Archives

Endera: $49 Million To Accelerate Growth In Electric Bus Market

By Amit Chowdhry ● Feb 11, 2025

Endera, a technology and manufacturing leader in the electric bus market, announced that it has secured $49 million in its latest funding round. This funding round includes a $36 million equity investment led by Magnetar, with participation from Pulse Fund — whose founder, Tenzin Seldon, has joined Endera’s board of directors — and Endera’s longtime strategic partner, Pritchard Auto Company.

Harrison.ai: $112 Million (Series C) Raised For AI-Based Medical Diagnostic Support

By Amit Chowdhry ● Feb 11, 2025

Harrison.ai, a leading global healthtech company and developer of AI-based medical diagnostic support and workflow solutions, announced the accelerated expansion of its operations into the US, which is a move supported by $112 million of Series C funding. The funding round was co-led by Aware Super, ECP, and existing investor Horizons Ventures. New investors like Australia’s National Reconstruction Fund Corporation (NRFC), Ord Minnett and Wollemi Capital Group also participated, along with existing investors including Blackbird Ventures and Alpha JWC Ventures. And Harrison.ai’s total capital raised to date exceeds $240 million.

Positron: $23.5 Million Raised For Designing Made-In-America AI Chips

By Amit Chowdhry ● Feb 11, 2025

Positron, a growing force in AI inference technology for AI computing, announced it has raised $23.5 million in funding from a group of investors, including Flume Ventures, Valor Equity Partners, Atreides Management, and Resilience Reserve.

Dentons: Richard Hong Joins As Commercial Litigation Partner In New York

By Amit Chowdhry ● Feb 11, 2025

Dentons announced that Richard Hong has joined the firm as a partner in its Commercial Litigation practice, based in New York. Hong brings over 17 years of experience as a senior trial lawyer for the US Securities and Exchange Commission (SEC), addressing high-stakes litigation across the banking, financial, securities, and digital assets industries.

Morrison Foerster: Dan Harris Arrives As Partner In ECVC Group

By Amit Chowdhry ● Feb 11, 2025

Leading global law firm Morrison Foerster announced the arrival of Dan Harris as a partner in the firm’s Emerging Companies + Venture Capital (ECVC) Group, based in its San Francisco office. Harris brings nearly two decades of experience working closely with a wide range of innovative food systems and consumer technology, consumer products, software, hardware, and marketplace-based companies throughout their lifecycles.

Closed Loop Raises Strategic Investment From Capricorn

By Amit Chowdhry ● Feb 11, 2025

Closed Loop Partners announced that investor Capricorn Investment Group made a growth investment in its asset management business: Closed Loop Capital Management. Capricorn joins existing shareholders, JS Capital, Schusterman Family Investments, and majority owner Closed Loop Partners founder and CEO Ron Gonen.

SelectQuote Reveals $350 Million Investment From Bain, Morgan Stanley, And Newlight Partners

By Amit Chowdhry ● Feb 11, 2025

SelectQuote—a leading distributor of Medicare insurance policies and owner of a rapidly growing healthcare services platform—announced that it signed a $350 million strategic investment from funds managed by Bain Capital, Morgan Stanley Private Credit, and Newlight Partners.

Sidley: Jane Rheem Named As Chief Data And AI Officer

By Amit Chowdhry ● Feb 11, 2025

Sidley Austin announced that Jane Rheem has joined the firm as Chief Data & AI Officer. Across her 25-year career, she headed the data analytics and data science functions at multiple organizations. And more recently, Rheem was Chief Data and Analytics Officer at Zurich North America.

LPL Onboards $1 Billion Team Salient Wealth Planning Group

By Amit Chowdhry ● Feb 11, 2025

LPL Financial announced that financial advisors John P. Schlatter, CFP, Robert Rojano, Alec Hoag, CFP, and Michael Madden, CFA, have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported serving about $1 billion in advisory, brokerage, and retirement plan assets and joined LPL from Osaic.

Sequoia Financial Buying $3.8 Billion Wealth Manager Carlson Capital

By Amit Chowdhry ● Feb 11, 2025

Sequoia Financial Group - an SEC-registered wealth manager with $22.6 billion in assets under management as of December 31, 2024, and Carlson Capital Management (CCM), a Northfield, Minnesota-based investment advisory firm with $3.8 billion in client assets as of December 31, 2024, announced they have reached an agreement for Sequoia Financial to acquire CCM. The firms expect to complete the transaction on March 31. The financial terms were not disclosed.

