Flex raises $60M Series B equity round to scale its AI native “private bank” for high-net-worth business owners




Flex raises $60M Series B equity round to scale its AI native “private bank” for high-net-worth business owners

Flex has closed a $60 million Series B equity round led by Portage Ventures, 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.

San Francisco, Dec. 04, 2025 (GLOBE NEWSWIRE) — 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. 

Today, the company announced its $60 million Series B funding round led by Portage with participation from CrossLink Capital, Spice Expedition, Titanium Ventures, Wellington, Companyon Ventures, Florida Funders, FirstLook Partners, Tusk Venture Partners and others, bringing its total equity funding to $105 million.

This latest $60M equity round, followed by its $200M debt and $25M 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.

The timing aligns with Flex’s upcoming launch of Flex Elite, their new invite-only consumer card and membership, debuting today. Designed as a direct competitor to Amex Centurion, Flex Elite extends the company’s strategy to become the private bank for middle-market business owners, giving them a unified system that spans every dimension of their financial lives.

The Flex proposition: empowering boss entreprenuers. 

Traditional fintech platforms have focused either on micro-businesses or sophisticated enterprises. Flex serves the segment in between—the high net worth middle-market business owner generating $3 million to $100 million in revenue, collectively employing roughly 40% of American payroll. These owners are financially sophisticated and often manage their companies alongside significant personal assets, yet have no modern platform that supports the full lifecycle of their money. 

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.

The company is building AI agents across every product pillar to streamline both its internal operations and customer experiences—like credit underwriting agents to deeply understand every business, expense agents, payment workflows, cash management agents, and back-office ERP agents into a single “motherboard” for business owners. Flex’s vision is to provide every business owner a team of high quality finance agents to run their backoffice like an enterprise. This AI-driven architecture not only improves customer experience but also drives a structurally lower cost base for Flex, enabling it to operate with a lean headcount. In turn, Flex delivers AI-powered Owner Insights, transforming the data generated from customer activity into a beautiful, intuitive experience that positions Flex as their “AI CFO.”

Supporting this foundation is the company’s private credit arm. With its agentic underwriting system, Flex can price risk with greater precision and offer a true one-stop shop for all credit needs typically underserved by traditional banks, asset managers and larger enterprise-focused fintechs. This vertically integrated capital engine creates a powerful defensibility loop: as Flex originates more volume, customers adopt more Flex financial products across their lives, making its risk models smarter, and improving its unit economics.

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.

Zaid Rahman: Flex CEO and Founder.

“Our mission is to build the private bank ambitious business owners have always deserved,” said Zaid Rahman, Founder and CEO of Flex. “Middle-market business owners employ 40% of Americans, but the financial system has never been designed around their complex needs. 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. Unlike many of our FinTech peers who focus on saving large enterprises money, we focus on helping ambitious owners make more money.”

The momentum is supported by broader market trends indicating consolidations of financial tools, simpler workflows, integrated credit, and unified visibility across business and personal lines. However, personal finance products for affluent individuals have remained largely unchanged for decades. Flex is bridging that gap with a unified system that reflects how these owners actually operate in both their business and personal lives.

Team Flex is helping business owners run both their business and personal finances in one place.

“Flex is building a category-defining financial institution,” said Jake Bodanis, Partner at Portage. “The company has proven that middle-market business owners are both massively underserved and extremely valuable customers when given the right financial infrastructure. Flex’s hypergrowth and best in class capital efficiency speaks to how powerful this model is.”

With the long-term goal of building the complete financial stack for middle-market business owners across the United States Flex is capturing the full life cycle of money, offering both business and personal financial products. Flex aims to become the central platform this segment relies on to grow and transfer wealth across generations.

Media images can be found here. 

Covington & Burling LLP provided external counsel to Flex on the transaction.

About Flex
Launched in 2023, Flex (a Flexbase Technologies, Inc. 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. Visit www.flex.one.

About Portage
Portage is a global investment platform focused on fintech and financial services with over US$5.7 under management, 115+ portfolio companies, and 25+ investment professionals. Our firm has offices in Canada, the United States, Europe, and the Middle East.

