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Leading Business Identity Platform Middesk Raises $57M Series B Co-Led By Insight Partners And Canapi Ventures

PRIVATEJun 09, 2022

Amount Raised

$57 Million

Round Type

Series B

San FranciscoOtherInformation TechnologyData And AnalyticsPrivacy And Security

Description

Middesk, the leading identity platform automating business verification and underwriting decisions, announced today that it has raised $57 million in a Series B round. The round was co-led by New York-based private equity and venture capital firm Insight Partners and Canapi Ventures, with additional investments from existing investors Sequoia and Accel, as well as Gaingels. Middesk will use the capital to invest in new and existing products, scale the team, and educate the market about business identity.

Who else raised in Data And Analytics and Privacy And Security around the same time

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

  • Spice AI, Inc. raised $15M on July 15, 2022.
  • ID Card Network raised an undisclosed amount (Funding Round) on July 15, 2022.
  • Neuron7.ai raised $10M (Funding Round) on June 23, 2022.
  • Veza raised an undisclosed amount (Series C) on June 22, 2022.
  • Neuron7.ai raised $10M (Funding Round) on June 21, 2022.
  • Accelario raised $10M (Funding Round) on June 21, 2022.

Who to call at Middesk, and when

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

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  • Who you already know at Middesk, from your own LinkedIn network

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Company Information

Company

Middesk

Location

San Francisco, California, United States

About

Middesk provides infrastructure for businesses to establish trusted relationships

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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

Middesk 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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