Wells Fargo Strategic Capital

Membership-based, non-insurance healthcare companies helping maintain a steady state of well being.

Preventive Healthcare

ConcertoCare (formerly ConcertoHealth) is a value-based primary care provider that operates an omnichannel care delivery model, offering both in-person and virtual care services to seniors and those enrolled under Medicare Advantage, including remote patient monitoring services to manage chronic conditions. Its proprietary population health data analytics and clinical decision support platform Patient3D offers actionable insights on a patient.The platform has two main programs: 1) CarePartners In-Home Support, a program designed for the complex needs of patients and primary care providers, and 2) In-Home Primary Care Provider, a program designed for users who do not have a primary care provider.In February 2021, the company merged with fellow home-care provider Perfect Health. Further, in <a href="https://sp-edge.com/updates/8275">February 2022</a>, the company acquired home-based primary care provider Crown Health to expedite its growth and improve health outcomes among older adults in the Pacific Northwest region.As of May 2024, its services were available in five states across the US.Funding and financialsIn <a href="https://sp-edge.com/updates/8275">February 2022</a> the company raised USD 105 million via a Series B funding led by Wells Fargo Strategic Capital, which was used to enhance its care delivery model, expand partnerships with value-based health plans, and launch in new markets across the US.

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 Sharecare is a preventive care platform that provides a range of personalized digital therapeutics programs to help members achieve their health goals through lifestyle changes. The company offers a wide range of digital therapeutic and health coaching programs covering mindfulness, tobacco cessation, weight loss, and chronic disease management.&nbsp;
 
 
 The app-based platform is available to track vitals, set goals, order medication, and store medical records that can be accessed by a user&rsquo;s doctor. For healthcare providers, the platform offers value-based care programs, information management solutions, and payment integration.&nbsp;
 
 
 The company operates a B2B2C business model targeting employers, health insurance companies, life sciences companies, and healthcare providers. As of March 2023, the company has over 12 million members.
 
 
 In August 2021, the company acquired CareLink, an on-demand digital home-based healthcare platform. The acquisition allowed Sharecare to enter the home care space, providing access to CareLinx&rsquo;s network of 450,000 caregivers. This marked the 18th acquisition by the company since its inception in 2010.&nbsp;
 
 
 Sharecare began trading on the Nasdaq in July 2021, under the ticker symbol &ldquo;SHCR&rdquo; following a merger with special purpose acquisition company Falcon Capital Corporation. However, in 
 <a href="https://sp-edge.com/updates/30782">
 June 2024
 </a>
 , the company was acquired by healthcare investment firm Altaris for a consideration of USD 518 million and transitioned to a privately owned entity.
 
 
 For 
 <a href="https://about.sharecare.com/press-releases/sharecare-announces-fourth-quarter-and-full-year-2023-financial-results-and-operational-highlights/">
 FY2023
 </a>
 , the company reported a revenue of USD 445.3 million, a 1% YoY increase. However net loss for the year increased by 8/3% YoY to USD 128.5 million.
 
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Democratizing financial technology with a suite of API-based solutions

FinTech Infrastructure

Socure offers an automated machine learning and predictive analytics platform for enterprises to identify and prevent fraud. It offers a modular design and multiple products including anti-money laundering (AML) capabilities, through a single API. The platform primarily caters to industries that face a risk from “thin-file” clients, such as e-commerce firms, retailers, and lenders. The company has three offices in the US and one in Chennai, India.Socure uses a range of information sources to authenticate people including email, phone, address, social media, etc. from over 310 sources, and in August 2020 reported that its platform reduced fraud rates by about 80% and manual review costs by around 90%. The company <a href="https://sp-edge.com/updates/19717">acquired Berbix </a>, a platform that verifies identities by scanning IDs in real-time, in June 2023, and integrated Berbix in version 3.0 of its Predictive Document Verification service (DocV 3.0).Moreover, in July 2021, Socure launched what it claims to be the first identity verification and fraud solution built specifically for the Buy Now, Pay Later (BNPL) industry. The solution is built on the Socure ID+ platform and leverages deep identity and transaction data used by more than 100 BNPL providers, alternative payment providers, fintechs, banks, and credit card issuers.In October 2024, the company acquired Effectiv, a real-time risk decisioning company, for USD 136 million. The acquisition would combine Socure's digital identity verification and fraud solutions with Effectiv's AI orchestration and decisions platform.&nbsp;Key customers and partnershipsSocure’s customer base has grown to around 1,800 enterprises as of July 2023 across several industries, including financial services, government, gaming, healthcare, and telecom, among others. Socure noted that its platform was used by four of the top five banks, 13 of the top 15 card issuers, and over 250 FinTechs, as of March 2023.Socure <a href="https://sp-edge.com/updates/20255">partnered with digital lending platform MeridianLink </a>in July 2023. The solution combined Socure ID+ with MeridianLink One to help Meridian's customers, including credit unions, banks, and FinTechs, verify identities to onboard clients.

