Fundraising news and trends

AI Firms Raise Total of $12 Billion in Third Quarter

October 10, 2024
AI Investments, artificial intelligence
ID.me Seeks $1.8 Valuation As ID Theft Threat Grows
Authentication // October 09, 2024

ID.me is reportedly aiming for a $1.8 billion valuation in a share sale. As Bloomberg News reported Tuesday (Oct. 8), sources close to the matter say the company itself is not selling the shares, but will let employees and early investors sell their shares. One...

Women’s Health Firm Maven Clinic Valued at $1.7 Billion
Healthcare // October 09, 2024

Maven Clinic, a virtual health startup aimed at women and families, has reached unicorn status. The company announced Tuesday (Oct. 8) that it had raised $125 million in a Series F funding round, valuing the firm at $1.7 billion. In a message posted to the...

Mews Raises $100 Million for Hospitality Tech Offering
Investments // September 26, 2024

Hospitality cloud platform Mews has raised $100 million in financing from Vista Credit Partners. The new funding comes at a time when cloud adoption is accelerating throughout the $15.5 trillion global travel and tourism sector, Mews said in a news release on Thursday (Sept. 26)....

Illuma Labs Raises $9 Million for Bank Voice Verification
Investments // September 12, 2024

Illuma Labs has raised $9 million to speed the development of its voice verification tools. The company, which makes voice authentication technology for banking contact centers, announced its series A funding round in a news release Thursday (Sept. 12), saying it would help banks address...

Interviews & Exclusives
SimpleClosure CEO Says Automating Shutdowns Breaks the Taboo Around Startup Failures

September 14, 2023
It’s a challenging economy for consumers — and startups don’t have it any better. Nine out of every 10 startups that raise money end up failing over a 10-year period. Observers believe that venture-backed startups fail at higher numbers than the industry usually cites. Although far more businesses fail than eventually succeed, the process of shutting down a company can often […]

Paidy Tries To Simplify Mobile Payments — And Please Merchants While Doing So

July 26, 2018
A consumer can own multiple credit cards and live in a highly technological society and still want to pay via a method that can come pretty close to resembling cash....

NEW REPORT: Speeding And Securing Online Nonprofit Fundraising

July 11, 2018
In the push to make payments faster, platform and solutions providers are ratcheting up their payments processing infrastructure with new technologies and innovations. But in the rush to get faster,...

Quick Reads
ID.me Seeks $1.8 Valuation As ID Theft Threat Grows

October 09, 2024
ID.me is reportedly aiming for a $1.8 billion valuation in a share sale. As Bloomberg News reported Tuesday (Oct. 8), sources close to the matter say the company itself is not selling the shares, but will let employees and early investors sell their shares. One of the sources say the deal marks an increase from […]

Women’s Health Firm Maven Clinic Valued at $1.7 Billion

October 09, 2024
Maven Clinic, a virtual health startup aimed at women and families, has reached unicorn status. The company announced Tuesday (Oct. 8) that it had raised $125 million in a Series...

Mews Raises $100 Million for Hospitality Tech Offering

September 26, 2024
Hospitality cloud platform Mews has raised $100 million in financing from Vista Credit Partners. The new funding comes at a time when cloud adoption is accelerating throughout the $15.5 trillion...

Illuma Labs Raises $9 Million for Bank Voice Verification

September 12, 2024
Illuma Labs has raised $9 million to speed the development of its voice verification tools. The company, which makes voice authentication technology for banking contact centers, announced its series A...