CB Insights

Wildfire Systems Named Top 100 Retail Tech Company by CB Insights

Retrieved on: 
Tuesday, March 21, 2023

Wildfire's platform powers rewards and loyalty programs for clients including large financial institutions and technology companies which allows those companies to help their customers save money and earn money when they shop online with coupons and cashback rewards. In addition to helping consumers save money when they shop -- which is even more critical as the U.S. faces record high inflation -- Wildfire also helps its B2B clients drive customer loyalty and  earn new revenue streams. 

Key Points: 
  • SAN DIEGO , March 21, 2023 /PRNewswire/ -- Wildfire Systems , an innovative fintech platform that powers white-label rewards programs and shopping platforms, announced that it has been named to the CB Insights third annual Retail Tech 100 , which showcases the 100 most promising private retail tech companies in the world.
  • Wildfire was recognized by CB Insights for its role in digital customer engagement.
  • CB Insights recognized all 16 companies for their ability to connect with shoppers across platforms and channels, with a focus on personalization and loyalty.
  • "We're honored to be recognized by CB Insights and named to their 2023 Retail Tech 100 list," said Jordan Glazier, CEO of Wildfire Systems.

Janus Receives Strategic Growth Investment from Enhanced Healthcare Partners to Accelerate Growth and Fuel Innovation

Retrieved on: 
Tuesday, March 21, 2023

CHICAGO, March 21, 2023 /PRNewswire/ -- Janus, a leading provider of healthcare revenue cycle management (RCM) technology, announced it has received a strategic growth investment from Enhanced Healthcare Partners (EHP), a leading private equity firm specializing in transformative, middle-market healthcare businesses.

Key Points: 
  • CHICAGO, March 21, 2023 /PRNewswire/ -- Janus, a leading provider of healthcare revenue cycle management (RCM) technology, announced it has received a strategic growth investment from Enhanced Healthcare Partners (EHP), a leading private equity firm specializing in transformative, middle-market healthcare businesses.
  • Janus, a leading provider of healthcare revenue cycle management (RCM) technology, receives a new strategic investment.
  • "This investment allows us to accelerate the development of our innovative revenue cycle platform, enabling revenue cycle teams to operate more efficiently and effectively."
  • "Janus is transforming the way health systems are dealing with revenue cycle management," said Won Park, partner at Enhanced Healthcare Partners, who will join Janus' Board of Directors.

Lily AI recognized as a 2023 Top 100 Retail Tech Company by CB Insights

Retrieved on: 
Thursday, March 16, 2023

MOUNTAIN VIEW, Calif., March 16, 2023 (GLOBE NEWSWIRE) -- Lily AI ("Lily" or the "Company"), a retail technology platform specializing in visual AI and ML solutions for retailers and brands, has been named to the CB Insights Top Retail Tech 100 list for 2023, which recognizes the most innovative companies transforming the retail industry with technology.

Key Points: 
  • MOUNTAIN VIEW, Calif., March 16, 2023 (GLOBE NEWSWIRE) -- Lily AI ("Lily" or the "Company"), a retail technology platform specializing in visual AI and ML solutions for retailers and brands, has been named to the CB Insights Top Retail Tech 100 list for 2023, which recognizes the most innovative companies transforming the retail industry with technology.
  • "We are grateful to CB Insights for recognizing Lily AI as a Top 100 Retail Tech Company.
  • Today, Lily AI is trusted by some of the world's most esteemed retailers, including Bloomingdale's, Macy's, Gap, thredUP, Marks & Spencer, and many others.
  • Lily is proud to help deepen customer loyalty by bringing inspiration and joy back to the experience of shopping.

edgeTI’s CEO Provides 2023 Outlook and Path Forward

Retrieved on: 
Thursday, March 16, 2023

This interim update highlights market trends and progress as well as important initiatives edgeTI™ has underway and planned for 2023.

Key Points: 
  • This interim update highlights market trends and progress as well as important initiatives edgeTI™ has underway and planned for 2023.
  • “With our path defined, I look forward to executing our growth initiatives to expand on the foundations we secured in 2022,” said Jim Barrett.
  • “As we model and project outcomes for 2023, we intend to land and onboard 5 new deals and exit the year with forward annual recurring revenues (ARR) of US$5.1M and by 2027 more than triple our forward ARR to near $19M.
  • Operationally, we have line of sight to reach cash flow positive during 2023.

Inspectorio Named to the 2023 CB Insights' Retail Tech 100 List

Retrieved on: 
Tuesday, March 14, 2023

MINNEAPOLIS, March 14, 2023 /PRNewswire/ -- Inspectorio, the leading AI-powered SaaS solution for supply chain organizations, today announced that it has been named to the CB Insights third-annual Retail Tech 100, which showcases the 100 most promising private retail tech companies in the world.

Key Points: 
  • The leading supply chain management platform recognized for helping brands, retailers, suppliers and factories improve quality, environmental and social compliance, and on-time delivery rates
    MINNEAPOLIS, March 14, 2023 /PRNewswire/ -- Inspectorio , the leading AI-powered SaaS solution for supply chain organizations, today announced that it has been named to the CB Insights third-annual Retail Tech 100 , which showcases the 100 most promising private retail tech companies in the world.
  • Inspectorio was recognized for its product suite – including its core solutions Inspectorio Sight, Inspectorio Rise, and Inspectorio Tracking – which help brands, retailers, suppliers, and factories around the world improve supply chain efficiency, sustainability, and performance.
  • "This year's Retail Tech 100 was more competitive than ever.
  • Quick facts on the 2023 Retail Tech:
    Equity Funding and Deals: The Retail Tech 100 cohort has raised over $5B in equity funding across more than 500 deals since the start of 2019.

