Welcome to our dedicated page for Goldman Sachs Group news (Ticker: GS), a resource for investors and traders seeking the latest updates and insights on Goldman Sachs Group stock.
The Goldman Sachs Group, Inc. reports news across its investment banking, global markets, lending, asset management and wealth management businesses. Recurring developments include earnings releases, capital and debt-market activity, governance updates, and disclosures tied to its listed common stock, preferred depositary shares, capital securities and medium-term notes.
Company news also includes activity from Goldman Sachs Asset Management, Goldman Sachs Alternatives and related investment platforms, including growth-equity investments, enterprise technology financings, AI-focused partnerships and specialty-finance vehicles externally managed by Goldman Sachs Asset Management. These updates reflect the firm’s role as a global financial institution, asset manager and capital provider.
Socure has been recognized by Goldman Sachs as one of the 100 Most Intriguing Entrepreneurs of 2021, honoring CEO Johnny Ayers at their Builders + Innovators Summit in California. Socure's platform achieves auto-approval rates of up to 98% for mainstream populations and 94% for hard-to-identify groups, driving financial inclusion and fraud prevention. Recently raising $100 million in a Series D funding round, Socure now holds a valuation exceeding $1 billion and serves over 750 customers across various industries.
Summary not available.
Summary not available.
Summary not available.
Aware has successfully raised $60 million in Series C funding, spearheaded by Goldman Sachs Asset Management. This investment aims to enhance Aware's AI-driven collaboration governance solutions, addressing challenges like data risks and compliance in hybrid workplaces. The company has previously secured $12 million in December 2020. Aware's platform assists enterprises in gaining insights from human data created through digital collaboration, aiming to transform workplace dynamics.
Goldman Sachs BDC, Inc. (NYSE: GSBD) will report its third quarter financial results for the period ending September 30, 2021, after market close on November 4, 2021. The company will host an earnings conference call on November 5, 2021, at 9:00 AM Eastern Time to discuss the results. Interested participants can join via telephone or through an audio webcast on the company’s website. Goldman Sachs BDC is focused on investing in middle-market companies in the U.S., primarily through secured and unsecured debt and selected equity investments.
eVisit has successfully closed a $45 million Series B financing round, led by Goldman Sachs Asset Management, with participation from Texas Health Resources and others. The funds will be directed toward expanding eVisit's Virtual Care platform and enhancing sales and marketing initiatives. eVisit's platform connects healthcare providers and patients, facilitating millions of virtual visits annually, while improving outcomes and reducing costs. The company has seen rapid growth, evidenced by its recognition as a leader in the Virtual Care space.
Nextiva has secured $200M in its first external funding round led by Goldman Sachs, achieving a valuation of $2.7B. The funds will accelerate innovation in connected communications, focusing on AI, automation, and global market expansion. With $250M in annual recurring revenue, Nextiva is recognized as a market leader in business communications in the U.S. The investment reflects a market shift toward integrated communication solutions, streamlining customer engagement amidst increasing expectations and digital transformation challenges.
Summary not available.
Transmit Security, a leader in identity experience, announced a historic $543 million Series A funding round, the largest ever in cybersecurity. The round included investments from Citi Ventures, Goldman Sachs, Insight Partners, and others, boosting the company's pre-money valuation to $2.2 billion. With this capital, Transmit Security aims to enhance its operations, extend its global presence, and advance its mission of eliminating passwords, addressing a prevalent cybersecurity issue. Key experts from the investment firms expressed strong confidence in the company's innovative approach.