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AI-Powered Construction Data Platform, PinPoint Analytics, Secures $3.2MM Investment Led by HG Ventures

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AI startup poised to transform $200B+ construction industry

MANALAPAN, N.J., Sept. 16, 2024 /PRNewswire-PRWeb/ — PinPoint Analytics, a startup that harnesses the power of artificial intelligence (AI) to streamline the road construction industry’s bidding and estimating process, has secured $3.2MM in seed funding. The funding round was led by HG Ventures, the corporate venture arm of The Heritage Group, and Compose VC participated.

Contractors can save hundreds of hours on the typical estimating process and still deliver a bid that has the lowest overall cost while optimizing margin.

Contractors in the $200B+ construction industry have long struggled to access and leverage the massive amount of valuable data buried in historical project bids and elsewhere in ways that would enable them to prepare more accurate competitive bids for infrastructure and building projects. PinPoint Analytics solves this challenge by using historical bid results and advanced algorithms to analyze millions of data points, enabling users to optimize their cost estimates.

Better Data for a Better Bid Process

The PinPoint Analytics platform analyzes and makes recommendations based on variables including materials, labor, equipment, supply chain logistics, and competitor analysis, automatically adjusting for seasonality, geography, and market conditions.

Contractors can save hundreds of hours on the typical estimating process and still deliver a bid that has the lowest overall cost while optimizing margin. Meanwhile, government agencies and their engineering partners using the platform can efficiently put together project budgets with accurate real-time trend analysis, cutting down on inaccurate estimates and costly delays and re-bids.

PinPoint Analytics was co-founded by CEO Jim Carr, a seasoned entrepreneur with multiple successful startup exits. Carr has two decades of startup and professional experience in data and analytics and is complemented both by his team of experts in the heavy construction industry as well as that of The Heritage Group. Long time advisor, Mark Zuradai, is moving into a full-time role as Chief Operating Officer, leveraging his vast entrepreneurial experience in product, tech, artificial intelligence, and sales and marketing.

“Until now, construction companies’ estimating teams have had to make do with a labor-intensive process that relies on human judgment to fill in the gaps in the available data,” said Carr. “Our platform leverages all the recent advances in AI and machine learning to remove the guesswork, saving a massive amount of time, producing higher quality estimates in a matter of minutes.”

HG Ventures Managing Director, Kip Frey, will take a seat on the PinPoint Analytics board. “We are always seeking investments with the potential to transform the industries in which The Heritage Group operates, and PinPoint Analytics is a great example of that,” said Frey. “We have long understood that the use of machine learning is critical to the future success of the construction industry, but existing software solutions only provide a partial picture. PinPoint’s advanced algorithms change the game, and we see huge advantages for the whole sector.”

About PinPoint Analytics

PinPoint Analytics is a pioneering artificial intelligence-driven platform that revolutionizes construction data management and analysis. By leveraging advanced machine learning algorithms, PinPoint analyzes vast quantities of data, enabling general contractors in the public construction sector to achieve remarkable success. Through PinPoint, contractors gain a competitive edge, securing more bids, optimizing profit margins, and significantly reducing the time typically required for complex manual estimates. Additionally, PinPoint empowers municipalities to establish accurate budgets for their projects, minimizing financial risks and avoiding the need for costly re-bidding procedures.

About HG Ventures

HG Ventures is the corporate venture arm of The Heritage Group, headquartered in Indianapolis, Indiana, USA. HG Ventures supports innovation and growth across The Heritage Group by investing and partnering with innovative, high-growth companies to support a sustainable future. The firm leverages the world-class expertise of The Heritage Group operating companies and research group to offer a unique value proposition to its portfolio company partners.

Media Contact

Jon Meakin, Coldharbour Communications, PinPoint Analytics, 1 (917) 624-3227, jon@coldharbourcomms.com, https://www.pinpointanalytics.ai/ 

View original content to download multimedia:https://www.prweb.com/releases/ai-powered-construction-data-platform-pinpoint-analytics-secures-3-2mm-investment-led-by-hg-ventures-302248692.html

SOURCE PinPoint Analytics

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Asian Hall of Fame Heritage Gala Highlights Impactful Legacy

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Benefit supported Women In Tech, Entertainment, Science & Sports Scholars

LOS ANGELES, May 13, 2026 /PRNewswire/ — Global ambassador Asian Hall of Fame highlighted positive messages of interracial synergy with its Heritage Gala on May 1, 2026 at the iconic Biltmore Los Angeles. CBS LA Anchor Suzie Suh served as Master of Ceremonies of the festive Asian Heritage Month celebration brought to life by vibrant heritage costumes representing Asia, Latin America, and the U.S. Virgin Islands. The intergenerational benefit funded Women In Tech, Entertainment, Science & Sports (WinTESS) scholarships for 103 applicants from all racial backgrounds.

Guests from California, Washington, Oregon, Hawaii, and New York applauded the Class of 2026 Official Announcement, including Asian Hall of Fame’s first-ever Major League Baseball Inductee Hideo Nomo, nominated by the Los Angeles Dodgers, and DTLA muralist Robert Vargas as Goodwill Ambassador.

Dedicated San Marino philanthropist and Board of Governors Chairwoman Melinda Rogers was honored as the 2026 Woman of the Year, with a moving speech presented by her younger brother William Rogers. Chairwoman Rogers highlighted the endearing impact of family, and delighted audiences with her custom Korean hanbok, designed alongside Anna Kim at her Koreatown boutique.

