Monthly Archives: July 2025

ClarityPay Achieves Profitability, Raises Growth Capital to Advance POS Financing

The equity financing follows the announcement of a $1 billion capital purchase program with funds managed by Neuberger Specialty Finance group in February. Now profitable, ClarityPay operates a proven, scalable platform that modernizes how merchants leverage consumer credit to drive sales.

ClarityPay solves longstanding challenges in aligning consumer financing with merchants’ complex and highly segmented growth strategies. Their modular approach enables personalized credit offers across acquisition channels, at the right economics, to help merchants convert more customers and grow profitably.

ClarityPay enables merchants to:

  • Approve more customers across the full credit spectrum—from super to subprime—with full approvals that match total order values
  • Offer flexible payment plans, from 4-week installments to 84-month revolving terms
  • Establish dedicated credit lines tied to their brand, driving repeat purchases and long-term customer loyalty
  • Maintain full control of customer experience and data—with no competitive cross-sell

“From day one, we’ve been focused on delivering measurable value to merchants—creating a scalable, configurable credit solution that helps them acquire and retain more customers,” said Houman Motaharian, CEO and Founder of ClarityPay. “With this additional capital and achieving profitability, we are uniquely positioned to give merchants more credit controls and greater flexibility to drive long-term loyalty. This next chapter is about scaling that impact by staying focused on a merchant-first approach, with major national merchants already operating at scale on our platform and additional partners to be announced soon.”

ClarityPay supports merchants in industries such as retail, elective health, wellness, travel, home improvement, and auto services. Integration is available via API or through major commerce and lending platforms—enabling seamless financing across in-store, online, and telesales channels.

“We’ve been investing in fintech infrastructure for over two decades, and ClarityPay is one of the most compelling companies we’ve seen,” said Gardiner Garrard, Co-Founder and Managing Partner at TTV Capital. “Houman and his team bring a rare mix of operational discipline and market insight, with a product that solves real pain points in point-of-sale credit. The opportunity to modernize merchant-aligned lending—across categories and credit tiers—is massive, and ClarityPay is uniquely positioned to lead it.”

“ClarityPay is tackling one of the most stubborn gaps in embedded finance: how to make credit work for merchants, not just adjacent to them,” said Lindsay Fitzgerald, Co-Founder and General Partner at Vesey Ventures. “The team has deep credit expertise, commercial rigor, and the urgency to execute in a market that’s changing fast. What they’ve built—profitable growth, strong unit economics, real merchant traction—is incredibly rare. We’re excited to support them as they scale a solution that creates real alignment between lenders, merchants, and consumers.”

The new equity funding will support operational scale, product development, and continued hiring across technology, partnerships, client success, and customer service. Interested candidates and partners can learn more at claritypay.com.

About ClarityPay

ClarityPay is a provider of configurable pay over time plans that help merchants convert shoppers into customers. ClarityPay enables full-spectrum credit approvals with personalized terms—from 4-week installments to 84-month revolving lines—while giving merchants total control over the customer experience, data, and brand, with no competitive cross-sell. Built for omnichannel commerce, ClarityPay integrates seamlessly via API or through major commerce and lending platforms. Merchants in health, wellness, home improvement, travel, auto, and retail use ClarityPay to drive acquisition, loyalty, and long-term growth. Learn more at claritypay.com. Press related inquires can reach out to [email protected].

SOURCE ClarityPay

Ramp Raises $500 Million at $22.5 Billion Valuation to Accelerate AI and Build the Future of Finance

Ramp Fast Facts

  • To date, saved customers over $10 billion and 27.5 million hours.
  • Serves more than 40,000 companies, including CBRE, Shopify, Anduril, Notion, Cursor, Vercel, Barry’s, and the University of Tennessee Athletics Foundation.
  • Currently powers over $80 billion in annualized purchase volume across card transactions and bill payments.*
  • In July launched the first of many autonomous AI agents, helping customers catch 15x more policy violations with near-perfect accuracy.
  • Exceeded $1 billion in assets under management for Ramp Treasury, less than six months after launch.
  • Product line includes corporate cards and expense management, bill payments, procurement, travel booking, and treasury. A majority of Ramp customers use two or more products across its platform.

With this round, Ramp has raised $1.9 billion in total equity financing. The company began generating cash flow earlier this year.

“We’re focused on ensuring our only constraint is the scale of our ambition,” said Will Petrie, Chief Financial Officer at Ramp. “We have a fortress balance sheet and an accelerating core business. Both will allow us to play to win as AI reshapes the future of finance.”

