Monthly Archives: August 2025

TOPLINE PRO ANNOUNCES $27M TO TRANSFORM LOCAL HOME SERVICES INTO SCALABLE, AI-DRIVEN BUSINESSES

NEW YORK, Aug. 14, 2025Topline Pro, the AI-powered engine transforming how home service businesses grow and run online, today announced $27 million in Series B funding. The round was led by Northzone (Molly Alter), with new participation from Tactile Ventures, and Industry Ventures, alongside continued support from existing investors Forerunner Ventures, Bonfire Ventures, TMV, Flybridge, and BBG Ventures.

Topline Pro is unlocking economic opportunity for the long tail of field service pros, which are by nature, small local businesses. Of the 2.5 million professionals in essential trades like landscaping, roofing, painting, and plumbing, around 2 million are solopreneurs, with another 400k running teams of fewer than 10. These pros are highly skilled, deeply local, and often operate without marketing support or modern software. Most solutions have failed to serve this segment at scale. There are plenty of tools for the larger field service franchises, but the grassroots layer of these industries, where the most significant opportunity lies, has historically been neglected. With over $1 trillion in annual spend across home services SMBs, the opportunity is massive. By building an AI-first engine tailored specifically to their needs, Topline Pro empowers pros to own their growth, operate independently, and build sustainable businesses without relying on costly lead marketplaces or cobbled-together tools.

“Topline Pro is flipping the script on business software. Instead of asking local entrepreneurs to become software experts, they use AI to take those tasks off their plate entirely,” said Molly Alter, Partner at Northzone. “What’s more, their internal AI tooling means they can serve everyone—from solo contractors to scaled teams—unlocking the long tail of the market that’s been historically underserved and expensive to acquire.”

For pros, Topline Pro isn’t a tool to learn. Instead of “do it yourself,” Topline Pro offers “done for you,” autonomously managing pros’ websites, SEO, social media, ad spend, and reviews. From there, the platform is expanding into a comprehensive AI-powered operating system across marketing, sales, and operations. This reflects the broader evolution from SaaS 1.0 to agentic SaaS — a shift especially powerful for the long-tail home services market, where pros simply don’t have time to manage traditional software. At the core of the product are three intelligent pillars, purpose-built to drive business growth:

  • The AI Marketing Agent autonomously handles everything from earned media to paid media for the business, helping busy entrepreneurs build their online reputation, expand their exposure on social media, and reach untapped markets with paid ads.
  • The AI Sales Agent manages customer requests and communication 24/7 across multiple channels, prospecting, qualifying, and converting leads into jobs while the pro is busy at a job site or even off the clock.
  • The AI Operations Agent streamlines day-to-day workflows across scheduling, messaging, and customer experience, enabling the business to run smoothly with less manual effort.

Topline Pro’s AI agents are on a path to become the business superpower behind every pro. The product will soon proactively anticipate demand, adapt to seasonal trends, manage invoicing and payments, and continuously optimize growth strategies personalized to each pro’s business, acting as a dynamic engine for long-term success.

“Topline Pro isn’t just a tool — it’s a full-time AI team behind the scenes,” said Co-founder & CEO Nick Ornitz. “We’ve built agents that think and work on behalf of our pros so they can stay in the field while the business handles itself in the background…enabling pros to do what they love most, their craft”

Moreover, Topline Pro’s internal AI tools enable their team to sell to and service these small businesses with the highest degree of customer love. Topline Pro represents a new type of AI-native business – one that not only builds AI into its platform but embeds it across internal operations to drive efficiency and improve the customer experience. Believing that AI has fundamentally reshaped the cost curves for acquiring and serving SMBs, the team invested from day one in a dedicated R&D team function focused on internal AI innovation. From lead enrichment and targeting to onboarding and responsive support, automation and intelligence are embedded throughout every layer of Topline Pro’s proprietary go-to-market engine. This allows Topline Pro to reach and engage hard-to-access home services pros while delivering the kind of personalized experience typically reserved for only the largest teams. Topline Pro’s approach has enabled the company to scale rapidly and efficiently, serving thousands of businesses, all while staying deeply connected to the people behind them.

The result? To date, Topline Pro has helped thousands of home service pros generate over $655 million in booked business, with customers in all 50 states.

With this new capital, the company will double down on creating its proprietary agents for home services, leveraging internal data and behavioral learning to tailor the experience for each business it serves. In parallel, Topline Pro will further invest in onboarding, education, and customer success – ensuring every pro sees meaningful ROI from day one – while continuing to grow its team across engineering, product, and go-to-market functions to support national scale.

