Tag : Capital

Roots Automation Raises $22.2 Million to Unlock the Value Held within Unstructured Data across Insurance with AI
Artificial Intelligence InsurTech News

Roots Automation Raises $22.2 Million to Unlock the Value Held within Unstructured Data across Insurance with AI

PR Newswire
by PR Newswire0
Capital will accelerate growth and build upon Roots Automation’s made-for-insurance AI, enabling carriers, TPAs, brokers, and agents to drive significant improvements in overall business performance Roots Automation, creator of the AI-powered Digital Coworker and InsurGPT™, the world’s first generative AI model for insurance, announced the closing of a $22.2 million Series B funding round.......
Leading Global Institutions Invest in a Clean Energy Future With Generate Capital
Fintech News

Generate Capital Closed Capital Raise With $1.5 Billion

Fintech News Desk
by Fintech News Desk0
CalSTRS’ participation in this capital raise establishes a strategic partnership with Generate and deepens their ongoing investment in the platform. Generate Capital, a sustainable infrastructure platform, announced the closing of its latest capital raise with $1.5 billion in new capital commitments from preeminent global institutional investors. The California State Teachers’......
Insurtech Startup Quotewell Comes Out of Stealth, Raised Over $15 Million in Series a Funding Led by NEA
InsurTech News

Insurtech Startup Quotewell Comes Out of Stealth, Raised Over $15 Million in Series a Funding Led by NEA

PR Newswire
by PR Newswire0
QuoteWell, a tech-enabled commercial insurance wholesale brokerage that is at the forefront of innovating the distribution side of insurance, announced the launch of its brokerage operations to serve independent retail agents. QuoteWell helps agents who are often overlooked and given poor customer service due to low premiums associated with their......
Rho Closes Deal with Capital, Bolstering Support for Tech Startups
Finance Fintech News

Rho Closes Deal with Capital, Bolstering Support for Tech Startups

PR Newswire
by PR Newswire0
Rho, the all-in-one financial platform organizations can bank on, announced it has completed a transaction to have Capital, the founder-friendly fundraising and banking platform, join Rho. Capital’s founders and key team members will leverage their expertise in startups and founder engagement to reinforce Rho’s support for tech startups. With this......
Mill Point Capital Partners with Core Technology Solutions
Fintech Investment Services News

Mill Point Capital Partners with Core Technology Solutions

Business Wire
by Business Wire0
Mill Point Capital Investment Supports the Continued Growth of Core Technology Solutions Core Technology, LLC (“Core Technology” or the “Company”), a national IT lifecycle management company offering field service solutions, announced that it has partnered with Mill Point Capital LLC (“Mill Point”), a middle-market private equity firm focused on control-oriented......
Business Investments Markets News

$100 Million Raised By PhonePe From Ribbit Capital, Tiger Global And TVS Capital

Fintech Staff Writer
by Fintech Staff Writer0
The Bengaluru-based organization had raised $350 million last year as the primary tranche from private value firm Broad Atlantic. With this subsequent tranche, it has brought $450 million up in the a month and a half after it moved habitation to India. PhonePe reported a full partition from the Flipkart......
New Fintech Launches with $20 million in Seed Capital, $50m Warehouse to be the First to Combine Credit and International Money Transfer
Digital Wallet News

New Fintech Launches with $20 million in Seed Capital, $50Million Warehouse to be the First to Combine Credit and International Money Transfer

Fintech News Desk
by Fintech News Desk0
Pomelo launches a new type of credit card that enables families in the US to extend their credit abroad while avoiding expensive remittance fees – an industry first Pomelo announced a Series Seed of $20 million in venture capital and $50m in warehouse facility for a total of $70m in seed financing, and is the first company to......
New Hedera Token Service Offers Native Token Issuance and Configurability Without Smart Contracts
Banking Business Fintech Investment Services News

New Hedera Token Service Offers Native Token Issuance and Configurability Without Smart Contracts

Fintech News Desk
by Fintech News Desk0
HTS Enables Enterprises to Embrace the Disruption of Tokenization in a Secure, Performant Manner Hedera Hashgraph, the enterprise-grade distributed public ledger, today announced the public availability of the Hedera Token Service (HTS), a new Hedera network service that offers users the ability to issue and configure tokens on the Hedera......
Norwegian Block Exchange Raises €5.84 Million in Fresh Capital
Banking Business Fintech News

Norwegian Block Exchange Raises €5.84 Million in Fresh Capital

Fintech News Desk
by Fintech News Desk0
Just before New Year, the Norwegian Block Exchange (NBX) completed a NOK 60 million (EUR 5.84 million) equity private placement with Pareto Securities, a leading investment bank in the Nordics, acting as sole lead manager and guarantor of the deal. Read More: GCash Attracts Fresh Investment From Bow Wave The......
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