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Tailwind Capital Invests in Cloud for Good to Support Strategic Growth, Accelerating the Company’s Roadmap Across AI, Data and Salesforce’s Industry Solutions

Tailwind Capital Invests in Cloud for Good to Support Strategic Growth, Accelerating the Company’s Roadmap Across AI, Data and Salesforce’s Industry Solutions

April 2, 2025 Craig Etkin

NEW YORK–(BUSINESS WIRE)–Cloud for Good, a four-time Salesforce Partner of the Year primarily focused on the higher education and nonprofit sectors, announced that it has received a strategic investment from Tailwind Capital to accelerate the next phase of the company’s growth. A leading implementation and managed services partner focused on Salesforce Education Cloud and Nonprofit Cloud, Cloud for Good is accelerating its customers’ journeys across Salesforce’s vertical and horizontal offerings. As the company invests behind Salesforce’s Data Cloud and Agentforce offerings, as well as adjacent industries, Cloud for Good is partnering with Tailwind Capital to execute an aggressive expansion plan within the Salesforce ecosystem.

Cloud for Good is Tailwind’s most recent investment in the IT services space, after investing behind leading services businesses in the SAP, Oracle, Microsoft, Cisco and Google ecosystems. Cloud for Good fits squarely within Tailwind’s sector-focused approach to investing in U.S. lower middle market services companies.

Founded in 2010, Cloud for Good is a Summit Salesforce partner and has completed over 3,000 Salesforce implementations to date. The company serves some of the largest and most impactful organizations within its select verticals, bringing the full set of Salesforce experience and technical expertise to deliver complex implementations with a customer-first mindset. Cloud for Good is positioning itself as a leader around Salesforce’s Agentforce platform, advising its clients on building and customizing autonomous AI agents within the Salesforce environment. Cloud for Good provides a differentiated offering around Salesforce’s Data Cloud, with purpose-built data solutions tailored to its clients’ needs.

“We are excited to partner with the Tailwind team. Cloud for Good has a strong track record of exceptional delivery, and with Tailwind’s investment, we’ll be able to serve clients within the impact sector in new and exciting ways,” said Tal Frankfurt, Cloud for Good Founder and CEO. “This partnership comes at a pivotal time. It allows Cloud for Good to invest in our talent, expand our service offerings with a focus on AI and Data, and grow into adjunct industries, securing our position as the Salesforce partner of choice in the industries we serve.”

Will Fleder, Partner at Tailwind Capital, added, “Tal and the Cloud for Good team have built a great business and are clear leaders within their focus verticals. Tailwind’s deep history scaling IT services businesses makes us an ideal partner for Cloud for Good at this stage of their growth trajectory. We are thrilled to partner with Tal and the Cloud for Good team to support the company’s continued growth.”

“Cloud for Good is a distinguished Salesforce partner, purpose-built for delivering industry solutions specializing in Education Cloud and Nonprofit Cloud,” said Gurvendra Suri, Tailwind Capital Operating Executive and Executive Chairman at Cloud for Good. “Our deep industry expertise, coupled with robust implementation and managed services capabilities, empowers mission-driven organizations to achieve their goals more effectively. We are excited to continue strengthening our partnership with Salesforce and investing in innovative ways to meet the evolving needs of our customers.”

Tailwind and Cloud for Good have aggressive growth plans, including scaling the company into new Salesforce offerings and capabilities, as well as emerging as a leading thought partner for Salesforce and customers around AI and Data. Serving some of the largest customers in its chosen markets, Cloud for Good will continue to be a first mover in these exciting and high-growth technologies.

Guggenheim Securities LLC served as financial advisor and Holland & Knight LLP served as legal advisor to Cloud for Good. Baird served as financial advisor and Davis Polk & Wardwell LLP served as legal advisor to Tailwind Capital.

About Cloud for Good

Founded in 2010, Cloud for Good is a leading cloud consulting firm helping nonprofit organizations and higher education institutions create and accelerate their transformational value with technology. In 2021, Cloud for Good took strategic investment from Achieve Partners to help scale the business. With over 3,000 implementations completed, Cloud for Good helps clients innovate operations and create sustained success through a variety of services, including migration, data warehousing, staffing, managed services, and more. For more information, please visit www.cloud4good.com.

About Tailwind Capital

Tailwind Capital is a private equity firm with a sector-focused approach to investing in U.S. lower middle market services companies within Infrastructure Services, Supply Chain and IT Services. Tailwind’s value creation model is centered on its Buy and Build investment strategy, which seeks to scale lower middle market businesses through accretive acquisitions and operational investments, including foundational resourcing, professionalizing operations, implementing technology capabilities and investing in talent. Since inception, Tailwind has invested in over 50 portfolio companies and over 245 add-on acquisitions. For more information, please visit www.tailwind.com.

Contacts

FGS Global
TailwindCapital@fgsglobal.com

(c)2025 Business Wire, Inc., All rights reserved.


