MENLO TIMES

Gradient Labs, building AI for customer operations in finance, led by Dimitri Masin, Danai Antoniou, and 🚀 Neal Lathia, has announced an increased Series A of $26 million, led by new investors Octopus Ventures and CommerzVentures, with follow-on backing from Redpoint Ventures and Exceptional Capital. This funding will help build the foundation for autonomous banking that drastically improves the experience of bank operators and the customers they serve. Reimagining How Banks

Corgi, business insurance at the speed of compute, led by Nico Laqua, Emily Yuan, and the team, has raised a $106 million Series B1 round, led by TCV with participation from Prime Capital, Zone 2 Ventures, Oliver Jung, Leblon Capital, Kindred Ventures, Quadri Ventures, First Order Fund, Vocal Ventures, Nordstar, GSBackers, Repeat Ventures, 8188 Capital, and other strategic investors. The new funding round values Corgi at $2.6 billion and will support the expansion of its ful

Didit, identity and fraud, rebuilt as infrastructure, led by twin brothers Alberto Rosas and Alejandro Rosas, has raised $6 million, bringing the total raised to $7.5 million. This round was backed by Y Combinator, Pioneer Fund, Orange Collective, SaaSholic, Founders Future, Phosphor Capital, Rebel Fund, Lobster Capital, alongside angels like Tomer London (co-founder of Gusto) and Taro Fukuyama (founder of Fond), and other amazing VCs and angels who joined the round, operator

Primer, unified intelligence for payments, led by Gabriel Le Roux and the team, has raised $100M Series C led by Sofina, with participation from Peak XV Partners and all existing investors. AI is reshaping payments and finance by enabling faster decision-making, earlier issue detection, and more confident real-time actions. However, its effectiveness depends on unified data, which has historically been fragmented across processors, acquirers, fraud tools, and finance systems,

Farther, Intelligent wealth management, natively built to unlock greater client wealth, led by Brad Genser and Taylor Matthews, has raised $150 million in Series D funding led by General Atlantic. Founded in 2019, Farther provides an AI-driven wealth management platform that modernizes legacy advisory systems through integrated tools for portfolio optimization, execution, risk management, and client insights, while also offering access to private market investments. It serves

Scapia, one of India's leading travel-fintech companies, led by Anil Goteti and the team, has raised $63 million in a round led by General Catalyst, with continued participation from existing investors Peak XV Partners and Z47. With this round, Scapia will scale to millions of customers across India and accelerate its AI-first approach to product and team development. “We are excited to have General Catalyst join us as a partner, alongside continued investment from Peak XV an

bunch, building the Backbone for Private Markets, led by Levent Altunel, Enrico Ohnemüller, and the team, has announced the close of its $35 million Series B, led by Portage, with participation from Illuminate Financial, significant follow-on investment from existing investors Motive Partners, Cherry Ventures, Fintech Collective, and additional angel investors. The funding will be used to accelerate commercial growth across Europe, deepen automation and AI capabilities, and

Moment, the AI operating system for investment management, led by Dylan Parker, Dean Hathout, and Ammer Soliman, has raised $78 million in a Series C funding round led by Index Ventures, with participation from Andreessen Horowitz, Avra, and other existing investors. This comes less than 10 months after Moment’s $36M Series B, which was also led by Index Ventures. “Investment management is being rebuilt around AI, and it’s happening at Moment,” said Jan Hammer, Partner at Ind

Adfin, the first platform designed from the ground up for the specific demands of invoice payments, led by Tom Pope & Ciprian Diaconasu, has raised Series A, bringing the total invested in Adfin to over $30M in less than two years. The long-time supporters, Index Ventures, have tripled down by leading the round, along with existing investors Visionaries Club. The company is delighted to welcome Stéphane Kurgan, one of Europe's best operators, and Andrey Khusid, founder of Mir

Fazeshift, your AI agents for accounts receivable, led by Caitlin Leksana, Timmy Galvin, and the team, has announced Series A, bringing the total funding to $22 million. The Problem Fazeshift is Solving Accounts receivable remains one of the most manual and fragmented workflows in modern businesses, spread across spreadsheets, email threads, and disconnected systems. This slows payments, restricts working capital, and forces finance teams to focus on collections rather than s

