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October 1, 2025 - Deals

Scorability Raises $40 Million From Bluestone Equity Partners And Others For Growth And Innovation

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Scorability, an Austin-based platform helping college coaches discover, evaluate, and connect with athletes, raised $40M in a round led by Bluestone Equity Partners with participation from affiliates of Luther King Capital Management, Silverton Partners, Next Coast Ventures, and founder Brian Cruver. Founded by CEO Brian Cruver and Brett Andrew, the company plans to use the funding to accelerate product innovation, expand into more sports, and grow its team. Bluestone’s Walker Brumskine and Jake Harris will also join the board as Scorability continues serving over a million athletes, thousands of college coaches, and schools nationwide. INVESTORS: Bluestone Equity Partners, Affiliates of Luther King Capital Management, Silverton Partners, Next Coast Ventures AMOUNT: $40,000,000 HQ: #Austin #Texas #VentureCapital #Scorability #BrianCruver #BrettAndrew #BluestoneEquityPartners #AffiliatesofLutherKingCapitalManagement #SilvertonPartners #NextCoastVentures #TradedVC

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Businesses Increase AI Spending As Anthropic Leads Adoption At 43.5%Ramp’s latest AI Index shows businesses are continuing to increase AI spending despite rising pressure from cheaper and open-source models. In July, the top 1% of businesses spent a median $7,400 per employee on AI, compared with $650 for the top 10% and $11.95 for the median firm, while Anthropic led business adoption at 43.5%, ahead of OpenAI at 39.7%. #VentureCapital #Ramp #TradedVC