GV operates as a venture capital investment firm backing early and growth stage technology enterprises.
GV led the seed financing round to support team expansion and technology development.
"Access to the law should be a basic right, available to everyone. Unfortunately this isn’t the case. Our vision is to combine AI and best-in-class lawyers to reduce the time and cost of providing high-quality legal support, increasing access for millions of people who need it."
Alphabet's CapitalG led the $430m round, pushing the digital bank's valuation to $5bn.
"We’ve built incredible momentum in the business over the past few years which has led to us reaching more than 9 million customers, turning profitable and launching even more ground-breaking products. With backing from global investors, we have the rocket fuel to go after our ambitions harder and faster, building Monzo into the one app that sits at the centre of our customers’ financial lives. Each milestone we’ve reached to this point has given us more strength and speed to make strides towards our mission – now we’ll scale to even greater heights and seize the huge opportunity ahead."
The financing round was co-led by Greylock and DST Global Partners with participation from existing backers and angel investors.
"Lapse doesn't let you upload or edit in ways that other platforms encourage, Everyone on Lapse plays by the same rules, which creates a space where it's OK to share all moments, not just the glamorous."
The funding round was led by Highland Europe and will support the release of the Phone 2.
"It's clear that there's real demand for an innovative challenger in the consumer tech industry, and with this new round of financing, we've never been better positioned to realise our vision to make tech fun again."
The financing values the enterprise video platform at $1bn with backing from Accel and NVIDIA's NVentures.
"We’ve made great strides towards our vision to make video easy for everyone, but there’s still a long way to go. I’m proud of our team for building Synthesia into a sustainable company that today delivers real business utility, not just novelty, for our thousands of customers,"
