JERSEY CITY, N.J., May 13, 2025 — 1Konto, the institutional platform transforming global settlement through stablecoin infrastructure, has won the 2025 Fintech Meetup Pitch Competition. The company was selected as the top innovator among hundreds of fintech startups and growth-stage ventures building the future of financial infrastructure.

Trusted by banks, corporate FX platforms, and payment service providers, 1Konto is enabling real-time cross-border payments and FX settlement for institutions at scale. The company’s flagship platform, 1KPrime, replaces outdated SWIFT-based workflows with capital-efficient digital rails that reduce settlement times from days to minutes. The prize included a $50,000 investment from Commerce Ventures. Judges included senior leaders from Commerce Ventures, J.P. Morgan, Mastercard, and Goodwin Law.

“After completing extensive theme work on stablecoin infrastructure for cross-border payments, 1Konto’s presentation at Fintech Meetup stood out to us as a real-world solution that institutions are already using at scale,” said Dan Rosen, General Partner at Commerce Ventures. “It represents exactly the kind of infrastructure layer we think is critical in this next phase of FinTech innovation.”

“Winning this competition reflects the market’s demand for faster, smarter infrastructure,” said Edwin Handschuh, Cofounder and CEO of 1Konto. “Our real-time settlement platform is solving critical friction for institutions — especially those moving funds across borders with stablecoins.”

1Konto’s platform enables under-one-hour settlement, deep liquidity access via OTC and API, and integrated compliance controls designed to streamline complex fund flows across fiat and stablecoins. Clients use 1KPrime to move money across USD, EUR, GBP, MXN, AUD, and major stablecoins in a compliant, transparent, and capital-efficient manner.

The company has processed over $3.5 billion in volume and serves over 80 institutional counterparties. Revenue has increased more than 7.4x year-over-year as adoption accelerates across the payments and capital markets sectors.

Following the competition win, 1Konto is focused on expanding its institutional client base, launching additional settlement corridors, and deepening integrations with leading custodians and liquidity providers. Through the rest of the year, the company will continue building out automated, composable fund flows to support scalable global treasury operations.

Where We’re Headed

As traditional financial institutions increasingly seek faster, programmable alternatives to legacy rails, 1Konto is positioning itself as the aggregation and orchestration layer connecting global capital flows. In addition to expanding corridor coverage, the company is developing infrastructure to support automated, rules-based treasury workflows. This will enable counterparties to initiate, route, and settle payments programmatically across fiat and stablecoins. With growing demand from regional and global banks, cross-border PSPs, and corporate FX platforms, 1Konto’s roadmap includes deeper integrations with banking and custody partners, expanded access via white-label APIs, and real-time audit trails to support compliance in multi-jurisdictional environments. This next phase of infrastructure aims to give institutions more control, speed, and transparency in how they move value globally.

About 1Konto

1Konto is building the neo-industrial bank powering the next generation of financial platforms. Operating at the core of institutional fund flows, 1Konto replaces outdated FX, payments, and settlement systems with real-time, programmable infrastructure built on stablecoins. Trusted by banks, corporate FX platforms, payment service providers, asset managers, and OTC desks, 1Konto enables fast, compliant, and capital-efficient trading, treasury, and cross-border settlement across fiat and digital assets.

Media Contact:
Alexandra Cech
302-291-2479
[email protected]

SOURCE 1Konto Inc.

As demand grows for AI-powered internal audit tools in labor-intensive industries,
the company secured a seed funding round led by Team8

TEL AVIV, Israel, May 13, 2025 — Celery, a financial operations platform that leverages artificial intelligence to automate internal controls, today announced that it has raised $6.25 million in seed funding. The round was led by Team8, with participation from Verissimo Ventures, Centre Street Partners, 97212 Ventures, and additional strategic angel investors. This brings the company’s total funding to $9 million.

Designed for healthcare and other labor-intensive industries, such as construction, hospitality, and manufacturing, Celery replaces hours of manual reviews with intelligent audit agents that detect fraud, compliance risks, and financial inefficiencies in minutes, with no software setup or system integration required.

Celery has rapidly evolved from a payroll auditing tool identifying discrepancies, policy violations, and overtime inefficiencies to a comprehensive financial monitoring system for corporate revenue and expenses.

