Boro Capital

Boro Capital is a New York City-based venture capital firm that focuses on investing in technology and tech-enabled startups during their initial rounds of institutional funding, specifically pre-seed and seed stages. The firm sources its deal pipeline through strategic relationships with leading startup accelerator programs and angel investor groups in New York City, allowing it to gain early access to promising emerging companies. Boro Capital aims to support seed-stage and early-stage technology firms across the United States, fostering innovation and growth within the tech sector.

Daniel Roever

Managing Partner

19 past transactions

Elm AI (Formerly Esger)

Seed Round in 2025
Elm AI's patent-pending software helps companies assess the environmental and social impact of their supply chains

Qortex

Seed Round in 2023
Qortex is an intelligent video analytics company that specializes in enhancing video content distribution across various platforms, including the web, connected TV, and in-game environments. Its innovative platform utilizes patent-pending, AI-enabled multimodal sensory technology, allowing users to efficiently search, categorize, and curate significant video moments at scale, regardless of factors like volume, time, language, or context. By leveraging artificial intelligence, Qortex matches advertisers with contextually relevant video moments, thus facilitating enriched viewer experiences and driving business outcomes. The company also enables brands and enterprises to monetize social videos, allowing users to create, manage, and launch sponsored content on multiple social media platforms. Through its collaboration with publishers and brands, Qortex offers scalable in-video experiences that enhance engagement and effectiveness in video marketing.

DetraPel

Series A in 2023
DetraPel, Inc. is a cleantech advanced materials company based in Framingham, Massachusetts, founded in 2013. The company specializes in the synthesis and manufacture of PFAS-Free protective coatings, offering a hydrophobic liquid repellent spray designed to protect various objects from spills, stains, and dirt. Utilizing advanced nanotechnology, DetraPel's spray provides a non-flammable, non-toxic, and non-corrosive solution that is also resistant to ultraviolet light, rust, and ice. This innovative product allows for the safe and effective cleaning of fabrics and shoes without compromising their texture or material integrity.

Dandelion Science

Seed Round in 2023
Dandelion Science is a neuro-coding company focused on advancing the understanding of the brain through innovative Programmable Therapeutics. The company has developed a neurological therapy that presents an alternative approach to traditional neuropsychiatric and neurological treatments. By targeting specific data pathways in the brain, Dandelion Science aims to transform the treatment of brain disorders, providing medical professionals with effective tools to address various neurological challenges.

Gradient Health

Seed Round in 2023
Gradient Health is a developer of an open research platform that specializes in AI-based medical imaging diagnostics and infrastructure. The company provides a comprehensive platform that includes access to a full clinical sandbox, open-source tools, and documentation, all designed to facilitate the translation of research into a secure and interoperable clinical environment. By offering these resources, Gradient Health aims to support developers in advancing medical imaging technologies and improving diagnostic processes using artificial intelligence.

Eze

Seed Round in 2023
Eze is a B2B marketplace that facilitates the buying and selling of electronic commodities, specifically targeting telecommunication and global electronic wholesalers. By providing a platform for these wholesalers to trade devices in wholesale quantities, Eze aims to streamline the fragmented second-hand electronics market, which is estimated to be worth $46 billion. The marketplace offers real-time market data, enabling users to make informed decisions and potentially profit from their transactions. Through this innovative approach, Eze seeks to address inefficiencies in the electronic trading sector.

Revi

Seed Round in 2023
Revi, established in 2016 and headquartered in San Francisco, specializes in developing self-service kiosk solutions and accompanying software. The company's flagship product is Revi, an app that facilitates ordering, customization, payment, and rewards collection for users. Additionally, Revi offers ZYRL Kiosk, an intelligent self-service solution for order placement and payment processing, aiming to enhance customer experience. Furthermore, Revi develops AI-powered chatbots for small businesses to drive intelligent marketing campaigns. The company's platform enables businesses to set objectives, build campaigns, and encourage advocacy posts.

