Awards and Honors, Business, Education and Schools, Free News Articles, Safety and Security Solutions, Software

Edupoint Synergy Education Platform Named A ‘Top Ed Tech Products of the Year’ Winner by District Administration

MESA, Ariz. -- Edupoint® Educational Systems, creator of the industry-leading Synergy® Education Platform for student information and learning management, has been selected as a 2020 Top Ed Tech Products of the Year winner by District Administration magazine.

Synergy Education Platform unites multiple K-12 data management solutions in one seamless ecosystem, creating systemwide data connections that help improve administrative processes and learning outcomes without third-party system integrations. Synergy streamlines the management of student information, remote and on-site learning, assessment, MTSS, special education, and analytics to help districts personalize learning, advance equity, and promote student achievement.

Synergy helps educators respond to the real-time needs of students, classes, schools, and districts and communicate with everyone who has a stake in each student's education. The 360° Student Profile pulls together data from multiple Synergy modules to provide a wraparound view of every student, including attendance, behavior, grades, MTSS detail, progress toward graduation, and more. Multiple tools help educators pinpoint student learning needs, including a customizable Early Warning System, performance analytics, reports, and alerts.

Teachers can give students immediate feedback on assignments and assessments, assign them to academic and behavioral interventions including Check-In/Check-Out (CICO), assign accommodations, and distribute classroom behavior points. Flex scheduling can be used to create review sessions and office hours that students can attend voluntarily or by teacher assignment.

Synergy offers rich COVID-support features, such as video conference integration, online course delivery, a daily health survey, contact tracing, instructional setting designation (remote/hybrid/in-person), student check-in, time tracking, contactless registration, and more.

"It is an honor to have Synergy Education Platform selected as a Top Ed Tech Products of the Year winner," said Bob Weathers, Founder and CEO of Edupoint. "This recognition highlights Edupoint's ongoing commitment to providing our partner districts with a learning and student data management platform that is not only powerful, but can quickly and easily adapt to changing circumstances to meet district needs."

Synergy will be showcased with other winning solutions at the virtual Future of Education Technology® Conference (FETC), January 26-29.

About Edupoint

For over 35 years, the leadership of Edupoint Educational Systems has provided well-designed, technologically advanced student data management systems that empower K-12 stakeholders to improve student achievement. Synergy Education Platform by Edupoint is an industry-leading student data management ecosystem built to fit the way educators already work, with seamlessly integrated student information management, learning management, MTSS, assessment, special education management, and analytics.

Synergy is unique among K-12 student data management solutions in providing an array of role-based mobile apps designed to give all stakeholders access to the tools they need when and where they need them. Thousands of schools choose Synergy to support 5 million students in 22 states.

Learn more at: https://www.edupoint.com/.

Link to District Administration site for Edupoint award: https://districtadministration.com/top-product-synergy-education-platform-by-edupoint/

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

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Business, Free News Articles, Software

UniversalCIS Announces Acquisition of SharperLending

PHILADELPHIA, Pa. -- UniversalCIS, a market leader in technology and solutions to the mortgage industry, is pleased to announce the acquisition of mortgage technology provider SharperLending. The SharperLending transaction, which follows the merger of Universal Credit, CIS Credit Solutions, and Avantus, provides further enhancements to the technology platform for UniversalCIS.

SharperLending provides a product extension into software solutions for the residential and commercial appraisal markets through Appraisal Firewall and related products, optimized settlement and bundled services solutions, as well as direct income verification and mortgage credit reporting technology.

SharperLending will operate as an independent business unit as a wholly owned subsidiary of UniversalCIS. The strategic financial technology initiatives between the combined companies will provide deeper systems integrations, faster loan origination and processing, better leverage to loan operating systems, strong technology partnerships with the GSEs, and other technical integrations to banks, credit unions, mortgage companies, and channel partners.

Perry Steiner, Chairman of UniversalCIS, stated, "The acquisition of SharperLending is a critical building block for the UniversalCIS technology platform, and it represents our entry into the real estate appraisal software market. This partnership will provide enhanced workflow tools for our clients, and provide greater value and a deeper level of integration in the mortgage origination process. Our primary focus will be to accelerate the level of technology investment in SharperLending's software products."

