From TechCrunch
By Mary Ann Azevedo
December 21, 2023
Vestwell, which provides the infrastructure for employers to power workplace savings programs, has raised $125 million in what the company describes as a “preempted” round of funding. Lightspeed Venture Partners led the round, which included participation from existing backers Fin Capital, Primary Venture Partners and FinTech Collective, as well as new investors Blue Owl and […]
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Elevate lands $28M to help employers better manage benefits
Elevate, a consumer benefits administration platform, today announced that it raised $28 million in a funding round led by Anthemis with participation from Fin Capital Norwest Venture Partners, Greycroft, Bowery Capital, and Firebolt Ventures. The new cash, which brings Elevate’s total raised to $43 million, will be put toward product development, hiring and customer acquisition, […]
Apr 13, 2023
Collective, a financial management platform for freelancers, raises $50M
Collective, a platform and advisory team that provides bookkeeping, payroll and tax advice to freelancers, today announced it raised $50 million in a funding round led by Gradient Ventures, Innovius Capital, The General Partnership, General Catalyst, QED, Expa and Better Tomorrow Ventures. The tranche brings Collective’s total raised to $82 million. It’ll be put toward […]
Jul 11, 2023
Former Citi, Battery VC has new $378M fund that helps startups land Prudential, Mutual of Omaha, others as investors and customers
PruVen Capital, a fintech and insurance tech venture fund founded by former Battery Ventures and Citi ventures VC Ramneek Gupta, has closed a new $378.5 million Fund II to invest in financial services and enterprise-focused startups. This second fund is significant because Gupta expanded it beyond a corporate fund with one main LP – Prudential Financial – into one supported by a number of financial and insurance LPs. Prudential Financial is the lead investor but the fund also includes TIAA, Lin
Sep 3, 2024
Kalos Ventures Raises $78.8M Inaugural Fund
New manager Kalos Ventures has raised an oversubscribed $78.8 million inaugural fund to back early-stage companies advancing workforce care and education.
May 10, 2026