Our team partners with ambitious companies across all stages, through Portage Ventures and Portage Capital Solutions. We provide flexible capital and deliver a global network of investors, commercial partners, advisors, and value creation experts. Our dedicated value creation team provides portfolio companies with hands-on support in go-to-market, tech & cyber, business acceleration and M&A, and partnerships to accelerate their paths to success. With deep industry knowledge and entrepreneurial experience, Portage is committed to supporting the leaders who are reshaping financial services.

Our Partnerships team focuses on long-term commercial collaboration opportunities and has generated 140+ partnerships between corporate financial institutions and portfolio companies. Portage is a platform within Sagard, a global multi-strategy alternative asset management firm with over US$33B under management. For more information, visit www.portageinvest.com

CONTACT: For further information please contact the Flex press office on press@flex.one 

Etaily lands strategic investment from Japan’s SMBC – bringing total funding to $24M for Social Commerce enablement platform




Etaily lands strategic investment from Japan’s SMBC – bringing total funding to $24M for Social Commerce enablement platform

Manila, Dec. 04, 2025 (GLOBE NEWSWIRE) — etaily, the Philippines’ digital-native retail platform, has secured new strategic investments led by Japan’s Sumitomo Mitsui Banking Corporation (SMBC), through its SMBC Asia Rising fund, bringing its total funding to over $24 million. Other investors in this round include Kaya Founders, JGDEV of the Gokongwei Group as well as other notable Asia-based families.

etaily enables some of the world’s best-known consumer brands in Southeast Asia, including Levi’s, Skechers, Abbott, L’Oreal among others. Etaily operates the eCommerce and marketing arm of more than 80 consumer brands and combines this with brand building, in having built Philippines fastest growing pet food brand Floof Pets next to supplements brands Nutrie among others. Gross Sales have doubled in the last 12 months as it accelerates growth in the region’s $230B retail market.

Alexander Friedhoff, Founder & CEO of etaily

The Financial Times ranks etaily as one of the fastest growing companies in the Asia-Pacific region in 2025.
The investment comes right after Financial Times (FT) ranked etaily as the third fastest growing company in the APAC region, and the fastest growing in the Philippines. Only 2 other companies in the APAC region were from the Philippines, among 2000 peers.

Expanding across Southeast Asia with WPP partnership
Headquartered in the Philippines, etaily aims to build a multi-country cluster across Malaysia, Singapore, and beyond, enabling brands to enter and scale in Southeast Asia. A recently announced partnership with WPP Media strengthens etaily’s retail and media enablement capabilities, combining commerce infrastructure with world-class marketing expertise. The WPP Media Partnership aims to address Social Commerce Needs for clients in the cluster Philipines-Malaysia-Singapore, with recently first lifestyle brands onboarded in this cluster.

Southeast Asia’s e-commerce market is projected to reach $230 billion in GMV by 2026, with the Philippines identified as the fastest-growing e-commerce market globally in 2024, expanding 25% year-on-year.

According to Bain & Company, the region is expected to gain 140 million new consumers by 2030, with the Philippines leading in digital adoption. The country also records the highest online utilization rates in Southeast Asia, with users spending an average of eight hours per day on mobile devices.

etaily enables global brands to enter Southeast Asia and helps local brands expand across multiple markets.

A platform built for global brands
Founded in 2020 by Alexander Friedhoff, etaily has processed over 40 million orders across Lazada, Shopee, TikTok Shop and brand.com channels. Its proprietary commerce engine spans the full value chain, from brand development and operations to fulfillment and analytics, including the recently launched Livestreaming, Affiliates and Shortterm video solution.

Alexander Friedhoff, Founder & CEO of etaily, said: ”For the last five years, we’ve focused on building etaily into a commerce powerhouse for global brands in Southeast Asia. Now it is time to double down on the latest developments in Social Commerce and Livestreaming. With our massive focus on fully controlled livestream studios we will be able to offer asset-light operations, and now strengthened partnerships and investors, we are positioned to lead the next wave of online-first, offline-to-follow retail in our regional cluster.”

