Strategic Funding Round Was Led by Haun Ventures as the Company Seeks to Revolutionize Consumer Engagement and Drive Innovation in the Multi-Trillion Dollar Gift Card Industry

MIAMI, Feb. 26, 2025 — Raise, a leader in the global gift market and pioneer in blockchain-powered payments and loyalty, today announced the successful close of a $63 million funding round. Led by Haun Ventures, the round included participation from Amber Group, Anagram, Blackpine, Borderless Capital, GSR, Karatage, Paper Ventures, Pharsalus Capital, Selini Capital, Sonic Boom Ventures, the Web3 Foundation, and notable angels Tekin Salimi, Raj Gokal, Teddy Gorisse among others. This latest round brings Raise’s total funding to over $220 million, building on prior investments from Accel, Paypal, and New Enterprise Associates (NEA). 

“Raise has redefined how consumers interact with and value gift cards – it’s about loyalty and share of wallet, not just gift-giving,” said George Bousis, Founder and CEO of Raise. “For over a decade, we’ve invested tens of millions of dollars in bringing gift cards and loyalty programs on-chain. Now, we’re making a nin-figure commitment over the next several years to fully realize this vision. Having been involved in blockchain and crypto since its early days, we waited for the right regulatory framework and the technological maturity to support a fully reconfigured, on-chain gift card industry. That time is now – the barriers that once existed are no longer obstacles.”

Raise will use the funding to further develop its proprietary blockchain-backed gift card program, Smart Cards, and expand the Retail Alliance Foundation, its non-profit coalition dedicated to uniting global retailers and brands to create a more secure, interoperable, and fraud-resistant gift card network. Raise has seeded the Alliance and the Raise blockchain network with its intellectual property in partnership with BFG Labs, a wholly owned subsidiary of Raise Holdings Ltd. Raise’s mission is to redefine gift cards as a secure, fully programable retail currency that strengthen trust and fosters deeper engagement between brands and their customers.

Diogo Monica, General Partner at Haun Ventures, commented, “Raise is seizing a massive, outdated market with the right mix of experience, infrastructure, and blockchain expertise. With deep industry ties and a real plan for adoption, this isn’t just a bet on the future of gift cards—it’s an investment in a proven team solving a trillion-dollar problem.”

Raise’s blockchain initiatives kicked off earlier this year with the upcoming integration of DOT Wallet through a partnership with the Polkadot Community Foundation, enabling seamless transactions within their application. Additionally, Raise partnered with WalletConnect to integrate the Raise app with leading digital wallets like Coinbase, MetaMask, Phantom, Trust, and other prominent ecosystems, which will be announced soon. Raise is rapidly expanding its B2B partnerships, engaging with major financial institutions and loyalty programs, including  Citi Bank and BILT Rewards.

In conjunction with the funding round, Raise has also announced the appointment of a new Board of Directors featuring former CLO at Kraken and former President of Blockchain.com, Marco Santori, former co-founder and CEO of Honey, George Ruan, former founder and CEO of GrubHub, Matt Maloney, and Bjorn Wagner, CEO of Parity Technologies. With their expertise and support, Raise is well-positioned to execute its mission to redefine the future of gift cards and drive innovation in consumer loyalty.

With global sales projected to exceed $2.3 trillion by 2030, gift cards have evolved beyond simple transactional tools to become an integral component of the modern retail ecosystem. Since its founding, Raise has facilitated over $5 billion in transactions for its nearly 7 million users and 1,000+ retail partnerships, consistently driving innovation in the industry. The introduction of blockchain-powered gift cards marks the culmination of over a decade of work to reshape how consumers value, use and trust gift cards. 

For more information, please visit: https://www.raise.com/

About Raise
Raise, a renowned pioneer in the gift card industry, has been at the forefront of innovation since its inception in 2013. The company has facilitated over $5 billion in transactions through its Raise consumer app, exchange (GCX), and B2B (Raise for Business) operations. With over 1,000+ brand partnerships, Raise offers activation and real-time redemption capabilities across a network of over one million stores, websites, and applications. For more information, please visit https://www.raise.com/.

About the Retail Alliance Foundation
The Retail Alliance Foundation is a non-profit coalition committed to revolutionizing the global loyalty economy. The Retail Alliance Foundation strives to create a secure, innovative, and inclusive gift card ecosystem by promoting transparency, advancing technology, and uniting industry stakeholders. Guided by industry leaders, we provide critical funding and resources to initiatives that empower stakeholders and ensure the long-term sustainability of the global gift card industry. Through collaboration and community-driven governance, we’re setting new standards for loyalty while promoting happiness and trust.

