Business, Free News Articles, Funding and Investment

America’s ‘Queen of Crowdfunding’ Celebrates 10 Year Anniversary of Helping Pass The Jobs Act of 2012 Into Law

LAS VEGAS, Nev. -- This April marks the 10-year anniversary of the Jumpstart Our Business Startups Act, or JOBS Act which is a law intended to encourage funding of small businesses in the United States by easing many of the country's securities regulations, said Ruth E. Hedges, CEO of Rise Up Crowdfunding. It passed with bipartisan support and was signed into law by President Barack Obama on April 5, 2012.

Back then, the country was filled with hope and change. But has anything really changed for small businesses 10 years later? Ruth E. Hedges certainly thinks it has but she also knows there's still a long way to go.

Ms. Hedges was an integral team member that lobbied for and helped get the JOBS Act passed into law in 2012 ensuring that diverse entrepreneurs get greater access to capital to help them scale, grow and compete for contracts. The JOBS Act of 2012 also helped usher in Regulation Crowdfunding (also known as crowd-investing or investment crowdfunding). It's a method of raising capital used by Startups and early-stage companies.

Essentially, regulation crowdfunding offers the company's stock to the general public in exchange for capital. Each investor is entitled to a stake in the company proportional to their investment.

Hedges is a long-time champion for small businesses, diversity, equity, inclusion and wealth building. Her decades long work in these areas along with her tireless efforts to increase the power of diverse business owners and entrepreneurs across the world, have earned her the nickname: The "Queen of Crowdfunding."

After the JOBS Act passed, Hedges went on to start and run the world's first ever Crowdfunding Conference for seven years drawing attendees from all over the world to learn more about leveraging crowdfunding to help scale their businesses. Now, as the CEO of Rise Up Crowdfunding, she uses her passion and energy to continue manifesting her purpose - increasing the power of diverse business owners and entrepreneurs while simultaneously providing diverse populations a turnkey way to invest in companies that are a part of the New Majority in America.

"We are heading into a world where underrepresented groups are a more significant percentage of the American population, and as this number grows, the need to generate wealth within these communities has become necessary for the country's future," said Hodges.

"We are eternally grateful to President Obama for helping pass the JOBS Act of 2012 in order to help to level the playing field for access to capital for everyone and now, 10 years later, we unequivocally know that if small businesses had more access to capital, more could be done to grow the current batch of small and diverse companies eligible to apply for supplier diversity contracts thereby uplifting communities where those businesses are located through job creation, increased wages, tax revenue, and generational wealth," added Hedges.

Rise Up Crowdfunding is the first funding portal focused on these key issue areas. Created by Ruth E. Hedges in collaboration with the Coca-Cola Company, Rise Up Crowdfunding is a coalition of leaders across industries and organizations committed to ensuring that diverse entrepreneurs get access to capital to help them scale and drive growth within the supplier diversity network. Other key collaborative partners are the National Veteran Business Development Council and the IWEC foundation for women.

April is also national financial literacy month. And, on Tuesday April 26, Ms. Hedges will be speaking on Capitol Hill about the integral role that crowdfunding can play to help small diverse businesses, specifically, Black businesses, scale and grow. Congress is launching the Congressional Caucus on Black Innovation and, given her tremendous expertise in the field of crowdfunding, Ms. Hedges has been asked to present and speak at the launch event. Her speaking engagement will provide an opportunity to contribute to the future policy solutions impacting Black people, with the ultimate goal of the Caucus being to produce an omnibus bill on how to foster Black innovation in America and beyond.

All throughout the month of April, Ruth E. Hedges and Rise Up Crowdfunding will continue manifesting the mission of the JOBS Act of 2012 and bringing to fruition the hope and change that was lobbied for a decade ago in order to help level the playing field for small businesses and diverse entrepreneurs in an unprecedented way.

"Now, more than ever, we should be teaching individuals about the value of financial literacy, economic empowerment and entrepreneurship instead of simply teaching them how to be good at consumption," stated Ruth E. Hedges. "And the Rise Up Crowdfunding platform will accomplish all that and so much more," she added.

Individuals interested in learning more about Rise Up Crowdfunding, Ruth E. Hedges or how they can support diverse businesses, can visit the website at: https://riseupcrowdfunding.com/.

