Monthly Archives: May 2025

Jericho Unveils a Self-Service AI-Powered Phishing Defense Experience at Scale

Also announces $15M Series A funding and four Global InfoSec Awards at RSA Conference

NEW YORK, May 7, 2025Jericho Security, a leader in AI-powered cybersecurity training and conversational phishing defense, today announced the launch of its new self-service experience on Jericho’s agentic AI platform, giving organizations of any size instant access to AI-powered conversational phishing simulations. This launch coincides with Jericho’s $15M Series A funding round and recognition at RSA Conference 2025, where the company took home four Global InfoSec Awards.

The Series A funding round was led by Jasper Lau of Era Fund, with participation from Lux Capital, Dash, Gaingels Enterprise and Gaingels AI, Distique, Plug & Play, Henry, Metalab, Fog, Scrum Ventures, KBTG, and Textbook. The funding will accelerate go-to-market efforts and R&D, including further expansion of Jericho’s agentic AI platform.

“AI-powered phishing threats are getting more personalized, more believable, and more scalable — and that means every organization needs fast, intelligent defenses,” said Sage Wohns, CEO of Jericho Security. “With our self-service experience on our platform, we’re giving companies immediate access to the same high-fidelity simulations that Fortune 500s rely on, with a frictionless way to try, buy, and grow.”

Agentic AI, built to mimic the sophistication of real attackers, powers Jericho’s conversational phishing simulations and trains users to detect advanced social engineering attacks. These include conversational phishing emails, real-time SMS scams, and manipulative dialogue-based intrusions, giving organizations the ability to train their employees on a wide variety of attack vectors.

The new self-service experience includes three flexible subscription tiers — Jericho Lite, Jericho Plus, and Jericho Premium — making conversational phishing simulation and cybersecurity readiness accessible in minutes. With powerful customization options, dynamic threat simulations and deep employee performance insights, Jericho’s agentic AI platform helps teams stay ahead of evolving threats. Stripe-powered checkout and flexible seat management ensure that getting started (or scaling up) is as seamless as the product experience itself.

Companies can now start a 7-day free trial of Jericho Premium instantly, with no sales calls or demos required. The experience includes advanced voice, SMS, and email phishing simulations, customizable training flows, and in-depth performance analytics — all powered by Jericho’s proprietary conversational agentic AI platform.

Security leaders at RSA 2025 have emphasized a growing consensus: AI might drive the next wave of threats, but it’s humans who will stop them. Empowering the front line is now a top priority.

That urgency — and Jericho’s leadership in addressing these concerns — were recognized with four Global InfoSec Awards from Cyber Defense Magazine:

  • Market Innovator – AI Security Solution
  • Trailblazer – Anti-Phishing
  • Most Advanced – Cybersecurity Training
  • Trailblazing – Cybersecurity Awareness

“These honors validate what our team has known all along: that next-gen threats require next-gen training,” said Wohns. “We’re proud to be leading the charge with agentic AI and empowering organizations everywhere to fight back — intelligently, instantly, and at scale.”

To learn more about our funding announcement, visit our blog or start your 7 day free trial.

About Jericho Security
Jericho Security is a leading provider of AI-powered cybersecurity training solutions, specializing in defense against advanced social engineering threats such as conversational phishing and deepfake attacks. Using agentic AI, Jericho provides realistic simulations across email, voice, and SMS — preparing teams to detect and stop real-world attacks.

Media Contact:
May Calceta Wong
Head of Marketing
[email protected]

SOURCE Jericho Security

Wonderskin Closes $50M Series A Round to Accelerate Retail Expansion and Product Innovation

LONDON and NEW YORK, May 7, 2025Wonderskin, the innovative beauty brand behind TikTok’s viral peel-off Wonder Blading Lip Stain Masque and many other award-winning, disruptive, tech-infused cosmetic products, has secured a $50 million minority investment in its Series A funding round. The round was led by Insight Partners, a top-tier global venture capital and private equity firm known for backing high growth companies, including Shopify, Quince, Prose, The Farmer’s Dog and more*. 

This investment marks a pivotal step in Wonderskin’s next chapter, enabling it to accelerate retail expansion and product innovation. The brand continues to disrupt traditional beauty models with a social-first mindset, out-of-the-box marketing, and a relentless focus on technology-driven performance. With headquarters in London, an in-house lab, and majority of manufacturing based in the United States, Wonderskin continues to set a new standard for performance-led innovation in beauty.

