Archives

Champion: Customer Advocacy Company Raises $3.3 Million

By Amit Chowdhry ● Sep 12, 2024

Champion, an AI-based customer advocacy platform, announced the closing of an oversubscribed $3.3 million seed round led by Flyover Capital, with continued investment from High Alpha and participation from Bread & Butter Ventures and Stage 2 Capital. This funding will accelerate Champion's mission to drive efficient growth for businesses by identifying and activating their hidden customer advocates.

Xyte: Offering A Full-Stack Servitization Platform Built For Device And Hardware Companies

By Amit Chowdhry ● Sep 11, 2024

Xyte is a company that has developed the first all-in-one servitization platform purpose-built for device and hardware manufacturers. And it enables OEMs across different industries to cloudify, service, support, and commercialize their connected devices in one place, transforming them into integrated business solutions that combine hardware, software, and services. Pulse 2.0 interviewed Xyte CEO and co-founder Omer Brookstein to learn more about the company.

Meatable: Interview With Co-Founder Daan Luining About This Guilt-Free Cultivated Meat Company

By Amit Chowdhry ● Sep 11, 2024

Meatable is a company that makes 100% guilt-free meat. With one cell, Meatable is transforming the meat industry's impact on climate change and animal welfare. Pulse 2.0 interviewed Meatable co-founder and CTO Daan Luining to learn more about the company.

Rep AI: $8.2 Million Raised To Help E-Commerce Merchants Deliver Personalized Sales Assistance At Scale

By Amit Chowdhry ● Sep 11, 2024

Rep AI Technologies, the creator of an AI Concierge, announced it has raised $8.2 million in funding. This funding round was led by Osage Venture Partners (OVP), which was joined by Flashpoint Venture Capital and Oryzn Capital.

Mercer Advisors Brings In $412 Million Benchmark Wealth Management Team

By Amit Chowdhry ● Sep 11, 2024

Mercer Global Advisors - a national Registered Investment Adviser (RIA) - announced the acquisition of Benchmark Wealth Management.

Elum Energy Raises $13 Million (Series B) To Address Global Renewable Market

By Amit Chowdhry ● Sep 11, 2024

Elum Energy - a provider of advanced energy management solutions for renewable energy systems - announced it secured $13 million in Series B funding led by Energize Capital, with participation from existing investors Alter Equity and Cota Capital. This funding will support the company's ambitious growth plans to address the booming global renewable market, such as a U.S. launch and product evolution within the energy storage and EV integration categories.

Moody’s Buys Casualty Insurance Analytics Company Praedicat

By Amit Chowdhry ● Sep 11, 2024

Moody’s announced that it had acquired Praedicat, a leading provider of casualty insurance analytics. This acquisition adds comprehensive casualty and liability modeling to Moody’s range of market-leading solutions for the insurance industry, enhancing its overall risk assessment strategy.

Indus Valley Partners Buys Alt Investment Software Company IntegriDATA

By Amit Chowdhry ● Sep 11, 2024

Indus Valley Partners (IVP), a global provider of software and technology solutions to the world’s most sophisticated investment managers backed by PPC Enterprises (PPC), which is a specialist middle-market private equity firm and minority investor in IVP, announced that it has agreed to acquire IntegriDATA, a leader in alternative investment software solutions. The terms of the deal were undisclosed.

Mesirow Acquires Florida-Based RIA Firm Price Wealth Management

By Amit Chowdhry ● Sep 11, 2024

Mesirow, an independent employee-owned financial services firm, announced the acquisition of Price Wealth Management, an established RIA firm based in Stuart, Florida. This deal builds on Mesirow’s significant existing footprint in the area, including offices in Miami and Boca Raton. Price Wealth Management was represented by DeVoe & Company, a leading consulting firm and investment bank to RIAs.

LPL Financial Buys $9 Billion Broker-Dealer And RIA The Investment Center

By Amit Chowdhry ● Sep 11, 2024

LPL Financial announced that the firm has entered into a definitive agreement to acquire The Investment Center, a broker-dealer and registered investment adviser based in Bedminster, New Jersey.

Eclipse Private Wealth Management Launches New Independent Advisory Firm

By Amit Chowdhry ● Sep 11, 2024

Eclipse Private Wealth Management announced the launch of its new independent advisory firm. Eclipse will be led by the father-daughter team of Joel R. Freedman, CFP, CPWA and Alex Freedman. Before starting Eclipse, Joel and Alex worked together at Morgan Stanley, helping clients pursue their financial objectives with customized investment strategies, comprehensive financial planning, and guidance for imperative decision-making.

Ameriprise Brings In $150 Million FA Nathan Brown

By Amit Chowdhry ● Sep 11, 2024

Ameriprise Financial announced that Financial Advisor Nathan Brown, AAMS, CRPC, CRPS, recently joined the firm’s branch channel from Edward Jones with nearly $150 million in assets. His practice is based in Kalamazoo, Michigan and includes Client Service Associate Kelli Besser.