LONDON and FRANKFURT, Germany, Oct. 25, 2024 — SEPA Cyber Tech Group Holding Ltd., a prominent London-based tech developer and venture capitalist, has renamed part of its organisation related to financial technology to FinHub.

The newly renamed division proudly announces the launch of its groundbreaking eponymous financial super platform. Designed to meet the evolving needs of banks, FinTechs, and anyone who wants to utilize or participate in the financial industry.

FinHub promises to redefine the landscape of financial services with its innovative and self-serviceable business model. The platform offers a multitude of financial software and services. It’s developed to serve four market needs:

• Technology and BaaS
• Inter-Banking License and BaaS
• Embedded Finance
• Business Banking

This transformation from SEPA Cyber Technologies to FinHub signals a strategic expansion of the company’s capabilities, creating a hub that caters to every facet of the financial ecosystem. The new platform integrates cutting-edge technology with banking licenses fused with intuitive interfaces to self-administrate, allowing users to customise and manage their financial products and services fully and easily.

“FinHub’s comprehensive platform empowers financial institutions and non-financial players alike by offering an end-to-end, easy-to-navigate suite of tools and services,” said Konstantinos Birtachas, CEO of FinHub. “Whether you’re a large bank, a startup fintech, or a non-financial institution wanting to join the financial industry, we have built a solution that adapts to your needs.”

The platform’s self-serviceable model allows users to independently configure and deploy solutions such as payments, core banking, compliance tools, issuing, acquiring, and more. This flexibility enables clients to quickly respond to market trends, improve operational efficiency, and enhance product suits.

Sristhi Assudani, COO Global at FinHub, emphasized the platform’s potential to drive innovation across sectors: “This launch marks a significant milestone in our company’s evolution. With the FinHub super platform, we are not just offering a product—we are providing a framework that allows for seamless collaboration and participation in the financial industry. It’s built to scale, empowering our clients to grow at their own pace.”

For more information, please visit https://finhub.cloud/ or contact [email protected]. 

About FinHub

FinHub, formerly known as SEPA Cyber Technologies as part of SEPA Cyber Tech Group Holdings Ltd., is a leading innovative financial technology and services provider. Focused on delivering robust, scalable, and secure solutions, FinHub serves a wide range of clients across the financial sector, enabling them to transform their operations and adapt to a rapidly changing industry.

Photo – https://mma.prnewswire.com/media/2539476/FinHub.jpg
Logo – https://mma.prnewswire.com/media/2539478/FinHub_Logo.jpg

SOURCE FinHub

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BOCA RATON, Fla., Oct. 24, 2024 — Yoga Joint, South Florida’s premier chain of hot yoga and fitness studios, announced today that its Joint Venture Program has successfully raised $12 million in capital through crowdfunding from its community of members. 

This $12 million capital investment was raised to continue the company’s Florida expansion. The company plans to open locations in Coral Springs, Coral Gables, Winter Park, Palm Beach Gardens, Delray Beach, and Doral. Negotiations are underway to open additional studios in Kendall, Miami Lakes, and Pinecrest.

Since announcing its expansion with the Joint Venture Program, the company has added 8 locations and is looking to continue placing a foothold in South Florida, Orlando, Tampa, and Jacksonville, with future sights on entering the Austin and Dallas, Texas markets in 2025.

For those interested in partnering with the company, this investment model requires a minimum $100k investment from accredited investors. These investors own a stake in the location, while Yoga Joint retains its majority shareholder position and oversees the operations of all studios daily.

To learn more about the Joint Venture Program, please visit https://invest.yogajoint.com/

About Yoga Joint

Yoga Joint is South Florida’s premier chain of hot yoga and fitness studios. Founded in 2010 by Paige Held, the company has grown exponentially since announcing its Joint Venture program. A leader in the health and wellness space, each Yoga Joint location provides its clientele with an incomparable studio experience by focusing on the quality of its Flow and FIIT classes, extraordinary customer service, state-of-the-art facilities, and a custom-built mobile app with on-demand classes.