Rise Up Crowdfunding can also be found on the following social media channels: https://www.linkedin.com/company/riseupcrowdfunding/

https://twitter.com/riseupcf

https://www.facebook.com/RiseUpCrowdfunding/

https://www.instagram.com/riseupcrowdfunding/

ABOUT RISE UP CROWDFUNDING:

Rise Up Crowdfunding is a new impactful collaborative equity crowdfunding process to help more Women, Black, and Brown, LGBTQ, Veterans, and all underrepresented minority founders and small businesses gain access to capital from the millions of people who (since the passing of the JOBS Act in 2012) can now invest a small amount of money in a private company online. Rise Up Crowdfunding leverages regulation crowdfunding to quickly reach people all over America that are looking for the capital they need to grow and scale bring their business in order to better compete for supplier diversity contracts or those individuals seeking to become an investor.

Related link: https://riseupcrowdfunding.com/

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Business, Free News Articles, Funding and Investment

Neurosoft Bioelectronics Receives Nearly $3 Million in Funding

NEW YORK, N.Y. -- Neurosoft Bioelectronics, an early-stage company developing tools for unmet needs in epilepsy and tinnitus, was awarded nearly $3 million USD, from the SERI-Funded European Innovation Council Accelerator Grant and a share of the $165,000 USD through the European Research Council Proof-of-Concept Grant. Additionally, the firm secured a $100,000 convertible note from the Fongit Innovation Fund.

Proceeds will fund continued development of the company's soft flexible electrodes to be marketed as SOFT ECoG™, a family of implantable devices which can seamlessly interface with the brain. The novel devices are up to 1000x softer and 2x thinner than clinical electrodes, with integrated electrode sites up to 100x smaller, making them suited for high-resolution recording and stimulation of the brain for up to thirty days. Their conformability and softness make them ideally suited for placement in the sulci of the brain - hard to reach areas of the brain where many disorders may best be treated. The deep folds of a sulcus are inaccessible for other electrodes while SOFT ECoG can be safely and precisely placed for stimulation and recording.

"Given that 70% of the surface of the brain is buried in sulci, it was critical to develop a technology that could safely and effectively work in those spaces," said Neurosoft Bioelectronics' CEO, Nicolas Vachicouras, Ph.D. "We're eager to put these significant funds toward clinical testing and regulatory approval of SOFT ECoG in the upcoming months, which will simultaneously drive progress of SOFT TINNIT. Together, these products have the potential to bring relief to epilepsy, brain tumor, and tinnitus patients, and in the future will impact those living with other neurological disorders such as deafness, blindness, tetraplegia, and chronic pain."

Vachicouras will present an update about the company and technology at the Bioelectronic Medicine Forum in New York today.

Most of the funds are designated for the further development of SOFT ECoG however, the innovations made will simultaneously advance the company's second product, SOFT TINNIT™. SOFT TINNIT is a chronic implant to perform closed-loop neuromodulation of the cortex to provide relief for patients suffering from severe tinnitus. Severe tinnitus, which has no cure, affects more than 7 million people in the U.S. and Europe.

Learn more: https://www.neurosoft-bio.com/technology

About Neurosoft Bioelectronics

Neurosoft Bioelectronics Ltd. is a Swiss medtech spin-off from the Swiss Federal Institute of Technology in Lausanne (EPFL). Neurosoft Bioelectronics develops next generation soft implantable electrodes to interface with the brain for the treatment of severe neurological disorders. Its main product is a fully implantable closed-loop Brain-Computer Interface (BCI) to treat severe tinnitus, a condition that affects 7M people in the US and Europe, of which 7% attempt suicide every year. It is also developing a family of subdural electrodes intended for monitoring during brain tumor and epilepsy resection surgery.