The company’s solutions can reduce manual oversight by up to 91%, cut payroll costs by 0.6% on average, and deliver 8x ROI. To date, Celery has processed over 430,000 payslips, analyzed more than $550 million in payroll data, and prevented $2.3 million in losses for its customers.

“Finance leaders today are being asked to do more with less,” said Yuval Brot, CEO and co-founder of Celery. “Yet, financial controls are still being done manually—often across massive spreadsheets and disconnected systems. We built Celery to replace this outdated workflow with real-time, automated oversight that’s accurate, fast, and cost-effective.”

Celery was founded by Yuval Brot (CEO), a serial entrepreneur; Noam Slomianko (CTO), a cyber expert and the first employee of Vulcan Cyber (acquired by Tenable); and Hillel Shalev (COO), a CPA and former biotech CFO who knows the challenges of managing complex, error-prone financial systems.

“I spent years chasing down revenue leakage errors and reconciling spreadsheets that should never have needed fixing,” said Shalev, co-founder and COO of Celery. “I knew there had to be a smarter way—one that could reduce risk, flag unprofitable clients, and detect potential revenue losses, all while giving finance leaders confidence that nothing is slipping through the cracks.”

Celery’s solutions are already used by dozens of U.S. healthcare organizations, including New York-based provider Ultimate Care, which reduced its annual overtime and billing discrepancies by more than $200,000 after adopting the platform. Within weeks, the company found hidden payroll issues, gained immediate ROI, and automated their auditing process..

“Finance leaders are under pressure to cut costs and ensure compliance, yet many still rely on manual oversight,” said Hadar Siterman-Norris, Partner at Team8. “Celery gives CFOs precision and visibility into risks hidden in their data, enabling smarter, leaner operations. With 82% of CFOs increasing fintech spend in 2025, this is exactly the kind of high-ROI solution they’re prioritizing. Automation is solving what manual reviews can’t.”

The company will showcase its platform later this month at LTC 100, alongside leading fintech investors and CFOs across the healthcare industry.

The new capital will be used to expand Celery’s go-to-market operations, accelerate product development, and launch new audit agents focused on expense review, fraud detection, and fixed asset controls. The company is also exploring channel partnerships with payroll providers and accounting platforms.

About Celery
Celery is an AI-driven financial oversight platform that helps finance teams catch costly financial errors — before they impact the bottom line. Built for healthcare and other labor-intensive industries, Celery replaces manual complex reviews with intelligent audit agents that detect fraud, compliance risks, and inefficiencies in minutes. Starting with payroll audits, the platform has expanded to revenue and expense monitoring, giving CFOs real-time visibility into profit gaps and opportunities for optimization. Founded in 2023, the company is trusted by leading U.S. healthcare providers and supports finance teams nationwide. Celery is SOC 2 certified. Learn more at celeryway.com.

Media Contact:
Sivan Ron
LoBello Communications 
[email protected]

SOURCE Celery

This vision is backed by a $6 million seed funding round, led by Elevation Capital, with support from Foster Ventures, Powerhouse Ventures, Darkmode Ventures, and notable angel investors. The funding underscores the significant potential of Adopt AI’s agent experience solution to disrupt the market.

Founded by Deepak Anchala, Rahul Bhattacharya, and Anirudh Badam, Adopt AI is emerging from stealth mode with a platform designed to enable applications to instantly deliver an agentic experience to their end users.

Deepak and Rahul, former co-founders of Slintel, a sales intelligence platform, have a proven track record in building successful ventures. Their previous venture, Slintel, raised $25M from top investors, scaled to 100+ employees and over 300 customers before being acquired in 2021 by 6sense.

Adopt has assembled an accomplished team of AI engineers from industry leaders such as Microsoft and Google. Anirudh Badam, Chief AI Officer, brings more than a decade of AI/ML expertise from Microsoft’s Seattle headquarters, while Vijay Sagar, a founding AI engineer, spent a decade at Google’s Silicon Valley office developing machine learning models.

We are at a pivotal moment in how software is built and experienced,” said Deepak Anchala, Founder and CEO of Adopt AI. “For too long, users have had to adjust to the rigid workflows of applications. Adopt AI shifts this by enabling B2B and consumer applications with complex workflows to evolve into intelligent agents without the need to re-architect the stack. Our platform integrates with existing applications, transforms them into agent-driven experiences, and ensures users can take actions with natural language—boosting retention and driving engagement, while providing companies full control over the underlying AI technology.

