Technology
Instructure Announces Release of AI Features, K-12 and Higher Ed U.S Access to Khanmigo Teacher Tools; AWS Powers Safe, Secure AI Tools at Scale
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Major product innovations for the Instructure Learning Ecosystem support the lifelong learning journey with a focus on AI and enhancements to insights and edtech effectiveness
SALT LAKE CITY, July 10, 2024 /PRNewswire/ — Instructure, the leading learning ecosystem, announced major AI innovations, partnerships and significant core LMS enhancements to increase educator efficiency and improve student success at its annual InstructureCon conference. Product innovation is focused on key areas: AI, insights, edtech effectiveness and the lifelong learning journey. The company also announced the launch of a standalone product, Instructure Intelligent Insights.
From responsible integration of AI tools that enhance learning through personal connection to a more cohesive user experience with Canvas serving as the hub of all teaching and learning, the innovation announced by Instructure is designed to power a lifelong learning journey and turn education into opportunities. At InstructureCon 2024, new AI product announcements included features developed directly within Instructure products, a number of well-tested partner integrations, including Khan Academy’s Khanmigo Teacher Tools and updates that enable partners to develop context-aware AI experiences within Canvas.
“We’re excited to announce substantive innovations to the Instructure Learning Ecosystem, with a strong focus on Canvas built in close partnership with our customers,” said Shiren Vijiasingam, Instructure’s Chief Product Officer. “We started with equitability in mind, addressing use cases that would help create a more level playing field for all learners while honoring the expertise of the educator.”
A Rich Landscape of AI Content Generation
Instructure leverages internally developed tools and those of its network of over 1,000 partners to help educators harness the power of AI. One such area is AI-assisted content generation, with an ever-growing landscape of available tools. One way the company will meet the rapidly growing educator demand for AI-assisted content generation is by announcing the upcoming availability of a Canvas integration with a teacher favorite, Khanmigo Teacher Tools.
Khan Academy: Khanmigo Teacher Tools
Instructure announced the seamless integration of Khanmigo Teacher Tools, directly within Canvas and available later this year for all customers in the United States. Khanmigo simplifies AI for teachers and generates high-quality, trustworthy outputs they can modify and co-edit with AI support. This integration includes access to over 20 tools in Canvas—helping educators plan lessons, generate questions, draft newsletters, write letters of recommendation, prep substitutes and more. By accessing Khanmigo from Canvas, educators can smoothly transition between planning, grading and student communication all within Canvas.
Updates to Move AI Beyond Content Generation
Beyond content generation, Instructure also announced holistic updates that go even further in supporting institutions by partnering with them to develop their AI policies and plans, accelerate teaching and learning practices and implement their own transformative AI solutions. The company is making its new AI tools freely available for Canvas customers and working with AWS to safely, securely and efficiently scale to its community of tens of millions of educators and learners at more than 7,000 organizations around the world.
“With the LMS at the center of teaching and learning, Instructure is uniquely positioned to support institutions on their full AI journey,” said Vijiasingam. “Not only can we connect our customers with a vast ecosystem of integrated content and efficiency tools, but we can also accelerate key learning experience workflows and help them transform to a future where AI is a core part of everything they do.”
Tools that Prepare Institutions to Adopt AI
Nutrition Facts
Instructure has published “AI nutrition fact” labels on all first- and third-party AI tools that integrate with its products, providing an unprecedented level of transparency into the LLMs and data policies of the tools in use. Nutrition facts on third-party AI tools are available on the Emerging AI Marketplace, giving institutions greater decision-making capability in service of safe technology use.LTI Certification
With the upcoming launch of the Instructure Certified LTI Apps program, Instructure announced its plans to enable integration partners to set themselves apart, meet integration best practices–including those for AI data privacy–and provide safe, seamless experiences with tools inside of Canvas.
AI Tools that Scale and Enhance Teaching and Learning
Discussion Summaries
Educators can create customizable summaries of long and complex discussion threads, a feature especially useful for large-format classrooms.Translation of Inbox Messages and Discussions
Educators can leverage real-time, context-sensitive translation of content across 100 languages, an ideal feature for students who may not speak the language of instruction or for students who aren’t fluent in the course language.Smart Search
Smart Search allows users to search across Canvas course content while returning results that recognize the relationship between concepts—for example, searching for “guitar” will return results about violins because they’re both stringed instruments.
