BIP Capital

BIP Capital is a venture capital firm based in Atlanta, Georgia, founded in 2016. The firm focuses on providing capital and operational support to emerging, high-growth companies, primarily targeting startups with annual revenues of up to $10 million. It typically invests between $2 million and $5 million, taking either minority or majority stakes depending on the circumstances. BIP Capital prides itself on being deeply involved with the entrepreneurs it partners with, offering not just financial backing but also a commitment to support their growth through the challenges of scaling a business. The firm seeks to collaborate with ambitious and resilient entrepreneurs who are dedicated to disrupting the status quo and achieving long-term success.

Shawn Welch

Co-Founder and Managing Partner

Past deals in Atlanta, GE

OncoLens

Series A in 2021
OncoLens develops technologies that improve cancer treatment planning, simplify tumor board management, facilitate survivorship care planning, and automate accreditation and quality reporting through an intelligent workflow engine that streamlines business processes and enables more informed clinical decision-making.

OncoLens

Seed Round in 2020
OncoLens develops technologies that improve cancer treatment planning, simplify tumor board management, facilitate survivorship care planning, and automate accreditation and quality reporting through an intelligent workflow engine that streamlines business processes and enables more informed clinical decision-making.

FinQuery

Venture Round in 2020
FinQuery is a technology-driven platform that enhances transparency in financial contracts, leases, and software agreements. Previously known as LeaseQuery, the company focuses on simplifying complex financial processes through its user-friendly software solutions. By leveraging artificial intelligence, FinQuery offers a cloud-based system that accurately calculates right-of-use assets and lease liabilities, helping organizations reduce costs and improve efficiency. This approach minimizes risks and errors, particularly during transitions to new lease accounting standards, ultimately supporting businesses in managing their significant expenditures more effectively.

NFHS Network

Series B in 2019
NFHS Network is a collaborative initiative between the National Federation of State High School Associations and its member state associations, managed by PlayOn. The network specializes in streaming high school sports and performing arts events, offering live broadcasts and on-demand content. It features a wide range of programming, including state playoff and championship games, as well as regular season and postseason sports coverage. By celebrating the achievements of student-athletes and student broadcasters, NFHS Network provides a platform for families and fans to conveniently watch events from anywhere, fostering community engagement and support for high school activities.

Proem Behavioral Health

Seed Round in 2019
Proem Behavioral Health is a developer of a behavioral healthcare platform focused on enhancing the treatment of mental illness. The company provides a clinical workflow software engine that delivers value-based care to both pediatric and adult patients. Its platform features digitized DSM-5 behavioral health screeners, assessments, and follow-up trackers, which are designed to meet or exceed the quality standards set by professional organizations and regulatory agencies. By enabling healthcare providers to adhere to quality care guidelines, manage costs effectively, and receive appropriate reimbursement for their services, Proem Behavioral Health aims to improve overall outcomes in mental health treatment.

OncoLens

Seed Round in 2019
OncoLens develops technologies that improve cancer treatment planning, simplify tumor board management, facilitate survivorship care planning, and automate accreditation and quality reporting through an intelligent workflow engine that streamlines business processes and enables more informed clinical decision-making.

Pointivo

Series A in 2019
Pointivo offers technology that enables users to use any camera to capture the dimensions of a structure and model the structure in 3D. The company creates cutting-edge technologies that empower a deeper understanding of the physical world. By combining machine learning, computer vision, and advanced analytics, the Pointivo Spatial IQ platform analyzes images from common capture methods from manned aerial to drones and mobile devices to automatically extract location, measurement, and understanding about physical assets and structures, with the highest-level accuracy. Pointivo was launched by Habib Fathi, Blake Patton, and Dan Ciprari in June 2014 and is based in Atlanta, Georgia.

OncoLens

Seed Round in 2019
OncoLens develops technologies that improve cancer treatment planning, simplify tumor board management, facilitate survivorship care planning, and automate accreditation and quality reporting through an intelligent workflow engine that streamlines business processes and enables more informed clinical decision-making.

