Portfolio News

Candidly picks up student debt relief where new US policies leave off

While some fintech companies have taken the borrower approach, others are looking at it from an employee benefit perspective and attracting interest from venture capital investors. Those include Goodly, Highway Benefits, which announced $3.1 million in seed funding last week, and Candidly, which announced $20.5 million in Series B funding today. Read more >>
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Candidly Raises $20.5 Million to Help Millions of Americans Repay Student Debt and Build Savings

Candidly, the market’s most comprehensive student debt and savings optimization platform, today announced it raised $20.5M in a Series B round of financing, led by Altos Ventures, with follow-on participation from Cercano Management. The Series B financing follows a year of record growth in which the company saw 10x revenue growth and a 3,600% increase of payments flowing through the Candidly platform. Read more >>
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OmniLife Health Survey Shows Rapid Adoption of Clinical Workflow Automation Among U.S. Healthcare Organizations

Healthcare organizations nationwide are increasing their use of clinical workflow automation (CWA) software to enhance productivity, reduce costs and improve patient outcomes, particularly in complex care environments. This is one of several key learnings from a recent Becker’s Healthcare benchmark survey of health systems, hospitals and transplant centers in partnership with OmniLife Health in late 2022.
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Xylyx Bio launches new website to showcase growing portfolio of regenerative biotechnologies

Xylyx Bio, a New York-based regenerative medicine company leading the development of advanced biomaterials and biosystems, is proud to announce the launch of their redesigned website showcasing the company's growing portfolio of regenerative biotechnologies. Leveraging its core expertise in bioengineering, Xylyx Bio has expanded its developmental pipeline beyond advanced biomaterials for disease modeling and drug testing to include novel breakthrough technologies for tissue and organ regeneration. Read more >>
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SCBIO caps annual conference in Charleston with $5,000 pitch competition

To close out the SCBIO 2023 conference, three South Carolina early startups in the life sciences industry pitched venture capitalists in a “Rapid Fire: SC Super Pitch” competition in the ballroom of the Gaillard Center with hundreds of attendees in the crowd. Each company had an eight-minute pitch and then two minutes for questions and answers. Three venture capitalists — who had just spoken on a panel about how to give a good pitch — determined the winner, who was...
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Candidly’s Partnership With American Eagle Outfitters Helps Pay Down More Than $100,000 of Student Debt for Associates

Candidly, the market’s most comprehensive student debt management platform, today announced that American Eagle Outfitters, Inc. (NYSE: AEO), a leading global specialty retailer, has facilitated more than $100,000 in contributions to associates’ student loan debt, creating $2.8M+ of total impact and shaving 766 years off associates’ repayment time. Candidly, together with AEO, offers student debt and financial wellness benefits to tens of thousands of the retailer’s US-based employees. AEO associates can use Candidly’s platform to find the best-priced borrowing options,...
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Why this canned-wine company tapped Elizabeth Banks to lead its marketing

Several of Archer Roose’s ads starring Banks have gone viral for their irreverent tone, from jokingly referring to Banks as merely a “famous person” to highlighting relatable scenarios like needing a little nip before a PTA meeting or being judged by your neighbors while you bring out your recycling that maybe has one too many glass bottles clanking in the bag. For Archer Roose, Banks has been a crucial part in appealing to consumers with a brand persona that feels...
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Pixability Announces Third Straight Year of Record Revenue as it Expands CTV and YouTube Capabilities

Pixability, (www.pixability.com), a leader in contextual targeting, brand suitability and contextual insights for YouTube and other leading connected TV (CTV) platforms, today announced that it closed 2022 with its third straight year of record revenue. The growth was driven by growing CTV and YouTube capabilities and offerings, including expanded data solutions that resulted in a 70% increase in Saas revenue. "While 2022 brought many macroeconomic challenges for the ad industry, we were able to leverage our proprietary technology and data...
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RevBio Receives a Strategic Investment from Pacific Dental Services to Support Ongoing Clinical Trials in Implant Dentistry

RevBio, Inc. announced that it has received a strategic investment from Pacific Dental Services® (PDS) to support the clinical development of its bone adhesive biomaterial for implant dentistry. Based in Irvine, California, PDS was founded in 1994 and is one of the leading dental support organizations in the U.S. with over 900 dental practices in 25 states. PDS has been on the Inc. 5000 list of the fastest growing private companies in America 14 times. RevBio is currently in the...
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Tackling Student Loan Debt Relief Issues with Candidly’s Laurel Taylor

Student loan debt has gotten plenty of attention lately, thanks not only to the great news about the student loan debt repayment provision in SECURE 2.0, but also because of the ongoing pause on federal student loan payments. President Biden’s controversial student debt forgiveness program, and the lawsuits from a number of red states that are currently preventing that program from moving forward with Supreme Court arguments on deck. Here to help us sort it all out is Laurel Taylor,...
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