David Chiappe, President of SharperLending, stated, "This transaction represents a unique opportunity to combine our software platforms with a technology and solutions leader in the mortgage industry. As an independent subsidiary of UniversalCIS, SharperLending will be able to offer a greater level of resources and investment to all of our clients."

Dave Black, founder of SharperLending continued, "As a private company for over 30 years, we were very careful and deliberate in choosing our partner for our future growth, and we anticipate great things together with UniversalCIS."

Jerry Haftmann, CEO of UniversalCIS stated, "We welcome all SharperLending customers and employees to our business. This partnership represents a natural extension to provide residential and commercial appraisal software, and SharperLending will continue to independently support its mortgage credit industry clients. We plan to integrate and leverage the SharperLending technology in all aspects of our business as we continually strive to increase efficiency in the mortgage origination process."

About UniversalCIS

UniversalCIS is a market leader in mortgage technology, credit reporting, and related products and solutions for mortgage originators. UniversalCIS has over 4,000 clients ranging from the largest bank and non-bank mortgage originators to credit unions and mortgage brokers. UniversalCIS prides itself on the best technology, solutions, and service in the industry. UniversalCIS was created through the merger of Universal Credit Services, CIS Credit Solutions, and Avantus.

For more information, please visit: http://universalcis.com/

About SharperLending Solutions

SharperLending is a leading technology provider to the mortgage industry. SharperLending provides financial technology software solutions to channel partners and lending institutions to increase efficiency, mitigate risk, and offer affordability. The company's proven technology has processed more than two billion secure mortgage transactions. The company has three major platforms under its corporate umbrella: Appraisal Firewall appraisal platform, the XpertOnline credit platform and the EPN loan origination and settlement service platform.

For more information, please visit: http://sharperlending.com/

Related link: https://universalcredit.com/

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Business, Free News Articles, Software

ACES Quality Management Charitable Giving Program Makes Impact For Third Consecutive Year

DENVER, Colo. -- ACES Quality Management™ (ACES), the leading provider of enterprise quality management and control software for the financial services industry, today announced the latest results of its ACES CARES philanthropic campaign and matching gift program. The campaign raised funds for 11 contributors and includes donation matching per employee with an additional amount donated to the top three charities of the overall team's choosing.

"The past year has upended the lives of so many people. Our core values included being exceptional, passionate and leading; and this year it's more important than ever to do as much good as possible," said ACES CEO Trevor Gauthier. "With many still grappling with the effects of the pandemic and an increasingly challenging year, ACES remains focused on expanding the ways we serve not only the financial industry, but also the community at-large through positive change."

Established in 2018, ACES CARES encourages employees to make a positive difference in the community through volunteering, outreach and financial contributions to charities and causes close to their hearts. Since the program's inception, ACES Quality Management and its staff have donated a total of $22,747 to 73 organizations through ACES Cares, with this year's causes including hunger relief, equality, homeless assistance and animal welfare to name a few. Offering a dollar-for dollar match of employee donations to U.S.-registered 501(c)(3) charitable organizations of their choice, the program also supports employees' wellness and community involvement programs.

To learn more about ACES CARES and see how ACES team members are impacting their communities with positive change, visit https://www.acesquality.com/about/careers/aces-cares

About ACES Quality Management

ACES Quality Management, formerly known as ACES Risk Management (ARMCO), is the leading provider of enterprise quality management and control software for the financial services industry. The nation's most prominent lenders, servicers and financial institutions rely on ACES Quality Management & Control Software™ to improve audit throughput and quality while controlling costs, including:

* 3 of the top 5 and more than 50% of the top 50 independent mortgage lenders;

* 7 of the top 10 loan servicers;

* 11 of the top 30 banks; and

* 1 of the top 3 credit unions in the USA.

Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ACES clients get responsive support and access to our experts to maximize their investment. For more information, visit www.acesquality.com or call 1-800-858-1598.

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

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Alliances and Partnerships, Business, Free News Articles, Software, Sports and Activities

Stack Sports and Georgia Soccer Look to Long-Term Growth With 5 Year Partnership Extension

ATLANTA, Ga. -- Stack Sports, the largest and fastest-growing provider of sports technology, continues its momentum in Soccer with a 5-year partnership extension with long-term partner Georgia Soccer.

