Several tech startups — Protect AI, WorkJam, Savvy Wealth, among others, have announced their venture capital funding to bolster innovation and business growth.
Protect AI raises $60 mn
Protect AI, an AI and machine learning security company, has raised $60 million funding.
Funding was led by Evolution Equity Partners with participation from 01 Advisors, StepStone Group, Samsung, and existing investors Acrew Capital, boldstart ventures, Knollwood Capital, Pelion Ventures, and Salesforce Ventures.
Protect AI will use the funding to drive the next phase of innovation and capabilities for its customers.
WorkJam raises $20 mn
WorkJam, a leading digital frontline workplace, has received a $20 million investment from Export Development Canada (EDC) to expand its international operations. WorkJam will use the new funding to fuel its international marketing efforts in Europe and Asia.
Savvy Wealth raises $26.5 mn
Savvy Wealth, a digital-first platform for financial advisors, has raised an additional $15.5 million funding round led by Canvas Ventures. With this, Savvy Wealth has raised $26.5 million in its Series A round to accelerate the development of its artificial intelligence powered technology platform.
Savvy Wealth will expand its product and engineering teams, and recruit entrepreneurial advisors to its national affiliate registered investment advisor and Savvy Advisors.