What follows is a letter Eric Glyman, co-founder and CEO of Ramp, shared with customers here.  

* Ramp does not include bank transfers or non-monetized payments when calculating Total Purchase Volume.

We Raised $500M To Build The Future of Finance.

Rewind to the year 2000.

My school computer lab just upgraded to Windows 98. You dial up a travel agent to book your summer vacation. Finance teams are running on spreadsheets.

Fast-forward to today. The same lab has kids writing software with AI agents. I can book a vacation with a few taps on my phone. Most finance teams? Still running on spreadsheets.

So, what’s the big rush? Well, how does any industry change? Gradually, then suddenly. Decades where nothing happens; months where decades happen.

Three weeks ago we launched our first AI agents. Finance teams at Notion, Webflow, and Quora have them working round the clock: reviewing, approving, and coding transactions, flagging fraud, and updating policies.

We used to train people to think like software. Now it’s time for software to think like people: your sharpest controllers, procurement leaders, treasury experts.

So, why are we raising another $500 million? (just 45 days after our last round) Because we’re at a unique moment in finance. A new beginning. Fortunately, over the last six years we’ve assembled (what I think) are the best engineering and design teams in our industry.

Now, let me tell you how we think finance will change, and why you’re in the best hands.

The year is 2025: Pick your poison

I talk to at least ten different finance teams a week. Some customers, some not. Nine out of ten conversations fall into one of two buckets.

First, the ‘manual’ crowd. Heads down. Working day to day. Who can blame them! The work is endless and there’s no time to change. It reminds me of Winnie the Pooh coming down the stairs. ‘Bump. Bump. Bump.’ ‘I’m sure there is a better way…If only I could stop bumping for a moment to think of it.’

Then there’s the ‘we’re doing something about what’s coming’ crowd. The CFO is asking for an AI plan. You’re testing different tools, there’s an urgency. Meetings are about automating away as much busywork as possible.

We’re noticing more and more companies across all industries (construction, healthcare, retail, etc.) hop from the first bucket to the second. And no one is going back. Once you’ve seen an agent automatically rebook your hotel if the price drops, the days of back and forth between you, your manager, and travel support feels impossible.

By 2026: Agents Take Over the Busywork

Picture the most routine transaction in your company: Jess from sales grabs a $5 latte on the way to a client meeting.

  1. She saves the receipt and uploads a picture when she gets home: 4 minutes
  2. Her manager gets a report at the end of the month, asks a follow-up question: 3 minutes
  3. A finance associate audits policy, codes the expense, syncs the entry: another 7 minutes

That’s 3 interruptions. 14 minutes. $20 in overhead for a single coffee. Scale that across 2,000 swipes a month and your finance team is trapped in an endless loop of micro-decisions.

Now all you have to do is give our agent your PDF policy and it immediately starts approving low-risk expenses, answering employee questions over SMS, and flagging true outliers for you to review.

If you joined our beta, here’s what you’re already seeing:

  • The team? Doing 85% less manual reviews
  • Our agents? Catching 15x more policy violations
  • Your financials? 10,000 transactions reviewed without breaking sweat

This is the first of a suite of agents coming in the next year.

By 2027: Finance Starts Running in Parallel

Today, finance runs in ‘series’. You’re so used to it, you hardly notice.

Take something simple: a contract.

  • If a vendor sends one, then procurement reviews it
  • If procurement approves, then legal checks the terms
  • If legal signs off, then finance drafts the purchase order
  • If the PO is issued and an invoice is received, then accounts payable schedules the payment

It’s a relay. Nothing moves until the previous step is completed. For as long as humans are doing the work this makes sense. Finance isn’t going to waste time coding something until it’s approved.

But what if it’s not humans doing the work?

Why can’t legal, risk, and procurement copilots review the same request at once? Why can’t agents pre-negotiate, pre-approve, and pre-reconcile before anyone asks? Why do you need a ‘month-end close’ if the books are always live?

This future is starting to happen. The result? Faster decisions, fewer bottlenecks, shorter cycles.

Right now, Ramp users are getting 3x more done per minute compared to two years ago. By 2027 – as our agents start working in parallel – we’re aiming for 30x.

By 2028: Autonomous AI with Human Oversight

Copilots now feel as natural as tapping to pay. Your team is ready for Autonomous Finance.

The difference? Auto = “self,” nomos = “rule.” Your finance software now thinks, acts, and improves by itself. A copilot flags idle funds not earning yield. Autonomous AI has already moved them; you don’t miss a penny of interest.

