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AI Governance Leader ModelOp Experiences Significant Growth in 2024 with Customer Expansion and Multiple Prestigious Awards

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From completing its $10 million Series B equity financing to being awarded the 2024 AI Breakthrough Award for “Best AI Governance Platform” and achieving inclusion on Inc.’s Best in Business List, it was a year of continued momentum for the leading AI Governance software company for enterprises.

CHICAGO, Dec. 18, 2024 /PRNewswire/ — The leading AI Governance software for enterprises, ModelOp, announced today it experienced an exponential increase of platform usage in 2024 through new customer acquisition, generative AI adoption, and expanding need for its AI portfolio intelligence and governance capabilities. For the second consecutive year, the company achieved massive, continued growth in the financial services, healthcare, and CPG sectors with customers that include Fidelity Investments, FINRA, and Bristol Myers Squibb.

ModelOp’s excellence was well-recognized this year. It won the prestigious 2024 AI Breakthrough Award for “Best AI Governance Platform”, an award series that celebrates the world’s most innovative companies, technologies, and products in the artificial intelligence industry with more than 5,000 applicants globally this year. The firm also was named to Inc.’s 2024 Best in Business List in the AI & Data category, an award that celebrates the exceptional achievements and contributions of companies that have made a profound impact on their industries and on society at large. In addition, Polaris Market Research & Consulting named ModelOp a key player in the rapidly growing Model Operations market. MMC Ventures named ModelOp a “Who’s Who in Responsible AI” and a leader in AI Governance.

ModelOp also completed its $10 million Series B Equity financing led by Baird Capital. With the new capital, ModelOp is actively building upon its market-leading AI portfolio intelligence and governance capabilities that establish visibility into AI initiatives and value, and enforce policies consistently to help organizations stay compliant even as regulations evolve rapidly.

This investment follows the new release of ModelOp version 3.3, the third-generation of its software. It enables enterprises to manage AI as a portfolio and provide  “Minimum Viable Governance” (MVG), which allows companies to apply just enough governance to protect the business while accelerating AI innovation.

Version 3.3 also includes the world’s first AI Governance Score, a standardized metric that measures risk across diverse AI initiatives. ModelOp’s new AI Governance Score provides executives with real-time visibility into all AI initiatives — including generative AI, in-house, third-party, and embedded AI systems — and their risks across the entire enterprise, even as global regulations evolve. ModelOp helps Chief AI Officers (CAIOs), CDAOs, CIOs, CISOs, AI leaders, and Governance teams responsibly accelerate AI innovation and keep their organizations safe through a comprehensive AI Governance inventory, automated controls, and streamlined reporting capabilities.

“Unlike other solutions, only ModelOp’s software provides executives unprecedented visibility into the AI being used across their organizations,” said Pete Foley, CEO of ModelOp. “This enables enterprises to deliver transformational and responsible AI systems. ModelOp 3.3 allows executives to manage their AI use cases and models as a portfolio and track KPIs including revenue, costs, savings, cost avoidance, and ROI. Additionally, ModelOp enables AI and legal teams to stay on their front foot as regulations like the EU AI Act and US state and federal agency rules take effect. It was a remarkable year for ModelOp and our new capital is enabling us to accelerate our expansion. Looking forward to 2025, we are excited to introduce new capabilities, and continue our rapid growth as the leading AI Governance software.”

Also of note this year, ModelOp partnered with CDO Magazine to produce the 2024 Responsible AI Benchmark Report that revealed a growing gap between the rapid adoption of AI and the implementation of responsible AI Governance practices. The survey of nearly 150 executives across diverse industries provides insights on AI adoption, use cases in production, governance capabilities, and top risks. The free report clearly shows growing risks with enterprise AI strategy.

About ModelOp
ModelOp is the leading AI Governance software for enterprises and helps safeguard all AI initiatives – including generative AI, Large Language Models (LLMs), in-house, third-party, and embedded systems – without stifling innovation. Through automation and integrations, ModelOp empowers enterprises to quickly address the critical governance and scale challenges necessary to protect and fully unlock the transformational value of enterprise AI – resulting in effective and responsible AI systems. To learn more visit https://www.modelop.com or follow ModelOp on LinkedIn.

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Health Net Providing Special Assistance to Members Affected by Bird Flu Throughout California

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Health Net Assisting Members During State of Emergency

SACRAMENTO, Calif., Dec. 18, 2024 /PRNewswire/ — In response to Gov. Gavin Newsom’s declared state of emergency in California, Health Net, one of the state’s most experienced Medi-Cal managed care health plans and company of Centene Corporation (NYSE: CNC), is providing special assistance to members affected by the Bird Flu. Health Net is committed to ensuring its members have uninterrupted access to essential prescription medications, critical Health Net information and healthcare services.

