New Ground Ventures

New Ground Ventures, founded in 2013, is a Connecticut-based investment platform that focuses on providing funds and support for breakthrough companies in various sectors such as financial services, health care, consumer goods, and technology. The company combines investment experiences with a strong commitment to the missions of the companies in which they invest. Some of the portfolio companies of New Ground Ventures include 915 LABS, aeglea, ALOHA, CARGO, and fingerprint.

Anthony Xu

Partner

Zachary Michael Zeitlin

Founder and Partner

Zac Zeitlin

Founder & Partner

53 past transactions

15Five

Private Placement in 2019
15Five develops cloud-based software designed to evaluate employee performance. Its web-based employee engagement and performance software helps create high performing teams by combining OKRs, pulse surveys, peer recognition, and feedback in one simple weekly check-in. Over 1,100 businesses worldwide use 15Five to allow employees to share their triumphs and challenges, stay focused on key objectives, and get regular feedback from managers who support them in reaching their potential. The company was founded in 2011 and is based in San Francisco, California.

Rayvio

Series B in 2015
RayVio Corp. is an advanced health and hygiene company that delivers clean water and environments. RayVio helps protect billions from germs and creates new markets and revenue streams by enabling a new class of products. Its powerful and efficient UV LED technology can be integrated into a variety of applications, powering versatile on-demand solutions that give consumers control over health without chemicals or costly consumables. To learn more, please visit www.rayvio.com.

Zipongo

Series C in 2021
Are you an employer or health plan looking for an easy way to engage individuals in healthy and sustainable eating habits that drive positive results for you and your employees or members? You’ve come to the right place. Foodsmart’s program delivers uniquely personalized food recommendations tied to content and tools that enable healthy eating at home and at work. Our scalable, easy-to-implement platform offers health plans and employers actionable data and insights into how diet affects the overall health of their employees. The result: positive member and employee health outcomes, and significant reductions in health costs. Learn more at www.foodsmart.com

915 Labs

Venture Round in 2015
915 Labs, LLC develops a food processing and packaging technology that improves the quality and nutritional value of shelf-stable foods. It offers Microwave Assisted Thermal Sterilization (MATS), a technology that enables food companies to develop recipes, produce samples for internal and market trials, validate food safety, and test packaging materials and designs. The company also offers MATS Boot Camp, a 4-day course for chefs, culinary experts, food processing and packaging specialists, and executives at food companies and co-manufacturers. Its course provides information for assessing and validating the application of MATS technology. The company serves food manufacturers and product development labs in the United States. 915 Labs, LLC was incorporated in 2014 and is based in Centennial, Colorado. As of August 26, 2020, 915 Labs, LLC operates as a subsidiary of Tata Sons Private Limited.

PokitDok

Series B in 2015
PokitDok, Inc. provides cloud-based web services to integrate healthcare transactions into applications, websites, and products. The company, through its platform, offers eligibility checks, claims submissions, central scheduling, payment processing, and medical procedural code reconciliation services. It also provides information regarding cash costs for health services from healthcare providers through its application programming interface and marketplace. The company caters to health systems, technology providers, and developers. PokitDok, Inc. was incorporated in 2011 and is based in San Mateo, California with an additional office in Charleston, South Carolina.

Biena LLC

Series B in 2019
Biena LLC produces and markets flavored and roasted chickpeas in the United States. It offers gluten-free, vegan, kosher, and non-genetically modified, plant-based bean protein snacks. The company provides its products in sea salt, honey roasted, barbeque, sour cream and onion, milk chocolate, dark chocolate, salted caramel, cinnamon crunch, and habanero flavors. It sells its products through retail chains in the United States, as well as online. Biena, LLC was founded in 2011 and is based in Boston, Massachusetts.

Tynker

Series A in 2016
Tynker is a creative computing platform where millions of kids have learned to program and built games, apps and more. Tynker's mission is to provide every child with solid foundations in Computer Science, programming, and critical thinking skills to prepare them to become better architects of their future world. Tynker offers self-paced online courses for children to learn coding at home, as well as an engaging programming curriculum for schools. Tynker’s intuitive visual programming language enables kids to build web and mobile apps, design RPG and platformer games, control robots, program drones, and even modify Minecraft worlds.

