Archives

Edelman Financial Buying $426 Million Firm Cahill Wealth Management

By Amit Chowdhry ● May 15, 2025

Investment advisory firm Edelman Financial Engines (EFE) is buying Cahill Wealth Management. Based in Kalamazoo, Michigan, Cahill Wealth Management is an investment advisory firm managing approximately $426 million for 125 clients.

Ben Marchionna: Interview With Michigan’s First Chief Innovation Ecosystem Officer

By Amit Chowdhry ● May 15, 2025

Ben Marchionna serves as the State of Michigan's first-ever Chief Innovation Ecosystem Officer within the Michigan Economic Development Corporation (MEDC). And his goal is to lead the supercharging of Michigan's innovation economy, leading strategy, building connective tissue, and driving bold action across founders and their startups, investors, universities, corporations, and government. Pulse 2.0 interviewed Ben Marchionna to learn more about his roles.

Interview With Syniti CEO Kevin Campbell About The Enterprise Management Software Company

By Amit Chowdhry ● May 15, 2025

Syniti, part of Capgemini, creates enterprise management software for complicated data transformations. Following its acquisition by Capgemini, at the end of 2024, the team will reinforce the Group’s data-driven digital core business transformation services, notably large-scale SAP transformations, such as the move to SAP S/4HANA, Pulse 2.0 interviewed Syniti CEO, Kevin Campbell, to learn more about the company.

Theom: $20 Million Series A Raised For Transforming Data Governance And Security

By Amit Chowdhry ● May 15, 2025

Theom, an AI-native Data Operations Center (DOC) platform that automates AI and data governance and security, announced it has raised $20 million in Series A funding. Wing VC led the round, which also included Sentinel One, Snowflake, and Databricks.

Mayer Brown: Ella-Marie Smith, Jasjit Vidwan, And David Kreisler Join As Partners

By Amit Chowdhry ● May 15, 2025

Law firm Mayer Brown recently announced several notable hires as partners, including Ella-Marie Smith (Real Estate Markets), Jasjit Vidwan (IP), and David Kreisler (Global Private Funds and Investment Management).

Kanoo Pays: Interview With Founder & Chairman Nicholas Rees About The Digital Wallet Company

By Amit Chowdhry ● May 15, 2025

Kanoo is a Super App that connects businesses with users and offers an integrated digital wallet, allowing you to send and receive money anywhere in The Bahamas. With Kanoo, transactions are no longer a hassle. Our digital wallet is a safer and more convenient cashless option. Pulse 2.0 interviewed Kanoo Pays founder and Chairman Nicholas Rees to learn more about the company.

Olio: $11 Million B Round Raised For Streamlining Care Coordination Platform

By Amit Chowdhry ● May 15, 2025

Olio, a leading software platform streamlining care coordination, announced the closing of an $11 million Series B funding round. The funding round was led by Fulcrum Equity Partners with participation from Mutual Capital Partners (MCP).

Church & Dwight Buying Touchland Brand For Up To $880 Million

By Amit Chowdhry ● May 15, 2025

Church & Dwight announced it has signed a definitive agreement to acquire the Touchland brand for $700 million at closing, consisting of cash and Church & Dwight restricted stock, and a payment up to $180 million contingent on the achievement of Touchland’s 2025 net sales for a total purchase price of up to $880 million.

Polar Asset Management Partners Buying Castlefield Associates

By Amit Chowdhry ● May 15, 2025

Polar Asset Management Partners (a leading multi-strategy hedge fund manager based in Toronto) announced that it acquired Castlefield Associates. Castlefield is a relative value systematic futures hedge fund manager founded in 2019 by Chris Schindler and partners.

TSG Consumer To Buy EoS Fitness

By Amit Chowdhry ● May 15, 2025

TSG Consumer Partners (a leading specialist private equity firm focused exclusively on the consumer sector) announced it has signed a definitive agreement to buy EoS Fitness, a leading US operator of High Value. Low Price. (HVLP) gyms. And EoS Chief Executive Officer Rich Drengberg will continue to head the company with his tenured leadership team and will retain a vested interest in the go-forward company.

