Vincent Diallo

Founder and Managing Partner

Ruchika Julapalli

Venture Partner

Joseph Sartre

Co-Founder and Managing Partner

22 past transactions

Bounty

Seed Round in 2022
Bounty is a web application designed for TikTok creators to monetize their brand reviews and recommendations. The platform allows users to earn cashback based on views and interactions, enabling advertisers to gather user-generated content.

Promoted.ai

Seed Round in 2022
Promoted unifies organic search, promotions, and ads in one optimized system for marketplaces. They sort your marketplace search and promote the best listings at the top to increase revenue.

Flyp

Series A in 2022
Flyp raised a $15 Million to put an end to the problem of landfill waste by using AI to resell it through millions of online sellers. But, why? Because the government won’t fix it, and big corporations won’t fix it, and $1 donations at checkout won’t fix it. So we chose to arm the people to fix it. We’re doing it by empowering millions of everyday people, stay at home moms, college students, and small entrepreneurs, to fix it. We are providing them with the technology and capital needed to save more than $200 Billion worth of used goods from being thrown into landfills every year and flipping this waste into profit. Turning it into cash, creating jobs, and flourishing an economy of people-owned sustainable businesses. The technology we’re building at Flyp: Flyp developed two core products aimed at empowering an army of stay at home resellers to effectively resell and monetize millions of items that would have ended up in landfill otherwise: 1) AI driven platform to monetize used clothes: Flyp developed the first and only platform that allows individual consumers and businesses to offload their pre owned items to online resellers who will sell it for them on marketplace like eBay, Poshmark, Facebook and others for a commission. Think of Thredup or TheRealReal, but instead of a centralized company doing the selling, it’s done by a network of thousands of small, stay-at-home online resellers. The key to this platform is Flyp’s AI-enabled matching technology which uses Pro Seller’s historical sales data to algorithmically match inventory with the Pro Seller who is the best fit to resell it. This unprecedented matchmaking has already succeeded in moving over 160 metric tons worth millions of dollars that would have ended in landfills, and is growing quickly at a 400% annual growth rate. 2) Automation platform to give small sellers the power of big retailers: In order to process millions of items successfully, Flyp had to invest in empowering the network of individual resellers by bringing to them the workflow automation capabilities that had only been available to big e-commerce players at exorbitant prices. This is why Flyp developed a fully free automation suite that saves resellers 90% of the time they used to put into inventory management and sales management across channels. This suite of tools has succeeded in becoming the new operating system for resellers, so much so that 85% of its users are daily active users making thousands of sales a day on auto-pilot. The impact of Flyp: Flyp’s impact is not a virtue signaling side effect, Flyp’s impact is fully visible and tangible in every transaction that occurs on the platform: 1) Environmental impact: With the fashion industry’s landfill waste contributing to more than 10% of global carbon emissions, being able to save millions of items from ending up in landfills and recirculating them in the market is Flyp’s core business model and impact lever at the same time. 2) Social and economic impact: While most are used to environmentally friendly alternatives being more costly than the polluting ones, Flyp has actually always held the belief that “sustainability can pay back in cash”. And on our mission to save the environment, we are creating and supporting hundreds of thousands of jobs for small stay-at-home entrepreneurs around the country, enabling them to generate millions of dollars in income and allowing them to sustain themselves and their families and creating a massive amount of new jobs in sustainability. We are also providing millions of shoppers with affordable items at a massive discount from retail, and allowing them to participate in the circular economy and reducing their own carbon footprint all while making very tangible economic savings. Flyp’s vision for the future and why it matters: At Flyp, we believe that one of the biggest hidden problems we face as a consumerist society is the immense waste generated from our purchases. This enormous waste is not only catastrophic to the environment, but it also represents a completely wasted economic value that is robbing consumers and businesses alike from recuperating sizable portions of the cost of the goods they had already paid for, simply due to a failure in logistics. The future we’re already creating at Flyp is one where all this massive waste, is turned into prosperous jobs for hundreds of thousands of small stay-at-home entrepreneurs, who in the process of reselling what would otherwise have gone to landfills, will create a massive circular economic cycle benefiting consumers, businesses and the environment.

Rabot

Pre Seed Round in 2022
Rabot offers an AI platform for companies to achieve visibility and insights for packing operations and operation workflow automation.

Darkstore

Series A in 2021
Darkstore's mission is to make all of the world’s products accessible all over the world. It has created a micro-fulfillment center network consisting of over 800 micro-fulfillment centers leveraging excess capacity in its partners locations and enables the largest last mile delivery network in the US for its customers to leverage and offer 1-hour delivery directly on their website. Darkstore's customers are Nike, Adidas, Disney, Asurion and 600 other merchants it has enabled through its FastAF app. Darkstore has raised $45m+ in venture capital to date from PivotNorth Capital, EQT Ventures, Village Global, R/GA Ventures, Jay & Phil McGraw "Dr. Phil", Gary Fritz, President of Expedia, Gokul Rajaram, Lead at DoorDash, Scott Belsky, Founder of Behance, Bob Greenberg, Founder of R/GA, James Tamplin, Founder of Firebase and Chris Varelas, NextDoor Board Member and Founder of Riverwood Capital.

