Category Archives: Deals

Leonard Green & Partners Announces Inaugural Sage Equity Investors at over $3.6 Billion of Commitments

One of the largest first-time funds of its kind as well as the largest dedicated private equity GP-led secondary platform in North America. Fundraise significantly exceeds its $1.5 billion target and marks a major expansion into single-asset continuation fund investing.

LOS ANGELES, Jan. 26, 2026 — Leonard Green & Partners, L.P. (“LGP”) announced today the final closing of Sage Equity Investors and its related entities (“Sage I”), its inaugural investment program dedicated to investing primarily in single-asset continuation funds sponsored by third-party private equity managers.

Sage I closed with over $3.6 billion of total commitments, significantly exceeding its initial target of $1.5 billion, including a meaningful commitment from LGP’s partners.

“Sage represents a natural extension of LGP’s long history of investing in high-quality businesses and partnering with exceptional sponsors and management teams,” said Jonathan Sokoloff, Managing Partner of LGP. “We believe the successful launch of Sage reflects both the strength of our platform and the compelling opportunity we see in this rapidly evolving segment of the private markets.”

Sage was established to capitalize on the continued growth of the continuation fund market, seeking to provide flexible, long-term capital solutions for high-quality assets while partnering with experienced sponsors and management teams.

“The single-asset continuation fund market continues to grow in its size, sophistication, and importance,” said David Fox, Co-Head of the Sage Fund. “Sage is purpose-built to provide speed, certainty and scale to leading sponsors, and we are excited about the depth of the potential opportunity set ahead.”

The Sage fundraise attracted a broad and diverse group of global investors including public and corporate pension plans, sovereign wealth funds, endowments, family offices, insurance companies, and other institutional investors, with strong support from both existing and new relationships to LGP.

“We are humbled by the trust our limited partners have placed in us,” said Garrett Hall, Co-Head of the Sage Fund. “Sage is designed to be a thoughtful, long-term partner to exceptional companies, and we believe our scale, discipline, and collaborative approach positions us well to support high-performing assets and sponsors and deliver outstanding returns to our limited partners.”

Kirkland & Ellis LLP served as legal counsel to LGP in connection with the formation of Sage Equity Investors.

About Leonard Green & Partners
LGP is a leading private equity investment firm founded in 1989 and based in Los Angeles with over $75 billion of assets under management. The firm partners with experienced management teams and often with founders to invest in market-leading companies. Since inception, LGP has completed over 160 investments in the form of traditional buyouts, going-private transactions, recapitalizations, growth equity, and selective public equity and debt positions. The firm primarily focuses on services, including consumer, healthcare, and business services, as well as distribution and industrials. For more information, please visit www.leonardgreen.com.  

SOURCE Leonard Green & Partners, L.P.

GlassPoint Closes $20M Funding Round to Fuel Global Expansion of Solar Industrial Process Heat

N.I.S. New Investment Solutions leads investment in the leading provider of solar steam

DUBAI, UAE, Jan. 26, 2026 — GlassPoint, the leader in solar industrial process heat, today announced it has closed a $20M funding round led by N.I.S. New Investment Solutions, a Liechtenstein-based asset management firm, with participation from returning investor MIG Capital. The investment will advance existing megaprojects with Searles Valley Minerals in California and Ma’aden in Saudi Arabia, as well as power expansion across the globe with a focus on projects in the U.S. Southwest, Southern Europe, the Middle East and South America.

More energy is used globally in the form of industrial process heat (26%) than all forms of electricity combined (20%), according to the International Energy Agency. Unlike electricity, industrial process heat is notoriously difficult to decarbonize, primarily due to the low cost of burning fossil fuels to generate heat.

More than 50% of industry is located in regions sunny enough to benefit from GlassPoint technology. In those locations, GlassPoint’s technology delivers superior economics for industrial process heat compared to burning fossil fuels or electrification.

“In many parts of the world, solar energy is now the lowest cost source of industrial power, creating an opportunity to simultaneously reduce operating costs and emissions,” said Takashi Sato, Founder of N.I.S. “GlassPoint is a proven solution for this moment and has already won the confidence of some of the most discerning industrial organizations in the world, from oil and gas leaders to mining titans.”

“GlassPoint provides industry leaders with a proven solution to deliver industrial process heat at the lowest cost,” said Rod MacGregor, Chief Executive Officer at GlassPoint. “With this latest round of financing, we will expand into several new global markets where GlassPoint’s technology delivers compelling value. We look forward to helping leaders across mining, oil & gas, and building materials achieve a significant cost advantage against their competitors.”

