BOSTON, Dec. 3, 2024 — Novobeing,a leader in medical virtual reality for enhanced patient care, is proud to welcome Ted Schilowitz as a strategic investor and member of its executive team. Schilowitz is a visionary innovator, a founding member of RED Digital Cinema and G-Tech, and a former Futurist at Paramount Pictures and 20th Century Fox.

Since its founding, and with the addition of Mr. Schilowitz’s strategic investment, Novobeing has secured over $1 million in funding to advance its technology, conduct multiple successful clinical trials, and deploy its solutions in leading hospitals across the United States.

A Personal Mission to Transform Patient Care with Immersive Technology

Ted Schilowitz’s journey into healthcare technology stems from a deeply personal experience. After two life-threatening heart surgeries left him recovering in hospitals for an extended period, Ted experienced firsthand the challenges patients face—anxiety, pain and long emotionally draining days with little to engage the mind or lift the spirit.

“With immersive technology, we can turn sterile hospital rooms into places of hope and healing—where patients find relief, comfort, and even joy during their toughest times.” said Ted Schilowitz “Today’s powerful and accessible virtual reality hardware allows us to reimagine this technology, moving beyond entertainment to make a profound impact on healing and well-being in healthcare.”

As a member of Novobeing’s executive team, Ted Schilowitz will bring his expertise in immersive technologies and his global network to shape the company’s strategic vision, enhance its brand presence, and accelerate the adoption of its medical VR solutions in healthcare systems worldwide. Schilowitz will spearhead product innovation while serving as a global advocate for Novobeing, championing the integration of immersive technology in healthcare at industry events, panel discussions, and engagements with key stakeholders to showcase the transformative impact of its solutions.

Advancing Medical Virtual Reality at Scale
Virtual reality (VR) has evolved from its roots in education and training to revolutionize gaming and entertainment, and now, it’s being widely adopted in healthcare. Researchers and developers are leveraging its groundbreaking potential for clinical applications, while regulatory agencies have approved 60+ medical devices that use VR or AR technology. 

Medical virtual reality has already made significant strides, demonstrating its potential to revolutionize mental health treatment delivery much like smartphones did years ago. There are currently over 300 published studies exploring the technology’s potential for assessing, understanding, and treating various mental health conditions using virtual reality headsets and digital therapeutic software.

Novobeing is uniquely focused on leveraging virtual reality to provide mental health and well-being support during in-hospital procedures that often leave patients confined for extended periods. Hospital stays, particularly for cancer treatments or other intensive procedures, are often accompanied by significant distress, including pain, anxiety, and stress. Novobeing’s platform is designed to address these challenges by delivering a diverse range of evidence-based therapeutic programs tailored to improve mental and emotional resilience.

From Cognitive Behavioral Therapy (CBT) and Positive Psychology interventions to soothing meditation sessions and immersive VR travel experiences, Novobeing helps patients manage their anxiety, reduce their perception of pain, and alleviate the emotional strain that comes with prolonged hospital stays. By creating an engaging and supportive environment, Novobeing empowers patients to take an active role in their well-being, transforming the hospital experience into one that fosters relaxation, hope, and recovery.

About Novobeing

Novobeing is an Immersive Patient Experience Platform that transforms hospital care with cutting-edge virtual and mixed reality (VR/MR) technology. Designed to accelerate patient recovery and improve well-being, Novobeing offers a growing library of evidence-based programs that reduce anxiety, stress, and pain. Easy to use and seamlessly integrated into existing workflows, our self-administered platform empowers healthcare providers to deliver engaging and transformative care while improving clinical and economic outcomes. By combining immersive technology with a patient-centered approach, Novobeing is redefining the future of patient experience—one immersive experience at a time.

To learn more visit: https://www.novobeing.com

SOURCE Novobeing Inc.

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The funding round, led by XYZ Venture Capital, expands Yurts’ impact of empowering users by unlocking workflows with efficient, highly secure AI solutions.

SAN FRANCISCO, Dec. 3, 2024 — Yurts, a leader in secure and trusted generative AI (GenAI) integration at scale for defense, government, and enterprise customers, announced today a $40 million Series B funding round led by XYZ Venture Capital, with participation from Glynn Capital, Nava Ventures, Bloomberg Beta, and Mango Capital. Yurts will use this funding to accelerate its growth and capabilities in leading an industry shift from experimental GenAI use to deep integration across mission-critical systems, unlocking real value within secure environments. 