Elastics, building AI agents for prediction markets, led by Szymon Pawica and Mateusz Brodowicz, has raised $2 million in an oversubscribed pre-seed round led by Frst with participation from angels from across the AI and crypto world, among them the co-founders of ElevenLabs, partners from XBTO, an a16z scout, and a co-founder of RedStone. Elastics has secured funding to democratize quantitative trading by equipping individual traders with AI-powered tools for automated resea

Rogo, building the best AI analyst on Wall Street, led by Gabriel Stengel, John Willett and Tumas Rackaitis, has raised $160M in new financing, led by Kleiner Perkins, with participation from Sequoia, Thrive Capital, Khosla Ventures, J.P. Morgan Growth Equity Partners, BoxGroup, Mantis VC, Jack Altman, Evantic, and Positive Sum. Rogo is now deployed across many of the world’s leading investment banks, asset managers, and private equity firms, reflecting strong early adoption

(A Guest Post by Marius Jurgilas, CEO of Axiology) Fixed income is the quiet giant of capital markets. With more than $140 trillion outstanding globally, it dwarfs listed equities and funds, governments, banks, and corporates. And yet the machinery that moves it has not meaningfully changed in a generation. The whole bond lifecycle (issuance, custody, trading, settlement) still runs on siloed systems stitched together by intermediaries, message queues, and overnight batch pro

Marloo, building AI for financial advisers, led by Hardy Michel, Shakeel Lala, and Ben Robertson, has raised a $10 M USD seed round led by Blackbird Ventures, with participation from Icehouse Ventures. Blackbird is doubling down on its pre-seed investment from six months ago, bringing the total funding to $12.7 M USD in twelve months. “Every advisory firm stands to benefit from a partner like Marloo. Early adoption is already translating into greater capacity, stronger compli

This is a guest post by Daniel Liechtenstein, Co-Founder & CEO @ Hypercore. Private credit has grown into a $2+ trillion asset class. The capital is there. The deals are there. What hasn't kept pace is how firms actually run their operations once the money is deployed. That gap is becoming harder to ignore. The Hidden Operational Problem. Most private credit firms run loan servicing through a combination of spreadsheets, legacy systems, and manual workflows. Payment waterfall

spektr , building AI agents that handle the manual work behind compliance, led by Mikkel Skarnager , Ciprian Florescu , Jan-Erik Wagner , and Jeremy Joly , has raised a $20 million Series A funding round led by NEA , with continued participation from Northzone , Seedcamp , and PreSeed Ventures . The new capital will go toward expanding our AI platform and accelerating adoption across financial institutions globally. The Problem Being Solved Compliance teams at banks and finan

Juno , the tax prep automation platform built by CPAs for tax professionals, led by Dave Hasse, has announced $12 million in seed funding led by Bonfire Ventures , along with Impression Ventures and X Fund . Juno automates tax return preparation, review, and advisory workflows, reducing time spent per return by up to 50% while keeping humans actively involved in the process. Tax preparation remains highly manual, while opaque AI tools introduce unacceptable risk in regula

Modus , the right partner for ambitious accounting firms, led by Arush Jain, Vinay Kasat, Pranav Pillai, and the team, has raised $85 million in Seed & Series A funding, led by Lightspeed Venture Partners , with participation from Comma Capital and Garry Tan. The capital will accelerate Modus’s technology development and support its strategy of investing in and partnering with audit-first accounting firms. Modus is building an AI-native accounting platform that combines pro

INXY , your bridge to crypto payments, led by Ruslan Zholik and the team, has raised $4 million in a new funding round led by Flashpoint Capital , following a $3 million raise in 2025, bringing its total seed funding to $7 million. The capital will support product expansion, secure additional regulatory licences, and scale presence across key international markets. In 2026, demand for stablecoin payment infrastructure increased fivefold year-on-year, with active usage rising

Midas , the standard for onchain investment products, led by Dennis Dinkelmeyer, Fabrice Grinda, Romain Bourgois, and the team, has announced a $50M Series A led by RRE and Creandum , with participation from Framework Ventures , HV Capital , Ledger Cathay , North Island Ventures , Coinbase Ventures , Franklin Templeton , GSR, and others across crypto-native, institutional, and venture capital. Alongside this, Midas is launching Midas Staked Liquidity (MSL), the core