About Topline Pro

Topline Pro (toplinepro.com) is the AI-native engine built for home service professionals. Acting as a full-time marketing, sales, and operations team, Topline Pro’s intelligent agents work behind the scenes to help pros get discovered, build trust, and get booked – without lifting a finger. From websites and SEO to CRM, customer messaging, and payments, Topline Pro automates the day-to-day so business owners can stay focused on what they do best: delivering great work in the field. Topline Pro has helped thousands of businesses generate over $655 million in booked work to date.

About Northzone

Northzone (northzone.com) is a global venture capital fund built on experience spanning multiple economic and disruptive technology cycles. Founded in 1996, Northzone has raised more than ten funds to date, with its most recent fundraise in excess of $1.2 billion and has invested in more than 175 companies, including category-defining businesses such as Trustpilot, Spotify, Klarna, iZettle, Kahoot!, Personio, Spring Health, amongst others. Northzone is a full-stack investor from Seed to Growth stage, with transatlantic hubs out of New York, London, Amsterdam, Berlin, Stockholm and Oslo.

SOURCE Topline Pro

Citizen Health Raises $30 Million to Build AI Advocate for Every Patient, Ushering in a New Era of Patient-Centered Healthcare

SAN FRANCISCO, Aug. 14, 2025 — Citizen Health, a patient-powered platform transforming rare disease care, announced today it has raised $30 million in Series A funding. The round was led by 8VC, with participation from Transformation Capital and Headline, bringing the company’s total funding to $44 million since its December 2023 launch.

Founded by Farid Vij (CEO & Co-founder), Nasha Fitter (Chief Business Officer & Co-founder), and a team of industry veterans, Citizen Health is pioneering a new paradigm in healthcare by empowering patients—especially those with rare and complex conditions—with agency, clarity, and actionable insights. The company’s platform combines AI, community, and longitudinal health data to help patients interpret medical records, track symptoms, learn from peers, manage appointments, and connect to the next best step in their health journey.

“Today’s patients aren’t waiting—they’re searching, deciding, and expecting more,” said Farid Vij, CEO and co-founder of Citizen Health. “They deserve the same clarity, personalization, and intelligence in healthcare that they get in every other part of their lives. At Citizen, we’re building a personalized AI Advocate for every patient that not only helps people make sense of their health journey, but actually guides them to what they should do next—and connects them to it. This is about turning passive systems into proactive, human-centered experiences.”

Nearly half of American adults have at least one chronic illness, making self-advocacy especially important. Citizen’s ultimate vision is to provide every patient with a personalized AI Advocate, turning fragmented care into a connected, proactive, and precise experience. They are building agentic AI to take initiative, identifying and acting on opportunities to improve health in ways patients themselves might not anticipate.

“We backed Citizen because they are redefining the care model for patients with complex disease. Citizen’s AI advocate is the foundation of a pioneering patient and caregiver experience that is already helping thousands of Americans answer previously unanswerable questions, make informed medical decisions, and accelerate new cures,” said Sebastian Caliri, Partner at 8VC who led the Series A round and joined the Citizen Board of Directors.

Vij and Fitter met at their previous company Citizen, which was acquired by Invitae (NYSE: NVTA) in 2021, where Vij was a co-founder. Their new venture, Citizen Health, brings together a leadership team with deep expertise in AI, healthcare, privacy, and consumer technology, with personal motivations rooted in rare disease advocacy and patient empowerment.

“Citizen has truly created a groundbreaking platform that supports individual patients looking to manage rare and complex diseases, while also giving patient advocacy groups a better way to organize their data, and pharma leaders a better way to utilize that data for drug discovery and trials,” added Mathias Schilling, Founding Partner at Headline who also invested in the round. “It’s rare to see a company combining such expertise in AI and consumer design to impact healthcare, and we’re proud to back Farid, Nasha, and the rest of the team.”

Citizen Health’s Traction and Momentum

  • Built over 60 engaged communities across 123 rare and complex conditions
  • Partnered with 70+ patient advocacy groups, 70% of which joined organically
  • 98.3% of patients share data for research, reflecting high trust in the platform
  • Data already accepted by the FDA for regulatory submission
  • Collaborating with over 10 pharmaceutical partners

With rare diseases affecting over 400 million people globally and 95% still lacking approved treatments, Citizen Health’s mission is more urgent than ever. The company’s approach aligns with recent FDA calls for innovation in rare disease and addresses challenges posed by shifting NIH funding and regulatory uncertainty. As genetic testing becomes more accessible, Citizen Health’s platform offers a critical solution for new disease groups seeking connection and data-driven progress.

