Stanford-backed micro public finance platform Neighborly has paused the payroll in a concerted attempt to restructure the business and avert insolvency.
The Stanford-backed consumer credit management platform has now raised $110m altogether, and the latest round will fund hiring and technology development.
UChicago Startup Investment Program is among a group of backers that provided $47m to support the launch of a Florida-focused home insurance carrier, the first of Kin's subsidiaries to underwrite its own policies.
GV was among the investors for Stanford-backed online life insurance provider Ethos's latest round, which brought the its total funding to more than $106m.
Every day, Global University Venturing rounds up the smaller investments from across the university innovation ecosystem in its deal net.
While slightly less than the 16 generated by UC Davis past year, the university remains pleased with the performance of internal tech transfer operations.
The anti-fraud technology provider, co-founded by CAE faculty, has received $50.7m in a round led by VMS Investment Group that was also backed by existing investor Legend Capital.
Cambridge Innovation Capital and Parkwalk Advisors have both returned to back a $32.6m series B round for Cytora, an insurance technology spinout of Cambridge.