Media Contact:

Bernie Zarco
CEO & Managing Partner
(305)-302-2884
[email protected]
www.yogajoint.com

Social Links:

LinkedIn
YouTube
Instagram
Facebook
X

SOURCE Yoga Joint

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David Yang joins Socium Ventures as Partner

ATLANTA, Oct. 24, 2024 — Socium Ventures is a venture and growth investment firm focused on investing in durable and compounding companies. Today, Cox Enterprises announced the second fund for Socium Ventures, a $300 million investment, bringing the total managed capital to $600 million. Socium Ventures is actively seeking investment opportunities in the $3 million to $25 million range across industries and sectors experiencing technology-led growth, including enterprise and vertical software, advanced computer tools, public sector software, healthcare, fintech, B2B marketplaces and sustainability. The Socium Ventures team looks to support its portfolio companies across every stage of development with strategic and operational support as well as permanent capital over the long term.

“Cox Enterprises has built innovative businesses for 126 years,” said Dallas Clement, president and chief financial officer, Cox Enterprises. “This second round of funding for Socium Ventures strengthens our ability to partner with the next generation of original thinkers to create solutions to big problems and prosperity for the next generation.”

Launched in June 2023, Socium Ventures, backed by Cox Enterprises, is looking to build on the strengths of the Cox platform, including its deep and permanent capital base as well as the strategic and operational expertise of Cox’s $23 billion family of businesses. Socium Ventures’ current portfolio of companies include New York-based Carbyne, a company revolutionizing how citizens engage with emergency services nationwide— and recently added Knowde and Crisp to the portfolio.

“This second fund recognizes what we’ve accomplished since launching Socium Ventures last year,” said Andrew Davis, senior vice president of Strategy and Investments, Cox Enterprises and managing partner of Socium Ventures. “Moving forward, we will continue our investing strategy to help early-stage businesses scale for a bigger impact. This is a formula that has worked well for us, and we are excited about our future prospects.”

In a significant addition to its team, Socium Ventures welcomes David Yang as a partner. He is the first dedicated senior hire for the firm. Yang joins Socium Ventures after spending 15 years investing in growth technology companies across investment stages, including venture, growth and public companies. His past investments have included Chime, Deuna, Digital Ocean, JOKR, Papaya Pay and PinDuoDuo. He started his investing career at Warburg Pincus and TA Associates.

“I’ve spent my career supporting founders and leadership teams who are building foundational companies,” said Yang. “I’m incredibly excited to join Socium Ventures and execute against our mandate of partnering with durable and compounding companies that are leading the charge on innovation and growth.”

For more information about Socium Ventures and its latest investments, please visit sociumventures.com.

About Cox Enterprises
Cox Enterprises is dedicated to empowering people to build a better future for the next generation. Cox is a leader in the broadband, automotive, and media industries, as well as a leading investment platform with strategic positions in emerging technologies driving the future of agriculture, renewable energy, health care, and public sector software. Headquartered in Atlanta, Georgia, Cox is a global company with $23 billion in annual revenues and a proud history spanning more than 125 years. To learn more about Cox and its commitment to its people, planet and communities, visit coxenterprises.com. 

About Socium Ventures
Socium Ventures, a venture and growth investment fund launched by Cox Enterprises, represents a new era in full life cycle investment strategies. Socium Ventures is dedicated to supporting portfolio companies at every stage of development and building strong partnerships with founders. Seeking investment opportunities for Series A and beyond, Socium Ventures offers a unique proposition, providing companies with access to deep and permanent capital, extensive strategic and operating experience, and support across stages and over the long term. Learn more at SociumVentures.com.

SOURCE Cox Enterprises

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Archy’s software can support the daily tasks of an entire dental practice with its cloud-based solution, automating processes and functions, while reducing costly server infrastructure, saving 80 hours per month in lost time for a single practice

SAN JOSE, Calif., Oct. 24, 2024 — Archy, a pioneer of cloud-based automation software for dental practices, today announced it has raised $15M Series A funding in a round led by Entrée Capital with participation from Bessemer Venture Partners, CRV, Alven, 20VC Growth fund and several angel investors and dental professionals. The investment will advance further development of the Archy product, embedding AI across various areas to make dental practices more efficient and allowing dental teams to focus on more intricate tasks, while increasing practice revenue opportunities and significantly enhancing customer experiences.

