Monthly Archives: March 2025

Lunchbox Selects James Walker as CEO and Announces New Funding Round Led by Shift4

James Walker Appointed as CEO, Nabeel Alamgir Executive Chairman
James Walker and Nabeel Alamgir will work as strategic partners to drive Lunchbox into its next phase of growth. Walker will lead growth and execution, leveraging decades of industry experience, while Alamgir doubles down on AI and automation, ensuring that Lunchbox remains the industry’s most advanced, operator-first platform. Together, they’re building a Lunchbox that helps operators scale faster, work smarter, and stay ahead leveraging best-in-class technology.

“We’re charting a bold new course for restaurant technology,” said Nabeel Alamgir, Executive Chairman of Lunchbox. “With James at the helm, Shift4’s backing, and our relentless focus on innovation, we’re not just building for today—we’re designing for tomorrow’s restaurant operators.”

James Walker Brings Operator Edge, Decades of Experience 
A seasoned industry leader, Walker brings 30+ years of executive experience across QSR, Fast Casual, and Casual Dining, scaling global brands like Subway®, Nathan’s Famous®, and Cinnabon®. Before stepping into the CEO role, he has served on Lunchbox’s Board of Directors for over x years, playing a key role in securing its investment and partnership with Shift4.

Walker, widely respected in restaurant tech and delivery, combines expertise in enterprise growth, AI strategy, and operations to drive Lunchbox’s next phase of growth. He holds an MBA from Duke and has completed executive programs at Harvard, Yale, and MIT, including a focus on AI strategy at MIT.

“Lunchbox is a pioneer in restaurant innovation, and I’m honored to lead the charge alongside Nabeel Alamgir,” said James Walker, CEO of Lunchbox. “Restaurants deserve technology that works for them, not against them. My focus is on scaling our solutions to meet the evolving needs of enterprise brands, ensuring they have the tools to compete and succeed in today’s digital-first landscape.”

Record Growth and a Focus on the Future
Lunchbox has experienced record-breaking growth, with a 340% increase in average deal size since 2022, as it continues moving upmarket with brands like Paris Baguette, Pei Wei, Friendly’s, Hawaiian Bros, Biscuitville, and Papa John’s. The company’s long-standing partners—including Clean Juice and other multi-unit brands—have contributed to 300% growth in product adoption, with the average number of products per client rising from 1 to 4 since 2022.

Strategic Investment Led by Shift4
Fueling this momentum, Lunchbox has secured a new round of funding, led by Shift4, further validating its market leadership and profitability strategy. This funding will accelerate product development, enhance enterprise capabilities, and reinforce Lunchbox’s commitment to helping restaurant brands scale seamlessly. With the strategic partnership, Shift4 will prioritize Lunchbox as the enterprise solution for its SkyTab POS system.

“We’re excited to partner with Lunchbox as they set the standard for order management and other enterprise restaurant solutions,” said Taylor Lauber, President of Shift4. “By integrating their powerful capabilities into SkyTab POS, we’re able to enhance our product ecosystem to better serve the needs of enterprise restaurants and deliver a unique differentiator to this customer segment. Our investment reflects our confidence in Lunchbox’s vision to continue to transform the restaurant technology landscape.”

With a sharpened focus on AI, automation, and the evolving needs of enterprise brands, Lunchbox is redefining what restaurant technology can achieve. Built by operators, for operators, the platform continues to evolve, with its customers having a direct seat at the table in shaping the roadmap.

About Lunchbox
Lunchbox is the premier restaurant technology solution for enterprise brands, enabling them to scale their digital presence efficiently. With a suite of products specializing in app and web ordering, catering, order aggregation, guest engagement, marketing, and an open API platform, Lunchbox empowers over 5,000+ restaurant locations nationwide, including Firehouse Subs, Torchy’s Tacos, Taco Bueno, and Clean Juice. For more information, visit www.lunchbox.io.

About Shift4
Shift4 (NYSE: FOUR) is boldly redefining commerce by simplifying complex payment ecosystems across the world. As the leader in commerce-enabling technology, Shift4 powers billions of transactions annually for hundreds of thousands of businesses in virtually every industry. For more information, visit shift4.com.

Media Contacts:
Lunchbox
Adriana Desmond
[email protected]

Shift4
Nate Hirshberg
[email protected]

ICR for Shift4
Sara Davis
[email protected]

SOURCE Lunchbox

Shoulder Innovations Announces Closing of $40 Million Series E Equity Financing

GRAND RAPIDS, Mich., March 10, 2025 — Shoulder Innovations, a leader in shoulder replacement technology, today announced the closing of a $40 million Series E equity financing round. The financing was led by existing investor U.S. Venture Partners (USVP), with support from additional existing investors including Gilde Healthcare Partners, Gilmartin Capital, and Aperture Venture Partners. New investors Arboretum Ventures and Sectoral Asset Management also participated.

