Lorimer Ventures

Founded in 2019, Lorimer Ventures is a venture capital firm based in Brooklyn, New York. The firm invests in seed-stage, early-stage, and later-stage companies. The firm seeks to invest in business products, business services, financial services, information technology, business-to-business payments, big data, software as a service, advanced manufacturing, blockchain, e-commerce, infrastructure, internet of things, real estate, supply chain, artificial intelligence, machine learning, and technology-based sectors in United States, Canada, and Europe.

Stephan Cizmar

General Partner

Stephan Cizmar

Co-Founder and General Partner

Zach Magdovitz

Operating Partner

Pete Schork

Operating Partner

Pete Schork

Co-Founder and Operating Partner

Nicholas Wijnberg

General Partner

33 past transactions

Golioth

Seed Round in 2023
Developer of a cloud platform designed to bring IoT protocols into the cloud-native ecosystem. The company's platform offers broad hardware vendor support, connectivity options, secure e2e communication by default, and fleet management, enabling hardware companies to experience quick, easy, secure cloud integration at compile time.

Tyba

Seed Round in 2023
Tyba is a developer of an informatics platform that assists enterprises in the development and operation of renewable energy projects. The platform offers comprehensive modeling for both standalone and hybrid storage projects, facilitating early-stage development through to operational phases. It enables users to build production and revenue models, compare design variations, and analyze results using interactive dashboards and visualizations. By leveraging analytics related to renewable energy and power markets, Tyba empowers businesses to effectively model solar energy storage, allowing them to make informed decisions regarding expected production, revenue, dispatch, and asset operations.

Standard Practice

Seed Round in 2022
Standard Practice operates a healthcare payment platform designed to empower patients through innovative financial technology. The company focuses on providing a seamless payment experience, utilizing voice AI to enhance communication for medical practices. Its offerings include zero-fee and zero-interest financing options, along with automation tools that facilitate outbound calls to insurance providers and pharmacies. By improving the payment process and increasing employee satisfaction, Standard Practice aims to streamline healthcare transactions and enhance overall patient experience.

Lang.ai

Series A in 2022
Lang.ai is a language processing platform founded in 2012 and headquartered in Madrid, Spain, with additional offices in the United States and Mexico. The company specializes in automating workflows involving unstructured text, utilizing advanced artificial intelligence techniques such as intent customization and real-time self-supervised classification. Its software is particularly effective for analyzing customer feedback, including surveys, emails, and chat interactions, enabling businesses to enhance customer experience and streamline operations. Lang.ai serves a diverse range of enterprise clients across Europe, America, and Asia, including major organizations such as Santander and Vodafone. The platform is designed for easy installation and cost optimization, making it a valuable tool for businesses looking to improve efficiency in handling text-based data.

SILQ

Series A in 2022
SKUteam founded in 2020: a transformational year for global businesses amidst a global pandemic, by a group of early former Flexport executives. Our vision is to democratize the production process in global manufacturing, starting with the apparel and home furnishing industries. SKUteam acts as your localised inspection agency, overseeing sample development and approvals, raw material inspections, in-line/top sample inspections and a final AQL inspection prior to ship out. SKUteam's unique platform will deliver an unprecedented level of visibility to take the guesswork out of the ever changing production process, ensuring brands can go to market fast, with confidence and the highest quality products.

Knapsack

Seed Round in 2022
Knapsack is a platform that streamlines the process of creating and managing design systems for digital products. It enables users to design, develop, document, deploy, and scale their design systems efficiently. By integrating design and development workflows, Knapsack serves as a single source of truth for digital experiences, facilitating the creation of everything from simple buttons to complex shopping cart functionalities. The platform allows for the synchronization of designs with code, enabling users to view components in context and manage multiple brands and templating languages in one place. This functionality accelerates the shipment of code, ensuring adherence to accessibility and brand standards while allowing product teams to create consistent, reusable experiences across various websites and applications. Additionally, Knapsack exposes these digital experiences as APIs, enabling simultaneous updates and innovations across all platforms.

