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Angel Investment Funding Platform Venture Capital Western Europe

Connectd Raises $1M in Seed Funding

– Connectd, a London, UK-based growth marketplace connecting startups, investors and advisors, raised $1m in seed funding.
– The round was led by Saracens owner Nigel Wray with participation from LiFE Ventures, Toni Nijm of Yobi Partners and Steve Castle of ABC Investors.
– The funding will be used to fuel recruitment, build out the product and prepare for international expansion in 2022.

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Angel Investment Banking Financial Exchanges Financial Services FinTech North America

Titan, a platform aimed at the ‘everyday investor,’ valued at $450M as a16z leads $58M Series B

– Titan, a startup that is building a retail investment management platform aimed at the new generation of “everyday investors,” has closed on $58m in a Series B round led by Andreessen Horowitz.
– The financing comes just over five months after Titan raised $12.5m in a Series A round led by General Catalyst, and brings the startup’s total raised since its 2017 inception to $75m. It values the company at $450m.
General Catalyst also put money in the Series B round, along with BoxGroup, Ashton Kutcher’s Sound Ventures and a group of professional athletes and celebrities including Odell Beckham Jr., Kevin Durant, Jared Leto and Will Smith.

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Angel Investment Employee Benefits Financial Services FinTech Western Europe

Cushon Raises £26M in Funding

– Cushon, a UK-based fintech pension and savings provider, closed an overall funding round of £26m.
– The £6m equity raise was led by Augmentum Fintech. A further £20m in credit facility has been committed from AshGrove Capital, a pan-European specialty lending firm.
– The company intends to use the funds to finance rapid expansion and product development plans, following its acquisition of another master trust pension scheme.

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Angel Investment Blockchain Crowdfunding Europe Information Technology Marketplace Venture Capital

Stokr Raises Over €3.9M in Pre-Series A Funding

– Stokr, a digital marketplace for alternative assets, raised over €3.9m in total pre-series A funding.
– Backers included Borderless Capital, Utopia Genesis Foundation, and G1 Ventures.
– The company plans to scale up its investment platform.

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Angel Investment Banking Financial Exchanges Financial Services FinTech North America

Titan nabs $12.5M for ‘next generation’ investment management

– Titan, a startup that is building a retail investment management platform aimed at millennials, has closed on $12.5 million in a Series A round led by VC heavyweight General Catalyst.
– A bevy of other investors put money in the round, including Sound Ventures (actor Ashton Kutcher and Guy Oseary’s VC firm), Scribble VC, BoxGroup, Y Combinator, South Park Commons, Instagram founder Mike Krieger, Lee Fixel and others.
– Titan is hoping to build on the momentum it saw in 2020, during which it grew revenue, customers and assets under management by 600%, “with effectively no marketing budget, according to co-founder Joe Percoco. The New York-based company says it’s approaching $500 million in assets under management and was cash flow positive last year.

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