Necessary Ventures, LLC is a venture capital firm based in San Francisco, California, founded in 2020. The firm specializes in providing growth capital to early-stage companies across various sectors, including healthcare, climate, education, fintech, food, and agriculture. Necessary Ventures aims to invest in businesses that address critical global needs, partnering closely with founders to develop scalable solutions. The firm predominantly focuses on pre-seed investments but also participates as a non-lead investor across seed to pre-IPO stages.
Brellium is a company that specializes in AI-powered clinical note auditing, designed to enhance the efficiency and accuracy of medical chart reviews. By automating the auditing process, Brellium's platform evaluates clinical notes against established clinical and billing standards, identifying discrepancies and suggesting necessary corrections. This approach allows healthcare providers, including hospitals and clinics, to quickly process thousands of charts, significantly reducing the time and resources typically required for manual reviews. Ultimately, Brellium's technology aims to deliver substantial cost savings for its clients while improving the overall quality of clinical documentation.
Infinite Machine
Seed Round in 2024
Infinite Machine is to create the world's most captivating non-auto vehicles. Infinite Machine initial product, the P1, is a revolutionary new personal electric vehicle that combines innovative performance and usefulness with an industrial-style look. In Infinite Machine's ideal post-car future, environment and people coexist together.
Nevoya
Seed Round in 2024
Nevoya's focus on zero-emission freight transport is a significant step toward sustainability in the logistics industry. Nevoya is an electric truckload carriers can help reduce the carbon footprint of shipping while also potentially lowering operational costs in the long run.
Unlearn.AI
Series C in 2024
Unlearn.AI, Inc. is a biotechnology company that specializes in developing software tools for clinical research, focusing on improving diagnosis and treatment processes. Based in San Francisco, the company offers solutions such as Clinical Trial Design, which helps define inclusion criteria, endpoints, and study sizes; Synthetic Control Arms, which reduce or eliminate the necessity for concurrent control groups; and Subgroup Analysis, which identifies specific patient subgroups within trial results. Unlearn.AI has pioneered the TwinRCT solution, a digital twin service that leverages machine learning to enhance the efficiency and success rates of clinical trials. This innovative approach creates a prognostic digital twin for each patient, allowing for more precise estimations of treatment effects based on historical data. By integrating machine learning and biostatistics, Unlearn.AI aims to accelerate the clinical trial process, benefiting both patients and pharmaceutical sponsors.
Readout AI
Pre Seed Round in 2023
Readout AI specializes in developing artificial intelligence tools that facilitate the automatic analysis of preclinical and clinical trial data. Its platform offers capabilities to summarize and extract insights from such data, significantly aiding biostatisticians and medical writers. By streamlining the data analysis process, Readout AI enables faster and more accurate therapy results while also reducing associated costs, thereby enhancing the efficiency of research and development in the biopharmaceutical sector.
Magrathea
Seed Round in 2023
Magrathea is a metal production company focused on creating carbon-neutral magnesium metal through an innovative process that eliminates the need for traditional mining. By utilizing brine for magnesium production, Magrathea aims to minimize the environmental and social impacts typically associated with structural metal manufacturing. Magnesium, known for being the lightest structural metal, plays a crucial role in reducing the carbon footprint of the automotive and construction industries. Additionally, at the end of its life cycle, magnesium sequesters carbon in the sea, contributing to a truly sustainable supply chain. Magrathea's commitment to electrification and decarbonization aligns with the growing demand for environmentally responsible materials in various sectors.
Rubi Laboratories
Seed Round in 2023
Rubi Laboratories is a California-based company that specializes in the development of technology to manufacture carbon-negative textiles. The firm utilizes innovative sustainable solutions to convert carbon emissions into natural fibers, resulting in biodegradable textiles. Its technology directly synthesizes threads, providing a natural resource for the production of viscose that is carbon-negative, as well as being water-chemical, land-neutral, traceable, and environmentally friendly. Rubi Laboratories aims to address the environmental impact of textile manufacturing by offering a more sustainable alternative in the industry.
