Auradine's $153M Boost, Medius' New CTO, and Pipe's AI-Powered Acquisition - Finance AI Weekly #11
April 21, 2025 -
Finance AI Weekly
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Welcome to this week's edition of Finance AI Weekly.
Auradine has secured $153 million in Series C financing to enhance its blockchain and AI infrastructure. The funding will support the expansion of its product offerings and the formation of a new business group, AuraLinks AI. Meanwhile, Medius has appointed John Seery as Chief Technology Officer to enhance AI-driven innovation. Seery will focus on improving the technology stack and implementing AI and machine learning in Medius' products.
In other news, Montreal-based startup Deck has raised $12 million in Series A funding led by Infinity Ventures to enhance AI-driven user-permissioned data access. Additionally, Pipe has acquired Glean.ai to enhance its financial services for small businesses, integrating capital access and spend management with AI for cost-saving insights.
Welcome to this week's edition of Finance AI Weekly.
Auradine has secured $153 million in Series C financing to enhance its blockchain and AI infrastructure. The funding will support the expansion of its product offerings and the formation of a new business group, AuraLinks AI. Meanwhile, Medius has appointed John Seery as Chief Technology Officer to enhance AI-driven innovation. Seery will focus on improving the technology stack and implementing AI and machine learning in Medius' products.
In other news, Montreal-based startup Deck has raised $12 million in Series A funding led by Infinity Ventures to enhance AI-driven user-permissioned data access. Additionally, Pipe has acquired Glean.ai to enhance its financial services for small businesses, integrating capital access and spend management with AI for cost-saving insights.
Auradine Raises $153 Million in Series C Funding
Auradine has secured $153 million in Series C financing to enhance its blockchain and AI infrastructure. The funding will support the expansion of its product offerings and the establishment of a new business group, AuraLinks AI. Read more
Medius Appoints John Seery as CTO
Medius has appointed John Seery as Chief Technology Officer, focusing on enhancing AI and machine learning in its products. Read more
Deck Secures $12M to Enhance AI Data Access
Montreal-based startup Deck has raised $12 million in Series A funding led by Infinity Ventures to develop AI-driven infrastructure for user-permissioned data access. Read more
Blue Onion Secures $10 Million Series A Funding
Blue Onion has raised $10 million in Series A funding to enhance its financial data infrastructure for CFOs, with plans to launch AI-driven features and expand integrations. Read more
Blend Forms Financial Services Advisory Board
Blend has announced the formation of a Financial Services Advisory Board to promote AI adoption in the industry. The board aims to modernize infrastructure and improve customer experiences and risk management. Read more
FiscalNote Appoints New VP of Engineering and Strategic Advisor
FiscalNote has appointed Greg Alexander as Vice President of Engineering and Gerry Campbell as Strategic Advisor to enhance its AI-driven policy management solutions. Read more
Personetics Appoints New Chief Revenue Officer
Personetics has appointed Puneet Malhotra as Chief Revenue Officer, where he will oversee global sales operations. His experience is anticipated to support the company's growth in Cognitive Banking. Read more
Pipe Acquires Glean.ai to Boost Finance Tools
Pipe has acquired Glean.ai to enhance its financial services for small businesses, integrating capital access and spend management capabilities. Read more
TruthSayer AI Launches AI Hedge Fund App for Retail Investors
TruthSayer AI has launched an AI-powered app offering hedge fund-level insights and strategies to retail investors, utilizing machine learning for investment signals and risk management. Read more
Pinpoint Predictive Receives Fairness Certification
Pinpoint Predictive has been awarded an independent fairness certification by ZwillGen, highlighting its commitment to ethical AI in the insurance sector. Read more
1Fort Secures $7.5M for AI-Driven Insurance Automation
1Fort has raised $7.5 million to advance its AI platform for automating business insurance processes, aiming to improve broker workflows and expand partnerships with carriers. Read more
BridgeWise Opens Dubai Headquarters
BridgeWise has established a new regional headquarters in Dubai, enhancing its operations in the Gulf region. The company has received an operational license from the Dubai International Financial Centre but cannot offer buy or sell recommendations in the UAE. Read more
Tredence Acquires Further Advisory
Tredence has acquired Further Advisory, a management consulting firm, to enhance its financial services and insurance consulting capabilities by integrating advanced analytics and AI with industry expertise. Read more
Snap.Build CEO Matt Merritt Joins emerie.ai as CEO
Matt Merritt, previously CEO of Snap.Build, has taken on the role of CEO at emerie.ai to advance AI solutions in the fintech sector. Read more
Liberate Appoints Stuart Ganis as Senior VP
Liberate has appointed Stuart Ganis as the senior vice president of sales and business development. Ganis will focus on enhancing AI adoption for US insurance agencies and brokers. Read more
Friday Harbor Secures $6 Million for AI Lending Platform
On April 15, 2025, Friday Harbor announced a $6 million seed funding round to enhance its AI-powered platform for community lenders, aiming to improve loan processing efficiency. Read more
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