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Clearspeed Secures $60M in Series D Funding for Dual-Use Voice-Based Risk Assessment Technology

Clearspeed Secures $60M in Series D Funding for Dual-Use Voice-Based Risk Assessment Technology

July 1, 2025 Craig Etkin

General David H. Petraeus Announced as Multi-Round Investor

SAN DIEGO–(BUSINESS WIRE)–Clearspeed, the global leader in voice-based risk assessment technology, today announced it has secured $60 million in Series D funding, bringing the company’s total funding to $110 million. The round was led by Align Private Capital, with participation from IronGate Capital Advisors, Bravo Victor Venture Capital, and KBW Ventures. General David H. Petraeus (US Army, Ret.) also joined as a multi-round investor. In addition to the raise, the company will add Anna Nekoranec, Co-Founder and CEO of Align Private Capital, to Clearspeed’s Board of Directors.

“Clearspeed’s AI-enabled voice analytics delivers outsized value for personnel vetting, insider threat mitigation, and enterprise security—where building trust quickly is paramount,” said private investor General David H. Petraeus, former CIA Director.Share

Nekoranec said, “Clearspeed has demonstrated true dual-use potential—with scalable commercial results and meaningful impact in high-stakes environments. It’s rare to see a solution that can reduce fraud, mitigate security threats, and save significant costs without creating friction for the end user. This is the innovation needed to build smarter, more human-centered systems of trust.”

In insurance, Clearspeed consistently yields more than 30X return on investment by assessing risk early in the claims and underwriting process—driving faster, more accurate decisions that improve customer outcomes, including cutting claims handling time in half and increasing immediate payments to customers by 40%. Zurich Insurance—a global multi-line insurer serving 75 million customers across 200+ countries—has significantly accelerated claims payment to customers where they’ve implemented Clearspeed, allowing them to provide more immediate relief in moments of need.

“We see Clearspeed as a powerful complement to an insurer’s multi-layered global risk strategy—offering a streamlined, trust-building experience for customers while helping to make more confident decisions and combat increasingly complex fraud,” said Scott Clayton, Head of Claims Fraud, Zurich Insurance.

Government stakeholders increasingly view Clearspeed’s commercial success as critical to combating fraud, waste, and abuse—and advancing national security priorities such as countering threat financing, drug testing, personnel vetting, and partner force screening. Agencies using Clearspeed have seen a 95% reduction in vetting cycle time and a 65% drop in investigation costs.

“As security threats evolve, so must the solutions designed to counter them,” said Private Investor General David H. Petraeus (US Army, Ret.), former CIA Director and Commander of U.S. Central Command. “Clearspeed’s AI-enabled voice analytics delivers outsized value for personnel vetting, insider threat mitigation, and enterprise security—where building trust quickly is paramount.”

“This investment propels Clearspeed into a bold new chapter,” said Alex Martin, Co-Founder and CEO of Clearspeed. “We’re doubling down on the markets where trust and speed matter most—government, defense, insurance, banking—and expanding globally to meet the growing demand for secure, high-integrity screening. We’re investing in our teams, accelerating innovation, and ensuring our technology stays ahead—not just to grow, but to help organizations worldwide realize the strategic advantage of rapidly establishing trust.”

About Clearspeed

Founded in 2016, Clearspeed is the global leader in voice-based risk assessment. Its proprietary voice analytics technology identifies potential risk in speech using vocal characteristics universal to all humans—enabling faster, more confident decisions in high-stakes environments. Initially developed for the U.S. Department of Defense, Clearspeed quickly exposes indicators of risk for government and military agencies. Commercially, it helps insurers, financial institutions, and other enterprises assess risks like fraud and insider threats, unlock operational savings, and elevate the customer experience. With broad applications, Clearspeed delivers bias-free, individual risk assessment wherever achieving trust at scale is essential.

Headquartered in San Diego, Clearspeed is used in 37 countries and supports over 60 languages. The company has earned more than 25 industry awards, including CNBC’s World’s Top InsurTech Companies. Learn more at www.clearspeed.com.

Disclaimer: This press release is not an offer to sell securities or a solicitation of an offer to buy any securities, and may not be relied upon in connection with the purchase or sale of any company security.

Contacts

Media Contact:
Shoba Lemoine
shoba.lemoine@clearspeed.com

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


Venture Capital
Business Wire, California, Clearspeed, San Diego, Venture Capital

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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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