Archives

Found Energy: $12 Million Closed To Build Industrial Decarbonization Solutions

By Amit Chowdhry ● Apr 20, 2024

Found Energy, a company building industrial decarbonization solutions that tap into the embodied energy of aluminum, announced an oversubscribed seed round of $12 million. The round included investments from KOMPAS VC, Munich Re Ventures, Good Growth Capital, the Autodesk Foundation, J-Impact, GiTV, Massachusetts Clean Energy Center (MassCEC), and Glenfield Partners.

Raymond James Brings In $130 Million Financial Advisor

By Amit Chowdhry ● Apr 20, 2024

Raymond James’ California regional director for the firm's employee advisor channel Raymond James & Associates (RJA ) John Simmons announced it has welcomed financial advisor Taimur "Tam" Baig to RJA in San Diego

DLA Piper Names Rita Piel As Partner In The Corporate Practice

By Amit Chowdhry ● Apr 20, 2024

DLA Piper announced Baltimore-based Rita Piel as the newest partner in the firm’s Corporate Practice. Piel advises startups to Fortune 100 companies on business, intellectual property (IP), and technology law.

Hatch: Donor Engagement Solutions Company Raises $3 Million

By Amit Chowdhry ● Apr 20, 2024

Hatch, a leading provider of AI-powered donor engagement solutions for nonprofits, has secured $3 million in seed funding. Differential Ventures led the round, and participants included Character, Howard Morgan, and notable angel investors. This brings Hatch's total funding to date to $5 million.

Raymond James Adds $170 Million Financial Advisor Team In Indiana

By Amit Chowdhry ● Apr 20, 2024

Raymond James’ Midwest division director for the firm’s independent advisor channel Raymond James Financial Services (RJFS), David Sisemore, announced that the firm has recently welcomed financial advisors Jefferson Hankins, CFP, and Kurt Boggs, CFP, to RJFS. These advisors are founders of Hankins & Boggs Group, a Reynolds Wealth Management branch in Warsaw, Indiana.

Condoit: Electrician-First Platform Company Secures $4.25 Million

By Amit Chowdhry ● Apr 20, 2024

Condoit, a leading platform for digitizing the electrical industry, announced it had closed a $4.25 million seed round led by The Westly Group with participation from Fontinalis Partners, Navitas Capital, C2 Ventures, Studio Management, and a strategic investment by leading global wire and cable manufacturer, Southwire.

Hometree: Funding Raised From BlackRock And Renewable Installers Acquired

By Amit Chowdhry ● Apr 20, 2024

Hometree, a rapidly growing residential energy services company, announced it had secured its first debt facility from funds and accounts managed by BlackRock. This is a major step in its mission to support the decarbonization of millions of homes across the UK.

White & Case Adds Sophia Habbe As A Partner In Germany

By Amit Chowdhry ● Apr 20, 2024

Global law firm White & Case LLP expanded its White Collar Practice by adding Sophia Habbe as a partner based in Frankfurt. Sophia advises German and international companies on complex regulatory, criminal, and internal investigations and on-process and crisis management post-investigation.

Nava Health: Holistic Health And Treatment Center Company Raises Funding From Decathlon Capital

By Amit Chowdhry ● Apr 20, 2024

Nava Health, a group of holistic health and treatment centers focused on integrative medicine, announced it has landed a multi-million dollar investment package from Decathlon Capital Partners. The details of the revenue-based funding transaction were not disclosed.

Avive Solutions: Advanced Connected Automated External Defibrillator Company Raises $56.5 Million

By Amit Chowdhry ● Apr 20, 2024

Avive Solutions, developer of the world's most advanced connected automated external defibrillator (AED)—the Avive Connect AED—announced the closing of a $56.5 million growth equity funding round. This funding round was led by Questa Capital, Laerdal Million Lives Fund (LMLF), and Catalyst Health Ventures and brought in several new investors, including RC Capital and Eckuity Capital.

TIFIN: Rob Pettman Named As Chief Revenue Officer And President

By Amit Chowdhry ● Apr 20, 2024

TIFIN, a leading AI and innovation platform for wealth, announced the appointment of Rob Pettman as its Chief Revenue Officer and President. In this new role, Pettman will report directly to TIFIN's Founder and CEO, Dr. Vinay Nair.