Dental practices are being plagued by several fundamental challenges simultaneously. They are facing a severe staffing shortage, with capacity reduced by an estimated 10% across the US – an issue that is set to be further compounded by 33.7% of dental assistants and 31.4% of dental hygienists indicating they are planning to retire within five years. Dental practices are also contending against decreasing dental insurance reimbursements, making it harder for practices to offer competitive salaries, all while 75% of them still rely on outdated, on-site servers, proving a major obstacle to operational efficiency and presenting security risks.

Archy addresses each of these challenges through its pioneering fully automated, cloud-based solution that eliminates the need for costly, outdated on-premises servers while providing AI-driven automation tools for insurance verification, billing, scheduling, and patient communication, streamlining daily operations. Its integrated imaging solution also ensures x-rays and images are stored in real-time, while a direct integration with Pearl AI enables AI-powered x-ray analysis within the platform. Moreover, by moving practices to the cloud, Archy enhances security, provides regular updates, and offers seamless scalability, allowing dental practices to focus on intricate tasks and patient care.

“Fewer staff, mounting workload, less revenue opportunities all while using antiquated systems presents a long-term challenge not only to dental practices, but also inevitably to dental patient care,” said Jonathan Rat, Co-Founder & CEO of Archy. “By integrating Archy, dental practices have an immense opportunity to reinvent how they manage the day-to-day workload, saving crucial time and cost which can be driven instead into business improvements, patient care and outcomes. Archy’s automated overhaul of a dental practice’s operations helps develop and retain the workforce, and our aim is to become a linchpin for sustainable growth for the practice itself.”

“We are excited to join Archy on its journey as it revolutionizes how dental practices interact with and support their patients,” said Avi Eyal, Co-Founder and Managing Partner, Entrée Capital. “In a sector so deprived of innovation, Archy blends simplicity and automation and creates seamless integration across the dental practice, with fast implementation. Practices using Archy are already reporting significant improvement in efficiency, and increased customer satisfaction and better patient care delivery. We believe the market is ripe for disruption and that Archy is the company that will emerge as the leader in this sector.”

Kent Bennett, Partner at Bessemer Venture Partners added, “Dentists have a reputation for being tech-phobic, but the truth is that legacy platforms never gave them a reason to fall in love. Archy has changed that with an end-to-end product that’s a breeze to onboard. The company has seen impressive adoption this year that puts them in line with the most exciting vertical SaaS launches we’ve seen. We’re thrilled to partner with the company again in this round.”

Inspired by Co-Founder, Dr Christine Liu’s experience as a dentist herself, Archy was designed by dentists for dentists, to enable a more efficient approach to every facet of the day – from booking appointments and conducting diagnoses, to treatment plans and managing patient outcomes. Archy has automated many of the time-consuming processes that dental practices face daily, saving time and reducing human error, allowing practices to prioritize patient care.

With Archy’s imaging software included, practices no longer have to rely on external software for imaging. With this funding round, Archy will be bringing more AI and ML features to their platform especially in the areas of analytics and revenue cycle management. This funding round takes Archy’s total investment to date to $27 Million and the company boasts several leading entrepreneurs on their board and as Angel investors. Archy is currently working with a few hundred dental practices across the US.

About Archy

Archy is a leading provider of practice management software for dental practices. Its all-in-one solution helps the front-line dental workforce save invaluable time and costs by eliminating the need for multiple, expensive add-on software packages and services. On average, an individual practice can save $8,000 per year by switching to Archy. From charting to payroll, employee management to patient engagement, Archy provides a transformative, one-stop shop for practice owners.

Media Contact

Gavin Horwich
Campaign PR
[email protected]

SOURCE Archy

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New York City’s longest-standing Alzheimer’s event helped to bring attention to the growing need for care and resources for those impacted by Alzheimer’s and related dementias

NEW YORK, Oct. 24, 2024 — CaringKind, New York City’s leading expert in Alzheimer’s and related dementia caregiving, held their 36^th annual New York City Alzheimer’s Walk and Brain Health Day on Saturday, October 19^th at Central Park’s Naumburg Bandshell. The non-profit organization raised over $550,000 in support of individuals, families, and caregivers affected by Alzheimer’s and related dementias.

