Archives

Headway: $100 Million In Series D Closed At $2.3 Billion Valuation To Build New Mental Healthcare System

By Amit Chowdhry ● Jul 25, 2024

Headway, a company building a new mental healthcare system, announced a $100 million Series D funding round and its planned expansion to Medicare Advantage and Medicaid. These developments will enable clinicians on the platform to scale their practices and provide affordable and effective mental health care to a broader and more diverse community of patients, including seniors, low-income Americans and individuals living with disabilities. This recent funding values the company at $2.3 billion, which is a 130% increase from its previous valuation.

Momentum: Customer Intelligence Company Secures $13 Million In Series A Funding

By Amit Chowdhry ● Jul 25, 2024

Momentum, the customer intelligence platform that enables enterprise listening and automation, announced that it has raised $13 million in Series A funding led by FirstMark Capital with participation from Stage 2 Capital. This brings Momentum's total funding to $18 million. The existing Momentum investors, including Basis Set Ventures and Leadout Capital, also participated in the round.

Halo Industries: Laser Manufacturing Technology Company Raises $80 Million In Series B

By Amit Chowdhry ● Jul 25, 2024

Halo Industries, a creator of a laser manufacturing technology platform for the semiconductor industry, announced it raised up to $80 million in its oversubscribed Series B funding round.

Joy: Parenting Tech Platform Company Raises $10 Million In Series Seed Funding

By Amit Chowdhry ● Jul 25, 2024

Joy, a new parenting tech platform offering 24/7 expert-led support for parents, announced it raised $10 million in seed funding led by Forerunner. Other investors include Magnify Ventures, David Heller, Wesley Capital, Obvious Ventures, Ogden Cap, Maywic, Rogue Venture Partners, and WTI. Eurie Kim, managing partner at Forerunner, is joining the Joy board.

Aurora Hydrogen: Over $4 Million Raised From Natural Resources Canada And NGIF Accelerator

By Amit Chowdhry ● Jul 25, 2024

Aurora Hydrogen, an Edmonton-based hydrogen technology company, was awarded $3 million in funding from Natural Resources Canada (NRCan) and $1+ million from the NGIF Accelerator to scale its production of low-carbon / low-cost hydrogen and advance the maturity of its technology for piloting and commercialization.

Wells Fargo: Economic Impact From Open For Business Fund Revealed

By Amit Chowdhry ● Jul 25, 2024

Wells Fargo has shared the latest community impact of the company’s Open for Business Fund, a roughly $420 million national small business recovery effort to help those hardest hit during and after the COVID-19 pandemic. Launched in 2020, the grantees report the Open for Business Fund has now benefited more than 336,000 small businesses, enabling them to keep or create more than 461,000 jobs in communities nationwide.

Agellus Capital: Inaugural Fund Closed At $400 Million

By Amit Chowdhry ● Jul 25, 2024

Agellus Capital—a lower middle-market private equity firm focused on partnering with essential and non-discretionary services companies—announced the final closing of its debut fund, Agellus Capital Private Equity Fund I, with total limited partner capital commitments of $400 million.

World Investment Advisors Brings In $3.5 Billion Boston Harbor Wealth Advisors Team

By Amit Chowdhry ● Jul 25, 2024

Leading financial advisory firm World Investment Advisors (formerly Pensionmark) announced that it has acquired Boston Harbor Wealth Advisors (BHWA), an independent financial services firm located in Westborough, Massachusetts. Specializing in comprehensive financial planning and goal-oriented investment management for individuals, families and businesses, BHWA has more than $3.5 billion in assets under management (AUM), 76 team members, and 15 offices across the Northeast and Ohio.

HexClad Raises $100 Million Strategic Investment From Studio Ramsay Global

By Amit Chowdhry ● Jul 25, 2024

HexClad, a premium kitchenware brand, announced a strategic $100 million investment from Studio Ramsay Global. Studio Ramsay Global is a successful partnership between multi-Michelin-starred Chef Gordon Ramsay and FOX Entertainment. This deal comprises a combination of cash and media commitments.

