Good News Ventures

Good News Ventures LLC is a venture capital firm based in Circleville, Ohio, that focuses on early-stage investments, specifically pre-seed and seed stage opportunities. Established in 2017, the firm is industry agnostic and invests in a wide range of sectors, including artificial intelligence, Internet of Things, big data, cloud computing, mobile technologies, finance, healthcare, and blockchain, among others. While it primarily seeks to invest in companies located in North America, particularly Toronto, Canada, the firm is committed to supporting entrepreneurs who demonstrate determination and innovation. Good News Ventures emphasizes the importance of mentorship and strategic guidance, providing valuable insights to founders as they develop their business ideas. The firm aims to create exceptional value for entrepreneurs while achieving remarkable returns for its investors, carefully balancing risk and reward in its investment philosophy.

Michael Flux

Investment Partner

Rudy Joss

Investment Partner

Mona Kung

Partner

Mohan Markandaier

Managing Partner

Marat Mukhamedyarov

Managing Partner

45 past transactions

Impro

Seed Round in 2022
Developer of a coaching platform intended to allow clients to offer personalized performance coaching to their entire organization. The company's platform combines insights and micro-coaching that leverages generative AI and helps companies accelerate their overall growth, enabling clients to enhance their company's productivity as well as team performance, which will improve through integrated and data-driven coaching, mentoring, and consulting.

Via.Delivery

Seed Round in 2022
Via.Delivery is a logistics platform designed to facilitate the delivery and pick-up of online orders through established retail chains. By leveraging the logistics, warehouses, and personnel of these retail partners, Via.Delivery addresses the last-mile challenges faced by eCommerce businesses. The platform streamlines the delivery process, connecting online sellers with offline retail locations, which not only simplifies the collection experience for customers but also drives increased traffic to retail partners. This innovative approach enables eCommerce stores to enhance their delivery efficiency while optimizing the overall shopping experience for consumers.

Voltpost

Pre Seed Round in 2022
Manufacturer of electric vehicle charging platform intended to decarbonize mobility by democratizing charging access. The company's product accelerates electric vehicle adoption by providing cities and companies with scalable parking lots and curbside charging, enabling users to provide convenient and affordable charging access while reducing the cost, timing, and footprint of chargers, and cities with scalable curbside charging for drivers.

Talent Protocol

Seed Round in 2021
Talent Protocol is the web3 professional network where high-potential individuals can build an on-chain resume and launch a talent token, allowing anyone to easily invest in their careers. Our mission is to help the next generation of talent achieve success and fulfilment by enabling collective careers. Until now careers have mostly been a single-player game where only a privileged few can win. With web3, careers are becoming multiplayer journeys where early support is rewarded and success is shared.

Bedrock AI

Seed Round in 2021
Bedrock AI is software that extracts hard-to-find information in a public company filing like annual reports.

Stayflexi

Seed Round in 2021
Stayflexi Inc. is the world's first flexible hospitality company based out of Silicon Valley, California. Our unique model, Flexible Slot based bookings provides WIN WIN for hotel bookers and hoteliers. We provide both B2C and B2B solutions in hospitality space. On our B2C space, we offer flexible bookings portal and biddings on last minute hotel rooms for great discounts. On our B2B space, we provide a disruptive All-In-One SaaS platform for Hotels and BnBs. A fully managed cloud with add-ons to capture the demand around Flexible Stays and drive direct customer conversions by offering not just a room but also cross sell value added services directly through the platform. More about our business segment offerings: business.stayflexi.com Stayflexi is now officially advised by US federal and California State initiative Tech Futures Group. https://www.techfuturesgroup.org/client-profiles/2020/1/6/stayflexi Stayflexi partners with NotOnMap on joint initiative called NotOnMart. A portal that connects Rural India to end consumers on Responsible Travel and e-Commerce objectives.

