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Gradient AI Secures $20 Million in Series B Financing – Consumer Electronics Net

2 hours ago
Funding to Meet Demand and Drive Further Growth of Its Artificial Intelligence and Machine Learning Solutions
BOSTON–(BUSINESS WIRE)–Gradient AI, the leading enterprise software provider of artificial intelligence solutions in the insurance technology space, announced today that it has raised $20.0 million in a Series B financing led by American Family Ventures with participation from principals from Stone Point Capital, and BSC Capital as well as existing investors MassMutual Ventures, Sandbox Insurtech Ventures and Forte Ventures.
This infusion of additional capital allows Gradient to expand its product offerings, accelerate its customer acquisition plans, and expand its Board of Directors with the addition of Kyle Beatty, Managing Director at American Family Ventures. Kyle brings deep domain and investing expertise in insurtech, data analytics, and enterprise software platforms, including prior leadership and product p ....

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MSO MariMed Looks to Expand After Securing $46 Million Financing

April 6, 2021 at 2:49 pm
Exclusive Interview with MariMed President and CEO Bob Fireman
“Bigger doesn’t mean better,” according to MariMed (OTCQX: MRMD) President and CEO Bob Fireman. Cannabis MSO MariMed doesn’t have the footprint of some of its peers, but it is profitable and looking to grow. Fireman spoke with New Cannabis Ventures about the company’s current market presence, interest in M&A and bringing more attention to the company. The audio of the entire conversation is available at the end of this written summary.
A History of Organic Growth
The MariMed management team has been together for more than 10 years. Over that time, the team has built the company from the ground up, winning licenses to develop the core business. The business was financed through real estate management licensing fees, according to Fireman. Then a year and a half ago, the team made the decision to consolidate its client operating business into a public company. ....

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