Hula

Hula is a venture capital firm and business accelerator located in Burlington, Vermont, established in 2019. The organization focuses on elevating the local entrepreneurial ecosystem by providing seed and early-stage funding, mentorship, and connectivity to daring entrepreneurs and innovative ideas. Hula primarily invests in technology startups within sectors such as deeptech, greentech, medtech, artificial intelligence, machine learning, electric propulsion, SaaS, and battery technology. By fostering disruptive technologies and supporting businesses, Hula aims to position Vermont as an ideal environment for both living and growing enterprises.

Robert Lair

Managing Partner

4 past transactions

Syntensor

Seed Round in 2024
Syntensor is a developer of a drug and risk analysis platform that focuses on generating causal hypotheses regarding drug efficacy and systemic toxicity. The company has created a sophisticated platform that employs a single mechanistic model of human physiology, allowing for the simultaneous simulation of complex metabolic interactions across all cells and tissues. This innovative approach enables researchers to predict the efficacy of drug development more accurately, thereby enhancing the understanding of potential risks associated with new pharmaceuticals. Through its advanced technology, Syntensor aims to improve the drug discovery process and contribute to safer and more effective therapeutic solutions.

Benchmark Space Systems

Convertible Note in 2022
Benchmark Space Systems, Inc. is a company that specializes in the research, design, and manufacture of propulsion products tailored for the small satellite market. Founded in 2014 and based in South Burlington, Vermont, with an additional office in Burlington, the company provides integrated spacecraft propulsion systems, mobility subsystems, and orbit transfer products. Its offerings are essential for various satellite operations, including orbit insertion, deorbit, collision avoidance, and momentum management. Benchmark Space Systems is focused on delivering low-cost propulsion solutions that utilize a non-toxic, inert chemical, enhancing safety in transport and storage. The company's proprietary resistor jet micro propulsion system combines thruster, propellant storage, and control hardware into a compact package, making it an attractive option for businesses, scientists, and universities looking to utilize small satellites. With the small satellite market projected to grow significantly, Benchmark Space Systems is positioned to play a key role in this sector's development.

Reconciled

Seed Round in 2021
Reconciled is an online bookkeeping service specializing in supporting entrepreneurs and small businesses. Founded by Michael Ly and Bonnie Reese, the company leverages cloud-based software and tools to manage daily bookkeeping tasks, allowing clients to focus on their core business activities. Reconciled offers additional Controller and CFO services for growing companies with complex accounting needs. The team comprises U.S.-based accounting professionals holding relevant certifications or equivalent experience, ensuring consistent, high-quality service.

Biocogniv

Pre Seed Round in 2020
Biocogniv Inc. is a Burlington, Vermont-based company that develops artificial intelligence-powered diagnostic tools aimed at enhancing healthcare delivery in hospitals. Founded in 2019, Biocogniv creates plugins for electronic health record systems that enable real-time screening of patients for conditions like COVID-19 by instantly analyzing standard blood test results. The company's technology focuses on improving the quality and efficiency of clinical operations by providing actionable insights derived from the vast amounts of data generated by healthcare systems. Biocogniv's platform is designed to seamlessly integrate with existing workflows in emergency departments, predicting critical outcomes such as sepsis-related in-hospital mortality and the need for intensive care unit admission. Through these innovations, Biocogniv aims to enhance the accuracy and accessibility of diagnostic methods in the medical sector.
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