“Welcoming one of the most iconic firms in growth equity to join us on this journey speaks to the strength of our innovation, our team, and our vision,” said Michael Malinsky, Co-Founder & CEO of Wonderskin. “The resources, expertise, and strategic guidance Insight brings will help us forge the next-generation beauty company.”

Wonderskin rose to global recognition with its Wonder Blading Lip Stain Masque, a category-defining, peel-off lip color powered by patented technology, but the brand’s success extends far beyond one viral product. Its expanding portfolio of long-wear, multi-use innovations, each combining proprietary science with real-world results, continues to build momentum and category leadership.

“We believe Wonderskin is reshaping the beauty landscape with patented innovation, bold product design, and a deep connection to today’s consumer,” said Rebecca Liu-Doyle, Managing Director at Insight Partners. “Their ability to fuse science, creativity, and cultural relevance is rare—and we’re excited to support them as they build the next iconic beauty brand.”

With several new category launches on the horizon, Wonderskin remains committed to pushing boundaries and delivering bold, high-performance products that surprise and delight at every touchpoint.

About Wonderskin
Wonderskin is a trailblazing beauty brand, with a true Cosmetics Laboratory at its heart. The chemists, scientists and formulators are focused on one thing: disrupting conventional beauty by innovating entirely new categories, tech-infused formulas and transformational results that become unforgettable, game-changing experiences for real people. Famous for its Wonder Blading patented technology, which has propelled the company to the forefront of the Lip Stain category, Wonderskin has cultivated a hyper-loyal, digitally native community around the brand. New launches in the Brow and Eye categories have already won awards and attracted attention from celebrity make-up artists, global media, and TikTok beauty aficionados. For more information, visit wonderskin.com or @wonderskin on Instagram and TikTok.

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. 

* For information on all of Insight’s investments, please visit insightpartners.com/portfolio.

Media Contact:

5WPR
[email protected] 
212-999-5585

SOURCE Wonderskin

As AI Accelerates Code Generation, OX Security Raises $60M to Focus Developers on the 5% of Risks That Truly Matter

The round, which brings OX’s total funding to $94M, is led by DTCP, with participation from IBM Ventures, Microsoft, Swisscom Ventures, Evolution Equity and Team8

NEW YORK, May 7, 2025 — OX Security, a leader in Application Security, today announced $60 million in Series B funding. The round was led by DTCP, with participation from IBM Ventures, Microsoft, Swisscom Ventures, Evolution Equity Partners, and Team8. The company, which enables organizations to focus developers on the 5% of Application Security risks that matter, hit $10 million in sales and more than tripled its customer base over the past year.

Software development is accelerating at an unprecedented pace, driven both by AI-generated code and traditional human engineering. AI systems can produce clean-looking code at incredible speed, but often hide structural flaws that are difficult to detect. Meanwhile, conventional development continues to create complex systems that pose their own risks. This surge in software creation is overwhelming traditional Application Security (AppSec) tools, which flood teams with alerts but fail to identify which vulnerabilities pose real-world threats.

“As AI-generated code becomes the new normal, the risks it introduces are often hidden beneath seemingly innocuous code, flaws that traditional security tools are not built to detect,” said Neatsun Ziv, CEO and Co-Founder of OX Security. “OX is pioneering agentic code review, powered by AI and enhanced with critical thinking modules that mimic the judgment of top security engineers. By continuously modeling risk across both AI and human-generated code, we identify and prioritize the vulnerabilities that actually matter.”

OX’s platform enables precise, evidence-based risk prioritization throughout the software development lifecycle, highlighting the real-world impact of vulnerabilities and empowering teams to focus exclusively on critical threats. By eliminating the noise of non-critical issues, OX dramatically improves organizations’ risk posture while saving millions in wasted developer hours.

Today, OX is trusted by over 200 organizations, including Microsoft, IBM, eToro, and SoFi.

“Any security tool can find endless vulnerabilities and issue a nonstop stream of alerts,” added Ziv. “We’re here to tell you which specific vulnerabilities will actually get you breached – and make it painfully clear what to fix first. We built OX to solve the real AppSec problem: not finding issues, but knowing which ones matter. That’s what gets buy-in from developers, that’s what prevents breaches – and that’s why the market is finally ready for change.”

