VERO Announces Growth Equity Round Co-Led By Fifth Wall And Sunriver Capital Partners

—With meaningful participation from Rebuild Capital, the investment and newly appointed leadership positions VERO to accelerate product innovation, scale operations, and deepen market traction—

NEW YORK, May 20, 2025 — VERO—the modern screening and leasing platform for owners and renters—today announced a significant growth equity round co-led by Fifth Wall and Sunriver Capital Partners, with meaningful participation from Rebuild Capital. This strategic partnership brings together leading firms to distinctly bolster VERO’s position in the market. The capital will enable the company to accelerate product development, enhance go-to-market initiatives, and solidify its role as the foundational layer within the modern property tech stack — optimizing the owner and renter experience. This round follows VERO’s $9M Series B, led by Fifth Wall, which closed in April 2023.

“VERO sits at one of the most critical junctures in the renter journey — right at the point where real, verifiable information enters the system. That moment isn’t just about screening; it sets the stage for everything that follows, from insurance and deposit alternatives to the move-in experience,” shared Magnus Vik, Co-President & Chief Operating Officer, Fifth Wall. “VERO isn’t a point solution, it’s the gateway to an entire ecosystem. We’re thrilled to double down on our investment in VERO and look forward to supporting them as they continue redefining how the industry serves owners and renters.”

As VERO enters its next chapter, Travis Gibson has joined the company as Chief Technology Officer. An early engineer at Marqeta—the global leader in modern card issuing—Gibson played a pivotal role in scaling the company’s Digital Banking product suite through hypergrowth and IPO. He later founded Proper, a Y Combinator-backed FinTech startup, which was acquired by Intuit in March 2024. More recently, Gibson has been focused on helping public companies modernize their legacy tech stacks and elevate overall product performance.

Gibson joins a seasoned leadership team that includes Jamey Rosamond, Co-Founder and Managing Partner at Sunriver, who now serves as Chief Executive Officer of VERO. Rosamond brings more than two decades of experience operating and investing in high-growth companies across the real estate tech, insuretech, and construction tech sectors. Prior to founding Sunriver, Rosamond served as Chief Operating Officer of RentPayment.com, leading the company through its acquisition by MRI Software, and before that as Chief Operating Officer of RadPad, which was acquired by Priority Technology Holdings. Rounding out the team is Jeff Cate, VERO’s Chief Financial Officer, who brings deep expertise in finance and operations, having held senior roles at Appspace, Hayman Capital Management, and Atlas Capital.

“With a proven track record of building and scaling category-defining financial products, leading high-performance engineering teams, and driving innovation across both startups and enterprise environments, Travis brings the vision and technical depth to accelerate VERO’s next wave of product growth,” stated Copley Broer, Co-Founder & Managing Partner at Sunriver. “This significant capital infusion—combined with a best-in-class leadership team and a robust pipeline—positions VERO to capitalize on its momentum and solidify its status as the category leader of choice for owner-operators.”

Lou Baugier—VERO’s founding Chief Executive Officer—will continue to support the company as a Senior Advisor, helping to guide its mission and long-term vision. Under Baugier’s leadership, VERO evolved from an early-stage startup into a trusted partner to several of the top 10 property management companies in the U.S. His transition marks a natural evolution as the company enters its next phase of growth. Supporting this next chapter, VERO has strengthened its Board of Directors with the addition of Vik, Broer, and Jeremy Kaner, Founder and Managing Partner of Rebuild Capital.

VERO’s platform has become increasingly valuable to many of Fifth Wall’s Limited Partners operating across the single-family and multifamily sectors. Kristy Simonette, Senior Vice President of Strategic Services and Chief Information Officer at Camden Property Trust, said, “As the industry moves past favorable cap rate dynamics, success now relies on execution and partnering with platforms that deliver measurable results. We constantly evaluate every partner based on ROI, and VERO stands out. It streamlines our leasing process, catches fraud early, and ensures we place the right residents in our apartment homes. It’s essential in today’s operating environment.”

VERO is a purpose-built platform designed to streamline residential leasing by mitigating risk, accelerating leasing velocity, and consolidating fragmented vendor relationships. In a market where owners and operators often rely on incomplete risk proxies, and applicants face outdated, invasive processes, VERO offers the modern, centralized solution that works for both sides of the lease.

As the first and only platform to fully automate the verification of prior residency and applicant qualifications, VERO eliminates manual workflows while improving accuracy, compliance, and operational efficiency. By unifying every step of the leasing process—from screening to signing—into one fraud-proof system, VERO helps increase net asset value, reduce risk, and deliver a faster, more transparent experience for both property teams and renters. Today, VERO is live across a rapidly growing footprint of properties, has flagged tens of thousands of fraudulent applications, and has screened hundreds of thousands of applications — a testament to the accelerating demand for modern leasing infrastructure.

About VERO
VERO is the modern screening and leasing platform purpose-built for owners and renters. Acting as the foundational layer of the residential leasing stack, VERO helps operators reduce risk, increase velocity, and streamline workflows by consolidating fragmented tools into one centralized system. As the only platform to fully automate applicant and residency verification, VERO eliminates manual processes while improving compliance, accuracy, and fraud detection. By unifying the leasing journey—from screening to signing—VERO delivers a faster, safer, and more transparent experience for property teams and renters alike. Learn more at sayvero.com.