Recently, Yurts delivered the first AI platform for the United States Department of Defense (DOD) on a secret-level network, providing new insights and superior decision-making capabilities for operational leaders and field personnel. Yurts has also won several additional enterprise deployments and government contracts, delivering a critical integration layer between models and internal applications that unlocks new workflows within high-security environments. 

“As GenAI adoption matures, the challenge is no longer about demos and pilots; it’s about delivering tangible results,” said Ben Van Roo, Co-Founder and CEO of Yurts. “For both the DOD and large enterprises, this means connecting AI to the systems that matter most—your systems of record and mission-critical applications. Yurts is purpose-built to meet this need, securely integrating AI where it can truly transform operations.”

Yurts has emerged as a trusted AI partner not just in the public sector but also in commercial enterprises. Large organizations in industries such as manufacturing and aerospace face similar challenges: integrating AI into legacy systems to unlock productivity, reduce costs, and provide users with a trusted resource that removes barriers to getting things done. Yurts’s approach is uniquely designed to address these parallels, combining precision, scalability, and compliance in secure environments. Importantly, Yurts does not train on a company’s proprietary data and can be deployed on-premise, ensuring maximum security and control for organizations handling sensitive information.

Yurts’s AI integration platform has been deployed in high-security settings across unclassified, sensitive, and secret environments, ensuring compliance with Department of Defense standards for sensitive data. With contracts spanning the U.S. Army, U.S. Air Force, Department of Energy, and SOCOM, Yurts is trusted to deliver AI solutions that strengthen mission-critical systems. Nearly 25% of Yurts’s workforce holds active security clearances, underscoring the company’s deep expertise in high-security environments.

“Yurts has broken out as a clear leader in the category of AI integration with their emphasis on deploying and scaling a solution grounded in data with a security-first framework,” says Ross Fubini, Managing Partner at XYZ Venture Capital, who led the deal. “Founders Ben Van Roo, Jason Schnitzer, and Guru Raghavan have built an AI platform that can be deeply integrated within high-security environments. This is a significant catalyst for both Yurts and the military, enabling the seamless integration of advanced AI capabilities into critical national security workflows. The company is positioned to meet the current and future need for AI head-on, and we’re proud to support them in this mission.”

While Yurts’s primary focus remains on the DOD and national security, its solutions are equally transformative for enterprises. A recent expansion of Yurts’s partnership with Oracle highlights the company’s ability to support commercial customers in modernizing their systems of record with AI, ensuring that GenAI delivers real, actionable value in complex, high-stakes environments.

“Defense and enterprise organizations face the same fundamental challenge: how to connect AI to their existing systems to unlock new workflows and insights,” added Van Roo. “This is where Yurts comes in. We provide the secure, integrated foundation that makes AI usable and transformative—not just theoretical.”

The Series B funding brings Yurts’s total investment to $58 million, enabling the company to scale operations, expand its team, and deepen its focus on connecting GenAI to mission-critical systems. With a proven track record in both the public and private sectors, Yurts is poised to redefine how organizations harness the power of AI in high-security environments.

“Right now, GenAI is only scratching the surface in terms of value for users. Yurts is bridging the gap between humans, GenAI, and the systems that matter most in meaningful and adaptable ways,” said Van Roo. “Over the past two years, we’ve developed technologies that move GenAI beyond experimentation, making it usable, secure, and impactful for the most critical and complex missions. Looking ahead, we’re focused on expanding these capabilities with our customers in the DOD, government, and commercial sectors—ensuring AI is flexible enough to meet their needs today and evolve with them for the future.”

About Yurts

Yurts delivers secure, production-ready AI solutions designed to transform mission-critical workflows in defense, government, and enterprise environments. Founded by Ben Van Roo, Jason Schnitzer, and Guruprasad Raghavan, Yurts originated from a strategic collaboration with the Department of Defense. Its AI integration platform connects models to high-security systems of record, enabling organizations to unlock operational insights, enhance decision-making, and achieve unprecedented productivity. Learn more at www.yurts.ai.