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Fabric, a leader in care delivery and consumer experience, has announced the acquisition of UCM Digital Health (UCM), a leading digital health and telehealth provider. The acquisition expands Fabric's services to about 400 new employer and payer customers, adding one million covered lives. Fabric now serves over 75 health systems, 30,000 employers, and over 100 million lives across all 50 states. This marks Fabric’s fifth acquisition in less than three years, underscoring its strategic build-and-buy approach to unify the fragmented digital health landscape. By expanding its footprint in the payer and employer markets, Fabric is extending its comprehensive care access and experience platform paired with its nationwide provider network to streamline virtual-first care, expand access, improve efficiency and outcomes, and reduce both medical and overhead costs.

In a statement Aniq Rahman, CEO and Founder of Fabric said, "For Fabric, it’s about making healthcare more accessible.” “We’ve already made meaningful progress in the payer and employer markets, and this acquisition allows us to deepen that impact. By bringing more payers and employers onto our platform, we’re creating a connected experience that streamlines workflows, reduces friction and costs, and ultimately drives better outcomes for members and our partners." Moving forward, the 400 payers and employers served by UCM will transition to Fabric’s expanded technology and clinical network, gaining access to enhanced omnichannel patient experiences that improve efficiency before, during, and after virtual care. Through Fabric’s nationwide provider network, patients can receive a treatment plan for most common medical conditions in just five minutes or connect with a behavioral health provider within three days.

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Flex has closed a $60 million Series B equity round led by Portage, bringing total equity raised to $105 million. In the last year, the company has quadrupled revenue and tripled its payments volume to $3 billion as it scales its all-in-one business and personal finance platform for high-net-worth middle-market business owners. Running a profitable middle-market business has become one of the most complex financial jobs in America, with owners often juggling more than ten disconnected systems to manage their money. Flex was created to give these high net worth owners a single place to run both their business and personal finances. This latest $60 Million equity round, followed by its $200 Million debt and $25 Million equity raise announced earlier this year, builds on a period of rapid hypergrowth. In just 12 months, Flex has grown revenue fourfold and increased annualized total payments volume from $1 billion to $3 billion across a suite of products, positioning Flex as one of the fastest-growing fintech companies at scale with best-in-class capital efficiency.

Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. These customers now use an average of four or more Flex products. Flex’s Business Credit Card, which provides 60-day float on every transaction, has been a major driver of adoption, acting as the wedge into deeper financial operations. Once owners experience the benefits of the Flex Credit Card, they often go on to adopt Flex’s banking, payments, working capital, and expense management tools to replace fragmented legacy systems. This integrated model has allowed Flex to scale with high efficiency and has created a strong foundation for its expansion into personal finance.

Launched in 2023, Flex a Flexbase Technologies brand is the AI Native “Private Bank” for high net worth business owners in the middle market. Flex is building the category-defining company solving this gap for high net worth business owners with a five-pillar strategy built around private credit, a business finance stack, a personal finance stack, payment solutions, and an ERP built for middle market businesses. Flex is the first platform that supports every step of their financial lives, from the moment they earn revenue to the moment they spend it personally.
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Across the United States, a new industrial age is taking shape. Trillions of dollars in infrastructure, from energy projects and advanced manufacturing to data centers and critical mineral facilities, must be built in the next decade. But large construction projects are slower and more expensive today than they were half a century ago. Unlimited Industries, a California-based company using AI to rethink how infrastructure gets built, has raised $12 million in seed funding to change that. The round was co-led by Andreessen Horowitz and CIV, with participation from leading industry investors. The capital will accelerate Unlimited’s expansion and further develop its proprietary AI platform – one designed to make large-scale engineering and construction faster, cheaper, and more ambitious.

Unlike traditional construction firms or standard software companies, Unlimited is an AI-native construction company that both designs and builds. Its proprietary platform can generate and evaluate hundreds of thousands of design configurations in parallel, automatically identifying optimal layouts for cost, safety, and performance before construction begins. By integrating AI-driven design with its own vertically integrated engineering and construction teams, Unlimited eliminates the costly handoffs and misaligned incentives that have defined the industry for decades.

In a statement Alex Modon, Co-Founder and CEO of Unlimited Industries said, “Advances in AI mean we can finally build the physical world the way we build software.” “The traditional construction model is slow, brittle, and fundamentally misaligned. Our approach replaces static design choices with a dynamic, data-driven process that learns from every project. The result is faster, cheaper, and more successful projects.”

Unlimited is an AI-native construction company headquartered in San Francisco. Today, the company designs and builds across energy infrastructure, data centers, critical minerals, and advanced manufacturing, helping developers build with greater speed, ambition, and efficiency. Their mission is to build a future of radical physical abundance by automating construction end-to-end. The company was founded in 2025 by serial founders Alex Modon, Jordan Stern, and Tara Viswanathan.
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