Tagged: canaan partners

Pakistani Digital Banking Fintech Tag Acquires $12M via Round led by Liberty City Ventures

Pakistan Money 1

Pakistan-based virtual banking platform Tag has acquired more than $12 million in capital as part one of the largest seed rounds in Southeast Asia. With the capital injection, Tag’s valuation now stands at $100 million, with the firm managing to finalize the fundraising deal within… Read More

Fintech nate, a Universal and Streamlined Commerce App, Secures $38M in Capital via Series A led by Renegade Partners

Money Dollars Art 100 Small Count

Universal and streamlined shopping app nate has secured $38 million in capital through a Series A round led by Renegade Partners, along with contributions from Forerunner Ventures and existing investors Canaan Partners and Coatue Management. nate’s Series A has been finalized a year after the… Read More

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

Sorry We Are Closed Gone Away

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

CEO Matt Miller Comments on Embroker Insurance Platform Launch

Matt Miller

Embroker, a modern business insurance platform designed to improve how companies of all sizes buy and manage insurance coverage, announced the public launch of its technology platform. The system allows businesses to digitize existing policies and data, analyze, compare, buy new coverages, and file and… Read More

InsurTech will be the Next Big Thing

FIntech Proptech Regtech Insurtech Lawtech

The insurance industry is a sector of finance that is begging for disruption. In the Fintech arena, Insurtech is poised to be huge. The US Treasury Department published a study of insurance in September that pegged total assets for insurance at over $8 trillion. In… Read More

At the Intersection of Fintech: Canaan Partners

Canaan Partners Fintech Portfolio

Canaan Partners is a Silicon Valley VC firm that has over $4.0 billion under management with a good portion of their investments going into seed / early stage companies. They have also set up offices in Israel to be closer to the StartUp Nation phenomena… Read More

Embroker Receives $12.2M During a Series A Funding Round Led By Canaan Partners

Matt Miller

Embroker, a cloud-based risk and insurance management platform, announced on Tuesday that it has received $12.2 million during a Series A funding round, which was led by Canaan Partners with participation from Nyca Partners, XL Innovate, and Silicon Valley Bank. Prior investors Bee Partners, FinTech Collective, Vertical… Read More

Canaan Partners on Marketplace Lending: Capital Diversification is the Answer

Dan Ciporin LenditUSA 2016

    The marketplace lending industry has gone from 0 to 100 in just a few short years. While it seems like only yesterday when Zopa launched in the UK capturing the title of the first P2P lender, platforms now number in the thousands and… Read More

#LenditUSA Bigger than Ever as Online Lending Begins to Mature

Crowd at LenditUSA 2016 Peter Thiel

  LenditUSA 2016 was bigger than ever. If you look back just three years the venue and the organizers have scaled what was once a relatively small gathering of 375 industry participants in 2013 to one that is truly a global event with over 3,500… Read More

RealtyMogul.com Tops $20 Million Returned to Investors as Real Estate Investments Grow

Jilliene Helman Headshot

RealtyMogul.com, probably the largest real estate crowdfunding platform in the US, is reporting it has crossed $20 million in both principal and interest returned to its investors.  The company stated, “this marks a significant milestone”.  RealtyMogul.com stated the success was an affirmation of its capacity… Read More

CircleUp Raises $30 Million in Series C Funding

Ryan Caldbeck

CircleUp, a leading marketplace for equity investments in private companies, today announced it has raised $30 million in Series C funding, bringing its total funding to $53 million. The round was led by Collaborative Fund, with participation from Capital One co-founder Nigel Morris, and former CEOs… Read More

RealtyMogul: $150 Million in Real Estate Transactions

Fortune Cookie Small WIns Big Successes

    RealtyMogul has surpassed a new milestone.  The real estate crowdfunding platform reports that it has topped $150 million of investments transacted via its site.  It was only last July that RealtyMogul announced having passed the $80 million mark indicating a rapid growth trajectory… Read More

FinTech Founder Matchup: Looking for a Co-Founder for Your FinTech Startup? This Event is Perfect for You.

FinTech and Money

Do you have an amazing FinTech startup concept? Are you looking for co-founders and mentors? Then this event is perfect for you. A week from today over 70 potential co-founders and dozens of mentors (with money) are gathering in New York City with the sole… Read More

RealtyMogul Gains $35 Million in Series B Led by Sorenson Capital

Realty Mogul 70 Million

Real estate crowdfunding platform RealtyMogul has raised a sturdy $35 million in a Series B funding round. The valuation was not disclosed.  The Funding was led by Sorenson Capital with early investor Canaan Partners joining in as well.  The investment was described as a underscoring “RealtyMogul’s… Read More

Canaan Partners: There is a Fundamental Disruption in Financial Services Occurring Right Now

Canaan Partners Featured 2

Canaan Partners, one of the Sandhill Road posse in Silicon Valley, is a VC firm that has moved big into the alternative finance space. With over $4.2 billion under management they have the fire power, and the tool kit, to move quickly into promising, early stage… Read More

OurCrowd’s New President, Anthony DeChellis, Makes Transition from Old Finance to New

OurCrowd Exclusive Crowdfunding

OurCrowd is a global investment crowdfunding platform that is one of the leaders in the sector today having raised over $100 million for SME’s. While its headquarters are nominally in Israel, the platform has taken a truly cosmopolitan approach. Led by visionary founder and industry champion,… Read More

EVEN Financial Secures $2.8M in Funding Led by Canaan Partners to Connect Lending Marketplaces with Borrowers

even financial

EVEN Financial today announced it has raised $2.8M in seed funding. The round was led by Canaan Partners, who also led the first venture-backed investment rounds for Lending Club and Orchard Platform in the P2P lending market. Other investors include Lerer Hippeau Ventures, Ron Suber of Prosper, Brooklyn Bridge Ventures, Conversion Capital, Social Leverage, 555… Read More

Lending Club Executive Joins CircleUp Board of Directors

Scott Sanborn 2

Scott Sanborn, Lending Club COO & CMO, Becomes First Independent Director for CircleUp Crowdfunding Platform. Investment crowdfunding platform CircleUp, has announced that Scott Sanborn has joined the company’s board of directors the first independent director for the company. Sanborn will continue his leadership role as chief operating… Read More

Orchard Platform Raises $12M in Series A Funding: An Enviable Harvest

Orchard in Neon

Orchard, the Marketplace Lending Platform backed by Spark Capital, Canaan Partners, and industry veterans, secures $14.7M in total investments Founded in NYC 2013, Orchard Platform, an investment and analytics platform focused on the global marketplace lending market, today announced it has raised $12 million in Series A… Read More

CircleUp Raises $14M Series B, New Firm Enters The Mix

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CircleUp has announced a $14 million Series B round that will introduce a new venture capital firm into their existing mix. Canaan Partners has led the round, which also includes investment from previous CircleUp investors Google Ventures and Union Square Ventures. This is the second… Read More

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