Through its U.S. Soccer Connect platform, an exclusive version of the Sports Connect platform developed in conjunction with U.S. Soccer, Stack Sports will continue to deliver best-in-class technology and service to Georgia Soccer. The U.S. Soccer Connect platform will provide the operating system and integrated solutions for the state association, its member clubs and leagues, and the parents, players, coaches and teams participating in Georgia Soccer's soccer community.

"For the past 15 years we have supported nearly every level of soccer within the state of Georgia. We have consistently collaborated with the state office on ways to make soccer management easy, seamless, and most of all, safe! On a personal level, I grew up a Georgia Soccer player and am the person I am today because of the lessons learned on those same fields, and the same is true for many of our team members. We couldn't be happier to extend our long-term partnership with Georgia Soccer and continue to deliver best-in-class technology solutions for the GSSA membership," said Tom Arnett, General Manager of U.S. Soccer Connect.

"We are excited to continue our partnership with U.S. Soccer Connect and Stack Sports. We at Georgia Soccer are continuously seeking technologies and solutions to make the administration and organization of soccer as smooth as possible for our member clubs & leagues while adding valuable products that enhance their experience. With Stack Sports products and future developments, we are delighted to continue the partnership," said Laura Halfpenny, Executive Director of Georgia Soccer.

Members of Georgia Soccer will be able to take advantage of U.S. Soccer Connect's athlete safety features, mobile-first player registration, digital marketing hub, comprehensive financial reporting, automated coach compliance, and direct integration with the U.S. Soccer Federation. This connected ecosystem will save staff and volunteers thousands of administrative hours annually and will continue to improve the connectedness of the game globally.

About Georgia Soccer

Georgia Soccer is the authorized state youth and adult association for Georgia within the United States Adult Soccer Association, United States Youth Soccer Association, and through them is part of the United States Soccer Federation (USSF). Also, Georgia Soccer serves as the official National State Association of USSF making it responsible to act on behalf of USSF and provide licensing courses for coaches and certification courses for referees.

About Stack Sports

With nearly 50 million users in 35 countries, Stack Sports is a global technology leader in SaaS platform offerings for the sports industry. The company provides world-class software and services to support national governing bodies, youth sports associations, leagues, clubs, parents, coaches, and athletes. Some of the largest and most prominent sports organizations, including the U.S. Soccer Federation, Little League Baseball and Softball, and Pop Warner Little Scholars, rely on Stack Sports technology to run and manage their organizations. Stack Sports is headquartered in Dallas and is leading the industry one team at a time focusing on three key pillars -- Play, Improve, and Engage. To learn more about how Stack Sports is transforming the sports experience, please visit http://www.stacksports.com/.

VIDEO (YouTube): https://youtu.be/TsMUNbqkh5Q

Related link: https://stacksports.com/

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Awards and Honors, Business, Education and Schools, Free News Articles, Software

Edupoint Honors Inaugural Synergy Achievement Award Recipients in Online Event

MESA, Ariz. -- Edupoint® Educational Systems, creator of the industry-leading Synergy® Education Platform for student information and learning management, awarded technology grants to six client districts as part of the inaugural Synergy Achievement Awards in November. The recipients were selected based on the impact of their nominated initiatives and announced at the company's Virtual Week event in November.

The awards program attracted nominations from Edupoint partner districts of all sizes across the country. Districts were invited to submit any number of nominations in three categories: Process Improvement, Student Outcomes, and Communication & Collaboration.

District nominations spanned a wide range of achievements, with several related to pandemic response. One rural district was able to quickly transition to asynchronous distance learning for alternative education students in order to prevent an anticipated 80% loss of enrollment during a stay-at-home order. Another district created a flexible IEP for students in remote or hybrid learning environments.

"Our partner districts are out there doing great things every day, and this year's Synergy Achievement Awards have given us a bigger window into their successes," said Rob Wilson, President and Chief Innovation Officer at Edupoint. "It's been inspiring to see districts skillfully leveraging Synergy tools to adapt to the unusual and challenging conditions we have all been facing this year. We are thrilled to be continuing the awards program on an annual basis."