“OX is the precision blade that slices through the noise of endless vulnerabilities, empowering organizations to zero in on the critical 5% that truly matter,” said Dean Shahar, Managing Director at DTCP. “This is a true paradigm shift – OX’s code projection and precise prioritization finally deliver on the broken promises of legacy security tools, whose flood of alerts has become their Achilles’ heel. As GenAI accelerates code creation beyond human scale, OX unifies fragmented AppSec solutions into a single, cohesive platform, delivering laser-sharp accuracy to secure the ever-expanding attack surface.”

The new funding, which brings OX’s total raised to $94 million, will be used to accelerate product innovation, expand the company’s global footprint, and continue helping enterprises move from reactive security to measurable risk reduction.

About OX Security

OX Security is an Application Security Platform that enables evidence-based risk prioritization across the entire software development lifecycle — from design to runtime. Founded in 2021 by Neatsun Ziv and Lior Arzi in the wake of the SolarWinds attack, OX was built to cut through the noise of generic alerts and help teams focus on the 5% of risks that truly matter. Its proprietary technology assesses exploitability, reachability, and business impact, ensuring that critical vulnerabilities are addressed before they reach runtime.

Media Contact
[email protected]

Photo – https://mma.prnewswire.com/media/2680479/Lior_Arzi_and_Neatsun_Ziv.jpg

SOURCE Ox Security

PAQ Therapeutics Announces $39 Million Series B Financing and Initiates Phase 1 Trial to Advance Novel Approach Addressing KRAS-Driven Cancers with High Unmet Need

–Series B co-led by MRL Ventures Fund (MRLV) and Bayland Capital, with participation from Johnson & Johnson Innovation – JJDC Inc., LAV Fund, BioTrack Capital, and Sherpa Health Partners–

–First patient dosed in Phase 1 clinical study of lead candidate PT0253, a potent, selective KRAS G12D degrader–

BURLINGTON, Mass., May 7, 2025 — PAQ Therapeutics, a biotechnology company developing best- and first-in-class KRAS degraders for patients with lethal cancers lacking effective treatment options, today announced the completion of its $39 million Series B funding. The Series B round was co-led by Bayland Capital and MRL Ventures Fund (MRLV), with participation from Johnson & Johnson Innovation – JJDC, Inc. (JJDC), LAV Fund, BioTrack Capital, and existing investor Sherpa Health Partners.

The capital raised will fund PAQ’s next stage of clinical development for the company’s lead asset PT0253, a potent and selective degrader of KRAS G12D, a known driver for a range of solid tumors. PT0253 has demonstrated best-in-class potential based on preclinical comparison to existing agents currently in clinical development targeting the same KRAS mutant. In Q1 2025, the first patient was dosed in a Phase 1 study to assess its safety and tolerability.

“The successful completion of our Series B funding and rapid enrollment of our Phase 1 trial in the US for PT0253 mark significant steps forward in our clinical development efforts,” said Nan Ji, PhD, PAQ’s co-founder, President, and CEO. “The strong support from our investors validates the potential of our innovative approach. We now turn our focus to executing a robust clinical development plan while continuing to develop a differentiated pipeline of KRAS degraders.”

The funds will also support the advancement of the company’s second asset through IND-enabling studies.

“PAQ represents a compelling opportunity to develop transformative therapies for oncology populations with high unmet need,” said Olga Danilchanka, Partner, MRLV, the therapeutics-focused corporate venture arm of Merck & Co. “Their innovative efforts advancing the targeted protein degradation modality aligns with our commitment to backing scientifically rigorous teams that tackle pressing medical challenges. We’re confident in PAQ’s ability to unlock the full potential of KRAS degraders and are proud to support their journey toward achieving clinical impact.”

“The team at PAQ is at the forefront of an innovative approach to treat some of the most underserved patient populations in oncology,” said Yuexing Su, Founding Partner, Bayland Capital. “We were attracted to PAQ based on its scientific approach, preclinical data, and experienced leadership team. We believe there is tremendous potential for KRAS degraders and are excited to be part of PAQ’s next stage of growth.”

PAQ Therapeutics was founded in 2020 and completed a $30M Series A financing in 2021. Over the last three years, the PAQ team gained proprietary understanding of KRAS biology, which guided medicinal chemistry to identify KRAS degraders. These programs have the potential to address key limitations of clinical-stage KRAS inhibitors, offering more effective and durable treatments.

About PAQ Therapeutics
PAQ Therapeutics is a clinical-stage biotechnology company developing best- and first-in-class KRAS degraders for lethal cancers lacking effective treatment options.

