Avid Ventures

Nava is a new kind of benefits brokerage on a mission to bring high-quality, affordable healthcare to employers and their employees. It offers healthcare tools, year-round employee advocacy, and ongoing measurement to monitor and recommend healthcare plans, thus enabling clients to provide the required benefits to their employees while lowering overall plan cost.

Coast is a developer of a card payment platform designed to make fleet and gasoline payments easier for truck drivers. The company's platform provides payment integration solutions to fleets, making fleet administration easier than traditional financial services.

Pento makes payroll painless, empowering HR & Finance teams by streamlining automation, calculation, payments, compliance & reporting. Pento provides a SaaS-based online platform that optimizes payroll services, enabling companies of all sizes to process pay with ease - but without a lot of time! Pento automates salary processing, taxes and is fully connected to HMRC, as well as offering a range of HRIS & accounting/ERP integrations, to make managing compensation and benefits a breeze. Active in the UK since 2020, Pento is remote-first, with a nominal HQ in London, United Kingdom.

MAJORITY develops an app-based platform that facilitates digital banking services for migrants. For $5 a month, MAJORITY members in the U.S. receive an FDIC-secured account, VISA® debit card, use of more than 55,000 ATMs across North America, remittance and international calling, native language advisors, and access to the network of community meet-up spaces, local discounts, and events.

Clara is a financial technology company focused on simplifying home mortgage financing for individuals and families. By leveraging advanced technology, Clara aims to enhance the efficiency, transparency, and personalization of the mortgage origination process. Its online lending platform facilitates an easy and streamlined experience for consumers, allowing them to secure home financing quickly and clearly. In addition to its mortgage offerings, Clara also provides a suite of financial tools designed for businesses, including corporate expense management solutions, corporate cards, and bill payment services. This comprehensive approach enables both consumers and businesses to manage their financial needs with greater ease and control.

Alloy Online is a prominent digital media and marketing company based in New York, catering primarily to the 12-34 demographic. It operates as an e-commerce destination site and apparel cataloger for teens, combining a robust online shopping experience with a highly trafficked community platform that features interactive elements such as email, chat, and social networking. Additionally, Alloy's services include nontraditional media programs that effectively reach targeted consumer segments through various channels, including interactive and display advertising, direct mail, content production, and educational programming. By focusing on entertainment and lifestyle trends, Alloy Online provides its audience with inspiration and recommendations across a range of interests, including shows, movies, health, and fitness.

Balance is a digital payments platform designed to make the B2B online purchasing experience delightful for buyers and vendors alike. The company was founded in 2019 by Bar Geron and Yoni Shuster and is headquartered in Tel Aviv, Israel.

Coast is a developer of a card payment platform designed to make fleet and gasoline payments easier for truck drivers. The company's platform provides payment integration solutions to fleets, making fleet administration easier than traditional financial services.

Oyster is on a mission to create a more equal world by making it possible for companies everywhere to hire people anywhere. The company's HR platform for globally distributed companies enables growing organizations to give valued international team members the experience they deserve, without the usual headaches or expense. Oyster empowers hiring anywhere in the world with reliable, compliant payroll and great local benefits and perks. Founded in January 2020 by Tony Jamous and Jack Mardack, Oyster is itself a fully remote company with a diverse, globally distributed team.

MAJORITY develops an app-based platform that facilitates digital banking services for migrants. For $5 a month, MAJORITY members in the U.S. receive an FDIC-secured account, VISA® debit card, use of more than 55,000 ATMs across North America, remittance and international calling, native language advisors, and access to the network of community meet-up spaces, local discounts, and events.

Clara is a financial technology company focused on simplifying home mortgage financing for individuals and families. By leveraging advanced technology, Clara aims to enhance the efficiency, transparency, and personalization of the mortgage origination process. Its online lending platform facilitates an easy and streamlined experience for consumers, allowing them to secure home financing quickly and clearly. In addition to its mortgage offerings, Clara also provides a suite of financial tools designed for businesses, including corporate expense management solutions, corporate cards, and bill payment services. This comprehensive approach enables both consumers and businesses to manage their financial needs with greater ease and control.