Stayflexi

Seed Round in 2021
Stayflexi Inc. is the world's first flexible hospitality company based out of Silicon Valley, California. Our unique model, Flexible Slot based bookings provides WIN WIN for hotel bookers and hoteliers. We provide both B2C and B2B solutions in hospitality space. On our B2C space, we offer flexible bookings portal and biddings on last minute hotel rooms for great discounts. On our B2B space, we provide a disruptive All-In-One SaaS platform for Hotels and BnBs. A fully managed cloud with add-ons to capture the demand around Flexible Stays and drive direct customer conversions by offering not just a room but also cross sell value added services directly through the platform. More about our business segment offerings: business.stayflexi.com Stayflexi is now officially advised by US federal and California State initiative Tech Futures Group. https://www.techfuturesgroup.org/client-profiles/2020/1/6/stayflexi Stayflexi partners with NotOnMap on joint initiative called NotOnMart. A portal that connects Rural India to end consumers on Responsible Travel and e-Commerce objectives.

Dashlabs.ai

Seed Round in 2021
Dashlabs.ai is a developer of laboratory-based software that aims to enhance access to healthcare by automating laboratory tests and streamlining lab management processes. The company employs proprietary artificial intelligence and machine learning technologies to create solutions compatible with various laboratories and equipment. This software facilitates FinTech integration and features tight API endpoints, allowing healthcare institutions to utilize the platform from any device and location. Additionally, Dashlabs.ai enables real-time tracking of specimens, which further supports efficient healthcare delivery.

Coinchange

Seed Round in 2021
Coinchange is a financial services company focused on facilitating access to the digital asset economy for individuals and businesses. The company offers a user-friendly fintech platform that provides a range of products and services, allowing users to leverage the potential of digital assets. Coinchange aims to deliver secure transactions, streamlined verification, and fast settlement, all while eliminating common fees associated with deposits and withdrawals. Its innovative solutions cater to financial advisers, crypto hedge funds, and high-net-worth clients, enabling them to automate earnings, invest in institutional crypto funds, and trade seamlessly. By bridging traditional finance with digital currencies, Coinchange strives to create a fair and inclusive financial future for all users.

Quantum bridge technologies QBT

Pre Seed Round in 2021
QBT is building the next generation of the internet by overlaying their proprietary software and quantum repeater hardware in order to allow quantum communication between any two parties around the globe.

Datafold

Seed Round in 2020
Datafold Inc., founded in 2020 and based in San Francisco, California, specializes in solutions for quality assurance and monitoring of analytical data. The company provides tools that automate data quality management, helping organizations extract greater value from their analytical datasets. Key offerings include the ability to compare tables, validate ETL code changes, and automate data quality assurance processes. By simplifying data quality monitoring and enabling instant table comparison and profiling, Datafold enhances data engineering workflows, allowing businesses to maintain high standards of data integrity and reliability.

webapp.io

Seed Round in 2020
Traditional CI approaches need you to mix Dockerfiles with a big YAML file to define pipelines. Layer turns this pattern on its head - we've extended the Dockerfile to make it specifically for testing: - It's only one file, so you can write CI configurations without looking at docs - Our runners are fully featured VMs, and we take memory snapshots instead of just the filesystem so you can restore a configured Redis instance from a previous pipeline. ## Benefits - Get a unique link to share the frontend changes for every commit - we'll spin up the environment whenever it's requested, so you don't have to pay to keep them up - CI runs significantly faster because you can set up your environment (e.g., `docker-compose up -d`) once, and rewind to that snapshot for every following pipeline. - It's easier to onboard team members because they just have to read the single Layerfile to understand the whole CI process (incl. how to install everything) - Debugging is easier because you can enter a web console into the last snapshot up to a week after a test passed or failed.

Funnelytics

Seed Round in 2020
Funnelytics Inc., founded in 2017 and based in Toronto, Canada, specializes in developing a funnel mapping and analytics tool tailored for digital marketers. The software allows users to design, track, and analyze marketing funnels, enabling a more effective approach to marketing analysis. Funnelytics provides features that allow enterprises to create custom funnels or utilize existing templates, facilitating the measurement of performance across various channels. Users can estimate campaign conversion rates, assess expenses and traffic volumes, and calculate profit and return on investment. This functionality empowers marketers and business owners to visually map and track their sales and marketing campaigns, ultimately enhancing their overall marketing effectiveness.