Tools that Enable Institutions to Adopt and Create Their Own AI Solutions
Smart Search API
The Smart Search API vectorizes Canvas course content so that LLMs or third-party AI tools have the context they need to produce more relevant results. This API, the first of its kind in an LMS, is now available to customers and partners.Institutional LLM-powered Features
Instructors should have the flexibility to select the best tools for their instructional needs, so Instructure supports a seamless and safe experience as institutions integrate Canvas with their own LLMs. Instructure already enables several institution-driven self-hosted AI deployments, extending deeply embedded AI experiences within Canvas.Enhancing seamless AI assistant experiences in Canvas
A new top navigation placement and postMessage API now allow students to interact with AI Assistants directly within their course content, without leaving their learning environment.
Intelligent Insights Product Launch
Instructure announced the launch of Intelligent Insights, which leverages AI and analytics to help educators make data-informed decisions that improve teaching and learning outcomes. With this new product, educators get insights about students in need of attention, course readiness, LTI usage and more. They can also use Ask Your Data, a conversational AI feature, to ask and answer questions in natural language.
Core Teaching & Learning Innovation
Instructure developed a customer innovation program to drive a series of improvements to the Canvas experience. Over 60 product enhancements resulted, including improvements to everyday educator workflows, an optimized feedback loop, increased personalization and streamlined communication within Canvas LMS. In addition, new features will be available throughout the year including:
Block Editor
Currently in Beta, Block Editor includes a drag-and-drop editor interface for easy content creation and is free for all Canvas users.Selective Release of Modules
Educators can differentiate instruction and personalize learning content for students through the release of modules to individuals and sections.Canvas Rubric Enhancements
Canvas rubric enhancements pair a cleaner user interface with easier workflows for creation and marking, facilitating consistency and fair evaluation. The company plans to release student self-assessment capabilities by the end of the year.Discussion Checkpoints
Students can engage in deeper, more meaningful discussions with classmates with clear checkpoints to guide their way.
Product Updates to Support EdTech Effectiveness
Education leaders need insights and tools to optimize edtech efficiency, adoption and impact, both within and outside the LMS. These new features will help institutions engage with the Instructure partner network and take full advantage of the openness and extensibility of Canvas:
EdTech Collective Marketplace
This public-facing Instructure EdTech Collective partner product directory will allow users to search for Canvas-integrated tools by relevant criteria including grade levels, subject and more. Listings for each product will include basic overviews plus important information about LTI configuration.Canvas Apps Page
This central hub for LTI tool discovery and management will increase administrator efficiency and power informed edtech decision-making inside of Canvas. It includes comprehensive partner listings, recommendations and LTI configuration resources to help elevate the most effective tools as well as a streamlined LTI installation and management experience.Expanded LTI Tool Usage Data and Analytics for Impact Customers
By bringing LTI usage data into Impact, administrators will have access to actionable insights that help them drive engagement and best practices based on an understanding of how LTI tools are being used. Administrators can seamlessly launch campaigns within Impact to better support educators and students and get the most out of their edtech tools.
Supporting the Lifelong Learner Journey: Portfolio and Journey
Instructure announced its vision for the lifelong learning experience, which includes an Integrated LMS, Portfolio, Credentialing and Journey (Learner Record). Instructure has been building this through the additions of Portfolium, Concentric Sky, Parchment and Scribbles. The company is continuing to invest in a new lifelong learning experience by bringing together portfolios and credentials into one learner view. This will enable achievements to be housed and ultimately recognized by institutions and employers.
