Archives

Equality Health: Helping Independent Practices Adopt Valued-Based Care For Diverse Communities

By Amit Chowdhry ● Mar 28, 2024

Equality Health deploys a whole-person care model that helps independent practices adopt and deliver value-based care for diverse, underserved communities. The company is a leader in value-based care and is characterized as an “enabler” that offers tech, care coordination, and hands-on support to optimize practice performance under the new care delivery approach and payment model. Pulse 2.0 interviewed Equality Health SVP of Enterprise Product Claire Zimmerman to learn more about the company.

Nominal: $9.2 Million Raised To Bridge The Gap Between Costly ERP Systems

By Amit Chowdhry ● Mar 28, 2024

Nominal is a company tapping into generative AI to bridge the gap between outdated and costly ERP systems and the financial management needs of modern mid-market and multi-entity businesses. The company launched this week with $9.2 million in seed funding from Bling Capital and Hyperwise Ventures, with participation from Vela Partners, Incubate Fund, and executives at companies like Bill.com, Salesforce, Justworks, ServiceNow, and Intel.

Honeywell To Buy Italy-Based Civitanavi In €200 Million Deal

By Amit Chowdhry ● Mar 28, 2024

Honeywell announced it agreed to buy Civitanavi for €200 million. This deal is based on a €6.30 per-share bid, and it would combine the technologies of both companies to provide new opportunities for customers to enable autonomous operations.

CPS Energy Buying Gas Plants From Talen Energy In $785 Million Deal

By Amit Chowdhry ● Mar 28, 2024

PipeDreams: Home Services Provider Company Raises $25.5 Million

By Amit Chowdhry ● Mar 28, 2024

PipeDreams, a tech-enabled home services provider, announced $25.5 million in Series A funding led by Canvas Ventures and Plural. Angel investors include Tony Xu (the founder of DoorDash), Thomas Layton (the founder of CitySearch, former CEO of OpenTable, and Chairman of UpWork), and Allison Pickens (former COO at Gainsight). With this funding round, the company has raised $39 million total.

The Home Depot Buying SRS In $18.25 Billion Deal

By Amit Chowdhry ● Mar 28, 2024

The Home Depot announced today that it is acquiring SRS Distribution for $18.25 billion. This deal evidences The Home Depot's goal of driving sales by winning more business from roofers, contractors, and handy professionals.

Picogrid: Defense Technology Company Raises $12 Million

By Amit Chowdhry ● Mar 28, 2024

Baker McKenzie Relocating Funds Partner James Burdett To Abu Dhabi

By Amit Chowdhry ● Mar 27, 2024

Leading law firm Baker McKenzie announced the relocation of leading funds partner James Burdett from London to Abu Dhabi. This strategic move highlights the firm's commitment in further expanding and strengthening the transactional practice group within the Middle East and North Africa (MENA) region.

Align Capital Partners Launches Specialty Tax Platform

By Amit Chowdhry ● Mar 27, 2024

Align Capital Partners (ACP) announced the formation of a specialty tax consulting platform by acquiring Cost Segregation Services (CSSI) and TaxIncennovations. The company’s core services include cost segregation, research & development tax credits, and energy efficiency tax credit consulting services.

Walter Global Asset Management Invests In Saranac Partners

By Amit Chowdhry ● Mar 27, 2024

Walter Global Asset Management (Walter GAM) announced an investment in Saranac Partners. This independent European multi-family office delivers personalized advice across a broad spectrum of wealth management services to help ultra-high-net-worth individuals and families deploy/access capital.

Staffing Engine Raises Strategic Investment From LRS Healthcare

By Amit Chowdhry ● Mar 27, 2024

LRS Healthcare - a leading healthcare staffing services provider and part of the Jackson Healthcare family of companies - announced a strategic investment in Staffing Engine. Staffing Engine is an AI innovator for the staffing industry, developing the world’s first Recruiting Acceleration AI Platform for staffing firms.

Raymond James: $750 Million Financial Advisor Lynette Ancona Joins

By Amit Chowdhry ● Mar 27, 2024

Raymond James’ Florida regional director for RJA, Tim Killgoar, has welcomed financial advisor Lynette Ancona, MBA, CFP, CWS, to Raymond James & Associates (RJA), the firm's employee advisor channel, in Winter Park, Florida. As senior vice president of wealth management, Ancona heads up Raymond James' Ancona Wealth Management and is joined by client service associate Stephanie Gisler, MBA.

Storyteller Overland Receives Strategic Investment From L Catterton And Additional Investors

By Amit Chowdhry ● Mar 27, 2024

L Catterton announced a significant investment in Storyteller Overland, a leading innovator in adventure vehicle manufacturing. RX3 Growth Partners, Wheelhouse, and Virentes Partners Group are also joining L Catterton.

Inflexion Names Martin Preuss As Partner And DACH Head

By Amit Chowdhry ● Mar 27, 2024

Inflexion, a leading European mid-market private equity firm, announced the appointment of Martin Preuss as Partner and Head of DACH, which covers Germany, Austria, and Switzerland. Preuss will lead Inflexion’s investments in the region and build a team in Frankfurt, further strengthening Inflexion’s international presence.

Integrated Partners And WFY Partnering To Launch Wealth Management Unit

By Amit Chowdhry ● Mar 27, 2024

Integrated Partners, a national financial planning and registered investment advisory (RIA) firm managing over $12.7 billion in advisory assets, announced a new partnership with Wright, Ford, Young & Co. (WFY), Orange County, California's largest single-office accounting firm. This collaboration leads to the introduction of WFY Wealth Management.