“Adopt AI is at the forefront of a transformative shift in how applications engage with users,” stated Krishna Mehra, Partner, Elevation Capital. “Their innovative approach to empowering applications with intelligent AI agents has the potential to redefine user experiences across industries. We are excited to support a team that is not only building the future of AI-powered interactions but also delivering tangible value to businesses today.”

Adopt AI’s solution streamlines the creation and deployment of AI agents for applications, offering businesses a no-code solution that accelerates agent creation and deployment while reducing costs. Key features include:

• Agent Builder: A no-code builder that helps companies build, launch and monitor the agent experience for their application instantly by automatically learning the application and automagically generating actions
• Agent Experience: An AI-powered conversational interface that offers flexible embedding capabilities, both within and external to the application, and can execute actions via natural language, providing users with a more intuitive and efficient way to accomplish their tasks.

The announcement coincides with the launch of Adopt AI’s Early Access Program, offering businesses the opportunity to pilot the solution and collaborate closely with the Adopt AI team. Companies eager to transform their applications are invited to learn more and apply for the program – Early Access Program

Early Access Program Quotes:

‘We’re entering a new era where software adapts to human language, not the other way around. Point-and-click interfaces will give way to natural conversations — through text or voice. Adopt provides the tools to accelerate that transformation.’ – Viral, Cofounder and CTO, 6sense

“As the industry accelerates towards agentic AI, Adopt AI stands out as a highly promising platform. Adopt AI has the potential to be a game-changer in how organizations approach intelligent workflow automation and multi-step task orchestration. Its approach is forward-thinking and well-aligned with where the future of enterprise AI is headed” – Neel Mehta, Senior Product Manager, Zuora

“Adopt AI provides the tools and flexibility needed to build agentic solutions quickly and effectively, giving companies a significant advantage in streamlining their operations.” – Pushpak Teja, Senior Product Strategy Manager at Moengage     

“Adopt has fundamentally changed how we think about building our product. It gave us a faster go-to-market, complete control over AI behavior, and exponential coverage of actions across our product without needing to rebuild anything. It fits right into our existing infrastructure, brings discipline to how we design APIs, and lets us focus on core product development while Adopt handles the AI heavy lifting. This is how modern products should think about agentifying their platforms.” – Ajay Vardhan, CTO & Co-Founder Spendflo

About Adopt AI: Adopt AI is an Agentic AI company focused on helping applications get jobs done for their end users. Adopt agentifies applications instantly – by automatically fetching APIs, content, entities, URLs, and other tools from applications and auto-generating a variety of actions (including CRUD actions, navigation, assist, and analytical actions) that work via natural language prompts. Development teams can refine workflows, introduce advanced logic and test via in a sandbox environment before they deploy the agent experience for their end users.

Adopt AI’s solution enables application companies to rapidly transition to the agentic era, leading to enhanced user experience, greater adoption rates, and reduced customer support costs. By simplifying the interaction layer between humans and applications, Adopt AI streamlines the software development process, expedites feature launches, and envisions a future where AI agents act as the main point of interaction for end users of applications.

Contact:

[email protected]

SOURCE Adopt AI

Funding from new investor Future Ventures and returning investor Khosla Ventures follows the company’s record-breaking achievement of the highest magnetic field ever applied in a magnetic confinement experiment last July

MADISON, Wis., May 13, 2025 — Fusion energy startup Realta Fusion today announced an oversubscribed $36 million Series A round to bring its compact, scalable, modular magnetic mirror fusion technology closer to commercialization.

Future Ventures led the round with participation from Mayfield, GSBackers, SiteGround, Avila VC, and other investors. Existing Realta Fusion investors Khosla Ventures, Wisconsin Alumni Research Foundation, and TitletownTech also participated in the round.

“This funding allows us to validate our plasma simulations using real-world experimental data, bringing us dramatically closer to making fusion energy real,” said Realta Fusion CEO Kieran Furlong. “From there we will design a prototype fusion device that is as de-risked as you can get it, before we actually go build it. We aim to have it operating by 2028.”