Media Contact:
Peg Rusconi, Deerfield Group
[email protected]

SOURCE PAQ Therapeutics

Inductive Bio Raises $25M Series A to Transform Small Molecule Drug Discovery with Industry-Wide AI Platform

Funding will accelerate company’s work to democratize state-of-the-art AI models trained on a pre-competitive dataset to speed the successful development of life-saving therapies

NEW YORK, May 7, 2025 — Inductive Bio, a technology company democratizing artificial intelligence (AI) models to transform small molecule drug discovery, announced today that it has raised $25M in Series A financing led by Obvious Ventures with participation from Andreessen Horowitz (a16z) Bio + Health, Lux Capital, S32, Character, and Amino Collective, alongside angel investors including Oren Etzioni, Jeff Hammerbacher, Malay Gandhi, and Jakob Uszkoreit.

The funding comes at an inflection point for the pharmaceutical industry, which faces pressure on multiple fronts: increasingly scarce early-stage funding, growing competition from Chinese biotech companies, and a traditional drug discovery process that remains inefficient and expensive. One of the biggest bottlenecks in the preclinical drug discovery process is the enormous amount of time and money needed to balance a drug’s potency with the critical properties of absorption, distribution, metabolism, excretion, and toxicity (ADMET).

Inductive’s approach centers around its pre-competitive data consortium, where multiple companies contribute anonymized data in a secure IP-protected environment, creating a foundational dataset that allows AI models to learn from thousands of real-world drug discovery programs. The resulting insights power Inductive’s Compass platform, which predicts a drug’s ADMET properties before a molecule is synthesized — guiding chemists towards molecules with the highest likelihood of success.

“Designing compounds with optimal ADMET properties is a fundamental challenge in drug discovery. This is where predictive AI tools can have a real impact,” said Brock Shireman, SVP of small molecule drug discovery at Rapport Therapeutics. “By accurately predicting ADMET properties in real time, Inductive’s platform helps our chemistry team design higher-quality compounds before investing resources in complex synthesis.”

Since its launch a year ago, Inductive’s Compass software has rapidly scaled to support dozens of active small-molecule drug programs across diverse therapeutic areas. Medicinal chemists have already explored over 1 million molecule designs in the platform. In a recent collaboration with Nested Therapeutics, published in ACS Medicinal Chemistry Letters, Inductive’s platform helped efficiently resolve permeability and metabolic stability issues, contributing to the nomination of a drug development candidate with excellent cell potency and cross-species pharmacokinetics.

Today’s funding announcement comes on the heels of the company’s first-place finish in the inaugural Polaris ADMET competition, which evaluated AI models in a blinded, open challenge using a recently disclosed Coronavirus Main Protease drug program. Inductive’s Beacon-1 model placed top among 38 other competitors from leading AI drug discovery companies and academic groups.

“In a tough funding environment and an increasingly competitive market, the rapid discovery of high-quality clinical candidates has never been more important for biopharma companies,” said Josh Haimson, co-founder and CEO of Inductive Bio. “Traditional approaches for optimizing drug molecules are like playing a complex game of ‘whack-a-mole’ with dramatic consequences for the success or failure of a therapeutic program. Our platform’s pre-competitive consortium allows the entire industry to benefit from the rapid advances being made in AI, dramatically accelerating the path to life-changing therapies that will benefit patients for centuries to come.”

Inductive will use the funding to expand its AI model R&D, grow its pre-competitive data consortium and deploy its technology industry-wide, leveling the playing field for both innovative startups and large pharmaceutical companies. Longer-term, Inductive aims to launch an AI-native contract research organization (CRO) on top of this technology.

“What impressed us about Inductive is that they’ve moved beyond the hype of AI in drug discovery to deliver measurable results that are already changing how drugs are developed,” said Rohan Ganesh, Partner at Obvious Ventures. “At Obvious, we believe AI is ushering in a new scientific method, accelerating innovation across fields like biotechnology and healthcare. Inductive embodies this shift, showing how these approaches can drive real-world breakthroughs that have the potential to fundamentally transform the economics and pace of drug development.”

About Inductive Bio
Inductive Bio has developed a collaborative AI platform that dramatically accelerates compound optimization, a critical and time-consuming step in developing new therapeutics. By building a pre-competitive data consortium and state-of-the-art ML models designed to map the drivers of small molecule Absorption, Distribution, Metabolism, Excretion and Toxicity (ADMET), Inductive’s platform allows scientists to optimize initial compounds into leads and development candidates faster and with a better balance of ADMET properties.

