Setscale
Debt Financing in 2023
Setscale is a financial services company that specializes in providing purchase order financing to businesses seeking to scale their operations without the hindrance of cash flow issues. By advancing capital directly to manufacturers, Setscale ensures that clients can fulfill orders promptly, covering up to 100% of production costs. The company carefully evaluates purchase orders of all sizes, allowing it to tailor funding solutions to meet the specific needs of brands and suppliers. As a partner in growth, Setscale helps businesses maintain momentum by offering non-dilutive funding, where repayment occurs only after customers receive their goods and invoice Setscale directly. This model enables companies to focus on expanding their operations rather than struggling with immediate cash flow shortages.
Clara is a spending management platform designed for companies operating in Latin America. It offers a comprehensive suite of financial tools, including locally-issued corporate cards, Bill Pay, and financing solutions, all integrated within its software platform. This end-to-end solution aims to simplify and automate corporate expense management, allowing businesses to streamline expense reporting, gain real-time insights into spending, and better control their budgets. By enabling companies to operate with agility and financial clarity, Clara seeks to enhance the economic competitiveness of the region. The company is supported by a range of global and regional investors, reflecting its potential impact on business finances in Latin America.
Payday is a fintech platform that provides global payment solutions such as virtual mastercards and payments for foreign employees. Payday can also be used to handle payroll, taxes, and compliance by foreign companies with African employees. Payday was established on May 1, 2021 in Vancouver, British Columbia by Favour Ori.
TIER Mobility
Venture Round in 2023
TIER Mobility GmbH is a Berlin-based shared micro-mobility provider founded in 2018, specializing in electric kick scooters, e-bikes, and e-mopeds for local commuting. The company aims to transform urban mobility by offering users a convenient way to access light electric vehicles through its application software, which allows them to locate and book available scooters. TIER is dedicated to promoting climate neutrality and reducing urban dependence on cars, contributing to a more sustainable and livable environment. Through its proprietary Energy Network, TIER strives to enhance the efficiency and accessibility of its services, thereby supporting cities in their efforts to improve mobility solutions.
Prism is a marketplace that provides liquidity for startup founders, employees, and investors.
Omneky is an AI-driven platform that specializes in creating effective advertising campaigns for businesses. By leveraging machine learning algorithms, Omneky generates and tests various ad creatives, analyzes performance data, and optimizes campaigns to enhance their effectiveness. The platform also designs personalized brand experiences by modeling websites according to audience preferences. This capability allows clients to receive tailored recommendations for posts, ads, and landing pages, ultimately driving engagement and expanding market reach. Through its innovative approach, Omneky enables marketers to improve their return on ad spend while saving time and resources.
Yummy
Venture Round in 2022
Yummy Inc. is a food delivery application company founded in 2020 by Vicente Zavarce, with its headquarters located in San Francisco, California, and an additional office in Caracas, Venezuela. The Yummy app operates across Latin America, allowing users to order and pay for meals through both mobile and web platforms. It offers various payment options, including foreign credit cards and cash, making it convenient for users to enjoy their food at their preferred locations.
earnJARVIS
Seed Round in 2022
earnJARVIS is a crypto investment platform that helps retail investors and businesses access the full breath of the crypto economy by automating asset and yield management.
Setscale
Seed Round in 2022
Setscale is a financial services company that specializes in providing purchase order financing to businesses seeking to scale their operations without the hindrance of cash flow issues. By advancing capital directly to manufacturers, Setscale ensures that clients can fulfill orders promptly, covering up to 100% of production costs. The company carefully evaluates purchase orders of all sizes, allowing it to tailor funding solutions to meet the specific needs of brands and suppliers. As a partner in growth, Setscale helps businesses maintain momentum by offering non-dilutive funding, where repayment occurs only after customers receive their goods and invoice Setscale directly. This model enables companies to focus on expanding their operations rather than struggling with immediate cash flow shortages.
Proof
Secondary Market in 2022
Proof operates as a technology company specializing in secure digital transactions. It provides an identity-assured transaction management platform that verifies the identities of individuals engaging in online business dealings. By confirming identities and securing transactions, Proof helps protect both businesses and their customers from fraudulent activities, fostering trust in digital environments.