For media inquiries, please contact:

[email protected]

SOURCE Raise

Vayu’s proprietary data metering technology processes tens of millions of events daily, empowering B2B companies to easily transition from usage-based pricing only to hyper-dynamic pricing, taking into account unlimited variables. Clients experience 75% faster time-to-bill, 80% faster reporting, 65% faster revenue visibility, and many other benefits.

TEL AVIV, Israel, Feb. 26, 2025 — Vayu, the platform transforming billing and revenue management for B2B tech companies, has raised $7 million in seed funding round co-led by Flint Capital and The Garage, with participation from previous investors Fresh.Fund, Secret Chord Ventures, and angel investors including former Melio and Softbank executives. This funding will accelerate the development of Vayu’s platform and expand its reach into the global markets.

As B2B companies embrace complex pricing structures in the GenAI and API-driven era, traditional billing systems struggle to keep pace. Hybrid pricing models – blending usage-based, subscription tiers, and outcome-based pricing – are now the norm, with 46% of SaaS companies adopting them. By 2027, Gartner predicts 75% of application providers will revamp pricing models to support API-based consumption, up from 25% today. Yet, many companies report challenges balancing simplicity and predictability, turning revenue management into a critical bottleneck that slows growth and erodes efficiency.

Vayu, founded by fintech and data veterans Erez Agmon, Shenhav Avidar, and Shai Gross who bring experience from PayPal, Melio, and WSC Sports, combines deep expertise in data, finance, and enterprise software to redefine what’s possible for revenue management. Vayu’s no-code platform automates billing, aligns pricing with value, and provides real-time revenue insights. Its proprietary data metering technology processes tens of millions of events daily, converting raw data into precise, real-time billing rules. Already trusted by a rapidly expanding client base and leading organizations such as Au10tix, Mesh Payments, and Vi, Vayu enables businesses to eliminate inefficiencies that slow growth.

“Pricing in today’s GenAI-driven economy must go beyond just consumption or tiers to reflect relationships and outcomes,” said Erez Agmon, CEO and Co-Founder at Vayu. “In a reality where pricing models have countless variations and each contract has its unique fingerprint, finance teams need full control of their revenue processes. At Vayu, we enable them to adopt any pricing model, launch new offerings, and seamlessly iterate on pricing—without relying on engineering resources.”

“We’re seeing a growing demand for smarter, more flexible billing and end-to-end revenue solutions that can keep up with the rapid advancements in AI and data,” said Yoram Tietz, former EY Managing Partner and advisor to General Atlantic, now a member of Vayu’s board. “Vayu is addressing this need with a fresh approach to pricing as a key part of billing and revenue management. Their solution not only meets today’s challenges but also sets a new standard for how businesses manage revenue moving forward”.

David Feldman, Principal at Flint Capital, added, “At Flint Capital, we’re thrilled to support Vayu’s visionary team, which harnessed their domain expertise to create a transformative platform that stands apart in the billing and revenue management industry. By enabling businesses to seamlessly manage flexible contracts and automate the cumbersome billing processes, Vayu provides finance teams with the tools they need to scale efficiently without technical constraints.”

“Vayu enables the pricing flexibility we need, as our products require multi-layered pricing methods, from annual commitments to usage-based models,” said Erez Hershkowitz,CFO at Au10tix. “We chose Vayu because it combines financial expertise with the agility to address our specific challenges quickly, and its no-code automation eliminates the need to allocate engineering resources.”

About Vayu
Vayu is a cutting-edge platform transforming billing and revenue management for B2B companies. Its mission is to empower finance teams with unparalleled autonomy, enabling them to streamline operations and maximize revenue potential efficiently. Bridging the gap between finance, product, and R&D teams, Vayu enhances collaboration and operational efficiency across departments. With innovative solutions that adapt to usage-based and dynamic pricing models, our solution helps companies not only keep pace with market changes but stay ahead of them.

For more information go to: www.withvayu.com

Press contact:
Joel Strauss
Strauss Communications
[email protected]

SOURCE Vayu

SINGAPORE, Feb. 26, 2025 — Zoth, the first of its kind restaking layer for RWAFi, is set to open ZeUSD, its fully RWA-backed stable token, to the public on March 1.