The districts selected to receive technology grants were Kingman Unified School District #20 (AZ), Empower College Prep (AZ), Charles County Public Schools (MD), Matanuska-Susitna Borough School District (AK), Clark-Pleasant Community Schools Corporation (IN), and Chesapeake Public Schools (VA). The grants ranged from $2,500 to $5,000.

Learn more about the Synergy Achievement Awards at: https://www.edupoint.com/Company/Synergy-Achievement-Awards

About Edupoint

For over 35 years, the leadership of Edupoint Educational Systems has provided well-designed, technologically advanced student data management systems that empower K-12 stakeholders to improve student achievement. Synergy Education Platform by Edupoint is an industry-leading student data management ecosystem built to fit the way educators already work, with seamlessly integrated student information management, learning management, MTSS, assessment, special education management, and analytics.

Synergy is unique among K-12 student data management solutions in providing an array of role-based mobile apps designed to give all stakeholders access to the tools they need when and where they need them. Thousands of schools choose Synergy to support 5 million students in 22 states.

Learn more at: https://www.edupoint.com/.

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Advertising and Marketing, Business, Free News Articles, Software

Top of Mind’s Surefire Rounds Out 2020 as the Most Decorated Mortgage CRM and Marketing Automation Platform

ATLANTA, Ga. -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, anticipates continued growth and innovation in 2021 after a banner year of accolades and the launch of new product enhancements and technology partnerships.

"Top of Mind has succeeded in the current market by meeting lenders' demand for an easy-to-implement marketing automation platform equipped with the content and workflows they need to begin increasing volume on day-one," said Top of Mind EVP of Sales Nick Belenky. "Between our expansive library of creative content and push-button 'Blueprints for Success' automated workflows, Surefire is unparalleled in its ability to help lenders to execute comprehensive, multi-channel marketing campaigns that win new business, delight borrowers and retain clients for life."

In 2020, Top of Mind's flagship CRM and marketing automation platform Surefire garnered 21 prestigious national and global marketing awards for its engaging creative content. In March, Top of Mind took home four platinum and 4 gold awards at the 26th annual AVA Digital Awards competition, and in May the company earned eight awards for outstanding corporate marketing at the international Hermes Creative awards. In June, Top of Mind was recognized alongside the world's top creators of video content, collecting four trophies at the Telly awards competition. And in August, Surefire was recognized as Product of the Year by the Business Intelligence Group's Sales and Marketing Technology Awards program.

Last year, Surefire advanced significantly with the addition of features that help lenders easily execute highly-effective "set it and forget it" multi-channel marketing campaigns. In April, Surefire introduced Power Messaging, a feature that enables Surefire users to deliver high-touch text communication to consumers at scale, and Partner Network, a Real Estate Settlement Procedures Act (RESPA) solution that makes it easy for lenders and referral partners to co-brand marketing collateral with control and confidence. The following month, the company enhanced its five-year "Client for Life" workflow with Power Calls and Power Messaging to help lenders retain their surge of 2020 refi customers.

Additionally, the company expanded its ability to seamlessly plug into the mortgage technology ecosystem by technology partner integrations with such companies as SimpleNexus, MobilityRE, Floify and CardTapp.

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks ( https://www.topofmind.com ) started as a bootstrapped direct-mail marketing company. Today, the company is recognized as the mortgage industry's most-relied-upon provider of marketing automation and creative content solutions. From individuals to enterprise lenders, Top of Mind's SurefireCRM helps thousands of mortgage professionals win new business, earn repeat business and deserve referral business. With intuitive, "set it and forget it" workflows and award-winning content, mortgage professionals are able to effortlessly maintain and deepen their emotional connections with clients.

@mortgagecrm #mortgagemarketing

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

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Alliances and Partnerships, Business, Free News Articles, Software, Sports and Activities

Stack Sports and PA West Chart Long-Term Future With 5 Year Partnership

PLANO, Texas -- Stack Sports, the largest and fastest-growing provider of sports technology, today announced a five-year extension of its strategic partnership with PA West Soccer, the governing body for US Youth Soccer in Western Pennsylvania.