Learn more at: https://www.neurosoft-bio.com/

RELATED LINKS:

https://neurotechreports.com/pages/bioelectronic-medicine-forum.html

Related link: https://www.neurosoft-bio.com/

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Awards and Honors, Business, Free News Articles, Funding and Investment

Nancy Pfund, Pioneering Leader in Impact Investing, Named FWSF Financial Woman of the Year 2022

SAN FRANCISCO, Calif. -- Financial Women of San Francisco (FWSF) today named Nancy Pfund, the Founder and Managing Partner of DBL Partners, as the FWSF 2022 Financial Woman of the Year. DBL Partners is one of the first venture capital firms to bring impact investing into the mainstream. Nancy and her colleagues launched DBL out of JP Morgan in 2008 after seeing increased momentum in the move to social and environmental impact. At DBL (standing for "Double Bottom Line"), Nancy and her team built a firm whose raison d'être is to foster investment with impact. The firm strives to optimize both financial return (First Bottom Line) and positive social impact, including social, environmental and economic benefits (Second Bottom Line) in the regions and sectors in which it invests. Nancy was an early investor in Tesla, SpaceX, SolarCity, and Pandora, among many others.

In addition to her innovation and leadership in building a clean energy future for the planet and putting social impact on the boardroom agenda, Nancy has consistently been an advocate for advancing the participation and leadership of women. Nancy firmly believes that the future will be brighter with a more diverse and representative workforce building it. FWSF shares Nancy's commitment to making an impact, increasing diversity, and advancing women-these are a few of the many reasons why Nancy is being honored by FWSF in 2022.

"Building my finance career in San Francisco over the years," says Nancy, "I have always been struck by the abundance of professional women who lead not only in their own fields, but in proactively helping other women advance in theirs. The Financial Women of San Francisco organization has played a key role in highlighting the importance and accomplishments of Bay Area women in finance, and I am honored to join the ranks of outstanding women who have won this award before me."

Melissa Maquilan Radic, the 2022 President of FWSF and Managing Director of Investor Relations & Capital Markets at IMPACT Community Capital, LLC is particularly excited about this year's honoree. "Nancy Pfund was a leader in the impact investing space long before this type of investing gained the widespread recognition it has today. She is a champion of social and environmental change, both personally and professionally, and is an inspiring role model for women who want to lead in the investment management or impact space. We are so proud to grant Nancy our highest honor and look forward to sharing her insights with the FWSF community."

"When I first started my impact investing journey, it was a lonely place to be," Nancy explained, "Undaunted, and determined to bring the worlds of finance, investment and social and environmental progress together, I relied on the support of early adopters willing to bet on me and on this new vision. Many of these early adopters were women, and women continue to lead in impact today. FWSF embodies the spirit of impact-and its benefits-by steadfastly lifting women up and passing the baton to younger women through its scholarship program that creates the next generation of financial women leaders."

The Financial Woman of the Year award was established in 1996 to celebrate the organization's 40th anniversary. Past FWSF Presidents Leslie Miller and Shelly Porges created the Financial Woman of the Year event with the triple purposes of raising funds for FWSF's scholarship program, increasing awareness of FWSF, and celebrating the careers of senior leaders in finance. Since then, it has provided a platform for high-achieving honorees to share their professional experience with others and to inspire other women in their own careers and ambitions. Nancy joins a distinguished list of former honorees including Jenny Johnson, CEO of Franklin Templeton, Terri Kallsen, Chief Operating Officer at Wealth Enhancement Group, Heidi Roizen, Partner at Threshold Ventures; Robin Washington, former chief financial officer (CFO) of Gilead; Debbie Messemer, former managing partner of KPMG's Bay Area Market; Carrie Dolan, CFO of Kraken Digital Asset Exchange; Sarah Friar, CEO of Next Door and former CFO of Square; and Pat Yarrington, former CFO of Chevron.

About Nancy Pfund

Nancy Pfund is the Founder and Managing Partner of DBL Partners and one of the world's pioneers in impact investing. Through Nancy's passion and leadership, DBL has revealed the power of venture capital to promote social change and environmental improvement. Nancy writes and speaks frequently on the field of impact investing, and she sponsors or sits on the boards of several companies, including; Farmers Business Network, The Muse, Zola Electric, Bellwether Coffee, Spatial, and, prior to their public offerings, Tesla, SolarCity and Pandora. Prior to founding DBL, Nancy was a Managing Director in Venture Capital at JPMorgan, having started her investment career at Hambrecht & Quist in 1984. Previously, Nancy worked at Intel Corporation, The State of California, Stanford University, and the Sierra Club. Nancy received her BA and MA in Anthropology from Stanford University and her MBA from the Yale School of Management.

