Big Money, Big Security & Big CRM
Friends, fintech VC was fueled by major capital this week, led by a half-billion-dollar investment in data security and a nine-figure CRM acquisition for advisors. Payments infrastructure and risk platforms also saw steady interest across the U.S. and Europe, with investor focus leaning into trusted tools for advisors, institutions, and banks. Interestingly, though, the smallest deal was just $6M, so it’s quite a divergence of investment levels.
• Data security at scale is clearly a VC favorite as Cyera doubled its valuation at Series E
• Wealth management software remains hot — with Wealthbox securing a rare strategic majority buyout
• Payments and risk-related platforms continue to dominate early and mid-stage fintech rounds
1. Cyera
- Location: New York, NY, USA
- Description: Data security company serving financial institutions
- Funding: $540M
- Round: Series E
- Lead Investor(s): Undisclosed
2. Wealthbox
- Location: New York, NY, USA
- Description: Provider of a CRM software platform for financial advisors
- Funding: $200M
- Round: Strategic majority investment
- Lead Investor(s): Sixth Street Growth
3. Payrails
- Location: Berlin, Germany
- Description: Payment software company
- Funding: $32M
- Round: Series A
- Lead Investor(s): Undisclosed
4. Farsight
- Location: New York, NY, USA
- Description: Technology improving workflows and insights at financial institutions
- Funding: $16M
- Round: Undisclosed
- Lead Investor(s): Undisclosed
5. GrailPay
- Location: New York, NY, USA
- Description: Risk and data platform for bank payments
- Funding: $6.7M
- Round: Undisclosed
- Lead Investor(s): Undisclosed
