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Eleos Raises $60M Series C to Transform Behavioral Health with AI Agents
BOSTON & TEL AVIV, Israel--(BUSINESS WIRE)--Eleos, the leader in AI for behavioral health, today announced a $60M Series C funding round led by Greenfield Partners, with participation from existing investors such as F-Prime Capital, Eight Roads, Menlo Ventures and ION — and new ones, including the Michael & Susan Dell Foundation, Union Tech Ventures and Centerstone. This round brings Eleos’ total funding to over $120M. Coming on the heels of its recent Series B, this preemptive round reflec
9 in 10 Companies Struggle with Payment Operations Even as Instant Economy Demands Greater Efficiency, Modern Treasury Survey Finds
SAN FRANCISCO--(BUSINESS WIRE)--Modern Treasury, the leading payment operations platform built for the Instant Economy, today released survey results showing that the vast majority of companies continue to struggle with payment operations, leading to higher risk and operational cost, wasted employee time, and greater risk of audit errors. The Company’s fourth annual State of Payments Operations 2025 report conducted with Harris Poll included responses from 500 U.S. financial decision-makers fro
1stDibs Reveals Luxury E-commerce Report for 2024
NEW YORK--(BUSINESS WIRE)--1stDibs, the leading marketplace for extraordinary design, has unveiled its Luxury E-Commerce Report. Leveraging 2024 data and analytics from its entire platform, the report delves into the changing tastes and trends of 1stDibs’ consumer base across its most prominent luxury verticals: art, furniture & lighting, jewelry, fashion, and handbags. As the audience for iconic designers, renowned artists, and timeless design has grown, 1stDibs has expanded its inventory
DLA, LLC Continues Expansion of Corporate Accounting, Valuation and Litigation Support Division
CHICAGO--(BUSINESS WIRE)--DLA, LLC (DLA), a leading internal audit and accounting advisory firm, is pleased to announce the appointment of Deepti Verma as a Partner in the firm’s Forensic Accounting, Valuation, and Litigation Support (FVLS) business. As a seasoned forensic accounting professional with over 20 years of experience, Deepti brings to DLA a wealth of global experience across fraud investigations, compliance, and risk advisory, spanning a variety of sectors including consumer product
NEA Promotes Hunter Worland and Mustafa Neemuchwala to Principal
NEW YORK--(BUSINESS WIRE)--Global venture capital firm New Enterprise Associates, Inc. (NEA) today announced the promotions of Mustafa Neemuchwala and Hunter Worland to Principal. Neemuchwala and Worland, both based in NEA’s New York office, joined the technology investment team in 2021. Neemuchwala invests in enterprise technology from seed to late-stage growth, with a focus on AI, cybersecurity, infrastructure and frontier tech. Worland invests in fintech, commerce and consumer technology. “W
Musaffa Raised Over $4M From 525 Investors Across 50 Countries and Is Set to Launch a New Equity Crowdfunding Round to Revolutionize Halal and Ethical Investing Globally
NEW YORK--(BUSINESS WIRE)--Musaffa, the world’s #1 Halal Investment Research Platform*, is preparing to launch a new equity crowdfunding round** to accelerate its growth and make halal and ethical investing more accessible worldwide. Since its launch, Musaffa has achieved significant milestones, raising over $3 million from 23 investors, including accredited investors. The company also raised nearly $1 million through equity crowdfunding ($987,011) from 502 investors across 50 countries, bringi
Tongo Experiences Continued Momentum in 2024, Grows Real Estate Agent Customer Base by 179%
NEW YORK--(BUSINESS WIRE)--Tongo, a company dedicated to building financial products that finally meet the needs of the commission economy, announced 179% year-over-year growth in 2024 compared to 2023, driven significantly by the expansion of its platform offerings. In September, Tongo introduced its Financial Benefits Platform, designed to help real estate brokerages support their agents in achieving financial wellness. The platform, combined with Tongo’s industry-leading Commission Line of C
NantHealth® Offers New NaviNet® AllPayer Subscription Packages, Now With Electronic Claim Submission
WINTERVILLE, N.C.--(BUSINESS WIRE)--NaviNet AllPayer, a NantHealth flagship product, introduces new claim submission functionality that enables provider practices to electronically submit, manage, and track claims for more than 8,100 organizations, including health plans, ASO groups, and third-party administrators. Users can access multiple payers, detailed reports, and predictive revenue cycle management analytics to streamline administrative workflows and improve practice efficiency. The new
Amerant Bancorp Announces the Appointment of Two New Board Members
MIAMI--(BUSINESS WIRE)--Amerant Bancorp Inc. (NYSE: AMTB) (“Amerant” or the “Company”) and its subsidiary, Amerant Bank, announced the appointment of Lisa Lutoff-Perlo and Odilon Almeida Júnior to its Board of Directors. “I am pleased to welcome Lisa and Odilon to our Board of Directors. Both are well respected, locally based leaders with strong community ties and significant C-suite and public company board experience,” said Jerry Plush, Chairman and CEO of Amerant Bancorp. “The expertise, con
Reliance Matrix Introduces TenCode Benefits
PHILADELPHIA--(BUSINESS WIRE)--Reliance Matrix partners with TenCode Benefits, a concierge service to support employees and families through critical illness, injury, or death.