The event kicked off at 10AM with a diverse range of activities that contribute to cognitive wellness including hearing checks by an audiologist, a Healthy Well-Being Station courtesy of Eisai, farm-fresh produce from the Farmers Market, Family Fun Zone and Paw Therapy Hub, and CaringKind’s DREAM LOUNGE, which is an extension of their Early-Stage Center, providing a safe space for peer-to-peer connection among those living with memory loss. Prior to the Opening Ceremony, attendees also watched performances by the Blue Angel Dancers, Flash Mob Dancers, and Chinese Lion Dancers.

Prominent news anchors and longtime supporters of CaringKind, ABC7’s Bill Ritter and Mike Marza served as the Master of Ceremonies. They introduced community leaders on stage including Board Members Jeff Jones, Linda LaGorga and Joe Fisher, President and CEO of CaringKind Eleonora Tornatore-Mikesh, and Senator Cordell Cleare. Walk Chairs Todd Matlovsky and Townsend Davis, and Sheila Gray also shared their personal caregiving stories.

During the ceremony, CaringKind also honored two renowned leaders with awards for their contributions to the Alzheimer’s community including:

• Building Awareness Award: Vicki Schneps of Schneps Media for championing brain health awareness.
• Family Caregiver Award: Late State Senator Bill Perkins for his impactful work in advancing community well-being in Harlem and his advocacy for dementia rights. The Senator’s wife, Pamela Perkins received the award in his honor.

The 2-mile scenic walk began at 12PM through Central Park’s fall beauty which offered the perfect backdrop for walkers to honor their loved ones and raise funds for critical programs.

A variety of esteemed sponsors joined forces to make this powerful event a success including Eisai, Lilly, Bloomberg Philanthropies, The Patricof Family, Primetime Partners, Axsome, United Federation of Teachers, The 80^th Street Residence, CARITH, The Carmelite System, Attending Home Care, CAIPA, Coterie, Dystel, Goderich & Bourret LLC, Greycroft, Grimaldi Yeung Law Group, Sunrise Senior Living, The Watermark at Brooklyn Heights, Frank E. Campbell, The Funeral Chapel, Homecrest Community Services, Littman Krooks LLP, NY Connects, Aliviado, The Bristal Assisted Living & 305 West End Assisted Living, Holistic HomeCare Associates, Home Instead, MJHS Health System & MJHS Isabella Center for Rehabilitation and Nursing Care, Mutual of America Financial Group, Pitta & Baione LLP, Richmond Behavioral Associates, RiverSpring Living, and Brooklyn Roasting Company.

CaringKind’s mission is to create, deliver, and promote comprehensive and compassionate care and support services for individuals and families affected by Alzheimer’s and related dementia, and to eliminate Alzheimer’s disease through the advancement of research. To achieve their mission, CaringKind offers programs for individuals with dementia, their families, and professional caregivers. The non-profit is committed to generating public awareness, collaborating with research centers, and informing public policy through advocacy. 

To learn more about CaringKind, please visit https://caringkindnyc.org/.

About CaringKind:

CaringKind is your leading expert on Alzheimer’s and dementia caregiving. With over 45 years of experience, CaringKind works directly with community partners to develop the information, tools, and training to support individuals and families affected by dementia. CaringKind is dedicated to being your Trusted Partner in the journey through Alzheimer’s and related dementia care, providing guidance, support, and comprehensive services to every person, at every stage of the disease. From the moment of diagnosis to end-of-life care, their mission is to ensure that everyone, regardless of their background or the challenges they face, receive the Trusted Support they need, ensuring no one walks this path alone.

MEDIA CONTACT:
[email protected]

SOURCE CaringKind

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“Hurricanes Helene and Milton were a stark reminder of the impact that climate change and major storms can have on our electrical grids,” said Corey Capasso, CEO of Urbint. “This strategic investment from S2G will enable us to provide a broader offering of storm response solutions to utilities, helping them to restore power faster and save lives in the process.”

Urbint for Storm Response is a centralized platform for managing the entire storm and natural disaster response process – from handling logistics, to managing emergency work, to allocating resources in real-time. With Urbint, utilities secure contractors faster, manage crew lodging and meals better, use response dollars more efficiently, and shorten restoration times.

