Union Bay Partners

Union Bay Partners is a private investment firm based in Seattle, Washington, founded in 2011. The firm focuses on identifying growth opportunities within small to mid-sized companies, primarily in the Pacific Northwest. Its investment strategy encompasses various industries, including light industrial, light manufacturing, marine, distribution, supply, business, and consumer services. Union Bay Partners emphasizes building positive, mutually rewarding relationships with its partners through consideration, confidentiality, and responsiveness.

Steve Carver

Partner

21 past transactions

Gooey.AI

Pre Seed Round in 2022
Gooey.AI is a developer of a social interactive platform that facilitates private, curated spaces for intimate chats and video conversations. The platform focuses on fostering authentic, face-to-face video-first communications, enabling organizations to establish networks for sharing videos and projects. By connecting changemakers and institutions, Gooey.AI supports the creation of collaborations across borders, enhancing creative exchanges. It is particularly geared toward facilitating innovative cultural and artistic connections through digital technology.

Possible Finance

Series B in 2020
Possible Finance is a consumer finance company dedicated to providing access to capital while promoting long-term financial health. The company focuses on helping communities break the cycle of debt and enhance economic mobility. It has developed a mobile-only financing application that allows users to secure short-term loans without undergoing a credit check. This platform offers a straightforward and affordable alternative to traditional payday loans, featuring longer repayment schedules through multiple installments. By simplifying the borrowing process, Possible Finance aims to empower individuals to manage their finances more effectively and build their credit over time.

Routable

Seed Round in 2019
Routable, Inc. is a company that specializes in developing a business-to-business (B2B) invoice and payment platform aimed at streamlining financial processes for organizations. Founded in 2017 and based in Seattle, Washington, Routable's platform enables accounts payable and accounts receivable teams to automate bill payments and invoicing, identify errors, and request necessary authorizations from supervisors. By providing an API that facilitates the quick establishment of payment infrastructure, Routable enhances the efficiency of financial operations, allowing finance and accounting teams to reduce costs and manage cash flow more effectively.

Routable

Seed Round in 2019
Routable, Inc. is a company that specializes in developing a business-to-business (B2B) invoice and payment platform aimed at streamlining financial processes for organizations. Founded in 2017 and based in Seattle, Washington, Routable's platform enables accounts payable and accounts receivable teams to automate bill payments and invoicing, identify errors, and request necessary authorizations from supervisors. By providing an API that facilitates the quick establishment of payment infrastructure, Routable enhances the efficiency of financial operations, allowing finance and accounting teams to reduce costs and manage cash flow more effectively.

Deduce

Seed Round in 2019
Deduce, Inc. is a cybersecurity company based in Philadelphia, Pennsylvania, established in 2019. It specializes in protecting businesses and their customers from unauthorized account access, identity fraud, and data leakage. The company offers a range of services that include developing an identity access platform capable of detecting sophisticated, AI-generated identities that can deceive traditional fraud detection systems. Deduce employs advanced risk algorithms and behavioral analytics to provide real-time fraud elimination and enhances user experiences by reducing friction in account security processes. By leveraging a comprehensive network of consumer identity data, Deduce enables organizations to utilize collective identity-based threat intelligence, improving their visibility into potential user threats and risks.

Possible Finance

Series A in 2019
Possible Finance is a consumer finance company dedicated to providing access to capital while promoting long-term financial health. The company focuses on helping communities break the cycle of debt and enhance economic mobility. It has developed a mobile-only financing application that allows users to secure short-term loans without undergoing a credit check. This platform offers a straightforward and affordable alternative to traditional payday loans, featuring longer repayment schedules through multiple installments. By simplifying the borrowing process, Possible Finance aims to empower individuals to manage their finances more effectively and build their credit over time.