Noteworthy AI

Seed Round in 2022
Noteworthy AI is an infrastructure intelligence company that specializes in enhancing the management and evaluation of energy distribution grids. The company provides fleet vehicle-mounted smart cameras equipped with artificial intelligence, designed to assist utility companies in improving the reliability, resiliency, and safety of electric distribution networks. By autonomously operating during routine vehicle activities, Noteworthy AI's technology enhances situational awareness and facilitates cost savings across various applications, such as geolocation, asset inventory, asset inspection, vegetation management, joint use compliance, and lighting audits. The data captured by these smart cameras is transmitted to an AI-based platform that monitors equipment conditions and alerts users to potential defects, enabling electric utilities to achieve greater operational efficiency and reduce maintenance costs.

Circle

Convertible Note in 2022
Circle is a developer of insurance sales and member retention products tailored for health insurance carriers and their sales channels. The company's platform enables brokers to efficiently quote and enroll clients in various Medicare Advantage, supplemental, and prescription drug plans across the country. Utilizing advanced customer relationship management features, Circle's tools include commission tracking, contracting, licensing, lead generation, and digital Statements of Understanding, all designed to streamline the insurance sales process. By enhancing benefit management capabilities, Circle aims to reduce the financial burden of out-of-pocket medical costs for beneficiaries and improve overall sales efficiency for insurance companies. In addition, the company is working on a platform to facilitate telemedicine access for older adults during the COVID-19 pandemic, further supporting healthcare needs in the community.

IMTC

Venture Round in 2022
IMTC is a SaaS-based enterprise fintech provider that transforms the management of fixed income assets for asset and wealth management firms. The company develops a comprehensive, cloud-native investment management service that emphasizes alpha generation. Its platform offers buy-side investors a suite of analytics and portfolio management applications that support the entire investment decision-making process, from idea generation to trade allocation. By enhancing operational efficiency and optimizing performance, IMTC enables investment management firms to improve their returns and better serve their clients.

Circle

Seed Round in 2021
Circle is a developer of insurance sales and member retention products tailored for health insurance carriers and their sales channels. The company's platform enables brokers to efficiently quote and enroll clients in various Medicare Advantage, supplemental, and prescription drug plans across the country. Utilizing advanced customer relationship management features, Circle's tools include commission tracking, contracting, licensing, lead generation, and digital Statements of Understanding, all designed to streamline the insurance sales process. By enhancing benefit management capabilities, Circle aims to reduce the financial burden of out-of-pocket medical costs for beneficiaries and improve overall sales efficiency for insurance companies. In addition, the company is working on a platform to facilitate telemedicine access for older adults during the COVID-19 pandemic, further supporting healthcare needs in the community.

Tire Agent

Seed Round in 2020
Tire Agent Corp. is a New York-based company that operates a mobile tire store, providing a convenient online platform for tire ordering and at-home or on-site installation services. Established in 2017, Tire Agent functions as a search engine and aggregator for tires and wheels, allowing customers to find products tailored to their specific needs based on vehicle type, driving habits, and budget. The company emphasizes personalized service, offering customers tailored tire recommendations from live experts, warranty claims assistance, and competitive pricing. Through its user-friendly portal, Tire Agent aims to enhance the tire purchasing experience by facilitating informed decisions and ensuring customer satisfaction.

Hailify

Pre Seed Round in 2020
Hailify, Inc. is a logistics company founded in 2017 and based in New York, New York. The company develops an online application that allows drivers to simultaneously work for multiple rideshare companies, effectively enhancing their earning potential. Hailify focuses on optimizing driver supply within the gig economy through its innovative Dynamic Job Optimization Switchboard, which aggregates job opportunities from various partners. This technology facilitates efficient dispatching across existing fleets and aims to optimize driver utilization by generating profitable routes. In addition to its rideshare services, Hailify provides automation software for aggregation and dispatch management, enabling retailers and brands to improve their delivery operations by consolidating orders and reducing next-day delivery costs.