The need for limitless energy

Today’s energy sources are insufficient to handle the increasing global demand in the decades to come. Fusion energy – which recreates the conditions that power the sun and stars – could provide nearly limitless power that is safe, reliable, and zero-carbon.

Compact, scalable, modular fusion energy systems

Realta Fusion’s device is a compact, scalable, modular (CoSMo^™) fusion energy system, which offers the lowest cost and shortest pathway to commercial fusion energy. Realta Fusion’s energy system is designed to deliver industrial heat and power on-site for a wide range of applications, including data centers, chemical plants, metal recycling, remote mining, and other heavy industry.

The system is based on the compact magnetic mirror concept, in which extremely strong magnets trap super-heated hydrogen gas between two ends of a simple cylinder. Hydrogen atoms within the cylinder collide and fuse together, releasing massive amounts of carbon-free energy that can be delivered as heat or electricity.

Customer benefits of CoSMo^™ fusion energy systems

CoSMo^™ fusion energy systems offer clear benefits to industrial customers compared to other plasma confinement approaches:

• Compact: Relying on the latest generation of high temperature superconducting magnets allows Realta Fusion to build much more compact fusion energy systems, offering a substantially smaller footprint suitable for a wide variety of industrial sites.
• Scalable: Realta Fusion’s CoSMo^™ energy systems would scale from 50MW to 500MW of power output. Multiple units can be used for very large applications, providing multiple paths to market for fusion energy.
• Modular: The cylindrical form of Realta Fusion’s energy systems allows them to scale linearly by inserting additional standard modules, which can be manufactured repeatedly and reliably at a central facility. This enables on-site assembly to match the specific power needs of customers across multiple industries at lower cost. Realta Fusion’s CoSMo^™ energy systems would be manufactured in a factory setting and shipped on-site for assembly to match the specific power requirements of customers across multiple industries.

“As one of the few fusion startups that have demonstrated an actual operating plasma, they can be one of the leaders in this space,” said Future Ventures co-founder Steve Jurvetson, an early investor in Tesla, SpaceX, Planet, xAI, and D-Wave.

De-risked path to commercial fusion

With this funding, Realta Fusion will advance the physics of the experimental magnetic mirror fusion device currently operating at the University of Wisconsin-Madison and support the engineering and design of their own prototype CoSMo^™ fusion energy system. Additionally, the company will continue to grow its team and complete plans for The Realta Forge – a purpose-built fusion R&D facility.

“Realta Fusion is taking a truly different approach by building compact, modular reactors that can scale to meet the needs of a wide range of customers and create multiple viable paths to market,” said Alice Brooks of Khosla Ventures. “We led their first seed round and are excited to continue backing Kieran and the team.”

Future Ventures co-founder Maryanna Saenko noted “We’re investing early in Realta Fusion because they’re charting a faster, more flexible path to commercial fusion. By focusing on compact magnetic mirror systems, Realta addresses a critical decarbonization need that larger projects aren’t targeting. It’s a nimble, application-driven strategy that could bring fusion benefits to market sooner.”

About Realta Fusion

Realta Fusion spun out of an experiment at the University of Wisconsin-Madison funded by the U.S. Department of Energy’s Advanced Research Projects Agency – Energy. The experiment was the first to use high temperature superconducting magnets in a magnetic mirror configuration and confined its first plasma at a world-record breaking magnetic field strength of 17 Tesla.

SOURCE Realta Fusion Inc

Funds will accelerate U.S. expansion, new co-pilot development, and help launch industry-first LLM – “HyperLM” – pre-trained with millions of data points & reasons for finance and accounting.

DOVER, Del., May 13, 2025 — Hyperbots, the agentic AI platform for finance and accounting, announced today that it has raised a $6.5 million Series A round co-led by Arkam Ventures and Athera Venture Partners. The round also saw participation from new investor JSW Ventures and existing investors, Kalaari Capital, Sunicon Ventures, and Darashaw & Company Sunicon Ventures, and Darashaw & Company.

Hyperbots focuses on transforming finance operations for mid-market enterprises. The funds will accelerate U.S. go-to-market efforts and the development of new AI co-pilots, including the launch of HyperLM, the industry’s first large language model trained exclusively on finance and accounting data.

