z21 Ventures’ Post

Centricity WealthTech, a Gurugram-based wealthtech startup, has raised $20 million in a seed round led by Lightspeed, along with backing from Paramark VC, Burman Family Office, and angel investors including Ritesh Agarwal and MS Dhoni’s family office. The funding, which catapulted Centricity’s valuation to $125 million, will be used to expand its platforms, Invictus and One Digital, by doubling its tech team and enhancing AI-driven solutions. Founded in 2022, Centricity empowers financial advisors through plug-and-play solutions, driving efficiency for financial distributors and single-family offices in the growing wealthtech space. #CentricityWealthTech #CentricitySeedFunding #WealthTechInnovation #LightspeedInvestment #AIinFinance #TechDrivenWealthManagement #EmpoweringFinancialAdvisors #CentricityGrowth #FutureOfWealthTech #StartUpIndiaSummit2024 #EPNews

Fable, a Toronto-based startup founded by CEO Alwar Pillai in 2020, recently raised $25 million in a Series B round led by Five Elms Capital. Known for its digital accessibility tools, Fable helps companies design products that are more inclusive for people with disabilities. With this new funding, the company is expanding its platform to support cognitive and hearing impairments while also focusing on improving AI training data for inclusivity. Fable’s tools empower teams to integrate accessibility into their workflows, ensuring better products for all users. Learn More: https://lnkd.in/ghWpB3jC INVESTORS: Five Elms Capital, Difference Ventures, Disruption Ventures & Golden Ventures ROUND: Series B AMOUNT: $25,000,000 HQ: #Toronto #Canada #VentureCapital #Fable #FiveElmsCapital #DifferenceVentures #DisruptionVentures #GoldenVentures #AlwarPillai #TradedVC

AI-driven startup Budy.bot has raised $4.2 million in a pre-seed funding round led by RTP Global with participation from top investors such as BEENEXT Pvt. Ltd., The Neon Fund, BITS Spark Angels, and over 15 notable angel investors. Key angels included Raju Reddy, Abhinav Asthana (CEO & Co-founder of Postman), former GreyOrange executives and others.   The company is currently partnering with select enterprise clients through its design initiative to address high-impact use cases such as optimizing Salesforce to meet current business needs while retaining data, improving lead conversions by identifying and fixing pipeline leakages, and enhancing revenue and cash forecasts using a bottom-up model.   Want to deep dive? For premium market intelligence and insights, explore VCCEdge (link in the comment section 👇)   #AIStartup #PreSeedFunding #VentureCapital #AngelInvestors #VCCEdge Samay Kohli

Today's grab-and-go breakfast 🥯 ☕ Obligo, a rental security deposit fintech, raised $35 million in new funding co-led by 83NORTH and True Global Ventures, with participation from 10D , Entrée Capital, HighSage Ventures, MUFG Innovation Partners, and Viola Credit. Paccurate, a packing intelligence platform for parcel shippers, raised $8.1 million in Series A funding led by High Alpha, with participation from Tech Square Ventures, Grand Ventures, Hyde Park Angels, Las Olas Venture Capital, SpringTime Ventures, and Royal Street Ventures. HealthEx, a patient consent platform, raised $14 million in Seed and Series A funding led by General Catalyst, with participation from Electric Capital. #VentureCapital #Innovation #Technology #TechEcosystem #Startups #AI #Proptech #RealEstate #PatientCare #PatientData #Data #Shipping #ArtificialIntelligence #Healthcare #HealthTech #FinTech You can find condiments here 👇

What changes within a company when it turns from bootstrapped to funded? Last week, when we shared the news with the LXME team that we had raised our first round, the entire team was super excited. However, along with an emotion of joy, I also think getting funded affects the company in multiple ways, such as: 1. It brings in a sense of positivity, a huge sense of exhilaration. Every single person who has been working in the team, it is also an individual validation for each one of them. 2. When you are bootstrapped, you have to be really frugal. You still have to be frugal despite getting funded, however, having travelled the journey of being bootstrapped so far, we now know what is better and more effective for us to get the right resources with the right skillset. 3. ESOPs become more meaningful for the team and new hires. 4. The most important thing getting funded brings is the optimism and joy that people are believing in our vision. Along with having customers on our side, we have the right partners on our board as investors. We have just started. Miles to go before we sleep. Miles to go on and let women know the power they have, when they manage their own money. Miles to go, with smiles on their faces and money at their disposal :) Ridhi Kanoria Doongursee

