Financial Services & Wealth Management Companies
Latest Deals in Financial Services & Wealth Management
Kalshi, a New York-based prediction market platform, raised $1 billion in a Series E funding round led by Paradigm, with participation from Sequoia, Andreessen Horowitz, and others, valuing the company at $11 billion. Founded in 2018, Kalshi offers binary event contracts to facilitate informed decision-making, boasting an annualized trading volume exceeding $50 billion.
Investors: Paradigm, Sequoia, Andreessen Horowitz
Kalshi, a New York-based prediction market company, raised $1 billion in a Series E funding round led by Paradigm, with participation from investors like Sequoia and Andreessen Horowitz. Founded in 2018, Kalshi offers binary event contracts to provide accurate forecasting, boasting weekly trading volumes over $1 billion and annualized volumes exceeding $50 billion.
Investors: Paradigm, Sequoia, Andreessen Horowitz
Nevis, an AI platform automating wealth management workflows, has raised $40 million in total funding, including a $35 million Series A round led by Sequoia Capital, with participation from Iconiq and Ribbit Capital. The funding comes less than a year after the company's founding.
Investors: Sequoia Capital, Iconiq, Ribbit Capital
Startup in spotlight: Ex-Revolut trioโs Nevis nabs $35M to build AI platform for wealth management
Paris-based bitcoin savings app Bitstack has raised $15 million in a Series A funding round led by 13books Capital, with support from investors like AG2R La Mondiale and Y Combinator. Founded in 2021, Bitstack helps Europeans protect their purchasing power against inflation by offering regulated bitcoin savings products. The company aims to reach 1 million users within 18 months.
Investors: 13books Capital, AG2R La Mondiale, Y Combinator
Paris-based Bitstack, a bitcoin savings application, raised $15 million in a Series A round led by 13Books Capital, with participation from AG2R La Mondiale, Plug and Play Ventures, Serena, Stillmark, and Y Combinator. Founded in 2021, Bitstack helps Europeans preserve purchasing power amid inflation by offering regulated bitcoin savings products. The company aims to reach 1 million users within 18 months.
Investors: 13Books Capital, AG2R La Mondiale, Plug and Play Ventures, Serena, Stillmark, Y Combinator
Paris-based bitcoin savings app Bitstack raised $15 million in Series A funding, led by 13books Capital, with support from AG2R La Mondiale, Plug and Play Ventures, Serena, Stillmark, and Y Combinator. The app helps users save in bitcoin by rounding up purchases, boasting over 300,000 active users and โฌ300 million saved.
Investors: 13books Capital, AG2R La Mondiale, Plug and Play Ventures, Serena, Stillmark, Y Combinator
Nevis, a NYC-based AI platform for wealth management, raised $35 million in Series A funding led by Sequoia Capital, Iconiq, and Ribbit Capital, bringing its total funding to $40 million. The company addresses challenges in wealth management through innovative technology.
Investors: Sequoia Capital, Iconiq, Ribbit Capital
Range has raised $60 million in a Series C funding round led by Scale Venture Partners, with participation from Gradient Ventures, Cathay Innovation, and new investor 53 Stations. The company develops an AI-driven wealth management platform, addressing the need for enhanced financial advisory services. Total capital raised exceeds $100 million.
Investors: Scale Venture Partners, Gradient Ventures, Cathay Innovation, 53 Stations
Tidalwave, a NYC-based provider of an AI-powered mortgage point-of-sale platform, raised $22 million in Series A funding led by Permanent Capital, with participation from D.R. Horton, Inc. and Engineering Capital. The funds will help accelerate its adoption, aiming to empower over 200,000 loans annually.
Investors: Permanent Capital, D.R. Horton, Inc., Engineering Capital
Tidalwave, a New York-based agentic AI mortgage point-of-sale platform, secured $22 million in a Series A funding round led by Permanent Capital, with participation from D.R. Horton and Engineering Capital. The funding aims to enhance its platform and expand market share, bringing total capital raised to $24 million.
Investors: Permanent Capital, D.R. Horton, Engineering Capital
Numerai has raised $30 million in a Series C funding round, increasing its valuation to $500 million. The AI-driven hedge fund platform addresses investment challenges and was led by top university endowments, with participation from existing investors like Union Square Ventures and Paul Tudor Jones.
Investors: Union Square Ventures, Paul Tudor Jones
Tidalwave, a mortgage-technology startup, raised $22 million in a Series A funding round led by Permanent Capital Ventures, with participation from D.R. Hortonโs mortgage affiliate. The company uses AI to streamline mortgage underwriting and verification, aiming to process 200,000 loans annually, addressing inefficiencies in the manual mortgage process.
Investors: Permanent Capital Ventures, D.R. Horton