Canvas Catalog – Enterprise Storefront
Instructure is investing in Canvas Catalog to make lifelong learning initiatives more scalable and interoperable with customer CRMs, with Salesforce as its premier partner in this space. With user-defined fields designed to help identify monetization opportunities, institutions can better optimize course offerings.Credentials – Industry Standards Alignment
Instructure also reinforced its continued investment in standards alignment as it creates digital credentials. In the digital credentialing world, interoperability and compliance with industry standards will bolster scalability, security, privacy and validity. Instructure products will adhere to OB 3.0 and CLR 2.0 standards.Scaling Credentials Programs
Institutions need to scale credentialing programs across a wide range of courses and programs to better meet emerging learner needs. Instructure announced features to deliver more flexible, personalized lifelong learning experiences, including accessible pathways, removed badge requirements and removed course copy and blueprint.Mastery View College Prep Assessments
Institutions will save time and money otherwise spent on scanning, grading and printing by administering Mastery View College Prep Assessments online. Assessment item banks are immediately available for purchase separately as add-ons to Mastery Connect. Digital college readiness assessments are also now available, helping students prepare for high-stakes tests, such as the ACT, as they move to an online format.
The InstructureCon 2024 event takes place from July 9 to July 11 at the Venetian Resort in Las Vegas. It features prominent keynotes from Jimmy Chin, Mary Murphy and Dr. Jordan Nguyen and addresses some of the most impactful edtech trends and how to adapt to the modern learner journey. With over 260 sessions to choose from, attendees will learn classroom-tested best practices, dive into the latest innovation and collaborate with other Instructure community members focused on driving student success.
For more information about InstructureCon, check out the Frequently Asked Questions page and the event agenda.
FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements are based on our management’s beliefs and assumptions and on information currently available to our management. All statements other than statements of historical facts are “forward-looking statements” for purposes of these provisions, including those relating to future events or our future financial performance and financial guidance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “should,” “expect,” “plan,” “anticipate,” “project,” “believe,” “estimate,” “predict,” “potential,” “intend,” or “continued,” the negative of terms like these or other comparable terminology, and other words or terms of similar meaning in connection with any discussion of future operating or financial performance. These statements are only predictions. You should not place undue reliance on our forward-looking statements. These statements are not guarantees of future performance and are subject to future events, risks and uncertainties, many of which are beyond our control, or currently unknown to us. Our assumptions may turn out to be inaccurate and cause actual events or results to differ materially from our expectation or projections. We discuss many of these risks, uncertainties and other factors in greater detail in the Company’s annual report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on February 21, 2024 and as may be described from time to time in future reports we file with the SEC. All forward-looking statements included in this press release are based on information available to us on the date hereof, and we expressly disclaim any obligation to update any such forward-looking statements, except as required by law.
ABOUT INSTRUCTURE
Instructure (NYSE: INST) powers the delivery of education globally and provides learners with the rich credentials they need to create opportunities across their lifetimes. Today, the Instructure ecosystem of products enables educators and institutions to elevate student success, amplify the power of teaching, and inspire everyone to learn together. With our global network of learners, educators, partners and customers, we continue to deliver on our vision to be the platform that powers learning for a lifetime and turns that learning into opportunities. We encourage you to discover more at www.instructure.com.
CONTACT:
Brian Watkins
Corporate Communications
Instructure
(801) 658-7525
brian.watkins@instructure.com
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SOURCE Instructure
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BTQ Technologies’ QSSN Selected as Core Security Infrastructure for South Korea’s First Bank-Led KRW Stablecoin Proof-of-Concept
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May 6, 2026By
BTQ provides strategic advisory support and QSSN as core PQC security infrastructure for the iM Bank initiative on the Kaia mainnet, advancing post-quantum migration across global financial infrastructure
BTQ has been selected as the core post-quantum cryptography security technology provider for South Korea’s first bank-led KRW stablecoin proof-of-concept, delivering its Quantum Secure Stablecoin Settlement Network (“QSSN”) for the initiative.
BTQ is providing strategic advisory support and helping coordinate implementation across the partnership with iM Bank and Finger, supporting the integration of post-quantum protections into regulated digital money infrastructure.
Built on the Kaia mainnet, the proof-of-concept is connected to the blockchain ecosystems originally developed by Kakao and LINE, linking the initiative to two of the largest messaging and digital platform ecosystems in Korea and Japan.
