of a $108 million Series B fundraising round, led by SoftBank Latin America Fund, Amazon and Accel with participation from B3, Falabella Ventures and PruVen and existing investors and Headline and Redpoint eventures. The funding will fuel the company’s global expansion and accelerate…
LetsVenture, India’s leading startup investment marketplace, announced the launch of its new business entity – trica, a unified platform for equity management and private market investments. This new business entity has separately secured $3 million in a seed funding round from Accel, LC Nueva AIF, Secocha Ventures; marquee angel investors Anupam Mittal of shaadi.com, Kunal Shah of…
Gem has announced that it has raised $100 million in series C funding round at a $1.2B valuation. The round was led by ICONIQ Growth and includes participation from returning investors Greylock and Accel, as well as new investors Sapphire Ventures and Meritech Capital. According to a statement, as of September 2021, Gem counts over…
Global media SaaS technology company Amagi Saturday has announced that it has secured over $100 million in funding round from Avataar Ventures, Accel Partners, Premji Invest and Norwest Venture Partners. Speaking on the announcement, Baskar Subramanian, Co-founder and CEO of Amagi, stated, “Amagi will immensely benefit from the collective experience of Accel, Avataar, Norwest, and…
Bengaluru-based home interior startup HomeLane has announced that it has raised $50 million in the Series E funding round led by OIJIF II (Oman India Joint Investment Fund), Stride Ventures and IIFL AMC’s Late Stage Tech Fund. Existing investors Pidilite, NuVentures, Evolvence, Accel and Sequoia also participated in the funding round. Srikanth Iyer, Co-founder and…
The Y Combinator-backed startup Breathe Well-Being has raised $5.5 million in its Series A round, led by Accel, according to ETtech report. General Catalyst, 3one4 Capital and Scott Shleifer, the global managing director of New York-based investment firm Tiger Global also participated in the round. “We will use the capital to deepen our tech expertise…
Emeritus, an education upskilling company, has announced a $650 million funding round, through a mix of primary and secondary funding, which values the company at $3.2 billion, quadrupling its Series D valuation from August, 2020. The investment was led by Accel and SoftBank Vision Fund 2. Accel and SoftBank Vision Fund 2 join Emeritus’ returning…
Prodigal, the intelligence layer for loan servicing and collection operations, has announced a $12M Series A led by Menlo Ventures. Participating and existing investors include Accel, Y Combinator, and MGV. Lending industry veterans like Eric Sage (COO Plaid), Anand Joshi (ex American Express), and Nicholas Hinrichsen (CEO Carlypso) also joined the round. According to the…
Shogun, an e-commerce experience platform, has announced that it has raised a $67.5 million Series C round of funding led by new investor Insight Partners, with participation from existing investors Initialized Capital, Accel and VMG Partners. This brings the company’s total funding to $114.5 million. Shogun will use this latest funding to accelerate product development…