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Touchcast has raised a $55 million Series A from buyers together with Accenture Ventures, Alexander Capital Ventures and Saatchi Invest. Based in New York, Touchcast makes use of AI and mixed reality to help companies talk, collaborate and manage virtual events; its clients embody Pfizer, TD Bank and Unilever. The company is strong within the fintech space, and hopes to have a minimum of one hundred prospects by late 2021. According to a report from Grand View Research, the global market for digital events is projected to succeed in greater than $400 billion by 2027. Enterprise investment in infrastructure, providers and expertise similar to AI is driving a lot of this development.

While it should come as no shock that many main CPG brands and retailers are among the many top 50 most energetic social media manufacturers, this new point of view finds completely different manufacturers are at various ranges of maturity in having a two-way dialogue with shoppers. According to Accenture research, consumers want to interact more with CPG manufacturers than with retailers. The success of client engagement is ensuring fans feel a half of the overall model voice.

Leetchi is a gaggle payment app that allows customers to collect and manage cash for group occasions. Payworks is the supplier of Pulse, a subsequent technology Point of Sale cost gateway know-how. Mozido’s cellular funds platform unlocks monetary freedom for roughly 2 billion folks across the globe who carry cellphones but no financial institution accounts.

Events — after they haven’t been cancelled altogether in the final 12 months due to the world well being pandemic — have gone digital and online, and a wave of startups that are helping folks create and participate in those experiences are seeing a surge of consideration — and funding. Consumer demand for digital well being instruments and providers can also be rising and transforming the means in which sufferers work together with their providers. In a latest Accenture survey, one in five customers mentioned they have previously used AI-enabled healthcare providers and most stated they anticipate using them in the future. Touchcast’s platform permits corporate groups, both small and large, to work seamlessly with already present infrastructure similar to Zoom, Cisco Webex and Microsoft Teams. That means purchasers don’t must invest in completely new communication expertise exterior of Touchcast and might use what they all the time did and use it alongside digital environments and occasions.

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It is a transaction system that makes use of superior cryptofinance technologies to effectively handle the ache points of legacy methods. On Tuesday Accenture mentioned it expects to lose $450m on the project over the subsequent three to 4 years on account of elevated deployment costs and delays to the supply of software program from its contractors – specifically iSoft. The firm additionally warned that it reckons the contract itself may be price much less over its 10-year lifetime than originally anticipated as a outcome of the federal government is permitting local healthcare providers to choose various techniques. Rising cloud security star Orca Security has closed a Series B funding round to address emerging applied sciences, facilitate extra customization and construct its channel program. Investment in blockchain from ventures capitalists alone hit $290m in the first half of the yr, in accordance with Juniper Research. Accenture and Santander have also invested in another blockchain consortium, Digital Asset Holdings, which earlier this 12 months raised $60m from prime investors similar to Goldman Sachs and IBM.

Last month, the company launched an updated version of its Pre-Cert working model with new particulars on who can use the program and how the process differs from conventional premarket evaluations. delivers monetary services over mobiles to people in Southeast Asia who’re currently unserved by conventional banks. Osper is a pay as you go debit card and mobile banking service empowering young individuals to handle their money responsibly. Iyzico is a payment receipt system administration platform that provides ePayment solutions. Wrapp is a reward app linked to your financial institution card to get personal rewards and provides from shops and types. Yoyo Wallet is a platform that enables cell funds combined with automated loyalty and rewards.

Back then, the company’s idea was to supercharge on-line video, by making it easier for creators to deliver in interactive parts and media widgets into their work, to essentially make movies closer to the kind of interactivity and busy media mix that we find on internet pages themselves. The funding is being led by a strategic investor, Accenture Ventures — the funding arm of the systems integrator and consultancy behemoth — with Alexander Capital Ventures, Saatchi Invest, Ronald Lauder and other unnamed buyers also taking part. The startup thus far has been largely self-funded, and whereas Segal isn’t disclosing the valuation, he mentioned it was positively in the nine-figures . The company was the primary to offer commercially available RF monitoring knowledge after it launched its Pathfinder cluster of three satellites in 2018. These satellites can monitor and geo-locate RF indicators — anything that emits a signal across a broad range of emitters from VHF marine radios, UHF push-to-talk radios, maritime radar methods, AIS beacons, and L-band satellite gadgets. One example of this in action is tracking X-band and S-band radar on darkish maritime vessels.

Accenture is certainly one of TouchCast’s purchasers and has been using its know-how for its personal events. NY-based Touchcast Inc., a leading virtual experience firm raised US$ 55 million in sequence A funding round on four February 2021. “With a plethora of potential acquirers , digital health startups could additionally be supplied a profitable acquisition before they’ve reached predictable revenue, scale and a growth trajectory to operate as unbiased, public companies,” the report says. In phrases of expertise, telemedicine was a giant winner, touchdown 21% of whole funding with 32 deals valued at $714.6 million, Michelle Huang, research fellow and one of the authors of the report, informed Healthcare Dive.

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