VANCOUVER, BC, May 6, 2026 /PRNewswire/ – BTQ Technologies Corp. (“BTQ” or the “Company”) (Nasdaq: BTQ) (CBOE CA: BTQ), a global quantum technology company focused on securing mission-critical networks, today announced that it it has been selected as the core PQC security technology provider through its Quantum Secure Stablecoin Settlement Network (“QSSN”) in a proof-of-concept with its Korean strategic partner, Finger Inc. (“Finger”), and iM Bank, a leading Korean commercial bank, for South Korea’s first bank-led Korean won stablecoin infrastructure incorporating post-quantum cryptography (“PQC”).
The proof-of-concept represents more than a technical pilot. It marks an important step in bringing next-generation quantum security into banking infrastructure within Korea’s regulated financial system. In addition to providing QSSN as the core PQC security framework, BTQ is contributing consulting and strategic coordination across the three-way partnership, helping align the project’s security architecture, implementation approach, and long-term post-quantum migration objectives.
“Post-quantum migration requires more than a cryptographic upgrade. It requires coordination across infrastructure, implementation, and institutional stakeholders,” said Olivier Roussy Newton, Chief Executive Officer of BTQ Technologies. “In this initiative, BTQ is providing both strategic advisory support and QSSN as the post-quantum security architecture, while helping lead coordination across the three-way partnership. We believe this proof-of-concept demonstrates how financial institutions can begin integrating quantum-resilient protections into digital money systems in a practical and operationally viable way.”
South Korea’s First Bank-Led PQC Stablecoin Infrastructure Initiative
BTQ is working alongside iM Bank and Finger on a three-way initiative to validate the issuance and distribution infrastructure for a Korean won stablecoin. In addition to supplying QSSN as the PQC security layer, BTQ is providing consulting support and helping to guide coordination across the partnership as the parties evaluate how to integrate post-quantum protections into bank-led digital asset infrastructure.
The proof-of-concept will validate several key components, including real-time reconciliation between bank reserves and blockchain-issued supply, a global-standard smart contract architecture, connectivity to global infrastructure for overseas distribution, and the integration of a PQC-based dual-signature security structure. By applying BTQ’s PQC signature architecture alongside the existing ECDSA cryptographic framework, the system is designed to preserve operational continuity for financial institutions while proactively addressing future quantum computing threats.
Built on Kaia Mainnet
A notable feature of the proof-of-concept is that it will be implemented on the Kaia mainnet, one of Korea’s leading Layer 1 blockchain networks. Kaia was created through the merger of Klaytn, the blockchain originally developed by Kakao, and Finschia, the blockchain associated with LINE. Kakao and LINE sit at the center of two of the largest messaging and digital platform ecosystems in Korea and Japan, respectively, making Kaia a significant piece of regional digital infrastructure.
Klaytn previously participated in the Bank of Korea’s CBDC pilot ecosystem, and the Bank of Korea has continued to advance CBDC testing through initiatives such as Project Hangang.
By combining BTQ’s PQC technology with blockchain infrastructure tied to the Kakao and LINE ecosystems, the proof-of-concept is intended to establish a model that aligns institutional-grade security, blockchain scalability, and evolving regulatory requirements for digital money infrastructure.
QSSN as the Security Layer
The PQC security foundation for the initiative is BTQ’s Quantum Secure Stablecoin Settlement Network, or QSSN, a quantum-secure network architecture designed for stablecoin, tokenized deposit, payment, and digital asset infrastructure. QSSN is designed to protect critical issuer functions, including stablecoin issuance, burning, transfer authority, upgrade control, and administrative permissions, by integrating PQC-based signatures while maintaining existing user experience and operational workflows.
BTQ has previously announced that QSSN was highlighted in the U.S. Post-Quantum Financial Infrastructure Framework (“PQFIF”) as a model architecture for post-quantum digital money infrastructure. The Company has also positioned QSSN as a standards-oriented initiative advanced through QuINSA and aligned with emerging post-quantum financial infrastructure requirements.
Addressing the Harvest-Now, Decrypt-Later Risk
The timing of the proof-of-concept reflects the growing urgency surrounding the “Harvest-Now, Decrypt-Later” risk, in which attackers may collect encrypted financial data today and decrypt it later once sufficiently advanced quantum capabilities emerge. Global institutions are already accelerating post-quantum migration. The U.S. National Institute of Standards and Technology (“NIST”) has finalized its first set of post-quantum cryptography standards, including ML-DSA, ML-KEM, and SLH-DSA, while major technology companies and financial institutions continue to define their own post-quantum transition timelines.