Mooch
Seed Round in 2022
Mooch is a consumer application that utilizes artificial intelligence to automate personal finance management, particularly on payday. The app aims to transform users' relationship with their finances by offering features that facilitate budgeting, shopping, and saving. It enables users to take control of their budgeting and savings by automating the management of bills and savings goals. Additionally, Mooch provides incentives through a rewards system for users who save money. The platform also includes free financial resources and guides to help customers improve their financial literacy and achieve their financial objectives effectively.
Zócalo Health
Seed Round in 2022
Zócalo Health is a family medicine service that provides bilingual and culturally relevant health care, resources, and education. They offer prevention, primary care, behavioural health, and traditional practices. It offers convenient, transparent, and culturally-aligned care to its members.
Forage
Series A in 2022
Forage is a payments company that enables merchants to accept EBT SNAP payments through a unified API, enhancing access to essential goods for customers utilizing government assistance programs. The company focuses on simplifying the integration of EBT payments in both online and in-person environments, allowing businesses to reach a wider customer base. This approach supports food security initiatives and fosters inclusivity in commerce. Forage also provides ongoing support and resources to assist merchants in effectively utilizing their payment solutions while navigating the regulatory landscape surrounding EBT transactions. By streamlining payment processing, Forage aims to improve the efficiency of government subsidies and promote equitable digital access for communities.
Relief
Series A in 2022
Relief is a mobile app that delivers on debt-elimination commitment. They aim to become the company that people come to for help getting back in the black. By developing products and services that are simple, effective, and easy to use, they will make financial relief accessible to those who need it.
Rubi Laboratories
Seed Round in 2022
Rubi Laboratories is a California-based company that specializes in the development of technology to manufacture carbon-negative textiles. The firm utilizes innovative sustainable solutions to convert carbon emissions into natural fibers, resulting in biodegradable textiles. Its technology directly synthesizes threads, providing a natural resource for the production of viscose that is carbon-negative, as well as being water-chemical, land-neutral, traceable, and environmentally friendly. Rubi Laboratories aims to address the environmental impact of textile manufacturing by offering a more sustainable alternative in the industry.
Wayve
Series B in 2022
Wayve is a company focused on developing a fully autonomous driving system for vehicles, utilizing end-to-end deep learning technology. This approach enables the creation of artificial intelligence capable of navigating complex driving scenarios across various urban environments. The company operates a fleet of electric vehicles equipped for autonomous operation, which facilitates technology development and real-world testing. Headquartered in London, Wayve aims to provide a scalable solution for autonomous driving that can adapt quickly and safely to new driving conditions globally.
Career Karma
Series B in 2022
Career Karma, Inc. is a company that provides an application designed to help individuals discover coding courses and bootcamps. The platform enables users to browse a wide range of programs in areas such as web development, software engineering, data science, cybersecurity, and more. By offering free coaching and peer mentorship, Career Karma supports over 150,000 members in navigating their career transitions. The application features a directory of approximately 9,000 bootcamps and trade schools, allowing users to compare courses and read student reviews to find the best fit for their needs. Additionally, the mobile app facilitates connections with current students and alumni, further assisting users in preparing for admission and achieving their career goals. Founded in 2018 and based in San Francisco, California, Career Karma aims to empower individuals from diverse backgrounds to enhance their skills and advance their careers in technology.
Kurios
Pre Seed Round in 2021
Kurios is a Y Combinator-backed company that specializes in delivering cohort-based online courses focused on digital business skills for professionals and companies in Latin America. The company offers training programs in areas such as Product Management, Growth, and Digital Management, instructed by experts from leading global tech firms. Kurios serves major enterprises in the region, including Walmart Mexico, Femsa, Coppel, Bancolombia, BCP, and Alicorp. By providing flexible and interactive training, Kurios aims to equip clients with the necessary skills to thrive in the digital landscape and achieve significant business outcomes.
