Pioneer Fund

PeerDB Raises $3.6 Million Seed Round Funding to Revolutionize Data Movement for PostgreSQL

Retrieved on: 
Thursday, April 11, 2024

PeerDB , the leading data movement platform for PostgreSQL, today announced it received $3.6 million in seed round funding.

Key Points: 
  • PeerDB , the leading data movement platform for PostgreSQL, today announced it received $3.6 million in seed round funding.
  • “At PeerDB, we're tackling inefficiencies surrounding Postgres data movement.
  • As we brace for the influx of data driven by the era of LLMs, we're committed to ensuring Postgres data movement remains efficient and scalable,” said PeerDB CTO and co-founder Kaushik Iska .
  • Below are a few product differentiators of PeerDB:
    Faster Postgres data movement: PeerDB implements parallel snapshotting , the fastest way for moving Postgres data.

JUSTPAID, AI-POWERED FINANCE STARTUP, ANNOUNCES NEW API FOR BUSINESS PAYMENTS

Retrieved on: 
Tuesday, April 9, 2024

The API provides a simple and secure way to save customer details, bank account information, and process both one-time and recurring payments.

Key Points: 
  • The API provides a simple and secure way to save customer details, bank account information, and process both one-time and recurring payments.
  • Merchants can focus on their business while we handle the complexities of payment processing in the background.
  • "Our API allows developers to integrate payments directly into their applications, giving businesses a fast and seamless way to pay contractors, vendors and more.
  • You can access the JustPaid Financial co-pilot here and the payments API here .

JUSTPAID, AI-POWERED FINANCE STARTUP, LAUNCHES NEW REPORTING FEATURES

Retrieved on: 
Tuesday, March 19, 2024

What it is: This report breaks down your receivables based on how long they've been outstanding.

Key Points: 
  • What it is: This report breaks down your receivables based on how long they've been outstanding.
  • Application: Ideal for reconciling your accounts and getting a clear picture of your revenue streams.
  • Application: This report is essential for compliance and accurate financial reporting.
  • You can access the JustPaid Financial Co-pilot directly through the JustPaid platform at this link here .

JUSTPAID, AI-POWERED FINANCE STARTUP, LAUNCHES SALESFORCE INTEGRATION

Retrieved on: 
Tuesday, February 27, 2024

MOUNTAIN VIEW, Calif., Feb. 27, 2024 /PRNewswire/ -- JustPaid , the AI-powered FinTech company that specializes in helping businesses manage their finances - has just launched a Salesforce connector within the platform.

Key Points: 
  • MOUNTAIN VIEW, Calif., Feb. 27, 2024 /PRNewswire/ -- JustPaid , the AI-powered FinTech company that specializes in helping businesses manage their finances - has just launched a Salesforce connector within the platform.
  • Salesforce, the software used to manage customer relationships, now has the ability to have sales contracts synced to the JustPaid platform, utilizing the proprietary JustPaid AI technology to review sales contracts, generate invoices, and bill customers.
  • Companies with sales teams, account management teams, and finance teams that use Salesforce will be able to:
    A)  Manage their prospects and customers' processes to sign and renew their contracts.
  • JustPaid creates actionable CRM invoices in real-time with Salesforce, empowering customer contract billing."

T. ROWE PRICE CAPITAL APPRECIATION FUND TIES RECORD FOR LONG-TERM PERFORMANCE

Retrieved on: 
Monday, January 8, 2024

BALTIMORE, Jan. 8, 2024 /PRNewswire/ -- T. Rowe Price (NASDAQ-GS: TROW), a global investment management firm, announced today that the T. Rowe Price Capital Appreciation Fund (Ticker: PRWCX)  managed by David Giroux, CFA®, finished 2023 as having beaten its Morningstar peer group average for 16 consecutive years, tying the record for the most consecutive calendar years a U.S. equity or multi-asset fund has done so under the same portfolio manager. Based on T. Rowe Price's analysis, the only other fund to accomplish this was the Pioneer Fund, managed by the late Philip Carret, who established the record between 1938-1953.1

Key Points: 
  • The T. Rowe Price Capital Appreciation Fund, which has been closed to new investors since June 30, 2014, began operation in 1986 and seeks long-term capital appreciation by investing primarily in a blended portfolio of common and preferred stocks as well as fixed income and other securities to help preserve principal value.
  • The T. Rowe Price Capital Appreciation Fund is one of three vehicles within the Capital Appreciation suite.
  • Giroux also manages the T. Rowe Price Capital Appreciation Equity ETF (Ticker: TCAF), which launched in June 2023, and he co-manages the T. Rowe Price Capital Appreciation and Income Fund (Ticker: PRCFX), which launched in November 2023.
  • "With no other portfolio manager achieving this record in 70 years, David's Capital Appreciation Fund performance is truly remarkable.