The funding comes on the heels of GlassPoint’s partnership with Searles Valley Minerals to deploy 750 MWth of GlassPoint’s advanced solar technology to reduce costs while beginning to decommission the last two coal-fired plants in California. The company continues to advance its flagship 1.5 GWth project with Ma’aden to decarbonize a bauxite refinery in Saudi Arabia and help the Kingdom meet aggressive sustainability goals. Additionally, GlassPoint’s 330 MWth deployment in Oman has been providing steam on a daily basis since 2017.

GlassPoint’s unmatched ability to deploy at scale is based on multiple industry-first technologies. 

  • GlassPoint’s Enclosed Trough is the lowest-cost way to convert sunlight into industrial heat, delivering nearly 70% of the energy available in sunlight directly to the customer.
  • GlassPoint’s Unify Storage System stores solar heat during the day and releases it at night, enabling an uninterrupted supply of clean thermal energy whenever it is needed.

With the new funding, GlassPoint is expanding its Technology Center in Stuttgart, Germany, with leading technologists and engineers. The company is also hiring business development, engineering, and finance talent in Dubai and the United States.

About GlassPoint
GlassPoint is the leader in solar industrial process heat, with its technology powering 60% of the world’s solar industrial steam capacity. With the only solar industrial process heat solution proven at scale, GlassPoint delivers superior unit economics compared to fossil fuels and electrification. GlassPoint is helping industrial organizations significantly lower costs while delivering a reliable source of carbon-free steam. The company builds, owns and operates large-scale solar steam facilities to reduce carbon emissions in hard-to-abate industries such as mining and metals, chemicals, construction materials, oil and gas, desalination and more. Learn more at glasspoint.com.

About MIG Capital
MIG Capital is one of the leading German VC investors. Through its MIG funds, MIG invests in young deep tech and life sciences companies in German-speaking Europe and beyond. To date, the company has invested over €770 million in approx. 60 start-ups. MIG portfolio companies develop innovations in areas including biopharmaceuticals, energy and environmental technologies, advanced computing, digitalization / IoT, medical technology, and digital health. The MIG investment portfolio currently consists of more than 30 companies.

MIG’s investment team is made up of a dedicated group of engineers, scientists, physicians and entrepreneurs who use analytical and creative processes to assess the risks and opportunities of business models and technologies. Their reputation, experience and network provide excellent access to companies, institutions and decision-makers to support the growth of their portfolio companies.

In recent years, MIG Capital has realized more than ten successful portfolio company sales, including Siltectra (to Infineon) and Hemovent (to MicroPort). It has placed several companies on the stock exchange including BRAIN, NFON, BioNTech, and Immatics.

For further information, please visit www.mig.ag, www.mig-fonds.de or LinkedIn.

SOURCE GlassPoint

Tradespace Raises $15M Series A to Fix the Economics of IP Law

Led by AVP, the round empowers enterprises to shift IP development and management in-house, cutting legal spend by 50% and filing patents in under 24 hours

SAN FRANCISCO, Jan. 26, 2026 — The company announced a $15 million Series A funding round led by AVP to scale its AI-native IP platform – the first solution that allows enterprises to take control of their full IP lifecycle. Existing investors Eniac Ventures, Amplo VC, and Scrum Ventures also participated in the round.

“The traditional IP law firm model is broken. In house IP teams are being asked to support faster innovation cycles without increasing costs, despite law firm fees for drafting and prosecution reaching record levels,” explained Alec Sorensen, CEO and Co-Founder of Tradespace. “Today, Tradespace is dismantling that model and will continue to innovate in the IP Law sector thanks to the support and confidence of the financial partners behind this Series A funding round.”

For decades, in-house IP leaders have been forced to make a difficult economic trade-off: file fewer patents to save money, or exhaust budgets on routine filings. Tradespace eliminates this compromise. By integrating AI directly into the R&D workflow, Tradespace streamlines patent development – from invention harvesting to application drafting – allowing in-house IP teams to operate with the speed of a tech company while maintaining legal rigor.

“The billable hour acts as a tax on innovation, forcing companies to decide which ideas to protect based on budget rather than merit,” said Sorensen. “Even when law firms have moved to fixed fees, companies have had to pay in other ways, whether in increased costs on the backend for prosecution or lower speed and quality. Our platform allows IP teams to recapture their budget and operate with the speed of a software company, not a law firm.”

