Tag: Plug And Play Ventures

ForMotiv, which leverages behavioural data to help insurance carriers detect fraud, has experienced a stellar 500% annual recurring revenue (ARR) growth in 2021, culminating in the close of its seed round on $6m.

All-in-one financial platform for freight and logistics companies Axle closed its Series A round on $10m.

InsurTech Koffie Labs has netted $4.5m in a venture financing round to fund the reinvention of the trucking and transportation insurance market.

Modularbank, a banking software developer, has reportedly raised €4m in its late seed funding round.

Axle, a payments service for small freight brokers, has reportedly secured $1.4m in its pre-seed funding round.

ROOM8, which uses data to optimize the matching of roommates, has closed an investment to launch new capabilities later this year.

ZecOps, a digital forensics and incident response (DFIR) service, has received $10.2m in a seed funding round.

On-demand insurance platform VOOM has exited from stealth and closed a $5m Series A funding round.

AI Start-up Betterview has secured an investment from Silicon Valley-based VC Plug and Play Ventures.

Token, which provides an open banking platform to help banks meet PSD2 compliance requirements, has closed its Series A round at $18.5m.