In September 2020, Nancy was named to the Forbes Impact 50 List of the most notable impact investors. She is also a recipient of the Commonwealth Club 2018 Distinguished Citizen Award and the Earth Day Network 2018 Climate Visionary Award. She was featured as #17 in the 2014 Fortune Inaugural World's Top 25 Eco-Innovators and appeared in Fast Company's 2016 List of Most Creative People in Business.

To learn more about Nancy Pfund's incredible leadership and career, please visit: https://www.dbl.vc/people/nancy-pfund/

About DBL Partners

DBL Partners was formed with a "Double Bottom Line" investment strategy to invest in companies that can deliver top-tier venture capital returns (First Bottom Line), while working with companies to enable social, environmental, and economic improvement in the regions in which they operate (Second Bottom Line).

DBL Partners uses venture capital to accelerate innovation in a way that positively affects an organization's social impact, as well as its financial success. DBL strongly believes that these two drivers-positive social change and healthy financial performance-are inherently connected. DBL invests and helps nurture outstanding entrepreneurs and companies in Cleantech, Information Technology, Sustainable Products and Services and Healthcare.

For more information about DBL Partners, please visit: https://www.dbl.vc/

About Financial Women of San Francisco

The Financial Women of San Francisco seeks to advance the success of women in finance and financial services and to be a source of insight and inspiration to financial women executives and managers throughout the Bay Area. In addition to the FWSF's professional organization focused on advancing women, since 1985, the FWSF Scholarship Fund (a 501(c)(3) organization) has awarded more than $2.7 million in scholarship grants to more than 325 Bay Area women. Beyond financial support, FWSF scholarship recipients are mentored by FWSF members, become members of the organization, and attend career development and networking events.

For more information, please visit https://financialwomensf.org/ or follow Financial Women of San Francisco on LinkedIn, Facebook and Twitter.

Related link: https://financialwomensf.org/

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Business, Free News Articles, Funding and Investment

Applications are open for the second year in a row at this Arizona-based accelerator built for female founders 40+

PHOENIX, Ariz. -- RECREATE Now LLC is taking applications for its second cohort in Arizona and it's first cohort in San Francisco, California to help aspiring women entrepreneurs build and launch their idea. Following an expansion into the Bay Area, the Arizona-based organization is aiming to support the underserved market of women over 40 who are transitioning from the corporate world and wanting to start their own business or non-profit without being surrounded by twenty-something tech bros.

* Even as millions of women in the U.S. quit their jobs, women over 40 are still an underserved demographic in the entrepreneurship community

* Start-up funding for female founders is on the rise for both for-profit and non-profit sectors

* The deadline to apply for the Recreate Action Tank is March 1, 2022

Coming from the world of executive coaching and corporate training on Diversity and Inclusion, Recreate Co-founder Melissa Lamson knows how to identify a gap in the market. Even with nearly 40 million people leaving their jobs in 2021 and a clear rise in entrepreneurship, she hasn't found an accelerator tailored to the uniqueness of women over 40-so she built one.

"I've seen so many women hesitate on their own ideas, and not having the guidance they need means those ideas fall by the wayside. We want to give them a chance by surrounding them with extraordinary women who have done it before and who are doing it now," says Lamson.

With full-day sessions led by big-name entrepreneurs like Heidi Jannenga of WebPT and Courtney Klein co-founder of SEED SPOT, among other talented women, the accelerator aims to nourish the founders with a cohort of talented women building alongside them.

Encouraging this new wave of female founders, the Recreate Action Tank is in partnership with the Arizona Commerce Authority and has been sponsored by Carvana, Bank 34 and Blue Cross Blue Shield.

"We curate the tools, practices, connections, and funding opportunities - everything these women need to give their business idea or non-profit a chance to thrive," says Lamson, "It's not just about teaching or lecturing, it's about taking action with a core community to support you."

