Business

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...

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...

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...

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...

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...

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,...

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,...

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...

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....

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.   ...

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,...

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...

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...

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...

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...

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...

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...

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 –...

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