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

19 past transactions

Gooey.AI

Pre Seed Round in 2022
Gooey.AI is the low-code orchestration platform with discoverable workflows & unified billing to the GenAI universe. Built for developers who code fast and teams that prove ROI, it's where shared AI Workflows create measurable value. Traction as of Nov 2023: 200k users, 1M+ AI Runs, $1.5M ARR.

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 aims to assist communities in breaking the debt cycle and fostering economic mobility across generations. It has developed a mobile-only loan application that offers flexible short-term financing options, enabling borrowers to repay loans over time. The platform is designed to be simple and affordable, akin to traditional payday loans, but without requiring a credit check. Additionally, it allows for longer repayment schedules through multiple installments, making it easier for borrowers to manage their finances responsibly.

Routable

Seed Round in 2019
Routable, Inc. operates a business-to-business payments platform that facilitates the automation of invoicing and bill payments. Founded in 2017 and based in San Francisco, California, the platform enables accounts payable and receivable teams to streamline their processes by automating bill payments, identifying errors, and requesting necessary authorizations. Routable's solution is designed to enhance cash flow management and reduce costs for finance and accounting departments. The platform's API allows users to quickly build a payments infrastructure, making it easier for businesses to send and receive payments efficiently.

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, data leakage, and identity fraud. The company develops solutions that enhance user experiences while safeguarding user accounts and sensitive information. Deduce utilizes risk algorithms and behavioral analytics to eliminate fraud in real-time, leveraging a comprehensive network of consumer identity data. Its offerings include an identity risk index that addresses issues such as credential stuffing, phishing, and social engineering. Additionally, Deduce's platform employs behavior-detection algorithms to create independent identity graphs, enabling organizations to gain visibility into potential user threats and risks while optimizing user experience and reducing friction during customer interactions.

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 aims to assist communities in breaking the debt cycle and fostering economic mobility across generations. It has developed a mobile-only loan application that offers flexible short-term financing options, enabling borrowers to repay loans over time. The platform is designed to be simple and affordable, akin to traditional payday loans, but without requiring a credit check. Additionally, it allows for longer repayment schedules through multiple installments, making it easier for borrowers to manage their finances responsibly.

Polly

Series A in 2019
Polly is a survey platform founded in 2015 by former Microsoft engineers Samir Diwan and Bilal Aijazi. The company specializes in employee engagement solutions, enabling businesses to create enterprise surveys and polls that facilitate quick feedback collection. Its platform features a chatbot that can be trained to gather, connect, and analyze data from employees, allowing organizations to enhance their workflows and improve both employee and customer experiences. Polly's clients include notable companies such as Soylent, Auth0, and Grammarly, and it is supported by various investors, including 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 aims to assist communities in breaking the debt cycle and fostering economic mobility across generations. It has developed a mobile-only loan application that offers flexible short-term financing options, enabling borrowers to repay loans over time. The platform is designed to be simple and affordable, akin to traditional payday loans, but without requiring a credit check. Additionally, it allows for longer repayment schedules through multiple installments, making it easier for borrowers to manage their finances responsibly.

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 aims to assist communities in breaking the debt cycle and fostering economic mobility across generations. It has developed a mobile-only loan application that offers flexible short-term financing options, enabling borrowers to repay loans over time. The platform is designed to be simple and affordable, akin to traditional payday loans, but without requiring a credit check. Additionally, it allows for longer repayment schedules through multiple installments, making it easier for borrowers to manage their finances responsibly.

SparkToro

Angel Round in 2018
SparkToro is a software company founded by Rand Fishkin, known for his role in Moz. The company aims to enhance marketing strategies by providing a market research tool that enables businesses to identify where their target audience engages online. SparkToro's platform allows users to discover relevant websites, blogs, podcasts, social media accounts, and publications that capture their audience's attention. By focusing on accurate audience insights, SparkToro seeks to make marketing efforts more effective and targeted, moving away from the dominance of traditional advertising platforms. This approach encourages creativity and diversity in marketing, empowering organizations to connect with their audiences in more meaningful ways.

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 develops an application that helps in protecting family’s financial future. Its application includes last will and testament for the family and the laws of the state, a revocable living trust, guardianship for children and pets, net worth and life insurance calculator, term life insurance comparison, and a complimentary insurance policy. Tomorrow Ideas' application can be downloaded from iOS and Android. David Hanley, Erik Berg, Joshua Heckathorn, and Wayne Rambo founded it in 2015, with its headquarters in Seattle in Washington.

Routable

Seed Round in 2017
Routable, Inc. operates a business-to-business payments platform that facilitates the automation of invoicing and bill payments. Founded in 2017 and based in San Francisco, California, the platform enables accounts payable and receivable teams to streamline their processes by automating bill payments, identifying errors, and requesting necessary authorizations. Routable's solution is designed to enhance cash flow management and reduce costs for finance and accounting departments. The platform's API allows users to quickly build a payments infrastructure, making it easier for businesses to send and receive payments efficiently.

Tomorrow Ideas

Seed Round in 2017
Tomorrow Ideas develops an application that helps in protecting family’s financial future. Its application includes last will and testament for the family and the laws of the state, a revocable living trust, guardianship for children and pets, net worth and life insurance calculator, term life insurance comparison, and a complimentary insurance policy. Tomorrow Ideas' application can be downloaded from iOS and Android. David Hanley, Erik Berg, Joshua Heckathorn, and Wayne Rambo founded it in 2015, with its headquarters in Seattle in Washington.

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 offers consumers affordable, accessible personalized cell preservation using protocols and standards meeting current Good Manufacturing Processes as established by the FDA.

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 helps nonprofits raise more money and reach new donors online. The software service takes the hassle out of online fundraising and makes donor research simple and powerful. WeDidIt's donor research platform helps major gift officers identify hidden donors and social influencers for highly targeted fundraising campaigns. We're on a mission to help nonprofits scale their impact by giving them the tools they need to raise money in today's digital world. Nonprofits using WeDidIt have high-converting donation pages, crowdfunding & peer-to-peer campaigns, on-the-spot mobile donations, and cutting edge donor research.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.