About XYZ Venture Capital

XYZ Venture Capital is a San Francisco and New York-based firm specializing in early-stage investments in transformative technologies. Founded by Ross Fubini, XYZ has backed companies like Anduril, Verkada, and Apex Space, focusing on overlooked industries poised for disruption. Learn more at xyz.vc.

SOURCE Yurts AI

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Adonis recognized for achievements in improving healthcare financial outcomes and patient experiences through AI.

NEW YORK, Dec. 3, 2024 — CB Insights today named Adonis to its 2024 Digital Health 50 — a list of the world’s 50 most promising private digital health companies, selected based on a combination of data signals and proprietary scoring.

“The 2024 Digital Health 50 cohort highlights high-momentum companies driving meaningful change across healthcare,” said Amrit Panjabi, Intelligence Analyst at CB Insights. “This year’s winners are at the forefront of bringing an AI-driven infrastructure to healthcare, transforming diagnostics, and bringing condition-specific care platforms to patients and providers. These companies are accelerating the transformation of healthcare delivery, streamlining workflows, and advancing patient outcomes globally.”

“We are thrilled to be named one of the world’s 50 most promising and innovative digital health companies,” said Akash Magoon, Co-Founder and CEO of Adonis. “2024 has been a year of tremendous growth for Adonis, marked by countless new partnerships with providers across a range of specialties, an increase headcount of the Adonis team, and our Series B fundraise in June. This has also been a year marked by significant advancements in AI, and with so many companies building AI-driven technology, we are honored to be recognized as one of the most innovative for the work we are doing to help healthcare providers collect more revenue and create improved patient experiences.”

From a pool of 10,000+ digital health startups, CB Insights analyzed companies using its proprietary metrics — Commercial Maturity and Mosaic scores — along with additional data on partnerships, funding, patents, leadership, and headcount. CB Insights supplemented this analysis with direct company submissions via Analyst Briefings.

Adonis is a revenue intelligence and automation platform, designed for healthcare, that gives healthcare providers the ability to collect the revenue that they deserve. Each year, healthcare practices and hospitals lose billions of dollars as a result of revenue cycle inefficiencies — Adonis has focused on building a proprietary model that applies ML and AI methods to address areas of revenue susceptibility and pinpoint the constantly changing root-cause issues that lead to financial loss. Adonis Intelligence, Adonis’ flagship product, maximizes recoverable revenue, boosts AR velocity, and dramatically improves workflow efficiency. Actionable alerts, real-time dashboards, claims status tracking, smart worklists, and underpayments detection give revenue cycle teams the ability to stay both strategic and responsive. Adonis raised a $31 Million Series B in June 2024, bringing the total amount raised to $54 Million since the company’s founding in 2022. Adonis works with leading providers across a range of specialties, from orthopedics, to emergency medicine, dental, behavioral health, women’s health, and more.

Quick facts on the 2024 Digital Health 50:

• $3.5B in equity funding raised over time, including more than $1.5B in 2024 so far (as of 11/14/2024)
• 72% of winners are building AI products, addressing everything from drug development to treatment selection to clinical documentation
• 56% of winners are early-stage companies (seed or Series A)
• Winners from 9 countries across the globe: the United States, Germany, Canada, Israel, South Korea, the United Kingdom, New Zealand, Belgium, and France
• 200+ business relationships since 2022, including with industry leaders like Nvidia and Kaiser Permanente

About CB Insights
CB Insights is an AI super analyst for market intelligence. It delivers instant insights that help you bet on the right markets, track competitors, and source the right companies. This AI super analyst is powerful because it is built on the validated database of companies and markets that CB Insights is famous for. To learn more, please visit www.cbinsights.com.

Contact:
[email protected] 

About Adonis
Adonis is a Revenue Intelligence and Automation Platform, built for Healthcare, solving for operational challenges that impact the integrity of revenue cycle management. On average, Healthcare providers are unable to collect 15% or more of the revenue they are owed. This is a result of compounding fractures in traditional RCM; a series of people, processes, systems, and tools are collectively responsible for this dilemma. Powered by data science and automation, Adonis provides solutions to address the common issues and areas of susceptibility within RCM to create better, more reliable revenue outcomes. No matter where you are in your revenue cycle journey, we can help you take a step in the right direction to achieve your revenue potential. Learn more at adonis.io.

