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UnifiHealth Raises $5.4M in Seed Funding
UnifiHealth Raises $5.4M in Seed Funding
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Unicorn Nest news

UnifiHealth Raises $5.4M in Seed Funding

– UnifiHealth is a modern health plan for small businesses.
– The company raised $5.4M in Seed financing led by Anthemis with participation from Echelon Capital, Flare Capital, Digitalis Ventures and Great Oaks VC.
– The new investment will be used to expand operations, growing its team and business reach.

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Flat.mx raises $20M from VCs, proptech unicorn founders to fix Mexico’s ‘broken’ real estate market
Flat.mx raises $20M from VCs, proptech unicorn founders to fix Mexico’s ‘broken’ real estate market
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Unicorn Nest news

Flat.mx raises $20M from VCs, proptech unicorn founders to fix Mexico’s ‘broken’ real estate market

– Flat.mx, a real estate marketplace, raised $20m in Series A funding.
– The round was led by Anthemis and 500 Startups, and joined by ALLVP and Expa.
– Other investors include Opendoor CEO and co-founder Eric Wu, Flyhomes’ co-founder and CEO Tushar Garg, and Divvy Homes’ co-founder Brian Ma.
– The company plans to use the funding to expand its operations in Mexico and Latin America.

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Joshin Scores $3M Seed Financing Round
Joshin Scores $3M Seed Financing Round
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Joshin Scores $3M Seed Financing Round

– Joshin, a digital care platform that connects care providers to families with specialized care needs, announced today that it has closed a seed funding round of $3m.
– The round was led by Anthemis Group and The Autism Impact Fund.
– Joshin is also expanding its services to the West Coast markets of Los Angeles and Seattle, continuing its strong growth in the past year with a 200% increase in its community base, including care providers and members.

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Balance Re Raises $10M in Series A Funding
Balance Re Raises $10M in Series A Funding
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Balance Re Raises $10M in Series A Funding

– Balance Re is a London UK and Cologne, Germany-based life reinsurance startup.
– The company raised $10m in Series A funding.
– The round was led by Anthemis Group, with participation from Global Brain, Roland Berger Industries GmbH and Talabot Finance.
– The new investment will be used to further support the company’s recently licensed, Cologne- based German reinsurance company.

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Allocate banks $5M to open up venture capital fund access
Allocate banks $5M to open up venture capital fund access
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Unicorn Nest news

Allocate banks $5M to open up venture capital fund access

– Allocate, a venture capital investing platform, raised $5m in seed funding.
– The round was led by Urban Innovation Fund, Tusk Venture Partners, Basis Set Ventures, Liquid2 Ventures, Fika Ventures, Ulu Ventures, Anthemis Group and Broadhaven Ventures.
– The company was founded by Samir Kaji and Hana Yang in February 2021.

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YuLife Raises $70M in Series B Funding
YuLife Raises $70M in Series B Funding
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YuLife Raises $70M in Series B Funding

– YuLife is a tech-driven company that transforms traditional group life insurance into a suite of wellbeing and insurance products, creating a shift in the industry towards a model that simultaneously supports members, insurers and employers.
– The company raised $70m in Series B funding.
– The round was led by Target Global with participation from Eurazeo and Latitude, Creandum, Notion Capital, Anthemis, MMC Ventures, and OurCrowd.
– The new investment will be used to develop new products, expand its UK market penetration, and broaden its reach into the markets.

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Meet Super.mx, the Mexico City-based insurtech that raised $7.2M from VCs and unicorn CEOs
Meet Super.mx, the Mexico City-based insurtech that raised $7.2M from VCs and unicorn CEOs
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Unicorn Nest news

Meet Super.mx, the Mexico City-based insurtech that raised $7.2M from VCs and unicorn CEOs

– Super.mx, an insurtech startup based in Mexico City, has raised $7.2m in a Series A round led by ALLVP.
– The round was joined by Goodwater Capital, Kairos Angels and Bridge Partners, and angels such as Joe Schmidt IV, vice president of business development at insurtech Ethos and former investor at Accel and Kyle Nakatsuji, founder and CEO of auto insurance startup Clearcover (and also a former VC).
Better Tomorrow Ventures led Super.mx’s $2.4m seed round, which also saw capital from 500 Startups Mexico, Village Global, Anthemis and Broadhaven Ventures, among others.
– Unlike most insurtech startups in Latin America, Super.mx is neither an aggregator nor a carrier. Instead, it’s an MGA, or managing general agent.