Citizen Health will launch the first version of its AI Advocate to select communities in Q3, alongside a new product for patient advocacy groups. The company’s primary focus is recruiting top AI engineers, product builders, and designers to accelerate its mission, as well as deepening partnerships with pharma, policymakers, and patient organizations.

About Citizen Health
Citizen Health is building the future of healthcare, starting with rare disease. By combining AI, community, and longitudinal data, Citizen empowers patients to take control of their care and contribute to the richest research-grade dataset in healthcare. The company is headquartered in San Francisco, CA, and backed by leading investors including 8VC, Headline, Transformation Capital, the Chan Zuckerberg Initiative, and prominent angels. For more information, visit https://www.citizen.health.

About 8VC
8VC is a leading technology investment firm. Its partners have co-founded companies including Palantir, Addepar, Resilience, and Saronic, and invested in such healthcare innovators such as Oscar, Cityblock, and Candid Health. 8VC manages over $7 billion in committed capital, focusing on smart enterprise platforms, healthcare, logistics, Bio-IT, and defense. For more information, visit https://8vc.com.

About Headline
Founded in 1998, Headline is a venture capital firm that partners with fast-growing technology teams to make their success global. With more than $4B of assets under management, the firm invests from its network of regionally focused early-stage funds across the US, Europe, Asia, and Latin America. Headline’s Global Growth Fund invests globally from Series B and beyond. The size and locations of these funds allow the firm to see local trends up close, meet winning founders, and lead rounds at every stage. Among the 300+ investments globally, Headline’s portfolio includes Acorns, AppFolio, ANGI (FKA Angie’s List), Brite Payments, Bumble, Fetch, Gopuff, Honeycomb, LucidLink, Mistral AI, Monta, NGINX, Raisin, Sonos, Segment, SEMrush, and Staffbase.

For media inquiries or more information, please contact:

Steven Le
[email protected] 

SOURCE Citizen Health

MESH SECURES ADDITIONAL FUNDING FROM INVESTORS INCLUDING PAYPAL VENTURES TO FURTHER POWER CRYPTO PAYMENTS

Funding comes on the heels of Mesh’s role in PayPal’s recent Pay with Crypto launch

SAN FRANCISCO, Aug. 14, 2025 — Mesh, the leading crypto payments network, today announced additional investments from PayPal Ventures, Coinbase Ventures, Uphold, Mirana Ventures (venture partner for ByBit), SBI Investment, Overlook Ventures, Kingsway Capital, Moderne Ventures and CE-Ventures, bringing total capital funding to more than $130 million. This support positions the company to accelerate its impact on the global payments industry.

Mesh’s technology supported the launch of PayPal’s Pay with Crypto service, which allows consumers to pay with a wide range of cryptocurrencies and eligible wallets. Mesh’s technology enables consumers to seamlessly pay using 100+ wallets and cryptocurrencies through Mesh’s SmartFunding orchestration engine. This allows PayPal merchants to tap into a rapidly growing $3 trillion market with over 650 million crypto users.

“Mesh is uniquely positioned to enable broad usability by streamlining access to wallets and exchanges and orchestrating real-time asset conversion to stablecoins, powering payments, funding and settlement with zero operational friction,” said Bam Azizi, CEO and Co-Founder of Mesh. “We’re building a bridge between users and merchants with a payments experience that people actually want, creating a world where anyone can pay with any asset, anytime.”

Most of the funds were settled with the PayPal USD (PYUSD) stablecoin. Mesh’s technology was used to instantly transfer the investment – proving firsthand the power and security of stablecoins for global transactions.

With integrations across Coinbase, Binance, ByBit, OKX, and more, Mesh’s technology already reaches hundreds of millions of users. This new funding will accelerate its expansion across the global payments industry, scaling APIs, expanding product development, and powering hundreds of crypto and payments platforms. All of this will continue to position the company for dominance in crypto payments as stablecoins drive the next wave of adoption.

“As crypto goes mainstream, Mesh is building the infrastructure layer that enables enterprises to embed crypto payments, transfers, and commerce experiences directly into their apps,” said Amman Bhasin, Partner, PayPal Ventures. “We’re strengthening our commitment because Mesh has shown they can deliver the security, compliance, and scalability that enterprises demand. We’re proud to back this outstanding team and pleased to be working with them in support of their vision for global crypto payments.”

