Verituity, a leader in intelligent payout solutions, has successfully closed an $18.8 million funding round led by Sandbox Industries and Forgepoint Capital, with participation from Ardent Venture Partners and MTech Capital. This funding infusion is set to propel Verituity’s growth across banking, insurance, mortgage servicing, and energy sectors, marking a significant stride in its mission…
In a bold step toward redefining global workforce operations, AI-native PEO platform Niural has raised $31 million in a Series A round to advance its mission of building an intelligent operating system for CFOs. The round was led by Marathon Management Partners, with continued support from M13, Inspired Capital, Newform Capital, and several new strategic…
S&P Global has announced the appointment of Martina L. Cheung as President and Chief Executive Officer, effective November 1, 2024. Ms. Cheung, currently serving as President of S&P Global Ratings, will succeed Douglas L. Peterson, who will retire after a distinguished tenure. Martina L. Cheung brings a wealth of experience and leadership to her new…
Ampeco, the fast-growing electric vehicle (EV) charging startup, has successfully secured $26 million in a Series B funding round led by Revaia, with contributions from existing investors including Cavalry Ventures, BMW i Ventures, and LAUNCHub Ventures. This latest infusion of capital brings Ampeco’s total funding to $42 million since its founding in 2019, propelling the…
Ario, the innovative AI-powered assistant tailored for parents, has announced a significant milestone with the closing of a $16 million seed funding round. This investment, led by Floodgate and supported by Wing Venture Capital, Bain Capital Ventures, Moxxie, and notable angels, marks a pivotal moment for Ario in advancing its mission to alleviate the invisible…
Amazon Web Services (AWS) has appointed Sriram Santhanam as the Head of Startup Business for India, in a move that signals a strategic acceleration of its commitment to the country’s fast-growing startup ecosystem. Tasked with leading AWS’s engagement across over 20,000 startups, Santhanam will focus on enabling innovation through cloud adoption, SaaS scaling, and AI…
Mastercam, a global leader in CAM software solutions, proudly announces the promotion of Nicolas Le Moigne to the role of Chief Revenue Officer, effective June 4. Nicolas, previously serving as Vice President of Sales, brings over two decades of expertise in the CAD/CAM industry to his new position. In his elevated role, Nicolas Le Moigne…
In a strategic move to enhance its offerings in construction operations and risk management, BiltOn (formerly known as Beti) has announced the successful completion of a $15 million Series B funding round. This significant investment was spearheaded by PSG Equity, a leading growth equity firm focused on software and technology-enabled services, with notable participation from…
In a pivotal moment for the prediction market industry, Kalshi, the US-based event trading platform, has secured $300 million in its latest funding round, catapulting the company’s valuation to a remarkable $5 billion. This milestone was confirmed by Kalshi’s CEO, Tarek Mansour, in a detailed LinkedIn post, bringing the fintech startup closer to its ambitious…
Micruity, Inc., a leader in financial technology infrastructure for retirement solutions, has announced the successful closure of a $5.0 million funding round aimed at expanding support for accumulation annuities and non-guaranteed income products on its platform. This strategic investment underscores Micruity’s commitment to revolutionizing retirement planning by bridging the gap between savings accumulation and sustainable…
