Tag: Stripe, Inc.

FundingStartupsVenture

BoxGroup Secures $550 Million for Dual Venture Funds, Marking 16 Years of Collaborative Investing Strategy

Venture firm BoxGroup has reportedly closed $550 million across two new funds as it celebrates 16 years in operation. The firm’s distinctive approach focuses on collaborative early-stage investments rather than competing for board control, building a portfolio that includes Stripe, Plaid, and Airtable.

Veteran Venture Firm Expands Investment Capacity

BoxGroup, the venture capital firm founded by David Tisch, has reportedly raised $550 million across two new funds according to recent reports. This significant capital infusion comes as the firm marks its 16th year of operation, positioning it among the elite group of venture firms that have maintained consistent performance over extended timeframes.

by Gabriel Novak
Arts and EntertainmentStartups

** AI Insurance Startup Raises $13.3M to Transform Claims Processing Industry

** A startup called ClaimSorted has raised $13.3 million in seed funding to revolutionize one of the world’s slowest industries—insurance claims processing. The AI-powered platform already serves tens of thousands of policyholders across the U.S., U.K., and EU. Investors including Atomico and Y Combinator are backing the solution born from founder frustration with traditional systems. **CONTENT:**

Artificial intelligence is poised to transform one of the world’s most notoriously slow industries as insurance technology startup ClaimSorted announces a $13.3 million seed round to revolutionize claims processing. The funding, led by Atomico with participation from Eurazeo, Y Combinator, Firstminute Capital, and Start Ventures, signals strong investor confidence in AI’s potential to streamline the traditionally cumbersome insurance claims landscape. According to industry experts note, this substantial investment reflects growing recognition that insurance technology represents one of the most promising sectors for disruption.

by Gabriel Novak