Tag: Andreessen Horowitz

Jeeves, an all-in-one global expense management platform for startups, has emerged from stealth with $131m in total funding, including $31m in equity and $100m in debt financing.

CA-based software and payments company SpotOn raised $125m in a funding round led by venture capital giant Andreessen Horowitz that valued the startup at about $1.88bn.

Material Security, which helps companies protect their emails, has closed its Series B funding round on $40m.

Payroll FinTech company Deel has closed its Series C round on $156m, which put its valuation at $1.2bn and makes it the latest unicorn.

Israel-based Capitolis, whose SaaS platform enables financial institutions to optimise their resources, closed a $90m Series C funding round led by Andreesen Horowitz’s a16z.

Cedar, a financial engagement platform aimed at patients, has hit a $3.2bn valuation following the close of a $200m Series D.

Financial health startup SeedFi has netted $65m in a new funding round, which was comprised of $15m in equity and $50m in debt.

Valon, which aims to make the mortgage process easier and more transparent, has collected $50m in its Series A round.

Retail trading app Robinhood has secured another $2.4bn, adding to the $1bn investment announced last week.

InsurTech and cybersecurity companies were among the 34 FinTech companies that raised money last week, but Covid-19 continues to haunt the industry.