AllVoices
Series A in 2021
AllVoices Holding Co. is a company that develops an anonymous reporting platform aimed at facilitating the safe reporting of harassment, bias, and cultural issues within organizations. Founded in 2017 and based in Santa Monica, California, AllVoices provides a tool that allows employees to report incidents confidentially, ensuring their anonymity. The platform aggregates data from these reports, enabling company leadership to gain insights into the extent of workplace issues. Additionally, it offers features such as audit-ready documentation and early trend detection, which assist human resources teams in managing incidents more effectively and efficiently. By leveraging real-time data, AllVoices helps organizations identify and address problems before they escalate, ultimately fostering a healthier workplace culture and ensuring that employees feel heard and supported.
Taro Health
Seed Round in 2021
Taro Health is a health insurance company that aims to provide affordable, relationship-based healthcare services to Americans. The company focuses on enhancing the interactions between doctors and patients, striving to reduce barriers in communication and care. By investing in initiatives that foster meaningful connections between healthcare providers and patients, Taro Health enables individuals to receive personalized and holistic treatments tailored to their specific healthcare needs.
Advekit
Seed Round in 2021
Advekit, LLC operates an online platform designed to facilitate the connection between patients and mental health professionals. Established in 2017 and based in Venice, California, the platform utilizes users' zip codes, preferences, and insurance details to match them with suitable therapists. By streamlining the search process, Advekit enhances access to quality mental health treatment and allows individuals to better leverage their insurance benefits. Additionally, the platform offers a sliding-scale fee structure, accommodating users based on their financial capabilities. This approach empowers patients by simplifying the often complex journey of finding appropriate mental health support tailored to their needs.
Yummy
Seed Round in 2021
Yummy Inc. is a food delivery service that operates a mobile application, allowing users to conveniently order and pay for food through their platform. Founded in 2020 by Vicente Zavarce, the company is headquartered in San Francisco, California, with an additional office in Caracas, Venezuela. Yummy serves customers across Latin America, offering various payment options, including foreign credit cards and cash, to facilitate easy access to food delivery at the desired locations.
Spero Foods
Series A in 2021
Spero Foods, Inc. specializes in producing and selling alternative dairy products, primarily focusing on cream cheese. Founded in 2016 and based in Oakland, California, the company employs innovative food science and process engineering to create mainstream plant-based dairy alternatives. Spero Foods aims to provide healthier food options for everyone and has received recognition as one of Fast Company's Most Innovative Companies and NEXTY's Best Dairy/Meat Alternative. Its products are available nationally through various channels, including wholesalers, stores, and online platforms, reaching over 3,500 retail locations such as Kroger, Whole Foods, Publix, and Sprouts.
Arc Boats
Seed Round in 2021
Arc Boats is an electric boat manufacturer offering a seamlessly connected boating experience. The boats use aerospace-inspired engineering and are designed with custom battery packs for stability, range, and speed.
WorkEQ
Pre Seed Round in 2020
WorkEQ is a business development and employment agency that focuses on enhancing workplace dynamics through flexible and productive work-life balance solutions. The company has developed a platform for contact tracing and health monitoring, designed to protect individuals from infectious diseases. This platform enables organizations to quickly access data on symptom onset and identify potentially exposed employees, facilitating timely responses to prevent viral outbreaks. By prioritizing health and safety, WorkEQ aims to improve employee engagement and productivity while fostering a more flexible and inclusive work environment.
Modern Health
Series C in 2020
Modern Health is a mental wellness platform designed for innovative companies to support the mental health of their employees. The platform offers a comprehensive suite of services including therapy sessions, coaching, and self-guided courses, all accessible through a user-friendly app. Modern Health combines the WHO well-being assessment with self-service wellness kits and connects users with certified coaches and licensed therapists in 35 languages. By providing these resources, Modern Health aims to destigmatize mental health conversations and make services more accessible, ultimately improving employee well-being and productivity.