Maxwell Financial Labs is a digital mortgage platform for small and mid-sized lenders. It offers a range of mortgage-related solutions and services including underwriting, processing, due diligence, and access to secondary markets on lending products. The platform serves several mortgage lending institutions across the US, encompassing non-depository mortgage banks, credit unions, brokers, and community banks. In August 2023, Maxwell launched Maxwell Mortgage Intelligence, a business intelligence platform designed for mortgage providers capable of integrating with existing systems, detecting team performance trends, and simplifying financial reporting while providing ready-made analytics.In May 2023, Maxwell acquired LenderSelect Mortgage Group for an undisclosed sum. Through this acquisition, Maxwell intended to leverage LenderSelects' client base to grow its secondary market trading platform (i.e., Maxwell Capital), market share, and customer numbers. In September 2023, Maxwell <a href="https://sp-edge.com/updates/22237">acquired Revvin </a>, a digital mortgage lending platform, for an undisclosed amount. Through this acquisition, Maxwell planned to collaboratively support mortgage originators in lowering costs, enhancing quality, and increasing margins.Funding and financialsIn October 2021, Maxwell raised USD 52.5 million in funding led by Fin VC. The funding round consisted of USD 28.5 million in equity funding and USD 24 million in debt financing, with a post-money valuation of USD 450 million. The company earmarked the funds for achieving business targets and expanding its product offerings.As of October 2023, the platform had serviced over USD 230 billion in total transaction value for more than 500,000 homeowners via more than 300 lending institutions.

Providing AI-driven market intelligence and workflow automation to give firms an edge

Capital Markets Tech

AlphaSense is a market intelligence and search platform that uses AI, machine learning (ML), and natural language processing (NLP) technology. The company helps professionals make more informed business decisions by delivering insights from a vast universe of public and private content. This includes equity research reports, company filings, earnings call transcripts, expert interviews, news articles, trade journals, and clients' proprietary research.AlphaSense's technology allows users to surface relevant insights through intelligent search capabilities like Smart Synonyms, which understands the intent behind queries to include results with similar meanings. The platform also provides features like sentiment analysis to detect positivity/negativity in text and document trend analysis to visualize keyword mentions over time. In April 2024, AlphaSense's annual recurring revenue exceeded USD 200 million.The company has made several acquisitions to expand its product offering, and strengthen its market position. AlphaSense acquired Stream by Mosaic, a provider of transcripts of expert interviews in October 2021, following which it acquired Sentieo, a financial intelligence platform for investment managers, in May 2022. In July 2024, the company acquired Tegus, a provider of corporate intelligence solutions.Key customers and partnershipsAs of April 2024, the company served over 4,000 customers. AlphaSense's customers span major corporations across industries like tech, energy, consumer goods, consulting, and financial services, including 85% of the S&amp;P 100 companies (as of August 2024). Within financial services, 80% of the world’s largest asset management firms used AlphaSense as of the same date.The company has partnered with firms like Bank of America, Morgan Stanley, Barclays, Deutsche Bank, HSBC, Stanford Bernstein, Refinitiv, and Evercore ISI to provide access to its research reports and expert call transcripts on the AlphaSense platform.

Talos is a technology provider that offers an integrated platform to support digital asset trading for institutional clients. Talos' offerings span the full trading lifecycle, encompassing liquidity sourcing, price discovery, automated execution, clearing, settlement, lending, borrowing, and portfolio management tools.&nbsp;At the core of Talos' platform is an advanced execution management system that aggregates liquidity from multiple venues, including exchanges and over-the-counter (OTC) desks. This allows clients to implement sophisticated trading strategies across various digital asset markets. The platform also provides algorithmic trading capabilities, smart order routing, and advanced analytics for in-depth transaction cost analysis.Talos builds institutional-grade technology tailored to the needs of traditional financial firms venturing into digital assets. The company prioritizes aspects such as compliance, security, and operational efficiency.&nbsp;In May 2024, Talos acquired Cloudwall, a developer of digital asset risk technology, to strengthen Talos’ existing portfolio management system. During the same month, Talos also acquired Skolem, a platform for institutional investors to manage their exposure to DeFi. The acquisition was to enable Talos’ clients to integrate DeFi into their workflows.&nbsp;Key customers and partnershipsTalos has secured partnerships with several prominent entities across the financial services industry. In June 2022, the company forged a strategic alliance with Trading Technologies, a provider of professional trading software and infrastructure. This collaboration aimed to broaden Trading Technologies' cryptocurrency offering by leveraging Talos' market connectivity and trading services.Additionally, Talos announced a partnership with BCB Group, a crypto payment services provider, in February 2023. This partnership allows clients of both firms to access a comprehensive suite of front-, middle-, and back-office trading services, streamlining the trade lifecycle process.&nbsp;In November 2023, Talos achieved a significant milestone by integrating with CME Group, enabling its clients to trade CME's Bitcoin and Ether futures contracts directly through the Talos platform. This integration enhances Talos' offering with access to regulated, liquid derivative products in the digital asset space.

New technologies are opening up mental health services to previously overbooked and underserved populations.

