Business

Bacardi to accelerate brand growth within fast-growing super premium mezcal category Hamilton, Bermuda, September 11, 2023 — Bacardi Limited, the largest privately held international spirits company in the world, announced today the completion of a transaction that makes the family-owned company the sole owner of ILEGAL Mezcal®, a leading super premium artisanal mezcal. The transaction follows a successful relationship in which Bacardi partnered with ILEGAL since 2015. The super-premium plus mezcal category is growing at a fast...

12 September, 2023

Cision PR Newswire, January 5, 2023. Addition of Chart IQ to S&P Global Market Intelligence strengthens data visualization and advanced charting capabilities NEW YORK, Jan. 5, 2023 /PRNewswire/ -- S&P Global (NYSE: SPGI), provider of credit ratings, benchmarks and analytics, has announced the acquisition of ChartIQ, a premier charting provider for the financial services industry. The acquisition will form part of the S&P Global Market Intelligence (Market Intelligence) division and further enhance its flagship S&P Capital IQ Pro platform, its digital investment...

23 January, 2023

London Stock Exchange Group, May 18, 2022. London Stock Exchange Group (LSEG) today announces that it has signed an agreement to acquire MayStreet, a leading market data solutions provider. Founded in 2012, MayStreet provides high-quality global low latency technology and market data to over 65 industry participants, including banks, asset managers and hedge funds. MayStreet has an existing commercial partnership with LSEG to support LSEG’s Real-Time Direct feed offering. It has also served as a market data...

18 May, 2022

FinLedger, April 13, 2022. Today, RentRedi, a property management software for landlords, announced raising a $12 million Series A led by K1 Investment Management, according to a press release shared with FinLedger. Cofounded by father and son Ryan Barone (CEO and CTO) and Ed Barone (CMO) in late 2016, RentRedi aims to alleviate the often stressful rental experience by providing landlords with end-to-end property management software. RentRedi plans to use the funding to scale its hyper-growth, mobile-first technology...

13 April, 2022

Covr, April 7, 2022. Digital Life Insurance Platform Covr Financial Technologies Completes $15m Series B Fundraising Round   HARTFORD, Conn., April 7, 2022 /PRNewswire/ -- Covr Financial Technologies (Covr), a leading digital life insurance platform, has completed its Series B fundraising round including new investor Stone Point Ventures, and strong existing investor participation from Sony Innovation Fund by IVG, Aflac Ventures, Allianz Life Ventures, Connecticut Innovations, Fairview Capital, Contour Venture Partners, Commerce Ventures and Tribeca Early Stage Partners. Covr's...

07 April, 2022

PolicyGenius, March 17, 2022. Policygenius has raised $125 million in new growth capital, the InsurTech firm announced in a news release Thursday (March 17). The company, based in New York City, said it will use the funds to to continue to invest in the growth of its core businesses of life, disability, home and auto insurance, along with new no-exam life insurance offerings and its Policygenius Pro offering. The new funding brings the total capital raised by Policygenius...

17 March, 2022

Genesis, February 16, 2022. Genesis Raises the Bar for Low Code, No Code Across Financial Markets with $200 Million in Series C to Grow Platform and Developer Community   NEW YORK, February 16, 2022 -- Genesis, the application development platform purpose-built for financial markets organizations, announced today a new round of $200 million in financing, led by Tiger Global Management, with participation from Accel, GV (formerly Google Ventures), Illuminate Financial, Insight Partners, Salesforce Ventures and Tribeca Early Stage...

16 February, 2022

Fund That Flip, November 16, 2021. NEW YORK, NY, Fund That Flip, the real estate-focused fintech platform, today announced the first close of its $20 million Series B funding round. Click here for more funding data on Fund That Flip To export Fund That Flip funding data to PDF and Excel, click here The financing was led by GPO Fund of New York, with participation from MassMutual Ventures and Tribeca Early Stage Partners. More than 50 Fund That Flip...

16 November, 2021

Extend, October 27, 2021.   NEW YORK--(BUSINESS WIRE)--New York-based fintech startup, Extend, announces its $40 million Series B fundraising round led by March Capital and backed by B Capital, Point72 Ventures, Fintech Collective, Reciprocal Ventures, Wells Fargo, and Pacific Western Bank. This support garnered by such reputable fintech investors demonstrates the potential behind Extend’s unique vision for the future of payments. Founded on the realization that complex payment infrastructure is impeding main street banks from innovating at pace,...