About Fifth Wall
Founded in 2016, Fifth Wall, is the largest asset manager investing at the intersection of real estate and technology. With approximately $3B in commitments and capital under management, Fifth Wall is backed by a global mix of more than 110 strategic limited partners from 20-plus countries, including BNP Paribas Real Estate, British Land, CBRE, Cushman & Wakefield, Hilton, Hines, Host Hotels and Resorts, Kimco Realty Corporation, Lennar, Marriott International, MetLife Investment Management, MGM Resorts, Related Companies, Starwood Capital, and Toll Brothers, amongst others. This consortium represents one of the largest groups of potential partners in the global built world ecosystem, resulting in transformational investments and collaboration with portfolio companies to improve efficiency and maximize returns. Founded in Los Angeles and headquartered in New York City, Fifth Wall’s other offices include San Francisco, London and Singapore. For more about Fifth Wall, its Limited Partners and portfolio, please visit fifthwall.com.

About Sunriver Capital Partners
Sunriver Capital Partners bridges the gap between traditional venture capital and private equity. We provide growth capital to mid-stage technology companies with proven business models that may not fit conventional funding frameworks. Sunriver is deeply focused on the technologies that are changing traditional industries such as real estate, construction, and insurance, and our experienced internal operations team ensures that we bring more than just capital to our portfolio companies. Sunriver is based in Dallas. For more information, please visit sunrivercap.com.

About Rebuild Capital
Rebuild Capital is a special situations investment firm focused on Built World technology companies and takes a hybrid VC/PE approach to strategic investing across the real estate and construction technology landscapes. Rebuild Capital partners with our strategic LPs and deep bench of operating partners to provide portfolio companies with an ecosystem where they gain access to the guidance, relationships, customers and capital needed to succeed. Rebuild invests across the entire company lifecycle, from early-stage incubation to late-stage turnarounds, providing tailored capital solutions that match each portfolio company’s unique growth trajectory and operational needs. For more information, please visit rebuildcapital.com.

SOURCE VERO

FanBasis Raises $20M Series A to Power the Next Generation of Digital Businesses

The full-stack growth infrastructure for internet entrepreneurs—FanBasis is now backed by Left Lane Capital and leading internet investors

MIAMI, May 20, 2025 — FanBasis, an end-to-end ecosystem powering digital businesses, today announced a $20 million Series A funding round led by Left Lane Capital, with participation from notable celebrities and internet entrepreneurs Ryan Serhant, The Sidemen (via Upside Ventures), Gerard Piqué, and Connexa Capital.

FanBasis is redefining how creators build, manage, and grow high-margin, expertise-based businesses online. The platform unifies payments, fulfillment, course and community hosting, CRM, customer engagement, and business operations into one seamless tool—replacing the fragmented stack that most internet entrepreneurs rely on today. With FanBasis, creators can monetize and deliver in one place, operating with the sophistication of a full-scale business, not just a content channel.

“Creators and internet entrepreneurs don’t just need software—they need a platform that acts as a growth partner,” said Yash Daftary, Founder and CEO of FanBasis. “Today’s creators are building real businesses, and they need infrastructure that moves as fast as they do. FanBasis gives them that foundation. With this funding, we’re doubling down on our mission to power a new class of internet entrepreneurs—people turning expertise, community, and content into scalable, durable companies.”

From Content to Companies: The New Operators of the Internet Economy

The creators building on FanBasis span far beyond traditional influencers—they’re internet educators, consultants, course creators, and founders monetizing specialized expertise. What unites them is the need for professional-grade infrastructure to support what are now full-scale online businesses. Whether you’re a growth marketer selling paid advertising services, a fitness coach running challenges, or a consultant launching a digital community, FanBasis gives you the tools to build an enduring company.

FanBasis is already trusted by thousands of top digital operators worldwide that generate tens of millions monthly through the platform. With GMV tripling in the last few quarters alone, it has become the platform of choice for creators who prioritize ownership of their audience, brand, and operations.

“The creator economy is no longer about side hustles—it’s about full-scale digital businesses,” said Matt Hobbs, CFO at FanBasis. “FanBasis has shown the industry what a modern creator platform for digital products and services should look like—a solution that gives entrepreneurs real ownership, operational clarity, and the ability to grow and manage everything in one place.”

A Growing Movement of High-Profile Backers

FanBasis’ investor lineup reflects its deep roots in internet culture and its ambition to shape the future of online entrepreneurship. Alongside Left Lane Capital, backers include Ryan Serhant, a top real estate entrepreneur and media personality; KSI, Vikkstar, Zerkaa, Miniminter & The Sidemen via Upside Ventures; and Gerard Piqué, an international footballer turned investor and operator.

“FanBasis has captured a powerful shift within the creator economy—the rise of knowledge-based entrepreneurs,” said Matthew Miller, Partner at Left Lane Capital. “While much of the industry has centered around social influencers, FanBasis is building the foundation for high-value creators who monetize their expertise through coaching, courses, and webinars. By focusing on this more enterprise segment, they are paving the way for a new generation of creators—those building real revenue streams around specialized skills and insights. Many FanBasis creators earn millions of dollars per year.”

