Funding Watch – 22/04/2020
Here at Talent Ticker, we’re all about removing some of the stress from recruiters’ lives. With everyone on lockdown and companies battening down the hatches, a recruiter’s job is harder than ever at the moment. That’s why we’ve collected the largest funding rounds from the last week which you may have missed into one list, to help make finding your next deal that little bit easier.
Identity tech firm Onfido has raised $100m in a TPG Growth-led funding round. The round, which brings Onfido’s total fundraising to $200m, is its largest to-date. Powered by AI, Onfido verifies a person’s identity by using a photo ID and selfie video. Based in San Francisco, Onfido also has offices in Delhi, Lisbon, London, New York, and Singapore.
Onfido has earmarked this round to increase its investment in machine learning, to expand to new markets, and strengthen its presence in current markets. With six global offices and major investment into one of its key teams, Onfido could be a boon across all of your verticals.
Tel Aviv-based cyber security firm BioCatch has closed its Bain Capital-led Series C round at $145m. The firm, which specialises in helping financial institutions protect users’ data, also has offices in London, Mexico City, Mumbai, New York, São Paulo, and Sydney .
BioCatch hasn’t stated any specific plans for its latest round, but with increased demand caused by COVID-19 disruption and a hefty Series C in financial backing, you can expect to see growth across all of their areas. With offices in five continents, forging a relationship with BioCatch could help you expand into new territories.
Currently live in their home-base of Germany, Taxfix has plans to expand its product to France and Italy next, adding 100 new staff to its team to support its expansion plans. With aggressive growth on the books, reaching out now could see you making deals all the way through COVID-19.
VAST Data has earmarked its latest round of funding to drive global expansion of its product and to generally accelerate its new phase of growth. As its expansion plans are general, starting a relationship with VAST Data now could see you getting onto its PSL for future deals.
In the last of our funding rounds this week, insurtech Alan has raised €50m in Series C funding led by Temasek. Started in 2016, the Paris-based firm, which provides digital health insurance through its app, was the first independent health insurance firm founded in France since 1986.
Alan has stated it will be using the latest funding to support its global expansion, starting with Europe. With recently-opened offices in Spain and Belgium, Alan is looking to strengthen its European presence with more locations before moving further afield. Making friends with Alan now could see you supporting their international expansion down the line.
Looking for more companies to reach out to? Let us save you time. You can find even more daily leads on Talent Ticker to help you through the COVID-19 drought. Make sure to set up notifications for saved searches in your area, so you never miss a lead.
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