Zalos , automating repetitive finance workflows, without having to change your finance systems, led by William Fairbairn and Hung Hoang, has raised a $3.6 million in seed led by 14 Peaks with participation from Cohen Circle , 20VC , and notable angels. Finance teams rely on complex ERPs, yet still manage manual, repetitive work across disconnected systems. Zalos automates these workflows using computer agents, without requiring system replacement. Modern finance teams operat

Shepherd , smarter underwriting powered by data and technology, led by Justin Levine, Mo Mahallawy, and the team, has raised a $42M Series B, led by Intact Private Capital , the venture arm of one of the world's largest commercial insurers, with continued participation from Spark Capital , Costanoa Ventures , and more, bringing the total funding to $67M. While much of the AI boom focuses on compute, models, and software, a critical challenge lies in insuring the physical inf

Spade , the data and AI platform for modern finance, led by Oban MacTavish , Tess Bloch , and the team, has raised a $40M Series B led by Oak HC/FT , with participation from Andreessen Horowitz , Flourish , Gradient , NAventures (National Bank of Canada’s corporate venture arm), and Y Combinator . While transaction volumes have surged, the underlying data infrastructure has remained largely unchanged for decades, leaving key details incomplete or inaccurate due to misaligne

Finfinity , a bootstrapped digital lending marketplace, led by Pradeep Chauhan, Mohit Jain, Vijay Kadam, Saaurabh R Pradhaan, and the team, has USD 2.4 million in a seed funding round led by the Mankind Pharma Promoter’s Family Office. The round also saw participation from Vi-John Group, Sanjay Singhvi, Bavadeep Reddy, Malani Ventures Pvt Ltd (Sanjay Shah Family office), Gurshant Singh Bhatia, Sunny Bhatia, Upkaran Singh Chawla, Harbir Dhingra, and employees of the company.

Cleavr , an AI-powered cash collection platform, led by Antoine Grenard , Baptiste Nassoy , and Arthur Guerin , has raised a pre-seed funding of €1 million, alongside Kima Ventures , Better Angle , Another VC , Aonia Ventures , Super Capital , and business angels from Pennylane, MyUnisoft, Convelio, and others. A persistent challenge 94% of French companies face late payments, forcing finance teams to spend hours on manual accounts receivable tasks. Despite advances in

Upvest , enabling businesses to build great investment experiences for their end users, seamless, secure, and across international borders, led by Martin Kassing, Tobias Auferoth, Dr. Til Rochow, and the team, has announced a $125 million financing round to accelerate the modernization of legacy banking systems across Europe and the UK. The $90 million equity round is led by Sapphire Ventures and Tencent , with strong backing from existing investors including Bessemer Ventu

Fuse , the AI-native loan origination and account opening platform trusted by more than 100 financial institutions, led by Andres Klaric and Marc Escapa, has announced the Fuse Rescue Fund: a $5 million initiative to liberate credit unions from long-term contracts with legacy technology vendors. The company also announced that it has raised a $25 million in Series A led by Footwork , Primary Venture Partners , NextView Ventures , and Commerce Ventures . The first 50 qualifyi

KAST , the global money app powered by stablecoins, led by Raagulan Pathy, James Butland, Sam Kerrins, Reto Wolf, Sameera Nilupul, and Ryan Parsons, has raised $80 million in Series A funding co-led by QED Investors and Left Lane Capital with participation from Peak XV Partners , HSG , and DST Global Partners . KAST’s Growth and Vision The latest funding fuels KAST’s next growth phase, supporting product expansion, licensing and compliance, and team growth. The stablecoin-

Orca Fraud , a real-time fraud intelligence platform, Thalia Pillay , Carla Wilby , and the team, has raised $2.35 million in an oversubscribed seed round led by Norrsken22 , with participation from OneDayYes , Enza Capital , and CV VC Africa. The funding follows 16 months of rapid enterprise growth driven by increasing demand from banks, fintechs, telcos, and payment providers operating in complex, high-velocity payment environments. “Rarely do you see the mix of technical b

Silverflow , the cloud-native payment processing company, led by Anne Willem de Vries, Paul Buying, Robert Kraal, and the team, has raised $40 million (€37 million) in a Series B funding round led by Picus Capital , with participation from Rabo Investments - Corporate Venturing, and existing investors, Inkef , GPT, Crane , and Coatue . This European-led investment will strengthen the global expansion of Silverflow, accelerate development of its payment processing platform,