Polly

Series A in 2019
Polly is a survey platform established in 2015 by former Microsoft engineers Samir Diwan and Bilal Aijazi. The company specializes in employee engagement software, enabling businesses to create enterprise surveys and polls effectively. Polly's platform features a chatbot that users can customize to collect, connect, and analyze feedback from team members. This functionality allows organizations to swiftly gather insights and make data-driven decisions, enhancing both employee and customer experiences. Notable clients include Soylent, Auth0, and Grammarly. Polly is supported by investors such as Amplify Partners, Slack Fund, Fathom Capital, and Madrona Venture Group.

Possible Finance

Venture Round in 2019
Possible Finance is a consumer finance company dedicated to providing access to capital while promoting long-term financial health. The company focuses on helping communities break the cycle of debt and enhance economic mobility. It has developed a mobile-only financing application that allows users to secure short-term loans without undergoing a credit check. This platform offers a straightforward and affordable alternative to traditional payday loans, featuring longer repayment schedules through multiple installments. By simplifying the borrowing process, Possible Finance aims to empower individuals to manage their finances more effectively and build their credit over time.

Possible Finance

Seed Round in 2018
Possible Finance is a consumer finance company dedicated to providing access to capital while promoting long-term financial health. The company focuses on helping communities break the cycle of debt and enhance economic mobility. It has developed a mobile-only financing application that allows users to secure short-term loans without undergoing a credit check. This platform offers a straightforward and affordable alternative to traditional payday loans, featuring longer repayment schedules through multiple installments. By simplifying the borrowing process, Possible Finance aims to empower individuals to manage their finances more effectively and build their credit over time.

SparkToro

Angel Round in 2018
SparkToro is a software company founded by Rand Fishkin, previously known for Moz. The company aims to simplify online market research by helping businesses swiftly identify where their target audience engages with content, enabling more precise marketing strategies. Unlike traditional methods heavily reliant on Facebook and Google ads, SparkToro encourages diverse, creative marketing approaches tailored to specific audiences.

Comet

Seed Round in 2018
Comet ML Inc. is a New York-based company that provides a meta machine learning platform designed to assist data science teams and individuals in building reliable machine learning models for real-world applications. The platform enables users to automatically track datasets, code changes, experimentation history, and production models, thereby enhancing efficiency, transparency, and reproducibility in the machine learning process. By allowing data scientists to maintain their preferred workflows while effectively collaborating and tracking previous work, Comet facilitates a more organized approach to experimentation. Additionally, the platform incorporates bayesian hyperparameter optimization, which streamlines the model tuning process and reduces the time typically required for manual adjustments. This comprehensive solution increases visibility into data science efforts and improves the overall effectiveness of machine learning initiatives within organizations.

Tomorrow Ideas

Seed Round in 2018
Tomorrow Ideas, Inc. is a company focused on safeguarding families' financial futures through its innovative application. The app offers essential features such as a last will and testament, information on state laws, a revocable living trust, and guardianship arrangements for children and pets. Additionally, it provides tools for calculating net worth and life insurance needs, along with a comparison of term life insurance options and a complimentary insurance policy. Founded in 2015 and headquartered in Seattle, Washington, Tomorrow Ideas ensures its application is accessible on both iOS and Android devices, making it convenient for users to manage their financial planning.

Routable

Seed Round in 2017
Routable, Inc. is a company that specializes in developing a business-to-business (B2B) invoice and payment platform aimed at streamlining financial processes for organizations. Founded in 2017 and based in Seattle, Washington, Routable's platform enables accounts payable and accounts receivable teams to automate bill payments and invoicing, identify errors, and request necessary authorizations from supervisors. By providing an API that facilitates the quick establishment of payment infrastructure, Routable enhances the efficiency of financial operations, allowing finance and accounting teams to reduce costs and manage cash flow more effectively.