Proceeds from the financing will be used primarily to advance commercialization of the Company’s InSet™ Total Shoulder and Reverse Shoulder Arthroplasty Systems and support new product development, as well as for general corporate purposes.

“Over recent years, we have significantly expanded our product line, strengthened our sales organization, and emerged as a pure-play leader in shoulder arthroplasty,” said Rob Ball, CEO of Shoulder Innovations. “We appreciate the support of our new and existing investors and see this financing as well-timed as we hone our focus on accelerating commercial momentum and advance our mission of enabling best-in-class outcomes for shoulder specialists and their patients.”

“Shoulder Innovations has established compelling clinical credibility with its disruptive and highly differentiated InSet™ technology, and U.S. Venture Partners is pleased to continue supporting the Company by leading this financing round,” said Casey Tansey, General Partner at U.S. Venture Partners. “Looking ahead, we believe Shoulder Innovations is well-positioned to further advance patient outcomes while delivering economic benefits to healthcare practitioners as a leading innovator in the shoulder arthroplasty market.”

About Shoulder Innovations:

Shoulder Innovations is a shoulder arthroplasty-focused medical device development company that designs and commercializes innovative products that demonstrate the potential for improved patient care and reduced overall cost to the healthcare system. 

Leveraging its breakthrough, patented InSet™ glenoid design, Shoulder Innovations developed a shoulder replacement implant system focused on improving outcomes related to the greatest cause of anatomic shoulder replacement failure: glenoid loosening.

The InSet™ technology has been shown in testing to significantly reduce glenoid implant micro-motion and simplifies the surgical technique, potentially reducing complications or increasing implant longevity. 

Beyond addressing one of the biggest problems in anatomic shoulder arthroplasty, Shoulder Innovations has also developed the anatomic reverse shoulder system, designed to work with and maximize the available rotator cuff instead of substituting for it. 

For more information about Shoulder Innovations and the Power of One™ visit https://shoulderinnovations.com/.

SOURCE Shoulder Innovations

Faireez Launches from Stealth with $7.5M to Transform Residential Buildings into 5-Star Hotel Experiences

Leading real estate firms Silverstein Properties, First Service Residential, BNE, Ironstate and Charney leverage AI-powered platform to deliver hotel-quality home services to residents

NEW YORK, March 6, 2025 — Today, Faireez is officially launching with $7.5M in funding from leading investors including Aristagora VC, Longevity Venture Partners, Hetz Ventures, Secret Chord Ventures, including Gigi Levy-Weiss, RE Angels and other investors from the tech and real estate space. Faireez’s innovative housekeeping platform brings 5-star hotel-quality service to residential buildings by combining dedicated professionals with cutting-edge AI technology. This personalized approach transforms the home care experience for every resident through the enablement of short daily visits that are focused on specific chores and not just deep clean lengthy and costly visits.

Founded by hospitality and technology experts, Faireez introduces a first-of-its-kind subscription model where each building is assigned a dedicated housekeeper—called a ‘fairy’—who provides consistent, personalized service to every subscribed resident. Using proprietary AI technology, the platform enables residents to customize their housekeeping plans while ensuring hotel-grade quality and reliability. As Faireez fairies are dedicated to specific buildings, they arrive in just a few minutes, contrary to the market standard of next-day or next-week service.

“The residential cleaning industry has remained surprisingly unchanged for decades, leaving both residents and service providers frustrated with inconsistent experiences and outdated systems,” said Omer Agiv, CEO and Co-founder of Faireez. “We’re transforming this experience by bringing together the warmth of dedicated human service with the precision of AI technology. For the first time, residents can enjoy hotel-quality housekeeping in their own homes, with the consistency and reliability they deserve and all through an easy to use mobile app.”

The platform features several groundbreaking innovations, including an AI-powered “auto scan” technology that analyzes residents’ homes through video to create tailored cleaning plans, and an AI quality assurance system that ensures consistent 5-star service. Each cleaning visit is documented with time-stamped photos and real-time notifications, providing unprecedented transparency and peace of mind.