Decent
Series A in 2020
Decent Inc. is a company that specializes in providing health and medical insurance plans tailored for self-employed professionals. Founded in 2018 and based in Mill Valley, California, Decent offers plans such as the Trailblazer Plan, which is designed to meet the comprehensive health needs of freelance workers. The company focuses on delivering more affordable healthcare by aligning incentives that promote better health outcomes, reduce overall costs, and prioritize the needs of its members in the healthcare process.
Wayve
Series A in 2020
Wayve is a company focused on developing a fully autonomous driving system for vehicles, utilizing end-to-end deep learning technology. This approach enables the creation of artificial intelligence capable of navigating complex driving scenarios across various urban environments. The company operates a fleet of electric vehicles equipped for autonomous operation, which facilitates technology development and real-world testing. Headquartered in London, Wayve aims to provide a scalable solution for autonomous driving that can adapt quickly and safely to new driving conditions globally.
EnsoData
Series A in 2020
EnsoData is a healthcare technology startup that leverages artificial intelligence to enhance the diagnosis and treatment of sleep disorders. Its software employs advanced machine learning algorithms to analyze sleep data, enabling clinicians to efficiently score and diagnose conditions such as sleep apnea. By integrating best practices in scoring with innovative algorithms, EnsoData's platform automates the interpretation of complex sleep study data, significantly reducing review times for neurology labs. This efficiency not only streamlines the scoring process but also enhances patient outcomes and increases revenue for healthcare providers.
Particle Health
Series A in 2020
Particle Health Inc. is a healthcare technology company based in Manhattan, New York, that specializes in data exchange solutions aimed at improving patient care and research. Founded in 2017, the company has developed an API platform that enables patients and consumers to share their medical information seamlessly. This platform integrates disparate health records from various providers into a single, standardized health record, facilitating valuable insights for healthcare stakeholders. Additionally, Particle Health offers a Smart Consent tool, which helps track and manage patient information for purposes such as clinical trials and life insurance underwriting. The company's solutions are designed to be HIPAA compliant, serving a range of clients in telemedicine, pharmacy, and virtual health sectors.
Unlearn.AI
Series A in 2020
Unlearn.AI, Inc. is a biotechnology company that specializes in developing software tools for clinical research, focusing on improving diagnosis and treatment processes. Based in San Francisco, the company offers solutions such as Clinical Trial Design, which helps define inclusion criteria, endpoints, and study sizes; Synthetic Control Arms, which reduce or eliminate the necessity for concurrent control groups; and Subgroup Analysis, which identifies specific patient subgroups within trial results. Unlearn.AI has pioneered the TwinRCT solution, a digital twin service that leverages machine learning to enhance the efficiency and success rates of clinical trials. This innovative approach creates a prognostic digital twin for each patient, allowing for more precise estimations of treatment effects based on historical data. By integrating machine learning and biostatistics, Unlearn.AI aims to accelerate the clinical trial process, benefiting both patients and pharmaceutical sponsors.
AllVoices
Seed Round in 2020
AllVoices Holding Co. is a company that develops an anonymous reporting platform aimed at facilitating the safe reporting of harassment, bias, and cultural issues within organizations. Founded in 2017 and based in Santa Monica, California, AllVoices provides a tool that allows employees to report incidents confidentially, ensuring their anonymity. The platform aggregates data from these reports, enabling company leadership to gain insights into the extent of workplace issues. Additionally, it offers features such as audit-ready documentation and early trend detection, which assist human resources teams in managing incidents more effectively and efficiently. By leveraging real-time data, AllVoices helps organizations identify and address problems before they escalate, ultimately fostering a healthier workplace culture and ensuring that employees feel heard and supported.
Tempest
Series A in 2019
Tempest, Inc. operates an online recovery school that provides a digital program for individuals seeking to quit alcohol and improve their lives. Founded in 2014 and based in New York, the company offers an eight-week virtual course, email courses, and various counseling workshops aimed at addressing alcohol addiction and related mental health challenges. The program emphasizes the significance of purpose, meaning, and creativity in fostering a sober lifestyle. Tempest was previously known as Hip Sobriety, Inc. and rebranded in May 2019. By leveraging its digital platform, Tempest equips participants with the necessary tools and support to navigate their recovery journey and cultivate a healthier, more fulfilling life.
