Innovation

Clasp: $20 Million Raised To Scale Clinician Retention Platform

By Amit Chowdhry ● Mar 28, 2026

Clasp, a healthcare workforce infrastructure company, announced a $20 million Series B funding round to expand its clinician retention platform and scale its ROTC-style hiring model across the U.S. healthcare system. The round was led by Crosslink Capital and Digitalis Ventures, with participation from Juvo, Strada Education, prior investors, and several operators.

VITL: $7.5 Million Secured To Build Operating System For Cash-Pay Healthcare

By Amit Chowdhry ● Mar 28, 2026

VITL, a Nashville-based healthtech company focused on infrastructure for cash-pay healthcare, announced it has raised $7.5 million in a Series A funding round led by SignalFire. The company plans to use the capital to expand its pharmacy network, accelerate product development, and grow its team as it targets inefficiencies in a rapidly growing segment of the healthcare market.

Origin: $30 Million Series A+ Raised For AI-Powered Benefits Intelligence Platform

By Amit Chowdhry ● Mar 28, 2026

Origin, an AI-powered enterprise benefits platform, announced it has raised $30 million in a Series A+ funding round, bringing its total funding to over $50 million within the past year as it targets inefficiencies in global employee benefits spending. The round was led by Notion Capital, with participation from Felix Capital, Acadian Ventures, and existing investors, and was completed at a higher valuation than the company’s earlier Series A. Origin also secured additional growth capital from HSBC Innovation Banking UK.

Draco Evolution: $8 Million Raised To Launch AI Investing App Dravo After ETF Beats S&P 500 In 2025

By Amit Chowdhry ● Mar 28, 2026

Draco Evolution, the investment firm behind the NYSE-listed Draco AI ETF (NYSE: DRAI), has launched its AI-powered retail investing app, Dravo, following strong ETF performance that significantly outpaced the broader market. The app is currently in beta with expanded testing underway ahead of a broader public release.

Invenio Partners: €75 Million Fund III Targets Southeast European Growth Companies

By Amit Chowdhry ● Mar 28, 2026

Invenio Partners has announced the first close of its third flagship private equity fund, targeting €75 million to back high-growth small and medium-sized enterprises across Southeast Europe.

Climate Investment: $450 Million Raised For Decarbonization Growth Fund

By Amit Chowdhry ● Mar 28, 2026

Climate Investment has closed a $450 million Decarbonization Acceleration Fund, marking the firm’s second fund and its first dedicated growth equity vehicle to scale climate technologies beyond the venture stage.

Forward Consumer Partners: $500 Million Closed For Second Fund

By Amit Chowdhry ● Mar 28, 2026

Forward Consumer Partners has announced the final close of its second fund at a $500 million hard cap, underscoring strong investor demand for its consumer-focused investment strategy.

Alliance Ground: Lone Star Funds Completes Acquisition Of Airport Services Provider

By Amit Chowdhry ● Mar 28, 2026

Lone Star Funds has completed its acquisition of Alliance Ground International, a North America-based airport services provider, marking the close of a transaction first announced in January 2026. The deal was executed through an affiliate of Lone Star Fund XII, reinforcing the firm’s strategy of investing in transportation and infrastructure-adjacent services businesses.

Infosys: Acquisition Of Stratus To Accelerate AI-Led Transformation

By Amit Chowdhry ● Mar 28, 2026

Infosys announced a definitive agreement to acquire Stratus, a U.S.-based technology solutions provider focused on the property and casualty insurance sector, to strengthen its AI-driven digital transformation capabilities.

Marcus & Millichap: $113.7 Million Financing Arranged For Fort Worth Retail Portfolio Acquisition

By Amit Chowdhry ● Mar 28, 2026

Marcus & Millichap announced that its division, IPA Capital Markets, has arranged $113.7 million in acquisition financing and preferred equity for a portfolio of retail centers in Fort Worth, Texas.

