\u201cConstruction is a multi-trillion-dollar industry that has historically relied on manual processes. What we\u2019re seeing now is a fundamental shift. AI is becoming essential infrastructure for builders, and\u00a0Togal\u2019s growth reflects how quickly the market is moving toward smarter, more scalable estimating solutions,\u201d said Patrick Murphy founder & CEO of\u00a0Togal.AI, in a statement.<\/p>\n
Founded in 2019 by former estimators, Togal.AI provides an AI-powered platform that helps automate and streamline the construction estimating process. Togal automatically identifies and tallies 200,000 individual items or elements in construction plans per day, the company reports. What\u2019s more, 90 million+ LLM tokens are processed daily, demonstrating the scale of\u00a0Togal.AI\u2019s construction plan analysis.<\/p>\n
To date,\u00a0Togal\u00a0has analyzed more than three million construction plans.<\/p>\n
READ MORE: With $2M in tow, AI startup CodeComply.Ai (also founded by Murphy) aims to accelerate construction approvals and reshape compliance checks<\/a><\/p>\n 2\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n Miami investment firm targets AI-enabled healthcare<\/p>\n Vitalis Ventures<\/a> is a Miami-based investment firm focused on backing AI-enabled healthcare technology companies advancing next-generation care delivery.<\/p>\n \u00a0The firm recently announces a $15 million investment in\u00a0<\/a>Drive Health<\/a>, an Arizona-based healthcare technology company behind Avery, a Google-powered agentic AI platform that enables patients to navigate care and alleviates the workload placed on clinicians. Vitalis Ventures partnered with\u00a0Inside Capital Partners<\/a>\u00a0on the transaction.<\/p>\n Vitalis Ventures\u2019 latest investment brings the total capital committed to Drive Health to more than $26 million. Vitalis Ventures will join Drive Health\u2019s Board of Directors. \u201cVitalis\u00a0brings real operational depth, health-system experience, and the long-term vision needed to scale Avery responsibly. With their support, and through our continued work with Google, we are accelerating our ability to deliver safe, accessible, and compassionate AI support to healthcare facilities and patients nationwide,\u201d said Drive Health CEO Kevin Longoria.<\/p>\n Vitalis\u00a0Ventures invests in AI-enabled healthcare technology companies to improve access, quality, and efficiency across the U.S. health system, a thesis informed by years of operating a portfolio of outpatient medical, surgery center and behavioral health facilities.<\/p>\n 3<\/p>\n PairSoft receives majority investment<\/p>\n PairSoft<\/a>, a Miami-based provider of procure-to-pay automation and payment solutions, received a majority investment from TA Associates. The amount of the deal was not disclosed. As a result of the transaction, existing investor Turn\/River Capital will fully exit its stake in the business. PairSoft plans to use the funds for product development and global expansion.<\/p>\n PairSoft offers a comprehensive suite of procure-to-pay automation and payment solutions that streamline accounts payable, procurement, payment and document managSpaceTement workflows for mid-market and enterprise organizations globally. The company\u2019s AI-driven solutions integrate natively with major ERP systems, including Oracle, Oracle NetSuite, Microsoft Dynamics, Blackbaud, and Sage Intacct, enabling finance teams to streamline processes and achieve greater visibility across the P2P lifecycle. PairSoft says it currently serves more than 1,500 customers across North America and Europe. The company will continue to operate independently as part of the TA portfolio.<\/p>\n \u201cFrom broadening our user base globally to reinforcing our products with in-house AI, we\u2019ve made great strides in providing products highly tailored to finance teams, and I look forward to even more momentum as we begin this new chapter,\u201d said PairSoft CEO Matt Cotter, in a statement.<\/p>\n 4<\/p>\n SpaceTech startups chosen for Space Florida program<\/p>\n Space Florida, the state\u2019s aerospace and finance development authority, and\u00a0Seraphim Space<\/a>, a \u00a0leading SpaceTech investor, announced the launch of the\u00a0SpaceTech Investor Readiness Program, a partnership designed to accelerate innovation and investment across Florida\u2019s growing SpaceTech ecosystem. \u00a0<\/p>\n Seraphim has a portfolio of 148 companies across 32 countries, including five unicorns, collectively raising over $8.2 billion in funding. Leveraging its global network and expertise, Seraphim together with Space Florida will help connect Florida-based startups with investors and key partners to drive growth and investment readiness.