Katsufumi Uchida, Head of Asia Pacific Division and Managing Executive Officer of SMBC added: “As we celebrate 10 years in the Philippines, SMBC Group remains dedicated to our Asia Multi-Franchise strategy, leveraging our extensive branch network to strengthen our presence in the Philippines and across the region, striving for the continued economic growth in the Philippines. We are excited to contribute to the expansion of local commerce ecosystems and to connect financial services with the evolving digital marketplace through strategic partnerships such as with etaily.“

Etaily’s growth has been supported by a range of prominent investors, including major conglomerates like Ayala Corporation, Southeast Asia’s oldest conglomerate, as well as the Gokongwei Group, Landmark’s Cheng family, and the Po family behind Century Pacific Food Corporation. In 2023 Etaily raised its last funding round, a Series A which was led by an investment from Taiwan’s SKS Capital and Singapore’s Pavilion Capital, a private equity firm under Temasek Holdings. Other investors include the Magsaysay Family, Kaya Founders, Japan’s SBI (former Soft bank) ICCP Fund and Foxmont Capital.

Media images can be found here. 

About SMBC & SMBC Asia Rising Fund
Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, SMBC put its customers first and provided seamless access to, from and within the Asia Pacific region.

SMBC Asia Rising Fund serves as the corporate venture capital arm of SMBC, one of the leading banks in Japan. Designed to accelerate business development and cultivate strategic partnerships, the fund invests in high-potential startups actively operating across the Asia-Pacific region. Through this initiative, SMBC Group seeks to enhance its business capabilities and deliver innovative solutions to clients by leveraging emerging technologies, collaborating with portfolio companies, and developing new business models and products.

About Etaily
Etaily is a digital-native retail platform for Southeast Asia. The company builds, operates, and scales consumer brands across the region. Etaily provides end-to-end e-commerce and retail support—including marketplace operations, D2C, social commerce, livestreaming, digital and affiliate marketing, studio production, and customer service.

Etaily follows an online-first, offline-to-follow approach. The platform enables global brands to enter Southeast Asia and helps local brands expand across multiple markets. The company operates in the Philippines, Singapore, and Malaysia, combining operations technology, retail expertise, and a unified distribution framework.

CONTACT: For further information please contact the etaily press office: Bilal Mahmood on b.mahmood@stockwoodstrategy.com  or +44 (0) 771 400 7257

Etaily lands strategic investment from Japan’s SMBC – bringing total funding to $24M for Social Commerce enablement platform




Etaily lands strategic investment from Japan’s SMBC – bringing total funding to $24M for Social Commerce enablement platform

Manila, Dec. 04, 2025 (GLOBE NEWSWIRE) — etaily, the Philippines’ digital-native retail platform, has secured new strategic investments led by Japan’s Sumitomo Mitsui Banking Corporation (SMBC), through its SMBC Asia Rising fund, bringing its total funding to over $24 million. Other investors in this round include Kaya Founders, JGDEV of the Gokongwei Group as well as other notable Asia-based families.

etaily enables some of the world’s best-known consumer brands in Southeast Asia, including Levi’s, Skechers, Abbott, L’Oreal among others. Etaily operates the eCommerce and marketing arm of more than 80 consumer brands and combines this with brand building, in having built Philippines fastest growing pet food brand Floof Pets next to supplements brands Nutrie among others. Gross Sales have doubled in the last 12 months as it accelerates growth in the region’s $230B retail market.

Alexander Friedhoff, Founder & CEO of etaily

The Financial Times ranks etaily as one of the fastest growing companies in the Asia-Pacific region in 2025.
The investment comes right after Financial Times (FT) ranked etaily as the third fastest growing company in the APAC region, and the fastest growing in the Philippines. Only 2 other companies in the APAC region were from the Philippines, among 2000 peers.

Expanding across Southeast Asia with WPP partnership
Headquartered in the Philippines, etaily aims to build a multi-country cluster across Malaysia, Singapore, and beyond, enabling brands to enter and scale in Southeast Asia. A recently announced partnership with WPP Media strengthens etaily’s retail and media enablement capabilities, combining commerce infrastructure with world-class marketing expertise. The WPP Media Partnership aims to address Social Commerce Needs for clients in the cluster Philipines-Malaysia-Singapore, with recently first lifestyle brands onboarded in this cluster.

