SAN FRANCISCO, Sept. 30, 2025 — Copec WIND Ventures, the strategic corporate venture capital (CVC) arm of Copec, has been recognized for the second consecutive year as Latin America’s leading CVC program by the Innova Awards at InnovaSummit, the region’s largest corporate venturing and CVC gathering.

The “CVC of the Year” award honors programs that drive measurable business impact, launch new business lines, expand international reach, and enable disruptive innovation. WIND Ventures was recognized in the Consolidado category for CVCs operating more than three years, underscoring its sustained leadership and impact across the region.

“This recognition reflects the dedication and excellence of our team,” said Brian Walsh, Head of Copec Wind Ventures. “Copec WIND Ventures serves as a bridge: connecting startups with the benefits of a large corporation, while linking Latin America to companies that are redefining sectors such as energy, mobility, and convenience.”

A Platform for Scaling Innovation

Headquartered in San Francisco, Copec WIND Ventures provides startups and scaleups with privileged access to Latin American markets and Copec’s operational platform to pilot and scale technologies in real markets. Since its founding, Copec WIND Ventures has evaluated more than 4,000 startups and invested over $160 million in 25 companies spanning energy, mobility, and convenience.

“Copec WIND Ventures is a key tool for accelerating Copec’s transformation,” said Leonardo Ljubetic, Copec’s Chief Development Officer. “It’s not just about investing capital—it’s about testing and scaling transformative ideas that improve energy efficiency, drive sustainable mobility, and create lasting value for people and communities.”

Copec’s Legacy, WIND Ventures’ Future

 With more than 90 years of experience in energy and a nationwide network of service stations, energy solutions, and sustainable mobility initiatives, Copec has long been at the forefront of transforming how Chileans access energy and transportation. WIND Ventures extends that legacy by helping the next generation of entrepreneurs implement technologies that generate economic, social, and environmental impact across Chile and Latin America.

This award reaffirms Copec’s commitment to innovation as a catalyst for sustainable transformation for Chile and across the region, and positions Copec WIND Ventures as a benchmark for corporate venturing.

About Copec WIND Ventures

Based in San Francisco, Copec WIND Ventures is the corporate venture capital (CVC) arm of Copec, one of the leading energy, mobility, and retail companies in Central and South America and one of the most valued brands throughout Latin America. WIND Ventures leverages Copec’s significant resources to accelerate growth, primarily within Latin America, for startups and scaleups across the world within the new mobility, energy, and retail sectors. Visit windventures.vc or follow us on Linkedin and Twitter.

Contact:
Mary Magnani, CodePR
[email protected]

SOURCE Copec WIND Ventures

WESTPORT, Conn., Sept. 30, 2025 — Gemspring Capital Management, LLC (“Gemspring”), a leading middle-market private equity firm, announced today the closing of Gemspring Growth Solutions II (“GGS II” or the “Fund”) with $1.1 billion of capital commitments. The Fund was oversubscribed and reached its hard cap in its first and final close after approximately three months in the market. GGS II builds on the success of its predecessor, Gemspring Growth Solutions I, a $400 million fund raised in 2022, and continues Gemspring’s strategy of non-control and growth capital investments in middle-market businesses.

Commitments to GGS II came from a global, diversified investor base that includes leading pension funds, endowments, foundations, family offices, asset management firms, and other financial institutions. In line with prior funds, the Gemspring team also made a substantial commitment, representing the largest single investment in the Fund.

“We are grateful for the overwhelming support from both existing and new limited partners,” said Bret Wiener, Founder and Chief Executive Officer of Gemspring. “Their commitment underscores the rising demand for flexible capital solutions that GGS II is designed to meet at scale.”

Since its founding in 2015, Gemspring has grown to a team of 75 professionals and has completed 128 acquisitions across its buyout and growth solutions strategies.

Sidley Austin LLP served as legal counsel in the formation of the Fund.

About Gemspring Capital 
Gemspring Capital, a Westport, Connecticut-based private equity firm with $5.0 billion of capital under management, provides flexible capital solutions to middle market companies. Gemspring partners with talented management teams and takes a partnership approach to helping drive revenue growth, value creation and sustainable competitive advantages. Target companies have up to $2.0 billion in revenue and are in the business services, consumer services, financial and insurance services, healthcare, industrial, software, and tech-enabled services sectors. For more information, visit www.gemspring.com.

