OurPetPolicy, a Boise, Idaho-based provider of a platform for managing pets and emotional support animal (ESA) fraud, raised $8M in Series A funding.

The round was led by RET Ventures, with participation from StageDotO and Capital Eleven.

The company intends to use the funds to expand integrations with property management systems, scale its go-to-market team, and accelerate its product roadmap with enhanced fraud detection and expanded workflow automation.

Led by Co-Founders Logan Miller and Cody Miller, OurPetPolicy develops an enterprise-grade animal management platform that centralizes animal profiles, automates vaccination tracking, and provides a verification system for ESA requests. The system leverages direct healthcare provider authentication and strict Fair Housing compliance protocols to identify fraudulent documentation.

The company currently serves multifamily, single-family rental, and manufactured housing properties across the U.S., helping operators recover lost revenue from fraudulent claims while managing compliance for approximately 45 million rental units.

source[FinSMEs]

RISA Labs co-founders Kshitij Jaggi (CEO) and Kumar Shivang (CTO) | Photo Credit: RISA Labs
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PALO ALTO, Calif. -- RISA Labs, a company pioneering an AI operating system for oncology, today announced the closing of an $11.1 million Series A funding round. The financing was co-led by Cencora Ventures and Optum Ventures, with participation from Oncology Ventures, Z21 Ventures, and John Simon (co-founder of General Catalyst) via his Ventureforgood investment entity.

​The funding will accelerate the deployment of RISA's system to cancer clinics, health systems, specialty pharmacies, and infusion networks across the United States, changing how complex oncology workflows are managed end-to-end.

In oncology, delays are costly for all stakeholders: patients, practices, payers, and pharma. Addressing this, RISA orchestrates patient access, benefits verification, and prior authorization, turning manual bottlenecks into predictable, high-throughput workflows across the cancer service line. In just nine months, partner institutions have already expanded from initial deployment to second and third workflows, reflecting rapid adoption and operational trust.

"In our vision for oncology, there are two sides to every patient's journey: getting them on the right therapy faster and deepening our understanding of the disease for the next patient through data," said Kshitij Jaggi, CEO of RISA Labs.
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RISA connects directly to a cancer center's electronic medical record (EMR), payer and benefits systems, and other systems of record. A team of AI agents reads, reasons, and acts across these systems, gathering the right data, preparing and submitting authorizations, tracking status, and progressing cases across dozens of payer environments, EMRs and other tools. As forms, rules, or interfaces change, the agents adapt in real time, so workflows stay reliable without constant reprogramming. The AI OS is purpose-built for the realities of cancer care, handling complex payer rules, multi-drug regimens, and disease-specific requirements.

Teams manage and configure all of this through BOSS Console, RISA's command control panel for mission-critical institutions. With BOSS Console, each institution can tailor workflows, routing, document conventions, and practice-specific rules so the system behaves like an extension of its own operations. Every AI action is traceable and audit-ready, giving leaders clear visibility into what the system did and why, and how it stays aligned with compliance and clinical standards.

RISA is already live at some of the largest oncology practices in the U.S. At one partner site, approximately 80% of administrative staff time has been freed up, denials have been reduced by up to 40%, and first-pass approval rates have reached 97.8%. Patient authorizations are now filed within 24 hours of request and are on track to drop below 2 hours, down from an average 8-day backlog. More than 20 full-time equivalents have been repurposed to higher-value work, increasing both capacity and efficiency across the practice.

"BOSS Console is a low-entropy thinking information machine," said Kumar Shivang, CTO of RISA Labs. "Modern oncology has created thousands of potential care paths for every patient. It has become essential to have an intelligent operating system that can absorb this complexity, remove administrative burden, and act as a companion to the most informed clinical decisions."

By leveraging AI to confront the looming challenge of a growing patient population, increasingly complex treatment strategies, and a limited supply of oncologists, RISA aims to address the core mathematical problem in modern cancer care.

"As the treatments available for oncology patients increase in number and complexity, solutions to help streamline operational processes and enable efficient access to therapy become vital.  We look forward to supporting RISA on their next phase of growth," said Jason Dinger, Senior Vice President, Strategic Execution at Cencora.

In the coming year, RISA will go deeper in oncology, partnering with ecosystem leaders to expand AI-driven workflows across the full continuum of cancer care. Extending these capabilities to specialty pharmacy operations is the next step, built on the same foundation and configured through BOSS Console.