🌟 Exciting Announcement from TestPro Innovation Fund! 🌟 ◻ We're thrilled to announce our latest partnership with the dynamic tech startup Neverleft. As a testament to our commitment to fostering innovation, TestPro’s managing partner, Jay Sarwar, is now officially a Board Advisor to Neverleft. ◻ Our collaboration will focus on two pivotal areas: a) Assisting in the technology build and test phases, ensuring Neverleft's offerings are robust and market-ready. b) Bridging connections with potential investors to fuel Neverleft's journey forward. ◻ A big shout-out to the visionaries Nick Papaliakos Athanasiou and Awad A. at Neverleft. Working alongside such brilliant minds is an honour; we're excited about this partnership. ◻ If you are a #techinvestor and want to know more, contact Jay Sarwar, Managing Partner at TestPro🚀 #InvestorNetwork #TestProInnovation #TechInnovation #StartupSupport #StartupFunding #VentureCapital #VC #FounderAdvice #AngelInvestor #Techinvestment

At #VixulCon2024, we talked to seasoned investor ☀️Raza Shaikh (Managing Partner, Beacon Venture Partners; Managing Director, Launchpad Venture Group) about the differences between the support #tech product and tech services experience and how Vixul helps fill that gap. Having built tech services #startups from the ground up, Raza noted the lack of a mature ecosystem to nurture services and the absence of #mentorship many tech services founders grapple with as they scale their companies. #Austin #Texas #candid #conference #event #throwback

StackGen, formerly known as appCD, has secured a $12.3 million seed round and appointed Arshad Sayyad as Chief Business Officer. The company aims to utilize the funds to accelerate product development, enhance its go-to-market strategy, and fuel company growth. With the rebranding to StackGen, the company showcases its commitment to providing comprehensive infrastructure solutions spanning the entire technology stack. The company has also expanded its leadership and go-to-market team with key appointments, such as Arshad Sayyad, Danielle Cook, and Lauren Rother. StackGen is a pioneering company focused on simplifying Infrastructure as Code (IaC) processes through automation. By leveraging advanced technologies, they generate IaC from application codes, ensuring adherence to golden standards. This approach aims to alleviate the burden on developers and organizations, allowing them to concentrate on core business logic and application architecture. With a recent $12.3 million seed round investment, StackGen plans to expedite product development, refine its go-to-market strategy, and foster company expansion. The company's rebranding to StackGen signifies its dedication to delivering comprehensive, full-stack infrastructure solutions that streamline developer experiences and uphold industry standards, all while embracing the potential of generative AI. Factacy.ai Congratulates and wishes them well. Firebolt Ventures, Thomvest, WestWave Capital, Secure Octane #innovation #management #digitalmarketing #technology #creativity #futurism #startups

XP Health Secures $33M to Democratize Access to Vision Care, Partners with Navigator and Bennie XP Health, a California-based health technology startup revolutionizing vision care, has secured 33.2 million in a Series B funding round and partnered with Employee Navigator and Bennie to democratize access to high-quality vision care. According to the company’s announcement yesterday, the round was backed by prominent fintech VC firm QED Investors, with significant financial support from SemperVirens Venture Capital , Canvas Ventures, American Family Ventures, Valor Capital Group, ManchesterStory, and HC9 Ventures. Co-founded in 2019 by Antonio Ermirio de Moraes Neto and James Wong, the company offers a wide range of vision care programs aimed at minimizing employee expenses and providing great care experiences. Read more here: https://lnkd.in/g-RVr82A #fundingnews #FundingOpportunity #StartupFunding #StartupSuccess #HealthcareNews #HealthcareFunding #nextdigitalhealth #Wi4 #vineetagrawal

🎉 300 days of magenta magic: A milestone for Digital Ventures 🎉 Milestones are opportunities to pause and reflect on our journey – what was, what is, and what is yet to come. After 300 days as a proud member of the Magenta family, we at Digital Ventures have done just that – we looked back and courageously into the future. 🚀 Our journey – From vision to reality Every great idea starts with the desire to surpass the status quo. At Digital Ventures, we are driven by the vision of developing customized software solutions that meet all our customers' business needs. Our goal is to create digital products that inspire and provide sustainable value - from the initial idea to successful market launch and beyond. 🌟 Taking the next steps together – dreaming, building, scaling The first 300 days were just the beginning. We look forward to continuing to develop and scale digital products that improve lives. Do you have a vision for your own digital solutions? We are happy to accompany you from your dream to implementation and beyond. Let’s shape IT together and form the digital future! 👉 Learn more about our journey and vision in this article: https://lnkd.in/e3-JGYBn #dreambuildscale #werkstolz #digitaldreams #digitalsolutions #innovation #agileteams #TSystems #Magenta #FutureReady https://lnkd.in/edEp_NFV