July 2025 Top U.S. Funding Rounds Highlight FinTech, InsurTech, and AI Innovation
July 2025 witnessed significant funding activity across various sectors, illustrating robust investor confidence in both established fintech firms and emerging AI-driven startups. Leading the month was Ramp, a financial operations platform, securing $500 million in a Series E round, bringing its total equity funding to $1.8 billion. Ramp’s investors include major financial and venture capital entities such as Citi, General Catalyst, and Sequoia Capital. The platform focuses on saving companies time and money, highlighting the ongoing demand for operational efficiency in financial services.
Bilt Rewards followed with a $250 million venture round, expanding its total capital to $813.3 million. The company facilitates a payments and commerce network that enables users to earn rewards on rent and HOA payments, backed by key investors like General Catalyst and Wells Fargo. This indicates growing interest in fintech solutions that intersect with real estate and loyalty programs.
Yieldstreet, an alternative investment platform, raised $77 million to broaden access to income-generating investment products for retail investors. Founded in 2015, Yieldstreet has attracted investments from Gaingels, Edison Partners, and other prominent firms, reinforcing the shift toward democratizing financial products.
Savvy Wealth, a digitally-enabled wealth management firm, secured $72 million in Series B funding. Its platform supports financial advisors, reflecting continued innovation in technology-driven personal finance management. Investors include Thrive Capital and Industry Ventures, underscoring confidence in fintech wealth solutions.
Radical AI garnered $55 million in seed funding to advance AI applications in materials science and manufacturing. As a 2024 startup, its rapid funding progression signifies increasing investor appetite for AI integration in manufacturing processes.
Insurtech firms also featured prominently. Cover Whale, offering commercial auto insurance products, raised $40 million in Series B, with backing from Morgan Stanley Expansion Capital. Similarly, INSHUR, specializing in digital commercial auto insurance for gig economy drivers, raised $35 million in venture funding. These rounds underscore a sustained focus on innovating insurance products tailored to evolving mobility and gig economy needs.
In construction tech, Trunk Tools attracted $40 million to enhance project data management through AI, supported by Insight Partners and Liberty Mutual Strategic Ventures. This highlights ongoing digital transformation efforts in traditionally manual industries.
Financial tech companies such as april, focusing on embedded tax planning tools, raised $38 million, evidencing investor interest in integrating smarter tax solutions into financial platforms.
Moment, providing automated trading and portfolio management for fixed-income teams, raised $36 million to replace manual bond trading systems with a unified platform, backed by Andreessen Horowitz and Lightspeed Venture Partners.
Network management startup NetBox Labs secured $35 million in Series B funding to support its open-source infrastructure services, attracting investments from industry leaders including IBM and Salesforce Ventures.
Collectively, these funding rounds reflect a diverse investor focus on fintech, insurtech, AI-driven enterprise solutions, and innovative platforms that streamline financial and operational workflows. The capital inflows demonstrate confidence in both mature business models and novel technologies shaping the U.S. insurance, financial, and tech markets.