While “copilot” tools exist to simply draft text faster, Tradespace operates as an end-to-end IP Management Platform. Its embedded AI workflows empower IP teams to harvest new innovations, search for prior art, draft patents, respond to office actions, and even run licensing campaigns, while keeping attorneys in the loop to produce work that rivals senior partners.

The results are immediate. Tradespace clients report:

  • 50% reduction in outside counsel spend
  • 40% increase in invention disclosures from R&D teams
  • Time-to-file compressed from weeks to days

“In-house teams are tired of the administrative trap. They want to be strategic architects, not invoice approvers,” said Manish Agarwal, General Partner at AVP. “Tradespace is the first company to successfully close the gap between software and legal services, giving corporations ownership of the entire process. We believe this platform will become the standard operating system for the Global 2000.”

The platform currently manages over 440K patents for over 80 organizations, including Fortune 500 tech giants and 75% of top US research universities. The Series A follows Tradespace’s November 2025 acquisition of Paragon Patents, cementing Tradespace’s technical lead in Agentic workflows and AI-driven patent drafting.

About Tradespace
Tradespace is the first end-to-end IP Management Platform designed to replace the billable hour with AI automation. By combining a secure system of record with proprietary, attorney-grade drafting technology, Tradespace empowers in-house teams to take control of the IP lifecycle – from invention disclosure to filing – without relying on inefficient outside counsel. Trusted by top universities and Fortune 500s, Tradespace is defining the future of intellectual property. For more information, visit tradespace.io.

About AVP 
AVP is an independent global investment platform focused on high-growth technology companies, ranging from deep tech to tech-enabled, across Europe and North America. The firm manages more than €2.5 billion in assets across four strategies: venture, early growth, growth, and fund of funds. Its multi-stage platform combines global research with local execution to drive investment. Since its establishment in 2016, AVP has invested in more than 60 technology companies. Through its dedicated expansion team, AVP works closely with founders, offering the expertise, connections and resources needed to unlock growth opportunities, and create lasting value through meaningful collaborations.

Contact:
Andrea Christman
Poston Communications
202.302.1511
[email protected]

SOURCE Tradespace

Ricursive Intelligence Raises $300 Million Series A at $4 Billion Valuation to Accelerate AI-Driven Semiconductor Design

Lightspeed Venture Partners leads round less than two months after the company’s launch, alongside DST Global, NVentures, Radical, Felicis, 49 Palms, Sequoia, and others.

PALO ALTO, Calif., Jan. 26, 2026 — Ricursive Intelligence, a frontier AI lab founded by the co-creators of AlphaChip, today announced a $300 million Series A funding round led by Lightspeed Venture Partners at a $4 billion post-money valuation. The round follows Ricursive’s public launch less than two months earlier and includes participation from DST Global, NVentures (NVIDIA’s venture capital arm), Felicis Ventures, 49 Palms Ventures, Radical AI, and Sequoia Capital.

Ricursive Intelligence was founded by Dr. Anna Goldie and Dr. Azalia Mirhoseini, whose pioneering work on AlphaChip was instrumental in establishing AI-driven chip design and has since been adopted across four generations of TPU and deployed by external semiconductor companies. Ricursive is building a next-generation platform that closes the recursive feedback loop between AI models and the chips that power them, addressing what has become the primary bottleneck to AI progress: the slow, capital-intensive process of semiconductor design.

The new funding will be used to scale Ricursive’s world-class research and engineering team and significantly expand its compute infrastructure, enabling faster iteration across the full semiconductor design stack.

“The pace of AI progress is dictated by hardware,” said Dr. Anna Goldie, co-founder and CEO of Ricursive Intelligence. “Ricursive’s mission is to radically accelerate chip design, and ultimately to use AI to design its own silicon substrate. This funding will allow us to grow our world-class team and build the infrastructure necessary to meet this challenge.” 

“To advance the state of the art in AI, we must operate at the Pareto frontier of intelligence and computational efficiency,” said Dr. Azalia Mirhoseini, co-founder and CTO of Ricursive Intelligence. “Ricursive is building toward a future where rapid AI and hardware co-evolution becomes reality, unlocking significant gains in performance and energy efficiency. Together with our exceptional team, we are excited to drive this paradigm shift.”

