In a venture capital slowdown, any investment round is a win.
This week’s look at the latest funding for B2B FinTech and other startups showcases an investor appetite for security, data and business intelligence, with nearly $63.5 million in fresh investment for the industry. PYMNTS rounds up the latest deals below.
Focused on mitigating third-party risk for B2B buyers and suppliers, Utah-based Whistic recently announced a $12 million Series A investment round, FinNSMEs reported. The company offers businesses a platform to manage their third-party partners, connecting users to its Trust Catalog of corporate profiles. Investors at Emergence led the funding, while Album VC and existing backers also participated. Whistic said it would use the investment to grow its staff and scale operations.
Germany’s CANDIS, a small- to medium-sized business (SMB) accounting automation platform, recently announced via press release a $14.2 million