Funnelytics

Seed Round in 2020
Funnelytics Inc., founded in 2017 and based in Toronto, Canada, specializes in developing a funnel mapping and analytics tool tailored for digital marketers. The software allows users to design, track, and analyze marketing funnels, enabling a more effective approach to marketing analysis. Funnelytics provides features that allow enterprises to create custom funnels or utilize existing templates, facilitating the measurement of performance across various channels. Users can estimate campaign conversion rates, assess expenses and traffic volumes, and calculate profit and return on investment. This functionality empowers marketers and business owners to visually map and track their sales and marketing campaigns, ultimately enhancing their overall marketing effectiveness.

Cuboh

Seed Round in 2020
Cuboh is an online platform founded in 2019 and based in Victoria, Canada, that simplifies the management of online food orders for restaurants. By integrating multiple delivery platforms such as DoorDash, Postmates, and UberEats into a single system, Cuboh enables restaurants to streamline their operations through an easy-to-use interface. This application allows users to manage all online orders efficiently and facilitates the addition of new applications to support expansion into new markets. Overall, Cuboh aims to enhance the ordering process for both restaurants and customers by automating and centralizing online food order management.

BattleSnake

Pre Seed Round in 2020
Battlesnake is a platform that allows people who wanted to know and try programming in a fun way. Battlesnake is used to learn new technologies, improve their skills, and have fun with friends and colleagues.

Spellbook

Equity Crowdfunding in 2019
Rally is a web app where users can manage their contracts and company’s legal documents in a frictionless manner and entirely on the cloud.

Rallynow

Venture Round in 2019
Rally is a web app where users can manage their contracts and company’s legal documents in a frictionless manner and entirely on the cloud. Rally gives its users an extensive library of contract and corporate templates and provides an innovative customization process that makes generating documents easier than ever. On Rally you create, customize, and collaborate with your team on documents, as well as negotiate your deals with counterparties before e-signing them and storing them in an active repository that tracks important actions and obligations from both parties.

DarwinAI

Convertible Note in 2019
DarwinAI Corp. specializes in designing and developing a platform that generates deep neural networks for enterprise artificial intelligence applications. The company's flagship product, GenSynth, is a software platform that provides developers and data scientists with tools to accelerate the deep learning development cycle in a transparent manner. GenSynth automatically creates new models that meet specific performance targets while maintaining transparency throughout the development process, allowing users to understand the factors influencing model decisions. Founded in 2017 and headquartered in Waterloo, Canada, DarwinAI leverages patented Generative Synthesis technology to enhance the efficiency, portability, scalability, and comprehensibility of artificial intelligence, making advanced AI accessible to a broader audience.

ClaimCompass

Seed Round in 2019
ClaimCompass, Inc. is a legal services company based in Mountain View, California, that specializes in assisting airline passengers in obtaining compensation for flight disruptions, including delays, cancellations, and overbooked flights. Founded in 2015, the company operates an online platform that facilitates the processing of claims for flights departing from airports within the European Union, allowing passengers to claim compensation of up to six hundred euros. By streamlining the claims process, ClaimCompass aims to ensure that passengers receive the compensation they are entitled to in various situations, such as last-minute flight changes or denied boarding.

Stay22

Seed Round in 2019
Stay22 is a travel technology company that focuses on enhancing the accommodation experience for event attendees. It addresses the significant market for event-related lodging, which accounts for a substantial portion of the $295 billion annual spending on hotels and short-term rentals. By partnering with event organizers, Stay22 transforms the traditionally overlooked aspect of attendee accommodations into a potential revenue stream. The company utilizes advanced digital solutions, including artificial intelligence and machine learning, to streamline the booking process, allowing travelers to easily find accommodations that suit their needs and budgets. This innovative approach not only simplifies the travel experience but also empowers event organizers to monetize the travel intent of their audiences, ultimately improving the overall event experience for attendees.

Doorr

Pre Seed Round in 2019
Doorr Inc. designs and develops and application software for brokers and agents to work with realtors and clients. The company’s application software also provides data visualization; digitize the entire experience from start to signature, custom built white level website. Doorr Inc. was founded in 2018 and is based in Toronto, Canada. As of October 21, 2020, Doorr Inc. operates as a subsidiary of D+H Limited Partnership.