Ricursive’s rapid follow-on financing reflects strong conviction from both AI and semiconductor industry leaders in the company’s world-class team, technical approach, and long-term vision.

“Ricursive is addressing what may be the most critical bottleneck facing the AI industry today: the gap between AI advancement and semiconductor capability,” said Guru Chahal, Partner at Lightspeed Venture Partners. “Anna and Azalia pioneered a new approach to chip design with AlphaChip. At Ricursive, they’re building a full-stack platform that creates a continuous improvement cycle between AI models and the hardware that powers them. The caliber of the founding team, the ambition of what they’re building, combined with the technical progress they’ve already achieved, made this a clear investment for us. We’re thrilled to be partnering with Ricursive Intelligence.”

Since its launch, Ricursive has attracted top-tier researchers and engineers across AI, systems, and silicon design from Google DeepMind, Anthropic, Apple, and Cadence, positioning the company as a foundational player at the intersection of artificial intelligence and compute infrastructure.

About Ricursive Intelligence 
Ricursive Intelligence is a frontier AI lab building the compute foundation for the next generation of AI. Founded by Dr. Anna Goldie and Dr. Azalia Mirhoseini, the scientists who pioneered AI for chip design and co-created AlphaChip, Ricursive Intelligence applies AI and distributed computing to drastically compress semiconductor development timelines. The company’s platform creates a recursive self-improvement cycle where AI designs silicon that powers the next generation of AI. By removing the hardware bottleneck that has held back AI progress, Ricursive Intelligence is forging a path toward artificial superintelligence and unlocking a Cambrian explosion of custom chips. Visit ricursive.com to learn more.

About Lightspeed: 
Lightspeed is a global, multi-stage, venture capital firm managing over $40B in assets. Since its founding in 2000, Lightspeed has been the first investor and an early backer of some of the most innovative companies in the world including Abridge, Anthropic, Castelion, Glean, Mistral, Navan, Netskope, Rubrik, Snap, Wiz, and more. Visit lsvp.com to learn more.

Media Contact: 
Helen Ferguson
JConnelly
973-214-4306
[email protected] 

SOURCE Ricursive Intelligence

Mine Raises $14M to Launch AI Money Agent Built to Help Young Adults Feel in Control of Their Money

Formerly Fizz, Mine unveils a new brand and AI platform to help young adults overcome financial stress and build wealth

NEW YORK, Jan. 26, 2026 — Mine, the personal finance company for young adults, today announced a $14 million Series A financing led by 359 Capital. The round includes participation from Kleiner Perkins and new investor FJ Labs. Existing investors Y Combinator and U.S. News & World Report also participated, bringing the company’s total capital raised to $28 million.

A New Name for a New Era of Personal Finance
The new name, Mine, reflects a mission: to make money feel personal again for a new generation of young Americans. What started as a single credit-building tool has become a complete platform that helps young adults take ownership of their financial lives. “Your finances should feel like they’re in your hands — not hanging over your head,” said Scott Smith, Co-founder of Mine. “The new name represents our commitment to helping young adults truly own their financial lives and build a foundation for their futures.”

Introducing Your Personal Finance Agent, MoneyGPT
Meet MoneyGPT — your personal finance agent, powered by Mine’s proprietary data models. It learns your habits, understands your goals, and gives you practical, instant advice to help you save, spend, and grow smarter.

The agent provides hyper-personalized insights and advice tailored to each customer’s unique financial situation, goals, and concerns. Whether you’re navigating student loans, building credit for the first time, or trying to understand how to save for an upcoming trip, MoneyGPT delivers actionable, custom advice instantly.

Unlike generic financial tools or general-purpose AI models, MoneyGPT adapts to your spending patterns, anticipates your needs, and proactively offers insights to help you make smarter financial decisions. MoneyGPT helps you think through the realities of variable income, gig work, and the pressure to balance short-term fun with long-term goals.

Addressing a Critical Gap in Financial Wellness for Young Adults

Today’s financial system wasn’t built for the next generation. Most young adults are juggling variable income, side gigs, debt, and shifting goals — yet still relying on tools designed for their parents. Nearly 60 percent of students worry about covering basic expenses, and 37 percent stress over loan repayment — making financial anxiety the number-one reason students drop out of college.

Mine is tackling that challenge head-on. Financial needs have evolved faster than the solutions available to meet them. Young adults today face complex realities — variable income from nontraditional jobs, rising healthcare costs, mid-career resets, and new questions around family support and inheritance — yet they’re still left to navigate with outdated tools.