15Five

Private Placement in 2018
15Five develops cloud-based software designed to evaluate employee performance. Its web-based employee engagement and performance software helps create high performing teams by combining OKRs, pulse surveys, peer recognition, and feedback in one simple weekly check-in. Over 1,100 businesses worldwide use 15Five to allow employees to share their triumphs and challenges, stay focused on key objectives, and get regular feedback from managers who support them in reaching their potential. The company was founded in 2011 and is based in San Francisco, California.

Fresh Bowl

Seed Round in 2020
Fresh Bowl, a tech-enabled food brand, builds the first zero-packaging waste option for on-the-go meals. It is a vending machine that is stocked daily with fresh-prepared salads, snacks, beverages, and signature smoothie bowls. Fresh Bowl is the first vending machine of its kind to be completely sustainable (zero-waste glass jars) and have the ability to dispense acai bowls! The company was founded in 2017 and is based in New York, New York.

Fluent City

Series A in 2017
Fluent City is a language company that offers online classes in 11 different languages. We're on a mission to help you achieve your language-learning goals by teaching you how to talk about the things you care about most. Our team uses AI and natural language processing technology to provide hyper-relevant content and personalized, engaging lesson plans that help you get fluent faster.

PodPonics

Series A in 2014
Podponics produces local food in urban centers, using an approach that does not require arable land. PodPonics is the future of farming. The Atlanta-based company answers the growing consumer demand for local food by producing it in urban centers, using an approach that does not require arable land. PodPonics utilizes a proprietary system that integrates advanced hydroponics, proprietary lighting, irrigation, and nutrient technology with process control. Their growing system reduces cost, improves product quality, and creates local jobs while answering the strong and growing demand for locally produced, natural foods.

Pathstream

Series A in 2019
Pathstream is a web-based platform for teaching in-demand tech skills for work. Pathstream partners with industry-leading tech companies and higher education institutions to transform digital skills learning. The company's platform allows students to immediately access pre-configured, project based instruction, realistic workplace simulations, and on-demand coaching.

5Barz International

Post in 2014
5BARz International, Inc. designs, manufactures, and sells a line of cellular network infrastructure devices for use in the office and home in India and internationally. It offers 5BARz Network Extender, a plug and play device strengthens weak cellular signals to deliver high quality signals for voice, data, and video reception on cell phones and other cellular equipped devices; and 5BARz ROVR, a smart Wifi device, as well as 5BARz Road Warrior products. The company was formerly known as Bio-Stuff Inc. and changed its name to 5Barz International, Inc. in December 2010. 5BARz International, Inc. was founded in 2008 and is headquartered in Reno, Nevada.

Worklife

Seed Round in 2015
WorkLife is a web app that helps teams have more productive meetings. It is a collaboration platform that automates best practices for managing meetings, projects and people and helps team to improve their performance by using it. It helps to create agendas, stay on track during the meeting, and ensure next steps will be done afterwards. WorkLife is founded in 2014 and is headquartered in San Francisco, California.

Petal

Private Placement in 2018
Petal Card, Inc. provides and issues credit cards to people who do not have a traditional credit history, students, and immigrants. It offers Petal Visa, a credit card and through its machine learning, it analyzes users' digital financial records which allows them to offer higher credit limits and lower rates than competing cards. The company also provides an application to make payments. Petal Card, Inc. was formerly known as CreditBridge, Inc. The company was founded in 2015 and is based in New York, New York.

Petal

Seed Round in 2017
Petal Card, Inc. provides and issues credit cards to people who do not have a traditional credit history, students, and immigrants. It offers Petal Visa, a credit card and through its machine learning, it analyzes users' digital financial records which allows them to offer higher credit limits and lower rates than competing cards. The company also provides an application to make payments. Petal Card, Inc. was formerly known as CreditBridge, Inc. The company was founded in 2015 and is based in New York, New York.

305 Fitness

Venture Round in 2019
305 Fitness, Inc. owns and operates dance cardio workout fitness centers. It offers dance moves, sports drills, conditioning exercises, and high intensity interval training sessions. The company also provides sprint intervals, sculpting segments, and stretch cool down classes, as well as live DJs. 305 Fitness, Inc. was founded in 2012 and is based in New York, New York. It has additional locations in District of Columbia, New York, Massachusetts, California, and Illinois.