27 October, 2021

Alloy, September 30, 2021. Series C is Earmarked to Expand Alloy’s Product Offerings, Bringing Full Customer Identity Profile to Fruition   NEW YORK, September 30, 2021 -- Alloy, the leading identity decisioning platform for banks and fintech companies, today announced it has raised $100 million in Series C funding. Lightspeed Venture Partners’ Justin Overdorff led the round with participation from existing investors Canapi Ventures, Bessemer Venture Partners, Avid Ventures and Felicis Ventures, bringing the company’s valuation to $1.35...

30 September, 2021

BusinessWire, September 22, 2021.   OAKLAND, Calif.--(BUSINESS WIRE)--Lilac Solutions, a lithium extraction technology company, announced today the first close of a $150 million Series B financing led by Lowercarbon Capital and funds and accounts advised by T. Rowe Price Associates, Inc. Additional new investors include Mercuria Energy Trading and Valor Equity Partners; existing investors Breakthrough Energy Ventures and The Engine also participated in the round. Lilac has developed a new ion exchange technology to increase production of lithium...

22 September, 2021

BusinessWire, September 22, 2021. American Express® Business Card Members can now access Extend’s Virtual Card Platform   NEW YORK--(BUSINESS WIRE)--Today, American Express (NYSE: AXP) and Extend, a New York City-based fintech specializing in virtual cards, announced their partnership to expand virtual Card solutions for U.S. businesses. U.S. companies with an eligible American Express Business Card can now enroll and create virtual Cards, also known as tokens, through Extend’s app or desktop login in as little as five...

22 September, 2021

PR Newswire, September 1, 2021. Provided by Blueprint Company Combines Agency and Underwriter Under One Roof to Give Buyers and Sellers Control of the Real Estate Closing Process Addressing Fast-Growing Sector of Real Estate, One in Seven Residential Properties was Bought by a Professional Investor in Q121 September 1, 2021 -- NASHVILLE, Tenn., Sept. 1, 2021 /PRNewswire/ -- Blueprint Holding Co. Inc. ("Blueprint"), owner of Blueprint Title, today announced that it has raised a $16 million Series B...

07 September, 2021

Wall Street Journal, July 27, 2021. Palo Alto, Calif., startup says its approach of using photons as quantum bits will lead to reliable calculations without errors   By Sara Castellanos July 27, 2021 Quantum computing startup PsiQuantum Corp. has landed a $450 million investment led by funds and accounts managed by BlackRock Inc., amid increased investor interest in the next-generation computing technique. The funds will be used to expand its team, which currently has about 150 people, and to build a...

27 July, 2021

TechCrunch, March 15, 2021. By Ingrid Lunden March, 15, 2021 -- Low-code and no-code tools have been a huge hit with enterprises keen to give their operations more of a tech boost, but often lack the resources to handle more complex integrations. Today, one of the startups that has been building low-code finance tools is announcing funding to tap into that trend and expand its business. Genesis — which has to date primarily worked with financial services companies,...

22 March, 2021

PR Newswire, November 17, 2020. First outside investment to accelerate automated ESG and impact reporting for asset management and wealth management firms. NEW YORK, Nov. 17, 2020 /PRNewswire/ -- YvesBlue announced today the close of a $2M seed round of venture financing led by Illuminate Financial Management with participation from SixThirty, Tribeca Early Stage, and other strategic investors including George Fox, the CEO and founder of Titan Advisors. YvesBlue Raises $2M from Illuminate Financial, SixThirty, Tribeca Early Stage,...

21 November, 2020

PR Newswire, January 7, 2020. DALLAS, Jan. 7, 2020 – Pieces Technologies ("Pieces" or the "Company"), a healthcare artificial intelligence and technology company that connects health systems and the community to address clinical and social determinants of health, announced today that it has closed a $25.7 million Series B funding round led by healthcare investment firm Concord Health Partners. Existing investors Children's Health of Dallas and OSF Healthcare System, based in Illinois, also participated in the...

14 January, 2020

Bold Penguin today announced its acquisition of xagent, an independent, multi-quote platform for standard and surplus lines business insurance market. This acquisition will enable Bold Penguin to better serve Insurance Carriers, Brokers and Agents through increased scale and a single choice in the market, while maintaining its commitment to simplifying the commercial insurance process....