SkyLink
Venture Round in 2022
SkyLink is a unified travel management and collaboration platform based in San Francisco, California, founded in 2021. The company leverages artificial intelligence to automate trip management processes through email and chat, streamlining the travel experience for its clients. By integrating with clients' existing technology stacks, SkyLink replicates the functions typically performed by traditional travel management agents, enhancing efficiency and user experience.
Starburst
Series D in 2022
Starburst is an analytics platform that facilitates seamless access to data across various databases, allowing organizations to unlock the full value of their data. By providing a solution that enables instant actionability, Starburst helps data-driven entities reduce the total cost of their infrastructure and analytics investments. The platform also addresses challenges related to data movement and duplication, thereby preventing vendor lock-in and simplifying the complexities associated with managing data. Through its innovative approach, Starburst aims to empower businesses to effectively leverage their data assets for informed decision-making.
Caplight
Seed Round in 2022
Caplight is a financial technology company that provides a platform for institutional investors to engage in derivative transactions involving private equity. The platform facilitates the buying and selling of call and put options, as well as security-based swap contracts, allowing investors to take both long and short positions in private company stock. By offering public settlement-like mechanics, Caplight enables institutional investors to hedge their positions, generate income from assets, and achieve a level of liquidity that was previously unavailable in private markets. The company caters to a diverse clientele, including hedge funds, venture capital firms, family offices, pensions, endowments, mutual funds, and insurance companies, connecting them with trading counterparties and underwriting financial institutions.
Trackonomy Systems
Series C in 2021
Trackonomy Systems, Inc., established in 2017 and based in Santa Clara, California, specializes in developing software solutions for supply chain management. The company offers a suite of features tailored to optimize last-mile deliveries, high-value shipments, cold chain logistics, time-critical transports, global logistics coordination, and indoor/yard navigation. Its clientele spans industries such as transportation, healthcare, manufacturing, safety and security, and logistics service providers. Trackonomy's core offering is an end-to-end parcel tracking application designed to streamline delivery processes and enhance operational efficiency.
Chipper Cash
Series C in 2021
Chipper Cash is a financial services company founded in 2017 and headquartered in San Francisco, California. It operates a software application platform that enables users to send and receive money instantly and for free across different currencies within Africa. The platform facilitates peer-to-peer cross-border money transfers in a simple manner, similar to sending a text message, enhancing financial inclusivity across the continent. Chipper Cash’s innovative approach allows users to make personal payments efficiently via their mobile devices, making it a key player in the African fintech landscape.
Rain Technologies Inc. is a financial technology company based in Los Angeles, California, founded in 2019. The company develops applications aimed at enhancing employees' financial health by providing them with on-demand access to their earned wages. Rain's platform integrates with existing payroll systems, allowing employees to withdraw portions of their earned wages at any time, rather than waiting for the traditional payday. This service is offered as a voluntary benefit at no cost to employers. The Rain Instant Pay app not only facilitates wage access but also includes features such as overdraft protection through a checking account option, notifications for upcoming bills, and various budgeting and saving tools. By providing an alternative source for cash, Rain helps businesses support their employees in managing finances more effectively and avoiding reliance on payday loans.
Natural Fiber Welding
Venture Round in 2021
Natural Fiber Welding, Inc., founded in 2015 and based in Peoria, Illinois, specializes in the manufacture and supply of sustainable fabrics and materials derived from natural fibers. The company has developed a circularity platform that produces high-performance, plastic-free materials from plants, which are applicable across various industries, including fashion, footwear, automotive, and upholstery. By integrating its innovative technology into existing supply chains, Natural Fiber Welding enables brands to design and scale environmentally friendly products, thereby promoting sustainability in material usage.
Anduril Industries
Series D in 2021
Anduril Industries, Inc. is a defense technology company that designs, manufactures, and deploys advanced hardware and software products to address complex national security challenges faced by the United States and its allies. Founded in 2017 and headquartered in Irvine, California, with additional offices in Washington, D.C., and Seattle, the company employs top technical talent to create innovative solutions. Its offerings include the Lattice Platform, which integrates artificial intelligence, computer vision, and machine learning to provide a cohesive operational picture; the Sentry Tower, which collects data across the electromagnetic spectrum; and the Ghost sUAS, a man-portable unmanned aerial system capable of performing various missions autonomously. Additionally, Anduril develops the Anvil sUAS, designed for precise drone threat interception while providing visual feedback for human operators. Through its cutting-edge technology, Anduril aims to enhance defense capabilities and support frontline personnel in safeguarding national interests.