This milestone follows ZeUSD’s remarkable success in beta, where it has already surpassed $27M Total Value Locked (TVL), demonstrating strong institutional and community confidence in its stability and utility.

ZeUSD is designed to be a fully composable, RWA-backed Collateralised Debt Position (CDP) stable token issued on top of high-quality liquid on-chain or off-chain RWAs like U.S. T-BIlls, ETFs, MMFs, Reverse Repos, etc.

Institutional Backing & Rapid Growth

Since launching in beta, ZeUSD has gained traction among institutional players and liquidity providers, contributing to its rapid TVL growth. Following this momentum, Zoth also ran an exclusive campaign where a select group of users was whitelisted for early access to ZeUSD, generating significant interest and further contributing to the TVL. ZeUSD saw strong traction from Top DeFi liquid funds, crypto whales, hedge funds, TradFi institutions and retail

Stablecoins are the fastest-growing sector in crypto, and ZeUSD is a pioneering concept in the re-staked RWA-backed stablecoin space.

This success reflects a broader shift toward regulated and asset-backed stablecoins as investors seek more secure alternatives in the evolving digital asset landscape.

“ZeUSD’s early adoption signals a new era of stability and trust in on-chain finance,” said Pritam Dutta, Founder at Zoth. “With $180M the pipeline from institutional DeFi and TradFi players, we are poised to accelerate ZeUSD’s growth and establish it as a cornerstone in the evolving stablecoin landscape.”

“Zoth is bridging the gap between TradFi and DeFi in a way that’s truly impactful, and we at Blockchain Founders Fund are excited to support their journey. ZeUSD’s rapid growth shows the strong demand for asset-backed stablecoins.” – Aly Madhavji, Managing Partner at Blockchain Founders Fund

Public Launch & Future Roadmap

With the March 1st public rollout, ZeUSD will be accessible to a broader audience, allowing users to mint, trade, and utilize it seamlessly.

“The overwhelming response during our beta phase reaffirms the market’s need for a transparent, asset-backed stablecoin that provides real utility,” said Koushik Bhargav, Co-founder of Zoth. “ZeUSD is designed to be a cornerstone of on-chain financial infrastructure, and we are excited to open it to the public, empowering more users and institutions with a reliable digital asset.”

As Zoth continues to expand its ecosystem, further integrations, partnerships, and utility enhancements for ZeUSD are already in motion, including off-chain RWA collateralization. This game-changing approach could accelerate the growth of the stablecoin market. With key industry players already taking notice, Zoth is actively working on bridging off-chain assets with on-chain liquidity, paving the way for trillions of dollars worth of stable RWAs to be brought on-chain in the near future.

This launch marks a pivotal moment in Zoth’s journey as it accelerates its vision of making real-world assets more accessible and efficient through blockchain technology.

For more details on ZeUSD and its upcoming integrations, visit zoth.io or follow @zothdotio.

About Zoth

Zoth is building the first re-staking layer for the RWAFi ecosystem, blending the scalability of TradFi with the innovation of DeFi. Zoth creates a permissionless layer for on-chain and off-chain RWAs, enhancing access and DeFi utility.

Media Contact:
Rushvi Sharma
+91 9886656033
[email protected]

SOURCE Zoth

Musubi keeps online platforms safe with revolutionary trust & safety AI

SANTA BARBARA, Calif., Feb. 26, 2025 — Musubi, a pioneering artificial intelligence platform transforming Trust & Safety through adaptive AI content moderation, today announced it has raised $5 million in an oversubscribed seed round. The funding was led by J2 Ventures with participation from Shakti Ventures, Mozilla Ventures, and existing pre-seed investor, J Ventures. Founded by the former CTO of Grindr and OkCupid, Musubi is set to revolutionize the Trust & Safety landscape with its innovative approach.

Global online platforms are facing unprecedented threats from sophisticated AI-powered bots, fake content, misinformation, and scams. Human moderation can’t keep pace, and existing solutions are increasingly circumvented by bad actors using AI offensively. With victims of online scams losing over $100 billion globally, new defenses are urgently needed. Musubi’s first-of-its-kind Trust & Safety AI autonomously learns from and works alongside moderators, delivering better-than-human performance with unlimited scalability.

“We’re at a pivotal moment where online safety has never been more essential. While bad actors grow increasingly sophisticated, we now have groundbreaking technology that surpasses what was previously possible. It’s a transformative time for everyone in the industry,” says Tom Quisel, CEO and co-founder.

