Alumni Ventures

Alumni Ventures Group, LLC is a venture capital firm founded in 2013 and based in Manchester, New Hampshire, with additional offices in major cities across North America. The firm specializes in seed, early-stage, and late-stage pre-IPO investments, focusing on companies with an alumni connection and supported by established institutional lead investors. Alumni Ventures aims to provide accredited investors, particularly alumni from top entrepreneurial schools, with access to diversified venture portfolios that span various sectors and geographic regions. The firm typically invests between $0.01 million and $3 million and does not require board or observer seats in its portfolio companies. Through its managed fund families, Alumni Ventures enables investors to participate in a collaborative investment approach, fostering connections among alumni while facilitating investment opportunities in innovative ventures.

Rob Adams

Managing Partner

Gail Ball

Venture Scout

Andrew Baum

Vice President, Treasury and Capital Management

David Beazley

Executive Partner

Ali Byrd

Investor Advisory Council Member

Matt Caspari

Managing Partner, Strawberry Creek and amp; Deep Tech

Matt Castellini

Senior Associate

Helen Chen

CEO Services Analyst

Cainon Coates

Managing Partner

Michael Collins

CEO

Thomas Edwards

Associate

Yev Gelfand

Investor

Mason Hale

Senior Associate, Chestnut Street and Triphammer Ven

Jin Kim

Senior Vice President, Office of Investments

Lucas Kirshenbaum

VC Investor

Ron Levin

Managing Partner, AV Seed Fund and Doctors Innovate Fund

Jess Liu-Brown

Principal

Michael Madden

Co-Founder and Investment Professionals

Jonathan Meltzer

Managing Partner

Tom Meyer

Managing Partner, Nassau Street

Keith Murphy

Director, Video Programs

David Muson

CFO

Aisha Robinson

Comms Team VP of Strategic Communications

Saad Shaheen

Investor Operations Manager

Stephen Stolzenberg

Senior Associate

Justin Strausbaugh

Managing Partner, Lakeshore

Brittney Wade

Senior Associate, Seed Fund

Sarah Worden

Venture Scout

Wesley Yiu

Partner

Henri Yuan

Investor

Michael Yuann

Director of Investment Operations

Past deals in Shopping

Pharmacy Mart

Seed Round in 2022
Pharmacy Marts is an online platform that enables pharmacists to get their daily prescriptions and medications from a variety of suppliers. Pharmacy Marts was founded in 2021 and is located in Cairo, Egypt.

Swaplanet

Seed Round in 2022
Swaplanet offers an online platform designed to help parents refresh their children's wardrobes sustainably. Parents can collect outgrown or unused clothing, toys, books, and accessories in good condition, which are then picked up from their homes by the company. Swaplanet sorts, washes, photographs, and lists these items on its site, allowing parents to receive credit for the items they send in. This credit can be used immediately to shop for replacement items, fostering a convenient swapping system. The platform charges a nominal fee per item to cover the costs associated with shipping, sorting, and washing, thereby enabling parents to save money while contributing to a reduced environmental impact.

Maisonette

Series C in 2022
Maisonette Inc. operates an online marketplace specializing in baby and child products. Founded in 2016 and headquartered in Brooklyn, New York, the company curates a selection of high-quality children's items sourced from renowned designer brands and unique boutiques worldwide. By focusing on an expertly curated shopping experience, Maisonette aims to provide a superior platform for both consumers seeking premium children's products and smaller retailers looking to reach a broader audience.

Trendsi

Series A in 2022
Developer of an e-commerce application designed to offer a tool to facilitate the online buying and selling of goods. The company utilizes its supply chain capability to build a reliable backbone to help anyone start and grow their fashion business at minimum risk without any upfront inventory or subscription cost, providing users with one-stop access to quality merchandise at affordable prices.