Southeast Asia’s e-commerce market is projected to reach $230 billion in GMV by 2026, with the Philippines identified as the fastest-growing e-commerce market globally in 2024, expanding 25% year-on-year.

According to Bain & Company, the region is expected to gain 140 million new consumers by 2030, with the Philippines leading in digital adoption. The country also records the highest online utilization rates in Southeast Asia, with users spending an average of eight hours per day on mobile devices.

etaily enables global brands to enter Southeast Asia and helps local brands expand across multiple markets.

A platform built for global brands
Founded in 2020 by Alexander Friedhoff, etaily has processed over 40 million orders across Lazada, Shopee, TikTok Shop and brand.com channels. Its proprietary commerce engine spans the full value chain, from brand development and operations to fulfillment and analytics, including the recently launched Livestreaming, Affiliates and Shortterm video solution.

Alexander Friedhoff, Founder & CEO of etaily, said: ”For the last five years, we’ve focused on building etaily into a commerce powerhouse for global brands in Southeast Asia. Now it is time to double down on the latest developments in Social Commerce and Livestreaming. With our massive focus on fully controlled livestream studios we will be able to offer asset-light operations, and now strengthened partnerships and investors, we are positioned to lead the next wave of online-first, offline-to-follow retail in our regional cluster.”

Katsufumi Uchida, Head of Asia Pacific Division and Managing Executive Officer of SMBC added: “As we celebrate 10 years in the Philippines, SMBC Group remains dedicated to our Asia Multi-Franchise strategy, leveraging our extensive branch network to strengthen our presence in the Philippines and across the region, striving for the continued economic growth in the Philippines. We are excited to contribute to the expansion of local commerce ecosystems and to connect financial services with the evolving digital marketplace through strategic partnerships such as with etaily.“

Etaily’s growth has been supported by a range of prominent investors, including major conglomerates like Ayala Corporation, Southeast Asia’s oldest conglomerate, as well as the Gokongwei Group, Landmark’s Cheng family, and the Po family behind Century Pacific Food Corporation. In 2023 Etaily raised its last funding round, a Series A which was led by an investment from Taiwan’s SKS Capital and Singapore’s Pavilion Capital, a private equity firm under Temasek Holdings. Other investors include the Magsaysay Family, Kaya Founders, Japan’s SBI (former Soft bank) ICCP Fund and Foxmont Capital.

Media images can be found here. 

About SMBC & SMBC Asia Rising Fund
Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, SMBC put its customers first and provided seamless access to, from and within the Asia Pacific region.

SMBC Asia Rising Fund serves as the corporate venture capital arm of SMBC, one of the leading banks in Japan. Designed to accelerate business development and cultivate strategic partnerships, the fund invests in high-potential startups actively operating across the Asia-Pacific region. Through this initiative, SMBC Group seeks to enhance its business capabilities and deliver innovative solutions to clients by leveraging emerging technologies, collaborating with portfolio companies, and developing new business models and products.

About Etaily
Etaily is a digital-native retail platform for Southeast Asia. The company builds, operates, and scales consumer brands across the region. Etaily provides end-to-end e-commerce and retail support—including marketplace operations, D2C, social commerce, livestreaming, digital and affiliate marketing, studio production, and customer service.

Etaily follows an online-first, offline-to-follow approach. The platform enables global brands to enter Southeast Asia and helps local brands expand across multiple markets. The company operates in the Philippines, Singapore, and Malaysia, combining operations technology, retail expertise, and a unified distribution framework.

CONTACT: For further information please contact the etaily press office: Bilal Mahmood on b.mahmood@stockwoodstrategy.com  or +44 (0) 771 400 7257

Unlimited Industries raises $12M to build the AI construction company that will power America’s future




Unlimited Industries raises $12M to build the AI construction company that will power America’s future

Andreessen Horowitz and CIV invest in Unlimited Industries as it transforms infrastructure construction using AI. The company’s platform automates engineering design, cutting project costs by millions and reducing pre-construction time from months to days.

San Francisco, Dec. 03, 2025 (GLOBE NEWSWIRE) — 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.