Fresh Bowl

Private Placement in 2019
Fresh Bowl, a tech-enabled food brand, builds the first zero-packaging waste option for on-the-go meals. It is a vending machine that is stocked daily with fresh-prepared salads, snacks, beverages, and signature smoothie bowls. Fresh Bowl is the first vending machine of its kind to be completely sustainable (zero-waste glass jars) and have the ability to dispense acai bowls! The company was founded in 2017 and is based in New York, New York.

15Five

Series A in 2018
15Five develops cloud-based software designed to evaluate employee performance. Its web-based employee engagement and performance software helps create high performing teams by combining OKRs, pulse surveys, peer recognition, and feedback in one simple weekly check-in. Over 1,100 businesses worldwide use 15Five to allow employees to share their triumphs and challenges, stay focused on key objectives, and get regular feedback from managers who support them in reaching their potential. The company was founded in 2011 and is based in San Francisco, California.

Wristcam

Series A in 2013
Wristcam is an ultra-compact Camera System made for Apple Watch. Powered by the multi-patented, Atomic Visual Computing Engine, Wristcam employs multi-layer networking and resource optimization to enable realtime visual processing for constrained mobile applications.

yfood Labs

Series B in 2020
YFood Labs is a food-tech startup which designs smart food solutions for a modern generation. The product portfolio currently compromises ultra-convenient and complete-nutrition drinks, drink powders and bars.

Biena LLC

Series A in 2017
Biena LLC produces and markets flavored and roasted chickpeas in the United States. It offers gluten-free, vegan, kosher, and non-genetically modified, plant-based bean protein snacks. The company provides its products in sea salt, honey roasted, barbeque, sour cream and onion, milk chocolate, dark chocolate, salted caramel, cinnamon crunch, and habanero flavors. It sells its products through retail chains in the United States, as well as online. Biena, LLC was founded in 2011 and is based in Boston, Massachusetts.

Rayvio

Series B in 2016
RayVio Corp. is an advanced health and hygiene company that delivers clean water and environments. RayVio helps protect billions from germs and creates new markets and revenue streams by enabling a new class of products. Its powerful and efficient UV LED technology can be integrated into a variety of applications, powering versatile on-demand solutions that give consumers control over health without chemicals or costly consumables. To learn more, please visit www.rayvio.com.

915 Labs

Convertible Note in 2014
915 Labs, LLC develops a food processing and packaging technology that improves the quality and nutritional value of shelf-stable foods. It offers Microwave Assisted Thermal Sterilization (MATS), a technology that enables food companies to develop recipes, produce samples for internal and market trials, validate food safety, and test packaging materials and designs. The company also offers MATS Boot Camp, a 4-day course for chefs, culinary experts, food processing and packaging specialists, and executives at food companies and co-manufacturers. Its course provides information for assessing and validating the application of MATS technology. The company serves food manufacturers and product development labs in the United States. 915 Labs, LLC was incorporated in 2014 and is based in Centennial, Colorado. As of August 26, 2020, 915 Labs, LLC operates as a subsidiary of Tata Sons Private Limited.

Adjacent Academies

Seed Round in 2020
Adjacent Academies offers and educational program for non-science background students. The company provides meals, materials, and housing. It partners with universities to develops skills of students. It offers comprehensive curriculum-related courses, credit-bearing courses, coding and project development courses, and others. The company was founded in 2019 and is headquartered in San Francisco, California.

Fluent City

Seed Round in 2016
Fluent City is a language company that offers online classes in 11 different languages. We're on a mission to help you achieve your language-learning goals by teaching you how to talk about the things you care about most. Our team uses AI and natural language processing technology to provide hyper-relevant content and personalized, engaging lesson plans that help you get fluent faster.

Accel Robotics

Private Placement in 2019
Accel Robotics Corporation develops an artificial intelligence-enabled smart shopping assistant that acts as a brand ambassador in retail stores. It offers OMNIO robot that helps companies to deliver smarter service by enabling grab and go commerce experiences and powering robotic shopping assistants. Accel Robotics Corporation was incorporated in 2015 and is based in La Jolla, California. It has additional offices in Tokyo, Japan; and Buenos Aires, Argentina.

