Latest news with #FinCapital
Yahoo
28-05-2025
- Business
- Yahoo
Blend360 and Fin Capital Announce Strategic Partnership to Accelerate Enterprise Innovation
Leveraging deep domain expertise in AI and Fintech, the firms will partner with corporations to identify, build, and deploy new products and solutions NEW YORK, May 28, 2025 /PRNewswire/ -- Fin Capital, a global asset manager specializing in B2B Fintech Software, and Blend360, a leading provider of AI talent, data science solutions, and digital transformation services, today announced a strategic partnership to support corporate innovation teams as they invest in and build new AI-powered ventures. Corporations are increasingly seeking agile, tech-forward partners to help navigate emerging technologies like Generative AI, embedded finance, and data-native products. This collaboration brings together Fin Capital's proven expertise in full lifecycle Fintech investing, strategic corporate venture advisory, and its proprietary Lighthouse Platform—a AI-driven portfolio management solution—with Blend's AI-focused talent network, product development teams, and data-driven consulting services designed to accelerate enterprise innovation. Under the partnership: Blend will offer AI-driven product development, data science talent, and strategic advisory to Fin Capital's corporate partners and portfolio companies – seeking to accelerate their innovation roadmaps and time-to-value. Fin Capital will provide investment and Fintech expertise – curating and supporting Blend's engagement with Fintech startups, as well as helping corporates advance their innovation agenda and bring new products and partnerships to market. "This partnership with Blend360 enables us to deliver even more value to our corporate partners and Founders by pairing Fintech innovation with enterprise-grade consulting and professional services to support implementation and execution," said Logan Allin, Managing Partner at Fin Capital. "There has been a fundamental shift in how corporate innovation teams operate and we are providing a new model to identify, unlock, and accelerate new growth opportunities," said Alex Sion, Head of Financial Services at Blend360. "We're blending AI talent, product strategy, and venture expertise to support today's enterprise leaders." About Fin Capital Founded in 2018, Fin Capital is a global asset manager focused on full lifecycle investing, from pre-seed to pre-IPO, in B2B Fintech software companies. Fin Capital is passionate about rolling up its sleeves and partnering with repeat founders and seasoned entrepreneurs that have deep financial services experience, differentiated products, and a global mindset. The firm seeks to add meaningful value beyond capital with a proprietary "OS" Lighthouse and deep operational playbooks. Fin is headquartered in San Francisco, with offices in New York and Miami. To learn more, please visit About Blend360 Blend is a premier AI services provider, committed to co-creating meaningful impact for its clients through the power of data science, AI, technology, and people. With a mission to fuel bold visions, Blend tackles significant challenges by seamlessly aligning human expertise with artificial intelligence. The company is dedicated to unlocking value and fostering innovation for its clients by harnessing world-class people and data-driven strategy. We believe that the power of people and AI can have a meaningful impact on your world. For more information, visit View original content to download multimedia: SOURCE Blend360 Sign in to access your portfolio
Axios
27-04-2025
- Business
- Axios
Healthee lands $50M to streamline benefits
Health benefits navigation startup Healthee raised $50 million in Series B funds led by Key1 Capital. Why it matters: This is one of several recent bets on benefits tech, as investors seek AI-native tools for legacy HR pain points. Follow the money: The capital gives Healthee roughly four years of runway, per CEO Guy Benjamin, who says he expects the company will raise again in about three years. Previous investors Fin Capital, Glilot Capital Partners and Group11 joined the raise. How it works: Based in New York City, Healthee uses AI to help employees navigate health and benefits options. A core offering is Zoe, an AI assistant designed to decode dense insurance terms and recommend care options based on personal needs and plan coverage. It can answer questions like "Is this lab in-network?" or "What's left on my deductible?" Customers include Instacart, SiriusXM and Celonis. "We leverage LLM models," says Benjamin. "It's like ChatGPT for benefits." Inside the room: Healthee didn't set out to raise this round, per Benjamin; Key1 approached the company based on its traction. Stunning stat: Half of employees said they wish they were more informed about their company's benefits, per a 2023 MetLife survey. Reality check: While Healthee's growth and backers are strong signals, the health benefits space is crowded — with legacy players and other AI startups vying for employer attention. For example... Thatch, a startup helping employers offer Individual Coverage Health Reimbursement Arrangement (ICHRA) to employees, earlier this month raised $40 million in Series B funds from Index Ventures, Andreessen Horowitz, General Catalyst, and others. Auxa Health, another benefits navigation startup, last year collected a $5.2 million seed from backers including Zeal Capital Partners and AlleyCorp. The bottom line: Investors are betting that AI-powered simplicity can power better benefits navigation, but company success will depend on sustained user engagement and measurable outcomes.
