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RegTech companies raised $13.5bn across 320 deals in the first nine months of the year driven by large transactions over $100m
Identity infrastructure company Persona is the latest RegTech company to join the coveted unicorn status, after its Series C puts its valuation at $1.5bn.
San Francisco-based identity infrastructure company Persona nabbed $50m in a Series B funding round led by Index Ventures with participation from existing investor Coatue.
Having secured $17.5m in additional funds from investors like Coatue Management and First Round Capital, Persona is now looking to develop its solutions and grow its team.