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Capacity Secures $92M in Investments to Supercharge AI Support Platform for Contact Centers

Capacity Secures $92M in Investments to Supercharge AI Support Platform for Contact Centers

August 22, 2025 Craig Etkin

Capacity Acquires Call Criteria and Verbio Technologies to Expand Speech Analytics, Voice Automation and QA Capabilities

ST. LOUIS, Aug. 7, 2025 /PRNewswire/ — Capacity, the AI-powered support automation platform for Contact Centers, has announced more than $92 million in investments to fuel its expansion. Additionally, the support automation platform is accelerating its leadership in Contact Center technology with the acquisitions of Call Criteria and Verbio Technologies. These strategic acquisitions expand Capacity’s capabilities in voice AI, quality assurance (QA) automation and speech analytics.

The new investments in Capacity include $50 million from Chicago Atlantic, a private markets investment firm, and a Series D round close at $42.6 million. The company previously announced an initial $26 million fundraise in its Series D round, which was oversubscribed. Capacity will use the Series D proceeds to continue growth and product innovation as part of a compound startup strategy.

“Support is more important than ever for brands across industries, but point solutions can’t effectively solve complex issues,” said David Karandish, CEO, Capacity. “New funding is enabling us to bring together the best technologies in our industry to build a complete, AI-powered support automation platform that helps Contact Centers operate across channels using shared knowledge.”

More than 20,000 businesses rely on Capacity’s AI support automation platform to grow revenue, cut costs and improve customer satisfaction across channels. Capacity has deep experience in knowledge management and Contact Center automation. The acquisitions of Call Criteria and Verbio Technologies signal a significant commitment to delivering the fully integrated tech stack large-scale organizations need to provide superior support.

“Companies are under pressure to improve customer experiences while cutting costs. With Call Criteria and Verbio Technologies, we’re strengthening our platform to deliver faster, more personalized and fully automated support,” said Karandish.

Elevating Agent Performance with Call Criteria
Call Criteria offers QA automation tools that analyze Contact Center interactions using speech analytics and generative AI, helping businesses identify coaching opportunities, improve compliance and elevate agent performance.

“Traditional QA is slow and subjective,” said Ryan Stomel, CEO of Call Criteria. “Together with Capacity, we’re automating QA to drive meaningful improvements in every customer interaction.”

Stomel will join Capacity following the acquisition.

“Call Criteria has built strong speech analytics and generative AI technologies that help call centers create a clear path to improving agent performance. When Call Criteria’s tools are fully integrated into our platform, Capacity customers will have access to enhanced agent support capabilities that will reduce costs, increase compliance and importantly – improve customer satisfaction,” said Karandish.

Scaling Enterprise Voice AI with Verbio Technologies
Verbio Technologies, headquartered in Barcelona, Spain, helps enterprises transform customer engagement with Intelligent Voice Virtual Agents. Designed to deliver natural, personalized conversations, these Virtual Agents manage customer interactions, resolve issues and reduce the need for live agent intervention – enhancing both customer satisfaction and operational efficiency.

“Voice remains the most critical channel for customer experience and loyalty,” said Alejandro Terradas, co-CEO of Verbio Technologies. “Integrating our voice capabilities with Capacity’s platform unlocks next-level customer engagement.”

Terradas will join Capacity following the acquisition.

“Verbio Technologies has not only built a voice solution with unparalleled conversational capabilities, it is created to scale for enterprise. Together, the Capacity platform will be optimized with greater voice AI technology that personalizes and automates,” said Karandish.

Capacity Becomes Profitable
Capacity has marked significant growth in 2025 and is now profitable with $60 million of annual recurring revenue.

Capacity has raised more than $155 million in both equity and debt across multiple funding rounds and other investments. In addition to investment from Chicago Atlantic, the Series D round of funding included investments from TVC Capital and Toloka.vc., among others.

Call Criteria and Verbio Technologies are Capacity’s 10th and 11th acquisitions in recent years. Talent from both companies will join the Capacity team with nearly 250 team members combined around the world.

The terms of the Call Criteria and Verbio Technologies transactions are confidential.

Capacity is led by David Karandish, who co-founded the company and has served as the CEO since inception.

For more information on how Capacity’s AI-powered support automation platform helps teams do their best work, visit Capacity.com.

About Capacity
Founded in 2017, Capacity is an all-in-one, AI-powered support automation platform that uses practical and generative AI to deflect tickets, emails and phone calls—so your team can do their best work. More than 20,000 companies across industries use Capacity for external customer support and internal employee enablement. Today, Capacity offers support over web, SMS, email, voice, social, Slack, MS Teams, helpdesks and more. To learn more about Capacity, visit Capacity.com.

About Chicago Atlantic
Chicago Atlantic is a private markets alternative investment manager focused on industries and companies where demand for capital exceeds traditional supply. The firm’s investment strategies include opportunistic private credit and equity with focuses on loans to esoteric industries, specialty asset-based loans, liquidity solutions and growth & technology finance. Chicago Atlantic has closed over $2.8 billion in credit facilities. Chicago Atlantic’s team of over 95 professionals has offices in Chicago, Miami, New York and London. For more information on Chicago Atlantic’s investment opportunities and financing products, visit chicagoatlantic.com.

Media Contact:
Capacity
Carey Uxa Morgan
carey.morgan@capacity.com

Investor Contact:
Capacity
Marcus Alexander, CFO
investor@capacity.com

SOURCE Capacity

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Venture Capital
Capacity, Cision, Missouri, PRNewswire, St. Louis, 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.

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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