Portfolio
4
companies
Banked
Building a next-generation global payment network for consumers and merchants.
Kota
Kota provides a unified platform to simplify the administration of international employee benefits.
Sequence
A financial operations platform for business to business companies.
Sylvera
Sylvera builds software to independently evaluate and rate carbon offset projects.
The Dublin-based HR tech startup secured the capital from Eurazeo alongside existing backers to grow its team and carrier network.
"As a founder and GM, I experienced how managing benefits through email, between brokers and insurance companies, was completely disconnected and alien from everything else in the business."
The London carbon data provider secured capital from a mix of new and existing investors to grow its New York presence.
"There is a serious lack of data to demonstrate progress against net zero targets and to prove that carbon emissions are actually being reduced or removed from the atmosphere. This uncertainty has created inaction–Sylvera is changing that,"
Andreessen Horowitz led the funding round, which included backing from a range of prominent institutional investors and unicorn founders.
"We’ve seen an acute pain point and therefore compelling opportunity around automating and managing payments and finance workflows"
The investment round was led by Bank of America and Edenred Capital Partners to support expansion into the United States.
"Banked has built a product that can operate inside tier 1 banks, payment providers, gateways and technology platforms to allow them to offer Pay by Bank to their merchants. We have had a maniacal focus on infrastructure, security, and end consumer experience. Our clients only need to focus on integration. We really want to work inside the existing ecosystem and are building out very strong partnerships to deliver Pay by Bank globally. 2022 will see some really big brands go live with Pay by Bank, driving at the heart of delivering innovation at point of purchase to both the merchant and consumer"
