Corporate Round Funded Financial Services Startups
Disclosed corporate rounds in this financial-services set show a wide spread, anchored by Lulo Bank’s $200M round on 2022-10-10.
Disclosed corporate rounds in this financial-services set show a wide spread, anchored by Lulo Bank’s $200M round on 2022-10-10. That figure sits far above the next-largest disclosed rounds in the table (Vodeno at $57M on 2022-10-20 and Thought Machine at $54M on 2022-02-14), while many other disclosed deals cluster much closer to the $100K–$15M range (e.g., several $100K rounds during 2022).
The most recent window also clusters temporally: multiple closings occur in October 2022 (including Caplight $3M on 2022-10-25, Celsius Network $39M on 2022-10-24, Vodeno $57M on 2022-10-20, and Lulo Bank $200M on 2022-10-10). Geographic concentration is comparatively broad rather than city-specific, but London appears repeatedly across different months (Celsius Network 2022-10-24, Fnality International 2022-09-26, Thought Machine 2022-02-14, and several $100K rounds in 2022). Rounds shown span from 2021-07-06 (Butn) through 2022-10-25 (Caplight), with 38 rows total; disclosed amounts are missing often via “undisclosed” classifications (10 rows) in this slice.
Most recent rounds
38 shownRelated listings
Frequently asked
What’s the largest disclosed corporate-round amount here, and how far above the rest is it?
Lulo Bank’s $200M corporate round on 2022-10-10 is the largest disclosed amount in the table. The next-largest disclosed rounds are Vodeno at $57M (2022-10-20) and Thought Machine at $54M (2022-02-14), so the top round clearly dwarfs the rest of the disclosed amounts.
Do deals cluster in time, especially around the latest months in the table?
Yes. October 2022 alone contains several large datapoints and multiple closings: Caplight ($3M, 2022-10-25), Celsius Network ($39M, 2022-10-24), Vodeno ($57M, 2022-10-20), and Lulo Bank ($200M, 2022-10-10). The table’s latest date is 2022-10-25 (Caplight) and the oldest is 2021-07-06 (Butn).
Are London-based companies over-represented relative to a single-city concentration?
London shows up repeatedly across different months: Celsius Network (London, 2022-10-24), Fnality International (London, 2022-09-26, undisclosed), Thought Machine (London, $54M on 2022-02-14), and multiple $100K corporate rounds in 2022 (Twig 2022-03-01, Advanced Logic Analytics 2022-02-16). It looks like recurring presence rather than a unique city tie to one deal size.
What do the disclosed amount extremes suggest—any low-end outliers?
The smallest disclosed amount in the table is $100K, appearing across multiple companies (e.g., Sherpa on 2022-03-24, Atlas Healthcare Partners is undisclosed on 2022-05-03, but the $100K pattern is repeated by AirCarbon Exchange 2022-03-23 and several London entries in early 2022). Versus that $100K floor, the top disclosed rounds ($200M Lulo Bank and $57M Vodeno) create a long tail of much smaller financings.
How common are undisclosed amounts, and does that affect comparisons?
Undisclosed appears in 10 of the 38 rows, including Sightline Payments (2022-10-20), Fnality International (2022-09-26), and Growney (2021-11-10). That means any “largest” comparisons rely only on disclosed figures, which is why the $200M Lulo Bank round on 2022-10-10 stands out clearly within the disclosed subset.
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