CloudApp

Series A in 2022
CloudApp is the all-in-one visual sharing platform that lets you record, host, and share short videos, GIFs, and visuals (images, annotated screenshots) to make team and customer conversations faster and more succinct. Enhancing conversations visually means that messages don't get lost in translation! With CloudApp, team collaboration is a breeze.

CareMonkey

Seed Round in 2019
CareMonkey automates school and district processes; eliminating paperwork and saving time and money with award-winning features: - Online parent consent forms & payments, with automated notifications and reminders - Parent managed medical data - Online staff forms & trip approval processes - Staff mobile app with offline access to medical & trip data - Group messaging via text, email & push notifications There’s no paper, better engagement, and less work for schools, teacher and parents. CareMonkey is designed, built and supported by CareMonkey Pty Ltd, a software company headquartered in Melbourne, Australia. The system is used by schools, universities, in sport, for HR, scouts, the disability sector, camps, youth groups, churchs and other community groups.

Fortem Technologies

Private Placement in 2018
Fortem Technologies is an innovative leader in AI-enabled airspace security and safety. The company provides real-time intrusion detection and detect-and-avoid solutions. Fortem delivers a military-tested, commercially available solution that alerts, identifies and classifies drones and other unmanned aircraft vehicles (UAVs). A Silicon Valley venture funded company that delivers innovative technologies to enable safe autonomous airborne operations, Fortem Technologies’ proven solutions allow organizations to transition their unmanned aircraft operations beyond visual line of sight (BVLOS). The company is privately held and backed by multiple investors.

15Five

Series C in 2022
15Five develops cloud-based software designed to evaluate employee performance. Its web-based employee engagement and performance software helps create high performing teams by combining OKRs, pulse surveys, peer recognition, and feedback in one simple weekly check-in. Over 1,100 businesses worldwide use 15Five to allow employees to share their triumphs and challenges, stay focused on key objectives, and get regular feedback from managers who support them in reaching their potential. The company was founded in 2011 and is based in San Francisco, California.

yfood Labs

Series A in 2019
YFood Labs is a food-tech startup which designs smart food solutions for a modern generation. The product portfolio currently compromises ultra-convenient and complete-nutrition drinks, drink powders and bars.

HexagonFab

Seed Round in 2021
HexagonFab is the biological sensor for rapid and cost-effective detection of biological substances like proteins, DNA, or small molecules.

eMindful

Series B in 2016
eMindful provides evidence-based, mindfulness programs for everyday life and chronic conditions by helping individuals make every moment matter with greater focus, creativity, and purposeful decisions. Fortune 500 employers partner with eMindful to prevent rising healthcare costs and to recruit and retain a high-performing workforce that is passionate, inspired and engaged. Leading health plans use eMindful to improve health outcomes, differentiate their business, and improve quality ratings.

Adjacent Academies

Private Placement in 2020
Adjacent Academies offers and educational program for non-science background students. The company provides meals, materials, and housing. It partners with universities to develops skills of students. It offers comprehensive curriculum-related courses, credit-bearing courses, coding and project development courses, and others. The company was founded in 2019 and is headquartered in San Francisco, California.

Spindrift

Venture Round in 2014
Spindrift is a food and beverage company that produces a line of unsweetened sparkling beverages made with real squeezed fruit. They offer sparkling water plus real fruit with different flavors. They also provide drinks such as half and a half which is tea brewed with lemon, raspberry lime, strawberry, and many more. It was founded in 2010 and is based in Newton, Massachusetts.

Aeglea BioTherapeutics

Series B in 2015
Æglea BioTherapeutics is a biotherapeutic company exploiting the amino acid (AA) dependencies of many tumors by developing novel, human-derived AA-degrading enzymes that have been engineered to have optimized catalytic and biopharmaceutic properties. The metabolic basis of tumor amino acid dependence is fundamentally different from the nutritional needs of normal tissues, creating a vulnerability to selective killing for tumor cells. The company was founded in 2013 and is headquartered in Austin, Texas.

Petal

Series A in 2018
Petal Card, Inc. provides and issues credit cards to people who do not have a traditional credit history, students, and immigrants. It offers Petal Visa, a credit card and through its machine learning, it analyzes users' digital financial records which allows them to offer higher credit limits and lower rates than competing cards. The company also provides an application to make payments. Petal Card, Inc. was formerly known as CreditBridge, Inc. The company was founded in 2015 and is based in New York, New York.