Mesh’s SmartFunding technology eliminates friction in crypto payments, enabling users to pay with any digital asset while merchants receive instant settlement in stablecoins, such as PYUSD, or fiat. This innovative approach addresses the mismatch problem where users often hold different cryptocurrencies than what merchants prefer, ensuring a seamless checkout experience with the benefits of blockchain technology. With the stablecoin market having a market cap over $200 billion and powering $27.6 trillion in transaction volume, consumers and merchants want stable assets like stablecoins and local currency. Mesh is unlocking liquidity, making these assets fungible with its SmartFunding orchestration engine.

For more information about Mesh, visit https://meshconnect.com/.

About Mesh

Founded in 2020, Mesh is building the first global crypto payments network, connecting hundreds of exchanges, wallets, and financial services platforms to enable seamless digital asset payments and conversions. By unifying these platforms into a single network, Mesh is pioneering an open, connected, and secure ecosystem for digital finance. For more information, visit https://www.meshconnect.com/.

About PayPal Ventures

PayPal Ventures is the global corporate venture arm of PayPal. We invest for financial return in six areas of high strategic relevance to PayPal, including fintech, payments, commerce enablement, artificial intelligence, blockchain & cryptocurrency, and regulatory/cyber technology. Through the expertise, experience, and vast network of PayPal Ventures – and the companies we invest in – we are helping to bring transformative solutions to market faster. For more information, please visit: https://www.paypal.vc.

Contact: [email protected]

SOURCE Mesh

XOPS Emerges from Stealth with $40M in Funding to Deliver Business-Critical Autonomous IT

Fortune 500-proven platform provides unprecedented operational intelligence and eliminates the need for human middleware

SAN FRANCISCO, Aug. 14, 2025 — XOPS, the autonomous IT company, today emerged from stealth with $40 million in funding to transform IT operations for the world’s most complex enterprises. Its intelligent platform solves the longstanding challenges of fragmented and inefficient IT operations, reducing costs and increasing operational efficiency by astonishing margins while improving the employee experience. The round was co-led by Activant Capital and FPV Ventures, with Andrew Steele (Activant) and Pegah Ebrahimi (FPV) joining the XOPS board of directors.

As the first Active System of Intelligence, XOPS’ platform autonomously runs business-critical IT operations, providing total visibility across fragmented enterprise ecosystems, unprecedented operational intelligence, and complete lifecycle context through the platform’s living knowledge graph so XOPS legion of robots can orchestrate and execute complex, end-to-end processes.

“The sheer volume and velocity of telemetry generated by modern enterprises have long surpassed human cognitive capacity,” said Mayan Mathen, co-founder and CEO of XOPS, a serial entrepreneur and former CTO of NTT with 25+ years dedicated to Fortune 500 technology challenges. “XOPS delivers the autonomous systems needed to process, understand, and act on this operational intelligence without human intervention.”

XOPS technology represents a fundamental shift from traditional automation. While existing systems depend heavily on human operators, often orchestrating rather than doing, XOPS moves IT pros into a strategic oversight role, supervising autonomous systems that execute work across systems and departments independently.

Already in use by Fortune 500 companies, XOPS is delivering measurable results. One enterprise reduced staffing requirements on a major annual initiative by 95% and cut process time from days to under an hour – all while achieving 100% asset tracking accuracy through fully autonomous workflows. Another now handles device refresh cycles, employee onboarding and software license optimization without human intervention, ensuring continuous compliance and minimal downtime.

“The next generation of software will be defined by systems of intelligence—platforms that drive outcomes autonomously. XOPS is one of the rare few already doing that at scale inside the world’s largest enterprises,” said Andrew Steele, partner at Activant Capital. “What they’ve built is next level in both scope and ROI, and it takes a team of this caliber to make that real. We’re proud to be backing them.”

XOPS was co-founded by Mayan Mathen and Andrew Robinson. The leadership team brings deep enterprise IT expertise:

  • Chief Product Officer Cisco Sanchez, former CIO at Qualcomm and FedEx Ground, ensures XOPS delivers the intelligence, scale, and resilience demanded by the Fortune 100.
  • Chief Revenue Officer Brandon Kwong, who scaled Box from $10M to over $1B as a Global Vice President, is poised to drive rapid market adoption.
  • Chief Operating Officer Parisa Naseralavi, fresh from her successful tenure as SVP of Global Operations & Monetization at ServiceNow, is set to drive world-class GTM and operational excellence from day one.

