One more time, with feeling…..
Friends, as I personally reviewed the hundreds of deals that went thru the investing pipeline this week, I got a wee bit cranky. Now we did find “fintech” deals, though as we’ve noted before, they are getting fewer and much more AI-embedded. But we saw funding for yet another new CRM company (why why why?????), a bourbon company (like we don’t have enough of those), a running gait company (guess this makes sense – for robotic assistants, but still) and a “decentralized green hydrogen production company” (what the ?????). As we’ve pontificated before, it would seem there is a sh*tload of dry powder out there and it feels like it is getting invested “fast and furous”. And sometimes questionably. But of course, there are also amazing things we see every week, too – particularly in the healthcare sector. But we’re here to talk about digital wealth, so…….
Up next are this week’s top 5 VC deals…
Interested in getting your brand in front of the massive & high level audiences of Digital Wealth News and AI&Finance? Click here to schedule a zoom meeting w/ publisher Cindy Taylor
-
73 Strings
- Location: Paris, France
- Description: 73 Strings provides a financial intelligence platform that enhances valuation, portfolio monitoring, and private market analytics.
- Funding Amount: $55M
- Funding Round: Series B
-
COVU
- Location: San Francisco, CA
- Description: COVU is an AI-native platform specializing in insurance customer management and risk advisory, helping firms optimize client interactions and risk mitigation.
- Funding Amount: Additional $10M, increasing its Series A to $22M (total funding to date: $32M)
- Funding Round: Series A
-
DiligentIQ
- Location: New York City, NY
- Description: DiligentIQ provides an AI-powered platform for conducting private equity due diligence, streamlining investment decision-making processes.
- Funding Amount: Up to $12M
- Funding Round: Two-tranche Series A
-
Mansa
- Location: Dubai, UAE
- Description: Mansa is a cross-border payments platform that facilitates seamless international financial transactions for businesses and individuals.
- Funding Amount: $10M
- Funding Round: Funding round not specified
-
Keebler Health
- Location: Durham, NC
- Description: Keebler Health develops an AI-native risk adjustment platform designed to help healthcare providers optimize risk assessment and compliance.
- Funding Amount: $6M
- Funding Round: Seed
This post was written by DWN staff with the assistance of ChatGPT, utilizing data from FinSMEs