Fueling Product Innovation and Global Reach

With this funding, FanBasis will accelerate its product roadmap, expand its team, and grow its international footprint. Key initiatives include:

  • Launching revenue tools that transform how entrepreneurs package and sell expertise
  • Building analytics that surface which customer touchpoints drive business growth
  • Expanding fulfillment features that turn complex delivery into one-click operations
  • Scaling global infrastructure to better serve businesses at every stage

“Our goal is to take the complexity out of running a digital business, so creators can stay focused on what they do best,” said Alisha Mody, Chief Product Officer at FanBasis. “This funding gives us the fuel to move faster and double down on what’s working—whether it’s smarter revenue tools, data-driven analytics, or one-click fulfillment systems. We’re building the infrastructure layer behind modern digital businesses, helping creators operate at the level their ambition demands. And we’re just getting started.”

About FanBasis
FanBasis is the all-in-one payment, fulfillment, and business infrastructure for internet entrepreneurs building digital businesses. Built for creators and internet-first businesses, FanBasis combines payments processing, fulfillment, course and community hosting, customer engagement, and business operation tools into one seamless platform. Whether selling digital products, subscriptions, or services, users rely on FanBasis to monetize, deliver, and scale—all in one place.

For more information, visit www.fanbasis.com

About Left Lane Capital
Founded in 2019, Left Lane Capital is a New York and London-based venture capital and growth equity firm investing in high-growth internet and consumer technology businesses globally. Left Lane’s mission is to partner with extraordinary entrepreneurs who create category-defining companies across growth sectors of the economy. Select investments include Bilt Rewards, Olipop, Talkiatry, Wayflyer, M1 Finance, Blank Street, Kings League, and more.

For more information, visit www.leftlane.com

SOURCE FanBasis

Moddule, the Supply Chain’s Carrier-Agnostic Visibility Platform, Announces Seed Round as Customer Demand Rises

Funding will accelerate development of customer-focused tools including AI integration, streamlined user onboarding, and growing customer success and sales teams to meet surging demand.

SEATTLE, May 20, 2025 — Moddule, the solution that integrates any logistics management system into a single white-labeled platform, today announced that it has raised an $1.5M pre-seed round. The new funding comes as demand for Moddule’s platform has skyrocketed; the company’s revenue has grown 6x since September 2024 and contract values have increased by as much as 11x in the first 3-6 months of a customers’ use of the platform.

Across the roughly $23B global supply chain management market, logistics service providers (LSPs) of all sizes struggle with integrating disparate transportation, freight, and warehouse management systems. This fragments operations and creates costly inefficiencies, delaying shipments and increasing costs to them, their customers, and consumers. Moddule’s entirely carrier-agnostic platform closes this gap, integrating seamlessly with any management system and sitting on top of a company’s tech stack to ensure LSPs can find their customer’s data and use it to better serve them.

“The last 5 years have shown that supply chain disruption and challenges are becoming the new normal. Having an integrated, reliable tech stack to easily find and utilize customer data is no longer a nice add-on feature; it’s a requirement to be successful,” said Hans Elmegaard, Co-founder and CEO of Moddule. “As the supply chain’s carrier-agnostic platform, this round means that more LSPs can make this a reality, especially smaller and midsize enterprises that often don’t have the resources for a global team or broader investment in supply chain technology.”

The round is led by Argon Ventures, with participation from Signal Ventures, Motion Ventures, Incisive Ventures, R7 Ventures, and Companyon. The new funding will be used to continue expanding the Moddule platform’s offerings, including streamlining customer onboarding, adding more user customization, and developing AI-powered integrations. Following outstanding growth over the past two quarters the company will also expand its operations and footprint. This will include growing its customer success and sales functions to provide more companies with full visibility of their supply chains in a nimble, cost-efficient way. 

“We want to work with companies and founders that are solving meaningful, systemic challenges in their fields. Moddule exemplifies this, using deep logistics experience to address the fragmented visibility of supply chains,” said Bob Mason, Co-founder and Managing Partner, Argon Ventures. “Moddule’s carrier-agnostic platform directly empowers its customers and its customers’ customers, redefining supply chain management for businesses of all sizes.”

“At Motion Ventures, we look for teams that blend deep sector expertise with transformative tech. Moddule’s rapid growth proves they’ve found the right market fit at the perfect time, integrating fragmented systems for actionable intelligence that unlocks new levels of strategic collaboration across the supply chain,” said Anders Vartdal, Investments, Motion Ventures. “We’re thrilled to back them as they redefine what efficient, customer-centric supply chains look like.”

“Through our time getting to know Moddule we saw their platform evolve. It can be onboarded easily and in good time but still deliver on all our various requirements as a Global Freight forwarder. It has become invaluable to our team,” said Adam Rake, Operations Manager at LSP Cory Brothers Limited, a subsidiary of VertomCory. “Their ability to bring unified, streamlined solutions speaks to the team behind it. Moddule is very much built by LSPs, for LSPs.”

Moddule co-founders Hans Elmegaard, Kasper Hansen, and Ben Jones set out on a mission to build a technology platform that addresses the real-world challenges faced by logistics and supply chain leaders. With over half a century of combined experience in the industry, they are focusing on what matters to these leaders: building relationships, maintaining trust, and consistently delivering on promises. The result is a carrier agnostic visibility tool that helps these professionals develop the most important strategic and personal aspects of their business, providing better value to customers and helping them grow their own book of business. To learn more about Moddule’s platform and solutions, visit www.moddule.com.