Prospera Brings In $115 Million Up The Graph Team

By Amit Chowdhry ● Jul 25, 2024

Prospera Financial Services - a boutique wealth management firm supporting a nationwide network of independent advisors - announced that Up the Graph Financial Group of Irvine, California, has joined its platform. The firm, which is led by Garrick Updegraph, has about $115 million in assets under management (AUM).

Matera: $100 Million Investment Raised From Warburg Pincus

By Amit Chowdhry ● Jul 25, 2024

Matera, a leading banking software provider, announced a $100 million investment from Warburg Pincus. This funding will expand the company into the North American market and further develop its products.

Antheia: Pharmaceutical Ingredient Producer Secures $17 Million In New Funding

By Amit Chowdhry ● Jul 25, 2024

Antheia, the pharmaceutical ingredient manufacturer transforming essential medicine supply chains, announced $17 million in new funding through a government project agreement through the Biopharmaceutical Manufacturing Preparedness Consortium (BioMaP-Consortium), along with matching support from new strategic investors.

akirolabs: ProcureTech Company Extends $5 Million Seed Round With 7-Digit Grant

By Amit Chowdhry ● Jul 25, 2024

akirolabs - a Berlin-based ProcureTech company enabling enterprises worldwide to augment strategic procurement processes - announced an extension to its recent $5 million seed funding with an additional 7-digit non-dilutive grant from Investitionsbank Berlin and the European Regional Development Fund (ERDF).

Micropep: Micropeptide Technology Leader Raises $29 Million

By Amit Chowdhry ● Jul 25, 2024

Micropep Technologies - a global leader in micropeptide technology, announced today a $29 million Series B funding round along with its proprietary discovery platform Krisalix. This funding round was led by Zebra Impact Ventures, and BPI Green Tech Investment. All existing investors, Fall Line Capital, FMC Ventures, Sofinnova Partners, Supernova Invest, and IRDI Capital Investissement also participated. This brought the company’s total funding to over $51.8 million.

Avantax Adds $150 Million S&P Financial Services Team

By Amit Chowdhry ● Jul 25, 2024

Avantax - a unique community within Cetera Holdings and a leader in tax-focused financial planning and wealth management - announced it welcomed financial advisors John Surace, Kelly Powers and their S&P Financial Services team (based in Hauppauge, New York in the heart of Long Island). And transferring to Avantax from Osaic, the team has approximately $150 million in client assets under administration as of June 2024.

Serenus Wealth Advisors Launched By $1.2 Billion Team

By Amit Chowdhry ● Jul 25, 2024

Kara Boccella (a seasoned wealth advisor) and Devon Galindo, CFP, ChFC, AIF (a wealth advisor with 15+ years of experience serving high-net-worth clients) announced the launch of Serenus Wealth Advisors. The Santa Monica-based independent firm is focused on serving as a trusted partner for legal professionals, executives, entrepreneurs, and high-net-worth individuals and families nationwide.

Hanger Ventures Reveals Bionic Power As Inaugural Investment

By Amit Chowdhry ● Jul 25, 2024

Hanger Ventures (a Hanger, Inc. business whose primary objective is to advance orthotics and prosthetics innovation and improve patient outcomes) announced its debut investment in Canadian-based firm Bionic Power. As a developer of active lower body smart orthotic devices that enhance personal mobility, Bionic Power is raising Series A Round funding with Hanger Ventures committing as the lead investor.

Lario Therapeutics Receives $6 Million Grant From Michael J. Fox Foundation

By Amit Chowdhry ● Jul 25, 2024

Lario Therapeutics - a biopharmaceutical company developing first-in-class precision medicines for epileptic and neurological disorders - announced it has been awarded a $6 million grant from The Michael J. Fox Foundation for Parkinson’s Research (MJFF). This program is in collaboration with the Oxford Parkinson’s Disease Centre, which will also be delivering key science as part of the grant.

Juno: Child Disability Insurance Company Raises $8.5 Million

By Amit Chowdhry ● Jul 25, 2024

Juno - the first company in the U.S. to provide child disability insurance - announced it has closed an $8.5 million Series A led by Spero Ventures with participation from Floating Point, Newark Ventures, and WVV Capital, bringing its total capital raised to $12.5 million.