ThingTech

Series A in 2019
ThingTech, LLC specializes in developing Software as a Service (SaaS) applications focused on enterprise asset management, fleet tracking, telematics, and scheduling optimization. Its flagship product, the ThingX platform, serves as an enterprise asset intelligence solution, leveraging the Internet of Things (IoT) to provide real-time data connectivity among devices, assets, and personnel. The company also offers an API service that integrates IoT devices, GPS, machines, and mobile applications, facilitating enhanced operational insights for both public and private sector organizations. Additionally, the ThingX Connect API Server supports various technologies, including sensors and location-based systems, to create connected fleets and assets. ThingTech's Transit Asset Management solution helps transit agencies manage and optimize their operations effectively. Founded in 2014 and based in Atlanta, Georgia, ThingTech caters to diverse sectors such as field service, heavy equipment rental, construction, and specialty logistics, enabling clients to improve operational efficiency and reduce costs.

Acivilate

Seed Round in 2017
Acivilate, Inc. is a technology social enterprise based in Atlanta, Georgia, that specializes in developing software as a service (SaaS) solutions aimed at reducing recidivism among returning citizens. The company's primary product, known as Pokket, serves as a cloud-based compliance platform that connects justice agencies and human service providers. It facilitates the synchronization of public and private social services case management, enabling effective communication and data exchange between drug, problem-solving, and juvenile courts. By addressing the unique challenges faced by individuals re-entering society, Acivilate aims to enhance rehabilitation efforts and support successful reintegration into the community. Founded in 2014, Acivilate is a majority woman-owned business that emphasizes measurable outcomes to ensure the effectiveness of its interventions.

2080 Media

Series F in 2017
2080 Media, Inc. operates as a digital media company. It focuses on the production and distribution of broadband content, as well as untelevised live sporting events. 2080 Media, Inc. was incorporated in 2008 and is based in Atlanta, Georgia.

AchieveIt

Series B in 2017
AchieveIt is a provider of a strategic and operational plan management platform that helps organizations effectively execute their most important initiatives. Founded in 2010, the company initially focused on strategy consulting for hospitals but evolved to address a common challenge faced by clients: the management of diverse strategic plans across various teams. Recognizing the need for an integrated approach, AchieveIt developed a platform that allows organizations to visualize and align their initiatives, resources, and results in a cohesive manner. This solution enables clients, ranging from utility companies to government agencies and Fortune 500 companies, to streamline their plan execution, significantly reducing the time spent on reporting and increasing the focus on achieving their goals. AchieveIt’s approach, known as Integrated Plan Management, empowers organizations to transform strategic thinking into actionable outcomes, facilitating a more effective execution process.

MLevel

Venture Round in 2017
MLevel, Inc. is a company based in Atlanta, Georgia, specializing in a cloud-based microlearning platform tailored for corporate training. Established in 2012, MLevel provides a game-based microlearning solution that enhances knowledge retention and skill application through engaging content delivered in bite-sized formats. The platform incorporates various activities, including games and videos, accessible on mobile devices, tablets, and desktops. It serves a diverse clientele, including Fortune 500 companies and educational publishers, by enabling them to leverage learning data for improved employee coaching and targeted reinforcement programs. This approach not only addresses knowledge gaps but also helps organizations demonstrate a return on investment in their training initiatives.

Car360

Series A in 2017
Atlanta-based CAR360 is at the forefront of bringing computer vision and augmented reality to the auto industry The CAR360 platform enables interactive visualization of cars and related data and increases revenue tor businesses that currently use pictures or videos for merchandising or inspecting vehicles. CAR360 streamlines the online buying experience while simultaneously reducing operational costs, making it quick and easy to capture vehicle imagery. The company got its start after founder Bruno Francois appeared on Shark Tank in 2013 and Mark Cuban became an investor. BIP Capital led the company's A-round in 2017.

