Technology

Strolid launches its first product release, Strolid Portal for auto dealers

Published

4 months ago

July 9, 2024

SALEM, N.H., July 9, 2024 /PRNewswire/ — Leading tech-enabled automotive service company Strolid today announced its first product release, the Strolid Portal for auto dealers. Using actual customer conversations, the Strolid Portal enables deep operational insights into the entirety of dealerships, revealing improvement opportunities. Based on the upcoming IETF Internet Standard for Virtualized Conversations (vCons), the Strolid portal responsibly handles sensitive data, which is critical for ensuring regulatory compliance when using AI. Available today to all Strolid Sales and Service BDC customers, the Strolid Portal allows dealers to listen to customers at scale. The benefit to Strolid’s dealers is more sales and service income and better sales productivity from a better understanding of their customers.

“The Strolid Portal’s vCon-driven insights and data help dealers sell more cars.” -Strolid Founder and CEO Vin Micciche

Strolid Founder and CEO Vin Micciche said, “Dealers told us they need to understand what their customers are saying and what their staff members are doing in response. Dealers often rely on their marketing teams, management teams, and KPIs to understand their customers, but only from their – not their customers’ – perspective. Unlocking conversations reveals customer thoughts, wants, and needs that businesses don’t know – but should. To ensure the safe and responsible handling of conversations, Strolid invented vCons, creating a formal data standard for conversations. Today’s AI, large language models, and machine learning systems need data. vCons simultaneously provide these systems with the critical, valuable information they are starving for with the framework to protect customers’ digital rights when generative AI processes conversations. This capability is important to Strolid because our automotive BDC handles over 150,000 dealer voice conversations, emails, chats, and texts monthly.”

Strolid CTO (and international vCon standard co-author) Thomas McCarthy-Howe said, “Strolid revolutionizes the customer experience through customer conversations. Conversations are real. Unbiased data. What your customers said and how they said it. The Strolid Portal with Strolid Search lets auto dealers listen – and know – at scale. We capture the conversations as vCons and transcribe the vCons – turning conversations into data so generative AI platforms can understand them. Dealers search conversations for any term, including what each person said in the conversation, the conversations’ metadata, and customer, dealer, and agent names and phone numbers. For example, a dealer can find out who is interested in a particular vehicle by searching the vehicle’s stock number to get a summary of the call and listen to the call recording. Dealers can also search conversations for lead sources, vehicle stock numbers, email addresses, and more. With the Strolid Portal, dealers can instantly review all related communications in a concise transcript. Strolid has an accelerated product development roadmap and looks forward to releasing additional vCon-based applications to Strolid dealers throughout the second half of this year.”

Added Micciche, “With 40 years of automotive sales experience and listening to tens of thousands of calls as Strolid’s Head of Quality Assurance, my father was the inspiration to create the Strolid Portal, ‘Papa in a Box.’ Dealers need to know what their customers are saying and how their staff handles them, and the Strolid Portal provides them with this capability. By listening and knowing what customers say, the Strolid Portal makes Strolid BDC critical and irreplaceable to our dealers because vCon-driven insights and data from the Strolid Portal will help Strolid BDC dealers increase their productivity to sell more cars.”

Strolid is proudly based in Salem, New Hampshire.

About Strolid Inc.

Founded in 2014, leading tech-enabled automotive service company Strolid unlocks the value of customer conversations to increase sales. We enable our business and government customers to listen to conversations at scale and manage the data for AI.

For auto dealers, Strolid engages car buyers, offering a non-automated, human (with real people!) solution that provides a strong customer experience and builds solid relationships. Our complete solution for customer engagement works across every communications channel (i.e., voice, video, and messaging), AI platform, CRM system, and language for every department. We continually train and upskill our agents – resulting in a dedicated, talented workforce augmenting our customers’ teams. Many of our people have worked together in auto dealerships and at Strolid for over twenty years, carrying a deep expertise in dealer operations, allowing us to be truly helpful to the customers outside the dealership.

Strolid boasts one of the most innovative engineering departments in the industry, creating the global internet standard for Virtualized Conversations (vCons). To learn more, visit Strolid at https://strolid.com/the-strolid-difference/ and contact Strolid at sales@strolid.com.

Media Contact

Mr. Ken Herron (US)
Strolid Inc.
ken.herron@strolid.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/strolid-launches-its-first-product-release-strolid-portal-for-auto-dealers-302191185.html

SOURCE Strolid, Inc.

Technology

Greenlane Renewables Announces Management and Board of Director Changes

Published

11 minutes ago

November 15, 2024

~Appointment of Stephanie Mason as CFO completes planned succession~

VANCOUVER, BC, Nov. 15, 2024 /CNW/ – Greenlane Renewables Inc. (“Greenlane”) (TSX: GRN) (FSE: 52G) today announces the appointment of Stephanie Mason as Chief Financial Officer (“CFO”), effective January 13, 2025.