“Having been CIO and COO for one of the largest banks, I know first-hand the price of siloed systems and wasting IT talent on manual processes,” said Pegah Ebrahimi, Co-Founder and Managing Partner of FPV Ventures. “XOPS has the potential to turn enterprise IT from a cost center into a competitive advantage.”

Backed by leading investors and trusted by Fortune 500 companies, XOPS is already delivering the future of autonomous IT. The company is scaling rapidly and continuing to expand its platform capabilities to support the growing demand for intelligent, end-to-end operational systems.

About XOPS
XOPS, the autonomous IT company, powers business-critical IT operations for the world’s largest enterprises. As the pioneering active System of Intelligence, XOPS delivers total visibility across enterprise systems, unprecedented operational intelligence, and complete lifecycle context. The platform deploys in days, bringing immediate intelligence to existing system investments while enabling truly autonomous operations with a legion of XOPS robots. From employee onboarding to software license optimization and far beyond, IT leaders reclaim resources and reduce risk, while their organizations achieve an average 20% cost savings, 60% process acceleration, and 80% error reduction. Learn more at XOPS.io.

Media Contact:
Kim Kelley
[email protected]

SOURCE XOPS

IgniteData Raises Series A to Accelerate Global Site Network Expansion and Clinical Trial Data Automation

NEW CASTLE, Del., Aug. 14, 2025 — IgniteData, a leader in intelligent clinical trial data automation, today announced the close of its Series A funding round, led by FCA Venture Partners, with strong participation from existing investors including SpringTide, which led the company’s previous funding round, and Oncology Ventures. The investment will accelerate IgniteData’s growth as it scales its global research site network and advances its flagship product, IgniteData Archer — a platform that enables seamless transfer of clinical trial data from electronic health records (EHR) to electronic data capture (EDC) systems and data warehouses.

The financing reflects growing industry validation of IgniteData’s platform, which enables real-time, automated transfer of complex clinical data between healthcare providers and pharmaceutical sponsors. IgniteData is already deployed at several of the world’s most prestigious cancer centers and is rapidly expanding into community hospitals and health systems across North America, Europe, and Asia.

“This round is about scale,” said Zach Taft, CEO of IgniteData. “The demand for smarter, faster clinical trials is exploding. We’ve already validated product-market fit and built deep integrations with top-tier sponsors and sites. This investment enables us to extend our footprint, unlock new data domains, and deliver on the industry’s need for intelligent data solutions at a global scale.”

The round was led by FCA Venture Partners, a Nashville-based firm with deep experience in healthcare innovation. FCA’s backing brings not only capital but strategic connections to influential integrated delivery networks (IDNs) and hospital systems.

“IgniteData represents a compelling opportunity to invest in a company that has established itself as the leader in this fast-evolving space,” said Matt King, Managing Partner at FCA Venture Partners. “Their adoption by the world’s top cancer centers and leading pharmaceutical sponsors demonstrates the value of their solution. IgniteData has developed a scalable data automation platform that delivers measurable results. We look forward to supporting their continued growth, global expansion, and the continued advancement of their transformative technology.”

This Series A follows an earlier investment that enabled the company to demonstrate market fit and commercial momentum. Returning investors SpringTide and Oncology Ventures increased their positions in this round, underscoring confidence in IgniteData’s trajectory.

“We backed IgniteData early because we believed in their vision to revolutionize clinical trials through intelligent automation — and to truly reduce burden on clinical sites while accelerating research,” said Ryan Morley, Partner at SpringTide “Today, we’re doubling down because they’ve exceeded expectations. They’re not just leading — they’re winning, and they’re transforming how sites and sponsors work together.”

The company’s roadmap includes further expansion of its site network, international deployments, and new product modules designed to unlock previously inaccessible clinical data. IgniteData has already begun leveraging large language models and intelligent data mapping to improve trial speed, data quality, and site-sponsor collaboration.

This announcement precedes several upcoming milestones, including board expansion, strategic partnerships, and product innovation that will continue to position IgniteData at the forefront of modernizing clinical trials.

About IgniteData
IgniteData is on a mission to revolutionize clinical trials through intelligent automation. By enabling real-time, secure transfer of clinical data between healthcare providers and life science companies, IgniteData accelerates research while reducing burden on clinical sites. With deployments across premier research centers and partnerships with top pharmaceutical sponsors, IgniteData is redefining what’s possible in clinical trial operations.

