The Briefing: Revolut Raises $800M, Teikametrics Lands $40M, And More

The financing sets a $33 billion valuation for the 7-year-old company, which will use the money in part to expand its offerings to U.S. customers and to branch out into India and other international markets. Revolut offers a financial app that people can use for money transfer, exchange and other tasks. The company previously raised just over $900 million in known funding, per Crunchbase data. Netradyne closes $150M Series C: San Diego-based Netradyne raised a $150 million Series C led by SoftBank Vision Fund 2, with participation from existing investors Point72 Ventures and M12. Netradyne uses AI and edge computing to provide fleets with enhanced video safety cameras and performance analytics tracking to help reduce risky driving behaviors.