Ring Ventures

An Alumni Ventures Group Fund and Community

Larry Warnock

Managing Partner

4 past transactions

TRAXyL

Seed Round in 2022
TRAXyL is a fiber deployment company that has developed FiberTRAX, a system that applies optical fiber directly to road surfaces to distribute broadband without trenching. The approach enables municipalities, internet service providers, and other organizations to extend connectivity quickly and cost-effectively to campuses, hospitals, military bases, and other challenged areas, supporting 5G rollout and efforts to close the digital divide. Founded in 2014 and based in Warrenton, Virginia, TRAXyL's technology aims to accelerate fiber deployment by painting fiber on pavement rather than burying cables.

TRAXyL

Seed Round in 2022
TRAXyL is a fiber deployment company that has developed FiberTRAX, a system that applies optical fiber directly to road surfaces to distribute broadband without trenching. The approach enables municipalities, internet service providers, and other organizations to extend connectivity quickly and cost-effectively to campuses, hospitals, military bases, and other challenged areas, supporting 5G rollout and efforts to close the digital divide. Founded in 2014 and based in Warrenton, Virginia, TRAXyL's technology aims to accelerate fiber deployment by painting fiber on pavement rather than burying cables.

SourceDay

Series C in 2022
Founded in 2013, SourceDay specializes in SaaS solutions for automating purchase order management processes. It offers a platform that centralizes PO processes, provides real-time supplier performance metrics, enables PO collaboration, and integrates with ERP systems. Serving manufacturing and distribution companies, SourceDay aims to reduce errors, delays, and frustrations in buyer-supplier relationships.

Spartan Radar

Seed Round in 2021
Spartan Radar develops software algorithms that enhance radar sensing capabilities. Leveraging machine learning and edge-processing, its technology mimics human focus to safely respond to obstacles. It improves resolution, response time, and range of existing ADAS sensors at an affordable cost with minimal computational overhead.
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