Archives

Carson Group announced that Foran Financial Group has joined its integrated advisor channel and will operate as a Carson Wealth location in Somerville, New Jersey. Foran Financial Group serves approximately $410 million in assets under management and joins Carson from LPL.

Sabey Corporation and National Real Estate Advisors announced that Ares Secondaries funds have expanded their investment in Sabey Data Center Properties, bringing Ares’ total commitment to the data center platform to more than $500 million.

A University of Maryland-led project received a $17.3 million National Science Foundation award to create an AI-powered and remotely accessible laboratory for biomanufacturing research. The four-year initiative, called the Collaborative for the Realization of Autonomous Biomanufacturing Lab, or CRAB Lab, will combine artificial intelligence, robotics, automation, and real-time biological measurements.

Michael Jordan made a $10 million commitment to the University of North Carolina School of Social Work in honor of his mother, Deloris P. Jordan. The donation represents the largest single gift in the School of Social Work’s history.

Watson Farley & Williams has deployed SwiftConnect’s mobile access technology at its new London headquarters at 25 Moorgate, moving more than 450 lawyers and staff to mobile-only workplace credentials.

Beam Global entered into a definitive agreement to acquire ScoutDI for about $24 million, creating a vertically integrated drone platform for industrial, commercial, government, and defense markets. Beam Global will pay the purchase price through a combination of cash and Beam Global common stock.

Mecka raised $60 million in Series B funding led by Sequoia Capital to scale its robotics data infrastructure, expand its research efforts, and grow commercial robot deployments. New investors in the round include NVIDIA, M12, Microsoft’s venture fund, Qualcomm Ventures, and Samsung, with continued participation from Kindred, Framework Ventures, and Neo. The round also included angel investors such as Tony Xu, founder and CEO of DoorDash; Frank Slootman, former CEO of ServiceNow and Snowflake; and Milan Kovac, former head of Optimus at Tesla.

Wally raised $25 million in Series A funding to expand its subscription-based dental platform and grow from 15 locations to 100 by the end of 2027. The round was led by Maveron, with participation from Bling Capital and angel investors including Jack Abraham, co-founder of Hims.

Spectrum Equity closed Fund XI with $2.5 billion in commitments in an oversubscribed single close, marking the largest fund in the growth equity firm’s history. Founded in 1994, Spectrum has now raised more than $12.5 billion across its 11 main funds.

The Mather Group announced a partnership with Legacy Consulting Group, a Plano, Texas-based wealth management firm with more than $400 million in assets under management. The partnership expands The Mather Group’s presence in the Dallas-Fort Worth market while bringing Legacy’s Financial Life Planning approach and nearly three decades of experience into TMG’s broader wealth management platform.

SEI entered into an agreement with Intercontinental Exchange to integrate with ICE ETF Hub, expanding the infrastructure supporting its exchange-traded product order management capabilities.

Harness announced the acquisition of select Augment Code assets, including Cosmos, Auggie CLI, the Code Context Engine, and related technology, as part of its push to make the software development lifecycle increasingly autonomous. The team behind those products will also join Harness.

Centrical is the AI Orchestration System for the hybrid frontline, where people and AI agents play as one team. Across sales, service, and operations, Centrical turns business goals into adaptive performance programs, building and running the KPIs, learning, coaching, simulations, and challenges needed to turn strategy into frontline behavior. The system connects these in one continuous loop, adjusting as performance and behavior change so organizations move from strategy to execution faster, while people remain in control of the decisions and judgment that matter. Pulse 2.0 interviewed Centrical Founder and CEO Gal Rimon to learn more about the company’s origins, its approach to frontline performance, and how agentic AI is changing workforce management. 

Docusign has introduced Docusign PDF Editor, a new desktop application that brings PDF creation and editing capabilities directly into the company's Intelligent Agreement Management platform. The new offering is designed to connect document preparation with Docusign's existing signature and post-signature agreement management workflows. 

BRG announced that Maurice Berbel has joined the firm’s Financial Institution Advisory practice as a Managing Director on its Operations & Technology Transformation team.

Hightower Advisors announced that Synergy Capital Solutions has joined Hightower Signature Wealth, adding approximately $1 billion in assets under management to the platform.

Automation Anywhere entered into a definitive agreement to acquire Boost.ai from Nordic Capital, expanding its agentic automation platform into customer-facing conversational and voice AI.