Founded in 2023 by Niyati Chhaya, Ram Jayaraman, and Rajeev Pathak, Hyperbots automates finance workflows across procure-to-pay, order-to-cash, expense management, analytics, and reporting. Each co-pilot is built in collaboration with CFOs. The team worked with 25+ design partners in the U.S. over 18 months before launching its MVP. The co-pilots integrate with leading ERP, CRM, and finance systems.

Since launch, Hyperbots has delivered over 80% straight-through processing, 99.8% document accuracy, and reduced manual intervention by up to 80%, driving faster cycle times and lower costs.

Hyperbots is on track to serve 100+ U.S. clients this year across sectors including healthcare, media, manufacturing, retail, EV infrastructure, construction, oil & gas, pharma, and real estate.

Rajeev Pathak, Co-founder & CEO, Hyperbots said, “We are entering a new era of finance-and-accounting transformation in the U.S. With our proprietary, domain-trained AI models and agentic workflow engine, we can finally automate the heavy, error-prone work that’s been holding finance teams back. This round gives us the resources to deepen our R&D, accelerate go-lives, and build a GTM ecosystem that will let every mid-market CFO run world-class F&A operations—at a fraction of today’s cost and effort.”

Bala Srinivasa, Managing Director, Arkam Ventures, said, “We were impressed by the accuracy and product breadth of the Hyperbots’ agentic AI suite for such a young company.  We are excited to back the Hyperbots team that combines deep AI expertise with a relentless focus on customer value and satisfaction.”

About Hyperbots

Hyperbots transform F&A functions using proprietary AI agents that can read structured and unstructured data, process invoices, match and reconcile them, manage accruals, validate taxes, check payment terms, and recommend GL codes for ERP posting with zero to minimal human intervention. Multiple specialized AI co-pilots operate on top of a finance-specific foundational architecture that enables superior intelligence in an F&A context (language, vision, reasoning, interpretation, recommendation, prediction, redaction, exception handling etc.)

Visit: https://www.hyperbots.com/

Photo – https://mma.prnewswire.com/media/2684801/Co_Founders_Hyperbots.jpg
Logo – https://mma.prnewswire.com/media/2684800/Hyperbots_Logo.jpg

SOURCE Hyperbots

• Funding is part of the call for proposals “Innovations in Biotherapies and Bioproduction,” coordinated by the Health Innovation Agency under France 2030 strategy, operated on behalf of the French government by Bpifrance

PARIS, May 13, 2025 — Eligo Bioscience, a biotechnology company pioneering the development of novel genetic medicines, today announced it has secured a $5 million grant from the French government to accelerate the advancement and scaling up of Eligo’s proprietary topical gene delivery platform, designed to enable local production of therapeutic biologics directly by skin-resident bacteria.

This grant follows recent key milestones for Eligo, including the publication of its microbiome base-editing platform in Nature, securing multiple foundational patents covering in situ editing of the skin microbiome, and successfully expanding its Series B funding round to $35 million. This latest non-dilutive financial support strengthens Eligo’s capacity to rapidly advance its clinical pipeline.

Scaling up and advancing towards the clinic

Building on the development of its first-generation CRISPR-based topical therapeutic targeting moderate to severe acne vulgaris, Eligo will now optimize and scale up the bioproduction process of its innovative gene delivery vector ahead of later-stage clinical trials. In this endeavor, Eligo is partnering with Biose Industries, a globally recognized CDMO specializing in microbial fermentation. Biose’s extensive GMP expertise in scaling complex microbial therapeutics will be instrumental in accelerating Eligo’s progress toward clinical validation.

“This funding empowers us to establish a robust bioproduction process for our first-in-class topical microbiome-targeting gene-editing therapies, laying the groundwork for expanding into a wide range of immuno-dermatological indications,” said Dr. Xavier Duportet, CEO and Co-Founder of Eligo Bioscience. “It reinforces our ambition to deliver truly transformative therapeutic solutions, addressing critical medical challenges faced by millions of patients worldwide.”

Expansion to immuno-dermatology targets

The skin microbiome plays a pivotal role in cutaneous immune regulation, and commensal bacteria residing within the hair follicle lie in immediate proximity to resident immune cells.