Rowspace , the best way for investors to scale their edge with AI, led by Michael Manapat and Yibo Ling, has announced its launch with $50M in backing from Sequoia , Emergence , Stripe , Conviction, Basis Set , Twine, and angels from across finance. Top investors build an edge over the years through institutional knowledge, memos, models, committee notes, emails, deal histories, and trading data, which captures what worked, what didn’t, and why. At most firms, this knowledge

Basis , building the next era of accounting with agentic AI, led by Matt Harpe, Mitchell Troyanovsky, and the team, has raised $100 million led by Accel alongside GV (Google Ventures). Basis was founded on the belief that AI agents will soon become central to knowledge work, with accounting emerging as one of the first and most critical domains. Structured, high-stakes, and essential to every business, accounting remains one of the most underbuilt areas in technology. Thre

Hypercore , the company on a mission to modernize loan administration, led by Daniel Liechtenstein, David Yahalomi, Tomer Moshe, and Eitan Frailich, has announced $13.5 million in Series A funding led by Insight Partners. The investment will support the launch of Hypercore’s AI Admin Agent, introducing a new category of loan servicing that integrates established loan management technology with AI agents to provide end-to-end operational infrastructure for private credit fund

Stacks , helping reinvent the financial close, led by Albert Malikov and the team, has raised $23M Series A led by Lightspeed , with EQT Ventures , General Catalyst , and S16VC doubling down. The round comes less than a year after Stacks’ $12 million seed financing led by General Catalyst, underscoring the company’s rapid traction and momentum. Finance is becoming the next major enterprise function to be rebuilt with AI, following multibillion-dollar transformations in cus

Unicity Labs , building Agentic marketplaces for machine-speed commerce, led by Mike Gault and the team, has raised $3 million in seed funding led by Blockchange Ventures, with participation from Tawasal Al Kaleej , a Middle East-based communications super app, and Outlier Ventures , a leading Web3 early-stage investor. The funding aligns with the emergence of AI agents as economic participants, with the global agentic AI market projected to exceed $100 billion by 2032. Unici

Sphinx , the company building browser-native compliance agents for financial institutions, led by Alexandre Berkovic and Chrisjan Wust, has raised a $7.1 million seed round led by Cherry Ventures , with participation from Y Combinator , Rebel Fund , Deel Ventures, and Singularity Capital. Unlike traditional RegTech platforms, Sphinx does not require teams to adopt a new system. Its AI agents operate directly within existing tools, case management systems, third-party portals,

ScyAI , building AI-powered risk intelligence for companies with large real asset portfolios, led by Bernhard Rannegger and Alex Sidorenko, has raised a €2 million pre-seed round from AENU and PT1 . The round also attracted unicorn founders, including David Helgason (Unity), Maex Ament and Philip Stehlik (Taulia, Centrifuge), alongside the angel investor alliance Better Ventures . For manufacturers, energy producers, and companies with large physical asset portfolios, clima

Bretton AI , helping the $30T financial services market move faster while protecting against financial crimes that fund terrorism, human trafficking, and other serious threats, led by Will Lawrence and the team, has raised a $75M Series B funding round led by Sapphire Ventures , with continued investment from all existing institutional investors, including Greylock , Y Combinator , Thomson Reuters Ventures , and Canvas Ventures, and new investor TIAA Ventures . The company u

Sapiom , giving AI agents trusted access to the API economy, led by Ilan Zerbib, has raised a $15.75M Seed round, led by Accel , with participation from Gradient , Array Ventures , Okta Ventures , Menlo Ventures , Anthropic , Coinbase Ventures , Formus Capital , and Operator Collective . For two decades, the internet economy has been built for humans; interfaces, authentication, payments, and risk models all assume a person is present to sign up, manage access, and approve s

Bound , making managing currency risk simple, transparent, and predictable, led by Seth Phillips, Dan Kindler, Marita Cavalcanti, and Gerard Hurley, has secured $24.5M in Series A funding, led by AlbionVC . Existing investor Notion Capital and other investors, including Album VC , Moonfire , GoHub Ventures , and others, participated in the round. The platform enables businesses to automate FX hedging, protect margins, and manage international cash flow with minimal effort. C