SOURCE Inductive Bio, Inc.

Elevate Capital Portfolio Company TrueLark Acquired by Weave Communications

Another Entrepreneurial AI-Driven Success Story from Elevate Capital’s Investment Portfolio.

PORTLAND, Ore., May 6, 2025 — Elevate Capital, the nation’s first institutional-backed inclusive venture capital fund, today announced the acquisition of its portfolio company TrueLark by Weave Communications, Inc., a leading all-in-one experience platform for small and medium-sized healthcare businesses. The acquisition represents another milestone exit for Elevate Capital and is a testament to its strategy of backing diverse founding teams building disruptive technologies, including AI.

TrueLark, headquartered in Palo Alto, Calif., is a pioneering AI-powered front-desk automation platform that serves thousands of healthcare, beauty, and wellness businesses. The platform uses advanced conversational AI to handle tasks like appointment scheduling, rescheduling, and answering common questions—reducing staff workload while improving customer engagement and retention.

“We are incredibly proud of the TrueLark team and what they’ve accomplished,” said Nitin Rai, Founder and Managing Partner of Elevate Capital. “Their innovative use of AI to streamline operations for small businesses aligns perfectly with Elevate’s mission of investing in bold ideas from underestimated founders. The acquisition by Weave validates the strength of TrueLark’s technology, team, and vision.”

“Since joining TrueLark as a board observer in 2024 and being one of their largest investors, Elevate Capital has played a pivotal role in propelling the company toward success. By leveraging an extensive network of investors and advisors from TiE Global Angels and Elevate Limited Partners and its deep expertise in healthcare technology, we have provided valuable resources and inspired collaboration that fosters innovation and growth,” adds Rai.  

The acquisition enhances Weave’s leadership in front-office automation and accelerates the company’s product roadmap for AI-powered solutions in the healthcare and wellness sectors. TrueLark will expand Weave’s ability to serve more business types while maintaining a strong presence in key growth verticals.

TrueLark was part of Elevate Capital’s first fund in 2017 and is its eighth successful exit, with additional follow-on investments from its second fund. TrueLark is Elevate Capital’s first successful exit for Fund II. Since 2016, Elevate Capital’s Funds I & II have invested in over 80 startups, and in less than 10 years, Fund I has returned over 126% of invested capital through eight exits.

“We’re grateful to Elevate Capital for believing in our vision from the very beginning,” said Srivatsan Laxman, CEO and Co-Founder of TrueLark. Elevate’s support and guidance have been instrumental in helping us scale our AI solutions and reach thousands of businesses. Joining forces with Weave enables us to continue expanding our impact.”

Check out Weave Communications’ press release for more information.  

About Elevate Capital
Founded in 2016, Elevate Capital is the nation’s first institutional-backed venture capital fund primarily targeting investments in underestimated founders and those with limited regional access to capital and opportunities. Through the SSBCI and Innovation Gap Funds, Elevate also supports high-risk research-driven innovation in Oregon by investing at the earliest stages in startups from healthcare, life sciences, cleantech, sustainability, and other target-traded sector industries.

Visit elevate.vc or follow Elevate Capital on XFacebook and LinkedIn.

SOURCE Elevate Capital

Unrivaled Sports Announces DICK’S Sporting Goods as New Strategic Investor in Growing and Elevating Youth Sports Experiences

DICK’S led the $120M round of investment, obtaining a minority stake alongside other new investors Dynasty Equity, LionTree, Miller Sports & Entertainment and existing investor The Chernin Group (TCG)

NEW YORK, May 6, 2025 — Unrivaled Sports, the nation’s leader in youth sports experiences, today announced a strategic investment by DICK’S Sporting Goods (NYSE: DKS), which led the company’s latest funding round. The strategic investment will help fuel Unrivaled Sports’ mission — to create unrivaled sport experiences for young athletes everywhere — by continuing to deliver and expand best-in-class experiences, programs and destinations for young athletes across the nation.

DICK’S Sporting Goods has become the undisputed leader in serving young athletes as they gear up to play the sports they love. Their mission-driven approach to youth sports has been at the center of their ecosystem, from their early days as a small family business to their growth into the nation’s leading sporting goods retailer to the grants they provide to youth programs through the Sports Matter initiative, and now, their partnership with us at Unrivaled Sports,” said Unrivaled Sports Chairman & CEO Andy Campion. “We are thrilled to build the future of youth sports together with DICK’S Sporting Goods, and with the support of our other new strategic partners.” 

