401(k) supplier Human Interest doubles valuation with $55M fundraise

401(k) supplier Human Interest doubles valuation with $55M fundraise

Human Interest, a 401(k) service provider for medium-sized and small companies (SMBs), announced Thursday that it has added another $55 million to its Series C. The news is significant for a couple of reasons. For one, the San Francisco-based business had actually already raised $50 million across 2 tranches in 2020. The bulk of its [ …] Human Interest’s development has been excellent. Human Interest says it works with “every kind of SMB”– from tech start-ups to law workplaces, from dental professionals to dog walkers, making firms and social justice nonprofits. Presently, Human Interest has about 300 workers, up from a little over 100 a year ago. The NewView group was also drawn to the company’s desire to make using a 401(k) accessible for more employers. …

Mexican challenger bank albo raises $45 million to broaden

Mexican challenger bank albo raises $45 million to broaden

With almost half a million customers across Mexico and a network of 30,000 retail areas where agents can take deposits, the challenger bank albo is currently on its way to ending up being a dominant gamer in Mexico’s emerging fintech industry. And the business has recently raised another $45 million to combine its position. “When your mission […] Sahagún stated the money will be utilized to broaden into loaning and insurance items the range of services albo deals. …

Cybersecurity insurance coverage startup Union raises $90M Series C

Cybersecurity insurance coverage startup Union raises $90M Series C

This morning, Coalition announced that it has actually closed a $90 million Series C. The financing happens a year after the cybersecurity insurance startup raised a $40 million Series B that TechCrunch covered at time. The startup’s new, bigger financing round was led by Valor Equity Partners and included participation from Greyhound Capital and Felicis, along […] Provided that the company’s Series B was normally reported as $40 million, the math didn’t include up. TechCrunch spoke with the business, learning that its Series B was $25 million in main, and $15 million in secondary. Coalition’s financing round stood out not just since it represented an outsized Series C, but also because the firm reported an outstanding consumer growth figure. …