PORTFOLIO NEWS

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.

From one job site to more than 10 million coordinates marked worldwide, Civ Robotics has come a long way. The milestone highlights not just scale, but hard-earned lessons from the field: simplicity drives adoption, customer feedback beats any roadmap, and better tools don’t just increase efficiency—they change behavior. Ten million points later, Civ continues to prove that when you build alongside your customers, they’ll take you further than you ever planned to go.

Big upgrade for the electrical world: Condoit and FLIR have teamed up to cut inspection times in half while boosting accuracy and customer satisfaction. The new integration eliminates SD card transfers, syncs thermal images directly to Condoit’s cloud platform, and enables same-day reporting—turning what used to take a week into minutes. By combining FLIR’s industry-leading thermal imaging with Condoit’s digital workflows and automated NETA-standard analysis, contractors can deliver faster, safer, and more profitable inspections.

UptimeHealth has teamed up with National Facilities Direct to give dental and medical practices a single, integrated solution for managing both clinical equipment and facility maintenance. From suction units to ceiling tiles, practices can now handle compliance, equipment service, plumbing, electrical, janitorial, and more—all through one dashboard, one team, and one invoice.

This partnership eliminates the chaos of multiple vendors, ensuring faster response times, fewer disruptions, and full visibility for operations teams.

As AI rapidly reshapes the underwriting landscape, the insurance industry is grappling with both opportunities and uncertainties. A recent Insurance Business UK article highlights the growing adoption of AI, from Aviva’s AI-driven “Actuarial Agent” to new algorithmic underwriting startups, while also revealing anxiety among brokers and actuaries about job displacement and their own readiness. Armilla AI is stepping in to fill the trust gap. Their partnership with Chaucer launched one of the first insurance products to cover AI model failures, helping underwriters adopt AI responsibly. In a space where risk meets innovation, Armilla is building the confidence insurers need to embrace next-gen technology without compromising reliability or compliance.

Driver Technologies is proud to announce that COO and co‑founder Marcus Newbury has been recognized as a 2025 Rising Star by Insurance Business America. The award celebrates his exceptional leadership and innovation in the insurance and transportation sectors. Newbury’s strategic initiatives have driven significant growth and enhanced service delivery across the company’s platform. This accolade highlights both his individual achievements and Driver Technologies’ ongoing commitment to excellence and transformation within the industry.

Civ Robotics has developed a rugged autonomous surveying robot that speeds up construction layouts by up to 8× while improving precision on challenging terrain. The robot utilizes RTK GPS to accurately mark layout points, thereby reducing the need for manual labor and survey crews. Designed to operate in challenging outdoor conditions, it enhances efficiency for projects such as solar farms and infrastructure builds.

Eskuad’s "Map Forms" brings climate-smart forestry to the forefront by enabling field teams to collect geolocated data via mobile forms—no paper, no manual entry. This empowers real-time tracking of tree planting, carbon sequestration, fire risk, and biodiversity metrics. By integrating GIS layers, customizable workflows, and device-level precision, forestry operations can monitor climate impacts, ensure compliance, and adapt practices more effectively. The result is streamlined workflows, improved data accuracy, and actionable insights, supporting sustainable, resilient forest management in the era of climate change.

Ash and Impilo have joined forces to offer a seamless, end-to-end at-home health solution across the U.S. Ash brings a wide range of customizable at-home test kits (e.g., cancer, chronic condition, infectious disease, and HEDIS measures), while Impilo supplies technology-driven logistics and remote patient monitoring devices like BP cuffs, EKGs, glucometers, scales, and wearables. Their unified platform delivers kits and devices in a single shipment, enabling healthcare organizations to close care gaps and support proactive, data-driven care, with no in-person visits required. The service is now available nationwide to enterprise partners, digital health firms, payors, and health plans.