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Bizzdesign acquires Edifit, growing its product suite and consulting services capabilities



The acquisition aims to accelerate time-to-value and increase business impact for Bizzdesign’s customers

Bizzdesign has announced the acquisition of a majority stake in Edifit, an enterprise architecture software and consulting services provider. This strategic move aims to accelerate time-to-value and increase business impact for Bizzdesign’s customers, leveraging Edifit’s proven software suite and expert consulting capabilities.

“This acquisition opens new avenues for Bizzdesign’s growth, innovation, and customer success. We’re now expanding our offerings and can deliver even greater value and innovation to our customers.”

United Kingdom-based Edifit has worked as a Bizzdesign partner in the vendor’s channel network for ten years, consistently delivering high-impact business value to customers. The seamless integration of Edifit’s software product suite with the Bizzdesign platform has been in high demand, offering enhanced control over governance and content publishing.

Edifit will become part of an enterprise architecture industry leader as Bizzdesign has repeatedly been used by analysts, including being named a 2022 Gartner® Magic Quadrant Leader for Enterprise Architecture Tools for the seventh consecutive time.

“We’re excited to welcome Edifit to the Bizzdesign family,” said Nick Reed, Chief Strategy Officer at Bizzdesign. “This acquisition opens new avenues for Bizzdesign’s growth, innovation, and customer success. With their exceptional product suite and consulting services, we’re expanding our offerings and can now deliver even greater value and innovation to our customers.”

Eddie Walker, CEO of Edifit, expressed his enthusiasm: “Joining Bizzdesign, a recognized leader in enterprise architecture, marks an exciting milestone for Edifit. By aligning our expertise with Bizzdesign’s leadership, we can collectively provide unparalleled solutions and services to our customers. We’re thrilled to be part of this journey with Bizzdesign.”

The acquisition of Edifit also brings top-tier enterprise architecture consulting and training capabilities to Bizzdesign, known for consistently delivering significant business outcomes to customers. Additionally, Edifit’s software add-ins extend the features of Bizzdesign Horizzon, allowing greater platform functionality.

The add-ins include Model Governance, which automates governance of model content; Model Publication, enabling automated publishing of high-quality, signature-ready documents and presentations; and Model Exchange, facilitating model management across multiple Bizzdesign Horizzon environments.

A majority stake in Bizzdesign was acquired in 2022 by Main Capital Partners, a software investor in the Benelux, DACH and the Nordics. As of October 2021, Main has over EUR 2.2 billion of assets under management and has invested in more than 130 software companies. Main works closely with its portfolio companies as a strategic partner to realize sustainable growth and build excellent software groups.

About Bizzdesign

Founded in 2000, Bizzdesign is the trusted global SaaS Enterprise Architecture platform and is recognized as a leader by major analyst firms. We help the world’s leading public and private organizations ensure the success of investment prioritization, transformation initiatives, and risk management. Bizzdesign helps architects and executives see a full multi-dimensional picture, find and design the right path and confidently execute their targeted future. Success should not be a matter of hope. It should be by design. For more information, visit

About Edifit

Edifit is an architecture consulting and advisory company. We believe in honesty, trust and collaboration. As an SME, our success relies on enabling our clients’ successes – meaning our mission is intrinsically linked to that of our customers. We focus on ‘model-driven’ architecture as an enabler to business transformation, delivering services across the following areas: client-side advisory; portfolio & architecture management; procurement support; capability development & training; solution delivery and assurance. We are a certified Bizzdesign reseller, and we offer several Add-Ins to the Bizzdesign Horizzon platform to further enhance customer productivity.


KaarTech Expands Digital Transformation Footprint with Acquisition of Dunn Solutions Group Inc.




KaarTech , a global Digital Transformation Consulting company, is excited to announce its latest strategic move in the world of digital transformation. The company has broadened its’ capabilities and geography by successfully acquiring Dunn Solutions Group Inc. , a leading Customer Experience Solutions Consultancy headquartered in Chicago, Illinois.

