Addition
SuperOps.ai streamlines the work of managed service providers
To ease the burden of maintaining their IT infrastructure, many companies, especially SMBs, turn to third-party IT providers. Called managed service providers (MSPs), they make life easier for their clients,…
Driving financial inclusion through digital payment methods is among the top priorities for the governments of Africa’s biggest tech ecosystems where cash is still king. Several initiatives launched by these…
Lee Fixel’s Addition raising $1.5 billion for its fifth fund in four years
Lee Fixel’s Addition is looking to raise $1.5 billion venture capital fund as the former Tiger Global executive continues to secure large sums of money despite the slowdown in the…
Jeli.io keeps rolling with free Slack incident response bot and new investment
Just about every company is going to face a catastrophic incident at some point where a key part of the system goes down, and you need to know not only…
Italy’s Satispay raises €320M at a €1B+ valuation with backing from Block, Tencent and more for its indy payment network
More signs that the economy is slowing down in Europe, and that costs are going up, are driving merchants and consumers to look for less expensive ways to carry out…
Uiflow secures cash and Freshworks partnership to bolster its app dev platform
Uiflow, a company that enables teams to build frontend apps using their existing data, today announced that it raised $15 million in Series A funding led by Addition, Transpose Platform…
In 2016 at TechCrunch Disrupt New York, several of the original developers behind what became Siri unveiled Viv, an AI platform that promised to connect various third-party applications to perform…
Branch, which aims to power faster payments to contract workers with its technology, has raised $75 million in a Series C funding round that has closed just six months after…
Employees can count on Addition Wealth for free, holistic financial planning services
As companies fight to retain workers amid the “Great Resignation,” many are offering enhanced benefits packages to employees. Financial wellness benefits, in particular, are on the rise, especially those that…
PQShield raises $20M for its quantum-ready, future-proof cryptographic security solutions
Quantum computing promises to unlock a new wave of processing power for the most complex calculations, but that could prove to be just as harmful as it is helpful: security…
Lee Fixel’s Addition leads $32M investment into TruePay, a Brazilian B2B ‘buy now, pay later’ startup
Global investors continue to be drawn to LatAm. TruePay, a one-year-old São Paulo-based “buy now, pay later” startup, announced today that it has raised $32 million in a Series A…
Render secures $20M Series A to scale its DevOps cloud platform
DevOps cloud platform Render, which won our Disrupt SF 2019 Startup Battlefield, announced today that it closed a $20 million Series A funding round led by Addition alongside existing investors…
Merge raises $15M Series A for its B2B integrations platform
Merge, an integrations platform that focuses on B2B use cases, today announced that it has raised a $15 million Series A funding round led by Addition, with participation from existing…
SoftBank-backed Indian logistics startup Delhivery files for $1 billion IPO
Indian logistics startup Delhivery seeks to raise about $998 million in its initial public offering, the startup said in a filing with the local regulator, joining a number of other…
Chronosphere raises $200M at a $1B+ valuation for cloud-native monitoring, adds granular, distributed tracing to its dashboard
Data observability — necessary to keep tabs on infrastructure performing as it should; to see if apps are returning errors; and to ensure that critical business data is getting to…
Fintech startup Tag valued at $100 million in Pakistan’s largest seed round
Tag, a one-year-old startup that offers banking and financial services to users in Pakistan, has raised over $12 million in what is now the largest seed financing round in the…
Branch raises $48M from Lee Fixel’s Addition, Indeed to provide accelerated payments to workers
Branch, which has built a flexible workforce payments platform, announced today it has raised $48 million in Series B funding and closed on a $500 million credit facility. Lee Fixel’s…
India’s Inshorts raises $60 million following Public social network app growth
Indian startup Inshorts, which operates an eponymous news aggregator service, has raised $60 million in a new financing round as its two-year-old bet — the launch of a new social…
Columbus, Ohio-based firm Path Robotics today announced the completion of a $56 million Series B. The round, led by Addition (featuring Drive Capital, Basis Set and Lemnos Lab) brings the…
Alchemy raises $80M at a $505M valuation to be the ‘AWS for blockchain’
Blockchain developer platform Alchemy announced today it has raised $80 million in a Series B round of funding led by Coatue and Addition, Lee Fixel’s new fund. The company previously raised…
Tines raises $26M Series B for its no-code security automation platform
Tines, a no-code automation platform co-founded by two senior cybersecurity operators, today announced that it has raised a $26 million Series B funding round led by Addition. Existing investors Accel…
TrueLayer, the London startup that offers a developer-friendly platform for companies, including other fintechs, to utilise open banking, is disclosing $70 million in new funding. The Series D round is…
OctoML raises $28M Series B for its machine learning acceleration platform
OctoML, a Seattle-based startup that offers a machine learning acceleration platform built on top of the open-source Apache TVM compiler framework project, today announced that it has raised a $28…
On Friday, former Tiger Global Management investor Lee Fixel registered plans for the second fund of his new investment firm, Addition, just four months after closing the first. According to…