BTQ’s QSSN addresses this challenge through a dual-signature design that allows existing ECDSA-based infrastructure to operate in parallel with NIST-aligned PQC signatures such as ML-DSA. This approach enables banks and payment infrastructure providers to begin a phased transition toward quantum-safe security without disrupting existing systems.
Expanding BTQ’s Korean Ecosystem
BTQ continues to expand its Korean ecosystem across digital assets, payments, banking infrastructure, and hardware-based security. In October 2025, BTQ announced that Finger had joined Danal as an early participant in BTQ’s QSSN pilot program, with the initiative expected to progress from proof-of-concept toward commercialization under QuINSA-aligned guidelines and broader industry frameworks such as PQFIF.
The commencement of the iM Bank proof-of-concept represents an important commercial signal for BTQ, indicating that demand for post-quantum migration among Korean financial institutions is beginning to move from policy discussion toward infrastructure-level implementation. As Korea advances both quantum technology policy and stablecoin-related regulatory discussions, BTQ believes QSSN is well positioned at the intersection of regulated finance, digital asset infrastructure, and post-quantum security.
About iM Bank
iM Bank is a South Korean commercial bank and a subsidiary of DGB Financial Group. Headquartered in Daegu, iM Bank presents itself as a financial companion for customers and traces its roots to Daegu Bank, which was established in 1967 as Korea’s first regional bank. For more information, please visit https://www.imbank.co.kr/
About Finger Inc. Group
Finger supplies and develops financial IT solutions to provide optimized money management strategies for employees and corporate customers. Providing “Smartphone Financial Services”, “Corporate Cash Management Services” for businesses, “Private Wealth Management Services” for private consumers.
Since the year 2000, Finger has accumulated a number of awards and patents regarding its businesses. Based on its Mobile Enterprise Application Platform(MEAP) Orchestra and its funds management system using screen-scrapping technologies, Finger was the first company in Korea to deliver a smartphone banking banking-service. For more information, please visit http://www.finger.co.kr/
About BTQ
BTQ Technologies Corp. (Nasdaq: BTQ | Cboe CA: BTQ) is a quantum technology company focused on accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio and deep technical expertise, BTQ is advancing a full-stack, neutral-atom quantum computing platform spanning hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.
Connect with BTQ: Website | LinkedIn | X/Twitter
ON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, Chairman
Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as “anticipate”, “intend”, “expect”, “plan” or “may” and the variations of these words are intended to identify forward-looking statements and information.
The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.
Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company’s research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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SOURCE BTQ Technologies Corp.
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Zimmer Biomet to Present at the BofA Securities 2026 Health Care Conference
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May 6, 2026By
WARSAW, Ind., May 6, 2026 /PRNewswire/ — Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced that members of the Zimmer Biomet management team will participate in the Bank of America Securities Health Care Conference on Wednesday, May 13, 2026, with a fireside chat at 8:40 a.m. PT (11:40 a.m. ET).
A live audio webcast can be accessed via Zimmer Biomet’s Investor Relations website at https://investor.zimmerbiomet.com. It will be available for replay following the fireside chat.
About Zimmer Biomet
Zimmer Biomet is a global medical technology leader with a comprehensive portfolio designed to maximize mobility and improve health. We seamlessly transform the patient experience through our innovative products and suite of integrated digital and robotic technologies that leverage data, data analytics and artificial intelligence.
With 90+ years of trusted leadership and proven expertise, Zimmer Biomet is positioned to deliver the highest quality solutions to patients and providers. Our legacy continues to come to life today through our progressive culture of evolution and innovation.
For more information about our product portfolio, our operations in 25+ countries and sales in 100+ countries or about joining our team, visit www.zimmerbiomet.com or follow on LinkedIn at www.linkedin.com/company/zimmerbiomet or X at www.x.com/zimmerbiomet.
