– FLYR Labs, a deep learning platform for airlines, raised $150m in Series C funding.
– The funding round was led by WestCap, with participation from Silver Lake Waterman, WndrCo, as well as Peter Thiel, Streamlined Ventures, JetBlue Technology Ventures and Gopher Asset Management.
– The company plans to use the funding to grow its core business and expand into other verticals.

– Blueground announced that it has raised $180m in Series C financing.
– In this round, Blueground raised $140m in equity financing led by WestCap, with participation from Geolo Capital, VentureFriends, and Prime Ventures.
– In addition, Blueground raised a $40m debt facility from Silicon Valley Bank.
– Together with this new round, Blueground has raised a total of $258m.
– With more than 5,000 apartments across 15 major cities globally, Blueground is reinventing the future of living by making apartments available globally for people where they want, when they want, on the terms they want.
– Through its network of beautifully designed and fully furnished apartments, guests are able to stay in some of the most desirable neighborhoods and cities throughout the world for a month, a year, or more.

– Hopper is a mobile-first travel marketplace which leverages massive amounts of data and machine learning to develop fintech solutions for customers to travel and save money.
– The company completed a $175m Series G financing.
– The round was led by GPI Capital with participation from Glade Brook Capital, WestCap, Goldman Sachs Growth and Accomplice.
– The new investment will be used to continue to expand operations and its business reach and customer support.

– SIMON Markets LLC (“SIMON”), a fintech company transforming the digital wealth management landscape through its leading platform for financial professionals, and which makes risk-managed and alternative investment solutions broadly available, has closed the first leg of a strategic financing round of up to $100 million of growth capital.
– The Series B round is led by WestCap, a growth equity firm founded by Laurence Tosi, former CFO of Airbnb and Blackstone, known for investments backing market leading tech-enabled, asset-light companies. Existing investors also are participating in the round.

– Simon Markets LLC, a NYC-based digital wealth management platform for financial professionals, closed the first leg of a strategic financing round of up to $100m of growth capital.
– Series B round was led by WestCap, with participation from existing investors.
– The company intends to use the funds to further advance its core offering across structured investments and annuities, while driving additional growth initiatives centered on product and geographic expansion.

– European fintech giant Klarna raised $639m funding.
– The round was led by SoftBank’s Vision Fund 2 and joined by existing investors Adit Ventures, Honeycomb Asset Management and WestCap Group.
– The company has a post-money valuation of $45.6 billion.
– It plans to use the new capital to continue to grow in the U.S. and globally.

– Mythical Games, a next-generation gaming technology studio creating universal gaming ecosystems around playable NFTs, led by industry veterans and former executives from Activision, Oculus, EA and Zynga and a marketplace team of experts from Stubhub and Charles Schwab, announced a $75m Series B financing led by WestCap.
– Also participating in this round are 01 Advisors and Gary Vaynerchuk’s VaynerFund, as well as existing investors including Galaxy Digital, Javelin Venture Partners, Alumni Ventures, and Struck Capital.
– This round brings the total amount raised to $120m.

– Amount, a company that provides technology to banks and financial institutions, has raised $99m in a Series D funding round at a valuation of just over $1b.
– WestCap, a growth equity firm founded by ex-Airbnb and Blackstone CFO Laurence Tosi, led the round. Hanaco Ventures, Goldman Sachs, Invus Opportunities and Barclays Principal Investments also participated.
– The investment comes just over five months after Amount raised $86m in a Series C round at a valuation of $686m. (The original raise was $81m, but Barclays Principal Investments invested $5m as part of a second close of the Series C round). And that round came just three months after the Chicago-based startup quietly raised $58m in a Series B round in March.

– Paxos has raised $300m funding.
– The round was led by Oak HC/FT and joined by Declaration Partners, PayPal Ventures, Mithril Capital, Senator Investment Group, Liberty City Ventures and WestCap.
– Paxos offers different products, such as crypto trading and settlement, custody and the ability to issue tokens.
– It focuses on big enterprise clients, such as Revolut, Crédit Suisse, Société Générale and StoneX.
– The company tries to be as compliant as possible. And it plans to remain committed to regulation across several geographies and verticals.

– Torch.AI, a leading global artificial intelligence (AI) firm that uses machine learning to enable massively scaled, ultra high performance data processing, today announced it raised $30m in Series A funding to accelerate its overall growth strategy.
– The funding, led by WestCap Group, a prominent San Francisco-based investment firm, will enable the company to rapidly scale its Nexus™ AI platform to meet increasing demand from clients including Fortune 100 companies and U.S. federal agencies charged with protecting national security.
– Founded in 2017, Torch.AI created a next-generation AI platform that instantaneously understands and richly describes any data in atomic detail, both in memory and in motion. The Nexus™ software creates an intelligent Synaptic Mesh™ across an organization’s data and systems, increasing the surface area of data for discovery and action.