Prescription Information

During the duration of the State of Emergency, members in California affected by the Bird Flu can obtain an emergency supply of medication from the drug store where they originally filled their prescription.If a member’s drug store is closed, they can call Health Net at 1-800-400-8987 for assistance.

Help with Coping
Health Net members have access to Health Net Behavioral Health Services for coping support including referrals to mental health counselors, local services and phone consultations. These services support members coping with grief, stress or trauma related to the Bird Flu. Health Net Behavioral Health is available for crisis support 24 hours a day, seven days a week at 1-800-675-6110 (TTY: 711).

Video Medical Appointments
If members cannot reach their primary care provider during a declared State of Emergency, Health Net provides access to telehealth services at no cost. To make an appointment, members can refer to their Health Net ID card for more information on accessing telehealth services. Members can also find this information by registering with and logging on to HealthNet.com.

Information for Healthcare Providers
Doctors and nurse practitioners can call Health Net at 1-800-641-7761 for help with:

Emergency prescription refill guidelines.Escalating approvals to reduce approval turnaround times.Approval for out-of-network treatments when in-network resources are unavailable.

Other Important Information
Depending on how long the members need additional assistance, Health Net may take additional steps to ensure its members have access to necessary healthcare services.

About Health Net
Founded in California more than 45 years ago, Health Net, a company of Centene Corporation, believes that every person deserves a safety net for their health, regardless of age, income, employment status or current state of health. Today, we provide health plans for individuals, families, businesses of every size and people who qualify for Medi-Cal or Medicare. With more than 90,000 of our network providers, Health Net serves more than three million members across the state. We also offer access to substance abuse programs, behavioral health services, employee assistance programs and managed healthcare products related to prescription drugs. We make these health plans and services available through Health Net, LLC and its subsidiaries: Health Net of California, Inc., Health Net Life Insurance Company and Health Net Community Solutions, Inc. These entities are wholly owned subsidiaries of Centene Corporation (NYSE: CNC), a leading healthcare enterprise committed to transforming the health of the communities we serve, one person at a time. Health Net and Centene employ more than 5,700 people in California who work at one of five regional Talent Hub offices. For more information, visit www.HealthNet.com.

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SOURCE Health Net

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Amira Learning Receives Top Endorsement for K-2 Dyslexia Screening in California

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State panel-approved solution aids California school districts to meet mandatory early screening requirements

SAN FRANCISCO, Dec. 18, 2024 /PRNewswire-PRWeb/ — Amira Learning (Amira), the creator of the first and only proven Intelligent Reading Assistant for teachers and AI Reading Tutor for students, has been formally recommended by the Reading Difficulties Risk Screener Selection Panel (RDRSSP) as the only screener unanimously approved for California school districts. This recommendation means California districts can partner with Amira to meet the mandatory K-2 Screening requirements (EC 53008) for the 2025-2025 school year.

“This endorsement highlights our innovative approach to early literacy assessment, intervention, and remediation,” said Malia Vella, Vice President of State Partnerships at Amira Learning.

In compliance with California Education Code 53008(b), the State Board of Education convened a panel of nine independent experts to evaluate early literacy screening tools. After a comprehensive review, the panel selected and approved Amira Learning on December 16, 2024 as a top-tier screening instrument for Kindergarten through Second Grade students, in both English and Spanish.

“This endorsement highlights our innovative approach to early literacy assessment, intervention, and remediation,” said Malia Vella, Vice President of State Partnerships at Amira Learning. “Early detection is the critical first step in supporting students’ reading development and by identifying dyslexia risk as early as kindergarten, in a way that does not disrupt classroom instruction, we’re providing educators and parents with the tools they need to intervene and support —ensuring every child has the opportunity to develop a strong foundation for lifelong learning.”

Amira is the only recommended screener validated by university and SEA efficacy research that accelerates literacy outcomes by delivering the latest reading and neuro science with AI. Leveraging advanced AI technology, the system provides a fully AI proctored assessment that saves teachers valuable time, turns practice sessions into real-time progress monitoring data, provides AI-powered just-in-time tutoring, delivers micro interventions, and offers immediate remediation guidance – down to the phoneme – to educators. A recent University of Houston study highlights the platform’s critical importance, revealing Amira’s ability to effectively identify 98% of students at risk for dyslexia, making it an essential tool in early literacy assessment and intervention.