SOURCE IgniteData

Drivepoint Adds $9M From Top Tech And Consumer Investors To Accelerate AI Finance Platform For Retail Brands

Vocap leads new investment; joined by founders of Allbirds, Harry’s, and Warby Parker via Good Friends VC, and existing investors Bling Capital, Vinyl VC, Las Olas and Jefferies Family Office

BOSTON, Aug. 13, 2025 — Drivepoint, the AI-powered strategic finance platform for consumer brands, announced today that it has secured over $9 million in new funding to accelerate product innovation and go-to-market expansion. The total includes a fresh $7 million Series A round led by Vocap Partners along with a previously undisclosed investment raised earlier in 2024. Returning investors Bling Capital, Vinyl VC, and Las Olas Venture Capital and Jefferies’ Family Office also participated.

“Drivepoint is rapidly emerging as the default solution for intelligent finance in retail,” said Emery Waddell, Partner at Vocap. “The most forward-thinking retail brands are already running their finance operations on Drivepoint. Given the company’s track record of innovation, deep consumer brand expertise, and proven ROI for customers, it’s only a matter of time before the rest of the industry – including enterprise players – follows suit.”

Additional new capital comes from some of the most influential names in consumer and financial software. Good Friends VC, the venture firm founded by the creators of Allbirds, Harry’s, and Warby Parker, joined the round, with Allbirds co-founder Joey Zwillinger personally leading the investment.

Their backing brings unmatched credibility in consumer brand building and product-driven operating discipline, and adds to the list of notable consumer founders who have already invested, including Brian Tate, Founder & CEO of Oats Overnight, Jordan Nathan, Founder of Caraway, and Brian Riley, Founder & CEO of Guardian Bikes.

Already fueling smarter financial decisions for breakout brands including Curology, True Classic, and Simple Modern, Drivepoint has rapidly emerged as the leader in strategic finance for consumer brands. The platform combines spreadsheet-native flexibility with deep retail integrations and AI-native forecasting tools, giving finance teams the power to model, plan, and make decisions in real time.

Graza, the popular olive oil company, credits Drivepoint with dialing in automated modeling and forecasting, helping the company achieve record growth across multiple channels with a 1-person finance team. Oats Overnight used Drivepoint’s scenario planning capabilities to unlock an additional $4m in EBITDA. And Dose, a leading supplement brand, was able to improve gross margin by 3-5% using Drivepoint to drive forecast confidence and consistency.

“Drivepoint is one of those rare companies that creates an obvious desire to invest,” said Joey Zwillinger, Partner at Good Friends and Co-Founder of Allbirds. “I’ve experienced the problem firsthand as an operator and seen it through the lens of an investor in consumer brands. Drivepoint’s blend of AI and human insights gives operators an unrivaled financial understanding, driving efficiency in both inventory and marketing spend. The value this creates showed up in the customer reference checks we did – some of the best I’ve heard as an investor.”

The company will use the new funding to double down on AI product development in forecasting, variance analysis, and decision intelligence, and to scale its go-to-market efforts as demand from mid-market and enterprise brands accelerates.

“This milestone validates our vision and the results we’ve been able to deliver for our incredible customers,” said Austin Gardner-Smith, Drivepoint CEO and Co-Founder. “On average, Drivepoint customers see 6.7% gains in EBITDA in their first year on the platform, which can unlock massive enterprise value for a retail brand. This capital will let us scale those outcomes and help even more brands grow with clarity and confidence.”

About Drivepoint

Drivepoint is an intelligent finance platform built for consumer and retail brands. From high-growth startups to category leaders, Drivepoint helps finance teams unify their data, model their business, and drive better decisions—without rebuilding their workflows. Brands using Drivepoint report faster planning cycles, smarter investments, and significant gains in profitability and valuation. https://www.drivepoint.io/

About Vocap Partners

Vocap is a growth equity firm focused on B2B software companies. With deep operating and investing experience in vertical SaaS and AI, Vocap takes an active approach to helping founders build enduring, capital-efficient companies.

Media Contact:
Kate Burke
646-456-2889
[email protected]

SOURCE Drivepoint

LawPro.ai Closes Seed Funding Round Amid Strong Product Momentum and Innovation

LOS ANGELES, Aug. 13, 2025 — LawPro.ai Inc., a Los Angeles-based legal technology company, announces the successful close of its priced Series Seed round, led by Scopus Ventures. This investment will accelerate the company’s growth, particularly in the development and deployment of cutting-edge AI solutions for the injury claims industry.

“This investment fuels our mission to harness the power of AI to analyze and organize key value drivers, empowering our customers to make informed, efficient decisions that accelerate and optimize injury case resolution,” said Jeremy Schmerling, CEO & Co-Founder. “With support from Scopus Ventures, our team can move faster, innovate, and continue delivering solutions that drive efficiency and maximize case outcomes.”