Mental Health Tech

Array Behavioral Care is a telepsychiatry provider that offers virtual psychiatry services across the continuum of care for both individuals and healthcare providers. The platform assists clinicians and mental healthcare providers with reaching individuals requiring telepsychiatry services while also providing support services such as technology-related support and assistance with administrative tasks.&nbsp; &nbsp;The company offers telepsychiatry solutions through three main models: AtHome Care for individuals seeking care from home, OnDemand services for hospitals and crisis centers, and Scheduled Care for regular caseloads in various healthcare settings. Array's clinicians, including psychiatrists, psychiatric nurse practitioners, therapists, and counselors, provide psychiatric assessments, therapy, medication management, and consultations via secure video platforms.&nbsp; Key customers and partnerships &nbsp;The company operates on a D2C and a B2B2C model, where it partners with hospitals, health systems, community healthcare organizations, and payers to provide its services. As of June 2023, the company’s services were available to approximately 90 million users across all 50 states in the US.&nbsp; &nbsp;In November 2024, the company partnered with KeyCare to integrate mental health records with patients' physical health records. In June 2024, Array announced a partnership with Common Ground to support its Oakland Assessment and Crisis Intervention Service pilot program. The company also partnered with CVS Health, which led to a USD 25 million funding round in January 2023, building on their existing relationship where Array served as a provider for certain Aetna health plan members. In January 2022, Array joined Humana's virtual care network, providing telebehavioral health services to approximately 5 million Medicare Advantage members nationwide.&nbsp;

Retail investors demanding sophisticated passive investment strategies are looking for an edge.

Retail Trading Infrastructure

Forge provides marketplace infrastructure, data services, and technology solutions for the private equity market. Forge’s platform facilitates users to trade private company shares with authorized investors. It also provides assistance and guidance for market participants throughout the timeline of buying and selling shares in a private company. In addition, it provides valuation data and private company insights that investors can use to value a private company stock.The platform has a minimum transaction requirement of USD 100,000 in value and charges a 5% commission on transactions above the minimum transaction value threshold. Forge charges a higher commission for transactions with a value of less than USD 100,000.In September 2024, Forge Global launched Forge Price, a daily pricing model for around 250 pre-IPO late-stage companies. Integrated into its institutional trading platform, Forge Pro, the model uses data from secondary market transactions, funding rounds, and indications of interest to offer more frequent pricing updates.&nbsp;For the year 2021, Forge generated USD 125 million in revenue less transaction-based expenses and USD 3.2 billion in trading volume.In 2020, Forge acquired SharesPost, one of its rival platforms offering private stock trading, for USD 160 million. The following year, Forge completed integration with SharesPost and received FINRA approval to operate as a broker-dealer.

Property owners and real estate companies are able to handle larger portfolios while offering faster and cheaper services.

Residential PropTech

Super operates a platform that provides subscription-based maintenance and repair services for homeowners. Through its platform, clients can inform Super what specifically is in need of repair (electric, plumbing, appliances, etc.) and arrange a convenient time. Super will then dispatch repairmen who will carry out repairs or replace the items when necessary, at no additional cost.Super offers its services through three distinct plans: Simple, Signature, and Lux. The monthly subscription cost for each plan varies according to the location and square footage of the home.Super provides customers with the ability to access their maintenance history using their mobile app and informs clients on any preventive measures that could be taken to avoid future repairs.In May 2021, the company reported that revenue had increased sevenfold since April 2019&nbsp;In August 2023, Super had acquired the assets of Nations Home Warranty, American Home Guardian, and TotalHome Warranty, marking its second major acquisition in the home warranty space after purchasing Platinum Home Warranty in 2022. This acquisition expands Super's reach from eight to 35 states, supporting its mission to revolutionize home warranties with technology that makes home ownership as hassle-free as renting.Key customers and partnershipsIn March 2024, Super partnered with real estate company Baird &amp; Warner in February to offer home warranties to over 2,200 agents through the ONE dashboard. This collaboration expanded Super's reach in the Greater Chicago area, enabling agents and homeowners to easily access and manage warranty services through Super's app.In May 2024, it partnered with Bay Area real estate company Intero to offer enhanced home warranty options to over 1,900 agents. This partnership provided comprehensive coverage at competitive prices, allowing homeowners to manage repairs and track progress through Super's app. Super is also a preferred partner of Intero's parent company, HomeServices of America.

A concentration of wealth and a willingness to adopt age-in-place technologies present new opportunities.

Age Tech

ConcertoCare (formerly known as ConcertoHealth) is a primary care provider that operates an omnichannel care delivery model, offering both in-person and virtual care services, including remote patient monitoring to manage chronic conditions. Its proprietary data analytics and clinical decision support platform Patient3D helps determine the best course of action for a patient. The platform consists of three main programs: 1) ConcertoCare Partners, a program designed for the complex needs of patients and primary care providers; 2) In-Home Primary Care Provider, a program designed for users who do not have a primary care provider; and 3) PACE Services, an end-to-end homecare solution. In February 2021, the company merged with fellow home-care provider Perfect Health and was to operate under the name “ConcertoCare.” As of February 2022, Its services were available in eight states across the US.In February 2022, the company acquired <a href="https://sp-edge.com/updates/8275">Crown Health, </a>a home-based primary care provider.

