Venture Capital

ArcLight: $865 Million Acquisition Of Strategic Pipeline Revealed

By Amit Chowdhry ● Feb 19, 2025

ArcLight Capital Partners and affiliates announced that they have completed the acquisition of a 25% equity interest in Gulf Coast Express Pipeline (GCX) for $865 million from an affiliate of Phillips 66. Going forward, GCX will be jointly owned by subsidiaries of Kinder Morgan and affiliates of ArcLight. And a subsidiary of KMI will continue operating GCX.

Cinnaire: $190 Million Closed For Low-Income Housing Tax Credit Fund

By Amit Chowdhry ● Feb 19, 2025

Cinnaire announced the closing of the Cinnaire Fund for Housing Partnership 42, a $190 million multi-investor Low-Income Housing Tax Credit (LIHTC) fund. This significant milestone will support creating or preserving 1,478 affordable multifamily homes across 21 properties, serving over 3,400 individuals. And for the first time in its history, Cinnaire invests in communities spanning Wisconsin to Delaware within a single fund.

Keebler Health: $6 Million (Seed) Raised For AI-Based Risk Adjustment Platform

By Amit Chowdhry ● Feb 18, 2025

Durham, North Carolina-based Keebler Health, a company that offers an AI-based risk adjustment platform for healthcare providers, announced that it raised a $6 million seed round from several investors, including Freestyle Capital, MBX Capital, New Stack Ventures, Underdog Labs, Everywhere VC, Ludlow Ventures, Primordial, the Tweener Fund, the Hustle Fund, Deb Liu, and Bong Koh.

Strategus: Majority Investment From CIVC Partners

By Amit Chowdhry ● Feb 18, 2025

Strategus, a leading managed services provider of high-performance connected TV (CTV) advertising campaigns, announced a majority investment by CIVC Partners, a Chicago-based middle-market private equity firm that has invested over $2.6 billion in more than 86 platforms in the business services sector. Strategus, originally founded in 2013 by Dave Miles and Joel Cox, serves agency and direct brand clients with innovative programmatic CTV and omnichannel marketing solutions.

Warmly: $17 Million (Series A+) Funding Raised To Advance Ready-To-Convert Prospects To Sales Platform

By Amit Chowdhry ● Feb 18, 2025

Warmly, which is the first AI-fueled pipeline acceleration platform to deliver ready-to-convert prospects to sales automatically, announced that it has raised $6 million in Series A+ funding. The investment was led by new investor RTP Global and participation from existing investors, including Felicis and NFX. This funding round follows its $11 million Series A round in October 2023.

Medsender: $5 Million (Series A) Raised For Transforming Healthcare

By Amit Chowdhry ● Feb 18, 2025

Medsender, an AI-based workflow automation platform for healthcare providers, announced a recent $5 million Series A investment led by Ballast Point Ventures. And Medsender will use the funding to bolster its commercial team, accelerate its technology pipeline development, and drive industry-leading performance for its clients.

Augmetec: Over £2 Million (Seed) Raised To Help Legal Teams Standardize Processes And Eliminate Inefficiencies

By Amit Chowdhry ● Feb 18, 2025

Augmetec, a legal tech startup founded and led by Kritin Sundaram, announced that it has raised over £2 million in seed funding. The funding round is led by UK-based early-stage investors Fuel Ventures, with participation from Swiss fund 14Peaks Capital, and three industry angel investors, such as the Founding Partner of one of the world’s largest law firms, the family office of over $1 billion legal tech organizations, and the Head of Fraud at Asia’s largest law firm.