To learn more about the program or to apply, visit https://www.recreateactiontank.org/

Related link: https://www.recreatenow.org/

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Business, Free News Articles, Funding and Investment, Software

TMC Emerging Technology Fund LP Invests in Capacity

SAN DIEGO, Calif. -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") recently participated in a $38M Series C investment round for AI Software, LLC dba Capacity. Capacity is an AI-powered support automation platform that connects into an organization's tech stack to answer questions, automate repetitive support tasks, and build solutions to any business challenge.

"The TMC Emerging Tech Fund's commitment to innovation in lending makes it a great partner for Capacity. We share the belief that technology has the power to improve the loan origination process and value their investment in our efforts to help people do their best work with support automation," said David Karandish, Founder and CEO of Capacity. "By tapping into the insights of TMC members, we can optimize how our AI-powered platform serves the needs of the mortgage industry, helping them centralize their knowledge, streamline workflows and automate repetitive tasks to meet the needs of their customers in today's environment."

Capacity provides mortgage lenders with a single platform to automate customer support and internal business processes. The platform boasts a more than 90% success rate in answering all prospective and current borrower inquiries automatically via conversational AI, and its no-code/low-code design, powerful workflow automation suite, robust developer platform and flexible database enables graceful human handoffs when necessary and intuitive task management. With Capacity's AI-powered support automation platform, lenders can enhance their user experience while streamlining operations, resulting in an 11-day improvement in closing times over the national average of 47 days.

"As mortgage tech enters its next evolution, companies like Capacity and its software represent a key next step in creating a more modern, tech-enabled mortgage operations process. Using best-in-class AI, Capacity helps mortgage lenders ease friction points and reduce costs within their operations, resulting in a less expensive and more streamlined borrower experience. We are thrilled to support Capacity on its journey and look forward to seeing the additional innovations it can deliver," said Jonathan Freed, Lender Engagement Director of the TMC Emerging Technology Fund.

The Limited Partners of the TMC Emerging Technology Fund consist of some of the most technology-forward lender members of TMC who evaluate and invest in companies looking to advance the mortgage industry. The Fund continues to look for investment opportunities that will result in higher profitability and business process improvement for TMC lender members. For more information, please reach out to tmctechfund@mtgcoop.com.

About The Mortgage Collaborative

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America. For more information, visit http://www.mortgagecollaborative.com/

Related link: https://www.mortgagecollaborative.com

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Business, Free News Articles, Funding and Investment, Manufacturing

SIERA.AI Announces $6.8 Million Seed Funding Round

AUSTIN, Texas -- Connected Industrial Mobility leader, SIERA.AI, announced the completion of a $6.9 million seed funding round. The funding round was supported by Parkway Venture Capital, a New York venture capital firm and Ubiquity Ventures, a Silicon Valley seed-stage institutional venture capital firm.

Ken's Foods and NFI Industries are among the building material, food and logistics industries that are planning to scale with SIERA.AI's technology offerings for vehicle compliance and safety. Flagship products include S3 Pedestrian Detection and S3 Slow to a Safe Stop.

"Warehousing is the new retail," said Suhas Ahuja, Co-Founder & COO of SIERA.AI. "SIERA.AI is positioned to lead the new ecommerce world with safety and automation that enables an organization to achieve sustainable growth."

SIERA.AI proactively fosters a better workplace.

"Our vision is to bring the power of one-screen on the vehicle and one dashboard in the cloud for heavy industrial vehicles," said Saurav Agarwal, Co-Founder and CEO of SIERA.AI. "We expect our platform will enable customers to connect their Warehouse Management and Manufacturing Execution Systems to our single mobility orchestration engine that will drive productivity across all types of manual and autonomous vehicles."

About SIERA.AI

SIERA.AI is a fast-growing venture-backed AI company in Austin, Texas that's building the future of connected industrial mobility. SIERA.AI's AI-enabled IoT devices and SaaS platform bring advanced vehicle safety and automation to the manufacturing and warehousing market. Our customers include top Fortune 500 manufacturing, warehousing and distribution centers. We have been recognized as one of 21 Austin startups to watch out for in 2021.

