Archives

IMB Partners: $125 Million Raised For Inaugural Investment Fund

By Amit Chowdhry ● Feb 17, 2025

IMB Partners, a private investment firm based in Bethesda, Maryland, announced the final close of its inaugural institutional fund IMB Partners SBIC I. SBIC Fund I closed with a total committed capital of $125.5 million, exceeding its original target of $100 million.

Klook: $100 Million Raised To Advance Travel Experience Growth

By Amit Chowdhry ● Feb 17, 2025

Klook, a leading platform for experiences and travel services in Asia, announced $100 million in funding led by the global growth investment firm Vitruvian Partners. The latest funding round validates continued confidence in Klook’s vision, market leadership, and operational excellence as the company accelerates its efforts to capture the fast-growing market of next-generation travelers and deepen its reach across the Asia Pacific.

Levee Medical: $10 Million (Series B) Raised To Improve Outcomes For Prostate Cancer Surgery Patients

By Amit Chowdhry ● Feb 17, 2025

Levee Medical, a medical device company focused on improving outcomes for prostate cancer surgery patients, announced the closing of its Series B funding, totaling over $14 million including note conversions.

Northrim Horizon: Fund III Closed At $235 Million

By Amit Chowdhry ● Feb 17, 2025

Northrim Horizon, a permanent capital investment firm, announced the closing of Northrim Horizon Fund III, L.P., with a total committed capital of $235 million (the hard cap). Raised over five months, Fund III was oversubscribed with commitments from leading global investors, including insurance companies, endowments, fund-of-funds, and family offices.

Pinkfish AI: $7.6 Million (Pre-Seed) Raised To Help Enterprises Automate at Scale

By Amit Chowdhry ● Feb 17, 2025

Pinkfish AI, a pioneer of Generative Automation, announced it launched a platform that radically changes how enterprises create and manage automation. The company also announced closing a $7.6 million pre-seed funding round led by Norwest Venture Partners. And Storm Ventures and angel investors joined the round. Norwest Partner Scott Beechuk will join the board of directors.

RMH Systems Raises Funding From Rotunda Capital

By Amit Chowdhry ● Feb 17, 2025

Rotunda Capital Partners announced it invested in RMH Systems, a material handling, packaging, and automation solutions provider. This partnership—formed in collaboration with the Howard family and existing leadership—positions RMH for accelerated growth and expanded market reach.

DAFgiving360: Donors Granted Record $7.7 Billion To Charity In 2024

By Amit Chowdhry ● Feb 17, 2025

DAFgiving360, which is one of the largest national providers of donor-advised fund (DAF) accounts and related philanthropic resources, reported that its donors granted more than $7.7 billion to charity in 2024, a 25% increase – or $1.5 billion more – compared to 2023. The donors supported 151,000 individual 501(c)(3) nonprofits through more than 1.3 million grants.

Excelestar Ventures: Interview With Tasneem Dohadwala About The Future Of VC Investments

By Amit Chowdhry ● Feb 17, 2025

Excelestar Ventures helps portfolio companies produce growth and sustainable profits with a long-term perspective. Pulse 2.0 interviewed Excelestar Ventures Founding Partner Tasneem Dohadwala to learn her thoughts on the future of VC investments.

Kodiak Hub: $6 Million Raised For AI-Based Supplier Relationship Management Platform

By Amit Chowdhry ● Feb 17, 2025

Kodiak Hub, an AI-based supplier relationship management (SRM) platform, announced a strategic expansion into the U.S. market. Backed with a $6 million investment from Oxx, this move positions Kodiak Hub to help U.S. companies build resilient and sustainable supply chains amid growing pressure from regulatory changes, emerging tariffs, and increasing demands for supply chain transparency.

Tines: $125 Million (Series C) Raised At $1.125 Billion Valuation For AI-Based Workflows

By Amit Chowdhry ● Feb 17, 2025

AI-based workflows Tines announced $125 million in Series C financing, valuing the company at $1.125 billion. The funding round was led by Growth Equity at Goldman Sachs Alternatives with participation from new investors SoftBank Vision Fund 2 and Activant and existing investors Accel, Felicis, CrowdStrike Falcon Fund, and Addition.