Vise is a technology company that automates investment management for financial advisors through the use of artificial intelligence. Founded in 2016 by Samir Vasavada and Runik Mehrotra in New York, Vise offers a comprehensive platform that supports the entire advisor-client relationship. This includes the creation of personalized portfolios, management of those portfolios, and the provision of ongoing intelligence to ensure optimal performance. By leveraging advanced technology, Vise enables financial advisors to focus on what matters most: their client relationships, while also providing them with customized investment solutions and automated trade execution.
Hearth is a financial technology platform that supports home improvement contractors in growing and managing their businesses. The company offers a comprehensive suite of financial tools designed to facilitate business transactions, including financing advice, invoicing, payment collection, and insurance products. By enabling contractors to send quotes, contracts, invoices, and financing options from any location, Hearth streamlines the process of closing deals, ensuring a seamless experience for both contractors and clients.
GreenLight
Series D in 2021
GreenLight is a financial technology company that offers a comprehensive money management platform designed specifically for families. Founded in 2014 and headquartered in Atlanta, Georgia, GreenLight provides a debit card and accompanying app that enables parents and children to earn, save, spend, and invest money effectively. The platform empowers parents with flexible spending controls, tools for managing chores, and automated allowance features, all while promoting financial literacy among children. Users can earn up to 3% cash back on purchases, with the option for parents to automatically invest these rewards in stocks and exchange-traded funds for future family expenses. GreenLight aims to simplify personal finance for families, fostering responsible financial habits from a young age.
Cinchona
Seed Round in 2021
Cinchona is a venture builder based in London, United Kingdom, founded in 2020. The company focuses on acquiring, incubating, and developing promising e-commerce brands. With a team possessing extensive expertise in e-commerce, technology, and mergers and acquisitions, Cinchona aims to create a supportive ecosystem for e-commerce entrepreneurs. It is backed by leading investors, which enhances its capacity to foster innovation and growth within the e-commerce sector. By leveraging its resources and knowledge, Cinchona seeks to empower entrepreneurs and facilitate the development of successful online businesses.
Aimi is a music platform that merges human creativity with advanced technology to produce continuous and dynamic sonic experiences. By leveraging artificial intelligence and machine learning, Aimi creates immersive music landscapes that cater to the preferences of electronic music fans. The platform is designed to empower artists, listeners, and businesses by providing interactive, royalty-cleared software applications and innovative creator tools. Aimi prioritizes the creative contributions of artists, ensuring their intellectual property rights are protected and credited. This framework allows businesses to customize listening experiences in alignment with their objectives while maintaining high ethical standards. Through its unique approach, Aimi redefines music creation and connection, fostering new avenues for artistic expression and engagement.
Airtable is a cloud-based software company that provides an intuitive online platform for creating and sharing relational databases. The company enables users to build custom applications tailored to their needs, facilitating tasks such as creating flexible checklists, organizing collections or ideas, and managing customer contacts. With a diverse range of templates available, from home improvement projects to inventory management, Airtable caters to various use cases without requiring users to have prior coding experience. The platform is designed to democratize software creation, empowering individuals and business teams alike to develop the tools that best suit their requirements.
Stripe is a technology company that develops APIs and tools for businesses to accept and manage online payments. It offers a range of products, including Payments, Subscriptions, Connect, Sigma, and Atlas, catering to various industries such as e-commerce, B2B platforms, and non-profits. Stripe also provides fraud detection tools like Radar and user interface components for custom payment forms with Stripe Elements. It supports international debit/credit cards and serves businesses in the U.S., Canada, Europe, and other regions. Additionally, Stripe Capital offers financing options based on payment history, with automatic repayment adjustments based on daily sales.
Flutterwave
Series C in 2021
Flutterwave Inc. is a financial technology company that offers comprehensive payment solutions for businesses globally. Founded in 2014 and headquartered in San Francisco, California, Flutterwave provides a range of services, including Flutterwave Checkout for processing payments via web and mobile, and a Flutterwave API for creating and managing virtual cards. The platform also includes tools for invoicing, allowing businesses to create professional invoices and track payments, as well as payment links for easy collection from customers. Serving various industries such as gaming, events, transportation, and hospitality, Flutterwave aims to simplify payment infrastructure by connecting merchants with local and international card schemes and bank accounts, ensuring secure and efficient payment processing.