Picture a fleet for different tasks. Expense agents clearing 99%+ of transactions without human touch. Treasury agents optimizing cash positioning. FP&A agents running real-time forecasts.

This isn’t a story about replacing people. It’s about redeploying them – up the value chain, into the work only humans can do.

Your junior analysts become ‘agent coaches’. Your senior leaders will make a smaller number of higher quality decisions. They’re all now strategists, not clerks! In just three years, finance teams will look radically different.

45 days ago: I said “Let the robots chase receipts

And we raised $200M to do just that.

Today, they’re not just chasing receipts. They’re filing your expenses, booking your travel, paying your invoices, and closing your books. And we’ve raised another $500M at a $22.5 billion valuation to pick up the pace.

If you’re reading this, you’re probably trusting us to run your finances – we’re saving tens of thousands of companies billions of dollars and hours a year – and we’re deeply grateful for your trust.

But here’s the reality: we still serve just 1.5% of businesses in the US. 98.5% to go.

Fortunately, 45 days is now a long time in finance.

– Eric

About Ramp
Ramp is a financial operations platform designed to save companies time and money. Our all-in-one solution combines payments, corporate cards, vendor management, procurement, travel booking, and automated bookkeeping with built-in intelligence to maximize the impact of every dollar and hour spent. Over 40,000 customers, from family farms to space startups, have saved $10 billion and 27.5 million hours with Ramp. Founded in 2019, Ramp enables tens of billions in purchases annually. Learn more at www.ramp.com.

Contact
[email protected] 

SOURCE Ramp

Nuveen Raises $785 Million in Commitments For Nuveen C-PACE Lending Fund III

  • Private Strategy Brings Insurers Scaled Access to Investment-Grade Fixed Income with Definable Positive Impact
  • Since Inception, Nuveen C-PACE Strategies Now Total Over $6 Billion in AUM

NEW YORK, July 30, 2025 — Nuveen, one of the largest asset managers globally with over $1.3 trillion AUM1, and Nuveen Green Capital (“NGC”), a Nuveen affiliate and leading provider of sustainable commercial real estate financing solutions, announced $785 million in new capital commitments to Nuveen C-PACE Lending Fund III.

Nuveen Green Capital’s C-PACE lending strategy provides insurance investors with access to investment-grade impact assets, offering the potential for long-dated, steady returns while supporting much-needed capital expenditures on commercial properties. C-PACE is a public-private financing program led at the state level that provides building owners and developers with low-cost, long-term capital to fund commercial property improvements towards greater energy efficiency, water conservation and climate resiliency.

“While sustainability and impact remain key considerations for insurers and their investments, we also continue to see life insurers prioritizing longer duration, investment grade asset backed securities with attractive risk-adjusted returns,” said Joseph Pursley, Nuveen Head of Insurance, Americas. “NGC’s C-PACE strategies meet both of these considerations, which provide a solution that drives greater climate resiliency while being capital efficient, meets risk requirements and offers scale that insurers are looking for in their investment portfolios.”

“NGC’s vertically integrated platform brings investors scaled and proprietary flow of C-PACE assets with established sponsors with both compelling economics and positive social impact,” said Alexandra Cooley, CIO and Co-founder of Nuveen Green Capital. “For property owners, this fund enhances NGC’s balance sheet lending capabilities and our readiness to provide attractive financing that improves buildings’ bottom lines.”

Nuveen’s recent survey of major global institutional investors reveals that 93% of insurers consider or plan to consider environmental and social impact when making investment decisions. The firm currently manages approximately $325 billion in assets for over 125 global insurance clients.

As a leading C-PACE player based on 2024 market originations, NGC has continued to pioneer the access, structure and packaging of C-PACE assets on behalf institutional investors2. Since 2017, the company has issued more than $3 billion through securitizations and private funds, establishing itself as the first to securitize the asset class and launch a private fund series3.

According to a recent NGC impact report, its C-PACE financings in 2024 reduced CO2 emissions equivalent to the impact of more than 407,000 acres of forest; saved more than 461 million gallons of water and more than 585 megawatt hours of energy and supported the creation of more than 2,100 housing units4.

Media Contact

Andrew Chironna | [email protected]  | 212-913-1015

About Nuveen
Nuveen, a global asset manager, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.3 trillion in assets under management as of 31 Mar, 2025 and operations in 32 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.