Staircase is an API marketplace which allows for low code integrations and the orchestration of technology providers in the US residential mortgage industry. We enable all parties throughout mortgage origination and servicing to easily communicate with zero friction. You can think of us as “AWS marketplace for mortgage.” Staircase allows for seamless integration by learning the integration style and data model of all of our customers and partners and translating between any and all parties using a proprietary graph database model. That means that once you have integrated to Staircase, you never have to do another integration or data translation again. Our mission is frictionless adoption of technology in the US mortgage market in order to help move the industry to a better borrower experience and to help catalyze innovation by reducing the cost to build and integrate applications.

Today, accounting teams keep their books in sync with customers and vendors by manually transcribing paper, email, and PDFs into their accounting system. This manual transcription is slow and error-prone creating cash traps in receivables and cash leaks in payables. We believe there is a better way to keep books up to date and cash flowing. At Lockstep, we're re-imagining how accounting teams work by transforming the current network of emails into trusted connections between accounting systems. Lockstep makes accounting more accurate and timely, improves cash flow, and frees staff to focus on high value activities.

Nava is a new kind of benefits brokerage on a mission to bring high-quality, affordable healthcare to employers and their employees. It offers healthcare tools, year-round employee advocacy, and ongoing measurement to monitor and recommend healthcare plans, thus enabling clients to provide the required benefits to their employees while lowering overall plan cost.

Alloy Online is a prominent digital media and marketing company based in New York, catering primarily to the 12-34 demographic. It operates as an e-commerce destination site and apparel cataloger for teens, combining a robust online shopping experience with a highly trafficked community platform that features interactive elements such as email, chat, and social networking. Additionally, Alloy's services include nontraditional media programs that effectively reach targeted consumer segments through various channels, including interactive and display advertising, direct mail, content production, and educational programming. By focusing on entertainment and lifestyle trends, Alloy Online provides its audience with inspiration and recommendations across a range of interests, including shows, movies, health, and fitness.

Remesh offers an AI-powered platform that enables users to have live conversations with their customers at scale and organize audience responses in real-time. It helps users to understand their customers or employees and make more informed business decisions by empowering them to engage with up to 1,000 people at once- online and in real-time.

Nova Credit is a data analytics company that enables businesses to grow responsibly by harnessing open banking and alternative credit data. The company leverages its unique set of data sources, bank-grade infrastructure and compliance framework, and proprietary credit expertise to help lenders fill the gaps that exist in traditional credit analytics. Nova Credit serves as the bridge between data and credit excellence, providing a comprehensive suite of solutions designed to give lenders a competitive edge in the open finance era. Its cross-border credit solution, Credit Passport®, and cash flow underwriting and verification solution, Cash Atlas™, are used by leading organizations like American Express, Verizon, HSBC, SoFi, Scotiabank, and Yardi. Nova Credit is backed by investors including Canapi Ventures, Kleiner Perkins, General Catalyst, and Index Ventures as well as executives from Goldman Sachs, JP Morgan, and Citi. Learn more at www.novacredit.com/business or reach out to connect@novacredit.com.

Staircase is an API marketplace which allows for low code integrations and the orchestration of technology providers in the US residential mortgage industry. We enable all parties throughout mortgage origination and servicing to easily communicate with zero friction. You can think of us as “AWS marketplace for mortgage.” Staircase allows for seamless integration by learning the integration style and data model of all of our customers and partners and translating between any and all parties using a proprietary graph database model. That means that once you have integrated to Staircase, you never have to do another integration or data translation again. Our mission is frictionless adoption of technology in the US mortgage market in order to help move the industry to a better borrower experience and to help catalyze innovation by reducing the cost to build and integrate applications.