<\/p>\n Seven Florida-based SpaceTech startups were chosen for the inaugural cohort. They are:<\/p>\n \u00a0The seven companies selected are: \u00a0<\/p>\n Aloft Biotechnologies<\/a>:\u00a0Building biomanufacturing solutions for microgravity through air-film technology<\/p>\n AMROK Inc.<\/a>: Enabling rapid, autonomous maneuver for space fleets,<\/p>\n Arachnid Systems<\/a>: Developing hyper-sensing robotics to inspect spacecraft and launch vehicles<\/p>\n Blackstar Orbital<\/a>: Reusable hypersonic satellites providing rapid, affordable LEO access and down-mass for government, commercial, and retail sectors,<\/p>\n ETA Space:<\/a>\u00a0Enabling sustainable space exploration by building cryogenic propellant stations for refueling satellites and other spacecraft in orbit, on the moon, and on Mars<\/p>\n Micro-gRx, Inc.<\/a>: Harnessing microgravity to produce potent, high-quality nanomedicines at a clinical scale to repair heart and muscle damage<\/p>\n X-Lumin<\/a>: X-lumin\u2019s dual-use Free Space Optical systems enable multi-gigabit, jam-resistant laser communications for ground-to-space and terrestrial networks<\/p>\n 5<\/p>\n Xpoint secures growth funding<\/p>\n Xpoint<\/a>, a geolocation and compliance technology provider for the online gaming industry, announced that it raised an investment round led by existing investor Bettor Capital. The amount of the investment was not disclosed.\u00a0<\/p>\n The capital will fast\u2011track Miami-based Xpoint\u2019s R&D roadmap and expand its product and engineering teams, the company said. XPoint\u2019s platform aims to combine fast, accurate precision geofencing with advanced fraud detection to stop spoofing, block unauthorized wagers, and surface suspicious activity in real time, helping operators launch and scale confidently in online real-money gaming markets.<\/p>\n Xpoint reports that its recent momentum includes active and pending deployments with leading brands such as bet365 and PrizePicks in North America, with more to be announced soon. It is also live with clients in Brazil and the UAE, including the UAE Lottery and Play971, the first regulated online gaming and sports betting entity in the region.\u00a0 \u201cWe\u2019re scaling up our teams to ship a wave of new capabilities that help operators defeat location spoofing, streamline compliance, and convert more good users\u2014without compromising on precision, scale, or speed,\u201d said Xpoint CEO Manu Gambhir.<\/p>\n 6<\/p>\n ACE Padel to open Coconut Grove location<\/p>\n ACE Padel<\/a>, a sports brand for the U.S. padel market, announced its first club in the Coconut Grove section of Miami, set to open in the first half of 2026. The club will be developed together with real estate development firm Aventura Asset Management, and it will mark the debut of a national expansion that includes confirmed developments in Denver, Colorado, and Los Angeles.<\/p>\n The new Coconut Grove club will feature\u00a0five\u00a0outdoor courts \u2013 four of which will be covered by a 32-foot canopy for optimal play \u2013 developed in partnership with Mejor Set, a leader in premium padel court construction. These will be the first fully hurricane-proof and permitted padel courts in the City of Miami.\u00a0<\/p>\n \u201cPadel is more than a sport \u2013 it\u2019s a movement built on energy, connection, and creativity,\u201d says Elliot Carnello, co-founder and CEO of ACE Padel. \u201cWe\u2019re crafting clubs that go beyond performance \u2013 cinematic environments where people meet, exchange ideas, and recharge.\u201d<\/p>\n 7<\/p>\n Boats Group secures growth investment<\/p>\n Miami-based Boats Group<\/a>, a global provider of online marketplaces for boats and yachts,\u00a0 announced a strategic growth investment from General Atlantic and the Canada Pension Plan Investment Board. As part of the transaction, funds advised by existing investor Permira have partially realized their investment in Boats Group and will retain a significant minority shareholding. Financial terms of the transaction were not disclosed.<\/p>\n Led by CEO Patric Kolek, Boats Group operates marketplaces including Boat Trader, YachtWorld, and boats.com. In recent years, Boats Group has invested in products and technology that make discovering and buying a boat easy, while helping sellers succeed.<\/p>\n 8<\/p>\n Pillar Security launches new AI product<\/p>\n Pillar Security<\/a>, a Miami-based AI security startup, recently launched RedGraph<\/a>, which it says is a first-of-its-kind product that maps AI agent attack surfaces. RedGraph enables security teams to discover and validate real exploits in their AI systems continuously, resulting in an innovative combination of AI security and attack surface management, the company said in its news release.