Varo Money raised $241M. The mobile banking platform is awaiting approval from the Federal Deposit Insurance Corporation for a national bank charter. Upon approval, the company plans to begin offering credit cards and loans. The round was co-led by Gallatin Point Capital and The Rise Fund. Varo has raised a total of $419.4 million in venture capital to date. [Built In SF]
SentinelOne got $200M. The Mountain View company uses a machine learning-based solution for endpoint security on laptops, phones and other electronic devices that connect to a network. The latest round brings its total valuation to just over $1 billion. The latest round was being led by Insight Partners and Tiger Global Management with additional participation from Qualcomm Ventures, Vista Public Strategies of Vista Equity Partners and Third Point Ventures, among others. [BusinessWire]
RiskIQ received $15M. The cybersecurity startup closed on a Series D round led by National Grid Partners. The company’s software routinely scans for and maintains a database of cybersecurity threats that companies can use to identify where they are most vulnerable. RiskIQ has raised a total of $80 million to date and counts global brands like Amazon, Disney, Facebook and Toyota among its customers. [Built In SF]
Betterview gains $7.5M. The software platform helps P&C insurance carriers to identify and manage property risk throughout the policy lifecycle. The latest round brings the company’s total capital to $17 million. The round was led by ManchesterStory with participation from Guidewire Software, Nationwide and EMC Insurance Companies, among others. [FinSMEs]
Anvil raised $5M. The paperwork automation platform allows customers to digitize PDFs in an effort to transform how businesses collaborate. The platform allows users to share, create, sign and download documents digitally. The round was led by Gradient Ventures. [TechCrunch]
Searchable.ai grabs $4M. The company plans on using its seed capital to continue trying to solve enterprise search issues with an AI-driven search solution. It is currently testing a desktop application that helps individual users quickly find the work-related content that they’re looking for. [TechCrunch]
