Archives

AlphaTrAI Buys Anchor Advisory Services To Enhance Support For Wealth And Asset Management Firms

By Amit Chowdhry ● Sep 5, 2024

AlphaTrAI, a leading provider of tech-enabled services for the wealth and asset management industries, announced the acquisition of Plymouth, Mass-based Anchor Advisory Services, which is a premier scheduling and sales management solutions provider for the financial services industry. And the tech-enablement of Anchor’s business with the latest tools will expand opportunities for Anchor and its clients, enhancing the value proposition of the firms and driving the growth of the company nationwide.

Oaktree and AVANA Companies Launch $250 Million JV

By Amit Chowdhry ● Sep 5, 2024

AVANA Companies and funds managed by Oaktree Capital Management L.P. announced the formation of a new $250MM AVANA-Oaktree Private Credit Partnership (AOPCP) for its direct private commercial real estate lending strategy. And through the joint venture (JV), AVANA will use the capital to provide private debt financing in the US over the next three years.

Rice Park Capital Management: RPC Ventures Fund II LP Closed

By Amit Chowdhry ● Sep 5, 2024

MedCerts: An Interview With CEO Craig Sprinkle About This Online Career Training School

By Amit Chowdhry ● Sep 5, 2024

MedCerts is a leader in online career training programs, pioneering the way students learn and employers hire. Pulse 2.0 interviewed MedCerts CEO Craig Sprinkle to learn more about the company.

Paul Hastings: Deidre Kalenderian Named As Partner In Chicago

By Amit Chowdhry ● Sep 5, 2024

To enhance its global compensation, benefits, and ERISA practice, Paul Hastings revealed that executive compensation lawyer Deidre Kalenderian has joined the firm as a partner in Chicago.

Verizon Acquiring Frontier Communications In $20 Billion Deal

By Amit Chowdhry ● Sep 5, 2024

Today Verizon Communications and Frontier Communications announced they have entered into a definitive agreement for Verizon to acquire Frontier in an all-cash transaction valued at $20 billion.

The Locker: Interview With Founder Nicole Loftus About This Rapidly Growing Diligence Software Company

By Amit Chowdhry ● Sep 5, 2024

The Locker is an automated founder-driven shareable diligence software company – which drastically reduces time and cost for both funders and founders. Pulse 2.0 interviewed The Locker founder Nicole Loftus to learn more about the company.

Be Fulfilled: An Interview With CEO John Brown About This Creator-Centered Full-Service Operations Company

By Amit Chowdhry ● Sep 5, 2024

Be Fulfilled is a full-service tech-enabled platform operations company that helps creators bring product dreams to life by developing, sourcing, and fulfilling product orders, and managing the ecommerce website, taking product photography, addressing customer service matters, etc. Pulse 2.0 interviewed Be Fulfilled CEO John Brown to learn more about the company.

Safe Superintelligence: $1 Billion Raised To Create Secure AI

By Amit Chowdhry ● Sep 5, 2024

Safe Superintelligence (SSI), a company founded by OpenAI co-founder Ilya Sutskever, has raised $1 billion in funding. This funding was provided by Andreessen Horowitz, Sequoia Capital, DST Global, SV Angel, and NFDG. NFDG is an investment partnership that is led by Nat Friedman and SSI CEO Daniel Gross. Sources with Reuters suggested that this funding was at a valuation of $5 billion.

Trestle: Vendor Risk Management Platform Raises $2.3 Million (Pre-Seed)

By Amit Chowdhry ● Sep 5, 2024

Trestle, which is a subcontractor and supplier data centralization and performance management solution for the construction industry, announced it has secured $2.3 million in pre-seed funding led by Lerer Hippeau with additional participation from MetaProp, Laconia Capital, Alumni Ventures, The LegalTech Fund, Redbud VC, and Meridian Ventures.

Bain Capital Credit: $1.8 Billion Of Financing Investments Completed In First Half Of 2024

By Amit Chowdhry ● Sep 5, 2024

Global credit specialist Bain Capital Credit, LP announced that the firm’s Private Credit Group invested $1.8 billion to support the growth of middle market and private equity-backed companies during the first half of this year.

Create Wellness: Creatine-Based Products Company Raises $5 Million (Series A)

By Amit Chowdhry ● Sep 5, 2024

Create Wellness - a leader in creatine-based products - announced it has raised $5 million in a Series A funding round led by Unilever Ventures. This latest round brings the company's total funding to $7.3 million. The funding will accelerate Create's mission to bring the benefits of proper creatine supplementation to a wider audience.

Prime Healthcare Services: $1.5 Billion In Financing Completed

By Amit Chowdhry ● Sep 5, 2024

Prime Healthcare Services - one of the nation's leading health systems with 44 award-winning hospitals in 14 states - announced the successful closing and funding of $1.5 billion Senior Secured Notes due 2029.

threatER: Cybersecurity Company Raises Growth Capital From CIBC Innovation Banking

By Amit Chowdhry ● Sep 5, 2024

CIBC Innovation Banking announced that it has provided a growth capital financing facility to threatER, a cyber defense category leader focused on eliminating cyber threats before they reach the network. This growth capital will facilitate threatER’s scale-up as they aim to help medium-sized businesses and enterprises, especially in financial services, healthcare and legal, protect their business from cyberattacks and increasingly sophisticated digital bad actors.

Oxylus Energy: E-Fuel Production Company Raises $4.5 Million (Seed)

By Amit Chowdhry ● Sep 5, 2024

Oxylus Energy, a developer of a novel carbon utilization technology for the production of e-fuels, announced the closing of its $4.5 million Series Seed investment, which was co-led by Toyota Ventures and Azolla Ventures and participated in by Earth Foundry and Connecticut Innovations.

