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Illinois Business Review: Press Releases

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Press releases published on May 20, 2025

Thomas Financial Group Closes Over $34 Million in Bridge Loans for USDA Takeout in Under 40 Days

Thomas Financial Group Closes Over $34 Million in Bridge Loans for USDA Takeout in Under 40 Days

ATLANTA, May 20, 2025 (GLOBE NEWSWIRE) -- In a powerful demonstration of speed and strategic execution, Thomas Financial Group (TFG), a wholly owned subsidiary of Community Bankshares Inc., in partnership with Siguler Guff, Phoenix Lender Services (PHX), …

Travel Managers Demand More: New Research Reveals Call for Integrated, Intelligent Travel Solutions

Travel Managers Demand More: New Research Reveals Call for Integrated, Intelligent Travel Solutions

Denver, CO, May 20, 2025 (GLOBE NEWSWIRE) -- Direct Travel, Inc., a market leader in corporate travel management, along with the Global Business Travel Association (GBTA), Spotnana, and TROOP, today released new research revealing a corporate travel …

ZeroFox Partners With GASA and GSE to Fight Fraud With Enhanced Threat Detection Capabilities

ZeroFox Partners With GASA and GSE to Fight Fraud With Enhanced Threat Detection Capabilities

WASHINGTON, May 20, 2025 (GLOBE NEWSWIRE) -- ZeroFox, the leader in external cybersecurity, has entered into a collaborative partnership with the Global Anti-Scam Alliance (GASA) and the Global Signal Exchange (GSE) to bolster joint measures to prevent …

Green Check Welcomes Todd Lasher as New Chief Growth Officer to Drive Next Phase of Expansion

Green Check Welcomes Todd Lasher as New Chief Growth Officer to Drive Next Phase of Expansion

BONITA SPRINGS, FL, May 20, 2025 (GLOBE NEWSWIRE) -- Today, Green Check (GC), the leading fintech connector powering commerce in high-risk industries, announced the appointment of Todd Lasher as Chief Growth Officer (CGO). In this role, Lasher will oversee …

Landing Secures $180M in New Financing to Scale Flexible Stay Apartment Network

Landing Secures $180M in New Financing to Scale Flexible Stay Apartment Network

BIRMINGHAM, Ala., May 20, 2025 (GLOBE NEWSWIRE) -- Today Landing, the leading network for flexible-lease apartments, announced $180M in debt financing. The new capital supports the rapid adoption of Landing’s flexible stay platform for multifamily owners, …

Venture for ClimateTech Unveils Newest Cohort Powering the Future of Clean Tech

Venture for ClimateTech Unveils Newest Cohort Powering the Future of Clean Tech

ROCHESTER, N.Y., May 20, 2025 (GLOBE NEWSWIRE) -- Venture For ClimateTech has selected the next 20 early-stage startups to join its accelerator program dedicated to the commercialization of impactful climate technologies to power the future of clean tech. …

72% of professionals report using AI at work, compared to just 48% in 2024

72% of professionals report using AI at work, compared to just 48% in 2024

PALO ALTO, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- Intapp (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals, released findings today from its 2025 Technology Perceptions Survey. Reaching more than 800 fee earners across …

PRIDE Industries Honored for Website Accessibility as Gold STEVIE® Award Winner in 2025 American Business Awards®

PRIDE Industries Honored for Website Accessibility as Gold STEVIE® Award Winner in 2025 American Business Awards®

Roseville, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- PRIDE Industries, the nation’s leading employer of people with disabilities, was named the winner of a Gold Stevie® Award in the “Website Achievement in Accessibility” category in the 23rd Annual American …

Conifer Insurance Services Strengthens Cannabis Industry Commitment with Launch of Cannabis Select Program

Conifer Insurance Services Strengthens Cannabis Industry Commitment with Launch of Cannabis Select Program

TROY, Mich., May 20, 2025 (GLOBE NEWSWIRE) -- Conifer Insurance Services (“Conifer”), a pioneer in cannabis insurance solutions, in partnership with Skyward Specialty Insurance Group™ (“Skyward Specialty”), a leader in the specialty property and casualty …

Ensemble and Solventum Partner to Advance Autonomous Inpatient Coding with AI

Ensemble and Solventum Partner to Advance Autonomous Inpatient Coding with AI

CINCINNATI, Ohio and ST. PAUL, Minn., May 20, 2025 (GLOBE NEWSWIRE) -- Ensemble, an industry leading revenue cycle management company, announced a strategic partnership today with Solventum, a market leader and innovator in AI-driven revenue cycle …