Wayve
Series A in 2019
Wayve is a company focused on developing a fully autonomous driving system for vehicles, utilizing end-to-end deep learning technology. This approach enables the creation of artificial intelligence capable of navigating complex driving scenarios across various urban environments. The company operates a fleet of electric vehicles equipped for autonomous operation, which facilitates technology development and real-world testing. Headquartered in London, Wayve aims to provide a scalable solution for autonomous driving that can adapt quickly and safely to new driving conditions globally.
Kudi
Series A in 2019
KUDI is a financial service provider focused on providing access to electronic banking and financial services by leveraging conversational interfaces, natural language processing and artificial intelligence to provider faster access, frictionless experience, and ultimately boost financial inclusion in emerging markets. KUDI is enabling secured financial transactions via Facebook, Telegram, Slack and Skype. KUDI's focus is the African market with a primary focus on the Nigerian Payment ecosystem and the company does this in partnership with e-payment regulators, a leading commercial bank, and an international payment processor.
Unlearn.AI
Seed Round in 2019
Unlearn.AI, Inc. is a biotechnology company that specializes in developing software tools for clinical research, focusing on improving diagnosis and treatment processes. Based in San Francisco, the company offers solutions such as Clinical Trial Design, which helps define inclusion criteria, endpoints, and study sizes; Synthetic Control Arms, which reduce or eliminate the necessity for concurrent control groups; and Subgroup Analysis, which identifies specific patient subgroups within trial results. Unlearn.AI has pioneered the TwinRCT solution, a digital twin service that leverages machine learning to enhance the efficiency and success rates of clinical trials. This innovative approach creates a prognostic digital twin for each patient, allowing for more precise estimations of treatment effects based on historical data. By integrating machine learning and biostatistics, Unlearn.AI aims to accelerate the clinical trial process, benefiting both patients and pharmaceutical sponsors.
Farmers Business Network
Series E in 2019
Farmers Business Network, Inc. is an independent agricultural technology and commerce platform that serves as a farmer-to-farmer network, empowering its members to make informed decisions to enhance the economic viability of their farms. The company advocates for family farmers and ranchers by providing data-driven agronomic insights, facilitating direct purchases from manufacturers, and enabling competitive market opportunities for selling crops. Farmers can leverage the network to share information and access vital resources such as health and crop insurance. With a membership that spans over 80 million acres across the U.S., Canada, and Australia, Farmers Business Network employs over 800 personnel and operates offices in key locations, including San Carlos, California, Chicago, Illinois, Sioux Falls, South Dakota, and its Canadian and Australian headquarters in High River, Alberta, and Perth, respectively.
Recursion Pharmaceuticals
Series B in 2018
Recursion Pharmaceuticals, Inc. is a clinical-stage biotechnology company based in Salt Lake City, Utah, that focuses on revolutionizing drug discovery through the integration of advanced technologies such as artificial intelligence, automation, and bioinformatics. Founded in 2013, the company has developed a comprehensive drug discovery platform that includes various tools and software, such as ReChem for chemical compound design, ReScreen for managing complex experimental workflows, and RePredict for modeling drug relationships using machine learning. These innovations enable Recursion to generate extensive biological and chemical datasets, facilitating the exploration of foundational biology and accelerating the development of new therapeutic solutions. Through its unique approach, Recursion aims to significantly enhance patient outcomes and streamline the drug discovery process.
Kudi
Seed Round in 2017
KUDI is a financial service provider focused on providing access to electronic banking and financial services by leveraging conversational interfaces, natural language processing and artificial intelligence to provider faster access, frictionless experience, and ultimately boost financial inclusion in emerging markets. KUDI is enabling secured financial transactions via Facebook, Telegram, Slack and Skype. KUDI's focus is the African market with a primary focus on the Nigerian Payment ecosystem and the company does this in partnership with e-payment regulators, a leading commercial bank, and an international payment processor.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.