RocketCart

Seed Round in 2021
RocketCart is a grocery delivery service specializing in a diverse range of Korean products, offering customers free next-morning delivery directly to their homes. The service is currently available throughout Los Angeles and Orange County, California, as well as select areas in Riverside, Ventura, and San Bernardino Counties. RocketCart aims to enhance convenience for consumers by providing easy access to ethnic groceries online. The company plans to expand its delivery service nationwide in the near future.

Markable Creators

Convertible Note in 2020
BCG reported that 70% of Gen Z discover products through content platforms, not directly on a retailer website. Social commerce is NOW. The global fashion E-commerce digital advertising allocation is $200 billion. Mai is making social visual discovery shopping a reality on every photo and video across any social platforms or devices. Viewers can click and shop the clothing they see while watching videos, such as TV shows, movies, and other digital media. Mai bridges the gap between social content and e-commerce, through a fully-automated AI computer vision technology, a sophisticated e-commerce bidding system, and a user personalization system. At Mai, we have spent three years working with top computer vision AI scientists, AI engineers, and fashion experts that created the world’s 1st fully automated video fashion shopping solution. We are connected with numerous top global e-commerce platforms, with total 200M SKUs available, daily updated with an out-of-stock rate <3%. Moreover, Mai is already live with two of the biggest social content platforms in Asia, with more to come. Mai has won the No.1 winner of MIT AI Idol contest in Jul 2020, and also won the title of “Most fundable company by investment value” at the biggest Asia Internet Conference in Nov 2020.

Trendsi

Seed Round in 2020
Developer of an e-commerce application designed to offer a tool to facilitate the online buying and selling of goods. The company utilizes its supply chain capability to build a reliable backbone to help anyone start and grow their fashion business at minimum risk without any upfront inventory or subscription cost, providing users with one-stop access to quality merchandise at affordable prices.

Anycart

Seed Round in 2020
Anycart is a meal discovery and grocery shopping platform based in Mountain View, California. The application enables users to search for meals they wish to prepare, surfacing relevant recipes that incorporate the necessary ingredients, which can be added to their preferred grocery delivery cart. It offers step-by-step video cooking instructions to guide users through the cooking process, making meal planning accessible and affordable. Additionally, Anycart suggests other recipes that utilize any excess ingredients, helping users minimize waste while enhancing their cooking experience.

Picnic

Venture Round in 2020
Picnic B.V. is an online grocery store based in Amsterdam, Netherlands, which was founded in 2015. The company operates a platform that allows users to order groceries at competitive prices, with a focus on providing cost-effective services. Customers can place orders through the application for next-day delivery, with the company coordinating with local bakers, greengrocers, and other suppliers to fulfill these orders. Picnic distinguishes itself by utilizing electric vehicles for delivery, ensuring a sustainable approach to grocery shopping. The founders of the company are Frederik Nieuwenhuys, Joris Beckers, and Michiel Muller.

Zycada

Series B in 2020
Zycada Networks, Inc. offers an innovative eCommerce acceleration platform designed to enhance the online shopping experience for retailers. Founded in 2014 and based in Campbell, California, Zycada utilizes bot-driven technology to pre-assemble content for users, significantly improving the speed and personalization of digital shopping. As online shoppers increasingly demand rapid and tailored experiences, Zycada addresses this need by enabling retailers to compute and deliver dynamic content more efficiently. The platform adapts to real-time network conditions, ensuring a consistent quality of experience. Retailers leveraging Zycada's technology have reported revenue gains exceeding 5%, highlighting the effectiveness of the platform in boosting customer engagement and overall sales.

Lentesplus

Series D in 2020
Lentesplus.com is a prominent e-commerce platform that specializes in the sale of contact lenses, transforming the Latin American market by offering competitive prices that are typically 20% to 30% lower than industry standards. The company operates in Colombia, Mexico, Chile, and Argentina, focusing on delivering a seamless shopping experience. Customers can easily order contact lenses and, in many cases, receive their products on the same day. Lentesplus also emphasizes customer service by simplifying the reordering process to just two clicks. Additionally, the platform assists customers in obtaining accurate visual exams from specialists to ensure the correct fit and specifications of their lenses, thereby enhancing the overall shopping experience.