Contact:
Dan Murdoch
[email protected]

SOURCE Adonis

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The bananaz AI copilot and design change management platform is transforming the design and manufacturing sector, saving companies time, reducing costly errors, and streamlining complex workflows.

TEL AVIV, Israel, Dec. 3, 2024 — bananaz, an innovative platform redefining design change management for R&D and engineering teams, today announced its official exit from stealth mode backed by $5.3 million in seed funding from leading investors, 10D and Cardumen Capital. This milestone enables bananaz to scale its AI-powered solutions, offering engineering teams cutting-edge tools that eliminate the inefficiencies of traditional design workflows, saving valuable time and money across the entire production process.

bananaz addresses critical pain points for manufacturers, particularly for R&D and engineering teams in the validation and review of technical drawings. By leveraging AI and computer vision, the platform automates error detection and manages change across engineering teams and external partners, reducing manual busywork and preventing costly mistakes. From automated drawing and 3D CAD model comparison to real-time collaboration, bananaz empowers engineering teams to optimize every aspect of their workflows.

“Today’s manufacturing landscape is becoming more complex and fast-paced. We built bananaz to help companies catch issues early in the process, minimize rework, and ensure that products meet the highest quality standards,” said Or Israel, CEO of bananaz. “We’ve been astonished at how effectively bananaz has enabled teams to cut down on design time and costs, empowering R&D and engineering teams to move faster and with greater confidence. Our platform transforms how they manage design changes at every stage of production without sacrificing accuracy or security.”

Why AI-Driven Design Change Management is Key to the Future of Engineering

As the manufacturing industry evolves, the integration of AI into design workflows has become essential to remaining competitive. bananaz enables engineers to make faster, more informed decisions by automating traditionally manual processes, such as design validation, change tracking, and error detection. This drastically reduces the risk of production delays, rework, and product recalls, which have long plagued the industry.

According to industry experts, the manufacturing sector is increasingly embracing AI-driven technologies as a foundation of Industry 4.0 to maintain a competitive edge. AI’s ability to predict potential issues early in the product lifecycle can prevent expensive errors that would otherwise go unnoticed. With bananaz, manufacturers are front-loading risk discovery, leading to better product quality and faster time to market.

Integrating AI into design workflows not only streamlines operations but also ensures that companies can maintain compliance with evolving industry standards and regulations, including the growing focus on sustainability and traceability. By offering real-time collaboration tools, valuable AI insights based on industry standards such as ISO and ASME, and seamless CAD/PDM integration, bananaz helps companies manage these challenges efficiently while reducing operational costs.

The manufacturing industry, where 30% of engineering time is lost to manual reviews and 20% of revenues are eroded by design errors, benefits significantly from bananaz’s AI-driven solution. The platform can reduce design review times by up to 90%, eliminating undetected drawing errors, and saving companies millions in rework and recalls.

Adi Dangot Zukovsky, Partner at 10D, commented: “bananaz is uniquely positioned to address some of the most pressing challenges in manufacturing today. Their platform has the potential to revolutionize workflows and reduce costly errors that impact production timelines and bottom lines.”

Gonzalo Martínez de Azagra, General Partner at Cardumen Capital, commented: “It is rare to see an industry so ripe for disruption with customers also ready to accept it. bananaz brings product development and technical drawings to the 21st century with its AI native collaborative platform.”

About bananaz

bananaz is an AI-based platform designed to transform the way companies manage design changes with its powerful AI copilot and comparison tools. By leveraging advanced AI and computer vision technologies, bananaz automates the most time-consuming aspects of the design process from initial concept to final delivery. The platform enables engineering teams to reduce errors, improve collaboration, and streamline workflows while ensuring data security. With seamless integration into existing CAD and PDM systems, bananaz empowers engineers to work smarter and faster without disruption. For more information, visit www.bananaz.ai and on LinkedIn.

Media Contact:

Nina Gill
PR for bananaz
[email protected]

SOURCE bananaz

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Decarbonization Partners leads the Series D round of funding to scale ConnectDER’s portfolio of residential electrification solutions.