As an Intelligent Growth Engine, Amira enables teachers to focus on core instructional responsibilities while seamlessly handling universal and dyslexia screening for K-2 students. The comprehensive platform provides precise risk identification and analysis, recommended interventions and integrated parent communication tools. By unifying assessment, instruction, and tutoring into a cohesive learning cycle, Amira offers districts a holistic solution that helps districts achieve instructional coherence across their literacy program.

The company has seen success with its screener in other states. Amira was recently rated as the highest-scoring screener for Georgia’s mandated screening for K-3 students, and studies have consistently shown a significant effect on end of year literacy achievement for students who use Amira 30 minutes each week, particularly for at-risk readers.

To learn more about Amira’s solution, visit: https://amiralearning.com/amira-isip-assess

About Amira Learning
Amira Learning accelerates literacy outcomes by delivering the latest reading and neuro science with AI. Propelling gains exceeding human tutoring, Amira is the only AI edtech validated by university and SEA efficacy research.

Amira’s Intelligent Growth Engine seamlessly bridges assessment, instruction, and tutoring, powering a coherent instructional cycle centered on a district’s chosen curriculum. Amira continuously identifies skill gaps, recommends individualized reading plans aligned with district curricula, and delivers 1:1 tutoring with real-time feedback.
Amira’s unique ability to listen to students read aloud drives unprecedented growth, delivering an effect size of over 0.4. Trusted by more than 2,000 districts and schools worldwide, Amira is the intelligent assistant teachers need to turn students into motivated and masterful readers.

To learn more about Amira Learning, visit amiralearning.com.

Media Contact

Shelby Busen, Amira Learning, 6364855430, amira@thekeypr.comhttps://amiralearning.com/

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SOURCE Amira Learning

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OpenGov Strengthens its India Presence with a New, Modern Office in Pune

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Rapidly growing software company crosses 100 employees locally, aims to create additional 50 plus jobs by next year

PUNE, India, Dec. 19, 2024 /PRNewswire/ — OpenGov, the leader in modern cloud software for U.S. cities, counties, special districts, and state agencies, has opened a large office location with capacity for all local employees in Pune to accommodate its rapid growth.

The OpenGov Pune team just surpassed 100 employees locally, a significant milestone for any startup. There are currently more than 50 open positions locally across engineering and product development. Within the next 12 months, the company is looking to add 50+ additional roles in Pune.

The new office is located in the heart of Pune at Radhe Complex, 8th Floor, Raja Bahadur Mill Road, Behind Sheraton Grand Hotel, Sangamwadi Pune, Maharashtra, India – 411001. The location is attractive for the region’s top tech talent. This new space is designed around the principles of fit-for-purpose, contemporary look, and a collaborative environment.

“By opening a larger, more modern office in a highly desirable neighborhood of Pune and committing to growing the local team by 50 percent demonstrates OpenGov’s commitment to the region,” said Rama Jayanti, senior vice president, engineering and Pune office leader for OpenGov. “OpenGov values its employees and provides excellent opportunities to grow professionally, and I’m thrilled to welcome new teammates into our beautiful space.”

“Our new Pune office is a vital step in solidifying OpenGov’s position as a global leader in government technology,” said Thiago Sa Freire, president and COO of OpenGov. “This space will serve as an innovation hub, fostering collaboration and enabling us to deliver even greater value to our customers while driving the next phase of OpenGov’s growth.”

Earlier this year, the Pune team was recognized for its positive workplace culture by the GCC Workplace Awards 2024. OpenGov was named one of the Top 24 in 2024 Companies, and Jayanti received the Woman Leader of the Year Award.

OpenGov formally established itself as a legal entity in Pune in 2022. The American software company chose Pune for its status as the engineering, computer science, and tech education capital of India. The high number of highly skilled technologists and vibrant startup ecosystem make Pune a prime location for companies like OpenGov.

To learn more about working at OpenGov and see open positions, visit https://opengov.com/careers/.

About OpenGov
OpenGov is the leader in modern cloud software for cities, counties, state agencies, and special districts. With a mission to power a more effective and accountable government, OpenGov serves more than 1,900 public sector leaders and their organizations. OpenGov is built exclusively for the unique budgeting and planning, accounting, permitting and licensing, procurement, asset management, and tax and revenue needs of the public sector. The OpenGov Cloud empowers organizations to operate more efficiently, adapt to change, and strengthen trust with the communities they serve. Learn more or request a demo at opengov.com.

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View original content:https://www.prnewswire.com/in/news-releases/opengov-strengthens-its-india-presence-with-a-new-modern-office-in-pune-302335225.html

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