Alumni Ventures Group

Alumni Ventures Group is a venture capital firm based in Manchester, New Hampshire, with offices across North America. It provides access to venture investing for individual accredited investors, particularly alumni networks, by offering diversified portfolios of venture opportunities and allowing members to invest alongside fellow alumni in ventures led by peers. The firm backs early-stage and later-stage opportunities across technology, consumer, healthcare, financial services, and other sectors, with a sector- and geography-agnostic approach. It typically invests between $10,000 and $3 million per deal and emphasizes the involvement of alumni connections and an institutional lead investor in opportunities. Alumni Ventures also offers focused funds to broaden participation, enabling accredited investors to access venture portfolios diversified by type, sector, stage, and geography. The model aims to democratize access to venture capital while maintaining rigorous selection standards through alumni networks.

Andrew Baum

Vice President, Treasury and Capital Management

David Beazley

Managing Partner

Matthew Caspari

Managing Partner

Matt Castellini

Senior Associate

Helen Chen

CEO Services Analyst

Past deals in Storage Services

Coldcart

Seed Round in 2024
Coldcart is a technology platform specializing in the orchestration and optimization of frozen and refrigerated parcel logistics for direct-to-consumer (D2C) and business-to-business (B2B) companies. The company provides an eCommerce fulfillment and logistics solution that enhances real-time inventory management, streamlines picking and packing processes, and identifies the shortest delivery routes. By addressing the complexities associated with cold chain fulfillment, Coldcart ensures that clients’ frozen and refrigerated products reach customers in optimal condition and on schedule. This capability not only improves operational efficiencies but also helps clients enhance profit margins, boost customer retention, and facilitate faster business growth.

Activeloop

Series A in 2024
Activeloop is a technology company that specializes in providing a distributed cloud computing platform designed for building and scaling data pipelines for machine learning applications. Its flagship product, Deep Lake, is a database optimized for artificial intelligence, particularly for deep learning and large language model (LLM) applications. Deep Lake offers a unique storage format that accommodates various data types, including embeddings, audio, text, videos, images, and annotations. The platform features capabilities for querying, vector search, data streaming during model training, and comprehensive data versioning and lineage management. Deep Lake is designed to handle data of any size in a serverless environment, facilitating seamless integration with popular tools such as LangChain and Weights & Biases. The platform is utilized by notable organizations, including Bayer Radiology and Matterport. Founded by a team with backgrounds from prestigious institutions such as Princeton and Stanford, Activeloop has garnered support from Y Combinator, positioning itself as a key player in the machine learning and AI data management landscape.

GetDynasty

Seed Round in 2024
GetDynasty is a technology company specializing in digital estate planning. It offers a user-friendly platform that enables individuals to create a Digital Living Trust in minutes, securely adding their assets and designating beneficiaries. The platform aims to simplify estate planning and asset protection, providing features like remote trust creation, digital storage, and seamless asset transfer. By using GetDynasty, users can avoid probate, ensure smooth asset distribution, and manage inheritances efficiently, thereby protecting and preserving family assets.

Lambda

Series C in 2023
Lambda specializes in deep-learning infrastructure, offering cloud technology, servers, and workstations pre-configured with common ML frameworks. This enables clients to simplify and accelerate the training and deployment of deep learning models, empowering AI engineers to construct, test, and deploy AI products efficiently and securely.

Elastio Software

Series A in 2023
Elastio specializes in cloud-native data protection, safeguarding applications against risks such as ransomware, failures, and deployment errors. Its platform, powered by ScaleZ™ storage and inline active ransomware intelligence, offers application-specific backups, automated scanning for threats, fast recoveries, and flexible data movement. Purpose-built for the cloud, Elastio delivers easy deployments, robust protection, and immediate value.

Legacy

Series B in 2022
Legacy is a company focused on transforming male fertility through innovative testing and preservation solutions. Founded by healthcare and fertility experts, Legacy provides home-based kits that allow men to analyze, improve, and preserve their sperm without the need to visit a clinic. Their offerings include sperm analysis and cryogenic storage options, facilitating the preservation of fertility for clients in a straightforward and accessible manner. The company collaborates with leading hospitals, fertility clinics, and progressive employers to ensure high-quality services. Legacy has garnered recognition through various awards, including victories at TechCrunch Disrupt and MassChallenge Boston, and has attracted investment from notable firms such as Bain Capital Ventures and Section 32.