Contacts:
Media
Investors
Troy Kirkpatrick
David DeMartino
614-284-1926
646-531-6115
troy.kirkpatrick@zimmerbiomet.com
david.demartino@zimmerbiomet.com
Kirsten Fallon
Zach Weiner
781-779-5561
908-591-6955
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SOURCE Zimmer Biomet Holdings, Inc.
Technology
NextLadder Ventures Announces Co-Founder Leadership Team, Investment Focus Areas For Over $1 Billion Initiative Empowering Americans with Personalized, Tech-Enabled Support Tools
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5 hours agoon
May 6, 2026By
New senior hires from Google and The Collaborative Fund to lead product strategy and venture investing
Fund unveils first investment focus areas to catalyze new ‘Navigation Technology’ market, equipping Americans with cutting-edge tools to achieve economic security, opportunity and empowerment
ST. LOUIS, May 6, 2026 /PRNewswire/ — NextLadder Ventures, a new fund backed by more than $1 billion in capital, today announced its priority investment areas for building a new market for “Navigation Technology” (NavTech) — tools that provide Americans with personalized solutions to navigate life’s challenges and achieve greater economic mobility — and announced its co-founding team, including two new senior hires.
The fund’s active focus areas are based on extensive research identifying the key experiences and high-stakes decision points that have an outsized impact on American families’ economic mobility. Launched investment areas include financial health, career navigation, and benefits and social services access, with further exploration underway around housing, legal aid, justice and re-entry, and mental and physical health.
The organization is also today welcoming two senior leaders: Lauren Loktev is joining NextLadder as Managing Director of Investments and Brigitte Hoyer Gosselink as Managing Director of Product. Loktev was most recently a partner at the Collaborative Fund, where she backed several breakout companies in early child development, education, and sustainability. Gosselink comes to NextLadder from Google, where she led the company’s AI and social impact portfolio. They join a growing team which has deep expertise at the intersection of economic mobility, technology, public policy, and philanthropy.
NextLadder’s Focus Areas for Investment
Today, the fund is kicking off a plan to deploy $1 billion over the next seven years to accelerate the design, development, and deployment of accessible NavTech tools that aim to help families more successfully navigate the major life experiences that determine whether they get ahead or fall behind. As NextLadder’s inaugural frontier AI lab partner, Anthropic is supporting the build-out of the organization’s AI-native capabilities and is offering technical assistance to NextLadder’s portfolio organizations.
As an increasing proportion of Americans across income levels find themselves overextended and overwhelmed, NavTech tools are designed to help individuals and families understand their options, connect to information and resources, and take action to recover from a setback or take advantage of an opportunity and reclaim their economic futures.
“Life is getting harder, and too many Americans are stuck facing some of the most complex and consequential moments of their lives without much support,” said Ryan Rippel, CEO of NextLadder Ventures. “Every day, millions in this country face fork-in-the-road decisions that have major implications on whether they climb up the economic ladder or fall farther behind. AI has understandably intensified many Americans’ anxieties about their jobs and their security in the economy. But these technologies are now also making it possible to deliver highly personalized, affordable tools to meet the needs of tens of millions of Americans in a way that has never been practically achievable or financially viable before. With NavTech tools, built for the reality of families’ everyday experiences, we can empower Americans to overcome setbacks, navigate life’s toughest financial decisions, and build more secure futures.”
NavTech tools, built with the needs of individuals, families, and trusted community partners at the center of their design, have the potential to ease burdens most acutely faced by 90 million Americans who live in households that have difficulty in paying for usual home expenses, and turbocharge the capacity of the 1.6 million community workers in non-profit or local, state, and federal government roles who serve them. This growing category of digital technologies includes tools that help families access opportunities such as personalized financial advice and legal aid, get connected with available resources and programs, and manage unexpected hurdles like losing a job or facing an eviction – while freeing social workers and service providers to spend more time on people and less time on red tape and paperwork.
The fund’s active investment areas include:
Financial Health: Developing highly personalized, AI-powered financial health tools that can provide tailored, sustained counsel to help users build savings and protect and recover from financial shocks;
Career Navigation: Building tools to support career navigation, manage and support career transitions, and help workers, case managers, and employers identify pathways to living wage work — all designed to help people successfully find the right jobs for them.