Making banking work, without the paperwork

Neobanks

Greenlight offers digital banking services mainly within the lines of debit cards and savings accounts via a mobile app. The company does not impose a minimum age, mainly targeting kids. The company offers its products under three categories: 1) Greenlight Core, 2) Greenlight Max, and 3) Greenlight Infinity priced at USD 4.99, USD 9.98, and USD 14.98 per month, respectively. All plans cover a maximum of five kids and include an educational app, financial management tools, parental controls, and savings rewards. However, Greenlight Infinity has additional benefits such as family location sharing, SOS alerts, crash detection, driving reports, and real-time trip alerts. The Greenlight debit card is issued by Community Federal Savings Bank, under the license of Mastercard. In addition, the company offers a credit score-building credit card called <a href="https://sp-edge.com/updates/20896">Greenlight Family Cash Mastercard</a>, for which parents need to set spending limits and authorize.Greenlight also launched a turnkey custom banking solution called <a href="https://sp-edge.com/updates/17395">Greenlight for Bank</a>, which allows other financial institutions to integrate Greenlight’s financial app into their service offerings at no cost. This also allows its banking partners the option to retain Greenlight customer deposits at their institutions.Key customers and partnershipsAs of August 2023, Greenlight served over six million customers.Fundings and financialsIn April 2021, the company raised USD 260 million in Series D funding, led by Andreessen Horowitz, at a valuation of USD 2.3 billion. The funding is planned to be used to expand the company’s product offering, in addition to expanding its workforce.As of the same date, the company stated that its revenue witnessed threefold growth YoY, and total savings made by its customers via its platform totaled USD 120 million.

Revolutionizing construction with sustainable practices to build faster

Prefab Tech

<div>
 
 Connect Homes provides prefab, modular, single-family housing units that are energy efficient. The company based in Los Angeles has its manufacturing facility set up in San Bernardino, California. The house modules are built in a factory and 90%-completed houses are delivered to the site where it is installed to the base. Unlike most other companies, Connect Homes does not provide personalized options to change the layout. It offers 15 types of pre-designed houses that are customizable for minor aspects such as color, finishing, and fixtures. According to the company, a Connect house can be developed in six days. The company also states that it can utilize standard shipping networks and rail transit to deliver the houses across the US, as the modules are built to fit a shipping container. 
 In November 2022, Connect Homes launched the 
 <a href="https://sp-edge.com/updates/14654?industryIds=60">
 PRO PLATFORM
 </a>
 which includes a portfolio of curated home models engineered around a common core module targeting real estate developers.
 
 
 The houses are built to achieve energy efficiency with green materials, a low-waste construction process, energy-efficient lighting and roofing as well as exterior walls. Connect houses are not equipped with solar power generation, but provisions are available for a separate company to install solar panels at the customer&rsquo;s discretion. The houses, which range between 460 and 3,200 square feet, are priced between USD 221,000 and USD 698,000.
 
 
 Former Apple executive Greg Leung is the company&rsquo;s chief executive officer (CEO), bringing in expertise in the areas of product lifecycles and customer experience. By November 2020, the company had raised USD 27 million and completed 88 projects.
 
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Smart Homes: Energy & Water Solutions

Span.IO, Inc., now known as SPAN, is a leading innovator in home electrification technology. The company reinvented the traditional electrical panel to create the SPAN smart electrical panel, which enables homeowners to adopt solar energy, battery backup systems, electric vehicles, and electric home appliances. SPAN Panel provides circuit-level management, real-time monitoring, and actionable energy insights through an intuitive app interface. Designed with hardware innovation and intelligent software, the SPAN Panel and SPAN Drive electric vehicle charger offer an efficient and integrated solution for any home.
SPAN's flagship product, the SPAN Panel, celebrated wins for "Best Home Technology Product" and "Best Energy Efficient Product" at the NAHB International Builders' Show 2022. Fast Company also named SPAN one of their "World's Most Innovative Companies" in 2022. As of March 2022, the company had grown to a team of over 220 employees and had panels installed in over 36 states and Puerto Rico.
In April 2023, SPAN raised USD 96 million in a Series B2 funding round, bringing its total funding to USD 231 million. The company plans to use this capital to further its leadership in home electrification by accelerating research and development capabilities, expanding partnerships with major home appliance brands and solar providers, and building a state-of-the-art R&D facility near its San Francisco headquarters. SPAN aims to electrify 10 million US homes by 2030, aided by incentives from the Inflation Reduction Act. In 2022, the company's revenue grew nearly 600%, with nearly 80% of SPAN product owners adopting clean energy and home electrification products.

Eliminating financial intermediaries by directly connecting individuals and businesses

P2P Financial Platforms

<div>
 
 Forge is a leading private securities marketplace that facilitates trading between buyers and sellers of private company shares. Its platform, Forge Markets, enables private company shareholders to sell their shares to accredited investors, providing liquidity before an initial public offering (IPO) or acquisition. Forge Markets has facilitated over USD 12 billion in transaction volume, as of September 2022. The company leverages innovative trading technology and operating expertise to streamline transactions in the private market ecosystem.
 
 
 
 
 Forge also offers proprietary data services through Forge Data and Forge Intelligence, providing investors with valuable insights and analytics to make informed investment decisions in private markets. These solutions include pricing data, trading activity summaries, and integrated public market comparisons.
 