  • Dedicated Housekeeping Teams: Each building receives a designated “fairy” who provides consistent service to all subscribed residents, creating a trusted, familiar presence while ensuring hotel-quality cleaning standards are maintained.
  • Real-Time Quality Assurance: Every cleaning task is documented with before and after photos, analyzed by AI for quality control, and shared through instant notifications, giving residents complete visibility into their service delivery.
  • Customizable Service Plans: Residents can tailor their cleaning experience by simply selecting any combination of services.
  • Robotic Assistance: Combining human expertise with teleoperations, Faireez introduces robotic companions to assist their fairies with basic chores. The company is also pioneering teleoperations, enabling professional housekeepers in locations like Mexico to remotely operate these robotic companions in U.S. homes—bringing global collaboration into every clean.
  • AI-Powered Home Analysis: Available later this year, Faireez will also feature “auto scan” technology that acts like a housekeeping Shazam—residents simply video their space and receive instant, personalized cleaning plans with transparent pricing based on their specific lifestyle needs.

Faireez is transforming residential housekeeping services through strategic partnerships with leading property management companies and landlords across major metropolitan areas. Working with industry leaders including Silverstein Properties, First Service Residential, BNE, Ironstate and Charney Companies, Faireez has established itself as a trusted service provider in many of the market’s most prestigious properties.

At a time when residential buildings are actively seeking ways to enhance their value proposition and differentiate themselves, Faireez’s technology platform offers a timely solution. The company has set an ambitious goal to service one million multifamily units by 2030, aiming to become the leading housekeeping platform across the United States.

The platform’s early success with top-tier real estate partners has created a strong foundation for rapid expansion across the U.S. market, demonstrating the growing demand for streamlined, technology-driven housekeeping solutions in the multifamily sector.

“The residential services market is ripe for innovation, and Faireez’s unique combination of dedicated human touch with AI-powered technology positions them to lead this transformation,” said Moshe Sarfati, Managing Partner at Aristagora VC. “What impressed us most was their vision to elevate everyday living experiences through technology while maintaining the personal connection that’s essential in home services. We believe Faireez will fundamentally change how residential buildings approach amenities and service delivery.”

“Faireez has been an impactful offering that we have been able to bring to our residents at a time when delivering a personalized hospitality experience has played a larger role than ever before in customer satisfaction and resident retention,” said Marc Pollac, Managing Director, Asset Management at First Service Residential.

“At the end of the day, we are as happy as our residents are, and the numbers don’t lie: our residents choose Faireez every month to take care of their daily-chores,” Gil Eyal, Head of Marketing and Innovation, Silverstein Properties.

About Faireez

Faireez is an AI-based housekeeping platform that delivers personalized, hotel-quality home care solutions to multi-family building residents. For more information, please visit https://faireez.com/

SOURCE Faireez

Shield AI raises $240M at $5.3B valuation to scale Hivemind Enterprise, an AI-powered autonomy developer platform

WASHINGTON, March 6, 2025 — Shield AI, the deep-tech company building state-of-the-art autonomy software products and defense aircraft, today announced it has completed a $240 million, F-1 strategic funding round, raising the company’s valuation to $5.3 billion.

The financing was completed with major participation from strategic investors L3Harris (NYSE: LHX) and Hanwha Aerospace (KRX: 012450), as well as participation from existing investors including Andreessen Horowitz, U.S. Innovative Technology, and Washington Harbour. The funds will enable Shield AI to expand the deployment of Hivemind Enterprise to OEMs, governments, and companies to empower the larger robotics and drone industrial base to build autonomy products.

“Developing autonomy is both complex and costly. Hivemind Enterprise solves this widely known problem and enables the rapid and efficient proliferation of resilient, high-performance autonomy for intelligent machines across industries,” said Nathan Michael, Shield AI’s Chief Technology Officer. “Hivemind Enterprise is about supercharging the industrial base to build and monetize autonomy, enabling a world of millions of autonomous systems in the next ten years.”

Hivemind Enterprise is an autonomy software suite for developers and organizations building, testing, evaluating, and deploying autonomy for intelligent machines. It accelerates autonomy development by delivering a multi-year head start with platform products, AI-powered toolsets, and leveraging Shield AI’s proven edge autonomy work enabling unmanned systems to operate in GPS- and comms-denied environments. The Hivemind Enterprise product suite includes an integrated autonomy factory, industrial-grade production ready middleware, a rich autonomy catalogue, and seamless mission control, empowering developers to build and own their mission-ready autonomy solutions with unprecedented speed and flexibility.   