Contact: Jack Tucker, [email protected]

SOURCE Gemspring Capital

MECHELEN, Belgium, Sept. 30, 2025 — StackGuardian (www.stackguardian.io), the European cloud-native startup transforming how enterprises deliver secure and compliant self-service infrastructure, today announced it has raised a total of $10 million, inclusive of its initial seed round. The Series A was led by TIN Capital, with participation from existing investors Volta Ventures and InvestLink. The funding will accelerate StackGuardian’s expansion across Europe and the United States and fuel continued advancement of the AI capabilities powering its industry-leading Self-Service Infrastructure Automation and Orchestration Platform.

“Enterprises face mounting pressure to deliver self-service infrastructure without compromising security, compliance, or cost efficiency,” said Karl Driesen, Co-Founder & CEO of StackGuardian. “This funding enables us to scale our go-to-market efforts, support our growing global customer base, and accelerate innovation, especially in AI, empowering teams to orchestrate infrastructure more intelligently, faster, and with greater security.”

“Our engineering is committed to making infrastructure automation accessible without compromising on security or compliance.”, said Akshat Tandon, Co-Founder & CTO of StackGuardian. “AI enables our Self-Service IaC Platform to be smarter, simpler, and more approachable for all teams in enterprises.”

“We felt the time was right to invest in StackGuardian,” said Michael Lucassen, Managing Partner at TIN Capital. “The fact that leading enterprises such as Siemens, RheinEnergie, and Bpost are using the platform is clear proof of its value, and a strong signal that now is the moment to accelerate.”

About StackGuardian

StackGuardian is a European cloud-native startup that redefines how enterprises deliver secure and compliant infrastructure through standardization and self-service. Founded in 2022, its AI-driven Infrastructure Automation and Orchestration Platform is trusted by leading enterprises including Siemens, RheinEnergie, Bpost, along with other global organizations, to accelerate innovation while ensuring security and compliance. For more information about scaling infrastructure standardization and provisioning through self-service visit https://www.stackguardian.io/post/empower-your-dev-teams-the-value-of-self-service-infrastructure.

About TIN Capital

TIN Capital is a Dutch venture capital firm investing in Europe’s leading cybersecurity and security technology companies. With its €100M European Cyber Tech Fund V, TIN Capital backs startups and scale-ups that safeguard national, economic, and digital security.

Photo: https://mma.prnewswire.com/media/2783019/StackGuardian.jpg

New platforms increase power density, reduce emissions, provide utility-grade resiliency and support the grid, all without the constraints of diesel.

HOUSTON, Sept. 30, 2025 — Enchanted Rock, the recognized leader in power resiliency, today unveiled its next-generation dispatchable natural gas systems built to help critical industries secure the power they need with greater uptime, faster deployment, and utility-grade power. The new lineup includes modular RockBlock™ units, available from 1.5 to 3.5 MW with standard one-for-one diesel replacement capability and optional N+1 redundancy, and the new 500 kW ERT500™ generator models — all designed to meet rising operational and sustainability demands. With a proven combined reliability of 99.999%, Enchanted Rock continues to set the standard for onsite power generation.

“For decades, diesel was the default backup system, but that era is ending,” said Allan Schurr, Chief Commercial Officer at Enchanted Rock. “The ERT500™ and RockBlock™ give customers cleaner, quieter onsite power with flexible demand-response, supporting both their operations and their communities. Fueled by underground natural gas, they offer reliable performance for a future that demands resilience and responsibility.”

Designed for data centers and other mission critical applications, the RockBlock™ series replaces large diesel generators with up to double the power density. With a footprint of 5.6 kW per square foot, the 2.5 MW RockBlock™ achieves nearly double the density of a 2.5 MW diesel unit at 2.9 kW per square foot. Built-in redundancy with the Reliability+ feature allows RockBlock™ to operate with a percentage of its power held in reserve, delivering reliable performance during unexpected demand or routine maintenance without oversizing site capacity. The system integrates with 480V infrastructure, requiring no changes to existing infrastructure.