Axiology , simplifying access to digital fixed-income instruments by providing infrastructure that connects businesses and retail investors, led by Marius Jurgilas , Andrius Košuba , Andrius Mamontovas , and Algirdas Neciunskas , has raised €5 Million in seed funding led by Exponential Science, e2vc , and Coinvest Capital . It was joined by new investors TIBAS Ventures and Plug and Play . The seed round is also supported by the previous round investors like BSV Ventures , N

Artificial Labs , building the foundations of modern specialty (re)insurance, led by Martin Reith, David King, Johnny Bridges, Artur Kisiolek, and Ed Howkins, has raised $45 million Series B funding round led by CommerzVentures , a leading European Fintech investor, with support from Move Capital Fund I, a leading European B2B Tech investor, and continued backing from existing investors, including Augmentum Fintech , 6 Degrees Capital , FOM, and TrueSight Ventures . “This r

Taxnova , giving finance and engineering teams a faster, safer, and more controlled way to claim what they’re entitled to, led by George Nichkov and Maria Malykh, has raised $1 million in pre-seed funding from a16z speedrun , s16vc , Karaoke Club , and 20 operators from tech companies. R&D tax relief lowers tax bills or provides cash for qualifying innovation. In 2023–24, UK companies claimed £7.6B, while the US federal government issues $32B annually, with 30+ states offeri

Bits Technology , the growth engine for the entire compliance lifecycle, led by Fredrik Eriksson, Jonatan Klintberg, Robin Lantz, and others, has raised €12 million in Series A funding led by Alstin Capital , with participation from Cherry Ventures , Unusual Ventures , and Alliance Ventures . Haval van Drumpt, Chief Executive of Tre Sweden, also invested. The round will fast-track product development and European expansion, helping regulated businesses enter new markets more

Rogo , the AI-platform purpose-built for finance, led by Gabriel Stengel, John Willett, and Tumas Rackaitis, has raised a $75 million Series C led by Sequoia Capital , with participation from Henry Kravis and Wells Fargo , and continued support from previous investors Thrive Capital , Khosla Ventures , Tiger Global , and J.P. Morgan , bringing the total funding to more than $165 million. The funding will be deployed to scale the world’s first fully agentic end-to-end AI plat

Slice , making it easy and safe for finance, legal, and HR teams to manage equity globally, led by Maor Levran , Yoel Amir , and Samuel Amar , has raised $25M in Series A funding, led by Insight Partners , with continued support from TLV Partners , R-Squared Ventures , and Jibe Ventures . The funding represents a key milestone for Slice and signals a broader shift in how modern companies approach equity management, compliance, and global scale. Equity operations have not k

Concourse , AI agents for corporate finance teams, led by Matthieu Hafemeister and Ted Michaels, has raised a $12M Series A led by Standard Capital , with participation from Andreessen Horowitz , CRV , Y Combinator , SV Angel , FOG Ventures , and Ritual Capital ; CFOs from companies like Cursor, Vercel, and Carta, 1Password; and executives at OpenAI, Brex, Mercury, Color, and more. A year after emerging from stealth, Concourse AI agents are deployed at Fortune 500 companies,

Zocks , the AI assistant for financial advisors, led by Mark Gilbert and Ákos Ratku, has secured $45 million in Series B funding co-led by Lightspeed Venture Partners and QED Investors , along with participation from Illuminate Financial and all existing investors, including Motive Partners , Expanse Venture Partners , Entrée Capital , and 14Peaks Capital . The round brings total funding for Zocks to $65 million, and follows its $13.8 million Series A in March 2025. With ne

Mysa , building the future of Finance & Banking, led by Arpita Kapoor, Mohit Rangaraju, Ashutosh Panigrahi, and Mohit Jain, has secured $3.4 million in Pre-Series A funding co-led by Blume Ventures and Piper Serica , with participation from new investors Ikemori Ventures, Raise Financial Services , QED Innovation Labs, and existing investors Antler , IIM A Ventures & Neon Fund . Mysa helps regulated, multi-entity organizations manage auditability and payment controls a

Juspay , the global payments operating system, led by Vimal Kumar, Sheetal Lalwani, Ramanathan RV, Magizhan Selvan, and others, has raised $50 million in a Series D follow-on round from WestBridge Capital . The transaction is a mix of Primary and Secondary investments, which values Juspay at $1.2 billion. The secondary component provides liquidity to early investors and employees holding ESOPs, the second such opportunity Juspay has enabled within a year. Juspay has contin