ICYMI Funding Round-Up
Carry
- Funding: $10 million Series A
- Lead Investor: Accomplice VC
- Valuation: $65 million pre-money
- Purpose: Hiring, R&D initiatives
- Additional: Opened $1 million allocation for public investment
Fragment
- Funding: $9 million seed round
- Investors: Angels from Adobe, Coinbase, Linear, Doordash, Uber
- Purpose: Expand engineering team, go-to-market initiatives
- Focus: Fintech engineers, double-entry accounting infrastructure
Powder
- Funding: $5 million seed round
- Investors: General Catalyst, Funder’s Club, Elefund, Litquidity Ventures, Script Capital, YCombinator
- Purpose: Scale technology leveraging AI for wealth management
- Focus: Generative AI for parsing financial and estate documents
Grazzy
- Funding: $4 million seed round
- Lead Investor: Next Coast Ventures
- Purpose: Increase headcount, expand partnerships and integrations
- Focus: Digital tipping, instant disbursements, inclusive banking for hospitality sector
Jarvis
- Funding: £1.8 million seed round
- Lead Investors: Ascension VC, Cornerstone VC
- Purpose: Product development, ecosystem integration
- Focus: Retirement planning solution, real-time insights, financial wellness
Archie Investments
- First Investments: Wamo, Ekko
- Purpose: Support fintech acceleration
- Focus: Cross-border payments (Wamo), embedded sustainability solutions (Ekko)
