Synctera raises $33M Series A to pair fintechs with banks

Synctera, which aims to serve as a matchmaker for community banks and fintechs, has raised $33 million in a Series A round of funding led by Fin VC. The raise comes just under six months after the fintech raised $12.4 million in a seed round of funding. New investors Mastercard and Gaingels also participated in […]

Goldman Sachs leads $202M investment in project44, doubling its valuation to $1.2B in a matter of months

The COVID-19 pandemic disrupted a lot in the world, and supply chains are no exception.  A number of applications that aim to solve workflow challenges across the supply chain exist. But getting real-time access to information from transportation providers has remained somewhat elusive for shippers and logistics companies alike.  Enter project44. The seven-year-old Chicago-based company […]

SpotOn raises $125M in a16z-led Series D, triples valuation to $1.875B

Certain industries were hit harder by the COVID-19 pandemic than others, especially in its early days. Small businesses, including retailers and restaurants, were negatively impacted by lockdowns and the resulting closures. They had to adapt quickly to survive. If they didn’t use much technology before, they were suddenly being forced to, as so many things […]

Canvas lands $20M so tech’s biggest companies can find diverse talent

Ben Herman and Adam Gefkovicz launched Jumpstart in 2017 with a clear mission: to make the world more equitable via a more fair and balanced hiring process. The company released its “Diversity Recruitment Platform” in July of 2018 with the aim of helping people earlier in their careers get a “jumpstart” via technology. Over the […]

Flush with $42M, hot AI startup Faculty plans to hoover up more PhDs… and steer clear of politics

In the wake of the news that U.K.-based AI startup Faculty has raised $42.5 million in a growth funding round, I teased out more from CEO and co-founder Marc Warner on what his plans are for the company. Faculty seems to have an uncanny knack of winning U.K. government contracts, after helping Boris Johnson win […]

Eano’s Stella Wu is not your typical construction tech startup founder

Renovating a home is an exciting, yet often fraught-filled, endeavor. One startup that aims to help make the process simpler, cheaper and less stressful by helping people manage the home renovation process has raised $6 million to help it grow even faster. Builders VC led the round, which included participation from Celtic, Newfund and Wish co-founder Danny […]

Brazil’s Divibank raises millions to become the Clearbanc of LatAm

Divibank, a financing platform offering LatAm businesses access to growth capital, has closed on a $3.6 million round of seed funding led by San Francisco-based Better Tomorrow Ventures (BTV). São Paulo-based Divibank was founded in March 2020, right as the COVID-pandemic was starting. The company has built a data-driven financing platform aimed at giving businesses […]

Turkey’s Ace Games raises $7M to develop casual and ‘hyper casual’ games

Ace Games, a Turkish mobile gaming company founded by a former Peak Games co-founder, has raised a $7 million seed funding round led by Actera Group. Co-investment has come from San Francisco’s NFX. Former gaming entrepreneurs Kristian Segerstrale, Alexis Bonte and Kaan Gunay also participated. Firat Ileri is a previous investor from the pre-seed round. […]

How to break into Silicon Valley as an outsider

Nathan Beckord Contributor More posts by this contributor The lightning-fast Series A (that was 3 years in the making) Founders seeking their first check need a fundraising sales funnel Domm Holland, co-founder and CEO of e-commerce startup Fast, appears to be living a founder’s dream. His big idea came from a small moment in his […]

Persona lands $50M for identity verification after seeing 10x YoY revenue growth

The identity verification space has been heating up for a while and the COVID-19 pandemic has only accelerated demand with more people transacting online. Persona, a startup focused on creating a personalized identity verification experience “for any use case,” aims to differentiate itself in an increasingly crowded space. And investors are banking on the San […]