Promoted.ai

Seed Round in 2021
Promoted unifies organic search, promotions, and ads in one optimized system for marketplaces. They sort your marketplace search and promote the best listings at the top to increase revenue.

Salted

Venture Round in 2021
Salted is a platform for developing and scaling better-for-you, QSR brands. The company's platform provides subscription-based virtual cooking classes in which subscribers can access cooking video tutorials via the Internet.

Singuli

Venture Round in 2021
Singuli is an optimization platform for modern retail for retailers who are hindered in managing merchandise-planning with spreadsheets, reports, and legacy tools. This SaaS platform uses real-time data-sets and advanced machine learning to provide demand forecasting and inventory optimization tools that yield dramatic improvements in margins and working capital utilization.

Flyp

Seed Round in 2021
Flyp raised a $15 Million to put an end to the problem of landfill waste by using AI to resell it through millions of online sellers. But, why? Because the government won’t fix it, and big corporations won’t fix it, and $1 donations at checkout won’t fix it. So we chose to arm the people to fix it. We’re doing it by empowering millions of everyday people, stay at home moms, college students, and small entrepreneurs, to fix it. We are providing them with the technology and capital needed to save more than $200 Billion worth of used goods from being thrown into landfills every year and flipping this waste into profit. Turning it into cash, creating jobs, and flourishing an economy of people-owned sustainable businesses. The technology we’re building at Flyp: Flyp developed two core products aimed at empowering an army of stay at home resellers to effectively resell and monetize millions of items that would have ended up in landfill otherwise: 1) AI driven platform to monetize used clothes: Flyp developed the first and only platform that allows individual consumers and businesses to offload their pre owned items to online resellers who will sell it for them on marketplace like eBay, Poshmark, Facebook and others for a commission. Think of Thredup or TheRealReal, but instead of a centralized company doing the selling, it’s done by a network of thousands of small, stay-at-home online resellers. The key to this platform is Flyp’s AI-enabled matching technology which uses Pro Seller’s historical sales data to algorithmically match inventory with the Pro Seller who is the best fit to resell it. This unprecedented matchmaking has already succeeded in moving over 160 metric tons worth millions of dollars that would have ended in landfills, and is growing quickly at a 400% annual growth rate. 2) Automation platform to give small sellers the power of big retailers: In order to process millions of items successfully, Flyp had to invest in empowering the network of individual resellers by bringing to them the workflow automation capabilities that had only been available to big e-commerce players at exorbitant prices. This is why Flyp developed a fully free automation suite that saves resellers 90% of the time they used to put into inventory management and sales management across channels. This suite of tools has succeeded in becoming the new operating system for resellers, so much so that 85% of its users are daily active users making thousands of sales a day on auto-pilot. The impact of Flyp: Flyp’s impact is not a virtue signaling side effect, Flyp’s impact is fully visible and tangible in every transaction that occurs on the platform: 1) Environmental impact: With the fashion industry’s landfill waste contributing to more than 10% of global carbon emissions, being able to save millions of items from ending up in landfills and recirculating them in the market is Flyp’s core business model and impact lever at the same time. 2) Social and economic impact: While most are used to environmentally friendly alternatives being more costly than the polluting ones, Flyp has actually always held the belief that “sustainability can pay back in cash”. And on our mission to save the environment, we are creating and supporting hundreds of thousands of jobs for small stay-at-home entrepreneurs around the country, enabling them to generate millions of dollars in income and allowing them to sustain themselves and their families and creating a massive amount of new jobs in sustainability. We are also providing millions of shoppers with affordable items at a massive discount from retail, and allowing them to participate in the circular economy and reducing their own carbon footprint all while making very tangible economic savings. Flyp’s vision for the future and why it matters: At Flyp, we believe that one of the biggest hidden problems we face as a consumerist society is the immense waste generated from our purchases. This enormous waste is not only catastrophic to the environment, but it also represents a completely wasted economic value that is robbing consumers and businesses alike from recuperating sizable portions of the cost of the goods they had already paid for, simply due to a failure in logistics. The future we’re already creating at Flyp is one where all this massive waste, is turned into prosperous jobs for hundreds of thousands of small stay-at-home entrepreneurs, who in the process of reselling what would otherwise have gone to landfills, will create a massive circular economic cycle benefiting consumers, businesses and the environment.

treet

Seed Round in 2021
Treet launched their own completely branded peer-to-peer resale platform to assist fashion firms in becoming more circular and in controlling the secondary market for the products they make. In order to buy and sell used goods from one another, customers of Treet Marketplaces use a secondary website that accepts payments in the form of cash or brand credit. While brands split the profits, Treet takes care of all the logistics and support. Treet was established in 2021 by Jake Disraeli and Sonia Yang in San Francisco, California.