Gro Solutions

Series A in 2017
Gro Solutions exists to enhance the customer acquisition process for banks and credit unions. Our goal is to increase the number of customers you have as well as the account portfolio of your current base. Our flagship product, Gro Account Opening utilizes the best of the mobile world allowing your organization to on-board the Digital native easier and in less time. Whether online, on the go or at the branch, your organization can open and fund new accounts in the less than 4 minutes.

MLevel

Series B in 2017
MLevel, Inc. is a company based in Atlanta, Georgia, specializing in a cloud-based microlearning platform tailored for corporate training. Established in 2012, MLevel provides a game-based microlearning solution that enhances knowledge retention and skill application through engaging content delivered in bite-sized formats. The platform incorporates various activities, including games and videos, accessible on mobile devices, tablets, and desktops. It serves a diverse clientele, including Fortune 500 companies and educational publishers, by enabling them to leverage learning data for improved employee coaching and targeted reinforcement programs. This approach not only addresses knowledge gaps but also helps organizations demonstrate a return on investment in their training initiatives.

UserIQ

Series A in 2016
UserIQ, headquartered in Atlanta, GA, is a software as a service (SaaS) company that provides a customer growth platform aimed at helping businesses enhance user success. The platform enables companies to track user interactions within web applications and combines user intelligence with targeted engagements and customer health metrics. This approach allows customer service, product management, and marketing teams to deliver timely and relevant communications, ultimately improving onboarding processes, enhancing feature adoption, and accelerating users' time-to-value. By focusing on individual user needs, UserIQ helps organizations drive increased revenue throughout the customer journey. In 2017, G2 Crowd recognized UserIQ for its high user adoption rates and its standing as a leading product within Atlanta's B2B tech sector.

AchieveIt

Series B in 2016
AchieveIt is a provider of a strategic and operational plan management platform that helps organizations effectively execute their most important initiatives. Founded in 2010, the company initially focused on strategy consulting for hospitals but evolved to address a common challenge faced by clients: the management of diverse strategic plans across various teams. Recognizing the need for an integrated approach, AchieveIt developed a platform that allows organizations to visualize and align their initiatives, resources, and results in a cohesive manner. This solution enables clients, ranging from utility companies to government agencies and Fortune 500 companies, to streamline their plan execution, significantly reducing the time spent on reporting and increasing the focus on achieving their goals. AchieveIt’s approach, known as Integrated Plan Management, empowers organizations to transform strategic thinking into actionable outcomes, facilitating a more effective execution process.

Luma

Series A in 2016
Luma was created by Dr. Paul Judge and Mike Van Bruinisse. Paul and Mike have worked together for 15 years solving complex networking and security problems for the largest companies in the world. With the rise of the connected home, people are using more devices than ever. Home WiFi networks now need to be able to keep every one of them running and fully secure. Mike, Paul, and the team decided to use their expertise to create the perfect, personalized WiFi network for everyone. On that day, Luma was born. Since then, the mission has been the same: To create the fastest, simplest, most secure, and most reliable home network that’s equipped for the technology of today, and tomorrow.

QASymphony

Series B in 2016
QASymphony is a leading agile software company that provides enterprise test case management and exploratory testing solutions for development and QA teams. QASymphony's qTest Platform helps companies create better software by improving speed, efficiency, collaboration and analysis during the testing process. The company has over 400 customers across 20 countries including Salesforce, Barclays, Adobe, Samsung, Verizon and Office Depot. QASymphony was recently selected by Gartner as a "Cool Vendor in Application Development" and by Red Herring as a "Global Top 100 Winner". The company is headquartered in Atlanta, GA. Background and History: QASymphony was founded in June 2011. QASymphony was co-founded by Vu Lam, CEO and Josh Lieberman. The company has it’s headquarters in Atlanta, GA, with additional offices in Dublin, CA and Ho Chi Minh City, Vietnam.

