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Snowflake Awards MTX Group with Incentive Funding to Drive Innovation in State and Local Government

Snowflake Awards MTX Group with Incentive Funding to Drive Innovation in State and Local Government

February 7, 2025 Craig Etkin

DALLAS, Jan. 28, 2025 /PRNewswire/ — MTX Group, a global leader in technology consulting and digital transformation, is excited to announce incentive funding by Snowflake Inc., a fully managed platform that powers the AI Data Cloud. MTX Group has been awarded incentive funding through the Snowflake Cloud Fund Program and Snowflake Accelerating Migration with Partners (AMP) initiative. This funding will support significant projects aimed at enhancing state and local government services. This incentive funding highlights Snowflake’s commitment to supporting the unique needs and use cases of the public sector.

The MTX Group and Snowflake partnership will accelerate the development of innovative data solutions, and modern data architectures that prioritize citizen needs and drive meaningful innovation in how critical government services are being delivered.

“Receiving this incentive funding highlights the strength of our partnership with Snowflake and our shared mission to drive impactful solutions for communities,” said Dan Osborne, Chief Client Officer at MTX Group. “This support enhances our ability to deliver meaningful outcomes for government agencies and their constituents. We are excited to leverage this funding to drive positive outcomes.”

Key focus areas include:

  • Driving Innovation Across Industries: Collaborating to implement innovative solutions that enhance efficiency across sectors.
  • Empowering Advanced Data Management and Analytics: Unlocking insights and enhancing data-driven strategies.
  • Maximizing Data Utilization for Public Sector Initiatives: Optimizing data sharing and access for creating positive public sector outcomes.
  • Streamlining Processes and Enhancing Decision-Making: Utilizing real-time analytics to refine workflows and support informed decision-making.

“MTX Group’s innovative work in state and local government aligns with Snowflake’s vision for public sector transformation. This investment reflects our confidence in MTX’s ability to create meaningful community impact while showcasing the power of data-driven solutions in government,” said John Whippen, RVP, US Public Sector SLED at Snowflake.”

MTX Group plans to utilize the incentive funding to support a major Emergency Relief and Respite Center project in a large city. This initiative will enhance the intake process for asylum seekers, improving data collection and tracking services such as housing assignments and transportation. In the first week alone, over 200 staff users were onboarded, and more than 1,200 asylum seekers were processed. Additionally, MTX Group developed an application that has served over 40,000 guests, facilitating housing assignments and transfers between facilities.

Highlights of the Partnership:

  • Incentive Funding: MTX Group awarded incentive funding through the Snowflake Cloud Fund Program and AMP initiative to support innovative public sector projects.
  • Innovative Solutions: Combining Snowflake’s advanced cloud technology with MTX Group’s expertise for advanced data management solutions.
  • Accelerated Digital Transformation: Enhancing efficiency in data utilization and decision-making.

About MTX Group

MTX is a global technology consulting firm that serves as a trusted advisor for government agencies and businesses to modernize through digital transformation. With data as the new currency, MTX helps transform long-term strategy with outcomes focused on happiness, health, and economics. By partnering with leading cloud technologies, MTX improves decision-making with speed and quality.

SOURCE MTX Group

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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.

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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.

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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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