“As we have seen in recent months, the higher frequency and intensity of storms poses a significant threat to our energy infrastructure. Our view is that resiliency against extreme weather events is of the utmost importance for utilities and there is a strong urgency to invest in mitigation and adaptation measures,” said Bala Nagarajan, managing director of S2G’s Energy Investment team. “Urbint’s software offers utilities the ability to adapt to climate change while improving grid uptime and safety. We believe that Urbint is poised to play a pivotal role in transforming how utilities manage risk and battle climate change.”

Urbint’s AI-powered risk mitigation solutions enable utilities to identify threats and target their resources to prevent incidents and improve safety and reliability. Many of the largest utilities in the country, including Southern Company, Exelon, and National Grid, trust Urbint to help them protect underground infrastructure, prevent serious injuries and fatalities, and respond to and restore power faster after major weather events.

Learn more at Urbint.com.

About Urbint
Urbint uses AI and the latest industry science to identify threats to workers and infrastructure to stop safety incidents before they happen. Urbint surfaces risk at the point of work, enabling energy and infrastructure companies to prevent worker injuries and asset damages. Many of the largest energy and infrastructure companies in North America trust Urbint to protect workers, assets, communities, and the environment.

About S2G Ventures
S2G is a multi-stage investment firm focused on venture and growth-stage businesses across food and agriculture, oceans and energy. The firm provides capital and value-added resources to entrepreneurs and leadership teams pursuing innovative market-based solutions that S2G believes are cheaper, faster or better than traditional alternatives. With a commitment to creating long-term, measurable outcomes, S2G structures flexible capital solutions that can range from seed and venture funding through growth equity to debt and infrastructure financing. For more information about S2G, visit s2gventures.com or connect with us on LinkedIn.

SOURCE Urbint

There are 3 million inside sales reps in the US. Their primary goals are to generate a “pipeline” of deals and then “close” those deals to produce revenue. But low-leverage activities involved in pipeline generation like online research, writing prospecting emails, and dialing their contacts consume the time they could spend on more strategic selling. Now, Nooks can automate these time-consuming activities and free reps to do human-centered, strategic work that generates many times more pipeline than they possibly could before.

“There’s a camp of sales leaders who don’t believe in AI and want to stick with old-school methods. And there’s a newer camp who believe AI will completely replace sales reps.

Nooks is somewhere in the middle,” Dan Lee, CEO of Nooks. “We believe sales is fundamentally human and AI will empower reps—not replace them. We’re building AI assistants to automate the busywork in pipeline generation so humans focus on the human parts of selling.”

Introducing Nooks AI Sales Assistant Platform (ASAP)
Nooks is an AI platform that helps sales teams generate pipeline more efficiently by automating time-consuming tasks. Nooks users typically include sales development representatives (SDRs) and account executives (AEs) who self-source deals, as well as sales leaders, sales enablement, and revenue operations. Sales orgs typically see 2-3x pipeline generation per rep within days of adopting the platform.

Nooks’ AI assistants include:

• The AI Dialing Assistant helps teams have more quality conversations with prospects. It finds phone numbers, skips answering machines, leaves voicemails, does your pre-call research, and takes notes. It even suggests who you should call and when you should call them. Most teams using Nooks see 2-3x increase in call volume and conversations.
• The AI Coaching Assistant helps reduce ramp times and increase conversion rates. It transcribes and scores calls to understand areas to improve, and prepares reps for real-world selling via AI that simulates conversations with your prospects. It also has a Virtual Salesfloor to help remote and hybrid teams work and train together.
• The AI Prospecting Assistant eliminates time spent doing research online and switching between dozens of data tools. It researches your target accounts, identifies buying signals, builds lists of prospects, and drafts emails to them.

Nooks integrates with popular sales tools like Outreach, Salesloft, Gong, Hubspot and Salesforce. It also has integrations with data tools like Apollo, ZoomInfo, Cognism, LeadIQ, and more. These partnerships help deliver faster ROI by integrating with customers’ various go-to-market systems.

Customer Traction & Momentum
This announcement comes on the heels of significant momentum for Nooks. The company just recently announced its $22M Series A in April. Nooks has also experienced continued 4x YoY revenue growth.

“Nooks is bringing AI to the sales process in a human way—enabling sales teams with AI assistants,” Mamoon Hamid, Partner, Kleiner Perkins. “Their approach is already empowering thousands of sales reps, and Dan and team have demonstrated that they have both the vision and acumen to build a generational company.”

