IPD Capital

IPD Capital is a venture capital firm based in Aventura, Florida, founded in 2013. The firm specializes in providing investment support and unique intellectual property expertise to companies across various stages, from seed to those generating over $100 million in revenue. IPD Capital has invested in notable companies such as CLEAR, AllBirds, and JUUL, focusing primarily on technology sectors, while excluding biotech and pharmaceuticals. The firm does not lead funding rounds, take board seats, or encumber intellectual property, allowing for a more flexible investment approach. In addition to financial backing, IPD Capital offers valuable insights to help portfolio companies strengthen their intellectual property protections, which can enhance their business models, improve sustainability, and increase investment returns. With a team of over 50 professionals experienced in IP, science, and engineering, powered by IPD Analytics, the firm is well-equipped to support the growth of its investments.

Benjamin Gindhart

VC Analyst

16 past transactions

Lark

Series D in 2021
Lark Technologies, Inc. is a developer of a chronic disease prevention and management platform headquartered in Mountain View, California. Founded in 2010, the company provides the Lark application, which utilizes artificial intelligence alongside human coaching to deliver personalized, real-time support for individuals managing chronic conditions such as diabetes, prediabetes, and hypertension. The platform also integrates data on user activity, sleep, and nutrition to enhance health outcomes. Lark's programs, including its CDC-recognized Diabetes Prevention Program and Hypertension Program, have garnered around 1.5 million users and are backed by clinical evidence published in peer-reviewed journals. The company serves employers and health plans, aiming to deliver compassionate care at scale.

Material Bank

Series C in 2021
Material Bank operates a comprehensive marketplace tailored for design professionals in the architecture and design sectors. Founded in 2013 and based in Boca Raton, Florida, with additional offices in New York and a logistics hub in Memphis, the company provides a unique platform where architects and interior designers can search for and order a wide range of materials, including textiles, flooring, ceramics, and more, from various leading brands. Material Bank stands out as the world's largest resource library focused on architectural and design materials, enabling users to receive samples by 10:30 a.m. the following day, thereby streamlining the material selection process for design projects.

Capsule

Series D in 2021
Capsule Corporation is an innovative online pharmacy established in 2015 and headquartered in New York, New York. It aims to transform the pharmacy industry by providing a streamlined and personalized experience for patients, healthcare providers, insurers, and manufacturers. Capsule's platform facilitates the online retail of pharmaceutical products through a user-friendly application that focuses on creating customized outcomes for its users. The company emphasizes the importance of human connection in healthcare, recognizing that behind the complexities of the system, there are individuals in need of care and support. Capsule has successfully raised significant funding from prominent investors, enabling it to further its mission of enhancing the pharmaceutical experience through technology and dedicated service.

Lark

Series C in 2020
Lark Technologies, Inc. is a developer of a chronic disease prevention and management platform headquartered in Mountain View, California. Founded in 2010, the company provides the Lark application, which utilizes artificial intelligence alongside human coaching to deliver personalized, real-time support for individuals managing chronic conditions such as diabetes, prediabetes, and hypertension. The platform also integrates data on user activity, sleep, and nutrition to enhance health outcomes. Lark's programs, including its CDC-recognized Diabetes Prevention Program and Hypertension Program, have garnered around 1.5 million users and are backed by clinical evidence published in peer-reviewed journals. The company serves employers and health plans, aiming to deliver compassionate care at scale.

Alitheon

Venture Round in 2020
Alitheon, Inc. is a technology company that specializes in machine perception and vision systems designed to enhance security and integrity in the identification of goods. Founded in 2015 and based in Bellevue, Washington, the company has developed a patented system called FeaturePrint, which utilizes artificial intelligence and standard cameras to create digital fingerprints for objects. This technology allows users to authenticate, trace, and identify items without relying on traditional methods such as serial numbers or barcodes. Alitheon's solutions cater to various industries, including pharmaceuticals, semiconductors, and luxury goods, providing counterfeit protection and improving supply chain management by ensuring product authenticity. The platform connects the physical and digital realms, offering secure and immutable links for data storage and verification.

Pax

Venture Round in 2019
PAX Labs, Inc. specializes in the manufacture of high-quality, app-controlled vaporizers for loose-leaf and concentrated substances. The company's product line includes the PAX 3, PAX 2, and PAX Era, along with a variety of accessories designed to enhance the user experience. PAX also provides a mobile application that allows users to customize their vaporization experience, promoting quality and transparency in cannabis consumption. Founded in 2004 and based in San Francisco, California, PAX Labs has established itself as an industry leader through innovation and thoughtful design. The company distributes its products through a network of retailers and distributors both domestically and internationally, as well as through its online platform.

Avinew

Seed Round in 2019
Avinew, Inc. is a technology company focused on the insurance sector, specializing in artificial intelligence and telematics-based software solutions. Founded in 2016 and headquartered in Westlake Village, California, Avinew offers insurance programs that assess and measure the features of semi-autonomous and autonomous vehicles to determine eligibility for premium discounts. The company aims to enhance road safety through its innovative insurance technologies, which leverage driving data, machine learning, and telematics. By providing usage-based insurance programs, Avinew enables both individual drivers and fleet operators to benefit from the advantages of automated driving systems while ensuring safety and value.

Allbirds

Series C in 2018
Allbirds, Inc. is a San Francisco-based company founded in 2015 that specializes in manufacturing eco-friendly footwear and apparel. The company offers a range of products, including wool runners, tree runners, tree loungers, tree skippers, and insoles for men, women, and children. Allbirds is committed to sustainability, utilizing premium natural materials to create comfortable and well-designed shoes that align with its mission of reducing environmental impact. The brand distinguishes itself by emphasizing thoughtfulness over flash in the footwear industry. Products are sold through a combination of physical stores and online platforms, with a significant portion of revenue generated from sales within the United States.