Currently powering over 20,000 clubs as well as 50 National Governing Bodies and State Associations, Stack Sports will continue to deliver best-in-class technology and service to PA West through its U.S. Soccer Connect platform, an exclusive version of Stack's Sports Connect platform developed in conjunction with U.S. Soccer.

The US Soccer Connect platform will provide the operating system and integrated solutions for the state association, its member clubs and leagues, and the parents, players, coaches and teams participating in PA West's soccer community.

"In a time with so much change and uncertainty, we know we can count on Stack Sports to be there. This long-term partnership will support our goals to continue to grow the game of soccer through innovative thinking and great programing. We are looking forward to a bright future for Soccer in Western Pennsylvania," said Tim McCoy, Executive Director of PA West.

"We are both motivated and humbled about the opportunity to continue innovating and delivering unique experiences for years to come with PA West and its soccer community. Developing deep strategic partnerships is fundamental to everything we do, and our relationship with PA West is a perfect example of that," said Tom Arnett, General Manager of Sports Connect.

Members of PA West will be able to take advantage of U.S. Soccer Connect's athlete safety features, mobile-first player registration, digital marketing hub, comprehensive financial reporting, automated coach compliance, and direct integration with the U.S. Soccer Federation. This connected ecosystem will save staff and volunteers thousands of administrative hours annually and will continue to improve the connectedness of the game globally.

About PA West Soccer

Pennsylvania West State Soccer Association (PA West Soccer) is the National State Association of the United States Soccer Federation (USSF), the United State Youth Soccer Association (USYS), and the United States Adult Soccer Association (USASA). PA West State Soccer Association has a current membership of over 130 youth clubs and eight adult leagues with 40,000 youth players, 2,500 amateur adult players, 7,000 active coaches, 1,600 referees and thousands of volunteers involved across the western half of the state of Pennsylvania.

About Stack Sports

With nearly 50 million users in 35 countries, Stack Sports is a global technology leader in SaaS platform offerings for the sports industry. The company provides world-class software and services to support national governing bodies, youth sports associations, leagues, clubs, parents, coaches, and athletes. Some of the largest and most prominent sports organizations, including the U.S. Soccer Federation, Little League Baseball and Softball, and Pop Warner Little Scholars, rely on Stack Sports technology to run and manage their organizations. Stack Sports is headquartered in Dallas and is leading the industry one team at a time focusing on three key pillars -- Play, Improve, and Engage.

To learn more about how Stack Sports is transforming the sports experience, please visit https://stacksports.com/.

VIDEO (YouTube): https://youtu.be/TsMUNbqkh5Q

Related link: https://stacksports.com/

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Business, Free News Articles, Software, Taxes and Accounting

EnergyCAP’s Energy Information Management System Earns FedRAMP Authorization

STATE COLLEGE, Pa. -- EnergyCAP, Inc. (ECI) is pleased to announce that its EnergyCAP® energy management information solution (EMIS) has been granted an Authorization to Operate (ATO) under the U.S. Government's FedRAMP program and is now an authorized participant in the FedRAMP Marketplace. The U.S. Department of State granted the ATO and is now the first EnergyCAP client in the FedRAMP environment.

The certification confirms that ECI's robust software platform and data hosting service meet the rigorous security requirements outlined by the Federal Information Security Management Act (FISMA). FedRAMP provides a uniform approach to risk-based security management and improves the trustworthiness, reliability, consistency, and quality of the federal security authorization process.

EnergyCAP is now the obvious choice for federal agencies in need of cloud-based utility bill tracking, management of submeter-based chargebacks for tenants and reimbursable activities, energy and sustainability reporting, goal tracking, and measurement and verification of savings (M&V).

ECI established a GSA contract (Contract #: GS35F231CA) in 2015 to streamline the EnergyCAP purchasing process for federal and other publicly funded organizations. By purchasing under ECI's GSA contract, organizations can bypass the costly and time-consuming public procurement process and are guaranteed to receive the lowest price available. The addition of FedRAMP-certified data hosting completes ECI's offering and reinforces EnergyCAP as the go-to energy management solution for federal agencies.