Clearlake To Acquire Qualus To Drive Infrastructure Modernization

By Amit Chowdhry ● Mar 28, 2026

Clearlake Capital Group has agreed to acquire Qualus Corporation from New Mountain Capital, marking a significant transaction in the power and electric grid services sector as demand for modernization and resiliency continues to accelerate across the United States. The financial terms of the deal were not disclosed.

Convergence Networks: Acquisition Of Certinet Systems Expands Security And Compliance Capabilities

By Amit Chowdhry ● Mar 28, 2026

Convergence Networks, a North American managed services provider, announced the acquisition of Certinet Systems, a Yakima-based IT services firm known for its strong regional presence and customer-focused approach. The transaction strengthens Convergence Networks’ footprint across the Pacific Northwest while expanding its capabilities in cybersecurity and regulatory compliance for organizations operating in highly regulated industries.

Blueprint Healthcare Real Estate Advisors: Acquisition Of HUD Lending Platform Expands Capital Markets Capabilities

By Amit Chowdhry ● Mar 28, 2026

Blueprint Healthcare Real Estate Advisors announced a significant expansion of its capital markets platform through the acquisition of an FHA/HUD lending platform from MidCap Financial Services, LLC. The move enables Blueprint to integrate FHA/HUD lending and servicing capabilities into its offerings, strengthening its ability to provide long-term financing solutions across the healthcare real estate sector.

Echo Global Logistics: ITS Logistics Acquisition Expands Massive Supply Chain Platform

By Amit Chowdhry ● Mar 28, 2026

Echo Global Logistics has completed its acquisition of ITS Logistics, expanding its capabilities in integrated, end-to-end supply chain solutions and strengthening its position as a scaled, technology-driven logistics provider across North America.

Xanadu: $302 Million Raised As Photonic Quantum Computing Company Goes Public

By Amit Chowdhry ● Mar 28, 2026

Xanadu Quantum Technologies has gone public on the Nasdaq and Toronto Stock Exchange under the ticker symbol XNDU, marking a significant milestone as the first pure-play photonic quantum computing company to list on public markets.

ParaFi Capital: $125 Million Raised For Venture Fund III Focused On Institutional Crypto Adoption

By Amit Chowdhry ● Mar 28, 2026

ParaFi Capital, a digital asset investment firm, announced the launch of its third venture fund with $125 million in capital, as the firm continues to expand its focus on blockchain and institutional finance innovation.

Purdue Innovates: Accelerator Announces Second Cohort Of Five Startups

By Amit Chowdhry ● Mar 28, 2026

Purdue Innovates has announced the launch of its second accelerator cohort, selecting five Purdue-connected startups to participate in its three-month, investment-based program aimed at scaling early-stage companies.

Triangle Health: $4 Million Raised To Build AI Health Navigation Platform After Founder’s Brain Cancer Diagnosis

By Amit Chowdhry ● Mar 27, 2026

Triangle Health, an AI-powered health navigation platform, has raised $4 million in pre-seed funding following a deeply personal origin story involving cofounder Arun Verma, who was diagnosed with brain cancer after undergoing a full-body MRI scan.

Dimer Health: $13.5 Million Raised For AI-Driven Post-Discharge Care Platform

By Amit Chowdhry ● Mar 27, 2026

Dimer Health, a clinician-led, AI-native transitional care medicine company, has raised $13.5 million in series A financing to expand its post-discharge care platform and accelerate national growth. The round was led by Team8 and Table Management, with participation from Silver Circle and TechAviv, bringing the company’s total funding to nearly $20 million.

Novaworks: $8 Million Raised For AI-Native Workforce Management Operating System

By Amit Chowdhry ● Mar 27, 2026

Novaworks, an AI-native human capital management operating system built on the ServiceNow platform, has launched alongside an $8 million seed funding round led by Stalwart Ventures, with participation from ServiceNow Ventures and Bell Ventures. The company is introducing what it describes as the first agentic operating system for total workforce management, aimed at helping enterprises modernize how they manage employees, contractors, and AI agents.

Above Security: $50 Million Raised For AI-Native Insider Risk Platform

By Amit Chowdhry ● Mar 27, 2026

Above Security has emerged from stealth with $50 million in funding to tackle insider risk in what it describes as the “agentic era,” as artificial intelligence systems increasingly operate autonomously within enterprises.

