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QI Tech Raises $63 Million in a Series B Extension Led by General Atlantic and Strengthens Its Position As a Leading Financial Infrastructure Platform in Brazil

The funding reflects strong investor confidence and bolsters the Company’s cash position to pursue strategic opportunities

SÃO PAULO, July 31, 2025 — QI Tech, a leading financial infrastructure fintech (or “the Company”), announced today that it has secured $63 million (approximately R$350 million at the current exchange rate) in a new Series B extension funding led by General Atlantic, a leading global investor. The funding will help QI Tech accelerate the development of new client solutions, strengthen its leadership in Brazil’s digital banking transformation, and support strategic acquisition opportunities.

QI Tech continues to reinforce its appeal to institutional investors through operational strength, mature governance, and a proven ability to execute at scale. General Atlantic previously led QI Tech’s $200 million Series B in 2023, which supported the Company’s acquisition of brokerage firm Singulare and solidified its position as the largest custodian of FIDCs (Investment Funds for Private Credit) in Brazil. The Series B extension also includes participation from Across Capital, marking its fourth consecutive investment in the Company.

“This new investment enhances our ability to accelerate the development of solutions aimed at modernizing Brazil’s financial infrastructure. We remain focused on expanding our portfolio with reliability, compliance, and scalability. The additional capital also positions QI Tech for strategic M&A moves aligned with our long-term vision,” says Pedro Mac Dowell, CEO and founder of QI Tech.

As the company continues to grow, QI Tech is focused on its acquisition strategy, product diversification, and building an all-in-one financial ecosystem. With proprietary technology, seamless API integrations, and comprehensive regulatory licenses, the Company is shaping the future of financial infrastructure.

Acquisition Strategy Drives Growth

In recent years, QI Tech has expanded strategically through the acquisitions of three key companies: Zaig (2021), specialized in anti-fraud and credit engines; Singulare (2023); and Builders Bank (2023), a white label platform for Banking. The Company now processes over 20 million anti-fraud transactions per month, has validated more than 90 million individual registrations, and protects approximately $13 million in potentially fraudulent transactions each month. According to the ranking released by Anbima in July 2025, following the acquisition of Singulare, QI Tech is now the leading FIDC custodian with $17 billion in assets under custody and a total of $25 billion in assets under management across all fund types. QI Tech is leveraging this strategy to gain strength, incorporate new technologies, and expand its range of services for clients.

Product Diversification and Next Steps

As it expands beyond traditional banking services, QI Tech is delivering a full-stack solution that meets all of its clients’ financial needs through a single platform. The Company recently launched its insurance-as-a-service platform, and in just six months, it has issued over $27 million in insurance premiums, surpassing the total volume generated by all insurtechs that participated in SUSEP’s regulatory sandbox. QI Tech is also developing its foreign exchange infrastructure, which will enable fast, secure, and automated international transactions. This innovation aims to eliminate the traditional bureaucracy and delays associated with FX in Brazil, offering clients a fully digital experience, without necessarily depending on the SWIFT network.

Embedded Finance and Strategic Clients

Each client has unique needs, and QI Tech stands out by delivering scalable solutions powered by cutting-edge technology and a team of financial industry experts. As a leading player in Brazil’s “Embedded Finance” space, QI Tech has already developed projects for more than 400 companies, including major brands such as 99, Shopee, and QuintoAndar.

Beyond its robust technology, QI Tech offers clients personalized support throughout the structuring and development of their financial solutions. The Company recently launched QI Fatura, a technological infrastructure that enabled installment payments via Pix, an innovation that preceded the official “Pix Parcelado” product, demonstrating QI Tech’s ability to turn complex ideas into reality and create innovative financial products that deliver real business value.

About QI Tech

Founded in 2018, QI Tech is Brazil’s leading technology infrastructure provider for financial services. The company’s comprehensive API platform enables financial institutions, fintechs, and enterprises to rapidly deploy and scale innovative financial products. QI Tech’s solutions cover the full spectrum of financial services, from core banking and payments to lending, investments, and insurance. The company serves hundreds of clients across Brazil and is expanding throughout Latin America.

SOURCE QI Tech

Tether-Focused Layer 1 ‘Stable’ Closes $28 Million Funding

Stable aims to increase USDT adoption and become the backbone for stablecoin payments

NEW YORK, July 31, 2025Stable, the layer 1 blockchain network powered by USDT and designed to achieve seamless financial transactions through stablecoins, today announced the closing of its $28 million seed funding round led by Bitfinex & Hack VC, with participation from Franklin Templeton, Castle Island Ventures, eGirl Capital, Bybit-Mirana, Susquehanna International Group, Nascent, Blue Pool Capital, BTSE and KuCoin Ventures. Notable angel investors and advisors include Paolo Ardoino of Tether, Bryan Johnson of Braintree, Nathan McCauley of Anchorage and Gabriel Abed. Bitfinex is one of the early investors and has played a key role in incubating Stable from the start.

