Crescent Cove Advisors

Crescent Cove Advisors is a private equity investment firm established in 2016 and located in San Francisco, California. The firm specializes in investing in middle-market companies within the technology, media, and telecom (TMT) sectors. As a Registered Investment Adviser, Crescent Cove Advisors focuses on identifying and supporting growth opportunities in these dynamic industries.

Jun Hong Heng

Founder and Chief Investment Officer

Andrew Holmes

Partner

12 past transactions

Lambda

Series B in 2023
Lambda is an AI infrastructure company that specializes in providing powerful computing resources to enhance artificial intelligence development. It offers a cloud computing platform designed for large-scale AI training and inference, featuring servers and workstations that are pre-configured with popular machine learning frameworks. This setup allows businesses to efficiently train complex models for various applications, including natural language processing and drug discovery. Additionally, Lambda's servers support the integration of face detection and recognition capabilities into web applications, ensuring that deep learning developers have access to the necessary computing, storage, and memory resources to optimize their projects.

Poplar Homes

Series B in 2022
Poplar Homes is a prominent property management company operating primarily in the San Francisco Bay, Seattle, and San Diego regions. Founded in 2014 and headquartered in San Jose, California, the firm focuses on providing comprehensive rental services for both landlords and tenants. It manages a significant portion of vacant single-family rentals on the West Coast, utilizing a centralized model that covers a wide range of zip codes. Poplar Homes offers a variety of property management services, including property inspections, maintenance, tenant placement, and rent guarantee coverage. Its platform features a leasing dashboard that enables users to manage property listings, track interest, schedule showings, and handle accounting tasks efficiently. With a commitment to streamlining the rental process, Poplar Homes serves thousands of homeowners and renters, providing a convenient solution that maintains competitive pricing within the industry.

Kingsley Gate

Venture Round in 2022
Kingsley Gate Partners is a management consulting and information technology company located in Dallas.

Advocado

Series A in 2021
Advocado is the first real-time cross-media optimization & audience platform that makes advertising perform better by using signals in the physical world (like TV Ads or in-program content) to trigger real-time actions across search, social and shopping platforms and building organic digital audiences based on advertiser affinity; all the while, collecting the data to prove value created. Ultimately, we help CMO’s and marketing leaders deliver better results while breaking down organizational silos and respecting consumer privacy.

Robotic Research

Series A in 2021
Robotic Research, LLC, is a small engineering firm founded by Alberto Lacaze and Karl Murphy in 2002. Both worked together in the Intelligent Systems Division of the National Institute of Standards and Technology (Gaithersburg, MD) when they decided to make the move (across the street as it turned out) to pursue focused interest in unmanned vehicles.

HaptX

Debt Financing in 2021
HaptX develops advanced virtual reality gloves that simulate touch sensation with remarkable realism. By utilizing patented microfluidic technology, HaptX Gloves offer 130 points of touch feedback and provide resistive force feedback of 4 lbs. per finger while tracking hand motions with sub-millimeter precision. This innovative device creates a haptic experience that allows users to perceive the texture, shape, motion, vibration, and temperature of virtual objects, enhancing interaction within the virtual environment. Founded by Jake Rubin and Dr. Bob Crockett, HaptX operates with a team of 35 employees across offices in Seattle, Washington, and San Luis Obispo, California.

Motiv

Funding Round in 2020
Motiv Power Systems Inc. is a manufacturer based in Foster City, California, specializing in electric powered intelligent chassis for commercial medium and heavy-duty vehicles. Founded in 2009, the company produces its EPIC (Electric Powered Intelligent Chassis) family, which is CARB certified and designed for various applications, including school buses, shuttle buses, step vans, box trucks, and specialty vehicles. Motiv's chassis offer high performance and functionality while eliminating emissions associated with traditional gasoline or diesel engines. The company is recognized as a Ford eQVM-approved provider, benefiting from engineering support from Ford to enhance safety and reliability. With over 750,000 miles logged in fleet deployments across North America, Motiv’s vehicles significantly reduce operating and maintenance costs, contributing to a cleaner environment and improved conditions for drivers and passengers.