Cypress.io

Seed Round in 2015
Cypress.io, Inc. is a company that specializes in developing front-end testing tools for software applications, catering to both developers and QA engineers. Founded in 2014 and based in Atlanta, Georgia, Cypress.io provides an automated end-to-end and component testing solution designed for web applications. Its core offering, the open-source Cypress App, integrates various testing tools with a user-friendly graphical interface to facilitate monitoring and debugging of tests. Additionally, the company offers Cypress Cloud, a hosted service that enhances continuous integration (CI) processes by leveraging insights from previous test runs to improve debugging workflows, test suite analytics, and CI orchestration. With over 3,700 customers across 78 countries and 65 industries, Cypress has facilitated the execution of more than 5 billion tests, significantly improving developer efficiency while managing CI costs.

Luma

Seed Round in 2015
Luma was created by Dr. Paul Judge and Mike Van Bruinisse. Paul and Mike have worked together for 15 years solving complex networking and security problems for the largest companies in the world. With the rise of the connected home, people are using more devices than ever. Home WiFi networks now need to be able to keep every one of them running and fully secure. Mike, Paul, and the team decided to use their expertise to create the perfect, personalized WiFi network for everyone. On that day, Luma was born. Since then, the mission has been the same: To create the fastest, simplest, most secure, and most reliable home network that’s equipped for the technology of today, and tomorrow.

Crescerance

Series A in 2015
Crescerance, Inc. is a technology holding company founded in 2011, specializing in the development of software-as-a-service (SaaS) platforms aimed at enhancing organizational management and community engagement across various sectors. The company focuses on creating and assembling technologies that facilitate effective communication and engagement within educational settings. Its primary offering is a platform that connects parents, students, staff, alumni, and other community members, unifying communications across multiple technical platforms and mobile devices. By leveraging mobile app development, Crescerance aims to improve real-time communication and engagement for schools, districts, and educational associations, thereby enhancing the overall connectivity and interaction among the communities they serve.

MLevel

Series A in 2015
MLevel, Inc. is a company based in Atlanta, Georgia, specializing in a cloud-based microlearning platform tailored for corporate training. Established in 2012, MLevel provides a game-based microlearning solution that enhances knowledge retention and skill application through engaging content delivered in bite-sized formats. The platform incorporates various activities, including games and videos, accessible on mobile devices, tablets, and desktops. It serves a diverse clientele, including Fortune 500 companies and educational publishers, by enabling them to leverage learning data for improved employee coaching and targeted reinforcement programs. This approach not only addresses knowledge gaps but also helps organizations demonstrate a return on investment in their training initiatives.

StrataCloud

Series A in 2015
StrataCloud is the platform for Software Defined Infrastructure that delivers the agility of Public Cloud in the data center. It provides a unified infrastructure management solution for virtual, converged, and cloud environments. It simplifies and automates intelligent, validated decisions that speed deployment, optimize performance, right-size capacity, and increase IT productivity. The company was founded in 2009 and is based in Atlanta, Georgia.

AchieveIt

Series B in 2015
AchieveIt is a provider of a strategic and operational plan management platform that helps organizations effectively execute their most important initiatives. Founded in 2010, the company initially focused on strategy consulting for hospitals but evolved to address a common challenge faced by clients: the management of diverse strategic plans across various teams. Recognizing the need for an integrated approach, AchieveIt developed a platform that allows organizations to visualize and align their initiatives, resources, and results in a cohesive manner. This solution enables clients, ranging from utility companies to government agencies and Fortune 500 companies, to streamline their plan execution, significantly reducing the time spent on reporting and increasing the focus on achieving their goals. AchieveIt’s approach, known as Integrated Plan Management, empowers organizations to transform strategic thinking into actionable outcomes, facilitating a more effective execution process.

QASymphony

Series A in 2015
QASymphony is a leading agile software company that provides enterprise test case management and exploratory testing solutions for development and QA teams. QASymphony's qTest Platform helps companies create better software by improving speed, efficiency, collaboration and analysis during the testing process. The company has over 400 customers across 20 countries including Salesforce, Barclays, Adobe, Samsung, Verizon and Office Depot. QASymphony was recently selected by Gartner as a "Cool Vendor in Application Development" and by Red Herring as a "Global Top 100 Winner". The company is headquartered in Atlanta, GA. Background and History: QASymphony was founded in June 2011. QASymphony was co-founded by Vu Lam, CEO and Josh Lieberman. The company has it’s headquarters in Atlanta, GA, with additional offices in Dublin, CA and Ho Chi Minh City, Vietnam.