“Money shouldn’t be a mystery,” said Carlo Kobe, Co-founder of Mine. “Our goal is to give young adults the clarity and confidence to make smarter choices every day. This funding helps us scale a platform that not only educates, but empowers.”

By combining data, design, and AI, Mine is already changing how young adults engage with their money. Early results show the impact: 75 percent of users report feeling more financially confident, and 70 percent say they feel more financially independent after using Mine.

A Complete Money Platform Built for Young Adults

Mine offers a suite of tools designed specifically for the young adult experience:

  • AI Personal Finance Agent, MoneyGPT: Clear recommendations tailored to your accounts, cash flow, and goals—not boilerplate tips.
  • Mine Card: A smarter credit-building card that looks out for you. See what’s genuinely safe to spend in real time, and earn rewards.
  • Effortless tracking: Track all of your accounts in one place. See cards, banks, brokerages, retirement funds, credit history, and student loans together in one interface.

“We’re thrilled to lead Mine’s Series A,” said David Hartwig, Partner, 359 Capital. “The team has built something truly differentiated—a platform that meets young adults where they are and gives them the tools to build real wealth. Mine’s rapid growth and the overwhelming demand we’re seeing from this demographic make it clear they’re solving a real need, and the addition of AI-powered personalized guidance measurably improves our ability to raise financial literacy.”

About Mine

Mine is the personal finance company built for young adults. Formerly Fizz, Mine helps users take control of their financial lives through a complete money platform that includes MoneyGPT, a personal finance agent, alongside tools for credit building and account tracking — designed for the realities of modern income, spending, and goals. Mine is based in New York.

SOURCE Mine

Visitt Raises $22 Million Series B Funding to Build the Single AI Interface for CRE Property Operations

 Susquehanna Growth Equity fuels Visitt’s rapid expansion

NEW YORK, Jan. 26, 2026 — Visitt, the AI-native property operations platform transforming the future of commercial real estate, today announced that it has raised $22 million in Series B funding from Susquehanna Growth Equity (SGE), an entrepreneur-centric growth equity firm, with participation from existing investors Vertex Ventures Israel, Anfield, and Sarona Ventures.

The funding round follows a year of rapid expansion for Visitt, which today has over 150 customers, achieving over 900% growth in managed square footage in 2025. The company is bringing operational innovation back to property teams, replacing stagnant legacy systems with a unified platform where AI was built into the operational core from day one, delivering practical solutions to real, day-to-day building operations challenges.

Co-founded by Chief Executive Officer Itay Oren, Chief Technology Officer Idan Wender, and Chief Product Officer Jonathan Kroll, Visitt built its platform around real-world workflows, informed by live building operations with world-class operators across office, industrial, data center, multifamily, and retail properties.

“As the first platform to deeply embed AI into day-to-day CRE operations, Visitt is purpose-built to meet new expectations for operational excellence and tenant experience. Legacy systems were designed for a different era and can’t meet these demands. Operators need speed, clarity, and real outcomes through a single interface with AI built into the operational core,” said Itay Oren, CEO and Co-founder of Visitt. “This investment allows us to accelerate innovation while staying true to how we operate: as true partners with our customers, building in their buildings and supporting their success. SGE shares our commitment to supporting property teams, bringing valuable experience from its real estate technology investments.”

Visitt’s all-in-one platform unifies workflows that traditionally live in disconnected CRE systems, including work orders, compliance, predictive maintenance, tenant communications, equipment lifespan tracking, security, amenities, and finance. Its workflows are supported by millions of operational data points that Visitt has amassed, combined with continuous feedback loops with on-site property teams.

“We are thrilled to partner with Itay and his talented team, who have built a best-in-class platform through relentless commitment to solving common issues in the commercial real estate industry,” said Josh Elser, Managing Director, Susquehanna Growth Equity. “Visitt is well-positioned to capture a massive whitespace opportunity, and we are eager to support the entire team as they continue to scale the platform.”

Tobias Lange, Investor, Susquehanna Growth Equity, added “We’ve been tremendously impressed with Visitt’s user-friendly AI workflows, which enhance commercial real estate building operations and tenant experience, driving higher satisfaction and measurable ROI for owners and operators.”