Bregal Sagemount Closes Inaugural Small-Cap Fund At $500 Million

By Amit Chowdhry ● Jul 25, 2024

Growth-focused private equity firm Bregal Sagemount announced the successful closing of its inaugural small-cap fund, Bregal Sagemount Basecamp I at $500 million. This fund closed at its target and hard cap, inclusive of strong support from existing limited partners, several new institutional investors, and a significant GP commitment.

Ani.VC: Pet-Focused Fund Launches With Goal Of Deploying $35 Million Over 3 Years

By Amit Chowdhry ● Jul 25, 2024

Ani.VC, an early-stage venture fund for pets, has launched with an inaugural investment into DOG PPL, a canine social club expanding from its base in Los Angeles. This independent fund is focused on the more than $540 billion pet and animal health market, including veterinary health, therapeutics and technologies, nutrition and consumables, and pet longevity. And it will deploy $35 million over the next three years into companies across the US, Europe, and Asia.

Cetera Brings In $325 Million AUA Team

By Amit Chowdhry ● Jul 25, 2024

Cetera Financial Group announced that a nine-person team doing business as Rally Wealth and Benefits has joined Summit Financial Networks. The firm (led by President Bruce Glenn) and his daughter Managing Partner Kristina Strickland provide comprehensive financial planning and investment advice to clients and had over $325 million in assets under administration as of March 1, 2024.

OXIO: An Interview With CEO Nicolas Girard About This Rapidly Growing TaaS Platform

By Amit Chowdhry ● Jul 25, 2024

OXIO is the first cloud-native Telecom-as-a-Service (TaaS) platform that empowers any brand or enterprise to embed connectivity into its offering without the constraints of legacy telecom. To learn more, Pulse 2.0 interviewed OXIO CEO Nicolas Girard.

Aionic Digital: How This Company Is Automating Functions In Information Migrations

By Amit Chowdhry ● Jul 25, 2024

Aionic Digital is a company focused on software development and systems integration that is uniquely positioned to utilize its industry experience to develop practical solutions combined with expert consulting to maximize the value of its clients' investments. Pulse 2.0 interviewed Aionic Digital CEO Yaron Benjamin to learn more about the company.

Persistent Systems: An Interview With SVP And GM Ganesh Nathella About This Digital Engineering Company

By Amit Chowdhry ● Jul 25, 2024

Persistent Systems is a digital engineering and enterprise modernization company utilizing deep technical expertise to help clients stay ahead. Pulse 2.0 interviewed Persistent’s Senior Vice President & General Manager – Global Lead, Healthcare and Life Sciences Business Ganesh Nathella to learn more about the company.

CharmHealth: Providing Cloud-Based Solutions For Practice Management, Clinical Care, And Patient Engagement

By Amit Chowdhry ● Jul 25, 2024

CharmHealth is a company that developed a suite of products for providers that were built to address the application of cloud and mobile technologies for managing healthcare practices. Pulse 2.0 interviewed CharmHealth founder and CEO Pramila Srinivasan to learn more about the company.

Terance Takyi: An Interview On Breaking Barriers In Finance and Music

By Amit Chowdhry ● Jul 25, 2024

CW Advisors Acquiring New Jersey-Based RIA Mercadien Asset Management

By Amit Chowdhry ● Jul 25, 2024

CW Advisors (CWA) announced the acquisition of Mercadien Asset Management, an RIA located in Hamilton, New Jersey. The terms of the deal were not disclosed.

USA Cares Raises $2 Million From Commonwealth Of Kentucky

By Amit Chowdhry ● Jul 25, 2024

USA Cares announced that it was granted $2 million in funding from the Commonwealth of Kentucky. This allocation will be essential in providing financial hardship assistance to veterans across Kentucky, ensuring those who have served our country receive the support they deserve.

Linx: Modern Identity Security Company Raises $33 Million

By Amit Chowdhry ● Jul 24, 2024

Linx Security, a modern identity security and governance solutions company, emerged from stealth and announced that it has raised $33 million in funding. The funding round was led by Index Ventures and Cyberstarts, with investors also including entrepreneurs Mickey Boodaei (Imperva, Trusteer, Transmit) and Rakesh Loonkar (Trusteer, Transmit), and Cerca Partners and Knollwood Investment Advisory.