Tomorrow Ideas

Seed Round in 2017
Tomorrow Ideas, Inc. is a company focused on safeguarding families' financial futures through its innovative application. The app offers essential features such as a last will and testament, information on state laws, a revocable living trust, and guardianship arrangements for children and pets. Additionally, it provides tools for calculating net worth and life insurance needs, along with a comparison of term life insurance options and a complimentary insurance policy. Founded in 2015 and headquartered in Seattle, Washington, Tomorrow Ideas ensures its application is accessible on both iOS and Android devices, making it convenient for users to manage their financial planning.

TurboPatent

Convertible Note in 2017
TurboPatent offers A.I.-enhanced patent drafting services to engineer high-quality patent documents. It utilizes the power of the TurboPatent Machine to rapidly evaluate the quality and value of patent assets, creating quality reports for individual patent assets as well as entire portfolios. The TurboPatent Machine also allows our Patent Engineers to generate patent documents at a fraction of the time and cost of conventional methods and with significantly higher quality.

Silene Biotech

Convertible Note in 2017
Silene Biotech is a company specializing in stem cell generation and cell preservation technology aimed at providing affordable and accessible personalized cell preservation solutions. The company employs protocols and standards that adhere to current Good Manufacturing Practices as established by the FDA. Silene Biotech focuses on the collection, processing, and cultivation of adult cells, utilizing cryopreservation techniques to prevent cell aging and degeneration. Additionally, a small percentage of these cells are converted into induced pluripotent stem cells, which facilitate the regeneration of bodily tissues, the modeling of hereditary diseases, and the screening of drugs for efficacy. Through its innovative technologies, Silene Biotech aims to enhance medical research and treatment options.

Open Energy Efficiency

Seed Round in 2016
OpenEE offers a SaaS open-source platform that uses smart meter data to calculate and analyze energy efficiency savings in real-time.

OnFarm

Seed Round in 2015
OnFarm is a software-as-a-service company that offers a range of farm hardware technologies. The company’s products offer customized dashboards, data management, intuitive displays to help transform data into decisions, advanced charting, enterprise-wide scheduling, phone and email alerts, maps, private communication solutions, and more. OnFarm was founded by Lance Donny in 2012 and is based in Fresno, California.

Zenedge

Series A in 2014
Leveraging its trusted, Cloud-based, globally distributed platform, its patent-pending monitoring and mitigation technology, and its unparalleled expertise in cyberattack mitigation, Zenedge provides organizations an enterprise-class, managed white-glove cybersecurity service to help secure their web sites, web applications, and networks against vulnerabilities and Distributed Denial of Service (DDoS) attacks. Unlike other Web Application Security solutions in the market, Zenedge leverages patent-pending deep machine-learning capabilities to detect anomalies, dynamically alter security postures, and initiate auto-mitigation and automatic routing with minimal to zero human intervention. This allows the company to provide better cybersecurity and faster time to mitigation than traditional Cloud and on-premise cybersecurity vendors.

WeDidIt

Convertible Note in 2014
WeDidIt, Inc. is a company that operates an online fundraising platform designed specifically for nonprofits and fiscal sponsors. Founded in 2011 and based in Buffalo, New York, WeDidIt provides a range of products and services to facilitate online fundraising efforts. Its offerings include WEDIDIT FUNDRAISING, which features tools for creating donation pages and crowdfunding campaigns; WEDIDIT INSIGHTS, which delivers actionable data on donors; and WEDIDIT FOR FISCAL SPONSORS, a solution that allows the management of fundraising activities for fiscally sponsored projects, complete with real-time donor data. The company also supports nonprofits with services in integration, coaching, and fundraising insights. WeDidIt aims to enhance the fundraising capabilities of nonprofits, enabling them to reach new donors and increase their impact in the digital landscape.

Jozu

Jozu is a software company that develops AI governance platforms, specifically an open-source tool called KitOps. It helps enterprises efficiently and securely move machine learning projects from development to production, ensuring compliance and security. Jozu's solutions aim to empower various teams, including engineers and marketers, to collaborate and drive technological advancements. The company adheres to Web Content Accessibility Guidelines 2.1, making its products accessible to a wide range of users.
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