Eligo’s unique in-situ delivery modality enables to perform in-situ genetic engineering of these commensal bacteria, turning them as localized bioreactors that can express high-potency biologics precisely where immune dysregulation occurs.

The new funding will support the exploration of multiple therapeutic payloads and the build-out of a diversified immuno-dermatology pipeline targeting chronic inflammatory and immune-mediated skin diseases with significant unmet need.

For more information about Eligo Bioscience, France 2030, and Bpifrance: eligo.bio/france2030.

Photo: https://mma.prnewswire.com/media/2684935/Eligo_Bioscience.jpg
Logo: https://mma.prnewswire.com/media/1533529/Eligo_Bioscience_Logo.jpg

Contact :
[email protected] 

SOURCE Eligo Bioscience

Vitruvian Partners and WestCap Co-Lead Round with Support from 8VC, Valor Equity Partners and EDBI

NEW YORK, May 13, 2025 — Addepar, a leading global technology and data platform that investment professionals rely on to make the most informed, data-driven investment decisions, announced today the closing of its $230 million Series G investment round. The round was co-led by Vitruvian Partners, headquartered in London, and returning investor, New York-based WestCap, with additional participation from longtime partners 8VC and Valor Equity Partners. Global investor EDBI, operating under SG Growth Capital—the investment platform of the Singapore Economic Development Board (EDB) and Enterprise Singapore—also joined this round as a new investor.

Addepar’s clients use its platform to manage and advise on more than $7 trillion in client assets, up from $5 trillion just a year ago. The company adds more than $25 billion in new assets on average each week, and serves more than 1,200 client firms across more than 50 countries. Addepar is the platform of choice for single-family offices, RIAs, large banks, institutional asset owners and alternative fund managers. With hundreds of thousands of users worldwide, Addepar has become a leader in wealth and investment management technology and data, and delivers outsized value specifically in times of market volatility.

“This investment round reflects the deep trust our investors have in our mission, and the exceptional value we consistently deliver to our clients,” said Eric Poirier, Chief Executive Officer at Addepar. “Since day one, our focus has been on building a unified platform that equips investment professionals with advanced technology, precise data, and actionable insights—essential tools for achieving extraordinary outcomes in today’s rapidly evolving financial landscape. This funding aims to reward everyone who has contributed to our mission during our first 15 years, and reinforces our commitment to empowering the world’s leading firms with deep and lasting innovation. It ensures that our clients are empowered with the right technology, data and tools to navigate the full range of market conditions with confidence.”

Addepar continues to invest over $100 million annually in research and development and is on track to achieve profitability in 2025. The proceeds from its Series G financing will primarily be used to provide liquidity to employees and other investors through a tender offer, allowing them to realize the value of their contributions. In addition, it will further accelerate investments in innovation and client capabilities, enabling firms to differentiate themselves in an increasingly competitive market. Addepar continues to deliver exceptional client satisfaction and retention, strong revenue growth, and rapid product innovation at scale.

“Addepar has established itself as a category leader in investment technology with a strong track record of innovation and measurable global impact,” said Luuk Remmen, Partner at Vitruvian Partners. “We’re proud to bring more than capital to this partnership—offering strategic insight to help accelerate Addepar’s next phase of global growth and extend its transformative solutions to more investment professionals worldwide.”

“We’re proud to deepen our partnership with Addepar as they push the boundaries of innovation across the wealth management ecosystem, providing essential solutions for today’s investment managers,” said Jaime Hildreth, Partner at WestCap and Addepar board member. “We recognized Eric and the Addepar team’s vision from the outset and will continue to work alongside their team to build, scale, and pioneer the future of investment management.”

Born in response to the 2008 global financial crisis, Addepar has maintained an unwavering focus on empowering investment professionals with the best data, technology and insights. In doing so, it has set a new standard for the world’s leading wealth managers and investors.

“Addepar is building the global operating system for investment professionals—connecting data, insight, and action in one powerful platform,” said Joe Lonsdale, General Partner at 8VC and Addepar’s Co-founder and Chairman of the Board. “This milestone reflects the market’s belief in that vision and the strength of the team driving it. As Addepar expands its global reach, it’s redefining how capital is managed and decisions are made across the investment ecosystem.”

