Breaking News
Procure IT Raises $4.8 Million in Initial Funding for Game-changing IT Procurement Platform
Procure IT, a game-changing data-driven IT procurement and management company, announced today that it raised $3.5 million in a new round of funding, bringing the total initial funding to $4.8 million. The company promises to combine people, processes and software to create an industry-first platform for IT procurement, spend, performance and risk management.
The latest funding round includes investments from two proven digital marketing and technology leaders Paul Filsinger and Giancarlo Maniaci, who also will serve as advisors to Procure IT’s leadership team.
“We’re thrilled to welcome Paul Filsinger and Giancarlo Maniaci as Procure IT investors and advisors,” said Randy Jeter, Procure IT Managing Partner and former CEO of RapidScale. “Both leaders are highly experienced at building and growing forward-looking technology-powered companies by leveraging innovative product strategy and the latest advances in data-driven digital marketing. Their investments validate our vision to transform how IT is sourced and managed; their active guidance will help us achieve it.”
Procure IT’s managing partners, along with current and future investors, plan to raise additional capital before seeking private equity funding in 12-24 months, Jeter added.
- MPE 2026: SoundCloud on the Payments Paradigm Shift Driven by LLMs and AI Read more
- FCA Announces Second Cohort for AI Live Testing Read more
- InsurTech NY: QuickFacts on Underwriting Data Read more
- InsurTech NY: Solvrays on Fixing Back Office Read more
- InsurTech NY: Wisedocs on Claims Continuity Read more
IMAN Holding Announces $100 Million Fundraise to Expand AI-Driven Islamic Banking Platform
IMAN Holdings has announced an ongoing capital raise of $100 million to support the development and global expansion of its AI-driven Islamic banking platform
Slash Achieves Unicorn Status Following $100m Series C Fundraise
Slash Financial, Inc. is now valued at $1.4 billion following a $100m Series C funding round elevating Slash to unicorn status
spektr Raises $20M Series A to Eliminate Manual Compliance Work Across Financial Services
spektr has raised $20 million in Series A funding to expand spektr’s AI compliance platform and accelerate adoption across financial institutions
SolvaPay Raises €2.4M and Launches the World’s First Payment Layer Built for the Agentic Economy
SolvaPay, an AI payments platform based in Stockholm, today announces €2.4 million ($2.8M) in pre-seed funding to build out its new payment infrastructure platform, built to power the emerging era of agentic commerce.
Wamo Closes €10m Series A to Power European SMEs
Wamo has raised €10 million in Series A funding to accelerate expansion in Italy and the Nordics
Round Raises $6m to Build AI That Actually Runs Finance Operations
Round, the AI-powered finance automation platform used by some of Europe’s fastest-growing companies and unicorns, has raised $6 million in Seed funding
Pipe Raises $16 Million in New Funding Round Led by Fin Capital and MaC Venture Capital
Pipe, a fintech that provides customer-friendly embedded financial solutions for small businesses, announced a $16 million funding round
MPE 2026: SoundCloud on the Payments Paradigm Shift Driven by LLMs and AI
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
FCA Announces Second Cohort for AI Live Testing
At UK FinTech Week the FCA has confirmed the second group of firms selected to join AI Live Testing
InsurTech NY: QuickFacts on Underwriting Data
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
InsurTech NY: Solvrays on Fixing Back Office
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
InsurTech NY: Wisedocs on Claims Continuity
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Fintech Meetup 2026: What Are Some of the Key Themes/Buzzwords You’re Hearing at the Event?
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Lloyds Expands Responsible AI Expertise as It Advances Its AI Journey
Lloyds Banking Group is strengthening its Responsible AI capability as it progresses into the next phase of its AI strategy