NexDefense

Convertible Note in 2014
NexDefense is empowering control system professionals with a suite of pro-active cyber security technology products and services specifically designed for Industrial Control Systems (ICS). Through Integrity™, engineers, security and control system operators can covertly maintain direct visibility, insight and awareness over risks to the resiliency of engineered networks without sacrificing productivity or performance. As the global leader, the NexDefense Integrity™ product suite can be found in utilities, oil & gas, defense, manufacturing, mining, chemicals and pharmaceuticals, water and wastewater, and transportation industries. In October 2013, the Battelle Energy Alliance (BEA) signed a Patent and Copyright License giving NexDefense exclusive rights to commercialize its Sophia software. Integrity™ is the next evolution of Sophia, which improves industrial production, safety, and cyber security by identifying and optimizing design flaws and misconfigurations, in addition to human errors, system failures and malicious activities.

Monsieur

Seed Round in 2014
Monsieur is the leader in the automated bartending space and has been featured on CNN, TechCrunch, and Business Insider. Monsieur is an artificially intelligent robotic bartender that makes great-tasting cocktails that keep people happy and businesses profitable.

WideAngle

Venture Round in 2014
Rivalry is software for your One on Ones. Companies including General Electric, IBM, At&t, and many more use Rivalry for their weekly One on Ones. Now One on Ones happen, are productive, and documented.

VoAPPs

Series B in 2014
VoAPPs, LLC is a developer of voice applications tailored for businesses and consumers, specializing in voicemail-related services. Founded in 2008 and based in Atlanta, Georgia, the company offers a range of solutions including Direct DROP Voicemail, which delivers recorded messages directly to mobile voicemail, and Text2VOICEMAIL, which converts text messages into voice messages for mobile voicemail. Other services include VoiceBROADCAST for traditional voice broadcasting, Text2LANDLINE for delivering messages to landline phones, and managedOPT-OUT, an automated service ensuring compliance with voice marketing regulations. VoAPPs' applications facilitate customer notifications, call center follow-ups, appointment reminders, and various alerts across industries such as e-commerce, healthcare, travel, and entertainment, enhancing communication efficiency while maintaining user convenience.

AchieveIt

Series A in 2013
AchieveIt is a provider of a strategic and operational plan management platform that helps organizations effectively execute their most important initiatives. Founded in 2010, the company initially focused on strategy consulting for hospitals but evolved to address a common challenge faced by clients: the management of diverse strategic plans across various teams. Recognizing the need for an integrated approach, AchieveIt developed a platform that allows organizations to visualize and align their initiatives, resources, and results in a cohesive manner. This solution enables clients, ranging from utility companies to government agencies and Fortune 500 companies, to streamline their plan execution, significantly reducing the time spent on reporting and increasing the focus on achieving their goals. AchieveIt’s approach, known as Integrated Plan Management, empowers organizations to transform strategic thinking into actionable outcomes, facilitating a more effective execution process.

2080 Media

Series D in 2013
2080 Media, Inc. operates as a digital media company. It focuses on the production and distribution of broadband content, as well as untelevised live sporting events. 2080 Media, Inc. was incorporated in 2008 and is based in Atlanta, Georgia.

VoAPPs

Series A in 2013
VoAPPs, LLC is a developer of voice applications tailored for businesses and consumers, specializing in voicemail-related services. Founded in 2008 and based in Atlanta, Georgia, the company offers a range of solutions including Direct DROP Voicemail, which delivers recorded messages directly to mobile voicemail, and Text2VOICEMAIL, which converts text messages into voice messages for mobile voicemail. Other services include VoiceBROADCAST for traditional voice broadcasting, Text2LANDLINE for delivering messages to landline phones, and managedOPT-OUT, an automated service ensuring compliance with voice marketing regulations. VoAPPs' applications facilitate customer notifications, call center follow-ups, appointment reminders, and various alerts across industries such as e-commerce, healthcare, travel, and entertainment, enhancing communication efficiency while maintaining user convenience.