LPL Financial announced that financial advisor Brad Jerome of Legacy Financial Group has joined its broker-dealer and Registered Investment Advisor platforms. Jerome reported serving approximately $175 million in advisory, brokerage, and retirement plan assets and joins LPL from Osaic.

Arrive completed its acquisition of Passport, combining the companies’ mobility and curbside management technologies to create a broader digital platform for cities preparing for autonomous transportation.

Outro, a New York-based healthcare company focused on helping patients discontinue psychiatric medications, has raised $7 million across pre-seed and seed rounds to expand its deprescribing platform, grow its clinician network, develop AI-supported workflows, and expand into additional medication categories. The financing included participation from Listen Ventures, Cake Ventures, Jason Calacanis’s LAUNCH, Actions Capital, Hannah Grey Ventures, SemperVirens, Brock Recovery Group, and Pave Health Ventures, as well as additional investors. 

Spellbook is the leading AI infrastructure for contract workflows that is deeply integrated into Microsoft Word and Google Docs and supports contract drafting, review, negotiation, and transactional workflows, saving teams upwards of 84% on contract reviews or a full day per week on average. The company launched the first generative AI tool for lawyers in 2022 and now serves more than 5,000 in-house teams and law firms across 80 countries. Pulse 2.0 interviewed Spellbook Co-Founder and CEO Scott Stevenson to learn more about the company's growth, its $40 million debt financing from RBCx, acquisition strategy, legal AI market consolidation, and plans to reach $100 million in annual recurring revenue.

Brain-Body Therapy is a mental wellness platform that combines evidence-based movement protocols with counseling-informed guidance to help people manage anxiety, depression, stress, and burnout. The platform centers on structured exercise programs that integrate physical movement with therapeutic themes, education, and reflection, with the goal of making exercise a more practical and accessible mental health tool. Pulse 2.0 interviewed Brain-Body Therapy Founder and CEO Rio Wilson to learn more about the company's origins, its approach to connecting exercise with mental wellness, and its plans to expand the platform.

MiNDED is a science-backed brain health company focused on proactive, accessible approaches to long-term cognitive wellness. Founder and CEO Sydney Scotia created the company after her own experiences with migraine and persistent head discomfort led her to explore ways people could take a more active role in supporting their brain health. Scotia developed MiNDED's Migra-Health alongside her father, David Dodick, Head of Medicine at Atria. The product combines six research-backed ingredients and is designed to support people who experience recurrent head discomfort, headaches, and migraines. MiNDED has also expanded its focus around brain health education and community, and recently launched on Amazon. Pulse 2.0 interviewed Scotia to learn more about her background, the development of MiNDED, and her vision for building a broader platform around brain health.

Docupace is a wealth management operations platform designed to reduce friction between advisors, clients, and the back office. Its capabilities span digital onboarding, document and workflow management, client data gathering, data integration, compliance, and supervisory workflows. Ryan George joined Docupace in 2020 and currently serves as Chief of Staff, helping guide strategic initiatives, M&A, organizational operations, and the company's next phase of growth. Pulse 2.0 interviewed Docupace Chief of Staff Ryan George to learn more about the company's evolution, AI strategy, wealth management technology, and vision for an "Autonomous Practice."

Sheridan Capital Partners closed Sheridan Capital Partners Fund IV at its $1.1 billion hard cap and separately raised $245 million for its first dedicated healthcare IT fund.

Rein Security, an AI-native runtime security platform focused on enterprise AI agents, raised $25 million in Series A funding, bringing its total funding to $35 million. The round was co-led by Glilot Capital and Sienna Venture Capital, with participation from Corner Ventures, Atlacle, and RNP Capital Advisors.

BlueVoyant, a cybersecurity company focused on protecting organizations across internal environments, supply chains, and external digital attack surfaces, announced the appointment of John Hultman as Chief Revenue Officer.

Voyager Technologies, a defense technology and space solutions company, announced the appointment of Patrick Yarborough as Vice President of Investor Relations, effective immediately.

Xiid is a cybersecurity company focused on zero-trust connectivity, post-quantum security, AI-driven environments, and critical infrastructure. Its flagship Terniion platform is designed to eliminate inbound listening ports and keep protected resources non-addressable from the public internet. Pulse 2.0 interviewed Xiid CEO and Co-Founder Steve Visconti to learn more about the company's security architecture, the evolution of Terniion, and its approach to securing AI and critical infrastructure.

Backbase has launched Conversational Banking in general availability, an agentic AI offering that lets bank customers and employees use natural-language conversations to initiate and complete banking tasks while operating within institution-defined permissions, policies, and approval requirements.