Miami-based, GLP-1-focused digital healthcare startup eMed is now a $2 billion-plus company. The company announced that valuation Thursday (March 26) as it completed a $200 million Series A funding round. Led by AON Consulting, the round’s investors included retired NFL star Tom Brady, who became...
Public listings have long been the preferred exit for FinTechs seeking new avenues to raise capital and, arguably, to enhance their visibility and reputations. And especially for payments firms, trading platforms and digital financial services providers, an initial public offering (IPO) offers more than funding....
Bank of America has formed a new team within its investment bank that is focused on helping private equity firms exit their investments, Bloomberg reported Wednesday (March 25). The new Private Capital M&A Group will use a variety of the bank’s resources to help private...
Adonis, an artificial intelligence (AI) orchestration platform for healthcare revenue cycle management, has raised $40 million. The Series C round, announced Wednesday (March 25), brings Adonis’ total funding to more than $95 million since it was founded in 2022. “The announcement comes at an inflection...
Health ring maker Oura has reportedly begun interviewing bankers to help it go public. The company’s initial public offering (IPO) could happen as soon as this year, The Information reported Tuesday (March 24), citing a source with direct knowledge of discussions. The report notes that an IPO would follow...
Spade raised $40 million in a Series B funding round to grow its platform that helps banks and FinTechs turn transaction data into actionable insights. The company will use the new funding to deepen the capabilities of the platform and expand its team, it said in a Tuesday (March...
The history of artificial intelligence (AI) is a largely digital one. Even the generative and agentic AI boom has remained, for the most part, confined to text, code and media content. But Amazon Founder Jeff Bezos is betting he can bring AI to life in...
Obin AI has raised $7 million to develop agentic AI tools for financial institutions. “Founded by AI pioneers with deep roots in both Silicon Valley and global finance, Obin AI emerges from stealth with a clear objective to make AI trustworthy at the highest levels of...
Stone Ridge Asset Management told clients in one of its funds last week that it would pay investors only 11% of the amount they requested to cash out because recent redemption requests were so high, the Wall Street Journal reported Wednesday (March 18), citing an investor update. The...