<\/p>\n \u201cMost AI security testing happens in a vacuum,\u201d said Dor Sarig, CEO & co-founder of Pillar Security. \u201cTeams test the model but miss the system. RedGraph changes this by taking the attacker\u2019s perspective \u2013 it thinks like a hacker, maps the entire attack surface, and validates every finding with a real exploit. This gives security teams what they actually need: proven risks they can immediately fix.\u201d<\/p>\n Pillar Security was founded in 2023. RedGraph is already in use by Fortune 500 companies and other enterprises, the startup reports.<\/p>\n PLUS<\/p>\n Opportunity knocks<\/p>\n Apply to catapult your startup at the\u00a02026\u00a0eMerge\u00a0Americas\u00a0Conference + Expo\u00a0April 23\u201324 in Miami, where 100 startups will be selected to learn from class mentors, connect with investors and partners, showcase in front of thousands, and potentially pitch for $125K in funding and prizes in the grand finale.\u00a0Learn more and apply by Jan. 16.<\/a><\/p>\n Looking to raise capital? Apply now to present in front of an audience of investors at\u00a0the Florida Venture Forum\u2019s\u00a02026 Florida Venture Capital Conference\u00a0Feb. 23\u201325\u00a0at the\u00a0Loews Coral Gables.\u00a0Apply here<\/a>.<\/p>\n The\u00a0Miami\u00a0Dade Innovation Authority (MDIA)\u00a0has launched its seventh public innovation challenge and it is\u00a0 centered on emergency response. MDIA is seeking applications from early-to-growth stage startups with pilot-ready solutions to improve hazard mitigation, incident response, and public outreach and safety coordination for the\u00a0Miami-Dade County Department of Emergency Management.\u00a0Apply here<\/a>.\u00a0<\/p>\n The\u00a0SMB Growth Lab, hosted by eMerge Americas, JPMorganChase + Momentum Miami, empowes Miami-Dade small and mid-sized businesses to embrace digital transformation, strengthen operations, and unlock sustainable growth opportunities.\u00a0Apply here by Jan. 16.<\/a><\/p>\n Israeli founders can showcase their startup, product, or breakthrough solution to global investors, partners and media at\u00a0Israel Tech Week Miami 2026\u00a0next April.\u00a0Apply now on the website here.<\/a><\/p>\n ICYMI \u2013 Catch up!<\/p>\n Have news to report? Email Nancy Dahlberg at\u00a0[email\u00a0protected]<\/a>\u00a0and follow her on X @ndahlberg and\u00a0on LinkedIn<\/a>.\u00a0Subscribe to Refresh Miami\u2019s free weekly newsletter\u00a0here<\/a>\u00a0featuring startup news, tech job opportunities and events.\u00a0<\/p>\n ![\"Nancy](\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2025\/10\/60b7851ea3a84-bpfull.jpg\")
<\/a> I am a writer and editor with extensive media experience and a passion for journalism and serving the community. Most of my career has been spent with the Miami Herald in business news, and my expertise is writing about tech and entrepreneurs. I love hosting this blog for Refresh Miami and we aim to be the go-to site for South Florida startup and tech news, features and views. Have news? Contact me at [email\u00a0protected]<\/a>. Thanks for reading! <\/a>Latest posts by Nancy Dahlberg (see all<\/a>)\t\t\t\t\t\t\t\t\t8+ things to know in #MiamiTech: Togal.AI plans hiring spree in 2026, plus news from Vitalis Ventures, PairSoft,\u00a0Space Florida, Xpoint, Pillar Security, ACE Padel, Boats Group & more<\/a> – December 23, 2025\t\t\t\t\t\t\t\t\t\t\t\t\tBeycome secures $2.5M in seed funding to expand AI-powered real estate platform<\/a> – December 19, 2025\t\t\t\t\t\t\t\t\t\t\t\t\tBoatsetter and Getmyboat merge. Both rental platforms will continue business as usual for now<\/a> – December 18, 2025\t\t\t\t \t<\/p>\n","protected":false},"excerpt":{"rendered":"Happy Holidays to all our readers! Thank you for reading and supporting Refresh Miami. Keep your news coming…\n","protected":false},"author":2,"featured_media":78,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[225,227,226],"class_list":{"0":"post-94299","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-hialeah","8":"tag-hialeah","9":"tag-hialeah-headlines","10":"tag-hialeah-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/94299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=94299"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/94299\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/78"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=94299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=94299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=94299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}