About Moddule® 

Moddule® is a supply chain software platform that unifies a logistics service provider’s internal systems, as well as third-party solutions, into a single, white-labeled platform. With Moddule, providers and their customers can track shipments in real-time regardless of carrier, manage e-commerce orders from any source, and consolidate global inventory, all within a single interface. The result: a solution that increases efficiency without compromising the personal service that customers value, helping LSPs navigate the complexities of the modern logistics landscape.

For media inquiries, please contact: 

Manuel Venegas

[email protected]

818-294-5817

SOURCE Moddule

Sweep Raises $22.5M in Series B Funding Led by Insight Partners to Help Businesses Stay Ahead with an Agentic Workspace for GTM Systems

The round accelerates Sweep’s agentic platform, giving enterprises the clarity and momentum to move faster.

NEW YORK, May 20, 2025 — Sweep, a leading agentic workspace for business systems, today announced $22.5 million in Series B funding led by global software investor Insight Partners with participation from Bessemer Venture Partners, both Sweep insiders. The funding will fuel continued product innovation, extend Sweep’s agentic layer across platforms like Salesforce and HubSpot, and support growth across engineering, go-to-market, and customer success teams. By embedding intelligence directly into these systems, Sweep enables companies to maximize their platform investments without adding headcount or relying on outside services.

As AI accelerates the disruption of operational infrastructure, go-to-market teams and their leadership risk falling behind by clinging to the status quo—relying on outdated tools and reactive workflows that stall growth. Trusted by industry leaders like LG Electronics, Mass General Brigham, Brex, NBC Sports, Exiger, and Wix, Sweep combines agentic AI with a dynamic visual workspace, giving revenue and operations teams the clarity, control, and adaptability they need to keep systems continuously aligned and evolving in real time.

In the era of AI, Sweep has been engineered for what’s next. This round positions the company to meet rising demand for systems that can learn, adapt, and scale intelligently. By providing radical transparency, real-time analysis, and precision accuracy, Sweep’s technology offers a strategic opportunity to enterprise leaders looking to stay a step ahead.

“AI has completely reset the field—for systems teams, revenue leaders, and executives—yet too many organizations are still running last year’s playbook, and they know that means they’re already behind,” said Ido Gaver, co-founder and CEO of Sweep. “Our customers never have to worry about that gap. With Sweep, GTM systems are adaptive, learning, and fast. Our agentic workspace delivers instant clarity and self–evolving workflows, keeping customers permanently ahead of whatever comes next.”

Sweep’s agentic layer continuously monitors metadata across systems including Salesforce and HubSpot, with upcoming support for Marketo, NetSuite, SAP, and Snowflake. It then flags issues before they cascade and recommends or implements improvements in real time. Teams gain shared visibility, faster iteration, and operational clarity without waiting on tickets or audits.

Dylan Hughes, GTM Business Systems Lead at Brex—a modern spend platform trusted by over 30,000 companies—shared the impact Sweep has had on their operations: “As an enterprise committed to continuous innovation, we needed a system that could keep pace—and Sweep has done more than that. Its intelligent agents surface friction points before they become bottlenecks, and the visual workspace makes cross-functional collaboration seamless. Sweep has elevated our Systems team from a support function to a strategic driver of growth.”

“Agentic AI is the next foundational shift in enterprise software, and Sweep is helping define what that looks like,” said Jeff Horing, Co-founder and Managing Director at Insight Partners. “Sweep is going beyond workflow automation by building an intelligent, adaptive layer that keeps GTM systems aligned, efficient, and ready for what comes next. They’re quickly becoming the new standard for enterprises.”

Adam Fisher, Partner at Bessemer Venture Partners added, “The market is flooded with AI claims, but Sweep’s approach to agentic AI is grounded in real operational intelligence. They bring both the context and control needed to drive business agility and sustained growth.”

Sweep’s suite of agents currently includes:

  • Process Agents – uncover bottlenecks and prioritize high-impact changes.
  • Monitoring Agents – detect misalignment, broken logic, and governance risks.
  • Documentation Agents – autogenerate and maintain real-time, auditable system documentation.
  • User Support Agents – deliver contextual support to Salesforce users, improving adoption and reducing admin load.

Don Heikka, Director of Enterprise Systems at SailPoint—an identity security leader serving thousands of global enterprises—shared how Sweep accelerated critical internal automation without burdening engineering teams: “Sweep was instrumental in allowing us to complete a significant project dependent on analysis of a business process and dependent fields, and automation supporting this change without having to bring on additional resources or impact our current development cycle. Additionally, Sweep has allowed us to automate and administer our notification process again without having to use our development resources.”

The experience of customers like Brex and SailPoint reflects a broader shift in how companies are harnessing advancements in AI— not just to automate tasks, but to enable systems that think, adapt, and move in step with the business. By embedding intelligence at the system level, Sweep empowers teams and transforms GTM operations into a living layer of clarity and control. As the agentic AI era accelerates, Sweep gives companies the infrastructure they need to evolve in real time, eliminate friction before it starts, and stay ahead. To learn more, visit www.sweep.io.

About Sweep:
Sweep is an agentic workspace built for enterprise teams that need their systems to stay ahead of change – not just keep up with it. Built on agentic AI, Sweep delivers real-time metadata intelligence across platforms like Salesforce and Hubspot, surfacing friction and replacing static, reactive processes with a dynamic system that thinks, adapts, and acts. Its visual workspace and intelligent agents empower go-to-market teams to find and fix friction fast, automate what slows them down, and continuously evolve with the business. With Sweep, operations become a force for momentum – not maintenance. Founded in 2021, Sweep is trusted by innovators at LG Electronics, Mass General Brigham, Brex, NBC Sports, Exiger, and Wix. Learn more at www.sweep.io.