Visitt plans to expand its single AI interface for property operations inside the workflows teams use every day, building on its existing capabilities such as work order intelligence, its AI Agent for certificate of insurance management, and multilingual communication tools. Additionally, the company will introduce new AI Agents that save time on manual work, build more predictive intelligence, scale customer experience teams to ensure every customer succeeds, and continue advancing its proprietary onboarding technology.

About Visitt

Visitt is an all-in-one AI-native property operations platform built to handle day-to-day operations. Designed to address the tech stack overload faced by CRE owners and operators, Visitt consolidates critical property management functions into a single, intuitive platform, automating workflows and repetitive tasks so teams can focus on higher-value work. Its core features – such as streamlined work order and preventive maintenance tools, in-app team and tenant communication, amenity management, visitor access, and predictive maintenance – drive stronger portfolio performance with happier tenants and property managers.

Backed by proprietary research, Visitt delivers 2-3x improvements in property efficiency and response times, saving thousands of hours per portfolio annually. To request a demo, visit www.visitt.io

About Susquehanna Growth Equity

Susquehanna Growth Equity (“SGE”) is an entrepreneur-centric growth equity fund with flexible capital and time horizons. SGE has invested over $5.0 billion in 110+ market-leading technology and services companies over the last 20 years and has portfolio companies across the United States, Canada, Europe, and Israel. To learn more, please visit www.sgep.com.

SOURCE Visitt

DealHub Raises $100M to Redefine Enterprise Quote-to-Revenue

SAN FRANCISCO, Jan. 23, 2026 — DealHub’s recent $100 million growth round, led by Riverwood Capital, is more than a milestone for the company; it’s a signal to the market. In this emerging category of agentic platforms, DealHub is positioning itself as the defining leader for revenue execution.

Enterprise monetization has fractured into a maze of models: usage-based pricing, subscriptions, self-serve, tiered plans, contract-driven enterprise sales, embedded consumption, and AI-based credits—all coexisting within the same organization. Go-to-market strategies now blend SLG, PLG, and self-service motions. The result is unprecedented flexibility for buyers and unprecedented operational risk for sellers.

The Enterprise Pricing Problem 

Most large enterprises now operate with what can only be described as ‘hybrid monetization stacks.’ A single customer may start in self-serve, expand through usage, convert into an enterprise contract, and renew on a custom commercial model. Pricing logic changes mid-cycle. Entitlements evolve. Usage spikes unpredictably. Revenue must still be recognized accurately, forecasted reliably, and governed globally.

Traditional CPQ systems were built for static rules, linear deal flows, and relatively stable pricing models. Even many ‘modern’ point solutions (usage metering tools, billing engines, contract repositories) address only fragments of the problem. They require brittle integrations, manual reconciliations, and downstream patchwork logic.

This fragmentation creates a fundamental blind spot: leadership no longer has a real-time, unified view of revenue.

Instead, finance teams reconcile. RevOps teams interpret. Sales teams work around. And the business absorbs risk quietly until it surfaces as missed forecasts, revenue leakage, pricing inconsistency, or compliance exposure.

Agentic Systems

Agentic software represents a shift from passive systems of record to active systems of reasoning. Rather than waiting for human inputs at every decision point, agentic platforms interpret context, evaluate constraints, and execute actions continuously.

In revenue terms, this means software that understands deal structure, pricing dependencies, entitlements, discount policies, usage patterns, and revenue recognition rules—not as static fields, but as dynamic relationships.

DealHub’s Agentic Quote-to-Revenue vision aims to do exactly this: unify pricing, packaging, quoting, contracting, billing, and revenue orchestration into a single intelligent backbone.

The $100M funding round marks an important milestone. The investment will support continued innovation and help advance the shift from workflow automation to autonomous revenue execution.

One Platform, Not a Patchwork

One of DealHub’s most consequential moves is its rejection of the ‘best-of-breed sprawl’ model that has dominated RevOps architecture for the past decade. While many vendors focus on solving individual stages of the funnel, DealHub is consolidating CPQ, Subscription Management, CLM, Billing, Revenue Recognition, DealRoom collaboration, and API-first headless quoting into a single, orchestrated system.

There are two key reasons for this:

First, it eliminates fragile dependencies. Every handoff between systems is a point of failure. Every sync is a lag. Every reconciliation is a risk. A unified platform removes the need to reconcile truth across silos.

Second, it creates contextual intelligence. When pricing logic, contract terms, billing events, and revenue recognition live in the same system, the software can reason holistically. It can understand how a discount affects long-term ARR, how a usage threshold impacts margin, or how a renewal structure impacts forecast stability.

