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GI Partners Announces Sale of Consilio

GI Partners Announces Sale of Consilio News provided by Share this article Share this article SAN FRANCISCO, April 20, 2021 /PRNewswire/  GI Partners, a leading private investment firm, announced today that it has signed a definitive agreement to sell Consilio, a global leader in eDiscovery, document review, risk management, and legal consulting services, to investment funds managed by Stone Point Capital LLC ( Stone Point ).    GI Partners simultaneously acquired Consilio and Advanced Discovery in 2018, combining the businesses to form a global leader in eDiscovery. Following a successful integration of the two companies, GI Partners and management acquired DiscoverReady later that year. The combinations brought together three highly regarded management teams with complementary capabilities into one global eDiscovery leader with a full suite of end-to-end solutions capable of supporting the largest and most complex legal matters. As a result of these combinations and organi

Archipelago Raises $34M in Series B Funding

Archipelago, a San Francisco, CA-based AI-driven technology and data analytics company focused on commercial property risks, raised $34M in Series B funding. The round was led by Scale Venture Partners, with participation from earlier investors Canaan Partners, Ignition Partners, and Zigg Capital. Principals from Stone Point Capital, and Prologis Ventures, also participated in the round. The company intends to use the funds to further build out new product capabilities and scale the team, including investment in engineering, data science, and customer-facing teams. Plans are also underway to globalize and expand the focus beyond property owners and insurers in North America.

Insurance risk platform Archipelago raises $34M

Share Insurance risk platform Archipelago has raised $34 million in funding led by Scale Venture Partners and earlier investors Canaan Partners, Ignition Partners, and Zigg Capital. Principals from Stone Point Capital, along with Prologis Ventures, also participated in the round. Since publicly launching in August 2020, Archipelago’s platform has empowered the biggest commercial property owners and managers in the world (like Prologis, JLL, Alexandria) to use AI and data to manage their risks and improve their insurance outcomes. Over 330,000 commercial properties with total insured values of $2.3 trillion are currently on Archipelago, figures that are growing weekly. Archipelago’s platform uses machine learning and data verification designed by an internal team of expert structural and risk engineers to digitize and enrich property risk data from a wide range of unstructured source documents, schematics, and images. This ensures that all parties within the property

Bullhorn Names Senior Leadership Appointments | Hunt Scanlon Media

Bullhorn Names Senior Leadership Appointments | Hunt Scanlon Media
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