“The same tools that make up Hivemind Enterprise have already enabled Shield AI to autonomously fly F-16s, MQ-20s, MQM-178s, operate V-BATs in GPS- and communications-denied environments, and have quadcopters explore buildings and tunnels for U.S. and Israeli forces. Partnerships with strategics like L3 Harris and Hanwha Aerospace further accelerate efforts to proliferate resilient autonomy,” said Brandon Tseng, Shield AI’s President and Co-Founder.

Industry leaders recognize the growing demand for autonomy at scale. Christopher E. Kubasik, Chair and CEO of L3Harris, emphasized this:

“The need for advanced autonomy has never been more urgent, and Shield AI is proving that autonomy at scale is not only possible but inevitable. Their commitment to pushing the boundaries of AI-driven autonomy aligns with our Trusted Disruptor strategy, where we partner to accelerate the delivery of AI-enabled solutions and emerging technologies to meet our customers’ needs faster and more efficiently.”

The significant interest and participation from investors are a testament to Shield AI’s momentum after a year of successful milestones and recent technology integration announcements, including mission autonomy work with L3Harris. The company is pleased to have received support from a number of other strategic investors as part of this fundraising round.

About Shield AI

Founded in 2015, Shield AI is a venture-backed deep-technology company with the mission of protecting service members and civilians with intelligent, autonomous systems. Its products include Hivemind Enterprise—EdgeOS, Hivemind Pilot, Hivemind Commander, and Hivemind Forge—as well as V-BAT and Sentient Vision Systems (wide-area motion imaging software). With offices in San Diego, Dallas, Washington, D.C., Abu Dhabi (UAE), Kyiv (Ukraine), and Melbourne (Australia), Shield AI’s technology actively supports U.S. and allied operations worldwide.For more information, visit www.shield.ai. Follow Shield AI on LinkedIn, X, and Instagram.   

Media Contact: Lily Hinz; [email protected]

SOURCE Shield AI

Star Catcher Announces Strategic Partnership with Space Florida to Advance the World’s First Space Energy Grid

Former Space Shuttle Landing Site to Host Star Catcher’s Power Beaming Demo

JACKSONVILLE, Fla., March 6, 2025 — Star Catcher Industries, Inc. (“Star Catcher”), the leader in space-to-space power beaming, announced today a strategic partnership with Space Florida, the state’s independent aerospace finance and development authority, to advance the world’s first space energy grid. As part of this partnership, Star Catcher will conduct a large-scale demonstration later this summer of its groundbreaking power beaming technology at Space Florida’s Launch and Landing Facility (LLF), a historic site integral to advancing space technology innovation. This first-of-its-kind demonstration will serve as a critical proof point for the technology, accelerating the development of an operational space power grid and driving adoption among satellite operators.

Star Catcher is building the first space energy grid – the Star Catcher Network – designed to eliminate power constraints for spacecraft. Once constructed, the Star Catcher Network will beam significant levels of broad spectrum energy to spacecraft in Low Earth Orbit (LEO) and beyond. The network will deliver on-demand energy to existing solar arrays on client spacecraft at higher concentrations than the Sun, enabling them to generate five to ten times more power without retrofit.

Space Florida’s LLF, which was used for Space Shuttle landings until 2011, boasts one of the longest runways in the world. Leveraging the LLF’s 5 kilometers of unobstructed line-of-sight distance, the demonstration will showcase Star Catcher’s ability to beam energy hundreds of Watts to multiple simulated satellites simultaneously over a distance of more than one kilometer.

Partnering with Space Florida allows us to accelerate the development and validation of our power beaming technology in an environment familiar to pioneering new technologies for space,” said Andrew Rush, Co-Founder, President, and CEO of Star Catcher. “This is a critical step in demonstrating the scalability of our vision for a space energy grid that will revolutionize how we power spacecraft.

The partnership also includes an investment in Star Catcher by Space Florida, underscoring the State of Florida’s commitment to fostering innovation and driving the growth of Florida’s space economy.

This partnership reflects Space Florida’s mission to support pioneering technologies and invest in the infrastructure required to ensure our state remains at the forefront of the global space industry,” said Rob Long, President and CEO, Space Florida. “The Launch and Landing Facility is an ideal location for Star Catcher’s groundbreaking work, and we are thrilled to support the advancement of power beaming technology.

This announcement builds on Star Catcher’s recent success, including closing a $12.25M seed funding round in July 2024. The funding, co-led by Initialized Capital and B Capital with substantial participation from Rogue VC, has allowed the company to accelerate its vision and expand development efforts, setting the stage for the creation of a space energy grid that will transform the industry by eliminating power generation constraints.