Founded in 2006, KaarTech has solidified its position as a key player within the SAP ecosystem. With a proven track record of delivering digital transformation success across various sectors, including Discrete Manufacturing, Process Manufacturing, and Consumer Packaged Goods, KaarTech has carved a niche for itself. The company has also developed proprietary intellectual property, KEBS for Professional Services and KTern.AI for SAP Digital Transformation , reinforcing its reputation as a formidable force in the Digital Transformation Arena.

Founded in 1988, Dunn Solutions is headquartered outside of Chicago and has offices both in Minneapolis and Bengaluru. The company has carved its niche as a Digital Commerce and Business Transformation Consultancy. Their core mission revolves around delivering unmatched velocity and transformative solutions to their clients.

This strategic acquisition facilitated by Eiliant Advisors, a Bangalore based Investment Banking Firm, marks a watershed moment for KaarTech as it combines its extensive SAP domain expertise, especially in SAP S/4HANA, with Dunn Solutions’ prowess in Digital Customer Experience.

Speaking about the acquisition, Mr. Maran Nagarajan, CEO of KaarTech, says, “We are excited to join forces with Dunn Solutions to accelerate our vision of redefining Digital Transformation. This partnership brings together the best of both worlds – our SAP expertise and Dunn Solutions’ prowess in Customer Experience – to create a transformative force that will deliver exceptional value to our clients.”

This union not only broadens the horizontal scope of KaarTech’s services but also strengthens its commitment to providing cutting-edge digital solutions that drive business growth and competitiveness. With this partnership, KaarTech solidifies its position as a true leader in the Digital Transformation Arena.

Mr. Bill Dunn, CEO of Dunn Solutions, says “KaarTech has earned a reputation as a key driver of SAP innovation across a number of verticals over the years globally, and we are excited to join them as we look to leverage the assets and experience of Dunn Solutions to continue building on KaarTech’s success in the Digital Transformation Space.”

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Insurtech Named Among Most Innovative Insurtech Companies by FinTech Global



Prestigious InsurTech100 List for 2023 Recognizes the Austrian AI Pioneer’s Contribution to Transforming Insurance Processes today announced that they have been named to FinTech Global’s Sixth Edition of its prestigious InsurTech100 list for 2023. The ranking celebrates the groundbreaking tech companies that are developing solutions to the insurance industry’s most daunting challenges.

Our approach to intelligent document processing paves the way for insurers to explore a wealth of new opportunities, differentiating them from competitors in the digital transformation journey.

Over the last couple of years, insurance firms have faced an uphill battle to rapidly digitize their services and meet the evolving customer demands, nurturing a competitive landscape of Insurtech companies. This meant this year’s battle to earn a spot amongst the 100 InsurTech visionaries was intense. A select group of analysts and seasoned industry specialists sifted through a list of over 1,900 contenders presented by FinTech Global. The chosen few were acknowledged for their inventive technological applications either to solve a major industry challenge or to bolster efficiency throughout the insurance value chain.

“FinTech Global acknowledges for the second consecutive time’s role in revolutionizing document-centric processes within the insurance sector,” said Rainer Kegel, CEO of “It’s incredibly gratifying to be recognized for our efforts in addressing a significant industry challenge, namely reducing the need for human intervention in the document review process. Our approach to intelligent document processing paves the way for insurers to explore a wealth of new opportunities, differentiating them from competitors in the digital transformation journey.”

Quoting group benefits is probably one of the most challenging insurance processes as it requires the analysis of many documents of variable types and structures.’s intelligent document processing solution extracts, interprets and classifies complex information found in terms and provisions and is for example able to detect the best plan matching a competitor’s policy. “Large insurance carriers employ hundreds of people to manually review policies before submitting a quote for group benefits,” said Kegel. “Our solutions help them prepare more accurate quotes faster, and consequently close more deals.”’s Intelligent Document Processing (IDP) solutions leverage a unique approach to natural language understanding called Semantic Folding to reach unmatched levels of accuracy with unstructured text.’s solutions automatically search, extract and classify complex information from various documents such as insurance policies and emails with attachment, helping insurance companies eliminate quoting errors, improve customer response times and reduce labor intensive processes.