About Insight Partners:
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of December 31, 2024, the firm has over $90B in regulatory assets under management. Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and the Bay Area. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with tailored, hands-on software expertise along their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on X @insightpartners.

SOURCE Sweep

Adaptation Ventures Launches First-Ever U.S. Angel Group Dedicated to Disability and Accessible Tech

NEW HAVEN, Conn., May 20, 2025 —  Adaptation Ventures today announced the official launch of the nation’s first angel group exclusively focused on early-stage disability and accessible technology startups. This pioneering initiative aims to unleash innovation in one of the world’s largest and most overlooked markets, supporting entrepreneurs who are building transformative solutions to prevent disability and for the 1.7 billion people with mobility impairments, 430 million with disabling hearing loss, 285 million with visual impairments, and billions more with neurological and other conditions, so that they can live their best and most independent life.

A Market Ripe for Innovation and Impact

Nearly everyone will benefit from adaptive or assistive technology at some point in their lives. The global market for assistive technology is projected to reach $31.22 billion by 2030, powered by advances in artificial intelligence, digital infrastructure, and rising consumer demand for accessible products and services. With over $18 trillion in disposable income just among people designated as having a disability and their families, and a demonstrated 9x return on every dollar spent on assistive tech, the sector represents both a profound impact opportunity and a compelling investment thesis.

Despite the surge in mission-driven capital for women, climate, and underrepresented founders, there has been no dedicated angel group for disability and accessible tech startups –

until now.

A Proven Model, Led by Sector Experts

Adaptation Ventures will offer members 16+ curated investment opportunities each year, with a focus on leading pre-seed rounds and co-leading or participating in seed rounds across a sector-agnostic portfolio. The group’s collaborative model includes quarterly meetings, rigorous diligence, and active member engagement through sourcing, networking, and educational events. Members and portfolio companies will benefit from a vibrant community featuring a speaker series, office hours, and both virtual and in-person gatherings.

Leadership with Lived Experience and Industry Clout

Adaptation Ventures is helmed by Brittany and Rich Palmer. Brittany, a congenital bilateral below-elbow amputee, is an Advisory Board Member at Perkins School for the Blind’s Howe Innovation Center, attorney, and founder of Beeyonder – a virtual tour company that brought true equal access to travel. Rich, a brain aneurysm rupture survivor, was a Board Member of the Angel Capital Association, former Managing Director at Launchpad Venture Group, and co-founder of Gravyty – a leading AI company for social good which successfully exited. Both bring deep sector expertise, global operational insight, and a track record of successful exits and angel investing.

A Call to Action for Investors and Innovators

“Investing in accessible technology that supports people with disabilities, and other conditions which require adaptation, to live their best and most independent life is the next frontier for both impact and returns,” said Brittany Palmer, co-founder of Adaptation Ventures. “We’re building a platform that not only funds innovation, but also fosters a community of leaders, founders, and investors committed to making the world more accessible for all.”

Adaptation Ventures welcomes members, partners, and sponsors who share its vision: achieving market-rate returns while driving meaningful change in the lives of billions.

About Adaptation Ventures

Adaptation Ventures is the first angel group in the U.S. dedicated to funding early-stage disability and accessible technology startups. The Managing Partners have been on all sides of the table with experience as angel investors, exited founders, persons with disabilities, and national angel investing leadership. Adaptation Ventures is committed to advancing innovation and impact in the growing disability and accessible technology sector.

For media inquiries, membership information, and sponsorship or partnership opportunities, please contact:

Adaptation Ventures

203-539-0885

[email protected]

Key Facts:

            •           First U.S. angel group focused on disability and accessible tech

            •           $18+ trillion in global disposable income among people with disabilities

            •           9x ROI per dollar spent on assistive tech

            •           $31.22 billion global assistive tech market by 2030

            •           Led by sector experts with lived experiences and successful exits

Adaptation Ventures is funding a more accessible future, where innovation and impact go hand in hand.

SOURCE Adaptation Ventures

Details Launches Inventory Management with a Twist, Simplifying Procurement for Orthodontists

INDIANAPOLIS, May 20, 2025 — Orthodontic Details, the leading orthodontic supply ordering platform, today unveiled Details Dots, a user-friendly inventory management tool that gives practices easy control over supplies. Unlike traditional inventory management solutions, Details Dots requires no additional equipment, and is integrated directly into the Details ordering platform.

“I swore we wouldn’t build an inventory management product,” said Details Co-Founder Nick Wangler. “Not unless we could do it without practices needing expensive scanners, a training manual, and tons of staff time.”

Existing inventory management solutions typically require practices to buy physical scanners, manually add each product, scan individual products in and out, and keep an obsessive process in place – all adding to the workload of busy clinical staff members.

“My staff and I shared with Nick what we wanted in an inventory management system, and two weeks later he flew to our office to get feedback on what their team had created,” shared orthodontist Nicole Scheffler, DDS, MS. “For years, I’ve wished something like Details existed, and so to see it coming together firsthand, and have the opportunity to directly add to its development is awesome.”

Details Dots was created based on interviews with orthodontic practices, as well as the experience of Details’ VP of Practice Success, Carrianne Garrison. “When I was at Smile Doctors, I spent countless hours in the trenches, helping hundreds of offices improve their inventory management process. So, we built the tool I would have killed to have!”