The ERT500™ natural gas generator is the next evolution of Enchanted Rock’s proven platform, meeting or exceeding industry standards on key attributes such as power density, start time, transient management, and emissions. For example, it outperforms typical diesel generators by surpassing ISO 8528-5 G3 step-load requirements, delivering faster, more stable response to sudden load changes. With 500 kW ESP and 450 kW LTP/PRP in a compact 10′ x 8′ footprint, the ERT500™ combines modular scalability and flexible operating modes with ultra-low emissions. Integrated GraniteEcosystem™ controls collect 10x more data than previous models, enabling predictive maintenance and enhancing long-term reliability.

The ERT500™ and RockBlock™ are offered in two models: a standard low-emissions unit and an advanced CARB-DG emissions compliant version for deployment in the most stringent air quality regions. Delivering up to 99% cleaner emissions than diesel, these systems enable facilities to maximize installed capacity and run hours without triggering costly and complex Title V air permits.

Additionally, the new models offer an Advanced Generator Power (AGP) rating. The AGP is the maximum power which a generating set is capable of delivering while supplying a variable or continuous electrical load during unlimited run hours. With this, Enchanted Rock will be able to dynamically adjust maintenance intervals based on load and duty cycles, while also allowing for prolonged operation at load in parallel with a utility.

In addition to performance gains, the ERT500™ and RockBlock™ systems are built with both operational convenience and community impact in mind. A unique vertical radiator air flow and emissions exhaust design reduces clearance needs and delivering natural gas via existing underground infrastructure eliminates diesel refueling challenges. Quieter operation reduces community noise complaints, while lower emissions remove runtime restrictions often faced by diesel-based generators.

All systems are supported by Enchanted Rock’s 24/7 staffed remote monitoring microgrid control center and predictive maintenance programs. Customers also benefit from the company’s vertically integrated services, combining technical expertise, custom engineering, turnkey installation and long-term service and monitoring.

By delivering fault-tolerant, dispatchable onsite generation that advances both operational continuity and sustainability objectives, Enchanted Rock continues to redefine the future of resilient onsite backup power.

For more information, visit www.enchantedrock.com/block and www.enchantedrock.com/ERT500. 
(note: or we can use one web address) www.enchantedrock.com/natural-gas-generators.

About Enchanted Rock

Enchanted Rock is a recognized leader in reliable, large-scale onsite power and microgrid solutions that help critical operations maintain uptime during grid outages caused by extreme weather, infrastructure failures, cyberattacks and other disruptions. Trusted by data centers, healthcare systems, utilities, manufacturers, and government, Enchanted Rock also supports overall grid reliability by providing dispatchable, flexible capacity. Its natural gas generators offer a lower emission, scalable alternative to diesel. All systems are monitored and optimized 24/7 through the company’s proprietary GraniteEcosystem™ software platform. Learn more at www.enchantedrock.com or follow Enchanted Rock on LinkedIn.

Media Contact:
Angela Stanley, Account Supervisor, Interdependence
[email protected]
919-480-7937

SOURCE Enchanted Rock

BRIDGEWATER, N.J., Sept. 30, 2025 — Openstream.ai, the leader in multimodal, plan-based neuro-symbolic AI, today announced that the United States Patent and Trademark Office has granted the company a new patent covering multimodal collaborative plan-based dialogue systems. This patent strengthens Openstream.ai’s intellectual property portfolio and underscores its leadership in building hallucination-free, goal-driven AI experiences for enterprises.

The newly granted patent covers methods and systems that allow AI to:

• Interpret and integrate multimodal inputs such as speech, text, gestures, facial expressions, body language, and eye gaze.
• Infer user goals and dynamically develop hierarchical plans of communicative actions.
• Maintain collaborative, goal-oriented dialogues until objectives are achieved.
• Incorporate emotional cues, proactive communications, and explanations to ensure trust, transparency, and user understanding.
• Enable robots and virtual agents to interact seamlessly through multimodal content and reasoning.

