Passthrough raises $10M to simplify the process of investor onboarding

Tim Flannery, Alex Laplante and Ben Doran were working together at Carta’s investor services team when they realized that onboarding funds to invest in startups was a taxing (no pun intended) process. It required manually creating subscription agreements — agreements that investors fill out to invest in a fund — by piecing together unstructured data … Read more

Enterprise blockchain adoption may grow as hybrid use cases evolve

While crypto markets remain volatile, enterprise blockchain adoption is continuing to grow as businesses find new use cases for the technology, according to Daniela Barbosa, general manager of blockchain and identity and Hyperledger executive director at The Linux Foundation. One of the biggest demands over the past two years has been “hybrid use cases,” Barbosa … Read more

Proving that banking as a service is hotter than ever, Treasury Prime raises $40M Series C

Treasury Prime co-founder and CEO Chris Dean believes that the best outcomes for consumers will result from traditional banks and fintechs working together. The banking-as-a-service startup has worked to build relationships with both banks and fintechs. And Dean believes Treasury Prime’s ability “to keep both sides happy” has contributed to its ability to grow its … Read more

What ‘feminist Tinder’ promised

Image: The Verge An early slogan from Bumble encouraged users to “be the CEO your parents always wanted you to marry.” Since its founding in 2014, the company has billed its app as the more empowering dating service for women — one where women message matches first, and women are in control. It’s earned Bumble … Read more

Risilience, a climate analytics and risk assessment platform for enterprises, raises $26M

Risilience, a SaaS-based analytics platform that helps companies assess their climate risk and plan their transition toward net-zero carbon emissions, has raised $26 million in a Series B round of funding. The raise comes as ESG (environmental, social, and [corporate] governance) startups across the spectrum have continued to raise cash throughout the downturn, with climate-focused companies … Read more