COVU Increases Series A to over $22M After Hitting Key Milestones, Bringing Total Funding to $32M
For original article, click here. Originally planned as a $4M extension, strong investor interest led to an oversubscribed $10M raise to accelerate AI-native insurance servicing and marketplace expansion. [San Francisco, Feb 2025] – COVU, the AI-native leader in insurance customer management and risk advisory, today announced that it has increased its Series A to $22 million after successfully hitting […]
Zelros and IBM Announce Collaboration to Transform Banking and Insurance with IBM watsonx
For original article, click here. Zelros, a leading AI platfom for insurance and banking, announces a new collaboration with IBM to leverage IBM watsonx, a portfolio of AI products. This collaboration underscores Zelros’ commitment to providing a flexible, high-performance AI platform that seamlessly integrates cutting-edge technology for its clients. Leveraging watsonx.ai, an enterprise-grade AI development […]
Nirmata Raises $9.6 Million to Expand AI-Driven Cloud-Native Policy-as-Code Solutions
For original article click here. SAN JOSE, Calif., Feb. 10, 2025 /PRNewswire/ — Nirmata, a leader in cloud-native security policy automation and governance solutions, today announced a $9.6 million funding round led by Peak XV Surge (formerly Sequoia Capital India & SEA), with participation from Dallas Venture Capital, Dreamit Ventures and existing investors Z5 Capital and Uncorrelated Ventures. Following unprecedented customer […]
AI Startup Secures $5M to Power Physician Productivity
For original article, click here. Affineon Health Expands AI Inbox to Tackle Provider Burnout, Improve Patient Care DENVER, Feb. 3, 2025 /PRNewswire/ — Affineon Health, a leader in AI-powered solutions to streamline the inbox for healthcare physicians and providers, today announced successfully closing a $5 million oversubscribed funding round. GPG Ventures led the seed round with participation from existing investor, […]
JumpCloud Acquires Stack Identity, Paving The Way For Identity-First Security
For original article, click here. LOUISVILLE, Colo. — Jan. 28, 2025 — JumpCloud Inc. is continuing its identity-first momentum by acquiring Stack Identity. Stack Identity is a next-generation identity security and access visibility platform. This acquisition strengthens JumpCloud’s identity-first access management solution. Stack Identity offers cutting-edge data analytics technology. It helps reduce key risks in securing workforce […]
Pipeshift Raises $2.5M Seed Round
For original article, click here. With over 80% of enterprises now turning to open–source AI models, the challenge isn’t accessing powerful models – it’s deploying them efficiently and securely. Today, companies must stitch together more than 10 different components just to begin deployment, with each optimization requiring thousands of engineering hours. AI-infrastructure startup Pipeshift announced today their $2.5M seed round to solve this challenge, launching a new-age Platform-as-a-Service (PaaS) […]
Grid Dynamics Holdings Set to Join S&P SmallCap 600
For original article, click here. NEW YORK, Dec. 26, 2024 /PRNewswire/ — Grid Dynamics Holdings Inc. (NASD: GDYN) will replace Revelyst Inc. (NYSE: GEAR) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, January 2. Strategic Value Partners is acquiring Revelyst in a deal expected to close soon pending final conditions. Following is a […]
Evinced’s $55M C round will help bring its accessibility dev tools (and AI) to Europe
For original article, click here. Making sure your software is accessible is fast becoming a must rather than a nice-to-have, and Evinced is one of a wave of startups helping make that happen. The company is about to expand to Europe, where new accessibility regulations are about to take effect, and has raised $55 million to fuel […]