Here’s how it works: Because the Details system already knows what products a practice orders, staff can easily select which products they want to track, and print a “Details Dot” for each of them. Each Dot includes basic information about that product, as well as a custom QR code which can be scanned by any smartphone or iPad.

When products are removed from storage, staff simply scan the Details Dot, which opens that product in Details. Staff can see how many are still “on-hand,” quickly deduct the number they’re taking, and move on with their day. Once a product is removed from back storage, it’s no longer considered on-hand.

If the on-hand number is approaching the “minimum” set by the practice, the interface turns yellow, indicating low stock, and red when they’re out of stock. The staff member can quickly reference their typical order size, and add more of that product to the cart with a tap. Visuals of how this works can be viewed on the company’s website.

“You simply scan, tap, and relax,” shared Details’ Co-founder Jeff Biggs, DDS, MS. “Scan the Dot, tap to indicate how many you’re taking, and then relax knowing the system will alert you when you’re running low.”

“Finding the balance between staying fully stocked without overordering (and overspending) is mission critical in a practice,” orthodontist Alexandra Chamberlain-Umanoff, DDS, MS added. “Being able to track usage and spending data, while also anticipating future growth is tricky – you really need a system like this that’s easy to understand and update for the entire team.”

Practices can also set on-hand minimums, maximums, and current inventory counts using an easy-to-use interface within the Details ordering platform. When new products arrive, staff simply tap on that order in their Delivery Checklist to indicate the order arrived, updating the on-hand inventory automatically.

“What good is an inventory management solution if staff doesn’t use it?” shared orthodontist Andy Sarpotdar, DDS, MS. “Before Details, we’d tried the traditional scanning systems, and old-school processes, but none of it was sustainable. When we joined Details, I shared that inventory management would be a natural next step, and I love what they’ve created – this is what I wanted all along.”

For those practices already using a “tag” system, where a product tag is taken from storage and given to ordering staff when it’s time to reorder, Dots makes the process even easier. No manual tag creation is required, simply use the Dots as your tags, and ordering staff can simply scan the Dot to reorder.

“We’ve not reinvented the wheel,” shared Biggs. “We simply listened to our customers and created a solution that solves the pain they felt in their practice. That’s one of the joys of being a technology company – we can listen for pain, quickly create solutions, and then roll those solutions out to customers rapidly.”

Details Dots and the integrated inventory management system are included in current Details members’ subscription at no additional charge. Details’ members who purchase an annual subscription will also receive a complimentary iPad for managing inventory. Members will also receive complimentary inventory management training for their staff, which can be scheduled in the new “Inventory” tab in their Details account.

New Details members can also receive the inventory system and training at no additional cost for a limited time.

Media Contact:
Nick Wangler
8152524159
[email protected]

SOURCE Orthodontic Details

Coworker.ai Launches the First AI Agent with Deep Company Context, Backed by $13M Seed Round

  • Coworker, a “Manus for Companies,” is an autonomous AI agent that gives answers and completes complex work based on a deep understanding of a company’s internal data and knowledge – see it here
  • Powered by Organizational Memory (OM1), a proprietary memory architecture that acts like a company’s brain, Coworker retains accurate information across 120+ business parameters, providing the critical context that is missing from other AI tools

SAN FRANCISCO, May 20, 2025 — Coworker.ai has today announced the launch of the world’s first AI agent that can independently research, plan, and execute complex work just like an experienced colleague. The company’s AI agent can answer, create plans, and execute complex, multi-step tasks across 25+ enterprise tools (like Jira, Slack, GitHub, and Salesforce), working as a reliable teammate that stays in sync with your team.

This is possible because Coworker is powered by OM1 – a proprietary memory architecture that tracks 120+ business dimensions like projects, teams, meetings, and documents and how they change, giving it full context of a company’s data, culture, and knowledge.

The launch is backed by a $13M seed round led by Jeff Huber, former SVP of Google Ads, Maps, and Workspace, now at Triatomic Capital. Other investors include Ramtin Naimi (Abstract Ventures), Mallun Yen (Operator Collective), Tim Young (Eniac Ventures), and Clark Golestani, Ken Hausman, and Jack Greenfield (K2 Access Fund). They join pre-seed investors Soma Capital, Focal VC, Mischief, and Karman Ventures, taking the total amount raised to-date to $16.5M.

Current AI tools lack context and understanding of a company’s internal knowledge

Despite the hype, AI tools haven’t lived up to the promise of making teams more productive. General-purpose LLMs are great at producing content based on public, internet-based information, but fail when internal company context is required. Specialized AI agents handle narrow tasks well, but can’t collaborate across teams or cross-department projects, leaving workflows fragmented and incomplete.

The result is that people waste hours re-prompting AI chats, uploading files and additional context, or correcting AI mistakes instead of doing meaningful work. Coworker acts like an AI teammate that deeply understands complex, cross-department work and can collaborate across the organization, turning one person into a team of tens, hundreds, or more.

“While there’s been a lot of progress in foundational model development and growing consumer AI applications, the open secret is that AI hasn’t had any real productivity impact inside companies yet,” said Alex Calder, Coworker.ai’s co-founder and CEO.

“That’s because so far AI has had very limited context on your company and work, which means it’s often unreliable and inaccurate, and ultimately difficult to trust with tasks.”

