Inspovation Ventures

Inspovation Ventures is a venture capital firm based in Los Altos, California, established in 2011. The firm specializes in investing in startups and early-stage companies primarily within the healthcare, information technology, and internet services sectors, particularly in the San Francisco Bay Area. Inspovation Ventures typically invests between $0.025 million and $0.5 million, targeting companies with pre-money valuations below $5 million. The firm often opts for investments in the form of convertible notes and prefers to take a board seat in the companies it supports. In addition to financial backing, the partners at Inspovation offer guidance and leverage their extensive networks to assist entrepreneurs with customer acquisition, recruiting, and fundraising, thereby playing a hands-on role in the growth of the businesses they invest in.

Pavan Nigam

Founding Partner

19 past transactions

Slyce

Seed Round in 2017
Slyce is a technology company specializing in visual search and image recognition solutions for retailers and brands. Founded in 2012 and based in Toronto, Ontario, Slyce offers a platform that enables users to identify products in real time through visual recognition, as well as video and audio recognition, QR and barcode scanning, and NFC technology. This platform allows retailers and brands to facilitate transactions at the moment of consumer inspiration, enhancing the shopping experience. Additionally, Slyce's services enable businesses to target new customers and optimize engagement with existing ones. The company also develops tools that harmonize data across food delivery platforms, empowering restaurants to increase their delivery revenue through machine learning and AI-driven marketing strategies. Overall, Slyce aims to simplify and enhance the shopping and dining experiences for consumers while providing valuable insights and operational efficiencies to brands and restaurants.

atSpoke

Series A in 2016
atSpoke is a developer of an AI-powered workplace ticketing platform that facilitates efficient management of internal requests. The platform provides employees with immediate and personalized access to knowledge and support, allowing them to work smartly and quickly. By automating responses to common inquiries, atSpoke enables IT, HR, and support teams to enhance service quality and accountability. This automation also allows these teams to scale their operations effectively to meet varying demands. Overall, atSpoke streamlines the process of addressing repetitive requests, thus improving workplace efficiency and employee experience.

Fortanix

Seed Round in 2016
Fortanix Inc. is a cybersecurity company headquartered in Mountain View, California, with an additional office in Singapore. Founded in 2016, it specializes in developing advanced security solutions for mobile, cloud, and enterprise platforms. The company's flagship product, the Self-Defending Key Management Service (SDKMS), combines key generation, management, and encryption-as-a-service into a single, highly secure cloud-native solution. Leveraging Intel SGX, Fortanix's Runtime Encryption technology safeguards keys, data, and applications even in compromised environments, protecting against unauthorized access by malicious users. Additional offerings include the Fortanix Confidential Computing Enclave Manager, which enables secure application execution in confidential environments, and the Fortanix Cloud Key Manager, designed to protect sensitive data during cloud migration. Fortanix’s solutions are available as both Software as a Service for cloud customers and as licensed software for on-premises deployment. The company has established strategic partnerships with major firms such as Equinix and IBM Cloud and has garnered recognition as a Gartner Cool Vendor, reflecting its innovative contributions to the field of cybersecurity.

StackShare

Seed Round in 2016
StackShare, Inc. is a cloud-based discovery platform established in 2013 and based in San Jose, California. The company facilitates the exploration and comparison of software development tools and cloud infrastructure services, addressing the challenges developers face in selecting appropriate technologies. StackShare allows users, including developers, engineers, CTOs, and VPEs, to share their experiences with various tools, fostering a community where technology selections are informed by recommendations, reviews, and discussions. The platform covers a broad range of solutions, including application hosting, mobile services, analytics, DevOps, and business tools, thus supporting both startups and large enterprises in their technology choices. Formerly known as Leanstack, Inc., the company rebranded to StackShare, Inc. in March 2015.