The funding round comes on the heels of Stable’s emergence from stealth, and will be used to build out the network’s infrastructure, grow its employee base, and to increase worldwide USDT distribution. Stable’s unique approach as a “stablechain” is designed for seamless and instant transactions, and enters the market during the peak of stablecoin adoption following the passing of the GENIUS Act in the United States.

“Payments infrastructure around the world needs an overhaul, and traditional methods have failed to achieve fast, reliable, and secure digital payments despite massive demand from consumers across the globe,” said Joshua Harding, Founder and CEO of Stable. “Stable was developed to take advantage of the potential behind stablecoins like USDT to offer instant and seamless payments, directly addressing problems with current payment rails. The support we have received from major investors in both crypto and traditional finance shows that they share our vision, one that we are incredibly excited to work alongside them to make a reality.”

The funding round closely follows the passage of the GENIUS Act, a landmark U.S. crypto legislation that provides regulatory clarity for stablecoin payments and establishes guidelines for banks and financial institutions to fast-track digital payments infrastructure. The “stablechain” is now uniquely positioned in a market that has the formal backing of the U.S. government to implement stablecoin payments, and its direct alignment with USDT, the world’s largest stablecoin, is poised to advance stablecoin adoption amongst institutions and retail users alike.

“It is clear that the US is undergoing a complete 180 in terms of its approach to digital assets and stablecoins, moving from the ‘enforcement by lawsuit’ approach under the previous administration towards providing clear rules of the road for institutions,” said Paolo Ardoino, CEO of Tether and CTO of Bitfinex. “Now, major financial institutions and banks will be able to fully unleash the power behind assets like USDT, something the Stable team fundamentally understands and is exceptionally poised to capitalize on. They are very advanced in terms of their infrastructure and roadmap, making them well positioned to bring USDT into the mainstream.”

Recently, Stable unveiled its roadmap for the remainder of 2025, outlined in three distinct phases: Phase 1, which is currently underway, will see the establishment of USDT as the foundational layer for the network and leverage the asset as its native gas token alongside the implementation of sub-second block time and finality to improve network speed.  Phase 2, set to be rolled out in the coming months, will introduce USDT transfer aggregators and a guaranteed blockspace for enterprises to ensure efficient processing and performance, while Phase 3 promises to bring additional speed upgrades alongside dedicated developer tools and resources to kickstart dApp development.

For more information about Stable, including technical documentation and more details around its 2025 roadmap, please visit: https://stable.xyz/

About Stable

Stable is a Layer 1 blockchain designed for seamless financial transactions, powered by USDT as the native gas token. Its design prioritizes usability, reducing friction for end users by eliminating the need for volatile tokens for transaction fees. Ideal for peer-to-peer payments, remittances, and cross-border transactions, Stable enables virtually instant settlement, enhances capital efficiency, and creates a user-friendly ecosystem for developers and users alike.

Media Contact:
[email protected]

SOURCE Stable

Carbyne Raises $100 Million in Funding to Accelerate AI-Powered Emergency Response and Intelligence

Emergency communications leader posts 477% YoY growth of APEX ARR; new funding to fuel cloud-native AI innovation, global expansion.

NEW YORK, July 31, 2025 — Carbyne, the leading provider of cloud-native emergency communications and response solutions, today announced it has raised $100 million in new financing. This funding round underscores Carbyne’s rapid growth and will enable the company to accelerate development of its AI-driven 911 emergency response platform, expand into new mission critical industries, and continue its international growth while upholding the highest standards of cybersecurity and compliance.

Participants in the financing included AT&T Ventures, Axon Enterprise, Cox Enterprises, Global Medical Response, Hanaco Growth, Hercules Capital, RCM Private Markets Fund managed by Rokos Capital Management (US) LP, and Silicon Valley Bank (SVB), a division of First Citizens Bank. Carbyne consulted with Goldman Sachs throughout the process.

“This significant investment is a strong vote of confidence in Carbyne’s vision and execution,” said Amir Elichai, CEO and Founder of Carbyne. “Over the past year, we’ve demonstrated that our cloud-native approach and AI innovations can truly transform emergency communications – not only for 911 centers but also for broader markets in need of modern incident response solutions.”

