PYMNTS-MonitorEdge-May-2024

funding

Funding is the act of providing financial resources, usually in the form of money, or other values such as effort or time, to finance a need, program, and project, usually by an organization or company.

Source: en.wikipedia.org

EliseAI Raises $75 Million for Renter Communication AI Platform
EliseAI Raises $75 Million for Renter Communication AI Platform
August 15, 2024  |  Investments

EliseAI, an artificial intelligence platform focusing on housing and healthcare, is valued at more than $1 billion after raising $75 million in a Series D...

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Consensus Raises $11.5 Million to Expand AI-Powered Scientific Search Engine
Consensus Raises $11.5 Million to Expand AI-Powered Scientific Search Engine
August 14, 2024  |  Investments

Consensus and its investors reportedly see an opportunity to use artificial intelligence (AI) to power a search engine focused on delivering information from scientific research...

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Debt Consolidation FinTech Tally Shuts Down Amid Funding Drought
Debt Consolidation FinTech Tally Shuts Down Amid Funding Drought
August 14, 2024  |  Debt

On its face, the shuttering of Tally, a FinTech focused on helping consumers manage credit card debt, offers a snapshot of how tough fundraising is...

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

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...

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

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...

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

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...

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DC Connected Car Raises $2.29 Million for AI-Powered Remote Auto Diagnostics
DC Connected Car Raises $2.29 Million for AI-Powered Remote Auto Diagnostics
August 11, 2024  |  artificial intelligence

DC Connected Car has raised €2.1 million ($2.29 million) for its artificial intelligence (AI)-driven remote vehicle diagnostics offering. The seed funding round, announced last week...

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

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...

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

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...

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