Investments

Investments
PayZen Raises $232 Million for AI-Powered Healthcare Payments
August 14, 2024

PayZen has raised $232 million for its AI-powered healthcare affordability program. The Series B funding, led by NEA and announced Tuesday (Aug. 13), came in the form of $32 million in equity and a $200 million credit warehouse. “This latest round is the next step...

Investments
Setpoint Raises $31 Million to Shore Up Credit Infrastructure
August 14, 2024

Credit infrastructure provider Setpoint has raised $31 million in a Series B round. The funding round, led by 645 Ventures, will help fuel research and development, with an emphasis on expanding Setpoint’s engineering and data science teams, the company said in a Wednesday (Aug. 14)...

Investments
Balderton Capital Pulls In $1.3 Billion for EU Tech Firms
August 12, 2024

Revolut investor Balderton Capital has raised $1.3 billion for European tech startups. The London-based firm announced the funding — divided between its $615 million Early Stage Fund IX and its $685 million Growth Fund II — on its website Monday (Aug. 12). Writing on the company blog, Balderton managing partner...

Investments
FLYR Raises $295 Million to Expand AI-Based Travel Industry Platform
August 09, 2024

FLYR raised $295 million to accelerate the development and delivery of its reservation systems and artificial intelligence-based decision automation solutions to travel industry companies around the globe. The company raised $225 million in Series D capital and an additional $70 million in credit, bringing the...

Investments
Report: AI Startup Glean in Talks to Raise $250 Million
August 08, 2024

Artificial intelligence (AI) startup Glean is reportedly in advanced discussions to raise $250 million in financing. The deal would value the company at $4.5 billion, a figure that is double the valuation it achieved in another fundraise six months ago, the Wall Street Journal (WSJ) reported Thursday (Aug. 8), citing...

Investments
Mexico-Based Unicorn Stori Raises $212 Million to Promote Financial Inclusion
August 06, 2024

Mexican FinTech Stori says it has raised $212 million in equity and debt financing. The new funding, announced Tuesday (Aug. 6), will help Stori develop products to promote financial conclusion. “Since the beginning, my co-founders and I recognized the unfair gap in the traditional financial...

Investments
Groq Raises $640 Million to Scale AI Inference Platform’s Capacity
August 05, 2024

Groq has raised $640 million in a Series D funding round to scale the capacity of its vertically integrated artificial intelligence (AI) inference platform. The company will also use the new funding to add talent and accelerate the development of the next generation of language...

Investments
Report: OpenAI Backer Thrive Capital Raises $5 Billion
August 05, 2024

Thrive Capital reportedly raised $5 billion for its biggest-ever pair of venture capital funds. The fundraising is a sign that the artificial intelligence boom is reviving investor enthusiasm, The Wall Street Journal reported Monday (Aug. 5). Thrive told its investors Sunday (Aug. 4) that it...

Investments
Aviva Raises $5.5 Million to Provide Financial Services to ‘Underserved’
August 05, 2024

Mexico-based FinTech Aviva has raised $5.5 million in seed funding. “This oversubscribed round highlights the strength of our model’s unit economics, as well as our mission to provide innovative and accessible financial services to a market of 70 million people who are still underserved or...