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Scopio Raises Undisclosed Funding

– Scopio, a NYC-based AI-driven visual artists marketplace, raised funding round of undisclosed amount.
– Backers included Raiven Capital, Lightspeed Ventures, DV Collective, Gaingels, Joanne Bradford (former President of Honey), and VC Andrew Ogawa.
– The company intends to use the funds for product development and growth.

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Analytics Big Data Business Intelligence Data Mining Database Enterprise SaaS Software Western Europe

Celonis Raises $1 Billion Series D Funding; Valued at More Than $11 Billion

– Celonis from Munich and New York City develops an Execution Management System (EMS) which provides a set of applications, and developer studio and platform capabilities for business executives and users to eliminate billions in corporate inefficiencies.
– The company closed a $1b Series D funding round led by new investors Durable Capital Partners LP and T. Rowe Price Associates with participation from Franklin Templeton, Splunk Ventures and a group of principal investors.
– The new investment increased the post-money valuation to more than $11b.

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Artificial Intelligence Big Data Commercial Commercial Insurance Data Mining Insurance North America

Planck, the insurance data analytics platform, raises $20M growth round

– Planck, an AI-based data platform for commercial insurance underwriting, raised $20m funding.
– The funding came from 3L Capital and Greenfield Partners, along with returning investors Team8, Viola Fintech, Arbor Ventures and Eight Roads.
– This brings the New York-based startup’s total raised to $48m.
– Planck said it currently works with “dozens of commercial insurance companies in the U.S.,” including more than half of the top-30 insurers.
– It will use its new funding to build its U.S. team, expand into global markets and add products for new business segments.

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