Paysa

Seed Round in 2016
Paysa is a company that provides a personalized platform focused on compensation transparency, assisting employees in understanding their market value and achieving fair compensation in the labor market. Utilizing an AI-driven machine learning platform, Paysa offers comprehensive salary data and career opportunities, enabling users to compare internal job scales with local market rates. This insight allows employees to explore salaries across different companies, empowering them to make informed career decisions based on reliable market information.

Aporeto

Seed Round in 2015
Aporeto, Inc. is a developer of cloud-native security solutions focused on securing the deployment and operation of cloud-native applications. Founded in 2015 and headquartered in San Jose, California, the company specializes in providing enterprise security for agile distributed systems that utilize containers, microservices, and serverless architectures, as well as for legacy applications. Aporeto's platform offers identity-based access control designed to enforce a Zero Trust security posture across various infrastructures, including public, private, and hybrid clouds. One of its key offerings is the Aporeto Cloud Identity Framework, which provides a suite of identity-based security services that ensure consistent policy enforcement for both enterprise applications and managed services. Through its innovative solutions, Aporeto helps organizations protect their cloud applications from potential attacks by authenticating and authorizing all communications.

Next Force Technology

Seed Round in 2015
Next Force Technology, founded in 2015 and headquartered in San Francisco, California, is developing an on-demand service platform aimed at addressing the challenges of hourly labor staffing. The company focuses on creating a data-driven, people-centric solution that leverages a real-time mobile user interface to analyze significant amounts of data. This platform is designed to optimize workforce management by ensuring the right number of employees are available to meet demand, thereby enhancing operational efficiency for businesses. By targeting an untapped segment of the labor market, Next Force Technology aims to redefine the future of on-demand services.

Haystack News

Seed Round in 2015
Haystack News is a leading over-the-top (OTT) news service that specializes in delivering video news content from over 150 content partners, including major organizations like Bloomberg, AP, CBS, and various television stations across the United States. The company operates a streaming service that curates news videos using a combination of artificial intelligence and editorial curation, allowing users to access personalized media channels that encompass a wide range of local and global events. Haystack News is recognized for its high-quality service, consistently ranking as a top-rated news provider on popular connected TV platforms such as Apple TV, Roku, and Android TV. In 2017, Haystack TV received accolades from Google as the "Best TV Experience" during the Google Play Awards, highlighting its innovative approach to news consumption.

Cassette

Seed Round in 2015
Cassette is a technology company that specializes in recording, transcribing, and searching important conversations, such as user interviews, meetings, lectures, and video calls. Its platform is designed to enhance creativity in individuals and organizations by providing tools that integrate seamlessly with modern workflows, including applications like Slack and Gmail. This integration allows users to receive real-time feedback on their work, fostering innovative thinking and improving collaboration. By streamlining the process of capturing and analyzing discussions, Cassette aims to empower professionals to make the most of their insights and enhance their productivity.

Credibase

Seed Round in 2014
Credibase, Inc. is a company based in Mountain View, California, established in 2014. It operates an invite-only network designed for digital marketers, digital agencies, and service providers to facilitate business interactions and collaboration. The platform aims to provide users with valuable leads and insights, enhancing their ability to connect and grow within the digital marketing landscape. By focusing on a selective membership, Credibase fosters a community where professionals can share resources and opportunities, ultimately driving business success.

OpsClarity

Seed Round in 2014
OpsClarity, Inc. is a performance monitoring solution provider specializing in operational data services for data center and cloud environments. Founded in 2013 and headquartered in Sunnyvale, California, OpsClarity assists DevOps and engineering teams in visualizing, understanding, and troubleshooting complex, distributed applications and infrastructures. The company’s advanced monitoring platform offers end-to-end visibility into application infrastructure and data pipelines, particularly for streaming applications. By enabling the identification of performance bottlenecks within microservices-based architectures, OpsClarity helps enterprises minimize downtime, optimize application performance, and enhance the quality of service for end-users. The company operates as a subsidiary of Lightbend, Inc. and is staffed by professionals with experience from major technology firms such as Yahoo, eBay, Facebook, Twitter, and Google.

