Week In Review - Startup World #51 - 25.04.2021

EuropeClouds Team
News
April 25, 2021

Walkme acquires an Israeli startup

Zest, which was founded in 2017, provides companies with an efficient way of retrieving any document or file from the cloud. The Israeli startup was recently acquired by Walkme – and the deal's details were not disclosed. Idan Yalovich, Co-Founder and CEO, will be joining Walkme and will lead the development of the company's workstation. Yalovich has said: “Integrating Zest into the WalkMe tech stack will ensure that users are able to leverage intelligent enterprise search functionality to predict the most applicable items they need to successfully complete their objectives. WalkMe and Zest will unite in a powerful combination of intelligent automation technology to continue to drive ROI for WalkMe users across every department.”

The Fintech startup which raised $60M

FintechOS – a tech providing startup for banks, insurance companies and Fintech companies, has raised $60M in a series D round, which was led by investors such as Draper Esprit, Gapminder Ventures, OTB Ventures and more. The capital will be invested mainly in expanding the activity of the company in Britain and Europe, and some of it will be used for tech development.

The Canadian startup which is valued at nearly $2B

Clearbanc provides upfront cash to e-commerce companies, for them to expand their businesses. The company has raised $100M in a series C round, which has led the company's value to almost $2B. In 2019 only, when Clearbanc was raising its series B round, its valuation was 5 times lower. Now, it rebrands itself, and announces that its vision is to provide founders with data-driven solutions. As part of the move, it changed its name to Clearco.

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