Magenta Venture Partners

Monogoto is a provider of a cloud-based cellular network that facilitates global cellular connectivity and secure private LTE networks. Its API-driven Infrastructure-as-a-Service is designed to integrate seamlessly with existing enterprise IT systems, offering hundreds of ready-to-use APIs for various applications, including IoT, Private LTE, and 5G. Monogoto's services feature full auditing of network events, anomaly detection, and automated alerts, allowing businesses to monitor their connectivity effectively. The solution operates on an "as-a-Service" model, enabling customers to access advanced cellular value-added services without upfront capital expenditures. Monogoto's network provides public connectivity in 180 countries and supports compliance with regulations through an on-premise local breakout topology for private LTE and 5G networks, ensuring users can maintain optimal and continuous connectivity.

Sensos digitizes supply chains providing real time end-to-end global visibility.

Onebeat is a developer of AI-driven retail technology that focuses on optimizing inventory management and sales execution. The company's software provides real-time insights into customer behavior, allowing retailers to adjust their strategies daily based on market trends and demand fluctuations. By synchronizing store management and online sales, Onebeat enables retailers to effectively manage product inventory and tailor the variety of products offered at each sales point. This approach helps businesses react swiftly to customer preferences and adapt to ever-changing market dynamics, ultimately enhancing sell-through rates and overall sales performance.

Flexspace provides companies with an easy-to-use platform that empowers their employees to discover, book, and manage on-demand workspaces with no commitment or upfront cost. Flexspace does that by providing the critical services to flexible workspace providers to fractionalize and price their unused inventory in real-time.

Workiz Inc. develops field service scheduling software tailored for small to medium-sized on-demand businesses across various industries, including HVAC, plumbing, and electrical services. Founded in 2014 and headquartered in San Diego, California, the company provides an all-in-one platform that replaces outdated management methods such as pen and paper or spreadsheets. Its software encompasses a range of features, including job scheduling, service dispatch, online payments, invoicing, and client management, allowing businesses to streamline operations and enhance growth. Workiz serves a diverse clientele, including sectors like appliance repair, landscaping, and pest control, and has reported that clients experience an average revenue increase of 22% after implementing its platform. The company has gained recognition as a partner of both Facebook Playground and Google for Startups Accelerator, further establishing its presence in the North American field service market.

Veego is an Israeli startup focused on enhancing the performance and reliability of Internet of Things (IoT) devices through advanced software solutions. The company specializes in using artificial intelligence and machine learning to proactively detect and analyze malfunctions in remote devices and gateways. By delivering real-time insights from home networking equipment, Veego's platform allows service providers, device vendors, and data consumers to monitor the performance of connected devices and improve customer experience. Their software autonomously resolves issues before they affect users, thereby reducing support costs and enhancing user satisfaction. Veego's solutions generate significant amounts of data, offering valuable insights into user behavior, internet usage, and market trends, positioning the company as a leader in the field of IoT performance management.

Workiz Inc. develops field service scheduling software tailored for small to medium-sized on-demand businesses across various industries, including HVAC, plumbing, and electrical services. Founded in 2014 and headquartered in San Diego, California, the company provides an all-in-one platform that replaces outdated management methods such as pen and paper or spreadsheets. Its software encompasses a range of features, including job scheduling, service dispatch, online payments, invoicing, and client management, allowing businesses to streamline operations and enhance growth. Workiz serves a diverse clientele, including sectors like appliance repair, landscaping, and pest control, and has reported that clients experience an average revenue increase of 22% after implementing its platform. The company has gained recognition as a partner of both Facebook Playground and Google for Startups Accelerator, further establishing its presence in the North American field service market.

Hip offers a better way for commuters to get to work in the city and back home to the suburbs, daily. The company designs, develops, markets, and operates a mobile application that allows commuters to book tickets for Hip buses. Hip has built an intuitive, easy-to-use application that offers users real-time bus tracking, accurate ETAs and the ability to reserve a seat on the bus so they're never left standing. Hip's algorithm-backed optimized routes and tailored pickup and drop off spots ensure the commute is as convenient and quick as possible. Hip's service is focused on regular commuters that commute twice a day, every day of the year. Hip was founded in January 2018 by Amiad Solomon and Itay Ovits.

Workiz Inc. develops field service scheduling software tailored for small to medium-sized on-demand businesses across various industries, including HVAC, plumbing, and electrical services. Founded in 2014 and headquartered in San Diego, California, the company provides an all-in-one platform that replaces outdated management methods such as pen and paper or spreadsheets. Its software encompasses a range of features, including job scheduling, service dispatch, online payments, invoicing, and client management, allowing businesses to streamline operations and enhance growth. Workiz serves a diverse clientele, including sectors like appliance repair, landscaping, and pest control, and has reported that clients experience an average revenue increase of 22% after implementing its platform. The company has gained recognition as a partner of both Facebook Playground and Google for Startups Accelerator, further establishing its presence in the North American field service market.

Become, Inc. operates an artificial intelligence-powered marketplace that connects small and medium-sized businesses (SMBs) with tailored funding solutions. Founded in 2016 and based in San Mateo, California, the company offers a range of financial products, including unsecured business loans, lines of credit, merchant cash advances, equipment financing, and invoice factoring. Become's unique platform utilizes advanced algorithms to provide customized loan offers, facilitating over $316 million in SMB loans through partnerships with more than 50 leading lenders and fintech firms. Additionally, the company provides the BeProfit dashboard, a financial optimization tool for online businesses, particularly beneficial for Shopify merchants. This dashboard helps users track and analyze critical business metrics to enhance profitability and support growth. With a rapidly expanding user base of over 236,000 registered business owners, Become is positioned as a significant player in the financial technology landscape.

Bright Way Vision specializes in developing advanced vision systems for the automotive industry, focusing on enhancing safety and operational continuity. Their flagship product, VISDOM, is an all-weather camera system that utilizes proprietary GatedVision technology to provide clear, continuous images regardless of environmental conditions. This multi-functional system supports both advanced driver assistance and autonomous driving capabilities, significantly reducing the risk of accidents by improving drivers' situational awareness during adverse weather or low-light scenarios. By addressing the limitations of traditional vision systems, Bright Way Vision aims to ensure safer driving experiences for all road users.

Onebeat is a developer of AI-driven retail technology that focuses on optimizing inventory management and sales execution. The company's software provides real-time insights into customer behavior, allowing retailers to adjust their strategies daily based on market trends and demand fluctuations. By synchronizing store management and online sales, Onebeat enables retailers to effectively manage product inventory and tailor the variety of products offered at each sales point. This approach helps businesses react swiftly to customer preferences and adapt to ever-changing market dynamics, ultimately enhancing sell-through rates and overall sales performance.