Atomic’s New EmployerLink Solution Drives Competitive Advantage for Earned Wage Access Providers

Retrieved on: 
Wednesday, March 8, 2023

Atomic , the market-leading provider of payroll connectivity, unveiled new EmployerLink capabilities today—providing a powerful infrastructure for Earned Wage Access (EWA) solutions.

Key Points: 
  • Atomic , the market-leading provider of payroll connectivity, unveiled new EmployerLink capabilities today—providing a powerful infrastructure for Earned Wage Access (EWA) solutions.
  • View the full release here: https://www.businesswire.com/news/home/20230308005349/en/
    Atomic’s EmployerLink solution gives Earned Wage Access (EWA) providers a secure, scalable solution to give workers access to their earned, but unpaid wages when they need it most.
  • Atomic’s unique combination of employer and user permissioned payroll access allows EWA providers to maintain relationships directly with consumers, even when they switch jobs.
  • Bringing closer alignment between when wages are earned and paid allows for more financial liquidity,” said Jordan Wright, CEO and Co-Founder of Atomic.

Constructor Closes FY22 With Strong Growth in Home Goods and Furnishing Sector

Retrieved on: 
Tuesday, February 28, 2023

SAN FRANCISCO, Feb. 28, 2023 /PRNewswire/ -- Constructor, an AI-powered product search and discovery platform for ecommerce companies, today announced key milestones from a successful FY22 (Feb. 1, 2022-Jan. 31, 2023). Over the past year, the company has significantly grown its revenue and client base, particularly in home goods and furnishings, while executing on a commitment to product innovation — helping retailers worldwide deliver personalized, revenue-generating experiences to shoppers across channels.

Key Points: 
  • Retailers today recognize the need to engage shoppers with meaningful and individualized digital experiences, but sometimes find it's easier said than done.
  • Signed new clients across retail sectors, with especially strong traction in home goods and furnishings.
  • Across EMEA, Constructor serves retailers in the apparel, home goods and furnishings, toys, grocery, do-it-yourself (DIY) and general categories.
  • Tapping into our solution, e-commerce companies are creating cohesive omnichannel experiences that are a win-win: optimized for their metrics and personalized to their shoppers.

Socotra Achieves Strong 2022 Results With 71% Revenue Increase and 75% Growth in Customers

Retrieved on: 
Thursday, February 9, 2023

Socotra today announced its results for 2022, demonstrating strong momentum for its software and market-leading approach to overcoming the insurance industry's barriers to innovation.

Key Points: 
  • Socotra today announced its results for 2022, demonstrating strong momentum for its software and market-leading approach to overcoming the insurance industry's barriers to innovation.
  • Despite difficulties for the overall insurtech sector, Socotra achieved a 71% revenue increase and 75% growth in customers.
  • In 2022, Socotra continued to address the industry's need for flexibility and speed-to-market with the launch of Socotra App MarketPlace .
  • “Socotra’s strong growth in 2022 was the result of our team’s dedication to delivering industry-leading products and services to the insurance industry,” said Dan Woods, Founder and CEO of Socotra.

Alpaca VC & CRETI Launch PropCo Data Initiative

Retrieved on: 
Tuesday, January 31, 2023

What was once a niche opportunity set is increasingly attractive to institutional real asset allocators, but they need data and analytics,” said Daniel Fetner , General Partner, Alpaca VC.

Key Points: 
  • What was once a niche opportunity set is increasingly attractive to institutional real asset allocators, but they need data and analytics,” said Daniel Fetner , General Partner, Alpaca VC.
  • “It only makes sense to partner with CRETI, a paramount source of truth for PropTech.”
    Together, Alpaca VC and CRETI are well-equipped to offer both real asset allocators and startups visibility into PropCo data, analytics and funding by leveraging their combined thought leadership, networks and research.
  • With Alpaca VC, we will segment, standardize and report PropCo data and analytics for the first time.”
    With data collection underway using CRETI methodology, the first PropCo Data Initiative data set is slated for a spring release.
  • Learn more about PropCo at Alpaca VC PropCo .

Paxos Launches Engineering Research & Development Center of Excellence in Israel

Retrieved on: 
Thursday, February 2, 2023

The Paxos platform relies on hardware technology and advanced cryptography to ensure the security of its solutions. Engineers joining the Israeli center of excellence will be responsible for building out and refining some of the most important aspects of our product and operations -- transaction signing and the security of digital asset custody. The Paxos platform is used to secure billions of dollars' worth of transactions and must deliver timely transaction processing at scale with high availability. Paxos upholds the highest level of risk management standards and practices to offer its clients security, stability and transparency at all times. Managers and individual contributors joining Paxos will have a significant impact on the future of the platform and our ability to serve leading multinational enterprises.

Key Points: 
  • NEW YORK, Feb. 2, 2023 /PRNewswire/ -- Paxos , the most comprehensively regulated blockchain and tokenization infrastructure platform, announced it is launching an engineering research & development center of security and cryptography excellence in Israel.
  • Paxos plans to expand its Israel engineering center with senior, staff and principal engineers with specialized skills in enterprise-grade security, applied cryptography and blockchain technology given the strong tech talent pool in Israel.
  • Vitaliy Liptinchisky, Senior Director of Engineering of Paxos, stated, "Israel has emerged as a global hub for cryptography and security engineering.
  • Marina Bunin, Director of Engineering of Paxos in Israel, added, "Paxos intends to grow its team in the region over the course of 2023 and we plan to expand further beyond that.