Distinguished philanthropist Loida Nicolas Lewis (Inductee 2007) shared an inspiring fireside chat with stories of family legacy and community empowerment. Guests received commemorative autographed memoirs, and complimentary gifts from Nan Yang Delight and SUP. Inductees in attendance were Marc Anthony Nicolas, Kristen Lui, incoming Inductees Kitty Lo and Maggie Tseng, Official Design Partner of the 2026 Season.

The dramatic Heritage Costume Show, sponsored by Meridien Vacation Homes, presented pageant holders including a Rose Pageant Princess, Miss Asia USA, Miss Teen Latina Global, Hi-Teen USA, Miss International U.S. Virgin Islands, Miss Taiwanese American, and Mrs. Asia Glamour.

Maki Mae performed from her upcoming album release with pianist Jason Lo and cellist Ryan Phipps. Walter Nishinaka and Los Angeles Taiko Collective kicked off raffle drawings, including an 18-carat gold ring donated by long-standing supporter Vartan Kazanjian, owner of Estate Jewelers of South Pasadena.

ABOUT ASIAN HALL OF FAME
Established in 2004, Asian Hall of Fame strengthens interracial synergy by advancing mainstream recognition of Asian and Native legacy. Inductees include Connie Chung, Kristi Yamaguchi, Margaret Cho, amongst others. Contact: press@asianhalloffame.org, (626) 600-9418, www.asianhalloffame.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/asian-hall-of-fame-heritage-gala-highlights-impactful-legacy-302771594.html

SOURCE Asian Hall of Fame

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Notice of Data Privacy Incident

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MOUNT STERLING, Ill., May 13, 2026 /PRNewswire/ — Brown County

Brown County, Illinois provides notice of a data privacy incident involving personal information of certain county constituents and staff.

What Happened? On April 3, 2025, we received alerts of unusual activity in one of our email accounts. We launched an immediate investigation, and retained independent cyber incident response specialists to assist. The investigation determined that two email accounts experienced unauthorized access. We have no evidence of fraud or identity theft from this incident.

What Information Was Involved. The information involved varied by individual, and may have included a first and last name along with a Social Security number, driver’s license number, government issued identification number, medical information, or health insurance information.

What We Are Doing. In addition to the above, we are offering complimentary credit monitoring and identity protection services to individuals whose Social Security numbers were believed to be involved.

What You Can Do. Generally, it is best practice to remain vigilant for incidents of identity theft and fraud from any source by reviewing your account statements and credit reports for suspicious activity and errors. If you discover any suspicious or unusual activity, promptly contact your financial institution or service provider.

Individuals are entitled to one free credit report annually from each of the three major credit reporting bureaus, TransUnion, Experian, and Equifax. To order a free credit report, visit www.annualcreditreport.com or call 1-877-322-8228.

Individuals may further learn about identity theft, fraud alerts, credit freezes, and the steps to take to protect personal information by contacting the credit reporting bureaus, the Federal Trade Commission (FTC), or state Attorneys General. The FTC encourages those who discover that their information has been misused to file a complaint with them. It may be reached at 600 Pennsylvania Ave. NW, Washington, D.C. 20580; www.identitytheft.gov; 1-877-ID-THEFT (1-877-438-4338); and TTY: 1-866-653-4261.

For More Information, you may contact us at 1-800-405-6108, Monday through Friday, 8:00 a.m. to 8:00 p.m. EST for further assistance.

View original content:https://www.prnewswire.com/news-releases/notice-of-data-privacy-incident-302771596.html

SOURCE Kennedys CMK LLP

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SharkNinja Set to Join S&P MidCap 400; Flowers Foods and F&G Annuities & Life to Join S&P SmallCap 600

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NEW YORK, May 13, 2026 /PRNewswire/ — S&P Dow Jones Indices will make the following changes to the S&P MidCap 400, S&P SmallCap 600: 

SharkNinja (NYSE: SN) will replace Flowers Foods Inc. (NYSE: FLO) in the S&P MidCap 400, and Flowers Foods will replace CSG Systems Intl Inc. (NASD: CSGS) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, May 18. NEC Corporation (TSE: 6701) is acquiring CSG Systems Intl in a deal expected to close soon, pending final closing conditions.F&G Annuities & Life Inc. (NYSE: FG) will replace Mister Car Wash Inc. (NASD: MCW) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, May 19. Leonard Green & Partners L.P. is acquiring Mister Car Wash in a deal expected to close soon, pending final closing conditions.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name

Action

Company Name

Ticker

GICS Sector

May 18, 2026

S&P MidCap 400

Addition

SharkNinja

SN

Consumer Discretionary

May 18, 2026

S&P MidCap 400

Deletion

Flowers Foods

FLO

Consumer Staples

May 18, 2026

S&P SmallCap 600

Addition

Flowers Foods

FLO

Consumer Staples

May 18, 2026

S&P SmallCap 600

Deletion

CSG Systems Intl

CSGS

Industrials

May 19, 2026

S&P SmallCap 600

Addition

F&G Annuities & Life

FG

Financials

May 19, 2026

S&P SmallCap 600

Deletion

Mister Car Wash

MCW

Consumer Discretionary

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

View original content:https://www.prnewswire.com/news-releases/sharkninja-set-to-join-sp-midcap-400-flowers-foods-and-fg-annuities–life-to-join-sp-smallcap-600-302771602.html

SOURCE S&P Dow Jones Indices

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