FinTech Global director Richard Sachar said, “The widespread availability of generative AI capabilities has opened the doors for even greater innovation within insurance. We’re entering a new wave of digitalization and insurance firms need to be prepared. The InsurTech100 will help top-level insurance executives in discerning the tech pioneers revolutionizing key areas like underwriting, pricing, distribution, and data analytics.”

About delivers highly efficient AI-based solutions that help enterprises unlock the value of unstructured text by leveraging a game-changing approach to Natural Language Understanding (NLU). SemanticPro is an intelligent document processing solution that accurately extracts, analyzes and classifies information based on meaning and builds the basis for document workflow automation. With more than 10 years expertise in implementing NLU solutions in the enterprise, has demonstrated its ability to solve the challenges of language ambiguity and variability across many use cases and verticals for Fortune 500 companies. has offices in the U.S. (New York and San Francisco) and Europe (Vienna).

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Boston based Startup Mona Lee Secures $3.25M Seed Round to Redefine the Clean Energy Experience for Consumers



Converting to sustainable energy can be a costly and confusing process for consumers. Mona Lee is moving the clean energy industry forward with its innovative and customer-centric approach, allowing homeowners to install solar panels and storage for 40-50% lower costs than what the competition offers.

Mona Lee, a Boston-based startup founded by former Tesla employee Walid Halty, has announced the successful closure of a $3.25 million seed funding round. The round included investments from prominent players in the technology and consumer sectors, such as Ludlow Ventures, Shrug VC, Palm Tree Crew (founded by Norwegian DJ Kygo), Coalition Operators, Plug and Play Ventures, and The Pags Group, owned by Boston Celtics’ owner Steve Pagliuca.

“Residential clean energy is a massive opportunity and we are excited to be redefining the buying and installation experience for eager consumers,” said CEO and Cofounder Walid Halty.

Mona Lee is on a mission to make solar, storage and EV charging installation for homes affordable and hassle-free. Since its launch, the company has experienced remarkable growth, installing in over 7 states with over 150 new customers per month and an average cost-per-order of $28,000.

The potential for growth in the home solar and storage industry is staggering, with an estimated $250 billion opportunity over the next six years alone. With 142 million homes in the U.S. and only 2 million having switched to solar in the past two decades, Mona Lee aims to tap into the remaining 140 million homes expected to adopt solar power alone by 2029.

The passage of the Inflation Reduction Act has fueled consumer interest in clean energy in recent years and Mona Lee has met the moment. The company’s unique selling proposition lies in its AI-powered buying experience. Mona Lee’s technology demystifies the process of designing and purchasing a complete solar panel and storage system for homes, while cutting costs for consumers by 40-50%.

Mona Lee’s CEO, Walid Halty, shared his excitement about the company’s recent funding success, stating, “This funding round is a testament to the need for Mona Lee’s innovative approach in the home solar and storage industry. We are committed to making solar and storage installation a no-brainer for all homeowners, and this investment will allow us to further accelerate our growth and expand our reach.”

With its innovative technology and commitment to bringing affordable and seamless solar and storage installation to homes across the country, Mona Lee is poised to redefine the clean energy experience for consumers.

About Mona Lee

Mona Lee is a Boston-based startup co-founded by Walid Halty, an ex-Tesla employee. The company is focused on making solar installation affordable and hassle-free for homeowners. With its AI-powered design and buying experience, Mona Lee aims to simplify the process of purchasing and installing a complete solar panel system–enabling every home to fulfill its own energy needs, while contributing to a more sustainable future.

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