Economy - Finance > Technology

Mobile banking app Current raises $131M Series C, tops 2 million members

1 month ago   |   By Tech Crunch

U.S. challenger bank Current, which has doubled its member base in less than six months, announced this morning it raised $131 million in Series C funding, led by Tiger Global Management. The additional financing brings Current to over $180 million in total funding to date, and gives the company a valuation of $750 million.
The round also brought in new investors, Sapphire Ventures and Avenir. Existing investors returned for the Series C, as well, including Foundation Capital, Wellington Management Company and QED.
Current had originally began as a teen debit card controlled by parents...
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Two-year-old Day One Ventures raises new $52.5M fund to invest in Valley startups

1 month ago   |   By Tech Crunch

Back in 2018 Day One Ventures launched in Silicon Valley specifically designed to be both a VC and an investor that would also lead marketing and communications for its portfolio. Two years on, Day One has invested in numerous startups to do just that and has today filed with the SEC its new $52.5M fund.
The new fund is similar to the first one: investing across industries from pre-seed to seed, with occasional series A investments .
The fund was founded and is headed by Russian émigré Masha Drokova, who, since arriving in the US a few years ago, has been variously a PR and angel investor...
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Salesforce's VC arm just made a 'small' investment in marketing analytics startup AppsFlyer, bumping its valuation to $2 billion

Salesforce's VC arm just made a 'small' investment in marketing analytics startup AppsFlyer, bumping its valuation to $2 billion

1 month ago   |   By Business Insider

Summary List Placement
Marketing analytics company AppsFlyer just received a vote of confidence in the form of a small investment from Salesforce's venture capital arm. The investment was an extension to the company's $210 million Series D round led by General Atlantic that closed in January.
AppsFlyer declines to disclose how much additional funding Salesforce added, but CEO Oren Kaniel told Business Insider that even though it was a "small amount" compared to the $210 million, it bumped the startup's valuation to $2 billion, from $1.6 billion when the Series D closed. The new valuation...
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AppsFlyer raises funding from Salesforce Ventures at $2 billion valuation

AppsFlyer raises funding from Salesforce Ventures at $2 billion valuation

1 month ago   |   By Venture Beat

AppsFlyer, the mobile measurement and marketing firm, raised a new round of funding from Salesforce Ventures at a $2 billion valuation.
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