Queenly

Seed Round in 2021
Queenly is the dedicated marketplace and search engine for the formalwear industry. Queenly was one of the top companies that came out from the Y Combinator Winter 2021 batch, according to TechCrunch, and recently raised a Seed round led by Andreessen Horowitz (a16z.com). They have now captured the largest formal dress inventory in the US by surpassing that of Macy’s, Rent the Runway & Nordstrom, since launching less than 2 years ago. Queenly is tackling the highly underserved prom, pageant, quinceañera, and wedding industry (and more!). They cater to this massive community of dress enthusiasts for this high-priced & low-usage inventory, similar to how GOAT and StockX have built a platform for the sneaker and streetwear community. The company was founded in 2019 and is based in San Francisco, California.

Alloy Automation

Seed Round in 2021
Alloy Automation is a platform for building and managing SaaS integrations. It’s used by Amazon, Gorgias, Postscript, & others to launch user-facing integrations more quickly than they could in-house. Leveraging Alloy’s development platform, customers can easily spin up ERP, Commerce, CRM, and various other integrations. Founded in 2019, Alloy is backed by $27M from a16z, Bain Capital Ventures, Y Combinator, and others.

Shipped

Seed Round in 2021
Shipped is the first fully branded universal order center - a one-stop 360 customer experience enabling instant resolution of any order issue, all in one place.

Olive

Series A in 2020
At Olive we are on a mission to eliminate the hassles of online shopping while simultaneously creating a marketplace that is built for a more sustainable future. Reimagining online shopping from the ground up, we are building a technology platform to power the most convenient and sustainable e-commerce experience. When you shop at hundreds of our retail partners, you receive consolidated cardboard-free deliveries in secure 2-way Olive Shippers with crazy simple returns – just request a pickup with a single click in the Olive app, drop in any returns, and we handle the rest.

Ravacan

Pre Seed Round in 2020
Ravacan is a Purchasing & Procurement software for commodity & supply managers, with a central place to analyze costs and manage suppliers.

Promoted.ai

Pre Seed Round in 2020
Promoted unifies organic search, promotions, and ads in one optimized system for marketplaces. They sort your marketplace search and promote the best listings at the top to increase revenue.

Singuli

Pre Seed Round in 2020
Singuli is an optimization platform for modern retail for retailers who are hindered in managing merchandise-planning with spreadsheets, reports, and legacy tools. This SaaS platform uses real-time data-sets and advanced machine learning to provide demand forecasting and inventory optimization tools that yield dramatic improvements in margins and working capital utilization.

Commerce.js

Pre Seed Round in 2020
Commerce.js is a developer of a modular eCommerce platform for developers and designers to help them make custom eCommerce development simpler and faster. It helps technology to provide services like custom experiences, headless architecture, and eCommerce software integration.

OTO Systems

Seed Round in 2019
OTO Systems develops a next-generation language processing voice technology to unlock valuable data from voice interactions. OTO Systems is an SRI International spin-off venture building the next generation in speech tech by merging the modalities of words + intonation for a much deeper understanding of conversations. OTO Systems' platform uses AI to coach call center representatives in real-time during each call, allowing businesses to deliver a hyper-personalized customer experience at scale.

b8ta

Series C in 2019
B8ta is a software-powered retailer designed to make physical retail accessible for all. It is a new kind of retail store designed to improve the customer and maker experience. b8ta helps people discover, try, and learn about new tech and innovative products while empowering makers with a simple retail-as-a-service model that puts them in control. When makers have easy, direct access to physical retail, customers will, in turn, have unbiased access to what the world is creating. The company brings makers closer to customers in real life, allowing everyone to discover, try, and learn about new products first hand. It was founded in 2015 and is headquartered in San Francisco, California.

SelfMade

Series A in 2019
SelfMade is a venture backed start-up located in downtown Manhattan. They work at the intersection of technology and digital art, empowering individuals and brands to grow their business through social media. Their members' only app uses AI and proprietary technology to connect members with professional image editors and social strategists -- allowing them to build a powerful brand at an affordable price. SelfMade is democratizing an experience once reserved for celebrities and brands.

Algopix

Seed Round in 2019
Based in Palo Alto and Tel Aviv, Algopix is an early stage startup backed up by top-tier investors with offices in Palo Alto, California, and Tel Aviv, Israel. Algopix is the only place to understand market share, pricing, and promotions of your competitors and category using real-time digital point of sale data. As an end-to-end product market analysis platform for the multi-trillion dollar eCommerce industry, Algopix was created to provide Brands, CPGs, and Marketplaces the data they need to make educated decisions. The founders have extensive experience in eCommerce having previously owned a successful eCommerce marketing agency (acquired in 2016). After spending time working hand-in-hand with brands and marketplaces to optimize their online sales, they realized there was a better, technology-driven solution of product market analysis through smart, data-driven technology. Algopix utilizes proprietary algorithms to aggregate critical data points from global online marketplaces around the world and is working with the largest companies to provide price and demand level data, as well as marketing and sourcing actionable insights.
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