About Star Catcher Industries
Star Catcher is pioneering the first space energy grid – the Star Catcher Network – designed to eliminate power constraints for satellites and other spacecraft. This groundbreaking space-to-space power beaming infrastructure will deliver concentrated solar energy to existing solar panels with no retrofit required, enabling satellites to support more power-hungry payloads, extend operational uptime, perform real-time data processing, and execute more complex missions, all while reducing upfront costs associated with larger satellite buses and solar arrays. Star Catcher was founded in 2024 by seasoned space entrepreneurs Andrew Rush and Michael Snyder, alongside venture capitalist and operator Bryan Lyandvert. The company raised a $12.5 million seed round in July 2024, co-led by Initialized Capital and B Capital.

About Space Florida
Space Florida is where leading aerospace companies get everything they need to see their new ideas take off. As the state’s independent aerospace finance and development authority, Space Florida brings a mix of unrivaled experience, unmatched financial tools, and unbeatable location to the table by providing critical business financing opportunities for the aerospace industry, managing infrastructure investment in the state’s spaceport system, and facilitating research and development, workforce, education, and investment programs. 

CONTACT

Star Catcher
Camille Bergin, CMO (Fractional)
[email protected]

Space Florida
Alayna Curry, APR
[email protected]

SOURCE Star Catcher Industries, Inc.

Daupler Raises $15 Million Series B to Help Utilities Automate Real-time Incident Response Management

The investment, led by Aqualateral, will drive growth within the electric utility market and accelerate international expansion into utilities in the UK and EU

KANSAS CITY, Kan., March 6, 2025 — Daupler, the leading response management solution for utilities and municipalities, announced today that it has closed a $15 million Series B round. Aqualateral, a New York City-based multi-asset investment vehicle focused on water, led the round with participation from existing investors Burnt Island Ventures and KCRise Fund, among others.

With this funding, Daupler will advance AI-driven data analysis and field operations automation, expand its customer base in the electric utility market, and scale globally to improve incident management for critical infrastructure and public services.

The oversubscribed round comes at a pivotal stage of growth, enabling the company to enhance how customers manage service disruptions and emergencies with real-time response tools.

“Aqualateral invests in transformative solutions that empower communities with the resources to be more resilient as they face water and climate challenges more frequently,” said Jiten Manglani, CIO of Aqualateral. “Daupler’s platform is transforming the efficiency and effectiveness of how utilities resolve water-related incidents, emergencies, and service disruptions. Utilities are increasingly strained by extreme weather events, aging infrastructure, and workforce shortages. Daupler offers a vital way for utilities to remain resilient and safeguard communities by ensuring residents receive timely, reliable services when they need them most. We are thrilled to lead this round and join Daupler’s board, supporting their mission to modernize incident response and improve outcomes for communities across the US, UK, and EU.”

“Utilities are under increasing pressure to do more with less, often lacking the staff and resources to efficiently respond to incidents like water main breaks or power outages at any hour,” said John Bertrand, CEO of Daupler. “We founded Daupler to streamline emergency response and improve customer service. Our AI-powered tools not only identify and triage incidents but also automatically schedule and dispatch crews, ensuring faster, more efficient resolutions. This funding allows us to accelerate product innovation, expand further into the electric utility sector, and scale across the UK and EU. We’re excited to partner with Aqualateral, whose commitment to improving communities aligns with our core values as we enter this next phase of growth.”

Driving Product Innovation for Critical Infrastructure
Daupler is accelerating product development to provide its utility clients in 38 U.S. states, Canada, and New Zealand with end-to-end response management solutions. Daupler is expanding its advanced analytics capabilities to help utilities optimize crew formation, dispatch teams, and track progress in real-time. To improve linemen and dispatcher workflows, Daupler is enhancing integrations and expanding tools for proactive customer communication. Daupler’s industry leadership continues to be recognized, with multiple awards at the Smart Water Summit and inclusion in the GovTech Top 100 for the past four years.

Accelerating Utility Market Adoption
With a proven track record in the water sector, Daupler is increasingly supporting electric utilities, including municipalities, IOUs, and co-ops, by modernizing emergency response and customer service operations. Its real-time automation tools streamline callouts, optimize field operations, and enhance customer communication. Growing demand from electric utilities highlights the critical role of automated incident response, and Daupler is well positioned to help utilities deliver faster and more effective service.