 
 
 
 In March 2022, Forge completed its business combination with Motive Capital Corp, becoming a publicly-traded company on the New York Stock Exchange under the ticker symbol &quot;FRGE.&quot; The company aims to expand its offerings and create greater participation in private company liquidity.
 
 
 
 
 In September 2022, Forge announced plans to establish Forge Europe in partnership with Deutsche B&ouml;rse. Leveraging Forge's technology and Deutsche B&ouml;rse's market expertise, Forge Europe will provide a digital marketplace for European companies and investors, facilitating liquidity programs and access to Forge's US liquidity network.
 
</div>

Digitizing the commercial real estate value chain

Commercial PropTech

Reonomy is a commercial real estate data platform that aggregates and analyzes information from over 100 sources, including proprietary and public data feeds as well as crowdsourced details. It utilizes artificial intelligence and machine learning algorithms to process this vast data and generate market intelligence insights. As of 2024, Reonomy's database encompasses over 50 million properties across the US, covering nearly all commercial real estate inventory nationwide. This includes details on 80 million businesses, 300 million associated individuals, 38 million mortgages, and 68 million property sales transactions.
The platform offers two main product offerings – the web application and data solutions. The web application enables users to search and filter through Reonomy's extensive property database using over 200 parameters such as location, asset type, ownership details, debt status, and more. It leverages interactive mapping tools and provides a "likely to sell" score based on predictive analytics to identify potential investment opportunities. The data solutions offering allows clients to integrate Reonomy's data directly into their internal systems via APIs or customized data feeds, providing a personalized experience.
A key differentiation of Reonomy is its ability to pierce through ownership layers using machine learning to uncover true property owners and connect them across related LLCs. This ownership tree is a valuable resource for investors and brokers seeking to directly engage property owners for potential acquisitions or listing opportunities. The company claims around 80% data accuracy overall.

Deriving insights from uncommon data streams

Alternative Data

AlphaSense is a market intelligence and search platform founded in 2011 by Jack Kokko and Raj Neervannan. The company utilizes artificial intelligence, machine learning, and natural language processing to extract insights from a vast collection of public and private content. AlphaSense's platform covers over 10,000 sources, including SEC filings, equity research, earnings call transcripts, expert interviews, news articles, and industry journals. The company's AI-powered search capabilities allow users to quickly find relevant information, summarize key points, and analyze trends across industries and companies.
AlphaSense's product offerings include Smart Summaries, which provides AI-generated summaries of financial documents and earnings calls, and Enterprise Intelligence, which applies AI search technology to customers' internal research and external documents. The platform also features expert call transcripts and the ability to schedule personalized expert calls for deeper insights. In April 2024, AlphaSense surpassed USD 200 million in annual recurring revenue, doubling its revenue in less than two years.
The company has expanded its capabilities through acquisitions, including financial analysis firm Sentieo and expert interview transcription service Stream by Mosaic. In July 2024, AlphaSense completed the acquisition of Tegus, a provider of expert research and financial data, for USD 930 million. This acquisition aims to enhance AlphaSense's content library and strengthen its position in the market intelligence sector.
Key customers and partnerships
AlphaSense serves over 4,000 enterprise customers, including more than 80% of the S&P 500 companies as of April 2024. Its client base spans various sectors, including financial services, technology, and industrial firms. Notable customers include SAP, Google, J.P. Morgan, and 3 million. The platform is particularly popular among investment firms, banks, and consultancies, with users typically paying between USD 10,000 to USD 20,000 annually per seat.
In terms of partnerships, AlphaSense has collaborated with Goldman Sachs, which began delivering its aftermarket research on the AlphaSense platform in 2022. The company has also expanded its global presence by opening a new hub in Singapore to serve the Asia-Pacific region.

Bringing the benefits of blockchain to the enterprise

Enterprise Blockchain Solutions

Elliptic offers crypto asset blockchain risk monitoring solutions, crypto investigations software, solutions for wallet screening, Virtual Asset Service Providers (VASP) screening, and crypto entity risk management​​. Its products are used by traditional financial institutions, FinTech companies, crypto businesses, and government agencies for various business use cases, such as performing Know Your Customer (KYC) processes, managing counterparty risk, and complying with Anti-Money Laundering (AML) regulations​​. The company claims to serve over 100 customers across 29 countries, monitoring 98% of all crypto asset trading volume​ as of June 2023.Key customers and partnershipsThe company has a network of nearly 30 partners, including leading names like AWS, IBM, and EY, along with disruptors such as Fireblocks, BitGo, CoolBitX, and Metaco. In October 2023, Elliptic <a href="https://sp-edge.com/updates/22800">partnered with Taurus</a>, a digital asset custody and tokenization solution provider, to integrate its wallet screening tool into Taurus’ custody platform and provide banking-grade security and compliance to Taurus' clients.<a href="https://sp-edge.com/companies/175113">In November 2024,</a> Elliptic partnered with Sumsub, a verification solutions provider, to allow Elliptic subscribers to connect with Sumsub's system. This enabled automated crypto wallet screening, real-time risk assessments, and deeper investigation capabilities through a unified dashboard.&nbsp;