Sense Photonics

Venture Round in 2018
Sense Photonics, Inc. is a developer and manufacturer of advanced light detection and ranging (LiDAR) solutions tailored for autonomous vehicles, drones, robotics, and industrial automation. Founded in 2016 and headquartered in Durham, North Carolina, the company specializes in solid-state LiDAR sensors that utilize proprietary laser arrays and modular architecture to create reliable, high-performance 3D sensing systems. These sensors generate detailed 3D maps of a vehicle's surroundings, functioning effectively in various weather conditions and lighting scenarios. The technology is protected by over 200 patents and is designed to meet the stringent performance, reliability, and cost requirements of the automotive and industrial sectors, facilitating advancements in assisted and autonomous driving applications.

JetClosing

Series A in 2018
JetClosing, Inc. is a digital title and escrow company founded in 2016 and headquartered in Seattle, Washington, with an additional office in Austin, Texas. The company specializes in streamlining the real estate closing process through its advanced software application, which enhances transparency, security, and efficiency. Operating in states including Arizona, Colorado, Florida, Nevada, Pennsylvania, Texas, and Washington, JetClosing aims to provide reliable digital title and escrow services for buyers, sellers, agents, lenders, and borrowers. By capturing and systematizing each aspect of the closing process, JetClosing ensures accountability and offers timely insights, thus enabling real estate professionals and property managers to improve productivity and optimize efficiency in their transactions.

Owlet Baby Care

Series B in 2018
Owlet Baby Care Inc. is a company that develops and manufactures innovative monitoring products designed to track the vital signs of sleeping infants. Founded in 2012 and based in Lehi, Utah, Owlet offers the Owlet Smart Sock, a device that monitors an infant's heart rate and oxygen levels, alerting parents if there are any concerns. The Owlet Baby Monitor provides real-time data on a child's vital signs through a compatible app for iOS and Android devices, giving parents peace of mind. The company's product range also includes the Owlet Cam, which transforms smartphones into high-definition baby monitors, and the Owlet Monitor Duo, which combines the features of the Smart Sock with the Cam. Additionally, the Owlet Dream Lab offers resources to help parents establish healthy sleep habits for their children. Owlet's commitment to enhancing parental confidence through technology is reflected in its diversified product portfolio.

LiteSheet

Venture Round in 2017
LiteSheet Solutions, LLC is a company specializing in the development and commercialization of lighting products for the commercial and industrial sectors. Founded in 2012 and based in Bedford, Virginia, with additional operations in Hartford, Connecticut, LiteSheet focuses on innovative AC direct LED technology. This approach allows for the design and manufacture of efficient and reliable LED light fixtures that minimize product failures typically associated with Direct Current power supplies. LiteSheet aims to provide customers with high-quality lighting solutions that offer the lowest total cost of ownership in the market. The company's products are engineered to adapt to various applications and configurations, ensuring that clients can select optimal solutions for their specific needs.

Atheer

Series C in 2017
Atheer is a developer of an innovative platform aimed at enhancing the productivity and safety of deskless professionals across various industries, including healthcare, construction, and logistics. Their flagship product, the AiR™ smart glasses, allows users to access critical work information directly in their field of view. The AiR platform includes the AiR Glasses, an Android-based operating system, and a cloud-based enterprise suite that facilitates collaboration among remote teams. Users can interact with information using familiar gestures and voice commands, while the system also supports real-time guidance through video calls and image annotations. Atheer’s open Software Developer Kit (SDK) enables developers and organizations to create tailored applications and workflows to meet the specific needs of front-line workers. This comprehensive approach helps connect teams with essential instructions and expertise, ultimately driving efficiency and effectiveness in high-value tasks.

CLEAR

Venture Round in 2017
CLEAR makes it simple to be you by using biometrics to build a connected world that’s smarter and more secure. Our platform instantly connects your life from airports to arenas and after a fast, one-time enrollment, CLEAR becomes your key to a frictionless world. CLEAR powers secure, frictionless customer experiences at more than 30 airports and stadiums nationwide, and so much more to come. CLEAR was founded by Caryn Seidman-Becker and Ken Cornick in November 2010 and is based in New York, United States.

JUUL

Series C in 2015
JUUL Labs, Inc. is a San Francisco-based company that manufactures and sells vaporizers and e-cigarettes designed as alternatives for adult smokers. Founded in 2007, JUUL offers a range of products, including device kits, JUULpods in various flavors, and accessories. The company aims to eliminate combustible cigarettes by providing a satisfying option for the approximately one billion smokers worldwide. JUUL's research suggests that hundreds of thousands of smokers have already transitioned to its products, and the company is focused on enabling millions more to make the switch in the coming years. The products are available through retail locations and online, highlighting JUUL's commitment to offering accessible alternatives to tobacco smoking.

JUUL

Series D in 2015
JUUL Labs, Inc. is a San Francisco-based company that manufactures and sells vaporizers and e-cigarettes designed as alternatives for adult smokers. Founded in 2007, JUUL offers a range of products, including device kits, JUULpods in various flavors, and accessories. The company aims to eliminate combustible cigarettes by providing a satisfying option for the approximately one billion smokers worldwide. JUUL's research suggests that hundreds of thousands of smokers have already transitioned to its products, and the company is focused on enabling millions more to make the switch in the coming years. The products are available through retail locations and online, highlighting JUUL's commitment to offering accessible alternatives to tobacco smoking.
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