Good News Ventures

Good News Ventures is a venture capital firm that specializes in pre-seed, seed, and early-stage investments in technology companies across various sectors, including artificial intelligence, Internet of Things, big data, and healthcare, among others. The firm is dedicated to supporting determined entrepreneurs who are willing to take risks and challenge conventional norms in their pursuit of innovative business ideas. Based in Circleville, Ohio, Good News Ventures primarily focuses on companies located in Toronto, Canada, and North America. The firm emphasizes the importance of providing strategic advice and networking opportunities through a diverse group of advisors who mentor entrepreneurs from concept to business realization. By evaluating risk versus reward, Good News Ventures aims to deliver significant value to founders and attractive returns for investors.

Samer Bishay

Partner

Mona Kung

Partner

Mohan Markandaier

Managing Partner

Marat Mukhamedyarov

Managing Partner

64 past transactions

Coinchange

Seed Round in 2021
Coinchange is an innovative financial services company helping people and companies navigate the new digital asset economy. It offer secure transactions, streamlined verification, fast settlement, and no deposit, withdraw and other annoying fees.

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.

Bedrock AI

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

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.

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.

DarwinAI

Convertible Note in 2019
DarwinAI is the next evolution in A.I. development. Based on distinguished scholarship by an award-winning team led by a Canada Research Chair in A.I., DarwinAI takes the guesswork out of building better A.I. Through our patented Generative Synthesis™ A.I.-building A.I., DarwinAI enables A.I. to work in the real world by making deep learning faster, portable, scalable, and understandable. Making A.I. work for anyone, anywhere, anytime.

#Paid

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

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.

Stay22

Seed Round in 2019
Over half the total spend on hotels and short-term rentals – $295B each year – comes from event accommodations for conferences, concerts, festivals, and sporting events. This is an incredibly underserved market. Event organizers typically view attendee accommodations as a non-revenue-producing activity and spend countless hours reserving blocks of rooms for $0 in return. Stay22 turns this into a HUGE new source of revenue for the event organizers who partner with us

Zoom.ai

Seed Round in 2018
Zoom.ai Inc. develops an artificial intelligence based automated virtual assistant. The software ties into a user’s data, learns the user’s preferences, and assists with meeting scheduling and briefings, warm introductions, reminders, unified search, building corporate FAQ , and logistics scheduling. The product respond to users through messaging platforms, such as slack, skype, facebook messenger, google hangouts, sms/text, and group me. The company was founded in 2016 and is based in Toronto, Canada.

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.

Zoom.ai

Private Placement in 2018
Zoom.ai Inc. develops an artificial intelligence based automated virtual assistant. The software ties into a user’s data, learns the user’s preferences, and assists with meeting scheduling and briefings, warm introductions, reminders, unified search, building corporate FAQ , and logistics scheduling. The product respond to users through messaging platforms, such as slack, skype, facebook messenger, google hangouts, sms/text, and group me. The company was founded in 2016 and is based in Toronto, Canada.

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.

Acto

Seed Round in 2017
ACTO is an omnichannel education and engagement platform for life sciences companies. They use AI-powered mobile experiences and agency partnerships to educate and engage field reps, physicians and patients, while giving senior commercial and clinical leaders real-time insights. ACTO is a one-stop-shop sales, marketing, and training platform designed to help life sciences companies effectively communicate their clinical evidence story, increase sales, and gather field intelligence.

RYSE

Convertible Note in 2017
AXIS has the vision to make any 'existing thing' smart - starting first with window shades. The company's first product, Gear, motorizes and automates existing window shades in minutes. Named as the 2017 Motorized Product of the Year by the Consumer Technology Association, Gear is compatible with a variety of window shades and allows you to control and schedule your shades from the comfort of your phone. Headquartered in Toronto, Canada, with offices in New York City, USA, and Shenzhen, China, AXIS is on a mission to transform the window shade industry with smart and simple technology.

Cuboh

Seed Round in 2020
Cuboh is a developer of an application intended to automate online food orders for restaurants. The company's platform helps to use several delivery platforms like Doordash, Postmates, UberEats and more by bringing them all to one system and integrating it with POS systems, enabling restaurants to manage all online orders on just one easy-to-use interface, easily add new apps and expand to new markets.