Unlimited Industries founderd: (L to R) Tara Viswanathan, Alex Modon and Jordan Stern.

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.

“Advances in AI mean we can finally build the physical world the way we build software,” said Alex Modon, Co-Founder and CEO of Unlimited Industries. “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”

The company was founded by Alex Modon, a multidisciplinary engineer and repeat founder who entered the world of industrial construction only to discover how outdated it was. On his first major project in one of the most construction-friendly regions of Texas, he found a system mired in inefficiency, misaligned incentives, and inertia. Projects that should have taken months dragged on for years, and each step relied on disconnected tools and manual processes that made it impossible to iterate quickly. The experience led to a realization: with the advent of powerful new AI models, physical infrastructure could finally be built the way software is built. That idea became Unlimited. 

To accelerate the company, Modon teamed up with Tara Viswanathan and Jordan Stern, who previously built and scaled Rupa Health (founder / CEO and first teammate respectively) from zero to millions in revenue before its successful acquisition in 2024.

Unlimited Industries platform at work. 

The company’s approach is already proving its value in the field. On a recent industrial project, Unlimited reduced the time required for pre-construction engineering from six months to just a few weeks, allowing work to begin far earlier while improving design certainty. In another, its AI platform explored tens of thousands of potential configurations and identified an optimal design that reduced projected capital costs by over 50 percent. Each project makes the system smarter, strengthening the models, cost data, and workflows that underpin Unlimited’s platform. While their goal is to automate all construction, the company is starting with what’s most needed now: rapidly building power in the US for data centers, critical minerals, and advanced manufacturing projects. They currently work with a wide range of customers in this space, from 100 year old public companies to cutting edge energy startups.

The company’s approach is novel in how it ties incentives to measurable outcomes. Traditional engineering and construction firms profit from delay and inefficiency through cost-plus contracts and change orders. Unlimited’s model flips that dynamic. Its integrated structure allows for unlimited design iterations at near-zero marginal cost – a shift that turns static engineering into a continuous optimization process.

“The engineering and construction industry has remained largely unchanged for decades,” said Katherine Boyle, General Partner at Andreessen Horowitz. “Unlimited’s vertically integrated, AI-first approach represents a paradigm shift, turning design and build into a rapid and continuous optimization problem. This is exactly the kind of innovation needed to restore America’s ability to build ambitious infrastructure at scale.”

“We are in the midst of the largest infrastructure buildout of our generation, but constrained by our existing resource base,” says Abhijoy Mitra, Co-Founder & Managing Partner at CIV. “The only way to have our existing workforce meet this moment is to amplify their impact with the latest advancements in AI. Unlimited is building the platform to accomplish this at scale today.”

Unlimited’s broader mission is to rebuild America’s capacity to build, turning industrial construction into an agile, software-driven process that keeps pace with the country’s most ambitious goals. By aligning technology, talent, and incentives around outcomes instead of process, the company is charting a new path for how infrastructure gets built – one that makes speed, adaptability, and abundance the standard for America once again.

Media images can be found here. 

About Unlimited Industries
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. www.unlimitedindustries.com

About Andreessen Horowitz
Andreessen Horowitz (a16z) is a venture capital firm that backs bold entrepreneurs building the future through technology. The firm is stage agnostic. a16z invests in seed to venture to growth-stage technology companies, across AI, bio + healthcare, consumer, crypto, enterprise, fintech, games, infrastructure, and companies building toward American Dynamism. Founded in Silicon Valley in 2009, a16z has $46B in committed capital across multiple funds.

About CIV
CIV is an investment firm that backs and builds transformative companies reshaping the world’s most critical industries. By combining deep operating expertise, a flexible capital model, and a unique global advisory network, CIV creates structural advantages for visionary founders tackling society’s most urgent challenges. When the best company exists, we back it. When it doesn’t, we partner with exceptional founders to develop groundbreaking ideas, build new companies, and accelerate their growth. www.civ.co

CONTACT: For further information please contact the Unlimited Industries press office on press@unlimitedindustries.com 

Eon, the First Cloud Storage Platform to Unlock Backup Data for Enterprise AI, Raises $300M Led by Elad Gil




Eon, the First Cloud Storage Platform to Unlock Backup Data for Enterprise AI, Raises $300M Led by Elad Gil

The round includes prior lead investors Sequoia Capital, Lightspeed Venture Partners, Greenoaks, and BOND, with participation from Affinity, Omri Casspi, Vine Ventures and others, tripling Eon’s valuation to $4B amidst explosive customer traction.

