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 focused on creating high-quality training datasets for applications in generative AI, computer vision, and natural language processing. The company provides advanced tools for annotating and automating machine learning pipelines, which include features for data curation, quality assurance, and orchestration. Additionally, SuperAnnotate offers an integrated workforce marketplace to facilitate collaboration on various annotation projects, including images, videos, text, and lidar data. By streamlining the process of compiling, organizing, and annotating data, SuperAnnotate enables machine learning teams to develop accurate datasets and successful machine learning models more efficiently.

Crisp

Series B in 2024
Crisp, Inc. is a technology company based in Brooklyn, New York, specializing in demand forecasting software tailored for the food industry. Founded in 2018, Crisp connects consumer packaged goods (CPG) companies to real-time point-of-sale and inventory data from over 40 retailers and distributors. This integration allows Crisp to deliver actionable insights and analytics through business intelligence tools and interactive dashboards. Nearly 6,000 CPGs utilize Crisp’s platform to gain critical sales and supply chain insights, helping them streamline operations and enhance their market performance. The company aims to minimize waste across the food supply chain while equipping brands and retailers with the necessary data to facilitate growth.

Carbyne

Venture Round in 2024
Carbyne specializes in cloud-native contact center solutions aimed at enhancing emergency communication infrastructure. As the largest provider of rich data for mission-critical centers, Carbyne processes over 250 million data points annually through a unified platform. Its technologies facilitate secure communication between emergency contact centers and callers, as well as connected devices, without the need for a consumer app. The company's application enables reporting through encrypted video, voice, images, and chat, along with accurate device-based location services. This real-time communication capability allows emergency call takers to analyze situations and provide timely support, ultimately improving operational efficiency and transparency. Carbyne's mission is to redefine emergency collaboration by connecting individuals, enterprises, and governments, thereby contributing to more effective emergency response and potentially saving lives.

Devoted

Series E in 2023
Devoted Health is a healthcare company focused on enhancing the health and well-being of older Americans by treating each individual with care and compassion. The company offers an integrated healthcare solution that includes Medicare Advantage plans, access to local providers, and the option for virtual and in-home care through Devoted Medical. Their approach includes personalized medical plans and dedicated guides who work closely with physicians to streamline care and minimize unnecessary procedures. By leveraging advanced technology and a robust network of healthcare professionals, Devoted Health aims to provide high-quality, tailored healthcare services to its members.

Nova Credit

Series C in 2023
Nova Credit Inc. is a credit reporting agency based in San Francisco, California, founded in 2016. The company specializes in providing alternative credit data and analytics, focusing on improving credit access for individuals, particularly immigrants. Nova Credit's platform facilitates cross-border consumer credit services, allowing lenders and property managers to make informed decisions regarding credit applications. Its proprietary solutions, including the Credit Passport® and Cash Atlas™, utilize a unique set of data sources and compliance frameworks to enhance traditional credit analytics. Major organizations such as American Express, Verizon, and HSBC use Nova Credit’s services to navigate the complexities of credit scoring in the open finance landscape. The company is supported by prominent investors and industry executives, emphasizing its role in bridging gaps in credit access and fostering responsible growth for businesses.

Humane

Series C in 2023
Humane is a company focused on developing consumer hardware and software that prioritizes human experience and interaction. By emphasizing a natural and familiar design, Humane aims to create technology that enhances human capabilities while fostering genuine collaboration between design and engineering. The company is dedicated to crafting products that benefit users, enabling both individuals and organizations to engage with devices and platforms that facilitate a seamless connection between humans and computing. Through its innovative approach, Humane seeks to redefine the relationship between technology and its users.
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