Deliverr

Series E in 2021
Deliverr, Inc. is a San Francisco-based company that specializes in order fulfillment services for e-commerce retailers. Founded in 2017, it aims to empower sellers, regardless of their size, by providing fast and cost-effective fulfillment solutions. Deliverr offers a comprehensive platform that utilizes machine learning and predictive intelligence to enhance the shipping process. Its services include warehousing, order handling, picking, packing, and packaging, enabling online merchants to meet shipping standards and avoid penalties for late shipments. By offering multiple shipping options, Deliverr helps e-tailers improve customer satisfaction, increase conversion rates, and expand their market reach.

Almanac Labs

Venture Round in 2021
The ALMANAC Lab is a full deployment of the ALMANAC Smart City Enablers which can be used to experiment with IoT in a Smart City context. Use their components when building YOUR IoT solution, here at the ALMANAC-Lab. You can experiment with the OPEN data they are publishing, or add your own. If you prefer, download their platform, and get started with things like storage, messaging, security in just a few seconds. Their components can be used individually, or together as a comprehensive Reliable Smart Secure Internet of Things for Smart Cities platform.

Wasabi

Series C in 2021
Wasabi Technologies, Inc. is a Boston-based company that offers a cloud storage platform tailored for hybrid and multi-cloud media workflows. Founded in 2016, Wasabi provides hot storage solutions that utilize an Amazon S3 compatible API, enabling organizations to store and access data quickly, with average time-to-first-byte speeds under 15 milliseconds. The company's platform is designed to be simple and affordable, allowing customers to access unlimited data without complex pricing tiers or unpredictable egress fees. Wasabi's services cater to various industries, including media and entertainment, education, scientific research, law enforcement, healthcare, and energy. The company has gained recognition for its rapid growth and innovative approach to cloud storage, serving tens of thousands of customers worldwide.

bit.io

Seed Round in 2021
Founded in 2019, bit.io is a San Francisco-based company offering a zero-configurable, scalable cloud database. It combines secure data storage and querying with social features akin to GitHub, enabling users to share databases easily.

Ondat

Series B in 2021
Ondat is a developer of a cloud-native storage platform that facilitates persistent storage volumes directly on any Kubernetes node, offering flexibility in data management for containerized applications. The platform enables users to deploy applications and data storage across various environments, ensuring high levels of application performance, resilience, and dependability. Ondat supports containerized databases and CI/CD workloads, providing advanced features such as erasure coding, replication, and data reduction through deduplication and compression. Additionally, it enhances data mobility with replication and migration services, ensuring secure data storage and management through encryption and policy management. This empowers clients to maintain control over their data while optimizing their cloud infrastructure.

Flexe

Series C in 2021
Flexe, Inc. operates a cloud-based warehousing services marketplace that connects organizations needing additional warehousing and fulfillment services with those that have excess capacity. Founded in 2013 and headquartered in Seattle, the company specializes in omnichannel logistics, providing solutions for eCommerce fulfillment, retail distribution, same-day delivery, and network capacity. By integrating technology with an open logistics network, Flexe enables retailers, wholesalers, manufacturers, and logistics companies to optimize their operations, address inventory overflow, and streamline material handling. This approach allows clients to enhance their distribution networks by accessing affordable warehouse spaces, thereby maximizing revenue potential while maintaining operational efficiency.

Wasabi

Series B in 2020
Wasabi Technologies, Inc. is a Boston-based company that offers a cloud storage platform tailored for hybrid and multi-cloud media workflows. Founded in 2016, Wasabi provides hot storage solutions that utilize an Amazon S3 compatible API, enabling organizations to store and access data quickly, with average time-to-first-byte speeds under 15 milliseconds. The company's platform is designed to be simple and affordable, allowing customers to access unlimited data without complex pricing tiers or unpredictable egress fees. Wasabi's services cater to various industries, including media and entertainment, education, scientific research, law enforcement, healthcare, and energy. The company has gained recognition for its rapid growth and innovative approach to cloud storage, serving tens of thousands of customers worldwide.

Humio

Series B in 2020
Humio Limited is a technology company that develops a live observability platform aimed at comprehensive event analysis through a time-series logging and aggregation system. Founded in 2016 and headquartered in London, England, Humio caters to a diverse range of industries, including higher education, financial services, government, healthcare, transportation, and technology. The platform is designed for unrestricted and efficient handling of massive volumes of log data, allowing users to aggregate, explore, report, and analyze information from various sources. It can be deployed on any infrastructure, both in the cloud and on-premises, and features an index-free architecture that facilitates real-time data exploration. Humio's innovative data storage and in-memory search technologies provide a cost-effective log management solution that minimizes hardware and engineering resource requirements. Additionally, the company has offices in Aarhus, Denmark; San Francisco, California; and Seattle, Washington.

