Archives

LPL Financial Adds $655 Million Bury Financial Group

By Amit Chowdhry ● Sep 26, 2024

LPL Financial announced that the advisors with Bury Financial Group had joined LPL Financial’s broker-dealer, RIA, and custodial platforms. They reported serving about $655 million in advisory and retirement plan assets and joining LPL from Osaic.

Kestra Financial Brings In $200+ Million SZC Team

By Amit Chowdhry ● Sep 26, 2024

Kestra Financial, an industry-leading wealth management platform, announced the onboarding of SZC Financial Planning & Management (SZC Financial), a firm dedicated to providing personalized and high-touch service.

MobiSystems: Interview With OfficeSuite Business Co-Founder Nikolay Kussovski About The Productivity Software Company

By Amit Chowdhry ● Sep 26, 2024

MobiSystems is a global leader in productivity software that has created popular apps like OfficeSuite, PDF Extra, MobiDrive. MobiSystems has over 550 million users, with over 250 million users of OfficeSuite alone. Pulse 2.0 interviewed OfficeSuite Co-founder Nikolay Kussovski to learn more about the company.

Farmblox: Interview With CEO & Co-Founder Nathan Rosenberg About The Farm Automation Platform

By Amit Chowdhry ● Sep 26, 2024

Farmblox is a farm automation platform that combines a sensor ecosystem, carbon sequestration monitoring, and AI workflows – saving up to 50% in labor costs, reducing water usage, and generating new revenue streams for modern farming. Pulse 2.0 interviewed Farmblox co-founder and CEO Nathan Rosenberg to learn more about the company.

Skadden Brings In Dr. Matthias Schudlo As Partner In Germany

By Amit Chowdhry ● Sep 26, 2024

Skadden announced it welcomed Dr. Matthias Schudlo as a partner in the Frankfurt office's financial sponsor practice. Dr. Schudlo was previously a partner in another global law firm's private equity practice.

Raymond James Brings In $1 Billion Utah-Based Advisor Team

By Amit Chowdhry ● Sep 26, 2024

Raymond James announced it has welcomed financial advisors Jaden Gurney, Trevor Hanson and Jonathan Rogers to Raymond James Financial Services (RJFS) – which is the firm’s independent advisor channel – as revealed by Bill Counsman, Western division director for RJFS.

Wilde Wealth Management: $400 Million Asset Manager Drew Kliber Joins

By Amit Chowdhry ● Sep 26, 2024

Cetera Financial Group, a premier financial advisor Wealth Hub, announced that Wilde Wealth Management Group (Wilde Wealth), an independent wealth management firm that is one of the largest businesses within the Cetera Advisors community, has appointed Drew Kliber to lead its newly formed W Family Office Division. Kliber, who oversaw nearly $400 million in assets, as of September 1, 2024, joins Wilde Wealth from UBS.

Nmbr: Embedded Payroll Company Secures C$7.6 Million (Seed)

By Amit Chowdhry ● Sep 26, 2024

Nmbr, Canada’s first dedicated embedded payroll software provider, announced CAD $7.6 million in seed funding to elevate the payroll ecosystem for businesses nationwide. Panache Ventures, Golden Ventures, Motivate Venture Capital, and Luge Capital provided the funding.

Cetera Brings In $269 Million FA George Elkin

By Amit Chowdhry ● Sep 26, 2024

Cetera Financial Group, a premier financial advisor Wealth Hub, announced that advisor George Elkin has joined Cetera Advisor Networks via North Ridge Wealth Planning LLC with his nephew, Josh Elkin. And George and Josh, who provide comprehensive financial planning and investment advice to clients and have $269 million in assets under administration as of June 20, 2024, have joined Cetera from American Portfolios (an Osaic company).

Convergent Therapeutics: $40 Million (Series A Extension) Secured From Novo

By Amit Chowdhry ● Sep 26, 2024

Convergent Therapeutics Inc., a clinical stage biotechnology company focused on developing next generation radiopharmaceutical therapies for the treatment of prostate cancer and other cancers, announced that the first patient has been dosed with CONV01-α in the Phase II CONVERGE-01 trial evaluating CONV01-α, Ac-225 rosopatamab tetraxetan, for the treatment of patients with prostate-specific membrane antigen (PSMA) PET-positive metastatic castration-resistant prostate cancer (mCRPC). Convergent also announced a $40 million Series A extension by Novo Holdings, a holding and investment company wholly owned by the Novo Nordisk Foundation.

