There was a little of everything this week in what continues to be a strong month in funding (already over $1 billion). Worldwide, 28 companies raised about $420 million ($417 million not including funds from 4 undisclosed rounds).
Two blockbuster deals contributed over half the total: $170 million to German marketplace lender Auxmoney and $81 million to health insurance management platform Collective Health. And seven other rounds surpassed the $10-million mark. But there were also plenty of smaller seed bets this week, something we haven’t seen as much of recently. Ten companies raised $1.7 million or less. Finally, congratulations to Finovate alum Financit which grabbed an undisclosed, but we are guessing considerable, amount of capital from Goldman Sachs.
So far this year, $15.7 billion has been raised privately. In addition, $5.9 billion was invested through two blockbuster payment IPOs last week.
Here are the deals from 17 Oct to 24 Oct 2015, by size:
Auxmoney
P2P loan platform
Latest round: $170 million Series C
Total raised: $198 million
HQ: Dusseldorf, Germany
Tags: Consumer, lending, marketplace, peer-to-peer, loans, investing
Source: Crunchbase
Collective Health
Health insurance platform for businesses
Latest round: $81 million Series C
Total raised: $119 million
HQ: San Mateo, California
Tags: Enterprise, small biz, SMB, health insurance, management
Source: Crunchbase
Insureon
Insurance for small businesses
Latest round: $31.5 million
Total raised: $31.5 million
HQ: Chicago, Illinois
Tags: SMB, insurance, lead gen, quotes
Source: Crunchbase
Poynt
Smart payment terminal
Latest round: $28 million Series B
Total raised: $28 million
HQ: Palo Alto, California
Tags: SMB, small biz, merchants, acquiring, mPOS, point-of-sale, acquiring, payments
Source: Crunchbase
Citrus Payments
Web and mobile payment solutions for merchants
Latest round: $25 million
Total raised: $32.3 million
HQ: Mumbai, India
Tags: Consumer, payments, billpay, billing, SMB, merchants, point-of-sale, acquiring
Source: Crunchbase
iControl
Payment management
Latest round: $20 million
Total raised: $20 million
HQ: Burtonsville, Maryland
Tags: Business, SMB, trading partner management, Goldman Sachs (investor)
Source: FT Partners
Wave Crest Group
Prepaid card platform
Latest round: $14 million
Total raised: $32.9 million
HQ: Gibraltar
Tags: Enterprise, B2B2C, debit cards, prepaid, mobile, payments processing
Source: Crunchbase
MoneyForward
Online personal financial management
Latest round: $13.3 million Series C
Total raised: $30.9 million
HQ: Tokyo, Japan
Tags: Consumer, PFM, account aggregation, banking
Source: Crunchbase
Skills Fund
Lending to bootcamp students
Latest round: $11.5 million Seed
Total raised: $11.5 million
HQ: Austin, Texas
Tags: Consumer, student loans, accelerated learning, alt-lending
Source: Crunchbase
NerdWallet
Personal finance information portal
Latest round: $5 million Series A ($510 million valuation)
Total raised: $102 million (includes $33 million debt)
HQ: San Francisco, California
Tags: Consumer, financial services, lead gen, price comparison
Source: Crunchbase
inMediata
Healthcare payment management
Latest round: $4 million
Total raised: $4 million
HQ: Charlotte, North Carolina
Tags: Health care, payments, B2B2C, small business, SMB
Source: FT Partners
PIN Payments
Payments for developers
Latest round: $3.1 million
Total raised: $3.1 million
HQ: Melbourne, Australia
Tags: Consumer, PFM
Source: Crunchbase
WB21
Real-time global money-transfer system
Latest round: $2.27 million
Total raised: $2.94 million
HQ: Palo Alto, California
Tags: Consumer, payments, remittances,
Source: Crunchbase
Moneytree
Mobile transaction aggregation
Latest round: Undisclosed Series A (“in millions”)
Total raised: $1.6 million (prior to the Series A)
HQ: Tokyo, Japan
Tags: Consumer, mobile, debit/credit cards, account aggregation, PFM
Source: Crunchbase
Pepper
Mobile payment and loyalty app
Latest round: $1.7 million
Total raised: $1.7 million
HQ: London, England, United Kingdom
Tags: Consumer, payments, mobile, rewards
Source: FT Partners
LoanBook Capital
Marketplace lending platform
Latest round: $1.25 million
Total raised: $2.4 million
HQ: Barcelona, Spain
Tags: Consumer, P2P, lending, loans, underwriting, investing
Source: Crunchbase
SoftPay Mobile
Mobile point-of-sale
Latest round: $1 million Series A
Total raised: $1 million
HQ: Hanoi, Vietnam
Tags: Consumer, payments, mPOS, acquiring, merchants, Life.SREDA (investor)
Source: Crunchbase
SlimTrader
Trading platform for African commerce
Latest round: $1 million
Total raised: $1 million
HQ: Seattle, Washington
Tags: Consumer, ecommerce, payments, mobile
Source: Crunchbase
Timelio
P2P receivables financing plaform
Latest round: $500,000 Seed
Total raised:$500,000
HQ: Melbourne, Australia
Tags: SMB, small biz, receivables financing, invoice factoring, P2P, peer-to-peer
Source: Crunchbase
BSAVE
Bitcoin investing
Latest round: $400,000
Total raised: $400,000
HQ: London, England, United Kingdom
Tags: Consumer, virtual currency, investing
Source: Crunchbase
HomeCanvasr
Off-market real estate listings
Latest round: $200,000 Seed
Total raised: $200,000
HQ: Brooklyn, New York
Tags: Consumer, home purchase, real estate, mortgage
Source: FT Partners
Equinvest
Online platform for equity investing
Latest round: $170,000
Total raised: $170,000
HQ: Rome, Italy
Tags: Consumer, startups, SMB, equity investing, angel investing, VC
Source: Crunchbase
FastSeva
Online telecom recharge and billpay
Latest round: $100,000
Total raised: $100,000
HQ: Surat, India
Tags: Consumer, mobile, telecommunications, billing, invoicing
Source: Crunchbase
Financit
In-store financing specialist
Latest round: Undisclosed
Total raised: $21.4 million
HQ: Toronto, Ontario, Canada
Tags: Consumer, financing, B2B2C, indirect lending, loans, underwriting, in-store POS, Finovate alum
Source: Finovate
Abra
Bitcoin remittances
Latest round: Undisclosed Series A
Total raised: $14 million
HQ: Mountain View, California
Tags: Consumer, payments, cyrptocurrency, remittances, American Express (investor)
Source: FT Partners
LetsVenture
Fund-raising platform for startups
Latest round: Undisclosed
Total raised: Unknown
HQ: Singapore
Tags: SMB, enterprise, investing, fund raising, equity, investing
Source: Crunchbase
Stockal
Automated personal trader
Latest round: Undisclosed Seed
Total raised: Unknown
HQ: Bangalore, India
Tags: Consumer, mobile, investing, trading, analytics
Source: Crunchbase