Columbia University

Columbia University, a prestigious research institution and Ivy League school in New York City, is dedicated to advancing knowledge across all disciplines. It manages its endowment through the Columbia Investment Management Company (IMC), a wholly-owned subsidiary established in 2002. The IMC, led by an executive management team, oversees the bulk of the university's endowment, excluding real estate holdings and certain charitable giving vehicles. The earnings from these investments support various academic and public service programs, including scholarships, professorships, fellowships, and basic research. The university's endowment is ultimately governed by the board of trustees.

Steve Cohen

CEO

3 past transactions

Licify

Seed Round in 2023
Licify is a cloud-based procurement platform focused on the construction industry, facilitating improved interactions among developers, contractors, sub-contractors, and suppliers. By fostering a transparent and efficient community throughout the value chain, Licify enhances procurement and supply processes, leading to cost savings and increased profitability. The platform offers digital supply-chain management solutions that streamline transactions between builders and suppliers, allowing purchasing teams to operate more effectively and control project expenses. Utilizing advanced technology, Licify validates supplier information for compliance and enhances the analysis of proposals and budget data, empowering clients to make informed purchasing decisions.

AvoMD

Seed Round in 2023
AvoMD is a technology company that specializes in transforming complex clinical content into easily accessible, actionable guidance for healthcare professionals at the point-of-care. Its no-code software platform converts guidelines, algorithms, pathways, and checklists into "virtual clinical consults," available instantly on standalone web/mobile apps and integrated within electronic health records (EHR). Partnering with leading medical societies and health systems, AvoMD aims to provide expert guidance to clinicians, improving patient outcomes while saving them approximately 50% of the time spent accessing and using information at the point-of-care.

Kelvin

Seed Round in 2016
Kelvin is an energy management and electrification platform focused on enhancing radiator-heated buildings. The company utilizes its innovative Radiator Labs system, which features smart thermostatic radiator enclosures that are connected to central heating controls. This technology aims to reduce fuel waste, lower building emissions, and improve tenant comfort. Kelvin's hybrid electrification platform allows buildings to electrify 60-80% of their space heating requirements at a fraction of the cost of traditional electrification methods. The system can be programmed to optimize heating sources based on factors such as energy pricing and carbon fines, helping radiator-heated buildings comply with NYC's 2030 emission caps at reduced costs. The effectiveness of Radiator Labs' technology has been validated by NYSERDA, demonstrating an average savings of 25.5% in heating costs. Kelvin's innovations have garnered multiple awards and recognitions, affirming its commitment to sustainable energy solutions in the built environment.
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