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.

Acto

Private Placement in 2018
ACTO is an omnichannel education and engagement platform for life sciences companies. They use AI-powered mobile experiences and agency partnerships to educate and engage field reps, physicians and patients, while giving senior commercial and clinical leaders real-time insights. ACTO is a one-stop-shop sales, marketing, and training platform designed to help life sciences companies effectively communicate their clinical evidence story, increase sales, and gather field intelligence.

Cuboh

Private Placement in 2020
Cuboh is a developer of an application intended to automate online food orders for restaurants. The company's platform helps to use several delivery platforms like Doordash, Postmates, UberEats and more by bringing them all to one system and integrating it with POS systems, enabling restaurants to manage all online orders on just one easy-to-use interface, easily add new apps and expand to new markets.

Rally

Private Placement in 2019
Rally owns and operates a document management platform. The company’s platform allows its users to manage their contracts and company’s legal documents on the cloud, it also gives its users an extensive library of contract and corporate templates and provides an customization process that helps in generating custom design documents. Rally was founded in 2017 and is based in Toronto, Canada.

Zoom.ai

Seed Round in 2017
Zoom.ai Inc. develops an artificial intelligence based automated virtual assistant. The software ties into a user’s data, learns the user’s preferences, and assists with meeting scheduling and briefings, warm introductions, reminders, unified search, building corporate FAQ , and logistics scheduling. The product respond to users through messaging platforms, such as slack, skype, facebook messenger, google hangouts, sms/text, and group me. The company was founded in 2016 and is based in Toronto, Canada.

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.

Spellbook

Seed Round in 2023
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.

Coinchange

Venture Round in 2023
Coinchange is an innovative financial services company helping people and companies navigate the new digital asset economy. It offer secure transactions, streamlined verification, fast settlement, and no deposit, withdraw and other annoying fees.

Eaigle

Seed Round in 2023
EAIGLE is an intelligent video Analytics Platform based on machine learning and artificial intelligence for Water Management & Sustainable Operation in Aquatic Centres & swimming pools through real-time occupancy monitoring. It is a full-stack solution of hardware, software, and cloud data that offers facility managers and operators a simple way to monitor and control water usage in their swimming pools.

Koala

Seed Round in 2022
Re-inventing how we teach on the internet

GoMaterials

Seed Round in 2022
GoMaterials is a B2B marketplace that optimizes the procurement process in the landscape construction industry. Our marketplace allows landscapers to by-pass big box retailers, and go directly to the source for their plant and hardscape materials. Our algorithm analyzes every possible combination of vendors to fulfill a single order, taking into account logistics, price and availability. We save contractors time and money while providing vendors access to new markets in exchange for a commission fee.

Mammoth Climate

Seed Round in 2022
Carbon Neutral Club is a monthly membership with two benefits: 1. Fight climate change in minutes by estimating and offsetting your carbon footprint. A membership offsets your carbon footprint by funding verified projects that conserve forests and reduce our dependence on fossil fuels. 2. Get rewards at great sustainable brands. All Carbon Neutral Club members receive exclusive rewards and discounts at great brands that are paving the way for a better future. Further your impact every time you shop. We are on a mission to unite like-minded consumers, brands, and employers in our collective fight against climate change. Launching Spring, 2021.

Quandri

Seed Round in 2022
Quandri is a digital worker for insurance brokers & agencies.

Quandri

Series A in 2023
Quandri is a digital worker for insurance brokers & agencies.

Via.Delivery

Seed Round in 2022
Via.Delivery is a platform to make offline retail pick points for eCommerce using logistics, warehouses, and personnel of retail. The company helps eCommerce stores solve their last-mile solution through retail chains. It organizes the delivery process from online sellers to offline chains of stores, increasing clients' traffic for retailer partners, and making the collection process easier for the final customer.

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.

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.

FleetOps

Seed Round in 2016
FleetOps develops an application, which helps to connect freight from brokers and shippers. The company provides tailored analytics and KPI's specific to carrier trucking operations. FleetOps was founded in 2014 and is based in Toronto, Canada.

