Insurance tech company Shift Technology raises $28 million

French insurance tech SaaS firm Shift Technology has raised $28 million in a Series B round led by Accel and General Catalyst with participation from Elaia Partners and Iris Capital. Shift develops software that automates fraud detection processes using artificial intelligence and recently launched a version of the software for the healthcare sector. According to […]

Communications platform MessageBird raises first funding round of $60 million

Cloud communications platform MessageBird has raised $60 million in a Series A round led by Accel with participation from Atomico and Y Combinator. The Amsterdam-based MessageBird, a rival of Twilio, provides a platform for companies to send and receive voice and text messages through its APIs. The company recently launched its new Voice API product. […]

GoCardless raises further $22.5 million from Accel and more

London fintech firm GoCardless has raised $22.5 million led by Accel with participation from existing investors Balderton Capital, Notion, and Passion. GoCardless is an international payments solution for businesses to accept recurring payments globally and in any currency. The injection of new cash will be used to enable more markets to make and accept payments […]

ForgeRock raises $88 million in Series D round for further growth

Digital identity management firm ForgeRock has raised $88 million in a Series D round led by Accel with participation from KKR. First founded in Norway and now based in San Francisco, ForgeRock will invest the new funds in further development of the ForgeRock Identity Platform and plans to grow from 400 employees to 500 by […]

Callsign raises $35 million to make online authentication better

Callsign, a London-based authentication company, has announced a $35 million Series A round led by Accel and PTB Ventures with participation from Allegis Capital and former McAfee CEO David DeWalt. The company, founded in 2012, has built an AI-based authentication platform, Intelligence Driven Authentication (IDA), to protect against the use of stolen credentials in hacks […]

French payroll tech startup PayFit raises €14 million in Series B round

HR and fintech startup PayFit has raised €14 million. The Series B round was led by Accel with participation from previous investors Xavier Niel and Otium Venture. The French startup develops HR, payroll, and expense management tools for SMBs on a SaaS model. The new funds will be invested in further developing its services with […]

KRY raises €20 million for its online doctor consultation platform

Digital health startup KRY has raised €20 million in its Series A round led by Accel. Previous investors Index Ventures, Creandum, and Project A also participated. The Swedish company provides video-based doctor consultations for patients via an app. It will invest the money into reaching new markets; it’s currently available in Sweden, Norway, and Spain. […]