Fueled by its latest funding, LawPro.ai is accelerating innovation with the launch of Case Assistant – a feature that delivers instant case insights and helps law firms increase case value while reducing manual review time. Case Assistant is a high-impact, purpose-built tool that streamlines case analysis, accelerates legal drafting, and empowers attorneys during preparation and live negotiations. From deposition prep to treatment timeline review, legal professionals can now navigate structured medical data through an intuitive, conversational interface, unlocking new levels of speed, clarity, and efficiency in casework. “LawPro.ai allows us to respond faster, prepare stronger demands, and ultimately get better results for our clients. It’s become an indispensable part of our practice.” – Lorraine Chenault, Director of Operations at ZS Law

In addition, LawPro.ai has filed a provisional patent for its proprietary AI technology that automatically detects and corrects inaccuracies and hallucinations in AI-generated content, without the need for human oversight. While other platforms require human review to ensure accuracy, LawPro.ai’s automated approach reduces turnaround time while enhancing data integrity. This innovation sets a new standard for speed and reliability in medical record analysis.

With the launch of Case Assistant and continued investment in proprietary AI technology, LawPro.ai is cementing its position as a frontrunner in injury claims legal tech. The seed funding will further accelerate product innovation.

“LawPro.ai is transforming some of the most time-consuming legal workflows with expert, purpose-built AI,” said Bahram Nour-Omid, Managing Partner at Scopus Ventures. “We’re proud to lead this round and back a team that deeply understands the legal industry’s needs and is building the tools to drive efficiencies and unlock growth.”

About LawPro.ai
LawPro.ai is transforming how personal injury law firms review medical records through its proprietary AI platform. Built by lawyers for lawyers, the platform organizes, analyzes, and summarizes medical records, producing detailed chronologies with treatment summaries and objective findings in minutes. Designed to deliver consistent, high-quality outputs across all case types and formats, LawPro.ai eliminates bottlenecks, boosts case volume, and increases settlement values. Fully HIPAA-compliant and easy to integrate, LawPro.ai helps firms move faster, work smarter, and win more.

About Scopus Ventures
Scopus Ventures is a venture capital firm dedicated to investing in early-stage technology companies with high growth potential. Scopus Ventures partners with visionary entrepreneurs to build companies that create significant value and impact. For more information, visit www.scopusventures.com.

For media inquiries, please contact:
LawPro.ai
Address: 11859 Wilshire Blvd 5th floor suite 500, Los Angeles, CA 90025
Email: marketing@lawpro.ai 

SOURCE LawPro.ai Inc.

Lanchi Ventures-Backed ONERWAY Secures 10 Million Series A+ to Bolster Global Payments Infrastructure

SINGAPORE and LONDON, Aug. 12, 2025 — UK-founded global payments infrastructure provider ONERWAY has closed a $10 million series A+ funding round, with a valuation approaching $200 million. The round was led by Yunqi, with participation from all series A investors Lanchi Ventures, Eminence Ventures and Enlight Growth Partners, underscoring sustained investor confidence in its mission to streamline global financial transactions. The new capital will accelerate its global expansion, enhance cross-border payment infrastructure for faster and more cost-effective processing, and improve its current product matrix with new solutions such as stablecoin, agentic payment and other AI-driven products.

“The payments system is the foundational infrastructure underpinning global commerce, having given rise to multibillion-dollar giants such as Visa, Mastercard, PayPal, and Stripe. Today, advancements in AI and stablecoins are bringing unprecedented opportunities to the industry. Lanchi Ventures firmly supports ONERWAY’s exceptional founders in building a new generation of world-class payment platforms with the power of technology – making cross-border transactions safer, more convenient, and more efficient,” commented Lanchi Ventures.

Since 2017, ONERWAY has established itself as a leader in overseas corporate account solutions, handling cross-border merchant acquiring, global payouts and card issuance for a growing roster of global clients. Trusted by top e-commerce platforms, leading gaming developers and AIGC startups, it now supports over 170 payment methods across 110 currencies, with seven global offices covering more than 60 countries and regions. Having maintained profitability since 2022 and with a strong cash position, it has demonstrated robust execution, wrapping up this Series A+ round in months despite volatile capital market conditions. This track record reinforces its appeal to both investors and merchants seeking a stable, scalable payment partner.