About RISA Labs
Founded by Kshitij Jaggi and Kumar Shivang, RISA Labs is the creator of BOSS Console that helps build AI OS for mission-critical institutions. Its first area of focus is oncology, where the system unifies access, benefits, and prior authorization across cancer centers, specialty pharmacies, and infusion networks so every eligible patient can start the right therapy faster.

Already deployed at leading oncology networks and community practices, RISA helps them operate with greater efficiency, capacity, and precision while strengthening financial performance: making institutions win in the age of AI. For more information, please visit Risa Labs at https://www.risalabs.ai

About Cencora Ventures
Cencora Ventures is the dedicated corporate venture capital fund of Cencora. Cencora is a leading global pharmaceutical solutions organization centered on improving the lives of people and animals around the world. We partner with pharmaceutical innovators across the value chain to facilitate and optimize market access to therapies. Care providers depend on us for the secure, reliable delivery of pharmaceuticals, healthcare products, and solutions. Our 51,000+ worldwide team members contribute to positive health outcomes through the power of our purpose: We are united in our responsibility to create healthier futures. Cencora is ranked #10 on the Fortune 500 and #18 on the Global Fortune 500 with more than $300 billion in annual revenue.     
 
CONTACT: Media Contact: truc@mulberryandastor.com 

SOURCE RISA Labs
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source[PRNewswire]

Canopy, a San Francisco, CA-based provider of a connected safety platform for U.S. health systems, raised $22m in Series B funding.
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​The round was co-led by 111° West Capital and ACME Capital, with participation from all existing investors.

The company intends to use the funds to bring its workforce safety technology to every healthcare worker in the country and accelerate the roll out of Canopy Find and Canopy Track, to improve operational efficiency and patient experiences.

Led by CEO and Co-Founder Shan Sinha, Canopy provides a proprietary Location ID network that offers real-time situational awareness and operational intelligence, extending from safety alerts to asset management and workflow optimization. The platform protects healthcare workers by identifying health red flags through a discreet duress system, enabling faster response times for security incidents and general operations.

The company has already protected over 300,000 healthcare workers across 60 major U.S. health systems, including Boston Children’s Hospital, Thomas Jefferson University, and University of Michigan Health-Sparrow, and has deployed its network across more than 1,200 buildings.

In conjunction with the funding, Bharat Sundaram will join the company’s board. Currently the CEO of Hallmark Healthcare Solutions, Sundaram previously served as President and COO of Vizient and President of MedAssets.

With prior board roles at Vocera and Kaufman Hall, he brings deep operational expertise and a proven track record of scaling healthcare technology companies, reinforcing Canopy’s market position.

source[FinSMEs]

(Rain co-founders Farooq Malik (left) and Charles Yoo-Naut. [courtesy photo]

Led by ICONIQ, the round brings Rain’s total funding to over $338M and values the company at $1.95B — up more than 17x in just 10 months

The new funding enables Rain to scale its global, compliant footprint, deepen platform capabilities, and invest in new products that redefine how payments work worldwide
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NEW YORK — January 9, 2026 — Rain, the enterprise-grade infrastructure for stablecoin-powered payments, today announced a $250 million Series C funding round led by ICONIQ, with participation from Sapphire Ventures, Dragonfly, Bessemer Venture Partners, Galaxy Ventures, FirstMark, Lightspeed, Norwest, and Endeavor Catalyst. The round values Rain at $1.95 billion, brings the company’s total funding to over $338 million, and comes just four months after its Series B and 10 months after its Series A.

​Stablecoins have rapidly evolved from a speculative corner of crypto markets into one of the largest value-transfer rails in the world. The next phase of adoption is about making tokenized money the default way that businesses move funds and consumers get paid, save, and spend. Crossing that chasm requires infrastructure that lets enterprises shift to onchain payment rails while preserving the familiar experiences their users already trust. Rain’s technology is built to do exactly that.

“Stablecoins are quickly becoming the way money moves in the 21st century, but adoption by users worldwide requires cards and apps that just work,” said Farooq Malik, CEO & Co-founder of Rain. “In the last year, our active card base has increased 30x and our annualized payment volume has increased 38x, but we’re still in the early innings. This funding lets us bring that infrastructure to new markets and help additional enterprises go live and scale quickly everywhere.”