The company’s technology applies advanced AI and machine learning techniques, including large language models (LLMs) and generative AI, to understand complex behavioral signals and content patterns. This allows Musubi to proactively identify and mitigate a wide range of issues, including spam, scams, fraud, hate speech, harassment, and age-inappropriate content.

“I like that Musubi accurately detects fake and scam accounts in moments,” says Aaron Rodericks, Head of Trust & Safety at BlueSky, one of Musubi’s early adopters.

Currently protecting over 45 million users, Musubi has already secured partnerships with industry leaders in the dating, social media, and marketplace sectors. The company has experienced rapid growth, quintupling its Annual Recurring Revenue (ARR) in the last quarter alone. Its underlying multi-modal AI system can be leveraged by any trust & safety or fraud team as a security layer to automatically detect users likely to cause harm.

“With ever-increasing threats and harm online, it’s more important than ever for the public and private sector to solve this problem together. We’re excited to partner with the world-class team at Musubi to set new benchmarks for online safety,” J2 Managing Partner and Co-founder, Alexander Harstrick.

The new funding will be used to expand Musubi into new verticals and bring the latest AI research to market as Trust & Safety solutions. For more information about Musubi and its AI-powered content moderation solutions, please visit www.musubilabs.ai.

About Musubi
Musubi, a pioneering artificial intelligence platform transforming Trust & Safety through adaptive AI content moderation, founded by industry veterans with experience from Grindr and OKCupid. The company’s AiMod solution provides a holistic, AI-driven approach to content moderation that outperforms traditional methods in speed, accuracy, and cost-effectiveness. Musubi is committed to making the internet safer for everyone by leveraging cutting-edge AI technology to combat evolving online threats.

About J2 Ventures
J2 Ventures is a deep-tech venture capital firm based in Boston, investing in sectors critical to national security and private sector advancements, including advanced computing, cybersecurity, telecom and infrastructure, and healthcare. For more information about J2 Ventures and their initiatives, please visit https://www.j2vp.com/.

SOURCE Musubi

MUNICH, Feb. 26, 2025 — ONVY HealthTech Group GmbH, a Munich-based pioneer in AI-driven precision health, has successfully raised over $2 million in a seed extension financing round. The round was led by Voloridge Health, LLC an affiliate of Voloridge Investment Management, LLC a quantitative hedge fund manager renowned for its use of data science and predictive modeling to develop sophisticated systematic investment strategies. This investment will accelerate ONVY’s expansion as it scales its AI-driven health coaching platform to power hyper-personalized health engagement at scale. 

Redefining Health with AI-Driven Personalization 

The health and wellness industry is shifting towards data-driven personalization, yet it remains fragmented, reactive, and heavily siloed, limiting user engagement and long-term health impact. ONVY is closing this gap by delivering an AI-powered platform that processes and interprets biometric and behavioral data in real time, guiding users towards better health decisions through instant, tailored recommendations. 

Adrian Kochsiek, Founder & CEO of ONVY, states: 

“The future of health is real-time, hyper-personalized, and AI-driven. Yet, the industry still relies on outdated, delayed, and one-size-fits-all approaches. At ONVY, we are changing that. Our platform transforms raw health data into instant, tailored guidance—empowering users to take action when it matters most. With this investment, we are scaling AI-driven precision health to revolutionize how individuals and businesses engage with well-being.” 

The AI Health Coach: Real-Time, Personalized Health Optimization 

ONVY’s AI Health Coach App seamlessly integrates with wearable devices, environmental data, health sensors, and behavioral data to provide instant insights that empower users to take control of their health. By continuously analyzing activity levels, sleep patterns, nutrition insights, stress markers, and lifestyle habits, ONVY delivers: 

• AI-driven health recommendations tailored to individual physiology and lifestyle.
• Instant feedback on health metrics, enabling real-time behavior adjustments.
• Long-term behavioral optimization, helping users sustain healthier habits effortlessly.

 Scaling ONVY to Meet Surging Market Demand 

With rising B2B demand, ONVY is expanding its AI-driven platform to support partners in wellness, longevity, and insurance. The new funding will accelerate: 

• Advancing AI Health Coaching capabilities with deeper data integrations and enhanced predictive analytics to offer more intelligent and automated health insights.
• Scaling AI-as-a-Service and Prevention-as-a-Service solutions, empowering corporate partners to enhance customer engagement, retention, and health outcomes through custom-built AI health solutions.
• Expanding API capabilities to integrate with 500+ health data sources, creating a seamless health intelligence ecosystem.