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Fintech Hokodo Raises $12.5 Million in Series A Funding, Enabling B2B Merchants to Offer Instant Payment Terms and Scale With Confidence
Fintech Hokodo Raises $12.5 Million in Series A Funding, Enabling B2B Merchants to Offer Instant Payment Terms and Scale With Confidence
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Fintech Hokodo Raises $12.5 Million in Series A Funding, Enabling B2B Merchants to Offer Instant Payment Terms and Scale With Confidence

– Hokodo, the fast-growth European fintech enabling B2B merchants to offer their customers payment terms in real time, announced its $12.5 million Series A.
– The funding round is led by Mosaic Ventures, with participation from Notion Capital and several prominent angel investors including Taavet Hinrikus, founder of TransferWise (now Wise), Thijn Lamers, former EVP, Global Sales of Adyen, Max Bittner, CEO of Vestiaire Collective and founder of Lazada and Rich Laxer, ex-Chairman and CEO of GE Capital.
– Hokodo’s earliest investor Anthemis also joins the round and reaffirms its conviction in the company’s vision.

Source
Fintech startup TreasurySpring raises $10M for platform giving online access to fixed-term funds
Fintech startup TreasurySpring raises $10M for platform giving online access to fixed-term funds
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Fintech startup TreasurySpring raises $10M for platform giving online access to fixed-term funds

– TreasurySpring, a fintech startup, raised $10m in Series A funding.
– The round was co-led by MMC Ventures and Anthemis Group.
– Existing investors, including ETFS Capital, participated.
– The company plans to use the funding to expand its platform.

Source
Branch Insurance Raises $50M in Series B Funding
Branch Insurance Raises $50M in Series B Funding
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Branch Insurance Raises $50M in Series B Funding

– Branch Insurance from Columbus, OH provides home and auto insurance services to its customers.
– The company raised $50m in Series B funding.
– The round was led by Anthemis Group with participation from Acrew, Cherry Creek Holdings, and existing investors Greycroft, HSCM Bermuda, American Family Ventures, SignalFire, SCOR P&C Ventures, Foundation Capital, and Tower IV.
– The new investment will be aimed at accelerating the company’s rollout across the U.S. to enable more national embedded partnerships.

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Branch raises $50M to offer bundled auto & home insurance via an API
Branch raises $50M to offer bundled auto & home insurance via an API
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Unicorn Nest news

Branch raises $50M to offer bundled auto & home insurance via an API

– Branch Insurance, a startup offering bundled home and auto insurance, has raised $50m in a Series B funding round.
– The round was led by Anthemis Group and joined by Acrew, Cherry Creek Holdings and existing backers Greycroft, HSCM Bermuda, American Family Ventures, SignalFire, SCOR P&C Ventures, Foundation Capital and Tower IV.
– With this latest financing, Columbus, Ohio-based Branch has raised $82.5m in total funding since its 2017 inception.

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Axle raises $10M Series A to advance its freight financing services
Axle raises $10M Series A to advance its freight financing services
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Unicorn Nest news

Axle raises $10M Series A to advance its freight financing services

– Axle announced it raised $10m Series A financing.
– The round was led by Crosslink Capital with participation from FJ Labs, Flexport, Tribeca Early Stage Partners and others, including existing investors Anthemis Group, Techstars and Plug and Play Ventures.
– The company’s services allow incumbent operators to quickly modernize and compete against new startups.
– Axle says its solutions also automate carrier payments, invoicing and collections, which allows operators to connect all aspects of their fright operations.
– The company plans to use the new capital to expand operations, develop new services and strengthen the company’s payment and financing platform.

Source
First Boulevard raises $5M for its digital bank aimed at Black America
First Boulevard raises $5M for its digital bank aimed at Black America
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First Boulevard raises $5M for its digital bank aimed at Black America

– First Boulevard, a digital bank for the Black community, raised $5m in seed funding.
– The round was led by Barclays, Anthemis and a group of angel investors such as actress Gabrielle Union, Union Square Ventures’ John Buttrick and AutoZone CFO Jamere Jackson.
– The startup plans to use the money to expand its team, increase its customer base and grow its platform to offer fee-free debit cards, financial education and on developing technology to help members automate their saving and wealth-building goals.
– History has proven that oppressed communities can succeed when their finances are centralized, and when it comes to financial services for the Black community, a centralizing force is long overdue.
– The startup has 100,000 people on its waitlist currently with an expected launch in the third quarter.

Source
Trucking Insurer Koffie Labs Raises $4.5 Million
Trucking Insurer Koffie Labs Raises $4.5 Million
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Unicorn Nest news

Trucking Insurer Koffie Labs Raises $4.5 Million

– Koffie Labs (Koffie), an insurtech focused on reinventing the trucking and transportation markets, today announced it has raised $4.5m in venture financing.
Anthemis Group and Lerer Hippeau led two rounds of seed round financing with participation from 2048 Ventures, Plug and Play Ventures and C2 Ventures.
– Trucking insurance is an essential component of the broader $800b trucking industry and the backbone of the US economy. With commercial auto rates consistently increasing over the last decade, there are few viable options for fleets.
– Koffie uses telematics and advanced safety technology to underwrite trucking companies, rewarding fleets that invest in safety with discounted insurance premiums.

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