Tools that streamline software development

DevOps Toolchain

BigPanda is a company specializing in Artificial Intelligence for IT Operations (AIOps). Founded in 2012 by Assaf Resnick and Elik Eizenberg, BigPanda offers an AI-powered platform that helps IT Operations, Network Operations Center (NOC), and DevOps teams detect, investigate, and resolve IT incidents more efficiently. The company's core product is an Incident Intelligence and Automation Platform that leverages machine learning to correlate alert data streams from various infrastructure, applications, and services into actionable incidents.
BigPanda's platform aims to reduce the noise in IT alerts, improve the signal-to-noise ratio, and automate incident management processes. It integrates with various IT tools and systems, including ticketing systems, ITSM tools, incident response tools, and collaboration platforms. The company's Open Box Machine Learning technology enables customers to achieve high correlation rates on alert volumes, typically reducing millions of IT events to a manageable number. The company claims that its median customer realizes an 80% event noise reduction within the first eight weeks of implementation.
The platform offers features such as alert aggregation, event correlation, root cause analysis, and automated incident triage. It also provides unified analytics dashboards for end-to-end visibility of IT environments. BigPanda's solution is designed to help organizations reduce mean-time-to-resolution (MTTR) of IT incidents, improve service availability, and support digital transformation initiatives. The company operates on a Software-as-a-Service (SaaS) model, eliminating the need for on-premises installations.

Ensuring the right people access the right resources at the right time

Identity & Access Management

<div>
 
 Socure provides digital identity verification and fraud prevention solutions. The company has developed an AI-powered platform that leverages predictive analytics and machine learning techniques to verify identities in real time. Socure's platform uses over 17,000 features and 8 billion rows of data from diverse sources, including online and offline data intelligence, to deliver highly accurate identity assessments.
 
 
 Socure's proprietary identity verification graph analyzes and correlates every aspect of a digital identity, enabling the company to automate the verification process. The company offers several other products, including Sigma Identity Fraud for detecting synthetic fraud, DocV for automated document verification, and an accurate and inclusive KYC solution. Socure has also expanded its offerings globally, with services now available in Canada, the UK, and Europe.
 
 
 Key customers and partnerships
 
 
 As of May 2024, Socure served more than 2,300 customers across various sectors, including finance, gaming, healthcare, telecom, and ecommerce. Key customers include Chime, SoFi, Robinhood, Gusto, Public, Stash, and DraftKings, Poshmark, and Capital One.
 
 
 Funding and financials
 
 
 In March 2023, the company received a USD 95 million credit facility with J.P. Morgan, Silicon Valley Bank, and KeyBanc Capital Markets to strengthen its financial position.
 
 
 In 2021, it raised USD 100 million in a Series D funding round and USD 450 million in a Series E round. Its valuation for the Series E round was USD 4.5 billion.
 
 
 
</div>

Setpoint is building trust in our credit system. An operating system for capital markets functions that drives capital and operational efficiency, while offering peace-of-mind to Capital Providers. Our platform unlocks speed, efficiency and accuracy for borrowers and lenders.

Since 2001, Volante has been focused on addressing the challenges of financial message integration and payments on-boarding, processing and orchestration. With a broad range of over 85 financial institutions and corporates as clients in 26 countries they provide the business agility needed to be competitive and thrive in the digital payments age by quickly dealing with the complexities of change, and taking advantage of business opportunities as they arise. All Volante products are born from a heritage of payments and financial message integration, and are rich with innovative functionality as a result of best practice driven R&D over the past 16 years. This means that their products coupled with their growing and maintained library of hundreds of international and domestic message standards plugins and transformations enable projects to be completed in months not years, or weeks not months, while insulating core systems from change.

OpenFin enables financial desktops with the same app distribution, security, and interoperability capabilities as iOS and Android. It offers a desktop application to run outside the browser, generate real-time applications, desktop notifications, tear-outs, docking support, custom title bars and frames, animation effects, maintain window size and position, and secure communications.

Array Behavioral Care (formerly InSight + Regroup) is a telepsychiatry service provider in the country with a mission to transform access to quality, timely behavioral health care. Array offers telepsychiatry solutions and services across the continuum of care from hospital to home with its OnDemand Care, Scheduled Care and AtHome Care divisions. Array Behavioral Care was established in 1999 by Geoffrey Boyce in New Jersey, United States.

BigPanda is a software development firm that offers IT Ops, NOC, and DevOps teams to detect, investigate, and resolve IT incidents. Powered by Open Box Machine Learning, BigPanda correlates IT noise into insights, automates incident management, and unifies fragmented IT operations. Customers like Intel, TiVO, Turner Broadcasting, and Workday rely on BigPanda to reduce their operating costs, improve service availability and performance, and de-risk and accelerate their digital transformation initiatives. Founded in 2012, BigPanda is backed by top-tier investors including Sequoia Capital, Mayfield, and Battery Ventures.

Pico is a leading provider of technology services for the financial markets community. Pico provides a best-in-class portfolio of innovative, transparent, low-latency markets solutions coupled with an agile and expert service delivery model. Instant access to financial markets is provided via PicoNet™, a globally comprehensive network platform instrumented natively with Corvil analytics and telemetry. Clients choose Pico when they want the freedom to move fast and create an operational edge in the fast-paced world of financial markets.

