MassMutual Ventures
‘Banking-as-a-Service’ startup Griffin raises $24M as it attains full banking license
Founded by former Silicon Valley engineers, UK-based Griffin Bank, has now raised $24 million (£19 million) in a fresh, extended Series A, funding round.
Prove Identity nabs $40M at a $1B+ valuation to expand in mobile-based authentication tech
Prove Identity, the smartphone-based identity verification startup that originally made its name years ago as Payfone before rebranding in 2020, has raised $40 million. According to sources close to the…
Farther, a wealth tech firm, banks $15M Series A as valuation hits $50M
Farther provides two sets of tools, one for advisors to expand their businesses and one for clients to invest in ways that align with their goals.
Daily Crunch: US dangles reward up to $10M for info on 6 elite Russian military hackers
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
MassMutual Ventures closes $300M fund to back Asia and Europe startups
MassMutual Ventures (MMV) has launched a $300 million new fund to back early-stage companies in Asia and Europe. The MMV Asia and Europe team’s third vehicle will invest in…
Affinity, a relationship intelligence company, raises $80M to help close deals
Affinity is focused on industries like investment banking and venture capital, where there aren’t CRMs or networking platforms that cater to the specific needs of the long-term relationship.
Insurify, a ‘virtual insurance agent,’ raises $100M Series B
How many of us have not switched insurance carriers because we don’t want to deal with the hassle of comparison shopping? A lot, I’d bet. Today, Insurify, a startup that…
Qapita, a developer of equity management software for startups, raises $5M led by MassMutual Ventures
Qapita, a Singapore-based fintech that provides capitalization table and employee stock ownership plans (ESOP) management software, has raised $5 million in pre-Series A funding. The round was led by MassMutual…
India’s insurance platform Turtlemint raises $30 million
Turtlemint, an Indian startup that is helping consumers identify and purchase the most appropriate insurance policies for them, has raised $30 million in a new financing round as it looks…
RiskIQ adds National Grid Partners as securing data becomes a strategic priority for utilities
RiskIQ, a startup providing application security, risk assessment and vulnerability management services, has added National Grid Partners as a strategic investor. The funding from the investment arm of National Grid,…
Why VCs are dumping money into insurance marketplaces
Following our look at why so many startups are building OKR-focused software and why venture capitalists are pouring capital into their efforts, today we’re asking a similar question about insurance…
Aspire raises $32.5M to help SMEs secure fast finance in Southeast Asia
Aspire, a Singapore-based startup that helps SMEs secure working capital, has raised $32.5 million in a new financing round to expand its presence in several Southeast Asian markets. The Series…
Crane, a new early-stage London VC focused on ‘intelligent’ enterprise startups, raises $90M fund
Crane Venture Partners, a newish London-based early-stage VC targeting what it calls “intelligent” enterprise startups, is officially outing today. Founded by Scott Sage and Krishna Visvanathan, who were both previously…
Biofourmis raises $35M to develop smarter treatments for chronic diseases
Biofourmis, a Singapore-based startup pioneering a distinctly tech-based approach to the treatment of chronic conditions, has raised a $35 million Series B round for expansion. The round was led by…
At first blush it may seem like insurance and venture capital make an odd couple. Venture capital is all about taking big risks for the potential of even bigger payouts…