Raymond James Adds $265 Million Financial Advisor Martin Lutschaunig

By Amit Chowdhry ● Mar 27, 2024

Raymond James has announced it has hired experienced financial advisor Martin Lutschaunig to Raymond James Financial Services (RJFS), the firm’s independent advisor channel. Alex David, Northeast division director for RJFS, revealed this executive hire. As the president of Lutschaunig Wealth Management in Yardley, Pennsylvania, Lutschaunig is being joined by branch manager Patricia Niles. Together, they serve various clients, including healthcare professionals, women investors, and retirees, with customized strategies and objective advice to help them achieve their financial goals. Lutschaunig, who comes from Janney Montgomery Scott, previously managed about $265 million in client assets.

Kogod School of Business Integrating AI Throughout Curriculum

By Amit Chowdhry ● Mar 27, 2024

The Kogod School of Business at American University announced that artificial intelligence (AI) is now being integrated into its academic curriculum and day-to-day practices. Over 20 new and updated courses will be fully rolled out in the fall 2024 semester, ensuring that incoming and existing Kogod students graduate with AI/ML expertise.

EPAM Buying Vates To Expand In Latin America

By Amit Chowdhry ● Mar 27, 2024

EPAM Systems, a leading transformation services and product engineering company, announced the acquisition of Vates S.A., an award-winning software development company with offices in Argentina and Chile. Vates will enhance EPAM's software development portfolio and diversify its Latin America delivery capabilities.

Be Fulfilled: Growth Funding Raised From Decathlon Capital

By Amit Chowdhry ● Mar 27, 2024

Be Fulfilled (a full-service platform that helps creators grow businesses) announced it had raised a significant investment from Decathlon Capital Partners. The details of the revenue-based investment were undisclosed.

Amazon Completes $4 Billion Investment In Anthropic

By Amit Chowdhry ● Mar 27, 2024

Amazon has completed its largest external investment in company history by placing a $2.75 billion tranche in Anthropic. Anthropic is one of the fastest-growing generative AI (GenAI) companies. It was founded by former OpenAI research executives and has built a chatbot called Claude, which competes against OpenAI/ChatGPT.

Fieldguide: AI-Based Advisory And Audit Services Company Raises $30 Million

By Amit Chowdhry ● Mar 27, 2024

InnovationForce: Ecosystem Relationship Management Company Raises Pre-Seed Round

By Amit Chowdhry ● Mar 27, 2024

InnovationForce – an Ecosystem Relationship Management (ERM) platform - announced an oversubscribed pre-seed funding round led by the Sondergaard Group with angel investments from the Skybridge Group, former Salesforce.com executive Jason Wild, and 13 HBS Alumni investors from six countries.

OpenPipe: LLM Fine-Tuning Company Secures $6.7 Million

By Amit Chowdhry ● Mar 27, 2024

OpenPipe – a company that enables developers to create their own application-specific Large Language Models (LLMs) - announced the closing of a $6.7 million seed round. This funding round was led by Costanoa Ventures, with participation from Y Combinator and prominent angel investors, including Logan Kilpatrick (former head of developer relations at OpenAI), Alex Graveley (creator of GitHub Copilot), and Tom Preston-Werner (co-founder of GitHub). This funding round will scale the team and accelerate the product.

Tacton: Solving Manufacturers’ Most Complex Product Configuration Problems In A $2+ Billion Market

By Amit Chowdhry ● Mar 27, 2024

Tacton is a leading SaaS company trusted by global manufacturers. Pulse 2.0 interviewed Tacton chief customer officer Nils Olsson to learn more about the company.

Viam: $45 Million Raised To Advance Software Platform For Smart Machines

By Amit Chowdhry ● Mar 27, 2024

Viam – a software platform for smart machines - announced that it has closed $45 million in Series B funding. This funding round includes participation from continuing investors, Union Square Ventures and Battery Ventures. Including this funding round, Viam has raised a total of $87 million.

Activeloop: Database For AI Company Raises $11 Million

By Amit Chowdhry ● Mar 27, 2024

Freight Farms: How This Company Is Transforming The $140+ Billion Controlled Environment Agriculture Industry

By Amit Chowdhry ● Mar 27, 2024

Freight Farms is an industry pioneer and global market leader of modular controlled environment agriculture, with more than 600 modular farms sold across 40 countries. The company’s diverse client portfolio includes hundreds of for-profit farmers and an expanding set of farmers in segments such as education, hospitality, healthcare, grocery, food banks, and non-profit community organizations. Pulse 2.0 interviewed Freight Farms CEO Rick Vanzura to learn more about the company.

Flexcar: Making Car Ownership Easier In A $100+ Billion Market

By Amit Chowdhry ● Mar 27, 2024

Flexcar is a car subscription company that empowers everyone with the flexibility to have a car without the hassles of traditional car ownership. Pulse 2.0 interviewed Flexcar chief operating officer (COO) Ryan Quinlan to learn more about the company.

Chiyo: Maternal Nutrition Company Closes $3 Million In Funding

By Amit Chowdhry ● Mar 27, 2024

Chiyo, a maternal nutrition company rewriting what care looks like from fertility through postpartum, announced the completion of a $3 million financing round led by Bread & Butter Ventures, Ingeborg, Union Heritage Ventures, Peterson Ventures, Detroit Venture Partners, Palette Ventures, and The Helm. With this funding round, the company has raised a total of $3.4 million to fuel its goal of better maternal nutrition.

Thread: Becoming A Central Platform For Managing Operations And Maintenance At Scale

By Amit Chowdhry ● Mar 27, 2024

Thread is a rapidly growing software-as-a-service provider for electric utilities and generation. Pulse 2.0 interviewed Thread CEO and founder Joshua Riedy to learn more about the company.