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Tag: QED Investors

Earned Wage Access Firm Rain Secures $116 Million

Earned wage access platform Rain has raised $116 million in Series A funding. The round consisted of $66 million in equity and $50...

Earned wage access platform Rain raises $116m

Earned wage access platform Rain has closed a Series A round comprised of $66 million in equity and another $50 million in debt....

Carmoola raises £103.5m funding to help drive growth plans

UK motor finance fintech Carmoola is poised to drive "ambitious growth aspirations" after raising a £8.5 million Series A round and £95 million debt facility. Led...

Podcast 415: Sam Bobley of Ocrolus

Every lender has to process documents from their borrowers during the application process. Often, there is a large number of these documents from a...

Unicorn Startups 2023

ByteDance $140.00 4/7/2017 China Beijing Artificial intelligence Sequoia Capital China, SIG Asia Investments, Sina Weibo, Softbank Group SpaceX $127.00 12/1/2012 United States Hawthorne Other Founders Fund, Draper Fisher Jurvetson, Rothenberg Ventures SHEIN $100.00 7/3/2018 China Shenzhen E-commerce & direct-to-consumer Tiger Global Management, Sequoia Capital...

UK-based Rest Less secures €6.8 million for its platform empowering over 50’s to live their best lives

Rest Less, a startup tapping into the so-called silver economy, has just secured over €6.8 million for its platform dedicated to the over 50’s....

LatAm22: VC ‘dry powder’ can outwait everyone, McLaughlin warns

It was a turbulent capital-raising year. What do experts see in the sale rack, and what are the chances of coming home a happy...

Venture capital giants like Pylon’s embeddable mortgage offering

An $8.5 million seed funding round was led by Conversion Capital, with participation from Fifth Wall, Peter Thiel, QED Investors, Montage Ventures and Village...

The AlleyWatch Startup Daily Funding Report: 10/12/2022

OatFi $8M - Seed OatFi, a working capital infrastructure platform for B2B payment companies, has raised $8M in Seed funding led by QED Investors. Founded by...

FreeWill Raises $30M for its Online Estate Planning Platform That Also Supercharges Philanthropy

The uncertainty of the pandemic led to exploding demand for estate planning and much of this demand was serviced through technology for the first time. This digital transformation allowed individuals to execute and revise wills and estate plans quickly. The newfound attention for this planning also served as a boon for charitable giving. FreeWill is a comprehensive online estate planning platform that gives people the ability to update or write their will in 20 minutes directly from their computers and all for free. The platform provides living wills with beneficiary designation as well as power of attorney, and in California, living trusts are offered as well. How is this free? The company partners with 600+ non-profits and during the process of establishing wills, users are given the option to provide small gifts (bequests, charitable distributions, and stock gifts) to these non-profits. Since launching in 2016, the company has executed over 420K wills and provided commitments exceeding $4.7B to non-profits. AlleyWatch caught up with FreeWill Co-CEO and Founder Jenny Xia Spradling to learn more about the public benefit corporation that sits at the intersection of philanthropy and utility, the company's strategic plans, and latest round of funding from investors that include Bain Capital Double Impact, ICONIQ Growth, QED Investors, Ulu, Highland, Pear, and HearstLab.

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