Key Takeaways
- • Blue J, a Toronto-based tax research and advisory platform, raised US$176 million in Series E funding at a valuation of more than $700 million, led by JMI Equity with participation from Oak HC/FT, Sapphire Ventures, and Intrepid Growth Partners.
- • Imprint, a co-branded credit card startup, raised $130 million in Series D funding at a $1.9 billion valuation, led by Khosla Ventures with participation from Hedosophia, Ribbit Capital, Spice, Thrive Capital, and Positive Sum.
- • Both rounds are late-stage venture financings that point to continued investor appetite for fintech and tax-technology platforms at scale.
Summary
Venture capital activity featured two late-stage fintech financings, according to the Axios roundup. Blue J, a Toronto-based tax research and advisory platform, raised US$176 million in Series E funding at a valuation of more than $700 million. JMI Equity led the round, joined by Oak HC/FT, Sapphire Ventures, and Intrepid Growth Partners.
Imprint, a co-branded credit card startup, raised $130 million in Series D funding at a $1.9 billion valuation. Khosla Ventures led the round, with participation from Hedosophia, Ribbit Capital, Spice, Thrive Capital, and Positive Sum.
The source article's headline also references Nova's $24 million raise, Metro Bank's sales process, and Altimeter's new fund. The primary source available for this report covers only the two venture rounds above, so those other items are not detailed here. Taken together, the two deals show large-ticket growth-stage capital continuing to flow into fintech companies with established valuations.
Imprint, a co-branded credit card startup, raised $130 million in Series D funding at a $1.9 billion valuation. Khosla Ventures led the round, with participation from Hedosophia, Ribbit Capital, Spice, Thrive Capital, and Positive Sum.
The source article's headline also references Nova's $24 million raise, Metro Bank's sales process, and Altimeter's new fund. The primary source available for this report covers only the two venture rounds above, so those other items are not detailed here. Taken together, the two deals show large-ticket growth-stage capital continuing to flow into fintech companies with established valuations.
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