NEW YORK, Dec. 02, 2025 (GLOBE NEWSWIRE) — Eon, the first to unlock cloud data backups for enterprise AI, today announced that it has raised a $300 million Series D funding round led by Elad Gil of Gil Capital. The round brings Eon’s total funding to $500 million since its founding less than two years ago, and increases its valuation to $4 billion, positioning it as the fastest-growing company in cloud infrastructure. The round included returning investors Sequoia Capital, Lightspeed Venture Partners, Greenoaks, and BOND.

“Eon has built a foundation for the future that makes AI and broader enterprise intelligence possible.” said Ofir Ehrlich, Co-Founder and CEO of Eon. “We hear from customers that they are solving for two critical challenges: first, storing enterprise data efficiently and compliantly to minimize risk, and second, transforming the data goldmine they’re sitting on into active fuel for their business and AI strategies.”

The funding follows a year of exceptional growth for Eon. Founded by the team that built and led AWS Disaster Recovery and Migration services, Eon is a trusted partner for enterprises seeking to unify, protect, and activate structured and unstructured data across multi-cloud environments. In the race to integrate and operationalize AI, enterprises are discovering their most valuable data is largely inaccessible, locked inside legacy backup storage. Eon turns that dormant data from both IaaS and PaaS services into a live, browsable, searchable and queryable foundation for AI training and analytics, unlocking new business value.

“Before Eon, accessing critical data meant dealing with tickets, manual snapshots, and waiting an entire day. It was a complex and costly process, an operational bottleneck preventing growth within the cloud,” said CJ Keefe, Director of Corporate Infrastructure, DevOps, and SRE at SoFi, an Eon customer. “Now, our data is instantly accessible in a self-service format. It’s eliminated manual toil around access and usability, accelerating our data preparation time by over 90%. We’ve experienced firsthand how Eon is shaping data resilience from passive insurance to an active, measurable engine for speed and self-service.”

Eon’s transformative platform automates ingestion from cloud data sources across AWS, Microsoft Azure, and Google Cloud under a single pane of glass. This unlocks cloud data by converting static backups into an accessible data lake—turning them into live, portable assets for AI, analytics, and recovery. Customers use Eon to automate backup posture, reduce compliance risk, and eliminate infrastructure waste. By moving data from primary storage into Eon’s secondary storage, the platform maintains direct object storage API access while delivering efficiency, including backup cost reduction of 30 to 50 percent.

“Eon is building one of the most important layers of the modern enterprise stack,” said Elad Gil, lead investor for the Series D. “Data is the most valuable, invisible asset on every company’s balance sheet. Companies will sink or swim based on their ability to access, analyze, and build on their data, and Eon’s momentum comes from making that possible in a new way.”

Eon will use the new capital to accelerate R&D, global hiring, and U.S. market expansion while deepening its integrations with leading cloud providers. The company is strengthening strategic partnerships with AWS, Microsoft Azure, and Google Cloud as well as other technology leaders to extend its platform’s reach and interoperability. Eon’s leadership team includes co-founders Ofir Ehrlich (CEO), Gonen Stein (President) and Ron Kimchi (CTO), as well as Avi Biton (CFO) and Moshe Milman (CSO).

To learn more about Eon, please visit https://www.eon.io/.

About Eon

Eon is the leader in autonomous cloud backup for data resilience, providing instant access to enterprises’ largest unused data source – their cloud backups – to unlock their true potential and make them immediately useful for AI and analytics. As the first cloud backup posture management (CBPM) platform, Eon automates and converts complex and costly cloud backups into a unified, queryable data lake, enabling fast and easy data recovery, simplifying compliance, and powering deep analytics. Founded by Ofir Ehrlich, Gonen Stein and Ron Kimchi, the team that built and led the AWS Disaster Recovery and Migration services, Eon is backed by Sequoia, Lightspeed, Greenoaks, BOND, Elad Gil and dozens of industry leaders. For more information and to learn more, please visit https://www.eon.io/.