JUSTPAID, AI-POWERED FINANCE STARTUP, TO LAUNCH GAME-CHANGING GPT APP IN OPENAI'S GPT STORE

Retrieved on: 
Wednesday, December 6, 2023

The JustPaid AI GPT App brings together financial information from different sources into one place.

Key Points: 
  • The JustPaid AI GPT App brings together financial information from different sources into one place.
  • The GPT App can also determine your company's KPIs, how much money you have for future plans, your earnings, churn, etc.
  • This is the equivalent of having an iPhone app launching the day the iPhone App Store launched," says Daniel Kivatinos, Co-Founder of JustPaid.
  • For more on JustPaid and the Finance GPT App, visit: JustPaid.io , and follow along on YouTube .

Ozone Secures $7.1 Million in Funding to Transform Video Editing Workflows

Retrieved on: 
Wednesday, November 8, 2023

SAN FRANCISCO, Nov. 8, 2023 /PRNewswire/ -- Ozone , an AI-driven pioneer in the next generation of video editing technology, today announced that it raised $7.1 million in funding and has publicly launched its cloud-based video editing platform.

Key Points: 
  • SAN FRANCISCO, Nov. 8, 2023 /PRNewswire/ -- Ozone , an AI-driven pioneer in the next generation of video editing technology, today announced that it raised $7.1 million in funding and has publicly launched its cloud-based video editing platform.
  • This funding round propels Ozone into the next phase of its journey, empowering content creators with innovative AI-powered video editing tools and collaborative capabilities.
  • While video content creation has seen a meteoric rise over the past decade, video editing workflows have largely revolved around navigating complex user interfaces, stitching together disparate tools, and dealing with painfully slow download and upload times.
  • By focusing on simplifying video editing workflows, Ozone offers a platform to give creators the means to work more efficiently and creatively.

WEFUNDER MARKETPLACE UTILIZES JUSTPAID, AI-POWERED FINANCE TOOL, FOR ACCOUNTS PAYABLE

Retrieved on: 
Wednesday, November 1, 2023

NEW YORK, Nov. 1, 2023 /PRNewswire/ -- WeFunder , the marketplace that connects hundreds of investors with innovative start-ups, has been utilizing JustPaid , the AI-Powered Finance Company, for their bill pay through their AI-powered accounts payable software over the past several months.

Key Points: 
  • NEW YORK, Nov. 1, 2023 /PRNewswire/ -- WeFunder , the marketplace that connects hundreds of investors with innovative start-ups, has been utilizing JustPaid , the AI-Powered Finance Company, for their bill pay through their AI-powered accounts payable software over the past several months.
  • WeFunder offers everyone from first-time to seasoned investors an ease of access to early-stage startups, bringing private equity to the public since 2016.
  • Sophie Wang, CFO at WeFunder, was thrilled to utilize the accounts payable side for their workflows.
  • "WeFunder has been an incredible partner to us, and we've been so thrilled to hear such positive feedback on JustPaid's accounts payable functionality," says JustPaid co-founder Vinay Pinnaka.

Carver Bancorp, Inc. Names Craig C. MacKay Interim CEO

Retrieved on: 
Monday, August 14, 2023

NEW YORK, Aug. 14, 2023 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV) ("Carver"), the holding company for Carver Federal Savings Bank (the "Bank") announced today that its board of directors unanimously appointed Craig C. MacKay as interim President & CEO, effective October 1, 2023.

Key Points: 
  • NEW YORK, Aug. 14, 2023 /PRNewswire/ -- Carver Bancorp, Inc. (Nasdaq: CARV) ("Carver"), the holding company for Carver Federal Savings Bank (the "Bank") announced today that its board of directors unanimously appointed Craig C. MacKay as interim President & CEO, effective October 1, 2023.
  • Carver previously announced that its current President & CEO, Michael T. Pugh, will depart on September 30, 2023, to become the CEO of the Local Initiatives Support Coalition ("LISC"), a national nonprofit organization.
  • Combined with his Carver board service, he is well suited to lead the company as interim President & CEO.
  • Craig C. MacKay stated, "I'm honored to be named interim President & CEO of this historic institution, which has served the banking needs of traditionally underserved communities throughout Greater New York City for 75 years.

Persist AI Raises $4M in Seed Financing, Rapidly Accelerates Drug Formulation

Retrieved on: 
Friday, August 4, 2023

Enter Persist, leveraging AI-driven automation to slash formulation development time by a staggering 50% - to just two years.

Key Points: 
  • Enter Persist, leveraging AI-driven automation to slash formulation development time by a staggering 50% - to just two years.
  • Over the past 6 months, Persist AI has developed cutting- edge robotics that enables automated development of long-acting injectable formulations.
  • "Drug formulation has long been overlooked despite being a crucial part of drug development.
  • "Persist AI's disruptive approach to drug formulation holds immense promise for the future of drug development."