15Five

Series B in 2019
15Five develops cloud-based software designed to evaluate employee performance. Its web-based employee engagement and performance software helps create high performing teams by combining OKRs, pulse surveys, peer recognition, and feedback in one simple weekly check-in. Over 1,100 businesses worldwide use 15Five to allow employees to share their triumphs and challenges, stay focused on key objectives, and get regular feedback from managers who support them in reaching their potential. The company was founded in 2011 and is based in San Francisco, California.

Process Street

Seed Round in 2018
Process Street is a SaaS platform that lets non-technical teams create powerful, no code workflows. It provides an easy way to document, track, automate, and optimize human-centric processes. Process Street was founded in 2014 and is based in San Francisco, California.

Accel Robotics

Series A in 2019
Accel Robotics Corporation develops an artificial intelligence-enabled smart shopping assistant that acts as a brand ambassador in retail stores. It offers OMNIO robot that helps companies to deliver smarter service by enabling grab and go commerce experiences and powering robotic shopping assistants. Accel Robotics Corporation was incorporated in 2015 and is based in La Jolla, California. It has additional offices in Tokyo, Japan; and Buenos Aires, Argentina.

Fresh Bowl

Seed Round in 2020
Fresh Bowl, a tech-enabled food brand, builds the first zero-packaging waste option for on-the-go meals. It is a vending machine that is stocked daily with fresh-prepared salads, snacks, beverages, and signature smoothie bowls. Fresh Bowl is the first vending machine of its kind to be completely sustainable (zero-waste glass jars) and have the ability to dispense acai bowls! The company was founded in 2017 and is based in New York, New York.

Process Street

Series A in 2020
Process Street is a SaaS platform that lets non-technical teams create powerful, no code workflows. It provides an easy way to document, track, automate, and optimize human-centric processes. Process Street was founded in 2014 and is based in San Francisco, California.

Bellwether Coffee

Series A in 2018
Bellwether Coffee Co. manufactures software based vent less electric roasters. Its products allows its customers to get access to an online bean marketplace, which can be used to order beans. The company’s roasters use a catalytic process to eliminate the harmful gases and need for extra ventilation, which needs to be installed in traditional coffee roasting. Bellwether Coffee Co. was founded in 2013 and is based in Berkeley, California.

Opya

Seed Round in 2017
Opya is transforming autism care by successfully connecting treatment with technology. Opya is committed to the care and support of all individuals whose lives have been impacted by Autism The company is a data driven therapy platform designed to improve the effectiveness of the care we deliver. All being built to ensure families and clinicians have the information they need to maximize their full potential.

Vocate

Seed Round in 2016
Vocate inc. operates a tech-powered community for student internships and entry-level jobs. It creates meaningful connections between students and employers; and provides companies and students with curated internship and job matches. The company was founded in 2015 and is headquartered in Hanover, New Hampshire with an additional office in San Francisco, California.

Fortem Technologies

Series A in 2018
Fortem Technologies is an innovative leader in AI-enabled airspace security and safety. The company provides real-time intrusion detection and detect-and-avoid solutions. Fortem delivers a military-tested, commercially available solution that alerts, identifies and classifies drones and other unmanned aircraft vehicles (UAVs). A Silicon Valley venture funded company that delivers innovative technologies to enable safe autonomous airborne operations, Fortem Technologies’ proven solutions allow organizations to transition their unmanned aircraft operations beyond visual line of sight (BVLOS). The company is privately held and backed by multiple investors.

PokitDok

Debt Financing in 2014
PokitDok, Inc. provides cloud-based web services to integrate healthcare transactions into applications, websites, and products. The company, through its platform, offers eligibility checks, claims submissions, central scheduling, payment processing, and medical procedural code reconciliation services. It also provides information regarding cash costs for health services from healthcare providers through its application programming interface and marketplace. The company caters to health systems, technology providers, and developers. PokitDok, Inc. was incorporated in 2011 and is based in San Mateo, California with an additional office in Charleston, South Carolina.

PHL

Venture Round in 2014
ALOHA produces and retails protein products. The company's products include protein drinks, protein bars, and protein powders. It also online retails its products. The company was founded in 2015 and is based in New York, New York.