This vehicle is only available to accredited investors

Important information on risk

Past performance is no guarantee of future results. All investments carry a certain degree of risk, including the possible loss of principal, and there is no assurance that an investment will provide positive performance over any period of time. Certain products and services may not be available to all entities or persons. There is no guarantee that investment objectives will be achieved.

Investors should be aware that alternative investments are speculative, subject to substantial risks including the risks associated with limited liquidity, the potential use of leverage, potential short sales and concentrated investments and may involve complex tax structures and investment strategies. Alternative investments may be illiquid, there may be no liquid secondary market or ready purchasers for such securities, they may not be required to provide periodic pricing or valuation information to investors, there may be delays in distributing tax information to investors, they are not subject to the same regulatory requirements as other types of pooled investment vehicles, and they may be subject to high fees and expenses, which will reduce profits.

C-PACE assets are subject to various risks, including but not limited to: risks of insufficient cash flow of the subject property due to impaired operations or value; risks of a decline in the real estate market or financial conditions of a major tenant; risks of delinquencies and defaults; failure of the subject properties to complete agreed upon construction, repairs or improvements or achieve projected energy savings; limited operating history of certain subject properties; risk of assessments underlying certain C-PACE assets failing to comply with applicable state or local laws; risks of disputes with subject property owners and mortgage lenders; environmental contamination risks affecting the subject property; lack of industry-wide prepayment information available for commercial C-PACE assessments; and changes in laws and policies impacting C-PACE programs.

Responsible investing incorporates Environmental Social Governance (ESG) factors that may affect exposure to issuers, sectors, industries, limiting the type and number of investment opportunities available, which could result in excluding investments that perform well.

Nuveen considers ESG integration to be the consideration of financially material environmental, social and governance (ESG) factors within the investment decision making process. Financial materiality and applicability of ESG factors varies by asset class and investment strategy. ESG factors may be among many factors considered in evaluating an investment decision, and unless otherwise stated in the relevant offering memorandum or prospectus, do not alter the investment guidelines, strategy or objectives. Select investment strategies do not integrate such ESG factors in the investment decision making process.

The data and claims included in the material have not been verified by an independent third party. 

1 As of April 30, 2025.
2 Based on 2024 NGC originations as a percentage of PACE originations as reported by C-PACE Alliance, as of 31 Dec 2024.
3 Asset Securitization Report, Greenworks 1st to market with commercial PACE securitization, 27 Sept 2017.
4 Nuveen Green Capital, 2024 Annual impact report.

SOURCE Nuveen

MAGENTIQ EYE Secures Series A Investment Led by aMoon to Drive the Future of AI-Powered Gastroenterology

Funding will support commercialization in the USA and Europe as well as continued development of MAGENTIQ COLO’s advanced AI capabilities.

HAIFA, Israel, July 30, 2025 — MAGENTIQ EYE LTD., a leading innovator in AI-powered gastroenterology decision-support software, today announced the successful completion of its Series A funding round.

MAGENTIQ EYE’s FDA- and CE-approved software, MAGENTIQ-COLO™, enhances polyp detection and analysis capabilities during colonoscopies, significantly improving adenoma detection rates. MAGENTIQ-COLO also offers real-time insights, and its CE-approved version includes polyp-size category and type estimation, and advanced AI-generated reports.

The round was led by aMoon, Israel’s largest HealthTech dedicated investment fund, joined by internal investors Norgine Ventures BV (Netherlands), Nina Capital (EU & USA) and Namarel Ventures SL (Spain), Nova Capital (Italy), and private investors Sake Bosch and Roon Doornink (USA). In conjunction with aMoon’s investment, partner Roy Wiesner will join the board of directors of MAGENTIQ EYE, bringing strategic insight, global perspective, and deep experience in building successful health tech companies.

“This investment round marks a major milestone for MAGENTIQ EYE. We are thrilled to welcome aMoon and Roy Wiesner to our journey,” said Dror Zur, Ph.D., founder and CEO of MAGENTIQ EYE. “With aMoon’s support, we will accelerate innovation and market access, meeting the growing demand reflected in our robust pipeline of trial and purchase requests across the U.S. and Europe, and bring our advanced diagnostic tools to more physicians and patients around the world.”

“We are proud to partner with MAGENTIQ EYE, a company leading the charge in AI-powered colonoscopy,” said Wiesner. “MAGENTIQ’s solution stands out as the most accurate in the market, with the broadest set of features, cost-effective scalability, and platform flexibility across GI and laparoscopic applications. We’re also encouraged by the strong early commercial traction and the growing interest from major strategic players looking to collaborate. This investment reflects aMoon’s commitment to backing transformative health tech solutions that can dramatically improve patient outcomes worldwide.”