Deliverr

Venture Round in 2019
Deliverr, Inc. is a San Francisco-based company that specializes in order fulfillment services for e-commerce retailers. Founded in 2017, it aims to empower sellers, regardless of their size, by providing fast and cost-effective fulfillment solutions. Deliverr offers a comprehensive platform that utilizes machine learning and predictive intelligence to enhance the shipping process. Its services include warehousing, order handling, picking, packing, and packaging, enabling online merchants to meet shipping standards and avoid penalties for late shipments. By offering multiple shipping options, Deliverr helps e-tailers improve customer satisfaction, increase conversion rates, and expand their market reach.

Legacy

Seed Round in 2019
Legacy is a company focused on transforming male fertility through innovative testing and preservation solutions. Founded by healthcare and fertility experts, Legacy provides home-based kits that allow men to analyze, improve, and preserve their sperm without the need to visit a clinic. Their offerings include sperm analysis and cryogenic storage options, facilitating the preservation of fertility for clients in a straightforward and accessible manner. The company collaborates with leading hospitals, fertility clinics, and progressive employers to ensure high-quality services. Legacy has garnered recognition through various awards, including victories at TechCrunch Disrupt and MassChallenge Boston, and has attracted investment from notable firms such as Bain Capital Ventures and Section 32.

Almanac Labs

Venture Round in 2019
The ALMANAC Lab is a full deployment of the ALMANAC Smart City Enablers which can be used to experiment with IoT in a Smart City context. Use their components when building YOUR IoT solution, here at the ALMANAC-Lab. You can experiment with the OPEN data they are publishing, or add your own. If you prefer, download their platform, and get started with things like storage, messaging, security in just a few seconds. Their components can be used individually, or together as a comprehensive Reliable Smart Secure Internet of Things for Smart Cities platform.

Wasabi

Series B in 2018
Wasabi Technologies, Inc. is a Boston-based company that offers a cloud storage platform tailored for hybrid and multi-cloud media workflows. Founded in 2016, Wasabi provides hot storage solutions that utilize an Amazon S3 compatible API, enabling organizations to store and access data quickly, with average time-to-first-byte speeds under 15 milliseconds. The company's platform is designed to be simple and affordable, allowing customers to access unlimited data without complex pricing tiers or unpredictable egress fees. Wasabi's services cater to various industries, including media and entertainment, education, scientific research, law enforcement, healthcare, and energy. The company has gained recognition for its rapid growth and innovative approach to cloud storage, serving tens of thousands of customers worldwide.

Wasabi

Series B in 2017
Wasabi Technologies, Inc. is a Boston-based company that offers a cloud storage platform tailored for hybrid and multi-cloud media workflows. Founded in 2016, Wasabi provides hot storage solutions that utilize an Amazon S3 compatible API, enabling organizations to store and access data quickly, with average time-to-first-byte speeds under 15 milliseconds. The company's platform is designed to be simple and affordable, allowing customers to access unlimited data without complex pricing tiers or unpredictable egress fees. Wasabi's services cater to various industries, including media and entertainment, education, scientific research, law enforcement, healthcare, and energy. The company has gained recognition for its rapid growth and innovative approach to cloud storage, serving tens of thousands of customers worldwide.

Wasabi

Series A in 2017
Wasabi Technologies, Inc. is a Boston-based company that offers a cloud storage platform tailored for hybrid and multi-cloud media workflows. Founded in 2016, Wasabi provides hot storage solutions that utilize an Amazon S3 compatible API, enabling organizations to store and access data quickly, with average time-to-first-byte speeds under 15 milliseconds. The company's platform is designed to be simple and affordable, allowing customers to access unlimited data without complex pricing tiers or unpredictable egress fees. Wasabi's services cater to various industries, including media and entertainment, education, scientific research, law enforcement, healthcare, and energy. The company has gained recognition for its rapid growth and innovative approach to cloud storage, serving tens of thousands of customers worldwide.

Wasabi

Venture Round in 2016
Wasabi Technologies, Inc. is a Boston-based company that offers a cloud storage platform tailored for hybrid and multi-cloud media workflows. Founded in 2016, Wasabi provides hot storage solutions that utilize an Amazon S3 compatible API, enabling organizations to store and access data quickly, with average time-to-first-byte speeds under 15 milliseconds. The company's platform is designed to be simple and affordable, allowing customers to access unlimited data without complex pricing tiers or unpredictable egress fees. Wasabi's services cater to various industries, including media and entertainment, education, scientific research, law enforcement, healthcare, and energy. The company has gained recognition for its rapid growth and innovative approach to cloud storage, serving tens of thousands of customers worldwide.
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