Ms. Mason brings over 15 years of experience to her new role as Greenlane’s CFO. Ms. Mason has been with Greenlane for over 4 years, most recently as Director of Finance following a promotion from Corporate Controller. Prior to working at Greenlane, Ms. Mason gained experience at other TSX-listed renewable energy companies managing teams responsible for financial reporting, regulatory compliance and other finance activities. Ms. Mason developed her strong accounting foundation at PricewaterhouseCoopers where she obtained her CPA, CA designation.

“We are excited to welcome Stephanie into the role of CFO,” said Brad Douville, CEO of Greenlane Renewables. “Stephanie brings a depth of expertise in finance, reporting, and operations and provides continuity in leadership at Greenlane. Transitioning overall financial leadership from Monty Balderston to Stephanie starting at the beginning of 2025 completes a planned succession as we continue to advance our strategic goals in the RNG space. During his tenure as CFO over the last couple of years, Monty has provided solid leadership of the finance function at Greenlane and played a pivotal role on the senior management team. I want to thank Monty for all of his contributions.”

“I am honored to become Greenlane’s CFO. This is an organization recognized for its commitment to sustainability and innovation,” stated Ms. Mason. “I look forward to contributing to the company’s financial reporting strength and supporting its growth objectives.”

Mr. Balderston will remain as CFO until voluntarily resigning effective January 13, 2025. Mr. Balderston will support the transition to Ms. Mason upon her appointment, following which he will leave the Company on January 24, 2025.

Further to the management update announced on August 23, 2024, Ian Kane will be completing his transitional role as President and will leave the Company on November 22, 2024 when he will step down from Greenlane’s Board of Directors. The Company wishes to thank Mr. Kane for all of his efforts in helping drive Greenlane’s business plan.

About Greenlane Renewables

Greenlane is driving change: accelerating the energy transition to a net-zero emissions economy. We are cleaning up two of the largest and most difficult to decarbonize sectors of the global energy system: the natural gas grid and commercial transportation. As a pioneer and leading specialist in biogas upgrading, we have been actively contributing to the decarbonization of our planet for over 35 years. The systems we provide transform biogas generated from organic waste into high-value grid-ready renewable natural gas (“RNG”). Our systems produce clean, low-carbon and carbon-negative RNG from organic waste sources including agriculture (such as dairy and hog manure), water resource recovery facilities, food waste, landfills, and sugar mills. Greenlane is the only biogas upgrading company offering and actively deploying the three main upgrading technologies: waterwash, pressure swing adsorption, and membrane separation, plus proprietary biogas desulfurization technology. Greenlane has delivered over 145 biogas upgrading systems into 19 countries, including some of the largest RNG production facilities in the world, and over 160 biogas desulfurization units. For further information, please visit www.greenlanerenewables.com.

SOURCE Greenlane Renewables Inc.

Technology

Eastside Distilling, Inc. Announces Private Placement Offering

Published

11 minutes ago

November 15, 2024

Eastside Distilling, Bridgetown Spirits Corp., a consumer-focused beverage company that builds craft inspired experiential brands and Beeline Financial Holdings, Inc. (“Beeline”), a digital mortgage technology and lending company, announces the completion of a private placement offering (the “Offering”) with accredited investors, resulting in gross proceeds of $1,615,000.

PORTLAND, Ore. and PROVIDENCE, R.I. , Nov. 15, 2024 /PRNewswire-PRWeb/ — Eastside Distilling, Inc. (NASDAQ: EAST) (“Eastside” or the “Company”), a holding company for Bridgetown Spirits Corp., a consumer-focused beverage company that builds craft inspired experiential brands and for Beeline Financial Holdings, Inc. (“Beeline”), a digital mortgage technology and lending company, announces the completion of a private placement offering (the “Offering”) with accredited investors, resulting in gross proceeds of $1,615,000. Under the terms of a Securities Purchase Agreement, the Company sold $1,938,000 in original issue discount Senior Secured Notes (the “Notes”) and Pre-Funded Warrants to purchase 363,602 shares of Common Stock (the “Warrants”).

Joseph Gunnar & Co., LLC acted as the exclusive placement agent in connection with the Offering.

For an overview of the terms of the securities and transactions involved in the Offering, and copies of the forms of transaction documents entered into in connection therewith, please refer to the Company’s Current Report on Form 8-K filed on November 15, 2024 with the Securities and Exchange Commission. The Company plans to utilize the net proceeds for working capital and general corporate expenses, among other uses.