Scaling Globally to Serve Utilities 
Building on its growth in the U.S., Daupler is expanding globally to help utilities innovate their incident response management. Water utilities in the UK and EU face many of the same challenges as those in the U.S., including outdated infrastructure, labor shortages, and weather-related disruptions, underscoring the importance of Daupler’s technology as a vital tool for enhancing resilience and expediting response times. By aligning with market-specific regulations and operational requirements, Daupler helps critical infrastructure providers improve and streamline incident response. 

Daupler’s success in the U.S. underscores its ability to drive meaningful improvements in operational efficiency and service reliability as it expands globally. Customers have reported up to a 50% reduction in response times and an 80% decrease in response costs. During Hurricane Helene in September 2024, the company supported its utility customers in North Carolina, South Carolina, and Florida by automating responses to thousands of events. This accelerated service restoration, eased the burden on utility staff, and ensured that millions of people in the hardest-hit areas could stay connected with their service providers.

The City of Durham, North Carolina, adopted the software in 2018, leading to significant improvements in efficiency and service. “Daupler has changed the way we do business,” said Tim Segard, Utilities System Supervisor of Durham. “Our supervisors can efficiently manage on-call staff and dispatch crews, and communication within our teams has improved tremendously. Response times are faster, customer service is better, and crews appreciate having quick access to the tools they need. We couldn’t ask for a better platform.”

By automating incident assessment, optimizing dispatch, and improving communication, Daupler has redefined emergency response for its customers. Now, these capabilities are extending to new markets, helping utilities worldwide modernize operations and strengthen infrastructure resilience.

About Daupler
Powered by the most extensive utility incident AI dataset in the world, Daupler’s Response Management System (RMS) quickly identifies the severity of electric, water, wastewater, and public works infrastructure issues. Daupler is the only end-to-end incident management solution helping utilities identify, triage, and dispatch resources, streamlining response while eliminating manual steps. With Daupler, utilities can effectively respond to critical incidents in real-time, saving money, resources, and time while keeping their communities safe and satisfied. Learn more at www.daupler.com.

About Aqualateral
Aqualateral is a multi-asset class investment vehicle dedicated to addressing local and global water challenges by scaling innovative solutions that transform how water is accessed, treated, distributed, and managed. By working closely with communities, Aqualateral ensures capital flows to solutions that address real on-the-ground needs while delivering measurable value. Bridging the gap between market-driven opportunities and critical water needs, Aqualateral generates triple bottom line returns for communities, investors, and the planet. For more information, visit www.aqualateral.com or follow the firm on LinkedIn.

Media Contact: [email protected]

SOURCE Daupler

GovEagle Secures $2.5M in Funding from Strategic Cyber Ventures, Y Combinator to Enhance Its AI-Powered Proposal Platform

Investment will accelerate product development, expand the engineering team, and advance AI-driven automation and quality improvement for enterprises

WASHINGTON, March 6, 2025GovEagle, an AI-driven proposal platform for government contractors, today announced that it has raised $2.5 million in funding from Strategic Cyber Ventures, Y Combinator, and a group of angel investors. This funding will support the expansion of GovEagle’s engineering team, further enhancing the platform’s ability to streamline and automate the complex government bidding and proposal drafting process.

Organizations face a highly competitive and time-consuming proposal process, often requiring extensive and expensive resources to navigate compliance, eligibility, and submission requirements. GovEagle not only leverages an integrated AI system to help companies reduce draft time from 60 hours to as little as 60 minutes, but also enhances proposal quality by expertly customizing off-the-shelf tooling, ensuring that responses are personalized to an organization’s unique content, style, and voice. Tailored by its team of best-in-class AI engineers, the platform continually enhances its ability to produce exceptional proposals through the easy addition of new documents, knowledge, and RFP amendments for the seamless collaboration of artificial intelligence and company staff.

“Government contractors are in a perfect storm of increasingly demanding RFPs due in collapsing timelines, making it critical to equip businesses with the right tools to support their enterprise needs,” said Akash Mandavilli, co-founder and CEO of GovEagle. “We’re not just building applied AI tools, we’re building the process and user experience that allows authentic, human intelligence to work with, and be superpowered by, artificial intelligence. This investment will enable us to scale our platform’s capabilities while maintaining the best-in-class quality that our customers rely on.”

GovEagle offers a readily-available, robust suite of features tailored for the GovCon industry, integrating seamlessly with existing tools, processes, and systems. GovEagle supports frictionless adoption and is compatible with tools like Sharepoint, Microsoft Word, SalesForce, Hubspot, Box, and more.

