PORTFOLIO NEWS

Magellan AI was named as one of iHeartMedia’s preferred measurement partners for AudioGraph, a new platform bringing digital-like targeting, attribution, and performance measurement to broadcast radio. The integration helps advertisers evaluate radio alongside digital and podcasting, connecting audio exposure to outcomes like foot traffic and in-store visits. As Magellan AI CEO Cameron Hendrix noted, AudioGraph helps make radio listenership addressable and attributable within the same systems marketers already use, giving brands a more complete view of performance and the incremental value of broadcast radio.

Boostr and Vox Media completed an agentic media buy using the Advertising Context Protocol, showing how AI agents can manage complex direct ad transactions with minimal manual intervention. The buy allowed Vox Media to receive, negotiate, and complete campaign-level details, including budget, audience parameters, delivery schedules, and creative trafficking through Boostr’s Seller Agent. The milestone points to a more automated future for premium media buying, where operations teams spend less time on setup and more time shaping strategy, standards, and partner value.

C2 Ventures portfolio company Manifest Space secured a strategic investment from NEC X as it advances to Phase 3 of the Elev X! Ignite program and prepares to fly its first optical beacon on SpaceX Transporter-18 in October 2026. Manifest is building onboard space traffic awareness infrastructure that gives satellites a persistent, verifiable identity and position without relying on radio frequency, GPS, or ground station upgrades. The company also closed an oversubscribed $1.15M pre-seed round, with backing from NEC X, C2 Ventures, Hypernova Fund, E2MC Ventures, Marlboro Lane Ventures, P3A, and angel investors across space and technology.

Civ Robotics Co-Founder and CEO Tom Yeshurun joined the Behind the Robot podcast to share how a $4 million surveying challenge inspired the company’s autonomous construction technology.

The conversation covers Civ Robotics’ founding story, the pivot that reshaped the business, and the lessons learned while scaling a robotics company through the pandemic. Tom also discusses how persistent labor shortages are accelerating the adoption of AI and automation across construction and renewable energy projects.

With more than 10 million coordinates marked and deployments across the United States, Europe, Australia, and the Middle East, Civ Robotics is helping infrastructure teams complete surveying and layout work faster while filling critical gaps in the construction workforce.

Pavewise has announced a strategic partnership with Clyde Companies, including Geneva Rock and Suncore, to modernize how asphalt paving teams collect, manage, and use field data.

By combining Pavewise’s digital paving platform with Clyde Companies’ industry expertise and operational scale, the partnership will focus on standardizing data collection, strengthening quality control, and delivering more actionable insights from the field to the office.

The collaboration will also create opportunities to develop, validate, and scale practical digital tools that improve consistency, visibility, and efficiency across paving operations. Special recognition goes to Daniel McDaniel and the Geneva Rock team for championing the future of digital quality control and paving performance analytics.

Waldo has partnered with LandVest Forest Resources, the second-largest forestry service provider in the United States, to replace paper trip ticketing across its Northeast operations.

LandVest manages more than 2.25 million acres of timberland and generates enough paper trip tickets each year to stretch roughly 13 miles. Beginning in northern Maine, Waldo’s platform will digitize those workflows before expanding into New York and northern New England.

In a new guide, GoodRoads founder Chris Sunde outlines how cities can make better pavement decisions when their available budget covers only a fraction of what the road network needs.

Rather than directing funds toward the worst roads first, the framework prioritizes projects where each dollar can protect the most long-term value. That means preserving good roads before they deteriorate, making deliberate decisions about roads approaching the rehabilitation threshold, and using traffic volume to prioritize between roads that remain viable candidates for treatment.

C2 Ventures has joined Manifest Space’s oversubscribed $1.15 million Pre-Seed round, marking the firm’s first investment in the space sector through the Tributary II fund.

Manifest Space is building onboard traffic-awareness technology that helps operators identify, locate, and monitor satellites during the most uncertain stages of a mission. Its first product is an independent optical beacon that broadcasts a spacecraft’s identity, position, and status without relying on its primary communications systems, GPS availability, or upgrades to existing ground infrastructure.

Covera Health and Medmo have joined forces to create what they describe as the first platform to manage the full radiology journey—from imaging order and scheduling through study completion, diagnostic accuracy, and follow-up care. The combined company now reaches nearly 6 million Americans and brings together Covera’s radiology quality and diagnostic accuracy infrastructure with Medmo’s imaging coordination and patient navigation platform. The goal is to close a long-standing gap in healthcare by improving both where patients get imaging and how those results connect back to the care teams making treatment decisions.

