Expanding Capital

Expanding Capital is a venture capital firm located in Burlingame, California, specializing in investments in fast-growing companies across the consumer and enterprise sectors in the United States. The firm is dedicated to helping these businesses unlock their full potential and expand into new markets. As a Registered Investment Adviser, Expanding Capital employs a strategic approach to identify and support innovative companies, fostering their development and growth within a competitive landscape.

Afonso Rezende

Partner

Rumennik, Dan

Partner

Leonardo Salgado

Founder and CEO

15 past transactions

Postscript

Series C in 2022
Postscript is an eCommerce SMS platform that enables brands to communicate and engage with customers through text message marketing. It allows users to easily create and manage SMS marketing campaigns with detailed analytics to improve sales and revenue. It plugs into eCommerce businesses and helps overcome declining email engagement by sending customers targeted and customizable SMS marketing.

JOBOX.ai

Series B in 2022
Jobox lets pros focus on their job by taking the overhead of managing the finances of a home services business. JOBOX is a SaaS-based marketplace infrastructure provider that connects businesses with vetted home service professionals. The company's artificial intelligence-based infrastructure provides home service professionals with a free toolbox to help them launch their enterprises, while also assisting major organizations in matching work they have with a bank of professionals based on factors such as skill type and location.

Beyond Identity

Series C in 2022
Beyond Identity's mission is to empower the next generation of secure digital business by replacing passwords with fundamentally secure X.509-based certificates. This patent-pending approach creates an extended Chain of Trust that includes user and device identity and a real-time snapshot of the device’s security posture for adaptive risk-based authentication and authorization. Beyond Identity’s cloud-native solution enables customers to increase business velocity, implement new business models, reduce operating costs, and achieve complete passwordless identity management.

Sure

Series C in 2021
Sure, an insurance technology company, powers digital insurance programs for the world's most recognized brands and carriers. Its enterprise SaaS Platform and APIs accelerate digital transformation and embedded insurance distribution without the need for additional IT resources. Sure streamlines all aspects of digital insurance sales and service with features designed for each phase of the insurance lifecycle.

Farmers Business Network

Series F in 2020
Farmer Business Network (FBN) is an independent agronomic information network designed to enhance the livelihoods of farmers by making data accessible and useful. Leveraging data science and machine learning, FBN offers its members unbiased insights about their fields, drawing on billions of data points collected from a vast network of farmers. The platform provides valuable resources such as product performance analytics, benchmarking, and predictive insights based on real-world agricultural data. By connecting farmers across the United States, FBN helps them achieve input savings, gain profitable insights, and secure better crop prices, ultimately fostering a collaborative environment that benefits the agricultural community.

Nav

Series C in 2019
Nav is a free site and app that gives business owners the fastest, easiest and most trusted path to financing. The leading Business Financial Management app, Nav gives free access to personal and business credit reports from major consumer and commercial credit bureaus including Experian, Dun & Bradstreet, Equifax and TransUnion, and hosts a robust marketplace with more than 100 business financing products including loans and credit cards. The marketplace uses a unique, lender-neutral approach to help business owners find the best financing options for their needs. Nav's solution is also leveraged by other business service providers to enhance their customer experience.

Fair

Series B in 2018
Fair is a car leasing company that aims to grant access to mobility to everyone by pioneering the car-as-a-service (CaaS) concept. It gives customers the freedom to drive the car they want for as long as they want, and the flexibility to walk away at any time.

Imagen

Series B in 2018
Imagen enables Primary Care providers to become technology-enabled multispecialty practices, powering a successful transition from fee-for-service to value-based care. Its comprehensive platform includes in-office diagnostic testing, diagnostic interpretations powered by proprietary FDA-cleared machine learning software, and virtual specialist consults. Its platform empowers Primary Care providers to achieve healthcare’s quadruple aim of increasing quality, lowering costs, and improving the patient and provider experience.