Great Parents Academy

Seed Round in 2013
Great Parents Academy is a web-based math program for children in grades K-5. The platform’s lessons span the learning of a grade level offering supplemental help with over 150 lessons per grade. In this program, the child will learn math and receive tutoring, all while playing a game. It was founded in 2012 and headquartered in Atlanta, Georgia.

AchieveIt

Series A in 2012
AchieveIt is a provider of a strategic and operational plan management platform that helps organizations effectively execute their most important initiatives. Founded in 2010, the company initially focused on strategy consulting for hospitals but evolved to address a common challenge faced by clients: the management of diverse strategic plans across various teams. Recognizing the need for an integrated approach, AchieveIt developed a platform that allows organizations to visualize and align their initiatives, resources, and results in a cohesive manner. This solution enables clients, ranging from utility companies to government agencies and Fortune 500 companies, to streamline their plan execution, significantly reducing the time spent on reporting and increasing the focus on achieving their goals. AchieveIt’s approach, known as Integrated Plan Management, empowers organizations to transform strategic thinking into actionable outcomes, facilitating a more effective execution process.

AchieveIt

Series A in 2011
AchieveIt is a provider of a strategic and operational plan management platform that helps organizations effectively execute their most important initiatives. Founded in 2010, the company initially focused on strategy consulting for hospitals but evolved to address a common challenge faced by clients: the management of diverse strategic plans across various teams. Recognizing the need for an integrated approach, AchieveIt developed a platform that allows organizations to visualize and align their initiatives, resources, and results in a cohesive manner. This solution enables clients, ranging from utility companies to government agencies and Fortune 500 companies, to streamline their plan execution, significantly reducing the time spent on reporting and increasing the focus on achieving their goals. AchieveIt’s approach, known as Integrated Plan Management, empowers organizations to transform strategic thinking into actionable outcomes, facilitating a more effective execution process.

2080 Media

Series C in 2011
2080 Media, Inc. operates as a digital media company. It focuses on the production and distribution of broadband content, as well as untelevised live sporting events. 2080 Media, Inc. was incorporated in 2008 and is based in Atlanta, Georgia.

Digital Assent

Series B in 2011
Digital Assent is a healthcare technology company that specializes in patient engagement solutions for physicians and healthcare brands. Its primary offering, the PatientPad, is a tablet-based system that allows patients to check in for appointments upon arrival, access relevant health information while waiting, and provide feedback on their visit before leaving. Additionally, Digital Assent's software-as-a-service platform enables patients to register online in advance and facilitates the check-in process at the point of care, including insurance verification and consent form signing. Through these services, Digital Assent aims to enhance the patient experience and streamline administrative processes for healthcare providers.

PlayOn! Sports

Series B in 2010
PlayOn! Sports is a digital media platform dedicated to enhancing the experience of high school athletics and activities. Through its subsidiaries, including the NFHS Network, GoFan, and rSchoolToday, the company focuses on streaming high school sporting events, digital ticketing, scheduling, and sports marketing. By offering video production and a multi-platform distribution system, PlayOn! Sports enables fans nationwide to watch live and on-demand high school sports events, thereby increasing accessibility and engagement in local sports communities.

PlayOn! Sports

Series A in 2008
PlayOn! Sports is a digital media platform dedicated to enhancing the experience of high school athletics and activities. Through its subsidiaries, including the NFHS Network, GoFan, and rSchoolToday, the company focuses on streaming high school sporting events, digital ticketing, scheduling, and sports marketing. By offering video production and a multi-platform distribution system, PlayOn! Sports enables fans nationwide to watch live and on-demand high school sports events, thereby increasing accessibility and engagement in local sports communities.
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