Noteworthy AI has partnered with American Municipal Power to make its AI-powered grid inspection platform available to more than 130 municipal utilities through a streamlined subscription program. The offering gives AMP members flexible ways to access vehicle-mounted camera systems, data collection services, and analytics tools for asset inspections, GIS updates, vegetation management, lighting audits, storm response, and pole attachment revenue recovery. The partnership is aimed at helping smaller public power utilities adopt advanced inspection technology that has often been out of reach.

Tarform has completed the first pre-production prototype of Vera, marking an important step toward bringing its next electric motorcycle to market. While Tarform’s first bike, Luna, was designed as a handcrafted, art-forward machine, Vera reflects a shift toward a lighter, simpler, and more practical motorcycle for everyday use—without losing the design soul that defines the brand. With the first 20 now in production, Tarform is moving from vision to real-world delivery.

Driver has launched its app with live camera access inside vehicles through AAOS, enabling embedded dashcam functionality without any additional hardware. By tapping directly into a vehicle’s native camera system, the company is showing how OEMs can offer a lower-friction safety feature that also creates a new revenue opportunity. The announcement positions this as a scalable software layer for AAOS-enabled automakers looking to add value through security, safety, and peace of mind.

Tom Yeshurun discusses how data center construction is changing the industry's thinking about project value, with time increasingly outweighing upfront cost as the most important variable. Because data centers can generate meaningful revenue as soon as they go live, delays carry far greater financial consequences than in many other sectors. The piece makes the case that better cross-functional communication, deeper developer involvement, and faster adoption of robotics and automation can help reduce bottlenecks and protect project timelines. More broadly, it suggests the rest of construction may soon need to follow the same logic: treat time as a core economic driver, not a neutral factor.

Rigorous Technology founders Diane Abruzzini and Colin Riggs have been named Vermont’s Small Business Persons of the Year by the SBA, recognizing the company’s growth and economic impact in the state. Since launching Rigorous in 2020 as a home-based industrial robotics business, they have expanded to a 12-person team operating across 10,000 square feet in Williston. The pair will be honored during National Small Business Week and are also in the running for the National Small Business Person of the Year award.

The City of Starke, Florida, proved that even a small municipal utility can make major operational gains with the right technology. By implementing ArcGIS Online and partnering with Noteworthy AI, the city moved from paper maps and institutional knowledge to a fully digital view of its grid. In just two days, the project captured data on more than 2,300 utility poles, delivered actionable insights on assets and defects, and cost 80 percent less than traditional inspection methods—giving the utility better tools for planning, maintenance, storm response, and revenue recovery.

WordRake has been a go-to editing tool for years, especially inside Microsoft Word, for lawyers and other pros who care about clarity and concision. The logic here is clean: combine WordRake’s sentence-level editing with BriefCatch’s document-level analysis (structure, strategy, persuasion) to help legal teams write tighter briefs and stronger arguments.

Tom Yeshurun originally built the product around an aerial drone because it was technically exciting — then US customers immediately said, “Cool idea, but we’re afraid of drones. If it’s a ground robot, we’ll buy.” He scrapped the work and rebuilt for autonomous ground robots.

St. Louis-based Avol Aerospace is using electric drones to transport urgent medical supplies like organs and blood to hospitals, and the startup's unique aircraft design can deliver these critical items up to 11 times faster than traditional methods for the same cost.

Boostr announced a strategic partnership and integration with Passendo to help publishers manage, forecast, and execute high-value newsletter/email ad campaigns directly inside the Boostr platform. The joint solution aims to give revenue teams a single source of truth by centralizing inventory, streamlining workflows across Sales/Ad Ops/Rev Ops, and feeding accurate performance and revenue reporting from Passendo into Boostr. The integration is available immediately to joint customers, positioning email as a more scalable, trackable, high-margin channel alongside display and native.

Impilo announced major warehouse expansions in Philadelphia, PA and Phoenix, AZ to support rising demand and long-term healthcare partnerships. The new facilities will roughly double operational capacity, improving inventory management and distribution efficiency across a broader geographic footprint. The Phoenix warehouse is already operational, the Philadelphia site is expected to be fully online in Q1 2026, and the company plans additional expansions later in 2026.

