Apparently this was ‘juggernaut week’ in FinTech funding news with Stripe closing their Series F. $250M added to the coffers will propel this $35B unicorn to unheard-of heights. Can early-stage entrepreneurs learn any lessons from their path to a mind-bending 35B valuation? Candidly I’m not so sure.
Fundbox is a modern-day David, tackling the $21T B2B commerce Goliath. The recent $176M Series C will no doubt be used to upgrade the sling and stone – giants beware. Playing for the Giants is SF-based Beyond Pricing. Their first inning Series A clocked in at $42.5M and will surely help property managers hit more home runs with Airbnb.
Our next startup making noise is Tipalti, who wants you to know “You can relax”. A $60M Series D means more CFOs will be breathing a collective sigh of relief. Whew! Home-based CFOs can also get in on a bit of relaxation with Digit’s finance app. $27.5M in Series C funding will go towards souping up this auto-saving wizardry.
For our Chemistry nerds, here are three stand-out startups: Atom Finance with a $10.6M raise to democratize investment research, startup bank Mercury $20M Series A, and seed startup Elementus catalyzed $3.5M to help explore blockchain power.