Latest news with #BrettCarlson
Yahoo
09-07-2025
- Automotive
- Yahoo
ServiceUp raises $55M to simplify fleet vehicle repairs
Los Gatos, California-based tech platform ServiceUp has raised $55 million in Series B funding to streamline the vehicle repair process for fleet operators and insurers. The round, led by PeakSpan Capital and existing investors, brings the company's total funding to $70 million since its founding in 2021. Originally an app designed to remotely manage consumer vehicle maintenance and repair, ServiceUp now also serves as a B2B repair partner for fleets, insurers and shops across the U.S. The company manages the entire repair process for vehicles – all while providing updates and streamlining data in one platform from pickup to delivery. 'We're not here to slightly improve vehicle repair management,' said Brett Carlson, co-founder and CEO of ServiceUp, in a news release emailed to FreightWaves. 'We're rebuilding it from the ground up. Every delay, every unknown, every wasted hour — we're eliminating all of it with tech and automation. This raise gives us the fuel to move faster, go bigger, and keep pushing the auto repair industry forward.' The platform removes manual follow-ups and offers greater transparency for previously clouded repair tracking processes. Its centralized dashboard manages collision, maintenance and mechanical repairs. According to the company's news release, ServiceUp has served leading logistics businesses by reducing their repair cycle times by over 30%. 'Auto repair has remained one of the last great black boxes in the modern economy — fragmented, opaque, and bogged down by outdated workflows and siloed point solutions,' said Jack Freeman, partner at PeakSpan Capital, in the release. 'It's a system that frustrates fleet operators, drains productivity, and kills margin for insurers and service providers. ServiceUp is dismantling that model. They've built the first truly intelligence-driven system of engagement for the automotive repair space — redefining how the entire ecosystem connects, communicates, and operates.'The latest capital fundraising effort will allow ServiceUp to grow its team, enter new markets and boost development of its software as a service configuration: Connect. The new software is designed to pair seamlessly with ServiceUp 360, a managed service model for faster cycle times and more visibility at more efficient costs. The post ServiceUp raises $55M to simplify fleet vehicle repairs appeared first on FreightWaves.
Yahoo
13-03-2025
- Business
- Yahoo
Porter Announces Growth Investment by Eir Partners to Accelerate the Deployment of AI-Based Care Coordination Services
The Company will use proceeds to further innovate its care-at-home services, software, and technology to expand its offerings and continue to improve both outcomes and financial performance. BALTIMORE, March 13, 2025 /PRNewswire/ -- Porter, the only platform dedicated to connecting members with the resources, services, products, and education they need to live their best lives at home, announced a growth investment by Eir Partners to accelerate the deployment of AI-based care coordination services. Porter has distinguished itself as the only quality- and risk adjustment-focused care coordination program. Porter uses technology and AI to streamline care coordination, removing barriers to follow-up treatment, improving patient outcomes, and driving compliance for risk adjustment programs. "We are pleased to be partnering with Eir given their strong history of investing and scaling technology-enabled providers in the payor services market," said John Criswell, Founder, CEO, and Chairman of Porter. "This is an exciting inflection point for Porter. We are thrilled to continue driving value for our patients, customers, and clinicians, while also increasing investment into our technology and expanding our geographic footprint." "We are excited to announce the growth partnership between Porter and Eir," said Brett Carlson, Managing Partner of Eir Partners. "Porter is making a meaningful difference across its covered patient population of over two million by driving follow-up treatment, improving health outcomes, and elevating the member experience." In case you missed the panel Porter hosted at the RISE National 2025 conference with industry experts and some notable health plan partners, stop by Porter's booth or visit their website to learn more. Porter is featured as a platinum sponsor at the RISE National 2025 conference, which continues to be the most meaningful conference for professionals of all levels in the Medicare Advantage, Medicaid, and ACA Commercial markets. About Porter Porter combines the power of AI with the power of care. Porter is a leading healthcare IT and services platform for care and coverage coordination that optimizes outcomes and member experience. Porter delivers understanding, compassion, information, and peace of mind for consumers. Driven by robust AI analytics, Porter's Care Guide team helps the member navigate the healthcare delivery system, secures the right support for each member's specific needs, and directs Porter's team of expert clinicians to perform comprehensive in-home care, complete with lab and diagnostic testing. By coordinating the complexities of each unique care journey, Porter helps close the gaps with the largest impact on quality measures, total cost of care, risk adjustment, and member experience. Visit About Eir Partners Eir Partners Capital, LLC ("Eir Partners") is a Miami-based private equity company focused exclusively on healthcare technology and tech-enabled services. Eir combines its operational expertise with bottoms up thematic sourcing efforts to accelerate value creation. Since inception, Eir has completed transactions across payor, provider, employer and pharma tech, including leading industry names such as Capta, GiftHealth, Helpware, Machinify, PharmaForceIQ, and ReviveHealth. Targeted stages of investment include growth equity through control buyouts and equity check sizes range from $25 - $125 million. Visit Media Contact:Neil Blanchard, View original content to download multimedia: SOURCE Porter Sign in to access your portfolio
