Tagged: bessemer venture partners

FlexFactor Celebrates $16.6M Series A

FlexFactor, a provider of decline recovery solutions for e-commerce brands, has announced the completion of its $16.8 Series A funding round. The round was led by Bessemer Venture Partners, with additional participation from seed investors. Annual global e-commerce sales exceed $5 trillion, yet failed checkout payments… Read More

Payments Fintech Apron Secures £12M via Series A to Assist SMBs, Accountants

Bogdan Uzbekov, founder & CEO, Apron, notes that he’s pleased to announce that Apron has raised £12M in a Series A funding round, which was reportedly “led by Index Ventures, with participation of their existing investors, Bessemer Venture Partners and Visionaries Club.” And with the… Read More

Astrix Security, the Enterprise Solution for Securing Digital Identities, Raises $25M in Series A Funding

Astrix Security, the enterprise’s trusted solution for securing non-human identities, has secured $25 million in Series A funding led by CRV with participation from existing investors Bessemer Venture Partners and F2 Venture Capital. This new investment brings Astrix’s total funding “to almost $40 million.” Fueled… Read More

Wealthtech Startup Farther Secures $15M via Series A

Wealthtech Farther announced raising $15 million in a Series A funding round, which was “led by Bessemer Venture Partners and included Khosla Ventures and MassMutual Ventures as new investors.” They join existing investors, Moneta Venture Capital, Context Ventures, and Cota Capital. The investment round “brings… Read More

Finmark Announces New Investment Led by American Express Ventures

Finmark, the financial modeling software provider for startups, has announced new funding from American Express Ventures, which is the strategic investment group of American Express (NYSE: AXP). Amex Ventures joins several other existing investors, which reportedly includes Draper and Associates, Bessemer Venture Partners, and IDEAfund… Read More

Papaya Finalizes $50M Series B Round to Enhance Mobile Payment App Using Bill Understanding Tech

Papaya, a mobile bill payment app that simplifies bill payments for consumers, announced that it has secured $50 million via a Series B round. Papaya’s investment round has been led by Bessemer Venture Partners along with contributions from Sequoia Capital, Acrew Capital, 01 Advisors, Mucker… Read More

TRM Labs Raises $14M Series A

Blockchain intelligence firm TRM Labs has closed a $14 Million Series A funding round led by Bessemer. Additional participants include from PayPal Ventures, Initialized Capital, Jump Capital, Salesforce Ventures, Operator Partners, Blockchain Capital, and executives from Google. Existing investors who re-upped are Y Combinator, Alumni… Read More

Truebill Reportedly Secures $45 Million Through Series C Investment Round Led By Accel

  Less than a year after securing $17 million through its Series C funding round, personal finance startup Truebill has reportedly raised $45 million through its Series D investment round, led by Accel with participation from Bessemer Venture Partners, Cota Capital, and Eldridge. Founded in… Read More

Lithic (Formerly Privacy.com) Raises $43 Million Through Series B Funding Round Led By Bessemer Venture Partners

    Lithic, formerly Privacy.com, a U.S.-based card issuing platform, announced on Thursday it raised $43 million through its Series B funding round, which was led by Bessemer Venture Partners with participation from Index Ventures, Tusk Venture Partners, Rainfall Ventures, Teamworthy Ventures, and Walkabout Ventures…. Read More

France’s Shift Technology, an SaaS Provider of AI based Decision Automation for Insurance, Secures $220M via Series D

France-based Shift Technology, an SaaS provider of AI-enhanced decision automation and optimization solutions for the insurance sector, recently revealed that it has finalized a $220 million Series D funding round. Shift Technology‘s latest investment round brings total investment in the company to $320 million along… Read More

New York Digital Investment Group, a Tech and Investment Solution Provider for Bitcoin, Secures $200M in Capital from Strategic Partners

Soros Fund Management, New York Life, and Morgan Stanley have decided to team up with Stone Ridge Holdings, Massmutual, FS Investments, and Bessemer Venture Partners in order to make investments in a Bitcoin or BTC-focused investment firm, called NYDIG. The group will be working on… Read More

E-Commerce Fraud Prevention Solution Provider Forter Secures $125 Million via Series E Round at $1.3 Billion Valuation

Forter, an established e-commerce fraud prevention solution provider, has secured $125 million in capital through a Series E investment round. Forter’s latest round was led by Bessemer Venture Partners, Felix Capital and Itai Tsiddon. Sequoia Capital, NewView Capital, Scale Venture Partners, March Capital Partners and… Read More

Payroll and Bookkeeping Software Firm ScaleFactor Shuts Down due to Declining Revenue Following COVID-19 Outbreak

Business software provider ScaleFactor is reportedly shutting down, after securing $100 million in capital during the past year from major investors including Bessemer Venture Partners and Coatue Management. In March 2020, the financial services company began experiencing challenges due to the global COVID-19 outbreak, which… Read More

Brief: Mambu Secures $34M in New SaaS-y Funding Round Led by Bessemer Venture Partners

Mambu, a Berlin-based fintech SaaS banking platform, has raised $34 million (30 million euros) in a funding round led by U.S. investment firm Bessemer Venture Partners. Action Capital, CommerzVentures, Point Nine Capital and Runa Capital also participated in the round. Mambu will use the funding to invest… Read More

Wow. P2P Money Transfer Service Toss is Processing $1 Billion per Month in South Korea After Less than 3 Years of Operations

In 2015 Viva Republica launched Toss, a peer to peer money transfer App that has become one of the world’s fastest growing financial Apps have now transacted more than USD$ 10 billion with a current run rate of $12 billion per year with $1 billion per… Read More

Online Financial Advisor Betterment Announces $70 Million Round of Funding

Independent online financial advisor, Betterment, announced on Friday a $70 million round of funding, which is described as an extension of the company’s Series E from last year. According to Betterment,  Swedish investment company Kinnevik led the round, extending its financing from last year. Previous investors Bessemer Venture Partners, Menlo… Read More

Indian Fintech Startup Perfios Raises $6.1M in Series A

Last week, Perfios, a fintech startup based in Bangalore (Bengaluru), India, announced it had raised approximately US $6.2 Million (400 Million INR) in its Series A round of funding. The funding is a sign of how much the fintech market has been steadily growing in… Read More

Crowdfunding Dynamo Tile Going Strong, Introduces Slim & Smart Location Platform

Tile, the smart location company, today unveiled its newest consumer product – Tile Slim, a Bluetooth tracker designed specifically for wallets. The company also introduced today the Tile Smart Location Platform, a B2B offering that allows companies to embed Tile’s smart location technology into their own… Read More

Crowdfunding Success Tile Captures $18M During Series B Funding Round

Tile, the tiny Bluetooth tracker and companion app that keep people connected to the things that matter to them most, announced on Thursday that it has secured $18 million during a Series B funding round, which was led by Bessemer Venture Partners. Tile was one of… Read More

Bread Raises $14.3 Million for Pay Over Time Platform

Direct lending platform Bread announced completion of a Series A funding  round last week led by Bessemer Ventures Partners.  Bessemer was an early investor in trailblazing P2P platform Zopa.  The funding raised $14.3 to help the young platform grow, fund initial loans, and compete with credit… Read More

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