About Trovata   Trovata makes it easy for businesses to automate cash reporting, forecasting, and analysis. By bridging the gap between banks and accounting systems, Trovata is helping companies gain powerful insights into their cash flows that drive better and quicker business decisions. Today, Trovata is helping companies transform finance and treasury operations using open banking and machine learning. With direct APIs with most major banks, new clients can get set up quickly. Trovata is based in San Diego, CA. To learn more visit www.trovata.io.

Talos Trading is an institutional technology infrastructure provider that connects all crypto ecosystem participants to support a full trading lifecycle. Talos Trading is based in New York, NY and was co-founded by Anton Katz and Ethan Feldman in 2018.

ConcertoCare delivers primary and complex care to seniors and other adult patients. They provide three distinct in-home care models, which are all powered by their proprietary population health and analytics engine. Their novel approach to patient care is composed of their team of renowned experts in home-based geriatric medicine, digital health, palliative care, healthcare analytics, and value-based care.

Yugabyte is the company behind YugabyteDB, the high-performance distributed SQL database for building global, internet-scale apps. It is built using a unique combination of the high-performance document store, auto sharding, per-shard distributed consensus replication, and multi-shard ACID transactions (inspired by Google Spanner).  YugabyteDB serves both scale-out RDBMS and internet-scale OLTP workloads with low query latency, extreme resilience against failures, and global data distribution. As a cloud-native database, it can be deployed across public and private clouds as well as in Kubernetes environments with ease. YugabyteDB is fully open-source under the Apache 2.0 license. It was founded in 2016 and is headquartered in Sunnyvale, California.

We built Maxwell to give local lending teams a permanent, disruptive financial advantage. Today, our suite of technology-powered solutions addresses the entire mortgage loan process, from intake of application to the secondary market. Through our Mortgage Optimization Platform, we help hundreds of non-depository mortgage banks, credit unions, brokers, and local banks connect their communities with the life-changing benefits of homeownership.

Mangrove Management Partners focuses on safety, compliance, and best practices across clinical care and business management. The firm was founded in 2020 and is headquartered in Lexington, Massachusetts.

Elliptic makes cryptocurrency transaction activity more transparent and accountable.They believe that illicit activity in cryptocurrencies must be disrupted to stop criminals from undermining the ideals on which cryptocurrencies are built. This is their focus, and they do this by solving the crucial problem of identity in cryptocurrencies, with the sole purpose of combating suspicious and criminal activity. Their team pushes the limits to dig beneath the surface, peeling back the layers to expose the truth. They aim to stop illicit cryptocurrency activity from leaving a smudge on the technology and the future it represents for all of them. The company is preventing, detecting, and pursuing criminal activity in cryptocurrencies. It identifies illicit activity in cryptocurrencies, providing actionable intelligence to cryptocurrency companies, financial institutions and government agencies.

AlphaSense is a market intelligence platform that allows professionals to make critical decisions with confidence and speed. The company has nearly 2,000 enterprise clients, including financial institutions that use the platform to inform their business decisions. AlphaSense is trusted by over 1,800 enterprise customers, including a majority of the S&P 500.

Vestwell develops a digital savings platform to create a retirement plan for employees. It offers automated retirement investing options for RIAs depending on the rules and regulations and other defined contributions to companies and their employees to help advisers engage with their clients with compliance and automation.

Super is an insurtech company that offers a subscription service for home care and repair.

The mission of Arkose Labs is to create an online environment where all consumers are protected from online spam and abuse. Recognized by G2 as the 2023 Leader in Bot Detection and Mitigation, with the highest score in customer satisfaction and largest market presence four quarters running, Arkose Labs offers the world's first $1M warranties for credential stuffing and SMS toll fraud. With 20% of our customers being Fortune 500 companies, our AI-powered platform combines powerful risk assessments with dynamic threat response to undermine the strategy of attack, all while improving good user throughput. Headquartered in San Mateo, CA, with offices in London, Costa Rica, and Brisbane, Australia, Arkose Labs protects enterprises from cybercrime and abuse.

Forge Global is a private securities marketplace that serves the complex and emerging needs of the private market ecosystem by forging new connections through its technology, data, and expertise. Founded in 2014, the firm empowers investors and shareholders by facilitating liquidity in the private markets.  Forge is backed by top Silicon Valley investors and large, global institutions including Deutsche Börse, Temasek, Wells Fargo, BNP Paribas, FT Partners, Draper Associates, Peter Thiel, Munich Re Ventures, and LUN Partners Group.

Greenlight is a debit card and money app that provides an all-in-one money management platform for families and parents. Millions of parents and kids use Greenlight to earn, save, spend wisely, give, and invest. Parents can set flexible spending controls, manage chores, automate allowances, and invest for their kids’ futures. It offers up to 3% unlimited cash back on all purchases and gives parents the option to automatically invest those cash rewards in stocks and ETFs to spend on family-related expenses. Greenlight was founded in 2014 and is based in Atlanta, GA.

Socure provides artificial intelligence for digital identity verification, fraud prevention, and sanction screening.