This invention uniquely positions Openstream.ai to enable next-generation conversational agents that go far beyond today’s prompt-response models by combining reasoning, context-awareness, and collaboration to achieve complex user goals in domains such as healthcare, insurance, financial services, and enterprise automation.

Dr. Lucian Galescu ( Head of dialogue systems research) said, “This patent represents a major step forward in creating AI systems that can truly ‘think’ with users rather than just respond to them. By integrating multimodal perception, reasoning, and planning into one collaborative framework, we are enabling agents that understand intent, adapt to context, and act with purpose. This is the foundation of safe, reliable, and enterprise-grade AI.”

“Enterprises today demand more than chatbots or scripted interactions. With this patent, Openstream.ai reinforces its leadership in delivering trustworthy AI experiences that are logical, transparent, and effective across industries. This milestone highlights our ability to create AI agents that are not just conversational but genuinely collaborative partners in driving business outcomes,” said David Stark, CMO of Openstream.ai.

This patent adds to the momentum of a series of notable achievements for Openstream.ai, including a recent patent for Breakthrough Patent Sets New Standard for Trustworthy AI, being named to KMWorld magazine’s Trendsetting Products of 2025 list, named a 2025 KMWorld 100 Companies that Matter in Knowledge Management, an International Innovator in the Aragon Research Globe™ for AI Agent Platforms, 2025, an AI Visionary on the eWeek Top AI Companies in 2025 list, and other recent innovative patents including Multimodal AI-Driven Digital Twins of Humans and Multimodal AI Agents That Can Plan, Reason, And Explain.

About Openstream.aI

Openstream.ai is the leading provider of neuro-symbolic multimodal Collaborative Agentic and Conversational AI solutions for visionaries. The company’s Eva™ (Enterprise Virtual Assistant) platform delivers hallucination-free AI experiences through advanced knowledge ingestion, processing, and activation capabilities. Eva’s neuro-symbolic architecture ensures accurate, grounded responses across multiple modalities and languages, enabling enterprises to deploy AI with confidence. Headquartered in Bridgewater, N.J., Openstream.ai serves enterprises worldwide with AI solutions that transform how organizations interact with their knowledge assets.

For more information about Openstream.ai, visit www.openstream.ai or follow the company on LinkedIn.

Media Contact
(908) 685-5844
[email protected]

SOURCE Openstream.ai

RED BANK, N.J., Sept. 30, 2025 — When disaster strikes, REVA PROJECTS LLC offers more than just shelter; it offers dignity, safety, and hope. Inspired by personal challenges, founder Mariya Reva-Tamburrino turned crisis into purpose, designing innovative, rapidly deployable shelters that prioritize people’s needs – and their humanity.

REVA PROJECTS LLC provides temporary shelters for humanitarian assistance and disaster relief. Reva shelters are designed to address homelessness, refugee crises, extreme weather occurrences, and other emergency situations.

“The concept was born in 2012 after Superstorm Sandy when my parents were stuck in an apartment building in Brooklyn, New York for a week,” said Reva-Tamburrino. “They had no heat, no power, and were sharing food with their neighbors. They could not evacuate because they had pets, and other neighbors had medical conditions that would have made it impossible to live in a group housing setting. That’s when the idea clicked of building shelters that ensure privacy and personal needs are met in times of emergency.”

The REVA PROJECTS team designed modules that can be installed as individual lodgings or combined into multiple-unit dwellings. Each structure was carefully planned to allow assembly by two people in under three hours. The Reva Cold Shelter, designed by Max Borshchevskiy for REVA PROJECTS, is the company’s inaugural product.

“The modules can be assembled with gloves on in arctic settings,” Borshchevskiy said. “The applied aluminum grade ensures the frame remains durable yet lightweight. The material is recyclable, temperature- and corrosion-resistant, radiation-protected, and easy to clean. The front door of the structure can even be used as an emergency floatation device in case of a flood. We’re proud to say all materials used are sustainably sourced from NATO countries.”

The structure can endure temperatures as low as -22 degrees F/-30 degrees C. The sloped roof is aerodynamically shaped to withstand winds up to 180 mph/290 kph and to shed heavy snow loads. This design maximizes headroom inside the shelter, allowing for bunk beds to be placed along the south wall, where maximum natural light and heat are expected.

