Key facts
- Forage secured $40 million in a Series B funding round led by Mouro Capital.
- CCBank launched a new brand, Quill Bank, to serve fintech companies.
- UMassFive College Federal Credit Union and Coconut Software achieved a 99.5% appointment completion rate for over 13,000 appointments.
- Planet Fitness awarded $250,000 in scholarships to 50 Boys & Girls Clubs of America teens.
- Concorde Career Colleges and PDS Health Foundation reached a $1 million scholarship milestone.
- Bryan Kennedy was appointed to the Board of Directors of Southern First Bancshares, effective June 1, 2026.
- Eric Rosow was appointed Chief Executive Officer of ReferWell.
- Chinese Hospital unveiled the Charles Huang Outpatient Tower following a $7 million gift.
- Sprocket Security received a 2026 Fortress Cybersecurity Award.
- Lettuce Financial's Solo Summit attracted nearly 5,000 solopreneurs.
A diverse array of organizations have launched new programs, secured funding, and made key appointments. Forage, a financial infrastructure platform focused on helping low-income families save on groceries, has raised $40 million in a Series B funding round. The round was led by Mouro Capital and included participation from Nyca Partners, PayPal Ventures, Long Journey Ventures, and Intuit. In the financial services sector, CCBank has launched a new brand called Quill Bank, specifically designed to offer banking expertise and tailored services to fintech companies. UMassFive College Federal Credit Union partnered with Coconut Software to standardize appointments, achieving a 99.5% completion rate for over 13,000 appointments. New Mexico's credit unions are also collaborating on a statewide campaign to combat rising fraud.
In education and youth development, Planet Fitness has awarded $250,000 in scholarships to 50 Boys & Girls Clubs of America teens, bringing their total scholarship contributions to nearly $2 million since 2017. Concorde Career Colleges and PDS Health Foundation have reached a $1 million scholarship milestone, providing tuition assistance to hundreds of Concorde students. The Sports in Education Charitable Foundation launched the FIELD THE FUN CHALLENGE to support its Student Scholar Initiatives, connecting sports lessons with classroom success. Unleashed Brands introduced KidHub, an app for parents to track children's character development and activities.
Leadership and organizational changes are also notable. Bryan Kennedy has been appointed to the Board of Directors of Southern First Bancshares, effective June 1, 2026. Eric Rosow has been named the new Chief Executive Officer of ReferWell, a healthcare technology company. Tierra Encantada, an early education provider, appointed former KinderCare CEO Paul Thompson to its Board of Directors. Stanford University Libraries announced the appointment of two new Assistant University Librarians, Sarah Sussman and another individual, with Sussman leading Collections and Public Services in Humanities and Area Studies.
Other developments include Sprocket Security receiving a 2026 Fortress Cybersecurity Award for its Continuous Exposure Management solution. Veritas Prime expanded its SAP payroll outsourcing with an enterprise model targeting mid-market solutions. Giften Market launched programs for employee and client recognition, while Green Cabbage introduced two new Spend Cubes for procurement intelligence. WellTogether, a new nonprofit focused on healthcare access, began operations with events in Maryland. Chinese Hospital in San Francisco unveiled the Charles Huang Outpatient Tower, named after a $7 million gift from the Charles Huang Foundation.
Several businesses are offering promotions and services. Corner Bakery Cafe is providing summer team meal deals. Chris Auffenberg Ford is offering employee pricing on new vehicles. Flagship Mazda in San Juan, Puerto Rico, is providing flexible financing solutions. Lettuce Financial's Solo Summit attracted nearly 5,000 solopreneurs. Garrett Kappel Marketing introduced a Brand Development Framework for Midwest organizations. Panama-Buena Vista Union School District's Teamsters ratified a new contract with higher wages and improved health benefits. Mission Telecom, a nonprofit wireless broadband provider, expanded its nationwide support for schools and libraries.