PHILADELPHIA, Dec. 3, 2024 — ConnectDER, a leading innovator in resilient home energy technology, has secured $35 million in Series D funding to accelerate its market expansion and product innovation. The round was led by Decarbonization Partners, a partnership between BlackRock and Temasek, with participation from MassMutual Ventures, both new investors. Existing investors Avista Development, Clean Energy Ventures, Energy Innovation Capital, Evergy Ventures, LG Technology Ventures, and Zoma Capital also participated.

This funding marks a pivotal milestone as ConnectDER unveils its next-generation Meter Socket Adapter (MSA), the ‘IslandDER™’, designed to seamlessly integrate with the utility grid, and enable islanding of solar, battery storage, electric vehicles (EVs), and other distributed energy resources, providing whole-home backup and resiliency.

“We are excited to partner with ConnectDER, which has built an elegant solution that solves a major adoption pain point for customers, enabling and accelerating affordable home electrification in North America,” said Dr. Meghan Sharp, Global Head and Chief Investment Officer of Decarbonization Partners. “We look forward to supporting the ConnectDER team as they continue executing on their growth journey.”

“With this latest Series D funding we’re poised to not only expand our existing markets but also our offerings by bringing a transformative solution for energy storage systems to the market,” said Ivo Steklac, CEO of ConnectDER. “Our forthcoming IslandDER enables homes to disconnect and reconnect from the grid enabling customers to harness stored energy from solar plus battery systems or EVs providing innovative backup power and resilience to market at an incredibly competitive cost point.”

This transformative approach is endorsed by Blue Raven Solar, a company committed to simplifying the path to renewable energy for homeowners. “At Blue Raven Solar, we prioritize operational excellence and an outstanding customer journey,” said Chris Lundell, interim Chief Executive Officer. “Leveraging innovative technologies and solar equipment like ConnectDER adapters allows us to streamline installation timelines, reduce complexity, and deliver reliable, affordable renewable energy solutions that enhance the homeowner experience from start to finish.”

In the U.S., 60 million homes lack the capacity for solar, EV-charging, or resilient energy solutions without costly equipment upgrades¹. ConnectDER’s products are installed in minutes and cost 10%, or less, of the cost of upgrading a home’s service panel and/or utility interconnect, thus removing a critical barrier to adoption and creating jobs through accelerated deployment and customer benefit realization.

By simplifying interconnections, ConnectDER’s products reduce training complexity and installation errors, and create opportunities for entry-level positions, driving domestic job growth. The corresponding accelerated deployment and cost reductions also expand the pool of financially viable projects thereby growing the industry.

ConnectDER plans to use this investment for market expansion, scaling manufacturing, and continued product innovation – areas that will reduce consumers’ energy costs, unlock domestic career paths, and enhance U.S. competitiveness. With over 25,000 adapters in operation and approved for use in many states ConnectDER expects to be selling nationwide in the next few years and invites stakeholders to join its mission of delivering affordable and resilient energy solutions.

About ConnectDER
ConnectDER unlocks the massive potential of Distributed Energy Resources (DERs) by turning an electricity meter socket into an all-in-one interconnection point for solar, battery storage, electric vehicle charging, and beyond, directly benefiting the user, the grid, and the environment. Our solutions accelerate interconnection, enhance safety, and eliminate typical installation costs such as in-home wiring and service panel replacements. The Company is currently approved to sell its solution in over 20 states currently covering over 16 million households. For more information, visit www.ConnectDER.com.

About Decarbonization Partners
Decarbonization Partners is a joint venture between Temasek and BlackRock focused on late-stage venture capital and early growth private equity investing in next-generation companies that provide solutions and technologies to help accelerate global efforts to achieve a net zero global economy by 2050. Decarbonization Partners combines Temasek and BlackRock’s complementary platforms and expertise in sourcing and underwriting private investments, portfolio and risk management, and sustainable technology and analytics. Decarbonization Partners invests in a wide range of companies that have proven technology and need capital to scale. The partnership attracted $1.40 billion in capital from a diverse set of over 30 institutional investors across North America, Europe and Asia Pacific. To learn more, visit www.decarbpartners.com

About MassMutual Ventures
MassMutual Ventures (MMV) is a multistage global venture capital firm investing in financial technology, enterprise SaaS, healthtech, climate technology and cybersecurity companies. With teams based in Boston, London, and Singapore, MMV manages over $1 billion in investment capital across the globe. We help accelerate the growth of the companies we partner with by providing capital, connections and advice. With our deep expertise and extensive network, MMV helps entrepreneurs build compelling and scalable companies of value. For more information, visit www.massmutualventures.com.