Orbit Analytics and Carahsoft Partner to Enhance Data Analytics Solutions for the Public Sector

Orbit Analytics and Carahsoft Partner to Enhance Data Analytics Solutions for the Public Sector

ALPHARETTA, Ga. and RESTON, Va., May 20, 2025 (GLOBE NEWSWIRE) -- Orbit Analytics, an AI-powered leader of advanced business intelligence solutions tailored for enterprise ERP environments, and Carahsoft Technology Corp., The Trusted Government IT …

Automotive News Names Axalta Scientist, Lei Qiao, as One of 100 Leading Women in North American Auto Industry

Automotive News Names Axalta Scientist, Lei Qiao, as One of 100 Leading Women in North American Auto Industry

PHILADELPHIA, May 20, 2025 (GLOBE NEWSWIRE) -- Axalta Coating Systems (AXTA), a leading global coatings company, announced today that Dr. Lei Qiao, Vice President of Technology, Mobility, has been named as one of the 100 Leading Women in the North American …

EverCommerce Appoints Amy Guggenheim Shenkan to Its Board of Directors

EverCommerce Appoints Amy Guggenheim Shenkan to Its Board of Directors

DENVER, May 20, 2025 (GLOBE NEWSWIRE) -- EverCommerce Inc. (Nasdaq: EVCM) (the “Company”), a leading provider of SaaS solutions for service SMBs, announced today the appointment of Amy Guggenheim Shenkan to its Board of Directors. Ms. Shenkan’s extensive …

Alation Acquires Numbers Station to Unlock a New Era of Agentic Workflows

Alation Acquires Numbers Station to Unlock a New Era of Agentic Workflows

REDWOOD CITY, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- Alation Inc., the leader in enterprise data intelligence, today announced that it has acquired Numbers Station AI, a pioneer in building AI agents for data workflows. The combined capabilities of …

HeartSciences’ CEO Andrew Simpson to Present at Emerging Growth Conference 82 on Wednesday, May 21, 2025

HeartSciences’ CEO Andrew Simpson to Present at Emerging Growth Conference 82 on Wednesday, May 21, 2025

Southlake, TX, May 20, 2025 (GLOBE NEWSWIRE) -- HeartSciences Inc. (Nasdaq:HSCS) ("HeartSciences" or the "Company"), an artificial intelligence (AI)-powered medical technology company focused on transforming ECGs/EKGs to save lives through earlier …

Five Iron Golf Announces Flagship Location in Miami at The Plaza Coral Gables

Five Iron Golf Announces Flagship Location in Miami at The Plaza Coral Gables

Miami, FL, May 20, 2025 (GLOBE NEWSWIRE) -- Five Iron Golf, a global leader in golf and entertainment, is excited to announce its upcoming flagship location at The Plaza Coral Gables, a landmark mixed-use development in the heart of Miami. Scheduled to …

Promex Industries CEO Richard Otte Honored with IEEE Electronics Manufacturing Technology Award

Promex Industries CEO Richard Otte Honored with IEEE Electronics Manufacturing Technology Award

SANTA CLARA, Calif., May 20, 2025 (GLOBE NEWSWIRE) -- Promex Industries, Inc., a Silicon Valley-based provider of advanced design, packaging, and microelectronics assembly services, today announced that CEO Richard (Dick) Otte has received the 2025 …

Continuum Powders Appoints Kevin O’Shea as General Manager – Global Sales, to Drive Strategic Expansion in Critical, Underserved Powder Markets

Continuum Powders Appoints Kevin O’Shea as General Manager – Global Sales, to Drive Strategic Expansion in Critical, Underserved Powder Markets

Houston, TX, May 20, 2025 (GLOBE NEWSWIRE) -- Continuum Powders, a leading provider of high-performance metal powders engineered through sustainable, circular manufacturing, today announced the appointment of Kevin O’Shea as General Manager – Global Sales, …

Mullen Announces Quarterly Results for 3 Months Ended March 31, 2025

Mullen Announces Quarterly Results for 3 Months Ended March 31, 2025

Company fiscal Q2 outperforms all previous quarterly revenue results Mullen achieves strong results with $5M revenue for quarter ending March 31, 2025 Company revenue is $7.9M for six months ended March 31, 2025 Company net loss decreased substantially …

nCino Announces Preliminary First Quarter Fiscal Year 2026 Financial Results Exceed Top End of Guidance

nCino Announces Preliminary First Quarter Fiscal Year 2026 Financial Results Exceed Top End of Guidance

WILMINGTON, N.C., May 20, 2025 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced that preliminary financial results for its first quarter ended April 30, 2025, exceed the …

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