Press inquiries: press@eon.io

Louder.ai, Inc. Launches $1.5 Million Capital Raise to Scale Its Patented Crowdfunded Digital Advertising Platform




Louder.ai, Inc. Launches $1.5 Million Capital Raise to Scale Its Patented Crowdfunded Digital Advertising Platform

NEW YORK, Dec. 02, 2025 (GLOBE NEWSWIRE) — Louder.ai, Inc., a New York–based advertising technology company, today announced the launch of its $1.5 million fundraising round to expand and commercialize its patented platform that merges crowdfunding with advanced programmatic advertising. The raise is open to the public, with investments starting at just $500, allowing supporters to become shareholders in a company that is redefining how movements, brands, and causes amplify their message online.

Louder.ai was built on a simple but transformative idea: What if the people who believe in a message could also be the people who fund its reach? That concept led to the development of a patented system that integrates supporter contributions directly into advertising budgets—turning communities into amplifiers and allowing campaigns to scale organically.

Solving a Growing Problem in Digital Advertising

Traditional digital advertising increasingly disadvantages grassroots movements, emerging brands, and cause-driven organizations. Rising CPMs, consolidated corporate control, and shrinking organic reach make it harder than ever for smaller voices to be heard.

Louder.ai flips this model by enabling communities—not corporations—to determine what messages rise above the noise.

A Patented Solution: Crowdfunded Programmatic Advertising

The Louder.ai platform integrates crowdfunding directly into the ad delivery process. Supporters contribute to ad budgets, transforming every donor into an investor in the message itself.

Key capabilities include:

• Crowdfunded Ad Budgets: Supporters fund advertising directly, enabling campaigns that effectively pay for themselves.
• Interactive Video Ads: Engaging, clickable, high-performance units that drive audiences to custom landing pages optimized for action.
• Precision Audience Targeting: Behavioral, demographic, and interest-based targeting ensures that every dollar reaches the people most likely to engage.
• Lower Advertising Costs: The patented methodology stretches budgets further than traditional ad platforms.

“This isn’t just advertising—it’s movement-building infrastructure,” Ablow said.

Why Now?

Louder.ai’s launch comes at a moment of seismic change:

• The creator economy is reshaping media influence
• Startups and social causes seek alternatives to costly legacy advertising
• Political and cultural movements rely on digital amplification more than ever
• Communities want to participate, not just consume

Louder.ai sits precisely at this intersection—leveraging crowdfunding, digital ads, and community-driven communication to create a new playbook for impact.

Use of Funds

The $1.5 million raise will accelerate:

• Expansion of platform infrastructure and engineering
• Deployment into political, nonprofit, brand, and social-impact markets
• Go-to-market partnerships with media and technology firms
• Growth of customer onboarding, sales, and support operations

Investors can participate with a minimum investment of $500.

A New Way to Own the Future of Influence

“This is an opportunity for anyone who believes in our mission to own a piece of it,” Ablow said. “The future of advertising isn’t about who has the biggest budget—it’s about who has the strongest community.”

How to Invest

Interested investors can view offering documents, disclosures, and secure their shares at: www.Louder.ai/invest.

About Louder.ai, Inc.

Louder.ai, Inc. is a patented digital advertising platform that merges crowdfunding with programmatic advertising to democratize digital influence. By enabling supporters to fund targeted ad campaigns directly, Louder.ai empowers brands, causes, and creators to amplify their messages through community-driven reach.

Media Contact:

Louder.ai, Inc.
New York, NY
Email: info@louder.ai

Lighthouse Tech awarded CHF 1.2M from Innosuisse, and launches Equity Crowdfunding round to scale growth




Lighthouse Tech awarded CHF 1.2M from Innosuisse, and launches Equity Crowdfunding round to scale growth

Lugano, Switzerland, Dec. 02, 2025 (GLOBE NEWSWIRE) —

• Innosuisse, the Swiss Innovation Agency, has awarded a CHF 1.2 million innovation project to support collaborative work with ETH Zurich and CSEM on next-generation wearable mobility-assistance technologies for people who are blind or visually impaired.
• The equity crowdfunding round opens on 3 December 2025 with OOmnium, a Zurich-based platform, with a target of CHF 1.5 million; of which CHF 600,000 has already been committed.