Envoi Technologies

Pre Seed Round in 2018
Envoi Technologies Inc. is a Canadian company based in Waterloo, founded in 2017. It offers a mobile application and web-based technology platform designed to connect consumers and retail stores with independent contractor couriers. This innovative platform enables same-day delivery services, allowing retailers to efficiently meet consumer demand. By bypassing the traditional courier model, Envoi enhances the speed and visibility of delivery services, providing a more effective solution for retailers and improving the overall customer experience.

Voiceflow

Funding Round in 2018
Voiceflow, Inc. is a Toronto-based company that provides an online platform for designing and developing voice applications. Founded in 2018, Voiceflow enables users, including content creators and businesses, to create, prototype, and distribute voice applications for smart speakers like Alexa and Google Assistant without requiring coding skills. The platform features a visual programming language with a drag-and-drop interface, simplifying the process of building and launching voice applications. Through its user-friendly tools, Voiceflow supports the monetization of voice content, making it accessible for individuals and organizations to leverage voice technology effectively.

iRestify

Seed Round in 2018
iRestify Inc. provides cleaning, disinfecting and maintenance services to property managers in Canada. The company was founded in 2015 and is based in Toronto, Canada.

Lending Loop

Seed Round in 2018
Lending Loop is Canada's first peer-to-peer lending marketplace. Our core focus is providing businesses with accessible capital at fair interest rates through a simple online process. We do this by cutting out the costly intermediaries, such as banks, allowing Canadian businesses and lenders to prosper together. Lending Loop gives all Canadians access to simple and attractive returns by supporting the growth of local Canadian businesses.

#Paid

Convertible Note in 2018
Learn more about #paid’s creator media platform at www.hashtagpaid.com/product

GoWrench

Seed Round in 2018
GoWrench Inc. offers mobile automotive maintenance services. The company allows the customer to request the service through an online booking platform and provides mechanics after receiving a quote. The company was incorporated in 2015 and is based in Hamilton, Canada.

Hockeystick

Venture Round in 2018
Hockeystick operates an online financial data platform that connects startups with potential funders. Its cloud-based system automates data collection and reporting, providing private equity funds, venture capitalists, lenders, and companies with comprehensive reports and analytics. This enables users to monitor their portfolios effectively and drive growth. By enhancing transparency and communication, Hockeystick ensures that investors are well-informed about the businesses they support, allowing them to engage more actively, whether through strategic advice or facilitating future financing rounds.

Zoom.ai

Seed Round in 2018
Zoom.ai Inc. is a Toronto-based company that specializes in developing an artificial intelligence-driven automated virtual assistant. Founded in 2016, the software integrates with a user’s existing data to learn their preferences and streamline various operational tasks. It assists in meeting scheduling, workload management, and logistics coordination, while also providing features like reminders and warm introductions. The virtual assistant facilitates communication through popular messaging platforms, including Slack, Skype, Facebook Messenger, Google Hangouts, SMS, and GroupMe. By automating routine tasks, Zoom.ai aims to enhance productivity for enterprise managers and reduce workplace distractions.

KitchenMate

Convertible Note in 2017
Reshaping your food experience with the only automated restaurant for your workplace. Stay safe, stay on-site with real food, cooked anytime powered by our plug-&-play Smart Cooking System.

RYSE

Convertible Note in 2017
RYSE, formerly known as AXIS Labs, Inc., specializes in the automation of window shades through its innovative product, Gear. This device allows users to motorize and automate their existing window shades quickly and efficiently. Gear has been recognized as the 2017 Motorized Product of the Year by the Consumer Technology Association, highlighting its impact in the industry. The accompanying mobile application, compatible with both iOS and Android platforms, enables users to control and schedule their shades conveniently from their smartphones. Headquartered in Toronto, with additional offices in New York City and Shenzhen, RYSE aims to revolutionize the window shade market by integrating smart technology into everyday products.

eleven-x

Seed Round in 2017
Eleven-X Inc. specializes in manufacturing wireless networking equipment that facilitates real-time data collection and connectivity for various applications, including smart cities, campuses, buildings, and industrial environments. Based in Waterloo, Canada, the company operates Canada's first and only coast-to-coast low power wide area network (LPWAN) based on the LoRaWAN standard, which supports a diverse range of Internet of Things (IoT) use cases. These include water monitoring, parking management, lighting control, asset tracking, and waste monitoring in urban settings, as well as environmental monitoring and preventive maintenance in industrial sectors. Eleven-X also caters to utilities, agriculture, and transportation, enabling both public and private sector clients to efficiently manage resources and enhance sustainability efforts. Founded in 2014, Eleven-X is a recognized member of the LoRa Alliance, contributing to advancements in wireless connectivity and IoT technology.