The top of the Reva Cold Shelter is shielded by marine-grade PVC vinyl. The soft cover also features waterproof zippers.

In extreme cold and high-altitude climates, the structure must be elevated and secured against winds. There are four footing options: rock, sand, mud/clay, and ice. Reva shelters can be deployed using any international power grid or generator and are capable of off-grid use. The Reva Cold Shelter supports add-on heating and air conditioning units and is operated by a power load center of 35 amps or more. Solar panels and battery systems are also available for sustainable off-grid power. Shelters feature interior LED lighting, which illuminates interior areas, while the reflective exterior offers visibility from evacuation vehicles.

The standard three-module configuration fits six people, has a 165-square-foot/15.329-square-meter interior, and weighs 1,940lb/880kg. REVA PROJECTS LLC developed a system that enables the frame to be flat-packed to fit within common shipping container sizes.

REVA PROJECTS LLC is a woman-owned international design studio and manufacturer of transitional architecture structures and emergency shelters, including the revolutionary Reva Cold Shelter, a customizable housing unit that adapts to the diverse requirements of those who need it most. Traditional disaster relief and temporary shelters often overlook the unique challenges of individuals in crisis. Many require space for pets, medical care, or mental health support – needs that demand privacy and adaptability. REVA PROJECTS LLC addresses these needs with a sustainable, environmentally conscious approach. The Reva Cold Shelter is built on cutting-edge design principles for enhanced thermal efficiency and structural integrity in arctic conditions. To learn more, visit RevaProjectsLLC.com.

Media Contact:
Shanna Schmidt
7324252429
[email protected]

SOURCE REVA PROJECTS LLC

Hughes Growth Equity Fund II, L.P. closes at $260 million – exceeding original target

CHICAGO, Sept. 30, 2025 — Hughes & Company, a private equity firm focused on healthcare software and technology-enabled services companies, announced the closing of its second private equity fund, Hughes Growth Equity Fund II, L.P. (the “Fund” or “Fund II”), at its hard cap of $260 million, exceeding its original target of $200 million.

“We are deeply grateful for the confidence shown by our existing investors and our new partners who joined Fund II,” said Travis Hughes, Managing Partner and Founder. “With their commitment comes a great responsibility to be thoughtful stewards of capital. For the last 15 years, we’ve been singularly focused on helping grow companies that improve our healthcare system. We are only scratching the surface with respect to the need and opportunity, and we are committed to our investors and portfolio leadership teams to continue building valuable companies that lower cost and improve efficiency within healthcare.”

The Hughes & Company investment team is comprised of healthcare industry experts, operators, and thought leaders, who have demonstrated an ability to create substantial value.

“To keep delivering strong results, we need to invest in more than just companies; we need to invest in our team and culture,” said Naile Kovuk, Managing Partner. “We’ve expanded our capabilities and will continue to deepen our bench so we can partner even more effectively with management teams as we aim to create lasting value.”

Founded in 2010, Hughes & Company has built a successful track record investing in healthcare software and technology-enabled services companies. The firm’s first fund, Hughes Growth Equity Fund I, L.P. closed in 2021 at $116 million and backed multiple growth-stage companies, including its most recent exit, Azara Healthcare, a population health management software provider, which was sold to Insight Partners in late 2024.

Hughes & Company recently made its first investment from Fund II in a merger of Curvo and BroadJump, which together offer a unified spend management and analytics platform for hospitals and health systems. The newly combined organization delivers a powerful suite of tools designed to reduce costs, increase sourcing efficiency, and improve outcomes.

About Hughes & Company. Hughes & Company is a private equity firm focused exclusively on investments in software and technology-enabled services within the healthcare sector. The firm aims to partner with companies to drive growth and innovation, pairing strategic guidance and capital to scale solutions that improve patient outcomes and operational efficiency.