"We've served Federal agencies, including several military bases, with utility bill management and energy reporting software for decades. Obtaining an official Authorization to Operate in a cloud environment has been an important objective in serving more agencies and installations, and in satisfying important sustainability, energy reduction and expense accounting goals," according to Steve Heinz, ECI Founder & CEO.

Until now, many federal agencies have been required to host their EnergyCAP database on premises. By shifting the hosting responsibility to ECI, organizations reduce demands on their staff to maintain their EnergyCAP database(s), including software installation, setup, and maintenance. In addition to lower labor costs, agencies that license EnergyCAP no longer need to dedicate much-needed computer hardware and IT resources to host EnergyCAP on premises. The EnergyCAP implementation process is now much easier and faster, and customers can be confident that their data resides in a federally approved, secure hosting environment.

With the addition of the FedRAMP-certified hosting, ECI now offers three hosting service levels in addition to its Standard service: Advanced, Optimum, and FedRAMP. EnergyCAP customers that may want expanded services-multiple databases, automated process support, multi-factor authentication, event logging, and more-are encouraged to visit the company's Hosting Services page to learn about available options.

Learn more: https://www.energycap.com/pricing/database-hosting-services

About EnergyCAP:

EnergyCAP, Inc. has helped more than 10,000 energy managers in government, education, and commercial organizations derive value from their utility bills and energy data. Clients use our comprehensive EnergyCAP software-based solution to streamline utility bill processing and auditing, track energy and greenhouse gas data, process campus chargebacks, target reduction goals, benchmark facilities, submit to ENERGY STAR, measure and verify energy & cost savings, create budgets and forecasts, and much more.

Learn more at: https://www.energycap.com/

MEDIA CONTACT INFORMATION
For more information contact:
Blaine Clapper
Chief Marketing Officer
EnergyCAP, Inc.
Phone: 877.327.3702 x38
Email: blaine.clapper@energycap.com

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Business, Construction and Building, Free News Articles, Funding and Investment, HVAC Heating and Cooling, Software

Awair Announces Strategic Investment from Emerson, Addition of Dustin DeVan, Founder of BuildingConnected, as new Board Member

SAN FRANCISCO, Calif. -- Awair, the San Francisco-based startup that makes Indoor Air Quality monitoring and software solutions for home and commercial spaces, has received a major strategic investment from Emerson (NYSE: EMR). Emerson is a leader in the heating, ventilation and air conditioning (HVAC) controls industry, as well as the creator of the highly-rated smart thermostat, Emerson Sensi.

Awair has also added a key Advisor and Board Member: Dustin DeVan. Dustin founded BuildingConnected which raised $52.7M in venture capital from top tier VCs and was acquired for $275 Million by Autodesk in 2018.

When founded, BuildingConnected set out to create a network to connect every business and professional in commercial construction. Their user base has now reached over two million professionals doing over $40 Billion in construction procurement activities every month.

In combining his previous expertise with Awair, Dustin states, "Having worked in the built space environment for the last 15 years, I know that IoT helps improve the quality of our lives. With wildfires, global warming, and COVID-19, it's never been more important to monitor the air we breathe. I think Awair's platform is truly differentiated, allowing users to completely monitor their home, work, and life air quality through our network of devices."

Since its founding in 2013, Awair's mission has been to increase awareness about the importance of indoor air quality (IAQ) and empower people worldwide to understand and improve IAQ via commercial and residential solutions. The company provides cutting edge technology that is easy to use, as well as an intuitive software platform with actionable data. With its continued growth, Awair will enable even more users to mitigate their indoor air for health and safety, be it at home, school, the workplace, or any other indoor space.

Learn more about Awair at https://www.getawair.com/.

About Awair

Awair is a leader in the indoor air quality monitoring space and designs smart and intuitive monitoring solutions for homes, offices, retail spaces and beyond. Their mission is twofold: to draw attention to the health impacts of poor indoor air quality and to empower users with the insight and tools they need to take control of the air they breathe. Using the Awair smartphone app and the Awair Omni Dashboard, users can view air quality data in real-time, identify indoor pollution sources, troubleshoot different solutions and browse personalized tips to improve the health of their space.

In an effort to make managing indoor air quality even more effortless, Awair offers a variety of smart home integrations. The company is headquartered in San Francisco, California and has a second office in Seoul, South Korea. To learn more about the impact of poor indoor air quality and browse Awair's solutions, visit getawair.com.