Pickleheads: $2.5 Million (Seed) Secured To Elevate Pickleball On-Court Experience

By Amit Chowdhry ● Feb 17, 2025

Pickleheads, a leading platform for pickleball players to connect and organize games, announced the closing of a $2.5 million seed round. This seed round was led by Overline, an Atlanta-based VC, with participation from Ardent, Oregon Sports Angels, Profluence Capital, Service Provider Capital, and Network Ventures.

Comulate: $20 Million (Series B) Raised To Utilize AI For Transforming The Insurance Industry

By Amit Chowdhry ● Feb 17, 2025

Comulate, a company utilizing AI to transform the insurance industry, announced a $20 million Series B funding round led by BOND and Workday Ventures, marking a major expansion of its vision to transform the insurance back office.

Roots Automation: Interview With Co-Founder & CEO Chaz Perera About The Insurance Agentic AI Platform Company

By Amit Chowdhry ● Feb 16, 2025

Roots Automation is a company that brings together machine intelligence and human ingenuity in the form of advanced AI agents that read, reason, and infer like humans. Pulse 2.0 interviewed Roots Automation co-founder and CEO Chaz Perera to learn more about the company.

Arcube: University Of Manchester Startup Raises $1.5 Million (Seed)

By Amit Chowdhry ● Feb 16, 2025

Arcube, a Manchester, UK-based startup looking to transform the airline industry, announced it has raised a $1.5 million seed round co-led by Fuel Ventures and Oxford Capital Partners. And notable investors include the Chairman and former CEO of Pegasus Airlines and the founders of PointsYeah.com.

Datalign: $9 Million (Seed) Raised At $75 Million Valuation To Advance Financial Advisory Solutions Platform

By Amit Chowdhry ● Feb 16, 2025

Datalign Advisory, an AI-based platform that matches consumers with leading financial advisors, today announced that Link Ventures invested $5 million in Datalign, bringing the total investment to $9 million on a post-money valuation of $75 million.

Sintavia: $10 Million Subordinated Debt Investment Raised

By Amit Chowdhry ● Feb 16, 2025

Sintavia, a leading all-digital aerospace component manufacturer, announced that it raised a $10 million subordinated debt investment from the Stifel North Atlantic AM-Forward Fund. The capital from this investment, which is the first of the recently launched SBIC fund, will be used to refinance existing equipment loans and offer general working capital for the business. Additional terms of the transaction were not disclosed.

Alexi: C$4.5 Million Raised For AI Litigation Platform

By Amit Chowdhry ● Feb 16, 2025

Alexi, a leading AI litigation platform, announced a C$4.5 million debt facility from TD Innovation Partners (TDIP). This new financing, which adds to its $15 million Series A in 2024, led by Drive Capital, will fuel Alexi’s continued growth, drive product innovation, and continue its mission of providing the legal community with cutting-edge AI tools.

StarRez: Interview With CEO Travis Knipe About The Leading Student Housing Platform

By Amit Chowdhry ● Feb 16, 2025

StarRez is a global market leader in student housing software and residential community management. Pulse 2.0 interviewed StarRez CEO Travis Knipe to learn more about the company.

Oaktree Capital: Opportunities Fund XII Closed At $16 Billion

By Amit Chowdhry ● Feb 16, 2025

Oaktree Capital Management announced the final closing of Oaktree Opportunities Fund XII (Opps XII), with about $16 billion of commitments, including co-investment and affiliated vehicles.

Stellaromics: $80 Million (Series B) Raised For Advancing 3D Spatial Biology

By Amit Chowdhry ● Feb 16, 2025

Stellaromics, a pioneer in 3D spatial biology spun out of the laboratories of Karl Deisseroth (Stanford University) and Xiao Wang (MIT and Broad Institute), announced a Series B funding round of $80 million. The funding round, led by Catalyst4 with participation from Stanford University Ventures, will support the development and commercialization of Pyxa, Stellaromics' groundbreaking 3D spatial biology platform.

