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Aescape Secures $83MM in Strategic Funding, Announces U.S. Expansion with Equinox

Aescape Secures $83MM in Strategic Funding, Announces U.S. Expansion with Equinox

March 12, 2025 Craig Etkin
  • Led by Valor Equity Partners, the new round brings Aescape’s total funding to $128MM as it accelerates national expansion and fuels operational growth
  • Aescape also welcomes seasoned leaders from Apple and The Economist Group as SVP of Engineering and CMO, respectively

March 04, 2025 12:56 PM Eastern Standard Time

NEW YORK–(BUSINESS WIRE)–Aescape, the lifestyle robotics company pioneering AI massage for personalized recovery, today announced it has raised $83MM in a strategic round led by Valor Equity Partners, an early investor in Tesla and SpaceX. The round also saw participation from existing investors, including Alumni Ventures, and NBA Champion and All-Star Kevin Love. With this latest investment, Aescape’s total funding now stands at $128MM, enabling the company to scale operations, expand into new markets, and grow its partnerships with global brands.

“Their AI-driven approach is unlocking new possibilities in data-informed, personalized care, driving revenue for partners while delivering precision-tailored experiences. Eric and his team are creating an entirely new category of robotics-powered wellness, and we’re delighted to continue to partner in their growth.”Post this

Aescape & Equinox: Bringing AI Recovery to 60 Locations

Built by alumni from Amazon, Apple, Tonal, Uber, MakerBot, and more, Aescape became the first commercially available automated massage experience when it launched with Equinox, the authority in high-performance luxury living, at select NYC locations last year. Following strong demand, high engagement, and a spike in memberships, Equinox is expanding the partnership to 60 locations nationwide, marking a milestone in the integration of AI-powered recovery as a core fitness and wellness amenity.

“Aescape immediately resonated with our members, offering a private, effective, and highly personalized massage experience – on their time,” said James Gu, Sr. Director of Spa at Equinox. “This partnership reflects our commitment to having the most advanced recovery solutions available, and we’re excited to bring it to more locations across the country.”

This makes Equinox the first fitness brand to integrate fully autonomous, AI-driven massage at scale, setting a new standard for on-demand, high-performance recovery experiences.

Investor Confidence in Aescape’s Market Leadership

“Aescape has seen remarkable traction in just six months since launch,” said Jonathan Shulkin, Partner and Co-President at Valor Equity Partners. “Their AI-driven approach is unlocking new possibilities in data-informed, personalized care, driving revenue for partners while delivering precision-tailored experiences. Eric and his team are creating an entirely new category of robotics-powered wellness, and we’re delighted to continue to partner in their growth.”

Scaling Beyond Equinox: Entering New Markets & Strengthening Leadership

Since debuting with Equinox, Aescape has announced partnerships with industry leaders in hospitality, corporate wellness, luxury real estate, and professional sports — including select Four Seasons Hotels and Resorts, Marriott, and Ritz-Carlton properties throughout North America.

To support this next phase, Aescape has added five sales leads and appointed Kimberly Miller as Chief Marketing Officer. Miller brings over 20 years experience in scaling high-growth organizations, previously serving as Global CMO of Native Instruments and The Economist Group. In her new role, she will oversee product marketing, communications, creative, customer acquisition, and performance marketing to drive Aescape’s expansion.

Aescape has also appointed Eswar Priyadarshan as SVP of Engineering. Priyadarshan previously held leadership roles at Apple and Adobe and successfully led m-Qube and Quattro Wireless through acquisitions by Versign and Apple, respectively. In his new role, he oversees Aescape’s engineering and technical operations, driving innovation and scalability across product, design and operations.

“Our first six months in the market focused on launching with strategic partners and introducing fully autonomous robotic massage to consumers, driving both high utilization and repeat usage rates,” said Aescape Founder and CEO Eric Litman. “With fresh capital, we’re doubling down on these goals, catapulting growth for both our business and our partners as we expand into hospitality, professional sports, fitness, and mainstream markets.”

To learn more about how Aescape can elevate your wellness offerings, visit www.aescape.com or reach out directly to partnerships@aescape.com.

About Aescape (pronounced “escape”)

Aescape is a New York-based robotics company at the forefront of wellness innovation. Using advanced AI technology, the company is delivering the world’s first fully automated, customizable massage experience for personalized wellness and recovery. Founded in 2017 by four-time entrepreneur Eric Litman, Aescape brings together expertise from industry-leading brands like Amazon, Apple, FitBit, MakerBot, Uber, Peloton, Tonal and more. The company is backed by $128 million in funding from investors including Valor Siren Ventures and Valor Equity Partners (an early investor in Tesla and SpaceX), Crosslink Capital, and AlleyCorp. For more information, visit www.aescape.com.

Contacts

Media Contact:
Molly O’Connor
molly@aescape.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.

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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