DriveWealth and Moment Partner to Democratize Fixed-Income Investing, Lowering Bond Investment Barriers
NEW YORK--(BUSINESS WIRE)--DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, today unveiled its partnership with Moment Technology Inc. (“Moment”) to expand its fixed-income asset class offering. This development marks a significant step toward expanding retail investor access to the bond market by eliminating the existing $200,000 minimum investment threshold of many international bonds. Through its API suite, DriveWealth simplifies and accelerates the onbo
Prometheum Appoints Dr. Arthur Laffer as Senior Strategic Advisor
NEW YORK--(BUSINESS WIRE)--Prometheum Inc., the leading market infrastructure provider for digital asset securities, announced today the appointment of Dr. Arthur Laffer as a senior strategic advisor, and the inaugural member of its advisory committee. In this role, Dr. Laffer will advise on Prometheum’s engagement with policymakers, offer insights on the economic and tax implications of new product development and emerging technologies, and collaborate with the company’s leadership to broaden
StructuredWeb Secures $30 Million From Invictus Growth Partners to Drive AI-Enabled Channel Sales and Marketing
NEW YORK & SAN MATEO, Calif.--(BUSINESS WIRE)--StructuredWeb, the market leader in AI-powered channel sales and marketing SaaS solutions, today announced a $30 million majority investment from Invictus Growth Partners ("Invictus"). This strategic growth capital will accelerate StructuredWeb’s AI innovation roadmap and expand its global footprint to enable the company to further capitalize on the massive channel sales market, which represents 70% of global commerce. In connection with the invest
Security Mutual Selects Clearwater Analytics for Risk and Performance Management
BOISE, Idaho--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN), a global leader in investment management, accounting, reporting, and analytics solutions, today announced that Security Mutual Group has chosen its platform to enhance performance attribution, risk analysis, and decision-making capabilities to drive improved returns and reduced risk. Security Mutual will leverage the Clearwater platform to complete advanced analytics that will deliver a deeper understanding of performance drivers
Pelican State Credit Union Selects Upstart for Personal Lending
BATON ROUGE, La. & SAN MATEO, Calif.--(BUSINESS WIRE)--Pelican State Credit Union Selects Upstart for Personal Lending
FinQuery Announces New CEO and COO
ATLANTA--(BUSINESS WIRE)--FinQuery announces the promotion of Joe Schab from COO to CEO, George Azih to founder and Executive Chairman, Justin Smith from CFO to CFO and COO.
Outlook for Retirement Savers, Small-to-Midsized Business Owners Uncertain at Start of New Year
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Financial Group shares 2025 outlook for retirement savers and small-to-midsized businesses based upon insights gathered from recent surveys.
doxo Wins Built In’s “Best Places to Work” Award for Sixth Straight Year in a Row
SEATTLE--(BUSINESS WIRE)--doxo today announced it was named to the Built In 2025 Best Places To Work Awards, earning a place on Seattle’s “50 Best Startups” and “100 Best Places to Work” in Seattle lists. The annual awards program includes companies of all sizes, from startups to those in the enterprise, and honors both remote-first employers as well as companies in large tech markets across the U.S. "We are proud to be recognized by Built In for the sixth year in a row as one of Seattle’s top
Paramount Announces Sale of 45% Interest in 900 Third Avenue
NEW YORK--(BUSINESS WIRE)--Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has sold a 45% interest in 900 Third Avenue, a 600,000 square foot Class A office building located on Third Avenue between 54th and 55th Streets in Midtown Manhattan, at a gross asset valuation of $210 million. Paramount will continue to own the remaining 55% interest and manage and lease the property. “We are excited to announce the sale of this non-controlling interest in 900 T
Vision Ridge Partners Hires PJ Jannuzzi as Head of Asset Management
NEW YORK--(BUSINESS WIRE)--Vision Ridge Partners (“Vision Ridge” or the “Firm”), a global sustainable real assets investor, today announced that PJ Jannuzzi, former Managing Director, Asset Management at Blackstone, has joined the firm as a Managing Director and Head of Asset Management, effective immediately. An accomplished executive with nearly 20 years of private equity, strategic transformation, and operations experience, Mr. Jannuzzi will be responsible for helping to manage and enhance V