Socium Ventures

Socium Ventures is the corporate venture arm of Cox Enterprises, located in Atlanta, Georgia. The firm specializes in investing in early and growth-stage companies across a variety of sectors, including digital transformation, enterprise software, fintech and payments, government technology, healthcare services, marketplaces, sustainability, and tech-enabled services. Through these investments, Socium Ventures aims to support innovative companies that are poised for growth and to drive advancements in these key industries.

Timothy Howe

Principal

6 past transactions

SuperAnnotate

Series B in 2024
SuperAnnotate is a leading platform that specializes in creating high-quality training datasets for various applications in artificial intelligence, including generative AI, computer vision, and natural language processing. The company provides advanced annotation software designed to facilitate the annotation, training, and automation of machine learning pipelines. With a focus on scalability, SuperAnnotate offers tools for image, video, text, and lidar annotation, along with features that enhance collaboration and quality management. Additionally, it integrates programming software development kits to streamline the data organization and annotation process. By enabling machine learning teams to develop and manage accurate datasets efficiently, SuperAnnotate significantly accelerates the creation of successful machine learning models.

Crisp

Series B in 2024
Crisp, Inc. is a technology company established in 2018 and headquartered in Brooklyn, New York, that specializes in demand forecasting software tailored for the food industry. The company offers a data platform that connects consumer packaged goods (CPG) brands with real-time point-of-sale and inventory data from over 40 retailers and distributors. By leveraging advanced analytics and business intelligence tools, Crisp provides actionable insights through interactive dashboards, enabling nearly 6,000 CPGs to optimize sales and supply chain operations. The platform's primary aim is to enhance efficiency within the food supply chain, helping retailers and suppliers manage inventory effectively while reducing waste.

Carbyne

Venture Round in 2024
Carbyne is a provider of cloud-native, mission-critical contact center solutions aimed at enhancing emergency communication infrastructure. The company delivers a comprehensive platform that processes over 250 million data points annually, enabling emergency contact centers and select enterprises to securely connect with callers and devices without requiring a consumer app. Carbyne's technology facilitates reporting through encrypted video, voice, images, chat, and precise device-based location, allowing emergency call takers to analyze interactions in real-time. This capability enhances the efficiency and accuracy of emergency responses, ultimately contributing to life-saving outcomes. With a mission to improve collaboration among individuals, enterprises, and governments, Carbyne's solutions foster more transparent operations in public safety.

Devoted

Series E in 2023
Devoted Health, established in 2017 and headquartered in Newton, Massachusetts, specializes in providing comprehensive healthcare solutions for Medicare beneficiaries in the United States. The company offers Medicare Advantage plans, along with personalized care through dedicated health guides, both in-person and virtually. Devoted Health aims to improve the health and well-being of older Americans by combining access to top local providers, virtual and in-home care through Devoted Medical, and advanced technology to deliver tailored healthcare experiences.

Nova Credit

Series C in 2023
Nova Credit Inc. is a credit reporting agency based in San Francisco, California, incorporated in 2016. The company specializes in providing cross-border credit services, enabling immigrants to access financial services and housing by leveraging their credit history from their home countries. Nova Credit utilizes alternative credit data and bank-grade infrastructure to enhance traditional credit analytics, offering solutions such as Credit Passport®, which assists lenders in evaluating creditworthiness for individuals with limited local credit histories. Additionally, its Cash Atlas™ product provides cash flow underwriting and verification. By serving as a bridge between data and credit excellence, Nova Credit empowers businesses to make informed decisions and fosters responsible growth in the open finance landscape. The company collaborates with prominent organizations like American Express, Verizon, and HSBC, and is backed by notable investors and industry executives.

Humane

Series C in 2023
Humane is a company focused on developing consumer hardware and software that prioritize a natural and human-centered experience. By integrating innovative design with advanced engineering, Humane aims to create technology that enhances human interaction and collaboration. The company emphasizes the importance of crafting products that serve the needs of individuals, positioning itself as a leader in the evolution of computing. Through its commitment to developing technology that feels familiar and intuitive, Humane seeks to facilitate meaningful connections between people and devices, ultimately shaping the future of human-computer interaction.
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