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Nooks Closes $25M Series A Funding Round with Unmatched Team of Industry Leaders

Nooks Closes $25M Series A Funding Round with Unmatched Team of Industry Leaders

June 12, 2025 Craig Etkin

CRYSTAL CITY, Va., June 9, 2025 /PRNewswire/ — Nooks, the company redefining classified workspaces through its Classified-Infrastructure-as-a-Service (CIaaS) model, is excited to announce the successful closing of its $25M Series A funding round. This investment brings together an extraordinary team of partners, including Zigg Capital, Upper90, SAIC, and Lockheed Martin, to propel Nooks into its next phase of growth and innovation.

As secure collaboration becomes a growing priority for government and industry, this round’s backers represent a blend of investment expertise, defense leadership, and cutting-edge technology know-how. Building on Nooks’ success in key initial markets – Arlington, VA, Colorado Springs, CO, and El Segundo, CA – these partners are helping position Nooks as the go-to provider for flexible and scalable solutions for classified infrastructure needs.

“The Defense Industrial Base needs Nooks to be successful if our country is going to be competitive in the 21st century. The National Security community is spending far too much time and too much cost on bespoke and specialized secure infrastructure – there is a way to dramatically increase speed and efficiency for everyone that Nooks is aggressively pursuing.” states Sean Blackman, CEO of Nooks.

“I am incredibly proud of the investment team we have brought together that are so passionate about solving this problem through a (long overdue) shared access model for classified infrastructure. We’ve put together a truly winning lineup of talent, capital, and government support to get this done.”

Nooks is focused on creating secure, modern, and affordable access to classified facilities for government agencies, contractors, and industry innovators. As a further testament to this pursuit, Nooks has begun integrating advanced technologies and process streamlining in classified workspaces through the Strategic Funding Increase (STRATFI) program and the DARPA Prospero contract. With this new round of funding, Nooks is accelerating its ability to bridge gaps in infrastructure to enable faster collaboration and drive mission success for their customers.

Dave Eisenberg, Founder and Managing Director of Zigg Capital, explains that “Nooks is capitalizing on a once-in-a-generation opportunity to solve urgent critical infrastructure needs for Defense technology startups, Defense Primes and Government agencies. Zigg is excited to bring our commercial real estate expertise to the company to help it grow in an asset-light fashion. In the years ahead, we will build a portfolio of millions of square feet of modern SCIF infrastructure and re-activate underutilized office buildings across the country.”

Nooks and Zigg Capital aren’t alone in recognizing the impact that CIaaS will have on an increasingly remote and distributed workforce. Both Lockheed Martin Ventures and SAIC Ventures have made strategic investment in Nooks to accelerate their company’s efforts.

“At Lockheed Martin Ventures, our mission is to invest in and partner with companies that can help unlock cutting-edge technologies and innovative solutions to support our customers’ most pressing challenges,” said Chris Moran, vice president and general manager of Lockheed Martin Ventures. “Nooks’ approach to providing classified environments and secure infrastructure is a great example of the kind of innovative thinking that aligns with our mission, and we’re excited to support their efforts to transform the national security ecosystem.”

“SAIC’s investment in Nooks helps meet our customers’ mission requirements and brings flexible access to classified infrastructure across government, startups and companies like SAIC too,” said Michael Hauser, Managing Partner of SAIC Ventures. “We have entered into this innovative partnership to support Nooks’ vision and serve as a channel to advanced technology solutions, a talented workforce and government-ready secure infrastructure.”

To find out more about Nooks and how they’re transforming classified infrastructure, visit www.nooks.works.

For media inquiries, please contact:

Jade French
Marketing and Client Engagement Manager
jade.french@nooks.works 

About Nooks:

Nooks is a veteran-owned company dedicated to transforming access to classified infrastructure. Specializing in Classified-Infrastructure-as-a-Service (CIaaS), Nooks has  pioneered ready-to-use spaces and services that bring together industry leaders, academic minds, and defense experts. This approach democratizes access, inviting diverse and groundbreaking solutions for the U.S. government and the supporting industrial community. Learn more at www.nooks.works

SOURCE Nooks

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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.

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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.

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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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