Learn more about SIERA.AI's mobile safety solutions at: https://www.siera.ai/

Related link: https://www.siera.ai/

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Business, Free News Articles, Funding and Investment, Real Estate

TMC Emerging Technology Fund LP Invests in Clever Real Estate

SAN DIEGO, Calif. -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the Fund) recently participated in a Series B investment round for Clever Real Estate. Clever offers free educational resources - including expert advice, reviews and guides - to help consumers navigate their real estate journey. They also match sellers and buyers with vetted local real estate agents and other service providers to negotiate lower rates on their behalf.

"Clever's mission is to help every person navigate their real estate journey with a trusted expert in their corner. Today, Clever's websites deliver educational content to more than 11 million readers per year. Through our nationwide agent network, Clever sells more than $250M in real estate each month and helps customers save an average of almost $10,000 in realtor fees on each transaction," said Luke Babich, Co-Founder and COO of Clever Real Estate. "We're thrilled to partner with TMC's Emerging Technology Fund to take Clever's growth to the next level. The Fund not only brings capital to help us accelerate the growth of our team and technology but also relationships and operating experience as Clever deepens partnerships in the mortgage industry to propel our team to another year of 300+% growth."

Owen Lee, a limited partner of the TMC Emerging Technology Fund and Co-Owner of Success Mortgage Partners, stated: "Success Mortgage Partners was thrilled to invest in Clever Real Estate. Clever's technology and its disruption of industry norms positions the company for massive future growth. What's more, its leadership team is young, smart, talented and not fearful of hard work - all of which makes Clever an ideal candidate for investment by The TMC Emerging Tech Fund. invests in companies."

The Limited Partners of the TMC Emerging Technology Fund consist of some of the most technology-forward lender members of TMC. The Fund seeks to invest in companies that are leveraging technology to bring transformational change to the mortgage and real estate industries, with a particular emphasis on investment opportunities that will result in higher profitability and business process improvement for TMC lender members.

For more information, please reach out to tmctechfund@mtgcoop.com.

About The Mortgage Collaborative

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America.

For more information, visit https://www.mortgagecollaborative.com/.

RELATED LINKS:

https://www.mortgagecollaborative.com/tmc-emerging-tech-fund.html

https://listwithclever.com/

Related link: https://www.mortgagecollaborative.com

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Business, Free News Articles, Funding and Investment, Regional Events

TMC Emerging Technology Fund LP to Host TMC Mortgage Tech Day

SAN DIEGO, Calif. -- The Mortgage Collaborative (TMC), the nation's largest independent cooperative network serving the mortgage industry, announced today that the TMC Emerging Technology Fund LP (the "Fund") will host TMC Mortgage Tech Day on March 19, 2022, in conjunction with TMC's Winter Conference at the Fontainebleau Miami Beach.

The TMC Mortgage Tech Day is a unique opportunity for Fintech and Mortgage Tech companies to present to a live audience of TMC's Emerging Tech Fund limited partners, which is comprised of TMC mortgage lender executives, and a panel of judges from leading mortgage tech venture capital (VC) firms.

Presenters will receive visibility by top lenders in the country, consideration for investment by the fund and national media coverage, and the top three are also eligible for a cash prize. Target investment themes include Robotic Process Automation (RPA), Machine Vision/Machine Learning, Artificial Intelligence (AI), Web & Mobile Applications, Cybersecurity & Blockchain Applications, and Digital Transaction Platforms.

Interested companies must submit an application here by January 14, 2022. All applicants will be screened by the TMC Emerging Technology Fund for a chance to present during TMC Mortgage Tech Day.

TMC Emerging Technology Fund LP is an early-stage venture capital fund sponsored by The Mortgage Collaborative targeting investments in companies that improve the following: efficiency of manufacturing and servicing mortgages, customer experience, quality and profitability of mortgage origination. TMC's lender members comprise 15-20% of all mortgage originations in the United States.

The Limited Partners of the TMC Emerging Technology Fund consist of some of the most technology-forward lender members of TMC who evaluate and invest in companies looking to advance the mortgage industry. The Fund continues to look for investment opportunities that will result in higher profitability and business process improvement for TMC lender members. For more information, please reach out to tmctechfund@mtgcoop.com.

