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Page 109

Kin Insurance constructs series C

CSAA-backed digital home insurance provider Kin secured $63.9m to increase its overall funding to about $150m.

May 11, 2021

Kin constructs series C

UChicago once again invested in Kin Insurance, participating in a $63.9m series C round that brought its overall funding to nearly $150m.

May 11, 2021

Sprout.ai grows with $11m series A

Founded at Imperial Collge London, Sprout three years ago, Sprout.ai has now secured $11m in a series A round led by Octopus Ventures.

May 10, 2021

Bill.com decides on $2.5bn Divvy acquisition

Hanaco and PayPal are set to exit Divvy, a provider of corporate spend management software, at a 56% premium to the valuation at which they invested in January.

May 7, 2021

Nuvei sends $250m for Simplex acquisition

Bitmain and DRW subsidiary Cumberland Mining are set to exit the crypto finance software provider five years after their investment.

May 7, 2021

Daily Deal Round Up: May 6, 2021

Opioid addiction care provider Groups Recover Together and healthcare management platform developer Vim each raised $60m, with Optum Ventures backing both rounds.

May 6, 2021

BitGo to enter Galaxy in $1.2bn acquisition

BitFury is set to exit the crypto wallet developer through a cash-and-stock acquisition by another investor, Galaxy Digital Holdings.

May 6, 2021

Bitso secures $250m in series C funding

The Coinbase, Ripple and Monex-backed Latin American crypto trading platform was valued at $2.2bn in a round co-led by Tiger Global Management and Coatue Management.

May 6, 2021

Gilbert builds Launchpad with $35m fund

Venture firm Launchpad Capital has been founded by Ryan Gilbert after five years as a general partner for BBVA-backed Propel Venture Partners.

May 6, 2021
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