Duetto

Series D in 2018
Duetto is a revenue strategy platform tailored for the hospitality industry, offering a suite of cloud applications designed to streamline the complexities of distribution and technology. By providing innovative solutions, Duetto enhances booking conversion, operational efficiency, guest loyalty, and overall revenue for hotels and casinos. The platform leverages dynamic data sources to deliver actionable insights into pricing and demand, empowering clients to forecast trends, set competitive prices, and manage distribution effectively. With a focus on addressing the industry's challenges, Duetto combines hospitality expertise with technological advancements to create a more holistic and profitable revenue strategy for its clients.

mParticle

Series C in 2017
mParticle offers a customer data platform that enables businesses to manage and analyze customer data in real time. The platform helps companies gain actionable insights, optimize customer journeys, and enhance engagement through advanced analytics and audience segmentation.

TuneIn

Series G in 2017
From live sports & local radio to news, music & podcasts, TuneIn has the perfect thing to “hear” wherever “here” might be. With 75 million monthly active users, TuneIn is one of the most widely used streaming audio platforms in the world. TuneIn broadcasts over 100,000 owned & operated and partner radio stations, in addition to boasting more than 5.7 million podcasts. TuneIn Premium subscribers unlock exclusive access to live commercial-free news from top networks like CNBC, CNN, FOX News Radio and MSNBC, commercial-free music channels for every mood and activity, and less ads throughout the platform. TuneIn can be accessed in 197 countries and on more than 200 different major platforms and connected devices, including voice assistants like Siri, Alexa, Google Assistant, Samsung Bixby and Cortana, and key integrations with Sonos, Bose and Tesla. With venture funding from Sequoia Capital, Comcast Ventures, IVP, Innovation Endeavors, Causeway, General Catalyst Partners, Icon Ventures and Marker LLC, TuneIn is headquartered in San Francisco, California. We are currently working and hiring remotely across the United States, as well as in parts of Europe and South America. Come join us in reinventing radio for a connected world!

Coinbase

Series D in 2017
Coinbase, Inc. is an online platform that enables merchants, consumers, and traders to buy, sell, and store digital currencies, including Bitcoin, Ethereum, and Litecoin. Founded in 2012 and based in San Francisco, California, Coinbase provides various products and services, such as a user-friendly website for transactions, digital wallets, and merchant payment processing tools. The platform allows users to connect their bank accounts to facilitate the buying and selling of cryptocurrencies. Additionally, Coinbase Ventures serves as the company's investment arm, focusing on early-stage startups in the cryptocurrency and blockchain sectors. With a mission to create an open financial system for the world, Coinbase has positioned itself as a significant player in the digital currency market.

ClassPass

Series C in 2017
ClassPass is a membership program for fitness classes across multiple gyms and studios, making working out more accessible. With over 25,000 studio, gym, and wellness partners across the globe, ClassPass connects members to a variety of classes and appointments including yoga, cycling, Pilates, boxing, massage, acupuncture, and more. It facilitates the discovery process, using machine learning to surface the most relevant recommendations to its members from a catalog of more than 5 million classes a month. In addition, ClassPass helps to lift the fitness industry daily, working directly with studio partners around the globe to merchandise their excess inventory, find new customers, and generate new streams of revenue.

OpenGov

Series C in 2017
OpenGov is a provider of modern cloud software that enables government operations for local governments and state agencies. The company's software is designed specifically for the public sector's particular budgeting, procurement, and community development requirements.

Clover Health

Series D in 2017
Clover Health is a provider of Medicare Advantage health plans to older Americans. The company operates a Preferred Provider Organization (PPO) platform to improve the quality of life of its members and physicians. Its platform utilizes patient-centered analytics and a dedicated care management team to identify potential risks and directly provide preventive care, thereby enabling patients and their health care providers to reduce avoidable spending as well as identify and manage chronic diseases. Clover uses sophisticated analytics and custom software to direct its own clinical staff to proactively fill in gaps in the care of its members.
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