Blockchain Blockchain Blockchain ….
It comes in vogue – it goes out of vogue – it comes back vogue again, a bit like an old episode of THE BRADY BUNCH. I’m talking about blockchain. For months there, we saw a dearth of deals in this siector but this week’s top two fundings were digital asset (a/k/a blockchain) platforms, so there’s that. And then, our new favorite topic AI is showing up in two deals this week as well. And that will most certainly continue. Let’s take a look at some trends that emerged from the winners…
-
Blockchain and Crypto Innovation Continue to Attract Major Capital – The $70M equity raise by Bitwise and $63M investment in Raise demonstrate sustained institutional interest in digital assets and blockchain-powered financial solutions.
-
Billing and Payments Technology Lead Fintech Growth – Metronome ($50M), Camber ($30M), and Subscript ($15M) highlight the demand for automated, AI-driven billing and payment platforms that optimize efficiency and reduce costs.
-
AI-Powered Financial Automation Expands – From subscription analytics (Subscript) to healthcare payments (Camber), AI is playing a crucial role in streamlining financial workflows across industries.
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
-
Bitwise Asset Management
- Location: San Francisco, CA
- Description: Bitwise Asset Management is a crypto-specialist asset manager overseeing over $12 billion in client assets, providing institutional-grade investment solutions in digital assets.
- Funding Amount: $70M
- Funding Round: Equity raise
-
Raise
- Location: Miami, FL
- Description: Raise is a blockchain-powered payments and loyalty company, enabling seamless digital transactions and innovative rewards programs for businesses.
- Funding Amount: $63M
- Funding Round: Funding round not specified
-
Metronome
- Location: San Francisco, CA
- Description: Metronome provides a usage-based billing platform that allows businesses to automate and scale billing processes efficiently.
- Funding Amount: $50M
- Funding Round: Series C
-
Camber
- Location: New York City, NY
- Description: Camber focuses on streamlining healthcare payments by reducing administrative burdens for clinics and families, improving payment efficiencies in the medical sector.
- Funding Amount: $30M
- Funding Round: Series B
-
Subscript
- Location: San Francisco, CA
- Description: Subscript develops AI-powered billing and analytics software that helps subscription-based businesses optimize revenue and financial reporting.
- Funding Amount: $15M
- Funding Round: Series A
This post was written by DWN staff with the assistance of ChatGPT, utilizing data from FinSMEs