A Strategic Investment in the Future of AI-Driven Health 

David Vogel, Co-Founder of Voloridge Health, comments: 

“AI is revolutionizing healthcare, and ONVY is at the forefront of this transformation with its cutting-edge approach to real-time health intelligence. By seamlessly bridging the gap between raw health data and real-world action, ONVY is shaping the future of precision health, setting a new benchmark for proactive, personalized health coaching. Their ability to turn complex biometric and behavioral data into meaningful, actionable insights enhances both individual well-being and corporate health strategies, delivering measurable outcomes for businesses and consumers alike. We are excited to support their journey as they scale.” 

About ONVY HealthTech Group 

ONVY is a Munich-based innovator in AI-powered health technology. The company’s AI Health Coach and enterprise solutions leverage biomonitoring, behavioral data, and predictive analytics to deliver hyper-personalized health recommendations and real-time wellness insights. ONVY is redefining digital health engagement by making precision health accessible, actionable, and scalable. 

About Voloridge Health. LLC 

Voloridge Health is harnessing the power of data science to transform the future of healthcare by leveraging predictive analytics in the marketplace. Its mission is to empower individuals and organizations to transform health with data-driven insights, enabling longer, healthier lives.  As pioneers who have successfully navigated the complexities of financial markets through its affiliate Voloridge Investment Management, LLC Voloridge Health is extending its expertise to revolutionize health assessments and outcomes by developing advanced predictive modeling-based tools and software to allow individuals and businesses to gain deeper insights and to make more informed decisions.  To achieve its mission Voloridge Health will also pursue strategic investments in pioneering health technologies and innovative companies with a shared vision.
www.voloridge.com/health 

Onvy Press Contact: 

Anna Neubert
[email protected]
www.onvy.health
ONVY HealthTech Group GmbH
Schlossstrasse 19, 82031 Gruenwald, Germany 

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Backed by B Capital, First Round Capital, The 81 Collection, Imaginary Ventures, and BoxGroup to accelerate product development and expand its partnership ecosystem

CHICAGO, Feb. 25, 2025 — Goose, a technology company developing the next-generation operating system for pet care providers, today announced it has raised $13.4 million in seed funding backed by B Capital, First Round Capital, The 81 Collection, Imaginary Ventures, and BoxGroup. The funding will accelerate Goose’s product development, expand its partnership ecosystem, and support growing demand as the company continues to enhance its enterprise-ready platform to address the complex needs of sophisticated pet care providers. The pet care industry is projected to reach $280 billion by 2030, nearly double from 2019 estimates.

Goose launched its full operating system in September 2023 and has reimagined pet care software around customer convenience and operational efficiency by offering providers:

• Real-Time E-commerce: A 24/7 sales engine instantly confirms bookings, manages deposits, and drives additional upselling.
• Revenue Management Tools: Dynamic pricing based on occupancy, automated fees, and streamlined deposit and cancellation policies.
• Unified Workflows: An integrated system managing customers’ entire visit rather than individual services—boosting operational efficiency.
• Advanced Analytics and Insights: Comprehensive reporting suite empowers better decision-making and improved facility utilization.

Founders Drew Brinkoetter and Chris Tilson have a combined 31 years in the pet services industry, with each having operated successful pet services businesses across the U.S. Tilson also previously founded Petbookings.com. Goose has rapidly released new solutions—most recently a grooming module—with upcoming plans to add training and retail functionality.

“Goose is transforming how pet care facilities can operate and engage with customers,” said Brinkoetter, who also serves as CEO. “Our real-time booking engine and streamlined workflows designed for multi-service facilities empower providers to deliver exceptional customer experiences while running their businesses exactly how they want. With this funding, we can continue to enhance our pet care platform to further improve the customer experience and strengthen the pet owner-provider relationship.”

“After years of running our own facilities, we saw firsthand how outdated software was holding the industry back,” said Tilson, who also serves as Chief Customer Officer. “In just a few years, we’ve built a unified operating system that integrates boarding, daycare, grooming, training, and retail, helping providers scale without compromising service quality. This investment is a testament to all that we’ve accomplished so far and the opportunities that lie ahead. We are proud to have partners who share our long-term vision.”

