intelligence360
  • About us
  • Video News Daily
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

Albi Secures Significant Series B Growth Investment in Strategic Partnership with Frontier Growth to Propel Restoration Industry Forward

Albi Secures Significant Series B Growth Investment in Strategic Partnership with Frontier Growth to Propel Restoration Industry Forward

August 28, 2025 Craig Etkin

CHICAGO–(BUSINESS WIRE)–Albi, a leading restoration management software platform purpose-built to modernize the restoration industry, today announced a significant Series B growth investment from Frontier Growth, a growth equity firm focused on partnering with founders of vertical SaaS companies. This strategic partnership will enable Albi to accelerate its mission to equip restoration contractors with the tools, insights, and innovation they need to scale and thrive.

Albi Secures Significant Series B Growth Investment in Strategic Partnership with Frontier Growth to Propel Restoration Industry ForwardShare

Founded on the belief that restoration professionals deserve better, Albi is delivering a transformative solution to a historically underserved market. Its modern, mobile-first platform is designed to streamline job workflows, connect field and office teams, and empower contractors to run their businesses with speed, confidence, and clarity.

“Albi exists to move restoration forward,” said Alex Duta, CEO & Founder of Albi. “This industry is filled with hard-working professionals who show up after disaster strikes—rebuilding not just homes and businesses, but lives. They deserve software built with the same intensity, integrity, and care. This funding gives us the fuel to keep delivering on that promise.”

Powering Innovation for Modern Contractors

With this investment, Albi will continue to advance its platform capabilities and accelerate product innovation in key areas, including:

  • Albi Core – The central operating system for restoration contractors to manage their entire business, from job intake to invoicing with real-time insights into performance, pipeline, and profitability.
  • Albi Mobile – A newly enhanced mobile experience that enables field crews to document, sync, and communicate in real time, creating seamless alignment between office and field operations.
  • Albi Pay – A financial tool that gives contractors control over how and when they collect payments, including deposits and deductibles, solving a major cash flow challenge across the industry.
  • Continuous Product Innovation – Albi’s customer-led product team regularly delivers updates and new features grounded in real-world feedback from restoration professionals on the front lines.

Scaling Enterprise Capabilities

As Albi expands, the company is intentionally investing in capabilities to support enterprise-level, multi-location restoration firms, including large contractors, franchise networks, and aggregators.

“Albi has gained significant traction in the enterprise segment by enhancing its purpose-built platform to meet the demands of larger restorers with complex operational needs,” said Duta. “Innovations such as advanced multi-location job management, enterprise-grade data warehousing & analytics, role-based permissions, and integrated financial workflows enable enterprise contractors to manage high job volumes with greater efficiency and control. We’re excited to continue doubling down on this segment.” Two enterprise customers who recently joined the Albi platform include Guardian Restoration Partners and United Water Restoration Group, among others.

Mark Horner, COO of Guardian Restoration Partners, said, “What impressed us about Albi was their keen sense, passion and commitment to be the leading technology platform for single service providers up to sophisticated restoration consolidators. While others offer generic solutions, Albi listens, iterates, and delivers fast – making it the only partner positioned to grow with a PE-backed operation like ours.”

Bob Moore, President of franchisor United Water Restoration Group, said, “Albi’s vision for enterprise-scale restoration software is exactly what multi-location franchisors like UWRG need. From deep financial integrations to real-time parent/child analytics, their product is evolving into the kind of platform that empowers national operators to scale efficiently.”

Strategic Partnership for Long-Term Growth

“At Frontier Growth, we invest in vertical SaaS founders who are purpose-driven and customer-obsessed,” said Dave Pandullo, Partner at Frontier Growth. “The Albi team lives and breathes the restoration industry. With a modern end-to-end platform, deep empathy for their customers, and a clear vision to help both small and large contractors succeed, they’re truly propelling the industry forward. We’re thrilled to support them in this next chapter.”

Albi continues to scale rapidly, attracting talent, deepening its partner ecosystem, and leading the shift to modern software in one of the most essential yet traditionally underserved sectors of the trades.

“Restorers are the unsung heroes,” Duta concluded. “They deserve technology that works as hard as they do. We’re just getting started, and this investment is a major step forward in building the future they’ve long deserved.”

About Albi

Albi is an all-in-one restoration management platform built to empower contractors with modern tools that simplify workflows, connect teams, and drive profitability. Designed by restoration professionals, for restoration professionals, Albi helps businesses grow with speed, confidence, and clarity. Learn more at www.albiware.com.

About Frontier Growth

Founded in 1999, Frontier Growth is a growth equity investment firm based in Charlotte, North Carolina that specializes in partnering with founders of vertical SaaS companies to help them scale and reach new heights. By leveraging its deep experience helping growth-stage vertical SaaS companies scale to market leadership positions, Frontier provides tailored support and resources to help drive sustainable growth and scalability. Frontier’s ‘people-first’ philosophy to investing is founded upon putting people before numbers – a belief that it’s the people around the table collaborating together that make the difference in driving true innovation and growth. With over 15 years of experience investing in vertical SaaS, Frontier has completed more than 25 vertical SaaS investments since inception. Frontier typically makes initial equity investments of $5–30 million in mission critical vertical SaaS companies with $3–20 million of annual recurring revenue (“ARR”) and +25% annual growth. For more information about Frontier, please visit www.frontiergrowth.com.

Contacts

Michele Rave, Albi
mrave@albiware.com

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


Venture Capital
Albi, Business Wire, Chicago, Illinois, Venture Capital

Post navigation

NEXT
Lockton to spend $4,500,000.00 to expand in Boston Massachusetts.
PREVIOUS
ProFrac Holding Corp. Announces Pricing of Public Offering of Class A Common Stock
Comments are closed.

Source: http://go.intelligence360.io/ and https://intelligence360.news/

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.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

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.
Source: http://go.intelligence360.io/ and https://intelligence360.news/

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.
Subscribe

Categories

Recent Posts

  • University Health System plans new project in San Antonio July 31, 2026
  • University of Houston plans new project in Houston July 31, 2026
  • TETmedical has filed a notice of an exempt offering of securities to raise $9,812,108.00 in New Funding. July 31, 2026
  • Redo Tech has filed a notice of an exempt offering of securities to raise $29,999,951.00 in New Funding. July 31, 2026

Archives

© 2026   Copyright SI360 Inc. All Rights Reserved.