DLA Piper: Former FAA Chief Counsel Marc Nichols Named As Co-Chair Of Transportation Practice

By Amit Chowdhry ● Feb 11, 2025

DLA Piper announced it welcome Marc Nichols, former Federal Aviation Administration Chief Counsel, as a partner and as the Co-Chair of the Transportation Practice. He will be based in the firm’s Washington, DC, office.

Carson Group: $365 Million Team Added To Partner Network

By Amit Chowdhry ● Feb 11, 2025

Carson Group, a leading wealth advisory firm with over $40 billion in assets under management (AUM), announced a partnership with Jerod Wurm, CFP Managing Partner, Wealth Advisor, and Casey Frye, CFP, Managing Partner, Wealth Advisor, a Roseville, California–based advisory with $365 million in AUM. As part of the partnership, the firm will rebrand as Carson Wealth.

Kirkland & Ellis: Kemal Hawa Joins As Partner In Corporate Practice Group

By Amit Chowdhry ● Feb 11, 2025

Kirkland & Ellis announced that Kemal Hawa has joined the firm as a partner in the Corporate Practice Group with a focus on digital infrastructure. Hawa counsels clients in complex transactions across the digital infrastructure and telecommunications space and has extensive experience providing advice on commercial agreements.

Lynx: $27 Million Raised For Transforming Healthcare Administration And Payments

By Amit Chowdhry ● Feb 11, 2025

Lynx, a leading fintech platform that is simplifying healthcare payments and administration, announced the closing of an oversubscribed $27 million Series A funding round. The round was led by Flare Capital Partners, with participation from CVS Health Ventures, McKesson Ventures, and existing investors .406 Ventures, Obvious Ventures, and Frist Cressey Ventures. And this round brings the total funding to over $44 million since launching in 2022.

Janus Henderson’s ETF JAAA Surpasses $20 Billion In AUM

By Amit Chowdhry ● Feb 11, 2025

Janus Henderson Investors announced that its pioneering AAA Collateralized Loan Obligation ETF, Janus Henderson AAA CLO ETF (JAAA), has surpassed $20 billion in assets under management (AUM). And JAAA is the largest CLO ETF as measured by AUM and ranked first in year-to-date net flows for all active ETFs. Janus Henderson’s suite of CLO products also includes JBBB and a European CLO ETF.

LPL Financial Brings In $345 Million Team Jackson/Roskelley Wealth Advisors

By Amit Chowdhry ● Feb 11, 2025

LPL Financial announced that financial advisors Jared Roskelley, CFP, and Kyle Robertson, CFP, of Jackson/Roskelley Wealth Advisors have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving about $345 million in advisory, brokerage, and retirement plan assets and joined LPL from Ameriprise.

DevAI: $6 Million Raised For Empowering Enterprise IT With AI Agents

By Amit Chowdhry ● Feb 11, 2025

DevAI, a company building agentic AI solutions for enterprise IT teams, announced it raised $6 million in an oversubscribed seed round led by Emergence Capital. The funding round also included participation from Pear VC, Base10, and Benchstrength, and follows a $1 million pre-seed investment from Pear VC.

Berry Street: $50 Million Raised For Nutrition Counseling Platform

By Amit Chowdhry ● Feb 11, 2025

Berry Street, a leading nutrition counseling platform in the US, announced it raised $50 million in its latest funding roundz to expand its AI business-in-a-box platform, already serving thousands of dietitians and growing. The company has secured investment from Northzone, Sofina, FJ Labs, the Founder of Revolut, the Co-Founder of Spring Health, the Co-Founder of Grow Therapy, the CEO of Found, and others.

Milbank: Lisa Laukitis Named As Partner In New York

By Amit Chowdhry ● Feb 11, 2025

Milbank announced that Lisa Laukitis had joined the New York office as a partner in the Financial Restructuring Group. For 25+ years, Laukitis advised clients on all aspects of corporate restructurings. And the primary focus of her work has been representing companies in connection with their out-of-court restructurings and Chapter 11 cases.

Atomicwork: $25 Million (Series A) Raised For Agentic Service Management Solutions

By Amit Chowdhry ● Feb 11, 2025

Atomicwork, a leading innovator in agentic service management solutions for Enterprise IT, announced that it has raised $25 million for its Series A funding round. The funding round was led by Khosla Ventures and Z47, with participation from Battery Ventures, Blume Ventures, and Peak XV Partners.