Unrivaled Sports and DICK’S Sporting Goods coming together marks the powerful alignment of two organizations committed to creating experiences and environments that unlock the magic of youth sports and create lifelong memories for girls and boys of all ages and their families. The investment comes from DSG Ventures, the corporate venture capital fund of DICK’S.

“We’re incredibly excited to invest in and partner with Unrivaled Sports,” said Michael Stack, Vice President of Strategy and Corporate Development at DICK’S Sporting Goods. “They share our core belief that sports have the power to change lives, and the impact they’ve made in just one year has been incredibly impressive. We are fully aligned to their vision for transforming youth sports for the better by investing in the fields, spaces and events where memories are made, friendships are formed and life lessons are instilled. We look forward to working together to create more sports experiences that build fun, excitement and community in the moment, and that have lasting impact over a lifetime.”

Unrivaled Sports will leverage this new partnership and investments to:

  • Expand access to more young athletes and their families across the country by further acquiring, building and diversifying destinations and programming that deliver unrivaled experiences to girls and boys of all ages.
  • Elevate experiences by further investing in upgrading the fields of play, programming and athlete experiences from quality officiating to facilities and services that support the athlete and their fans.
  • Increase amenities across all Unrivaled Sports properties such as lodging, food and beverage, and retail to better serve guests and foster community.

Unrivaled Sports operates a growing portfolio of iconic youth sports destinations and programming — including Cooperstown All Star Village, Ripken Baseball Experiences, Rocker B Ranch, Diamond Nation, Unrivaled Flag, and Under the Lights Flag Football, among others.

Over the past year, Unrivaled Sports has invested significantly in growing and elevating its experiences including:

  • Building a national footprint across 30 states through acquisition, now hosting over 600,000 young athletes and nearly 2 million family members and fans.
  • Meaningfully enhancing capacity and experiences at owned properties, including:
    • Expanding bunk lodging in the Players Village and upgrading fields at Cooperstown All Star Village to increase weekly team capacity, while also upgrading the design and amenities across the entire property. Cooperstown All Star Village will set another consecutive record high in annual attendance in 2025.
    • Re-turfing and building new fields across flagship properties and regional facilities including Rocker B Ranch (TX), Diamond Nation (NJ), and more.
    • Investing in a multi-million dollar renovation and enhancement of West Coast properties, Big League Dreams Las Vegas and Big League Dreams Manteca.
  • Growing flag football by significantly increasing participation — over 30% in the last year alone — for both girls and boys through the national flag football league Under the Lights. Unrivaled Sports also hosted the Youth Flag World Championship at Disney which featured 715 teams, including 220 girls’ teams and 100+ international teams. This summer, Unrivaled Sports will host two major national flag football events: the Unrivaled Flag High School Girls Nationals and the NFL Flag Championship at the Unrivaled Sports’ ForeverLawn Complex in Canton, Ohio.

Additionally, Unrivaled Sports is committed to continuing to grow sports participation and expand access for underserved young athletes. With much more to come, Unrivaled Sports is proud of the impact Ripken Baseball has made to-date, from hosting free clinics nationwide to providing scholarships and free tournament access to young athletes and teams in underserved communities across the country. 

David Blitzer and Josh Harris who co-founded and maintain majority ownership of Unrivaled Sports along with existing investor, TCG, welcome new minority investors DSG Ventures, Dynasty Equity, LionTree and Miller Sports & Entertainment — partners who believe in helping Unrivaled Sports deliver on its long-term vision for youth sports.

About Unrivaled Sports
Unrivaled Sports, the nation’s leader in youth sports experiences, delivers best-in-class experiences for young athletes, their families and communities through a diverse set of brands across youth sports venues, properties and programming. Unrivaled Sports has welcomed some of the most iconic names in youth sports into its growing family of brands including Cooperstown All Star Village, Ripken Baseball Experiences, Rocker B Ranch, Diamond Nation, Unrivaled Flag, We Are Camp action sports camp and more. From hosting destination tournaments to powering hometown leagues, Unrivaled Sports is committed to delivering formative, memory-making experiences to hundreds of thousands of young athletes and their families across the country. Learn more at unrivaledsports.com @unrivaled.sports. 

