Following Flutterwave in March, we hatched another unicorn in April! Huge congrats
to the Signifyd team; as they always say, it’s only the beginning!
Signifyd raises $205M at $1.34B valuation for its e-commerce fraud protection software
Rajesh Ramanand, co-founder and CEO of Signifyd
Congrats to Raj and the entire team at Signifyd (US) for their $205M Series E round
led by Owl Rock Capital. It’s been humbling to witness Signifyd’s relentless drive and
focus over the last ten years. Starting from a team of two to now growing into the
leading e-commerce fraud protection company
🗞 E-Commerce Company Signifyd Raises $205 Million in Investor Funding - Wall
Street Journal article
🗞 Extending Identity-Centric Commerce Protection Across Digital Shopping
Globally - BusinessWire article
Merama comes out of stealth with $160M in funding to tackle LatAm’s e-commerce market
Sujay Tyle, co-founder and CEO of Merama
We are very excited to back our long-time friend and repeat founder Sujay Tyle in
his new adventure: becoming the largest e-commerce product seller in LatAm. By
partnering with and growing the top category-leading merchants in the region, the
extraordinary team at Merama (Mexico) is on a mission to build a category-defining
company in the online retail space. What an exciting journey ahead! Glad to share it
with friends at Valor Capital, Monashees, and Balderton Capital amongst others
🗞 Armed with $160M in funding, LatAm’s Merama enters the e-commerce land
grab - TechCrunch article
🗞 Merama levanta $160M y se sube oficialmente al boom latino del eCommerce
- Forbes (Mexico) article
Candex raises a $20M Series A for its payment processing software
Jeremy Lappin, CEO, and Shani Vaza, VP of R&D
Since launching in 2011, Candex (US) has been building the “Venmo for business”,
acting as the “master vendor” for large companies on behalf of small suppliers. We
could not be more delighted to work with our long-time friends at Altos Ventures on
this new round of funding for the company
🗞 Candex raises their Series A - Finledger article
🗞 American Express and JPMorgan join $20 million funding round - Finextra article
Cutover secures milestone $35M Series B as enterprises accelerate digital transformation
Ky Nichol, founder and CEO of Cutover
The round, led by Eldrige, comes as Cutover (UK) doubled revenues in 2020 by
winning landmark projects, such as signing three of the five biggest US banks as customers.
🗞 Orchestration platform Cutover raises $35M for digital transformations
- VentureBeat article
🗞 Cutover featured in the “One to Watch” section - The Stack article
🍕 More Notable News
On-demand, at-scale custom parts maker Geomiq (UK) announced their
£2.9M seed round. read here → 💸Logmore (Finland) joined DHL protecting vaccine shipments. read here → 💪
Novicap (UK) appointed their new CFO and explained what it means for the
company. read here → 🗝