World-class organizations like Seismic, Fivetran, Amplitude, Modern Health, and Verkada rely on Nooks to power their sales teams. Customers typically attribute more than 70 percent of their sales pipeline to Nooks.

“If your sales team isn’t using an AI assistant platform like Nooks today, you should be worried about hitting your 2025 targets,” said Alyson Watson, CEO of Modern Health. “Nooks helps drive over 70 percent of our sourced pipeline. And my reps love Nooks. They’d quit if we got rid of it.”

To learn more about Nooks or get a free trial, visit Nooks.ai

About Nooks
Nooks is the AI Sales Assistant Platform (ASAP) that automates the busywork so reps can focus on the human part of selling and generate more sales pipeline. Nooks has helped thousands of sales reps hit quota, saved customers hundreds of thousands of hours, and powered hundreds of millions of dollars in pipeline. For more information, visit Nooks.ai. To review open positions across product, engineering, and go-to-market, visit Nooks.ai/careers

SOURCE Nooks

Startup launches new products designed to provide unique solutions and accelerate AI adoption

CAMPBELL, Calif., Oct. 24, 2024 — Zencoder, a pioneering AI startup focused on enhancing software development, today announced its emergence from stealth mode and the release of a suite of new products that will enhance developers’ use of generative AI. Zencoder has been quietly gaining traction within the developer space, having opened an alpha for its platform in June and has over 500 interested companies on their waitlist. In addition to the new products, Zendcoder’s coding platform will be generally available as of today for developers.

Founded in 2023 by serial entrepreneur Andrew Filev, Zencoder’s AI platform and coding agents integrate seamlessly into development workflows, offering intelligent code generation, code repair, test generation, and real-time optimization. Filev’s extensive experience in developing work management solutions at scale is the driving force behind Zencoder’s innovative approach. Thanks to his success at Wrike (acquired by Citrix for $2.25B in 2021), Filev assembled a team of top-tier AI experts and developers to create industry-leading products that are both powerful and user-friendly.

“At Zencoder, we believe in empowering developers with the tools they need to build the future,” said Andrew Filev, Founder & CEO of Zencoder. “Our AI coding agents are designed to bring zen back into coding by handling the mundane tasks, so developers can unleash their creativity and continue to iterate on solving real-world challenges.”

Introducing: Embedded AI Agents for Developers
While generative AI revolutionized content creation in many areas, its impact on software development has been slower, with developers still struggling to balance innovation and routine tasks like maintenance and bug fixing. Early AI coding assistants, with occasional LLM hallucinations and incorrect code generation, haven’t provided a comprehensive solution, slowing the adoption of AI.

Zencoder remedies this by building a more comprehensive, compound AI system relying on agentic workflows integrated with static code analysis. Zencoder’s proprietary and robust AI products significantly reduce the hallucinations that are prevalent with current AI assistants on the market and integrate seamlessly with IDE’s making adoption frictionless for developers. Zencoder’s primary technology pillars include:

• Repo Grokking™ – deeply analyzes the entire code repository, providing crucial context that significantly improves the relevance and quality of AI-generated code. This enables intelligent code generation, context-aware code completion, code refactoring and docstring generation among other features.
• Agentic Repair™ – pipeline that automatically analyzes, fixes, and refines generated code, further improving it and ensuring higher quality and reliability. This enables the generation of the highest quality code with code repair and unit test generation agents.
• Agentic Loop™ – brings planning and feedback to amplify the power of underlying models. This enables the agents to automate multi-step processes with self-reasoning.

These pillars power both traditional coding assistance features like AI chat and code completion as well as powerful coding agents that undertake common engineering activities of bug fixing, refactoring, new feature development, and writing unit tests. Zencoder also allows customers to define their own custom agents to automate mundane tasks.

This approach integrates cutting-edge AI research with deep software engineering and user-centric design, ultimately empowering companies to ship software products faster and more efficiently.

Zencoder’s AI Agents allows developers to:

• Boost Productivity: Automate repetitive coding tasks and streamline complex workflows, enabling developers to focus on high-value problem-solving and innovation.
• Enhance Code Quality: Minimize errors and improve code reliability with AI-driven error correction.
• Accelerate Development Cycles: Reduce time-to-market for software products by speeding up the coding and testing phases.