Eion: $3 Million (Series A Extension) Raised And Carbon Removal Deal Signed With Microsoft

By Amit Chowdhry ● Sep 26, 2024

Eion, a carbon removal company turning the proven science of enhanced rock weathering (ERW) into a scalable climate solution, announced a contract to deliver 8,000 tons of permanent carbon dioxide removal to Microsoft. And Eion also announced it has closed $3 million in Series A extension funding from agricultural distributor Growmark, AgFunder, Ridgeline, Trailhead Capital, Overture Partners, Mercator Partners, Exelon Foundation, and others.

Whatfix: Digital Adoption Platform Company Raises $125 Million (Series E)

By Amit Chowdhry ● Sep 26, 2024

Whatfix, a leader among digital adoption platforms (DAPs), announced it had secured $125 Million in a Series E funding round led by Warburg Pincus, with participation from existing investor SoftBank Vision Fund 2. And the company is raising the new round at a significant premium, reinforcing its dominance as the leader in Digital Adoption Platforms (DAPs) and expanding into DAP adjacent offerings.

Li-Cycle: Interview With CEO & Co-Founder Ajay Kochhar About This Sophisticated Lithium-Ion Battery Recovery Company

By Amit Chowdhry ● Sep 26, 2024

Li-Cycle is a leading global lithium-ion battery resource recovery company. And Li-Cycle’s mission is to recover critical battery-grade materials to create a domestic closed-loop battery supply chain for a clean energy future. Pulse 2.0 interviewed Li-Cycle CEO and co-founder Ajay Kochhar to learn more about the company.

Atomicwork: Modern Service Management Company Raises $14 Million (Seed)

By Amit Chowdhry ● Sep 26, 2024

Atomicwork, a leading modern service management platform, announced the closing of a new $3+ million strategic funding. This funding round was backed by more than 40+ seasoned industry veterans, including global CIOs and CTOs, demonstrating strong confidence in the company's vision and strategic direction.

fal: Media Generating AI Company Raises $23 Million

By Amit Chowdhry ● Sep 26, 2024

fal announced it has raised $23 million in Seed and Series A funding. The $14 million Series A was led by Kindred Ventures with participation from Andreessen Horowitz and First Round Capital and angel investors including Perplexity founder Aravind Srinivas, Vercel founder Guillermo Rauch, Balaji Srinivasan, and Huggingface CTO Julien Chaumond. Andreessen Horowitz led the Seed round with participation from Village Global.

Edera: Secure-By-Design Kubernetes And AI Solution Closes $5 Million (Seed)

By Amit Chowdhry ● Sep 26, 2024

Edera, which is the world's only secure-by-design Kubernetes and AI solution, announced it has raised $5 million in a seed round led by 645 Ventures and Eniac Ventures with participation from FPV Ventures, Generationship, Precursor Ventures and Rosecliff Ventures. And angel investors include Joe Beda, Filippo Valsorda, Mandy Andress, Jeff Behl and Kleiner Perkins scout Nikitha Suryadevara, and others.

Raymond James Brings In $112 Million FA Terry Medley

By Amit Chowdhry ● Sep 26, 2024

Raymond James has welcomed financial advisor Terrence “Terry” Medley to Raymond James & Associates (RJA) – the firm's employee advisor channel – in San Jose, California, as revealed by John Simmons, California regional director for RJA.

Flightkeys: Strategic Growth Investment Raised From Insight Partners

By Amit Chowdhry ● Sep 26, 2024

Flightkeys Group - a cloud-based flight planning and optimization software built specifically for the most innovative global airlines - announced a strategic growth investment from global software investor Insight Partners.

Publicis Buys Michigan-Based Mars United Commerce

By Amit Chowdhry ● Sep 26, 2024

Publicis Groupe announced the acquisition of Mars United Commerce, the world’s largest independent commerce marketing company. With 1,000+ employees based in 14 hubs worldwide, Mars helps marketers make their products consumers’ top choice in online and offline shopper systems.

Akur8: Machine Learning-Powered Insurance Company Raises $120 Million (Series C)

By Amit Chowdhry ● Sep 26, 2024

Akur8, a machine learning-powered insurance pricing and reserving platform, announced that it has secured $120 million in series C funding, bringing the total raised investment to $180 million. This latest funding round was led by One Peak, with participation from Partners Group and historical investor Guidewire Software. This new funding round will significantly support Akur8’s ability to expand its product portfolio and fuel its growth in key global markets.