LightForce: Orthodontics-Focused Company Raises $50 Million From Trinity Capital

By Amit Chowdhry ● Sep 5, 2024

Trinity Capital - a leading provider of diversified financial solutions to growth-oriented companies - announced the commitment of $50 million in growth capital to LightForce, makers of the world's first fully personalized 3D-printed braces system. And LightForce specializes in personalized orthodontics, focusing on the development and production of 3D-printed dental brackets.

Settle: Interview With CEO Alek Koenig About This All-In-One Payments Solution Company

By Amit Chowdhry ● Sep 4, 2024

Settle is on a mission to build cash flow innovation for founders. Pulse 2.0 interviewed Settle CEO Alek Koenig to learn more about the company.

mpro5: Enabling Customers To Implement Processes Across All Departments

By Amit Chowdhry ● Sep 4, 2024

mpro5 is a process management app trusted by professionals to streamline processes. Pulse 2.0 interviewed mpro5 VP of Business Development Fred Whipp to learn more about the company.

Bluespring Wealth Partners: Pradeep Jayaraman Named As New President

By Amit Chowdhry ● Sep 4, 2024

Today, Bluespring Wealth Partners—a leading acquirer of independent RIAs and hybrid wealth management firms—announced a new President: Pradeep Jayaraman. Jayaraman will assume leadership for all functions at Bluespring, including strategy and execution for the growing wealth management acquirer. Stuart Silverman will continue to serve as Chairman of Bluespring, where he will focus on supporting the organization's growth.

PeakMetrics: Helping Enterprises And Governments Combat Online Narrative Threats

By Amit Chowdhry ● Sep 4, 2024

PeakMetrics is a company that provides a narrative intelligence platform that helps enterprises and governments identify and combat emerging online narrative threats. Pulse 2.0 interviewed PeakMetrics CEO and co-founder Nick Loui to learn more about the company.

The AmeriFlex Group: 200 Partner Advisors And $13 Billion Assets Surpassed

By Amit Chowdhry ● Sep 4, 2024

The AmeriFlex Group—a rapidly growing advisor-owned hybrid RIA—announced it has surpassed 200 pillar partner advisors on its platform. This growing team also confirmed that it is on track to reach or surpass its goal of 315 financial advisors by 2026. The team credits its sophisticated programs and industry-leading succession support for its rapid expansion.

Deutsche Bank And First Citizens Closes $315.7 Million To Finance 4 Texas-Based Battery Projects

By Amit Chowdhry ● Sep 4, 2024

Today Deutsche Bank and First Citizens Bank announced they served as co-lead arrangers on a $315.7 million financing for four battery energy storage systems in Texas.

You.com: AI-Based Productivity Engine Company Secures $50 Million (Series B)

By Amit Chowdhry ● Sep 4, 2024

Today AI-based productivity engine You.com announced a $50 million Series B funding round led by Georgian. This funding round included participation from Salesforce Ventures, NVIDIA, SBVA (formerly Softbank Ventures Asia), DuckDuckGo, and Day One Ventures, bringing You.com’s total funding to $99 million.

Revefi: AI Data Engineer Company Closes $20 Million (Series A) And Launches Raden

By Amit Chowdhry ● Sep 4, 2024

Today Revefi announced that it has raised $20 million in a Series A funding. This funding round was led by Icon Ventures, with participation from Mayfield, GTM Capital and StepStone Group.

Adro: Interview With Co-Founder & CEO Amarildo Gjondrekaj About Offering International Students And Workers Favorable Financial Products

By Amit Chowdhry ● Sep 4, 2024

Adro is a company that offers no-fee checking and savings accounts and credit cards for internationals. Pulse 2.0 interviewed Adro co-founder and CEO Amarildo Gjondrekaj to learn more about the company.

ArsenalBio: $325 Million (Series C) To Enhance Programmable Cell Therapy Programs

By Amit Chowdhry ● Sep 4, 2024

Arsenal Biosciences, a clinical-stage programmable cell therapy company focused on engineering advanced CAR T-cell therapies for solid tumors, announced today the closing of an oversubscribed $325 million Series C financing round.

Roomvu: Interview With CEO Sam Mehrbod About This Fast-Growing Automated Real Estate Video Marketing Platform

By Amit Chowdhry ● Sep 4, 2024

Roomvu is an online platform that offers realtors ready-made videos. Pulse 2.0 interviewed Roomvu CEO Sam Mehrbod to learn more about the company.

eGenesis: $191 Million (Series D) Secured To Develop Engineered Organs For Addressing Transplant Shortages

By Amit Chowdhry ● Sep 4, 2024

eGenesis, a biotechnology company that is developing human-compatible engineered organs to address the global organ shortage, announced today the closing of a $191 million Series D financing. The funding was led by Lux Capital, with participation from existing investors ARCH Ventures, Khosla Ventures, Farallon Capital Management, Alta Partners, Fresenius Medical Care Ventures, and Leaps by Bayer, and new investors DaVita, Eisai Innovation, NATCO Pharmaceuticals, and Parkwood Corporation.

One Biosciences: How This Company Utilizes Single-Cell Analysis To Develop Precision Oncology Solutions

By Amit Chowdhry ● Sep 4, 2024

One Biosciences is a company that utilizes the power of single-cell analysis and AI to unlock a new wave of single-cell-based molecular profiling solutions for a broad range of difficult-to-treat conditions. Pulse 2.0 interviewed One Biosciences CEO Hedi Ben Brahim to learn more about the company.

Vesta Healthcare: Virtual Care Provider For Those With Home Care Raises $65 Million (Series C)

By Amit Chowdhry ● Sep 4, 2024

Vesta Healthcare, a virtual care provider group for people with home care, announced today the closing of $65 million in a Series C round with new debt financing.