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

intelligence360

The Intelligent News Source

Jolly Raises $16.5M Series A

Jolly Raises $16.5M Series A

April 4, 2025 Craig Etkin

Zach Kirkhorn, former Tesla CFO, led the round and joins Jolly’s Board

Data-driven platform creates new earning opportunity for frontline workers

NEW YORK, March 26, 2025 /PRNewswire/ — Jolly, a workforce optimization platform, today announced a $16.5M Series A fundraise which was led by Zach Kirkhorn, former CFO of Tesla. In addition to Kirkhorn, who will join the company’s Board, the round included participation from angel investors Gokul Rajaram, Julien Codorniou, Steve Luczo, and David Marcus, and institutional support from Bullpen Capital, Dorm Room Fund, Eigen Ventures, among others. These funds will be used to expand Jolly’s product suite and scale into new verticals.

Historically, companies have struggled to align the motivation of frontline employees with the interests of business executives in a way that benefits both the employee and employer. With deskless employee satisfaction at an all-time low and advanced technology threatening disruption, it is more important than ever for executives to align employee interests with company goals. 

Similar to earning Miles on airlines or Cashback on a credit card, Jolly gives employees an opportunity to Earn Points at Work™. The platform incentivizes actions that are value-accretive to the business such as picking up extra shifts or showing up on time. Incentives are fully customizable while points are dispatched autonomously based on objective work data. Ultimately, the points can be used on gift cards or other high-value items.

“Frontline workers are the backbone of our economy — they are the folks paving roads early in the morning, cleaning dishes late at night, or delivering packages over holidays. These workers should be celebrated,” said Dean Zimberg, Founder and CEO of Jolly. “Employers want to reward actions that improve business outcomes. We’re proud to be the platform that gives the frontline a deserved piece of the bottom line.”

Prior to founding the company, Zimberg spent time as a data scientist and investor where he experienced first-hand the difficulty of recognizing and retaining a frontline workforce. Traditional employee recognition platforms rely on qualitative manager assessment, rewarding work visible by a manager. Jolly, however, relies on data-driven assessment resulting in recognition for work regardless of visibility or subjective opinions.

“Business leaders are under immense pressure to improve financial performance, but it’s also critical to ensure employees see a direct benefit from their hard work,” said Zach Kirkhorn, Board Member at Jolly. “Jolly has created a unique platform that ensures employees and companies can benefit together. The best businesses are those in which everyone wins, and I look forward to supporting the Jolly team on this important work.”

Jolly is already working with over 100 frontline employers across the United States and has over 30,000 essential workers using the platform. 

“We saw a 30% improvement in on-time documentation among our nursing staff after the first four months of using Jolly. The platform enabled quicker billing and better cash flow for our business,” said Fred Johnson, President and CEO of Team Select Home Care. “Jolly has been a win-win for Team Select, improving our revenue operations and boosting employee satisfaction.”

For more information about Jolly, visit jolly.com. 

About Jolly
Jolly Labs, Inc. (“Jolly”) is a workforce optimization platform that enables employees to earn points for value-accretive actions at work. The platform leverages gamification to create a win-win for employees and employers, driving improvements across productivity, compliance, referrals and loyalty. The company was founded by Dean Zimberg in 2022 and is headquartered in New York City. 

Media Contact
Alexa Borislow
media@jolly.com

SOURCE Jolly Labs, Inc.

Copyright © 2025 Cision US Inc.


Venture Capital
Cision, Jolly, New York, PRNewswire, Venture Capital

Post navigation

NEXT
Social Music App Hook Secures $3M in Additional Funding from Investors Including Kygo’s Palm Tree Crew, Khosla Ventures and Imaginary Ventures
PREVIOUS
Atlanta Georgia Metro based My Secret Garden has secured $1,800,000.00 in new commercial capital.
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

  • Circuit Raises $30M to Bring Purpose-Built AI Into Manufacturing and Service Operations March 10, 2026
  • Executive Change: Binarly Appoints Gwenyth Castro as Chief Executive Officer March 10, 2026
  • Executive Change: AXS Appoints Jason Boxer as Chief Financial Officer March 10, 2026
  • Anchr raises $5.8M to bring AI-native automation to America’s food supply chain March 10, 2026

Archives

© 2026   Copyright SI360 Inc. All Rights Reserved.