Tagged: kinnevik

July 6, 2021 @ 7:55 am By Omar Faridi  |  

Expense management Fintech Pleo has secured $150 million in capital which is notably the largest Series C raised for any Danish-founded company. With this new investment and the company’s valuation of $1.7 billion, Pleo says it’s never been “more excited to see what the future… Read More

September 24, 2018 @ 12:12 pm By Samantha Hurst  |  

Bread, a U.S.-based marketing technology company that builds customizable financing solutions for brands and retailers, recently announced secured $60 million through its latest equity financing round, which was led by Kinnevik with participation from the company’s existing investors Bessemer Venture Partners, Menlo Ventures, RRE Ventures,… Read More

May 30, 2018 @ 10:24 am By Samantha Hurst  |  

Pleo, a Denmark-based fintech startup, announced on Wednesday it secured $16 million through its Series A investment round led by Kinnevik to expand its company card services in Europe. Founded in 2015, Pleo offers smart payment cards for employees, which enables them to buy the things… Read More

September 4, 2017 @ 12:35 pm By JD Alois  |  

According to a regulatory filing with the Securities and Exchange Commission (SEC), leading Robo-advisor Betterment has raised $69,999,997 in equity. The first sale was said to take place on August 23, 2017. It appears this is part of a Series E funding round that was… Read More

July 21, 2017 @ 12:50 pm By Samantha Hurst  |  

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

March 29, 2016 @ 5:07 pm By Samantha Hurst  |  

On Tuesday, robo-adviser firm Betterment announced it has received a total of $100 million from venture capital investors during a series E funding round. The company also confirmed that its valuation has raised from $450 million to $700 million. Swedish investment firm, Kinnevik, led the funding round. Previous… Read More