For More Information:
John Gonda
616-309-4888
[email protected]

SOURCE Hughes & Company

With shared services, coaching, and peer connection, the 18 funds in the 2025-2026 program will gain support to accelerate their success in market

SAN FRANCISCO, Sept. 30, 2025 — Recast Capital, a platform dedicated to investing in and supporting next-generation managers in venture, today announced the third cohort of Recast Accelerate, a catalytic program designed to drive the success of women and nonbinary-led early stage US funds in venture capital. Launched in early 2023 with the mission to help more next-generation managers raise and operate institutional-quality funds, Accelerate blends unique support, knowledge, and community to unlock lasting impact. Participants gain access to essential firm-building resources, a network of key service providers, peer learning, complimentary executive coaching, and capital in support of each fund’s backend operations.

The Fall 2025 cohort welcomes GPs from 18 funds; 28% have at least one GP who is Black, 17% Asian, 11% LatinX, 6% LGBTQ, and 28% first generation US citizens. The participating funds are headquartered across the US, and over half of the managers are raising a Fund I. Sectors of fund focus vary across verticals including, but not limited to, artificial intelligence, climate tech, enterprise, fintech, future of work and health & wellness.

The third cohort of Recast Accelerate includes:

A selection committee of limited partners with experience working with next-generation managers in venture supported the review process, including Ashlie Tyler of Bank of America, Geoffrey Abrahams of The Harry and Jeanette Weinberg Foundation, Margot Kane of Spring Point Partners, Matt Rho of Avivar Capital, Regina Cho of Crewcial Partners, and Akobe Sandy of MassMutual.

Building upon the success of and learnings from the first two cohorts, Cohort III participants will have expanded access to Recast Capital’s network of shared service providers. Accelerate covers the cost of critical functions, including investor relations, AI and automations support for operational efficiencies, pitch refinement, and sales workshops.

“Every new Accelerate cohort is a reminder of why this work matters. Each manager brings an extraordinary blend of talent, grit, and vision; qualities our industry needs now more than ever,” says Courtney McCrea, Co-Founder and Managing Partner. “Since day one, our mission has been to break down barriers that have historically limited access for next-generation managers and to demonstrate that investing in diverse perspectives strengthens returns and the ecosystem as a whole. Accelerate is integral to our driving lasting change in venture.”

“Over the past two cohorts, we’ve seen how this program accelerates the success of stellar managers, helping them build highly competitive firms with staying power,” says Sara Zulkosky, Co-Founder and Managing Partner. “With this third cohort underway, I’m grateful for the managers who have trusted us as partners in their journey and so appreciative of the LPs, advisors, coaches, and partners who have rallied behind Accelerate. Still, this is only the beginning. Reshaping the venture capital ecosystem takes persistence and collective action. I encourage the LP community to connect with us, meet these remarkable managers, and find ways to be part of this momentum.”

Recast launched Accelerate to test the hypothesis that increasing female representation in VC general partner positions will increase VC funding to women and other underrepresented founders. As such, Recast is collaborating with the Milken Institute to study the impact of this program. After two years of gathering quantitative and qualitative data from the first two Accelerate cohorts, Milken recently published The Missing Billions, Analyzing the Impact of Women-Led Fund Managers.

The results in the report are powerful. Nearly half of the companies funded by Accelerate participants have at least one female-identifying founder or CEO, well above the industry average of 25%. Further, a third of these companies include a first-generation US citizen in their leadership, 17% include one or more women of color, 9% include LGBTQIA+ persons, 3% include disabled persons, and 2% include veteran founders or CEOs. Notably, Accelerate participants reported not having challenges identifying startups with diverse founders, pointing to their networks and overwhelming dealflow of this kind.

The challenge that venture faces is not a talent shortage but disproportionate capital allocation. The report highlights how firms led by women manage less than 2% of global assets under management despite delivering performance equal to or better than their peers. By supporting women and nonbinary-led next-generation managers, Accelerate helps to spur investment activity in high-potential areas by providing the resources and support that help talented managers build enduring franchises.

Early support for Accelerate comes from Pivotal Ventures, a Melinda French Gates company. The Accelerate participant experience is also supported in 2025 by our partners Strut Consulting, Gunderson Dettmer, Sydecar, Mercury, Antares Capital, Banc of California, Standish Fund Management, Frank, Rimerman & Co., and Withum.