“GovEagle’s AI for proposal writing offers government contractors an off-the-shelf, proprietary tool that immediately reduces cost, helps win more contracts, and allows them to focus on achieving mission results for their clients,” said Hank Thomas, Managing Partner at Strategic Cyber Ventures. “This product delivers speed and efficiency to Washington at a time when speed and efficiency are more critical than ever.”

Since its launch in 2022, GovEagle has helped clients submit thousands of proposals across federal, state and local government opportunities, driving success in contract acquisition while maintaining the highest standards of security and compliance. GovEagle operates in FedRAMP High cloud environments and is in the final stages of achieving FedRAMP Moderate Equivalency. The platform meets NIST SP 800-171 and CMMC controls, ensuring secure and compliant handling of CUI and sensitive data. All data is encrypted at rest and in transit, with strict AI policies that prohibit data retention or use for model training.

About GovEagle
GovEagle is an AI-powered platform that automates the proposal process, helping companies integrate with existing knowledge silos and tools to identify opportunities, generate compliant proposals, and improve their win rates. Purpose-built for the contracting community, GovEagle helps proposal and capture teams move from RFP to pink-team drafts in hours, instead of days or weeks. Its all-encompassing proposal functionality goes beyond compliance, assisting teams with crafting compelling, high-quality content. Backed by industry-leading investors, GovEagle is redefining how companies approach the proposal process.

Learn more at GovEagle.com.

SOURCE GovEagle

Evolution Equity Partners Adds Cyber Investor Veteran John Cordo

Cordo joins Evolution as the firm expands its capital base, team, and access to best-of-breed cybersecurity and AI software companies amidst growing investment opportunities.

NEW YORK, March 6, 2025 — Evolution Equity Partners, a leading venture capital investor, is thrilled to announce that John Cordo has joined the firm. John joins a team of thirty investment professionals and eight general partners focused on investing in best-of-breed cybersecurity and AI companies. He serves as an Evolution Board Observer to Halcyon and Torq.

Cordo brings over a decade of experience as a cybersecurity investor. John started his career at Blackstone, where he invested from the Blackstone Innovations venture corporate capital portfolio in early-stage cybersecurity companies. Most recently, John specialized in cybersecurity investing with growth equity firm Brighton Park Capital. Notable investments over John’s career include Silverfort, Immuta, HUMAN, BigID, CloudGenix (acquired by Palo Alto Networks), CloudKnox (acquired by Microsoft), Respond Software (acquired by FireEye), and SKOUT Cybersecurity (acquired by Barracuda Networks). John graduated magna cum laude with a BS in Finance, Accounting, and Economics from the Carroll School of Management Honors Program at Boston College.

“Evolution recently completed a $1.1 billion capital raise expanding our capital base, team, and access to best-of-breed cybersecurity software companies amidst growing investment opportunities,” said Richard Seewald, founder and managing partner of Evolution Equity Partners. “We are thrilled to welcome John Cordo to the Evolution team. His extensive experience coupled with strong leadership skills make him an integral addition to our team.”

“Evolution Equity Partners is a differentiated firm due to its cyber-dedicated investors, operators, entrepreneurs, and technologists,” said Cordo. “I look forward to applying my experience alongside this talented team to drive impact and innovation.”

About Evolution Equity Partners

Evolution Equity Partners, based in New York City, Palo Alto, London and Zurich, partners with rapidly growing cybersecurity and AI software companies that safeguard our digital world. The firm was founded by investor and technology entrepreneurs Richard Seewald and Dennis Smith, who manage and lead the firm, and its partners have been involved as founders, investors and as senior operating executives in leading software companies around the world. Evolution has invested in over fifty cybersecurity companies, building a growing portfolio of market leaders. Learn more at www.evolutionequity.com and follow us on LinkedIn and Twitter.

SOURCE Evolution Equity Partners

PetScreening Closes $80 Million in Series B Funding

The company will use growth capital to enhance its products, scale its team and expand market share

MOORESVILLE, N.C., March 6, 2025 — PetScreening®, which offers the rental housing industry’s first and leading pet policy management software at no cost to property owners and managers, today announced it has received $80 million in Series B funding. The funding round was led by leading technology-focused investment firms Volition Capital and Guidepost Growth Equity. PetScreening will use the funding to continue to grow the company’s market presence, build its team and bring innovative products focused on maximizing pet- and assistance animal-related compliance to market.

“We could not be more appreciative of the support of these highly respected growth equity firms,” said John Bradford, founder and CEO of PetScreening. “PetScreening has built a clear reputation as the industry’s premier pet management and assistance animal compliance platform. We’ve done this in large part because our solutions and our team offer housing providers unparalleled support in complying with the Fair Housing Act and other applicable regulations. As we move forward, we’re excited about our ability to innovate and provide clients even more valuable tools to ensure compliance, reduce risk and manage onsite pet and animal populations.”