Stratum Biosciences: $2 Million Raised To Advance AI-Powered Skin Biology Discovery Platform

By Amit Chowdhry ● Mar 27, 2026

Stratum Biosciences has secured $2 million in seed funding to accelerate development of its AI-powered skin biology discovery platform and expand research and development partnerships. The round was backed by Harvard Business School Alumni Angels of Greater New York and Skin Angels, a network of early-stage dermatology investors.

Tripo AI: $50 Million Raised For 3D Generation Platform And New Spatial AI Models

By Amit Chowdhry ● Mar 27, 2026

Tripo AI announced $50 million in new funding as it unveiled a new generation of production-ready 3D model architectures designed to generate assets directly in native three-dimensional space. The round was backed by Alibaba and Baidu Ventures, with proceeds set to support continued research into large-scale 3D foundation models and expansion of the company’s global developer platform.

Qualified Health: $125 Million Raised For Enterprise AI Platform Expansion In Health Systems

By Amit Chowdhry ● Mar 27, 2026

Qualified Health, an enterprise AI platform focused on healthcare, has raised $125 million in a Series B financing round to accelerate the deployment of artificial intelligence across health systems. The round was led by New Enterprise Associates, with participation from Transformation Capital, GreatPoint Ventures, Cathay Innovation, Menlo Ventures’ Anthology Fund, and several existing investors.

SAP Announces Acquisition Of Reltio To Advance AI-Ready Data Strategy

By Amit Chowdhry ● Mar 27, 2026

SAP SE announced it has agreed to acquire Reltio, a master data management software provider, in a move aimed at helping customers make both SAP and non-SAP enterprise data ready for artificial intelligence applications.

Knife River Acquires Montana Aggregates And Ready-Mix Business

By Amit Chowdhry ● Mar 27, 2026

Knife River has acquired the assets of Donaldson Brothers Ready Mix Inc., an aggregates-based ready-mix supplier operating in western Montana. Donaldson Brothers Ready Mix is a leading supplier in the Bitterroot Valley, located south of Missoula. The business includes three aggregates sources with more than 30 years of supply, a ready-mix plant, and precast concrete manufacturing capabilities.

CrossCountry Mortgage: $10.80 Per Share Deal To Acquire Two Harbors Investment

By Amit Chowdhry ● Mar 27, 2026

CrossCountry Mortgage has entered into a definitive agreement to acquire Two Harbors Investment Corp. in an all-cash transaction valued at $10.80 per share, marking a significant consolidation move in the U.S. mortgage market.

Soxton AI Acquires Cipher To Expand Full Stack AI Legal Platform With Agentic Security

By Amit Chowdhry ● Mar 27, 2026

Soxton AI, an AI-powered legal technology company focused on early-stage founders, announced it has acquired Cipher, a real-time security platform designed for agentic applications. The deal strengthens Soxton’s full-stack AI legal infrastructure by adding advanced protection for autonomous workflows and sensitive startup data.

Vena: Acquisition Of Acterys To Expand AI-Driven Planning Across Microsoft Ecosystem

By Amit Chowdhry ● Mar 27, 2026

Vena, an AI-powered performance management platform built for the Microsoft ecosystem, announced that it has completed its acquisition of Acterys, a provider of operational planning and analytics solutions based on Microsoft Power BI. The deal is aimed at accelerating what Vena describes as “Orchestrated Planning,” a model designed to unify financial and operational planning, analytics, and execution within tools such as Excel and Power BI.

PetaSight: Babbage Insight Acquisition Strengthens AI-Driven Life Sciences Research Platform

By Amit Chowdhry ● Mar 27, 2026

PetaSight, an AI-led operating system for life sciences primary market research, has acquired Babbage Insight Two Inc., a company specializing in patent-pending algorithms for business insight generation and signal validation. The deal is aimed at advancing PetaSight’s platform into a more comprehensive, intelligence-driven system for pharmaceutical research teams, though financial terms were not disclosed.