Fundz

Finexio Raises $14 Million In Initial Close Of Series B, Company Valued At $100 Million

PRIVATEJul 25, 2022

Amount Raised

$14 Million

Round Type

Series B

OtherFinancial ServicesMedia And EntertainmentInternet ServicesPrivacy And Security

Description

Finexio, the fast-growing B2B accounts payables (AP) Payments-as-a-Service company, today announces the first close of its $30 million funding round at a $100 million pre-money valuation co-led by Mendon Venture Partners and National Bank Holdings Corporation (NYSE: NBHC). Discover Financial Services (NYSE: DFS), Post Road Partners, The Banc Funds, EOM Investments, and other new and existing investors also participated in this growth round.

Quick answer

Locket raised $14 Million in a Series B round, dated July 25, 2022.

How much did Locket raise?
Locket raised $14 Million in a Series B round on July 25, 2022.
What does Locket do?
Locket, the prevention-first insurance provider has opened its crowdfund to the public this week, and already secured £1m against a target of £750k.

Source: Fundz verified event record.

Who else raised in Financial Services and Media And Entertainment around the same time

Companies in the same sectors as Locket that raised within 45 days of this round, from Fundz verified event records.

  • Qventus raised an undisclosed amount (Funding Round) on August 9, 2022.
  • Movius raised $8.4M on August 3, 2022.
  • 22nd Century raised $35M on July 21, 2022.
  • Arrenda raised an undisclosed amount (Funding Round) on July 20, 2022.
  • Dot Compliance raised $23M (Series B) on July 20, 2022.
  • SkyPoint Federal Credit Union (SkyPoint) raised $7M (Grant) on July 14, 2022.

Who to call at Locket, and when

A new round usually means Locket is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Locket raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Locket, from your own LinkedIn network

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Company Information

Company

Locket

About

Locket, the prevention-first insurance provider has opened its crowdfund to the public this week, and already secured £1m against a target of £750k. Locket is protection-first insurance that rewards you with a discount if you use smart tech to make your home more secure.

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Fundz sees it the moment Locket raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Locket raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.