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Trustible Announces $4.6M in Funding to Accelerate AI Governance in Enterprises

Trustible Announces $4.6M in Funding to Accelerate AI Governance in Enterprises

June 20, 2025 Craig Etkin

WASHINGTON, June 10, 2025 /PRNewswire/ — Trustible™, a leading AI governance platform enabling safe and compliant AI adoption, today announced a $4.6 million Series Seed financing round. The round was led by Lookout Ventures, with participation from the Office of Eric Schmidt, Tau Ventures, Inner Loop Capital, Alumni Ventures, FoundersX, former Deloitte CIO Larry Quinlan, former Relativity CEO Mike Gamson, and former Washington DC Mayor Adrian Fenty, alongside existing investors Harlem Capital, Vamos Ventures, and JHH VC.

“We’re thrilled to lead Trustible’s latest financing round,” said Will Rayner, General Partner at Lookout Ventures. “Trustible’s ability to enable customers to accelerate AI adoption in complex, enterprise environments sets them apart. The team’s vision and execution to-date convinced us this was the right company to tackle this enormous market opportunity.”

“We’re proud to partner with Lookout Ventures and our exceptional group of investors who share our conviction for AI governance as a strategic enabler of AI adoption,” said Gerald Kierce, Co-Founder and CEO of Trustible. “This capital will fuel our next stage of growth as we scale our team, deepen product capabilities, and empower even more global organizations to accelerate safe and compliant AI adoption.”

The backing from investors with deep expertise in artificial intelligence, enterprise software, cybersecurity, and privacy underscores Trustible’s central role in helping enterprises govern AI systems effectively and at scale.

“Ensuring the responsible adoption of AI is one of the greatest challenges—and opportunities—of our time,” said Dr. Eric Schmidt, angel investor in this round. “Trustible uniquely addresses this critical need, and I’m excited to support their vision for safer, scalable AI adoption.

A Microsoft Security study published last month revealed that an overwhelming 91% of senior executives surveyed admitted their organizations are “not prepared to manage the risks” posed by AI, and 85% said they feel unprepared to comply with emerging AI regulations. Trustible is addressing this problem for its customers—38% from the Fortune 500, 62% publicly traded companies, and over 87% with global operations—by embedding Trustible’s AI governance intelligence and capabilities across their legal, compliance, security, and technology functions.

Trustible’s AI-enabled software platform has become a critical accelerator of AI adoption, helping organizations move beyond experimentation and into production with confidence. One Fortune 500 customer in the CPG industry doubled the number of AI use cases since adopting Trustible. The platform provides enterprises with the capabilities they need to align AI innovation with risk, compliance, and ethical standards—unlocking value while safeguarding against reputational and regulatory pitfalls:

  • Centralized Oversight & Control of Enterprise AI Use: A unified platform to govern AI—spanning internal and third-party systems use cases, models, and vendors—to provide visibility, accountability, and collaboration across the organization.
  • Integrated AI Risk & Compliance Management: Continuous monitoring and embedded workflows that translate global regulations and internal policies into AI assessments, automated risk intelligence, and approval gates.
  • Actionable Intelligence & Guided Governance for AI: Taxonomies, recommendation models, and in-app guidance fuse Trustible’s deep AI and policy expertise into the platform, delivering tailored insights that simplify governance decisions, highlight emergent risks, and accelerate responsible AI adoption.

For media inquiries, interviews, or additional information, please contact:

Tanner Bokor
Director of Marketing
(703) 307-9572
press@trustible.ai

About Trustible
Trustible is the leading AI governance platform enabling safe and compliant AI adoption. Their AI governance platform enables enterprises to identify, measure, and mitigate AI risk to accelerate AI adoption. The company is headquartered in the Washington D.C. area. For more information, visit trustible.ai.

About Lookout Ventures

Lookout Ventures invests in seed stage enterprise tech startups located outside of Silicon Valley. Our partners have been thematically focused on investing in AI, cybersecurity, infrastructure software, and vertical SaaS for over a decade. Lookout has offices in Washington, D.C. For more information, visit www.lookoutventures.com.

SOURCE Trustible

Copyright © 2025 Cision US Inc.


Venture Capital
Cision, PRNewswire, Trustible, Venture Capital, Washington

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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.

Fabric is a health tech company on a mission to solve healthcare’s access problem. Fabric’s integrated care platform offers personalized guidance, streamlines workflows, and unifies experiences across virtual and in-person care. Its solutions support care delivery from a patient’s first search to post-treatment follow-up using its proprietary Hybrid AI that combines conversational AI and physician-built clinical logic. Together with a nationwide network of medical and behavioral health providers, Fabric is realizing its vision of providing care for everyone, everywhere. The company advances connected delivery that improves access, outcomes, and equity across every stage of the patient journey. Today, Fabric serves 30,000 employers, payers, and enterprise organizations, including OSF HealthCare, MUSC Health, Highmark, and Intermountain Health. Fabric is backed by General Catalyst, Thrive Capital, GV (Google Ventures), Salesforce Ventures, Vast Ventures, BoxGroup, and Atento Capital.
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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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