Carbyne’s momentum over the past year has been exceptional, highlighted by triple-digit growth across its core platform. Key performance milestones from the last 12 months include:

  • +477% year-over-year growth in APEX annual recurring revenue (ARR): Carbyne’s flagship APEX cloud platform – a next-generation 911 call-handling solution – reflecting surging demand from emergency call centers.
  • +105% increase in APEX platform customers: The number of public safety agencies utilizing Carbyne’s APEX platform has more than doubled, as 911 centers adopt cloud-native systems to replace aging legacy infrastructure. Continued growth will be supported by Carbyne bringing its technology to new, non-Public Safety Answering Point (PSAP) environments with critical incident response needs.
  • Nearly 300 sites worldwide, across 23 U.S. states and six countries with 7,000+ calltakers using Carbyne globally: Carbyne has experienced exponential growth that’s rooted in a commitment to a sustained investment in assistive AI built for mission-critical environments. Unlike bolt-on solutions, Carbyne’s AI is integrated into its all-in-one platform, delivering intelligent, real-time support across call handling, dispatch, resource coordination, and emergency decision-making. Today, hundreds of public safety agencies are already leveraging Carbyne’s AI Suite, and the feedback has been nothing short of phenomenal. Carbyne’s proprietary, high-quality data sets — generated from millions of emergency interactions — give us a unique edge in training highly accurate virtual agents that truly understand the urgency and nuance of mission-critical scenarios. From dramatically reducing response times to alleviating frontline staffing pressures, Carbyne’s AI is not a vision — it’s already delivering tangible outcomes in the field.

“As AI adoption accelerates in public safety, Carbyne is uniquely positioned to lead,” said Alex Dizengof, Co-Founder and CTO of Carbyne. “By building AI into the core of our platform, we’re not just enhancing emergency response — we’re setting the standard for faster, smarter, and more reliable outcomes when every second counts.”

Carbyne is a leader in delivering a cloud-native, mission-critical communications platform for emergency communication centers at scale. While others are still trying to figure out how to migrate off legacy infrastructure, Carbyne is accelerating into the intelligence era — deploying AI-driven solutions that are designed to save lives today.

With this funding, Carbyne will expand its innovation pipeline, scale operations globally, and continue to provide security, privacy, and reliability as a core to its platform. The company’s mission remains clear — to build a safer, smarter world by transforming how public safety agencies and critical infrastructure providers leverage technology.

“Every day, first responders and 911 operators face critical, split-second decisions,” said Axon Senior Vice President of Strategy and Corporate Development Henrik Kuhl. “Carbyne is transforming how emergency calls are managed — delivering real-time, AI-powered intelligence to those on the front lines of public safety. We’re proud to work with Carbyne to help accelerate the global deployment of these life-saving technologies and unlock new opportunities to integrate Axon’s connected devices and real-time operational tools with Carbyne’s emergency data platform — enabling faster, more informed decisions when every moment counts.” 

“Across the country when seconds count, Global Medical Response (GMR) is there to deliver the highest quality emergency care,” said Edward “Ted” Van Horne, Chief Operating Officer, GMR. “Investing in Carbyne and furthering our partnership supports GMR in continuing to improve that care — bringing cloud-native, data-rich technology to the front lines of emergency response for increased safety in the communities we serve.” 

Carbyne will use the new capital to grow its R&D and engineering teams, deepen its AI capabilities, and bolster its go-to-market efforts in North America, Latin America, and EMEA. Carbyne also plans to invest in strategic partnerships and integrations to further enrich the ecosystem of tools available to emergency responders. 

About Carbyne

Carbyne is setting a new standard for how the world responds to emergencies. Our cloud-native platform — built for speed, clarity, and action — uses AI to help emergency responders move faster, see more, and make confident decisions when lives are on the line. Carbyne connects responders with real-time data, live video, multilingual transcription and translation, and intelligent tools that streamline complex workflows and enhance coordination. Deployed across dozens of jurisdictions, integrated with leading public safety systems, and trusted to process over 250 million data points annually with 99.999% call handling uptime, Carbyne delivers resilience at scale. With global reach and an unrelenting focus on impact, we help communities stay safer, better prepared, and more connected — because every second matters, and every person counts. Learn more at Carbyne.com.

Contact:
Kara Erwin
[email protected]
(512) 771-6911

SOURCE Carbyne

MyPrize Achieves Over $1.2B GMV Run Rate and Successfully Closes Funding Round At $250M Valuation Cap, Disrupting Online Social Gaming As The Fastest Growing Gaming Business In The United States

On pace for over $100M+ of revenue this year, MyPrize is the fastest growing gaming business, and one of the fastest growing technology companies in the country

MIAMI, July 31, 2025 — MyPrize, the team behind the world’s fastest growing multiplayer online social casino that is operating at a GMV run rate of over $1.2 billion, today announced the closing of its $21 million strategic funding round at a valuation cap of $250 million from existing investors and major family offices. The round includes participation from prior lead investors Dragonfly and Boxcars Ventures. With this round, the company has now raised a total of $38 million in funding to date.