Verishop

Series B in 2020
Verishop is an online shopping portal based in Santa Monica, California, founded in 2018. It positions itself as a premium lifestyle destination, offering a curated selection of elevated brands in fashion, beauty, home, and more. The platform connects independent brands and creators with consumers, facilitating the discovery of unique products alongside an efficient online purchasing process and fast delivery. Verishop aims to provide a quality-driven shopping experience, making it a go-to resource for customers seeking luxury and distinctive items.

Anycart

Venture Round in 2020
Anycart is a meal discovery and grocery shopping platform based in Mountain View, California. The application enables users to search for meals they wish to prepare, surfacing relevant recipes that incorporate the necessary ingredients, which can be added to their preferred grocery delivery cart. It offers step-by-step video cooking instructions to guide users through the cooking process, making meal planning accessible and affordable. Additionally, Anycart suggests other recipes that utilize any excess ingredients, helping users minimize waste while enhancing their cooking experience.

Commerce.js

Pre Seed Round in 2020
Chec/Commerce.js is a Vancouver-based company that offers an API-first e-commerce platform tailored for developers and designers. Founded in 2016, the platform enables users to create customized web and mobile solutions for selling both physical and digital goods. With its headless architecture, Chec allows businesses to sell directly to customers through various channels, including storefronts, links, and embedded solutions. The platform also provides a developer API, Commerce.js, which offers extensive customization options for users looking to build a unique e-commerce experience.

Galaxy

Seed Round in 2019
Galaxy is a fashion resale marketplace that offers vintage, handmade, and upcycled clothing, through live video.

Verishop

Venture Round in 2019
Verishop is an online shopping portal based in Santa Monica, California, founded in 2018. It positions itself as a premium lifestyle destination, offering a curated selection of elevated brands in fashion, beauty, home, and more. The platform connects independent brands and creators with consumers, facilitating the discovery of unique products alongside an efficient online purchasing process and fast delivery. Verishop aims to provide a quality-driven shopping experience, making it a go-to resource for customers seeking luxury and distinctive items.

Commerce.js

Venture Round in 2019
Chec/Commerce.js is a Vancouver-based company that offers an API-first e-commerce platform tailored for developers and designers. Founded in 2016, the platform enables users to create customized web and mobile solutions for selling both physical and digital goods. With its headless architecture, Chec allows businesses to sell directly to customers through various channels, including storefronts, links, and embedded solutions. The platform also provides a developer API, Commerce.js, which offers extensive customization options for users looking to build a unique e-commerce experience.

Markable Creators

Series A in 2019
BCG reported that 70% of Gen Z discover products through content platforms, not directly on a retailer website. Social commerce is NOW. The global fashion E-commerce digital advertising allocation is $200 billion. Mai is making social visual discovery shopping a reality on every photo and video across any social platforms or devices. Viewers can click and shop the clothing they see while watching videos, such as TV shows, movies, and other digital media. Mai bridges the gap between social content and e-commerce, through a fully-automated AI computer vision technology, a sophisticated e-commerce bidding system, and a user personalization system. At Mai, we have spent three years working with top computer vision AI scientists, AI engineers, and fashion experts that created the world’s 1st fully automated video fashion shopping solution. We are connected with numerous top global e-commerce platforms, with total 200M SKUs available, daily updated with an out-of-stock rate <3%. Moreover, Mai is already live with two of the biggest social content platforms in Asia, with more to come. Mai has won the No.1 winner of MIT AI Idol contest in Jul 2020, and also won the title of “Most fundable company by investment value” at the biggest Asia Internet Conference in Nov 2020.

Spruce Up

Seed Round in 2019
Spruce Up, Inc. is a home furniture and décor retailer based in Seattle, Washington, established in 2017. The company provides a personalized shopping service that combines artificial intelligence and design expertise to create tailored home and design solutions. By leveraging data science alongside a personal stylist, Spruce Up curates professionally designed looks featuring hand-picked items that align with individual customers' homes, budgets, and lifestyles.

