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The Enterprises Winning the Next Decade Will Run on Digital Workforces — Qurrent Raises $15M to Make That Happen

The Enterprises Winning the Next Decade Will Run on Digital Workforces — Qurrent Raises $15M to Make That Happen

April 6, 2026 Craig Etkin

SAN FRANCISCO, March 12, 2026 /PRNewswire/ —  Qurrent, the pioneer of autonomous digital workforces, today announced the close of a $15 million Series A funding round led by Cervin Ventures with participation by Streamlined Ventures. The round comes on the heels of explosive customer momentum: the company has executed over 6 million operational tasks in production – a number that has nearly tripled since November 2025 – driven by rapid expansion among existing customers and new enterprise adoption across finance, supply chain, legal, and property management.

While the prevailing AI narrative focuses on copilots and assistants that wait for human instruction, Qurrent is building something categorically different: autonomous digital workers that own complex back-office functions end to end. If a business has a documented standard operating procedure for invoice collection, supply chain reconciliation, vendor payments, or any other operational function, for instance, Qurrent can onboard a digital workforce to own it, fully managed, with performance guarantees written directly into the contract.

The results in production are striking. A major ad tech platform processes over $100 million in monthly partner payments in under 30 minutes, down from 25 days. A leading law firm has eliminated manual invoice collection entirely. A property investment firm saved over 18,000 hours of reconciliation work and reduced operational costs by more than $800,000 in a single year using Qurrent’s digital workers handling lease renewals, move-out requests, and property management at scale.

“We were very deliberate in choosing the right investor to help us scale. We chose Cervin Ventures because they share our vision for how AI will evolve the nature of work — not with narrow point solutions, but with digital workers custom-built to tackle complex operations.”
— Colin Wiel, Co-founder and CEO, Qurrent

“Qurrent is harnessing the power of AI models and delivering measurable margin improvement to enterprises. With every model improvement, their service becomes better, faster, and cheaper, enabling their customers to outpace their competition.”
— Neeraj Gupta, Co-founder and General Partner, Cervin Ventures

“We’ve evolved our operating model and driven greater operational efficiency by embedding AI and automation across Yahoo. Qurrent has helped us deploy a trusted digital workforce that scales with our business, empowering our teams to focus on the work that drives the greatest impact.”
—  Matt Sanchez,Chief Operating Officer, Yahoo

The funding will be used to accelerate enterprise expansion and deepen Qurrent’s platform capabilities. For more information, visit qurrent.com and follow us on LinkedIn.

ABOUT QURRENT

Qurrent provides fully managed, autonomous digital workforces that execute complex back-office operations across finance, supply chain, procurement, and more. Unlike AI tools that require customers to build and maintain their own automations, Qurrent owns the deployment, management, and ongoing performance of the digital workers — and contractually guarantees outcomes via SLAs. The company is headquartered in San Francisco and poised for growth. Learn more at qurrent.com.

SOURCE Qurrent

Copyright © 2026 Cision US Inc.


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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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