About DICK’S Sporting Goods
DICK’S Sporting Goods (NYSE: DKS) creates confidence and excitement by inspiring, supporting and personally equipping all athletes to achieve their dreams. Founded in 1948 and headquartered in Pittsburgh, the leading omnichannel retailer serves athletes and outdoor enthusiasts in more than 850 DICK’S Sporting Goods, Golf Galaxy, Public Lands and Going Going Gone! stores, online, and through the DICK’S mobile app. DICK’S also owns and operates DICK’S House of Sport and Golf Galaxy Performance Center, as well as GameChanger, a youth sports mobile platform for live streaming, scheduling, communications and scorekeeping.

Driven by its belief that sports have the power to change lives, DICK’S has been a longtime champion for youth sports and, together with its Foundation, has donated millions of dollars to support under-resourced teams and athletes through the Sports Matter program and other community-based initiatives. Additional information about DICK’S business, corporate giving and employment opportunities can be found on dicks.com, investors.dicks.com, sportsmatter.org, dickssportinggoods.jobs and on Instagram, TikTok, Facebook and X.

About Dynasty Equity 
Dynasty Equity is a global sports investment firm, co-founded and led by Jonathan M. Nelson and K. Don Cornwell, focused on strategic investments across the sports ecosystem in assets that are resilient, compelling, and differentiated. Dynasty’s founders have deep expertise in sector specific private equity and long histories in the business of sports, media, and entertainment. Integral to Dynasty’s investment approach is a commitment to enduring partnerships. For more information, visit www.DynastyEquity.com or follow the firm on LinkedIn.

About LionTree 
LionTree is a global investment and merchant banking firm focused on the media, technology, telecom and consumer sectors. Founded in 2012, LionTree works across offices in New York, San Francisco, and London to serve our clients and community through strategic M&A, capital raising, and investments across the globe that capture opportunity and provide best-in-class execution. Since its formation, the Firm has advised on over $850 billion in transactions by bringing capital together with ideas, investing in and alongside our relationships to accelerate growth and innovation. LionTree invests minority, non-controlling capital in partnership with leading, long-term investors and provides additional value through our relationships, sector and thematic expertise and transaction capabilities. LionTree and its affiliates have active principal investments in early venture, growth, and mature companies across key sectors of the digital economy.

About TCG
The Chernin Group (TCG) is a preeminent growth equity firm investing in sports, media and passion-driven businesses. TCG partners with exceptional founders and management teams to grow and optimize market-leading brands in specific consumer categories with passionate followings. The firm leverages decades of operating experience and deep connectivity to the media, sports and technology ecosystems in service of its portfolio companies.

SOURCE Unrivaled Sports

AuthMind Secures Strategic Investment from F5 Amid Rising Demand for Identity Observability and Protection Across Human, Non-Human, and Agentic AI

Investment underscores the critical importance of identity observability and protection in identity-related activities across multi-cloud and on-premises environments

BETHESDA, Md., May 6, 2025AuthMind Inc., a leader in identity protection, today announced a strategic investment from F5, the global leader in delivering and securing every app and API. The investment, part of AuthMind’s recently announced $19.3 million seed funding round, underscores the innovative value AuthMind brings to network, infrastructure, and identity protection.

Enterprises today operate in increasingly complex IT environments with fragmented infrastructure across on-premises, cloud, and SaaS. This complexity, compounded by the emergence of non-human identities, results in sophisticated, identity-focused attacks that leverage the visibility gaps traditional security tools struggle to cover.

AuthMind meets this need with an observability-driven Identity Protection Platform that continuously monitors all identities and access paths across these environments, enabling identity security posture management and detection of identity threats.

“AuthMind is uniquely positioned to deliver critical insights into identity-related activities across the entire infrastructure — a capability essential to securing today’s organizations,” said John Maddison, Chief Product Marketing and Technology Alliances Officer at F5. “This investment reflects our confidence in AuthMind’s innovative approach to integrating identity context with network activity to enable organizations to be more precise in identifying and remediating threats in complex hybrid multicloud environments.”

F5’s investment in our observability-driven approach to identity protection underscores the innovation at the heart of our mission,” said Shlomi Yanai, CEO of AuthMind.Their funding further validates our vision and will accelerate the evolution of the AuthMind Platform to meet the growing demand for securing the network and identity infrastructure more effectively.”

About AuthMind
AuthMind is pioneering observability-driven identity protection with a holistic platform that arms identity and cybersecurity teams with end-to-end, real-time identity security posture management and threat detection. Through unmatched visibility into the activities of identities—human, non-human, and agentic AI—spanning multi-cloud, hybrid, SaaS, and on-premises environments, the AuthMind Identity Protection Platform is the only solution that provides full identity and access context for fast remediation of identity threats and posture issues. Named a Gartner Cool Vendor in Identity-First Security, AuthMind is based in Bethesda, Maryland, with R&D operations in Pune, India. Visit www.authmind.com.

