AI fintech Earnix becomes Israel’s newest unicorn with a pre-IPO round

AI fintech Earnix becomes Israel’s newest unicorn with a pre-IPO round

Fintech allows banks and insurance firms to model prices and products on artificial intelligence (AI) data. The Givatayim-based firm has raised $75 million, which pushed its pre-money valuation over the $1 billion marks. Led by New York-based Insight Partners, the round also saw participation from existing backers Jerusalem Venture Partners (JVP), Vintage Investment Partners, and Israel Growth Partners.

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