Arsenal Capital Partners Names Raymond H. Hill As Operating Partner

By Amit Chowdhry ● Apr 20, 2024

Hill was most recently chairman and CEO of CorEvitas. Hill built CorEvitas into an industry leader that provides real-world evidence to assess the safety and clinical effectiveness of therapies in autoimmune and inflammatory-mediated diseases.

Metsera: $290 Million Secured To Develop Medicines For Obesity And Metabolic Diseases

By Amit Chowdhry ● Apr 20, 2024

Metsera, a clinical-stage biopharmaceutical company advancing the next generation of medicines for obesity and metabolic diseases, announced its launch this week. And Metsera also announced it raised $290 million in funding led by ARCH Venture Partners with participation from other leading healthcare investors, including F-Prime Capital, GV, Mubadala Capital, Newpath Partners, SoftBank Vision Fund 2, and other undisclosed investors.

Veesual: Virtual Try-On Platform Company Raises $7.5 Million

By Amit Chowdhry ● Apr 20, 2024

Veesual, a Paris-based virtual try-on platform for the fashion industry that transforms how online shoppers experience digital retail, announced the closing of a $7.5 million seed round led by AXA Venture Partners (AVP) and Techstars.

Janney Brings In $600 Million Shore To Shore Private Wealth Team

By Amit Chowdhry ● Apr 20, 2024

Janney Montgomery Scott, a leading full-service wealth management, capital markets, and asset management firm, announced the addition of Shore to Shore Private Wealth in Lewes, Delaware. The Shore to Shore team is headed by Financial Advisor Michael Koppenhaver, Executive Vice President/Wealth Management. And he is joined by Account Executive Susan Damask, Senior Registered Client Relationship Associate Amy Gibson, and Private Client Associate April E. Smith. The team previously worked with Merrill Lynch.

Vorlon: Third-Party API Security Company Closes $15.7 Million

By Amit Chowdhry ● Apr 20, 2024

Vorlon, a leading platform for comprehensive third-party API security, announced it has raised $15.7 million in capital to further its efforts to help CISOs and their security teams proactively secure the third-party APIs their organizations consume. Accel leads this Series A round with additional support from Shield Capital and others.

Kontakt.io: Inpatient Journey Analytics Company Closes $47.5 Million

By Amit Chowdhry ● Apr 20, 2024

Kontakt.io, a leading provider of Inpatient Journey Analytics, announced a Series C investment of $47.5 million, led by Growth Equity at Goldman Sachs Asset Management. This funding round will support the company’s growth and expansion of Artificial Intelligence (AI) solutions.

Altair Buying Modern Data Fabric Provider Cambridge Semantics

By Amit Chowdhry ● Apr 20, 2024

Altair, a global leader in computational intelligence, acquired Cambridge Semantics, a modern data fabric provider and creator of leading analytical graph databases. And Cambridge Semantics' graph-powered data fabric technology accelerates the creation of comprehensive enterprise knowledge graphs, integrating the complex web of structured and unstructured enterprise data into a single, simplified view.

Volo Sports Raises Strategic Growth Investment From Manhattan West

By Amit Chowdhry ● Apr 20, 2024

Manhattan West, a strategic investment firm offering an integrated platform of investments and services, announced that Manhattan West Private Equity completed its growth equity investment in Volo Sports (Volo). Launched in 2010 as a 16-person bocce league in Baltimore, Maryland, Volo is the premier provider of community-focused and tech-enabled adult social sports and curated events in major cities across the U.S.

LPL Brings In $170 Million Financial Advisor

By Amit Chowdhry ● Apr 20, 2024

LPL Financial announced that financial advisor Philip Nation, CFP, ChFC, CLU, has joined its broker-dealer, RIA, and custodial platforms, aligned with existing firm Founders Financial Alliance. He reported serving about $170 million in advisory, brokerage, and retirement plan assets and joined LPL from Ameriprise Financial.