Recast Accelerate is a fiscally sponsored project of New Venture Fund, a 501(c)(3) public charity. Recast is looking to bring additional funders on board to broaden the program’s reach, include more managers in future cohorts, and provide more funding to the managers.

To learn more about Recast Accelerate and explore how you can get involved, visit: https://recastcapital.com/accelerate/ and reach out to us via email at [email protected].

About Recast
Recast Capital is a 100% women-owned venture capital platform that invests in and supports top-tier next-generation funds, focusing on managers with compelling backgrounds outside the norm. The platform was built to drive returns and create substantive change in the venture industry.

Founded by seasoned, institutionally-trained fund investors Courtney McCrea and Sara Zulkosky, Recast Capital leverages its deep network and exceptional track record to provide its limited partners diversified exposure to top-performing next-generation managers, as well as access to a pipeline of the future’s industry-leading franchises.

Recast’s GP Programs serve as a powerful complement to its fund investment strategy, providing learning and development opportunities for next-generation managers in venture. These efforts underscore Recast’s commitment to supporting the growth of a venture community that includes investors from a range of backgrounds that are identifying the industry leading companies of tomorrow.

Learn more at www.recastcapital.com.

Media Contact
Frank Spence
[email protected]
(415) 294-1157

SOURCE Recast Capital

NEW YORK, Sept. 30, 2025 — Notable, the market leader in pay-at-close financing for home sale prep, today announced it raised a $6 million Series A funding round led by W. R. Berkley Corporation, with participation from Second Century Ventures. As part of the investment, Clare Tokheim of W. R. Berkley Corporation will join Notable’s Board of Directors.

Every year, U.S. homeowners spend an estimated $75 billion preparing properties for sale—yet many sellers cut corners or delay improvements because of upfront costs. At the same time, buyers rank move-in ready as their #1 priority. This mismatch leaves agents in a bind: their listings risk sitting on the market longer or their sellers leave money on the table.

Notable solves this problem by offering sellers a simple line of credit that’s repaid at closing. Through partnerships with more than 100 leading brokerages—including Compass, Redfin, and The Agency—Notable has already helped 35,000+ homeowners unlock over $1 billion in credit to maximize their sale. In the process, Notable’s white-label programs have become a real estate agent’s secret weapon in empowering their clients to present their homes in the best light. On average, homes prepared with Notable sell 31% faster and for 9% more than market benchmarks.

“We’re creating the infrastructure for a modern, optimized real estate transaction,” said Austin Lane, CEO and co-founder of Notable. “Buyers want move-in ready homes, and agents want a way to win listings and deliver results. Notable gives them a clear way to do exactly that. We’re excited to welcome W. R. Berkley Corporation as a partner and thrilled to have Clare joining our board.”

The new capital will accelerate Notable’s expansion across its rapidly growing network of agents and service professionals, while fueling development of new homeowner products that will extend Notable’s value beyond the transaction to every stage of ownership.

“Notable is exactly the kind of business we look to back: one with real adoption, embedded distribution, and the discipline to scale sustainably,” said Clare Tokheim of W. R. Berkley Corporation. “They’re building something with staying power—and we’re excited to be part of the journey.”

Second Century Ventures, the strategic investment arm of the National Association of REALTORS^®, brings additional industry reach. “Offering pay-at-close financing has quickly become table stakes for top agents. Notable is setting the standard,” said Tyler Thompson, Managing Partner.

Despite broader real estate headwinds, Notable grew its agent footprint by more than 400% in the past year and is on track to accelerate that pace into 2026.

To learn more about Notable’s loan programs and their terms, visit https://notablefi.com/help.

About Notable

Notable is the market leader in pay-at-close financing for home sale preparation, helping homeowners unlock the full value of their properties without upfront cost. Through partnerships with more than 100 top brokerages—including Compass, Redfin, and The Agency—Notable has enabled over 35,000 homeowners to access more than $1 billion in credit for improvements like staging, painting, and repairs. Through its growing network of real estate agents and service professionals, Notable is creating the infrastructure for a modern, optimized real estate transaction and building new financial tools to support homeowners at every stage of ownership. For additional information, visit www.notablefi.com

Media Contact
Briana Olshock
[email protected]

SOURCE Notable