Motiv

Convertible Note in 2020
Motiv Power Systems Inc. is a manufacturer based in Foster City, California, specializing in electric powered intelligent chassis for commercial medium and heavy-duty vehicles. Founded in 2009, the company produces its EPIC (Electric Powered Intelligent Chassis) family, which is CARB certified and designed for various applications, including school buses, shuttle buses, step vans, box trucks, and specialty vehicles. Motiv's chassis offer high performance and functionality while eliminating emissions associated with traditional gasoline or diesel engines. The company is recognized as a Ford eQVM-approved provider, benefiting from engineering support from Ford to enhance safety and reliability. With over 750,000 miles logged in fleet deployments across North America, Motiv’s vehicles significantly reduce operating and maintenance costs, contributing to a cleaner environment and improved conditions for drivers and passengers.

Luminar

Venture Round in 2020
Luminar Technologies, Inc. is a vehicle sensor and software company that specializes in lidar technology for passenger vehicles and trucks. Founded in 2012 and headquartered in Orlando, Florida, Luminar operates in two main segments: Autonomy Solutions and Other Component Sales. The Autonomy Solutions segment focuses on designing, manufacturing, and selling lidar sensors and related software for original equipment manufacturers across various sectors, including automotive and commercial vehicles. The company has developed a unique lidar sensor that satisfies the rigorous performance and safety standards required for advanced autonomous vehicles. Luminar has partnered with several leading global automakers and is set to integrate its technology into platforms such as Volvo’s next generation of consumer vehicles, enhancing vehicle safety beyond existing advanced driving assistance systems. The Other Component Sales segment involves designing and consulting on non-standard integrated circuits for government and defense sectors.

Major League Hacking

Venture Round in 2020
Major League Hacking (MLH) is a prominent global community focused on empowering student developers, designers, and engineers through a variety of events, including over 1,000 hackathons and technical workshops each year. By engaging more than 125,000 participants annually, MLH fosters innovation, builds strong communities, and enhances computer science education among students worldwide. The organization serves as a platform for the next generation of technology leaders and entrepreneurs, providing access to cutting-edge technology and resources. Committed to its mission of community engagement, MLH has established itself as a Certified B Corporation, underscoring its dedication to measuring success by the impact it has on the hackers it supports.

Trianz

Venture Round in 2019
Trianz Incorporated is a professional services firm that provides a range of consulting and technology services focused on enabling digital transformations for businesses. The company offers expertise in cloud consulting, analytics, digital transformation strategies, IT infrastructure, managed services, and IT security consulting. Its services include the development of digital strategies, roadmaps, and benchmarking, alongside digital technologies and managed services tailored to client needs. Trianz serves a diverse clientele across various sectors, including sales, banking, insurance, manufacturing, retail, telecommunications, and logistics, helping them achieve operational efficiency and superior performance. Established in 2000 and headquartered in Santa Clara, California, Trianz has a global presence with offices in multiple locations, including the United States, India, and the United Arab Emirates. As a subsidiary of Trianz Holdings Pvt. Limited, the firm emphasizes collaboration with business and technology leaders to deliver measurable business impact and effective execution of transformation strategies.

Ember

Debt Financing in 2019
Ember is a design-oriented company specializing in temperature control technologies that enhance the way individuals consume food and beverages. Founded by inventor Clay Alexander, Ember has developed a range of patented products, including the world’s first temperature control smart mug, which allows users to customize the temperature of their drinks for optimal flavor. The company aims to revolutionize industries such as healthcare and wellness by creating advanced temperature-adjustable dishware and drinkware. By focusing on precise temperature control, Ember seeks to improve user experiences and drive significant changes in how people eat, drink, and live.
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