Media Contact: Megan Fleming
Director of Marketing and Communications
[email protected]
215-266-3572

¹ Source: Rewiring America

SOURCE ConnectDER, Inc.

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PHILADELPHIA, Dec. 3, 2024 — Allyable, a leader in digital accessibility AI platform, and OroCommerce, the provider of a leading B2B e-commerce platform, have announced a strategic partnership to bring cutting-edge accessibility capabilities to enterprise supplier processes.

Through this collaboration, Allyable’s innovative digital accessibility technology will be seamlessly integrated into OroCommerce’s platform, used by hundreds of enterprises, including members of the Fortune 100. This integration aims to enhance supplier diversity and streamline compliance with ADA standards, ultimately improving ESG (Environmental, Social, and Governance) rankings for businesses.

By embedding Allyable’s accessibility functionalities directly into OroCommerce’s platform,(Link at the bottom), the partnership will empower enterprises to ensure accessible transactions for all users—suppliers, partners, and employees alike. This collaboration underscores the commitment of both companies to advancing inclusivity, fostering innovation, and driving greater return on investment (ROI) through compliance with global accessibility standards.

Yoav Kutner, CEO of OroCommerce, stated:

“We’ve seen a growing demand for advanced features that support supplier diversity, as enterprises prioritize inclusivity and ESG goals. After an extensive evaluation of the market, we were impressed by Allyable’s simplicity, impact, and proven ROI for enterprises. Their solutions enable organizations to seamlessly design with accessibility in mind, delivering tangible business benefits.”

David Adi, CEO of Allyable, added:

“Partnering with OroCommerce is an exciting opportunity to embed accessibility into the fabric of enterprise supplier processes. OroCommerce’s platform leads the industry in efficiency and innovation, and with Allyable’s technology, we’re ensuring more enterprises can maximize their ROI while maintaining global ADA compliance. This collaboration sets a new standard for accessible and inclusive supplier management systems.”

Together, Allyable and OroCommerce are driving forward the mission to create a more inclusive digital environment, enabling enterprises to meet compliance requirements, enhance supplier diversity, and achieve greater operational success.

To activate Allyable on the OroCommerce platform, please visit the following link: https://extensions.oroinc.com/orocommerce/extension/allyable-integration/

About Allyable:
Allyable is a leading provider of AI digital accessibility platform that design by industry experts, offering innovative tools that simplify compliance with global accessibility standards. Allyable’s platform empowers businesses to design and maintain accessible digital experiences, improving user engagement and driving measurable ROI.

About OroInc:
OroInc is the creator of the leading enterprise-grade supplier management platform, serving organizations worldwide, including Fortune 100 companies. OroInc’s solutions empower businesses to streamline operations, support supplier diversity initiatives, and achieve ESG goals through cutting-edge technology.

To learn more about Allyable visit www.allyable.com.

CONTACT INFORMATION

Allyable
David Adi
2159200311
[email protected] 

SOURCE Allyable

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NEW YORK, Dec. 3, 2024 — CoachHub, the leading global digital coaching platform, today announced that it has secured a $40 million growth financing facility from HSBC Innovation Banking UK. This capital injection will enable CoachHub to accelerate its investment in artificial intelligence (AI) and further expand its product offerings. The transaction is a key strategic decision for CoachHub to drive rapid innovation while safeguarding employee equity and promoting long-term value creation.

In aligning with HSBC Innovation Banking UK, CoachHub is collaborating with a financial institution that supports innovators across all life stages. This collaboration is set to advance CoachHub’s reach and impact in a rapidly evolving digital coaching market.

The funding will enable CoachHub to further deliver its vision of integrating cutting-edge technology with a human-centred approach. As these efforts expand, more organizations will be empowered to navigate complex talent development challenges and create meaningful change across diverse teams, boosting productivity and ensuring long-term adaptability.

Matti Niebelschütz, CEO of CoachHub, commented: “AI plays a crucial role in our growth strategy, allowing us to deliver powerful, personalized coaching experiences at scale to meet the evolving needs of our clients. This strategic capital marks a significant milestone as we further our mission to democratize coaching, making it accessible and impactful for people worldwide – especially at a time when support and resilience are critical to navigating change.”