Follow on social at: Twitter: @getawair and Instagram: @getawair

About Emerson

Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial and residential markets. Their Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Their Commercial & Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency and create sustainable infrastructure. For more information visit https://www.emerson.com/.

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Business, Free News Articles, Funding and Investment, Software

SimpleNexus Secures $108M in Series B Funding to Transform the Homeownership Journey into a Seamlessly Connected Experience

LEHI, Utah -- SimpleNexus (https://simplenexus.com/), developer of the leading homeownership platform connecting loan officers, borrowers, real estate agents and settlement agents, has received a follow-on investment of $108 million in Series B funding led by global venture-capital and private-equity firm Insight Partners.

Founded in 2011, SimpleNexus is one of the fastest-growing technology companies in North America. Company President Cathleen Schreiner Gates credits 2020's four consecutive quarters of record-setting revenue growth to rapid, enthusiastic adoption of SimpleNexus' solutions by banks, credit unions and independent mortgage lenders across the United States. The capital infusion from Insight Partners will help SimpleNexus maintain this growth trajectory as it continues to transform the mortgage industry by seamlessly connecting the homeownership journey.

"SimpleNexus is systematically tearing down the technology barriers that gave the mortgage process a reputation for being disjointed, arduous and slow," said Schreiner Gates. "First, we created a best-in-class mobile toolset that delivers hundreds of thousands of lender referrals each year by bringing together consumers, real estate agents and loan officers from the point of thought. Then we perfected the loan application with features like our mobile mortgage disclosures, which empowers borrowers to finish in hours a task that normally takes days. With the support of Insight Partners, we will build on the momentum we received from bringing to market the best eClosing experience lenders and consumers have ever seen. Our vision is to hone the entire home buying journey from the borrower's first contact with a Realtor to the closing table and beyond."

The $108 million capital raise follows Insight Partners' initial investment of $20 million in SimpleNexus and underscores the firm's continued confidence in the Utah-based tech firm. Insight Partners has invested in more than 400 investments and has supported more than 50 software ScaleUps in the real estate and fintech verticals alone.

"SimpleNexus' innovative solutions continue to change the mortgage industry in exciting ways," said Jeff Lieberman, Managing Director at Insight Partners. "CEO Matt Hansen and the SimpleNexus team are executing at a remarkable pace on their long-term vision of streamlining the path to homeownership. The SimpleNexus platform continues to strengthen, addressing key industry pain points while preserving lender flexibility, efficiency and simplicity. We are thrilled to support the company's continued growth and excited by the partnerships they are creating to deliver a seamless homeownership journey."

SimpleNexus announced one such strategic partnership in November, a collaboration with Progressive® (NYSE: PGR) that makes it easy for borrowers to secure a home insurance policy in the same app they use to complete other loan-related tasks.

SimpleNexus' award-winning homeownership platform plays a role in 13% of all home loans originated in the U.S. SimpleNexus serves a user base of more than 29,000 loan originators and 123,000 real estate agents and more than 3 million borrowers. To date, the platform has handled over 13 million loans totaling over $3 trillion in volume.

About SimpleNexus, LLC:

SimpleNexus is a homeownership platform transforming the mortgage experience and connecting borrowers, loan officers, real estate agents and settlement service providers throughout the homebuying process. The platforms' native mobile toolset enables lenders to originate, process and close home loans from anywhere with increased efficiency and convenience. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals, sign disclosures and execute eClosings - all on the go. SimpleNexus provides borrowers with a single sign-on experience from home search to the application, document upload, eClose and beyond for a more streamlined homeownership journey. Learn more at: https://www.simplenexus.com/.

About Insight Partners

Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has invested in more than 400 companies worldwide and has raised through a series of funds more than $30 billion in capital commitments. Insight's mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Across its people and its portfolio, Insight encourages a culture around a belief that ScaleUp companies and growth create opportunity for all. For more information on Insight and all its investments, visit https://www.insightpartners.com/ or follow us on Twitter @insightpartners.

Twitter: @SimpleNexus @insightpartners #digitalmortgage #mortgagetechnology #investmentnews

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