Anvilogic: Multi-Data Platform SIEM Company Secures $45 Million

By Amit Chowdhry ● Apr 20, 2024

Anvilogic, the industry's first multi-data platform SIEM, announced closing a $45 million Series C funding round, bringing its total funding to date to $85 million since being founded in 2019. This funding round was led by Evolution Equity Partners, with participation from existing investors Foundation Capital, Cervin Ventures, Myriad Ventures, Point72 Ventures, Outpost Ventures, Stepstone Group, and G Squared.

Verne: Hydrogen Storage Systems Company Raises $15.5 Million In Total Funding

By Amit Chowdhry ● Apr 20, 2024

Verne, a leading developer of high-density hydrogen storage systems, announced a strategic fundraising led by Trucks Venture Capital, with participation from existing investors Collaborative Fund and Amazon’s Climate Pledge Fund, and new investors United Airlines Ventures Sustainable Flight Fund and Newlab.

LunaJoy Health: Holistic Women’s Therapy Company Secures $4.2 Million

By Amit Chowdhry ● Apr 20, 2024

To expand the company's capabilities and close disparities in maternal health care, LunaJoy Health announced the launch of its novel integrated care program, LunaCare, to improve outcomes in maternal mental health. Supported by $4.2 million in new funding, the company received support from a distinguished group of investors, including Y Combinator, FoundersX Fund, Goodwater Capital, Magic Fund, VentureSouq, Nurture Ventures, NorthSouth Ventures, seasoned healthcare angels, and others.

Arcline Completes $1.8 Billion Acquisition Of Kaman

By Amit Chowdhry ● Apr 20, 2024

Kaman Corporation announced the completion of its acquisition by Arcline Investment Management, L.P. in an all-cash transaction with a total enterprise value of approximately $1.8 billion. This deal was announced on January 19, 2024, and was approved by Kaman shareholders on April 17, 2024.

Xfactor.io: AI-Based Revenue Platform Company Secures $16 Million

By Amit Chowdhry ● Apr 19, 2024

Xfactor.io, an AI-based revenue platform, announced a $16 million Series A round co-led by Accel and XFactor.io CEO and founder Mike Carpenter, with participation from Lightspeed and others. Formerly, Carpenter was the President of Global Sales and Field Operations at CrowdStrike, responsible for significant business growth leading to its IPO in 2019. With a career spanning 25 years at McAfee, helping lead its acquisition by Intel, Tanium, and CrowdStrike, Carpenter is an expert in the field.

AgentSmyth: Leading Agent Firm Raises $2.5 Million

By Amit Chowdhry ● Apr 19, 2024

AgentSmyth, a company co-founded in New York in March 2024 by technologist Pulkit Jaiswal and Wall Street experts Daniel McCooey and Mike Block, announced it has launched AI agents that enhance financial analysis. AgentSmyth raised $2.5 million in seed funding from notable industry experts like Michael Rafferty, CEO of Rafferty Holdings and investor in fintech companies, and Craig Milias, former portfolio manager of Platte River Capital.

ClaimScore: Claim Validation Software Company Raises $3.15 Million

By Amit Chowdhry ● Apr 19, 2024

ClaimScore, a first and only provider of AI-based real-time claim validation software, announced the closing of a $3.15 million seed funding round led by ROC Venture Group.

Uniqus Consultech: ESG And Accounting & Reporting Consulting Company Secures $10 Million

By Amit Chowdhry ● Apr 19, 2024

Uniqus Consultech, a tech-enabled platform that offers ESG, accounting, and reporting consulting, announced that it had raised $10 million in Series B funding. Nexus Ventures led this funding round, which was participated in by Sorin Investments.

Tillman Networks: $80 Million In Revolving Credit Facilities Closed

By Amit Chowdhry ● Apr 19, 2024

Redaptive: Energy-As-A-Service Company Raises $225 Million

By Amit Chowdhry ● Apr 19, 2024

Redaptive, an Energy-as-a-Service (EaaS) leader, announced it secured $225 million in a warehouse financing facility from ATLAS SP Partners (ATLAS SP). This funding will expand Redaptive's data-enabled platform by adding new Equipment Financing solutions for its customers, primarily commercial and industrial businesses, to install energy-saving and energy-generating equipment with more flexible terms.