Latest news with #RyanLLC
Globe and Mail
08-07-2025
- Business
- Globe and Mail
24/7 Market News: VENU Launches New Growth & Strategy Initiative to Accelerate National Expansion
Denver, Colorado--(Newsfile Corp. - July 8, 2025) - a pioneer in digital media dedicated to the swift distribution of financial market news and information, reports that as Venu Holding Corporation (NYSE American: VENU) is making a bold move to accelerate its national expansion, appointing Terri Liebler as President of Growth and Strategy, a newly created executive role signaling the company's intent to scale aggressively in the live entertainment space. The appointment aligns with the launch of VENU's Growth and Strategy division, a key milestone that emphasizes the company's fan-first, ownership-driven model. A seasoned executive, Liebler brings over 20 years of industry experience, including a 22-year tenure at Live Nation, where she rose to Senior Vice President of Media and Sponsorships. "Over the past six months, as we've been laying the groundwork for this division, I've grown more and more excited about what's ahead, and that's in large part because of Terri Liebler," commented J.W. Roth, Founder, Chairman, and CEO of VENU. This strategic move, underscores Venu's aggressive expansion plans to add two facilities per quarter, via Venu's recent agreement with Ryan, LLC, a national advisory firm, to optimize municipal finance and site selection for future venues, reinforcing the company's public-private venue. The move strengthens VENU's trajectory as it builds a national footprint through real estate development and PPP initiatives, targeting markets with a model that blends fan engagement and asset-backed growth. Key Growth Highlights: Five-year growth plan: Venu plans on adding 20 new venues over the next five years. 250,000 total seats: This build-out will bring the company's total seat count to 250,000. Strong capital momentum: In 2024, luxury "FireSuite" fractional ownership surged 250% to $77.7 million, up from $22.2 million in 2023, and the growth rate more than doubled again, as first quarter 2025 Luxe Fire Suite and Aikman club sales reached $38.7 million. Strategic Partnerships & Market Reach. Terri Liebler's leadership will connect these financial vehicles with strategic partnerships, including AEG Presents, Troy Aikman's EIGHT Beer, and Ford Motors. Venu Holding Corporation (NYSE American: VENU) 24/7 MARKET NEWS, INC Disclaimer Please go to for additional VENU disclosure or for disclaimer information. Cautionary Note Regarding Forward-Looking Statements This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company's ability to continue as a going concern, the popularity and/or competitive success of the Company's acquired football and other sports teams, the Company's ability to attract players and staff for acquired clubs, unsuccessful acquisitions or other strategic transactions, the possibility of a decline in the popularity of football or other sports, the Company's ability to expand its fanbase, sponsors and commercial partners, general economic conditions, and other risk factors detailed in the Company's filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law.
Forbes
03-04-2025
- Business
- Forbes
Incentify Secures $9.5 Million Series A Funding To Revolutionize Tax Credit And Incentive Management
NORTH HALEDON, NJ - APRIL 15: In this photo illustration, a 1040 U.S. Individual Income Tax Return ... More document is seen on a desk on April 15, 2024 in North Haledon, New Jersey. (Photo illustration by) In a significant development for the tax credit and incentives (C&I) technology sector, Incentify has announced the successful closure of a $9.5 million Series A funding round. The investment, led by Innovent Capital Group, positions the company to accelerate the growth of its AI-powered platform dedicated to discovering and managing tax credits and incentives. The announcement revealed that alongside lead investor Innovent Capital Group, the funding round attracted participation from Ryan LLC, Gary Gilbert (co-founder of Rocket Mortgage and co-owner of the Cleveland Cavaliers), and other investors. This capital injection comes at a pivotal moment for Incentify, which has already established partnerships with major global organizations including Amazon, Kroger, Cargill, Tyson, Sony Pictures, and Paramount Studios, as well as thousands of small and medium-sized businesses. Laurence Sotsky, CEO of Incentify, outlined the company's ambitious vision: "Our long-term vision is to be the complete operating system of the C&I economy. This funding provides businesses and customers with more data, improved AI automation, increased visibility real-time insights, and more dollars realized. These improvements and advancements will ensure that incentive discovery, application, compliance, and reporting are effortless and accessible, no matter the complexity, jurisdiction, industry, or size of the business. We are extremely grateful to our new investors and intend to deliver incredible results to our customers and to them." Industry analysts have identified a significant inefficiency in the C&I landscape, with up to $1.2 trillion in available incentives reportedly going unclaimed by corporations. The traditional market has been characterized by friction, opacity, and underutilization—challenges that Incentify aims to address through its technological innovations. At the center of Incentify's offering is "Incentify Explore," described as the industry's first AI-native C&I discovery engine. This tool allows businesses to identify credits and incentives across federal, state, and local levels using Incentify's proprietary data set. The platform's capabilities include uploading a single address or an entire corporate portfolio to immediately surface tailored incentives filtered by eligibility, strategic use cases such as carryforward periods and recapture clauses, or specific keywords. Brett Markinson, CEO and Founder of Innovent Capital Group, expressed strong confidence in Incentify's potential: "Incentify has demonstrated an ability to serve some of the biggest and most complex companies in the world with their core C&I technology. The recent addition of their AI-powered product, 'Explore' looks to take the company to the next level. What's been most impressive is that the company has demonstrated the capacity to drive real results in an extremely underserved market very quickly. We are incredibly impressed by their traction from some of the largest enterprises and advisory firms in the market." Brint Ryan, CEO and Founder of Ryan LLC, highlighted the strategic value of the partnership: "As one of Incentify's earliest corporate partners and investors, Ryan is pleased to expand our commitment by participating in the company's recent funding round. We are excited about the progress they have made over the last several years to create digital solutions in the C&I space that assist clients to take advantage of the numerous state, local and federal incentives that are available to them. Ryan is looking forward to further collaborating with Incentify's leadership team to provide world-class C&I technology and services solutions to the market." Adding to the chorus of investor support, Gary Gilbert, Founder of Gilbert Films, Co-Founder of Rocket Mortgage, and Co-Owner of the Cleveland Cavaliers, stated: "We believe Incentify is at a critical stage of their growth trajectory and has impressed us with their ability to scale quickly and secure partnerships with premier Fortune 500 companies. Incentify's Explore product appears to be a game changer. We are thrilled to support this talented management team as they revolutionize this industry." The C&I software market has been dominated by established players like Wolters Kluwer's CCH AnswerConnect and Thomson Reuters' CheckPoint Pinpointer. These platforms operate primarily as components of broader legal and tax research suites, while Incentify Explore has emerged as a specialized solution focused exclusively on tax credits and incentives. Incentify's zone-based incentive visualization represents a market innovation, enabling users to identify applicable zones (such as Opportunity Zones) at the street level. The platform's features, including sharing tools and multi-site tracking, are designed to address the needs of enterprises with complex organizational structures. With this significant funding round secured, Incentify appears positioned to accelerate its growth trajectory in the C&I space. The company's stated ambition to become "the complete operating system of the C&I economy" reflects confidence in both its technological approach and market opportunity. As organizations increasingly seek efficient methods to identify and maximize available tax incentives, Incentify's AI-driven platform aims to transform what has historically been a complex, opaque process into one that is, in Sotsky's words, "effortless and accessible." The investment represents not just capital but also a vote of confidence from established players in the financial technology ecosystem. As Incentify continues to expand its capabilities and workforce through 2025, the market will be watching to see if its technological innovations can indeed unlock the trillion-dollar opportunity that currently exists in unclaimed corporate incentives.