“Drew and Chris bring unparalleled expertise in the pet industry to Goose, developing a platform that meets the needs of today’s pet owners and service providers while anticipating future trends in this dynamic, growing market,” said Karen Page, General Partner at B Capital. “We’re thrilled to partner with this experienced team to accelerate Goose’s growth and redefine how technology transforms the pet care ecosystem.”

“Goose’s unique blend of insider knowledge and digital-native thinking compelled us to invest,” said Vijen Patel, Managing Partner at The 81 Collection. “Drew and Chris have spent years living the industry’s pain points. We believe the next wave of innovation will come from industry operators, and Drew and Chris are exactly that. They are bringing best-in-class solutions for the under-served, hard-working pet-care operator.”

For more information about Goose and its innovative solutions, visit www.goose.pet.

About Goose

Goose is a technology company dedicated to transforming the pet services industry through real-time e-commerce and scalable operations. Founded by industry veterans, Goose provides pet care facilities with the tools they need to attract more customers, streamline operations, and unlock revenue potential.

About B Capital

B Capital is a multi-stage global investment firm that partners with extraordinary entrepreneurs to shape the future through technology. With more than $7 billion in assets under management across multiple funds, the firm focuses on seed to late-stage venture growth investments, primarily in the Technology, Healthcare, and Climate sectors. Founded in 2015, B Capital leverages an integrated team across nine locations in the U.S. and Asia, as well as a strategic partnership with BCG, to provide the value-added support entrepreneurs need to scale fast and efficiently, expand into new markets and build exceptional companies. For more information, click here.

About First Round Capital

First Round is a venture capital firm that works with founders exclusively at the earliest stages of company building, often when all they have is an “imagine if.” We fill in where we can until the team is filled out, tackling crucial early hiring and equipping those who are great at building product with the skills to sell it, too. By getting the foundational firsts right, we increase the odds of finding extreme product-market fit. Our founders’ “imagine ifs” have turned into companies like Notion, Roblox, Uber, and Square. For more information, click here.

About The 81 Collection

The 81 Collection is an early-stage investment firm focused on “boring” industries often overlooked by traditional venture capital. Backed by 80+ founders who built businesses within the 81% of GDP underrepresented in venture funding, the firm is led by the former CEO of Tide Cleaners. With a focus on early-stage investments in sectors such as manufacturing, supply chain, and essential services, The 81 Collection partners with visionary entrepreneurs solving tough, real-world problems. By leveraging deep operational expertise and an extensive partner network, the firm helps founders scale efficiently, expand into new markets, and build sustainable businesses that support communities and strengthen America’s core workforce. For more information, click here.

Contact:
Matthew Parry
Head of Marketing
[email protected]
949-525-0213

SOURCE Goose

Latest Deal Highlighting Elevation Point’s Transparent Minority Stake Partnership Model Comes Weeks After Firm’s Strategic Investment in Michigan-based Stonebrook Private

MINNEAPOLIS, Feb. 25, 2025 — Elevation Point, a growth accelerator and minority stake partner for independent advisors and breakaway firms, announced today that it has made a strategic investment in Triton Wealth, a Registered Investment Adviser (RIA) based in Aitkin, Minnesota. Triton Wealth serves business owners, successful professionals, and retirees ranging from high-net-worth to mass affluent clients.

“Triton Wealth’s steadfast commitment to a fiduciary, client-first standard of care and to building deep, lasting, generational relationships, coupled with its mission to support, educate, and guide, aligns closely with the core values we emphasize at Elevation Point—partnership, enhancing the client experience, and elevating the industry,” said Jim Dickson, founding partner and CEO of Elevation Point. “This partnership highlights the continued momentum of our minority stake partnership model, which is designed to align interests and provide tailored support for firms seeking growth.”

Founded by Michael J. Ryan, AIF^® and Wesley T. Hoppe, AIF^®, Triton Wealth, with over $225 million in assets under management (AUM), specializes in designing custom strategies for retirement planning, investment and risk management, business succession, and wealth transfer, to help clients achieve financial confidence in retirement and beyond.

“Triton Wealth is an ideal partner for Elevation Point, and we’re confident they will play a key role in strengthening our presence in Minnesota,” said Brad Smithy, founding partner and head of wealth management at Elevation Point. “We look forward to working closely with Michael, Wesley, and the team as they continue to serve their clients and expand their business.”

“After evaluating multiple partnership options, Elevation Point stood out for its minority stake partnership model designed to align interests and enhance the client experience,” added Michael J. Ryan, AIF^®, founding partner and wealth advisor at Triton Wealth. “We believe their advanced technology, comprehensive resources, and industry expertise can help us accelerate our growth—while better serving and adding value for our clients.”