Coworker empowers teams throughout an organization:

  • Sales – analyzes sales calls, creates proposals, drafts follow-up emails, helping close deals more quickly
  • Engineering & Product – writes code, creates and reviews pull requests, automates release notes and tech docs, keeping developers focused on shipping new features
  • Customer Success – tracks feedback, analyzes health metrics, flags emerging risks, ensuring customers are addressed proactively
  • Leadership – generates real-time updates on team priorities, major issues and blockers, and company-wide trends, giving leaders a bird’s-eye view of top priorities

“We were blown away by Coworker’s architecture,” said Jeff Huber, Managing Director at Triatomic Capital. “The deep organizational context means it’s able to go far beyond surface-level answers to make it much more of an active teammate than an assistant. OM1 lays the groundwork for a whole new category of enterprise software.”

“One customer asked Coworker to help bring an engineering sprint back on track,” said Bradford Church, Coworker.ai’s co-founder and Chief Product Officer. “Coworker scanned Jira, Slack, and GitHub, noticed a lagging feature build, created a new ticket, and drafted the code. That’s a huge shift from what AI assistants can do.”

Since Coworker handles sensitive and complex information, it is built from the ground up with security, privacy, source accuracy, and data permissions in mind. This is backed by compliance with leading standards like SOC 2, GDPR, and CASA Tier 2.

“Coworker has helped me tremendously by allowing me to spend less time manually tracking and searching for information that is important to me. I’m constantly surprised by the insights I get from asking it questions. It is an important part of my daily workflow,” said Noah Tutak, CPO at Curri.

About Coworker.ai
Coworker is the world’s first general-purpose AI teammate that can research, plan, and execute complex work like an experienced colleague. Powered by a revolutionary memory architecture (OM1), Coworker helps teams focus on the most impactful and engaging work that really matters by automating the rest. Founded by former Uber executives, Alex Calder and Bradford Church, Coworker.ai is backed by leading Silicon Valley investors. https://coworker.ai/

Media Contact:
Nick Morris
+447775531593
[email protected] 

SOURCE Coworker.ai

Blooms Lands Seed Funding Led by SP Ventures to Revolutionize Trade Finance for the Produce Food Supply to the US

  • The US demand for produce is approximately US$100bn and the US imports a substantial portion of its supply.
  • Blooms uses AI to provide customized trade solutions to LatAm produce exporters that ship to the US and Canada and who offer sustainably grown fruits and vegetables and a path to lower the US´s food prices.

WILMINGTON, Del., May 20, 2025 — Blooms (www.bloomscapital.com), a fintech innovator focused on AI-driven trade finance, payments, and FX solutions for Latin American produce exporters supplying the US and Canadian markets, announced today that it has raised $2.6 million in seed funding. The round was led by SP Ventures, a leading VC specialized in agritech, with participation from Angel Ventures, The Yield Lab Latam, Eqwow Ventures, Glocal Managers, Mercy Corps Ventures, and others.

The funding will accelerate Blooms’ mission to solve liquidity challenges in Latin America’s agricultural sector. By equipping exporters with smarter financial tools, Blooms aims to strengthen the produce supply chain, reduce food waste, and contribute to more stable—and potentially lower—food prices in North America.

“For too long, Latin American exporters have faced funding barriers that limit growth,” said Francisco Mere, a serial tech entrepreneur and founder of Blooms. “This investment validates our vision to provide seamless, intelligent financial solutions that reduce waste, support sustainability, and deliver fresher, more affordable produce to North American consumers.”

Blooms leverages AI to offer fast access to working capital, simplify cross-border transactions, and provide tailored FX solutions. Its platform was built by experts in fintech, agtech, and data science, designed to improve cash flow, reduce inefficiencies, and enable growers to invest in sustainable farming and expansion.

“Blooms is solving a core bottleneck in Latin America’s ag value chain—access to agile, fair financial tools,” said Ariadne Caballero, Partner at SP Ventures. “Their AI-powered approach enhances exporter resilience, improves sustainability, and reduces food waste. This investment fits perfectly with our mission to back ag-tech companies advancing food security and climate-smart agriculture.”

Under the current uncertain and volatile environment, the investor coalition reflects broad support  for Blooms’ potential to drive sustainability, and regional economic growth

About Blooms:
Blooms (www.bloomscapital.com) delivers AI-driven trade finance, FX, and payment solutions for Latin American produce exporters. Its mission is to create a resilient, sustainable supply chain that reduces food waste and improves value for North American consumers.

About SP Ventures:
SP Ventures (www.spventures.com) is a leading Latin American VC firm investing in agri-food tech startups solving key challenges across the agrifood value chain.

Contact:
Anissa Roberts
[email protected]

SOURCE Blooms Trade Inc

Rad AI Announces Strategic Investments from Four Leading Health Systems to Advance Enterprise AI in Healthcare

SAN FRANCISCO, May 20, 2025 — Rad AI today announced an additional $8 million strategic investment to its latest funding round, led by four of the nation’s most respected health systems — Advocate Health, Memorial Hermann Health System, Corewell Health, and Atlantic Health System. The additional investment brings Rad AI’s total Series C funding to $68 million. These partnerships reflect a shared commitment to transform care delivery for millions of patients nationwide and to scale the use of generative AI across hospitals and clinics.