Astra
Venture Round in 2021
Astra Space, Inc. is a technology company based in Alameda, California, that specializes in designing and building rockets for satellite delivery and launch services. Founded in 2004 and originally known as Ventions LLC, the company rebranded in 2016 and aims to provide accessible and affordable access to space. Astra offers online reservations for payload deliveries to both sun-synchronous and low inclination orbits, with a focus on dedicated launch services for payloads ranging from 50 kg to 150 kg. The business is divided into two segments: Launch Services, which provides rapid global launch capabilities, and Space Products, which includes the development of space products tailored to customer needs for successful satellite launches. Astra operates test facilities to support its operations and is committed to facilitating frequent access to space for satellite operators and governments.
Fantasmo.io
Seed Round in 2021
Fantasmo.io, founded in 2014 and headquartered in Venice, California, develops decentralized and open-source software solutions for creating 3D maps and camera-based positioning systems suitable for both indoor and outdoor environments. The company's primary offering, the Camera Positioning Standard, operates without the need for traditional infrastructure such as satellites, beacons, or radios, making it particularly versatile for various applications. Fantasmo's technology is utilized across multiple sectors, including micro mobility, robotics, mobile devices, and automotive industries, enabling advancements in augmented reality and the integration of physical and digital spaces.
Astra
Venture Round in 2020
Astra Space, Inc. is a technology company based in Alameda, California, that specializes in designing and building rockets for satellite delivery and launch services. Founded in 2004 and originally known as Ventions LLC, the company rebranded in 2016 and aims to provide accessible and affordable access to space. Astra offers online reservations for payload deliveries to both sun-synchronous and low inclination orbits, with a focus on dedicated launch services for payloads ranging from 50 kg to 150 kg. The business is divided into two segments: Launch Services, which provides rapid global launch capabilities, and Space Products, which includes the development of space products tailored to customer needs for successful satellite launches. Astra operates test facilities to support its operations and is committed to facilitating frequent access to space for satellite operators and governments.
Airtable is a cloud-based software company that provides an intuitive online platform for creating and sharing relational databases. The company enables users to build custom applications tailored to their needs, facilitating tasks such as creating flexible checklists, organizing collections or ideas, and managing customer contacts. With a diverse range of templates available, from home improvement projects to inventory management, Airtable caters to various use cases without requiring users to have prior coding experience. The platform is designed to democratize software creation, empowering individuals and business teams alike to develop the tools that best suit their requirements.
Palantir Technologies
Secondary Market in 2020
Palantir Technologies, established in 2003, specializes in developing data integration and analysis platforms. The company offers two primary products: Palantir Gotham, designed for enterprises to manage, secure, and analyze data, and Palantir Metropolis, focused on quantitative data analysis. Palantir serves a wide range of sectors, including government, defense, finance, healthcare, and others, helping them make sense of large, complex data sets. The company is headquartered in Palo Alto, California.
Bakkt Holdings
Series B in 2020
Bakkt Holdings, founded in 2018 and headquartered in Atlanta, Georgia, operates a blockchain-based platform designed for consumers and institutions to buy, sell, store, and spend digital assets. The company's platform offers a user-friendly experience accessible through applications and APIs, enabling seamless transactions in cryptocurrencies and loyalty points. Bakkt aims to enhance consumer spending and strengthen loyalty programs, creating value for all participants in its digital assets ecosystem. Additionally, Bakkt provides custody solutions tailored for institutional clients, ensuring secure storage of digital assets. The company generates revenue through subscription services and various digital asset transactions, positioning itself as a trusted player in the evolving digital economy.
Citizen
Convertible Note in 2020
Citizen is a mobile application focused on enhancing personal and community safety by delivering real-time safety alerts and incident updates to its users. The app utilizes the latest 911 data to provide timely information, allowing users to stay informed about their surroundings. It features live stories and user-generated content, promoting transparency and awareness within neighborhoods. Citizen has been recognized for its positive impact, assisting in various emergency situations, including evacuations and locating missing persons and pets. With millions of downloads across the United States, the app has established significant user bases in major metropolitan areas such as New York City, San Francisco, Los Angeles, and Chicago. Citizen aims to empower individuals to protect themselves and their loved ones while fostering a connected community.