SOURCE AuthMind inc

Rentana Announces $5M Funding to Accelerate Revenue Optimization for the AI Era

“Real estate is mostly still operating on 1970s-1990s technology. Revenue management was no exception — until now,” said Dave Eisenberg, co-founder of Zigg Capital. “Rentana’s advanced, modern AI technology is propelling the industry into the digital era, providing real estate leaders the tools to make smarter, faster decisions that drive growth and efficiency.”

AI-Powered Revenue Optimization for Smarter, Faster Decisions

Rentana’s AI-powered platform transforms how property managers set their pricing and portfolio strategy. Their cutting edge AI technology analyzes public market trends alongside each customer’s private rental data to provide customized insights exclusively for that customer’s individual use. This intelligent pairing enables Rentanta to deliver real-time pricing recommendations, anticipate lease turnover, and predict revenue opportunities that are specifically aligned to each customer’s business, thereby empowering stakeholders to make more informed decisions, maximize occupancy, and stay ahead of market shifts in seconds.

Unlike legacy revenue management systems, Rentana does not share competitively sensitive information across multiple customers. Each Rentana customer’s private rental data is confidential, and can only be used for the benefit of the customer that provided it.

“Multifamily demand is booming in the U.S., but owners and operators are facing new pricing pressures — from inflation to rising interest rates,” said Julie Blanc, Co-Founder and CEO of Rentana. “Rentana gives customers the most complete picture of their portfolio and delivers tailored insights to help drive immediate and sustainable growth.”

A Team Built to Disrupt Legacy Systems

Rentana’s co-founders have a proven track record of transforming traditional workflows through technology. From helping to reimagine payments at Stripe to modernizing databases at Airtable and developing proptech that now powers Airbnb and Appfolio, the team saw an opportunity to replace the industry’s outdated revenue management software with an AI-driven solution designed for the future.

“Rentana’s team has built groundbreaking products that redefine industries, and they are bringing AI-powered innovation, fresh thinking, and world-class execution to a community that deserves more,” said Ken Chenault Jr., Co-Founder and Managing Partner of Benchstrength. “Rentana is the all-in-one revenue optimization tool that sets multifamily leaders up for success.”

John Monagle, Co-Founder & Managing Partner at Benchstrength added, “Legacy revenue management systems simply aren’t keeping pace with today’s market realities. Rentana is delivering a long-overdue solution — one that finally gives property owners the speed, intelligence, and adaptability they need to compete effectively.”

Designed for Speed, Simplicity, and Scalable Growth

Rentana eliminates manual processes and empowers real estate leaders to make more strategic, data-driven decisions. Onboarding to the platform takes minutes, price recommendations update in less than a second, and customers that use Rentana save up to 10 hours of manual pricing per property each week.

Despite being one of the most data-rich industries, 80% of real estate professionals still rely on spreadsheets for critical decisions — leading to inefficient processes and wasted time. Other revenue management systems are slow, clunky, difficult to navigate, and often charge premiums for basic features without delivering meaningful insights.

Robert Waz, VP of Revenue & Strategic Initiatives at 29th Street Capital, underscored Rentana’s advantage over existing software: “Other revenue management platforms feel like Windows 95. Rentana feels like 2025. Its intuitive interface and seamless data accessibility set it apart, and any property owner that wants to optimize revenue and scale faster should be using Rentana.”

In a click of a button, Rentana serves up personalized performance benchmarks, actionable pricing insights, and dynamic dashboards to help customers optimize every unit from rent and renewals to specific amenities.

The Future of Revenue Optimization in Real Estate

AI-driven pricing has already transformed industries like airlines, hotels, and e-commerce. Real estate is next.

Rentana is redefining how property owners maximize efficiency, scale strategically, and future-proof their pricing strategies in an increasingly competitive market. Book a demo with Rentana today.

About Rentana

Rentana is an AI-powered revenue intelligence platform built for multifamily owners and operators. By delivering real-time insights and pricing recommendations, Rentana helps real estate leaders optimize revenue, streamline operations, and stay ahead in an evolving market. Founded by a team with experience at Stripe, Airtable, and Airbnb, Rentana is reimagining the future of real estate pricing with intelligent automation.

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SOURCE Rentana