Emi Labs

Series A in 2022
Emi Labs S.A.S. operates an artificial intelligence-powered recruitment platform designed to enhance the hiring process for enterprises. Founded in 2017 and based in Vicente López, Argentina, with additional offices in Mountain View, California, and Mexico City, the company focuses on automating key aspects of recruitment, including candidate screening, interview scheduling, and communication. By leveraging AI technology, Emi Labs aims to shorten hiring cycles, improve efficiency, and boost recruiter productivity, all while enhancing the candidate experience and strengthening the employer brand for its clients.

Formic

Series A in 2022
At Formic, we want to increase the collective output of humanity by making automation deployments trivial and easy. Every factory should have access to unlimited 'labor' through robotics and automation rentals. We are building technology, financing, operations and services to make this vision possible. Formic is a fast-growing venture-backed startup focused on unlocking robotic automation in labor-starved industries such as food and beverage, advanced manufacturing, consumer packaged goods and other industrial settings. We combine financial innovation with a firm understanding of what robotics are capable of, to enable manufacturing customers to scale up their manufacturing capacity quickly and with minimal risk.

Axiom Cloud

Series A in 2021
Axiom Cloud Inc. specializes in artificial intelligence solutions tailored for commercial refrigeration in North America's supermarkets. Founded in 2014 and headquartered in Oakland, California, the company addresses significant energy and maintenance challenges in the $120 billion commercial cooling industry. Axiom Cloud offers a power management and maintenance platform that enhances the efficiency of systems with large cooling loads. Key applications include the Virtual Technician, which autonomously predicts and prevents failures, and the Virtual Battery, which emulates the benefits of traditional lithium-ion batteries by optimizing cooling processes and managing energy loads intelligently. Customers in the retail grocery sector engage with Axiom Cloud through an initial setup fee for onsite installation of the IoT platform, followed by recurring software-as-a-service fees for the cloud-based applications that operate on this platform.

Formic

Seed Round in 2021
At Formic, we want to increase the collective output of humanity by making automation deployments trivial and easy. Every factory should have access to unlimited 'labor' through robotics and automation rentals. We are building technology, financing, operations and services to make this vision possible. Formic is a fast-growing venture-backed startup focused on unlocking robotic automation in labor-starved industries such as food and beverage, advanced manufacturing, consumer packaged goods and other industrial settings. We combine financial innovation with a firm understanding of what robotics are capable of, to enable manufacturing customers to scale up their manufacturing capacity quickly and with minimal risk.

Upflow

Series A in 2021
UPFLOW SAS provides an online platform for B2B Industry. The online platform include features, such as follow up customer’s unpaid invoice, track customer purchasing trend, real time analysis, manage credit exposure, manage receivables, and collaboration with colleagues. The company was founded in 2018 and is headquartered in Paris, France.

Privacy Dynamics

Seed Round in 2021
Tools for generating differentially private geospatial data.

BoostUp.ai

Series A in 2021
BoostUp.ai, Inc. operates a sales intelligence platform designed to enhance the efficiency and effectiveness of revenue teams. Based in Santa Clara, California, the platform analyzes macro and micro-level risks related to forecasts, pipelines, deals, and seller behavior, transforming unstructured data into actionable insights. BoostUp enables organizations to achieve predictable revenue, improve forecasting reliability, shorten sales cycles, and increase win rates. The platform provides real-time updates on forecast and pipeline changes, deal-level risk intelligence, and alerts based on early warning indicators. By leveraging unique data from email conversations and relationship dynamics not typically found in CRM systems, BoostUp offers a comprehensive account intelligence solution that spans from pipeline generation to renewals and expansions. The platform is utilized by various leading companies in sales, operations, and customer success, helping them optimize their sales performance.

Fisherman

Seed Round in 2021
Fisherman Automated Site Technology™️ is revolutionizing web development by creating faster, cheaper, and more effective business websites.

Secureframe

Series A in 2021
Secureframe, Inc. is a company based in San Francisco, California, that specializes in compliance automation software focused on security and privacy standards. Founded in 2020 by Shrav Mehta and Natasja Nielsen, Secureframe offers solutions for organizations seeking to achieve and maintain SOC 2 and ISO 27001 certifications. Its platform automates compliance audits and provides continuous monitoring, ensuring that service providers manage data securely and uphold the privacy of their clients. By streamlining the compliance process, Secureframe enables companies worldwide to efficiently navigate complex regulatory requirements and maintain adherence to essential security standards.