MyPrize has seen unprecedented growth and success in the US-based online social gaming sector. Founded by Zach Bruch in late 2023, and launched in summer 2024, the company is on track to achieve a set of monumental milestones for a technology company, surpassing $100M+ in annual revenue while simultaneously reaching profitability by the end of the year. This feat is nearly unprecedented for a company in its first two years after founding and just one year following product launch.

Just as notably, the company continues to grow at an exponential pace month over month. MyPrize’s position as one of the fastest growing technology companies of all time is being driven by a differentiated model that blends creator-led livestreaming-based entertainment with online games that offer sweepstakes-based prizes on MyPrize.us. With over $500M+ won by players to date, MyPrize is proving that innovation and scalability can go hand-in-hand in one of the fastest-growing consumer categories.

“MyPrize has transformed online entertainment for both players and creators, and the momentum we’re seeing is just the beginning,” says MyPrize Founder & CEO, Zach Bruch, commenting on today’s news, “The growth we are seeing at MyPrize proves that social gaming has fully arrived to the US market and there is massive demand for a more engaging, creator-driven approach to online gaming. The nature of entertainment has fundamentally changed with speculation taking center stage. As users embrace this new frontier, MyPrize is ushering in the golden age of online entertainment, powered by our proprietary AI retention and engagement platform and best-in-class player and creator experience. Our latest fundraise will unlock the next phase of our exponential growth curve and open the MyPrize platform to thousands of new creators, celebrities, and all-new markets globally.”

The strategic funding will be used to accelerate MyPrize’s growth and scale its vertically integrated technology platform to drive better experiences for players and creators alike, powered by MyPrize’s proprietary AI personalization engine. As demand for real-time, socially-driven gaming continues to rise, the new capital will enable MyPrize to expand its reach, onboard more creators, and enhance the core product experience for players. MyPrize is building the first entertainment-native gaming platform, one where creators and communities drive engagement, loyalty, and long-term value.

For more information on MyPrize, please visit: https://myprize.us/.

About MyPrize
MyPrize is the fastest growing free-to-play social casino, redefining how people play, watch, and connect around gaming online. Pioneering multiplayer gaming experiences where users can join forces with creators, streamers, and friends, MyPrize provides a platform that is built for shared moments and massive communities.

MyPrize transcends boundaries and gives players and fans what they have been desperately craving, an all-in-one open platform that combines the best of both online gaming and livestreaming, powered by MyPrize’s proprietary AI personalization engine. MyPrize is building more than just a social casino, they’re building the future of online entertainment. For more information, please visit MyPrize.US or MyPrize.com for international players.

Media Contact
M Group Strategic Communications (on behalf of MyPrize)
[email protected] 

SOURCE MyPrize

Daloopa Receives $13M Strategic Investment to Power the Next Generation of AI in Finance with the Most Accurate and Complete Data Infrastructure

Funding supports global expansion of Daloopa’s AI-ready fundamental data platform and the launch of its new Model Context Protocol (MCP), now integrated with Anthropic’s Claude for Financial Services

NEW YORK, July 31, 2025 — Daloopa, the AI-powered fundamental data platform trusted by the world’s leading equity investment and research teams, today announced a $13 million strategic investment to meet growing demand for high-quality data powering Large Language Models (LLMs) and AI agents in financial services. The round saw participation from existing and new investors such as Pavilion Capital.

As institutions accelerate AI adoption, the shortcomings of public web-sourced data have become clear—hallucinations, inaccuracies, and the inability to tie outputs back to trusted sources. Daloopa addresses this problem at the core.

Its newly launched Model Context Protocol (MCP) bridges the gap between LLMs and structured, fully sourced financial data. Daloopa covers nearly 4,700 public companies globally, delivering up to 10 times more datapoints per company than other providers. Each datapoint is hyperlinked to the original source—filings, footnotes, presentations, and transcripts—for full auditability.

“We’re entering the era where AI is no longer optional in finance—but accuracy and auditability are non-negotiable,” said Thomas Li, CEO of Daloopa. “We are excited by the trust the Pavilion Capital team has placed in Daloopa, enabling us to support hedge funds, banks, mutual funds, and corporates who want to scale AI tools without sacrificing data integrity. With our AI-driven data platform, Daloopa is the essential foundation for any analyst building an AI-enabled research stack.”

Already integrated with Anthropic’s Claude for Financial Services, Daloopa’s MCP is LLM-agnostic and supports Claude, OpenAI’s API, and other AI platforms using MCP Standard Protocol. Daloopa’s MCP also enables a custom Daloopa GPT, accessible through OpenAI’s GPT directory.

Daloopa’s MCP powers a wide range of analytical AI workflows—from hedge funds identifying quarter-over-quarter inflections and simulating scenarios, to private equity and valuations teams generating comps instantly, to equity researchers spinning up reports with full source traceability. Strategy and AI leaders also rely on MCPs to accelerate internal adoption and eliminate manual cleanup.