About The Mortgage Collaborative

Based in San Diego, Calif., The Mortgage Collaborative was founded in 2013 by four notable industry leaders and is the nation's largest independent mortgage cooperative network. TMC is singularly focused on creating an environment of collaboration and innovation for small to mid-size mortgage lenders across the country to reduce cost, increase profitability, and better serve the dynamic and changing consumer base in America. For more information, visit http://www.mortgagecollaborative.com/

RELATED LINKS:

https://www.mortgagecollaborative.com/tmc-emerging-tech-fund.html

https://www.mortgagecollaborative.com/tmc-mortgage-tech-day.html

https://t07vlwbo2c0.typeform.com/to/nGS1Z290?typeform-source=www.mortgagecollaborative.com

Related link: https://www.mortgagecollaborative.com

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Alliances and Partnerships, Business, Free News Articles, Funding and Investment, Real Estate

International Businessman, Kofi Nartey, Joins Belize-Centric Global Progress Fund Team

BEVERLY HILLS, Calif. -- Global Progress Fund, a platform created to provide international groups seeking to diversify their portfolios' access to investments within the country of Belize, is pleased to announce that it has partnered with international businessman, Kofi Nartey, as a founder and core member of the management team.

The Global Progress Fund has been designed as a multi-faceted sustainable investment opportunity, ranging from sustainable smart city real estate development to manufacturing biofuels and bioplastics to multi-media. At the forefront of all of these components is increasing the economic resiliency and bringing economic opportunity to Belize.

"I am delighted to be part of the Global Progress Fund," said Mr. Nartey. "I'm looking forward to helping bring about what will be a billion dollar sustainable smart city development in the heart of Belize. But I'm also looking forward to working towards furthering the economic and infrastructure development of Belize."

In addition to sharing the Global Progress Fund with Mr. Nartey's celebrity and luxury real estate clients through Globl RED, his private real estate firm with over US$6B in transactional experience, Mr. Nartey will assist with the curation and strategy of the real estate development component, from pre-development planning through the ultimate sales cycle.

"We are thrilled to align with a respected industry leader like Kofi. We are excited to have him help us bring the Global Progress Fund to life as he continues to take on the international real estate world through his work with developers, affluent individuals, sports and entertainment celebrities," said co-Founder and Managing Director, Herbert Dogan. "Given our green initiatives and sustainability commitment, we are also pleased to report that we are negotiating with a UK-based NFT pioneer to be able to issue carbon credits as part of the Fund. Finally, we can also report that The Fresnel Companies will be assisting us with the specialized technological issues that are involved in creating a smart city development."

"The Global Progress Fund sustainable smart cities development concept is unique in the Americas," said The Fresnel Companies Partner, Andrew Murphy. "The technological challenges of the development concept align very well with The Fresnel Companies' capabilities."

About Global Progress Fund

Focused on central Belize, the Global Progress Fund will offer select forward-looking investors the opportunity to plant their next "flag" in a developing nation that offers a wealth of opportunities and to have an oversized positive impact on the country with a team that has access to government leaders at the highest level resulting from over fifty years of doing business in the country. By combining the collective years of experience of the team members and leveraging the varied talents of the strategic partners, the Fund can execute on the multi-generational opportunities herein, creating a legacy that will survive modern challenges, affording opportunities for the next generation and beyond, all while having a beneficial impact on the country and people of Belize by providing economic, employment and educational opportunities. For more information about Global Progress Funds vision, please visit: https://youtu.be/Mm0PEEYcxzU

About Kofi Nartey

A leading authority on luxury real estate and development, Kofi Nartey is the go-to broker for affluent clientele, celebrities, and prominent sports figures around the globe. He is the founder of GLOBL Real Estate + Development, a private real estate firm based in Beverly Hills, with global reach. He regularly appears on national television and in print media outlets, including The Wall Street Journal, Los Angeles Times, CBS, CNBC, Fox Business News, ESPN, CNN Money, and The Insider.