GrubMarket

Series C in 2019
GrubMarket, Inc. operates an online marketplace that connects sellers of food and related items with customers, offering a wide range of products at wholesale prices. The marketplace features organic, vegan, gluten-free foods, fresh produce, snacks, beverages, pantry items, home goods, health and beauty products, as well as items for babies, pets, and specialty diets like non-GMO and paleo. GrubMarket sources products from local farms, fisheries, commercial kitchens, certified home kitchens, and restaurants, ensuring a diverse selection for its customers. Additionally, the company provides a Software-as-a-Service platform for food delivery services and has developed GrubMarket FarmBox, a gaming application. Founded in 2014, GrubMarket is headquartered in Newark, California, with an additional office in San Francisco.

Friendshop

Seed Round in 2019
Friendshop is an online retailer specializing in beauty and skincare products. The company offers a wide range of makeup items for the eyes, face, and lips, including eyeliners, foundations, lipsticks, and various skincare essentials like face masks and sunscreens. Based in San Francisco, California, Friendshop innovates the shopping experience by enabling users to recruit friends to shop together, which allows them to unlock exclusive deals on popular brands such as Urban Decay, NARS, and Drunk Elephant. This approach to social shopping sets Friendshop apart in the beauty retail sector.

Style Genome

Seed Round in 2019
Style Genome is an AI-driven online marketplace focused on personalized homeware shopping. Based in Seattle and developed by Spruce Up Inc., it creates a tailored shopping experience that helps customers discover and select quality items for their homes. The platform enables users to design their living spaces according to their preferences by providing a curated selection of everyday home decor products in real-time. This unique approach aims to simplify the process of home design and enhance customer satisfaction through personalization.

Markable Creators

Venture Round in 2017
BCG reported that 70% of Gen Z discover products through content platforms, not directly on a retailer website. Social commerce is NOW. The global fashion E-commerce digital advertising allocation is $200 billion. Mai is making social visual discovery shopping a reality on every photo and video across any social platforms or devices. Viewers can click and shop the clothing they see while watching videos, such as TV shows, movies, and other digital media. Mai bridges the gap between social content and e-commerce, through a fully-automated AI computer vision technology, a sophisticated e-commerce bidding system, and a user personalization system. At Mai, we have spent three years working with top computer vision AI scientists, AI engineers, and fashion experts that created the world’s 1st fully automated video fashion shopping solution. We are connected with numerous top global e-commerce platforms, with total 200M SKUs available, daily updated with an out-of-stock rate <3%. Moreover, Mai is already live with two of the biggest social content platforms in Asia, with more to come. Mai has won the No.1 winner of MIT AI Idol contest in Jul 2020, and also won the title of “Most fundable company by investment value” at the biggest Asia Internet Conference in Nov 2020.

Markable Creators

Venture Round in 2017
BCG reported that 70% of Gen Z discover products through content platforms, not directly on a retailer website. Social commerce is NOW. The global fashion E-commerce digital advertising allocation is $200 billion. Mai is making social visual discovery shopping a reality on every photo and video across any social platforms or devices. Viewers can click and shop the clothing they see while watching videos, such as TV shows, movies, and other digital media. Mai bridges the gap between social content and e-commerce, through a fully-automated AI computer vision technology, a sophisticated e-commerce bidding system, and a user personalization system. At Mai, we have spent three years working with top computer vision AI scientists, AI engineers, and fashion experts that created the world’s 1st fully automated video fashion shopping solution. We are connected with numerous top global e-commerce platforms, with total 200M SKUs available, daily updated with an out-of-stock rate <3%. Moreover, Mai is already live with two of the biggest social content platforms in Asia, with more to come. Mai has won the No.1 winner of MIT AI Idol contest in Jul 2020, and also won the title of “Most fundable company by investment value” at the biggest Asia Internet Conference in Nov 2020.
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