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Discover how 14Peaks Capital is shaping the fintech and future of work arenas with its new €28 million fund dedicated to B2B SaaS startups. #VentureCapital #Innovation #14PeaksFund

Ramp raises additional $150 million at a $7.65 billion valuation! #Ramp, the spend management #fintech startup, has secured another $150 million in funding at a post-money valuation of $7.65 billion, co-led by Khosla Ventures and Founders Fund. Khosla Ventures and Founders Fund co-led the raise, with participation from Sequoia Capital, Greylock, 8VC, and other existing investors. This funding marks an extension of Ramp's Series D, bringing its total equity financing to $1.2 billion since its inception in 2019. Ramp was co-founded by Karim Atiyeh, Eric Glyman, and Gene Lee. The latest round was led by Khosla Ventures and Founders Fund, with notable participation from Keith Rabois, representing Khosla Ventures, and other prominent investors. Ramp serves over 25,000 companies across various industries, including farms, shops, hospitals, and nonprofits. With a focus on AI-driven innovation, Ramp aims to automate processes, provide deeper spending insights, and enhance decision-making capabilities. The funding will also fuel Ramp's expansion efforts and potential acquisitions, strengthening its position in the spend management market. Ramp plans to triple down on innovation, leveraging AI capabilities to streamline processes and offer deeper insights into spending patterns. Additionally, the company aims to explore strategic acquisitions to complement its existing offerings and further enhance its value proposition. The article on TechCrunch in the first comment. Want to stay up to date with the market? Here my newsletter: - Linkedin: https://t.ly/s541W   - Substack: https://lnkd.in/dzfGJzmW

San Francisco based VC z21 Ventures raises $20 million for its next $40 million fund #z21 Ventures, a San Francisco-based firm specializing in early-stage technology investments, has announced the $20 million first close of its $40 million Fund II. Founded by Raj Shekhar Singh (formerly of Innovaccer, McKinsey, and co-founder of IBC) and Abhinav Shashank (Co-founder and CEO of Innovaccer), with partners Jyotika Gupta (formerly of Glassdoor) and Sudarshan Ravi Jha (co-founder of LetsTransport), the firm is set to continue its mission of supporting innovative technology companies. WestBridge Capital acted as the anchor investor in this closing. Fund II will also raise capital from operators and experts who will mentor and support founders. This new fund follows z21 Ventures' initial $5 million fund announced in June 2024, aimed at investing in early-stage companies leveraging technology and talent in India. The fund will focus on pre-seed and seed-stage investments across various sectors, including artificial intelligence, enterprise software, and healthcare. By targeting companies with strong teams, innovative technologies, and large market opportunities, z21 Ventures aims to drive growth and innovation in the tech industry. The article on #VCwiretech in the first comment.

Some corporations are realising that just making equity investments in startups is not enough to drive true transformational change at their businesses. They are adding venture building - building businesses inside the company - to their innovation tootlkit. SC Ventures, the CVC arm of Standard Chartered bank, is one such company that builds ventures on an industrial scale. And they have some successes to share. Here, Gurdeep Singh Kohli, a founding member of the venture unit, shares tips on how to do venture building well. https://ow.ly/RKvx50RJys7 #venturebuilding #corporateventuring #fintech SC Ventures by Standard Chartered

Startup IPOs: Sebi increases scrutiny, here are all the details and concerns raised by the startup world including their investors, bankers, lawyers. #startup #ipo #venturecapital #privateequity #firstcry #ipo #funding #investment #cnbctv18 #exclusive #tech

Venture capital funding is an excellent way for consumer startups to gain not only financial backing but also strategic guidance and access to extensive networks. We've examined some of the top venture capital firms actively investing in the consumer space right now. We look at their major portfolio companies, areas of focus, and more. See our list here: https://lnkd.in/gnbPscMJ Andreessen Horowitz Redpoint Ventures SOSV Accel Tiger Global Management Bessemer Venture Partners General Catalyst Sequoia Capital First Round Capital Forerunner Menlo Ventures #venturecapital #entrepreneurship #startupfunding #investors #vcfunding #tech #innovation #consumervc

Michael Gilroy and Gokul Rajaram are making waves in the venture capital scene with the announcement of their new firm, set to focus on early-stage fintech and software startups in the U.S. Gilroy, who previously led fintech investments at Coatue, brings a portfolio teeming with success stories like Arta Finance and Mercury. Rajaram complements this with his extensive experience as a tech executive and angel investor, having backed over 285 startups, including major players like Coinbase and Pinterest. Their joint venture aims to raise a formidable $400-$500 million fund, putting them on the map as significant players in the VC landscape. The timing is impeccable, as the fintech sector continues its meteoric rise in reshaping financial services and innovation. The emergence of such a power duo signals more than just another VC firm; it underscores a strategic shift in capturing the burgeoning potential within fintech and software sectors. This move is not merely about capital but about leveraging unparalleled expertise to drive transformative impacts. As we watch these ventures unfold, it's clear that the intersection of tech expertise and investment acumen will craft the future of financial technology. Keep an eye on this space—Gilroy and Rajaram are poised to redefine the boundaries of fintech innovation.

Fintech startup FREED has raised Rs 60 Cr ($7.5 Mn) in its Series A round, led by Sorin Investments and Multiply Ventures. The round also saw participation from investment company Piper Serica and other institutional funds, FREED said in a statement. The startup aims to use the capital to expand its reach and improve its technology. 🚀 Join the startup revolution! Follow StartupTrak for the latest and hottest startup news, inspiring stories, and game-changing innovations! 💯❤️🔥 . . #FREEDFunding #FintechStartup #SeriesARound #InvestmentNews #SorinInvestments #MultiplyVentures #PiperSerica #FinancialTechnology #StartupGrowth #TechInvestment #FinancialInnovation #MarketExpansion #TechnologyImprovement #FundingUpdate #VentureCapital #InvestmentOpportunity #FinancialServices #DigitalFinance #TechDevelopment #BusinessExpansion #StartupNews #StartupTrak

Kevin Dowd spoke with Jump Capital's Sach Chitnis about some of the collateral damage inflicted by the downturn in venture capital fundraising: Carta data shows that more startups are closing up shop for good. Link to the full article in the comments. #venturecapital #venture #VC #startup

This Week in Proptech: $304 million was invested across 22 companies at a median funding amount of $1.4 million. Several companies raised large and notable rounds, including EliseAI with a $75 million Series D raise led by Sapphire Ventures with additional funding from DivcoWest (DivcoWest Ventures) and 3 other investors; OYO with a $50 million Series G raise led by InCred Wealth with additional funding from Ask Group and 2 other investors; Setpoint with a $31 million Series B raise led by 645 Ventures with additional funding from Wells Fargo Strategic Capital and 10 other investors, and Livly raised a $10 million Venture round from an undisclosed investor(s). To learn more about this week in proptech, subscribe for free at creti.org/subscribe Tags: #proptech #constructiontech #climatetech #fintech #realestatetech #venturecapital #startup #innovation