Secureframe

Series A in 2021
Secureframe, Inc. is a company based in San Francisco, California, that specializes in compliance automation software focused on security and privacy standards. Founded in 2020 by Shrav Mehta and Natasja Nielsen, Secureframe offers solutions for organizations seeking to achieve and maintain SOC 2 and ISO 27001 certifications. Its platform automates compliance audits and provides continuous monitoring, ensuring that service providers manage data securely and uphold the privacy of their clients. By streamlining the compliance process, Secureframe enables companies worldwide to efficiently navigate complex regulatory requirements and maintain adherence to essential security standards.

Lang.ai

Seed Round in 2021
Lang.ai is a language processing platform founded in 2012 and headquartered in Madrid, Spain, with additional offices in the United States and Mexico. The company specializes in automating workflows involving unstructured text, utilizing advanced artificial intelligence techniques such as intent customization and real-time self-supervised classification. Its software is particularly effective for analyzing customer feedback, including surveys, emails, and chat interactions, enabling businesses to enhance customer experience and streamline operations. Lang.ai serves a diverse range of enterprise clients across Europe, America, and Asia, including major organizations such as Santander and Vodafone. The platform is designed for easy installation and cost optimization, making it a valuable tool for businesses looking to improve efficiency in handling text-based data.

David Energy

Seed Round in 2021
David Energy is an electricity provider based in Brooklyn, New York, that specializes in designing, building, and managing onsite energy grids for industrial, commercial, and residential clients. The company empowers its customers by offering a comprehensive platform that facilitates the management of energy consumption and billing, enabling users to access vital data with greater transparency. Founded in 2017, David Energy integrates sophisticated machine learning technology to help clients optimize their energy assets, ultimately lowering energy costs and enhancing control over their energy usage. The company provides both hands-on expertise and software support to ensure effective implementation and management of energy solutions.

BeyondHQ

Seed Round in 2021
BeyondHQ, Inc. is a company that specializes in providing expansion solutions for startups by facilitating the establishment of distributed teams. Founded in 2018 and headquartered in San Francisco, California, the company assists clients in identifying suitable locations for new offices and managing the setup of teams in these areas. BeyondHQ offers ongoing support by collaborating with local governments, economic development agencies, and service partners to ensure successful integration into the community. The company focuses on addressing the challenges faced by high-growth tech firms seeking to expand outside of costly markets by creating tailored expansion strategies and blueprints. By building relationships with various cities and private partners nationwide, BeyondHQ aims to help startups navigate the complexities of growth and capitalize on emerging opportunities across the country.

Axiom Cloud

Seed Round in 2021
Axiom Cloud Inc. specializes in artificial intelligence solutions tailored for commercial refrigeration in North America's supermarkets. Founded in 2014 and headquartered in Oakland, California, the company addresses significant energy and maintenance challenges in the $120 billion commercial cooling industry. Axiom Cloud offers a power management and maintenance platform that enhances the efficiency of systems with large cooling loads. Key applications include the Virtual Technician, which autonomously predicts and prevents failures, and the Virtual Battery, which emulates the benefits of traditional lithium-ion batteries by optimizing cooling processes and managing energy loads intelligently. Customers in the retail grocery sector engage with Axiom Cloud through an initial setup fee for onsite installation of the IoT platform, followed by recurring software-as-a-service fees for the cloud-based applications that operate on this platform.

Knapsack

Seed Round in 2021
Knapsack is a platform that streamlines the process of creating and managing design systems for digital products. It enables users to design, develop, document, deploy, and scale their design systems efficiently. By integrating design and development workflows, Knapsack serves as a single source of truth for digital experiences, facilitating the creation of everything from simple buttons to complex shopping cart functionalities. The platform allows for the synchronization of designs with code, enabling users to view components in context and manage multiple brands and templating languages in one place. This functionality accelerates the shipment of code, ensuring adherence to accessibility and brand standards while allowing product teams to create consistent, reusable experiences across various websites and applications. Additionally, Knapsack exposes these digital experiences as APIs, enabling simultaneous updates and innovations across all platforms.