Jean-Laurent Pelissier, Managing Director and Head of Enterprise Software at HSBC Innovation Banking UK, commented: “It’s been a pleasure to provide financing support to CoachHub, enabling the business to drive investment into AI and enhance its product offering. CoachHub’s unique proposition has a positive impact on the development of talent across organizations, and we look forward to supporting the business as it continues to grow and innovate.”

About CoachHub

CoachHub is the leading global digital coaching platform, empowering organizations to create scalable and measurable personalized coaching programs for their entire workforce. CoachHub’s global pool of coaches includes more than 3,500 certified business coaches in 90 countries across six continents with coaching sessions available in over 80 languages. Serving more than 1,000 clients worldwide, CoachHub’s innovative coaching programs are based on proprietary scientific research and development from our Innovation Lab. CoachHub is backed by leading investors including Sofina, SoftBank Vision Fund 2, Molten Ventures, Speedinvest, HV Capital, and Partech. CoachHub is committed to creating a greener future. The company is certified carbon neutral and its environmental management is certified according to ISO14001.

About HSBC Innovation Banking UK

HSBC Innovation Banking provides commercial banking services, expertise and insights to the technology, life science and healthcare, private equity and venture capital industries. HSBC Innovation Banking UK is a subsidiary of HSBC Group, benefiting from its stability, strong credit rating and international reach to help fuel its growth.

© 2024 HSBC Innovation Bank Limited. All rights reserved. HSBC Innovation Bank Limited (trading as HSBC Innovation Banking) is registered in England and Wales at Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK (Company Number 12546585). HSBC Innovation Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Firm Reference Number 543146). HSBC Innovation Bank Limited is part of the HSBC Group. HSBC Innovation Bank Limited is committed to making its website and related documents accessible to everyone. Learn more on www.hsbcinnovationbanking.com/accessibility

Media Contact
Alyssa Newby
PANBlast for CoachHub
[email protected]

SOURCE CoachHub

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Led by AZ-VC, the $4.025M Round Will Support the Addition of Key Hires Like Brock MacLean as CRO, Further Expansion, and Product Development

SCOTTSDALE, Ariz., Dec. 3, 2024 — In Revenue Capital, the first operator-immersive capital firm focused on early-growth investing, today announces it has joined a $4.025 million Series A funding round for Nurture Boss, a rapidly growing company with an advanced AI solution for the multifamily housing sector. Led by AZ-VC and with participation from current investor PHX Ventures, the investment will equip Nurture Boss with the operating capital and expertise necessary to continue its ongoing expansion and product development. It also supports making strategic hires, like the company’s recent addition of Brock MacLean as CRO. Nurture Boss has demonstrated exceptional success propelled by their innovative Virtual Leasing Assistant solution, including best-in-class KPIs including net revenue retention of 117%.

“We were drawn to Nurture Boss for too many reasons to count,” says Justin Gray, co-founder and managing partner of In Revenue Capital. “Not only is it the right product at the right time for a market that’s desperate for efficiency gains, but the founder’s vision and company’s performance to date make us confident they’re going to transform the multifamily housing sector.”

Nurture Boss was founded by Jacob Carter, who has carved out a niche in the industry by providing a solution to the urgent problem of a significant labor shortage amid a booming market. The company’s “AI for Multifamily” solution was created to streamline leasing operations and make the process fully autonomous and much more efficient. In addition, it also dramatically boosts conversions, yielding high ROI and more financial success for customers. By leveraging a proprietary data set, Nurture Boss is quickly distinguishing itself from competitors.

Brock MacLean, an accomplished sales leader with more than 20 years of experience across a range of senior executive roles, is the latest strategic hire that Nurture Boss has made. As SVP of sales at Leonardo247 and former EVP & CRO at LeaseHawk, he has deep expertise and has consistently driven growth, developed high-performing sales teams, and optimized sales strategies. Brock’s extensive understanding of real estate and technology solutions positions him well to lead Nurture Boss’ sales efforts and scale its operations.

“Our vision is to make a better world for renters, residents, and property teams alike,” says Jacob Carter, founder and chief executive officer of Nurture Boss. “With this infusion of funding, the operational expertise that In Revenue Capital has to offer, and the hiring of seasoned team members like Brock, there’s so much possibility on the horizon. We’re looking forward to seeing our software help even more multifamily property management companies lower costs while increasing revenues and occupancy.”