Today, amid significant market turbulence and economic uncertainty, Addepar is uniquely positioned to double down on innovation—expanding its platform to help clients navigate volatility, manage risk, and deliver differentiated value to their own clients with greater speed, accuracy, and insight. As the company continues to grow, it remains deeply committed to driving meaningful, long-term impact across global markets by empowering firms to act with greater clarity and confidence.

About Addepar
Addepar is a global technology and data company that helps investment professionals provide the most informed, precise guidance for their clients. Hundreds of thousands of users have entrusted Addepar to empower smarter investment decisions and better advice over the last decade. With client presence in more than 50 countries, Addepar’s platform aggregates portfolio, market and client data for more than $7 trillion in assets. Addepar’s open platform integrates with more than 100 software, data and services partners to deliver a complete solution for a wide range of firms and use cases. Addepar embraces a global flexible workforce model with offices in Silicon Valley, New York City, Salt Lake City, Chicago, London, Edinburgh, Pune and Dubai.

About Vitruvian Partners
Vitruvian Partners is a global growth-focused investor with offices across London, Stockholm, Munich, Madrid, Luxembourg, Mumbai, Singapore, Shanghai, Miami, and San Francisco. Vitruvian focuses on dynamic situations characterized by rapid growth and change across asset-light industries. Vitruvian has over $20 billion of active funds which have backed many global winners and leaders in their sectors, including Wise, Marqeta, CFC, Global-e, Darktrace, Just Eat, and Skyscanner. Further information can be found at www.vitruvianpartners.com. 

About WestCap
WestCap is a strategic operating and investing firm that partners with visionary leaders to build generational businesses. Our team is comprised of seasoned industry leaders and entrepreneurs who guide companies through the most pivotal stages of growth. Some of our notable investments include Airbnb, StubHub, Ipreo, Addepar, Hopper, iCapital, SIMON, and GoodLeap. The firm has offices in New York, San Francisco and London. For more information, please visit www.westcap.com.

SOURCE Addepar

Investment led by Fulcrum Equity Partners to accelerate Olio’s mission of transforming care coordination.

INDIANAPOLIS, May 12, 2025 — Olio, the leading software platform streamlining care coordination, announced today the closing of an $11 million Series B funding round. The round was led by Fulcrum Equity Partners with participation from Mutual Capital Partners (MCP), a growth equity firm specializing in scaling innovative healthcare and B2B software companies.

Philip Lewis, Partner at Fulcrum Equity Partners, states, “Olio is transforming a manual, error-prone, and unscalable discharge process. With real-time patient status across the care continuum, providers can truly drive performance.” Bill Trainor, Partner at Mutual Capital Partners, adds, “With rising demand for operational efficiencies and data-driven cost savings, we’re excited to continue partnering with Olio to improve patient outcomes and reduce readmissions and costs.”

Olio empowers payers, health systems, and physician groups to efficiently manage patient transitions across care settings: Skilled Nursing, Home Health, Behavioral Health, Long-Term Care, and more. Olio delivers improved outcomes and operational efficiencies, enabling organizations to engage their entire footprint at scale, addressing a critical need in the care continuum.

With new capital, Olio plans to expand its product offerings and accelerate go-to-market initiatives, deepening its impact on healthcare organizations nationwide.

“Olio is solving one of healthcare’s most critical challenges — connecting care across the continuum in a scalable, impactful way,” said Jill Sharp, Sr. VP of Care Delivery, Emcara Health, and Olio board member. “I’m thrilled to support a company that is not just innovating, but truly transforming how providers partner with each other for better patient care.”

“At Olio, our mission is to transform the way healthcare organizations coordinate care,” said Ben Forrest, CEO of Olio. “The continued investment from Fulcrum Equity Partners, combined with the support from Mutual Capital Partners, positions us to scale our impact and drive meaningful change across the industry.”

Olio’s growth reflects a broader shift in healthcare toward operational excellence, where seamless transitions and stakeholder alignment are paramount. With proven success stories and new strategic partnerships, Olio is poised to lead this next chapter of healthcare innovation.

About Olio
Olio makes complex care more organized, coordinated, and effective, improving patient outcomes by requiring mutual participation in processes that work. When providers work together seamlessly and effectively, people and populations get better. Learn more at https://www.olio.health/.

