Funding
Factors.ai raises $3.5M in a pre-Series A round led by Stellaris
Factors.ai, a B2B visitor intelligence, account analytics, and revenue attribution platform, has raised $3.6 million in a pre-Series A funding round led by Stellaris Venture Partners.
Existing investors Elevation Capital and Emergent Ventures, along with prominent angel investors, also participated in the round.
“With our industry-leading solutions, we are poised to make a profound impact by facilitating efficient pipeline growth, bridging the gap between sales and marketing, and delivering unparalleled value to our customers. Looking ahead, we plan to achieve profitability and expand our customer base,” Srikrishna Swaminathan, Co-founder and CEO of Factors.ai, said in a statement.
Crypto wallet connector 0xPass raises $1.8M pre-seed round
0xPass, a startup working in the crypto and NFT space, has successfully raised $1.8 million in a pre-seed funding round.
The round saw participation from notable investors, including Alliance, Hashed Emergent, Alchemy Ventures, Soma Capital, Cory Levy/Z Fellows, Balaji Srinivasan, Signum Capital, Nonce Classic, Formulate Ventures, and Blockchain Builders Fund.
0xPass serves as a wallet connector that integrates multiple wallets and wallet types into a unified authentication flow for dApps. By simplifying the integration process, developers can easily authenticate and manage users, and sessions, and even construct user profiles based on verifiable third-party sources.
While currently operating as a wallet connector, 0xPass aims to become a user experience (UX) infrastructure provider.
Other news
PhonePe launches new health insurance plans
PhonePe Insurance Broking Services, a wholly owned subsidiary of PhonePe Pvt Ltd, has launched new health insurance plans, with monthly payment options, in partnership with insurers.
These health insurance plans, which come with coverage up to Rs 1 crore, allow users to choose any hospital room without cap/limit, and come with some bonus features. The company said it offers pre- and post-sales assistance to help users make informed decisions, file claims, and access other services.
PhonePe says it has sold about 5.6 million policies to date and served over 200 million vehicle insurance quotes, it said in a statement.
“One of the biggest barriers in buying health insurance has been affordability and we have solved the same by creating India’s first health insurance marketplace focused on monthly payments. We believe this will drive deep penetration with users being able to pay in monthly subscriptions with a much lower financial burden,” said Hemant Gala, Vice President of Financial Services at PhonePe.
CHARGE+ZONE launches cloud platform to manage EV charging stations
EV charging company CHARGE+ZONE has launched ChargeCloud, a network operating software solution for managing EV charging stations. ChargeCloud aims to optimise revenue, maximise charger utilisation, and provide real-time data insights to charging station operators.
One notable aspect of ChargeCloud is its strong compatibility with a diverse range of electric vehicles (EVs) from different manufacturers. This ensures that drivers can enjoy seamless services at charging stations, regardless of the type or brand of their EV.
The ChargeCloud mobile application further enhances interoperability, enabling charging station owners to attract a wider customer base and cater to the needs of a diverse EV user community.
In addition, ChargeCloud introduces a dedicated team called ChargeMasters. These experts are responsible for ensuring the smooth operation and maintenance of chargers. By having a specialised team in place, charging station operators can rely on professional support to address any technical issues promptly and ensure that the chargers are consistently available and in good working condition.
(The copy will be updated throughout the day with the latest news)
Edited by Affirunisa Kankudti