SILQ

Pre Seed Round in 2021
SKUteam founded in 2020: a transformational year for global businesses amidst a global pandemic, by a group of early former Flexport executives. Our vision is to democratize the production process in global manufacturing, starting with the apparel and home furnishing industries. SKUteam acts as your localised inspection agency, overseeing sample development and approvals, raw material inspections, in-line/top sample inspections and a final AQL inspection prior to ship out. SKUteam's unique platform will deliver an unprecedented level of visibility to take the guesswork out of the ever changing production process, ensuring brands can go to market fast, with confidence and the highest quality products.

Ampcontrol

Funding Round in 2020
Ampcontrol is a company that specializes in AI-based optimization software for electric vehicle charging. Founded by Joachim Lohse, a software engineer and former energy markets consultant, Ampcontrol provides an API that enables companies to reduce charging costs and enhance grid efficiency. The software is designed for energy companies to access and manage flexible electrical loads, optimizing the usage of energy supply. Ampcontrol is incorporated in New York and has established a customer base that benefits from its innovative solutions in the evolving landscape of electric vehicle infrastructure.

BoostUp.ai

Seed Round in 2020
BoostUp.ai, Inc. operates a sales intelligence platform designed to enhance the efficiency and effectiveness of revenue teams. Based in Santa Clara, California, the platform analyzes macro and micro-level risks related to forecasts, pipelines, deals, and seller behavior, transforming unstructured data into actionable insights. BoostUp enables organizations to achieve predictable revenue, improve forecasting reliability, shorten sales cycles, and increase win rates. The platform provides real-time updates on forecast and pipeline changes, deal-level risk intelligence, and alerts based on early warning indicators. By leveraging unique data from email conversations and relationship dynamics not typically found in CRM systems, BoostUp offers a comprehensive account intelligence solution that spans from pipeline generation to renewals and expansions. The platform is utilized by various leading companies in sales, operations, and customer success, helping them optimize their sales performance.

Firstbase

Seed Round in 2020
Firstbase Inc. is a remote work software platform that assists companies in managing their physical equipment assets for remote teams. Established in 2020 and based in Aberdeen, United Kingdom, Firstbase focuses on enhancing the remote work experience by providing a comprehensive suite of services. These include the deployment and IT installation of essential equipment such as laptops, monitors, ergonomic chairs, and other tools required for effective home office setups. The platform also offers ongoing maintenance, repairs, and upgrades throughout the product lifecycle, as well as managing culture and perks for remote employees. Additionally, Firstbase facilitates the collection of equipment when an employee departs, ensuring a streamlined process for both the company and its workforce.

Datch

Seed Round in 2020
Datch Systems Ltd develops Datch Assistant, a voice assistant software for the industry that allow users to replace tedious work processes with intuitive, on-the-floor conversations. It allows users to use voice to converse with their site, allowing them to connect and interact with the existing in-house systems through integrations to create work orders, log information, and solve problems during equipment breakdowns.. The company was incorporated in 2016 and is based in London, United Kingdom.

Capchase

Seed Round in 2020
Capchase Inc. is an online platform that assists Software as a Service (SaaS) companies in accessing cash from their accounts receivable. By leveraging proprietary underwriting algorithms, Capchase evaluates the quality of future monthly payment contracts and offers a line of debt to finance operational growth. Founded in 2020 and headquartered in Cambridge, Massachusetts, the company provides a targeted financial solution that enables SaaS businesses to unlock capital tied up in their receivables.

Capchase

Seed Round in 2020
Capchase Inc. is an online platform that assists Software as a Service (SaaS) companies in accessing cash from their accounts receivable. By leveraging proprietary underwriting algorithms, Capchase evaluates the quality of future monthly payment contracts and offers a line of debt to finance operational growth. Founded in 2020 and headquartered in Cambridge, Massachusetts, the company provides a targeted financial solution that enables SaaS businesses to unlock capital tied up in their receivables.

Privacy Dynamics

Pre Seed Round in 2020
Tools for generating differentially private geospatial data.
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