For more information on Zencoder and access to the waitlist, please visit: www.zencoder.ai.

Zencoder Participating at TechCrunch Startup Battlefield 2024
Zencoder recently announced its selection for TechCrunch Startup Battlefield 2024. Out of thousands of applicants, Zencoder was chosen to showcase its innovation at TechCrunch Disrupt (Oct. 28-30), placing it among the top data-driven AI startups in the industry.

About Zencoder
Zencoder is a pioneering AI startup focused on enhancing the software development process through embedded AI coding agents. Founded by industry veteran Andrew Filev with a passion for innovation, Zencoder aims to make coding more efficient, accurate, and enjoyable for developers worldwide. Zencoder has a team of 50+ AI experts, engineers, and data scientists across the globe.

For more information, please visit www.zencoder.ai or contact: Archie Sharma, COO GTM
Media contact: [email protected]

SOURCE Zencoder

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NEW YORK, Oct. 24, 2024 — Attention, the platform that transforms customer conversations into actionable insights, announced today its $14 million Series A funding to power its next phase of growth. The investment was led by Alven, with participation from Eniac, 645 Ventures, Aglae, Frst, and Liquid2. The funding highlights the growing demand for Attention’s AI product and solutions as the business saw a 10x revenue increase this year, with customers including Crunchbase, BambooHR, Aircall, and Clay amongst others.

Founded by repeat entrepreneurs and former competitors, Anis Bennaceur and Matthias Wickenburg, Attention addresses a critical need in the market: enabling revenue teams to unlock and utilize the valuable data hidden in customer interactions. Traditional methods of capturing and analyzing this data are expensive, error-prone, and incomplete. Attention automates this process, offering sales teams a powerful tool to close more deals using the voice of the customer.

“Automating CRM entry out of customer conversations and writing follow-up emails was just the beginning. There is so much more to do out of these precious interactions,” said Bennaceur, Co-Founder and CEO of Attention.

Attention will use the new funding to fulfill strong market demand and expand its go-to-market team, while continuing to invest in product and engineering to solidify its leadership in the AI-driven sales market – a category it pioneered.Attention’s long-term vision is ambitious: to fully automate the routine tasks handled by revenue and sales teams, enabling them to focus on more strategic activities.

“We have built a system of cognition that continuously learns and improves, delivering better results over time,” said Wickenburg, Co-Founder and CTO of Attention. “We believe that our technology will not only enhance jobs but also redefine them, making sales teams more efficient and effective than ever.”

Thomas Cuvelier, General Partner at lead investor Alven, who has also backed transformative AI unicorns such as Dataiku and Algolia, added: “Attention’s Generative AI native capabilities are a paradigm shift to a system of cognition for the revenue function – they can effectively clone top performers by extracting features out of successful sales deals while at the same time dramatically enhance productivity. Anis and Matthias have an exceptional eye for product, and have built a compelling proposition in what is a very large, fast-growing, and dynamic market.”

Austin Myers, VP Revenue at Certificial and Attention customer shared, “Thanks to Attention, our sales pipeline velocity has skyrocketed. With automated CRM entry and insightful scorecards, deals progress smoothly, leading to quicker conversions. It’s streamlined our processes and turbocharged our revenue growth.”

This round of funding marks a pivotal chapter in Attention’s growth story. With a robust foundation, a clear strategic direction, and the support of world-class investors, the company is poised to make significant strides in revolutionizing sales enablement for businesses worldwide.

To get in touch with the Attention team, reach out at [email protected].

About Attention

Attention is a leading AI-powered platform dedicated to helping sales and revenue teams unlock the full potential of their customer conversations. By automating the extraction of actionable insights, Attention enables businesses to make informed decisions, enhance performance, and drive growth.

About Alven

Alven is an early-stage venture capital firm investing in world-class teams and products, and guiding entrepreneurs from seed to growth across the US and Europe. With over $2 billion under management, Alven has backed over 180 teams in the last two decades, including many success stories such as Stripe, Algolia, Dataiku, Qonto and Gorgias.

Photo – https://mma.prnewswire.com/media/2538940/Attention__Anis_Bennaceur_CEO_and_Matthias_Wickenburg_CTO.jpg

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