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

intelligence360

The Intelligent News Source

Alkymi Raises Strategic Financing to Accelerate AI-Powered Transformation of Financial Services

Alkymi Raises Strategic Financing to Accelerate AI-Powered Transformation of Financial Services

August 22, 2025 Craig Etkin

Current investors Cornerstone Investment Capital and Canaan Partners lead financing with participation by SimCorp and Northwestern Mutual Future Ventures; Bob Greifeld joins Alkymi Board of Directors

NEW YORK, Aug. 7, 2025 /PRNewswire/ — Alkymi, the leading AI-powered data workflow platform for financial services, today announced a strategic financing round led by Cornerstone Investment Capital and Canaan Partners, with participation by industry leaders SimCorp and Northwestern Mutual Future Ventures. The capital will be used to accelerate Alkymi’s growth and innovation as it continues to modernize data management in private markets.

Alkymi’s platform empowers clients to validate, integrate, and analyze complex data sets such as transaction notices, quarterly reports, loan agent notices, and financial statements, with speed and accuracy. Leveraging AI engineered for investment workflows, including machine learning, large language models (LLMs), and agentic AI, Alkymi helps firms automate operations, streamline valuations, reduce risk, and accelerate investment decision-making.

“We invested in Alkymi after using the technology, and continue to experience its impact,” said Craig Schedler, Managing Director at Northwestern Mutual Future Ventures. “Their team is helping solve complex data challenges, and delivering real innovation for our business.”

The company also announced that Bob Greifeld, Co-Founder at Cornerstone Investment Capital and former Chairman and CEO of Nasdaq, has joined Alkymi’s Board of Directors. Greifeld brings extensive expertise in capital markets and financial technology, further strengthening Alkymi’s strategic position as it scales. In addition, Thomas Mosimann, Director at Cornerstone, joins the Board as Chairman, and other new board members include Bob Ward, CEO of QUODD, and Robert Greifeld Jr., Director at Cornerstone.

“Private markets are experiencing unprecedented growth and transformation, and Alkymi is uniquely positioned to lead it,” said Bob Greifeld. “Their ability to automate and structure complex data sets gives firms a real competitive advantage. I’m excited to join the board and help Alkymi scale its impact across the financial services industry.”

“This strategic financing comes at a pivotal moment for Alkymi,” said Harald Collet, CEO and Co-Founder of Alkymi. “The continued support from our world-class investors and clients, including Cornerstone, Canaan, SimCorp, and Northwestern Mutual, validates our mission to transform how capital markets teams operate in a data-driven world. We are excited to welcome Bob Greifeld to our Board. His deep expertise in capital markets and experience scaling fintech platforms will be invaluable as we enter our next phase of growth. We’re also pleased to welcome Bob Ward, Thomas Mosimann, and Robert Greifeld Jr. and look forward to their contributions as we continue to scale Alkymi.“

With several recent client wins, Alkymi has seen rapid adoption among investment managers representing over $20 trillion in AUM, including top pension funds, leading global banks, major hedge funds, and prominent sovereign wealth funds. The company has also received recognition through multiple industry awards in 2025.

About Alkymi
Alkymi is the leading AI-powered data workflow platform for financial services, unlocking 100% of the investment and client data trapped in unstructured documents. Alkymi transforms this data into standardized, interactive datasets that integrate seamlessly with clients’ core business processes. The platform empowers institutional investors, wealth managers, asset owners, and asset servicing firms such as Northwestern Mutual, PGGM, Strategic Investment Group, and SimCorp to scale their investments, serve more clients, and respond faster to changing market conditions. To learn more about how Alkymi is transforming data management, visit www.alkymi.io.

Media Contact:

Maria Orlova

Head of Marketing

morlova@alkymi.io

SOURCE Alkymi

Copyright © 2025 Cision US Inc.


Venture Capital
Alkymi, Cision, New York, PRNewswire, Venture Capital

Post navigation

NEXT
Capacity Secures $92M in Investments to Supercharge AI Support Platform for Contact Centers
PREVIOUS
Perle secures $9 Million Seed Round Led by Framework Ventures to Launch an AI Data Training Platform powered by Web3
Comments are closed.
Subscribe for FREE!

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

  • LogicSource Names Keith Hausmann COO Amid Rising Enterprise Demand for Indirect Procurement Solutions March 13, 2026
  • Executive Change: Valuedynamx Appoints Eileen Peacock as Senior Vice President General Manager March 13, 2026
  • Executive Change: VALR Brand Appoints Bryan Alesiano as Chief Revenue Officer March 13, 2026
  • Executive Change: USAA Appoints Chris Curtin as Chief Marketing Officer March 13, 2026

Archives

© 2026   Copyright SI360 Inc. All Rights Reserved.