The company is in clinical trials for diagnostic tools targeting specialized diseases in the lower and upper gastrointestinal tract, such as ulcerative colitis, early dysplasia in Barrett’s esophagus, and gastric intestinal metaplasia, and is developing automated quality indicators for GI procedures. Proceeds from the funding round will support the continued development and expansion of these capabilities, in addition to driving commercial growth in the USA, Europe and globally through direct sales and MAGENTIQ EYE’s existing and new partnerships with industry leaders.

About MAGENTIQ-EYE Ltd.
Founded in 2014, MAGENTIQ-EYE provides a groundbreaking AI-aided colonoscopy solution that offers one of the best performances known today. With worldwide recognition from the gastroenterology community, and dozens of procedures performed every day with the assistance of MAGENTIQ-COLO™, we are setting the new standard of colonoscopy and saving more and more lives. www.magentiq.com

About aMoon
aMoon is a global Healthtech & Life Sciences VC fund headquartered in Israel with $1.3B AUM. We partner with entrepreneurs harnessing groundbreaking science and technology to transform healthcare and help people live better, healthier lives. Backed by a team of scientists, physicians, and entrepreneurs, and a global network of investors and industry leaders, we connect portfolio companies to global tech, finance, and medical research hubs. Our Velocity Fund invests from venture formation through Series A, while our Growth Fund supports later-stage companies in growth, pre-IPO, or pivotal clinical rounds.

Media contact:
Kim Mohr
Amendola Communications on behalf of MAGENTIQ EYE
[email protected]

Logo – https://mma.prnewswire.com/media/2739422/MAGENTIQ_EYE__Logo.jpg 

RD Technologies Secures US$40 Million in Series A2 Financing

To accelerate regulated stablecoin infrastructure ahead of Hong Kong’s new licensing regime

HONG KONG, July 30, 2025 — RD Technologies, a pioneering Hong Kong-based fintech group of companies, today announced the successful completion of its approximately US$40 million Series A2 financing, further strengthening its position as a leader in building compliant stablecoin infrastructure in Hong Kong.

This round of financing is jointly led by existing and new investors, including ZA Global, China Harbour, Bright Venture, and Hivemind Capital. Other investors include HSG, Eternal Digital, CMSC Partners, and Guotai Junan International Private Equity Fund. Their support reflects confidence in RD Technologies vision to drive the next phase of digital currency transactions and asset tokenization through secure, enterprise-grade infrastructure.

Founded in 2020, RD Technologies is one of Hong Kong’s earliest advocates for stablecoins. The company focuses on responsible and sustainable innovation in digital finance, bridging Web2 enterprises with emerging Web3 financial systems through open networks, real-world use cases, and industry-wide collaboration.

As part of this funding round, ZA Bank has also signed a strategic Memorandum of Understanding (MOU) with RD Technologies. The partnership will focus on exploring compliant stablecoin applications in financial services, including collaboration on reserve asset custody and potential distribution roles for RD Technologies’ stablecoin to be issued subject to the approval of the regulatory authorities. This strategic alignment aims to accelerate the adoption of regulated digital finance solutions.

This funding round marks another strategic milestone following RD Technologies Series A1 funding round in September 2024, positioning RD Technologies for its next phase of growth under Hong Kong’s evolving stablecoin regulatory framework.

– Ends –

About RD Technologies Group: 

RD Technologies Group (RD Technologies) is the financial platform that bridges the Web2 and Web3 worlds. It deploys innovative fintech to build a business world interconnected by transparency and reliability. Based in Hong Kong and connected with the global community, RD Technologies was born out of a mission to enable businesses to gain easier access to financial services, enhance trade efficiency, and promote the development of Hong Kong as a trade hub in Asia and an international financial centre. For details about RD Technologies: https://rd.group

HKDR Stablecoin (HKDR): 

HKDR Stablecoin (HKDR) is a Hong Kong Dollar stablecoin 1:1 backed by the Hong Kong dollar, with high-quality and highly liquid assets safekept in segregated custody accounts with licensed financial institutions. Details of the reserves will be available to the public through regular independent attestation reports.  In July 2024, RD InnoTech Limited, was among the first batch of entities to be admitted to the stablecoin issuer sandbox by the Hong Kong Monetary Authority.  RD InnoTech Limited will abide stringently by the regulatory requirements for the launch of HKDR to contribute to the continuous development of Hong Kong as a global Web3 and virtual asset hub. For details about HKDR: https://rd.group/hkdr

SOURCE RD Technologies

JotPsych Secures $5M Seed Round from Base10 Partners, Fast-Tracking Transition to First Fully Agentic EHR

WASHINGTON, July 29, 2025 — JotPsych, creator of the leading AI scribe for behavioral health, today announced it has raised $5 million in seed funding led by Base10 Partners.