Benefits & Social Services Access: Helping eligible Americans seamlessly identify and enroll in all the benefits and social services available to them, particularly those that support career navigation and transitions, help them navigate critical life moments, and achieve stability toward economic opportunity.
NextLadder is exploring additional focus areas, including housing, legal aid, justice and re-entry, caregiving, and mental and physical health. More on the organization’s vision of these focus areas is available HERE.
In addition to backing direct NavTech solutions, NextLadder is investing in the developers, partners, and standards required to build a durable, self-sustaining market. Across all focus areas, the fund is prioritizing efforts to ensure NavTech tools are reliable, protect users’ privacy, and are trusted by the families who depend on them.
NextLadder’s Co-Founder Leadership Team
NextLadder’s five co-founders will be CEO Ryan Rippel, Chief Strategy and Operations Officer Rhett Dornbach-Bender, Chief of Staff Callie Schwartz, and the two new senior hires: Managing Director of Investments Lauren Loktev and Managing Director of Product Brigitte Hoyer Gosselink, rounding out the fund’s expertise in investing, technology, and impact.
“We’re thrilled to welcome Lauren and Brigitte to the NextLadder team,” said Rippel. “Brigitte has spent her career proving that when applied purposefully, AI and technology can deliver meaningful benefits for communities, and she’ll set the bar for what NavTech tools can deliver for American families today and in the years to come. And with her deep experience backing mission-driven founders, Lauren is the perfect leader to build our venture practice from the ground up and accelerate the growth of the NavTech field. With this team in place, we’re positioned to make NavTech tools easier to build, fund, and access so they reach the people who need them most.”
Loktev brings 15 years of venture capital experience investing at the intersection of for-profit and for-good. Most recently at Collaborative Fund, she backed several companies to significant scale and launched Collab+Sesame, a first-of-its-kind thematic seed fund in partnership with Sesame Workshop focused on early childhood education. At NextLadder, she will build and lead the fund’s venture practice, sourcing and scaling investments in the founders building the next generation of NavTech tools.
“We have a once in a generation opportunity to help steer AI solutions toward those who need them most,” said Loktev. “Many amazing, accomplished founders see this too, and they are on a mission to build scalable, transformative businesses in the critical verticals that help people navigate life-changing moments. I couldn’t be more excited to join NextLadder and to support the most inspiring leaders building this market from the ground up. Thanks to our unique, long-term mandate, we can be creative and flexible in investing across stage and check size to partner with the entrepreneurs and leaders we believe will change the world.”
Prior to her role at NextLadder, Gosselink spent over a decade at Google in several roles including Director of AI and Social Impact, directing more than $500 million in funding for organizations applying AI to address challenges including crisis response, education, and economic opportunity. At NextLadder, she will lead AI and product strategy across the fund’s portfolio, backing solutions and setting market-wide standards for how NavTech tools are designed, evaluated, and improved over time.
“If we collectively harness the AI transformation strategically and purposefully, we can transform the way Americans are empowered to access greater economic mobility,” said Gosselink. “We believe that people-centered products, combined with shifts in the market and the services available to families, can fundamentally reshape how millions of Americans navigate critical moments and achieve prosperity on their own terms.”
To request interviews from the NextLadder Ventures leadership team, contact media@nextladder.com.
About NextLadder Ventures
NextLadder Ventures is a time-bound venture with one goal: empower millions of Americans to reach their potential by 2040. Backed by over $1 billion in capital, the organization invests in breakthrough technologies that remove barriers to economic success and put people in control of their futures. NextLadder Ventures is trailblazing a new market for tech-enabled Navigation Technology tools that help people access the resources they need to navigate pivotal moments — offering flexible, risk-tolerant capital to entrepreneurs building these transformative tools today, while creating a pipeline of tech, talent, and capital for the long run.
SOURCE NextLadder Ventures
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Whiteboard Series with NEAR | Ep: 45 Joel Thorstensson from ceramic.network
NEAR End of Year Town Hall 2021: The Open Web World, MetaBUILD 2 Hackathon and 2021 recap
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