STARTUPS
The startup grid
It’s been an interesting month in finance for startups, disruptors and unicorns in artificial intelligence. Using the GlobalData deals database, Verdict presents a summary of four startups that have stood out this year, hopefully paving the way to a safer and more private online future for all of us
Alvin Technologies
Founded:
2021
Funding to date:
$740,000
Mission:
Alvin Technologies, a Kenya-based smart money manager app that uses automated budgeting, personalised offers and applied behavioural game design strategies to help people align their daily spending around their savings goals in a sustainable way, has secured $740,000 in pre-seed funding round led by Ingressive Capital.
Human Security
Founded:
2012
Funding to date:
$368.4m
Mission:
Human Security (formerly White Ops), a US-based developer of an online fraud detection platform, has secured $100m in venture funding round led by Westcap Group, NightDragon Security and other current investors.
LABELBOX
Founded:
2017
Funding to date:
$189m
Mission:
Labelbox, a US-based enterprise tool for managing all aspects of the data labelling processes to develop and maintain machine learning systems, has secured $110m in Series D venture funding led by SoftBank’s Vision Fund 2.
In addition Snowpoint Ventures, Databricks Ventures, B Capital Group, Andreessen Horowitz and Catherine Wood also participated in the funding.
Dunzo Digital
Founded:
2012
Funding to date:
$129m
Mission:
Dunzo Digital Private, an India-based provider of grocery delivery services, has secured $240m in venture funding led by Reliance Retail Ventures Ltd with participation from Lightbox Ventures, Aspada Investment Advisors (Ligthrock), 3L Capital LLC and Alteria Capital Advisors LLP.
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