Convergint Buying Fiber Solutions To Expand Security And AV Business

By Amit Chowdhry ● May 15, 2025

Convergint, a leader in service-based systems integration, announced the acquisition of Fiber Solutions. This leading integrator specializes in designing, installing, and maintaining fiber optic, structured cabling, electronic security, and audio/video networks. Based in Fort Myers, Florida, with operations in Nashville, Tennessee, Fiber Solutions enhances Convergint’s presence in this Southeast region, expanding its capabilities in the healthcare and commercial sectors.

Inverness Graham To Buy Cognito Forms

By Amit Chowdhry ● May 15, 2025

Inverness Graham, a Philadelphia-based buyout firm that buys innovative companies where technology transforms traditional industry, announced that it has acquired Cognito Forms, a growing SaaS-based provider of low-code / no-code workflow automation solutions.

Arkestro: $36 Million Raised For Predictive Procurement Platform

By Amit Chowdhry ● May 15, 2025

Arkestro, a premier Predictive Procurement Platform accelerating enterprise spend transformation, announced a strategic investment totaling $36 million. The funding was led by Altira Group and Aramco Ventures, with participation from existing investors NEA, KDT, and Activant.

Vintage Investment Partners: Leyla Holterud Named As Partner And Opens London Office

By Amit Chowdhry ● May 15, 2025

Vintage Investment Partners, a venture capital platform with $4.3 billion in AUM and founded in 2003, announced the opening of its first European office in London and the appointment of Leyla Holterud as Partner to lead Vintage's further expansion across the region.

Persona AI: $27 Million Raised For Embodied AI Platform

By Amit Chowdhry ● May 15, 2025

Persona AI, a leader in embodied artificial intelligence, today announced it has closed its oversubscribed pre-seed funding round, raising $27 million. The funding round was co-led by Unity Growth and Tides Ventures, with participation from Mirae Asset Group, Invicta Growth, Fathom Fund, Embedded Ventures, Wave Function Ventures, Zero Infinity Partners, dConstruct Technologies, Goose Capital, SGH, Sound Media Ventures, Kalea Ventures, K50 Ventures, Cofounder Ventures, Tola Capital, SGA Capital, and Olive Hill Ventures, and K2 Global.

Cohere Health: $90 Million C Round Closed For Clinical Intelligence Solutions

By Amit Chowdhry ● May 15, 2025

Cohere Health, a leader in clinical intelligence solutions for health plans and risk-bearing providers, announced it has raised $90 million in Series C funding. The funding round was led by Temasek, with continued support from Deerfield Management, Define Ventures, Flare Capital Partners, Longitude Capital, and Polaris Partners. This new investment brings Cohere's total funding to $200 million.

Nortian: $41 Million Raised At $100 Million Valuation For Producing Ultra-Pure Collagen

By Amit Chowdhry ● May 15, 2025

Nortian, a biotech company pioneering the production of ultra-pure collagen through a proprietary and vertically integrated process, announced it has raised $41 million in a funding round (one of the largest in the collagen space) to launch its U.S. manufacturing operations and accelerate commercialization. The funding round was led by AJ Hollander, one of the world's largest hide processors and traders. Hollander features unmatched scale and security in hide sourcing, processing over 10,000 hides daily across five U.S. facilities.

Addepar: $230 Million G Round Raised At $3.25 Billion Valuation To Advance Data Platform

By Amit Chowdhry ● May 15, 2025

Addepar, a global technology and data platform that investment professionals depend on to make the most informed, data-driven investment decisions, announced its $230 million Series G investment round closing. The funding round was co-led by Vitruvian Partners and returning investor WestCap, with additional participation from 8VC and Valor Equity Partners. Global investor EDBI, operating under SG Growth Capital—the investment platform of the Singapore Economic Development Board (EDB) and Enterprise Singapore, also joined this round as a new investor.

Dynamo Ventures: $54 Million Fund III Closed

By Amit Chowdhry ● May 15, 2025

Dynamo Ventures announced the closing of its third fund at $54 million, more than tripling the size of its inaugural fund. The raise emphasizes Dynamo's focus on supporting early-stage founders who are reimagining how goods are made, moved, and monetized across supply chains, logistics, and the foundational industries that power the global economy.

Openlayer: $14.5 Million Series A Raised For Helping Scale Enterprises

By Amit Chowdhry ● May 14, 2025

Openlayer - a unified platform for evaluation and governance of AI systems at the enterprise level - announced a $14.5 million Series A round, led by Race Capital with participation from NXTP, KPN Ventures, Mindset, Y Combinator, Quiet Capital, and Telefonica.