Legal writing platform BriefCatch raised a $6M Series A led by Full In Partners, citing strong momentum, including 126% net enterprise revenue retention and growing adoption across major law firms and courts (nearly 60 AmLaw 200 firms and many state/federal courts). The company plans to use the funding to accelerate AI product development and a targeted acquisition strategy, with the long-term goal of building a single, Word-native AI platform for elite legal writing, editing, and research. Founder/CEO Ross Guberman said Full In stood out for quickly understanding the technical roadmap and vision, and noted recent launches like AI-driven citation correction and a context-aware writing advisor.

Steelhead Technologies raised $84M in growth capital from Mainsail Partners to accelerate expansion of its all-in-one ERP platform purpose-built for metal finishers and fabricators. Founded in 2021, Steelhead replaces spreadsheets and paper travelers with a cloud-based system that unifies quoting, scheduling, inventory, production tracking, quality, and accounting—now processing 1.6B+ parts and supporting customers growing at ~17% annually. The platform’s configurable workflows and AI-driven tools are already delivering real results, from 3× revenue growth for D&K Powdercoating to cycle times cut from 35 days to seven at Precision Spray. With Mainsail’s backing, Steelhead plans to scale its impact to thousands more shops modernizing the last mile of manufacturing.

The updated September 24, 2025 article highlights a breakout period for U.S. robotics, with Q3–Q4 2025 marked by accelerating deployments across manufacturing, healthcare, defense, elder care, and collaborative robotics. Strong order growth, major AI-driven product launches, and expanded government and enterprise investment are pushing robotics toward mainstream adoption, supported by advances in physical AI, 5G, and autonomous systems. Trimble, NVIDIA, and Teradyne are positioned as key beneficiaries—Trimble through AI-powered construction automation, NVIDIA as the core infrastructure layer for physical AI and robotics, and Teradyne via collaborative and mobile robots—collectively illustrating why robotics is emerging as a multi-decade, cross-industry growth theme heading into 2026.

Jeremy Crane, founder and CEO of Retrievables, is modernizing an industry few people dream of entering: debt collection. What started as domain expertise gained at a New York collections law firm turned into a venture-backed platform that helps businesses recover delinquent payments without outdated tactics. Retrievables operates as a tech-enabled marketplace, instantly matching companies with the right collection agencies or law firms, helping businesses get paid faster while creating new demand for service providers.

Impilo announced a strategic partnership between its e-commerce platform, The Digital Health Store, and Eko Health to make the Eko CORE 500™ Digital Stethoscope available directly within Impilo’s ecosystem. The collaboration expands access to AI-powered cardiac and pulmonary diagnostics for clinicians, supporting both in-person and virtual care. By integrating Eko’s advanced diagnostic technology into its hybrid healthcare platform, Impilo continues its mission to bridge innovative digital health tools with practical, scalable clinical care.

Healthcare’s Slow-Pay Problem has Been Broken for a Long Time
Most providers wait months to get paid for care they’ve already delivered.

Ryan Wheeler and the team at Cylerity decided that was unacceptable—and built a platform that uses AI to turn reimbursable medical claims into financeable assets, giving providers access to capital in hours, not months.

C2 Ventures is proud to co-lead Cylerity’s $4M equity round and $24M in debt capacity alongside HealthX Ventures and Upstream VC to help accelerate their mission of modernizing healthcare finance.

Pavewise turns the chaos of road construction into actionable insight—helping contractors make smarter decisions, stay compliant, and keep projects on schedule. Since launching in 2024, they’ve rolled out advanced weather tools, Density+ for quality tracking, and now work with 27 contractors nationwide.

C2 Ventures led Pavewise’s $2.5M seed round, fueling their expansion beyond asphalt into heavy civil construction—and helping make smarter, safer, more connected jobsites the new industry standard.

Another win for UptimeHealth — they’ve been ranked #31 on F6S’s Top SaaS Companies list for August 2025. Out of more than 2 million companies on the platform, this recognition highlights their continued focus on bringing innovative, efficient solutions to healthcare practices.

At the SUR/FIN 2025 tradeshow, Steelhead Technologies CEO Jeff Halonen joined Products Finishing’s On the Line podcast to talk about how their ERP + MES platform is transforming coating job shops.

Big news for our portfolio: UptimeHealth ranked #110 on the 2025 Inc. 5000 list, landing among the fastest-growing private companies in America. With three-year growth that puts them in the top 3% of honorees nationwide, UptimeHealth joins the ranks of past Inc. 5000 standouts like Chobani, Grubhub, and Zappos. The recognition is a testament to the team’s relentless push to modernize healthcare operations and deliver real efficiency for dental and medical practices across the country.