FleetRover

Seed Round in 2017
FleetRover Inc. is a Canadian company based in Kitchener, specializing in web-based fleet tracking software and mobile applications. Founded in 2015, FleetRover offers a platform that enables users to monitor their fleets and deliveries in real-time. The company focuses on the integration of GPS technology and information systems to enhance operational efficiency for trucking and delivery services.

Zoom.ai

Seed Round in 2017
Zoom.ai Inc. is a Toronto-based company that specializes in developing an artificial intelligence-driven automated virtual assistant. Founded in 2016, the software integrates with a user’s existing data to learn their preferences and streamline various operational tasks. It assists in meeting scheduling, workload management, and logistics coordination, while also providing features like reminders and warm introductions. The virtual assistant facilitates communication through popular messaging platforms, including Slack, Skype, Facebook Messenger, Google Hangouts, SMS, and GroupMe. By automating routine tasks, Zoom.ai aims to enhance productivity for enterprise managers and reduce workplace distractions.

Brüha

Seed Round in 2017
Brüha is an online event marketplace. We provide event organizers various tools and services to help them manage their events and sell tickets. Event organizers list and sell event tickets directly through the Brüha platform. They have an opportunity to hire Promoters on Brüha, who are vetted individuals and groups that sell tickets for a commission on the sale.

Intelocate

Pre Seed Round in 2017
Intelocate is a Toronto-based company founded in 2015 that specializes in developing a cloud-based communication and execution platform tailored for multi-location businesses. Its platform focuses on optimizing retail channel execution by enabling retailers to configure a network of brands, vendors, and sales associates. By offering collaborative tools for planning and launching projects, Intelocate enhances communication and connectivity within organizations. The platform aims to streamline retail supply chain management, replacing outdated communication methods and improving operational efficiency. Overall, Intelocate provides a comprehensive ecosystem to support performance-driven businesses in managing their operations effectively.

Sampler

Seed Round in 2016
At Sampler, we help consumer packaged good brands of all sizes and categories deliver physical samples to digitally targeted consumers. Our turnkey solution helps brands gather consumer feedback and demographic insights that will increase successful trial and in-turn conversion rates. Using Sampler, brands no longer need to hand out samples at random, and can get product into the right hands. We call it Direct to Consumer Product Sampling.

HTBASE

Seed Round in 2016
HTBASE delivers a unique Composable IT infrastructure solution to medium and large enterprises with its software-defined platform. Their goal is to enable organizations to transform their operations and deliver technology solutions on an efficient way. Through innovative product and services, HTBASE accelerates the journey to cloud computing in a more agile, trusted and cost-efficient way.

FleetOps

Seed Round in 2016
FleetOps is a freight marketplace based in Toronto, Canada, founded in 2014. The company has developed an application that connects freight from brokers and shippers, automating the allocation of loads to truck drivers. By leveraging data from telematics providers, FleetOps gathers extensive information on vehicle locations, typical routes, idle times, and driver behavior. This data is processed using AI and machine learning algorithms to identify the most suitable loads for each driver. Drivers interact with the system through a mobile application, which is required for compliance with electronic logging device regulations. In addition to facilitating load matching, FleetOps provides tailored analytics and key performance indicators specific to carrier trucking operations, enhancing efficiency and decision-making in logistics.

FleetOps

Seed Round in 2016
FleetOps is a freight marketplace based in Toronto, Canada, founded in 2014. The company has developed an application that connects freight from brokers and shippers, automating the allocation of loads to truck drivers. By leveraging data from telematics providers, FleetOps gathers extensive information on vehicle locations, typical routes, idle times, and driver behavior. This data is processed using AI and machine learning algorithms to identify the most suitable loads for each driver. Drivers interact with the system through a mobile application, which is required for compliance with electronic logging device regulations. In addition to facilitating load matching, FleetOps provides tailored analytics and key performance indicators specific to carrier trucking operations, enhancing efficiency and decision-making in logistics.
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