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Invisible Technologies Raises $100 Million to Power the Next Generation of AI Infrastructure for the Enterprise

Invisible Technologies Raises $100 Million to Power the Next Generation of AI Infrastructure for the Enterprise

October 1, 2025 Craig Etkin

AI Software Company at Intersection of Data Management and Agentic Application Development Applies Model Builder Expertise to Enterprises

SAN FRANCISCO–(BUSINESS WIRE)–Invisible Technologies, the AI software platform for the enterprise, today announced it raised $100 million in growth funding led by Vanara Capital, an investment management firm recently founded by TPG alumni that focuses on backing growth-stage technology companies. This investment brings Invisible’s total capital raised to $144 million, and marks Vanara’s first publicly announced deal. Vanara was joined in the round by Princeville Capital, HOF Capital, Freestyle VC, Rocketeer Management, and Tallwoods Capital, as well as existing investors Acrew Capital, Greycroft, Backed VC, BY Ventures, and Deepwater Asset Management.

Invisible is the No. 2 Fastest Growing AI Company on the 2024 Inc. 5000 List. Revenue more than doubled from 2023 to 2024, reaching $134 million, following a 24x increase between 2020 and 2023. The company has undergone a significant evolution in both technology and team since Matthew Fitzpatrick joined in January as CEO. Fitzpatrick is the former Global Head of QuantumBlack Labs, McKinsey’s AI software development and R&D hub, where he oversaw 1,000 engineers and product leaders across both QuantumBlack Labs and McKinsey.

“I have spent the last decade experiencing both the promises and limitations of enterprise AI, driven by the fact that 70% of the software in the world is over 20 years old,” said Fitzpatrick. “Despite the recent excitement, most enterprises are still struggling to get AI models into production and to quantify ROI. Invisible changes that. Our software platform, combined with our expert marketplace, enables companies to organize, clean, label, and map their data. This foundation enables them to build agentic workflows that drive real impact. In a landscape flooded with point solutions, we’re delivering the infrastructure enterprises need to unlock the value of AI.”

Invisible will use the funding to invest further in its core AI Software Platform, which consists of five modular components that deliver end-to-end capabilities across the AI lifecycle:

  • Neuron: flexible data infrastructure to integrate and transform structured and unstructured data.
  • Atomic: a visual process mapper and builder to codify workflows and business logic.
  • Expert Marketplace: a workforce engine delivering high-quality human expertise, Reinforcement Learning from Human Feedback (RLHF), training, and validation.
  • Synapse: an annotation and evaluation layer to measure performance, enable fine-tuning, and drive continuous model improvement.
  • Axon: agentic automation to orchestrate tasks and decisions across systems.

Over the past six months, Invisible has strengthened its leadership team with key hires, including Kit Colbert, former CTO of VMware, who joined as Platform CTO and brings decades of experience building enterprise-grade infrastructure. Alexius Wronka, Aaron Bawcom, and Junaid Syed have all joined as Field CTOs, bolstering the company’s technical leadership. Benjamin Samuels, former CRO of WeWork, has joined as GM of EMEA to lead expansion in the region, and Sharon Woods has joined as SVP of Enterprise Accounts, Public Sector, bringing two decades of leadership across the White House, Pentagon, and defense agencies. Invisible has now opened offices in New York, San Francisco, Washington, D.C., and London. With a team of 350, it has doubled the size of its engineering organization in 2025.

Vanara Managing Partner Hayden Lekacz will join Invisible’s Board of Directors, alongside Chairman and Founder Francis Pedraza; Charlie Songhurst, who also serves on Meta’s Board; Doug Clinton, Co-Founder and Partner at Deepwater Asset Management; John Lee, Partner at Jazz Venture Partners; and Robyn Scott, Co-Founder and CEO at Apolitical.

“Invisible is optimizing the adoption of enterprise AI at scale, building the foundational layer of the AI ecosystem that enterprises need, but few have figured out,” said Hayden Lekacz and Neil Kamath, Co-Founders and Managing Partners at Vanara. “As one of Vanara’s initial investments, Invisible represents the type of technology disruptors we are looking to support and empower. We are excited to partner with the team to continue to scale solutions that make AI work – modernizing workflows while pushing the boundaries of what is possible for enterprise technology.”

Making AI Work in the Real World

Enterprises across public and private sector industries—including Microsoft, Group III’s Swiss Gear, Science Applications International Corporation (SAIC), and the NBA’s Charlotte Hornets—use Invisible to operationalize AI and solve real-world challenges.

“Invisible’s computer vision models provided high-quality data that played a key role in validating our 2025 draft analysis,” said Patrick Harrel, VP of Basketball Insights & Analysis with the Charlotte Hornets. “The insights we gained proved incredibly valuable to our decision-making and we are excited to continue to work together.”

In retail, Invisible partnered with Swiss Gear to structure and unify its data, enabling smarter demand forecasting and greater visibility across the value chain. With SAIC and Vatn Systems, Invisible supported the companies in a joint exercise for the U.S. Navy designed to test military operations by planning for the application of advanced AI and autonomous decision-making to Unmanned Underwater Vehicles through automated analysis of vehicle and sensor performance.

These examples underscore how Invisible combines cutting-edge software and human expertise to deliver data-driven solutions at enterprise scale.

“We built Invisible quietly and profitably for years because we believe deeply in the combined power of technology and human intelligence. Making AI work requires both,” said Francis Pedraza, Co-Founder and Chairman of the Board. “The technology and operations we’ve developed training LLMs for model builders will be the same tools required to make AI work in the enterprise.”

About Invisible Technologies

Invisible Technologies is the AI software platform for the enterprise. Their end-to-end AI Software Platform structures messy data, builds digital workflows, deploys agentic solutions, evaluates/measures impact, and mobilizes relevant human experts. Invisible has trained foundation models for more than 80% of the world’s leading AI model providers, including Cohere, Microsoft, and AWS, and we have the expertise to customize AI for any industry, function, or use case. Invisible makes AI work in the real world. In 2024, we reached $134M in revenue and were named the #2 fastest growing AI company on the Inc. 5000.

Contacts

Media Contact
FINN Partners for Invisible Technologies
invisible@finnpartners.com

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


Venture Capital
Business Wire, Invisible Technologies, San Francisco, 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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