Adam Bloom

Cooley advised Alto Neuroscience, a company redefining psychiatry by leveraging individuals’ neurobiology to develop personalized and highly effective medicines and helping patients get better faster, on its $147.9 million initial public offering.

Cooley advised Alto Neuroscience, a company pioneering precision psychiatry by developing targeted medicines designed to help patients get better faster, on its oversubscribed $45 million Series C financing round.

Cooley advised Reserv, a leader in artificial intelligence-driven insurance claims processing, on a $20 million Series round of financing to expand its generative AI claims data analysis tools. Partner Winston Gu led the Cooley team advising Reserv.

This funding round was co-led by Altai Ventures and Bain Capital Ventures, with participation from 8VC, Outpost Ventures, Convex Group, AXIS Capital, Anthemis Group and Arch Capital Group.

Reserv’s customers have seen a sustained reduction in cycle times for property and auto claims, and this funding will enable the company to extend those results to additional customers. While making critical claim information available in real time through multiple large language model generative AI tools feeding automated workflows, Reserv has grown its revenue more than 50x in the past year.

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Cooley advised Sprout Social, a social media management software company, on its $140 million acquisition of Tagger Media, a top influencer marketing platform, and a concurrent $100 million secured debt facility, which will be partially used to fund the acquisition.

Cooley advised the underwriters in Vivid Seats’ $128 million follow-on offering. Vivid Seats is an online ticket marketplace connecting fans to live events and artists. As the official ticketing partner of brands in the entertainment industry providing tickets for sports, concerts, theaters and comedy, Vivid Seats operates in two segments – marketplace and resale. Lawyers Christina Roupas, Courtney Tygesson, Grady Chang, Sam Paullin, Leah Duncan and Adam Bloom led the Cooley team.