“The rapid completion of this funding round validates our growth strategy in a challenging market,” said Andy Wang, Co-founder & CEO of ONERWAY. “We’re not just scaling; we’re redefining how businesses transact across borders. This funding accelerates that mission: breaking down fragmentation, slashing friction, and putting global growth within reach for every business.” Leading investor Yunqi added: “ONERWAY is positioned to deliver end-to-end innovative payment solutions that align with the structural transformation of payment infrastructure and evolving consumer interaction paradigms. Through ongoing technological investment and global deployment capabilities, ONERWAY has become a strong partner for merchants worldwide.”

Looking ahead, ONERWAY will deploy the funds to enhance its technology, expand licensing and deepen partnerships, strengthening its ability to serve merchants operating across borders. With preparations underway for a Series B round in 2026, the company is poised to reinforce its position as a leading provider of global payment solutions, offering reliability and innovation for businesses ready to scale internationally.

About ONERWAY

Founded in the UK in 2017, ONERWAY delivers secure, efficient payment and corporate banking solutions worldwide, simplifying cross-border transactions via unified global infrastructure.

About Lanchi Ventures

Lanchi Ventures (LCV), a leading early-stage venture capital firm with offices in Singapore, Hong Kong, and Beijing, focuses on investing in entrepreneurs who leverage technological innovations to create a sustainable impact. With its heritage in Silicon Valley since 1998, Lanchi Ventures (LCV) manages over $2 billion in capital through multiple funds and has invested in over 200 portfolio companies, including Genspark, Gaussian Robotics, TCab, UniUni, Agibot, Galbot, Moonshot AI, Li Auto (NASDAQ: LI), QingCloud (688316.SH), WaterDrop (NYSE: WDH), Ganji/58.com, etc. The firm has been recognized by Forbes, Fortune, Preqin, and others. For further information, please visit https://www.lanchiventures.com.

SOURCE Lanchi Ventures

Protege Announces $25 Million Series A to Expand AI Training Data Platform

NEW YORK, Aug. 13, 2025 — Protege, the platform designed to enable the secure exchange of proprietary data for artificial intelligence training, today announced the close of a $25 million Series A funding round. The round was led by Footwork, with participation from existing investors including CRV, Bloomberg Beta, Flex Capital, Shaper Capital, Liquid 2 Ventures, and more.

“Access to the right training data continues to be the biggest bottleneck to AI’s progress. Protege was born out of a belief that the next generation of AI breakthroughs will be powered by enabling data holders to safely allow controlled access to their data,” said Bobby Samuels, CEO and Co-Founder of Protege. “This funding is a major milestone that enables us to deepen our product and partner even more closely with the organizations shaping the future of AI.”

Since its $10 million seed round in 2024, Protege has partnered with leading foundational models and AI companies, generating tens of millions in revenue for its data partners. Today, Protege has over 100 data partners across healthcare and media and boasts an expansive catalog of AI training data, including access to over 300,000 hours of video content, over 500,000 hours of audio content, billions of clinical notes, and hundreds of millions of medical images. Last week, Protege launched two new verticals, Audio & Speech and Motion Capture, to further expand its reach.

Founded by Bobby Samuels, Travis May (CEO of Shaper Capital and co-founder and former CEO of LiveRamp and Datavant), Chief Scientific Officer Engy Ziedan, and CTO Richard Ho, Protege partners with data owners across industries to make proprietary data accessible to AI developers in a safe and governed way. For AI builders, Protege’s expertise in navigating data fragmentation and sourcing hard-to-find data assets supports effective and efficient model development.

“The richest data in the world — and the most important information for training AI — sits in proprietary data sets: rich human knowledge is embedded in content like videos, news articles, audio clips, medical images, textbooks, and many other proprietary sources,” said May. “We believe that safely unlocking this data is one of the single biggest opportunities to accelerate the pace of AI development.”

After growing its business 20x in 2025, Protege will use the Series A funding to deepen its product investments, expand into new verticals, and grow its partnerships with enterprise customers and data partners.

“We’re thrilled to back Protege in their mission to become the connective tissue between proprietary data and cutting-edge AI,” said Nikhil Basu Trivedi, Co-Founder and General Partner at Footwork. “The team has shown incredible execution since seed, with real traction across healthcare, media, and frontier AI labs. As more organizations look to build AI products grounded in real-world data, Protege’s platform will be critical to doing so safely and at scale.”

Protege’s fundraising announcement was also covered in The Information here.

About Protege: 
Protege is the platform for AI training data, enabling seamless and compliant data exchange. By empowering data holders and connecting them with AI developers, Protege supports the creation of thoughtful AI solutions. Learn more at www.withprotege.ai.

SOURCE Protege