Tagged: general catalyst

Bilt Rewards Gets $3.1 Billion Valuation in New Funding Round

Bilt Rewards has raised $200 million at a valuation of $3.1 billion in a new funding round, according to a statement by the company. FT Partners advised on the transaction. The funding round was led by General Catalyst, with the participation of new investor Eldridge,… Read More

AI, Machine Learning Startup Chalk Raises $10 Million in Seed Funding

Artificial intelligence (AI) and machine learning (ML) startup Chalk has raised $10 million in a Seed round, according to a note from the firm. The funding was led by General Catalyst, Unusual Ventures, and Xfund. In a blog post, Unusual Ventures explained the qualities that… Read More

Global Fintech Ramp Announces $300M Series D to Support Business Expansion Efforts

Ramp, the finance automation platform designed to help businesses spend less, today announced a $300 million Series D on the back of strong revenue growth, “increasing market share among small and mid-sized businesses, and successful expansion into the enterprise segment over the past year.” Ramp… Read More

Fintech Firm Collective Raises $50M to Establish AI-Powered Finance Platform for Freelancers

Collective, which claims to be the first all-in-one online back-office platform for solopreneurs, announced it has raised $50M from a syndicate of investors including Gradient Ventures, Google’s AI fund, Innovius Capital, The General Partnership, General Catalyst, QED, Expa, and Better Tomorrow Ventures, among others. Collective… Read More

Lemonade, the Digital Insurance Firm Powered by AI, Partners with VC Company General Catalyst

Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced it has partnered with General Catalyst (GC), a venture firm and an early investor in Lemonade, in order “to create Synthetic Agents, a novel financial structure that unlocks growth without depleting… Read More

Finch, a Global Employment Ecosystem Supporter, Secures $40M via Series B

The team at Finch reveals they’ve raised $40M in their Series B round, “co-led by General Catalyst and Menlo Ventures, with additional investments from QED, PruVen, and Altman Capital.” As mentioned in the update, the workforce is “the backbone of the U.S. economy.” From retirement… Read More

C14, a Digital Asset Firm Enabling Fiat to Crypto Transfers, Has Raised $2.5 Million led by General Catalyst

C14, a “next-generation” payments and transfers service for digital assets, has raised $2.5 million in a funding round led by General Catalyst. According to an email from a representative, the funding will enable the company to continue to build out new payment rails as well… Read More

Melio, a B2B Payments Fintech for SMEs, Secures $250M via Series D

Melio, a B2B payments platform for SMEs, reveals that it has acquired an additional $250 million in capital, which has now tripled the firm’s valuation to around $4 billion since January of this year. The funds acquired should help with supporting the firm’s business expansion… 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

U.S. Fintech Step Secures $100 Million Through Series C Funding Round & Surpasses 1.5 Million Users Less Than Six Months in Market

  Step, a U.S.-based financial services company built for teens and families, announced on Tuesday it raised $100 million through its Series C investment round, which was led by General Catalyst, with participation from returning investors Coatue, Stripe, Charli D’Amelio, The Chainsmokers’ Mantis VC, Will… Read More

U.S. Insurtech Circulo Raises $50 Million Through Series A Funding Round Co-Led By Drive Capital & General Catalyst

Circulo, a U.S.-based insurtech, recently announced it secured $50 million through its Series A funding round, which was co-led by Drive Capital and General Catalyst.  Circulo reported it is building the Medicaid insurance company of the future to provide tech-enabled, world-class care to the nation’s… Read More

Solid Growth: RealtyShares Has Now Raised Over $300 Million in Real Estate Crowdfunding

Real estate crowdfunding platform RealtyShares has announced that over $300 million in real estate finance has been raised on its crowdfunding platform. During the fall of 2016, RealtyShares announced they had topped $200 million indicating solid growth in the past several months.  Serving both institutional… Read More

Insurtech Company Lemonade Raises $34 Million. California Next on the List to Offer Insurance

Insurtech company Lemonade has closed a $34 million Series B funding round. The investment was led by General Catalyst and included the participation of GV (aka Google Ventures), Tusk Ventures and Thrive Capital. Existing investors Aleph, Sequoia, and XL Innovate also participated in the round…. Read More

Lift Off: RealtyShares Funds $22 Million in Real Estate in Q2 Alone

Real estate crowdfunding platform RealtyShares, has stated that nearly $22 million was funded via its marketplace in the 2nd quarter of 2015. This represents a  5X jump versus year prior as the platform matched accredited and institutional investors to over 50 properties across the United… Read More

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