Tagged: nea

Functional Finance Aims to Improve Insurance Industry with Tech Update

Insurtech Functional Finance has raised $8 million in a seed round plus a SAFE of $2 million. A SAFE is typically a commitment for equity at a discount on a future date following an outlined event. The funding was led by New Enterprise Associates (NEA),… Read More

Artificial Intelligence: Sana Raises Additional $28M Led by NEA to Build Universal AI Platform for the Enterprise

Sana, the AI-powered learning and knowledge platform, announced it’s landed another $28M in an opportunistic investment round led by NEA. Workday Ventures also joined the round. With a combined total of $62M in Series B funding, the Swedish-born scaleup is now “one of the most… Read More

Narmi Secures $35M in Funding to Support Digital Transformation of Financial Institutions

Narmi, a provider of open digital banking technologies, announced $35 million in Series B funding co-led by Greycroft and existing investors NEA and Picus Capital. Narmi claims it is one of the fastest-growing companies “servicing financial institutions in the United States and plans to leverage… Read More

Web3 Avatar Tech Firm Genies Charges Into Unicorn Territory With $150M Series C

Genies, an avatar technology company, today announced it has raised a $150 million Series C round led by Silver Lake. The investment values the company at $1 billion and includes participation from existing investors BOND, NEA, and Tamarack Global. The funds are earmarked for engineer… Read More

Coinbase Rival FTX US Finalizes $400M Series A Round at $8B Valuation

West Realm Shires Services Inc. (FTX US) has announced the closing of a $400 million Series A round valuing the firm at $8 billion. As mentioned in an update shared with CI, this investment round is notably the first for FTX US and included contributions… Read More

U.S. Fintech Zero Financial Secures $20 Million Through Series A Financing Round Led By New Enterprise Associates

U.S.-based fintech Zero Financial announced on Thursday it secured $20 million through its Series A financing round, which was led by New Enterprise Associates (NEA). The round brings the company total equity and debt funding to $35 million from top investors, such as NEA, SignalFire,… Read More

Insurtech Bestow Receives $2.5 Million Seed Round for Life Insurance Platform

Bestow Inc., a platform providing a new approach to life insurance, has announced a $2.5 million seed round led by New Enterprise Associates (NEA), with participation from Core Innovation Capital, Morpheus Ventures, and 8VC. Bestow says this is their first institutional round, bringing its total… Read More

Crowdfunder Update: CEO Chance Barnett Announces VC Fund

Crowdfunder now provides unprecedented access — for both experienced institutional investors and everyday investors — to early-stage deals from many of Silicon Valley’s leading VC firms.  Crowdfunder has launched a VC Index Fund which co-invests with a select list of leading VCs (the Index), investing $100,000 per deal… Read More

Boston Startup Barkly Receives $12.5M During Series A Financing Round For Endpoint Security

Boston-based endpoint security startup, Barkly, announced that it has closed a $12.5 million Series A financing round, led by New Enterprise Associates (NEA) and including Sigma Prime Ventures. Barkly has now raised a total of $17 million since the company was co-founded in 2013 by CEO Mike… Read More

Tamr Receives $25.2 Million During Series B Financing from Hewlett Packard Ventures, Thomson Reuters, MassMutual Ventures & Others

Tamr, Inc., the company co-founded by database pioneer and 2014 ACM A.M. Turing Award winner Michael Stonebraker, Ph.D., today announced that it has raised $25.2 Million in Series B financing from Hewlett Packard Ventures; Thomson Reuters; MassMutual Ventures, the corporate venture capital arm of Massachusetts Mutual Life Insurance… Read More

Is Kickstarter the New National Endowment For the Arts?

A big story that no one noticed: Last year, the crowd funding company Kickstarter distributed more money for the arts than the National Endowment for the Arts (NEA). This isn’t surprising. We’re living in times where every dollar government spends is getting harder to justify and funding a… Read More

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