Paul Bluemner

Baltimore

Associate Director of Publishing at citybizlist

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Friday Harbor Raises $6M Seed Funding

1 week ago | citybiz.co | Paul Bluemner

Friday Harbor, a Seattle, WA-based provider of an AI-powered platform that helps loan officers assemble complete and compliant loan files in real time, raised $6M in Seed funding. The round was led by Abstract Ventures with participation from Wischoff Ventures, Blend (NYSE: BLND) and the AI2 Incubator. The company intends to use the funds to extend its engineering team and support integrations with mortgage LOS and point-of-sale platforms.
Ideem Raises $2.4M Seed Funding

1 week ago | citybiz.co | Paul Bluemner

Ideem, a Kansas City, MO-based company which specializes in payments online, raised $2.4M in Seed funding. Backers included Sovereigns Capital, Quona Ventures, Everywhere Ventures, Hustle Fund, Oread Angels, Network KS, and a group of angel investors. The company intends to use the funds to scale its partnerships across rapidly digitizing markets. Led by CEO Toby Rush, Ideem keeps users inside the merchant app, eliminating authentication steps while securing every transaction.
Doss Raises $18M Series A

1 week ago | citybiz.co | Paul Bluemner

Doss, a San Francisco, CA-based AI-powered ERP and data platform, raised $18m in Series A funding. The round was led by Theory Ventures. Tomasz Tunguz, founder of Theory Ventures, will join the Board as part of its investment. The company will use the capital to expand its team, expand outside of the US market, and continue the buildout of its core platform.
Loti AI Raises $16.2M Series A

1 week ago | citybiz.co | Paul Bluemner

Loti AI, a Seattle, WA-based leader in likeness protection technology, closed a $16.2M Series A funding. The round was led by Khosla Ventures with additional investments from FUSE, Bling Capital, and Ensemble. This builds on Loti AI’s previous seed round of $6.65M in 2024 which included FUSE, Bling Capital, Khosla Ventures, Ensemble, Alpha Edison, and K5 Tokyo Black.
Tesla: Even More Bad News

1 week ago | citybiz.co | Paul Bluemner

Tesla, Inc.’s stock price has plummeted over 45% since mid-December 2024, and I maintain a ‘strong sell’ rating due to further downside potential. Tesla is losing market share in both the U.S. and Europe, with declining sales in a growing EV market, which signifies losing market share. The U.S.-China trade war and tariffs risk is increasing Tesla’s production costs and affecting its business operations, particularly in China.
SCHD: We're Expecting 20%+ Annualized Returns For The Next Few Years

1 week ago | citybiz.co | Paul Bluemner

SummarySCHD, the Schwab U.S. Dividend Equity ETF, is regarded as the ‘gold standard’ for dividend investing, due to its consistent returns and income generation. We attribute recent underperformance to short-term AI trends and not structural issues; SCHD’s robust portfolio construction offers long-term returns. The market sell-off due to tariff panic presents a buying opportunity, with SCHD trading down more than 12% from all-time highs.
RSN Property Group And Monday Properties Partnership Acquires Eagle Creek Landing In Dallas-Fort Worth

1 week ago | citybiz.co | Paul Bluemner

RSN Property Group and Monday Properties partnership announced the acquisition of Ventura Landings, a 226-unit garden-style apartment community which has been rebranded as Eagle Creek Landing Apartments, in DeSoto, Texas, a prominent suburb in the Dallas-Fort Worth metroplex.
$184.2M Financing Secured For Seagis East Coast Industrial Portfolios

1 week ago | citybiz.co | Paul Bluemner

MORRISTOWN, N.J., Apr. 15, 2025 –  JLL Capital Markets announced today that it has arranged $184.2 million in financing for two industrial portfolios totalling 1.5 million square feet across Miami-Dade County, Florida and Northern New Jersey. JLL worked on behalf of the borrower, Seagis Property Group, to secure two separate loans through a life insurance company: $87.7 million for the Miami-Dade County portfolio and $96.5 million for the Northern New Jersey portfolio.
Roland Park Place Named to U.S. News & World Report’s “Best Senior Living” 2025

1 week ago | citybiz.co | Paul Bluemner

Roland Park Place, Baltimore’s first and only accredited Continuing Care Retirement Community, has been recognized by U.S. News & World Report in its 2025 “Best Senior Living” ratings. RPP received “Best” recognitions in the Independent Living, Memory Care, and Continuing Care Retirement Community categories. New this year, RPP received recognition for several categories of service including Independent Living-Activities & Enrichment, Memory Care—Feels Like Home, and Memory Care-Food & Dining.
VORTO Adds Eight Executives To Its Advisory Board

1 week ago | citybiz.co | Paul Bluemner

VORTO, a pioneer in autonomous supply chain technology, today announced the addition of eight accomplished executives to its Advisory Board. The appointments underscore VORTO’s ongoing commitment to enhancing its leadership in AI-driven logistics and supply chain management. “We are excited to continue expanding the use cases for our proprietary technology across multiple industries,” said Priyesh Ranjan, CEO of VORTO.