PHȲND: $10 Million (Seed) Raised For Advancing Smart TV Gaming Platform

By Amit Chowdhry ● Feb 16, 2025

PHȲND, a subscription-free cloud gaming platform, announced it has secured a $10 million seed round led by Wellington Management. The oversubscribed round also saw participation from Bessemer Venture Partners, Connecticut Innovations Fund, and Jozy Altidore.

Clicktivated: Interview With CEO Chris Roebuck About The Product Interaction Video Platform Company

By Amit Chowdhry ● Feb 16, 2025

Clicktivated is an IP-protected interactive video platform that enables viewers to interact with individual products or items within video content. The company’s clean user experience creates new monetization opportunities for marketers and provides a revolutionary set of data points for distributors to better understand their audiences. Pulse 2.0 interviewed Clicktivated CEO Chris Roebuck to learn more.

Parachute Health: Interview With Founder & CEO David Gelbard About The Healthcare Connectivity Company

By Amit Chowdhry ● Feb 15, 2025

Parachute Health is modernizing healthcare through digital connectivity. Pulse 2.0 interviewed Parachute Health founder and CEO David Gelbard to learn more about the company.

Sitemetric: Construction-Focused Management Solutions Company Raises Funding From Gemspring Capital

By Amit Chowdhry ● Feb 15, 2025

Gemspring Capital Management (a middle-market private equity firm) announced a strategic investment in Houston-based Sitemetric. Sitemetric is a leading provider of jobsite security, safety, and workforce management solutions for the construction industry.

Globus Medical To Buy Nevro In $250 Million Deal

By Amit Chowdhry ● Feb 15, 2025

Globus Medical (a leading musculoskeletal solutions company) and Nevro (a global medical device company that delivers comprehensive and life-changing solutions for the treatment of chronic pain) announced they have entered into a definitive agreement for Globus Medical to acquire all shares of Nevro in an all-cash deal.

Hyatt To Buy Playa Hotels In $2.6 Billion Deal

By Amit Chowdhry ● Feb 15, 2025

Hyatt Hotels announced that the hotel company has entered into an agreement to buy all outstanding shares of Playa Hotels & Resorts N.V. for $13.50 per share, or about $2.6 billion, including approximately $900 million of debt, net of cash. And Playa is a leading owner and operator of all-inclusive resorts in Mexico, the Dominican Republic and Jamaica and Hyatt is currently the beneficial owner of 9.4% of Playa’s outstanding shares.

Cotiviti To Buy Healthcare Data Interoperability Company Edifecs

By Amit Chowdhry ● Feb 15, 2025

Cotiviti, a leader in data-driven healthcare solutions, announced it has entered into an agreement to acquire Edifecs, a pioneer in healthcare data interoperability. This combined platform will enhance connectivity between payers and providers, enable increased collaboration in the delivery of care, and accelerate deployment of value-added solutions in the healthcare system.

Teladoc Health To Buy Catapult Health In $65 Million Deal

By Amit Chowdhry ● Feb 15, 2025

Teladoc Health (a global leader in virtual care) has signed a definitive agreement to buy Catapult Health, a leading provider of virtual preventive care services. And the company plans to utilize Catapult Health’s innovative approach to patient-centric at-home diagnostic testing, and its high-touch engagement and clinical support model, to complement Teladoc Health’s industry-leading suite of integrated solutions.

McKesson To Buy 80% Of PRISM Vision For $850 Million

By Amit Chowdhry ● Feb 15, 2025

McKesson announced that it signed a definitive agreement to buy an 80% controlling interest for about $850 million in PRISM Vision Holdings, a provider of general ophthalmology and retina management services, from Quad-C. PRISM Vision physicians will retain a 20% interest in the company.

TextNow: Interview With Senior Director Of Trust & Safety Sean Bonawitz About The Free Phone Service

By Amit Chowdhry ● Feb 15, 2025

TextNow is the only free phone service provider with unlimited talk & text and essential data on the nation's largest 5G network, all in one convenient app. Pulse 2.0 interviewed TextNow’s Senior Director and Head of Trust & Safety, Sean Bonawitz, to learn more about the company.