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Boosting Employee Trust and Engagement Through ESG: The Key Role of Environmental, Social, and Governance Practices
The importance of Environmental, Social, and Governance (ESG) principles has grown, especially among Millennials and Gen Z, influencing their employment choices. A Position Green study shows a significant portion of the workforce favors companies with strong sustainability practices. An IBM survey indicates that 67% prefer applying to organizations with environmental initiatives, while nearly 90% of executives recognize the link between purpose and employee satisfaction. Transparency in ESG goals fosters trust and engagement, enhancing workplace culture. Companies can improve brand perception and attract talent by effectively communicating their ESG commitments and implementing measurable goals and employee involvement in sustainability efforts.
Boosting Wealth Management: How AI Elevates Human Expertise for Financial Success
The wealth management sector is evolving from traditional robo-advisory systems to an advanced model called intelligent advisory, which combines artificial intelligence (AI) with skilled Relationship Managers (RMs). This approach enhances client experiences through hyper-personalization, collaborative filtering, hyper-automation, and proactive performance monitoring. WealthForce.ai exemplifies this transformation, offering features like a Nudge Engine and portfolio optimization tools that improve client engagement and operational efficiency. The integration of AI with personal expertise promises a more responsive, personalized, and effective wealth management landscape, marking a new era in client management and satisfaction. For more insights, visit Forbes.
Doppel Secures $35M Funding to Enhance AI-Driven Digital Risk Management Platform
AI company Doppel has raised $35 million in a Series B funding round led by Bessemer Venture Partners, boosting its valuation to $205 million. The funding will enhance its social engineering defense platform, Doppel Vision, which protects enterprises from digital threats like phishing and deepfakes. Since its Series A in January 2024, Doppel has seen a 400% increase in enterprise customers and a 3X growth in annual recurring revenue. CEO Kevin Tian expressed excitement about the partnership and plans to focus on expanding their platform to meet rising demand across various sectors.
Phantom Secures $150M Funding to Disrupt Traditional Finance with Innovative Blockchain Solutions
Phantom, a leading digital asset wallet provider, has raised $150 million in a Series C funding round, achieving a $3 billion valuation. The round was co-led by Sequoia Capital and Paradigm, with participation from existing investors like a16z and Variant. Founded in 2021, Phantom offers a self-custody wallet enabling users to manage digital assets across blockchains, boasting 15 million monthly active users and $25 billion in assets. The funds will enhance infrastructure, support strategic acquisitions, and introduce new features for peer-to-peer payments. Recent acquisitions include Bitski and Blowfish, aimed at improving security and user experience.
Ravio Secures $12M to Revolutionize Global Salary Benchmarking with Real-Time HR Data Insights
Ravio, a compensation data platform, has secured $12 million in Series A funding to enhance its operations and innovate workforce compensation strategies. Led by Spark Capital, with contributions from Blackbird and Cherry Ventures, this investment will aid Ravio in modernizing compensation frameworks through real-time data integration. Founded in 2022, Ravio connects with HR systems to provide updated compensation benchmarks across 46 countries, helping businesses simplify pay structures and address salary inequalities. The company plans to expand its dataset, enhance product development, and utilize a unique model for aggregating anonymized HR data to improve market insights, as highlighted by CEO Merten Wulfert.