Funnelytics

Private Placement in 2020
Funnelytics Inc. develops a funnel mapping and analytics tool for marketers. The company’s software is used to design, track, and analyze marketing funnels. Funnelytics Inc. was founded in 2017 and is based in Toronto, Canada.

Hockeystick

Venture Round in 2018
Smart companies understand that investors want to know what's going on in your business. It's a key part of the venture investing model and the best investors are expecting more data and more discipline around sharing it. But it's not all about them. You benefit when your investors (and advisors) are better informed. It lets them jump in and help, whether it's opening that door or leading the next financing round.

Funnelytics

Seed Round in 2020
Funnelytics Inc. develops a funnel mapping and analytics tool for marketers. The company’s software is used to design, track, and analyze marketing funnels. Funnelytics Inc. was founded in 2017 and is based in Toronto, Canada.

Datafold

Seed Round in 2020
Datafold builds tools for automating analytical data quality management. It helps companies extract more value from their analytical data by automating Data Engineering workflows like data quality monitoring. It also simplifies data QA by enabling instant table comparison and profiling.

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.

Envoi Technologies

Pre Seed Round in 2018
Envoi Technologies Inc. provides a mobile application and web-based technology platform. Its platform connects consumers and retail stores with independent contractor couriers to facilitate same day-demand delivery services. The company was founded in 2017 and is based in Waterloo, Canada.

FleetRover

Seed Round in 2017
FleetRover is a trucking company that specializes in the fields of delivery, GPS, and information technology. It features a mobile-based application platform that allows its users to track their fleets and delivery in real-time. The company was founded in 2015 and headquartered in Ontario, Canada.

iRestify

Private Placement 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.

GoWrench

Private Placement 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.

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.

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.

ClaimCompass

Seed Round in 2019
ClaimCompass, Inc. provides air passenger services. It helps air passengers to get their deserved compensation for various situations, such as cancelled flight, delayed flight, and refused boarding due to an overbooking, as well as due to change of the time of the flight shortly before departure. The company was founded in 2015 and is based in Mountain View, California.

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.

ClaimCompass

Private Placement in 2019
ClaimCompass, Inc. provides air passenger services. It helps air passengers to get their deserved compensation for various situations, such as cancelled flight, delayed flight, and refused boarding due to an overbooking, as well as due to change of the time of the flight shortly before departure. The company was founded in 2015 and is based in Mountain View, California.

Intelocate

Pre Seed Round in 2017
Intelocate develops cloud based communication and execution platform which enables retailers configure a network of brand, vendor and sales associates to optimize execution in the retail channel. The company was founded in 2015 and is based in Toronto, Canada.

Funnelytics

Seed Round in 2020
Funnelytics Inc. develops a funnel mapping and analytics tool for marketers. The company’s software is used to design, track, and analyze marketing funnels. Funnelytics Inc. was founded in 2017 and is based in Toronto, Canada.

Doorr

Private Placement 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.

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.

eleven-x

Seed Round in 2017
Eleven-X Inc. manufactures wireless networking equipment to enable wireless connectivity and real time data collection for smart cities, campuses, buildings, and industries. The company’s cloud-based LoRaWAN network addresses Internet of things (IoT) use cases, such as water monitoring, parking, lighting, asset tracking, waste monitoring, and metering in cities; sub-metering, environmental monitoring, water monitoring, occupancy, and light levels in building and campuses; and preventive maintenance, tank monitoring, and asset tracking in industries. It also serves utilities, agriculture, environment, and transportation and logistics sectors. The company was founded in 2014 and is based in Waterloo, Canada.

Spellbook

Series A in 2024
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.

Huddle01

Seed Round in 2023
Huddle 01 is a decentralized video conferencing re-imagined for performance, affordability, and security.

Mammoth Climate

Venture Round in 2023
Carbon Neutral Club is a monthly membership with two benefits: 1. Fight climate change in minutes by estimating and offsetting your carbon footprint. A membership offsets your carbon footprint by funding verified projects that conserve forests and reduce our dependence on fossil fuels. 2. Get rewards at great sustainable brands. All Carbon Neutral Club members receive exclusive rewards and discounts at great brands that are paving the way for a better future. Further your impact every time you shop. We are on a mission to unite like-minded consumers, brands, and employers in our collective fight against climate change. Launching Spring, 2021.