This deal announcement follows closely on the heels of Elevation Point’s first deal of 2025—a strategic minority stake in Stonebrook Private, a fee-only, fiduciary advisory firm based in Northville, Michigan, with over $750 million in AUM.

Schedule a growth consultation with Elevation Point at https://elevationpoint.com/consultation.

About Elevation Point
Elevation Point is a wealth management firm focused on bringing together industry-leading independent advisors through minority stake partnerships with RIAs and breakaway advisors transitioning to independence. Elevation Point Wealth Partners, LLC, an SEC-registered investment adviser and a wholly owned subsidiary of Elevation Point, LLC, is a core component of our commitment to delivering dynamic OCIO solutions, personalized playbooks, and customized full-spectrum support to advisors. Distinguishing ourselves as accelerators in a landscape of aggregators, we’re powering a nationwide community of emerging industry leaders, overseeing more than $3.4 billion in assets under management. With a focus on advisor values and evolving client needs, our mission is clear: to elevate the entire industry to higher ground.

For more information, please visit elevationpoint.com, and for the latest updates, follow Elevation Point on LinkedIn.

Disclosures:
As of September 30, 2024, Elevation Point, LLC, through its wholly owned subsidiaries, Elevation Point Wealth Partners, LLC, and Princeton Fund Advisors, LLC, reported managing $2,594,997,974 and $883,807,051 in assets under management (AUM), respectively, for a combined total of $3,478,805,025.

Additionally, Triton Wealth reported $226,268,606.55 in AUM as of February 12, 2025, based on custodian records from the following sources:

• Schwab – $146,847,482.25(as of 2/12/25)
• T. Rowe Price – $59,771,427.38 (as of 12/31/24)
• Principal – $10,365,748.76 (as of 12/31/24)
• Stonebridge – $4,457,676.30 (as of 12/31/24)
• Lincoln Financial Group – $1,348,830.83 (as of 1/17/25)
• American Funds – $2,319,152.33 (as of 1/10/25)
• Aspire 403(b) – $767,006.30 (as of 1/22/25)
• Jackson – $391,282.40 (as of 1/27/25)

All AUM figures for Elevation Point, LLC, and Triton Wealth are derived exclusively from custodian records as of the dates listed above. These figures are subject to market fluctuations, account closures, and other adjustments. The AUM figures have not been independently audited or verified.

Media Contact
Melinda Brodbeck
JConnelly
[email protected]
973-865-5454

SOURCE Elevation Point

TEL AVIV, Israel, Feb. 25, 2025 — Quantum Machines (QM), a leading provider of advanced quantum control solutions, today announced it has raised $170 million in Series C funding, bringing the company’s total funding to date to $280 million. The investment comes as the majority of quantum computing companies now rely on QM’s technology to build and scale their systems. The highly oversubscribed round was led by PSG Equity with participation from Intel Capital, Red Dot Capital Partners and existing investors, and marks one of the largest rounds of funding in the quantum industry.

2024 has marked a watershed moment in quantum computing, with breakthrough achievements across the industry laying down fundamental building blocks: Google’s Willow chip demonstrated a strong performance enhancement at the hardware level, multiple companies joined IBM in surpassing 1,000 qubits, and researchers, led by Google’s groundbreaking demonstration, made great strides in quantum error correction implementation. Amid this wave of innovation, Quantum Machines is at the forefront of enabling many of the industry’s most significant advancements and will leverage this funding to help drive the development of quantum computers with tens of thousands of qubits.

“The quantum computing ecosystem has opened up and there are now hundreds of teams worldwide advancing the bleeding edge in parallel, with breakthroughs emerging at an unprecedented pace,” said Dr. Itamar Sivan, co-founder and CEO of Quantum Machines. “Significant adoption of quantum computers is around the corner. Quantum is one of the biggest, most important technological races of our generation. It’s a no-lose game, and we are deeply honored to work with the leaders in this field, delivering the core infrastructure to make this possible.”

Quantum Machines’ hybrid control technology enables seamless execution of some of the most demanding computational requirements across all types of quantum computers. This versatility has driven its rapid adoption by a majority of quantum computing companies worldwide. Quantum Machines’ collaboration on NVIDIA DGX Quantum, combining accelerated computing with real-time quantum control, further shortens the timeline from breakthrough to practical quantum computers.