Rain’s end-to-end payments platform allows companies to work with a single partner to launch compliant stablecoin cards that work everywhere Visa is accepted, offer rewards, convert fiat into stablecoins, power secure wallets, and facilitate payouts. Today, Rain’s technology facilitates more than $3B in annualized transactions for over 200 partners, including Western Union, Nuvei, and KAST. Programs built on Rain can reach over 2.5 billion people and power everything from everyday consumer purchases like a morning coffee or airline tickets, to critical business expenses such as cloud services and digital advertising.

“We believe we’re witnessing a shift from legacy payment networks to programmable digital-asset infrastructure, and there is a brief window to help define the default platform enterprises will rely on,” said Kamran Zaki, Partner at ICONIQ. “In our view, Rain has a rare combination of full-stack technology, regulatory readiness, and real-world scale. Their focus on making tokenized money mainstream, rather than a niche financial experiment, may resonate and align with what large enterprises are looking for as they move from exploration to production.”

​Rain will use the Series C capital to expand its presence in key licensed markets across North America, South America, Europe, Asia, and Africa, so partners can seamlessly launch compliant solutions around the world. The funding will also enable Rain to deepen its full-stack stablecoin payments platform, including through strategic acquisitions, and to invest ahead of the curve in new products that make stablecoin-powered payments feel invisible to businesses and consumers.

Wachtell, Lipton, Rosen & Katz served as legal advisor to Rain on its Series C financing.
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About Rain: Rain is the global stablecoin payments platform for enterprises, neobanks, platforms, and developers. Its technology allows partners to move, store, and use stablecoins instantly and compliantly through global payment cards, rewards, on/offramps, wallets, and cross-border rails. As a Visa Principal Member, Rain issues cards that work anywhere Visa is accepted, powering millions of purchases in over 150 countries. Built natively for stablecoins and trusted by more than 200 organizations worldwide, Rain delivers secure, scalable infrastructure that makes money move freely and instantly around the world. Learn more at https://www.rain.xyz/.

About ICONIQ: ICONIQ is a global investment firm catalyzing opportunity through extraordinary community. Our venture and growth investment platform partners with visionaries defining the future of their industries to achieve uncommon outcomes. Drawing on the insights and connectivity of our extraordinary community, we support our portfolio companies’ success at every inflection point, from inception to IPO and beyond. Our robust portfolio includes Adyen, Airbnb, Alibaba, Alteryx, Airtable, Anthropic, Automattic, BambooHR, Braze, Canva, Chime, Coupa, Databricks, Datadog, DeepL, ElevenLabs, Figma, Gitlab, Glean, Groww, Netskope, Procore, ServiceTitan, Sierra, Snowflake, Writer, Zoom and 1Password, among others. For more information visit https://www.iconiqcapital.com/growth.
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Read original press release here: https://www.prnewswire.com/news-releases/rain-raises-250m-series-c-to-scale-stablecoin-powered-payments-infrastructure-for-global-enterprises-302657084.html?tc=eml_cleartime
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Media Contact:
Lucas Piazza
Marketing Lead, Rain
lucas@rain.xyz

source[rain]

CHAMP Titles, Inc., a Cleveland, OH-based provider of digital solutions to motor vehicle agencies, raised $55m in funding.

The round was led by W. R. Berkley Corporation, Point72 Ventures, and ORIX Corporation USA, with participation from other existing investors as well. Total funding now exceeds $100m.

The company intends to use the capital to accelerate expansion.

Led by Shane Bigelow, Chief Executive Officer, CHAMP Titles is a provider of digital solutions to motor vehicle agencies (MVAs) in the United States. Its patented technologies and platforms streamline and secure motor vehicle administration. Designed for government, the company’s solutions serve a broad ecosystem of MVA stakeholders, including vehicle retailers, vehicle wholesalers, insurance carriers, fleet operators, lenders, all the service providers that serve each of these industry verticals, and, of course, consumers. CHAMPgov replaces aging title, registration, lien, driver’s license, and agency systems of record in partnership with state governments.

Today, more than 35 million Americans have access to CHAMP’s technology through state contracts that implement the company’s systems of record, and tens of millions of transactions have been conducted on the platform.
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source[FinSMEs]