Parcel B

Parcel B is a venture capital investment firm founded in 2012 and based in Needham, Massachusetts. Composed of Olin College alumni and community member investors, Parcel B is dedicated to supporting the mission of Olin College and fostering the growth of companies founded by its alumni. The firm focuses on investing in seed-stage, early-stage, and later-stage companies, specifically targeting sectors such as consumer products, consumer services, and information technology. Through its investments, Parcel B aims to contribute to the ongoing success of innovative ventures that emerge from the Olin community.

Maia Bittner

Managing General Partner

2 past transactions

MainStreet

Pre Seed Round in 2019
MainStreet Work, Inc. operates a Software-as-a-Service (SaaS) platform designed to assist startups in identifying, filing, and claiming government incentives, tax credits, deductions, and stimulus programs. Founded in 2019 and based in San Jose, California, the platform connects to a company's payroll system to gather necessary data for qualifying for various programs and estimating potential financial benefits. MainStreet serves a range of companies, from bootstrapped to those in Series C funding, across multiple industries including software, hardware, biopharma, biotech, aerospace, materials, and manufacturing. The company charges a flat success fee of 20% upon the disbursement of incentives. By automating the identification and management of tax credits and legal workflows, MainStreet helps clients save time and reduce expenses.

Skydio

Series B in 2018
Skydio, Inc., founded in 2014 and based in Redwood City, California, specializes in the design, assembly, manufacturing, and support of drones. The company is recognized as a leader in autonomous flight, utilizing artificial intelligence and advanced computer vision technology to create intelligent drones capable of real-time obstacle recognition and avoidance. These drones are employed in various applications, including public safety, inspection, and defense, serving a diverse clientele that encompasses consumers, enterprises, and government entities. Skydio sells its products online, enabling users to engage in complex tasks with enhanced safety and simplicity. The company's innovative approach positions it at the forefront of the drone industry, catering to a wide range of sectors and applications.
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