“Turning a quantum processor into a functional quantum computer is an immense technical challenge,” said Dr. Yonatan Cohen, co-founder and CTO of Quantum Machines. “You need to precisely control the quantum system, process huge amounts of data in real time, and orchestrate complex algorithms across quantum and classical processors. Our platform uniquely integrates all these capabilities, enabling teams to rapidly go from innovations in their laboratories to deployment in data centers.”

“The quantum computing industry is reaching an inflection point,” said Rotem Shacham, Director at PSG Equity. “We believe that QM has established itself as the ‘go-to’ solution that leading quantum companies rely on to build and scale quantum computers. As the quantum computing market continues to grow at an accelerated pace this decade, QM’s leading market position and ability to work with multiple quantum technologies uniquely position them to expand their leadership. We are excited to lead this funding round and back QM in its next stage of growth.”

“This significant investment is a testament to the strength of our business model and growth trajectory,” said Nir Ackerman, CFO at Quantum Machines. “With this funding, we believe that we are well-positioned to accelerate our expansion, drive innovation, and create long-term value for our stakeholders. We are excited to build on this momentum and execute on our vision with the support of our investors.”

Media Contact:
Lazer Cohen
[email protected]

SOURCE Quantum Machines

The Fund Now Offers Out-of-Home Platform Access to its Portfolio

REDWOOD CITY, Calif., Feb. 25, 2025 — Atmosphere TV, a video entertainment platform, has committed media inventory to Mercurius Media Capital (MMC), a ~$90Mn U.S.-based media-for-equity fund. This partnership allows MMC’s portfolio companies to utilize Atmosphere’s media inventory across 30+ TV channels to boost brand awareness.

Atmosphere’s premium entertainment platform is tailored for high-traffic environments such as restaurants, bars, gyms, airports, medical centers, and auto shops. With programming designed to reimagine TV viewership outside of the living room, Atmosphere reaches more than 160 million monthly viewers.

“Atmosphere is redefining how advertisers convert television viewership outside of the living room into meaningful brand engagement,” said Piyush Puri, Founding Partner of MMC. “This strategic partnership provides access to a substantial and engaged audience, comparable in size to the viewership of established streaming services like Netflix, Disney+ and Hulu, complementing existing media strategies and driving brand awareness.”

Through media partnerships with entertainment platforms like Atmosphere, MMC provides a powerful platform for its portfolio companies to expand their reach and drive growth. Atmosphere is viewed in 60,000 venues globally, attracting 10 million viewers daily. Industries such as travel, household goods, retail, insurance, and consumer-packaged goods have seen significant increases in brand awareness, website traffic, sales, and in-store visits.

“Atmosphere is excited to partner with MMC and open our premium inventory and viewership to their suite of offerings for investment. MMC has institutionalized a novel investment approach within media, and we are thrilled to partner with the team to invest in amazing companies and activate our network to drive value for the MMC portfolio,” said Blake Sabatinelli, CEO of Atmosphere.

The media capital model has fueled over 1,000 startups, including Uber, Coursera, and Airbnb.

About Mercurius Media Capital

Mercurius Media Capital (MMC), launched in December 2023, is the first U.S.-based media-for-equity venture fund with ~$90 million in committed capital. Co-founded by Satyan Gajwani and Piyush Puri, MMC builds on over 15 years of experience driving media capital transactions at The Times of India Group, facilitating over $3 billion in media-based investments. MMC has partnered with leading media platforms, including Sinclair Broadcast Group, Televisa Univision, Atmosphere TV, and others to offer high-growth startups and enterprises access to distinct, large-scale advertising inventory in exchange for equity. This fund has backed several companies, including Deskera, RVnGo, Captain Experiences, Airtasker and Edly. For more information, www.mmc.us.

About Atmosphere

Atmosphere is a premium CTV FAST platform that made it entertaining to watch TV everywhere. Atmosphere is tailored exclusively to businesses, offering more than 30 original and partner TV channels focused on sports, news, and entertainment. Atmosphere has been named to Deloitte’s 2023 Technology Fast 500, Fast Company’s 2022 Most Innovative Companies, and Forbes’ Next Billion Dollar Startups lists The platform is designed to engage viewers in non-residential spaces, providing marketers with unique audience reach and moments of attention. For more information, www.atmosphere.tv.

Media Contact
Interdependence PR
Angelic Venegas, Account Director
[email protected]
(847) 997-5601

SOURCE Mercurius Media Capital