A Shared Commitment to Innovation and Scale

Advocate Health, Memorial Hermann Health System, Corewell Health, and Atlantic Health System are not just investors — they are partners shaping how generative AI is applied across complex clinical environments. Rad AI’s success has always come from understanding and solving real clinical challenges with measurable impact. As the first generative AI company to achieve widespread adoption in radiology — and trusted by thousands of U.S. radiologists — Rad AI builds practical solutions that improve workflow, care quality, and patient outcomes. This partnership brings critical insight from leading health systems to accelerate the next wave of AI-driven innovation in healthcare.

“The impact of AI in healthcare is no longer theoretical — it’s happening right now at scale,” said Doktor Gurson, co-founder and CEO of Rad AI. “It’s an honor to collaborate with these leading health systems to expand that impact even further, building solutions that improve care for millions of patients.”

“Advocate Health’s investment in AI solutions reflects our dedication to innovation and our belief that responsibly deployed AI tools can improve the lives of both our health care providers and our patients,” said Andy Crowder, Chief Digital and AI Officer at Advocate Health. “By integrating AI solutions directly into our radiologists’ workflows across our enterprise, while maintaining radiologist oversight, we expect to realize improved reporting efficiency, accuracy and quality, all while reducing burnout for our radiologists.”

This announcement extends Rad AI’s $60 million Series C financing round and marks a significant step forward in bringing AI innovation to healthcare providers. Collectively, these organizations operate over 100 hospitals and serve millions of patients across the U.S. Their partnership with Rad AI is already enabling system-wide adoption of advanced radiology and follow-up solutions — accelerating progress in areas where health systems face the greatest clinical and operational pressure.

Rad AI is one of the few AI companies solving end-to-end challenges for health systems—streamlining workflows and ensuring patients receive timely follow-up care. Its solutions support providers responsible for nearly half of all imaging volume in the U.S., helping radiologists work faster, reduce dictation load, and improve care quality.

“Memorial Hermann invests in AI not just to adapt to technology, but to transform patient care and improve workflows,” said Feby Abraham, PhD, executive vice president and chief strategy officer for Memorial Hermann. “We are always seeking partners who can deliver measurable impact on outcomes, efficiency and improving the patient experience and Rad AI checks all those boxes.”

Rather than offering standalone tools, Rad AI delivers an integrated solution to multifaceted clinical challenges:

  • Rad AI Impressions — the first generative AI application widely adopted in radiology — automates the impression section of reports, saving radiologists more than an hour per shift on average so they can focus their time where it matters most.
  • Rad AI Reporting enhances the full radiology workflow with features like Omni Unchanged, which pulls stable findings from prior reports with one phrase and cuts follow-up dictation time by 50% and spoken words by 90%. Omni Report enables radiologists to dictate naturally and auto-fills structured templates, up to doubling reporting speed and easing cognitive load.
  • Rad AI Continuity closes the loop on incidental findings by automatically tracking and coordinating follow-up care. Health systems using Continuity have improved follow-up exam completion rates from approximately 30% to over 75%, helping ensure critical findings don’t fall through the cracks.

Together, these tools enable a seamless path from diagnosis to action—supporting clinicians in delivering timely and coordinated care.

Millions of patients stand to benefit as Rad AI’s platform scales — through faster reporting, coordinated follow-up, and reduced delays in care. These health systems are accelerating that impact by embedding AI into core workflows, not as a future vision but as a present-day priority.

“We are pleased to invest in a company that is at the forefront of developing technology to make the jobs of physicians more convenient and efficient,” said Christian Rische, vice president and managing director, Corewell Health Ventures. “The products of Rad AI will help lead to a reduced workload for providers and, most importantly, potential improvements in patient care.”

Building on Momentum

This investment from some of the most innovative and well-known health systems represents strong alignment with Rad AI’s role as a trusted AI partner. It builds on Rad AI’s momentum as the category-defining leader in generative AI for healthcare — trusted by many of the nation’s largest health systems and recognized by Deloitte, CB Insights, AuntMinnie, and Accenture.

“The Atlantic Venture Studio, part of Atlantic Health System, is committed to investing in and supporting solutions to health care’s biggest challenges,” said Doug Hayes, Executive Director, Atlantic Venture Studio. “Our investment in AI applications like Rad AI are focused on transforming care by reducing the burden on physicians, improving the quality of care and building healthier communities.”

About Rad AI

Rad AI is an industry leader in generative AI solutions for radiology, transforming the way radiologists work and improving patient care. The company’s flagship product, Rad AI Reporting, streamlines radiology reporting with AI-driven technology and empowers radiologists to achieve greater efficiency, accuracy, and satisfaction. Rad AI Impressions, the company’s pioneering product, established Rad AI as an innovator in generative AI for radiology; as the first generative AI application to achieve widespread adoption in radiology, it is now trusted by thousands of US radiologists. Rad AI Continuity, the most comprehensive solution of its kind, uses AI to help ensure patient follow-up for potential new cancers.

The company has been recognized as one of the most promising healthcare AI companies by CB Insights (Digital Health 50, AI 100) and AuntMinnie (Best New Radiology Software 2023, Best New Radiology Vendor 2021). In November of 2024, Rad AI was named the 19th fastest-growing company in North America on the Deloitte Fast 500.

Learn more about Rad AI at www.radai.com or on LinkedIn at www.linkedin.com/company/radai/

PR Contact: Wei Ting Hsieh, Rad AI, +1 ‪(302) 387-3622, [email protected]

SOURCE Rad AI