This is the core of revenue autonomy: not just automating steps, but understanding consequences.

Real-Time Revenue Is a Strategic Requirement

For C-suite leaders, the most compelling promise of agentic revenue systems is not speed—it’s certainty.

In an AI-driven economy, waiting until month-end or quarter-close to understand revenue performance is no longer viable. Leaders need to know, at any moment in the quarter, where revenue stands, what is at risk, what is accelerating, and what structural factors are influencing outcomes.

DealHub’s approach is designed to deliver this continuous visibility. Real-time dashboards and context-aware insights generated directly from the revenue execution layer itself.

This is a fundamental shift from reporting on revenue to actively governing it.

It Sets a New Bar for CPQ

The CPQ category has historically focused on configuration accuracy and quote speed. Those capabilities remain necessary, but they are no longer sufficient.

In a world of AI-driven monetization, CPQ must evolve into a control plane for revenue logic. It must understand not only what can be sold, but how it will be billed, recognized, expanded, and governed over time.

DealHub’s Agentic Quote-to-Revenue platform reframes CPQ as an intelligent system of action. That’s what differentiates category leaders from feature competitors.

The Market Signal Is Clear

This investment is not just a vote of confidence in DealHub’s execution. It is a validation of the solution itself: revenue systems as strategic infrastructure.

As monetization becomes more flexible, revenue execution becomes more complex. And as complexity increases, the cost of manual intervention, fragmented tooling, and static logic becomes untenable.

DealHub’s $100M round marks a shift toward platforms that actively support and govern growth. In doing so, it sets a new standard for what CPQ can be and establishes a clear leadership position in the emerging Revenue Autonomy category.

Contact:
Allison Porter
[email protected]

Photo: https://mma.prnewswire.com/media/2867718/DealHub_Photo.jpg

SOURCE DealHub

Pinegrove Opportunity Partners Raises $2.2 Billion for Inaugural Fund

The fund invests in category-defining private technology companies through scalable and customized
secondary solutions

SAN FRANCISCO, Jan. 22, 2026 — Pinegrove Opportunity Partners (“POP”), a dedicated venture and growth secondaries investor, today announced the close of its inaugural fund, Pinegrove Opportunity Partners I (“POP I”), with $2.2 billion of capital commitments. POP I was oversubscribed relative to its original $2 billion target and is the largest first-time venture secondaries fund.

POP I invests in mid-to-late-stage private technology companies by delivering flexible liquidity and financing solutions to founders, management teams, venture firms, and their investors. The company is led by Brian Laibow, Prateek Bhide, Gaurav Mathur, and an experienced team with extensive primary underwriting and structuring expertise, as well as deep relationships across the venture industry.

Founded in 2023 with significant strategic and financial backing from Sequoia Heritage and Brookfield, POP was established as a partner to the venture and growth ecosystem to address growing liquidity challenges. POP helps meet this need by offering tailored capital solutions at scale, including direct investments such as company tenders, GP continuation vehicles, LP fund interests, and NAV loans. POP operates as a dedicated strategy within the Pinegrove platform, which also includes leading venture fund primaries, co-investments, and credit strategies (formerly known as SVB Capital).

“Over the past decade, the landscape for venture capital and growth investing has undergone a structural shift. Companies are staying private longer, which creates significant capital needs as stakeholders seek liquidity options to de-risk and diversify their portfolios,” said Brian Laibow, Managing Partner and Chief Investment Officer of Pinegrove Opportunity Partners. “POP was launched to address this persistent gap in the venture market and serve as a non-competitive, value-add partner. We are grateful for the strong support from our global and diversified limited partners. We look forward to leveraging our expertise and network to identify differentiated investments for our investors and support category-defining technology companies.”

To date, POP I has invested approximately $1 billion and has a robust, selectively curated, and highly proprietary pipeline of future investment opportunities.

About Pinegrove Opportunity Partners

Pinegrove Opportunity Partners (POP) is an independent investment manager founded in 2023 to provide investors with access to leading mid-to-late-stage private technology companies. Backed by Sequoia Heritage and Brookfield and managing more than $2 billion in assets, POP delivers scalable secondary and bespoke financing solutions to the venture and growth ecosystem.

POP leverages proprietary sourcing channels, differentiated underwriting, structuring expertise, and deep relationships within the venture ecosystem to deliver long-term value for its investors. To learn more, please visit POP.Pinegrove.vc.