With this funding, Daloopa will expand product capabilities, accelerate AI research, and deepen LLM integrations—enabling institutions to build more reliable, scalable financial AI tools.

About Daloopa

Headquartered in New York, Daloopa is the leading provider of AI-powered fundamental data for institutional investors. Its proprietary platform sources, structures, and distributes the most complete and accurate historical financial dataset—covering nearly 4,700 public companies globally with more than 10 times the datapoints per company compared to other providers.

Built for speed, auditability, and integration with AI tools, Daloopa helps hedge funds, private equity firms, mutual funds, corporates, and investment banks accelerate model-building and research workflows. For more information, visit daloopa.com.

Media Contact:
Kari Litzmann
Head of Marketing
[email protected]

SOURCE Daloopa

Noma Security Raises $100M to Drive Adoption of AI Agent Security

Series B Led by Evolution Equity Partners, funding round further accelerates Noma Security growth and platform expansion

NEW YORK, July 31, 2025Noma Security, the unified platform for AI and agent security, today announced it has raised $100 million in Series B funding less than a year after the last round, making Noma Security the fastest-growing company in the AI security category. The round was led by Evolution Equity Partners, with continued participation from Ballistic Ventures and Glilot Capital.

Noma Security came out of stealth in November of 2024 and ended the year with a strong portfolio of customers in production. Noma Security increased ARR more than 1,300% in the last year with dozens of successful customers across financial services, life sciences, retail, and big tech.

This investment comes at a critical time for enterprise CISOs as they race to secure and govern agentic AI ahead of enterprise adoption. According to UBS Research, 53% of surveyed organizations plan to adopt agentic AI by 2026, with 83% adopting AI agents by 2028.

Noma Security helps Fortune 500, AI-forward organizations confidently unlock the value of agentic AI wrapped in robust governance, security and compliance. These organizations identify millions of AI and AI agent risks while simultaneously prioritizing and mitigating novel threats at scale. For example, one Noma Security customer processes hundreds of millions of AI prompts every month while scanning thousands of model artifacts and AI environments including cloud, code repositories and AI agent development platforms.

Richard Seewald, Evolution Equity Partners Founder and Managing Partner, said, “We are intimately familiar with the AI security category and chose to invest in Noma Security based on two main factors. First, the Noma Security founding team had the foresight to build a comprehensive AI security and governance platform to address all CISO challenges related to AI security. Second, as evidenced by rapid customer growth, Noma Security quickly found product-market fit within the enterprise CISO’s organization with a solution for agentic AI security and governance.”

Niv Braun, Noma Security CEO and Co-Founder, said, “AI agent adoption is exploding within our customer base and CISOs understand that AI innovation must be thoughtfully deployed with full guardrails. Noma Security is the only cybersecurity vendor to offer an end-to-end platform purpose-built to identify and mitigate the uniquely advanced risks of agentic AI.

“Alongside our customers and partners we built the most-comprehensive security and governance solution for both AI and agents. We’re thrilled to partner with Evolution Equity Partners as we continue to lead the enterprise AI security category and help our customers deliver AI innovation with confidence.”

In addition to accelerated innovation in AI and agent security, this funding round will be used to further expand Noma Security go-to-market operations across North America and EMEA and to more rapidly grow its product, R&D and research teams in Tel Aviv.

To learn how Noma Security can help your team secure AI, everywhere:

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

About Noma Security
Noma Security is the unified AI agent security platform giving enterprise organizations the confidence to rapidly adopt AI innovation at scale. Noma Security uniquely helps cybersecurity teams control AI risk through continuous AI discovery, AI security posture management and risk prioritization, and AI red teaming and runtime protection. Backed by Evolution Equity Partners, Ballistic Ventures, Glilot Capital, Cyber Club London, Databricks Ventures and SVCI, Noma Security is widely adopted by Fortune 500 customers and has been recognized by Gartner as a leader in AI trust, risk and security management (AI TRiSM). Learn more at https://noma.security and follow us on Linkedin.

Media Contact
Sena McGrand
ICR for Noma Security
[email protected]

SOURCE Noma Security

Saphyre Secures $70 Million Growth Equity Investment from FTV Capital

Investment will drive continued product innovation, accelerate go-to-market and international expansion, and deepen integration across the financial services ecosystem from pre- through post-trade

HOBOKEN, N.J., July 31, 2025Saphyre, a leading AI-powered software platform for automating  finance operations and trading workflows, today announced it has closed a $70 million growth equity investment from FTV Capital, a sector-focused growth equity firm with a strong track record of investing in high-growth capital markets technology companies. The investment will enable Saphyre to accelerate go-to-market efforts in pre- and post-trade, support ongoing product innovation, expand its global footprint and deepen integration across the financial services ecosystem. 