JotPsych’s core initial offering is an AI-scribe for behavioral health providers. The software reduces documentation time by 90%+ and is radically customizable and responsive to clinician’s preferences and behaviors. In 2024, JotPsych grew by over 1300% and has now processed over 1,000,000 patient encounters. Base10’s commitment positions JotPsych to rapidly transform from a best-in-class AI scribe into the first fully agentic Electronic Health Record (EHR).

Founded by CEO Nathan Peereboom and CTO Jackson Bierfeldt in 2023, JotPsych launched with a singular goal: to fully eliminate administrative tasks for behavioral health clinicians. The AI scribe functionality was always step one of a broader vision: to become the “spinal cord” of every clinic,  automating scheduling, billing, e-prescriptions, care coordination, and more under one “agentic” umbrella.

“When we launched JotPsych, our mandate was simple: slash the 4+ hours a day clinicians waste on narrative paperwork,” said CEO and Co-Founder Nathan Peereboom. “Now, with Base10’s support, we’re shifting into high gear to build the first AI EHR that streamlines every leg of the patient journey. By removing any liquidity concerns for the foreseeable future, this partnership grants us our most precious resource: focus.”

Base10’s investment will accelerate product velocity—enabling JotPsych to hire engineering talent, ramp up research and development, and offer a more complex product to customers. JotPsych’s upcoming features will integrate intake forms, automated coding and billing, prescription management, and intelligent scheduling, all while leveraging real-time patient data to dramatically reduce the burden on clinicians and improve patient outcomes.

“We believe AI will transform healthcare, and JotPsych has the right team, technology, and traction to lead that charge,” said Rexhi Dollaku, General Partner at Base10 Partners. “In the next few years, there will be a landgrab among agentic EHR solutions—platforms that don’t just document care but actively orchestrate it. JotPsych is positioned to pioneer this new era.”

About JotPsych
JotPsych (SmartScribe Corp) is a healthtech startup pioneering the first fully agentic EHR. JotPsych’s AI platform eliminates administrative overhead, allowing clinicians to focus on patient care. For more information, visit www.jotpsych.com.

About Base10 Partners Founded by Adeyemi Ajao and TJ Nahigian, Base10 is a San Francisco-based venture capital fund investing in founders who believe purpose is key to profits and in companies that are automating sectors of the Real Economy. Through its program the Advancement Initiative, Base10 donates a portion of firm profits to underfunded colleges and universities to support financial aid and other key initiatives. Portfolio companies include Notion, Figma, Stripe, Popmenu, and Nowports. Connect via base10.vc.

For media or career inquiries, please reach out to [email protected]

SOURCE JotPsych

EZEE FIBER INVESTS OVER $400 MILLION TO EXPAND FIBER-TO-THE-PREMISES NETWORK INTO THE GREATER CHICAGOLAND AREA

Ezee Fiber will create over 400 employment opportunities throughout the region, including construction personnel, installation technicians, sales, marketing, and community engagement associates. The company intends to establish a regional headquarters in Elk Grove Village, IL, and has already begun posting available positions.

“I’m proud to bring Ezee Fiber’s award-winning multi-gig internet service to Chicagoland. Residents and businesses will enjoy a significantly better internet experience driven by our advanced fiber internet and Wi-Fi 7 products,” says Matt Marino, Chief Executive Officer, Ezee Fiber.

“Our customers have honored us with a 4.9 Google rating and thousands of 5-star reviews. Additionally, Ezee Fiber has been recognized with PC Mag’s Fastest ISPs 2025 award and multiple Speedtest.net awards for outstanding speed and reliability. There are no term contracts, fees, or data caps. Our service includes transparent pricing and friendly, local customer service. Long wait times, outdated technology, confusing bills, pricing gimmicks, and frustrating customer service will be history for any new Ezee Fiber customers.”

“We’re thrilled to welcome Ezee Fiber to Chicagoland as we continue to prioritize modernizing infrastructure and expanding digital access for all residents,” David Pileski, Mayor of Roselle, adds. “Increased competition in the fiber internet market drives innovation, improves service, and delivers real value to our community. Whether you’re working from home, running a business, or just streaming your favorite show, this investment ensures Roselle stays connected and competitive well into the future.”

