Unicorn Nest news
TenureX Raises $5M in Seed Funding
– TenureX from Tel Aviv develops a SaaS based corresponding banking platform.
– The company raised $5m in seed funding.
– The round was led by Fintop Capital with participation from Chris Adelsbach, Jason Henrichs, Nissim Bar-El, Tom Brown, Rob Frohwein, Kathryn Petralia, Jonathan Ebinger, Ehud Arad, and Roman Regelman.
– TenureX plans to use the funds to further accelerate its network growth and add more members to the network.
Unicorn Nest news
Snappy Kraken Raises $6M in Series A Funding
– Snappy Kraken from Ormond Beach is a financial advisory platform for automated growth programs.
– Company raised $6m in Series A funding.
– The round was led by Fintop Capital with participation from Flyover Capital and 1248 Holdings, which participated previously in a 2019 seed round.
– The new investment will be used to open up new marketing channels, add new features, and integrate with other tools advisors already use.
Unicorn Nest news
Qohash Secures CAD$8M in Series A Funding
– Qohash Secures CAD$8M in Series A Funding.
– The round was led by Fintop Capital.
– The company intends to use the funds to continue to expand operations and its business reach across North America.
– Qohash has built a SaaS platform to protect sensitive data via automated data discovery, classification and risk assessment, mapping of sensitive data, and detecting risky behaviour in real-time.
Unicorn Nest news
InsurePay Raises $5M in Series A Funding
– InsurePay, a Sarasota, Fla.-based workers’ compensation administration and insurance premium billing platform for insurance providers, completed a $5m Series A financing.
– The round was led by Fintop Capital with participation from other strategic industry investors. In conjunction with the funding, Joe Maxwell, managing partner at Fintop Capital, and Rick Holton, general partner at Fintop Capital, will join the InsurePay board.
– The new investment will be used to expand its sales and marketing efforts, accelerate product investments, and support the addition of new veteran personnel to the team.