Reflect Orbital: $20 Million Series A Raised For Accelerating Satellite Constellation Technology

By Amit Chowdhry ● May 14, 2025

Reflect Orbital announced it has raised a $20 million Series A to accelerate development of its satellite constellation to deliver sunlight on demand. The funding round was led by Lux Capital, with participation from Sequoia Capital and Starship Ventures.

RM Capital Partners: Acquisition Of ISO Solar Completed

By Amit Chowdhry ● May 14, 2025

RM Capital Partners - a strategically positioned private equity firm focused on enabling market leaders across the infrastructure services industry - announced it has completed the acquisition of Integrated Solar Operations d/b/a ISO Solar, a leading provider of turnkey solar energy systems to residential, commercial, and government customers across Puerto Rico.

Granola: $43 Million Series B Raised For AI Workspace Platform

By Amit Chowdhry ● May 14, 2025

Granola, an AI-based notepad that combines your typed notes with AI transcriptions, announced the launch of Granola 2.0. And Granola identified that the most valuable information in companies isn't found in static documents or wikis, but in the daily conversations happening across teams.

Wells Fargo: $20 Million ‘Open For Business Growth’ Program Launched

By Amit Chowdhry ● May 14, 2025

Wells Fargo announced Open for Business Growth, a new $20 million philanthropic program where nonprofits enable small business owners ready to scale operations or grow revenue. Launching first in Chicago, Illinois, the program will expand to other markets across the U.S. in the coming year.

Zing Coach: Interview With Co-Founder Tanya Parfenyuk About The Fitness Products Company

By Amit Chowdhry ● May 14, 2025

Zing Coach has created a new generation of fitness products and personal fitness companions. And it connects to your smartphone, wearables, personal messenger, and smart TV while reviewing the data and translates it into movement actions. Pulse 2.0 interviewed Zing Coach co-founder Tanya Parfenyuk to learn more about the company.

Mainsail Partners: $1.535 Billion Fund VII Closed

By Amit Chowdhry ● May 14, 2025

Mainsail Partners, a growth equity firm investing in bootstrapped B2B software companies to help them grow into market leaders, announced the closing of its seventh flagship fund Mainsail Partners VII at the hard cap of $1.535 billion in limited partner capital commitments, which is the largest in the firm's 22-year history. And support from existing and new investors allowed Mainsail to raise the oversubscribed fund in less than 100 days, bringing the total capital commitments raised by the firm to nearly $4 billion.

FirmPilot: $11.7 Million In Total Funding Raised For Law Firm Focused AI Marketing Engine

By Amit Chowdhry ● May 14, 2025

FirmPilot, an AI marketing engine for law firms, announced that Thomson Reuters Ventures and HubSpot Ventures have joined as investors. These investors support the company's mission to help law firms generate more and higher-value clients with AI rather than rely on traditional, manual marketing tactics. This strategic funding increases FirmPilot's total funding to $11.7 million, following the company's Series A round in 2024 led by Blumberg Capital.

Xsolla Buying Ludo For Community Engagement Through Code-Free Social Quests

By Amit Chowdhry ● May 14, 2025

Xsolla, a leader in video game commerce, announced the acquisition of Ludo, a platform designed to drive community engagement through code-free social quests. This strategic deal brings Ludo’s technology into the Xsolla portfolio, combining its questing tools with Xsolla’s Web Shop and other Xsolla Rewards Solutions to help developers worldwide increase player engagement, drive retention, and unlock new monetization opportunities beyond the traditional app store model.

Saildrone: $60 Million Raised For Advancing Maritime Autonomy

By Amit Chowdhry ● May 14, 2025

Saildrone, a leader in maritime autonomy, announced the closing of a $60 million investment round led by EIFO, the Export and Investment Fund of Denmark.

Bestow: $120 Million Series D Raised For Insurance Technology Platform

By Amit Chowdhry ● May 14, 2025

Bestow, a leading insurance technology company, announced the closing of a $120 million oversubscribed Series D funding round, including primary and secondary investments. Growth Equity at Goldman Sachs Alternatives and Smith Point Capital co-led the funding round. Along with the equity financing, Bestow also secured a $50 million credit facility from TriplePoint Capital.