To learn more about In Revenue Capital’s philosophy, and to read the founders’ manifesto, visit In Revenue Capital.

About In Revenue Capital 
In Revenue Capital was created as a founder-friendly fix to a broken venture capital (VC) system, in which deals work out well in aggregate for financiers but more often poorly for portfolio companies. Coupling capital with rich go-to-market (GTM) expertise in a true value-add model, the firm offers both funding and embedded operators to help founders and their companies grow and succeed. For more information, please visit In Revenue.Capital.

About Nurture Boss
Combining modern technology and AI with automated workflows, Nurture Boss is redefining AI for multifamily. Nurture Boss’ AI platform allows apartment owners and operators to convert more prospective renters and retain more residents. From the moment a new lead is generated until a resident is renewing a lease, Nurture Boss offers AI powered solutions to automate and execute every step along the way.

SOURCE In Revenue Capital

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A post on Hacker News led to Recall securing a $1.5M funding round, led by renowned VC Jason Calacanis. Now, Recall is transforming how individuals and businesses consume, organize, and review their knowledge.

AMSTERDAM, Dec. 3, 2024 — Recall (getrecall.ai), helps users summarize, organize, and revisit information. Unlike most AI tools that prioritize efficiency, Recall enhances learning through scientific techniques like active recall and spaced repetition. The journey began with a Hacker News post that attracted its first investment from Splash Capital within just 8 hours. Today, Recall has secured $1.5 million in pre-seed funding led by Jason Calacanis, with participation from Blockchain Founders Capital and Rocket Capital. This will fuel Recall’s mission to bring order to content chaos, transforming how individuals and businesses consume, organize, and retain knowledge.

The Story Behind Recall

South African CEO, Paul Richards, brings a decade of expertise in knowledge graphs in the cybersecurity industry, as one of the first employees at Maltego, seeing it through to exit. Recall was born from frustration with existing tools that required excessive manual effort but failed to connect and resurface knowledge effectively.

He envisioned a self-organizing knowledge graph that would dynamically connect his notes and resurface past content whenever new, related information emerged. So, he built Recall as a side project, but after a year of trying, he failed to gain any traction. The post on Hacker News was Paul’s last resort, and it turned out to be a lifesaver. That first check changed everything. He quit his job, went all in, and brought on CTO Igor Gligorević, a true 10x developer from Novi Sad, to accelerate development.

After a few successful Product Hunt launches, including getting #1 Product of the Month in June, the team got into Jason Calacanis’ accelerator programme. They were voted top startup in their cohort which then led to Jason leading their pre-seed round.

 “Our vision is to redefine knowledge management as ‘intelligence management,’ where content consumption is intentional and insightful,” said Recall’s COO, Sankari, who brings over 10 years of startup experience (7 years at Uber and 3 at CloudKitchens).

How Recall works

The web & mobile app organizes information into a personalized knowledge graph, automatically tagging and connecting content based on key entities. There are four main features:

1. Summarize – Recall summarizes online content from articles, PDFs, and YouTube videos up to 10 hours long.
2. Categorize – Automatically categorize content using topic-based tags that adapt to the user’s existing taxonomy.
3. Connect – Content is stored in a knowledge graph, revealing hidden connections and unlocking new insights.
4. Review – Recall reinforces memory with a spaced repetition quiz, helping users retain content over time.

Product Hunt Launch

Get ready for an exciting new chapter in Recall’s journey! Soon bringing even more utility and powerful insights to its platform. Don’t miss out—follow the Recall team on Product Hunt to be the first to explore the new features.

Recall 

Recall is an AI powered personal encyclopedia that enables order amidst the chaos by summarizing, categorizing, and connecting content in a knowledge graph. It is a Delaware C corp, founded in 2022 in Amsterdam, by Paul Richards, a South African fullstack developer with a deep expertise in knowledge graphs in the cyber security industry. Founders: CTO: Igor Gligorevic (Serbian | FS Dev | EPAM) &  COO: Sankari Nair (South African | 7 years ex-Uber ).

For more information, visit www.getrecall.ai or contact us at [email protected].

SOURCE Recall

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