SOURCE Pinegrove Opportunity Partners

Mia Labs Raises $20M Series A to Power the AI ‘Super Employee’ Behind 350+ Dealerships

The new round brings total capital raised to $29 million and accelerates product innovation, team growth, and continued expansion for the AI-native communications platform built specifically for automotive dealerships.

AUSTIN, Texas, Jan. 22, 2026 — Mia Labs, Inc., the company behind Mia, the AI-powered conversational platform for automotive dealerships, today announced it has raised a $20 million Series A, bringing its total capital raised to $29 million. The round was led by Permanent Capital Ventures, with participation from Norwest alongside earlier investors Eniac Ventures, Vine Ventures, Analog Ventures (formerly J Ventures), and Logos Fund, as well as strategic automotive investors and industry leaders, including Yossi Levi of Car Dealership Guy.

This funding caps off a breakout year for Mia Labs. In 2025, the company expanded its footprint to over 350 franchise dealerships nationwide, enabling more than $45 million in dealership revenue while saving over 1.5 million human hours through AI-powered customer conversations.

This capital also positions Mia as one of the most well-funded AI-native communications platforms built specifically for car dealerships, reflecting both the scale of the opportunity and the company’s growing momentum.

To date, Mia has:

  • Powered over 1 million customer conversations
  • Booked more than 130,000 sales and service appointments
  • Saved dealerships over 1.5 million human hours
  • Enabled over $45 million of revenue from AI booked appointments
  • Scaled to over 50 employees

Mia’s conversational AI platform supports multiple departments and communication channels, enabling dealerships to replace fragmented, manual workflows with a single intelligent system that drives revenue, improves the customer experience, and scales efficiently. Unlike legacy call centers, IVRs, and standalone chatbots, Mia replaces fragmented dealership communication tools with a single AI-native system operating across departments and channels.

A key differentiator behind Mia’s momentum is the team building the platform. Across engineering, sales, customer success, and leadership, Mia Labs brings together more than 100 years of combined automotive experience, spanning dealership operations, OEMs, automotive software, and frontline retail roles. This deep, firsthand understanding of how dealerships work informs every product decision, ensuring Mia is built for real-world dealer environments, not theoretical use cases. As a result, some of the largest dealership groups in the country trust Mia with their stores’ customer communications.

“This Series A funding is a major vote of confidence in Mia’s vision and the real results we’re delivering for automotive dealerships,” said Brian Hoang, CEO and co-founder of Mia Labs. “In today’s competitive landscape, dealerships can’t afford outdated tools and broken data that slow them down. We’re directly addressing this by building the most sophisticated AI super employee in the automotive space; one that’s deeply familiar with dealership operations, elevates the customer experience, and continually improves to help dealers drive more revenue.”

“Mia Labs is addressing one of the most mission-critical challenges in automotive retail: customer communication at scale,” said Mike Gamson, Managing Partner at Permanent Capital Ventures. “The team combines deep automotive expertise with world-class AI execution, and their momentum in just this last year alone speaks for itself. We’re excited to support Mia as they define the future of dealership operations.”

“Mia stands out because it was built by people who deeply understand dealership workflows and the realities operators face every day,” said Yossi Levi, Founder of Car Dealership Guy. “Their approach to AI is practical, results-driven, and purpose-built for automotive. I believe Mia is becoming a foundational platform for modern dealerships.”

On the tail of this announcement, Mia is set to ignite the future of automotive retail at NADA 2026 in Las Vegas, where they will reveal more game-changing product innovations. Mia will be at booth #6568N, where the company plans to show dealers, partners, and industry leaders exactly how Mia’s cutting-edge communications are transforming dealership operations and customer experiences.

About Mia Labs, Inc.

Mia Labs, Inc. is modernizing automotive retail with AI technology built for dealership operations. Founded in 2023, Mia combines decades of automotive retail experience with advanced artificial intelligence to create an AI super employee that answers calls, engages customers, and converts conversations into revenue opportunities 24/7/365.

Mia integrates directly with dealership systems, streamlines dealer technology stacks, and is customizable across sales, service, and reception. Designed for natural, human-like conversations, Mia supports multiple languages and delivers industry-leading performance to help dealerships operate more efficiently and serve customers better.

For more information about Mia Labs or to schedule a demo, visit www.mia.inc.

SOURCE Mia Labs, Inc.