Greg Thomas, Senior Vice President and General Manager, Ezee Fiber’s Midwest Region, notes, “We are excited for residents and businesses across Chicagoland to soon enjoy our best-in-class, multi-gig fiber internet. This ambitious build targets more than 85 municipalities. Reliable and transparent fiber internet service is long overdue in these communities, and Ezee Fiber is committed to delivering it. Our expansion will provide future-proof connectivity to neighborhoods, condos, apartment buildings, master-planned communities, schools, small businesses, and large enterprises alike—backed by our dedication to simplicity, reliability, and exceptional local support. Residential customers will have access to multi-gig symmetrical fiber internet speeds up to 8 Gig, while business customers can expect dedicated enterprise-level speeds up to 100 Gig.”

Over the past 18 months, Ezee Fiber has announced major expansions, including a $200 million investment in Houston, a $250 million expansion in New Mexico, a $400 million expansion in Washington state, and its latest $400 million expansion into the Chicago metropolitan area. Additionally, Ezee Fiber recently announced the acquisition of Tachus Fiber Internet, a leading fiber optic ISP headquartered in The Woodlands, Texas.

Marino noted further expansions into additional U.S. states are planned throughout 2025 and beyond.

Residents and business owners can visit ezeefiber.com to learn more, check availability, and pre-register for service to be among the first to receive Ezee Fiber internet.

About Ezee Fiber

Ezee Fiber is a rapidly growing, Houston-based fiber internet provider delivering premium multi-gig service to residential, business, and government customers over a 100% fiber-optic network—at exceptional value. The company’s carrier-grade infrastructure spans Texas, New Mexico, and Washington, and is supported by local teams who live and work in the communities it serves.

Ezee Fiber’s industry-leading speeds, award-winning local customer service, and transparent pricing model set the company apart from the competition.

Learn more at www.ezeefiber.com

SOURCE Ezee Fiber

Planted Solar Secures $12M to Accelerate Solar Deployment

Company Helps Developers and Independent Power Producers Unlock Solar
Projects with Smarter, Faster, and More Cost-Effective Solutions, Welcomes
Piva Capital as Investor 

OAKLAND, Calif., July 29, 2025Planted Solar, the solar deployment platform helping project developers build faster, smarter, and more profitably, today announced a $12 million funding round anchored by Piva Capital, with participation from existing investors Breakthrough Energy Ventures, Khosla Ventures, and Team Builder Ventures. This investment comes at a critical juncture as the U.S. solar industry grapples with unprecedented demand and increasing deployment challenges. 

Solar Demand is Surging but Deployments Can’t Keep Up

U.S. demand for clean energy is skyrocketing—84% of new power capacity added in 2024 came from solar and storage—but the industry’s ability to keep pace is faltering. At a time of record growth, developers face land constraints, soaring costs, and execution challenges that are slowing project timelines, shrinking viable pipelines, and delaying urgently needed capacity.

Enter Planted:  Rethinking How Solar Gets Built

Traditional solar deployment remains too slow, costly, and fragmented—developers juggle dozens of suppliers, rigid hardware, and manual installation processes. Founded in 2020, Planted Solar was created to replace this outdated model with a fully integrated platform that streamlines every step of project delivery.

“We’ve seen the headlines, but the real story is happening behind the scenes,” said Eric Brown, CEO of Planted Solar. “Forward-looking developers are still moving, and we’re helping them move faster. We’re rethinking solar deployment to deliver what developers urgently need to build energy generation capacity today: less risk, better returns, and faster time to power. Piva’s deep experience with energy innovation and alignment with our vision of abundant and affordable energy make them an ideal partner as we scale to deliver the smarter approach that the solar industry needs.”

Here’s how it works:                                                                                                

  • Smarter Digital Planning – Planted’s software replaces fragmented tools with a unified workflow that generates optimized layouts, energy models, and engineering drawings—feeding directly into field execution to accelerate timelines.
  • High-Density, Terrain-Following Hardware – Planted’s arrays reduce land requirements by half and eliminate the need for costly site grading, unlocking new project sites that were previously infeasible.
  • Rapid Installation Tools – Field robotics and simplified components enable faster builds with smaller crews, increasing labor productivity and minimizing errors in the field.

The result: developers can deploy solar projects twice as fast, with lower costs and less risk, while expanding pipelines and improving project economics in today’s challenging market.

