ABC, 1-2-3, and everything in-between
Pleasantly, VCs are funding series rounds and returning to add more money, as demonstrated in this week’s deals. There are more series funding rounds: Series A2 (like a math equation), Bs and Cs. Perhaps the ‘math’ will add up and equate to successful exits.
Some notable trends this week…
- Blockchain and Fintech were the deals category leaders
- Domestic deals are picking up
- Funding rounds ranged from pre-seed to Series C
Up next are this week’s top 5 VC deals…
1Uzum
$114M, Series A, Capital| Equity | Uzbekistan-based digital services ecosystem | Fintech | FinSight Ventures, Xanara Investment Management | https://uzum.com/
Website Overview:
“We are developing a digital services ecosystem to facilitate business growth, online shopping, convenient payments, and help with other day-to-day household tasks…”
2FundGuard
$100M, Series C, Capital| Equity | Boston | Fintech | Key1 Capital, Euclidean Capital, Hamilton Lane, Blumberg Capital, Team8 | https://www.fundguard.com/
LinkedIn Overview:
“FundGuard is the new era investment accounting utility. Our cloud-native, AI-powered operating system and technology platform is transforming investment operations…“
3Global Screening Services
$47M, Series A2, Capital | Equity| UK | Fintech | AlixPartners, Cynosure Group, Commonwealth Bank of Australia | https://www.gss-rose.com/
LinkedIn Description:
“GSS brings financial institutions together from across the globe to deliver higher standards in compliance, providing a trusted platform to enhance and exchange information…“
4OGLabs
$35M, Pre-Seed, Capital| Equity | SF | Blockchain | Hack VC, Alliance, Animoca Brands, Delphi Digital, Stanford Builders Fund, Symbolic Capital, OKX Ventures | https://blog.o1labs.org/
Website Description:
“O(1) Labs is a global and remote company that incubated the Mina Protocol. Our team operates on the cutting edge of Web3 and zero-knowledge-proofs…”
5Fieldguide
$30M, Series B, Capital |Equity | SF | Fintech | Bessemer Venture Partners, 8VC | https://www.fieldguide.io/
LinkedIn Description:
“Fieldguide offers market-leading Artificial Intelligence that helps Advisory and Audit firms grow…”