Fundbox Closes $100M Series D Fueled by Record Growth

Fundbox , the AI-powered financial platform for small businesses, announced it has closed a $100M Series D funding round at a valuation of $1.1 billion. This latest round was led by Healthcare of Ontario Pension Plan (HOOPP), joined by existing investors Allianz X, Khosla Ventures, and The Private Shares Fund, and brought in new investors including Arbor Waypoint Select Fund and a suite of BNY Mellon funds managed by Newton Investment Management North America.”