Sitetracker is a SaaS platform for deploying, operating, and servicing critical infrastructure and technology. The Sitetracker Platform enables growth-focused innovators to optimize the entire asset lifecycle through native platform inclusions like AI, automation, and actionable analytics. From the field to the C-suite, Sitetracker enables stakeholders to optimize how they plan, deploy, maintain, and grow their capital asset portfolios. Market leaders in the telecommunications, alternative energy, and utility industries — such as Ericsson, Fortis, Google, British Telecom, and Vodafone — rely on Sitetracker to manage millions of sites and projects representing over $25 billion of portfolio holdings globally.

Span.IO develops products to enable the rapid adoption of renewable energy and deliver an intuitive interface for the home. They are a group of engineers with a passion for building products that can deliver a positive impact on the environment while enhancing the consumer experience. They believe that developing intelligent hardware and software that provides visibility and control at the edge of the grid will be transformational to the energy sector. The company is backed by domain experts in energy, software, hardware, and consumer finance. They leverage their teams' collective experience in power generation, energy conversion, controls, and system integration to develop core products focused on enabling the rapid adoption of renewable energy.

DadeSystems is a leading provider of Cash Application solutions to fully automate the complex payment processing landscape. DadePay is a SaaS based solution that will automate the invoice-to-cash application process for any payment through any channel. DadePay Cash Application automatically captures all incoming payments, including cash, checks, ACH, EFT, and credit cards. Using patented algorithms, payments are automatically matched to open invoices which updates your ERP system and electronically deposits the checks at your bank(s). The DadePay suite also includes our DadePay Customer ePayment portal and DadePay Mobile.

Cogitativo is a machine learning enterprise offering world class solutions to hospitals, physicians, and payers. The company improves the healthcare system by helping our clients make sense of complex data so they can answer their most challenging questions. The company's data scientists come from leading academic institutions, which when combined with the company's healthcare experts, creates a rare and powerful resource of science, insights and solutions

Reonomy leverages big data, partnerships, and machine learning to connect the fragmented world of commercial real estate. Reonomy products empower individuals, teams, and companies to unlock insights and discover new opportunities by providing unparalleled access to property intelligence.

Industrious is a premium workplace platform, blending five-star service, and stunning design to provide an unparalleled workplace experience for established professionals.  Founded in 2013 by Jamie Hodari and Justin Stewart, the company provides members with stunning offices, inviting hospitality, and inspiring communities. By transforming real estate into a personal, elegant, and high-quality experience, Industrious built the concept of co-working into a scalable platform for businesses of all sizes. Industrious has more than 20 locations across the country. Industrious is headquartered in New York, New York.

The Connect Homes housing system comes from a decade of research on making high-modern, green architecture affordable to the mass market. The results are low-cost modular prefab homes that mimic the spatial and aesthetic qualities of mid-century modern California residential architecture.  These homes can be shipped anywhere, adapted to any environment, and are move-in ready a few weeks later.  Connect Homes modules emerge from our San Bernardino factory 95% complete -- with all interior and exterior finishes, doors, windows, appliances, plumbing, mechanical, fire sprinkler systems, finish flooring, and roofing already installed. The homes can be shipped worldwide on the intermodal shipping container network and can be installed in as little as two weeks.

Engage develops a cloud-based platform that provides product and pricing data and insights. Through data science and analytics, the company assists retailers and brands in improving their pricing performance.  The company was founded in 2008 and is headquartered in Davis, California.

EarlySense develops signal-processing technology. The company's lead product, EverOn, a contact-free early detection patient supervision system that measures, records, displays, and alerts heart and respiration rates, as well as bed entries and exits, patient motion, and quality of sleep from under the mattress. EarlySense Ltd. was founded in 2004 and is based in Ramat Gan, Israel with a research and development facility in Israel; and marketing offices in Boston, Massachusetts.

Sharecare is the digital health company that helps people – no matter where they are in their health journey – unify and manage all their health in one place. Our comprehensive and data-driven virtual health platform is designed to help people, providers, employers, health plans, government organizations, and communities optimize individual and population-wide well-being by driving positive behavior change. Driven by our philosophy that we are all together better, at Sharecare, we are committed to supporting each individual through the lens of their personal health and making high-quality care more accessible and affordable for everyone.

GrubMarket is the AI-powered major B2B eCommerce company operating in the American food supply chain industry. Besides being the first mover of building B2B eCommerce, GrubMarket is also the first mover of providing Enterprise AI Solutions to the American food supply chain industry. It is one of the largest private food tech companies in the U.S. and the world.

10x Genomics is creating revolutionary DNA sequencing technology to help researchers better identify subtle variations that are overlooked by technologies that shred biological samples into tiny fragments before sequencing the short stretches and using computers to assembling them into a genome.

Canopy offers a cloud-based Practice Management solution for Accounting firms. This includes CRM, Client Portal, Document Management, eSignatures, Workflow, Time & Billing, Payments, Tax Resolution, and Transcripts and Notices.

Wells Fargo Strategic Capital is a principal investing and merchant division of Wells Fargo & Company. Wells Fargo Strategic Capital provides structured financing to small and mid-cap companies in the United States and Canada. Product capabilities include project/development financing, mezzanine financing, and other subordinated debt financing as well as equity financing, including both preferred and common.

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