About Fulcrum Equity Partners
Fulcrum Equity Partners is an Atlanta-based growth equity firm that gives entrepreneurs the capital and hands-on support they need to take their companies further, faster. Fulcrum invests in healthcare services and B2B tech executives searching for $5 million to $35 million of equity in minority and majority growth opportunities. Fulcrum’s partners believe in building businesses the right way, meeting teams where they are, and helping them imagine a bigger and brighter future by building the right systems, processes, teams, and culture. All of that starts with the right experience, the right support, and the right relationship. Learn more at http://www.fulcrumep.com.

About Mutual Capital Partners

Mutual Capital Partners is a Cleveland-based venture capital fund that helps innovative healthcare startups reach their full potential. Our investment is more than just financial; we become partners and lend full support to our portfolio companies’ efforts. Learn more at https://www.mutualcapitalpartners.com/.

SOURCE Olio

Insight Partners Leads Series A with GV, Future Ventures and Abstract Joining

LOS ALTOS, Calif., May 12, 2025 — Glass Imaging, a company harnessing the power of artificial intelligence to revolutionize digital image quality, today unveiled a Series A funding round led by global software investor Insight Partners. The $20 million round will allow Glass Imaging to continue to refine and implement their proprietary GlassAI technologies across a wide range of camera platforms – from smartphones to drones to wearables and more. The Series A round was joined by previous Glass Imaging investors GV (Google Ventures), Future Ventures and Abstract Ventures.

Glass Imaging uses artificial intelligence to extract the full image quality potential on current and future cameras by reversing lens aberrations and sensor imperfections. Glass works with manufacturers to integrate GlassAI software to boost camera performance 10x resulting in sharper, more detailed images under various conditions that remain true to life with no hallucinations or optical distortions.

“At Glass Imaging we are building the future of imaging technology,” said Ziv Attar, Founder and CEO, Glass Imaging. “GlassAI can unlock the full potential of all cameras to deliver stunning ultra-detailed results and razor sharp imagery. The range of use cases and opportunities across industry verticals are huge.”

“GlassAI leverages edge AI to transform Raw burst image data from any camera into stunning, high-fidelity visuals,” said Tom Bishop, Ph.D., Founder and CTO, Glass Imaging. “Our advanced image restoration networks go beyond what is possible on other solutions: swiftly correcting optical aberrations and sensor imperfections while efficiently reducing noise, delivering fine texture and real image content recovery that outperforms traditional ISP pipelines.”

“We’re incredibly proud to lead Glass Imaging’s Series A round and look forward to what the team will build next as they seek to redefine just how great digital image quality can be,” said Praveen Akkiraju, Managing Director, Insight Partners. “The ceiling for GlassAI integration across any number of platforms and use cases is massive. We’re excited to see this technology expand what we thought cameras and imaging devices were capable of.” Akkiraju will join Glass Imaging’s board and Insight’s Jonah Waldman will join Glass Imaging as a board observer.

Glass Imaging previously announced a $9.3M extended Seed funding round in 2024 led by GV and joined by Future Ventures, Abstract and LDV Capital. That funding round followed an initial Seed investment in 2021 led by LDV Capital along with GroundUP Ventures.

For more information on Glass Imaging and GlassAI visit https://www.glass-imaging.com/

About Glass Imaging
Glass Imaging was founded by Ziv Attar and Tom Bishop, Ph.D, former Apple engineers who led the team and created the technology behind the iPhone’s Portrait Mode. Their mission is to revolutionize the quality of compact camera systems, and close the performance gap with professional DSLR and mirrorless cameras. The broader Glass Imaging team has expertise across Optical Engineering, Computational Imaging, Deep Learning and efficient Computer Vision algorithms. The team is currently developing licensable IP, including GlassAI, across novel camera architectures and software based solutions. Exploiting the power of Edge AI chips present in today’s devices, the company’s GlassAI software can be tailored for any current or new camera to deliver photo quality far exceeding those shipped by OEMs. Glass Imaging is also using this technology to enable a new class of optical hardware designs that overcome limitations of traditional camera architectures.

About Insight Partners
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of September 30, 2024, the firm has over $90B in regulatory assets under management. Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and the Bay Area. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on X @insightpartners.

SOURCE Glass Imaging