Intenseye

Seed Round in 2019
Intenseye Inc. is a technology company based in San Jose, California, specializing in an AI-powered video analytics platform designed to enhance health and safety in workplace environments. Founded in 2018, Intenseye's platform utilizes advanced computer vision and machine learning to analyze real-time video feeds from existing cameras, enabling clients to monitor workplace conditions continuously. The system provides automated inspections and immediate notifications of safety violations, such as improper use of personal protective equipment or hazardous behaviors. By focusing on privacy, Intenseye ensures that the visual data processed does not include personally identifiable information. The company's solutions are particularly beneficial for large enterprises seeking to improve employee safety while minimizing accidents and operational errors.

ettitude

Seed Round in 2018
Ettitude Inc. is a sustainable home goods brand that specializes in manufacturing bedding and lifestyle products made from its patented CleanBamboo® fibers. Founded in 2013 and headquartered in New York, the company offers a diverse range of products, including sheet sets, duvet covers, pillowcases, bath towels, robes, and sleepwear for both men and women. Ettitude emphasizes innovation and sustainability, producing hypoallergenic and durable textiles without the use of toxic chemicals. All products are climate-neutral certified, promoting eco-friendly alternatives to traditional fabrics like cotton and silk. As a proud B corporation and a member of 1% For The Planet, Ettitude commits to donating 1% of sales to environmental nonprofits, reflecting its mission to support both customer health and the health of the planet. The company's offerings are available for purchase online, making sustainable living accessible to a broader audience.

Jump Bikes

Series A in 2018
JUMP is a provider of a dockless bike-sharing network focused on enhancing personal mobility through innovative transportation solutions. Established in 2010, the company has pioneered the integration of hardware and software in their bikes, making rides more enjoyable and efficient. JUMP bikes are designed in New York City and feature pedal-assist technology and e-bike options, allowing users to travel farther and faster. The company's network enables users to locate and unlock bikes via a mobile app, facilitating seamless access to transportation. Since its inception, JUMP has deployed 15,000 bikes across 40 markets and has facilitated over 5 million rides, contributing significantly to the evolution of bike-sharing systems and promoting sustainable urban mobility.

Twosense

Pre Seed Round in 2017
Twosense is a provider of behavioral software focused on continuous biometric authentication for workplace security. The company's innovative technology offers Continuous Authentication and Continuous Access Evaluation as a service for employee identity and access management (IAM). By analyzing and modeling the unique behavioral patterns of authorized users, Twosense's software can effectively reduce fraud and enhance security. It operates with minimal integration effort, requiring only a few lines of code, and is designed to seamlessly authenticate employees based on their behavior, thereby preventing unauthorized access. This enables businesses to protect their applications and sensitive information while ensuring a smooth user experience.

Ocrolus

Convertible Note in 2016
Ocrolus Inc. is a document automation platform that specializes in automating manual data work for the financial sector. Founded in 2014 and based in New York, the company offers an intelligent automation platform that analyzes financial documents to streamline processes such as loan underwriting, account openings, and auditing. By leveraging artificial intelligence and crowdsourcing, Ocrolus enables clients to capture data from various sources, including e-statements and scanned documents, while also conducting algorithmic checks alongside reviews by fraud specialists. This approach enhances data verification, improves fraud detection, and allows for in-depth cash flow analysis. Serving prominent customers in the fintech, mortgage, and banking industries, Ocrolus empowers financial services firms to make high-quality decisions efficiently and with trusted data.

Xperiti

Pre Seed Round in 2010
Xperiti is an innovative company that operates an AI-driven online platform designed to streamline the process of connecting users with experts. Founded in 2018 and based in New York, the platform utilizes natural language processing to facilitate expert searches, allowing users to interact with the system using free text. This approach simplifies the identification, onboarding, and engagement of experts while ensuring compliance through a real-time framework. Users can easily browse expert profiles and schedule calls, making it an efficient tool for business decision-making. Xperiti’s platform also incorporates features for finance research and business intelligence, enabling organizations to leverage advanced text analysis and analytics for enhanced knowledge management.
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