PetScreening now serves more than 7 million rental units in the multifamily, single-family, student, affordable, manufactured and military base sectors nationwide. Since its launch in 2017, the company has helped owners and operators capture nearly $300 million in pet-related revenue that otherwise would have been lost. Over 1.3 million reasonable accommodation requests for assistance animals have been created through its platform. 

“After an extensive review of the pet management and assistance animal compliance market, it was clear that PetScreening is the category leader,” said Chris Cavanagh, General Partner at Guidepost Growth Equity. “The company has built an outstanding reputation among property owners and managers by offering the most sophisticated compliance capabilities in the industry while maintaining a seamless experience for renters. We are excited to partner with John and the PetScreening team as they continue to expand their market leadership.”

PetScreening currently has more than 135 employees and occupies 32,000 square feet of modern, pet-friendly office space in Mooresville, N.C. The company, which plans to significantly expand its headcount this year, has been recognized on the Inc. 500 and Deloitte Technology Fast 500 lists, and was included in the Charlotte Business Journal’s 2024 Fast 50 ranking. PetScreening also has continued to innovate for pet owners by launching a no-cost, one-of-a-kind “Amber Alert” service for lost dogs (FidoAlert) and cats (TabbyAlert) and acquiring a veterinarian-driven content asset, BetterPet.com.

“PetScreening is pioneering how property managers and pet owners navigate pet policies and risk management,” said Roger Hurwitz, Managing Partner at Volition Capital. “The team is executing against its vision of creating a holistic pet management platform for the rental housing market and has quickly become the gold standard in the industry. PetScreening has the domain expertise, market-leading solution and resources to capture this significant untapped market opportunity with its strong value proposition for both operators and consumers.”

PetScreening makes it easy for renters to share information about their pets while helping property owners apply pet policies fairly and consistently. Through the PetScreening platform, a rental applicant enters information about their pets into the only centralized pet-screening database to analyze rental housing-related risk. The platform weighs various pet-related factors, including a community’s specific restrictions, such as breed, weight and age. This provides property owners with a streamlined process to comprehensively assess a specific pet and pet owner who wants to live at a rental property. Non-pet owning residents fill out a free profile to demonstrate they are aware of the community rules and will adhere to them should they acquire, foster or sit for a pet/animal during their stay. PetScreening also evaluates reasonable accommodation requests for service animals and support animals within the rental housing industry.

About PetScreening
Offering the industry’s first and leading pet policy management software, PetScreening helps housing providers manage residents’ pets and assistance animals for free while generating opportunities for pet-related revenue. The digital screening platform standardizes risk-assessment for household pets by providing a digital Pet Profile and FIDO Score® for each pet screened. PetScreening also streamlines the assistance animal accommodation request review process while following HUD guidelines, and it helps limit unauthorized pets. The platform seamlessly integrates with third-party software such as Yardi, OneSite, Entrata, ResMan, Rent Manager, Appfolio, Buildium and many more. As a fast-growing innovator in the rental housing technology space, PetScreening has received multiple awards and honors in recent years, including recognition from the Inc. 5000, Deloitte’s Technology Fast 500, the NC TECH Awards and the Charlotte Business Journal’s Fast 50. For more information, visit www.petscreening.com.

About Guidepost Growth Equity
Guidepost Growth Equity is a leading core growth equity firm that partners with entrepreneur-led companies utilizing technology to transform industries within application and infrastructure software and tech-enabled and data services. Current and prior investments include ActiveViam (acquired by Nordic Capital), ClassWallet, Lucid (acquired by Cint Group AB), Mineral (acquired by Mitratech), OutSystems, Traction on Demand (acquired by Salesforce), and Tractive. The firm is headquartered in Boston, MA.

Guidepost Growth Equity provides the flexible capital, operational assistance, and strategic guidance necessary to support the continued success of high-growth businesses and has over $1.9 billion of capital under management. For more information, please visit their website

About Volition Capital
Volition Capital is a Boston-based growth equity firm that principally invests in high-growth, founder-owned companies across the software, Internet, and consumer sectors. Founded in 2010, Volition has over $1.7 billion in assets under management and has invested in and/or provided sub-advisory advice to more than 60 companies in the United States and Canada. The firm selectively partners with founders to help them achieve their fullest aspirations for their businesses. For more information, visit www.volitioncapital.com.

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SOURCE PetScreening