NEWITY Acquires Livesight to Add Real-Time Business Entity Intelligence to Its Growing Enterprise Technology Platform
Acquisition adds continuously refreshed Secretary of State business data, expanding NEWITY’s suite of AI-enabled, modular technology solutions and deepening its portfolio of proprietary data sources
CHICAGO, IL – October 20, 2026 – NEWITY, a financial technology company whose Enterprise Lending Suite helps banks originate and scale commercial lending, today announced the acquisition of Livesight, a business data technology platform that delivers verified, real-time entity information sourced directly from official Secretary of State records.
Livesight is the newest component of NEWITY’s modular technology stack, which includes purpose-built solutions for financial institutions, lenders, and enterprises. By delivering complete Secretary of State data, Livesight supports lead qualification, Know Your Business (KYB) verification, and portfolio monitoring through a single API.
Livesight’s customers include S&P Global and BYZfunder among other financial institutions, lenders, and data-driven organizations. These relationships expand NEWITY’s customer base and strengthen its presence across financial services and the business data ecosystem.
Livesight broadens NEWITY’s addressable market to organizations who critically rely on accurate business information, including data and analytics providers, identity platforms, CPA and law firms, and B2B software companies. Existing Livesight customers will continue to receive the same solution while gaining a larger organization to support product development and growth.
The acquisition adds a second proprietary data offering to NEWITY’s platform alongside Tax on Demand, the IRS tax transcript platform NEWITY built for its own underwriting operations and now offers as a standalone modular solution. Together, Livesight and Tax on Demand provide verified data from government sources to support entity verification, tax document retrieval, loan underwriting, compliance, and portfolio management.
The addition of Livesight advances NEWITY’s larger strategy to build AI-enabled modular solutions across business data, tax, UCC, insurance, and adjacent workflows. By combining proprietary data access with modern technology, automation, and purpose-built tools, NEWITY is creating infrastructure that helps organizations deliver faster, reliable, and scalable outcomes.
“Livesight solves a problem every financial institution, commercial lender and enterprise has and very few have solved well: knowing with certainty, in real time, that a business is what it claims to be,” said David Cody, Co-CEO and Founder of NEWITY. “Creating proprietary data access makes our platform sharper. As a standalone module, Livesight creates value far beyond our lending facilitation business.”
“We built Livesight from the ground up with one mission: make every small business visible, with a reliable picture of who they are and what they do,” said Peyman Hesami, co-founder and Chief Product Officer of Spring Labs, Livesight’s parent company. “We obsessed over coverage and accuracy, building advanced entity resolution technology to connect business records across Secretary of State databases and many other state and federal registries into a comprehensive picture of businesses across the U.S.
“NEWITY’s firsthand experience and deep expertise in small business lending make it an ideal home for Livesight’s continued growth and development. As the first users of the tools they build, they understand how data quality translates into better decisions for lenders and the businesses they serve. We’re excited to continue collaborating with NEWITY, exploring how their capabilities can support Zanko and SpringGRC, and how our platforms can contribute to theirs.”
Since 2020, NEWITY’s platform has facilitated access to more than $12 billion for over 125,000 small businesses. With Livesight, NEWITY expands the outcomes it helps enterprises achieve: verified business intelligence, efficient operations, and faster informed decisions for their customers.
About NEWITY
NEWITY is a financial technology company whose Enterprise Lending Suite has powered more than $12 billion in funding for over 125,000 businesses. By combining AI-powered, human-in-the-loop workflows with deep industry expertise, NEWITY helps financial institutions modernize operations, scale efficiently, and deliver stronger outcomes for their customers. Solutions are available end-to-end or as modular technology components. For more information, visit newitymarket.com.
About Livesight (Spring Labs)
Livesight is a business intelligence platform that combines broad data coverage with advanced entity resolution to provide a reliable picture of U.S. businesses. Drawing on regularly refreshed records from Secretary of State databases and other state and federal registries, Livesight supports lead qualification, Know Your Business (KYB) verification, and portfolio monitoring for lenders, credit unions, identity platforms, and B2B software companies. For more information, visit livesight.com
Contacts
NEWITY
Skyler Perry
Livesight (Spring Labs)
Peyman Hesami