Top 10 FinTech Capital Raises in the U.S. – August 12th-18th, 2024
The FinTech sector saw some interesting transactions this past week, particularly within the B2B, WealthTech and blockchain verticals.
If you would like further details on these deals or would like to discuss the capital-raising market for your company, please contact me.
Below is a round-up of last week’s top FinTech capital raises:
Early Stage VC
- Chaos Labs, based in New York, raised $55 million in early-stage VC funding to enhance its cloud-native security solutions. (Lead Investor: Haun Ventures)
- Setpoint, located in Austin, secured $31 million in early-stage VC funding to expand its real estate transaction platform. (Lead Investor: 645 Ventures)
- Capitalize, from New York, raised $19 million in early-stage VC funding to simplify retirement account rollovers. (Lead Investor: RRE Ventures)
- Avian Labs, based in Dover, Delaware, secured $15 million in early-stage VC funding to facilitate blockchain-based global payments. (Lead Investors: Ribbit Capital, Slow Ventures)
- Era, from Covina, California, raised $9.4 million in early-stage VC funding to develop its fintech solutions for small businesses.
Later Stage VC
- Sepio, located in Rockville, Maryland, raised $48 million in later-stage VC funding to further develop its hardware access control solutions. (Lead Investor: Tau Capital)
- PayZen, based in San Francisco, secured $32 million in later-stage VC funding to enhance its healthcare financing platform. (Lead Investor: New Enterprise Associates)
- Amount, from Chicago, raised $24.6 million in later-stage VC funding to scale its financial technology solutions. (Lead Investor: Curql Collective)
Seed Round
- WSPN, raised $30 million in seed funding for its DLT-powered global payment experience. (Lead Investors: Folius Ventures, Foresight Ventures)
PE Growth/Expansion
- Boosted.ai, based in Toronto, raised $10 million in a PE growth/expansion deal to advance its AI-powered investment management tools.
Please contact me if you have any questions or would like to discuss your capital raise:
Email: jspaulding@castleplacement.com
(C) (917) 475-6679
Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