14 January, 2020

Bank On It Podcast, December 6, 2018. n this episode the host John Siracusa chats with John McEvoy, Managing Director of Tribeca Angels. John is a successful entrepreneur exiting 3 companies, CrediteX, being one that sold to ICE (NYSE parent) for $625,000,000 in June, 2008.   ...

29 January, 2019

American Banker website on October 31, 2018.   By Nathan DiCamillo   For produce farmers, the toughest row to hoe is securing a loan against their crops. Financial institutions find produce difficult to collateralize because it generally expires a month after harvest. But one fintech platform is disrupting traditional finance rules in the farm-to-table process and has reaped millions in new funding by doing so. ProducePay provides immediate access to financing for farmers and distributors in the United States, Mexico, Canada,...

31 October, 2018

PR Newswire, August 17, 2018. xagent, the single-entry market access solution for property and casualty (P&C) agents, announced it has received $1.2 million of investments in the first phase of its still-open Leadership Council financing round. Tribeca Angels, a New York based FinTech investor group, led the round with World Insurance, a full service agency based in Tinton Falls, NJ with annual written premium exceeding $250 million.   RESTON, VA. (PRWEB) AUGUST 17, 2018 xagent, the single-entry market access solution...

17 August, 2018

BusinessWire, May 18, 2018. New strategic investment will support growth, product innovation and advancement of data privacy initiatives   New York, NY NEW YORK--(BUSINESS WIRE)--Cuebiq, a leader in offline location intelligence, today announced that is has secured $27 million in Series B financing co-led by Goldman Sachs Principal Strategic Investments (PSI), Nasdaq Ventures, DRW Venture Capital, Tribeca Venture Partners and existing investors Tribeca Angels and TLcom Capital. Cuebiq, a leader in offline location intelligence, today announced that is has secured $27...

18 May, 2018

PR Newswire, May 16, 2018. Private-equity investment will fuel Cloudvirga's mission to help top lenders reduce skyrocketing loan production costs and empower borrowers   IRVINE, Calif., May 16, 2018 /PRNewswire/ -- Cloudvirga™, a leading provider of digital mortgage point-of-sale (POS) software whose enterprise technology is powered by the intelligent Mortgage Platform®, today announced the closing of a $50-million Series C funding round led by private-equity firm Riverwood Capital (Riverwood) with ongoing participation from Upfront Ventures. The new funding will...

17 May, 2018

Techcrunch, May 24, 2017.   By Ryan Lawler Consumers increasingly are going online to search for insurance, and when they do, PolicyGenius wants to be right there to help them find the right policy. To expand its offerings and support more customers, the company raised a $30 million Series C funding round led by Norwest Venture Partners. PolicyGenius has built a marketplace for consumers who want to evaluate multiple insurance carriers and policies all in one place. People searching for...

25 May, 2017

Bloomberg Business, August 20, 2015. Insurance for the Agent-Averse PolicyGenius caters to millennials who prefer to shop online PolicyGenius, an online insurance brokerage, is chasing the kind of customer who would rather fill out a detailed profile on a website than open up to a total stranger. A 2014 Gallup poll found that millennials, born between 1980 and 2000, are more than twice as likely as other generations to buy their policies online as through an agent. Insurers “still...

20 August, 2015

The following appeared in WSJ Online, June 15, 2015. Click Here to view the WSJ article Online Insurance Agent PolicyGenius Nabs $5.3 Million Series A The burden of finding health, life, disability and other types of insurance is increasingly falling on individuals. A recently launched online insurance broker PolicyGenius Inc. secured $5.3 million in Series A funds to respond to this trend. “The insurance and employment-benefits space will be individualized,” said Jennifer Fitzgerald, chief executive and co-founder of...

15 June, 2015

The following appeared in Alley Watch, May 21, 2015. Click Here to view the Alley Watch article This NYC Startup Raised $2.5M to Keep Companies Globally Compliant Last year, 40,000 regulatory compliance updates were introduced worldwide. How are global companies expected to keep up with it all? ComplyGlobal is a SaaS offering that is revolutionizing the way global organizations manage and track their corporate compliance requirements, bringing increased visibility and transparency to an ever-increasing complex regulatory environment –...

21 May, 2015
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