Funding Rounds

Built Technologies, which helps construction companies in the US access loans, has hit a $1.5bn valuation after it closed its Series D on $125m.

California-based firm EquityBee has raised $55m from a Series B funding round led by venture capital firm Group 11.

Tampa-based InsurTech Homee has raised $17m from a Series B-2, bringing the total raised in the overall Series B round to $36m.

Challenger bank Fair has closed a $20m investment round and announced that it will open early bird membership enrolment in March as it eyes April launch.

Documents from the US Financial Crimes Enforcement Network (FinCEN) were leaked to the press and published globally in September 2020. The leak involved over 2,100 documents and around $2trn in transactions and showed how some of the world’s largest banks enabled criminals to move dirty money around the globe. A year on, has the industry been able to clean up its act?

OfBusiness, a B2B e-commerce platform that also offers credit lines, has hit a $3bn valuation after the close of its $200m Series F.

Digital identity command centre Alloy has secured $100m in its Series C funding round, bringing its valuation to $1.35bn.

Identity risk solutions business SecZetta has secured $20m from a Series B funding round led by SYN Ventures and MassMutual Ventures.

Cybersecurity unicorn Snyk has extended its Series F round with an additional $75m in funding, putting its valuation at $8.6bn.

New Delhi-based InsurTech SafeTree has secured $1m in seed funding from angel investors Shams Ahmed Parvaz and Faiz Shams.