“This investment marks a major milestone in Saphyre’s mission to revolutionize financial services workflows with our patented AI technology and exceptional commitment to our clients,” said Gabino Roche, Jr., CEO and founder of Saphyre. “FTV Capital stands out as a partner that not only understands the structural inefficiencies in this space, but also brings deep relationships across our core client base and a strong track record of scaling capital markets technology companies. It’s incredibly rewarding to see our team’s relentless innovation recognized by such a reputable investor, and we’re just getting started.”

Capital markets participants – spanning buy-side investment managers, asset owners, sell-side banks and asset servicers – have long relied on outdated, manual processes when exchanging and maintaining onboarding data with counterparties, creating massive inefficiencies at scale. At the same time, financial institutions face increasing pressure and expectations around speed, transparency and control, necessitating solutions that standardize and automate onboarding in order to improve the client experience and accelerate turnaround times.

Founded in 2017, Saphyre has built a proprietary, memory-driven technology platform that helps investment ecosystem participants onboard counterparties more efficiently. By intelligently digitizing and structuring pre-trade data while preserving context across fund lifecycles, the platform enables counterparties to achieve ready-to-trade status in as little as 24 hours, dramatically shortening fund launch times and eliminating up to 75 percent of redundant post-trade activities. By establishing a golden source of data in the pre-trade phase, Saphyre proactively prevents downstream issues and empowers institutions to settle trades in near real-time. Its solution enhances operational control, improves risk oversight and positions clients to navigate major regulatory changes such as the move to T+1 settlement.

“Despite the rapid pace of innovation in financial services, middle-office workflows continue to rely on outdated and fragmented processes,” said Mike Cichowski, partner at FTV Capital. “Saphyre has grown rapidly as a category leader in automating account and fund onboarding through its differentiated platform and cloud-native architecture, which enables seamless data sharing between investment managers, asset owners and the sell-side and benefits from a powerful network effect that strengthens with each new client. We’re excited to support Gabino and the Saphyre team as they scale and continue to unlock efficiencies through automation for their rapidly growing blue-chip client roster.”

Saphyre’s powerful interoperability network integrates with leading industry platforms and today serves over 75 of the world’s largest financial institutions, representing thousands of accounts and more than $3 trillion in assets under management.

“BNP Paribas remains a committed partner to Saphyre and supports the innovation the company is continuing to bring to the industry,” said Junaid Baig, head of strategic investments and co-head of strategy at BNP Paribas.

As part of this investment, Cichowski will join the Saphyre board of directors.

About Saphyre
Saphyre leverages AI technology to digitize all pre-trade data and activities across multiple counterparties: from asset owners to investment managers, hedge funds to prime brokers, client firms to broker-dealers and custodians, and much more. Saphyre’s platform maintains memory of data and documents, resulting in clients not having to search or resubmit information, and expedites flow in a digitally structured manner so that it can be consumed and understood by any permissioned counterparty in the finance industry. This allows firms not only to assess risk faster, but also to speed up their onboarding processes, get real-time ready-to-trade statuses per account, and eliminate up to 75% of redundant or inefficient post-trade activities.

About FTV Capital
FTV Capital is a sector-focused growth equity investment firm that has raised more than $10.2 billion to invest in innovative, high-growth companies across financial technology and services, vertical software, enterprise technology and services, and healthcare technology and services. Founded in 1998, FTV has developed a highly differentiated and disciplined growth equity model, which leverages the firm’s deep domain expertise and thematic investing approach to help portfolio companies accelerate growth. FTV also provides companies with access to its Global Partner Network®, a strategic group of more than 600 executives from many of the world’s leading financial services firms and FTV Propel®, an in-house team of seasoned operational leaders who deliver counsel and resources across a range of critical business functions.

FTV has invested in over 150 portfolio companies, including Derivative Path, FundApps, Masttro, True Potential, Validus, Windward and Zema Global, and successfully exited/partially exited Actimize (acquired by NICE), Apex Fund Services (acquired by Genstar), Centaur (acquired by Waystone Group), Egress (acquired by KnowBe4), Enfusion (acquired by Clearwater Analytics), InvestCloud (acquired by Motive Partners) and WorldFirst (acquired by Ant Financial).  For more information, please visit www.ftvcapital.com and follow the firm on LinkedIn.