Lugano, Switzerland, 2 December 2025 – Lighthouse Tech SA, the Swiss start-up pioneering smart eyewear for people who are blind or visually impaired, today announced that it has been awarded a CHF 1.2 million innovation project by Innosuisse, the Swiss Innovation Agency. The project will be carried out in collaboration with ETH Zurich and CSEM, two of Switzerland’s leading research institutions.

Starting in January 2026, the Innosuisse-funded project will advance next-generation wearable mobility-assistance technologies. The work focuses on pushing the boundaries of embedded AI at the edge, enabling significant improvements in real-time obstacle detection and paving the way for integrating advanced mobility-assistance functions into lightweight, everyday eyewear.

“We are grateful for Innosuisse’s support and proud to partner with ETHZ and CSEM on this important work,” said Nathan Deutsch, Co-Founder and Chief Operating Officer of Lighthouse Tech. “This collaboration will allow us to bring cutting-edge technologies to TAMI^® that our community of users is requesting, advancing our mission to make everyday mobility safer, more intuitive, and more accessible.”

Lighthouse Tech is also launching a CHF 1.5 million equity crowdfunding round through OOMNIUM, a digital investment and crowdfunding platform based in Zurich. Of this target amount, CHF 600,000 has already been committed. The campaign opens on Wednesday, 3 December, and closes on Tuesday, 9 December 2025. With a minimum investment of CHF 1,000, the round is designed to make participation accessible to a wider community of supporters.

“After reaching several key milestones over the past 12 months, this funding will allow us to scale our growth and expand TAMI’s presence across Europe and beyond,” commented Franco Burlando, Co-Founder and CEO of Lighthouse Tech. “We have chosen OOMNIUM in response to the many requests we received from people eager to invest in our impact-driven mission.”

Investment link: https://oomnium.link/Lighthouse-Tech-SA

Press contact and inquiries

Beatrix Benz
Phone: +41 79 256 77 73
E-mail: beatrix.benz@benz-advisory.com

About Lighthouse Tech

Lighthouse Tech develops smart eyewear solutions that enhance independent mobility for people who are blind or visually impaired. By combining user-centered design with advanced sensor technology and embedded AI, Lighthouse Tech aims to deliver accessible and intuitive assistive products. The company launched TAMI^®, in 2025.
More information: https://www.lighthousetech.ch/

About Innosuisse

Innosuisse is the Swiss government’s innovation agency that promotes science-based innovation to benefit the economy and society. It supports SMEs, start-ups, and research institutions by providing funding, coaching, and networking opportunities to help them develop and commercialize new products, processes, and services.

About ETH Zurich

ETHZ (Eidgenössische Technische Hochschule Zurich) is a leading international university in the fields of technology and natural sciences, founded in 1855. It is one of the world’s top-ranked universities and is known for its excellent education, fundamental research, and strong emphasis on transferring knowledge to practice. The university offers Bachelor’s, Master’s, and Doctoral degrees in science, engineering, architecture, and related fields.

About CSEM

CSEM (Centre suisse d’éléctronique et de microtechnique) is a public-private, non-profit Swiss technology innovation center. CSEM enables competitiveness through innovation by developing and transferring world-class technologies for the industrial sector.

About OOmnium

OOMNIUM is a Swiss digital investment and crowdfunding platform that connects investors – even with relatively small budgets, with startups looking to raise growth capital. It simplifies and speeds up fundraising so that the founders only have a single cap-table position regardless of the number of investors. At the same time, for investors it opens access to promising early-stage ventures (especially in sustainability, health tech, and innovation), allowing participation with digital shares and full transparency – no traditional bank intermediaries required.

Attachments

• Press Release_LTH_InnoSuisse_CF_Final_EN_251202
• TAMI® – smart eyewear for people who are blind or visually impaired
• TAMI® makes everyday mobility safer, more intuitive, and more accessible