He was recently named to the LA500, as one of the most influential business leaders in Los Angeles. Kofi leverages his exposure, reach, professional sports and acting experience, MBA business acumen, and his desire to unlock potential in every business and person he engages. For more information, please visit our Website: https://www.globlred.com/

About The Fresnel Companies

The Fresnel Companies provide essential services in established markets. Technology development and intellectual property developed for these companies have uses that often exceed the scope of the businesses they were designed to serve. Our main focus is in areas where Fresnel collectively has more than 50 years of experience of creating value for investors and management. FGC specifically focuses on four primary segments: Fintech, Media, Data Analytics/Distribution and Software Innovation. For more information, please visit our Website: https://www.fresnelcm.com/

Related link: https://www.globlred.com/

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Business, Free News Articles, Funding and Investment, Software

Lender Price Receives Strategic Investment Led by Argentum to Support Rapid Growth

PASADENA, Calif. -- Lender Price, a leading provider of cloud-based mortgage pricing and digital lending solutions, announced today that it has received a strategic investment led by Argentum with participation from First Analysis and existing investor Costner Lake Investments. The investment will further accelerate Lender Price's rapid growth by supporting product development, sales & marketing, and customer service capabilities.

Many mortgage originators and lenders use decades-old technology to run their core operations, resulting in costly process inefficiencies and missed revenue opportunities. Lender Price's innovative technology allows lenders to easily manage and streamline key parts of the mortgage process, including origination, pricing, underwriting, and secondary marketing. Along with added functionality, Lender Price's products are built on a modern tech stack that makes them faster, more configurable, and easier to integrate than competing solutions.

Lender Price's product suite of SaaS solutions is anchored by an advanced enterprise product, pricing, and eligibility (PPE) engine that allows lenders to make pricing-related adjustments across all of their channels in real-time. The pricing engine powers the company's other automated mortgage solutions to create a tightly integrated digital lending platform that also includes: a marketplace connecting brokers to up-to-date pricing of hundreds of wholesale lenders, a digital point of sale that simplifies the origination process, and a first-of-its-kind underwriting and pricing engine for non-agency mortgages (FLEX).

Currently, Lender Price supports 150+ lenders, thousands of brokers, and 50,000+ loan products. While it serves customers of all sizes, it works with some of the country's largest lenders including Mr. Cooper, Flagstar Bank, American Financial Resources (AFR), PennyMac, Rocket Mortgage, Freedom Mortgage, several non-agency lenders, and two of the top ten commercial bank mortgage lenders.

"This investment will enhance our ability to offer industry-leading technology and services that meet the growing needs of originators and lenders," said Dawar Alimi, Co-Founder and CEO of Lender Price. "Given Argentum's track record of successfully scaling B2B SaaS companies, fintech experience and extensive industry network, we could not be more excited to partner with them to pursue the large opportunity ahead of us."

Lender Price experienced rapid growth in 2021 and recently reported that it processes over $20 BN in locked loan volume through its platform every month.

"Lender Price's software is critical in helping lenders rapidly execute profitable lending strategies with ease. With a highly advanced technology platform and experience supporting a diverse customer base that includes some of the industry's largest and most sophisticated mortgage lenders, the company is helping the mortgage industry modernize its workflows and process burgeoning loan volumes," said Daniel Raynor, Managing Partner at Argentum.

"From lead to loan lock and beyond, Lender Price's products provide value at each step of the mortgage process. We look forward to supporting Dawar and his team as they continue to scale the company and establish themselves as a leader in origination, pricing, and underwriting technology," added Sohum Doshi, Vice President at Argentum, who will join Lender Price's Board of Directors in connection with the investment.

About Lender Price

Lender Price is a California-based developer of mortgage technology, including an advanced product, pricing, & eligibility (PPE) engine, digital lending point-of-sale (POS), and non-agency automated underwriting engine. Lender Price provides all types of mortgage lending institutions - wholesale and correspondent lenders, banks, credit unions, and mortgage brokers - with advanced technology designed to eliminate friction, increase transparency, and effectively engage with borrowers. More information about Lender Price can be found at: https://lenderprice.com

About Argentum

Argentum is a New York-based growth equity firm that helps scale bootstrapped B2B software, technology-enabled and business services companies. The firm invests in companies that are seeking capital to accelerate growth, fund acquisitions and / or generate shareholder liquidity. Over its 30-year history, Argentum has invested in over 90 companies and supported more than 200 add-on acquisitions. To learn more, visit: https://argentumgroup.com/

Related link: https://lenderprice.com/

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