The pace of large -scale funds slowed down this week, without giant rounds late for the Genai unicorns. However, we saw a lot of financial activities in the FINTECH area, conducted by Airwallex Platforma Payements, in addition to some offers of health care and artificial intelligence.
1. AirwallexUSD 300 million, fintech: The Business Airwallex payment platform closed $ 300 million with a valuation of $ 6.2 billion. Financing includes $ 150 million in financing the F series and one other $ 150 million for purchases of secondary shares for the company based in San Francisco, which was founded in 2015 in Melbourne, Australia.
2. RewardUSD 165 million, HR Tech: Award, a platform for prizes and recognition of employees, raised $ 165 million in the B series supported by Sixth Street AND Spectrum Equity. Financing has determined the valuation of over $ 1 billion for the company based in Salt Lake City, which was founded in 2012.
3. Lman$ 100 million, AI: Lmareren based in San Francisco, which describes as an open community platform for assessing AI models, secured $ 100 million seed financing. Andreessen Horowitz AND UC investments He conducted financing.
4. Monarch moneyUSD 75 million, personal funds: Monarch, personal financial platform offering budgeting and planning tools for consumers, Closed $ 75 million in financing of the B series. FPV Ventures AND Forerunner ventures He led the round for the 6-year Covin startup in California.
5. (Related) SiroUSD 50 million, sale: New York Siro, a mobile application for tracking personal sales results, raised a round B round value $ 50 million. Signal fire. Established in 2020, Siro earned $ 18 million from supporters, including Index projects AND Fika Ventures.
5. (Related) RevenuecatUSD 50 million, subscription management: Revenuecat based in San Francisco, a platform for managing subscription applications, collected $ 50 million in the C series under the leadership Bain Capital Ventures. The company, founded in 2017, claims that its tools are currently used to assist power over a third of all recent subscription applications around the world.
7. Cut$ 41 million, fintech: Slash, a bank platform based in San Francisco for Internet firms, which offers check accounts and payment cards, collected $ 41 million in financing of the B series. Goodwater Capital He led the round to which he joined Menlo Ventures AND NeaDetermining a valuation of $ 370 million for a 5-year-old company.
8. Fore biotheapeuticsUSD 38 million, cancer therapeutics: Fore Biotherapeutics from Philadelphia, a developer of therapeutics difficult to treat cancer, collected $ 38 million in financing the D-2 series. The financing founded in 2011 brings complete financing to over $ 200 million Crunchbase data.
9. DataHubUSD 35 million, AI: Palo Alto, based in California Datahub, Open Source platform for AI metadata and data assets, secured $ 35 million in financing of the B series under the leadership Bessemer enterprise partners. A 4-year-old company claims that in the last two years it has recorded an increase in sales of 6X for its corporate service, DataHub Cloud.
10. General medicineUSD 32 million, healthcare: General medicine based in Salt Lake, a platform for consumers for direct access to care for specific medical problems, raised $ 32 million in financing the project conducted by Matrix. Founders of the company, Elliot Cohen AND TJ ParkerA pharmacy startup was previously launched Pillpack.
Methodology
We followed the largest rounded rounds in the Crunchbase database, which were raised by American firms for seven days on May 17-23. Although most of the rounded rounds are represented in the database, there could also be a slight delay, because some rounds are reported at the end of the week.