Delfina: $17 Million (Series A) Raised For Transforming Maternal Health With AI-Based Proactive Care

By Amit Chowdhry ● Feb 11, 2025

Delfina Care - a healthcare technology company solving the maternal health crisis with an AI-based care system - announced the successful closing of its $17 million Series A funding round led by U.S. Venture Partners (USVP). The Series A funding round was led by U.S. Venture Partners (USVP) and it included participation from new investors ARTIS Ventures, Mayo Clinic, and Tokio Marine Future Fund. Delfina's existing investors also participated in the round, including Story Ventures, SemperVirens, Bread and Butter Ventures, Boutique Ventures, and Chelsea Clinton's Metrodora Ventures.

Paxton: $22 Million (Series A) Secured For Transforming Legal AI

By Amit Chowdhry ● Feb 11, 2025

Paxton, an AI platform transforming legal workflows, announced it closed a $22 million Series A funding round led by Unusual Ventures, alongside Kyber Knight, 25Madison, and Wisconsin Valley Ventures. This brings Paxton’s total funding to $28 million, following its $6 million seed round in 2023.

White & Case: Patrick Johnson Named As Partner In Houston

By Amit Chowdhry ● Feb 11, 2025

Global law firm White & Case announced it has expanded its Global Project Development and Finance Practice and Global Energy Industry Group with the addition of Patrick Johnson as a partner in Houston.

Dentons: Ahmed Butt Joins Banking & Finance Practice In The Middle East As A Partner

By Amit Chowdhry ● Feb 11, 2025

Global law firm Dentons announced that Ahmed Butt has joined its Banking & Finance practice in the Middle East as a partner. And Ahmed's arrival strengthens our Middle East Banking & Finance practice with the addition of over 20 years of specialist Banking Regulations and Financial Institutions Regulatory expertise.

Lorikeet: $9 Million Raised For Transforming Customer Experiences

By Amit Chowdhry ● Feb 11, 2025

AI customer experience company Lorikeet announced it raised $9 million in funding from Blackbird and existing investors Square Peg and Skip Capital. The funding was driven by breakout growth in 2024 across major financial centers in Australia, Asia, and the US. This announcement comes just four months after the company raised a $5 million seed round last year.

Bourque Logistics: Over $100 Million Growth Funding Raised From Sixth Street

By Amit Chowdhry ● Feb 11, 2025

Bourque Logistics (a leader in rail logistics systems) and Sixth Street (a leading global investment firm) announced that Bourque has closed a $100+ million financing from Sixth Street. This growth financing supports Bourque's recently announced acquisition of AllTranstek, which combines the respective rail fleet logistics and asset management expertise of Bourque and AllTranstek into a comprehensive solution for the rail industry.

Seraphic: $29 Million (Series A) Raised For Enterprise Browser Security

By Amit Chowdhry ● Feb 11, 2025

Seraphic Security, a leader in enterprise browser security, announced that it has secured a $29 million Series A funding round led by GreatPoint Ventures (GPV), with participation from the CrowdStrike Falcon Fund and existing investors Planven, Cota Capital, Storm Ventures, Eastlink and Secure Octane.

Boostly: $22 Million Raised For Automated SMS Marketing Platform

By Amit Chowdhry ● Feb 11, 2025

Boostly, a leading provider of automated SMS marketing and feedback solutions for restaurants, announced it has raised $22 million in growth capital led by PeakSpan Capital with participation from existing investors Y Combinator, Trestle Partners, and Singularity Capital. This significant Series A funding round comes just six months after Boostly's $5.6 million seed round, validating the company's extraordinary growth trajectory and market potential.

Aluratek: Interview With CEO John Wolikow About The Consumer Electronics Company

By Amit Chowdhry ● Feb 11, 2025

Aluratek is a company that was formed in 2006 by a group of tech enthusiasts who believe consumer electronic devices can be both sophisticated and easy to use. And the company is passionate about identifying new trends and reacting quickly to bring new innovative products to the market. Pulse 2.0 interviewed Aluratek CEO John Wolikow to learn more about the company.

ITpipes: Interview With CEO Ned Bebawy About The Pipeline Inspection Company

By Amit Chowdhry ● Feb 11, 2025

ITpipes is a company that enables clients to effectively collect, analyze and manage their water pipeline inspections. Pulse 2.0 interviewed ITpipes CEO Ned Bebawy to learn more about the company.