About Eastside Distilling

Eastside Distilling, Inc. (Nasdaq: EAST) is a producer of award-winning craft spirits, including whiskey, vodka, and rum. Founded in Portland, Oregon, Eastside is committed to quality, innovation, and sustainability, delivering exceptional products that reflect the spirit of the Pacific Northwest.

About Beeline Financial Holdings, Inc.

The Company recently closed on a merger with Beeline Financial Holdings, Inc. Beeline is a technology-driven mortgage lender offering a fully digital, AI-enhanced, platform that simplifies and accelerates the home financing process for homeowners and property investors. Based in Providence, RI, Beeline is dedicated to transforming the mortgage industry through innovative technology and customer-centric solutions.

Media Contact

Nick Luzza, BEELINE MORTGAGE , LLC Refinance, 1 4014184461 4014184461, nick@makeabeeline.com, https://www.eastsidedistilling.com/

View original content:https://www.prweb.com/releases/eastside-distilling-inc-announces-private-placement-offering-302306634.html

SOURCE BEELINE MORTGAGE , LLC Refinance

Technology

The game-changer: New partnership between real estate tech innovator and luxury brokerage investor just gave agents at select firms valuable advantages and ease

Published

11 minutes ago

November 15, 2024

DALLAS, Nov. 15, 2024 /PRNewswire/ — The parent company of Briggs Freeman Sotheby’s International Realty, the leading luxury brokerage in Dallas, Fort Worth and all of North Texas, announces its groundbreaking partnership with Rechat, real estate’s only AI-powered Experience Management Platform for agents.

Peerage Realty Partners, the world’s largest strategic investor in Sotheby’s International Realty affiliates, and Dallas-based Rechat have just advanced the real estate industry in a significant leap, through state-of-the-art technology. With the partnership, Rechat is now offering its advanced suite of tools and services to all Peerage Realty Partners brokerages — 206 offices across the U.S. and Canada — equipping its advisors with valuable advancements in real estate technology.

Rechat was built to solve a universal and persistent problem faced by agents: the need to toggle between disparate platforms to manage the various aspects of their business. Briggs Freeman Sotheby’s International Realty has been working with Rechat almost since its beginning, as a first client, test case and collaborator. Now, years of innovation later, Rechat includes a marketing center, people center and deals center, allowing advisors to work within one integrated ecosystem to streamline tasks, automate listing marketing, create high-quality collateral, track transactions and more.

Says Rechat CEO Shayan Hamidi: “We are dedicated to equipping agents with all of the tools they need — in one single tab or one single app — to excel in today’s competitive market.”

Peerage Realty Partners is a leading residential real estate services firm, serving luxury markets across North America. Its brokerage partners include top Sotheby’s International Realty affiliates and other renowned independent firms. It has more than 6,100 advisors across 206 offices in the U.S. and Canada, to whose brokerages it provides strategic input, technology, marketing, operational expertise and much more. Its primary goal is to continually enhance the client, advisor and brokerage experiences through every phase of a transaction and beyond. Peerage Realty is projected to transact about $34.8 billion in sales in 2024 through its partner firms. Peerage Realty Partners, based in Toronto, Canada, has the unique benefit of being a privately owned enterprise, committed to long-term partnerships and investments.

Says Gavin Swartzman, CEO of Peerage Realty Partners: “We are delighted to partner with Rechat to enhance our technological capabilities and provide our advisors with industry-leading tools. This collaboration aligns seamlessly with our ongoing commitment to leveraging innovation to better serve our clients and propel growth across our network.”

To learn more, visit briggsfreeman.com, rechat.com and peeragerealty.com.

Peerage Realty Partners — the parent company of Dallas-based Briggs Freeman Sotheby’s International Realty and the world’s largest strategic investor in Sotheby’s International Realty affiliates — and Dallas-based Rechat, the creator of real estate’s only AI-powered Experience Management Platform for agents, have just advanced the real estate industry via state-of-the-art technology. With the partnership, Rechat is now offering its advanced suite of tools and services to all Peerage Realty Partners brokerages — 206 offices across the U.S. and Canada — equipping its advisors with valuable advancements in real estate tech. Rechat has eliminated the need for agents to toggle between disparate platforms to manage the various aspects of their business. After years of collaboration with Briggs Freeman Sotheby’s International Realty, Rechat now includes a marketing center, people center and deals center, allowing advisors to streamline tasks, automate listing marketing, create collateral, track transactions and more.

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-game-changer-new-partnership-between-real-estate-tech-innovator-and-luxury-brokerage-investor-just-gave-agents-at-select-firms-valuable-advantages-and-ease-302306550.html

SOURCE Briggs Freeman Sotheby’s International Realty