SOURCE Saphyre

Unmind Announces $35M In New Funding to Transform Workplace Mental Health

With TELUS Global Ventures-led funding, Unmind will provide proactive and reactive mental health solutions combined with AI and advanced data strategies to support organizational health, employee wellbeing, and business performance

NEW YORK and LONDON, July 31, 2025 — Unmind, a leading enterprise mental health platform, today announced an investment from TELUS Global Ventures, the investment arm of world-leading communications technology company TELUS, to help employees better access, navigate, and make full use of employer-provided mental health solutions. This is part of Unmind’s $35 million round of investment, which will support Unmind’s continued U.S. expansion, offering employees therapy, advanced wellbeing tools, science-backed content, and AI coaching in one seamless platform, ultimately building healthier, more productive workplaces globally.

“This new funding means we can accelerate our mission of unleashing human potential at work,” said Dr. Nick Taylor, CEO and co-founder of Unmind. “We’re excited to grow our impact and change the way companies approach mental health – blending expert care with smart technology to reach millions of people around the world.”

Unmind has raised $82 million to date. The funding, which includes additional support from existing investors Project A, Felix Capital, and Sapphire Ventures, will scale Unmind’s activities, reaching new markets, offering employees therapy and coaching, an AI-powered mental health agent, science-backed content, and a modern Employee Assistance Program (EAP) in one fully integrated platform. This includes Nova, Unmind’s generative AI-powered companion. Already used by leading global brands, Nova delivers personalized mental health guidance and support through targeted questions and practical advice.

“Our investment in Unmind represents a strategic alignment with TELUS’ leading global vision for the future of workplace mental health,” said Terry Doyle, Managing Partner at TELUS Global Ventures. “Unmind’s product-led approach, combined with their innovative use of AI and data analytics, positions them perfectly to address the growing demand for comprehensive mental health solutions in the workplace.”

Unmind Appoints New Chief Revenue Officer
As part of its next phase of growth, Unmind has appointed Laura Moniz de Aragao as Chief Revenue Officer. Laura joins from BetterUp, where she was RVP of Sales for Global Strategic Accounts, leading teams across the U.S. and EMEA to support some of the world’s largest organizations. At Unmind, she will lead global go-to-market strategy with a focus on accelerating U.S. expansion and deepening strategic partnerships.

About Unmind
Unmind is a workplace mental health platform helping organizations unlock the full potential of their people. Trusted by leading brands like Uber, Samsung, Disney, Standard Chartered, Diageo, and British Airways, Unmind supports over 2.5 million employees worldwide. Its science-backed, AI-powered platform brings together proactive tools, coaching, therapy, and expert insights to support mental health and high performance at every level. From strategic consulting and leadership development to a modern EAP and global network of coaches and therapists, Unmind delivers comprehensive mental health support for the whole organization.

For more information about Unmind’s workplace mental health platform, visit unmind.com.

SOURCE Unmind

Command Zero Raises $10M to Scale AI-Driven Cybersecurity, Earns Top Security Certification

Strategic investment from Okta Ventures, SE Ventures, and Crosspoint Capital reinforces the company’s position as the leader in autonomous cyber investigations.

AUSTIN, Texas, July 31, 2025Command Zero, the industry’s first autonomous and AI-assisted cyber investigation platform, today announced a $10 million strategic investment from leading cybersecurity and technology investors Okta Ventures, SE Ventures, and Crosspoint Capital. The company also achieved SOC 2 Type 2 compliance, demonstrating its unwavering commitment to the highest standards of security, availability, and confidentiality for enterprise customers.

Strengthening the Cyber Investigation Revolution

Command Zero’s platform combines encoded expert knowledge, advanced Large Language Models (LLMs), and intuitive interfaces to empower security analysts with unprecedented investigative capabilities. The solution addresses the critical shortage of skilled cybersecurity professionals by enabling tier-2 and tier-3 analysts to conduct faster, more accurate investigations across even the most complex enterprise environments. Command Zero customers also use the platform to standardize, document and accelerate tier-1 analysis.

“As an industry, we’re not facing a shortage of detections or data. We are facing restrictions in complex analysis in security operations,” said Dov Yoran, co-founder and CEO of Command Zero. “While automation has transformed detection and triaging, escalated cases still demand expert human analysis. This strategic investment validates our approach to bridging the expertise gap while maintaining the human intelligence essential for nuanced threat analysis. Combined with our SOC 2 Type 2 compliance, we’re positioned to serve the most demanding enterprise security requirements.”

Command Zero’s technology-agnostic approach enables analysts to conduct investigations across data sources in modern enterprises, dramatically reducing mean time to understand and respond to sophisticated threats. This capability is particularly crucial as organizations face increasingly complex attack vectors and regulatory compliance requirements.

Strategic Partnerships with Industry Leaders

The strategic investment brings together three complementary partners, each adding unique value to Command Zero’s growth trajectory:

Okta Ventures joined the investment, contributing their identity and access management expertise to support Command Zero’s enterprise security mission. “Identity security requires sophisticated investigation capabilities to understand and respond to complex attack patterns,” said Austin Arensberg, Vice President of Okta Ventures. “Command Zero’s platform enables security teams to conduct thorough investigations while maintaining the speed and precision required in today’s threat landscape, making it an ideal complement to comprehensive identity security strategies.”