MediaSpike

Series A in 2013
MediaSpike, Inc. operates an online platform specializing in in-game product placement, primarily targeting social and mobile games. Founded in 2011 and based in Mountain View, California, the company serves as a monetization solution for both brands and game developers. Through its user-friendly dashboard, brands can search for suitable advertising placements based on specific criteria, while developers can integrate MediaSpike's SDKs to manage placements effectively. The process involves selecting available placements, uploading assets, and submitting them for developer approval. MediaSpike also provides analytics for live placements, enabling brands to track performance and engagement in real-time. The platform supports a range of applications, including virtual reality content, allowing for diverse advertising opportunities across popular games on iOS and Android platforms.

LearnUp

Seed Round in 2012
LearnUp, Inc. is a San Francisco-based company that offers an online platform focused on job-specific skills training and career development. Founded in 2011, it caters primarily to entry-level job seekers in the United States by providing access to resources that enable them to learn relevant job skills, receive career coaching, and schedule interviews automatically. The platform empowers users to select job positions of interest and equips them with the necessary training to enhance their employability. LearnUp aims to streamline the hiring process for employers while reducing turnover and fostering long-term business success by ensuring that candidates are well-prepared for the workforce.

Flutter

Seed Round in 2012
Flutter is a startup company that develops gesture recognition technologies. The company received early-stage funding from Y Combinator and was acquired by Google on October 2, 2013. Its first product, Flutter app, utilizes gesture recognition technology over a built-in webcam and enables users to control iTunes, Spotify, VLC, and QuickTime using hand gestures. Flutter was founded by Mehul Nariyawala and Navneet Dalal in 2010 and is based in California, United States.

Concept.io

Seed Round in 2012
Concept.io, founded by seasoned entrepreneurs, develops Swell Radio, a personalized audio news streaming app for iOS users. It curates content based on user preferences and habits, aiming to connect individuals with informative ideas efficiently, thereby enhancing productivity during downtime. The company is backed by prominent venture capital firms.

Appurify

Seed Round in 2012
Appurify is a company based in San Francisco that offers mobile test automation services on real devices, catering to mobile development teams at leading companies. Its platform facilitates the testing, debugging, and performance optimization of native, hybrid, and mobile web applications on iOS and Android devices, allowing developers to simulate real user conditions. By providing tools for actionable test outputs, scriptless testing, and framework tests, Appurify helps enhance app performance and accelerates launch cycles. This results in better applications and improved reviews in app stores. The company has received funding from prominent investors, including Google Ventures.

Vocalnet

Seed Round in 2012
Vocalnet is a provider of voice, data, and managed information technology services tailored for small and medium-sized businesses. The company specializes in transitioning business communication systems to the Cloud, effectively replacing outdated phone lines, on-premise hardware, and private branch exchange equipment. By utilizing Quality of Service (QoS) managed internet connections, Vocalnet enhances connectivity and communication efficiency for its clients.

Verbling

Seed Round in 2012
Verbling Inc., established in 2011 and headquartered in San Francisco, operates as an online learning platform specializing in language education. It connects learners worldwide with professional, vetted teachers via video chat, offering flexible, high-quality instruction. As of January 23, 2020, Verbling operates under Busuu Limited.

Firebase

Seed Round in 2011
Firebase is a mobile platform developed by Google that empowers developers to create applications for iOS, Android, and the web, facilitating user growth and engagement. Serving over one million developers, Firebase provides a comprehensive app development framework that includes features such as analytics, a real-time database, user authentication, crash reporting, and push notifications. This versatile platform allows developers to mix and match tools to suit their specific needs, while also enabling the creation of real-time, collaborative applications. Firebase is designed to be scalable, secure, and can be implemented using client-side code, making it a valuable resource for developers aiming to build effective applications and expand their businesses.
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