AI, Blockchain & Risk Management Win Again…..
The fintech and digital wealth sectors continue to attract significant funding as AI, blockchain, and risk management solutions drive innovation. This week, major investments were secured by companies developing AI-powered workflows, fraud prevention platforms, and institutional-grade finance solutions.
THat said, and as we’ve noted in the past, we pull the top deals from FINsmes. Again this week, the deals indigital wealthwere DIFFERENT than they have been in the past. Numbers continue to be smaller, with just one deal this week topping $100M. Also, pure fintechs just aren’t as prevalent anymore – you typically see fintech incorporated into something else like workflow automation or a healthcare offering, etc. Gone are the robo-advisors and neobanks of the past that dominated the fintech funding rounds in prior years. To which we say…..GREAT! Keep the sector innovation coming and KEEP GOING AND GROWING (one of my favorite terms that I like to share with budding entrepreneurs).
Up next are this week’s top 5 VC deals…
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Tines
- Location: Boston, MA & Dublin, Ireland
- Description: Tines provides an AI-powered workflow automation platform that enhances efficiency across security, IT, and financial services operations.
- Funding Amount: $125M
- Funding Round: Series C (at $1.125 billion valuation)
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Sardine AI
- Location: San Francisco, CA
- Description: Sardine AI develops an AI-driven risk platform specializing in fraud prevention, compliance, and credit underwriting for financial institutions.
- Funding Amount: $70M
- Funding Round: Series C
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Voyantis
- Location: Tel Aviv, Israel
- Description: Voyantis offers an AI-driven growth platform designed to optimize customer acquisition and lifecycle management for digital businesses.
- Funding Amount: $41M
- Funding Round: Funding round not specified
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Comulate
- Location: San Francisco, CA
- Description: Comulate is an AI-powered insurance technology company that leverages artificial intelligence to enhance risk assessment and underwriting.
- Funding Amount: $20M
- Funding Round: Series B
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MarketLeap
- Location: Luxembourg
- Description: MarketLeap provides an AI-driven platform that simplifies and scales direct-to-consumer (D2C) e-commerce operations, enabling brands to optimize their growth strategies.
- Funding Amount: $8M
- Funding Round: Series A
This post was written by DWN staff with the assistance of ChatGPT, utilizing data from FinSMEs