Key benefits of Planted’s system include:

  • 50% less land use compared to traditional solar
  • Terrain-following arrays that unlock slopes of up to 27%
  • 2x faster time to power, accelerating manufacturing and data center build-outs
  • 70% less steel required, reducing material and logistics costs
  • 30% lower cost of energy, enabling better returns for developers and investors

Partnering with Piva Capital to Deliver the Technology the Industry Needs Now

“Solar developers don’t have a decade to solve these problems—the crunch is happening right now,” said Mark Gudiksen, Managing Partner at Piva Capital. “Planted Solar’s platform clears some of the industry’s biggest roadblocks by making it faster and cheaper to get projects in the ground. This is exactly the kind of pragmatic innovation the energy transition needs.”

With the new financing, Planted Solar plans to accelerate the development of its digital and hardware solutions, expand deployment capacity, and forge strategic partnerships globally. The company is currently executing projects across the U.S., ranging from community solar installations to behind-the-meter systems for hospitals and infrastructure, while ramping up in international markets such as Asia-Pacific and Europe, where demand for land-efficient clean energy is surging.

About Planted Solar
Planted Solar is redefining solar deployment with an integrated hardware and software platform that pairs high-density, terrain-following arrays with automated installation. Planted’s smarter, streamlined approach helps developers, EPCs, and IPPs unlock more land, lower costs, and build projects in half the time—delivering stronger project outcomes and accelerating the delivery of abundant energy. Learn more at www.plantedsolar.com.

About Piva Capital
Piva Capital is a San Francisco-based venture capital firm investing in visionary entrepreneurs solving the world’s critical industrial challenges with breakthrough technologies and innovative business models. For more information, visit Piva.vc, or the company’s LinkedIn and Medium profiles.

Media Contact
Mary Magnani
CodePR
[email protected]

SOURCE Planted Solar

Arbital Health Secures $31M Series B to Scale Infrastructure for Value-Based Care Risk Contracting

As healthcare providers and payers expand into more outcomes-based payment models, Arbital Health has developed a platform to reduce complexity and administrative burden while ensuring that all market participants can better monitor and improve their performance. Arbital Health’s platform is powered by its best-in-class actuarial team, which includes some of the most experienced value-based care experts in the country.

“Arbital Health has built something the healthcare industry desperately needs: the critical infrastructure that empowers payers and providers to reconcile their risk-based contracts with accelerated performance insights,” said Mike Spadafore, Managing Director at Valtruis. “By combining healthcare’s top actuaries with an advanced, AI-powered platform that automates complex actuarial workflows, Arbital Health is transforming how financial, and performance risk is understood and managed across the system. We’re proud to support their team as they drive growth, value, and better outcomes in healthcare.

Since its founding in 2024, Arbital Health has built its client roster to include more than 40 payers, providers, digital point solutions, value-based care enablers, and integrated delivery networks. In addition, Arbital has launched and onboarded more than 600,000 patient lives to its platform and assembled the most experienced value-based care actuary team to meet the growing demand to better manage complex risk-based contracts. Over the last year, the company has expanded strategic partnerships with organizations including HarmonyCares, Aligned Marketplace, Arkos Health, and Complete Health.

“Value-based care remains the most effective way to align financial results with better patient outcomes and build a more sustainable healthcare system. However, aligning on outcomes remains overly complex and healthcare organizations today lack the transparency, tools, and support needed to succeed,” said Brian Overstreet, Co-Founder, President, and CEO of Arbital Health. “Travis May and I founded Arbital Health to solve this challenge by building the critical infrastructure for the market, powered by leading actuarial expertise and AI-driven technology. By enabling our clients to better monitor, manage, and reconcile risk-based contracts, we’re helping them make smarter decisions, reduce financial risk, and improve patient outcomes. This new funding will accelerate our mission to transform how the industry manages value-based care.”

About Arbital Health
Arbital Health provides the critical infrastructure for providers and payers to successfully manage risk-based contracts. With the industry’s leading value-based actuaries and robust AI-powered platform, Arbital Health accelerates contract performance monitoring and decision-making, centralizes fragmented data, and automates contract reconciliation across all major risk models. By reducing complexity and administrative burden, Arbital Health ensures value-based care contracts deliver on their promise of better patient outcomes and sustainable financial performance. Arbital Health is led by a best-in-class team of healthcare actuaries, engineers, and industry veterans, and backed by leading investors Valtruis, Transformation Capital, Shaper Capital, and Healthy Ventures. For more information, visit arbitalhealth.com.

Contacts
Emily Poe | [email protected] 

SOURCE Arbital Health