Iridium: Interview With EVP Of PNT Division Michael O’Connor About The Mobile Satellite Service Company

By Amit Chowdhry ● Sep 26, 2024

Iridium Communications is the only mobile satellite service (MSS) company offering pole-to-pole coverage over the entire globe. Pulse 2.0 interviewed Iridium’s Executive Vice President of the PNT Division Michael O'Connor to learn more about the company.

LPL Financial Brings In $300 Million Bindra Group Team

By Amit Chowdhry ● Sep 26, 2024

LPL Financial announced that financial advisors Kultar S. “Sid” Bindra, CFP, and Steven Alvarez have joined LPL’s employee advisor channel, Linsco by LPL Financial, to launch The Bindra Group. And they reported serving approximately $300 million in advisory, brokerage and retirement plan assets and join LPL from Truist Financial.

Zartico: Using AI To Create Strategic Planning And Marketing Optimization Solutions In A $225+ Billion Market

By Amit Chowdhry ● Sep 26, 2024

Zartico is the maker of the first Destination Operating System and it harnesses and streamlines big data using science, AI, and technology to provide unprecedented visibility into the movement of people and economic opportunities. Pulse 2.0 interviewed Zartico CEO Sarah Lehman to learn more about the company.

Banyan Software: Foundation Launched With $100 Million Stock Pledge

By Amit Chowdhry ● Sep 26, 2024

Banyan Software, a leading acquirer and permanent home for software businesses, announced the launch of the Banyan Software Foundation. This Foundation will focus on supporting organizations that utilize technology to build a greener and more equitable world. With a $100 million commitment of stock over the next four years, the Foundation will become one of Banyan Software’s largest shareholders, and its impact will continue to grow in tandem with the company’s success.

Datamaran: Software Analytics Platform Company Secures $33 Million (Series C)

By Amit Chowdhry ● Sep 26, 2024

Datamaran announced the completion of $33 million in Series-C financing from investment funds managed by Morgan Stanley Expansion Capital, validating its global leadership in the ESG software market. And the proceeds will be used to accelerate growth in the U.S and Europe and further advance initiatives in generative AI.

ICG: North American Credit Partners Fund III Closed At $1.9 Billion

By Amit Chowdhry ● Sep 26, 2024

ICG - a global alternative asset manager - announced the completion of fundraising for its North American Credit Partners Fund III (NACP III), following strong demand from a global group of new and existing investors.

Blue Whale Materials Picked For $55 Million DOE Award

By Amit Chowdhry ● Sep 26, 2024

Blue Whale Materials (BWM) - a leader in advanced lithium-ion battery recycling - announced it has been selected for negotiation of an award of over $55 million from the U.S. Department of Energy’s (DOE) Office of Manufacturing and Energy Supply Chains (MESC) under the Bipartisan Infrastructure Law Battery Materials Processing and Battery Manufacturing Program.

Upend: Interview With Founder Jeevan Arora About The AI-Based Task Engine

By Amit Chowdhry ● Sep 26, 2024

Upend.ai is a new platform that pairs search with large language models to give you the best results possible and help you understand them. Pulse 2.0 interviewed Upend founder Jeevan Arora to learn more about the company.

Cloud Equity Group: Interview With Founder & CIO Sean Frank About The Investment Firm

By Amit Chowdhry ● Sep 25, 2024

Cloud Equity Group is a Wall Street-based investment management firm strategically positioned to capitalize on the expanding industries of web hosting and cloud-based infrastructure. Pulse 2.0 interviewed Cloud Equity Group founder and Chief Investment Officer Sean Frank to learn more.

Element Security: $5 Million Raised To Develop Proprietary Exploit Engine

By Amit Chowdhry ● Sep 25, 2024

Element Security is an innovative Israeli cybersecurity startup that has emerged from stealth mode after two and a half years to unveil its advanced Continuous Threat Exposure Management (CTEM) solution. Element Security announced it raised $5 million in funding from senior investors, including the Q Fund VC, Eddy Shalev, Danny Yamin (former CEO of Microsoft Israel), and Kobi Rosengarten (former General Partner at JVP).