Latest Fintech deals
The largest this week:
🇺🇸 Pie Insurance, a tech-enabled provider of workers’ compensation insurance to small businesses, raised $315M in Series D funding led by Centerbridge Partners and Allianz X.
This is the second-largest funding for an insurtech globally this year and an important signal for the insurtech ecosystem which saw funding drop over 50% in 2022, especially at late stages.
🇺🇸 Opto Investments, the technology-enabled solution for private market access for independent investment advisors, emerged from stealth with a $145M Series A financing.
🇫🇷 Real estate crowdfunding startup ClubFunding raises €125M from BpiFrance and private investors.
🇧🇸 FTX is in talks to raise up to $1B at a valuation of about $32B, in-line with the prior round in January.
Other notable deals:
🇺🇸 Strava cofounder launched its third company Inclined, which offers lending against whole-life insurance policies. Inclined just raised a $15M Series A led by Anthemis Group and HSCM Ventures.
🇨🇭 Equity management startup Ledgy raised a €22M Series B from Sequoia, NEA, Speedinvest and others.
🇺🇸 Tres, a financial “data lake” for web3 companies, has raised a $7.6M Seed round. Its platform can onboard any on-chain or centralized finance data sources and enable financial workflows like balance calculations or auditing and reporting so businesses can monitor and manage their web3 assets both on-ramp and off-ramp.
👩🏻💻 Together with our partner ABN Amro Ventures we're mapping startups developing tech for CFOs. Reach out if you want to be included or want to exchange ideas!
Read up on all the latest fintech deals in Dealroom.co
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