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Hebbia raises nearly $100M Series B for AI-powered document search led by Andreessen Horowitz

Hebbia raises nearly $100M Series B for AI-powered document search led by Andreessen Horowitz

Hebbia, a startup using generative AI to search large documents and return answers, has raised a nearly $100 million Series B led by Andreessen Horowitz, according to three people with knowledge of the matter.  The round valued the company between $700 – $800 million, although TechCrunch couldn’t verify whether that valuation is pre- or post-money.…

Connect Money scores $8M to enable non-bank businesses to offer embedded finance services

Connect Money scores $8M to enable non-bank businesses to offer embedded finance services

Banking-as-a-service (BaaS) platforms have become instrumental in driving access to digital financial services by introducing fintech capabilities to non-bank businesses. Multiple businesses are tapping these platforms to circumvent the need to build their own tech infrastructure and the bureaucratic processes of acquiring the requisite regulatory approvals to offer financial services including card payments and lending…