SE Ventures, the venture fund backed by Schneider Electric invested, bringing their extensive industrial cybersecurity expertise and global enterprise customer base of Schneider Electric. “We recognize the transformative potential of technologies that enhance security operations across complex industrial environments,” said Amit Chaturvedy, Global Head & Managing Partner at SE Ventures. “Command Zero’s approach to democratizing expert-level investigation capabilities aligns perfectly with our vision of empowering organizations to defend against increasingly sophisticated cyber threats while maintaining operational excellence.”

Crosspoint Capital participated in the investment in connection with Command Zero’s selection as a top 10 finalist of the RSA Conference 2025 Innovation Sandbox. “Command Zero is addressing one of the most persistent challenges in cybersecurity operations – the investigation bottleneck that limits even the most well-funded security teams,” said Zach Sivertson with Crosspoint Capital. “Their unique combination of expert knowledge encoding, advanced AI, and human-centered design represents a fundamental breakthrough in how organizations can scale their security operations while maintaining investigative rigor.”

Achieving SOC 2 Type 2 Compliance

In addition to securing strategic investment, Command Zero has successfully achieved SOC 2 Type 2 compliance, following a comprehensive audit. The data security certification validates the company’s commitment to security, availability, and confidentiality. This milestone demonstrates Command Zero’s adherence to the most stringent industry standards for protecting sensitive customer data and maintaining operational excellence.

“Our customers’ security has been a top priority since day one. “Achieving SOC 2 Type 2 compliance represents more than regulatory adherence – it demonstrates our foundational commitment to security excellence,” said Dean De Beer, co-founder and CTO of Command Zero. “Our customers trust us with their most critical security investigations, and this compliance validates our ability to protect their data while delivering the investigative capabilities they need to defend against sophisticated threats.”

Transforming Security Operations at Scale

Command Zero’s platform addresses the fundamental challenge facing security operations teams: the inability to scale advanced investigative capabilities across all escalated security incidents. Traditional approaches rely on individual knowledge and manual processes, creating bottlenecks that limit organizational security effectiveness.

The platform’s innovative approach combines several breakthrough capabilities:

  • Expert Knowledge Encoding: Decades of incident response and threat hunting expertise embedded directly into investigative workflows
  • AI-Assisted Analysis: Advanced LLMs that augment human investigators while preserving critical analytical thinking
  • Technology-Agnostic Querying: Unified investigation capabilities across enterprise data sources
  • Automated Reporting: Comprehensive documentation and timeline generation for compliance and knowledge retention

These capabilities enable security teams to conduct thorough investigations without requiring technology-specific expertise, dramatically reducing training requirements while improving investigation quality and consistency.

About Command Zero

Command Zero is the industry’s first autonomous and AI-assisted cyber investigation platform, built to transform security operations in complex enterprise environments. The platform reduces the need for technology-specific expertise for tier-2, tier-3 analysts, incident responders, and threat hunters. Command Zero enables all users to perform at the highest level by ensuring consistent, repeatable, auditable investigations with automated reporting.

Command Zero is a passionate group of accomplished cyber experts focused on revolutionizing cyber investigations. The co-founders have led seven successful cybersecurity acquisitions to date including exits to Symantec, McAfee, Sourcefire, Cisco, and IBM. Headquartered in Austin, TX with presence in Calgary, Alberta, Canada, the company has seasoned employees across the US and Canada.

Learn more at https://www.cmdzero.io/ and follow the Command Zero LinkedIn page.

About Okta Ventures

Okta Ventures is the venture investment arm of Okta, investing in companies developing innovative identity and security solutions. Okta Ventures focuses on modern identity technologies that address identity, privacy, and security use cases across the enterprise ecosystem. For more information, please visit: www.okta.com/okta-ventures

About SE Ventures

SE Ventures is a $1B+ venture capital firm based in Menlo Park. A team of specialist investors and operators, SE Ventures backs bold entrepreneurs in Industrial & Climate Tech and drives commercial acceleration for portfolio startups by tapping into the deep domain expertise and global customer base of its LP, Schneider Electric. For more information, visit: www.seventures.com

About Crosspoint Capital

Crosspoint Capital is an investment firm focused on the cybersecurity, privacy, and infrastructure software markets. Crosspoint Capital has assembled a group of highly successful operators, investors, and sector experts to partner with foundational technology companies and drive differentiated returns. Crosspoint Capital has offices in Menlo Park, CA and Boston, MA. For more information, visit: www.crosspointcapital.com.

Contact

Erdem Menges

VP of Product Marketing

Command Zero

[email protected]

SOURCE Command Zero