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Tomo Raises $40M Series A, Putting It In Reach Of $1B Valuation
Wednesday, March 23, 2022 - 2:13pm | 341Tomo secured a $40 million Series A led by SVB Capital and doubled its valuation to $640 million. Round participants include Ribbit Capital, NFX, Telesoft, Zigg Capital and Parker89. The development comes as the mortgage fintech looks to hone software development and data science initiatives,...
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NFX Launches A $450M Seed Fund With 'Greater Focus' On Biotech And Crypto
Tuesday, October 5, 2021 - 6:01pm | 376Early-stage venture firm NFX has launched its largest fund to date, aiming to allocate a significant amount to verticals such as biotech and cryptocurrency. What Happened: In a press release on Tuesday, NFX announced the launch of Fund III, dedicated solely to pre-seed and seed-stage startups...
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Fintech Focus For June 15, 2021
Monday, June 14, 2021 - 8:38pm | 1665Quote To Start The Day: “There are no secrets to success. It is the result of preparation, hard work, and learning from failure.” Source: Colin Powell One Big Thing In Fintech: Billionaire investor Mark Cuban is very bullish on the future of DeFi, or decentralized finance, and DAOs, or...
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NFX, Tectonic Capital, Treasury Invest In Tech-Driven Insurance Brokerage, Sage
Tuesday, April 28, 2020 - 12:32pm | 274Sage, a brokerage lowering the burdens associated with building and maintaining an insurance book of business, formally announced the closure of a $6 million funding round, led by NFX, Tectonic Capital, and Treasury, the fintech launched by the co-founders of Acorns and Betterment. In a statement...